Corporate news

November 07, 2018 - 5:43 am
FRANKFURT, Germany (AP) — Germany luxury automaker BMW said Wednesday that its net profit fell 24 percent in the third quarter as the company spent more on new technology and faced market disruptions due to other companies failing to get vehicles certified in time for new European Union emissions...
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November 07, 2018 - 3:24 am
CANBERRA, Australia (AP) — The Australian government on Wednesday warned it intends to block a Hong Kong and Chinese consortium's 13 billion Australian dollar ($9 billion) takeover bid for an energy infrastructure company because it conflicts with Australia's national interest. CK Consortium needs...
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FILE- In this Aug. 7, 2018, file photo a customer removes her purchases from a CVS Pharmacy cart in Jackson, Miss. CVS Health Corp. reports earnings Tuesday, Nov. 6. (AP Photo/Rogelio V. Solis, File)
November 06, 2018 - 10:59 am
More prescriptions and lower taxes pushed CVS Health past third-quarter expectations as the pharmacy giant closed in on a deal it will use to change how millions of people manage their health. CVS Health said Tuesday that it expects to complete its $69 billion acquisition of the nation's third-...
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In this Nov. 13, 2017, photo, visitors take a look at Toyota cars at the automaker's showroom in Tokyo. Toyota Motor Corp. has raised its earnings forecast after reporting that its profit surged 28 percent in the last quarter on growing sales and cost cuts. The top Japanese automaker said Tuesday, Nov. 6, 2018, that its July-September profit was 585.1 billion yen ($5.2 billion), up from 458.3 billion yen the year before (AP Photo/Koji Sasahara)
November 06, 2018 - 3:54 am
TOKYO (AP) — Toyota Motor Corp. reported a 28 percent surge in its net profit in the last quarter, helped by growing sales in Europe, Asia and the Americas, and raised its earnings forecast for the full year. The top Japanese automaker said Tuesday that its July-September profit totaled 585.1...
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In this Oct. 4, 2018 photo, the U.S. Supreme Court is seen at sunset in Washington. The Supreme Court is avoiding a high-profile case by rejecting appeals from Kansas and Louisiana in their effort to strip Medicaid money from Planned Parenthood over the dissenting votes of three justices. (AP Photo/Manuel Balce Ceneta)
November 05, 2018 - 5:15 pm
WASHINGTON (AP) — The Supreme Court seemed reluctant Monday to agree with companies seeking to overturn a decades-old Virginia ban on mining radioactive uranium. The justices heard arguments in a case brought by the owners of a massive uranium deposit in Virginia's Pittsylvania County, which...
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FILE - In this Tuesday, Oct. 23, 2018, file photo trader Peter Tuchman, center, works on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Monday, Nov. 5. (AP Photo/Richard Drew, File)
November 05, 2018 - 1:59 pm
NEW YORK (AP) — U.S. stocks are mostly higher Monday as Warren Buffett's Berkshire Hathaway leads gains in financial companies, while energy companies rise along with the prices of oil and natural gas. Technology and internet companies continue to struggle as Apple drops again. Asian indexes fell...
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President Donald Trump speaks at a rally Sunday, Nov. 4, 2018, in Chattanooga, Tenn. (AP Photo/Mark Humphrey)
November 05, 2018 - 1:26 pm
NEW YORK (AP) — NBC and Fox News Channel both said Monday that they will stop airing President Donald Trump's campaign advertisement that featured an immigrant convicted of murder. CNN had rejected the same ad, declaring it racist. Fox pulled the ad Sunday "upon further review," said Marianne...
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FILE - In this April 1, 2009, file photo, Evelyn Y. Davis uses a gavel to ring the closing bell at the New York Stock Exchange in New York. Davis, who owned stock in more than 80 public companies and liked to make a show of her presence at shareholder meetings, died Sunday, Nov. 4, 2018. She was 89. (AP Photo/Seth Wenig, File)
November 05, 2018 - 1:25 pm
WASHINGTON (AP) — The brash shareholder activist Evelyn Y. Davis, who owned stock in more than 80 public companies and rarely failed to make her presence known at corporate-investor meetings, has died. She was 89. For decades, Davis was notorious among executives at blue chip companies for raising...
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Sri Lankan president Maithripala Sirisena, right, and his newly appointed prime minister Mahinda Rajapaksa wave to supporters during a rally held out side the parliamentary complex in Colombo, Sri Lanka, Monday, Nov. 5, 2018. Thousands of Sri Lankans marched Monday in support of a new government led by the country's former strongman, highlighting the political polarization in the Indian Ocean island nation. (AP Photo/Eranga Jayawardena)
November 05, 2018 - 9:29 am
COLOMBO, Sri Lanka (AP) — Thousands of Sri Lankans marched Monday in support of a new government led by the country's former strongman, highlighting the political polarization in the Indian Ocean island nation. The rally near Parliament came amid a constitutional crisis sparked by President...
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Chinese President Xi Jinping is seen on a live broadcast at the media center during the opening ceremony for the China International Import Expo in Shanghai, Monday, Nov. 5, 2018. Xi promised Monday to open China wider to imports at the start of a high-profile trade fair meant to rebrand the country as a global customer but offered no response to U.S. and European complaints about technology policy and curbs on foreign business. (AP Photo/Ng Han Guan)
November 05, 2018 - 9:18 am
SHANGHAI (AP) — President Xi Jinping promised Monday to open China's growing consumer market wider at an import fair meant to help defuse complaints Beijing abuses the global trading system. But he offered no response to U.S. and European complaints about technology policy and investment curbs. The...
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