Corporate news

A man takes a picture next the ancient Parthenon temple at the Acropolis hill of Athens, on Monday, May 18, 2020. Greece reopened the Acropolis in Athens and other ancient sites Monday, along with high schools, shopping malls, and mainland travel in the latest round of easing pandemic restrictions imposed in late March. (AP Photo/Petros Giannakouris)
May 18, 2020 - 9:16 am
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: — German foreign minister pledges cooperation on...
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In this Oct. 8, 2019 photo, a person walks by a SoftBank shop in Tokyo. Japanese technology company SoftBank Group Corp. racked up a loss of 961.6 billion yen ($9 billion) for the fiscal year through March, on red ink related to its Vision Fund investments, including troubled office space-sharing venture WeWork. (AP Photo/Eugene Hoshiko)
May 18, 2020 - 5:22 am
TOKYO (AP) — Japanese technology company SoftBank Group Corp. racked up a loss of 961.6 billion yen ($9 billion) for the fiscal year through March, on red ink related to its Vision Fund investments including troubled office space-sharing venture WeWork. SoftBank, founded in 1981, said Monday the...
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FILE - In this May 15, 2019, file photo, founder of Alibaba group Jack Ma arrives for the Tech for Good summit in Paris. Chinese billionaire Jack Ma is stepping down from the board of SoftBank Group Corp., as the Japanese technology company struggles over its risky investments such as office-sharing venture WeWork. (AP Photo/Thibault Camus, File)
May 18, 2020 - 1:56 am
TOKYO (AP) — Chinese billionaire Jack Ma is stepping down from the board of SoftBank Group Corp., as the Japanese technology company struggles over its risky investments such as office-sharing venture WeWork. Tokyo-based SoftBank announced Ma's resignation Monday, ahead of releasing financial...
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A United Launch Alliance Atlas V rocket lifts off from Launch Complex 41 at the Cape Canaveral Air Force Station, Sunday, May 17, 2020, in Cape Canaveral, Fla. The mission's primary payload is the X-37B spaceplane. (AP Photo/John Raoux)
May 17, 2020 - 11:13 am
CAPE CANAVERAL, Fla. (AP) — The U.S. military’s mystery space plane rocketed into orbit again Sunday, this time with an extra load of science experiments. It’s the sixth flight of an X-37B, a solar-powered plane that's flown by remote control without a crew. Officials aren't saying how long the...
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FILE - In this March 8, 2019, file photo, A logo of Huawei retail shop is seen through a handrail inside a commercial office building in Beijing. The U.S. government is imposing new restrictions on Chinese tech giant Huawei by limiting its ability to use American technology to build its semiconductors. The Commerce Department said Friday, May 15, 2020 the move aims to cut off Huawei’s undermining of existing U.S. sanctions. (AP Photo/Andy Wong, File)
May 16, 2020 - 2:38 am
BOSTON (AP) — The U.S. government has imposed new restrictions on Chinese tech giant Huawei's ability to use American technology, stepping up a conflict with Beijing over industry development and security. Commerce Secretary Wilbur Ross said Friday that Washington wants to prevent Huawei from...
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Children of migrant workers from other states wait outside a railway station to catch a train to return to their hometowns, in Mumbai, India, Friday, May 15, 2020. The pandemic has exposed India's deep economic divide as millions of migrant workers have left Indian cities with luggage bags perched on their heads and children in their arms, walking down highways in desperate attempts to reach the countryside. (AP Photo/Rafiq Maqbool)
May 16, 2020 - 12:32 am
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: — India surpasses China in coronavirus infection...
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FILE - In this April 15, 2018 file photo, the sun shines off the rear deck of a roadster on a Tesla dealer's lot in the south Denver suburb of Littleton, Colo. Tesla has picked Austin, Texas, and Tulsa, Oklahoma, as finalists for its new U.S. assembly plant, a person briefed on the matter said Friday, May 15, 2020. (AP Photo/David Zalubowski, File)
May 15, 2020 - 8:57 pm
DETROIT (AP) — Tesla has picked Austin, Texas, and Tulsa, Oklahoma, as finalists for its new U.S. assembly plant, a person briefed on the matter said Friday. The person says company officials visited Tulsa in the past week and were shown two sites. It wasn’t clear if there were any other finalists...
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FILE - In this May 8, 2020, file photo, a J.C. Penney store sits closed in Roseville, Mich. The coronavirus pandemic has pushed troubled department store chain J.C. Penney into Chapter 11 bankruptcy. It is the fourth major retailer to meet that fate. Penney said late Friday, May 15, 2020, it will be closing some stores and will be disclosing details and timing in the next few weeks. (AP Photo/Paul Sancya, File)
May 15, 2020 - 8:57 pm
NEW YORK (AP) — The coronavirus pandemic has pushed the storied but troubled department store chain J.C. Penney into Chapter 11 bankruptcy. It is the fourth major retailer to meet that fate. As part of its reorganization, the 118-year-old company said late Friday it will be shuttering some stores...
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A combo of recent images and filed on Friday May 15, 2020 of pubs that are closed due to the coronavirus pandemic. Britain's 47,000 or so pubs were told to close their doors on March 20, three days before Prime Minister Boris Johnson announced the full lockdown. The pub holds a special place in British culture, unmatched anywhere else in the world. They are key building blocks of a shared identity and shared connections from the tiniest hamlet in cider country in southwest England, to the more whisky-focused havens in Scotland's Shetland Islands. (AP Photo/Matt Dunham)
May 15, 2020 - 8:27 pm
The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed. Following are developments Friday related to national and global response, the work place and the spread of the virus. ________________________ TEUTONIC SHIFT: Germany — Europe's biggest economy —...
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FILE - This Tuesday, July 19, 2016, file photo shows the Google logo at the company's headquarters in Mountain View, Calif. Federal and state regulators in the U.S. are preparing to file antitrust lawsuits alleging Google has abused its dominance of online search and advertising to stifle competition and and boost its profits, according to a report published Friday, May 15, 2020. (AP Photo/Marcio Jose Sanchez, File)
May 15, 2020 - 8:26 pm
MOUNTAIN VIEW, Calif. (AP) — Federal and state regulators in the U.S. are preparing to file antitrust lawsuits alleging Google has abused its dominance of online search and advertising to stifle competition and and boost its profits, according to a report published Friday. The Wall Street Journal...
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