Corporate stock

    October 03, 2018 - 5:45 pm

    Amazon to cut bonuses, stock benefits as it raises wages

    NEW YORK (AP) — Amazon made a big splash this week with its $15 an hour minimum wage announcement, but lost in the fine print: Existing warehouse workers will no longer receive stock in the company or collect bonuses. The online giant says next month it will end bonuses, which paid workers extra...
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    FILE - In this June 26, 2018, file photo, General Electric Chairman & CEO John Flannery is interviewed on the floor of the New York Stock Exchange. Flannery out as chairman and CEO at General Electric after less than two years, Lawrence Culp Jr. takes over. After less than two years and a precipitous decline in the share price at General Electric, Flannery is being ousted as chairman and CEO. (AP Photo/Richard Drew, File)
    October 01, 2018 - 5:43 pm

    GE, seeking path forward as a century-old company, ousts CEO

    BOSTON (AP) — General Electric ousted its CEO, took a $23 billion charge and said it would fall short of profit forecasts this year, further signs that the century-old industrial conglomerate is struggling to turn around its vastly shrunken business. H. Lawrence Culp Jr. will take over immediately...
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    FILE - In this June 24, 2016, file photo, people walk by the New York Stock Exchange. On Monday, Oct. 1, 2018, stocks are opening broadly higher on Wall Street, led by big gains in industrials after General Electric named a new CEO. (AP Photo/Richard Drew, File)
    October 01, 2018 - 1:37 pm

    Stocks rise on Wall Street after US, Canada seal trade deal

    NEW YORK (AP) — U.S. manufacturers and car companies are rising Monday, helping send stocks solidly higher after the U.S. and Canada agreed to a new trade deal that also includes Mexico. U.S. crude oil reached its highest price in almost four years. General Electric is surging after it replaced...
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    FILE - In this Sept. 17, 2018, file photo SpaceX founder and chief executive Elon Musk speaks after announcing Japanese billionaire Yusaku Maezawa as the first private passenger on a trip around the moon in Hawthorne, Calif. Tesla and its CEO Musk have agreed to pay a total of $40 million and make a series of concessions to settle a government lawsuit alleging Musk duped investors with misleading statements about a proposed buyout of the company. The Securities and Exchange Commission announced the settlement Saturday, Sept. 29, 2018, just two days after filing a case seeking to oust Musk as CEO. (AP Photo/Chris Carlson, File)
    October 01, 2018 - 5:41 am

    The Latest: Tesla shares surge in premarket trading

    WASHINGTON (AP) — The Latest on Elon Musk's settlement with U.S. regulators to remain at the company (all times local): 5:40 a.m. Shares in Tesla are surging in premarket trading after founder Elon Musk reached a settlement with the Securities and Exchange Commission that will keep him at the...
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    FILE- In this Sept. 17, 2018, file photo SpaceX founder and chief executive Elon Musk speaks after announcing Japanese billionaire Yusaku Maezawa as the first private passenger on a trip around the moon in Hawthorne, Calif. U.S. securities regulators have filed a complaint against Musk alleging that he made false and misleading statements about plans to take the company private in August. (AP Photo/Chris Carlson, File)
    September 28, 2018 - 4:45 pm

    Tesla faces a reckoning with CEO Elon Musk's job in jeopardy

    SAN FRANCISCO (AP) — The very attributes that have fueled a mania around Elon Musk — his vision, brash personality and willingness to take risks — could prove to be his downfall. The Tesla CEO who made his fortune and his renegade-genius reputation by bursting through the barriers of conventional...
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    FILE - This Aug. 8, 2018 file photo shows the Tesla emblem on the back end of a Model S in the Tesla showroom in Santa Monica, Calif. Tesla investors have taken a wild ride as Wall Street values the promise of one of the world’s leading electric car makers, the hurdles the company faces as it tries to become a world-class manufacturer, and a mercurial CEO who can get the market buzzing with a single tweet. (AP Photo/Richard Vogel, File)
    September 28, 2018 - 12:42 pm

    Another hairpin turn for Tesla as stock dives on SEC charge

    NEW YORK (AP) — Tesla investors have taken a wild ride as Wall Street values the promise of one of the world's leading electric car makers, the hurdles the company faces as it tries to become a world-class manufacturer, and a mercurial CEO who can get the market buzzing with a single tweet. Tesla...
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    FILE- In this Sept. 17, 2018, file photo SpaceX founder and chief executive Elon Musk speaks after announcing Japanese billionaire Yusaku Maezawa as the first private passenger on a trip around the moon in Hawthorne, Calif. U.S. securities regulators have filed a complaint against Musk alleging that he made false and misleading statements about plans to take the company private in August. (AP Photo/Chris Carlson, File)
    September 27, 2018 - 7:23 pm

    SEC seeks to oust Tesla CEO Elon Musk over go-private tweet

    DETROIT (AP) — U.S. securities regulators are asking a federal court to oust Tesla Inc.'s Elon Musk as chairman and CEO, alleging in a complaint that he committed securities fraud with false statements about plans to take the company private. The Securities and Exchange Commission says in the...
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    FILE- In this May 17, 2018, file photo an American flag hangs above the bell podium on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Thursday, Sept. 27 (AP Photo/Richard Drew, File)
    September 27, 2018 - 3:32 pm

    US stocks break four-day losing skid as Apple, Amazon climb

    NEW YORK (AP) — After four days of modest losses, U.S. stocks are climbing Thursday as Apple and Amazon both jump. Health care companies are also higher and oil prices are bouncing back after they slipped a day earlier. Bed Bath & Beyond is plunging after it the company cut its annual forecasts...
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    FILE- This Dec. 21, 2016, file photo shows the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Monday, Sept. 24, 2018. (AP Photo/Mark Lennihan, File)
    September 24, 2018 - 4:27 pm

    Global stocks dip on report China calls off US trade talks

    NEW YORK (AP) — Global stocks took small losses Monday after China reportedly pulled out of trade talks with the U.S. Industrial companies and banks suffered some of the worst declines among American stocks. The U.S. and China officially began taxing larger amounts of each other's goods Monday, and...
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    FILE- In this Sept. 14, 2018, file photo specialist Meric Greenbaum, left, and trader Gregory Rowe work on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Friday, Sept. 21. (AP Photo/Richard Drew, File)
    September 21, 2018 - 2:00 pm

    US stock indexes are mixed, set stage for more milestones

    Major U.S. stock indexes edged mostly higher in afternoon trading Friday, on track to extend gains from a day earlier when the market climbed to all-time highs. Gains in health care and industrial companies outweighed losses in banks and technology stocks. Energy companies rose along with the price...
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