Corporate news

FILE - In this June 19, 2019, file photo cargo containers are stacked on a ship at the Port of Los Angeles in Los Angeles. On Friday, Aug. 2, the Commerce Department reports on the U.S. trade gap for June.(AP Photo/Marcio Jose Sanchez, File)
August 02, 2019 - 9:18 am
WASHINGTON (AP) — The U.S. trade deficit shrunk slightly in June, as did the politically sensitive trade deficit with China, the principal target of President Donald Trump's tariffs. The gap between the goods and services the U.S. buys and what it sells abroad fell 0.3% to $55.2 billion in June...
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August 02, 2019 - 8:08 am
KAMPALA, Uganda (AP) — Researchers in Uganda are launching the largest-ever trial of an experimental Ebola vaccine that is expected to be deployed in neighboring Congo, where a deadly outbreak has killed over 1,800 people. The trial of the Janssen Pharmaceuticals vaccine involves up to 800 people...
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A woman walks past an advertisement featuring Japanese and South Korean flags at a shop in Shin Okubo area in Tokyo Friday, Aug. 2, 2019. Japan has approved the removal of South Korea from a "whitelist" of countries with preferential trade status, escalating tensions between the neighbors. The decision will fuel antagonism between the two neighbors already at a boiling point over the export controls and the issue of compensation for wartime Korean laborers. (AP Photo/Eugene Hoshiko)
August 02, 2019 - 6:21 am
TOKYO (AP) — Japan's Cabinet on Friday approved the removal of South Korea from a list of countries with preferential trade status, prompting retaliation from Seoul where a senior official summoned the Japanese ambassador and told him that South Koreans may no longer consider Japan a friendly...
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August 02, 2019 - 4:52 am
LONDON (AP) — Royal Bank of Scotland says shareholders will receive a windfall after asset sales swelled second-quarter earnings. The taxpayer-owned bank announced a special dividend of 12 pence a share alongside an ordinary interim payment of 2 pence a share. The government will receive about 1...
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People walk by the logo of Toyota at a show room in Tokyo Friday, Aug. 2, 2019. Toyota has reported a nearly 4% increase in fiscal first quarter profit on improved sales, but the Japanese automaker slightly lowered its full year forecasts because of unfavorable currency exchange rates. (AP Photo/Eugene Hoshiko)
August 02, 2019 - 3:18 am
TOKYO (AP) — Toyota reported a nearly 4% increase in fiscal first quarter profit on improved sales, while rival Honda reported a 29% decline in fiscal first quarter profit. Both Japanese automakers on Friday lowered their profit forecasts for the fiscal year, blaming an unfavorable foreign exchange...
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August 02, 2019 - 2:35 am
TOKYO (AP) — Japanese automaker Honda has reported a 29% decline in fiscal first quarter profit as an unfavorable currency exchange and declining auto sales in the U.S. and India hurt earnings. Tokyo-based Honda Motor Co. reported Friday its April-June profit totaled 172.3 billion yen ($1.6 billion...
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August 02, 2019 - 1:09 am
TOKYO (AP) — Toyota has reported a nearly 4% increase in fiscal first quarter profit on improved sales, but the Japanese automaker slightly lowered its full year forecasts because of unfavorable currency exchange rates. Toyota Motor Corp. reported Friday its April-June profit totaled 682.9 billion...
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FILE - In a Thursday, March 3, 2016 file photo, Agriculture Commissioner Mike Strain sits in the Senate Finance Committee ahead of a hearing in Baton Rouge, La. Louisiana's first medical marijuana products are one step away from pharmacies, with final testing planned for this week. Agriculture Commissioner Mike Strain, whose department oversees the therapeutic cannabis program, said if the product collected Monday, July 29, 2019 from GB Sciences is free of contaminants, medical marijuana could reach patients early next week. (AP Photo/Melinda Deslatte, File)
August 01, 2019 - 8:43 pm
BATON ROUGE, La. (AP) — Medical marijuana is expected to start reaching select dispensaries in Louisiana on Tuesday, after the state agriculture department completed final testing and cleared therapeutic cannabis for release to patients. Agriculture Commissioner Mike Strain announced Thursday...
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FILE - In this June 19, 2017, file photo, President Donald Trump, from left, and Satya Nadella, Chief Executive Officer of Microsoft, listen as Jeff Bezos, Chief Executive Officer of Amazon, speaks during an American Technology Council roundtable in the State Dinning Room of the White House in Washington. The Pentagon says new Secretary of Defense Mike Esper is reviewing the bid process for the military's $10 billion cloud-computing contract. (AP Photo/Alex Brandon, File)
August 01, 2019 - 8:20 pm
SAN FRANCISCO (AP) — The Pentagon said new Secretary of Defense Mark Esper is reviewing the bid process for the military's $10 billion cloud-computing contract . President Donald Trump has criticized the process, citing complaints from other companies, as potentially biased toward Amazon. The e-...
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FILE - In this July 25, 2019, file photo, JUUL Labs co-founder and Chief Product Officer James Monsees testifies before a House Oversight and Government Reform subcommittee on Capitol Hill in Washington. Juul Labs gave nearly $100,000 to members of Congress during the first half of 2019 as the company faced the bulk of the blame for a surge of underage vaping and calls for tighter government regulation of the industry.(AP Photo/Susan Walsh, File)
August 01, 2019 - 7:01 pm
WASHINGTON (AP) — E-cigarette giant Juul Labs gave nearly $100,000 to members of Congress during the first half of 2019 as the company faced the bulk of the blame for a surge of underage vaping and calls for tighter government regulation of the industry. The donations from Juul's political action...
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