Corporate news

FILE - In this Sept. 12, 2019, file photo, cars pass Purdue Pharma headquarters in Stamford, Conn. Attorneys general representing nearly half the states and lawyers for more than 500 local governments on Friday, Oct. 4, 2019 blasted the terms of OxyContin maker Purdue Pharma’s offer to settle thousands of lawsuits over the toll of the nation’s opioids crisis. (AP Photo/Frank Franklin II, File)
October 04, 2019 - 5:26 pm
Attorneys general representing nearly half the states and lawyers for more than 500 local governments on Friday blasted the terms of Purdue Pharma's offer to settle thousands of lawsuits over the nation's opioid crisis in court filings that also said the company had funneled up to $13 billion to...
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FILE - In this July 26, 2013, file photo, a motorist fills up with gasoline containing ethanol in Des Moines. The Trump administration says Friday, Oct. 4, 2019, it plans to implement new rules that will increase demand for ethanol, reversing a decline caused by exemptions given to oil refineries. (AP Photo/Charlie Riedel, File)
October 04, 2019 - 2:09 pm
DES MOINES, Iowa (AP) — The Trump administration announced Friday it plans to implement new rules that will increase demand for ethanol, reversing a decline caused by exemptions given to oil refineries. The proposal follows months of complaints by Midwest farmers, politicians and the ethanol...
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In this handout photo provided by the Ukrainian Presidential Press Office, Ruslan Ryaboshapka speaks to the media in Kyiv, Ukraine, Friday, Oct. 4, 2019. Ukraine's Prosecutor General said on Friday that his office is reviewing all the cases that were closed by his predecessors, including several related to the owner of a gas company where former Vice President Joe Biden's son sat on the board. (Ukrainian Presidential Press Office via AP)
October 04, 2019 - 10:38 am
ZHYTOMYR, Ukraine (AP) — Ukraine's Prosecutor General said on Friday that his office is reviewing several cases related to the owner of a gas company where former Vice President Joe Biden's son sat on the board, as part of a review of all the criminal cases closed by his predecessors. U.S...
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FILE - This Jan. 31, 2019, file photo, shows the logo of Samsung Electronics Co. at its shop in Seoul, South Korea. Samsung said in an emailed statement Friday, Oct. 4, 2019, that it "has arrived at the difficult decision to cease operations of Samsung Electronics Huizhou" in China in late September. (AP Photo/Lee Jin-man, File)
October 04, 2019 - 4:30 am
SEOUL, South Korea (AP) — Samsung Electronics said Friday it has ended the production of smartphones in its last factory in China. Production at the factory in southern China’s Huizhou ended last month, the company said in an email Friday. It said it made “the difficult decision to cease operations...
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October 03, 2019 - 8:43 pm
SAN FRANCISCO (AP) — HP Inc.’s new CEO has unveiled the company’s latest plan to streamline its operations — one that envisions cutting its workforce by as much as 16% over the next three years. The personal computer and printer maker says it expects to drop 7,000 to 9,000 people from its global...
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FILE - In this Dec. 20, 2018, file photo Juul products are displayed at a smoke shop in New York. On Thursday, Oct. 3, 2019, the U.S. Federal Trade Commission ordered Juul and five other vaping companies to hand over information about how they market e-cigarettes, the government’s latest move targeting the industry. (AP Photo/Seth Wenig, File)
October 03, 2019 - 2:27 pm
WASHINGTON (AP) — Federal consumer watchdogs have ordered Juul and five other vaping companies to hand over information about how they market e-cigarettes, the government’s latest move targeting the industry. The announcement Thursday from the Federal Trade Commission comes amid a nationwide...
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In this Sept. 26, 2019, photo, cars pass Rockefeller University in New York. Prestigious universities around the world, including Rockefeller, have accepted at least $60 million over the past five years from the family that owns the maker of OxyContin, even as the company became embroiled in lawsuits related to the opioid epidemic, financial records show. Rockefeller accepted more money from the Sacklers than any other school in recent history. (AP Photo/Mark Lennihan)
October 03, 2019 - 9:55 am
BOSTON (AP) — Prestigious universities around the world have accepted at least $60 million over the past five years from the family that owns the maker of OxyContin, even as the company became embroiled in lawsuits related to the opioid epidemic, financial records show. Some of the donations...
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FILE - In this Oct. 2, 2019 file photo, Democratic presidential candidate Sen. Elizabeth Warren, D-Mass., speaks during a gun safety forum in Las Vegas. Warren proposed breaking up big tech companies in March. She garnered immediate support, even from rivals such as Sen. Ted Cruz, a Texas Republican who retweeted Warren for what he said was the first time. Cruz said “she’s right — Big Tech has way too much power to silence Free Speech.” (AP Photo/John Locher, File)
October 03, 2019 - 9:14 am
WASHINGTON (AP) — Facebook’s CEO said his company is ready to “go to the mat” to stop Elizabeth Warren from breaking up tech giants. Amazon accused her of getting facts wrong. And some Democratic donors with ties to Wall Street have quietly said they’ll sit out the election or vote for President...
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In this Aug. 23, 2019 photo, former U.S. Attorney Dan Webb takes the oath of special prosecutor before Judge Michael Toomin, during an status hearing concerning actor Jussie Smollett at the Leighton Criminal Court building, in Chicago. The latest twist in the Jussie Smollett saga is the revelation of a possible conflict of interest by the special prosecutor investigating why prosecutors dropped charges accusing the actor of staging a racist, homophobic attack on himself. Dan Webb disclosed this week he once co-hosted a political fundraiser for a figure central to his investigation, Cook County State's Attorney Kim Foxx. A Cook County judge must now decide if bias or the appearance of bias renders Webb's position untenable.(Antonio Perez/ Chicago Tribune via AP, Pool)
October 02, 2019 - 7:49 pm
CHICAGO (AP) — A Chicago judge could decide this week whether the special prosecutor investigating possible conflicts of interest in Jussie Smollett’s criminal case has a conflict himself, the latest twist in a saga marked by turns and reversals since the “Empire” actor reported a racist,...
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FILE - This May 6, 2016 file photo shows the logo of the Airbus Group in Suresnes, outside Paris. The World Trade Organization says the United States can impose tariffs on up to $7.5 billion worth of goods from the European Union as retaliation for illegal subsidies to European plane-maker Airbus — a record award from the trade body. (AP Photo/Michel Euler, File)
October 02, 2019 - 4:40 pm
WASHINGTON (AP) — The Trump administration announced Wednesday that it will impose tariffs on $7.5 billion in European imports beginning Oct. 18 in a case involving European Union subsidies to the plane maker Airbus. The latest escalation in the administration’s tariffs will open a new chapter in...
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