Corporate news

October 14, 2019 - 5:37 am
BEIJING (AP) — China's auto sales sank 6.3% in September from a year earlier and purchases of electric cars tumbled 34.2% at a time when the industry is spending heavily to meet government sales quotas for the technology, an industry group reported Monday. The global industry's biggest market is on...
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FILE - In this Jan. 30, 2010, file photo, Vice President Joe Biden, left, with his son Hunter, right, at the Duke Georgetown NCAA college basketball game in Washington. Since the early days of the United States, leading politicians have had to contend with awkward problems posed by their family members. Joe Biden is the latest prominent politician to navigate this tricky terrain. (AP Photo/Nick Wass, File)
October 14, 2019 - 5:35 am
NEW YORK (AP) — Facing intense scrutiny from President Donald Trump and his Republican allies, Hunter Biden says he will step down from the board of directors of a Chinese-backed private equity firm at the end of the month as part of a pledge not to work on behalf of any foreign-owned companies...
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FILE - In this Sept. 19, 2019 file photo, Democratic presidential candidate Sen. Bernie Sanders, I-Vt., speaks during the Climate Forum at Georgetown University in Washington. Bernie Sanders and Elizabeth Warren raked in more cash over the past three months than any of their Democratic rivals. (AP Photo/Jose Luis Magana)
October 14, 2019 - 5:01 am
WASHINGTON (AP) — Bernie Sanders has released a major proposal to "end corporate greed and corruption" by requiring large companies to give ownership stakes to their workers. The proposal also would ensure that many of the nation's most profitable firms pay more in federal taxes and government...
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FILE - In this July 10, 2018, file photo, President Donald Trump is joined by Gordon Sondland, the U.S. ambassador to the European Union, second from right, as he arrives at Melsbroek Air Base, in Brussels, Belgium. Sondland, wrapped up in a congressional impeachment inquiry, was a late convert to Trump, initially supporting another candidate in the Republican primary and once refusing to participate in a fundraiser on his behalf. (AP Photo/Pablo Martinez Monsivais, File)
October 14, 2019 - 2:21 am
WASHINGTON (AP) — A U.S. ambassador is expected to tell Congress that his text message reassuring another envoy that there was no quid pro quo in their interactions with Ukraine was based solely on what President Donald Trump told him, according to a person familiar with his coming testimony in the...
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FILE - In this Jan. 30, 2010, file photo, Vice President Joe Biden, left, with his son Hunter, right, at the Duke Georgetown NCAA college basketball game in Washington. Since the early days of the United States, leading politicians have had to contend with awkward problems posed by their family members. Joe Biden is the latest prominent politician to navigate this tricky terrain. (AP Photo/Nick Wass, File)
October 13, 2019 - 6:18 pm
WASHINGTON (AP) — The Latest on Hunter Biden, son of Democratic presidential candidate Joe Biden (all times local): 7 p.m. Joe Biden is laying out some ethical markers should he become president. He says that in a Biden White House, his family members would not be allowed to have any business...
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FILE - In this Jan. 30, 2010, file photo, Vice President Joe Biden, left, with his son Hunter, right, at the Duke Georgetown NCAA college basketball game in Washington. Since the early days of the United States, leading politicians have had to contend with awkward problems posed by their family members. Joe Biden is the latest prominent politician to navigate this tricky terrain. (AP Photo/Nick Wass, File)
October 13, 2019 - 5:35 pm
NEW YORK (AP) — Facing intense scrutiny from President Donald Trump and his Republican allies, Hunter Biden said Sunday he will step down from the board of directors of a Chinese-backed private equity firm at the end of the month as part of a pledge not to work on behalf of any foreign-owned...
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FILE - In this July 10, 2018, file photo, President Donald Trump is joined by Gordon Sondland, the U.S. ambassador to the European Union, second from right, as he arrives at Melsbroek Air Base, in Brussels, Belgium. Sondland, wrapped up in a congressional impeachment inquiry, was a late convert to Trump, initially supporting another candidate in the Republican primary and once refusing to participate in a fundraiser on his behalf. (AP Photo/Pablo Martinez Monsivais, File)
The Associated Press
October 13, 2019 - 4:46 pm
WASHINGTON (AP) — A U.S. ambassador is expected to tell Congress that his text message reassuring another envoy that there was no quid pro quo in their interactions with Ukraine was based solely on what President Donald Trump told him, according to a person familiar with his coming testimony in the...
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FILE - In this April 10, 2019 photo, a Boeing 737 MAX 8 airplane being built for India-based Jet Airways lands following a test flight at Boeing Field in Seattle. Boeing and the Federal Aviation Administration are both partly at fault for the failures of the 737 Max, the plane model involved in two fatal crashes, according to a new report. The New York Times said Friday, Oct. 11 that a multiagency task force found that Boeing didn’t appropriately explain the plane’s new automated system to regulators, and the FAA didn’t have the capability to effectively analyze much of what Boeing did share about the plane. (AP Photo/Ted S. Warren, File)
October 11, 2019 - 7:51 pm
A panel of international aviation regulators found that Boeing withheld key information about the 737 Max from pilots and regulators, and the Federal Aviation Administration lacked the expertise to understand an automated flight system implicated in two deadly crashes of Max jets. In its report...
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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 11, 2019 - 7:02 pm
WHITE PLAINS, N.Y. (AP) — A judge is pushing for a settlement of more than 2,600 lawsuits facing OxyContin maker Purdue Pharma with a decision Friday to pause litigation against the company and members of the wealthy Sackler family that owns the company. In a hearing Friday, U.S. Bankruptcy Judge...
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October 11, 2019 - 6:30 pm
CHICAGO (AP) — Boeing CEO Dennis Muilenburg has lost his title as chairman of the troubled aircraft manufacturer. Boeing announced late Friday that directors decided to separate the two jobs. They elected David L. Calhoun to serve as non-executive chairman. The board says the move will let...
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