Corporate news

Assemblyman Chris Holden, D-Pasadena, center, shakes hands with Assemblyman Chad Mayes, R-Yucca Valley, after their wildfire measure they co-authored, along with Assemblywoman Autumn Burke, D-Inglewood was approved by the Assembly in Sacramento, Calif., Thursday, July 11, 2019. The bill, AB1054, aimed at stabilizing the state's electric utilities in the face of devastating wildfires caused by their equipment, was approved overwhelmingly and now goes to the governor. At left is state Sen. Bill Dodd, D-Napa, who carried the measure in the Senate. (AP Photo/Rich Pedroncelli)
July 11, 2019 - 5:50 pm
SACRAMENTO, Calif. (AP) — California lawmakers approved a multibillion-dollar plan Thursday to shore up the state's biggest electric utilities in the face of catastrophic wildfires and claims for damage from past blazes caused by their equipment. It requires major utilities to spend at least $5...
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President Donald Trump speaks during the "Presidential Social Media Summit" in the East Room of the White House, Thursday, July 11, 2019, in Washington. (AP Photo/Evan Vucci)
July 11, 2019 - 5:46 pm
WASHINGTON (AP) — President Donald Trump used a White House conference Thursday to applaud far-right social media provocateurs even as he conceded that some of them are extreme in their views. Trump, who has weaponized social media to eviscerate opponents and promote himself, led a "social media...
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July 11, 2019 - 4:44 pm
WASHINGTON (AP) — A software engineer is accused of stealing trade secrets from the Illinois locomotive company he once worked for and taking the information with him to China, federal prosecutors said Thursday. The Justice Department unsealed an indictment charging Xudong Yao, also known as...
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FILE - In this July 5, 2019, file photo trader Benjamin Tuchman works at the New York Stock Exchange in New York. The U.S. stock market opens at 9:30 a.m. EDT on Thursday, July 11. (AP Photo/Mark Lennihan, File)
July 11, 2019 - 1:35 pm
An early rally on Wall Street that sent the Dow Jones Industrial Average above 27,000 for the first time lost much of its momentum Thursday afternoon. The S&P 500 edged lower, erasing the gains that had briefly propelled the benchmark index above 3,000 for the second day in a row. The Nasdaq...
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FILE - In this June 18, 2019, file photo specialist Dilip Patel works at his post on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Wednesday, July 10. (AP Photo/Richard Drew, File)
July 10, 2019 - 3:49 pm
Stocks finished higher Wednesday as Wall Street welcomed new signals suggesting the Federal Reserve is ready to cut interest rates for the first time in a decade. Technology stocks drove much of the gains, nudging the Nasdaq composite to an all-time high. The benchmark S&P 500 index briefly...
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This Tuesday, July 9, 2019 video frame grab shows an aerial view of Little Saint James Island, in the U. S. Virgin Islands, a property purchased by Jeffery Epstein more than two decades ago. Epstein built on the island a stone mansion with cream-colored walls and a bright turquoise roof surrounded by several other structures including the maids’ quarters and a massive, square-shaped white building on one end of the island. (AP Photo/Gianfranco Gaglione)
July 10, 2019 - 3:35 pm
CHARLOTTE AMALIE, U.S. Virgin Islands (AP) — Ask about Jeffrey Epstein on St. Thomas and rooms go quiet. Some people leave. Those who share stories speak in barely audible tones. The 66-year-old billionaire bought Little St. James Island off this U.S. Caribbean territory more than two decades ago...
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Ukrainian President Volodymyr Zelenskiy, foreground, visits the "new safe confinement" shelter that spans the remains of the Chernobyl nuclear power plant's Reactor No. 4, in Chernobyl, Ukraine, Wednesday, July 10, 2019. A structure built to confine radioactive dust from the nuclear reactor at the center of the 1986 Chernobyl disaster was formally unveiled on Wednesday.(Ukrainian Presidential Press Office via AP)
July 10, 2019 - 2:55 pm
KIEV, Ukraine (AP) — Ukraine's President Volodymyr Zelenskiy on Wednesday inaugurated a giant structure built to confine radioactive debris at the nuclear reactor that exploded in Chernobyl in 1986. The confinement structure for the Chernobyl nuclear power plant's Reactor No. 4 cost 1.5 billion...
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July 10, 2019 - 5:49 am
BEIJING (AP) — China says auto sales fell 7.8% in June amid a trade fight with Washington and slower economic growth, extending a year-old contraction that is squeezing automakers as they spend on developing electric cars. An industry group said Wednesday drivers in the global industry's biggest...
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FILE - In this Thursday, Oct. 30, 2014 file photo, a model dressing as Japanese character Hello Kitty waits for guests to pose for a souvenir photo at Sanrio Puroland, a theme park featuring Hello Kitty in Tokyo. European Union antitrust authorities have fined the Japanese company behind Hello Kitty for restricting cross-border sales of toys, mugs, bags and other products featuring the cartoon cat girl. The EU’s antitrust commissioner, Margrethe Vestager, said Sanrio was fined 6.2 million euros ($7 million) because the company violated the bloc’s competition rules. (AP Photo/Eugene Hoshiko, File)
July 09, 2019 - 10:02 pm
BRUSSELS (AP) — European Union authorities on Tuesday fined the Japanese company behind Hello Kitty for restricting cross-border online sales of toys, mugs, bags and other products featuring the cartoon cat girl. The EU's antitrust commissioner, Margrethe Vestager, said that Sanrio Co. was fined 6...
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FILE - In this April 21, 2017, file photo a collection of VW beetles car toys seen on Volkswagen Beetle displayed during the annual gathering of the "Beetle Club" in Yakum, central Israel. Volkswagen is halting production of the last version of its Beetle model in July 2019 at its plant in Puebla, Mexico, the end of the road for a vehicle that has symbolized many things over a history spanning eight decades since 1938. (AP Photo/Oded Balilty)
July 09, 2019 - 9:56 pm
FRANKFURT, Germany (AP) — Volkswagen is halting production of the last version of its Beetle model this week at its plant in Puebla, Mexico. It's the end of the road for a vehicle that has symbolized many things over a history spanning eight decades since 1938. It has been: a part of Germany's...
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