Corporate news

FILE--In this Aug. 1, 2018, file photo, Cody Wilson, with Defense Distributed, holds a 3D-printed gun called the Liberator at his shop in Austin, Texas. Eleven states have joined eight others and the District of Columbia in a federal lawsuit that seeks to block a settlement the Trump administration reached with a company that wants to post online plans to make 3D firearms on a printer. (AP Photo/Eric Gay)
August 03, 2018 - 3:36 pm
SEATTLE (AP) — More states are suing the Trump administration to dissolve a settlement it reached with a company that wants to post instructions online for making 3D-printed firearms that are hard to trace and detect. Attorneys general from 19 states, plus the District of Columbia, filed an amended...
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Specialist Robert Nelson, right, and trader Gregory Rowe, left, work on the floor of the New York Stock Exchange, Friday, Aug. 3, 2018. U.S. stocks are mostly higher Friday morning after the Labor Department said hiring remained solid in July. (AP Photo/Richard Drew)
August 03, 2018 - 3:35 pm
NEW YORK (AP) — U.S. stocks rose Friday after the Labor Department said hiring remained solid in July and strong quarterly earnings continued to boost the market. U.S. employers added 157,000 jobs last month, fewer than analysts expected. But the Labor Department said more jobs were added in May...
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This image from the website of Allied Wallet CEO Ahmad "Andy" Khawaja shows Khawaja posing with President Donald Trump in the Oval Office of the White House in Washington. Khawaja gave more than $4 million to Hillary Clinton's failed presidential campaign and other Democrats, then began extending his largesse to Republicans after a lunch with GOP fundraiser Elliott Broidy two weeks after Trump clinched the presidency. Records obtained by The Associated Press show that Khawaja has helped pornographers, payday loan debt collectors and offshore gambling operations get past the gates of the banking system.(Andy Khawaja via AP)
August 03, 2018 - 1:22 pm
NEW YORK (AP) — Federal authorities looking into the illegal sale of prescription drugs online are probing the business practices of payment processor Allied Wallet, according to a person with direct knowledge of the case. Allied Wallet's CEO has donated millions of dollars to both political...
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FILE - In this file photo dated Friday, March 30, 2018, bottles of Heineken beer are photographed in Washington, USA. Dutch brewing company Heineken said in a statement Friday Aug, 3, 2018, it is buying a 40 percent stake in the company that controls China’s biggest beer maker, China Resources Beer.(AP Photo/J. David Ake, FILE)
August 03, 2018 - 8:02 am
BRUSSELS (AP) — Heineken, the world's second-largest brewer, has struck a deal to expand in China, the world's biggest beer market. Heineken said Friday it is buying a 40 percent stake in the company that controls China's biggest beer maker, China Resources Beer. It will invest $3.1 billion for the...
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August 03, 2018 - 3:33 am
LONDON (AP) — The Royal Bank of Scotland has announced a fall in second-quarter profit after being hit by a big charge from U.S. authorities over past misdeeds. But the bank says it is putting its troubled past behind it and will pay its first dividend to shareholders in a decade. RBS, which...
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A visitor walks through a Toyota showroom in Tokyo Friday, Aug. 3, 2018. Toyota Motor Corp. has reported its quarterly profit climbed 7.2 percent, helped by strong sales in the U.S. and other overseas markets. (AP Photo/Eugene Hoshiko)
August 03, 2018 - 1:02 am
TOKYO (AP) — Toyota Motor Corp. has reported its quarterly profit climbed 7.2 percent, helped by strong sales in the U.S. and other overseas markets. The maker of the Camry sedan, Prius hybrid and Lexus luxury models said Friday that its April-June net profit was 657.3 billion yen ($5.9 billion),...
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FILE - In this Sept. 1, 2017, file photo, smoke rises from the Arkema Inc. owned chemical plant in Crosby, near Houston, Texas. An internal EPA watchdog is reviewing whether federal and state officials kept the public appropriately informed last year about potential air quality threats after Hurricane Harvey ravaged southeastern Texas. The office of EPA Inspector General Arthur Elkins issued notice Thursday of the audit, which will scrutinize the agency’s response following several high-profile accidents and spills following the historic storm, including the explosions and fire at the an Arkema Inc. chemical plant outside Houston. (KTRK via AP, File)
August 02, 2018 - 4:07 pm
WASHINGTON (AP) — An internal watchdog at the Environmental Protection Agency announced Thursday it will review whether federal and state officials kept the public appropriately informed last year about potential air quality threats after Hurricane Harvey ravaged southeastern Texas. The office of...
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FILE - In this April 24, 1984 file photo, Steve Jobs, left, chairman of Apple Computers, John Sculley, center, president and CEO, and Steve Wozniak, co-founder of Apple, unveil the new Apple IIc computer in San Francisco, Calif. Apple has become the world’s first company to be valued at $1 trillion, the financial fruit of tasteful technology that has redefined society since two mavericks named Steve started the company 42 years ago. (AP Photo/Sal Veder, File)
August 02, 2018 - 11:23 am
SAN FRANCISCO (AP) — Apple has become the world's first publicly traded company to be valued at $1 trillion. The milestone marks the triumph of stylish technology that has redefined what we expect from our gadgets ever since two mavericks named Steve started the company 42 years ago. The peak...
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FILE - In this Wednesday, March 21, 2018 file photo, the logo of German car manufacturer BMW is pictured at the headquarters in Munich, Germany. German carmaker BMW reports its second quarter earnings on Thursday, Aug. 2, 2018. (AP Photo/Matthias Schrader, file)
August 02, 2018 - 7:40 am
FRANKFURT, Germany (AP) — BMW's profit fell 6 percent in the second quarter as it spent more on developing new technologies for electric, autonomous and digitally connected automobiles, the luxury carmaker said Thursday. Net income came in at 2.08 billion euros ($2.42 billion), down from 2.22...
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FILE - In this Oct. 17, 2017, file photo, customers line up at a Taco Bell restaurant inside Miami International Airport in Miami. The parent company of KFC, Taco Bell and Pizza Hut reported second-quarter results that beat Wall Street’s view, but a key sales metric failed to meet expectations. Sales at Pizza Hut restaurants open at least a year dipped 1 percent. KFC and Taco Bell reported a 2 percent rise in the metric. (AP Photo/Wilfredo Lee, File)
August 02, 2018 - 7:40 am
LOUISVILLE, Ky. (AP) — The company that owns KFC, Taco Bell and Pizza Hut is reporting healthy second-quarter profits, though sales at existing stores could create some unease. Shares slipped more than 2 percent before the opening bell Thursday. Yum Brands Inc. posted earnings of $321 million, or...
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