Corporate news

FILE - In this Oct. 8, 2019, file photo specialist Brian Fairbrother, left, and trader Philip Powers work on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Thursday, Oct. 17. (AP Photo/Richard Drew, File)
October 17, 2019 - 4:23 pm
Stocks closed broadly higher on Wall Street Thursday as investors welcomed another batch of encouraging quarterly results from big companies. A breakthrough in negotiations over Britain's exit from the European Union also helped put traders in a buying mood. The gains erased the market's modest...
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FILE - In this July 30, 2013, file photo, large banners hang in an atrium at the headquarters of Johnson & Johnson in New Brunswick, N.J. Johnson & Johnson has agreed to a $117 million multistate settlement over allegations it deceptively marketed its pelvic mesh products, which support women's sagging pelvic organs. (AP Photo/Mel Evans, File)
October 17, 2019 - 3:17 pm
TRENTON, N.J. (AP) — Johnson & Johnson has agreed to a $117 million multistate settlement over allegations it deceptively marketed its pelvic mesh products, which support women's sagging pelvic organs. Ohio's attorney general said Thursday an investigation found that J&J, the world's...
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A sign is displayed at the Cardinal Health, Inc. corporate office Wednesday, Oct. 16, 2019, in Dublin, Ohio. Shares of big drug distributors soared Wednesday on word of a potential settlement ahead of the first federal trial over the opioid crisis. Two people with knowledge of the negotiations, which have lasted months, confirmed to The Associated Press that McKesson Corp., AmerisourceBergen Corp., and Cardinal Health, Inc., have offered $18 billion over 18 years to settle more than 2,000 lawsuits across the country. (AP Photo/Darron Cummings)
October 17, 2019 - 12:43 pm
CLEVELAND (AP) — A jury was seated Thursday for the first federal trial on the opioid crisis, but the push to settle the case before opening arguments next week continued, with company officials expected to gather for further talks. U.S District Judge Dan Polster had ordered executives for the...
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Winemakers taste rose in the production facility of the Chateau Sainte Roseline in the southern France region of Provence Friday Oct. 11, 2019. European producers of premium specialty agricultural products like French wine, Italian Parmesan and Spanish olives are facing Friday’s U.S. tariff hike with a mix of trepidation and indignation at being dragged into a trade war over the fiercely competitive aerospace industry.(AP Photo/Daniel Cole)
October 17, 2019 - 11:25 am
MILAN (AP) — European producers of specialty agricultural products like French wine, Italian Parmesan and Spanish olives are facing a U.S. tariff hike due Friday with a mix of trepidation and indignation at being dragged into a trade war they feel they have little to do with. The tariffs on $7.5...
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FILE - In this Sept. 13, 2019, file photo the logo for Union Pacific appears above a trading post on the floor of the New York Stock Exchange. Union Pacific Corp. reports financial results Thursday, Oct. 17. (AP Photo/Richard Drew, File)
October 17, 2019 - 10:45 am
OMAHA, Neb. (AP) — The slowing economy and ongoing trade disputes are dragging railroad profits down in the second half of the year. Two railroads, Union Pacific and CSX, have reported declining profit and revenue this week as they hauled less grain, imported goods and other products. Union Pacific...
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Michael McKinley, a former top aide to Secretary of State Mike Pompeo, right, arrives on Capitol Hill in Washington, Wednesday, Oct. 16, 2019, to testify before congressional lawmakers as part of the House impeachment inquiry into President Donald Trump. (AP Photo/Andrew Harnik)
The Associated Press
October 17, 2019 - 2:34 am
WASHINGTON (AP) — A former top State Department aide testified in the impeachment inquiry that the Trump administration's politicization of foreign policy contributed to his resignation, while the Senate GOP leader briefed colleagues on a possible Christmas impeachment trial. The day's events,...
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Ryan Piper with the United Auto Workers continues to picket after news of a tentative contract agreement with General Motors, in Langhorne, Pa., Wednesday, Oct. 16, 2019. Bargainers for General Motors and the United Auto Workers reached a tentative contract deal on Wednesday that could end a monthlong strike that brought the company's U.S. factories to a standstill. (AP Photo/Matt Rourke)
October 16, 2019 - 10:17 pm
DETROIT (AP) — On the picket lines at a General Motors transmission plant in Toledo, Ohio, passing cars honked and striking workers celebrated a tentative contract deal by munching on 10 pizzas dropped off by a supporter. They had carried signs for 31 days and demonstrated the muscle the United...
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FILE - In tjhis Aug. 2017 file photo then Veterans Affairs Secretary David Shulkin speaks during a press briefing in Bridgewater, N.J. The book by former VA Secretary David Shulkin, obtained by The Associated Press, describes a March 6, 2017, conversation in the Oval Office where the president explored ways in which the administration could act quickly in shuttering the government-run VA medical centers that he viewed as poorly performing. (AP Photo/Pablo Martinez Monsivais)
October 16, 2019 - 9:52 pm
WASHINGTON (AP) — Eager for changes at the Department of Veterans Affairs, President Donald Trump toyed early on with issuing an executive order to close parts of the VA health system without consulting Congress, according to an upcoming book by his former VA secretary. In the book, obtained by The...
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Michael McKinley, right, the top aide to Secretary of State Mike Pompeo, arrives for a joint interview with the House Committee on Foreign Affairs, House Permanent Select Committee on Intelligence, and House Committee on Oversight and Reform on Capitol Hill in Washington, Wednesday, Oct. 16, 2019. (AP Photo/Susan Walsh)
The Associated Press
October 16, 2019 - 8:56 pm
WASHINGTON (AP) — The swift-moving impeachment probe pushed onward Wednesday as a former top State Department aide testified that the Trump administration's politicization of foreign policy contributed to his resignation, while the Senate GOP leader briefed colleagues on a possible Christmas...
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A firefighter walks near the entrance to NuStar Energy fuel storage facility Wednesday, Oct. 16, 2019 after a Tuesday fire in Crockett, Calif. Officials were trying to determine Wednesday if a 4.5 magnitude earthquake triggered an explosion at a fuel storage facility in the San Francisco Bay Area that started a fire and trapped thousands in their homes for hours because of potentially unhealthy air. (AP Photo/Jeff Chiu)
October 16, 2019 - 7:20 pm
SAN FRANCISCO (AP) — Officials were trying to determine Wednesday if a 4.5 magnitude earthquake triggered an explosion at a fuel storage facility in the San Francisco Bay Area that started a fire and kept thousands of people in their homes for hours because of potentially unhealthy air. The...
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