Corporate news

Indian business man Vijay Mallya takes a smoking break outside Westminster Magistrates Court in London, Monday, Dec. 10, 2018. A British judge is expected to rule Monday on whether wealthy Indian entrepreneur Vijay Mallya will be extradited to India to face fraud allegations. (AP Photo/Kirsty Wigglesworth)
December 10, 2018 - 10:23 am
LONDON (AP) — A British court handed charismatic Indian tycoon Vijay Mallya a substantial setback Monday by ruling he should be extradited to India to face financial fraud allegations. Judge Emma Arbuthnot Monday endorsed the Indian government's request for Mallya's extradition and said she would...
Read More
FILE - This March 19, 2018, file photo shows the Yelp app on an iPad in Baltimore. A large shareholder at Yelp says it’s lost patience with the review site and wants to see the company board reshuffled. In a letter released publicly Monday, Dec. 10, SQN Investors LP said that it wants Yelp Inc. to add some new directors to its board, including shareholder representatives. (AP Photo/Patrick Semansky, File)
December 10, 2018 - 8:41 am
REDWOOD CITY, Calif. (AP) — Saying it's lost patience with missteps and earnings shortfalls, a large shareholder at Yelp is seeking a board reshuffle at the online review site. In a letter released publicly Monday, SQN Investors said that it wants Yelp Inc. to add some new directors to its board,...
Read More
FILE - In this May 12, 2016, file photo, then Nissan Motor Co. President and CEO Carlos Ghosn answers a question during a joint press conference with Mitsubishi Motors Corp. in Yokohama, near Tokyo. Japanese media say Tokyo prosecutors charged Ghosn on Monday, Dec. 10, 2018, with underreporting his income by 5 billion yen ($44 million) over five years, with another executive and the company. (AP Photo/Eugene Hoshiko, File)
December 10, 2018 - 5:33 am
TOKYO (AP) — Prosecutors have charged Nissan Motor Co.'s former chairman Carlos Ghosn, another executive and the automaker itself for allegedly underreporting income. The charges imposed Monday involve allegations Ghosn's pay was underreported by about 5 billion yen ($44 million) in 2011-2015. The...
Read More
Tokyo Detention Center, where former Nissan chairman Carlos Ghosn is being detained, stands in Tokyo Monday, Dec. 10, 2018. Tokyo prosecutors say Ghosn, who was arrested on Nov. 19, is suspected of underreporting income by 5 billion yen ($44 million) over five years. Japanese media are reporting that the government Securities and Exchange Surveillance Commission is accusing Nissan as a company, along with Ghosn and another executive, of underreporting income. (AP Photo/Eugene Hoshiko)
December 10, 2018 - 4:52 am
TOKYO (AP) — The Latest on charges against former Nissan Motor Co. chairman Carlos Ghosn, who was arrested last month on suspicion of underreporting his income (all times local): 7 p.m. Japanese Prime Minister Shinzo Abe says Japan-French relations are unshakable despite concerns over the future of...
Read More
FILE - In this Dec. 4, 2018, file photo, people walk past in front of a SoftBank shop at Ginza shopping district in Tokyo. SoftBank Group Corp. says the price for the initial public offering of its Japanese mobile subsidiary has been set at 1,500 yen ($13) a share. (AP Photo/Koji Sasahara, File)
December 10, 2018 - 4:06 am
TOKYO (AP) — The price for the initial public offering of SoftBank Group Corp.'s Japanese mobile subsidiary was set Monday at 1,500 yen ($13) a share. The Dec. 19 IPO on the Tokyo Stock Exchange will likely raise more than 2 trillion yen ($18 billion) and will be one of the world's biggest share...
Read More
FILE - In this Sept. 17, 2018, file photo SpaceX founder and chief executive Elon Musk speaks in Hawthorne, Calif. Tesla CEO Elon Musk is dismissing the ability of the company’s new board chairwoman to exert control over his behavior.Musk says “it’s not realistic” to think that Robyn Denholm will be reining him in because he remains the electric car company’s largest shareholder. Musk spoke on CBS’ show “60 Minutes,” broadcast Sunday, Dec. 9, 2018. (AP Photo/Chris Carlson, File)
December 09, 2018 - 10:08 pm
NEW YORK (AP) — Tesla CEO Elon Musk dismissed the idea that the company's new chairwoman can exert control over his behavior. Robyn Denholm, an Australian telecommunications executive, was appointed chairwoman of Tesla's board last month, replacing Musk as part of as part of a securities fraud...
Read More
FILE - In this Sunday, July 30, 2017 file photo, Hungary's Katinka Hosszu celebrates after winning the gold medal in the women's 400-meter individual medley final during the swimming competitions of the World Aquatics Championships in Budapest, Hungary. Three Olympic and world champion swimmers have filed an anti-trust suit in California challenging governing body FINA’s control of organizing competitions, it was announced Saturday, Dec. 8, 2018. The legal action by Hungarian great Katinka Hosszu and Americans Tom Shields and Michael Andrew follows Switzerland-based FINA shutting down an independent meet in Italy with threats to ban competitors. (AP Photo/Michael Sohn, file)
December 08, 2018 - 10:05 pm
Three Olympic and world champion swimmers have filed an antitrust suit in California challenging governing body FINA's control of organizing competitions. The legal challenge is the latest faced by Olympic bodies from athletes seeking greater prize money and more say in running their sport. It was...
Read More
In a Dec. 7, 2009 file photo, Michigan Gov. Jennifer Granholm drives a pre-production Chevrolet Volt at the Hamtramck Assembly plant in Hamtramck, Mich. GMs' planned shutdown of its Detroit-Hamtramck plant would leave only one auto assembly factory in the city known for "putting America on wheels," but the closure and job losses are not expected to stall-out Detroit's remarkable comeback following its 2014 bankruptcy exit. GM wants to close four facilities in the United States and one in Canada. (AP Photo/Carlos Osorio)
December 08, 2018 - 8:21 am
DETROIT (AP) — General Motors' planned shutdown of its Detroit-Hamtramck plant would leave only one auto assembly factory in the city known for "putting America on wheels," but the closure and job losses are not expected to stall-out Detroit's comeback since its 2014 bankruptcy exit. Experts say a...
Read More
FILE - In this March 15, 2017, file photo, a sign marks a pick up point for the Uber car service at LaGuardia Airport in New York. Ride-hailing giant Uber has filed confidential preliminary paperwork for selling stock to the public. That's according to a report late Friday, Dec. 7, 2018 in the Wall Street Journal. (AP Photo/Seth Wenig, File)
December 07, 2018 - 8:18 pm
SAN FRANCISCO (AP) — Ride-hailing giant Uber has filed confidential preliminary paperwork for selling stock to the public. That's according to a report late Friday in the Wall Street Journal. Citing people familiar with the matter whom it did not identify, the Journal says San Francisco-based Uber...
Read More
People walk past a Huawei retail shop in Beijing Thursday, Dec. 6, 2018. China on Thursday demanded Canada release a Huawei Technologies executive who was arrested in a case that adds to technology tensions with Washington and threatens to complicate trade talks. (AP Photo/Ng Han Guan)
December 07, 2018 - 6:26 pm
WASHINGTON (AP) — The Latest on the arrest of an executive of Chinese telecoms equipment maker Huawei Technologies (all times local): 7:20 p.m. A Chinese executive will spend the weekend in jail after a Canadian judge said he needs to weigh her proposed bail conditions. Meng Wanzhou's lawyer also...
Read More

Pages