Corporate news

FILE - In this June 21, 2018, file photo, a laboratory manager demonstrates how she uses an instrument to photograph cannabis samples at an analytical laboratory in Oakland, Calif. California marijuana producers are seeing a higher percentage of buds, oils and other products clear strict safety tests. Testing started in July and the first two months saw about a 20 percent failure rate. Now it's down to 14 percent. State and industry officials say that shows businesses are adjusting to the regulated market. (AP Photo/Jeff Chiu, File)
December 16, 2018 - 11:31 am
LOS ANGELES (AP) — A higher percentage of California marijuana products are passing strict safety tests, but the sudden closing of a lab that state authorities found wasn't correctly checking for pesticides has raised new questions about the system intended to protect the purity and potency of...
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FILE - In this Sept. 26, 2018, file photo, visitors look at a display for 5G wireless technology from Chinese technology firm Huawei at the PT Expo in Beijing. While a Huawei executive faces possible U.S. charges over trade with Iran, the Chinese tech giant's ambition to be a leader in next-generation telecoms is colliding with security worries abroad. (AP Photo/Mark Schiefelbein, File)
December 16, 2018 - 7:30 am
BEIJING (AP) — While a Huawei executive faces possible U.S. charges over trade with Iran, the Chinese tech giant's ambition to be a leader in next-generation telecoms is colliding with security worries abroad. Australia and New Zealand have barred Huawei Technologies Ltd. as a supplier for fifth-...
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FILE - In this July 29, 2013, file photo, Les Moonves arrives at the CBS, CW and Showtime TCA party at The Beverly Hilton in Beverly Hills, Calif. CBS is pledging $20 million in grants to 18 organizations dedicated to eliminating sexual harassment in the workplace as the network tries to recover from the scandal that forced the ouster of Moonves. CBS said Friday, Dec. 14, 2018 that the money will go toward helping the organizations expand their work and “ties into the company’s ongoing commitment to strengthening its own workplace culture.” (Photo by Jordan Strauss/Invision/AP, File)
December 14, 2018 - 7:32 pm
NEW YORK (AP) — CBS on Friday pledged to give $20 million to 18 organizations dedicated to eliminating sexual harassment in the workplace as the network tries to recover from a scandal that led to the ouster of its top executive, Les Moonves. The announcement comes as the network's crisis deepens,...
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President Donald Trump attends a ceremony for the signing of an executive order establishing the White House Opportunity and Revitalization Council, in the Roosevelt Room of the White House, Wednesday, Dec. 12, 2018, in Washington. At left is Sen. Tim Scott, R-S.C., and speaking at right is Bob Johnson, founder of BET. (AP Photo/Jacquelyn Martin)
December 14, 2018 - 5:04 pm
NEW YORK (AP) — President Donald Trump's company owns a golf club in an Opportunity Zone offering developers massive tax breaks, but experts say it is unlikely it could take advantage of them. The Trump National Golf Club outside Philadelphia is in one of the nation's nearly 9,000 high-poverty...
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FILE - This Oct. 10, 2008, file photo illustration shows Johnson & Johnson products, in Philadelphia. Johnson & Johnson is forcefully denying a media report that it knew for decades of the existence of trace amounts of asbestos in its baby powder. The report Friday, Dec. 14, 2018, by the Reuters news service sent company shares into a tailspin, suffering their worst sell-off in 16 years. (AP Photo/Matt Rourke, File)
December 14, 2018 - 4:50 pm
NEW YORK (AP) — Johnson & Johnson on Friday forcefully denied a media report that it knew for decades about the existence of trace amounts of asbestos in its baby powder. The report by the Reuters news service sent the company's shares into a tailspin, suffering their worst one-day sell-off in...
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In this image made from video taken on March 2, 2017, Michael Spavor, director of Paektu Cultural Exchange, talks during a Skype interview in Yangi, China. A second Canadian man is feared detained in China in what appears to be retaliation for Canada's arrest of a top executive of telecommunications giant Huawei. The possible arrest raises the stakes in an international dispute that threatens relations. Canada's Global Affairs department on Wednesday, Dec. 12, 2018, said Spavor, an entrepreneur who is one of the only Westerners to have met North Korean leader Kim Jong Un, had gone missing in China. Spavor's disappearance follows China's detention of a former Canadian diplomat in Beijing earlier this week. (AP Photo)
December 14, 2018 - 12:55 pm
WASHINGTON (AP) — The Latest on talks between the U.S. and Canada (all times local): ___ 1:50 p.m. U.S. Secretary of State Mike Pompeo says the detention of two Canadian citizens in China is unlawful and is calling for them to be released. China detained the two Canadians this week in apparent...
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FILE - This August 2010 file photo shows a sign for Moody's Corp. in New York. Concerns are building from Washington to Wall Street about the trillions of dollars in debt that U.S. businesses have racked up, particularly by companies with relatively weak finances. (AP Photo/Mark Lennihan, File)
December 14, 2018 - 11:36 am
NEW YORK (AP) — Homeowners appear to have learned the lesson of the Great Recession about not taking on too much debt. There is some concern that Corporate America didn't get the message. For much of the past decade, companies have borrowed at super-low interest rates and used the money to buy back...
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FILE - In this Thursday, March 8, 2018 file photo Volkswagen cars are pictured during a final quality control at the Volkswagen plant in Wolfsburg, Germany. Automaker Volkswagen says it is on track for a new annual sales record despite troubles getting vehicles certified for new European emissions tests. (AP Photo/Michael Sohn, file)
December 14, 2018 - 6:01 am
FRANKFURT, Germany (AP) — Volkswagen, which last year vied for the title of world's largest carmaker, says it is on track to beat that performance with a new annual sales record — despite trouble getting vehicles certified for new European emissions tests. Sales head Christian Dahlheim said Friday...
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Huawei chief financial officer Meng Wanzhou arrives at a parole office with a security guard in Vancouver, British Columbia, Wednesday, Dec. 12, 2018. (Darryl Dyck/The Canadian Press via AP)
December 13, 2018 - 11:53 pm
TORONTO (AP) — First U.S. President Donald Trump attacked Canada on trade. Then Saudi Arabia punished it for speaking up for human rights. Now China has the country in its cross-hairs, detaining two Canadians in apparent retaliation for the arrest of a top Chinese tech executive on behalf of the...
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Virgin Galactic reaches space for the first time during its 4th powered flight from Mojave, Calif. The aircraft called VSS Unity reached an altitude of 271,268 feet reaching the lower altitudes of space. (AP Photo/Matt Hartman)
December 13, 2018 - 7:35 pm
MOJAVE, Calif. (AP) — Virgin Galactic's tourism spaceship climbed more than 50 miles high above California's Mojave Desert on Thursday, reaching for the first time what the company considers the boundary of space. The rocket ship hit an altitude of 51 miles (82 kilometers) before beginning its...
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