Corporate news

August 05, 2020 - 8:50 pm
JUNEAU, Alaska (AP) — President Donald Trump said Wednesday he would “listen to both sides” after his eldest son and a campaign adviser urged him to intervene to block a proposed copper and gold mine in Alaska’s Bristol Bay region. Donald Trump Jr. on Tuesday agreed with a tweet from Nick Ayers, a...
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FILE - In this March 31, 2017, file photo, Boeing employees stand near the new Boeing 787-10 at the company's facility in North Charleston, S.C. Federal officials are seeking to fine Boeing $1.25 million, saying Wednesday, Aug. 5, 2020, that company managers pressured employees who were designated to perform safety-related work at the plant. The Federal Aviation Administration said that for nearly two years Boeing made employees doing safety checks report to managers who weren't in position to oversee the work. (AP Photo/Mic Smith, File)
August 05, 2020 - 8:23 pm
Federal officials are seeking to fine Boeing $1.25 million, saying Wednesday that company managers pressured employees who were designated to perform safety-related work for the government at an aircraft factory in South Carolina. The Federal Aviation Administration said that over a nearly two-year...
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FILE - In this Oct. 31, 2019 file photo, a Fiat logo is pictured on a car in Bayonne, southwestern France. About 1 million Fiat Chrysler vehicles with four-cylinder engines in the U.S. may spew too much pollution, and the company is working with government officials on a recall. The EPA said in a statement Wednesday, Aug. 5, 2020 that the vehicles will be recalled. (AP Photo/Bob Edme, File)
August 05, 2020 - 4:44 pm
DETROIT (AP) — About 1 million Fiat Chrysler vehicles with four-cylinder engines in the U.S. may spew too much pollution, and the company is working with government officials on a recall. Fiat Chrysler says in a quarterly filing with securities regulators that it found the excess pollution during...
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Top row, Facebook CEO Mark Zuckerberg, right, Amazon CEO Jeff Bezos, second from right, and bottom row Google CEO Sundar Pichai, left, and Apple CEO Tim Cook, second from left are sworn in remotely during a House Judiciary subcommittee on antitrust on Capitol Hill on Wednesday, July 29, 2020, in Washington. (Mandel Ngan/Pool via AP)
August 05, 2020 - 12:35 pm
WASHINGTON (AP) — The House Judiciary chairman was closing in on his Perry Mason moment with Facebook CEO Mark Zuckerberg. Fortified with “hot” internal company documents, Rep. Jerrold Nadler was building his case at a hearing that seemed almost like a trial for Facebook and three other tech giants...
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President Donald Trump speaks during a briefing with reporters in the James Brady Press Briefing Room of the White House, Monday, Aug. 3, 2020, in Washington.(AP Photo/Alex Brandon)
August 05, 2020 - 12:30 pm
One of the nation’s biggest telemedicine providers will spend more than $18 billion to stoke an approach to care that grew explosively during the pandemic and recently received an endorsement from President Donald Trump. Teladoc Health Inc. plans to dive deep into managing the health of patients...
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FILE- In this Dec. 4, 2017, file photo, the CVS Health logo appears above a trading post on the floor of the New York Stock Exchange. CVS Health’s second-quarter performance beat Wall Street’s expectations as the drugstore chain and pharmacy benefits manager experienced reduced benefit costs. It raised its full-year earnings forecast. (AP Photo/Richard Drew, File)
August 05, 2020 - 7:59 am
CVS Health reported surprisingly strong second-quarter earnings as people postponed elective medical procedures during the pandemic, and it raised its profit expectations for the year. The postponed procedures led to lower benefit costs, CVS said Wednesday. The virus outbreak shut down most of the...
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FILE - In this Wednesday, March 20, 2019 file photo, BMWi car is pictured during the earnings press conference in Munich, Germany. German automaker BMW AG lost 212 million euros, $250 million, in the second quarter as the coronavirus pandemic shutdowns cut vehicle sales by a quarter in the April-June period.(AP Photo/Matthias Schrader, file)
August 05, 2020 - 5:54 am
FRANKFURT, Germany (AP) — German automaker BMW lost 212 million euros ($250 million) in the second quarter as the coronavirus pandemic shutdowns cut vehicle sales by a quarter in the April-June period. The company saw a rebound in China, its biggest market. The net loss compared with a profit of 1...
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FILE - In this July 31, 2019, file photo, people walk past a Honda car on display at Honda Motor Co. headquarters in Tokyo. Japanese automaker Honda reported Wednesday, Aug. 5, 2020, it sank into the red for the April-June quarter, as its sales plunged over the coronavirus pandemic, especially in the U.S., Japan and India. (AP Photo/Koji Sasahara, File)
August 05, 2020 - 4:29 am
TOKYO (AP) — Japanese automaker Honda reported Wednesday that it sank into the red for the April-June quarter, as its sales plunged due to the coronavirus pandemic, especially in the U.S., Japan and India. Honda Motor Co. racked up an 80.8 billion yen ($765 million) fiscal first quarter loss, a...
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People wearing face masks to help protect against the spread of the new coronavirus pass on a crosswalk on a street in Tokyo, Tuesday, Aug, 4, 2020. (AP Photo/Koji Sasahara)
August 04, 2020 - 11:21 pm
TOKYO — A governor in Japan is drawing skeptical criticism after he touted a gargling product as effective against the coronavirus, an assertion that, despite its dubiousness, emptied some store shelves of the medicine. Shares of Shionogi & Co. and Meiji Holdings Co., which make Isojin, soared...
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FILE - In this Sept. 24, 2019, file photo, former Google engineer Anthony Levandowski speaks to the media, as his attorney Miles Ehrlich stands behind him outside of a federal courthouse in San Francisco. Levandowski, a former Google engineer who helped steer the company’s self-driving car project, was sentenced Tuesday, Aug. 4, 2020, to 18 months in prison and ordered to pay more than $850,000 after pleading guilty to stealing trade secrets before joining Uber’s effort to build robotic vehicles for its ride-hailing service. (AP Photo/Michael Liedtke, File)
August 04, 2020 - 10:19 pm
SAN RAMON, Calif. (AP) — A former Google engineer has been sentenced to 18 months in prison after pleading guilty to stealing trade secrets before joining Uber's effort to build robotic vehicles for its ride-hailing service. The sentence handed down Tuesday by U.S. District Judge William Alsup came...
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