Corporate news

FILE - In this Monday, July, 8, 2019 file photo, a Deutsche Bank sign is seen on the outside of their building in London. Deutsche Bank releases second-quarter earnings on Wednesday, July 24. (AP Photo/Natasha Livingstone, file)
July 24, 2019 - 1:14 am
FRANKFURT, Germany (AP) — Deutsche Bank says it lost 3.1 billion euros ($3.45 billion) in the second quarter as the bank booked heavy charges for its sweeping restructuring that will lead to the loss of 18,000 jobs. The bank said Wednesday that without the charges it would have made net profit of...
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FILE - In this Wednesday, May 22, 2019 file photo, Daimler CEO Dieter Zetsche poses prior to the annual shareholder meeting of the car manufacturer Daimler in Berlin, Germany. Automaker Daimler releases second-quarter earnings on Wednesday, July 24. (AP Photo/Michael Sohn, file)
July 24, 2019 - 12:58 am
FRANKFURT, Germany (AP) — Daimler AG, maker of Mercedes-Benz cars, says it lost 1.2 billion euros ($1.3 billion) in the second quarter as the company saw 4.2 billion euros in one-time charges for troubles with diesel cars and air bag recalls. The quarterly loss reported Wednesday was the company's...
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July 23, 2019 - 10:01 pm
SAN FRANCISCO (AP) — Insurance companies that say Pacific Gas & Electric owes them more than $20 billion from wildfire claims wants to take over the California utility and pull it out of bankruptcy. The group of insurers filed court documents Tuesday seeking to end PG&E's exclusive right to...
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FILE - This Friday, March 22, 2019, file photo shows the Department of Justice Building in Washington. The U.S. Department of Justice is opening a sweeping antitrust investigation of major technology companies and whether their online platforms have hurt competition, suppressed innovation or otherwise harmed consumers. (AP Photo/Manuel Balce Ceneta, File)
July 23, 2019 - 8:42 pm
WASHINGTON (AP) — The U.S. Department of Justice opened a sweeping antitrust investigation of major technology companies and whether their online platforms have hurt competition, suppressed innovation or otherwise harmed consumers. It said the probe will take into account "widespread concerns"...
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FILE - In this Nov. 6, 2017 file photo, a syringe with a dose of CBD oil is shown in a research laboratory in Fort Collins, Colo. CBD is a compound found in marijuana but doesn’t cause a high. On Tuesday, July 23, 2019, the Food and Drug Administration announced it has warned Curaleaf Inc., of Wakefield, Mass., for illegally selling unapproved CBD products. The agency says Curaleaf’s claims could lead people to delay medical care for serious conditions like cancer. (AP Photo/David Zalubowski, File)
July 23, 2019 - 6:12 pm
U.S. regulators warned a leading marijuana company for making unproven health claims about CBD, the trendy ingredient that's turning up in lotions, foods and pet treats. The Food and Drug Administration announced Tuesday it warned Curaleaf Inc., of Wakefield, Massachusetts, for illegally selling...
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Demonstrators stand in front of riot control units during clashes in San Juan, Puerto Rico, Monday, July 22, 2019. Protesters are demanding Gov. Ricardo Rossello step down following the leak of an offensive, obscenity-laden online chat between him and his advisers that triggered the crisis. (AP Photo / Carlos Giusti)
July 23, 2019 - 5:26 pm
SAN JUAN, Puerto Rico (AP) — A Puerto Rico judge issued search warrants for the cellphones of government officials involved in a crude online chat whose leak has set off a political crisis that threatens to bring down the U.S. territory's governor. One of the search warrants said that government...
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FILE - In this April 10, 2018, file photo Facebook CEO Mark Zuckerberg takes his seat to testify before a joint hearing of the Commerce and Judiciary Committees on Capitol Hill in Washington. The Washington Post reported on Tuesday, July 23, 2019, that the Federal Trade Commission will allege that Facebook misled users about its privacy practices as part of an expected settlement.(AP Photo/Alex Brandon, File)
July 23, 2019 - 5:20 pm
WASHINGTON (AP) — The Latest on U.S. regulation of technology companies (all times local): 6:15 p.m. A longtime digital advertising executive and antitrust expert says American consumers and news publishers need competitive tech markets. Dina Srinivasan spoke Tuesday after the Department of Justice...
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July 23, 2019 - 4:14 pm
MADISON, Wis. (AP) — Members of a Native American tribe in Wisconsin filed a federal lawsuit Tuesday in hopes of forcing Enbridge Inc. to remove sections of a major pipeline that runs across their reservation, arguing it's becoming more likely the aging line will rupture and cause catastrophic...
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FILE - In this Dec. 18, 2018 file photo, then-California Gov. Jerry Brown discusses his time in the state's highest office during an interview with The Associated Press in Sacramento, Calif. Current and former governors, a U.S. senator and other notable figures are helping to create a new nonpartisan effort aimed at reforming the criminal justice system. Former California Gov. Jerry Brown, a Democrat, and Kentucky Gov. Matt Bevin, a Republican, are among 25 trustees of the Council on Criminal Justice. The council formally launched on Tuesday, July 23, 2019. Its goal is to make recommendations that can win bipartisan support. (AP Photo/Rich Pedroncelli, File)
July 23, 2019 - 3:32 pm
SACRAMENTO, Calif. (AP) — A criminal justice reform group that launched Tuesday has brought together Democratic and Republican governors, a Black Lives Matter organizer and a Koch Industries executive in an unlikely collaboration focusing on finding solutions to problems like racial disparity and...
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In this Nov. 30, 2017 photo, Todd Carmichael, chief executive and co-founder of Philadelphia-based La Colombe Coffee, speaks to me media in Philadelphia. The president of a Pennsylvania school board whose district had warned parents behind on school lunch bills that their children could end up in foster care has rejected Carmichael's offer to cover the cost, the businessman said Tuesday, July 23, 2019.( AP Photo/Matt Rourke)
July 23, 2019 - 2:56 pm
The president of a Pennsylvania school board whose district had warned parents behind on school lunch bills that their children could end up in foster care has rejected a CEO's offer to cover the cost, the businessman said Tuesday. Todd Carmichael, chief executive and co-founder of Philadelphia-...
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