Corporate news

Home Depot customers carry their purchases as they leave the store, Friday, April 3, 2020 during the coronavirus pandemic in New York. (AP Photo/Mark Lennihan)
April 03, 2020 - 7:15 pm
The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed. Following are developments on Friday related to the global economy, the work place and the spread of the virus. ____________ COSTS MOUNT: The pandemic will cost the global economy as much as $4.1...
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FILE - This Wednesday, March 18, 2020, file photo, shows a Tesla charging station for automobiles in Port Huron, Mich. Tesla's sales of its increasingly popular electric cars got off to a fast start in the year, even though the company had to slam the brakes along with other major automakers in March 2020 because of worldwide efforts to contain the worst pandemic in a century. (AP Photo/Paul Sancya, File)
April 02, 2020 - 7:51 pm
BERKELEY, Calif. (AP) — Tesla's sales of its increasingly popular electric cars got off to fast start this year, even though the company had to slam the brakes along with other major automakers last month because of worldwide efforts to contain the worst pandemic in a century. The Palo Alto,...
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FILE - In this March 25, 2011, file photo, workers gather near the Unit 2 reactor which is undergoing re-fueling during a tour of the Browns Ferry nuclear plant in Athens, Ala. U.S. nuclear plants will be allowed to keep workers on longer shifts to deal with staffing problems in the coronavirus pandemic. Nuclear Regulatory Commission officials outlined the temporary shift extensions to nuclear power officials on Thursday, April 2, 2020. (AP Photo/Dave Martin, File)
April 02, 2020 - 3:55 pm
WASHINGTON (AP) — U.S. nuclear plants will be allowed to keep workers on longer shifts to deal with staffing problems in the coronavirus pandemic, raising worries among watchdogs and some families living near reactors that employee exhaustion will increase the risks of accidents. The Nuclear...
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FILE - In this Dec. 1, 2019 file photo, Parliament Speaker Ali Larijani gives a press conference in Tehran, Iran. Iran's parliament said Thursday, April 2, 2020 that speaker Ali Larijani has tested positive for the new coronavirus and is in quarantine. (AP Photo/Vahid Salemi, File)
April 02, 2020 - 3:12 pm
TEHRAN, Iran (AP) — Iran’s parliament speaker has contracted the new coronavirus, the country's highest-ranking government figure yet to catch the disease, while in Israel, several top officials entered quarantine when the health minister tested positive on Thursday. Iran's parliament announced Ali...
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FILE - In this Dec. 20, 2018, file photo Juul products are displayed at a smoke shop in New York. The Federal Trade Commission on Wednesday, April 1, 2020, sued to break up the multibillion-dollar partnership between tobacco giant Altria and e-cigarette startup Juul Labs. In a legal filing Wednesday, the watchdog agency said the financial and business dealings between the companies amounted to an agreement not to compete.(AP Photo/Seth Wenig, File)
April 02, 2020 - 11:07 am
WASHINGTON (AP) — U.S. business regulators are suing to break up the multibillion-dollar deal between tobacco giant Altria and e-cigarette startup Juul Labs, saying their partnership amounted to an agreement not to compete in the U.S. vaping market. The action announced late Wednesday by the...
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FILE - This Oct. 15, 2019, file photo shows a WeWork logo at the entrance to one of their office spaces in the SoHo neighborhood of New York. Japanese technology company SoftBank Group Corp. ended on Thursday, April 2, 2020, its tender offer of up to $3 billion worth of shares in office-space rental venture WeWork. (AP Photo/Mary Altaffer, File)
April 02, 2020 - 3:38 am
TOKYO (AP) — Japanese technology company SoftBank Group Corp. called off its offering of up to $3 billion worth of shares in office-space rental venture WeWork, though it remains committed to its $5 billion bailout of the financially troubled company. The main loser in the offer's failure is WeWork...
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FILE - In this Feb. 1, 2020, file photo, funeral home workers remove the body of a person suspected to have died from the coronavirus outbreak from a residential building in Wuhan in central China's Hubei Province. Skepticism about China’s reported coronavirus cases and deaths has swirled throughout the crisis, fueled by official efforts to quash bad news in the early days and a general distrust of the government. In any country, getting a complete picture of the infections amid the fog of war is virtually impossible. (Chinatopix via AP, File)
April 01, 2020 - 11:37 pm
The Latest on the coronavirus pandemic. The new coronavirus causes mild or moderate symptoms for most people. For some, especially older adults and people with existing health problems, it can cause more severe illness or death. TOP OF THE HOUR: ___ — Tunisia proposes UN Security Council resolution...
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Wearing a mask amid concerns of the spread of COVID-19 a woman pushes a basket full of groceries out of a store in Richardson, Texas, Wednesday, April 1, 2020. (AP Photo/LM Otero)
April 01, 2020 - 8:58 pm
The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed. Following are developments on Wednesday related to the global economy, the work place and the spread of the virus. ________ THINGS WE VALUED: The outbreak has reshuffled the pecking order of what holds...
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FILE - This March 16, 2020, file photo shows the Oculus at the World Trade Center's transportation hub in New York. Census Day, the April 1 reference day for the once-a-decade effort to count everyone in the U.S., arrived Wednesday with a nation almost paralyzed by the spread of the novel coronavirus, but census officials vowed the job would be completed by its year-end deadline. (AP Photo/Mark Lennihan, File)
April 01, 2020 - 5:54 pm
ORLANDO, Fla. (AP) — Census Day — the date used to determine where a person lives for the once-a-decade count — arrived Wednesday with a nation almost paralyzed by the spread of the coronavirus. But census officials vowed the job would be completed by its year-end deadline. The virus's spread...
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Sen. Kelly Loeffler, R-Ga., waits to speak during a television interview on Capitol Hill in Washington, Friday, March 20, 2020. (AP Photo/Susan Walsh)
April 01, 2020 - 5:47 pm
WASHINGTON (AP) — The husband of Georgia Sen. Kelly Loeffler recently acquired as much as $415,000 in stock in DuPont de Nemours, a chemical company that manufactures protective equipment in exceedingly high demand because of the coronavirus pandemic. The transaction, detailed in a mandatory...
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