Corporate news

SoftBank Group Corp. Chief Executive Masayoshi Son speaks during a press conference in Tokyo Monday, Nov. 5, 2018. Son denounced the killing of Saudi journalist Jamal Khashoggi, but defended the Japanese technology giant’s investment fund, which includes Saudi money, as work that needs to be finished. (Daiki Katagiri/Kyodo News via AP)
November 05, 2018 - 6:47 am
TOKYO (AP) — SoftBank Group Corp. Chief Executive Masayoshi Son denounced Monday the killing of Saudi journalist Jamal Khashoggi, but defended the Japanese technology giant's investment fund, which includes Saudi money, as work that needs to be finished. Speaking at an earnings news conference, Son...
Read More
In this Oct. 26, 2018, photo, workers prepare a lawn outside the venue for the upcoming China International Import Expo in Shanghai. Facing a blizzard of trade complaints, China is throwing an "open for business" import fair hosted by President Xi Jinping to rebrand itself as a welcoming market and positive global force. (Chinatopix via AP)
November 03, 2018 - 8:38 pm
BEIJING (AP) — Facing a blizzard of trade complaints, China is throwing an "open for business" import fair hosted by President Xi Jinping to rebrand itself as a welcoming market and positive global force. More than 3,000 companies from 130 countries selling everything from Egyptian dates to factory...
Read More
FILE- In this May 7, 2018, file photo, Berkshire Hathaway Chairman and CEO Warren Buffett smiles during an interview in Omaha, Neb., with Liz Claman on Fox Business Network's "Countdown to the Closing Bell." Berkshire Hathaway Inc. reports earnings Saturday, Nov. 3. (AP Photo/Nati Harnik, File)
November 03, 2018 - 4:12 pm
OMAHA, Neb. (AP) — Warren Buffett's company more than quadrupled its third-quarter profits because of a huge paper gain in the value of its investments, although its insurance and railroad businesses also improved. Notably, Buffett's company bought back nearly $1 billion in stock during the quarter...
Read More
FILE - In this May 24, 2009 file photo, Mari Hulman George, chairman of the board of the Indianapolis Motor Speedway, gives the command to start engines at the start the 93rd running of the Indianapolis 500 auto race at the Indianapolis Motor Speedway in Indianapolis. Hulman George, chairman of the board emeritus of the Indianapolis Motor Speedway, died early Saturday, Nov. 3, 3018. She was 83. Indianapolis Motor Speedway announced Hulman George’s death early Saturday in a statement and said her family was by her side.(AP Photo/Darron Cummings)
November 03, 2018 - 9:48 am
Mari Hulman George, the "quiet pioneer" of auto racing who ordered drivers to start their engines and was instrumental in the expansion of Indianapolis Motor Speedway, died Saturday. She was 83. Hulman George, the speedway's chairman of the board emeritus, died in Indianapolis with her family at...
Read More
FILE - This file photo provided by the Tempe Police Department shows an Uber SUV after hitting a woman on March 18, 2018, in Tempe, Ariz. Nearly eight months after one of its autonomous test vehicles hit and killed an Arizona pedestrian, Uber wants to resume testing on public roads. The company has filed an application with the Pennsylvania Department of Transportation to test in Pittsburgh, and it has issued a lengthy safety report pledging to put two human backup drivers in each vehicle and take a raft of other precautions to make the vehicles safe. Company officials acknowledge they have a long way to go to regain public trust after the March 18 crash in Tempe, Arizona, that killed Elaine Herzberg, as she crossed a darkened road outside the lines of a crosswalk. (Tempe Police Department via AP, File)
November 02, 2018 - 6:15 pm
DETROIT (AP) — Nearly eight months after one of its autonomous test vehicles hit and killed an Arizona pedestrian, Uber wants to resume testing on public roads. The company has filed an application on with the Pennsylvania Department of Transportation to test in Pittsburgh, and it has issued a...
Read More
This undated image provided by AcelRx Pharmaceuticals shows the company's medication Dsuvia. On Friday, Nov. 2. 2018, U.S. regulators announced the approval of the fast-acting, super-potent opioid tablet as an alternative to IV painkillers used in hospitals. (Craig Sherod Photography/AcelRx Pharmaceuticals via AP)
November 02, 2018 - 2:10 pm
TRENTON, N.J. (AP) — U.S. regulators have approved a fast-acting, super-potent opioid tablet as an alternative to IV painkillers used in hospitals. The decision by the Food and Drug Administration on Friday came over objections from critics who fear the pill will be abused. In a statement, FDA...
Read More
FILE- This April 25, 2017, file photo, shows an Exxon service station sign in Nashville, Tenn. Exxon Mobil Corp. reports earnings Friday, Nov. 2, 2018. (AP Photo/Mark Humphrey, File)
November 02, 2018 - 1:36 pm
DALLAS (AP) — Higher oil prices propelled Exxon's third-quarter profit up 57 percent to $6.24 billion despite another drop in production. It was Exxon's best third quarter since 2014, when the effects of a collapse in oil prices had not yet been felt, and a sign that Big Oil is coming back. Rival...
Read More
FILE- In this Oct. 24, 2018, file photo specialist Gregg Maloney, left, and trader Timothy Nick work on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Friday, Nov. 2. (AP Photo/Richard Drew, File)
November 02, 2018 - 11:13 am
NEW YORK (AP) — U.S. stocks are slipping Friday as a big loss from Apple drags technology companies lower and an increase in interest rates hurts high-dividend companies. The world's largest technology company forecast weak revenue and said it will stop disclosing quarterly iPhone sales. Stocks had...
Read More
FILE- In this Sept. 12, 2018, file photo Apple CEO Tim Cook discusses the new Apple iPhones and other products at the Steve Jobs Theater during an event to announce new products in Cupertino, Calif. Apple Inc. reports earnings Thursday, Nov. 1. (AP Photo/Marcio Jose Sanchez, File)
November 01, 2018 - 5:40 pm
SAN FRANCISCO (AP) — Apple's faithful customers aren't snapping up iPhones quite as enthusiastically as anticipated heading into the crucial holiday shopping season. But the latest models costing $1,000 and more are popular enough to keep propelling profits ever higher for the world's most...
Read More
November 01, 2018 - 4:48 pm
SEATTLE (AP) — A jump in U.S. sales helped Starbucks end its fiscal year on a high note. Starbucks Corp. said same-store sales — a critical measure for retailers — rose 4 percent in the U.S. in its fiscal fourth quarter. That helped global same-store sales rise 3 percent, ahead of analysts'...
Read More

Pages