Corporate news

FILE - In this March 2, 2017, file photo, a banner for Snap Inc. hangs from the front of the New York Stock Exchange, in New York. Snap’s stock may be heading for an opening below its first day closing price for the first time as people try to determine the tech company’s worth. Shares are down more than 3 percent to $23.00 in premarket trading on Tuesday, March 7. (AP Photo/Mark Lennihan)
March 07, 2017 - 10:47 am
NEWARK, N.J. (AP) — Anyone wanting to invest in the company that owns Snapchat now has an opportunity to do something that early investors were unable to do: buy shares for less than they cost on the first day of trading three days ago. After tumbling 12 percent Monday, shares of Snap Inc. fell...
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Traders work on the floor of the New York Stock Exchange, Tuesday, March 7, 2017. Stocks are opening broadly lower on Wall Street, led by declines in health care stocks and banks. (AP Photo/Richard Drew)
March 07, 2017 - 10:31 am
NEW YORK (AP) — U.S. stock indexes are mostly lower in early trading Tuesday, while health care companies, including drugmakers and drug distributors, are falling after Republicans in Congress introduced a bill intended to replace the 2010 Affordable Care Act. Energy and materials companies are...
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FILE - In this March 2, 2017 file photo, a banner for Snap Inc. hangs from the front of the New York Stock Exchange, in New York. Snap’s stock may be heading for an opening below its first day closing price for the first time as people try to determine the tech company’s worth. Shares are down more than 3 percent to $23.00 in premarket trading on Tuesday, March 7. (AP Photo/Mark Lennihan)
March 07, 2017 - 8:57 am
NEWARK, N.J. (AP) — Anyone wanting to invest in the company that owns Snapchat will have an opportunity to do something that early investors were unable to do: buy shares for less than they cost on the first day of trading three days ago. After tumbling 12 percent Monday, shares of Snap Inc. fell...
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March 06, 2017 - 6:46 pm
OMAHA, Neb. (AP) — CSX has a new CEO and a deal with the hedge fund pushing for changes at the railroad. Hunter Harrison, the executive who led Canadian Pacific's turnaround, will become the CEO at Jacksonville, Florida-based CSX immediately, replacing Michael Ward. Harrison, Paul Hilal — the...
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Darren Woods, Exxon Mobil CEO, speaks during CERAWeek at the Hilton Americas,Monday, March 6, 2017, in Houston. (Melissa Phillip/Houston Chronicle via AP)
March 06, 2017 - 5:02 pm
HOUSTON (AP) — President Donald Trump on Monday praised Exxon Mobil Corp. after the company announced plans to create thousands of jobs by spending $20 billion over 10 years on refineries, chemical and liquefied natural gas plants along the Gulf Coast. Exxon said the work would create 12,000...
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Matthias Mueller, the CEO of Volkswagen, presents VW autonomous concept car Sedric, at the 87th Geneva International Motor Show in Geneva, Switzerland, Monday March 6, 2017. (Uli Deck/dpa via AP)
March 06, 2017 - 5:01 pm
GENEVA (AP) — Looking well beyond its past problems, Volkswagen is projecting off into the future with its self-driving concept car featuring technologies that could someday work their way into the German automaker's brands like Audi, Bentley or Porsche. After a cheeky video riffing off Star Trek,...
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CEO of PSA Carlos Tavares, Opel CEO Karl-Thomas Neumann, right, and GM CEO Mary Barra, left, pose for photographers after addressing the media in Paris, France, Monday, March 6, 2017. General Motors is selling its loss-making European car business, including Germany's Opel and British brand Vauxhall, to France's PSA group in a deal that realigns the industry in the region. (AP Photo/Zacharie Scheurer)
March 06, 2017 - 10:02 am
PARIS (AP) — General Motors is selling its unprofitable European car business to the French maker of Peugeot, marking the American company's retreat from a major market and raising concerns of job cuts in the region. With the 2.2 billion euro ($2.33 billion) deal announced Monday, GM is giving up...
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March 06, 2017 - 10:01 am
JERUSALEM (AP) — Israeli police entered Prime Minister Benjamin Netanyahu's residence on Monday to question him for a fourth time in corruption investigations concerning his ties with top executives in media, international business and Hollywood, according to media reports. Local media reported...
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March 06, 2017 - 6:32 am
LONDON (AP) — Standard Life has agreed to buy Aberdeen Asset Management for 3.8 billion pounds ($4.7 billion) to create Britain's largest asset management firm. Aberdeen shareholders will receive 0.757 Standard Life shares for each share they own, giving them 33.3 percent of the combined company...
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March 06, 2017 - 1:58 am
PARIS (AP) — General Motors Co. is selling its loss-making European car business — including Germany's Opel and British brand Vauxhall — to French automaker PSA group. The 2.2 billion euro ($2.33 billion) deal announced Monday in Paris by GM and PSA — maker of Peugeot and Citroen cars — will...
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