Corporate news

In this May 16, 2019, photo, Chinese men pass by a Huawei retail shop in Beijing. Stepping up the pressure on Beijing, the U.S. Commerce Department has effectively barred U.S. companies from selling or transferring technology to Huawei Technologies, the world's biggest maker of network gear, No. 2 smartphone manufacturer and a champion of Chinese industry. (AP Photo/Ng Han Guan)
June 26, 2019 - 7:00 am
BEIJING (AP) — China on Wednesday renewed a demand that Canada release a top executive of tech giant Huawei a day after announcing a suspension of all imports of Canadian meat products in an apparent bid to increase the pressure on Ottawa. Foreign ministry spokesman Geng Shuang told reporters at a...
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FILE - In this May 15, 2019, file photo, acting U.S. Customs and Border Protection Commissioner John Sanders, left, joins Senate Judiciary Committee Chairman Lindsey Graham, R-S.C., right, on Capitol Hill in Washington. Sanders says he's stepping down amid outrage over his agency's treatment of detained migrant children and said in a message to CBP employees Tuesday that he would resign on July 5. (AP Photo/J. Scott Applewhite)
June 26, 2019 - 2:11 am
HOUSTON (AP) — The acting head of U.S. Customs and Border Protection resigned Tuesday amid an uproar over the discovery of migrant children being held in pitiful conditions at one of the agency's stations in Texas. Acting Commissioner John Sanders' departure deepened the sense of crisis and added...
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FILE - In this July 27, 2017, shows a Federal Express employee makes a delivery at an AT&T store in Hialeah, Fla. FedEx Corp. reports financial earnings on Tuesday, June 25, 2019. (AP Photo/Alan Diaz, File)
June 25, 2019 - 8:10 pm
DALLAS (AP) — FedEx Corp. posted weak quarterly results in its core express business and warned Tuesday that its profit in the year ahead will be hurt by slowing growth in the world economy and the decision to drop a contract with retail giant Amazon. The delivery company reported a quarterly loss...
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FILE - This Dec. 16, 2017 file photo provided by the Santa Barbara County Fire Department shows flames burning near power lines in Montecito, Calif. Pacific Gas & Electric's key lenders have offered a $30 billion plan to pull the utility out of bankruptcy, and give the tarnished company a new name. The Sacramento Bee reports the proposal filed Tuesday, June 25, 2019 in U.S. Bankruptcy Court would set aside up to $18 billion to pay claims on the 2017 and 2018 wildfires caused by PG&E equipment. The plan would rebrand PG&E as Golden State Power Light & Gas Company. (Mike Eliason/Santa Barbara County Fire Department via AP, File)
June 25, 2019 - 5:45 pm
SACRAMENTO, Calif. (AP) — Pacific Gas & Electric's key lenders on Tuesday offered a $30 billion plan to pull the utility out of bankruptcy and give the tarnished company a new name. The proposal filed in U.S. Bankruptcy Court would set aside up to $18 billion of that $30 billion to pay claims...
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This May 11, 2019 booking photo released by the East Windsor Police Department shows Volodymyr Zhukovskyy, after he was arrested and charged with driving under the influence of drugs or alcohol in East Windsor, Conn. Zhukovskyy is scheduled to be arraigned on Tuesday, June 25, 2019 in Lancaster, N.H., on seven counts of negligent homicide after the pickup he was driving collided with a group of motorcycles, killing seven on a two-lane highway in Randolph, N.H. on Friday night. (East Windsor Police Department via AP)
June 25, 2019 - 2:40 pm
CONCORD, N.H. (AP) — A driver for a transport company who has a history of traffic arrests pleaded not guilty Tuesday to seven counts of negligent homicide in a collision with a group of motorcyclists on a rural highway. Volodymyr Zhukovskyy, 23, was ordered to remain in preventive detention, with...
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FILE - This Feb. 14, 2019, file photo shows the Mitsubishi logo on the front grill of a 2019 Mitsubishi Outlander GT on display at the 2019 Pittsburgh International Auto Show in Pittsburgh. Mitsubishi Motors on Tuesday, June 25, announced it is relocating its North America headquarters from California to Tennessee, a move that will bring the Japanese automaker closer to its sister company Nissan and strengthen Tennessee's growing reputation as an epicenter of the automotive sector. (AP Photo/Gene J. Puskar, File)
June 25, 2019 - 2:13 pm
NASHVILLE, Tenn. (AP) — Mitsubishi Motors announced on Tuesday that it is relocating its North America headquarters from California to Tennessee, a move that will bring the Japanese automaker closer to its sister company Nissan and strengthen Tennessee's growing reputation as an epicenter of the...
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June 25, 2019 - 1:18 pm
NASHVILLE, Tenn. (AP) — Mitsubishi Motors announced on Tuesday that it is relocating its North America headquarters from California to Tennessee, a move that will bring the Japanese automaker closer to its sister company Nissan and strengthen Tennessee's growing reputation as an epicenter of the...
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FILE - In this file photo dated Saturday, Dec. 12, 2015, the sun sets behind smoke emitting from a coal powered power plant in the Bosnian town of Tuzla, 120 kms north of Sarajevo, Bosnia. In a report released Tuesday Junw 25, 2019, environment groups have called for urgent measures to combat air pollution in the central Bosnian town of Tuzla saying dust concentration far exceeds legal limits and causes premature deaths. (AP Photo/Amel Emric, FILE)
June 25, 2019 - 6:51 am
SARAJEVO, Bosnia-Herzegovina (AP) — Environmental groups called on Tuesday for urgent measures to combat air pollution in the central Bosnian city of Tuzla, saying dust concentration far exceeds legal limits and causes premature deaths. The CEE Bankwatch Network group, the Health and Environment...
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FILE - In this Dec. 18, 2017, file photo, cars from an Amtrak train lay spilled onto Interstate 5 below as some remain on the tracks above in DuPont, Wash. The National Transportation Safety Board has published its final report Monday, June 24, 2019, on a deadly Amtrak derailment in Washington state in 2017, with the agency's vice chairman blasting what he described as a "Titanic-like complacency" among those charged with ensuring train operations are safe. The train was on its first paid passenger run on a new route from Tacoma to Portland, Oregon, when it plunged onto Interstate 5, killing three people and injuring dozens. (AP Photo/Elaine Thompson, file)
June 24, 2019 - 8:01 pm
SEATTLE (AP) — The National Transportation Safety Board has published its final report Monday on a deadly Amtrak derailment in Washington state in 2017, with the agency's vice chairman blasting what he described as a "Titanic-like complacency" among those charged with ensuring train operations were...
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June 24, 2019 - 7:50 pm
SAN FRANCISCO (AP) — A federal judge has sentenced a former top Sacramento Kings executive to seven years in prison for wire fraud and aggravated identity theft. Jeffrey David is the team's former chief revenue officer. In December he pleaded guilty to diverting $13.4 million worth of team...
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