Corporate news

FILE - In this file photo taken Thursday, May 22, 2014, Liu Qiangdong, also known as Richard Liu, CEO of JD.com, raises his arms to celebrate the IPO for his company at the Nasdaq MarketSite, in New York. An attorney for Liu welcomes a decision by Minnesota prosecutors not to charge Liu after a Chinese college student accused him of sexual assault. The attorney says Liu was arrested "based on a false claim," and the decision not to file charges "vindicates him." Prosecutors said Friday, Dec. 21, 2018, that "profound evidentiary problems" would have made it "highly unlikely" to prove any charges beyond a reasonable doubt. (AP Photo/Mark Lennihan, File)
December 21, 2018 - 6:39 pm
MINNEAPOLIS (AP) — The Latest on prosecutors decision in U.S. not to file charges against Chinese billionaire in alleged assault (all times local): 6:30 p.m. The attorney for a University of Minnesota student who alleges she was sexually assaulted by Chinese billionaire Richard Liu says the woman...
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December 21, 2018 - 6:36 pm
TULSA, Okla. (AP) — Federal prosecutors said Friday that a Chinese national employed by an Oklahoma petroleum company has been charged with stealing trade secrets. Authorities said Hongjin Tan, 35, is accused of stealing trade secrets from his unnamed U.S.-based employer that operates a research...
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FILE - In this file photo taken Thursday, May 22, 2014, Liu Qiangdong, also known as Richard Liu, CEO of JD.com, raises his arms to celebrate the IPO for his company at the Nasdaq MarketSite, in New York. An attorney for Liu welcomes a decision by Minnesota prosecutors not to charge Liu after a Chinese college student accused him of sexual assault. The attorney says Liu was arrested "based on a false claim," and the decision not to file charges "vindicates him." Prosecutors said Friday, Dec. 21, 2018, that "profound evidentiary problems" would have made it "highly unlikely" to prove any charges beyond a reasonable doubt. (AP Photo/Mark Lennihan, File)
December 21, 2018 - 5:48 pm
MINNEAPOLIS (AP) — Chinese billionaire Richard Liu will not face charges over a rape accusation by a Chinese woman studying in Minnesota because prosecutors said Friday they could not prove his guilt beyond a reasonable doubt. Liu, founder of the Beijing-based e-commerce site JD.com, was arrested...
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FILE - In this March 11, 2004 file photo, Audrey Geisel, widow of famed children's book author Theodor Seuss Geisel, better known as Dr. Seuss, poses with The Cat in the Hat, foreground, and Thing 1 and Thing 2, who are characters from his books, at the dedication of Dr. Seuss' posthumous star on the Hollywood Walk of Fame in Los Angeles. Geisel died peacefully at her La Jolla, Calif., home on Wednesday, Dec. 19, 2018, at age 97. (AP Photo/Reed Saxon, File)
December 21, 2018 - 5:46 pm
LOS ANGELES (AP) — As Dr. Seuss neared the end of his life, the children's author told his wife that she would have to look after the Cat in the Hat, the Lorax, the Grinch and all the beloved characters he created. It was a mission Audrey Geisel embraced for more than a quarter-century. As overseer...
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FILE - This June 25, 2017, file photo shows TK Holdings Inc. headquarters in Auburn Hills, Mich. More than three years after the government took over management of recalls involving dangerous Takata air bag inflators, one third of the recalled inflators still have not been replaced. That's according to an annual report on the recalls issued Friday, Dec. 21, 2018 by the government and a court-appointed recall monitor. (AP Photo/Paul Sancya, File)
December 21, 2018 - 3:57 pm
DETROIT (AP) — More than three years after the government took over management of recalls involving dangerous Takata air bag inflators, one third of the recalled inflators still have not been replaced. That's according to an annual report on the recalls released late Friday by the government and a...
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FILE - In this Tuesday, Sept. 11, 2018 file photo, Indonesian President Joko Widodo gives a lecture to students at Hankuk University of Foreign Studies in Seoul, South Korea. Indonesia has finalized transfer of majority control over giant gold and copper mine from Freeport-McMoRan. President Joko Widodo announced Friday Dec. 21 the landmark deal worth $3.85 billion to take over a 51.2 percent stake in PT Freeport Indonesia from the U.S. company has been completed by PT Inalum, a state-owned mining company. (AP Photo/Lee Jin-man, file)
December 21, 2018 - 9:12 am
JAKARTA, Indonesia (AP) — Indonesia has finalized transfer of majority control over giant gold and copper mine from Freeport-McMoRan. President Joko Widodo on Friday announced the landmark deal worth $3.85 billion to take over a 51.2 percent stake in PT Freeport Indonesia from the U.S. company has...
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A poster displayed during a news conference at the Department of Justice in Washington, Thursday, Dec. 20, 2018, shows two Chinese citizens suspected to be with the group APT 10 carrying out an extensive hacking campaign to steal data from U.S. companies. The Justice Department is charging two Chinese citizens with carrying out an extensive hacking campaign to steal data from U.S. companies. An indictment was unsealed Thursday against Zhu Hua and Zhang Shillong. Court papers filed in Manhattan federal court allege the hackers were able to breach the computers of more than 45 entities in 12 states. (AP Photo/Manuel Balce Ceneta)
December 21, 2018 - 8:39 am
BEIJING (AP) — China called the U.S. arrogant and selfish on Friday after two Chinese citizens were charged with stealing American trade secrets and other sensitive information on behalf of Beijing's main intelligence agency. Foreign Ministry spokeswoman Hua Chunying said "the Chinese government...
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A police officer stands guard at Tokyo Detention Center, where former Nissan chairman Carlos Ghosn and another former executive Greg Kelly, are being detained, in Tokyo Friday, Dec. 21, 2018. Japanese prosecutors added a new allegation of breach of trust against Ghosn on Friday, dashing his hopes for posting bail. (AP Photo/Eugene Hoshiko)
December 21, 2018 - 5:58 am
TOKYO (AP) — Nissan Motor Co. former chairman Carlos Ghosn, charged with financial improprieties and detained in Tokyo for more than a month, has also been accused of a breach of trust that caused a multi-million-dollar financial loss for Nissan. Speculation that he could leave on bail surged on...
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Sgt. Christian Pastrana, right, prepares toys for a donation to the organization Women in Distress, at the Marine Corps Toys for Tots depot, Wednesday, Dec. 19, 2018, in Hialeah, Fla. The recent closure of Toys R Us created some collateral damage -- the Toys for Tots charity drive. More than 250,000 toys donated by consumers and $5 million, 40 percent of corporate giving, came through Toy R Us last year, holes the annual Marine Corps' community effort is working to fill. At left is Matthew Williams, picking up the donation for Women in Distress. (AP Photo/Lynne Sladky)
December 21, 2018 - 3:00 am
HIALEAH, Fla. (AP) — When Toys R Us closed, Toys for Tots felt the loss. The toy giant's decision to close its stores this year left some huge holes for the annual charity drive to fill. Toys R Us shoppers donated more than 250,000 toys last year and the company gave $5 million in corporate...
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A poster displayed during a news conference at the Department of Justice in Washington, Thursday, Dec. 20, 2018, shows two Chinese citizens suspected to be with the group APT 10 carrying out an extensive hacking campaign to steal data from U.S. companies. The Justice Department is charging two Chinese citizens with carrying out an extensive hacking campaign to steal data from U.S. companies. An indictment was unsealed Thursday against Zhu Hua and Zhang Shillong. Court papers filed in Manhattan federal court allege the hackers were able to breach the computers of more than 45 entities in 12 states. (AP Photo/Manuel Balce Ceneta)
December 20, 2018 - 10:57 pm
WASHINGTON (AP) — U.S. officials on Thursday said two alleged Chinese hackers carried out an extensive campaign on behalf of Beijing's main intelligence agency to steal trade secrets and other information from government agencies and "a who's who" of major corporations in the United States and...
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