Corporate news

October 08, 2018 - 5:37 am
BERLIN (AP) — German factory production dropped in August for the third straight month in a disappointing trend for Europe's largest economy. The Economy Ministry reported Monday that industrial production dropped 0.3 percent over July in numbers adjusted for seasonal and calendar variations. That...
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October 08, 2018 - 3:22 am
LONDON (AP) — A leading adviser on international corporate deals says executives are cooling to the idea of mergers and acquisitions in the face of rising trade tensions. In its half-yearly assessment of the mergers and acquisitions scene published Monday, EY says only 46 percent of executives...
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A woman kneels after placing flowers, Sunday, Oct. 7, 2018, at the scene where 20 people died as the result of a limousine crashing into a parked and unoccupied SUV at an intersection a day earlier, in Schoharie, N.Y. (AP Photo/Hans Pennink)
October 07, 2018 - 9:39 pm
SCHOHARIE, N.Y. (AP) — A limousine carrying four sisters, other relatives and friends to a birthday celebration blew through a stop sign and slammed into a parked SUV outside a store in upstate New York, killing all 18 people in the limo and two pedestrians, officials and victims' relatives said...
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October 05, 2018 - 5:44 pm
WASHINGTON (AP) — A company founded by a London-based banker signed agreements Friday with the government of Afghanistan to explore for gold and copper in the north of the country. Centar Ltd. said it hopes to begin exploration in two sites next year and would within a year become one of the...
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October 05, 2018 - 3:04 pm
BOSTON (AP) — The natural gas company at the center of the explosions north of Boston last month was "woefully unprepared" to prevent or respond to the unfolding disaster, Sens. Elizabeth Warren and Ed Markey said Friday after a review of internal company documents. The Massachusetts Democrats said...
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FILE - This May 10, 2017, file photo, shows the CBS logo at their broadcast center in New York. CBS has hired the consulting firm Rally to help disperse $20 million to groups dedicated to supporting #MeToo and promoting workplace safety and equality for women. The announcement comes less than a month after the company parted ways with longtime CEO Les Moonves after multiple allegations of sexual misconduct. CBS expects to announce the recipients of the funds by Dec. 14. (AP Photo/Mary Altaffer, File)
October 05, 2018 - 1:43 pm
NEW YORK (AP) — CBS has hired the consulting firm Rally to help disperse $20 million to groups dedicated to supporting #MeToo and promoting workplace safety and equality for women. The announcement comes less than a month after the company parted ways with longtime CEO Les Moonves after multiple...
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Photo by Scott Olson/Getty Images
October 05, 2018 - 12:17 pm
HOUSTON (AP) — Mattress Firm, Inc., the nation's largest mattress retailer, is filing for bankruptcy protection and plans to close up to 700 stores around the country. The Houston-based company filed for Chapter 11 bankruptcy protection Friday in federal court in Delaware. According to court...
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Mark Flynn, Director General for the Royal Canadian Mounted Police, left, and Assistant Attorney General for National Security John Demers, attend a news conference, Thursday, Oct. 4, 2018, at the Justice Department in Washington. (AP Photo/Jacquelyn Martin)
October 04, 2018 - 11:22 am
LONDON (AP) — The Latest on a new wave of global cyberattacks blamed on Russia (all times local): 5:15 p.m. The World Anti-Doping Agency has welcomed a U.S. indictment of Russians accused of hacking sports organizations and releasing athletes' medical records. WADA says the alleged hackers "sought...
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Representative Director and CTO of SoftBank Corp. Junichi Miyakawa, left and Executive Vice President of Toyota Motor Corporation Shigeki Tomoyama, right, shake hands during a press conference in Tokyo Thursday, Oct. 4, 2018. Japan’s No. 1 automaker Toyota Motor Corp. and Japanese technology giant SoftBank Group Corp. say they are setting up a joint venture to create mobility services. (AP Photo/Eugene Hoshiko)
October 04, 2018 - 12:31 am
TOKYO (AP) — Japan's No. 1 automaker Toyota Motor Corp. and technology giant SoftBank Group Corp. are setting up a joint venture to create mobility services in what they called a "united Japan" effort" to face global competition. The venture, Monet Technologies Corp. is meant to be running by the...
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FILE - This Monday, Aug. 31, 2017, file photo shows a Barnes & Noble Booksellers store in Pittsburgh. The board of Barnes & Noble said Wednesday, Oct. 3, 2018, it is reviewing the company's future after several parties expressed interest in buying it. (AP Photo/Gene J. Puskar, File)
October 03, 2018 - 6:04 pm
NEW YORK (AP) — Barnes and Noble is weighing its options after several parties expressed interest in buying the struggling bookseller. The company said Wednesday that its board appointed a special committee to review the offers, including one from its founder and chairman, Leonard Riggio, who is...
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