Corporate news

    FILE - This Aug. 17, 2016, file photo, shows a Chase bank branch in North Miami Beach, Fla. JPMorgan Chase & Co. reports earnings Friday, Oct. 12, 2018. (AP Photo/Wilfredo Lee, File)
    October 12, 2018 - 7:52 am

    JPMorgan 3Q profits rise 24 percent, helped by lower taxes

    NEW YORK (AP) — JPMorgan Chase & Co. said Friday that its third-quarter profits rose by 24 percent from a year ago, helped by a lower tax bill and higher interest rates, which allowed it to charge more for loans to consumers and businesses alike. That was enough to make up for a less-than-...
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    October 12, 2018 - 7:08 am

    China auto sales sink in September as economy cools

    BEIJING (AP) — China's auto sales plunged 12 percent in September, adding to economic challenges for the country's leaders amid a worsening tariff fight with Washington. Sales in the biggest global market fell to 2 million sedans, SUVs and minivans, an industry group, the China Association of...
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    In this Aug. 30, 2018, photo Seraphina, 3, plays with a V-Tech Explore and Write Activity Set at the Walmart Toy Shop event in New York. Walmart says 30 percent of its holiday toy assortment will be new. It will also offer 40 percent more toys on Walmart.com from a year ago. In November and December, the company’s toy area will be rebranded as “America’s Best Toy Shop.” (AP Photo/Richard Drew)
    October 12, 2018 - 1:51 am

    Toy sellers ramp up shoppers' experience ahead of holidays

    NEW YORK (AP) — Is Party City the successor to Toys R Us? Will shoppers embrace the revival of FAO Schwarz, staffed with theatrical performers? Ahead of the holiday season, stores aren't just expanding their toy aisles to offer more choices. They're trying to at the very least replicate the Toys R...
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    FILE- In this Jan. 6, 2016, file photo newly elected Fall River Mayor Jasiel Correia talks in his city hall office in Fall River, Mass. A Massachusetts mayor was arrested Thursday, Oct. 11, 2018, and charged with defrauding investors in a company he formed out of more than $230,000 and using the funds to enhance his political career and pay for a lavish lifestyle, federal prosecutors said. (AP Photo/Stephan Savoia, File)
    October 11, 2018 - 6:05 pm

    'Greedy' young mayor stole from investors, feds say

    BOSTON (AP) — A Massachusetts mayor who was first elected at age 23 was charged Thursday with using investments in a company he formed as his "own personal ATM" to enjoy casinos and adult entertainment, buy a Mercedes, and pay down student loan debt. Jasiel Correia, the mayor of Fall River,...
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    October 11, 2018 - 5:48 pm

    Companies must pay $7M over misbranded pet food ingredients

    ST. LOUIS (AP) — A federal judge in St. Louis has ordered companies from Missouri and California to pay a combined $7 million for shipping ingredients containing poultry feathers and other misbranded items to pet food manufacturers. Wilbur-Ellis Feed LLC of San Francisco pleaded guilty in April...
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    Trader Michael Capolino works on the floor of the New York Stock Exchange, Thursday, Oct. 11, 2018. The market's recent decline was set off by a sharp drop in bond prices and a corresponding increase in yields last week and early this week. (AP Photo/Richard Drew)
    October 11, 2018 - 4:09 pm

    Markets Right Now: US stocks slump on day of wide swings

    NEW YORK (AP) — The latest on developments in financial markets (all times local): 4:00 p.m. Stocks are slumping for a second straight day as the market endures its most volatile stretch since February. The Dow Jones industrials fell 545 points, or 2.1 percent, to 25,052.83 and the benchmark S&...
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    FILE- In this May 24, 2018, file photo a Delta Air Lines passenger jet plane, a Boeing 717-200 model, approaches Logan Airport in Boston. Delta Air Lines Inc. (DAL) on Thursday, Oct. 11, 2018, reported third-quarter earnings of $1.31 billion. (AP Photo/Charles Krupa, File)
    October 11, 2018 - 2:07 pm

    Delta profits soar as demand drives ticket prices higher

    Airlines have been pouring money into amenities that making flying nicer for high-paying customers while economy-class passengers endure cramped quarters and higher fees for extra services. That strategy might anger budget travelers, but it makes sense for the airlines, judging from Delta's latest...
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    FILE - In this Nov. 9, 2017, file photo, an American flag is flown next to the Chinese national emblem during a welcome ceremony for visiting U.S. China says accusations against an alleged spy of attempting to steal trade secrets from several American aviation and aerospace companies were "made out of thin air." (AP Photo/Andy Wong, File)
    October 11, 2018 - 6:37 am

    China says accusations against alleged spy 'out of thin air'

    BEIJING (AP) — China said Thursday that accusations against an alleged Chinese spy accused of attempting to steal trade secrets from American aviation and aerospace companies were "made out of thin air." Yanjun Xu, an operative of China's Ministry of State Security, was charged Wednesday in...
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    Plaintiff DeWayne Johnson, a school groundskeeper who says Roundup weed-killer caused his cancer, leaves a courtroom in San Francisco, Wednesday, Oct. 10, 2018. A San Francisco judge said in a tentative ruling Wednesday that she would order a new trial in a $289 million judgment against agribusiness giant Monsanto brought by Johnson. (AP Photo/Paul Elias)
    October 10, 2018 - 8:58 pm

    California judge mulls new trial in $289M Roundup award

    SAN FRANCISCO (AP) — A San Francisco judge said Wednesday she is considering tossing out the lion's share of the $289 million judgment against agribusiness giant Monsanto and ordering a new trial over whether the company's weed-killer caused a groundskeeper's cancer. San Francisco Superior Court...
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    FILE - In this Oct. 6, 2018, file photo, a limousine, left, has landed in the woods following a fatal crash in Schoharie, N.Y. Kim Lisinicchia tells CBS in an interview aired on Wednesday, Oct. 10, that her husband, Scott, had stated several times that he needed a different vehicle but then trusted the company's assurances that its "cars were all right." (Tom Heffernan Sr. via AP, File)
    October 10, 2018 - 12:15 pm

    Limo driver's widow: He worried about the vehicles' safety

    ALBANY, N.Y. (AP) — The widow of a limousine driver involved in a New York state crash that killed 20 people says her husband had expressed concerns about the company's vehicles. Kim Lisinicchia told CBS in an interview broadcast on Wednesday that there were several times she heard her husband,...
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