Corporate news

This undated photo provided by Sag Harbor Village Police Department on Monday Aug. 6, 2018, shows Brian France, chairman of NASCAR, taken after his arrest in New York's Hamptons for driving while intoxicated and criminal possession of oxycodone. (Sag Harbor Village Police Department via AP)
August 07, 2018 - 12:28 am
SAG HARBOR, N.Y. (AP) — NASCAR chairman and CEO Brian France announced on Monday he was taking an indefinite leave of absence following his arrest in the Hamptons on charges of driving while intoxicated and criminal possession of oxycodone. France was seen blowing through a stop sign in Sag Harbor...
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FILE - In this Feb. 23, 2018, file photo, Rick Gates leaves federal court in Washington. Paul Manafort’s trial opened this week with a display of his opulent lifestyle and testimony about what prosecutors say were years of financial deception. But the most critical moment in the former Trump campaign chairman’s financial fraud trial will arrive next week with the testimony of his longtime associate Gates.(AP Photo/Jose Luis Magana, File)
August 06, 2018 - 9:13 pm
ALEXANDRIA, Va. (AP) — The government's star witness in the financial fraud trial of Paul Manafort testified Monday that he embezzled hundreds of thousands of dollars from the former Trump campaign chairman — and told jurors that he and Manafort committed crimes together. Rick Gates, described by...
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FILE - In this Feb. 19, 2018, file photo, Wynn Las Vegas is pictured in Las Vegas. The board of directors of Las Vegas-based Wynn Resorts is undergoing more changes. The casino operator on Monday, Aug. 6, 2018, announced industry veteran Phil Satre has been named vice chairman of the board and will become its chairman in the coming months. (AP Photo/Isaac Brekken, File)
August 06, 2018 - 9:00 pm
LAS VEGAS (AP) — Wynn Resorts announced additional changes to its board of directors Monday, a truce with its top shareholder and the end to an internal investigation into the sexual misconduct allegations against the company's founder that surfaced earlier this year. The appointment of industry...
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FILE - In this July 20, 2016 file photo, six fitness tracking devices measuring step counts and other fitness features are worn in New York. A new Pentagon order says military troops and other defense personnel on certain sensitive bases and warzone areas won’t be allowed to use fitness tracker or cellphone applications that can reveal their location. The memo stops short of banning the fitness trackers or other electronic devices, which are often linked to cell phone applications and can provide the users’ GPS details to social media. It says GPS technologies present significant risk to personnel. (AP Photo/Bebeto Matthews)
August 06, 2018 - 8:52 pm
WASHINGTON (AP) — Military troops and other defense personnel at sensitive bases or certain high-risk warzone areas won't be allowed to use fitness-tracker or cellphone applications that can reveal their location, according to a new Pentagon order. The memo, obtained by The Associated Press, stops...
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FILE - In this June 13, 2018, file photo, the logos for Time Warner and AT&T appear above alternate trading posts on the floor of the New York Stock Exchange. The Trump Justice Department says it proved that AT&T's mega-merger with Time Warner will hurt competition, and the judge who allowed the takeover was clearly wrong to conclude consumers wouldn't be harmed. The government's argument came in its brief filed Monday, Aug. 6, 2018, with a federal appeals court. (AP Photo/Richard Drew, File)
August 06, 2018 - 6:43 pm
WASHINGTON (AP) — The judge who allowed AT&T's mega-merger with Time Warner was clearly wrong in concluding the marriage won't harm consumers, the Trump Justice Department argued Monday in challenging the decision. U.S. District Judge Richard Leon misunderstood the complexities of the booming...
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August 06, 2018 - 6:07 pm
MADISON, Wis. (AP) — A Republican co-chair of the Legislature's budget committee said Monday there are not enough votes in the Senate to pass a tax break bill designed to keep open a pair of Kimberly-Clark Corp. plants in northeast Wisconsin, saving more than 600 jobs. Kimberly-Clark, which makes...
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August 06, 2018 - 3:31 pm
NEW YORK (AP) — A federal appeals court has rejected an antitrust lawsuit brought against publishers by what was once one of the country's largest wholesale magazine distributors. In an opinion published Monday, the 2nd U.S. Circuit Court of Appeals in Manhattan agreed with a lower-court judge in...
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FILE - In this May 16, 2018, file photo, PepsiCo CEO Indra Nooyi meets with Prime Minister Justin Trudeau in New York. The longtime PepsiCo CEO is stepping down and she’ll be succeeded by seasoned PepsiCo executive Ramon Laguarta. (Sean Kilpatrick/The Canadian Press via AP, File)
August 06, 2018 - 10:28 am
PURCHASE, N.Y. (AP) — With Indra Nooyi exiting PepsiCo as its longtime chief executive, the circle of CEOs in the Fortune 500 is losing one of its highest profile women. Nooyi, who was born in India, is a rarity on Wall Street as a woman and a minority leading a Fortune 500 company. She oversaw...
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A currency trader stretches himself while working at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Monday, Aug. 6, 2018. Asian stocks rose Monday despite a new Chinese threat of tariff hikes on U.S. goods after Washington reported solid employment numbers. (AP Photo/Ahn Young-joon)
August 06, 2018 - 7:32 am
BEIJING (AP) — Global stock markets were mostly higher Monday as investors focused on strong company earnings and economic data even as the U.S.-China trade dispute heated up. KEEPING SCORE: Germany's DAX rose 0.7 percent to 12,698 while London's FTSE 100 gained 0.1 percent to 7,666. France's CAC...
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Johann Ebenbichler, BMW's vice president on quality management, speaks during a press conference in Seoul, South Korea, Monday, Aug. 6, 2018. BMW AG's Korean unit apologized over engine fires that prompted recalls and a probe Monday, in its latest efforts to contain the damage as images of the German cars engulfed in flames stoked safety worries. (AP Photo/Ahn Young-joon)
August 06, 2018 - 5:14 am
SEOUL, South Korea (AP) — BMW AG's Korean unit apologized Monday over engine fires that prompted recalls and a probe, seeking to allay concerns over images of cars engulfed in flames. BMW Korea Chairman Kim Hyo-joon said the German carmaker will fully cooperate with the transport ministry's...
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