Corporate news

November 06, 2019 - 2:47 am
FRANKFURT, Germany (AP) — Automaker BMW reported Wednesday that net profit increased 11.5 percent from a year ago to 1.55 billion euros ($1.72 billion) in the third quarter, helped by a rejuvenated model line and the absence of last year's market disruptions due to troubles with diesel cars...
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Chinese President Xi Jinping, left, and French President Emmanuel Macron walk together during a welcome ceremony at the Great Hall of the People in Beijing, Wednesday, Nov. 6, 2019. (AP Photo/Mark Schiefelbein)
November 06, 2019 - 2:20 am
BEIJING (AP) — Chinese leader Xi Jinping on Wednesday hailed a visit by French President Emmanuel Macron as giving a boost to multilateralism and free trade, amid ongoing economic tensions with Washington. The two countries also pledged continued support for the Paris Agreement as the U.S. begins...
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In this photo released by the official website of the office of the Iranian Presidency, President Hassan Rouhani, center, attends a ceremony to inaugurate Azadi Innovation Factory in Pardis technology park in west of Tehran, Iran, Tuesday, Nov. 5, 2019. Rouhani announced on Tuesday that Tehran will begin injecting uranium gas into 1,044 centrifuges, the latest step away from its nuclear deal with world powers since President Donald Trump withdrew from the accord over a year ago. (Office of the Iranian Presidency via AP)
November 05, 2019 - 8:32 pm
TEHRAN, Iran (AP) — Iran will start injecting uranium gas into over a thousand centrifuges at a fortified nuclear facility built inside a mountain, the country's president announced Tuesday in Tehran's latest step away from its atomic accord with world powers since President Donald Trump withdrew...
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FILE - In this Oct. 30, 2019, file photo trader Phyllis Arena Woods works on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EST on Tuesday, Nov 5. (AP Photo/Richard Drew, File)
November 05, 2019 - 4:31 pm
NEW YORK (AP) — It's the market that continues mostly upward, even though there's still plenty to worry about. The Dow Jones Industrial Average and the Nasdaq closed at record highs yet again on Tuesday, and the S&P 500 closed barely below the all-time high it reached a day earlier. The gains...
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FILE - In this Wednesday, July 26, 2017, file photo, McDonald's CEO Steve Easterbrook is interviewed at the New York Stock Exchange. McDonald's said Sunday, Nov. 3, 2019, that Easterbrook has stepped down after violating company policy by engaging in a consensual relationship with an employee. (AP Photo/Richard Drew, File)
November 05, 2019 - 12:27 pm
NEW YORK (AP) — Workplace couples are often romanticized — think Bill and Melinda Gates or Michelle and Barack Obama. But when the relationship involves two people with unequal power, it can also be fraught with peril, especially in the #MeToo era. McDonald's CEO Steve Easterbrook is only the...
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November 05, 2019 - 7:48 am
HELSINKI (AP) — Lithuania's president says a nuclear power plant that is due to start operating soon in neighboring Belarus poses "a huge threat to the safety and security" of countries in the region due to insufficient security standards. Lithuanian President Gitanas Nauseda said Tuesday in...
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November 05, 2019 - 4:14 am
THE HAGUE, Netherlands (AP) — A Dutch appeals court has convicted a scout leader of branding three children in a campfire initiation ritual. The appeals court in the southern city of Den Bosch said Tuesday the man "seriously overstepped the limits" of what is allowed in such an initiation. The man...
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Chinese President Xi Jinping is seen on a live broadcast speaking at the media center during the opening of the China International Import Expo in Shanghai, Tuesday, Nov. 5, 2019. Xi promised Tuesday to open China wider to imports and foreign investment at the start of a high-profile trade fair meant to rebrand the country as a global customer and warned against trade protectionism. (AP Photo/Dake Kang)
November 05, 2019 - 3:19 am
SHANGHAI (AP) — President Xi Jinping promised more gradual market-opening steps at the start of an import fair Tuesday but no initiatives on technology policy and other irritants that sparked a tariff war with Washington. The second China International Import Expo showcases the country's vast...
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Police officers run to get assistance after being hit with a gasoline bomb thrown by protesters during an anti-government protest in Santiago, Chile, Monday, Nov. 4, 2019. Chile has been facing weeks of unrest, triggered by a relatively minor increase in subway fares. The protests have shaken a nation noted for economic stability over the past decades, which has seen steadily declining poverty despite persistent high rates of inequality. (AP Photo/Esteban Felix)
November 04, 2019 - 6:52 pm
SANTIAGO, Chile (AP) — Thousands of Chileans took to the streets again Monday to demand better social services, some clashing with police, as protesters demanded an end to economic inequality even as the government announced that weeks of demonstrations are hurting the country's economic growth...
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Perry Santillo walks outside the federal courthouse in Scranton, Pa., Monday, Nov. 4, 2019, after pleading guilty to a federal fraud charge. Prosecutors say Santillo masterminded a Ponzi scheme that took in more than $115 million from investors around the country. (AP Photo/Michael Rubinkam)
November 04, 2019 - 4:31 pm
SCRANTON, Pa. (AP) — The fraudster called himself "King Perry," and for a while he lived like royalty. Perry Santillo masterminded a long-running investment scam that collected more than $115 million from 1,000 investors around the country, using some of the proceeds to fund a lavish lifestyle of...
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