Corporate news

FILE - In this April 15, 2018 file photo, the sun shines off the rear deck of a roadster on a Tesla dealer's lot in the south Denver suburb of Littleton, Colo. Tesla has picked Austin, Texas, and Tulsa, Oklahoma, as finalists for its new U.S. assembly plant, a person briefed on the matter said Friday, May 15, 2020. (AP Photo/David Zalubowski, File)
May 15, 2020 - 7:57 pm
DETROIT (AP) — Tesla has picked Austin, Texas, and Tulsa, Oklahoma, as finalists for its new U.S. assembly plant, a person briefed on the matter said Friday. The person says company officials visited Tulsa in the past week and were shown two sites. It wasn’t clear if there were any other finalists...
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FILE - In this May 8, 2020, file photo, a J.C. Penney store sits closed in Roseville, Mich. The coronavirus pandemic has pushed troubled department store chain J.C. Penney into Chapter 11 bankruptcy. It is the fourth major retailer to meet that fate. Penney said late Friday, May 15, 2020, it will be closing some stores and will be disclosing details and timing in the next few weeks. (AP Photo/Paul Sancya, File)
The Associated Press
May 15, 2020 - 7:57 pm
NEW YORK (AP) — The coronavirus pandemic has pushed the storied but troubled department store chain J.C. Penney into Chapter 11 bankruptcy. It is the fourth major retailer to meet that fate. As part of its reorganization, the 118-year-old company said late Friday it will be shuttering some stores...
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FILE - In this Dec. 5, 2011 file photo, Yannick Nezet-Seguin, the music director for The Philadelphia Orchestra, poses for a portrait in Philadelphia. Nézet-Séguin’s income from the Metropolitan Opera in his first season as music director was about a quarter of what James Levine earned in his last full season as music director emeritus. His compensation in the 2018-19 fiscal year was $392,152, according to the company’s tax return released Friday. (AP Photo/Alex Brandon, File)
May 15, 2020 - 6:40 pm
NEW YORK (AP) — Yannick Nézet-Séguin’s earned $392,152 during his first portion of his first season as the Metropolitan Opera's music director, about a quarter of what James Levine earned in his last full season as music director emeritus. Nézet-Séguin’s compensation in the 2018-19 fiscal year...
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FILE - This July 7, 2010, file photo shows Nebraska's lethal injection chamber at the State Penitentiary in Lincoln, Neb. Nebraska prison officials cannot withhold public records that reveal where they purchased their supply of lethal injection drugs, the state's highest court ruled Friday, May 15, 2020, as it ordered the documents to be disclosed for public scrutiny. (AP Photo/Nate Jenkins, File)
May 15, 2020 - 11:49 am
OMAHA, Neb. (AP) — Nebraska prison officials cannot withhold public records that reveal where they purchased their supply of lethal injection drugs, the state's highest court said Friday in a ruling that could threaten Nebraska's ability to carry out executions for the dozen men on its death row...
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FILE - In this Nov. 8, 2019, file photo, Akron's Tyler Cheese is defended by West Virginia's Taz Sherman during an NCAA college basketball game in Morgantown, W.Va. Akron is dropping men’s golf and cross country and women’s tennis in cost-cutting moves due to the COVID-19 pandemic. The school said the reduction will take effect at the end of the 2019-20 academic year. (AP Photo/Kathleen Batten, File)
May 14, 2020 - 4:22 pm
In one part of the country, LSU coach Ed Orgeron smiles and mentions a “light at the end of the tunnel” as he discusses his assistants' recent return to work at football headquarters, and university plans to welcome players back to campus as early as June 1. Some 1,000 miles north at Akron, women's...
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FILE - In this March 16, 2020 file photo, a patient receives a shot in the first-stage safety study clinical trial of a potential vaccine for COVID-19, the disease caused by the new coronavirus, at the Kaiser Permanente Washington Health Research Institute in Seattle. In a press briefing on Thursday May 14, 2020, the European Medicines Agency predicted that there could be licensed drugs to treat the new coronavirus in the next few months and that a vaccine might even be approved in early 2021, in a “best-case scenario.” (AP Photo/Ted S. Warren, File)
May 14, 2020 - 6:19 am
LONDON (AP) — The European Medicines Agency predicted that there could be licensed drugs to treat the new coronavirus in the next few months and that a vaccine might even be approved in early 2021, in a “best-case scenario.” Dr. Marco Cavaleri, who heads the European regulator’s vaccines department...
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This photo shows vehicles in the parking lot of the Tesla electric car plant Wednesday, May 13, 2020, in Fremont, Calif. The Alameda County Public Health Department announced on Twitter late Tuesday that the Fremont, California, plant will be able to go beyond basic operations this week and start making vehicles Monday, as long as it delivers on worker safety precautions that it agreed to. (AP Photo/Ben Margot)
May 13, 2020 - 4:25 pm
DETROIT (AP) — It appears the dispute between Tesla and San Francisco Bay Area authorities over the reopening of a factory in the face of shutdown orders appears to have ended. The Alameda County Public Health Department announced on Twitter late Tuesday that the Fremont, California, plant will be...
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Children wearing face masks for protection against the coronavirus, play on swings in Kugulu public garden, in Ankara, Turkey, Wednesday, May 13, 2020. Parks filled with the sound of children as Turkey allowed those aged 14 and under to leave homes for the first time in 40 days. The country's youngest population were allowed to venture out for four hours between 11:00 am and 3:00 pm on Wednesday as Turkey eased some restrictions in place to fight to coronavirus outbreak.(AP Photo/Burhan Ozbilici)
May 13, 2020 - 12:31 pm
ANKARA, Turkey (AP) — Turkey's parks filled with the sound of children Wednesday as the government allowed people ages 14 and under to leave home for the first time in 40 days. As the Turkish government continues to loosen some of its coronavirus restrictions, the country's youngest residents may...
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May 13, 2020 - 11:48 am
OMAHA, Neb. (AP) — U.S. meat exports are surging even as the industry is struggling to meet domestic demand because of coronavirus outbreaks at processing plants that have sickened hundreds of workers and caused companies to scramble to improve conditions. Although the situation could cause concern...
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FILE - In this May 22, 2013, file photo, Sony's logo is seen outside the company's headquarters in Tokyo. Japanese electronics and entertainment company Sony Corp. reported Wednesday that its quarterly profit tumbled as the coronavirus pandemic delayed music and movie releases and disrupted product supply chains. (AP Photo/Itsuo Inouye, File)
May 13, 2020 - 3:34 am
TOKYO (AP) — Japanese electronics and entertainment company Sony Corp. reported Wednesday that its quarterly profit tumbled as the coronavirus pandemic delayed music and movie releases and disrupted product supply chains. Tokyo-based Sony's profit in January-March crashed 86% to 12.6 billion yen ($...
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