Corporate news

FILE - In this Oct. 8, 2019, file photo trader Mark Puetzer, center, works on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Tuesday, Oct. 15. (AP Photo/Richard Drew, File)
October 15, 2019 - 3:32 pm
Stocks notched solid gains on Wall Street Tuesday as investors welcomed surprisingly good quarterly results from some of the nation's biggest companies. Strong earnings from UnitedHealth Group, JPMorgan Chase and other companies helped lift the market, erasing modest losses from a day earlier...
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FILE - In this Oct. 9, 2019, file photo a member of the United Auto Workers walks the picket line at the General Motors Romulus Powertrain plant in Romulus, Mich. General Motors CEO Mary Barra joined negotiators at the bargaining table Tuesday, Oct. 15, an indication that a deal may be near to end a monthlong strike by members of the United Auto Workers union that has paralyzed the company’s factories. (AP Photo/Paul Sancya, File)
October 15, 2019 - 1:29 pm
DETROIT (AP) — General Motors CEO Mary Barra joined negotiators at the bargaining table, an indication that a deal may be near to end a monthlong strike by the United Auto Workers union that has paralyzed the company's factories. Barra and GM President Mark Reuss were in the bargaining room early...
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FILE - This Tuesday, Oct. 16, 2012, file photo, shows a portion of the UnitedHealth Group Inc.'s campus in Minnetonka, Minn. UnitedHealth Group reports financial results Tuesday, Oct. 14, 2019. (AP Photo/Jim Mone, File)
October 15, 2019 - 12:50 pm
UnitedHealth Group raised its 2019 forecast and detailed another better-than-expected quarter Tuesday, but shares soared after company leaders mentioned next year's growth prospects. CEO David Wichmann told analysts it would be "reasonable and prudent" for them to set initial expectations for core...
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FILE - This Nov. 29, 2018, file photo shows a Wells Fargo bank location in Philadelphia. Wells Fargo & Co. reports financial results Tuesday, Oct. 14, 2019. (AP Photo/Matt Rourke, File)
October 15, 2019 - 9:24 am
WASHINGTON (AP) — Wells Fargo's net income in the third quarter fell 23% to $4.61 billion, as the banking giant struggles to get past scandals over sales practices in its retail division. The bank, based in San Francisco, said Tuesday that its earnings fell to 92 cents per share from $1.13 per...
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FILE- This Nov. 14, 2018, file photo shows Lubriderm, a Johnson & Johnson product, on display at a market in Pittsburgh. Johnson & Johnson reports financial results Tuesday, Oct. 14, 2019. (AP Photo/Gene J. Puskar, File)
October 15, 2019 - 8:37 am
NEW BRUNSWICK, N.J. (AP) — Johnson & Johnson's third-quarter profit jumped 23%, beating Wall Street forecasts, thanks to higher sales of its key medicines for cancer and immune disorders and an acquisition-related charge a year earlier. The world's biggest maker of health care products also...
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This Thursday, Nov. 29, 2018, photo shows a Wells Fargo bank location in Philadelphia. JPMorgan Chase & Co. reports financial results Tuesday, Oct. 14, 2019. (AP Photo/Matt Rourke)
October 15, 2019 - 7:35 am
NEW YORK (AP) — JPMorgan Chase & Co. said Tuesday that its profits grew by 8% in the third quarter, helped partly by higher interest rates and a better-than-expected performance in its investment banking business. The nation's largest bank by assets said it earned $9.08 billion, or $2.68 per...
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Police officers cross a wall at a crime scene in Halle, Germany, Wednesday, Oct. 9, 2019 after a shooting incident. A gunman fired several shots on Wednesday in the German city of Halle. Police say a person has been arrested after a shooting that left two people dead. (Sebastian Willnow/dpa via AP)
October 15, 2019 - 2:04 am
BERLIN (AP) — Germany's security services are seeking greater powers to fight the kind of far-right extremism behind last week's synagogue attack, including requiring internet companies to report illegal hate speech. The heads of Germany's domestic intelligence service BfV and the Federal Criminal...
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October 14, 2019 - 6:04 am
BEIJING (AP) — China's auto sales sank 6.3% from a year earlier in September, putting the market on track to shrink for a second straight year at a time when brands are spending heavily to meet government targets to develop electric cars. The China Association of Automobile Manufacturers, an...
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FILE - In this Sept. 19, 2019 file photo, Democratic presidential candidate Sen. Bernie Sanders, I-Vt., speaks during the Climate Forum at Georgetown University in Washington. Bernie Sanders and Elizabeth Warren raked in more cash over the past three months than any of their Democratic rivals. (AP Photo/Jose Luis Magana)
October 14, 2019 - 6:01 am
WASHINGTON (AP) — Bernie Sanders has released a major proposal to "end corporate greed and corruption" by requiring large companies to give ownership stakes to their workers. The proposal also would ensure that many of the nation's most profitable firms pay more in federal taxes and government...
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FILE - In this Jan. 30, 2010, file photo, Vice President Joe Biden, left, with his son Hunter, right, at the Duke Georgetown NCAA college basketball game in Washington. Since the early days of the United States, leading politicians have had to contend with awkward problems posed by their family members. Joe Biden is the latest prominent politician to navigate this tricky terrain. (AP Photo/Nick Wass, File)
October 13, 2019 - 7:18 pm
WASHINGTON (AP) — The Latest on Hunter Biden, son of Democratic presidential candidate Joe Biden (all times local): 7 p.m. Joe Biden is laying out some ethical markers should he become president. He says that in a Biden White House, his family members would not be allowed to have any business...
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