Corporate news

May 09, 2019 - 8:12 pm
LAS VEGAS (AP) — A federal judge in Nevada reversed a magistrate's decision and ordered a father and son from Japan to remain jailed in U.S. custody pending trial on fraud charges in what prosecutors call a $1.5 billion international Ponzi scheme. Attorney Richard Wright, representing former MRI...
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FILE - This March 20, 2018, file photo shows the Uber app on an iPad in Baltimore. Uber is about to embark on a wild ride on Wall Street with the biggest and most hotly debated IPO in years. Uber's shares begin trading on the New York Stock Exchange, Friday, May 10, 2019. (AP Photo/Patrick Semansky, File)
May 09, 2019 - 7:46 pm
SAN FRANCISCO (AP) — Uber is about to embark on a wild ride on Wall Street with the biggest and most hotly debated IPO in years. The world's leading ride-hailing service set the stage for its long-awaited arrival on the stock market by pricing its initial public offering at $45 per share late...
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May 09, 2019 - 7:11 pm
WASHINGTON (AP) — The Health and Human Services Department announced Thursday that California-Based Gilead Sciences Inc. has agreed to donate medications that reduce the risk of HIV transmission for up to 200,000 people a year. "Will help us achieve our goal of ending the HIV epidemic in America!"...
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A Lime e-scooter sits parked on a street in downtown Portland, Ore., Thursday, May 9, 2019. A disability rights nonprofit group in Oregon filed a letter of complaint Thursday with the city of Portland over new rules about an electric scooter pilot program. (AP Photo/Gillian Flaccus)
May 09, 2019 - 6:43 pm
PORTLAND, Ore. (AP) — A disability rights nonprofit group in Oregon filed a letter of complaint Thursday with the city of Portland over new rules about an electric scooter pilot program. In its letter, Disability Rights Oregon said Portland's decision to have residents file complaints about the...
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Trader Ryan Falvey works on the floor of the New York Stock Exchange, Thursday, May 9, 2019. Stocks are opening broadly lower on Wall Street as investors keep a close eye on trade talks between the U.S. and China. (AP Photo/Richard Drew)
May 09, 2019 - 4:48 pm
Stocks closed broadly lower on Wall Street Thursday, extending the market's slide into a fourth straight day, as investors braced for a possible escalation in the trade war between the U.S. and China. Tensions between the world's two largest economies dragged stocks lower ahead of a Friday deadline...
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FILE - In this April 16, 2019, file photo, a woman exhales a puff of vapor from a Juul pen in Vancouver, Wash. Under intense scrutiny amid a wave of underage vaping, Juul is pushing into television with a multimillion-dollar campaign rebranding itself as a stop-smoking aid for adults trying to kick cigarettes. (AP Photo/Craig Mitchelldyer, File)
May 09, 2019 - 4:24 pm
WASHINGTON (AP) — The young models and the candy-colored graphics that helped propel Juul to the top of the e-cigarette market are gone. In their place are people like Carolyn, a 54-year-old former smoker featured in new TV commercials touting Juul as an alternative for middle-age smokers. "I don't...
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President Donald Trump speaks during a event on medical billing, in the Roosevelt Room of the White House, Thursday, May 9, 2019, in Washington. (AP Photo/Evan Vucci)
May 09, 2019 - 3:13 pm
WASHINGTON (AP) — President Donald Trump on Thursday called for an end to "surprise medical bills," the astonishingly high charges insured patients can face when a member of a medical team that treats them is not in their insurer's network. "Not a pleasant surprise," Trump said of bills that arrive...
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FILE - In this June 15, 2018, file photo, the Winston razor and Harry's face lotion are on display at the headquarters of Harry's Inc., in New York. Harry's, the upstart shaving company, is being acquired by the owner of Schick razors for $1.37 billion, which was announced Thursday, May 9, 2019. (AP Photo/Mary Altaffer, File)
May 09, 2019 - 2:27 pm
NEW YORK (AP) — If you can't beat them, join them. The owner of Schick razors is acquiring upstart shaving company Harry's for $1.37 billion, continuing a trend of consolidation in the shaving industry, where established brands have struggled with the rise of digital-savvy newcomers. About 79% of...
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May 08, 2019 - 11:30 pm
TOKYO (AP) — Japanese automaker Toyota and electronics maker Panasonic are forming a joint venture combining their housing businesses in Japan. Toyota Motor Corp., which offers housing as well as vehicles in Japan, said the new company will offer homes showcasing technology such as connected cars...
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Christian Dawkins stands outside federal court Wednesday, May 8, 2019, in New York. Dawkins and and youth basketball coach Merl Code were convicted on a conspiracy count, but acquitted of some other charges. (AP Photo/Frank Franklin II)
May 08, 2019 - 6:42 pm
NEW YORK (AP) — An aspiring sports business manager and an amateur basketball coach were convicted of bribery conspiracy Wednesday at a trial that showed top college coaches were paid off to steer NBA-bound athletes to favored handlers. The verdict capped the two-week trial of Christian Dawkins and...
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