Corporate news

This Jan. 23, 2009 photo shows the Pend Oreille Mine in Metaline Falls, Wash. The Pend Oreille Mine closed on July 31, at a cost of about 200 jobs in an area of less than 1,000 residents. (Dan Pelle/The Spokesman-Review via AP)
August 10, 2019 - 4:11 pm
METALINE FALLS, Wash. (AP) — Times are tough in a rural county in northeast Washington state because one of the region's biggest employers is shutting down. The Pend Oreille Mine, just north of Metaline Falls, closed on July 31, at a cost of about 200 family wage jobs in an area of less than 1,000...
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A TuffyPack ballistic shield sits on top of a backpack it will be inserted into before a shooting demonstration at the Shiloh Shooting Range, Friday, August 9, 2019, in Houston. The company produces some bullet-resistant backpacks but the bulk of the business is in removable ballistic shields that are inserted in backpacks. (AP Photo/Michael Wyke)
August 09, 2019 - 4:57 pm
NEW YORK (AP) — Companies like Guard Dog Security, TuffyPacks and Bullet Blocker are peddling bullet-resistant backpacks for children in time for the back-to-school shopping season. But critics argue they are using tragedy as a marketing opportunity and exploiting parents' worst fears. Safety is...
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FILE - This July 8, 2019 file photo shows signs urging Alaska lawmakers to fund a full oil wealth fund check, known locally as the PFD, in Wasilla, Alaska. For decades, Alaska has had an uneasy reliance on oil, building budgets around its volatile boom-or-bust nature. When times were rough, prices always seemed to rebound, forestalling a day of reckoning some believe may finally have come. The situation has politicians weighing changes to the annual dividend paid to residents from earnings of the state's oil-wealth fund, the Alaska Permanent Fund. (AP Photo/Mark Thiessen, File)
August 09, 2019 - 2:11 pm
JUNEAU, Alaska (AP) — Daniel Bowen came to Alaska in 2011, looking for adventure and opportunity. He and his wife eventually settled on the Kenai Peninsula south of Anchorage, a salmon fishing haven calling itself "Alaska's Playground." But the Bowens, both teachers, recently returned to their...
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August 09, 2019 - 12:56 pm
AUSTIN, Texas (AP) — Prosecutors say the founder of a Texas company that sold plans for making untraceable 3D printed guns has pleaded guilty to having sex with an underage girl. Travis County Assistant District Attorney Joe Frederick says Cody Wilson pleaded guilty Friday to a lesser charge of...
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FILE - This Sept. 4, 2017, aerial file photo shows Fukushima Dai-ichi nuclear power plant reactors, bottom from right, Unit 1, Unit 2 and Unit 3, in Okuma town, Fukushima prefecture, northeastern Japan. The utility company operating Fukushima's tsunami-wrecked nuclear power plant said Friday, Aug. 9, 2019 it will run out of space for tanks to store massive amounts of treated but still contaminated water in three years, adding pressure for the government and the public to reach consensus on what to do with the water. (Daisuke Suzuki/Kyodo News via AP, File)
August 09, 2019 - 10:39 am
TOKYO (AP) — The utility company operating Fukushima's tsunami-devastated nuclear power plant said Friday it will run out of space to store massive amounts of contaminated water in three years, adding pressure on the government and the public to reach a consensus on what to do with it. Three...
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August 08, 2019 - 5:57 pm
SAN FRANCISCO (AP) — Facebook is reportedly in talks with news publishers to offer "millions of dollars" for the rights to publish their material on its site. The move follows years of criticism over its growing monopolization of online advertising to the detriment of the struggling news industry...
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FILE - In this May 22, 2019 file photo, Miami Dolphins owner Stephen Ross arrives during the NFL owners meeting on Wednesday, May 22, 2019, in Key Biscayne, Fla. Luxury gym Equinox and indoor cycling studio Soul Cycle are facing a backlash from some members and celebrities over a fundraiser being held for President Donald Trump by one of their executives. Ross, chairman and founder of real estate development company The Related Cos., which owns Equinox and SoulCycle, is throwing the fundraiser on Friday, Aug. 9, 2019 at his house in the Hamptons. (AP Photo/Brynn Anderson, File)
August 08, 2019 - 3:04 pm
Luxury gym Equinox and indoor cycling studio Soul Cycle are facing a backlash from some members and celebrities over a fundraiser being held for President Donald Trump by a company executive. Stephen Ross, chairman and founder of real estate development company The Related Cos., which owns Equinox...
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A man is taken into custody at a Koch Foods Inc. plant in Morton, Miss., on Wednesday, Aug. 7, 2019. U.S. immigration officials raided several Mississippi food processing plants on Wednesday and signaled that the early-morning strikes were part of a large-scale operation targeting owners as well as employees. (AP Photo/Rogelio V. Solis)
August 07, 2019 - 7:34 pm
MORTON, Miss. (AP) — U.S. immigration officials raided seven Mississippi chicken processing plants Wednesday, arresting 680 mostly Latino workers in the largest workplace sting in at least a decade. The raids, planned months ago, happened just hours before President Donald Trump was scheduled to...
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FILE - In this Aug. 6, 2019, file photo trader Jonathan Mueller works on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Wednesday, Aug. 7. (AP Photo/Richard Drew, File)
August 07, 2019 - 11:24 am
NEW YORK (AP) — U.S. stocks fell broadly in midday trading Wednesday as central banks around the world cut interest rates and increased fears that global growth is being crimped by the U.S.-China trade war. Every major U.S. index fell and put stocks back on a course for losses after briefly...
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FILE - This Oct. 21, 2016, file photo shows a CVS drugstore and pharmacy location in Philadelphia. CVS swung back to a profit in the second quarter and easily beat expectations thanks in part to its acquisition of the health insurer Aetna. The drugstore on Wednesday, Aug. 7, 2019 reported profits of $1.94 billion, or $1.49 per share. Earnings, adjusted for one-time items, were $1.89 per share, which was 19 cents better than expected, according to a survey by Zacks Investment Research.(AP Photo/Matt Rourke, File)
August 07, 2019 - 8:00 am
CVS Health swung back to a profit in the second quarter and raised its 2019 forecast beyond Wall Street expectations thanks partly to an influx of revenue from its recently acquired health insurance business. Shares of the drugstore chain and pharmacy benefit manager jumped early Wednesday after it...
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