Asset sales

FILE - In this Aug. 27, 2018 file photo, Russian President Vladimir Putin, left, listens to Russian Rosneft CEO Igor Sechin during his flight to visit Chernigovets coal mine, in Beryozovsky, Kemerovo region, Russia. On Tuesday, Feb. 18, 2020, the Treasury Department slapped sanctions on Rosneft’s trading arm and its CEO, accusing the Geneva-based firm of providing a critical lifeline to Venezuela’s President Nicolas Maduro. (Alexei Druzhinin, Sputnik, Kremlin Pool Photo via AP, File)
March 28, 2020 - 7:55 pm
MOSCOW (AP) — Russia's Rosneft has transferred its assets in Venezuela to a company fully owned by Vladimir Putin's government, a move apparently intended to shield Russia's largest oil producer from U.S. sanctions while Moscow continues showing support for Venezuelan President Nicolás Maduro in...
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Scott Mitchell fills a box with toilet paper at the Tissue Plus factory, Wednesday, March 18, 2020, in Bangor, Maine. The new company has been unexpectedly busy because of the shortage of toilet paper brought on by hoarders concerned about the coronavirus. (AP Photo/Robert F. Bukaty)
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March 23, 2020 - 8:20 am
PORTLAND, Maine (AP) — There's no denying Tissue Plus is on a roll. As luck would have it, the company launched production of toilet paper a couple of weeks ago — just as the reality of the coronavirus outbreak was starting to hit the U.S. Consumers began stocking up on the basic necessity in the...
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March 23, 2020 - 4:42 am
BANKGOK (AP) — The Japanese technology and telecoms company SoftBank said Monday it plans to buy back up to 4.5 trillion yen ($41 billion) of its assets as it seeks to trim its gigantic debt burden. The company's founder, Masayoshi Son, said the move reflected “the firm and unwavering confidence we...
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FILE - In this Friday, Oct. 25, 2019, file photo, White House senior adviser Jared Kushner boards Air Force One at Andrews Air Force Base, Md., for a trip to Columbia, S.C., with President Donald Trump. Kushner has sold his stake in a company investing in “Opportunity Zone" projects offering tax breaks he had personally lobbied for in Washington, sparking criticism that he was benefiting from his White House role. (AP Photo/Evan Vucci, File)
March 02, 2020 - 8:06 pm
NEW YORK (AP) — President Donald Trump's son-in-law and adviser Jared Kushner has sold his stake in a company investing in Opportunity Zone projects offering tax breaks he had personally lobbied for in Washington, sparking criticism that he was benefiting from his White House role. A filing at the...
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White House senior adviser Jared Kushner speaks during Conservative Political Action Conference, CPAC 2020, at the National Harbor, in Oxon Hill, Md., Friday, Feb. 28, 2020. (AP Photo/Jose Luis Magana)
March 02, 2020 - 8:02 pm
NEW YORK (AP) — President Donald Trump's son-in-law and adviser Jared Kushner has sold his stake in a company investing in Opportunity Zone projects offering tax breaks he had personally lobbied for in Washington, sparking criticism that he was benefiting from his White House role. A filing at the...
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FILE - In this Sep. 21, 2018, file photo, fire investigators pause while searching the debris at a home which exploded following a gas line failure in Lawrence, Mass. The U.S. Attorney's office in Boston announced Wednesday, Feb. 26, 2020, that Columbia Gas Columbia agreed to plead guilty to violating the Pipeline Safety Act following an investigation into the catastrophic gas explosions. (AP Photo/Charles Krupa, File)
February 26, 2020 - 9:10 pm
BOSTON (AP) — A utility company will pay the largest criminal fine ever imposed for breaking a federal pipeline safety law — $53 million — and plead guilty to causing a series of natural gas explosions in Massachusetts that killed one person and damaged dozens of homes, federal officials said...
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Democratic presidential candidate and former New York City Mayor Michael Bloomberg speaks during a campaign rally at the Buffalo Soldier Museum in Houston, Thursday, Feb. 13, 2020. Houston Mayor Sylvester Turner stands at right. (Elizabeth Conley/Houston Chronicle via AP)
February 18, 2020 - 9:09 pm
SACRAMENTO, Calif. (AP) — Mike Bloomberg would sell the financial data and media company he created in the 1980s — which bears his name and made him a multibillionaire — if he is elected U.S. president, a top adviser said Tuesday. Bloomberg would put Bloomberg LP into a blind trust, and the trustee...
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February 18, 2020 - 8:24 am
SAN MATEO, Calif. (AP) — Franklin Resources is buying competitor Legg Mason for $4.5 billion, creating a financial company with a combined $1.5 trillion in assets under management. Franklin Resources Inc., which operates as Franklin Templeton, said Tuesday that it will pay $50 for each Legg Mason...
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February 18, 2020 - 8:00 am
SAN MATEO, Calif. (AP) — Franklin Resources is buying competitor Legg Mason for $4.5 billion, creating a financial company with a combined $1.5 trillion in assets under management. Franklin Resources Inc., which operates as Franklin Templeton, said Tuesday that it will pay $50 for each Legg Mason...
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FILE - In this Feb. 19, 2017, file photo, Wei Jianjun, chairman of Great Wall Motors Ltd., gestures as he speaks during an event celebrating it sales passing the one million mark, at the Great Wall headquarters in Baoding in north China's Hebei province. General Motors decision to pull out of Australia, New Zealand and Thailand as part of a strategy to exit markets that don't produce adequate returns on investments raised dismay Monday, Feb. 17, 2020 from officials concerned over job losses. The words behind reads "By 2020, Haval SUV sales will pass 2 million, become the world's biggest specialty SUV brand." (AP Photo/Andy Wong)
February 17, 2020 - 7:29 am
DETROIT (AP) — General Motors decision to pull out of Australia, New Zealand and Thailand as part of a strategy to exit markets that don't produce adequate returns on investments raised dismay Monday from officials concerned over job losses. The company said in a statement Sunday that it plans to...
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