Corporate news

FILE - In this Sept. 12, 2019, file photo, cars pass Purdue Pharma headquarters in Stamford, Conn. Local government lawsuits against the family that owns Purdue Pharma should be allowed to proceed even as the company attempts to reach a nationwide settlement in bankruptcy court over the toll of the opioids crisis, according to a court filing on Wednesday, Oct. 2, 2019. (AP Photo/Frank Franklin II, File)
October 08, 2019 - 3:19 pm
Arizona's attorney general is having misgivings about agreeing to Purdue Pharma's proposal to settle litigation over the opioid crisis. Attorney General Mark Brnovich, a Republican, said in a court filing late Monday that the OxyContin maker has "sought to undermine material terms of the deal." He...
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In this Wednesday Aug. 28, 2019 photo, emergency room physician, Dr. Anna Nguyen uses her smartphone to communicate with a remote patient from her Sacramento, Calif., home. The medical industry is seeing a growing form of care where doctors diagnose, treat and prescribe through secure text messages. (AP Photo/Randall Benton)
October 08, 2019 - 9:28 am
SACRAMENTO, Calif. (AP) — Dr. Anna Nguyen spoke with none of the five patients she treated on a recent weekday morning. She didn't even leave her dining room. The emergency physician nevertheless helped a pregnant Ohio woman handle hip pain, examined a Michigan man's sore throat and texted a mom...
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In this April 16, 2019, photo, Nissan Motor Co.'s Senior Vice President Makoto Uchida speaks to the media at Shanghai International Motor Show in Shanghai, China. Japanese automaker Nissan Motor Co. announced Tuesday, Oct. 8, 2019, that its board has named the head of its China business, Uchida, to be its new CEO.(Kyodo News via AP)
October 08, 2019 - 7:30 am
TOKYO (AP) — Nissan tapped the head of its China business, Makoto Uchida, as its new president and chief executive, replacing Hiroto Saikawa, who resigned after acknowledging receiving dubious income. Nissan Motor Co. has been reeling in a leadership crisis amid sinking profitability since the...
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October 07, 2019 - 10:04 pm
HONG KONG (AP) — The Hong Kong stock exchange on Tuesday formally dropped its bid to buy its London counterpart after the European exchange rejected the surprise offer. Hong Kong Exchanges and Clearing Ltd. said it was "unable to engage" with managers of the London Stock Exchange Group. That...
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October 07, 2019 - 8:08 pm
LOS ANGELES (AP) — The Los Angeles Opera has announced that the company's president and CEO, Christopher Koelsch, will take over the duties of Placido Domingo, who resigned last week as general director amid allegations of sexual harassment. LA Opera's board of directors said in a statement Monday...
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FILE - In this Sept. 6, 2019, file photo, Energy Secretary Rick Perry speaks at the California GOP fall convention in Indian Wells, Calif. Perry pushed Ukraine’s president earlier in 2019 to replace members of a key supervisory board at Naftogaz, a massive state-owned petroleum company. (AP Photo/Chris Carlson, File)
October 07, 2019 - 4:52 pm
KYIV, Ukraine (AP) — As Rudy Giuliani was pushing Ukrainian officials last spring to investigate one of Donald Trump's main political rivals, a group of individuals with ties to the president and his personal lawyer were also active in the former Soviet republic. Their aims were profit, not...
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John Kirk, right, a 20-year-employee, pickets with co-workers outside the General Motors Fabrication Division, Friday, Oct. 4, 2019, in Parma, Ohio. (AP Photo/Tony Dejak)
October 07, 2019 - 1:24 pm
DETROIT (AP) — The Latest on the strike by General Motors workers (all times local): 2 p.m. Michigan Gov. Gretchen Whitmer says she's concerned about the growing impact of the United Auto Workers union's strike against General Motors. Whitmer visited workers on the picket lines at a GM plant near...
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Specialists Mario Picone, left, and Anthony Rinaldi work on the floor of the New York Stock Exchange, Monday, Oct. 7, 2019. Stocks are opening broadly lower on Wall Street, extending the market's losing streak into a fourth week. (AP Photo/Richard Drew)
October 07, 2019 - 1:07 pm
Stocks veered modestly higher on Wall Street Monday afternoon following a choppy day of trading that had the market on track to recoup some of its losses from last week. Communication services stocks, technology companies and banks drove much of the gains, offsetting losses in consumer product...
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FILE - In this Feb. 20, 2014, file photo, a patron exhales vapor from an e-cigarette at a store in New York. Only two years ago e-cigarettes were viewed as holding great potential for public health: offering a way to wean smokers off traditional cigarettes. But now Juul and other vaping companies face an escalating backlash that threatens to sweep their products off the market. (AP Photo/Frank Franklin II, File)
October 05, 2019 - 10:36 am
WASHINGTON (AP) — Only two years ago, electronic cigarettes were viewed as a small industry with big potential to improve public health by offering a path to steer millions of smokers away from deadly cigarettes. That promise led U.S. regulators to take a hands-off approach to e-cigarette makers,...
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FILE - In this Sept. 12, 2019, file photo, cars pass Purdue Pharma headquarters in Stamford, Conn. How much members of the Sackler family should be held accountable for the role their company, Purdue Pharma, played in the nation’s opioid crisis will be at the center of a hearing in federal bankruptcy court. State attorneys general who are pressing separate state claims against the Sacklers want their cases to continue even as Purdue’s bankruptcy case plays out. They will make that argument on Friday, Oct. 11, 2019 before a bankruptcy judge in White Plains, New York. (AP Photo/Frank Franklin II, File)
October 04, 2019 - 4:26 pm
Attorneys general representing nearly half the states and lawyers for more than 500 local governments on Friday blasted the terms of Purdue Pharma's offer to settle thousands of lawsuits over the nation's opioid crisis in court filings that also said the company had funneled up to $13 billion to...
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