Corporate news

A small boat with two German police officers speeds over the river Main in Frankfurt, Germany, Wednesday, April 17, 2019. (AP Photo/Michael Probst)
April 25, 2019 - 4:56 am
BERLIN (AP) — Deutsche Bank and Commerzbank are halting talks on a possible merger that would have created Germany's biggest financial institution. Deutsche Bank said Thursday that "after careful analysis" its management board has concluded that a combination with its rival "would not have created...
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April 24, 2019 - 10:31 pm
LAS VEGAS (AP) — A father and son from Japan can be freed from federal custody to live with relatives in a rented Las Vegas apartment pending trial on fraud charges in what prosecutors call a $1.5 billion international Ponzi scheme, a judge decided Wednesday. U.S. Magistrate Judge Cam Ferenbach...
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FILE - In this Jan. 30, 2019 file photo, employees prune marijuana plants at a Fotmer SA, greenhouse in Nueva Helvecia, Uruguay. On April 24, 2019, Fotmer in Uruguay and another company in Colombia announced they will become the first to export legal medical marijuana products from Latin America to Europe, part of what the firms hope will become a growing trade. (AP Photo/Matilde Campodonico, File)
April 24, 2019 - 9:41 pm
MONTEVIDEO, Uruguay (AP) — Two companies from Uruguay and Colombia will become the first in Latin America to export medical marijuana products to Europe under deals announced Wednesday. Fotmer Life Sciences of Uruguay and Clever Leaves of Colombia will export cannabis extract and dried marijuana...
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The Advanced Frontal Protection device is shown directly in front of IndyCar driver Josef Newgarden as climbs into his car during auto racing testing at the Indianapolis Motor Speedway in Indianapolis, Wednesday, April 24, 2019. (AP Photo/Michael Conroy)
April 24, 2019 - 6:18 pm
INDIANAPOLIS (AP) — Will Power got his first real glimpse at IndyCar's new debris deflector Wednesday. He is still getting used to the small piece on the front of his race car. The defending Indianapolis 500 champion and 2014 series champion was one of more than two dozen drivers who spent...
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FILE - In this May 4, 2018, file photo, handguns are on display at the NRA convention in Dallas. The National Rifle Association is gathering for its 148th annual meeting beginning Thursday, April 25, 2019, in Indianapolis. (AP Photo/Sue Ogrocki, File)
April 24, 2019 - 6:17 pm
The National Rifle Association is used to battling forces that criticize its fiery and unbending efforts to protect gun rights. But as the group gathers for its annual convention this week, the NRA may be facing its toughest foe in decades: its own members. NRA insiders and longtime observers...
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This combo of file photos shows the logo for Anadarko Petroleum Corp. on the floor of the New York Stock Exchange on April 12, 2019, left, and a logo on the Occidental Petroleum building in Los Angeles on Jan. 26, 2010. A bidding war is breaking out over Anadarko Petroleum, with Occidental making an offer worth $76 per share in cash and stock that it says is about a 20% premium to Chevron's $33 billion deal. (AP Photos)
April 24, 2019 - 6:17 pm
NEW YORK (AP) — A bidding war is breaking out over Anadarko Petroleum, with Occidental making an offer that it says is about a 20% premium to Chevron's deal announced earlier this month, a rare move not often seen in the U.S. oil industry. Houston-based Occidental Petroleum Corp. said the proposed...
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FILE - In this March 28, 2018, file photo, a visitor poses for a photo with the Facebook logo reflected on her sunglasses at the company's headquarters in Menlo Park, Calif. Facebook reports earnings Wednesday, April 24, 2019. (AP Photo/Marcio Jose Sanchez, File)
April 24, 2019 - 4:41 pm
SAN FRANCISCO (AP) — Facebook said it could face a fine of up to $5 billion as the result of an investigation by the Federal Trade Commission. The agency has been investigating Facebook for possible privacy violations, but has not announced any findings yet. The company set aside $3 billion in its...
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April 24, 2019 - 11:23 am
OMENAKO, Ghana (AP) — A new drone service in Ghana will be capable of carrying medical supplies to remote corners of the West African country. The American company Zipline International and the Ghanaian government launched the first of four distribution centers on Wednesday. Eventually the network...
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FILE - In this April 10, 2019, file photo a Boeing 737 MAX 8 airplane being built for India-based Jet Airways lands following a test flight at Boeing Field in Seattle. Boeing Co. reports earnings Wednesday, April 24. (AP Photo/Ted S. Warren, File)
April 24, 2019 - 8:43 am
Boeing is pulling its 2019 forecast over 737 Max uncertainty and says it's suspending its stock buybacks. The aerospace giant also provided first quarter results on Wednesday that missed Wall Street's estimates. Boeing Co. said its previously issued full-year guidance didn't account for 737 Max...
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FILE - In this April 2, 2019, file photo, House Oversight and Reform Committee Chair Elijah Cummings, D-Md., speaks on Capitol Hill in Washington. Cummings says the White House is now in “open defiance” of his panel after lawyers advised a former official to resist a subpoena related to the committee’s investigation of White House security clearances. (AP Photo/J. Scott Applewhite)
April 24, 2019 - 8:15 am
WASHINGTON (AP) — The struggle between House Democrats and the Trump administration over investigations intensified as a former White House official defied a subpoena and the Treasury Department ignored a deadline for providing President Donald Trump's tax returns. Rep. Elijah Cummings, the...
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