Corporate news

FILE - In this Aug. 1, 2017, file photo, store greeter Danny Olivar, right, lends a hand to a customer to heft an air conditioning unit from a rapidly declining stock at a Home Depot store ahead of an expected heat wave in Seattle. The Home Depot Inc. reports earnings Tuesday, Aug. 14, 2018. (AP Photo/Elaine Thompson, File)
August 14, 2018 - 6:02 am
ATLANTA (AP) — Home Depot handily beat expectations during the second quarter, bouncing back from a slow start to the year when terrible weather cooled construction projects. The world's biggest home improvement retailer boosted its full-year profit and revenue forecasts Tuesday. Higher mortgage...
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South Korean Minister of Land Infrastructure and Transport, Kim Hyun-mee, center, speaks at a press conference at the government complex in Seoul, South Korea, Tuesday, Aug. 14, 2018. South Korea will ban driving recalled BMWs that haven't received safety checks following dozens of fires the German automaker has blamed on a faulty exhaust gas component. (Kim Seung-doo/Yonhap via AP)
August 14, 2018 - 4:10 am
SEOUL, South Korea (AP) — South Korea will ban driving recalled BMWs that haven't received safety checks following dozens of fires the German automaker has blamed on a faulty exhaust gas component. South Korea's Ministry of Land, Infrastructure and Transport said Tuesday the ban taking effect...
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Members of the defense team for Paul Manafort, including Kevin Downing, left, Richard Westling, and Thomas Zehnle, walk to federal court as the trial of the former Trump campaign chairman continues, in Alexandria, Va., Monday, Aug. 13, 2018. The prosecution is expected to rest its case in the fraud trial. (AP Photo/Jacquelyn Martin)
August 13, 2018 - 9:27 pm
ALEXANDRIA, Va. (AP) — Prosecutors on Monday rested their tax evasion and bank fraud case in the trial of former Trump campaign chairman Paul Manafort, closing two weeks of testimony that depicted him as using millions of dollars hidden in offshore accounts to fund a luxurious lifestyle — and later...
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President Donald Trump signs the John McCain National Defense Authorization Act for the Fiscal Year 2019, during a signing ceremony Monday, Aug. 13, 2018, in Fort Drum, N.Y. (AP Photo/Hans Pennink)
August 13, 2018 - 5:39 pm
FORT DRUM, N.Y. (AP) — President Donald Trump on Monday signed a $716 billion defense policy bill named for John McCain but included no mention in his remarks of the Republican senator, who is battling brain cancer at home in Arizona. Trump and McCain are engaged in a long-running feud that dates...
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In this Aug. 9, 2018 photo, provided by Nate McMurray for Congress, Nate McMurray, the Democrat who is running in the 27th Congressional District, speaks to supporters in Rochester, N.Y., the day after his opponent, U.S. Rep. Christopher Collins, R-N.Y., was arrested on insider trading charges. On Saturday, Aug. 11, 2018, Collins said he would end his re-election bid, while McMurray called on Collins to resign. (Nate McMurray for Congress via AP)
August 13, 2018 - 4:56 pm
ALBANY, N.Y. (AP) — Republicans may have to nominate U.S. Rep. Chris Collins for another political office in order to strip his name from the November ballot after the three-term conservative lawmaker dropped his re-election bid following insider trading charges. The odd move may be necessitated by...
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FILE- In this June 14, 2018, file photo Tesla CEO and founder of the Boring Company Elon Musk speaks at a news conference in Chicago. Musk says he's in talks with the Saudi Arabian sovereign wealth fund about taking the electric car and solar panel maker private, but no deal has been finalized. Musk says in a blog posted Monday, Aug. 13, that most of the funding would be in stock rather than debt. (AP Photo/Kiichiro Sato, File)
August 13, 2018 - 12:45 pm
DETROIT (AP) — Saudi Arabia's sovereign wealth fund would be the main source of money for Tesla CEO Elon Musk's grand plan to take the company private, but the deal isn't done yet, Musk disclosed in a blog on Monday. The fund approached Musk about going private multiple times during the past two...
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FILE - This file image released by Warner Bros. Entertainment shows Jason Statham in a scene from the film, "The Meg." The shark thriller “The Meg” became the latest success in Hollywood’s sizzling summer, opening well above expectations with $44.5 million in ticket sales, according to box office estimates Sunday, Aug. 12, 2018. (Daniel Smith/Warner Bros. Entertainment via AP, File)
August 12, 2018 - 1:17 pm
NEW YORK (AP) — Adding to Hollywood's sizzling summer, the shark thriller "The Meg" opened well above expectations with an estimated $44.5 million in ticket sales, while Spike Lee had his best debut in a decade. "The Meg" had been forecast by some analysts for closer to half that total. An American...
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FILE - This Aug. 8, 2018 file photo shows Republican U.S. Rep. Christopher Collins as he leaves federal court in New York. In an about-face, Collins says he will suspend his re-election campaign after insider-trading indictment. (AP Photo/Mary Altaffer, File)
August 11, 2018 - 4:49 pm
NEW YORK (AP) — In an about-face, U.S. Rep. Chris Collins is ending his re-election bid days after the Republican congressman from New York was charged with insider trading, while his Democratic challenger is calling on him to resign immediately. Collins released a statement Saturday morning saying...
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August 10, 2018 - 8:17 pm
NEW YORK (AP) — A former New York City banker who hawked elderly customers' personal identifying information in a scheme to raid their accounts has been sentenced to four years in federal prison. A judge on Friday has also ordered Peter Persaud to fork over $17,500 in proceeds from his crimes...
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August 10, 2018 - 6:16 pm
PHILADELPHIA (AP) — The NL East-leading Philadelphia Phillies have acquired first baseman Justin Bour and cash from the Miami Marlins for a minor league pitcher. Bour is batting .227 with 19 homers and 54 RBIs. He's expected to be a pinch-hitter in Philadelphia, where Carlos Santana is the starting...
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