Corporate news

This Nov. 29, 2018 photo shows the Transient Test Reactor at the Idaho National Laboratory in Idaho Falls, in eastern Idaho. The facility has been restarted to test nuclear fuels as the U.S. tries to revamp a fading nuclear power industry with safer fuel designs and a new generation of power plants. (AP Photo/Keith Riddler)
December 15, 2018 - 11:10 am
IDAHO NATIONAL LABORATORY, Idaho (AP) — A nuclear test reactor that can melt uranium fuel rods in seconds is running again after a nearly quarter-century shutdown as U.S. officials try to revamp a fading nuclear power industry with safer fuel designs and a new generation of power plants. The...
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FILE - In this July 29, 2013, file photo, Les Moonves arrives at the CBS, CW and Showtime TCA party at The Beverly Hilton in Beverly Hills, Calif. CBS is pledging $20 million in grants to 18 organizations dedicated to eliminating sexual harassment in the workplace as the network tries to recover from the scandal that forced the ouster of Moonves. CBS said Friday, Dec. 14, 2018 that the money will go toward helping the organizations expand their work and “ties into the company’s ongoing commitment to strengthening its own workplace culture.” (Photo by Jordan Strauss/Invision/AP, File)
December 14, 2018 - 8:32 pm
NEW YORK (AP) — CBS on Friday pledged to give $20 million to 18 organizations dedicated to eliminating sexual harassment in the workplace as the network tries to recover from a scandal that led to the ouster of its top executive, Les Moonves. The announcement comes as the network's crisis deepens,...
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President Donald Trump attends a ceremony for the signing of an executive order establishing the White House Opportunity and Revitalization Council, in the Roosevelt Room of the White House, Wednesday, Dec. 12, 2018, in Washington. At left is Sen. Tim Scott, R-S.C., and speaking at right is Bob Johnson, founder of BET. (AP Photo/Jacquelyn Martin)
December 14, 2018 - 6:04 pm
NEW YORK (AP) — President Donald Trump's company owns a golf club in an Opportunity Zone offering developers massive tax breaks, but experts say it is unlikely it could take advantage of them. The Trump National Golf Club outside Philadelphia is in one of the nation's nearly 9,000 high-poverty...
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FILE - This Oct. 10, 2008, file photo illustration shows Johnson & Johnson products, in Philadelphia. Johnson & Johnson is forcefully denying a media report that it knew for decades of the existence of trace amounts of asbestos in its baby powder. The report Friday, Dec. 14, 2018, by the Reuters news service sent company shares into a tailspin, suffering their worst sell-off in 16 years. (AP Photo/Matt Rourke, File)
December 14, 2018 - 5:50 pm
NEW YORK (AP) — Johnson & Johnson on Friday forcefully denied a media report that it knew for decades about the existence of trace amounts of asbestos in its baby powder. The report by the Reuters news service sent the company's shares into a tailspin, suffering their worst one-day sell-off in...
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FILE - This May 5, 2011 file photo shows General Motors headquarters in Detroit. The General Motors’ massive 14,000-person layoff announced last Nov. 2018 might not be as bad as originally projected. The company said Friday, Dec. 14, 2018, that 2,700 out of the 3,300 factory jobs slated for elimination will now be saved by adding jobs at other U.S. factories. Blue-collar workers in many cities will still lose jobs when GM shutters four U.S. factories next year. But most could find employment at other GM plants. Some would have to relocate. (AP Photo/Paul Sancya, File)
December 14, 2018 - 4:56 pm
DETROIT (AP) — General Motors' plans to lay off 14,000 salaried and blue-collar workers might not be as bad as originally projected. The company said Friday that 2,700 out of the 3,300 U.S. factory jobs slated for elimination will now be saved. Blue-collar workers will still lose jobs at four U.S...
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FILE - This August 2010 file photo shows a sign for Moody's Corp. in New York. Concerns are building from Washington to Wall Street about the trillions of dollars in debt that U.S. businesses have racked up, particularly by companies with relatively weak finances. (AP Photo/Mark Lennihan, File)
December 14, 2018 - 12:36 pm
NEW YORK (AP) — Homeowners appear to have learned the lesson of the Great Recession about not taking on too much debt. There is some concern that Corporate America didn't get the message. For much of the past decade, companies have borrowed at super-low interest rates and used the money to buy back...
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FILE - In this Thursday, March 8, 2018 file photo Volkswagen cars are pictured during a final quality control at the Volkswagen plant in Wolfsburg, Germany. Automaker Volkswagen says it is on track for a new annual sales record despite troubles getting vehicles certified for new European emissions tests. (AP Photo/Michael Sohn, file)
December 14, 2018 - 7:01 am
FRANKFURT, Germany (AP) — Volkswagen, which last year vied for the title of world's largest carmaker, says it is on track to beat that performance with a new annual sales record — despite trouble getting vehicles certified for new European emissions tests. Sales head Christian Dahlheim said Friday...
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Huawei chief financial officer Meng Wanzhou arrives at a parole office with a security guard in Vancouver, British Columbia, Wednesday, Dec. 12, 2018. (Darryl Dyck/The Canadian Press via AP)
December 14, 2018 - 1:13 am
TORONTO (AP) — First U.S. President Donald Trump attacked Canada on trade. Then Saudi Arabia punished it for speaking up for human rights. Now China has the country in its cross-hairs, detaining two Canadians in apparent retaliation for the arrest of a top Chinese tech executive on behalf of the...
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FILE - In this Aug. 26, 2016, file photo, a one-month dosage of hormonal birth control pills is displayed in Sacramento, Calif. A U.S. appeals court Thursday, Dec. 13, 2018, blocked rules by the Trump administration allowing more employers to opt out of providing women with no-cost birth control. (AP Photo/Rich Pedroncelli, File)
December 13, 2018 - 7:02 pm
SAN FRANCISCO (AP) — A divided U.S. appeals court Thursday blocked rules by the Trump administration that allowed more employers to opt out of providing women with no-cost birth control. The ruling, however, may be short lived because the administration has adopted new rules on contraceptive...
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People walk by a Facebook “pop-up” trailer in New York’s Bryan Park on Thursday, Dec. 13, 2018. The company hosted a one-day event open to the public, with Facebook employees on hand to answer questions about privacy settings and other issues. The pop-up event caps a difficult year for the company.(AP Photo/Barbara Ortutay)
December 13, 2018 - 6:09 pm
NEW YORK (AP) — Wrapping up a year of privacy scandals , congressional hearings and a host of other problems, Facebook hosted a one-day "pop-up" event in New York City's Bryant Park on Thursday, hoping to talk to users about their privacy settings, ad preferences and whatever else may be on their...
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