Corporate news

Visitors are silhouetted at Samsung Electronics shop in Seoul, South Korea, Friday, July 5, 2019. Samsung Electronics Co. said Friday its operating profit for the last quarter likely fell more than 56% from a year earlier amid a weak market for memory chips. (AP Photo/Ahn Young-joon)
July 05, 2019 - 2:10 am
SEOUL, South Korea (AP) — Samsung Electronics Co. said Friday its operating profit for the last quarter likely fell more than 56% from a year earlier amid a weak market for memory chips. The South Korean tech giant estimated an operating profit of 6.5 trillion won ($5.5 billion) for the April-June...
Read More
July 03, 2019 - 11:32 pm
BEIJING (AP) — A tornado blew through a city in northeast China, damaging factories and buildings, killing six people and injuring another 190, state media reported Thursday. The tornado hit Kaiyuan, a county-level city in Liaoning province, late Wednesday afternoon, local authorities said in a...
Read More
FILE - In this March 28, 1990, file photo, Chrysler Corporation Chairman Lee Iacocca sits in a 1990 Dodge Viper sports car as the Chrysler in the 90's six city tour makes a visit to New York. Former Chrysler CEO Iacocca, who became a folk hero for rescuing the company in the '80s, has died, former colleagues said Tuesday, July 2, 2019. He was 94. (AP Photo/Osamu Honda, File)
July 03, 2019 - 5:08 am
DETROIT (AP) — Lee Iacocca, the auto executive and master pitchman who put the Mustang in Ford's lineup in the 1960s and became a corporate folk hero when he resurrected Chrysler 20 years later, has died in Bel Air, California. He was 94. Two former Chrysler executives who worked with him, Bud...
Read More
This undated product image obtained by the Associated Press shows Nike Air Max 1 Quick Strike Fourth of July shoes that have a U.S. flag with 13 white stars in a circle on it, known as the Betsy Ross flag, on them. Nike is pulling the flag-themed tennis shoe after former NFL quarterback Colin Kaepernick complained to the shoemaker, according to the Wall Street Journal. (Nike via AP Photo)
July 02, 2019 - 9:32 pm
NEW YORK (AP) — Nike's sales have only grown since it seized attention with its ad campaign featuring former NFL quarterback Colin Kaepernick. So, the shoemaker deferred to its star endorser when he raised concerns over a sneaker featuring an early American flag. Nike pulled the Air Max 1 USA shoe...
Read More
July 02, 2019 - 2:55 pm
CHARLESTON, W.Va. (AP) — The CEO of one of the nation's largest coal producers says he's confident the company will bounce back despite the shutdown of several mines after it filed for federal bankruptcy protection. Milton-based Blackjewel LLC filed for Chapter 11 bankruptcy protection Monday in U...
Read More
July 02, 2019 - 10:12 am
JACKSON, Miss. (AP) — A federal lawsuit says Mississippi is violating free-speech rights by banning makers of plant-based foods from using terms such as "meatless meatballs" and "vegan bacon." The lawsuit against Mississippi Republican Gov. Phil Bryant and the state's Republican agriculture...
Read More
FILE - In this Jan. 10, 2015, file photo, Penn head coach Jerome Allen shouts instructions to his players during the second half of an NCAA college basketball game against Princeton in Princeton, N.J. The former Penn coach, now an assistant coach in the NBA with the Boston Celtics, has been sentenced to probation and ordered to pay a fine for accepting $300,000 in bribes to get a wealthy Florida businessman’s son into the University of Pennsylvania. In addition to four years’ probation, the 47-year-old Allen must pay a $202,000 fine and forfeit another $18,000. (AP Photo/Mel Evans, File)
July 02, 2019 - 10:12 am
MIAMI (AP) — A Boston Celtics assistant coach has been sentenced to probation and ordered to pay a fine for accepting $300,000 in bribes to get a wealthy Florida businessman's son into the University of Pennsylvania. Court records show a federal judge imposed the sentence Monday on Jerome Allen,...
Read More
FILE - In this May 10, 2012 file photo, a model poses with a 55-inch Samsung OLED, or organic light-emitting diode, TV during a press conference in Seoul, South Korea. Japan is imposing restrictions on exports to South Korea, citing a decline in "relations of international trust" between the Asian neighbors. South Korea’s Samsung Electronics, the world’s biggest maker of memory chips and smartphones and a major producer of display panels, said it’s assessing how the Japanese import restrictions could possibly influence its business. (AP Photo/Ahn Young-joon, File)
July 01, 2019 - 3:15 am
TOKYO (AP) — Japan is imposing restrictions on exports to South Korea, citing a decline in "relations of international trust" between the Asian neighbors. The Ministry of Economy, Trade and Industry said a review soliciting public comments starts Monday on the move to effectively remove South Korea...
Read More
Democratic presidential candidate former Housing and Urban Development Secretary Julian Castro gestures during a Democratic primary debate hosted by NBC News at the Adrienne Arsht Center for the Performing Arts, Wednesday, June 26, 2019, in Miami. (AP Photo/Wilfredo Lee)
July 01, 2019 - 2:33 am
MIAMI (AP) — The largest presidential field in modern Democratic politics could quickly shrink as more than half of the contenders are in real danger of failing to meet tougher requirements to participate in the fall round of debates. Short on support and money and bound by tough party rules, once...
Read More
FILE - This March 29, 2018 file photo shows the Facebook logo on screens at the Nasdaq MarketSite in New York's Times Square. Facebook says it plans to make advertisements for U.S. jobs and credit products searchable for all users. The databases expand on a legal settlement reached in March over discrimination blamed on Facebook’s highly customized ad-targeting. An internal civil rights report Facebook published Sunday, June 30, 2019 says that database will be ready by year’s end. (AP Photo/Richard Drew, File)
June 30, 2019 - 10:15 pm
BOSTON (AP) — Facebook says it will make advertisements for jobs, loans and credit card offers searchable for all U.S. users following a legal settlement designed to eliminate discrimination on its platform. The plan disclosed in an internal report Sunday voluntarily expands on a commitment the...
Read More

Pages