Corporate news

July 25, 2018 - 4:27 am
FRANKFURT, Germany (AP) — Germany's struggling Deutsche Bank said Wednesday that its net profit fell less than expected in the second quarter as it was making quick progress in cutting costs and reshaping its business model after three straight years of losses. Net profit fell to 401 million euros...
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In this Wednesday, July 11, 2018, photo, Ben Kovler, CEO, Green Thumb Industries poses for a portrait at the company's office in Chicago. Green Thumb Industries had a business plan, expertise and plenty of ambition, but didn’t have access to enough capital to grow its marijuana business. Last month, the company with $20 million in revenue from pot shops in seven states turned its gaze north and went public in Canada, where marijuana soon will be broadly legalized nationwide. (AP Photo/Charles Rex Arbogast)
July 25, 2018 - 2:31 am
PORTLAND, Ore. (AP) — U.S.-based marijuana businesses are lining up to list on the Canadian Securities Exchange to tap into financing from institutional investors put off by the U.S. ban on pot. Bastions of America's marijuana industry like MedMen, Green Thumb Industries, Acreage Holdings and Canna...
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Investors monitor stock prices at a brokerage in Beijing, China, Wednesday, July 25, 2018. Asian stock markets were mostly higher Wednesday after Wall Street gained on strong corporate earnings. (AP Photo/Ng Han Guan)
July 25, 2018 - 12:46 am
BEIJING (AP) — Asian stock markets rose Wednesday after Wall Street gained on strong corporate earnings amid U.S.-Chinese trade tensions. KEEPING SCORE: Tokyo's Nikkei 225 index gained 0.4 percent to 22,598.47 and the Shanghai Composite Index added 0.1 percent to 2,908.14. Hong Kong's Hang Seng...
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July 24, 2018 - 9:14 pm
JEFFERSON CITY, Mo. (AP) — Democratic U.S. Sen. Claire McCaskill announced Tuesday that she wants to enshrine into law federal recommendations to improve duck boat safety such as getting rid of canopies that can trap passengers if the vehicles sink, a move that comes after a deadly accident in...
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FILE - In a Thursday, July 19, 2018 file photo, Ivanka Trump, the daughter of President Donald Trump, applauds during a signing ceremony where President Donald Trump signed an Executive Order that establishes a National Council for the American Worker in the East Room of the White House, in Washington. Ivanka Trump’s clothing company is shutting down and all its employees are being laid off, according to news reports. The New York Post is reporting that its sources say the company “will be shuttered ‘ASAP’ and that staff have been informed that they’re being laid off.”(AP Photo/Andrew Harnik, File)
July 24, 2018 - 8:05 pm
NEW YORK (AP) — Ivanka Trump is shutting down her fashion line of dresses, shoes and handbags that became a target of political boycotts and spurred concerns about conflicts of interest after her father was elected. The president's daughter said in a statement she made the decision so she could...
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Trader Gordon Charlop works on the floor of the New York Stock Exchange, Tuesday, July 24, 2018. Stocks are opening broadly higher on Wall Street as investors were pleased to see strong earnings reports from a number of U.S. companies. (AP Photo/Richard Drew)
July 24, 2018 - 2:38 pm
U.S. stock indexes were mostly higher Tuesday afternoon as investors welcomed some strong corporate earnings reports. Gains in health care and technology companies outweighed losses by consumer goods manufacturers, utilities and other sectors. Small-company stocks fell. KEEPING SCORE: The S&P...
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July 24, 2018 - 8:22 am
HONG KONG (AP) — The state-owned monopoly that operates China's vast network of mobile phone towers plans to raise up to $8.7 billion in the biggest global stock offering in four years. China Tower Corp. said Tuesday it plans to use 60 percent of the money for investment in its operations and gave...
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FILE - In this Jan. 14, 2015, file photo, movie director James Cameron talks to reporters at an event in Wellington, New Zealand. Filmmaker Cameron is backing a bid announced Tuesday July 24, 2018, by a group of British museums to raise US dollars 20 million (15 million pounds) to buy 5,500 Titanic artefacts from the private American company that salvaged them from the wreck of the passenger liner RMS Titanic.(AP Photo/Nick Perry, File)
July 24, 2018 - 6:38 am
LONDON (AP) — Filmmaker James Cameron and Titanic discoverer Robert Ballard are backing a bid by a group of British museums to acquire a collection of 5,500 artifacts from the sunken vessel. The campaign announced Tuesday aims to raise $20 million (15 million pounds) to buy the items from a private...
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Jason McMillan, 36, of Riverside, a Riverside County Sheriff's deputy who was shot and paralyzed in the Oct, 1, 2017, Las Vegas shooting, reacts as he talks about that evening and is upset MGM's decision, during a personal account brought together by attorneys at a news conference in Newport Beach, Calif., Monday, July 23, 2018. Behind McMillan are images of the shooting victims of the October 1, 2017 shooting. Victims of the fatal mass shooting at a Las Vegas country music festival are outraged they are being sued by MGM, which owns the hotel where the gunman opened fire. (AP Photo/Alex Gallardo)
July 23, 2018 - 8:31 pm
NEWPORT BEACH, Calif. (AP) — Victims of a mass shooting at a Las Vegas country music festival said Monday they were outraged when they learned they were being sued by the company that owns the hotel where the gunman opened fire. Jason McMillan, a 36-year-old Riverside County sheriff's deputy who...
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FILE - In this July 25, 2017, file photo, Alphabet stock is shown on a screen at the Nasdaq MarketSite in New York. Shares in Google parent Alphabet jumped in after-hours trading Monday, July 23, 2018, as the company's second-quarter results exceeded Wall Street forecasts after taking into account a $5 billion charge levied by European regulators. (AP Photo/Mark Lennihan, File)
July 23, 2018 - 6:01 pm
MENLO PARK, Calif. (AP) — Google parent Alphabet on Monday reported second-quarter earnings that pleased Wall Street, even as it booked a $5.1 billion charge to cover a fine levied by European regulators. The company reported a profit of $3.2 billion for the three months that ended June 30. Google...
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