Corporate news

Eileen DeFrancisco, of Middletown, shoots a video of Three Mile Island, site of the United States' worst commercial nuclear power accident, minutes before the power plant was shut down on Friday, Sept. 20, 2019, in Harrisburg, Pa. (Joe Hermitt/The Patriot-News via AP)
September 20, 2019 - 6:10 pm
HARRISBURG, Pa. (AP) — The money-losing Three Mile Island, the 1979 site of the United States' worst commercial nuclear power accident, was shut down Friday by its energy giant owner. The end of the 45-year electricity-producing career of Three Mile Island Unit 1 came after Chicago-based Exelon...
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Climate change activists participate in an environmental demonstration as part of a global youth-led day of action, Friday Sept. 20, 2019, in New York. A wave of climate change protests swept across the globe Friday, with hundreds of thousands of young people sending a message to leaders headed for a U.N. summit: The warming world can't wait for action. (AP Photo/Bebeto Matthews)
September 20, 2019 - 4:50 pm
NEW YORK (AP) — The Latest on the global climate protests being held in cities around the world (all times local): 3:45 p.m. Hundreds of mainly young demonstrators are marching through downtown Mexico City, chanting "political change, not climate change!" That was an apparent reference to President...
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FILE - In this Sept. 16, 2019, file photo Gordon Charlop, center, and Christian Bader work at the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Friday, Sept. 20. (AP Photo/Mark Lennihan, File)
September 20, 2019 - 3:51 pm
Stocks veered lower on Wall Street in afternoon trading Friday after reports that a Chinese delegation has cut short a visit to the U.S. fueled speculation that upcoming talks aimed at resolving the costly trade war between Washington and Beijing are in trouble. The selling, which erased modest...
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House Judiciary Committee chairman Rep. Jerrold Nadler of N.Y., gives an opening statement as Corey Lewandowski, former campaign manager for President Donald Trump, testifies to the House Judiciary Committee Tuesday, Sept. 17, 2019, on Capitol Hill in Washington. (AP Photo/Jacquelyn Martin)
September 20, 2019 - 1:38 pm
WASHINGTON (AP) — The House approved a bill Friday to end forced arbitration clauses that prevent workers and consumers from filing lawsuits in disputes with companies over employment practices, billing or civil rights. Supporters, mostly Democrats, said the bill would restore access to justice for...
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In this Thursday, Sept. 19, 2019, photo, a man holding a cup of coffee monitors the stock prices at a brokerage house in Beijing. Asian shares were mostly higher on Friday, Sept. 20, 2019 after a lackluster session on Wall Street, as investors shifted their focus to China-U.S. trade talks after a busy week of central bank news. (AP Photo/Andy Wong)
September 20, 2019 - 4:11 am
BANGKOK (AP) — World shares were mixed on Friday, while India's benchmark jumped more than 5% after the government announced plans to cut corporate taxes. Germany's DAX fell 0.1% to 12,440.12 and the CAC 40 in France lost 2.9 points to 5,656.24. Britain's FTSE 100 gave up 0.3% to 7,334.05. Wall...
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FILE - In this Sept. 5, 2019, file photo, Indian workers prepare packing of clutch buttons at an auto component manufacturing factory on the outskirts of New Delhi, India. Asian shares advanced Friday, Sept. 20, 2019, and India’s benchmark jumped 5.4% after the government announced plans to cut corporate taxes. (AP Photo/Altaf Qadri, File)
September 20, 2019 - 3:52 am
NEW DELHI (AP) — The Indian government on Friday announced a slew of concessions aimed at boosting the economy that will reduce most corporate taxes for local companies to about 25% from 30%. Finance Minister Nirmala Sitharaman said the lower tax rates will retroactively apply from April 1, the...
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FILE - In this Sept. 2, 2019, file photo, provided by the Ventura County Fire Department, VCFD firefighters respond to a boat fire off the coast of southern California. A crewman injured in the fire that killed 34 people aboard a dive boat off Southern California has sued the boat owner and the company that chartered the vessel. Ryan Sims filed the lawsuit last week in Ventura County Superior Court saying the Conception dive boat was unseaworthy and operated in an unsafe manner. (Ventura County Fire Department via AP, File)
September 19, 2019 - 10:18 pm
LOS ANGELES (AP) — A crewman injured while escaping the fire that killed 34 people aboard a dive boat off Southern California sued the vessel's owner and the company that chartered it. Ryan Sims filed the lawsuit last week in Ventura County Superior Court saying the boat was unseaworthy and...
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FILE - In this April 11, 2018, file photo, Facebook CEO Mark Zuckerberg testifies before a House Energy and Commerce hearing on Capitol Hill in Washington about the use of Facebook data to target American voters in the 2016 election and data privacy. Zuckerberg will be in Washington Thursday, Sept. 19, 2019, to meet with lawmakers and talk about internet regulation. The company said the meetings are not public and it did not give details on whom Zuckerberg is meeting with and what, exactly, he'll discuss. (AP Photo/Andrew Harnik, File)
September 19, 2019 - 8:23 pm
WASHINGTON (AP) — As Facebook CEO Mark Zuckerberg met Thursday with President Donald Trump and other critics of the tech industry, the Senate's most vocal detractor offered a challenge: Sell your WhatsApp and Instagram properties to prove you're serious about protecting data privacy. It may have...
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FILE - In this Jan. 17, 2019, file photo, a sign with the Sackler name is displayed at the Metropolitan Museum of Art in New York. Their name used to be on a wing at the Louvre. But now the Sackler family wealth has become linked to sales of OxyContin, and their company, drug maker Purdue Pharma, is attempting to settle lawsuits over the opioid crisis. (AP Photo/Seth Wenig, File)
September 19, 2019 - 5:24 pm
For a family with its name on a wing of one of the world's most famous museums and a school at a prestigious university, members of the Sackler clan have done a remarkable job of vanishing from public life. The family owns OxyContin maker Purdue Pharma, which filed for bankruptcy this week as part...
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FILE - In this June 2, 2017 file photo, Walmart CEO Doug McMillon speaks during the Walmart shareholders meeting at Bud Walton Arena in Fayetteville, Ark. The Business Roundtable, a group that represents the most powerful companies in America, is naming McMillon as its new chairman. McMillon succeeds JPMorgan Chase Chairman and CEO Jamie Dimon in the role. Dimon will continue to serve as a board member after completing his tenure as the group's chairman at year's end. (Jason Ivester/The Northwest Arkansas Democrat-Gazette via AP, File)
September 19, 2019 - 1:37 pm
NEW YORK (AP) — The Business Roundtable, a group that represents the most powerful companies in America, has named Walmart President and CEO Doug McMillon as its new chairman. McMillon succeeds JPMorgan Chase Chairman and CEO Jamie Dimon in the role. Dimon has served as chairman of the group since...
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