Ownership changes

January 01, 2019 - 10:22 am
ASHGABAT, Turkmenistan (AP) — A law sharply limiting the sale of alcohol has gone into effect in the former Soviet republic of Turkmenistan, whose authoritarian president has made physical fitness a top initiative. The law that took effect Tuesday forbids the sale of alcoholic drinks including beer...
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FILE - In this Aug. 29, 2018, file photo, White House Adviser Jared Kushner waves as he arrives at the Office of the United States Trade Representative in Washington. Kushner's family company plans to buy another property in a New Jersey beach town where developers can get big tax breaks thanks to a new federal program pushed by Kushner and his wife, Ivanka Trump. (AP Photo/Jacquelyn Martin, File)
December 20, 2018 - 7:35 pm
NEW YORK (AP) — Jared Kushner's family company is buying another property in a New Jersey beach town where developers can get big tax breaks thanks to a new federal program pushed by Kushner and his wife, Ivanka Trump. The Kushner Cos. is negotiating to buy land already approved for retail space...
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FILE - This April 10, 2018, file photo shows a Juul in Marshfield, Mass. Altria is spending $12.8 billion for a stake in e-vapor company JUUL as one of the world’s biggest tobacco companies tries to offset declining cigarette use. (AP Photo/Steven Senne, File)
December 20, 2018 - 10:43 am
RICHMOND, Va. (AP) — Altria, one of the world's biggest tobacco companies, is spending nearly $13 billion to buy a huge stake in the vape company Juul as cigarette use continues to decline. The Marlboro maker said Thursday that it will take a 35 percent share of Juul, putting the value of the...
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FILE - This April 20, 2009 file photo, shows the British pharmaceuticals firm GlaxoSmithKline in London. Drugmakers GlaxoSmithKline and Pfizer are merging their healthcare divisions, creating a business with combined sales of 9.8 billion pounds ($12.7 billion). British-based Glaxo will own 68 percent of the joint venture, while U.S.-based Pfizer will own the remaining 32 percent stake. (AP Photo/Sang Tan, File)
December 19, 2018 - 1:18 pm
Drugmakers GlaxoSmithKline and Pfizer plan to merge their consumer health businesses into what will be the world leader in sales of nonprescription medicines such as pain relievers, vitamins and cold remedies. The new joint venture would have with combined annual sales of $12.7 billion (9.8 billion...
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December 19, 2018 - 9:10 am
WARSAW, Poland (AP) — Poland has signed a long-term deal with a U.S. company for supplies of liquefied natural gas as part of an effort to reduce its dependence on Russian energy. Port Arthur LNG, a subsidiary of Sempra Energy, and Poland's state gas company PGNiG issued a joint statement Wednesday...
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In this Nov. 16, 2018, photo, immigrants who entered the United States illegally wait to board a plane for a deportation flight to El Salvador by U.S. Immigration and Customs Enforcement in Houston. An obscure division of U.S. Immigration and Customs Enforcement operates hundreds of flights each year to remove immigrants. (AP Photo/David J. Phillip)
December 17, 2018 - 2:03 pm
HOUSTON (AP) — Shackled at their ankles and wrists and their shoelaces removed, a long line of men and women waited on the tarmac as a team of officers patted them down and checked inside their mouths for anything hidden. Then one by one, they climbed a mobile staircase and onto a charter plane the...
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In this Nov. 2, 2018 photo, a sales associate is seen through a window display helping a customer try on a parka at the Mall at Short Hills in Short Hills, N.J. Like many malls, this shopping complex is offering more immersive shopping experiences. Outerwear brand Canada Goose unveiled a store with a “cold room” where customers can try on its $1,000 parkas in sub-zero temperatures. (AP Photo/Ted Shaffrey)
December 11, 2018 - 10:33 am
SHORT HILLS, N.J. (AP) — Online retailers are getting physical. A growing number of brands born on the internet are now opening brick-and-mortar stores and moving into the suburban malls once considered doomed as more Americans shopped online. But they're taking it even further by doubling-down on...
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December 04, 2018 - 10:29 am
LISBON, Portugal (AP) — While some powerful European Union governments are uneasy about China possibly taking more control of the bloc's critical energy and transport infrastructure, one of western Europe's smallest economies is grabbing the opportunity with both hands. Chinese President Xi Jinping...
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In this Nov. 20, 2018, photo provided by General Motors/Cruise, from left, Cruise Automation's Dan Kan and Kyle Vogt pose for a photo with General Motors' Dan Ammann at Cruise Automation offices in San Francisco, Calif. General Motors’ No. 2 executive is moving from Motor City to Silicon Valley to run the automaker’s self-driving car operations as it attempts to cash in on its bet that robotic vehicles will transform transportation. In a transition announced Thursday, Nov. 29, GM President Ammann will become CEO of the company’s Cruise Automation subsidiary at the beginning of next year. He will replace Cruise co-founder Vogt, who will become chief technology officer. (Noah Berger/General Motors, Cruise via AP)
November 29, 2018 - 1:55 pm
SAN FRANCISCO (AP) — General Motors' No. 2 executive is moving from Motor City to Silicon Valley to run the automaker's self-driving car operations as it attempts to cash in on its bet that robotic vehicles will transform transportation. GM President Dan Ammann will become CEO of the company's...
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A Black Friday shopper walks through Dolphin Mall on Friday, Nov. 23, 2018, in Miami. Retailers are offering much of their Black Friday deals online, but shoppers still showed up at malls and stores around the country looking for discounts, and to take in the scene. (AP Photo/Lynne Sladky)
November 24, 2018 - 4:10 pm
PROVIDENCE, R.I. (AP) — The physical rush of Black Friday and the armchair browsing of Cyber Monday are increasingly blending into one big holiday shopping event as more customers buy items online and pick them up at brick-and-mortar stores. Adobe Analytics reported Saturday that more customers are...
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