Corporate news

FILE - In this Tuesday, May 21, 2019 file photo, a member of the media tries out new Huawei Honor 20 series of phones following their global launch in London. Facebook has stopped letting its apps come pre-installed on smartphones sold by Huawei to comply with U.S. restrictions, dealing a fresh blow to the Chinese tech giant. The social network said Friday, June 7 it suspended providing software for Huawei to put on its devices while it reviews recently introduced U.S. sanctions. (AP Photo/Alastair Grant, file)
June 07, 2019 - 4:21 pm
LONDON (AP) — Facebook said Friday it has stopped letting its apps come pre-installed on smartphones sold by Huawei in order to comply with U.S. restrictions, a move that deals a fresh blow to the Chinese tech giant. The social network said it has suspended providing software for Huawei to put on...
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FILE - In this Aug. 31, 2017, file photo, workers produce vehicles at Volkswagen's U.S. plant in Chattanooga, Tenn. Top Tennessee Republicans are predicting economic harm if a vote to unionize Volkswagen's car assembly plant in Chattanooga passes. (AP Photo/Erik Schelzig, File)
June 07, 2019 - 3:45 pm
NASHVILLE, Tenn. (AP) — Top Tennessee Republicans are predicting economic harm if workers at Volkswagen's car assembly plant in Chattanooga vote to unionize, and they are following a blueprint that helped GOP officials sink a similar vote five years ago. Volkswagen workers in Chattanooga voted 712-...
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June 07, 2019 - 2:56 pm
SAG HARBOR, N.Y. (AP) — Former NASCAR CEO Brian France has pleaded guilty to driving while intoxicated in New York's Hamptons last year. Suffolk County District Attorney Timothy Sini said the 56-year-old France pleaded guilty to a misdemeanor Friday and was ordered to complete 100 hours of...
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FILE - This Aug. 31, 2017 file photo, shows a Barnes and Noble Booksellers store in Pittsburgh. The beleaguered bookseller is being sold to Elliott Management Corp. in a $476 million deal. Elliott will pay $6.50 per share. That’s an approximately 9% percent premium to the company’s Thursday closing price of $5.96. The transaction is valued at about $683 million, including debt. (AP Photo/Gene J. Puskar, File)
June 07, 2019 - 2:09 pm
Barnes & Noble is being acquired by a hedge fund for $476 million and will be taken private. The national chain that many blamed for the demise of independent bookstores has been ravaged by Amazon.com and other online sellers, but remains a critical outlet for publishers. On Friday, it was...
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June 07, 2019 - 1:31 pm
PARIS (AP) — French authorities have launched an investigation into an alleged fraud scheme involving French and Polish companies suspected of providing minced meat of extremely poor quality to charities. France's anti-fraud agency said Friday that the French company that sold 1,500 tons of frozen...
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June 07, 2019 - 3:53 am
BERLIN (AP) — German factory production has fallen more strongly than expected in April and exports have dropped sharply in a weak start to the second quarter in Europe's largest economy. The Federal Statistical Office reported Friday that industrial production dropped 1.9% over March in seasonally...
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FILE - In this Nov. 19, 2018, file photo, Nissan Motor Co. President and Chief Executive Officer Hiroto Saikawa speaks during a press conference at Nissan Motor Co. Global Headquarter in Yokohama, near Tokyo. Nissan wasn’t consulted on the proposed merger between its alliance partner Renault and Fiat Chrysler, but the Japanese automaker’s reluctance to go along may have helped bring about the surprise collapse of the talks. Saikawa told reporters late Thursday, June 6, 2019 he wanted time to learn what the Fiat Chrylser-Renault merger might mean for Nissan. (AP Photo/Shuji Kajiyama, File)
June 07, 2019 - 3:07 am
TOKYO (AP) — Nissan wasn't consulted on the proposed merger between its alliance partner Renault and Fiat Chrysler, but the Japanese automaker's reluctance to go along may have helped bring about the surprise collapse of the talks. While Nissan Motor Co. had a weaker bargaining position from the...
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FILE - In this Nov. 9, 2018, file photo, a box of merchandise is unloaded from a truck and sent along a conveyor belt at a Walmart Supercenter in Houston. Walmart is offering to have one of its employees deliver fresh groceries and put them in your refrigerator when you’re not home. The nation’s largest grocer says it will be offering the service this fall for more than one million customers in three cities: Pittsburgh, Kansas City, Missouri, and Vero Beach, Florida. (AP Photo/David J. Phillip, File)
June 07, 2019 - 12:11 am
NEW YORK (AP) — The online delivery wars are heating up inside shoppers' homes. Walmart is now offering to have one of its employees deliver fresh groceries and put them in your refrigerator when you're not home. The nation's largest grocer said Friday that it will be offering the service this fall...
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FILE - In this May 2, 2019, file photo Ethan Brown, center, CEO of Beyond Meat, attends the Opening Bell ceremony with guests to celebrate the company's IPO at Nasdaq in New York. Plant-based meat maker Beyond Meat beat Wall Street’s expectations in its first earnings report since its IPO last month. The El Segundo, California-based company lost $6.6 million, or 95 cents per share, in the first quarter, up slightly from a 98-cent loss in the same period a year ago. (AP Photo/Mark Lennihan, File)
June 06, 2019 - 4:43 pm
Beyond Meat's shares soared after the plant-based meat company beat Wall Street's expectations in its first earnings report since its IPO in May. The El Segundo, California-based company lost $6.6 million, or 95 cents per share, in the first quarter, up slightly from a 98-cent loss in the same...
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FILE - This April 20, 2019, photo shows the Adelanto Detention Center in Adelanto, Calif., a desert community northeast of Los Angeles. The Homeland Security Department's internal watchdog says rotting food, moldy and dilapidated bathrooms and agency practices at immigration detention facilities may violate detainees' rights. In the Adelanto detention facility, inspectors found nooses in detainee cells, the segregation of certain detainees in an overly restrictive way and inadequate medical care, the report said. (AP Photo/Richard Vogel)
June 06, 2019 - 4:26 pm
WASHINGTON (AP) — The Homeland Security Department's internal watchdog says rotting food, moldy and dilapidated bathrooms and agency practices at immigration detention facilities may violate detainees' rights. The Office of Inspector General made unannounced visits to four facilities in California...
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