Corporate news

FILE - This May 14, 2014 file photo shows an AT&T logo on a store in Dedham, Mass. AT&T planned to announce details of its upcoming streaming service on Tuesday, Oct. 29, 2019. (AP Photo/Steven Senne, File)
October 30, 2019 - 5:18 pm
AT&T said Tuesday that its HBO Max streaming service will launch in May for $15 a month, joining a crowded field of emerging rivals to Netflix. The company has said HBO Max will become the "workhorse" for its video business as cord-cutting of traditional TV expands. It hopes to migrate people...
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FILE - In this Jan. 2, 2014 file photo, a Fiat logo pictured on a car in Milan, Italy. Italian-American carmaker Fiat Chrysler Automobiles on Wednesday, Oct. 30, 2019 confirmed that it is in talks with French rival PSA Peugeot, its second bid this year to reshape the global auto industry facing huge challenges with the transition to electric and autonomous vehicles. (AP Photo/Antonio Calanni, File)
October 30, 2019 - 4:36 pm
DETROIT (AP) — In a merger deal that appears to be heading for approval, Fiat Chrysler stands to gain electric vehicle technology while PSA Peugeot Citroen could benefit from a badly needed dealership network to reach its goal of selling vehicles in the U.S. The Wall Street Journal, citing sources...
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FILE - In this June 3, 2019, file photo Apple CEO Tim Cook, left, and chief design officer Jonathan Ive look at a Mac Pro in the display room at the Apple Worldwide Developers Conference in San Jose, Calif. Apple Inc. reports financial earns on Wednesday, Oct. 30. (AP Photo/Jeff Chiu, File)
October 30, 2019 - 4:24 pm
SAN FRANCISCO (AP) — Apple is still running a well-oiled moneymaking machine despite cooling demand for its hottest product, the iPhone. Sales and revenue in the July-September quarter exceeded analyst estimates as Apple's newest iPhones got off to a better start than expected, even though the...
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FILE - This July 9, 2019, file photo shows a sign outside of the Twitter office building in San Francisco. Twitter is banning all political advertising from its service, saying social media companies give advertisers an unfair advantage in proliferating highly targeted, misleading messages. (AP Photo/Jeff Chiu, File)
October 30, 2019 - 3:46 pm
SAN FRANCISCO (AP) — Twitter is banning all political advertising from its service, saying social media companies give advertisers an unfair advantage in proliferating highly targeted, misleading messages. "While internet advertising is incredibly powerful and very effective for commercial...
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A television screen on the floor of the New York Stock Exchange shows the rate decision of the Federal Reserve, Wednesday, Oct. 30, 2019. The Federal Reserve has cut its benchmark interest rate for the third time this year to try to sustain the economic expansion in the face of global threats. (AP Photo/Richard Drew)
October 30, 2019 - 3:44 pm
Stocks closed broadly higher on Wall Street Wednesday, sending the S&P 500 to a record high for the second time this week, as investors welcomed the Federal Reserve's decision to lower interest rates for the third time this year. The central bank also indicated that it won't cut rates again in...
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FILE - In this April 16, 2019, file photo, a woman exhales a puff of vapor from a Juul pen in Vancouver, Wash. A former Juul Labs executive is alleging that the vaping company knowingly shipped 1 million tainted nicotine pods to customers. The allegation comes in a lawsuit filed Tuesday, Oct. 29, by a former finance executive who was fired by the vaping giant earlier this year. (AP Photo/Craig Mitchelldyer, File)
October 30, 2019 - 2:42 pm
WASHINGTON (AP) — A Juul Labs executive who was fired earlier this year is alleging that the vaping company knowingly shipped 1 million tainted nicotine pods to customers. The allegation comes in a lawsuit filed Tuesday by lawyers representing Siddharth Breja, a one-time finance executive at the e-...
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Boeing Company President and Chief Executive Officer Dennis Muilenburg, right, is surrounded by photographers on Capitol Hill in Washington, Tuesday, Oct. 29, 2019, before the start of a Senate Committee on Commerce, Science, and Transportation hearing on "Aviation Safety and the Future of Boeing's 737 MAX." (AP Photo/Susan Walsh)
October 30, 2019 - 12:29 pm
Lawmakers blasted Boeing and peppered its CEO on Wednesday with questions about the design and marketing of the 737 Max, the plane involved in two crashes that killed 346 people. House Transportation Committee Chairman Peter DeFazio, D-Ore., said Boeing showed a "lack of candor all through this."...
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FILE - In this Jan. 2, 2014 file photo, a Fiat logo pictured on a car in Milan, Italy. Italian-American carmaker Fiat Chrysler Automobiles on Wednesday, Oct. 30, 2019 confirmed that it is in talks with French rival PSA Peugeot, its second bid this year to reshape the global auto industry facing huge challenges with the transition to electric and autonomous vehicles. (AP Photo/Antonio Calanni, File)
October 30, 2019 - 11:11 am
MILAN (AP) — Fiat Chrysler Automobiles said Wednesday it is in talks with French rival PSA Peugeot in its second bid this year to reshape the global auto industry at a time of heightened uncertainty for the sector. A merger would create the fourth-largest automaker, with a combined market value of...
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October 30, 2019 - 10:37 am
NEW YORK (AP) — As Exxon faced the prospect of new climate regulations, the energy giant's leaders sought a full understanding of how they would affect the bottom line, former CEO and ex-Secretary of State Rex Tillerson told a court Wednesday in a securities fraud lawsuit brought by the New York...
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Chinese investors monitor stock prices at a brokerage house in Beijing, Wednesday, Oct. 30, 2019. Shares have declined in Asia after weak earnings for technology and media companies led stocks lower on Wall Street. The modest pullback came a day after the S&P 500 hit an all-time high. (AP Photo/Mark Schiefelbein)
October 30, 2019 - 4:50 am
BANGKOK (AP) — Shares fell in early European trading on Wednesday after Asian benchmarks ended mixed. Britain's FTSE 100 lost 0.2% to 7,293.94, while Germany's DAX shed 0.2% to 12,907.97. The CAC 40 in Paris edged 0.1% higher. The Dow and S&P 500 futures contracts edged 0.1% lower. A modest...
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