Corporate news

FILE - This Thursday, Jan. 3, 2013, file photo shows Google's headquarters in Mountain View, Calif. As the Trump administration moves toward antitrust action against search giant Google, it’s campaigning to enlist support from sympathetic state attorneys general across the country. And President Donald Trump is pushing his campaign against Big Tech on Wednesday, Sept. 23, 2020, touting curbs on legal protections for social media platforms he denounces as biased against conservative views.(AP Photo/Marcio Jose Sanchez, File)
September 23, 2020 - 3:26 pm
WASHINGTON (AP) — As the Trump administration moves toward antitrust action against search giant Google, it’s campaigning to enlist support from sympathetic state attorneys general across the country. And President Donald Trump is pushing his campaign against Big Tech on Wednesday, touting curbs on...
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Eric Trump, the son of President Donald Trump, greets supporters at a campaign rally, Tuesday, Sept. 17, 2020, in Saco, Maine. (AP Photo/Robert F. Bukaty)
Associated Press
September 23, 2020 - 2:52 pm
NEW YORK (AP) — Eric Trump must testify in a New York investigation into the family’s businesses before the November presidential election, a judge ruled Wednesday, rejecting lawyers’ claims that Trump's “extreme travel schedule” on the campaign trail warranted a delay. State Judge Arthur Engoron...
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FILE - In this March 10, 2020 file photo, Wells Fargo CEO and President Charles Scharf is seated before he testifies during a hearing of the House Financial Services Committee, on Capitol Hill, in Washington. Scharf apologized Wednesday, Sept. 23 for comments he made that dismissed concerns that the banking industry, which has a long history of racist behavior, wasn’t doing enough to promote and retain diverse talent. (AP Photo/Alex Brandon, File)
September 23, 2020 - 12:51 pm
NEW YORK (AP) — Wells Fargo CEO Charles Scharf apologized Wednesday for comments he made about the difficulty of finding qualified Black executives. Scharf said that “there is a very limited pool of black talent to recruit from” in corporate America. The memo to employees was written in June, but...
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FILE - In this July 29, 2020 file photo, a VW ID.4 stands in front of the Frauenkirche on the occasion of a Volkswagen vehicle presentation on the Neumarkt in Dresden, Germany. Germany's Volkswagen is unveiling the ID.4, the battery-powered sport-utility vehicle that is headed for global markets including the United States and China, as the company takes a major step forward in its campaign to make electric cars a mass-market choice. (Sebastian Kahnert/dpa via AP, File)
September 23, 2020 - 11:07 am
BERLIN (AP) — German prosecutors said Wednesday they have filed charges against eight more Volkswagen employees accused of involvement in the company's diesel scandal, which saw it sell cars fitted with software that let them cheat on emissions tests. Prosecutors in Braunschweig did not identify...
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This image provided by Mars Food shows the new logo/name of Ben’s Original. The Uncle Ben's rice brand is getting a new name: Ben's Original. Parent firm Mars Inc. unveiled the change Wednesday, Sept. 23, 2020 for the 70-year-old brand, the latest company to drop a logo criticized as a racial stereotype. Packaging with the new name will hit stores next year. (Mars via AP)
September 23, 2020 - 6:18 am
NEW YORK (AP) — The Uncle Ben's rice brand is getting a new name: Ben's Original. Parent firm Mars Inc. unveiled the change Wednesday for the 70-year-old brand, the latest company to drop a logo criticized as a racial stereotype. Packaging with the new name will hit stores next year. “We listened...
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September 23, 2020 - 2:24 am
MEDELLIN, Colombia (AP) — A major U.S. asphalt company agreed to pay $16.6 million in fines while pleading guilty Tuesday to federal charges that it paid millions in bribes to officials in Brazil, Ecuador and Venezuela for almost a decade to win lucrative contracts. The plea agreement by Sargeant...
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Currency traders work at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Wednesday, Sept. 23, 2020. Asian markets were mostly lower on Wednesday as investors kept a wary eye on how the coronavirus pandemic will affect the economic outlook. (AP Photo/Ahn Young-joon)
September 23, 2020 - 12:03 am
Asian markets were mostly lower on Wednesday as investors kept a wary eye on how the coronavirus pandemic will affect the economic outlook. Stocks slipped Wednesday in Japan, Hong Kong and Seoul but rose in Sydney after the government reported retail sales fared better than expected. Overnight, the...
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FILE - In this March 9, 2020, file photo, Tesla and SpaceX Chief Executive Officer Elon Musk speaks at the SATELLITE Conference and Exhibition in Washington. Tesla is expected to announce a breakthrough in electric vehicle battery chemistry on Tuesday Sept. 22 that could bring down the cost of the vehicles and increase their range and durability. At an event called “battery day,” Musk likely will show off the new technology, which could increase the traveling range per charge and durability of its batteries.(AP Photo/Susan Walsh, File)
September 22, 2020 - 8:51 pm
SAN RAMON, Calif. (AP) — Tesla is working on new battery technology that CEO Elon Musk says will enable the company within the next three years to make sleeker, more affordable cars that can travel dramatically longer distances on a single charge. But the battery breakthroughs that Musk unveiled...
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FILE - In this file photo dated Tuesday, Sept. 4, 2018, a Nike company logo is displayed outside a Nike store in Charlotte, N.C. Nike appears to have recovered from its pandemic slump, posting a solid quarterly profit driven by soaring online sales of its sneakers and workout apparel. The world's largest sports apparel maker on Tuesday, Sept. 22, 2020 reported a net profit of $1.5 billion profit, or 95 cents per share, in the three-month period ending Aug. 31, up 11% from the same 2019 quarter. (AP Photo/Chuck Burton, file)
September 22, 2020 - 6:32 pm
NEW YORK (AP) — Nike appears to have recovered from its pandemic slump, posting a solid quarterly profit driven by soaring online sales of its sneakers and workout apparel. The world's largest sports apparel maker on Tuesday reported a net profit of $1.5 billion profit, or 95 cents per share, in...
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FILE - This Nov. 4, 2019, file photo shows cargo cranes at the Port of Tacoma in Tacoma, Wash. U.S lawmakers are pushing for a ban on exports from an area of northwest China following a report that found widespread use of forced labor. (AP Photo/Ted S. Warren, File)
September 22, 2020 - 5:23 pm
WASHINGTON (AP) — A bipartisan bill aimed at keeping goods out of the U.S. that are made with the forced labor of detained ethnic minorities in China passed overwhelmingly Tuesday in the House of Representatives despite concerns about the potential effects on global commerce. The House voted 406-3...
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