Corporate news

In this July 5, 2019, file photo Andre Harris works on the line at beyond Green, a maker of biodegradable bags in Lake Forest, Calif. U.S. factory activity expanded at a slower rate in July, as measures of production and employment fell. The Institute for Supply Management, an association of purchasing managers, says that its manufacturing index slipped to 51.2 last month from 51.7 in June. (AP Photo/Chris Carlson)
August 01, 2019 - 11:34 am
WASHINGTON (AP) — U.S. factory activity expanded at a slower rate in July for the fourth consecutive month as the Trump administration squares off with other countries on trade. The Institute for Supply Management, an association of purchasing managers, said Thursday that its manufacturing index...
Read More
FILE - In this July 16, 2019, file photo Chief Executive Officer Mary Barra speaks during the opening of contract talks with the United Auto Workers in Detroit. General Motors reports financial results Thursday, Aug. 1. (AP Photo/Paul Sancya, File)
August 01, 2019 - 9:33 am
DETROIT (AP) — General Motors said Thursday that higher prices for popular pickup trucks and SUVs helped overcome slowing global sales and profit rose by 1% in the second quarter. The Detroit automaker said it made $2.42 billion, or $1.66 per share, from April through June. Adjusting for...
Read More
File---Picture taken on March 20, 2019 shows the logo of German car manufacturer BMW is pictured on a BMW car prior to the earnings press conference in Munich, Germany. (AP Photo/Matthias Schrader)
August 01, 2019 - 6:56 am
FRANKFURT, Germany (AP) — Luxury automaker BMW said Thursday that net profit fell 29% to 1.48 billion euros ($1.63 billion) in the second quarter from a year earlier, as profits were reduced by higher spending on revamping factories and on new technologies such as battery-only cars and smartphone-...
Read More
August 01, 2019 - 5:36 am
LONDON (AP) — Anglo-Dutch energy giant Royal Dutch Shell says second-quarter earnings dropped 26% as lower oil and natural gas prices overshadowed an increase in production. Earnings based on the current cost of supplies and excluding one-time items — Shell's preferred measure — fell to $3.46...
Read More
August 01, 2019 - 5:02 am
LONDON (AP) — London-based Barclays bank says second-quarter earnings fell 19% as income stagnated and it set aside more money to cover bad loans. Net income dropped to 1.03 billion pounds ($1.25 billion) from 1.28 billion in the same period last year. Income was largely flat at 5.54 billion pounds...
Read More
July 31, 2019 - 10:33 pm
BOSTON (AP) — A computer security expert has won a rare payout in a whistleblower lawsuit he filed against Cisco Systems Inc. almost a decade ago. James Glenn had reported critical security flaws in Cisco video surveillance software used at major U.S. international airports and by federal agencies...
Read More
FILE - In this June 28, 2019 file photo Alaska Gov. Mike Dunleavy speaks to reporters about his budget vetoes at the state Capitol in Juneau, Alaska. A group that includes a coal company chairman and a framer of Alaska's constitution is launching an effort to recall Dunleavy. The National Conference of State Legislatures says, across the country, there have been many attempts over the years to recall governors but very few have gone far enough to trigger recall elections. (AP Photo/Becky Bohrer, File)
July 31, 2019 - 9:01 pm
JUNEAU, Alaska (AP) — A group that includes a coal company chairman and a framer of Alaska's constitution is launching an effort aimed at recalling Republican Gov. Mike Dunleavy, weeks after his far-reaching budget vetoes prompted public outrage. In late June, Dunleavy announced vetoes of more than...
Read More
July 31, 2019 - 6:08 pm
ATLANTA (AP) — Georgia Power has ordered nuclear fuel for its long-delayed expansion of Plant Vogtle, the nation's first large-scale nuclear project in more than 30 years. The fuel order was announced the day before its parent company reported second-quarter net income of $902 million, after...
Read More
FILE - In this May 8, 2009 file photo, Liu Zhongtian, the Chinese billionaire chairman of the China Zhongwang Holdings Limited, celebrates at the company's listing ceremony in the Hong Kong Stock Exchange. Liu has been charged in Los Angeles in a complex scheme to avoid $1.8 billion in aluminum tariffs, U.S. prosecutors said, Wednesday, July 31, 2019. Liu and the aluminum company he previously headed, were charged with conspiracy, wire fraud and money laundering. (AP Photo/File)
July 31, 2019 - 4:45 pm
LOS ANGELES (AP) — A Chinese billionaire has been charged in Los Angeles in a complex scheme to avoid $1.8 billion in aluminum tariffs, federal prosecutors announced Wednesday. Zhongtian Liu, the founder of China Zhongwang Holdings Limited, and the aluminum company he previously headed, were...
Read More
HOLD FOR STORY - FILE - In this July 10, 2019, file photo, Yazmin Juarez, is sworn in by a photo of her holding her daughter Mariee, 1, who died after being released from detention by U.S. Immigration and Customs Enforcement (ICE), at the start of a House Oversight subcommittee hearing on Civil Rights and Civil Liberties on treatment of immigrant children at the southern border on Capitol Hill in Washington. Juárez, the mother of a 1-year-old daughter who died weeks after being released from immigration detention center, is suing the private prison company that operates the facility. Lawyers for Yazmin Juarez filed a federal lawsuit Wednesday, July 31, 2019, against the company CoreCivic. (AP Photo/Jacquelyn Martin, File)
July 31, 2019 - 4:14 pm
HOUSTON (AP) — A woman whose 1-year-old daughter died weeks after they were released from an immigration detention center in Texas filed a lawsuit Wednesday against the private prison company that operates the facility. Lawyers for Yazmin Juárez are demanding $40 million from CoreCivic in the...
Read More

Pages