Corporate news

A Ryanair passenger plane rests idle during a Ryanair employees strike at the Charleroi airport, outside Brussels, Friday, Sept. 28, 2018. Ryanair pilots and cabin crew went on strike forcing the cancellation of some 250 flights across Europe, including Spain, Portugal, Belgium, the Netherlands, Italy and Germany.(AP Photo/Francisco Seco)
October 01, 2018 - 5:51 am
LONDON (AP) — Ryanair, Europe's biggest airline by passengers, has issued a profit warning for the year amid strikes and rising fuel prices. The low-cost carrier says Monday it has lowered its guidance by 12 percent to between 1.1 billion euros ($1.28 billion) and 1.2 billion euros for the full...
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California Gov. Jerry Brown reviews a measure with his wife, Anne Gust Brown, second from left and staff Camille Wagner, left, Graciela Castillo-Krings, right, at his Capitol office, Sunday, Sept. 30, 2018, in Sacramento, Calif. Sunday is the last day for Brown to approve or veto bills passed by the legislature. Brown, who will be leaving office in January, is acting on some on the last pieces of legislation in his tenure as governor. (AP Photo/Rich Pedroncelli)
September 30, 2018 - 9:58 pm
SACRAMENTO, Calif. (AP) — California has become the first state to require publicly traded companies to include women on their boards of directors, one of several laws boosting or protecting women that Gov. Jerry Brown signed Sunday. The measure requires at least one female director on the board of...
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FILE- In this Sept. 17, 2018, file photo SpaceX founder and chief executive Elon Musk speaks after announcing Japanese billionaire Yusaku Maezawa as the first private passenger on a trip around the moon in Hawthorne, Calif. U.S. securities regulators have filed a complaint against Musk alleging that he made false and misleading statements about plans to take the company private in August. (AP Photo/Chris Carlson, File)
September 29, 2018 - 2:00 pm
SAN FRANCISCO (AP) — Elon Musk's murky future as Tesla Motors' CEO amid a securities fraud lawsuit isn't the only cloud hanging over the electric car maker. The company was on shaky financial ground even before government regulators set out to remove Musk as CEO, a blow that has increased the...
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FILE- In this Sept. 17, 2018, file photo SpaceX founder and chief executive Elon Musk speaks after announcing Japanese billionaire Yusaku Maezawa as the first private passenger on a trip around the moon in Hawthorne, Calif. U.S. securities regulators have filed a complaint against Musk alleging that he made false and misleading statements about plans to take the company private in August. (AP Photo/Chris Carlson, File)
September 28, 2018 - 3:45 pm
SAN FRANCISCO (AP) — The very attributes that have fueled a mania around Elon Musk — his vision, brash personality and willingness to take risks — could prove to be his downfall. The Tesla CEO who made his fortune and his renegade-genius reputation by bursting through the barriers of conventional...
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Chart shows the wild ride of Tesla Inc.’s stock price and highlights key moments for the company; 3c x 3 1/4 inches; 146 mm x 82 mm;
September 28, 2018 - 2:18 pm
NEW YORK (AP) — Tesla investors have taken a wild ride as Wall Street values the promise of one of the world's leading electric car makers, the hurdles the company faces as it tries to become a world-class manufacturer, and a mercurial CEO who can get the market buzzing with a single tweet. Tesla...
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FILE- In this Sept. 17, 2018, file photo SpaceX founder and chief executive Elon Musk speaks after announcing Japanese billionaire Yusaku Maezawa as the first private passenger on a trip around the moon in Hawthorne, Calif. U.S. securities regulators have filed a complaint against Musk alleging that he made false and misleading statements about plans to take the company private in August. (AP Photo/Chris Carlson, File)
September 27, 2018 - 8:51 pm
DETROIT (AP) — U.S. securities regulators are asking a federal court to oust Tesla Inc.'s Elon Musk as chairman and CEO, alleging in a complaint that he committed securities fraud with false statements about plans to take the company private. The Securities and Exchange Commission says in the...
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September 27, 2018 - 9:35 am
THE HAGUE, Netherlands (AP) — A youth leader in the Netherlands has gone on trial for branding three children with a hot iron during a Scouting initiation ceremony. Prosecution spokeswoman Elke Kool said Thursday the 23-year-old suspect is accused of burning two letters into the backs of three...
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FILE - In this Feb. 10, 2017, file photo, a man walks by a Rite Aid pharmacy in the Oakland section of Pittsburgh. After two failed buyouts, Rite Aid will shuffle its board of directors and spread out leadership at the top of the drugstore chain. Rite Aid said Thursday, Sept. 27, 2018, that three new, independent directors will be nominated to its board, and CEO John Standley will no longer hold the title of chairman. That will go to current board member Bruce Bodaken. (AP Photo/Gene J. Puskar, File)
September 27, 2018 - 9:26 am
After two failed buyout attempts that could have put it in a better position to compete against larger rivals, Rite Aid is shuffling its board of directors and dividing power at the top of the drugstore chain. Rite Aid said Thursday that three new, independent directors will be nominated to its...
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In this July 5, 2018, photo workers assemble the Afloat water mattresses at the factory in Corona, Calif. On Thursday, Sept. 27, the Commerce Department releases its August report on durable goods. (AP Photo/Chris Carlson)
September 27, 2018 - 7:47 am
WASHINGTON (AP) — Orders for long-lasting U.S. factory goods rose at a healthy pace last month, though the increase was mostly driven by a surge in aircraft demand. The Commerce Department said Thursday that orders increased 4.5 percent in August, the most in six months. Excluding aircraft, cars,...
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Traffic backs up on Fremont Street and is diverted around the closed Salesforce Transit Center Wednesday, Sept. 26, 2018, in San Francisco. A second beam in San Francisco's celebrated new $2 billion transit terminal shows signs of cracking, an official said Wednesday, a day after a crack in a nearby support beam shut down the building that opened just last month. The first crack found by workers installing roof tiles Tuesday spans a beam holding up a park over the three-block-long facility and runs over a downtown street, Salesforce Transit Center executive director Mark Zabaneh said. (AP Photo/Eric Risberg)
September 27, 2018 - 1:51 am
SAN FRANCISCO (AP) — San Francisco officials struggled Wednesday to find the source of unusual cracking in support beams that shut down a just-opened, $2 billion transit center meant to serve as a bold architectural statement from a wealthy, high-tech city. The Salesforce Transit Center opened to...
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