Corporate news

FILE - In this Wednesday, Jan. 24, 2018, file photo, people walk through the hall outside of the SHOT Show gun show in Las Vegas. The gun industry is gathering for its annual conference, in January 2020, amid a host of uncertainty: slumping gun sales, a public increasingly agitating for restrictions on access to firearms and a presidential campaign that threatens gun rights like perhaps no other time in modern American history. (AP Photo/John Locher, File)
January 19, 2020 - 12:43 pm
LAS VEGAS (AP) — Gun companies are gathering for their annual conference and trade show this week in Las Vegas at a pivotal moment for the industry amid slumping sales, a public increasingly agitating for restrictions on access to firearms and escalating tensions over gun control efforts. The event...
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FILE - In this Aug. 7, 2018, file photo, Kansas City Royals owner David Glass reacts as he watches batting practice before the team's baseball game against the Chicago Cubs at Kauffman Stadium in Kansas City, Mo. Former Walmart Inc. chief executive Glass, who owned the Royals for nearly two decades before selling the franchise last fall, died last week of complications form pneumonia. He was 84. (AP Photo/Colin E. Braley, File)
January 17, 2020 - 10:42 pm
KANSAS CITY, Mo. (AP) — Former Walmart Inc. chief executive David Glass, who owned the Kansas City Royals for nearly two decades before selling the franchise last fall, died last week of complications from pneumonia. He was 84. The Glass family said the businessman died Jan. 9. He had been dealing...
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Members of the Ngabe Bugle indigenous group sit at their home in the jungle community of El Terron, Panama, Friday, Jan. 17, 2020. A pregnant woman, five of her children and a neighbor where round up by about 10 lay preachers at the hamlet on Monday and tortured, beaten, burned and hacked with machetes to make them "repent their sins", authorities said. (AP Photo/Arnulfo Franco)
January 17, 2020 - 10:34 pm
EL TERRÓN, Panama (AP) — Indigenous farmer Josué González recalled how his pregnant wife and children were taken from their home by cult members in the remote hamlet of El Terrón in Panama. González was out working his fields of taro and rice Monday when the lay preachers of the “The New Light of...
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Former U.S. Rep. Chris Collins arrives at federal court for sentencing Friday, Jan. 17, 2020, in New York. Collins pleaded guilty last fall to insider trading and lying to the FBI. (AP Photo/Seth Wenig)
January 17, 2020 - 10:29 pm
NEW YORK (AP) — The first member of Congress to endorse Donald Trump to be president was sentenced Friday to two years and two months in federal prison after admitting he helped his son and others dodge $800,000 in stock market losses when he learned that a drug trial by a small pharmaceutical...
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FILE - In this April 3, 2019, file photo, Alan Horn, chairman of The Walt Disney Studios, speaks underneath poster images for 20th Century Fox films during the Walt Disney Studios Motion Pictures presentation at CinemaCon 2019, the official convention of the National Association of Theatre Owners (NATO) at Caesars Palace in Las Vegas. Disney is dropping the word “Fox” from the movie studios it acquired as part of last year's $71 billion purchase of Fox's entertainment business, according to published reports. According to trade publication Variety, 20th Century Fox will become 20th Century Studios, while Fox Searchlight Pictures will be Searchlight Pictures. Disney will still run them as separate studios within the company. (Photo by Chris Pizzello/Invision/AP, File)
January 17, 2020 - 5:02 pm
NEW YORK (AP) — Disney is dropping the word “Fox” from the movie studios it acquired as part of last year's $71 billion purchase of Fox's entertainment business, according to published reports. Disney will still run them as separate studios within the company. But trade publication Variety reported...
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January 17, 2020 - 4:52 pm
DETROIT (AP) — BMW is recalling nearly 357,000 older vehicles in the U.S. to replace dangerous Takata front air bag inflators. The inflators are among 10 million sold to 14 automakers that Takata is recalling. It's the last recall that the bankrupt Takata agreed to in a 2015 settlement with U.S...
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FILE - In this Nov. 30, 2012 file photo Chief Executive Officer of (RED), Deborah Dugan poses for a portrait in New York. Dugan, the Recording Academy CEO who the company announced Thursday, Jan. 16, 2020, was placed on administrative leave, has fired back in a statement through her lawyer, saying: “What has been reported is not nearly the story that needs to be told." The academy said late Thursday that its leader of just six months was put on leave following an allegation of misconduct by a senior leader at the organization - just 10 days before the 2020 Grammy Awards. (Photo by Amy Sussman/Invision/AP, File)
January 17, 2020 - 4:46 pm
NEW YORK (AP) — Recording Academy CEO Deborah Dugan, who the company announced Thursday was placed on administrative leave, has fired back in a statement through her lawyer, saying: “What has been reported is not nearly the story that needs to be told.” The academy said late Thursday that its...
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FILE - In this Jan. 10, 2020, file photo trader Gregory Rowe works on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EST on Friday, Jan. 17 (AP Photo/Richard Drew, File)
January 17, 2020 - 4:11 pm
Solid gains in technology and communications stocks pushed major U.S. indexes to more record highs on Wall Street Friday. Chipmaker Qualcomm jumped 4.5% and Google parent company Alphabet rose 2%. Banks also did well, driven by strong results from State Street and Citizens Financial. That came a...
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FILE - In this Oct. 31, 2019 file photo, a Fiat logo is pictured on a car in Bayonne, southwestern France. Fiat Chrysler Automobiles and PSA Peugeot announced Wednesday, Dec. 18, 2019, that their boards signed a binding deal to merge the two automakers, creating the world’s fourth-largest auto company. (AP Photo/Bob Edme, File)
January 17, 2020 - 2:34 pm
MILAN (AP) — Fiat Chrysler is in talks with the Taiwanese company Foxconn to develop and manufacture battery-powered vehicles, the U.S.-Italian automaker said Friday. Fiat Chrysler is in the process of merging with France's PSA Peugeot, which is 12% owned by Chinese company Dongfeng Motor Co. Both...
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FILE- This Sept. 30, 2016, file photo shows the logo of the Tesla model S at the Paris Auto Show in Paris, France. The U.S. government's auto safety agency is looking into allegations that all three of Tesla's electric vehicles can suddenly accelerate on their own. An unidentified person petitioned the National Highway Traffic Safety Administration asking for an investigation into the problem. The agency says the allegations include about 500,000 Tesla Model 3, Model S and Model X vehicles from the 2013 through 2019 model years. (AP Photo/Christophe Ena, File)
January 17, 2020 - 2:30 pm
DETROIT (AP) — The U.S. government's auto safety agency is looking into allegations that all three of Tesla's electric vehicle models can suddenly accelerate on their own. An unidentified person petitioned the National Highway Traffic Safety Administration asking for an investigation into the...
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