Spin-offs

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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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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Residents of the Boardwalk RV Park discuss the path of a possible waterspout or tornado, generated by Hurricane Dorian, struck the area, Thursday, Sept. 5, 2019, in Emerald Isle, N.C. (Julia Wall/The News & Observer via AP)
Tim Wenger
September 05, 2019 - 3:15 pm
CHARLESTON, S.C. (AP) — Hurricane Dorian raked the Carolina coast with howling, window-rattling winds and sideways rain Thursday, spinning off tornadoes and knocking out power to more than 200,000 homes and businesses as it pushed northward toward the dangerously exposed Outer Banks. Leaving at...
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William Ellinge, of Murrells Inlet, S.C., takes photos of waves crashing on the shore in Myrtle Beach, S.C., Thursday, Sept. 5, 2019, as Hurricane Dorian moves north off the coast. (Ken Ruinard/The Independent-Mail via AP)
September 05, 2019 - 2:18 pm
CHARLESTON, S.C. (AP) — Hurricane Dorian raked the Carolina coast with howling, window-rattling winds and sideways rain Thursday, spinning off tornadoes and knocking out power to more than 200,000 homes and businesses as it pushed northward toward the dangerously exposed Outer Banks. Leaving at...
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William Ellinge, of Murrells Inlet, S.C., takes photos of waves crashing on the shore in Myrtle Beach, S.C., Thursday, Sept. 5, 2019, as Hurricane Dorian moves north off the coast. (Ken Ruinard/The Independent-Mail via AP)
September 05, 2019 - 1:52 pm
CHARLESTON, S.C. (AP) — Hurricane Dorian raked the Carolina coast with howling, window-rattling winds and sideways rain Thursday, spinning off tornadoes and knocking out power to more than 200,000 homes and businesses as it pushed northward toward the dangerously exposed Outer Banks. Leaving at...
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William Ellinge, of Murrells Inlet, S.C., takes photos of waves crashing on the shore in Myrtle Beach, S.C., Thursday, Sept. 5, 2019, as Hurricane Dorian moves north off the coast. (Ken Ruinard/The Independent-Mail via AP)
September 05, 2019 - 12:48 pm
CHARLESTON, S.C. (AP) — Hurricane Dorian raked the Carolina coast with howling, window-rattling winds and sideways rain Thursday, spinning off tornadoes and knocking out power to more than 200,000 homes and businesses as it pushed northward toward the dangerously exposed Outer Banks. Leaving at...
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In this June 5, 2019, photo, a bee pollinates a milkweed flower at the USGS Patuxent Wildlife Research Center in Laurel, Md. The Environmental Protection Agency will allow farmers to resume broad use of a pesticide over objections from beekeepers. (AP Photo/Carolyn Kaster)
July 12, 2019 - 3:26 pm
WASHINGTON (AP) — The Environmental Protection Agency will allow farmers to resume broad use of a pesticide over objections from beekeepers, citing chemical industry private studies that the agency says show the product is only a lower-level threat to bees and other wildlife. Friday's EPA...
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FILE - In this Dec. 9, 2015, file photo, the company name of Dupont appears above its trading post on the floor of the New York Stock Exchange. Chemical manufacturer Chemours says the DuPont Co. massively downplayed the cost of environmental liabilities that Chemours would be saddled after it was spun off from DuPont in 2015. A lawsuit unsealed Friday, June 28, 2019 says the maximum liability exposure figures that DuPont certified prior to the spinoff have proven to be “systematically and spectacularly wrong.” DuPont has filed a motion to dismiss the lawsuit, saying any disputes arising from the spinoff must be resolved through private arbitration. (AP Photo/Richard Drew, File)
June 28, 2019 - 6:29 pm
DOVER, Del. (AP) — The DuPont Co. massively downplayed the cost of environmental liabilities with which Chemours would be saddled when DuPont spun off its former performance chemicals unit in 2015, according to a lawsuit unsealed Friday. The maximum liability exposure figures that DuPont certified...
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June 03, 2019 - 11:34 am
WILMINGTON, Del. (AP) — It's a new day for one of America's oldest companies. The DuPont company began making gunpowder more than two centuries ago on the banks of the Brandywine River in northern Delaware. It's now the "new" DuPont, becoming an independent company again after completing separation...
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FILE- This Oct. 3, 2018, file photo shows a Tesla emblem at the Auto show in Paris. Tesla CEO Elon Musk appears poised to transform the company’s electric cars into driverless vehicles in a risky bid to realize a bold vision that he has been floating for years. The technology required to make that quantum leap is scheduled to be shown off to Tesla investors Monday, April 22, 2019, at the company’s Palo Alto, Calif., headquarters. (AP Photo/Christophe Ena, File)
April 22, 2019 - 7:56 pm
SAN FRANCISCO (AP) — Tesla CEO Elon Musk expects to start converting the company's electric cars into fully self-driving vehicles next year as part of an audacious plan to create a network of robotic taxis to compete against Uber and other ride-hailing services. The vision sketched out Monday...
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