Corporate news

South Korean Transport Ministry officials and members of investigative panel on BMW engine bow during a press conference as damaged gears of a BMW which engine had caught fire are displayed at the government complex in Seoul, Monday, Dec. 24, 2018. South Korea says it will fine BMW 11.2 billion won ($9.9 million) and file a criminal complaint against the company with state prosecutors over an allegedly botched response to dozens of engine fires reported in the country. (AP Photo/Ahn Young-joon)
December 23, 2018 - 9:51 pm
SEOUL, South Korea (AP) — South Korea said Monday it will fine BMW 11.2 billion won ($9.9 million) and file a criminal complaint against the company with state prosecutors over an allegedly botched response to dozens of engine fires reported in the country. South Korea's Transport Ministry its...
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In this Sept. 25, 2018 file photo, crime scene tape meant to define boundaries for protesters is strung in front of the Trump International Hotel & Tower during a rally against President Donald Trump's visit to New York City. Many believed that the presidency would be a boon to Donald Trump's business, but two years since he took office there is mounting evidence that president's divisive comments, that are so attractive to his political base, have actually hurt the Trump brand. (AP Photo/Andres Kudacki, File)
December 23, 2018 - 11:27 am
NEW YORK (AP) — When workers pried the Trump name off another Manhattan building earlier this year, it capped a bad few weeks for the president's businesses. Donald Trump's golf resorts in Scotland had just posted millions of dollars in losses, one of his hotels in Panama had rebranded itself a...
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In this video grab provided by RU-RTR Russian television via AP television, Russian rescue team wait for a elevator to go down into the mine potash mine in Solikamsk, the Perm region near the Ural Mountains, Russia, Saturday, Dec. 22, 2018. Russian emergency teams struggled Saturday to reach nine construction workers trapped inside a burning potash mine in the Perm region near the Ural Mountains. (RU-RTR Russian Television via AP)
December 23, 2018 - 10:52 am
MOSCOW (AP) — Rescue teams on Sunday found the bodies of nine construction workers who were trapped inside a burning potash mine in Russia's Ural Mountains, while Russian officials opened a criminal investigation of the accident. A fire erupted Saturday at the mine operated by fertilizer company...
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FILE - In this Sept. 25, 2018 file photo, Canadian Foreign Affairs Minister Chrystia Freeland participates in a discussion at the Council on Foreign Relations in New York. Freeland says China's detention of two Canadian citizens in apparent retaliation for the arrest of a top Chinese tech executive is a worrying precedent that has resonated with allies. Freeland said Saturday, Dec. 22, on a conference call with reporters that it's an issue that concerns partners around the world, and Canada will continue having discussions about it. (Adrian Wyld/The Canadian Press via AP, File)
December 22, 2018 - 6:10 pm
TORONTO (AP) — Canadian Foreign Minister Chrystia Freeland said Saturday that Canada will embark on a campaign to win the release of two citizens detained by China in apparent retaliation for the arrest of a top Chinese tech executive. Freeland said on a conference call with reporters that the...
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FILE - In this April 13, 2017, file photo, a pilot waves from the flight deck of a Boeing 737 MAX 9 as it rolls out for the airplane's first flight, in Renton, Wash. A temporary injunction freezing a joint venture between airplane manufacturers Boeing and Embraer has been overruled by a Brazilian justice. The ruling was made Saturday, Dec. 22, 2018 by Federal Court President Therezinha Cazerta, who said that the matter is outside the court's purview. (AP Photo/Ted S. Warren, File)
December 22, 2018 - 2:43 pm
RIO DE JANEIRO (AP) — A Brazilian justice is allowing airplane manufacturers Boeing and Embraer to proceed with a joint venture, overruling a temporary injunction that stalled the deal. The decision was made Saturday morning by Federal Court President Therezinha Cazerta, who said that the matter is...
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December 22, 2018 - 9:27 am
MOSCOW (AP) — Russian emergency teams struggled Saturday to reach nine construction workers trapped inside a burning potash mine in the Perm region near the Ural Mountains. Officials said the fire erupted Saturday when 17 workers were inside the mine in Solikamsk, which is located 1,200 kilometers...
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FILE - In this Tuesday, July 11, 2017 file photo, Fashion designer Raf Simons, left, makes adjustments before his fashion show during Men's Fashion Week in New York. Designer Raf Simons is parting ways with Calvin Klein after two years with the fashion company. Calvin Klein announced in a statement Friday, Dec. 21, 2018 the Belgian designer's departure as the chief creative officer was amicable. The company said it decided on a new brand direction different from Simons' creative vision. (AP Photo/Frank Franklin II, File)
December 22, 2018 - 8:16 am
NEW YORK (AP) — Less than two years after he shook up the New York fashion world with a splashy runway debut for Calvin Klein, designer Raf Simons is leaving the company. The company and the Belgian designer announced they had "amicably" decided to part ways after Calvin Klein "decided on a new...
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December 22, 2018 - 5:23 am
ST. PETERSBURG, Russia (AP) — Russia's nuclear power company says a Soviet-built nuclear reactor has been taken out of operation after 45 years of service. The state-controlled Rosatom corporation said Saturday that Reactor No. 1 at the Leningrad nuclear power plant has been shut down as planned...
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FILE - In this April 24, 2018, file photo, the first rendering from hemp plants extracted from a super critical CO2 extraction device on it's way to becoming fully refined CBD oil spurts into a large beaker at New Earth Biosciences in Salem, Ore. The hemp industry still has work ahead to win legal status for hemp-derived cannabidiol, or CBD oil. The head of the Food and Drug Administration says adding CBD to food or dietary supplements is still illegal. President Donald Trump signed a farm bill this week designating hemp as an agricultural crop, but FDA Commissioner Scott Gottlieb issued a statement saying CBD is a drug ingredient and therefore illegal to add to food or supplements without approval from his agency. (AP Photo/Don Ryan, File)
December 22, 2018 - 2:23 am
SEATTLE (AP) — The hemp industry still has work ahead to win legal status for hemp-derived cannabidiol, or CBD oil, as an ingredient in food or dietary supplements despite the big farm bill President Donald Trump signed this week designating hemp as an agricultural crop. CBD oils have become...
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December 21, 2018 - 10:02 pm
SACRAMENTO, Calif. (AP) — California regulators said Friday they are considering splitting up Pacific Gas & Electric Co. or making other drastic changes amid concerns over the utility's role in recent gas explosions and wildfires. Among the options under consideration by the California Public...
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