Corporate news

Japanese entrepreneurs and Founder of Interstellar Technologies Inc. Takafumi Horie speaks during a press conference in Tokyo, Wednesday, May 15, 2019. Horie said a low-cost rocket business in Japan is well-positioned to accommodate scientific and commercial needs in Asia. While Japan's government-led space programs have demonstrated top-level technology, he said the country has fallen behind commercially due to high costs. (AP Photo/Koji Sasahara)
May 15, 2019 - 9:57 am
TOKYO (AP) — A Japanese startup that launched a rocket into space earlier this month plans to provide low-cost rocket services and compete with American rivals such as SpaceX, its founder said Wednesday. Interstellar Technology Inc. founder Takafumi Horie said a low-cost rocket business in Japan is...
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FILE- In this Nov. 19, 2015, photo, a row of new Ford Fusions are for sale on the lot at Butler County Ford in Butler, Pa. Ford is adding 270,000 vehicles to a recall in North America to fix a gearshift problem that could cause them roll away unexpectedly. The addition covers certain 2013 through 2016 Fusion midsize cars with 2.5-liter engines. (AP Photo/Keith Srakocic, File)
May 15, 2019 - 9:51 am
DETROIT (AP) — Ford is adding 270,000 vehicles to a recall in North America to fix a gearshift problem that could cause them roll away unexpectedly. The addition covers certain 2013 through 2016 Fusion midsize cars with 2.5-liter engines. The company is urging drivers to always use the parking...
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FILE- This May 2, 2017, file photo shows corporate signage at Macy's flagship store in New York. Macy's Inc. reports financial results Wednesday, May 15, 2019. (AP Photo/Bebeto Matthews, File)
May 15, 2019 - 9:04 am
NEW YORK (AP) — Macy's put up its sixth consecutive quarter of increases in comparable store sales fueled by its robust online business. The department store chain also smashed estimates for first quarter profits. Shares rose in premarket trading on Wednesday. Macy's report offered encouraging news...
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May 15, 2019 - 6:43 am
BEIJING (AP) — A Huawei executive said Wednesday that possible new U.S. restrictions on market access will have little impact on the Chinese tech giant due to its global reach. David Wang was responding to a Bloomberg News report that President Donald Trump plans to bar phone carriers from using...
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FILE - In this Friday, Sept. 1, 2017, file photo, Gov. John Carney speaks at a news conference in Wilmington, Del. Delaware's attorney general is investigating the medical contractor for the state's prison system amid allegations that contract counselors were ordered to forge documents to indicate that inmates were getting mental health treatment they never received. "It's upsetting that so many years down the road, and we're still not apparently getting what we're paying for," a frustrated Carney said Tuesday, May 14, 2019. "That's just unacceptable." (Suchat Pederson/The News Journal via AP, File)
May 14, 2019 - 8:12 pm
DOVER, Del. (AP) — Delaware's attorney general is investigating the state's prison system medical contractor amid allegations that staffers were ordered to forge documents to falsely state that inmates were getting mental health treatment they never received. Officials confirmed the investigation...
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A worker at the imported beef section of a supermarket that used to carry U.S. products chats with another in Beijing on Tuesday, May 14, 2019. China announced higher tariffs Monday on $60 billion worth of American goods in retaliation for President Donald Trump's latest penalties on Chinese products. (AP Photo/Ng Han Guan)
May 14, 2019 - 12:46 pm
BEIJING (AP) — U.S. officials listed $300 billion more of Chinese goods for possible tariff hikes while Beijing vowed Tuesday to "fight to the finish" in an escalating trade battle that is fueling fears about damage to global economic growth. The U.S. Trade Representative's Office issued its target...
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Trader Timothy Nick works on the floor of the New York Stock Exchange, Tuesday, May 14, 2019. Stocks are opening broadly higher on Wall Street as the market claws back some of the ground it lost in a big slide a day earlier. (AP Photo/Richard Drew)
May 14, 2019 - 12:44 pm
NEW YORK (AP) — Stocks regained some ground in afternoon trading Tuesday following a nosedive at the start of the week as the U.S. and China escalate their trade war. Investors have been dealing with creeping uncertainty since last week after President Donald Trump's decision to raise tariffs on...
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Nissan Motor Co. Chief Executive Hiroto Saikawa speaks during a press conference at its Global Headquarters in Yokohama, near Tokyo Tuesday, May 14, 2019. Japanese automaker Nissan, reeling from the arrest of its former Chairman Carlos Ghosn, reported Tuesday that annual profit nose-dived to less than half of what it earned the previous year, and forecast even dimmer results going forward.(AP Photo/Koji Sasahara)
May 14, 2019 - 9:31 am
TOKYO (AP) — Japanese automaker Nissan, reeling from the arrest of its former chairman Carlos Ghosn, reported Tuesday that its annual profit nose-dived to less than half of what it earned the previous year, and forecast even dimmer results going forward. Nissan Motor Co.'s profit for the fiscal...
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FILE- In this May 31, 2018, file photo customers enter the Apple store in New York. The Supreme Court is allowing consumers to pursue an antitrust lawsuit that claims Apple has unfairly monopolized the market for the sale of iPhone apps. (AP Photo/Mark Lennihan, File)
May 14, 2019 - 7:47 am
WASHINGTON (AP) — Consumers can pursue a lawsuit complaining that iPhone apps cost too much, the Supreme Court ruled on Monday, adding to Apple's woes that already include falling iPhone sales and a European investigation. The lawsuit could have major implications for the tech giant's handling of...
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FILE - In this Feb. 24, 2019, file photo, containers of Roundup are displayed on a store shelf in San Francisco. A Northern California jury ordered agribusiness giant Monsanto Co. to pay a combined $2.05 billion to a couple who claimed the company's popular weed killer Roundup Ready caused their cancers. The Oakland jury on Monday, May 13, 2019, delivered Monsanto's third such loss in California since August. Alva and Alberta Pilliod claimed they used Roundup for more than 30 years to landscape. They were both diagnosed with non-Hodgkin's lymphoma. Monsanto owner Bayer said it would appeal. (AP Photo/Haven Daley, File)
May 13, 2019 - 10:41 pm
SAN FRANCISCO (AP) — A jury on Monday ordered agribusiness giant Monsanto Co. to pay a combined $2.055 billion to a couple claiming that the company's popular weed killer Roundup Ready caused their cancers. The jury's verdict is the third such courtroom loss for Monsanto in California since August...
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