Corporate news

A woman walks past an advertisement featuring Japanese and South Korean flags at a shop in Shin Okubo area in Tokyo Friday, Aug. 2, 2019. Japan has approved the removal of South Korea from a "whitelist" of countries with preferential trade status, escalating tensions between the neighbors. The decision will fuel antagonism between the two neighbors already at a boiling point over the export controls and the issue of compensation for wartime Korean laborers. (AP Photo/Eugene Hoshiko)
August 02, 2019 - 6:21 am
TOKYO (AP) — Japan's Cabinet on Friday approved the removal of South Korea from a list of countries with preferential trade status, prompting retaliation from Seoul where a senior official summoned the Japanese ambassador and told him that South Koreans may no longer consider Japan a friendly...
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August 02, 2019 - 4:52 am
LONDON (AP) — Royal Bank of Scotland says shareholders will receive a windfall after asset sales swelled second-quarter earnings. The taxpayer-owned bank announced a special dividend of 12 pence a share alongside an ordinary interim payment of 2 pence a share. The government will receive about 1...
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People walk by the logo of Toyota at a show room in Tokyo Friday, Aug. 2, 2019. Toyota has reported a nearly 4% increase in fiscal first quarter profit on improved sales, but the Japanese automaker slightly lowered its full year forecasts because of unfavorable currency exchange rates. (AP Photo/Eugene Hoshiko)
August 02, 2019 - 3:18 am
TOKYO (AP) — Toyota reported a nearly 4% increase in fiscal first quarter profit on improved sales, while rival Honda reported a 29% decline in fiscal first quarter profit. Both Japanese automakers on Friday lowered their profit forecasts for the fiscal year, blaming an unfavorable foreign exchange...
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August 02, 2019 - 2:35 am
TOKYO (AP) — Japanese automaker Honda has reported a 29% decline in fiscal first quarter profit as an unfavorable currency exchange and declining auto sales in the U.S. and India hurt earnings. Tokyo-based Honda Motor Co. reported Friday its April-June profit totaled 172.3 billion yen ($1.6 billion...
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August 02, 2019 - 1:24 am
TOKYO (AP) — Toyota reported a nearly 4% increase in fiscal first quarter profit on improved sales, but Japan's top automaker slightly lowered its full year forecasts because of unfavorable currency exchange rates. Toyota Motor Corp.'s said Friday its April-June profit totaled 682.9 billion yen ($6...
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FILE - In a Thursday, March 3, 2016 file photo, Agriculture Commissioner Mike Strain sits in the Senate Finance Committee ahead of a hearing in Baton Rouge, La. Louisiana's first medical marijuana products are one step away from pharmacies, with final testing planned for this week. Agriculture Commissioner Mike Strain, whose department oversees the therapeutic cannabis program, said if the product collected Monday, July 29, 2019 from GB Sciences is free of contaminants, medical marijuana could reach patients early next week. (AP Photo/Melinda Deslatte, File)
August 01, 2019 - 8:43 pm
BATON ROUGE, La. (AP) — Medical marijuana is expected to start reaching select dispensaries in Louisiana on Tuesday, after the state agriculture department completed final testing and cleared therapeutic cannabis for release to patients. Agriculture Commissioner Mike Strain announced Thursday...
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FILE - In this June 19, 2017, file photo, President Donald Trump, from left, and Satya Nadella, Chief Executive Officer of Microsoft, listen as Jeff Bezos, Chief Executive Officer of Amazon, speaks during an American Technology Council roundtable in the State Dinning Room of the White House in Washington. The Pentagon says new Secretary of Defense Mike Esper is reviewing the bid process for the military's $10 billion cloud-computing contract. (AP Photo/Alex Brandon, File)
August 01, 2019 - 8:20 pm
SAN FRANCISCO (AP) — The Pentagon said new Secretary of Defense Mark Esper is reviewing the bid process for the military's $10 billion cloud-computing contract . President Donald Trump has criticized the process, citing complaints from other companies, as potentially biased toward Amazon. The e-...
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FILE - In this July 25, 2019, file photo, JUUL Labs co-founder and Chief Product Officer James Monsees testifies before a House Oversight and Government Reform subcommittee on Capitol Hill in Washington. Juul Labs gave nearly $100,000 to members of Congress during the first half of 2019 as the company faced the bulk of the blame for a surge of underage vaping and calls for tighter government regulation of the industry.(AP Photo/Susan Walsh, File)
August 01, 2019 - 7:01 pm
WASHINGTON (AP) — E-cigarette giant Juul Labs gave nearly $100,000 to members of Congress during the first half of 2019 as the company faced the bulk of the blame for a surge of underage vaping and calls for tighter government regulation of the industry. The donations from Juul's political action...
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FILE - This combination of April 30, 2018, file photos shows signage for a Sprint store in New York's Herald Square, top, and signage at a T-Mobile store in New York. Texas is joining more than a dozen states suing to stop T-Mobile’s $26.5 billion takeover of rival cellphone company Sprint, arguing that the deal is bad for consumers because it would reduce competition. (AP Photo/Bebeto Matthews, File)
August 01, 2019 - 6:34 pm
NEW YORK (AP) — Texas has joined more than a dozen states that are suing to stop T-Mobile's $26.5 billion takeover of rival cellphone company Sprint, arguing that the deal is bad for consumers because it would reduce competition. It's the first Republican attorney general of the group, which now...
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FILE - This file photo taken Monday, May 12, 2019, off Arizona scenic state Highway 83 shows the eastern slope of the Santa Rita Mountains where Canadian firm Hudbay Minerals Inc. plans an open pit copper mine. A federal judge has overturned the U.S. Forest Service's approval of a Canadian company's planned new copper mine in southeastern Arizona. The judge ruled, Wednesday, Aug. 1 2019, the agency improperly evaluated and considered water use issues associated with the Rosemont Mine planned in the Santa Rita Mountains on part of the Coronado National Forest. (AP Photo/Anita Snow,File)
August 01, 2019 - 4:22 pm
PHOENIX (AP) — A federal judge has overturned the U.S. Forest Service's approval of plans for a new copper mine in southeastern Arizona in a decision that comes amid a larger battle across the West over the use of public lands for mining. The judge ruled late Wednesday that the agency improperly...
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