Corporate news

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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Ukrainian President Volodymyr Zelenskiy speaks to soldiers during his visit to military base outside Kyiv, Ukraine, Monday, Sept. 30, 2019. Ukraine's president says to media his country won't be pressured into opening an investigation into Democratic presidential candidate Joe Biden and his son. (Ukrainian Presidential Press Office via AP)
October 04, 2019 - 7:37 am
ZHYTOMYR, Ukraine (AP) — Ukraine’s Prosecutor General said on Friday that his office is reviewing all the cases that were closed by his predecessors, including several related to the owner of a gas company where former Vice President Joe Biden’s son sat on the board. Ruslan Ryaboshapka’s comments...
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FILE - This Jan. 31, 2019, file photo, shows the logo of Samsung Electronics Co. at its shop in Seoul, South Korea. Samsung said in an emailed statement Friday, Oct. 4, 2019, that it "has arrived at the difficult decision to cease operations of Samsung Electronics Huizhou" in China in late September. (AP Photo/Lee Jin-man, File)
October 04, 2019 - 3:30 am
SEOUL, South Korea (AP) — Samsung Electronics said Friday it has ended the production of smartphones in its last factory in China. Production at the factory in southern China’s Huizhou ended last month, the company said in an email Friday. It said it made “the difficult decision to cease operations...
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October 03, 2019 - 7:43 pm
SAN FRANCISCO (AP) — HP Inc.’s new CEO has unveiled the company’s latest plan to streamline its operations — one that envisions cutting its workforce by as much as 16% over the next three years. The personal computer and printer maker says it expects to drop 7,000 to 9,000 people from its global...
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FILE - This May 6, 2013 file photo shows a wind turbine farm owned by PacifiCorp near Glenrock, Wyo. Western U.S. electrical utility PacifiCorp plans to move faster away from coal-fired power while getting more juice from the sun and wind, the company announced Thursday, Oct. 3, 2019. (AP Photo/Matt Young,File)
October 03, 2019 - 4:59 pm
CHEYENNE, Wyo. (AP) — A major Western utility said Thursday it plans to speed up its move away from coal-fired power and get more juice from the sun and wind. Citing financial incentives, Portland, Oregon-based PacifiCorp said it wants to reduce coal-fired generation by two-thirds by 2030 while...
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