Corporate news

FILE - In this April 16, 2002, file photo, Stan Lee, 79, creator of comic-book franchises such as "Spider-Man," "The Incredible Hulk" and "X-Men," smiles during a photo session in his office in Santa Monica, Calif. Comic book genius Lee, the architect of the contemporary comic book, has died. He was 95. (AP Photo/Reed Saxon, File)
November 12, 2018 - 7:06 pm
LOS ANGELES (AP) — Stan Lee, the creative dynamo who revolutionized the comic book and helped make billions for Hollywood by introducing human frailties in Marvel superheroes such as Spider-Man, the Fantastic Four and the Incredible Hulk, died Monday. He was 95. Lee was declared dead at Cedars-...
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FILE - In this May 20, 2018, file photo, Diplo arrives at the Billboard Music Awards at the MGM Grand Garden Arena in Las Vegas. MTV is expanding its live events business in the U.S. by acquiring the SnowGlobe Music Festival. The three-day New Year’s Eve festival takes place in South Lake Tahoe, Calif. This year’s lineup includes Above & Beyond, Diplo, Eric Prydz, Rezz and RL Grime headlining among more than 40 artists. (Photo by Jordan Strauss/Invision/AP, File)
November 12, 2018 - 10:24 am
NEW YORK (AP) — MTV is expanding its live events business in the U.S. by acquiring the SnowGlobe Music Festival. The three-day New Year's Eve festival takes place in South Lake Tahoe, California. This year's lineup includes Above & Beyond, Diplo, Eric Prydz, Rezz and RL Grime headlining among...
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A logo for athenahealth is displayed on a computer Monday, Nov. 12, 2018, in New York. Athenahealth shares soared Monday after the struggling medical billing software maker received a $5.7 billion cash buyout offer. (AP Photo)
November 12, 2018 - 10:20 am
Athenahealth shares soared Monday after the struggling medical billing software maker received a $5.7 billion cash buyout offer. Veritas Capital and Evergreen Coast Capital plan to give athenahealth shareholders $135 per share in a deal that will take the company private. That represents a roughly...
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FILE - In this July 9, 2015, file photo, a Covergirl makeup product hangs on a display at a store, in Haverhill, Mass. CEO Camillo Pane at the cosmetics company Coty, that owns Covergirl and other brands, is leaving the company less than a week revealing supply chain problems that sent revenue plunging. (AP Photo/Elise Amendola, File)
November 12, 2018 - 9:33 am
NEW YORK (AP) — The top executive at the New York cosmetics maker Coty is leaving less than a week after revealing that significant supply chain problems sapped revenue during the first quarter. The company said Monday that CEO Camillo Pane, who led the company for two years, resigned for family...
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November 12, 2018 - 3:16 am
TOKYO (AP) — Japanese technology company SoftBank Group Corp. will carry out an initial public offering of its Japanese mobile subsidiary, set for Dec. 19. The Tokyo Stock Exchange approved the listing of 1.6 billion shares of SoftBank Corp. Monday, at 1,500 yen ($13) a share, raising potentially...
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In this Oct. 31, 2018, photo, Chinese investors use computer terminals as they monitor stock prices at a brokerage house in Beijing. China's government is trying to dispel stock market gloom and talk prices back up with promises of tax cuts and a media campaign led by its economic czar. (AP Photo/Mark Schiefelbein)
November 10, 2018 - 7:32 pm
BEIJING (AP) — Lu Yushan, a retired salesman, has advice for investors in China's slumping stock market: Sell. Lu's shares soared over the past decade. But the 65-year-old cashed out this year, driven away by plunging prices, insider trading scandals, a cooling economy and a tariff war with...
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November 10, 2018 - 11:33 am
AKRON, Ohio (AP) — An Ohio school backed by NBA star LeBron James will be the subject of a feature-length documentary. The Akron Beacon Journal reports the Akron Public Schools has approved a deal with a New York City production company to document the first year of the I Promise School. The school...
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Trader Vincent Napolitano, left, works on the floor of the New York Stock Exchange, Friday, Nov. 9, 2018. Stocks are falling as energy companies are dragged lower by the continuing plunge in crude oil prices. (AP Photo/Richard Drew)
November 09, 2018 - 4:51 pm
NEW YORK (AP) — U.S. stocks fell Friday as a combination of weak economic data from China and disappointing earnings hurt technology and internet companies. Crude oil prices fell for the 10th day in a row. Auto sales in China fell in October for the fourth month in a row and are down 13 percent...
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Trader Vincent Napolitano, left, works on the floor of the New York Stock Exchange, Friday, Nov. 9, 2018. Stocks are falling as energy companies are dragged lower by the continuing plunge in crude oil prices. (AP Photo/Richard Drew)
November 09, 2018 - 12:04 pm
NEW YORK (AP) — U.S. stocks are falling Friday as technology and internet companies take steep losses. Energy companies are also lower as crude oil heads for its 10th drop in a row. The price of oil has been falling steadily since early October and is now trading at its lowest price since April,...
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November 09, 2018 - 5:12 am
BERLIN (AP) — Germany's antitrust authority has cleared the planned merger of the country's two main department store chains, ruling that it doesn't threaten competition at a time when online retail is rising. The Federal Cartel Office said Friday that the two companies exceed a combined 25 percent...
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