Corporate management

November 02, 2019 - 5:49 pm
Airbnb Inc. says it's banning "party houses" in the wake of a deadly shooting at an Airbnb rental in California. In a series of tweets Saturday, Airbnb co-founder and CEO Brian Chesky said that the San Francisco-based company is stepping up efforts to "combat unauthorized parties and get rid of...
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FILE - In this Jan. 16, 2018 file photo, Adam Neumann, co-founder and CEO of WeWork, attends the opening bell ceremony at Nasdaq, in New York. A former top aide to ousted WeWork co-founder Adam Neumann is accusing him and other company executives of discriminating against her when she became pregnant. The former employee, Medina Bardhi, filed a federal complaint Thursday, Oct. 31, 2019 saying she was twice demoted after becoming pregnant and ultimately fired after complaining internally. (AP Photo/Mark Lennihan, File)
October 31, 2019 - 6:55 pm
NEW YORK (AP) — A former top aide to WeWork co-founder Adam Neumann is accusing him and other executives of discriminating against her for becoming pregnant. Medina Bardhi says in a federal complaint filed Thursday that she was demoted, derided for going on leave, and ultimately fired for raising...
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FILE - In this May 28, 2019, file photo Lyft scooters are seen along Mission Beach boardwalk in San Diego. Lyft, Inc. reports financial earns on Wednesday, Oct. 30. (AP Photo/Gregory Bull, File)
October 30, 2019 - 7:29 pm
NEW YORK (AP) — Lyft is still losing staggering sums of money as it barrels ahead with impressive revenue growth, but its executives said they believe the company will turn a corner and reach profitability in about two years. The ride-hailing heavyweight brought in $955.6 million in revenue in the...
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President Donald Trump walks out of the North Portico of the White House in Washington, Monday, Oct. 28, 2019, to travel to Andrews Air Force Base, Md., and then on to Chicago. (AP Photo/Andrew Harnik)
October 30, 2019 - 6:23 pm
WASHINGTON (AP) — President Donald Trump's top adviser for Russian and European affairs is leaving his job at the White House, a day before he's scheduled to testify before the House impeachment investigators, a senior administration official said Wednesday. Tim Morrison owes his job at the...
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Former Exxon CEO and ex-Secretary of State Rex Tillerson, second from right, leaves a courthouse in New York, Wednesday, Oct. 30, 2019. As Exxon faced the prospect of new climate regulations, the energy giant's leaders sought a full understanding of how they would affect the bottom line, Tillerson told a court Wednesday in a securities fraud lawsuit brought by the New York attorney general's office. (AP Photo/Seth Wenig)
October 30, 2019 - 4:25 pm
NEW YORK (AP) — As Exxon faced the prospect of new climate regulations, the energy giant set out to understand — not understate — how they would affect the bottom line, former CEO and ex-Secretary of State Rex Tillerson told a court Wednesday. Exxon set up a system for gauging climate risks and...
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Boeing Company President and Chief Executive Officer Dennis Muilenburg, right, is surrounded by photographers on Capitol Hill in Washington, Tuesday, Oct. 29, 2019, before the start of a Senate Committee on Commerce, Science, and Transportation hearing on "Aviation Safety and the Future of Boeing's 737 MAX." (AP Photo/Susan Walsh)
October 30, 2019 - 1:29 pm
Lawmakers blasted Boeing and peppered its CEO on Wednesday with questions about the design and marketing of the 737 Max, the plane involved in two crashes that killed 346 people. House Transportation Committee Chairman Peter DeFazio, D-Ore., said Boeing showed a "lack of candor all through this."...
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October 30, 2019 - 12:54 pm
OxyContin maker Purdue Pharma paid its CEO $9 million and its board chairman nearly $4 million in the 12 months before the company's bankruptcy filing last month, according to financial documents filed with the bankruptcy court this week. Five other board members overseeing the private company were...
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FILE - In this Nov. 27, 2018, file photo a banner depicting the Chevrolet Cruze model vehicle is displayed at the General Motors' Lordstown plant in Lordstown, Ohio. An economic renaissance in the industrial Midwest promised by President Donald Trump has suffered in recent weeks in ways that could be problematic for Trump's 2020 re-election. (AP Photo/John Minchillo, File)
October 30, 2019 - 9:51 am
TOLEDO, Ohio (AP) — President Donald Trump once promised that coal and steel would be the beating heart of a revived U.S. economy — a nostalgic vision that helped carry him to victory three years ago in the industrial Midwest. But a year away from Election Day, that promised renaissance is not...
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FILE - In this Aug. 20, 2007, file photo Robert Murray, founder and chairman of Cleveland-based Murray Energy Corp., arrives at a news conference at the entrance to the Crandall Canyon Mine, in northwest of Huntington, Utah. Ohio-based Murray Energy filed for Chapter 11 bankruptcy reorganization Tuesday, Oct. 29, 2019. Former CEO Robert Murray said the move was necessary to access liquidity and best position the company for long-term success. (AP Photo/Jae C. Hong, File)
October 29, 2019 - 2:42 pm
CHARLESTON, W.Va. (AP) — A major U.S. coal mining company is seeking bankruptcy protection, despite a flurry of regulatory breaks that its CEO pushed for — and received — from the Trump administration. Ohio-based Murray Energy filed for Chapter 11 bankruptcy reorganization Tuesday, joining a...
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FILE - In this April 29, 2019, file pool photo Boeing Chief Executive Dennis Muilenburg speaks at a news conference after company's annual shareholders meeting at the Field Museum in Chicago. Muilenburg says that after Boeing finishes upgrading flight-control software on the Max, it will be one of the safest planes ever. Muilenburg is scheduled to testify Tuesday, Oct. 29, before a Senate committee, then again on Wednesday before a House panel. (Joshua Lott/The Washington Post via AP, Pool, File)
October 28, 2019 - 7:29 pm
On the anniversary of the first of two deadly crashes involving Boeing 737 Max jets, the CEO will tell Congress that the aircraft company knows it made mistakes and is throwing everything into fixing the plane. "We have learned and are still learning from these accidents," Dennis Muilenburg said,...
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