Corporate news

A small boat with two German police officers speeds over the river Main in Frankfurt, Germany, Wednesday, April 17, 2019. (AP Photo/Michael Probst)
April 25, 2019 - 3:56 am
BERLIN (AP) — Deutsche Bank and Commerzbank are halting talks on a possible merger that would have created Germany's biggest financial institution. Deutsche Bank said Thursday that "after careful analysis" its management board has concluded that a combination with its rival "would not have created...
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FILE - In this Jan. 30, 2019 file photo, employees prune marijuana plants at a Fotmer SA, greenhouse in Nueva Helvecia, Uruguay. On April 24, 2019, Fotmer in Uruguay and another company in Colombia announced they will become the first to export legal medical marijuana products from Latin America to Europe, part of what the firms hope will become a growing trade. (AP Photo/Matilde Campodonico, File)
April 24, 2019 - 8:41 pm
MONTEVIDEO, Uruguay (AP) — Two companies from Uruguay and Colombia will become the first in Latin America to export medical marijuana products to Europe under deals announced Wednesday. Fotmer Life Sciences of Uruguay and Clever Leaves of Colombia will export cannabis extract and dried marijuana...
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FILE - In this March 28, 2018, file photo, a visitor poses for a photo with the Facebook logo reflected on her sunglasses at the company's headquarters in Menlo Park, Calif. Facebook reports earnings Wednesday, April 24, 2019. (AP Photo/Marcio Jose Sanchez, File)
April 24, 2019 - 8:34 pm
SAN FRANCISCO (AP) — Facebook said it expects a fine of up to $5 billion from the Federal Trade Commission, which is investigating whether the social network violated its users' privacy. The company set aside $3 billion in its quarterly earnings report Wednesday as a contingency against the...
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FILE- In this March 14, 2019, file photo the Tesla Model Y is unveiled at Tesla's design studio in Hawthorne, Calif. Tesla, Inc. reports earnings Wednesday, April 24. (AP Photo/Jae C. Hong, File)
April 24, 2019 - 7:23 pm
SAN FRANCISCO (AP) — Tesla CEO Elon Musk had prepped Wall Street for a first quarter loss but analysts were still stunned by its size: $702.1 million, among the company's worst quarters in the past two years. The net loss was more than double what analysts had predicted as Tesla's sales slumped 31...
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Democratic presidential candidate Sen. Cory Booker, D-N.J., answers questions during a presidential forum held by She The People on the Texas State University campus Wednesday, April 24, 2019, in Houston. (AP Photo/Michael Wyke)
April 24, 2019 - 5:27 pm
IOWA CITY, Iowa (AP) — Democratic presidential candidate Cory Booker released 10 years of tax returns Wednesday, showing his income plunged last year but he remained generous toward charity. Booker reported income of $152,715 in 2018 for his salary as a U.S. senator from New Jersey. He paid $22,781...
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This combo of file photos shows the logo for Anadarko Petroleum Corp. on the floor of the New York Stock Exchange on April 12, 2019, left, and a logo on the Occidental Petroleum building in Los Angeles on Jan. 26, 2010. A bidding war is breaking out over Anadarko Petroleum, with Occidental making an offer worth $76 per share in cash and stock that it says is about a 20% premium to Chevron's $33 billion deal. (AP Photos)
April 24, 2019 - 3:42 pm
NEW YORK (AP) — A bidding war is breaking out over Anadarko Petroleum, with Occidental making an offer that it says is about a 20% premium to Chevron's deal announced earlier this month, a rare move not often seen in the U.S. oil industry. Houston-based Occidental Petroleum Corp. said the proposed...
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The Advanced Frontal Protection device is shown directly in front of IndyCar driver Josef Newgarden as climbs into his car during auto racing testing at the Indianapolis Motor Speedway in Indianapolis, Wednesday, April 24, 2019. (AP Photo/Michael Conroy)
April 24, 2019 - 3:34 pm
INDIANAPOLIS (AP) — Will Power got his first real glimpse at IndyCar's new debris deflector Wednesday. He is still getting used to the small piece on the front of his race car. The defending Indianapolis 500 champion and 2014 series champion was one of nearly two dozen drivers who spent Wednesday...
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April 24, 2019 - 11:28 am
BILLINGS, Mont. (AP) — In an April 16 article on former Interior Secretary Ryan Zinke taking a job with U.S. Gold Corp., The Associated Press erroneously reported that Zinke would receive up to $120,000 a year in expenses related to his consulting contract, citing a company filing with the U.S...
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FILE - In this April 10, 2019, file photo a Boeing 737 MAX 8 airplane being built for India-based Jet Airways lands following a test flight at Boeing Field in Seattle. Boeing Co. reports earnings Wednesday, April 24. (AP Photo/Ted S. Warren, File)
April 24, 2019 - 7:51 am
Boeing is pulling its 2019 forecast over 737 Max uncertainty and says it's suspending its stock buybacks. The aerospace giant also provided first quarter results on Wednesday that missed Wall Street's estimates. Boeing Co. said its previously issued full-year guidance didn't account for 737 Max...
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FILE - In this April 2, 2019, file photo, House Oversight and Reform Committee Chair Elijah Cummings, D-Md., speaks on Capitol Hill in Washington. Cummings says the White House is now in “open defiance” of his panel after lawyers advised a former official to resist a subpoena related to the committee’s investigation of White House security clearances. (AP Photo/J. Scott Applewhite)
April 24, 2019 - 7:15 am
WASHINGTON (AP) — The struggle between House Democrats and the Trump administration over investigations intensified as a former White House official defied a subpoena and the Treasury Department ignored a deadline for providing President Donald Trump's tax returns. Rep. Elijah Cummings, the...
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