Corporate news

People wearing face masks walk by an electronic stock board of a securities firm in Tokyo, Monday, Aug. 3, 2020. Asian shares were mixed on Monday, as investors watched surging numbers of new coronavirus cases in the region, including in Japan. (AP Photo/Koji Sasahara)
August 03, 2020 - 5:19 am
TOKYO (AP) — Global shares were mixed on Monday as investors weighed risks from rising coronavirus cases with hopes for a recovery in some places like China. U.S. Secretary of State Mike Pompeo's weekend comments that President Donald Trump plans to take action on a what he sees as a broad array of...
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FILE - In this Jan. 2, 2019, file photo, women peer in the front door of Lord & Taylor's flagship Fifth Avenue store which closed for good in New York. New York landmark retailer Lord & Taylor has filed for bankruptcy, joining a growing list of retailers flummoxed by the pandemic. (AP Photo/Kathy Willens, File)
August 03, 2020 - 4:19 am
NEW YORK (AP) — Lord & Taylor, one of America's oldest department stores, has filed for bankruptcy, joining a growing list of stores slammed by the coronavirus pandemic. Tailored Brands, the parent company of Men's Wearhouse and Jos. A. Banks, filed for bankruptcy as well. Many of the companies...
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FILE - In this Aug. 28, 2015, file photo, people walk past a branch of HSBC bank in London. Europe’s biggest bank, HSBC, has reported Monday, Aug. 3, 2020, its net profit plummeted 96% in the second quarter of this year as lower interest rates combined with the downturn due to the coronavirus pandemic stunted business activity. (AP Photo/Frank Augstein, File)
August 03, 2020 - 2:47 am
LONDON (AP) — Europe’s biggest bank, HSBC, said Monday that its net profit plummeted 96% in the second quarter of this year as lower interest rates combined with the downturn due to the coronavirus pandemic tool hold. The bank's net profit was $192 million in the April-June quarter, down from $4.37...
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People wearing face masks walk by an electronic stock board of a securities firm in Tokyo, Monday, Aug. 3, 2020. Asian shares were mixed on Monday, as investors watched surging numbers of new coronavirus cases in the region, including in Japan. (AP Photo/Koji Sasahara)
August 03, 2020 - 2:22 am
TOKYO (AP) — Asian shares were mixed on Monday as investors eyeballed surging coronavirus cases in the region. U.S. Secretary of State Mike Pompeo's weekend comments that President Donald Trump plans to take action on a what he sees as a broad array of national security risks presented by software...
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A man wearing a shirt promoting TikTok is seen at an Apple store in Beijing on Friday, July 17, 2020. U. S. President Donald Trump says he wants to take action to ban TikTok, a popular Chinese-owned video app that has been a source of national security and censorship concerns. (AP Photo/Ng Han Guan)
August 02, 2020 - 9:05 pm
NEW YORK (AP) — Microsoft confirmed Sunday it is in talks with Chinese company ByteDance to acquire the U.S. arm of its popular video app TikTok and has discussed with President Donald Trump his concerns about security and censorship surrounding such an acquisition. In a statement, Microsoft said...
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August 02, 2020 - 4:41 am
BERLIN (AP) — Germany-based Siemens Healthineers said Sunday it will buy U.S. cancer therapy and research company Varian in a deal worth around $16.4 billion. Siemens Healthineers, in which industrial conglomerate Siemens holds a majority stake, said it will buy all shares in Varian Medical Systems...
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August 01, 2020 - 4:18 pm
NEW YORK (AP) — President Donald Trump says he wants to take action to ban TikTok, a popular Chinese-owned video app that has been a source of national security and censorship concerns. The threat comes as Microsoft Corp. is in advanced talks to buy the Chinese app, owned by Bytedance Ltd.,...
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FILE - This Feb. 25, 2020, file photo, shows the icon for TikTok in New York. President Donald Trump will order China’s ByteDance to sell its hit video app TikTok because of national-security concerns, according to reports published Friday, July 31, 2020. “We are looking at TikTok," Trump told reporters Friday at the White House. "We may be banning TikTok.” (AP Photo/File)
August 01, 2020 - 2:50 pm
NEW YORK (AP) — Microsoft is in advanced talks to buy the U.S. operations of TikTok, the popular Chinese-owned video app that has been a source of national security and censorship concerns, according to a person familiar with the discussions who spoke only on condition of anonymity because of the...
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August 01, 2020 - 11:34 am
Federal health officials say an outbreak of salmonella infecting nearly 400 people in more than 30 states has been linked to red onions, and identified a California company as the likely source. The Food and Drug Administration said in a statement on Friday that Thomson International Inc. of...
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FILE - This March 11, 2019 file photo, shows the north entrance of the Trump International in Washington. A financial disclosure report released Friday, July 31, 2020, shows that revenue at President Donald Trump’s Washington D.C. hotel and several of his biggest clubs and resorts mostly held steady last year before the coronavirus forced many to shut their doors and lay off workers. (AP Photo/Mark Tenally, File)
August 01, 2020 - 12:58 am
NEW YORK (AP) — Revenue at President Donald Trump’s Washington, D.C., hotel and several of his biggest clubs and resorts mostly held steady last year before the coronavirus forced many to shut their doors and lay off workers, according to a financial disclosure report released Friday. Trump's D.C...
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