Corporate news

Former Nissan Chairman Carlos Ghosn speaks to Japanese media during an interview in Beirut, Lebanon, Friday, Jan. 10, 2020. A lawyer for Carlos Ghosn, Nissan's former chairman who skipped bail in Japan and fled to Lebanon, on Friday slammed a gaffe by the Japanese justice minister who said that Ghosn should “prove" his innocence. Ghosn, who was awaiting trial on financial misconduct charges, fled Tokyo and appeared in Beirut Dec. 30. (Meika Fujio/Kyodo News via AP)
January 17, 2020 - 4:40 am
TOKYO (AP) — The legal team of Nissan's former chairman Carlos Ghosn issued a statement Friday refuting the latest allegations by the Japanese automaker against the fugitive businessman. Nissan Motor Co. on Thursday filed a new set of allegations to the Tokyo Stock Exchange against Ghosn, who...
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FILE - In this Oct. 24, 2019, file photo, Junichiro Hironaka, a lawyer of former Nissan Chairman Carlos Ghosn, attends a press conference in Tokyo. Hironaka, one of the Japanese lawyers for former Nissan Chairman Carlos Ghosn has stepped down from that job after Ghosn fled the country. His move, announced Thursday, Jan. 16, 2020, was widely expected after Ghosn fled to Lebanon late last month. (AP Photo/Koji Sasahara, File)
January 17, 2020 - 3:51 am
TOKYO (AP) — The legal team of Nissan's former chairman Carlos Ghosn issued a statement Friday refuting the latest allegations by the Japanese automaker against the fugitive businessman. Nissan Motor Co. on Thursday filed a new set of allegations to the Tokyo Stock Exchange against Ghosn, who...
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FILE - In this Wednesday, Aug. 8, 2018, file photo, Republican U.S. Rep. Christopher Collins, center, is surrounded by reporters as he leaves federal court, in New York. On Friday, Jan. 17, 2020, U.S. District Judge Vernon Broderick in Manhattan will sentence Collins for conspiring in an insider trading scheme. (AP Photo/Mary Altaffer, File)
January 17, 2020 - 1:12 am
NEW YORK (AP) — A judge must decide the fate of former U.S. Rep. Christopher Collins after his lawyers and prosecutors disagreed over how he should be punished for conspiring in an insider trading scheme. U.S. District Judge Vernon Broderick in Manhattan will sentence the 69-year-old Republican on...
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This undated image released by the House Judiciary Committee from documents provided by Lev Parnas to the committee in the impeachment probe against President Donald Trump, shows a photo of Lev Parnas with Trump in Florida. Parnas, a close associate of Trump's personal lawyer Rudy Giuliani is claiming Trump was directly involved in the effort to pressure Ukraine to investigate Democratic rival Joe Biden. Trump on Thursday, Jan. 16, 2020, repeated denials that he is acquainted with Parnas, despite numerous photos that have emerged of the two men together. (House Judiciary Committee via AP)
January 16, 2020 - 11:03 pm
WASHINGTON (AP) — A close associate of President Donald Trump's personal lawyer Rudy Giuliani is claiming Trump was directly involved in the effort to pressure Ukraine to investigate Democratic rival Joe Biden. Lev Parnas says he delivered an ultimatum in May, at Giuliani's behest, to the incoming...
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This undated image released by the House Judiciary Committee from documents provided by Lev Parnas to the committee in the impeachment probe against President Donald Trump, shows a photo of Lev Parnas with Trump in Florida. Parnas, a close associate of Trump's personal lawyer Rudy Giuliani is claiming Trump was directly involved in the effort to pressure Ukraine to investigate Democratic rival Joe Biden. Trump on Thursday, Jan. 16, 2020, repeated denials that he is acquainted with Parnas, despite numerous photos that have emerged of the two men together. (House Judiciary Committee via AP)
January 16, 2020 - 7:00 pm
WASHINGTON (AP) — A close associate of President Donald Trump's personal lawyer Rudy Giuliani is claiming Trump was directly involved in the effort to pressure Ukraine to investigate Democratic rival Joe Biden. Lev Parnas says he delivered an ultimatum in May, at Giuliani's behest, to the incoming...
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FILE - In this Jan. 10, 2020, file photo specialist Meric Greenbaum, center, works at his post on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EST on Thursday, Jan. 16. (AP Photo/Richard Drew, File)
January 16, 2020 - 5:43 pm
Another rally on Wall Street powered stock indexes to more records Thursday. The S&P 500, Dow Jones Industrial Average and Nasdaq composite notched all-time highs, extending the market's gains after a strong start to the year. A batch of solid economic data injected more optimism into markets a...
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January 16, 2020 - 5:25 pm
NEW YORK (AP) — Gap Inc. says it no longer intends to spin off Old Navy as a separate public company. The retailer said Thursday that its board scuttled the move after determining it would be too costly and complex, especially given the company's recent struggles. Its stock was up about 7% in after...
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In this Oct. 14, 2019 photo a CSX locomotive rests on railroad tracks at a rail yard, in Framingham, Mass. CSX Corp. reports financial results Thursday, Jan. 16, 2020. (AP Photo/Steven Senne)
January 16, 2020 - 5:03 pm
OMAHA, Neb. (AP) — CSX said its profit declined 9% in the fourth quarter as the railroad hauled 7% less freight. The Jacksonville, Florida, based railroad said Thursday it earned $771 million, or 99 cents per share, in the quarter. That's down from $843 million, or $1.01 per share, a year ago. The...
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January 16, 2020 - 4:49 pm
NEW YORK (AP) — Gap Inc. says it no longer intends to spin off Old Navy as a separate entity. The company said Thursday that its board scuttled the move after determining it would be too costly and complex, especially given the retailer's recent struggles. The company announced in February 2019...
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FILE - In this Dec. 2, 2019, file photo, Lev Parnas arrives at court in New York. Parnas, a close associate of President Donald Trump's personal lawyer, Rudy Giuliani, has provided a trove of text messages and photos to the House committee leading the impeachment inquiry. (AP Photo/Seth Wenig, File)
January 16, 2020 - 4:48 pm
WASHINGTON (AP) — A close associate of President Donald Trump's personal lawyer Rudy Giuliani is claiming Trump was directly involved in the effort to pressure Ukraine to investigate Democratic rival Joe Biden. Lev Parnas says he delivered an ultimatum in May, at Giuliani's behest, to the incoming...
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