Corporate news

FILE - In this May 31, 2017 file photo, then-state Sen. Ricardo Lara, D-Bell Gardens, speaks at a Capitol news conference in Sacramento, Calif. Lara, who is now the California Insurance Commissioner, announced Wednesday, Oct. 2, 2019, that Mercury Insurance Co. is ending its two-decade battle with California regulators by agreeing to pay the state more than $41 million in property and casualty penalty and interest payments. (AP Photo/Rich Pedroncelli, File)
October 02, 2019 - 2:07 pm
SACRAMENTO, Calif. (AP) — Mercury Insurance Co. is ending its two-decade battle with California regulators over extra fees charged to customers by agreeing to pay the state more than $41 million, California Insurance Commissioner Ricardo Lara said Wednesday. He said it’s the largest property and...
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A man looks at an electronic stock board showing Japan's Nikkei 225 index at a securities firm in Tokyo Wednesday, Oct. 2, 2019. Asian shares are lower after U.S. stocks posted their worst loss in five weeks on Wednesday after a surprisingly limp report on the nation’s manufacturing that stirred worries about the economic outlook.(AP Photo/Eugene Hoshiko)
October 02, 2019 - 4:30 am
BANGKOK (AP) — Shares fell in Europe and Asia on Wednesday after a disappointing update on American manufacturing pulled U.S. stocks sharply lower. Germany's DAX declined 1.1% to 12,132.11 while the CAC 40 in Paris shed 1.2% to 5,528.67 and Britain's FTSE 100 sank 1.3% to 7,263.95. New York looked...
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FILE - In this July 30, 2013, file photo, large banners hang in an atrium at the headquarters of Johnson & Johnson in New Brunswick, N.J. Johnson & Johnson has become the latest company to settle a lawsuit to get out of the first federal trial over the nation's opioids crisis, reaching a deal worth more than $20 million with two Ohio counties, the company announced Tuesday, Oct. 1, 2019. (AP Photo/Mel Evans, File)
October 01, 2019 - 9:28 pm
Johnson & Johnson on Tuesday announced it had reached an agreement worth more than $20 million with two Ohio counties, becoming the latest company to settle a lawsuit to get out of the first federal trial over the nation's opioids crisis. The deal with Cuyahoga and Summit counties comes a...
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FILE - In this May 1, 2015 file photo, a dunes sagebrush lizard is shown. The dunes sagebrush lizard is found among the dunes straddling New Mexico and West Texas in one of the nation's richest oil basins and is at the center of a new lawsuit. Environmentalists want the federal government to add the lizard to the endangered species list. The fight stretches back to the Bush and Obama administrations and could affect part of the multibillion-dollar energy industry in the Permian Basin. (U.S. Fish and Wildlife Service via AP, File)
October 01, 2019 - 6:06 pm
ALBUQUERQUE, N.M. (AP) — A small lizard found among the dunes straddling New Mexico and West Texas in one of the nation's richest oil basins is at the center of a legal complaint filed Tuesday. Environmentalists want the U.S. government to add the lizard to the endangered species list as part of a...
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FILE - In this June 17, 2019, file photo, a cashier displays a packet of tobacco-flavored Juul pods at a store in San Francisco. Juul Labs said Monday, Sept. 30, 2019, that it will stop supporting a ballot measure to overturn an anti-vaping law in San Francisco, effectively killing the campaign. (AP Photo/Samantha Maldonado, File)
October 01, 2019 - 4:06 pm
SAN FRANCISCO (AP) — A campaign to defeat an industry-backed e-cigarette measure on San Francisco's ballot will push on despite the announcement by Juul Labs Inc. that it will stop financially supporting the proposal to overturn a city ban on e-cigarettes and vape product sales. The San Francisco...
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October 01, 2019 - 2:55 pm
NEW YORK (AP) — In a story Sept. 30 about WeWork's withdrawing its initial public offering, The Associated Press reported erroneously that the company went through $198.7 billion to fund its operations in the first six months of the year. It went through $198.7 million. Also, the last name of...
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In this Monday, Sept. 30, 2019, photo a row of Chevrolet Suburban vehicles are shown at Wally Edgar Chevrolet in Orion Township, Mich. The 16-day strike has cost GM just over $1 billion, JP Morgan analyst Ryan Brinkman estimated Tuesday in a note to investors. (AP Photo/Paul Sancya)
October 01, 2019 - 1:36 pm
DETROIT (AP) — The 16-day strike by auto workers has cost General Motors about $1 billion, an analyst says, while a parts shortage forced the company to close pickup truck and transmission plants in Mexico. Spokesman Dan Flores confirmed that production at the factories in Silao, Mexico, ended...
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FILE - In this Sept. 12, 2019 file photo, U.S. Rep. Chris Collins, R-N.Y., speaks to reporters as he leaves the courthouse after a pretrial hearing in his insider-trading case, in New York. Collins is resigning from his seat ahead of an expected guilty plea in an insider trading case in which he was accused of leaking confidential information during an urgent phone call made from a White House picnic. Collins submitted a resignation letter Monday, Sept. 30, 2019 according to a spokesman for House Speaker Nancy Pelosi. It will take effect when Congress meets in a brief session on Tuesday. (AP Photo/Seth Wenig, File)
October 01, 2019 - 9:55 am
NEW YORK (AP) — Former U.S. Rep. Chris Collins is expected to plead guilty in an insider trading case Tuesday, a day after saying he was quitting Congress. The Republican from western New York is accused of leaking confidential information about a biopharmaceutical company, allowing his son and...
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Demonstrators who had gathered to protest lawmakers pushing forward a vote to select an almost-full slate of new magistrates to the Constitutional Tribunal, celebrate after President Martin Vizcarra dissolved the legislature in Lima, Peru, Monday, Sept. 30, 2019. Lawmakers were pushing forward the vote despite Vizcarra's warning that the move threatens his fight against corruption and that he would dissolve the opposition-controlled legislature. (AP Photo/Martin Mejia)
September 30, 2019 - 11:14 pm
LIMA, Peru (AP) — Peruvian President Martín Vizcarra dissolved congress Monday, exercising seldom used executive powers to shut down the opposition-controlled legislature that he accuses of stonewalling attempts to curb widespread corruption. In a televised address, Vizcarra told the South American...
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FILE - In this March 20, 2010, file photo, a ball flicks through the net in front of the NCAA logo on the marquis during an NCAA college basketball practice in Pittsburgh. Defying the NCAA, California's governor signed a first-in-the-nation law Monday, Sept. 30, that will let college athletes hire agents and make money from endorsements — a move that could upend amateur sports in the U.S. and trigger a legal challenge. (AP Photo/Keith Srakocic, File)
September 30, 2019 - 9:16 pm
SACRAMENTO, Calif. (AP) — Defying the NCAA, California opened the way Monday for college athletes to hire agents and make money from endorsement deals with sneaker companies, soft drink makers, car dealerships and other sponsors, just like the pros. The first-in-the-nation law, signed by Democratic...
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