Corporate news

A man is silhouetted as he walks by a Huawei retail store at a shopping mall in Beijing, Tuesday, Dec. 11, 2018. China's foreign minister vowed Tuesday to protect its citizens abroad as a Canadian court decided whether to release a technology executive on bail in a case that has riled U.S.-Chinese relations. (AP Photo/Andy Wong)
December 12, 2018 - 8:16 pm
TORONTO (AP) — The latest on the frictions between Canada and China over the arrest of a top Chinese tech executive (all times local): 9:10 p.m. An official familiar with the matter says the Canadian man missing in China and feared detained is entrepreneur Michael Spavor. Spavor is director of the...
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December 12, 2018 - 7:30 pm
When the leaders of global airlines posed for a photo in June, there were 25 men in dark suits and a lone woman in the last seat on the far right. That could be changing, but very slowly. Air France announced Wednesday that Anne Rigail will take over as CEO next week. Rigail, a 27-year company...
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Michael Cohen, left, President Donald Trump's former lawyer, leaves federal court after his sentencing in New York, Wednesday, Dec. 12, 2018. Cohen was sentenced Wednesday to three years in prison for an array of crimes that included arranging the payment of hush money to two women that he says was done at the direction of Trump. (AP Photo/Craig Ruttle)
December 12, 2018 - 7:12 pm
NEW YORK (AP) — Michael Cohen, President Donald Trump's one-time fixer, was sentenced Wednesday to three years in prison for crimes that included arranging the payment of hush money to conceal his boss' alleged sexual affairs, telling a judge that he agreed time and again to cover up Trump's "dirty...
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This May 29, 2018 photo provided by Virgin Galactic shows the VSS Unity craft during a supersonic flight test. The spaceship isn’t launched from the ground but is carried beneath a special aircraft to an altitude around 50,000 feet (15,240 meters). There, it’s released before igniting its rocket engine and climbing. (Virgin Galactic via AP)
December 12, 2018 - 7:11 pm
MOJAVE, Calif. (AP) — Richard Branson's Virgin Galactic is gearing up to finally send its tourism rocket ship to the edge of space. If successful, it would be a major step toward the long-delayed dream of commercial space tourism. The next test flight could come as early as Thursday with two pilots...
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Tao Sang Tong, center, Chairman of Tencent Music Entertainment, and Co-President Guomin Xie, right, strike the bell at the New York Stock Exchange to mark the Chinese company's IPO, Wednesday, Dec. 12, 2018. (AP Photo/Mark Lennihan)
December 12, 2018 - 1:03 pm
NEW YORK (AP) — Shares in Chinese streaming music giant Tencent Music Entertainment are up 8 percent to $14.11 on their first day of trading. The company's initial public offering of 82 million shares was priced at $13 a share and is expected to raise between $1.07 billion and $1.23 billion. The...
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FILE - In this Dec. 3, 2014, file photo, AOL CEO Tim Armstrong is interviewed during "Opening Bell with Maria Bartiromo," on the Fox Business Network, in New York. Shares of Verizon are falling before the opening bell after the company said it would take a $4.6 billion hit for what’s become an expensive internet foray with Yahoo and AOL. The two companies, which came to be called Oath under Verizon, has yet to pan out. In September, Verizon announced that Oath CEO Armstrong was leaving. (AP Photo/Richard Drew, File)
December 12, 2018 - 8:31 am
NEW YORK (AP) — Shares of Verizon slipped before the opening bell Wednesday with the company taking a $4.6 billion hit on what's become an expensive internet foray that's never panned out. In a regulatory filing late Tuesday, Verizon Communications Inc. said it will take a charge in the fourth...
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This image taken from video shows an Amazon package containing a GPS tracker on the porch of a Jersey City, N.J. residence after its delivery Tuesday, Dec. 11, 2018. The explosion in online shopping has led to porch pirates and stoop surfers swiping holiday packages from unsuspecting residents. The cops in one New Jersey city are trying to catch the thieves with some trickery of their own. (AP Photo/Robert Bumsted)
December 12, 2018 - 8:18 am
The explosion in online shopping has led to porch pirates and stoop surfers swiping holiday packages from unsuspecting residents. The cops in one New Jersey city are trying to catch the thieves with some trickery of their own. Police in Jersey City, across the Hudson River from New York, are...
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Supporters hold signs and a Chinese flag outside the British Columbia Supreme Court in Vancouver during the third day of a bail hearing for Meng Wanzhou, the chief financial officer of Huawei Technologies, on Tuesday December 11, 2018. (Darryl Dyck/The Canadian Press via AP)
December 12, 2018 - 12:35 am
VANCOUVER, British Columbia (AP) — A Canadian court granted bail Tuesday to a top Chinese executive arrested at the United States' request in a case that has set off a diplomatic furor among the three countries and complicated high-stakes U.S.-China trade talks. Hours before the bail hearing in...
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December 11, 2018 - 6:50 pm
NEW YORK (AP) — The former head of construction at Bloomberg LP cooked up a lucrative side business, prosecutors say: an electrical contractor that he kept humming with $250 million worth of business from the global media and financial information company. Prosecutors say Anthony Guzzone's "...
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In this November 2018 photo, Christmas trees sit in a dirt lot at Silver Bells Tree Farm in Silverton, Ore., before being loaded onto a semi-truck headed for a Los Angeles tree lot. Christmas tree farmers nationwide are paying a fee to the Christmas Tree Promotion Board for each tree harvested to fund a social media ad campaign aimed at convincing young families to buy real trees instead of artificial ones. (AP Photo/Gillian Flaccus)
December 11, 2018 - 5:36 pm
TUALATIN, Ore. (AP) — Rosa Villarreal's three young sons jumped and ran around the field of Christmas trees like jackrabbits, their excitement palpable as they raced from evergreen to evergreen. The boys, ages 2, 4 and 6, were picking out a real tree this year — a new tradition their young parents...
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