Corporate news

August 10, 2018 - 5:36 pm
MINNEAPOLIS (AP) — Mayo Clinic will get a new president and chief executive at the end of the year when Dr. Gianrico Farrugia takes over from Dr. John Noseworthy, the world-renowned health care organization announced Friday. Farrugia, the CEO of Mayo's campus in Jacksonville, Florida, since 2015,...
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August 10, 2018 - 2:45 pm
PORTLAND, Ore. (AP) — Four women who used to work for Nike filed a federal lawsuit alleging the company violated state and U.S. equal-pay laws and fostered a work environment that allowed sexual harassment. The suit filed Thursday in Portland, Oregon, is among the first to hit the company since...
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FILE - This May 8, 2018 file photo Republican Senate candidate Mike Braun thanks supporters after winning the republican primary in Whitestown, Ind. Braun rails against foreign outsourcing on the campaign trail, even as his own company continues to sell its trademarked brand of auto accessories, many of which are made in China. Braun frequently criticizes his opponent, vulnerable red-state Democratic Sen. Joe Donnelly, for once owning stock in a family business his brother runs that operates a factory in Mexico. However, the Republican nominee's own parts brand, Promaxx Automotive, sells products that were similarly manufactured abroad, according to a review by The Associated Press. (AP Photo/Michael Conroy, File)
August 10, 2018 - 8:47 am
INDIANAPOLIS (AP) — The off-road accessory was shipped in a box emblazoned with the logo of an auto parts brand owned by Mike Braun, a multimillionaire businessman who often rails against foreign outsourcing in his bid to become Indiana's next senator. The words "Made in China" were stamped across...
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Republican U.S. Rep. Christopher Collins, center, leaves federal court, Wednesday, Aug. 8, 2018, in New York. Rep. Collins of western New York state has been indicted on charges that he used inside information about a biotechnology company to make illicit stock trades (AP Photo/Mary Altaffer)
August 10, 2018 - 8:14 am
WASHINGTON (AP) — The indictment of Rep. Chris Collins on insider trading charges is drawing new attention to the freedom members of Congress have to serve on corporate boards or to buy and sell stock in industries they're responsible for overseeing. Collins, a New York Republican, has denied any...
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FILE - In this May 16, 2018 file photo, Environmental Protection Agency Administrator Scott Pruitt appears before a Senate Appropriations subcommittee on budget on Capitol Hill in Washington. A federal appeals court has ruled that the Trump administration endangered public health by keeping a top-selling pesticide chlorpyrifos on the market, despite extensive scientific evidence that even tiny levels of exposure could harm babies’ brains. The 9th U.S. Circuit Court of Appeals in San Francisco has ordered the Environmental Protection Agency to remove chlorpyrifos from sale in the United States within 60 days. (AP Photo/Andrew Harnik)
August 09, 2018 - 7:10 pm
WASHINGTON (AP) — A federal appeals court ruled Thursday that the Trump administration endangered public health by keeping a widely used pesticide on the market despite extensive scientific evidence that even tiny levels of exposure can harm babies' brains. The 9th U.S. Circuit Court of Appeals in...
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Republican U.S. Rep. Christopher Collins, center, leaves federal court, Wednesday, Aug. 8, 2018, in New York. Rep. Collins of western New York state has been indicted on charges that he used inside information about a biotechnology company to make illicit stock trades (AP Photo/Mary Altaffer)
August 09, 2018 - 5:16 pm
WASHINGTON (AP) — The indictment of Rep. Chris Collins on insider trading charges is drawing new attention to the freedom members of Congress have to serve on corporate boards or to buy and sell stock in industries they're responsible for overseeing. Collins, a New York Republican, has denied any...
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August 09, 2018 - 1:08 pm
NIWOT, Colo. (AP) — Colorado-based footwear company Crocs Inc. is closing company-owned manufacturing plants in Italy and Mexico by year's end and replacing its chief financial officer. The company announced the outsourcing of additional manufacturing and the closure of a distribution facility in...
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FILE - This Oct. 12, 2004 file photo shows Sinclair Broadcast Group, Inc.'s headquarters in Hunt Valley, Md. Tribune Media is ending its $3.9 billion deal with Sinclair Broadcast, and has filed a lawsuit against Sinclair for breach of contract. Sinclair had offered to buy Tribune’s 42 TV stations. The two companies had until midnight Wednesday, Aug. 8, 2018 to call the deal off and have been facing tough regulatory challenges. (AP Photo/Steve Ruark, File)
August 09, 2018 - 12:22 pm
NEW YORK (AP) — The $3.9 billion buyout of Tribune Media by Sinclair collapsed Thursday, ending a bid to create a massive media juggernaut that could have rivaled the reach of Fox News. Tribune Media Co. said Thursday that it is suing Sinclair for breach of contract and at least $1 billion in...
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The logo for Rite Aid is displayed above a trading post on the floor of the New York Stock Exchange, Thursday, Aug. 9, 2018. Rite Aid and the grocer Albertsons called off an agreement to become a single company with the deal facing shaky prospects in a shareholder vote.(AP Photo/Richard Drew)
August 09, 2018 - 9:56 am
Rite Aid and the grocer Albertsons called off an agreement to become a single company with the deal facing shaky prospects in a shareholder vote. Shares of the drugstore chain plunged after markets opened Thursday. The owner of Safeway and other grocery brands had announced in February plans to buy...
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August 09, 2018 - 9:08 am
CHARLOTTE, N.C. (AP) — The Bubble Wrap trademark holder and maker is under investigation by the Securities Exchange Commission. The Charlotte Observer reports Sealed Air said in its second-quarter earnings report Monday that it received a subpoena on June 25 for accounting and financial reporting...
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