Corporate news

February 20, 2020 - 8:04 am
NEW YORK (AP) — Shares of the company that owns Victoria's Secret are tumbling on a report that lingerie retailer is being sold for about $1.1 billion. The selling price would signify a marked decline for a brand with hundreds of stores that booked about $7 billion in revenue last year. But...
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Workers wearing protective gears spray disinfectant as a precaution against the new coronavirus at Agricultural and Wholesale Products Center in Daegu, South Korea, Thursday, Feb. 20, 2020. The mayor of the South Korean city of Daegu urged its 2.5 million people on Thursday to refrain from going outside as cases of a new virus, linked to a church congregation, spiked and he pleaded for help from the central government. (Kim Hyun-tae/Yonhap via AP)
February 20, 2020 - 7:44 am
COPENHAGEN, Denmark (AP) — The world's largest shipping company, Denmark's A.P. Moller-Maersk, said Thursday it expects the outbreak of the new coronavirus in China to hurt its 2020 earnings. The company said in its annual earnings report that the 2020 outlook “is subject to significant...
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February 20, 2020 - 7:35 am
MADRID (AP) — Police have dismantled what they say is the Europe Union’s first clandestine underground cigarette factory — four meters (13 feet) under a horse stable in southern Spain. Statements Thursday from Spanish police and Europol said 20 people from Britain, Ukraine and Lithuania were...
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FILE - In a Sept. 24, 2019 file photo, sign is shown on a Google building at their campus in Mountain View, Calif. Google is attempting to make sure people know exactly what they're signing up for when they use its online services, though it will still mean reading a lengthy document. The company updated its Terms of Service on Thursday, — it's largest update to the general use contract since 2012 — in response to a pair of court orders in Europe. (AP Photo/Jeff Chiu, File)
February 20, 2020 - 6:11 am
SAN FRANCISCO (AP) — Google is attempting to make sure people know exactly what they're signing up for when they use its online services — though that will still mean reading a lengthy document. The company updated its terms of service on Thursday — its largest update to the general use contract...
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FILE - In this Friday, May 24, 2019 file photo, Jill Ellis, coach of the United States women's national soccer team, speaks to reporters during a news conference in New York. Newly hired American men's soccer coach Gregg Berhalter earned nearly as much from the U.S. Soccer Federation in the fiscal year ending last March 31 as women's counterpart Jill Ellis. Ellis, who took over as women's coach in May 2014, had compensation of $390,409 in the fiscal year. She went on to lead the Americans to their second straight World Cup title, was voted FIFA Women's Coach of the Year, then left in October. Any bonus she earned as a result of the title likely will be listed on the next year's tax return. (AP Photo/Seth Wenig, File)
February 19, 2020 - 8:58 pm
NEW YORK (AP) — American men’s soccer coach Gregg Berhalter earned nearly as much from the U.S. Soccer Federation in his first four months than women’s counterpart Jill Ellis took home in 12. Berhalter, hired on Dec. 2, 2018, had compensation of $304,113 from the USSF in the year ending last March...
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FILE - In this Friday, May 24, 2019 file photo, Jill Ellis, coach of the United States women's national soccer team, speaks to reporters during a news conference in New York. Newly hired American men's soccer coach Gregg Berhalter earned nearly as much from the U.S. Soccer Federation in the fiscal year ending last March 31 as women's counterpart Jill Ellis. Ellis, who took over as women's coach in May 2014, had compensation of $390,409 in the fiscal year. She went on to lead the Americans to their second straight World Cup title, was voted FIFA Women's Coach of the Year, then left in October. Any bonus she earned as a result of the title likely will be listed on the next year's tax return. (AP Photo/Seth Wenig, File)
February 19, 2020 - 8:03 pm
NEW YORK (AP) — Newly hired American men's soccer coach Gregg Berhalter earned nearly as much from the U.S. Soccer Federation in the fiscal year ending last March 31 as women's counterpart Jill Ellis. Berhalter, hired on Dec. 2, 2018, had compensation of $304,113 from the USSF in the year ending...
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FILE - In this Friday, May 24, 2019 file photo, Jill Ellis, coach of the United States women's national soccer team, speaks to reporters during a news conference in New York. Newly hired American men's soccer coach Gregg Berhalter earned nearly as much from the U.S. Soccer Federation in the fiscal year ending last March 31 as women's counterpart Jill Ellis. Ellis, who took over as women's coach in May 2014, had compensation of $390,409 in the fiscal year. She went on to lead the Americans to their second straight World Cup title, was voted FIFA Women's Coach of the Year, then left in October. Any bonus she earned as a result of the title likely will be listed on the next year's tax return. (AP Photo/Seth Wenig, File)
February 19, 2020 - 7:09 pm
NEW YORK (AP) — Newly hired American men's soccer coach Gregg Berhalter earned nearly as much from the U.S. Soccer Federation in the fiscal year ending last March 31 as women's counterpart Jill Ellis. Berhalter, hired on Dec. 2, 2018, had compensation of $304,113 from the USSF in the year ending...
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February 19, 2020 - 7:05 pm
LOS ANGELES (AP) — A Southern California man charged with bilking nearly $150 million out of 70,000 investors worldwide through a phony digital currency scheme has agreed to enter a guilty plea to federal charges, it was announced Wednesday. Steven Chen, 62, of Bradbury agreed Tuesday to plead...
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February 19, 2020 - 6:49 pm
NEW YORK (AP) — Newly hired American men's soccer coach Gregg Berhalter earned nearly as much from the U.S. Soccer Federation in the fiscal year ending last March 31 as women's counterpart Jill Ellis. Berhalter, hired on Dec. 2, 2018, had compensation of $304,113 from the USSF in the year ending...
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FILE - In this Feb. 23, 2017, file photo, former New York Knicks player Charles Oakley is shown before an NBA basketball game between the Knicks and the Cleveland Cavaliers in Cleveland. A federal judge has dismissed Charles Oakley's lawsuit against executive chairman James Dolan and Madison Square Garden, stemming from the former New York Knicks forward's ejection and arrest from a game three years ago. Judge Richard J. Sullivan ruled Wednesday, Feb. 19, 2020 in U.S. District Court in Manhattan that the case “had the feel of a public relations campaign” and Oakley hadn't alleged a plausible legal claim under federal pleading standards. (AP Photo/Tony Dejak, File)
February 19, 2020 - 4:47 pm
NEW YORK (AP) — A federal judge has dismissed Charles Oakley's lawsuit against executive chairman James Dolan and Madison Square Garden, stemming from the former New York Knicks forward's ejection from a game and ensuing arrest three years ago. Judge Richard J. Sullivan ruled Wednesday in U.S...
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