Corporate news

FILE - In this Feb. 14, 2012 file photo, Puerto Rican astrologer Walter Mercado, also known as Shanti Ananda, gives a press conference in San Juan, Puerto Rico. Mercado, a flamboyant astrologer and television personality whose daily TV appearances entertained many across Latin America for more than a decade, died on Nov. 26. (AP Photo/Dennis M. Rivera Pichardo, File)
November 03, 2019 - 4:02 pm
SAN JUAN, Puerto Rico (AP) — Television astrologer Walter Mercado, whose glamorous persona made him a star in Latin media and a cherished icon for gay people in most of the Spanish-speaking world, has died. He was 88. Mercado was known throughout Latin American for the melodrama of his daily...
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November 03, 2019 - 2:41 pm
PLAQUEMINE, La. (AP) — An explosion at a Dow chemical plant in Louisiana rattled windows in nearby homes but caused no injuries, the company said Sunday. Dow Louisiana Operations said in a statement posted online that a "vessel" had ruptured Sunday morning at its facility near Plaquemine. "There...
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A man walks near a compound for Saudi Aramco in Jiddah, Saudi Arabia, Sunday, Nov. 3, 2019. Saudi Arabia formally started its long-anticipated initial public offering of its state-run oil giant Saudi Aramco on Sunday, which will see a sliver of the firm offered on a local stock exchange in hopes of raising billions of dollars for the kingdom. (AP Photo/Amr Nabil)
November 03, 2019 - 6:32 am
DHAHRAN, Saudi Arabia (AP) — Saudi Arabia formally began an initial public offering Sunday of a sliver of oil giant Saudi Aramco after years of delay, hoping international and local investors will pay billions of dollars for a stake in the kingdom's crown jewels. An approval by Saudi Arabia's...
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FILE - In this May 5, 2019, file photo Warren Buffett, Chairman and CEO of Berkshire Hathaway, speaks during a game of bridge following the annual Berkshire Hathaway shareholders meeting in Omaha, Neb. Berkshire Hathaway Inc. reports earnings on Saturday, Nov. 2. (AP Photo/Nati Harnik, File)
November 02, 2019 - 5:14 pm
OMAHA, Neb. (AP) — Warren Buffett's company reported Saturday that it saw an 11% decline in third-quarter profits because of a smaller increase in the paper value of its investments, even as it sits on a mountain of cash. Berkshire Hathaway said it made $16.52 billion, or $10,119 per Class A share...
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November 02, 2019 - 4:49 pm
Airbnb Inc. says it's banning "party houses" in the wake of a deadly shooting at an Airbnb rental in California. In a series of tweets Saturday, Airbnb co-founder and CEO Brian Chesky said that the San Francisco-based company is stepping up efforts to "combat unauthorized parties and get rid of...
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FILE - In this Aug. 16, 2018, file photo, the Fitbit Charge 3 fitness trackers are displayed in New York. Google’s parent company is buying wearable device maker Fitbit for about $2.1 billion. Alphabet said Friday, Nov. 1, 2019, that it will pay $7.35 per share. (AP Photo/Richard Drew, File)
November 02, 2019 - 9:36 am
Google's acquisition of wearable pioneer Fitbit may be a bold plunge into health and fitness technology. But it's also just the latest step in the internet giant's often-halting effort to become a force in consumer hardware. Once a pure software company known for its search engine, apps like Gmail...
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California Gov. Gavin Newsom announces the appointment of Ana Matosantos, right, as California's "energy czar" on Friday, Nov. 1, 2019, in Sacramento, California. Newsom announced Friday he was calling a meeting of Pacific Gas & Electric's executives, shareholders and creditors to resolve the utility's bankruptcy before next year's fire season. PG&E has cut off power to millions of Californians in recent weeks in an attempt to prevent wildfires started by its equipment. If a resolution can't be reached, Newsom said the state will intervene. (AP photo/Adam Beam)
November 01, 2019 - 6:07 pm
SACRAMENTO, Calif. (AP) — California's governor on Friday threatened a possible takeover of the troubled utility blamed for sparking deadly wildfires across the state with its outdated equipment unless it can emerge from bankruptcy ahead of next year's wildfire season with a plan focused on safety...
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Flags fly outside an entrance to the Idaho Correctional Alternative Placement Program facility, Friday, Nov. 1, 2019, in Kuna, Idaho. An inmate at the facility says a doctor with the private medical care company Corizon Health told him to wash and reuse his disposable urinary catheters — a complaint some inmate advocates say is common even though reusing the catheters can lead to health problems. The Idaho Department of Correction pays Tennessee-based Corizon Health roughly $46 million a year to provide inmate health care at all of the state's prisons, but officials recently decided to put the contract out to bid when the current term expires amid rising discomfort with the company. (AP Photo/Rebecca Boone)
November 01, 2019 - 4:03 pm
BOISE, Idaho (AP) — Brad Vanzant uses a wheelchair, has one kidney, and since 2015 has relied on catheters to drain his bladder. He's also an Idaho prison inmate, which means his medical supplies must be approved and provided by the state's private health care contractor, Corizon Health. So when a...
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FILE - In this March 1, 2017, file photo, Jamey Powell, left, and Julianne Hough lead an exercise class as the participants are introduced to the Alta HR fitness tracker at Swerve cycling center in New York. Google’s parent company is buying wearable device maker Fitbit for about $2.1 billion. Alphabet said Friday, Nov. 1, 2019, that it will pay $7.35 per share. (AP Photo/Mark Lennihan, File)
November 01, 2019 - 3:49 pm
Google, the company that helped make it fun to just sit around surfing the web, is jumping into the fitness-tracker business with both feet, buying Fitbit for about $2.1 billion. The deal could put Google in direct competition with Apple and Samsung in the highly competitive market for smartwatches...
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November 01, 2019 - 2:47 pm
WASHINGTON (AP) — The Supreme Court will consider taking away an important tool that federal securities regulators used last year to recoup $2.5 billion in ill-gotten gains in fraud cases. The justices said Friday they will hear an appeal contending that the Securities and Exchange Commission lacks...
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