Corporate news

FILE - In this Nov. 6. 2018, file photo, Democratic congressional candidate Nate McMurray makes his concession speech following his loss to Republican incumbent Chris Collins who was re-elected to New York's 27th Congressional District, in Hamburg N.Y. The special election in the Republican-leaning district pits state Sen. Chris Jacobs, a wealthy developer, against Democrat Nate McMurray, a former town supervisor who lost to Collins by about 2,500 votes two years ago.(AP Photo/Jeffrey T. Barnes, FIle)
June 20, 2020 - 10:19 am
BUFFALO, N.Y. (AP) — The U.S. House district once represented by Chris Collins is on two separate ballots Tuesday in a special election to fill out the convicted former congressional member's fourth term and in a Republican primary for the GOP line in November’s general election. The unusual...
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Zimbabwes Health Minister, Obadiah Moyo, centre, makes a court appearance accompanied by plain clothes policeman, at the magistrates courts in Harare, Saturday June 20, 2020. Moyo is facing allegations of illegally awarding a multi- million dollar contract for COVID-19 testing kits, drugs and personal protective equipment to a shadowy company. The scandal comes as health professionals including nurses and doctors in Zimbabwe are on strike demanding to be paid their salaries in U.S. dollars.(AP Photo/Tsvangirayi Mukwazhi)
June 20, 2020 - 10:18 am
HARARE, Zimbabwe (AP) — Zimbabwe’s health minister on Saturday was charged with criminal abuse of duty as a public officer, accused of illegally awarding a multi-million-dollar contract for COVID-19 medical supplies to a shadowy company that sold the government $28 face masks and other materials at...
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This May 22, 2020 photo shows the Federal Reserve building in Washington. The Federal Reserve said Monday, June 15, 2020 that it will begin purchasing corporate bonds as part of a previously-announced program to ensure companies can borrow through the bond market during the pandemic The program will purchase already-issued bonds on the open market and will seek to build a “broad and diversified” portfolio that will mimic a bond-market index. (AP Photo/Patrick Semansky)
June 19, 2020 - 7:56 pm
The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed. Following are developments Friday related to the national and global response, the work place and the spread of the virus. ________________________ STRESS TESTS: The Federal Reserve is making...
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FILE - In this Dec. 16, 2019, file photo, a sign to a Pacific Gas & Electric building is shown in San Francisco. A federal judge is expected opn Friday, June 19, 2020, to approve Pacific Gas & Electric's $58 billion plan for ending its 17-month stint in bankruptcy, clearing the way for the nation's largest utility to begin paying $25.5 billion to cover the losses in a series of horrific wildfires ignited by its long-neglected electrical grid. (AP Photo/Jeff Chiu, File)
June 19, 2020 - 7:13 pm
SAN FRANCISCO, Calif. (AP) — A federal judge on Friday said he was approving a $58 billion plan by the nation’s largest utility to end a contentious bankruptcy saga that began after Pacific Gas & Electric’s outdated equipment ignited wildfires in California that killed more than 100 people,...
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Xu Lei, head of JD Retail, second from left, sounds the gong to mark the listing of JD.com on the Hong Kong Stock Exchange at the JD.com headquarters in Beijing on Thursday, June 18, 2020. Chinese e-commerce firm JD.com's stock jumped nearly 6% on its debut in Hong Kong on Thursday after the firm raised $3.9 billion in a share sale. (AP Photo/Ng Han Guan)
June 18, 2020 - 11:21 pm
HONG KONG (AP) — JD.com's annual “618” online shopping extravaganza racked up a total of 269.2 billion yuan ($38 billion) worth of transactions, as consumers splurged during China's first major e-commerce sale since the pandemic began. This year's tally was 33% higher than last year's 201.5 billion...
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FILE - In this June 6, 2020, file photo, demonstrators protest near the White House in Washington over the death of George Floyd, a black man who was in police custody in Minneapolis. In just about any other year, Juneteenth, the holiday celebrating the day in 1865 that all enslaved black people learned they had been freed from bondage, would be marked with a cookout, a parade, or a community festival. But Juneteenth 2020 will be a day of protest in may places Friday, June 19. (AP Photo/Alex Brandon, File)
June 18, 2020 - 8:37 pm
In just about any other year, Juneteenth, the holiday celebrating the day in 1865 that all enslaved black people learned they had been freed from bondage, would be marked by African American families across the nation with a cookout, a parade, a community festival, a soulful rendition of “Lift Ev’...
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FILE - In this Oct. 24 2019, file photo, Minnesota Vikings running back Dalvin Cook walks on the field before an NFL football game against the Washington Redskins in Minneapolis. The Vikings have centered their offense around running back Dalvin Cook and praised him at every turn, but now the bill has come due. Cook is holding out of team activities until he has a new contract. (AP Photo/Bruce Kluckhohn, FIle)
June 18, 2020 - 5:31 pm
MINNEAPOLIS (AP) — Dalvin Cook logged off last week from virtual team activities with the Minnesota Vikings, no longer willing to participate until he has secured a new contract. Cook's situation is the latest standoff of sorts between an NFL team and a star running back, with the possibility of...
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In this picture taken on Thursday, June 11, 2020, Viktor Babariko, candidate presidential elections and the former head of Belgazprombank, speaks to media during a news conference in Minsk, Belarus. Belarusian authorities have taken control of a Russia-owned commercial bank that was led by a man who is now running to challenge Belarus’ authoritarian president. President Alexander Lukashenko, who is seeking a sixth term in the Aug. 9 election, has accused Belgazprombank chief executive Viktor Babariko of corruption and called him a “scoundrel.” (AP Photo/Sergei Grits)
June 18, 2020 - 3:34 pm
Belarusian authorities on Thursday detained the former head of a Russia-owned commercial bank who has emerged as the top challenger to Belarus’ authoritarian leader in the August election, a move that drew thousands of protesters to the streets. President Alexander Lukashenko, who is seeking a...
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FILE - In this Wednesday, June 10, 2020 file photo, French Finance Minister Bruno Le Maire attends a press conference after the weekly cabinet meeting. France’s finance minister has called the withdrawal of the Trump administration from negotiations on a major digital services tax a “provocation.” Bruno Le Maire made the comment Thursday, June 18, 2020 on France Inter, saying France will still implement the tax. Le Maire was referring to a letter in which U.S. Treasury Secretary Steven Mnuchin told the finance ministers of France, Spain, Italy and the United Kingdom that he was suspending talks on the tax. The letter was first reported by the Financial Times. (Ludovic Marin, Pool via AP, File)
June 18, 2020 - 9:23 am
PARIS (AP) — European countries are slamming the Trump administration's withdrawal from negotiations on a major digital services tax. French Finance Minister Bruno Le Maire, speaking on France Inter, called it a “provocation” and said France will still implement the tax regardless of the U.S...
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In this image from a video provided by Mitsubishi Motors Corp., Chief Executive Takao Kato speaks during its shareholders meeting Thursday, June 18, 2020. Mitsubishi Motors told shareholders Thursday that top executives are getting pay cuts to take responsibility for the Japanese automaker’s financial losses. (Mitsubishi Motors Corp. via AP)
June 17, 2020 - 11:26 pm
TOKYO (AP) — Mitsubishi Motors told its shareholders Thursday that its top executives are taking pay cuts to share responsibility for the Japanese automaker’s financial losses. “I hope we can gain your understanding,” Chief Executive Takao Kato said on how, given the harsh conditions, there will be...
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