Corporate news

August 14, 2019 - 6:26 pm
OMAHA, Neb. (AP) — Billionaire Warren Buffett's company has been adding more Amazon shares to its investment cart. Berkshire Hathaway said in filings with the Securities and Exchange Commission on Wednesday that it owned 537,300 Amazon shares at the end of June, up from 483,300 shares. Buffett...
Read More
FILE - In this Tuesday, April 10, 2018 photo, a high school principal displays vaping devices that were confiscated from students at the school in Massachusetts. On Wednesday, Aug. 14, 2019, the Vapor Technology Association filed a lawsuit against the U.S. government to delay a review of electronic cigarettes. (AP Photo/Steven Senne)
August 14, 2019 - 5:50 pm
WASHINGTON (AP) — A vaping industry group sued the U.S. government on Wednesday to delay an upcoming review of thousands of e-cigarettes on the market. The legal challenge by the Vapor Technology Association is the latest hurdle in the Food and Drug Administration's yearslong effort to regulate the...
Read More
Canada's Prime Minister Justin Trudeau addresses supporters during a Liberal Party fundraiser in Surrey, British Columbia, Sunday, Aug. 4, 2019. (Darryl Dyck/The Canadian Press via AP)
August 14, 2019 - 4:52 pm
TORONTO (AP) — Canada's ethics commissioner said Wednesday that Prime Minister Justin Trudeau improperly pressured a former attorney general to halt the criminal prosecution of a company, a development that could imperil his re-election chances. The report comes just before the official start of...
Read More
This undated photo provided by the TB Alliance in August 2019 shows the drug pretomanid. On Wednesday, Aug. 14, 2019, the U.S. Food and Drug Administration approved pretomanid, the first tuberculosis drug developed by a nonprofit group. The TB Alliance was formed to come up with better treatments for the pulmonary disease. (TB Alliance via AP)
August 14, 2019 - 4:16 pm
TRENTON, N.J. (AP) — U.S. regulators Wednesday approved a new tuberculosis medicine that shortens and improves treatment for the hardest-to-treat cases, a worsening problem in many poor countries. It's the first TB drug from a nonprofit group. The TB Alliance, formed to come up with better...
Read More
FILE - In this Jan. 16, 2018 file photo, Adam Neumann, center, co-founder and CEO of WeWork, attends the opening bell ceremony at Nasdaq in New York. Office space-sharing company WeWork is getting ready to go public, adding to a growing list of tech businesses making such a move this year. WeWork, which recently renamed itself The We Co., said in a regulatory filing Wednesday, Aug. 14, 2019 that it now has 527,000 memberships across 29 countries. (AP Photo/Mark Lennihan, File )
August 14, 2019 - 2:05 pm
NEW YORK (AP) — WeWork's parent company gave investors the most detailed look yet at its finances Wednesday, revealing breakneck growth on the back of massive losses as the office-sharing company prepares for a highly anticipated debut on the stock market. Founded as a co-working space in Manhattan...
Read More
FILE- This May 2, 2017, file photo shows corporate signage at Macy's flagship store in New York. Macy’s is lowering its annual earnings guidance after the department store struggled through the second quarter and was forced to mark down prices. The department store said Wednesday, Aug. 14, 2019, a combination of factors including a fashion miss, slow sell-through of warm weather fashions and the accelerated decline in tourism caused rising inventory levels. (AP Photo/Bebeto Matthews, File)
August 14, 2019 - 12:54 pm
NEW YORK (AP) — Macy's lowered its annual earnings guidance after the department store struggled with a big earnings miss during the second quarter as it was forced to slash prices on unsold merchandise. The department store said Wednesday a combination of factors including a fashion miss, slow...
Read More
FILE - In this May 1, 2015, file photo Ford Focus vehicles are seen on a storage lot in Ypsilanti, Mich. Ford is extending the warranties on about 560,000 small cars to cover a litany of problems with a troubled six-speed automatic transmission. The latest move covers 2014 through 2016 model year Focuses built before Nov. 5, 2015, as well as 2014 and 2015 Fiestas built before Oct. 15, 2014. (AP Photo/Carlos Osorio, File)
August 14, 2019 - 10:53 am
DETROIT (AP) — Ford is extending the warranties on about 560,000 small cars in the U.S. and Canada to cover a litany of problems with a troubled six-speed automatic transmission. The company has faced a string of lawsuits and complaints about the transmissions, which can lurch into gear or feel...
Read More
FILE - In this July 27, 2018, file photo, the Dave Johnson coal-fired power plant is silhouetted against the morning sun in Glenrock, Wyo. A coalition of 22 Democratic-led states has sued the Trump administration over its decision to ease restrictions on coal-fired power plants. The lawsuit, filed in the U.S. Court of Appeals for the District of Columbia Circuit, says the new rule violates the federal Clean Air Act because it does not meaningfully replace power plants' greenhouse gas emissions. (AP Photo/J. David Ake, File)
August 13, 2019 - 8:01 pm
SACRAMENTO, Calif. (AP) — A coalition of 21 Democratic-led states sued the Trump administration Tuesday over its decision to ease restrictions on coal-fired power plants, with California's governor saying the president is trying to rescue an outdated industry. In June, the U.S. Environmental...
Read More
President Donald Trump speaks at the Pennsylvania Shell ethylene cracker plant on Tuesday, Aug. 13, 2019 in Monaca, Pa. (AP Photo/Keith Srakocic)
August 13, 2019 - 4:37 pm
MONACA, Pa. (AP) — President Donald Trump sought to take credit Tuesday for the construction of a major manufacturing facility in western Pennsylvania as he tries to reinvigorate supporters in the Rust Belt towns that sent him to the White House in 2016. Trump visited Shell's soon-to-be completed...
Read More
FILE - In this Feb. 13, 2012, file photo, a CBS logo is displayed on the exterior of CBS Scene Restaurant and Bar, at Gillette Stadium, in Foxborough, Mass. CBS and Viacom said Tuesday, Aug. 13, 2019, that they will reunite, bringing together their networks and the Paramount movie studio as traditional media giants bulk up to challenge streaming companies like Netflix. (AP Photo/Steven Senne, File)
August 13, 2019 - 3:06 pm
NEW YORK (AP) — CBS and Viacom announced a long-anticipated reunion Tuesday, bringing together their television networks and the Paramount movie studio as traditional media giants bulk up to challenge streaming companies like Netflix. Viacom CEO Bob Bakish, who will become CEO of the combined...
Read More

Pages