Corporate news

FILE - This July 11, 2018, file photo, shows the aftermath of a gas explosion in downtown Sun Prairie, Wis. Police in Sun Prairie are planning to announce Thursday, Dec. 20, the results of a criminal investigation into an explosion that leveled a city block and killed a firefighter. (John Hart/Wisconsin State Journal via AP, File)
December 20, 2018 - 7:52 pm
SUN PRAIRIE, Wis. (AP) — Miscommunication and an improperly marked gas main were to blame for an explosion last summer that killed a Wisconsin firefighter, injured 11 other people and leveled a city block, authorities said Thursday in announcing that no one would face charges. The July 10 blast...
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FILE - In this Aug. 29, 2018, file photo, White House Adviser Jared Kushner waves as he arrives at the Office of the United States Trade Representative in Washington. Kushner's family company plans to buy another property in a New Jersey beach town where developers can get big tax breaks thanks to a new federal program pushed by Kushner and his wife, Ivanka Trump. (AP Photo/Jacquelyn Martin, File)
December 20, 2018 - 6:35 pm
NEW YORK (AP) — Jared Kushner's family company is buying another property in a New Jersey beach town where developers can get big tax breaks thanks to a new federal program pushed by Kushner and his wife, Ivanka Trump. The Kushner Cos. is negotiating to buy land already approved for retail space...
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FILE - In this Jan. 18, 2017 photo marijuana is displayed for sale at a shop in Juneau, Alaska. Alaska regulators approved rules for onsite consumption of marijuana at specially designated shops on Thursday, Dec. 20, 2018, a significant step for the cannabis industry after years of debate. (AP Photo/Mark Thiessen, File)
December 20, 2018 - 6:27 pm
JUNEAU, Alaska (AP) — Alaska regulators on Thursday approved rules for onsite consumption of marijuana at specially designated shops, a significant step for the cannabis industry in the state after years of debate. The 3-2 vote by the Marijuana Control Board does not mean people can light up at...
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FILE - In this May 12, 2016, file photo, then Nissan Motor Co. President and CEO Carlos Ghosn arrives for a joint press conference with Mitsubishi Motors Corp. in Yokohama, near Tokyo. At left is Nissan Chief Executive Hiroto Saikawa. Japan's court has denied the prosecutor's request to extend detention of ex-Nissan chair Carlos Ghosn. (AP Photo/Eugene Hoshiko, File)
December 20, 2018 - 6:47 am
TOKYO (AP) — A Japanese court denied prosecutors' request Thursday to extend the detention of former Nissan chairman Carlos Ghosn, who has been charged with underreporting his pay. The Tokyo District Court said it rejected the request for another 10-day detention for Ghosn over an additional...
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People walk across an electronic board showing Hong Kong share index outside a bank in Hong Kong, Thursday, Dec. 20, 2018. Asian stock markets sank Thursday after the Federal Reserve raised U.S. interest rates and Wall Street dived to a 15-month low.(AP Photo/Kin Cheung)
December 20, 2018 - 6:19 am
LONDON (AP) — Global stock prices fell sharply Thursday after Wall Street plunged in the wake of some fairly hawkish commentary from the Federal Reserve about future U.S. interest rate increases. However, many European indexes have come off their lows amid hopes that the U.S. will open slightly...
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FILE - This April 20, 2009 file photo, shows the British pharmaceuticals firm GlaxoSmithKline in London. Drugmakers GlaxoSmithKline and Pfizer are merging their healthcare divisions, creating a business with combined sales of 9.8 billion pounds ($12.7 billion). British-based Glaxo will own 68 percent of the joint venture, while U.S.-based Pfizer will own the remaining 32 percent stake. (AP Photo/Sang Tan, File)
December 19, 2018 - 12:18 pm
Drugmakers GlaxoSmithKline and Pfizer plan to merge their consumer health businesses into what will be the world leader in sales of nonprescription medicines such as pain relievers, vitamins and cold remedies. The new joint venture would have with combined annual sales of $12.7 billion (9.8 billion...
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December 19, 2018 - 9:26 am
NEW YORK (AP) — Stephen Colbert is laying claim to the $120 million in severance that CBS' board of directors said wouldn't be paid to ousted former CEO Leslie Moonves — at least half of it. The late-night host joked, "the other half goes to Tom Selleck's mustache." Colbert didn't avoid his network...
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December 19, 2018 - 8:58 am
WARSAW, Poland (AP) — Poland has signed a long-term deal with a U.S. company for supplies of liquefied natural gas as part of an effort to reduce its dependence on Russian energy. Port Arthur LNG, a subsidiary of Sempra Energy, and Poland's state gas company PGNiG jointly announced Wednesday the...
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SoftBank Corp.'s CEO Ken Miyauchi speaks during a press conference in Tokyo, Wednesday, Dec. 19, 2018. SoftBank Group Corp.'s Japanese mobile subsidiary suffered a bitter debut on the Tokyo market, slumping 15 percent. (AP Photo/Koji Sasahara)
December 19, 2018 - 3:29 am
TOKYO (AP) — SoftBank Group Corp.'s Japanese mobile subsidiary suffered a bitter debut Wednesday on the Tokyo Stock Exchange, slumping 15 percent, hurt by a recent service outage and concerns about the use of parts from Chinese telecom giant Huawei. Shares fetched an opening price of 1,463 yen ($13...
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An autonomous vehicle called an R1 created to deliver groceries is displayed outside a Fry's grocery store, which is owned by Kroger Co., in Scottsdale, Ariz., Tuesday, Dec. 18, 2018. The fully autonomous vehicle is set begin piloting public roads Tuesday with no back up driver, though it will be monitored by humans in another automobile. (AP Photo/Brian Skoloff)
December 18, 2018 - 8:02 pm
The nation's largest grocery chain stepped into the driverless delivery market Tuesday, bringing milk, eggs and other items to a customer's home in a vehicle with nobody at the wheel. Although limited to delivering within about a mile (1.5 kilometers) of one Arizona supermarket owned by Kroger Co...
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