Corporate news

FILE- In this Nov. 19, 2015, photo, a row of new Ford Fusions are for sale on the lot at Butler County Ford in Butler, Pa. Ford is adding 270,000 vehicles to a recall in North America to fix a gearshift problem that could cause them roll away unexpectedly. The addition covers certain 2013 through 2016 Fusion midsize cars with 2.5-liter engines. (AP Photo/Keith Srakocic, File)
May 15, 2019 - 9:51 am
DETROIT (AP) — Ford is adding 270,000 vehicles to a recall in North America to fix a gearshift problem that could cause them roll away unexpectedly. The addition covers certain 2013 through 2016 Fusion midsize cars with 2.5-liter engines. The company is urging drivers to always use the parking...
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FILE - In this July 5, 2018, file photo workers assemble the Afloat water mattresses at the factory in Corona, Calif. On Wednesday, May 15, 2019, the Federal Reserve reports on U.S. industrial production for April. (AP Photo/Chris Carlson, File)
May 15, 2019 - 9:17 am
WASHINGTON (AP) — U.S. industrial production fell in April, dragged by a big drop in factory output as production of autos and auto parts continued to slide. The Federal Reserve says industrial output — reflecting total production at factories, utilities and mines — dropped 0.5% in April after a 0...
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FILE- This May 2, 2017, file photo shows corporate signage at Macy's flagship store in New York. Macy's Inc. reports financial results Wednesday, May 15, 2019. (AP Photo/Bebeto Matthews, File)
May 15, 2019 - 9:04 am
NEW YORK (AP) — Macy's put up its sixth consecutive quarter of increases in comparable store sales fueled by its robust online business. The department store chain also smashed estimates for first quarter profits. Shares rose in premarket trading on Wednesday. Macy's report offered encouraging news...
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New Zealand Prime Minister Jacinda Ardern, right, smiles prior to give a press conference, at the OECD headquarters, in Paris, Tuesday, May 14, 2019. The leaders of France and New Zealand will make a joint push to eliminate acts of violent extremism from being shown online, in a meeting with tech leaders in Paris on Wednesday. (AP Photo/Thibault Camus)
May 15, 2019 - 6:49 am
PARIS (AP) — Livestreaming terrorist attacks. Using social media to spread deadly ideas. Manipulating banned videos to keep sharing them online. World leaders and tech bosses are meeting Wednesday in Paris to find ways to stop all this. They're working all day on the "Christchurch Appeal," named...
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May 15, 2019 - 6:43 am
BEIJING (AP) — A Huawei executive said Wednesday that possible new U.S. restrictions on market access will have little impact on the Chinese tech giant due to its global reach. David Wang was responding to a Bloomberg News report that President Donald Trump plans to bar phone carriers from using...
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A worker at the imported beef section of a supermarket that used to carry U.S. products chats with another in Beijing on Tuesday, May 14, 2019. China announced higher tariffs Monday on $60 billion worth of American goods in retaliation for President Donald Trump's latest penalties on Chinese products. (AP Photo/Ng Han Guan)
May 14, 2019 - 12:46 pm
BEIJING (AP) — U.S. officials listed $300 billion more of Chinese goods for possible tariff hikes while Beijing vowed Tuesday to "fight to the finish" in an escalating trade battle that is fueling fears about damage to global economic growth. The U.S. Trade Representative's Office issued its target...
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Trader Timothy Nick works on the floor of the New York Stock Exchange, Tuesday, May 14, 2019. Stocks are opening broadly higher on Wall Street as the market claws back some of the ground it lost in a big slide a day earlier. (AP Photo/Richard Drew)
May 14, 2019 - 12:44 pm
NEW YORK (AP) — Stocks regained some ground in afternoon trading Tuesday following a nosedive at the start of the week as the U.S. and China escalate their trade war. Investors have been dealing with creeping uncertainty since last week after President Donald Trump's decision to raise tariffs on...
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Nissan Motor Co. Chief Executive Hiroto Saikawa speaks during a press conference at its Global Headquarters in Yokohama, near Tokyo Tuesday, May 14, 2019. Japanese automaker Nissan, reeling from the arrest of its former Chairman Carlos Ghosn, reported Tuesday that annual profit nose-dived to less than half of what it earned the previous year, and forecast even dimmer results going forward.(AP Photo/Koji Sasahara)
May 14, 2019 - 9:31 am
TOKYO (AP) — Japanese automaker Nissan, reeling from the arrest of its former chairman Carlos Ghosn, reported Tuesday that its annual profit nose-dived to less than half of what it earned the previous year, and forecast even dimmer results going forward. Nissan Motor Co.'s profit for the fiscal...
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Herbert Diess, CEO of the Volkswagen stock company, poses next to a Volkswagen car prior to the company's annual general meeting in Berlin, Germany, Tuesday, May 14, 2019. (AP Photo/Michael Sohn)
May 14, 2019 - 7:22 am
BERLIN (AP) — Automaker Volkswagen AG says it is investing 1 billion euros ($1.12 billion) to set up a battery production plant in Germany. Chief executive Herbert Diess said Tuesday that the factory is part of the company's effort to electrify its vehicles. He said the plant will be built in the...
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FILE - In this Feb. 24, 2019, file photo, containers of Roundup are displayed on a store shelf in San Francisco. A Northern California jury ordered agribusiness giant Monsanto Co. to pay a combined $2.05 billion to a couple who claimed the company's popular weed killer Roundup Ready caused their cancers. The Oakland jury on Monday, May 13, 2019, delivered Monsanto's third such loss in California since August. Alva and Alberta Pilliod claimed they used Roundup for more than 30 years to landscape. They were both diagnosed with non-Hodgkin's lymphoma. Monsanto owner Bayer said it would appeal. (AP Photo/Haven Daley, File)
May 13, 2019 - 10:41 pm
SAN FRANCISCO (AP) — A jury on Monday ordered agribusiness giant Monsanto Co. to pay a combined $2.055 billion to a couple claiming that the company's popular weed killer Roundup Ready caused their cancers. The jury's verdict is the third such courtroom loss for Monsanto in California since August...
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