Corporate management

FILE - In a Wednesday, Oct. 23, 2019 file photo, Igor Fruman arrives for his arraignment, in New York. Andrew Favorov, the No. 2 at Ukraine’s state-run gas company Naftogaz, says he sat on the red leather banquette and listened wide-eyed as the men boasted of their connections to President Donald Trump and proposed selling large quantities of liquified natural gas from Texas to Ukraine. The gas deal never came to pass, but it’s now the subject of a U.S. federal criminal investigation of the two men, Lev Parnas and Igor Fruman, and their close associate, Rudy Giuliani. (AP Photo/Mark Lennihan, File)
December 23, 2019 - 4:33 pm
KYIV, Ukraine (AP) — In a back corner of the swank H Bar in Houston, near a huge photo of Brigitte Bardot with a dangling cigarette and a deck of cards, two Russian-speaking men offered a Ukrainian gas executive what seemed like an outrageous business proposal. Andrew Favorov, the No. 2 at Ukraine’...
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FILE - In this Oct. 25, 2017, file photo, shoppers stand outside of a Bed Bath & Beyond department store at Jersey Gardens Mall in Elizabeth, N.J. Six senior executives at Bed Bath & Beyond are leaving the company as part of an extensive restructuring as the retailer tries to turnaround its business the company said Tuesday, Dec. 17, 2019. (AP Photo/Julio Cortez, File)
December 17, 2019 - 7:50 am
TRENTON, N.J. (AP) — Six senior executives are being outed at at Bed Bath & Beyond, the first major maneuver by a new CEO that the retailer recruited from Target. The chain had a three-year decline in same-store sales growth, while sales growth has dropped for three consecutive quarters. Gross...
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FILE - This combination of April 30, 2018, file photos shows signage for a Sprint store in New York's Herald Square, top, and signage at a T-Mobile store in New York. T-Mobile CEO John Legere said if his company's $26.5 billion deal to buy Sprint fails, it may have to raise prices to slow user growth and relieve stress on the T-Mobile network. He said that would be his “worst nightmare.” (AP Photo/Bebeto Matthews, File)
December 12, 2019 - 7:49 pm
NEW YORK (AP) — T-Mobile CEO John Legere said if his company's $26.5 billion deal to buy Sprint fails, it may have to raise prices to slow user growth and relieve stress on the T-Mobile network. He said that would be his “worst nightmare.” Legere's testimony came on the fourth day of a high-profile...
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FILE - In this Nov. 27, 2019, file photo Balo Balogun labels items in preparation for a holiday sale at a Walmart Supercenter in Las Vegas. On Friday, Dec. 6, the U.S. government issues the November jobs report. (AP Photo/John Locher, File)
December 06, 2019 - 5:45 pm
WASHINGTON (AP) — American businesses have complained for years that they can’t find the workers they need to fill available jobs. November’s robust hiring gain suggests that at least some have found a way to do so. With the unemployment rate now at a half-century low of 3.5%, many economists have...
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December 05, 2019 - 5:36 pm
WASHINGTON (AP) — Amazon is arguing in a court case that President Donald Trump's bias against the company harmed its chances of winning a $10 billion Pentagon contract. Amazon's legal complaint against the Pentagon is sealed. A federal judge summarized its arguments in comments released Thursday...
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FILE - In this Jan. 24, 2018 file photo, United Airlines CEO Oscar Munoz is interviewed on the floor of the New York Stock Exchange. Munoz is stepping down from his post and will become executive chairman. The airline said Thursday, Dec. 5, 2019, that President J. Scott Kirby will be its new CEO. Munoz will become executive chairman in May 2020. (AP Photo/Richard Drew, File)
December 05, 2019 - 1:39 pm
Three years after being dumped by a rival, Scott Kirby will become the next CEO of United Airlines, where he has played a key role in leading a turnaround of the once-moribund carrier. United announced Thursday that CEO Oscar Munoz will step down in May and be succeeded by Kirby, currently the...
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FILE - In this Wednesday, Oct. 30, 2019, file photo, Boeing Commercial Airplanes Vice President and Chief Engineer John Hamilton, testifies during a House Transportation and Infrastructure Committee hearing, on Capitol Hill in Washington. Hamilton who has played a key role in the company's response to the grounding of the 737 Max is retiring. Boeing said Wednesday, Dec. 4, 2019, that Hamilton planned to retire last year as chief engineer of commercial airplanes, but he stayed on to help get the Max back into service. (AP Photo/Jacquelyn Martin, File)
December 04, 2019 - 8:24 pm
CHICAGO (AP) — The Boeing engineer who has played a key role in the company's response to the grounding of the 737 Max is retiring. Boeing said Wednesday that John Hamilton planned to retire last year as chief engineer of commercial airplanes, but he stayed on to help get the Max back into service...
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FILE - This June 17, 2019, file photo shows 5-mg pills of Oxycodone. The judge overseeing the bankruptcy case of OxyContin maker Purdue Pharma will consider Wednesday, Dec. 4, 2019 whether the company's CEO should get a bonus equal to half his $2.6 million salary. (AP Photo/Keith Srakocic, File)
December 04, 2019 - 6:55 pm
WHITE PLAINS, N.Y. (AP) — More time is needed to sort out whether the CEO of OxyContin maker Purdue Pharma should receive a $1.3 million bonus next year, but the company should be allowed to pay about $35 million in bonuses to 682 other employees, the judge overseeing the company's bankruptcy case...
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December 04, 2019 - 4:30 pm
DETROIT (AP) — A retired vice president at the United Auto Workers pleaded guilty Wednesday to corruption charges, admitting he received a $250,000 kickback after arranging a contract for 58,000 watches. Joe Ashton led the union's General Motors department until July 2014 and also had a seat on the...
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FILE - In this Nov. 2, 2015, file photo Alphabet CEO Larry Page speaks at the Fortune Global Forum in San Francisco. Google co-founders Larry Page and Sergey Brin are stepping down from their roles within the parent company, Alphabet. Page who had been serving as CEO of Alphabet, and Brin, who had been president of Alphabet, will remain on the board of the company (AP Photo/Jeff Chiu, File)
December 04, 2019 - 3:43 pm
SAN FRANCISCO (AP) — Google’s co-founders are relinquishing their executive positions just as state and federal regulators, not to mention the Department of Justice and Congress, are taking a keen interest in the possible abuse of its privacy practices and market power. But their long foreshadowed...
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