Corporate news

FILE - In this Jan. 8, 2017 file photo, a Pacific Gas and Electric Company worker cuts back branches from a tree that fell across power lines in Felton, Calif. A federal judge said Tuesday, April 2, 2019, that he will closely monitor PG&E's tree-trimming in 2019 and barred the utility from paying out dividends to shareholders as part of a new, court-ordered wildfire prevention plan. (Kevin Johnson/The Santa Cruz Sentinel via AP, File)
April 02, 2019 - 6:41 pm
SAN FRANCISCO (AP) — A federal judge said Tuesday he will closely monitor Pacific Gas & Electric's tree-trimming this year and barred the utility from paying out dividends to shareholders as part of a new, court-ordered wildfire prevention plan. U.S. District Judge William Alsup ordered the new...
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This June 24, 2018, photo shows unsold 2018 Suburbans at a Chevrolet dealership in Englewood, Colo. Automobile sales in the U.S. fell 2% in the first quarter, another sign the nation's economy is starting to slow. (AP Photo/David Zalubowski)
April 02, 2019 - 4:38 pm
DETROIT (AP) — Automobile sales in the U.S. fell 2% in the first quarter, another sign the nation's economy is starting to slow. Automakers sold just over 4 million vehicles from January through March, according to Ward's Automotive Intelligence, and industry analysts blame the decline on rising...
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FILE - In this June 4, 2014, file photo, people walk in to a Walgreens retail store in Boston. Walgreens slashed its 2019 forecast and missed second-quarter expectations with a performance that sent its shares plunging Tuesday, April 2, 2019 and knocked down the Dow Jones industrial average. The nation’s largest drugstore chain said it now expects adjusted earnings per share to be roughly flat this year after confirming as recently as late December a forecast for growth of 7% to 12%. (AP Photo/Charles Krupa, File)
April 02, 2019 - 3:24 pm
Walgreens slashed its 2019 forecast and missed second-quarter expectations with a performance that sent its shares plunging Tuesday and helped knock down the Dow Jones Industrial Average. Company leaders told analysts that challenges they had been expecting like reimbursement cuts and lower price...
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FILE - In this Dec. 14, 2007 file photo, a traveler uses a Delta SkyMiles credit card to buy an airline e-ticket at the Bob Hope Airport in Burbank, Calif. American Express and Delta Airlines extended their credit card partnership through 2029, the companies jointly announced Tuesday, April 2, 2019, a significant extension of one of the larger financial partnerships between a major U.S. airline and a credit card company. Delta also raised its outlook for first-quarter profit, helping to lift its shares and the shares of other airlines. (AP Photo/Damian Dovarganes, File)
April 02, 2019 - 3:20 pm
NEW YORK (AP) — American Express and Delta Air Lines extended their credit card partnership through 2029, the companies jointly announced Tuesday, a significant extension of one of the larger financial partnerships between a major U.S. airline and a credit card company. Separately, Delta raised its...
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FILE - In this Friday, Jan. 4, 2018 file photo, a worker adds CBD oil to a drink at a coffee shot in Fort Lauderdale, Fla. Cannabidiol is one of more than 100 compounds found in marijuana. (Jennifer Lett/South Florida Sun-Sentinel via AP)/South Florida Sun-Sentinel via AP)
April 02, 2019 - 3:20 pm
With CBD showing up everywhere, U.S. regulators announced Tuesday they are exploring ways the marijuana extract could be used legally in foods, dietary supplements and cosmetics. The U.S. Food and Drug Administration said it will hold a public hearing May 31 to gather more information on the...
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FILE - This Feb. 19, 2013, file photo shows OxyContin pills arranged for a photo at a pharmacy, in Montpelier, Vt. The wealthy family who owns the company that makes OxyContin says Massachusetts got the facts wrong in a lawsuit. Legal papers made public Tuesday, April 2, 2019, represent the first time the Sackler family, who owns the Connecticut-based Purdue Pharma, has responded in court to allegations about its role in the opioid crisis. (AP Photo/Toby Talbot, File)
April 02, 2019 - 2:13 pm
BOSTON (AP) — The family that owns the company that makes OxyContin is calling a Massachusetts lawsuit false and misleading in its first court response to allegations that individual family members helped fuel the deadly opioid epidemic. In legal papers made public Tuesday, attorneys for the...
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Acting Baltimore Mayor Jack Young talks to reporters after meeting with state senators who represent Baltimore on Tuesday, April 2, 2019 in Annapolis. Young has become acting mayor after Catherine Pugh abruptly announced Monday that she's taking a leave of absence to "focus on her health" amid a political scandal about involving book sales. (AP Photo/Brian Witte)
April 02, 2019 - 1:27 pm
ANNAPOLIS, Md. (AP) — Baltimore's acting mayor told legislators Tuesday that the city "is in good hands" until the mayor decides whether to return after abruptly announcing a leave of absence to "focus on her health" amid a political scandal about "self-dealing" book sales. Mayor Catherine Pugh...
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FILE - In this June 3, 2017 file photo North Carolina Republican Party Chairman Robin Hayes speaks during the North Carolina Republican Party State Convention at the Wilmington Convention Center in Wilmington, N.C. Hayes won't seek re-election to the post after all, the former congressman announced Monday, April 1, 2019. (AP Photo/Mike Spencer, File)
April 02, 2019 - 12:04 pm
RALEIGH, N.C. (AP) — The chairman of North Carolina's Republican Party and a secretive big-money donor are facing federal bribery and wire fraud charges accusing them of trying to sway regulatory decisions in favor of the donor's insurance companies, according to indictments unsealed Tuesday. State...
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FILE- In this Sunday, Feb. 17, 2019, file photo, unsold 2019 Escape sports-utility vehicles sit in a long row at a Ford dealership in Broomfield, Colo. On Tuesday, April 2, the Commerce Department releases its February report on durable goods. (AP Photo/David Zalubowski, File)
April 02, 2019 - 7:56 am
WASHINGTON (AP) — Orders to U.S. factories for big-ticket manufactured goods fell 1.6% in February, the biggest drop in four months, reflecting a plunge in the volatile commercial aircraft category. Demand in a key sector used to track business investment decisions also declined in February. The...
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Junichiro Hironaka, lawyer of former Nissan chairman Carlos Ghosn speaks during a press conference in Tokyo, Tuesday, April 2, 2019. Hironaka said his client cannot get a fair trial under the same judge as the Japanese automaker, which is a co-defendant in a pending financial misconduct case, arguing Nissan has been acting “as one” with the prosecutors.((AP Photo/Koji Sasahara)
April 02, 2019 - 4:26 am
PARIS (AP) — French carmaker Renault SA's board will hold a special meeting to discuss recent results of its internal investigation of its former boss Carlos Ghosn, amid reports of suspicious payments under his watch. The board meeting planned for Wednesday will also look into Ghosn's 2018 pay as...
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