Corporate news

This Friday, May 24, 2019 photo shows the "sell by" date for a jug of milk in New York. In May 2019, U.S. regulators are again urging food makers to reduce the variety of terms like "best by" and "use by" that cause confusion about when food should be thrown out. (AP Photo/Bebeto Matthews)
June 06, 2019 - 9:19 am
NEW YORK (AP) — If milk is a few days past its "Sell By" date, is it safe to drink? U.S. regulators are urging food-makers to be more consistent with labeling terms like "Best By" and "Enjoy By" that cause confusion. By clarifying the meaning of such dates, they are trying to prevent people from...
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FILE - In this Feb. 14, 2019, file photo, this is the Fiat logo is mounted on a 2019 500 L on display at the 2019 Pittsburgh International Auto Show in Pittsburgh. French carmaker Renault looks set to give its approval to Fiat Chrysler's merger offer. The company's board is meeting Tuesday June 4, 2019 afternoon at its headquarters outside Paris to decide on a deal that could reshape the global auto industry. (AP Photo/Gene J. Puskar, File)
June 05, 2019 - 7:29 pm
PARIS (AP) — The Latest on the potential merger of carmakers Renault and Fiat Chrysler (all times local): 1:20 a.m. Fiat Chrysler says political conditions in France caused it to withdraw its offer to merge with French automaker Renault. The company says its board made the decision at a meeting...
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This photo taken on Thursday, Jan. 24, 2019 show a Ranult car parking outside the French carmaker headquarters in Boulogne-Billancourt, outside Paris, France. French carmaker Renault looks set to give its approval to Fiat Chrysler's merger offer. The company's board is meeting Tuesday afternoon at its headquarters to decide on a deal that could reshape the global auto industry. (AP Photo/Christophe Ena)
June 05, 2019 - 6:33 pm
PARIS (AP) — Renault said early Thursday it was unable to make a decision on Fiat Chrysler's merger offer because the French government asked for a delay. The French carmaker made the announcement after a six-hour board meeting outside Paris — the day after a similar meeting was also inconclusive...
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June 05, 2019 - 5:31 pm
LAS VEGAS (AP) — An Amazon executive said Wednesday that the online shopping giant isn't too big and shouldn't be broken up, but added that large companies deserve to be examined. Amazon and other big tech companies are facing scrutiny from government agencies that are looking into their business...
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FILE - In this May 29, 2019, file photo specialists James Denaro, left, and Mario Picone work on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Wednesday, June 5. (AP Photo/Richard Drew, File)
June 05, 2019 - 4:53 pm
Stocks closed higher on Wall Street for the second straight day Wednesday, extending Tuesday's strong gains as investors bet an interest rate cut could be ahead. Technology, industrial and health care companies accounted for much of the broad gains, which were tempered by a slide in energy stocks...
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FILE - In this June 2, 2019, file photo Democratic presidential candidate Sen. Bernie Sanders, I-Vt., speaks during the 2019 California Democratic Party State Organizing Convention in San Francisco. Sanders is lambasting Walmart’s board including its CEO for paying its workers what he describes as “starvation wages” and introduced a shareholder proposal that calls for hourly associates to have a seat on the company’s board. (AP Photo/Jeff Chiu, File)
June 05, 2019 - 4:08 pm
NEW YORK (AP) — Bernie Sanders took his latest fight against corporate America to Walmart's home turf. The Vermont senator and 2020 Democratic presidential contender lambasted Walmart leaders including its CEO on Wednesday for paying workers what he believes are "starvation wages" and introduced a...
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FILE - In this Dec. 5, 2011, file photo, bottles of Jack Daniel's Tennessee Whiskey line the shelves of a liquor outlet in Montpelier, Vt. The company that makes Jack Daniels took a hit from the Trump administration’s tariff fight, estimating that the standoff dragged sales growth down by a percentage point for the entire year. Brown-Forman Corp. (BF.A) on Wednesday, June 5, 2019, reported fiscal fourth-quarter net income of $159 million. (AP Photo/Toby Talbot, File)
June 05, 2019 - 12:51 pm
LOUISVILLE, Ky. (AP) — Led by strong sales for its whiskey and tequila brands, Brown-Forman Corp. reported higher fourth-quarter net income Wednesday despite taking a hit from the Trump administration's tariff fight. The Louisville, Kentucky-based company — best known for its Jack Daniel's...
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June 05, 2019 - 12:12 pm
LOS ANGELES (AP) — Riot Games has named John Needham its new global head of League of Legends esports, putting him in charge of the world's most popular competitive video game and its 13 professional leagues. Riot announced the promotion Wednesday. The current co-heads of esports, Jarred Kennedy...
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FILE - In this June 18 2010 file photo,a bartender spreads Nutella on a crepe in a creperie in Rome. French workers frustrated over salary negotiations are blocking the world's biggest Nutella factory. Tensions are mounting at the site in Villers-Ecalles in Normandy, where activists from the Workers' Force union have been blocking trucks from entering or leaving the factory for a week. (AP Photo/Alberto Pellaschiar, File)
June 05, 2019 - 9:38 am
PARIS (AP) — Workers at the world's biggest Nutella factory have removed picket lines and are back at work after production was brought to a near standstill for more than a week over a dispute on salaries. Ferrero, the owner of the hugely popular hazelnut and chocolate spread, said Wednesday that...
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FILE - In this Nov. 17, 2008, file photo, designer Kate Spade attends the CFDA/Vogue Fashion Fund finalists event in New York. A year after Spade took her own life, the foundation that bears her name announced Wednesday, June 5, 2019, the completion of a $1 million pledge to support mental health services. (AP Photo/Evan Agostini, File)
June 05, 2019 - 9:00 am
NEW YORK (AP) — A year after Kate Spade took her own life, the foundation that bears her name has announced the completion of a $1 million pledge to support mental health services. The Kate Spade New York Foundation said in a statement Wednesday it is donating $200,000 to The Jed Foundation, which...
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