Corporate news

August 20, 2018 - 8:01 am
CARACAS, Venezuela (AP) — U.S. oil giant ConocoPhillips says it has reached an agreement with Venezuela*s state-owned oil company to recover nearly $2 billion it was awarded as part of a decade-old expropriation dispute. Monday's statement from Houston-based Conoco says that PDVSA has agreed to...
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FILE - In this March 9, 2013, file photo, Electric car maker Tesla’s CEO Elon Musk gives the opening keynote at the SXSW Interactive Festival in Austin, Texas. Musk has admitted in a wide-ranging interview with The New York Times that stress is taking a heavy toll in what he calls an “excruciating year.” In the newspaper’s account of the interview, published Friday, Musk said he was working up to 120 hours a week and sometimes takes Ambien to get to sleep. (AP Photo/Jack Plunkett, File)
August 19, 2018 - 2:44 pm
Arianna Huffington is calling on Elon Musk to adopt a healthier work-life balance, but the Tesla CEO says that's not an option. In a tweet early Sunday after arriving home from a late night at a Tesla factory, Musk tells the Huffington Post founder that his electric car company and Ford are the...
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FILE - In this March 29, 2018, file photo the logo for Facebook appears on screens at the Nasdaq MarketSite, in New York's Times Square. Federal regulators are alleging that Facebook’s advertising tools allow landlords and real estate brokers to engage in housing discrimination. The U.S. Department of Housing and Urban Development alleged in a complaint this week that Facebook violated the Fair Housing Act because its targeting systems allow advertisers to exclude certain audiences, such as families with young children or disabled people, from seeing housing ads. AP Photo/Richard Drew, File)
August 17, 2018 - 7:10 pm
NEW YORK (AP) — Federal regulators are alleging that Facebook's advertising tools allow landlords and real estate brokers to engage in housing discrimination. The U.S. Department of Housing and Urban Development said in an administrative complaint this week that Facebook violated the Fair Housing...
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FILE - In this Jan. 25, 2018, file photo, Kansas City-area businessman Greg Orman discusses his run for Kansas governor as an independent candidate during an interview in Topeka, Kan. Orman says many Kansas Republicans view their party's nominee, Kris Kobach, as not only extreme, but incompetent and corrupt. He believes those Republican voters will be attracted to his background as a businessman. Orman said Friday, Aug. 17, 2018, he expects his business experience will also draw to him Democratic voters who view the governor's job as not just a policy job but a management job. (AP Photo/John Hanna, File)
August 17, 2018 - 5:10 pm
WICHITA, Kan. (AP) — Kansas election officials certified independent Greg Orman as a candidate for Kansas governor on Friday, and the businessman immediately tried to appeal to disaffected Republicans, who he said view GOP hopeful Kris Kobach as "incompetent and corrupt." Orman's entry into the...
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FILE - In this March 9, 2013, file photo, Electric car maker Tesla’s CEO Elon Musk gives the opening keynote at the SXSW Interactive Festival in Austin, Texas. Musk has admitted in a wide-ranging interview with The New York Times that stress is taking a heavy toll in what he calls an “excruciating year.” In the newspaper’s account of the interview, published Friday, Musk said he was working up to 120 hours a week and sometimes takes Ambien to get to sleep. (AP Photo/Jack Plunkett, File)
August 17, 2018 - 5:07 pm
Elon Musk's erratic behavior was front and center again this week as the CEO of Tesla conceded that he's overwhelmed by job stress, pushing his electric car company's stock down and bringing pressure on its board to take action. Musk's revelation, in a Thursday interview with The New York Times,...
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Kevin Downing, left, and Thomas Zehnle, with the defense team for Paul Manafort, leave federal court during the second day of jury deliberations in the trial of the former Trump campaign chairman, in Alexandria, Va., Friday, Aug. 17, 2018. (AP Photo/Jacquelyn Martin)
August 17, 2018 - 1:52 pm
ALEXANDRIA, Va. (AP) — The judge in former Trump campaign chairman Paul Manafort's fraud trial refused Friday to release the names of jurors, saying he has received threats and fears for their safety as well. U.S. District Judge T.S. Ellis III revealed his concerns in explaining why he doesn't...
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FILE- In this April 24, 2018, file photo replicas of Arturo Di Modica's "Charging Bull" are for sale on a street vendor's table outside the New York Stock Exchange in New York. The U.S. stock market opens at 9:30 a.m. EDT on Friday, Aug 17. (AP Photo/Mary Altaffer, File)
August 17, 2018 - 12:48 pm
NEW YORK (AP) — U.S. stocks are slightly higher Friday afternoon as strong sales from Deere help industrial companies and a dip in bond yields sends high-dividend companies upward. Health care companies are up but chipmakers are sliding. Tesla is falling further on reports of a wider government...
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August 17, 2018 - 10:29 am
HOPKINS, S.C. (AP) — Federal regulators say Westinghouse Electric Co. has no plans to clean a plume of uranium under its nuclear fuel factory despite evidence it could reach South Carolina's water supply. Instead, Westinghouse wants a new 40-year extension from the Nuclear Regulatory Commission,...
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FILE - In this Nov. 17, 2015 file photo, R. Kelly performs the national anthem before an NBA basketball game between the Brooklyn Nets and the Atlanta Hawks in New York. An Atlanta-area property company is suing R. Kelly for $203,400 over "extensive damage" to two homes he rented. SB Property Management Global, LLC., based in East Point, filed the lawsuit Wednesday, Aug. 15, 2018. It says one home suffered damage to electric wiring, flooring, and windows and was missing items including a stove, furniture, ceiling fans and 22 light fixtures. (AP Photo/Frank Franklin II, File)
August 17, 2018 - 10:16 am
ATLANTA (AP) — An Atlanta-area property company is suing Grammy-winning R&B artist R. Kelly for $203,400 over "extensive damage" to two homes he rented. The Atlanta Journal-Constitution reports SB Property Management Global, LLC., based in East Point, filed the lawsuit Wednesday. It says one...
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In this Feb. 9, 2017, photo Benjamin Smith, President, Passenger Airlines Air Canada, speaks before revealing the new Air Canada Boeing 787-8 Dreamliner at a hangar at the Toronto Pearson International Airport in Mississauga, Ontario. Air Canada's chief operating officer Smith has been named the new CEO of Air France-KLM. Smith will replace former Air France CEO Jean-Marc Janaillac, who quit more than three months ago when staff turned down his offer of a pay deal aimed at halting a wave of strikes. (Mark Blinch/The Canadian Press via AP)
August 17, 2018 - 3:56 am
PARIS (AP) — Unions at Air France-KLM voiced concern after the company appointed Benjamin Smith as the new CEO with the support of the French state. The company said Thursday that Smith, who is 46 and was previously Air Canada's chief operating officer, will fill the role by Sept. 30. Vincent...
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