Corporate news

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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August 01, 2019 - 4:13 pm
NEW YORK (AP) — The latest on developments in financial markets (all times local): 4 p.m. Stocks took a nosedive and bond prices spiked after President Donald Trump said the U.S. would raise tariffs on more Chinese goods, increasing the stakes in an ongoing trade battle. The market had been on...
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This July 30, 2019, photo provided by James Glenn shows Glenn, a computer security expert. Glenn won a trailblazing payout in a whistleblower lawsuit over critical security flaws he found in October 2008 in Cisco Systems Inc. video surveillance software used at major U.S. international airports and multiple federal agencies with sensitive missions thought his discovery would be a career-boosting milestone. (James Glenn via AP)
August 01, 2019 - 3:23 pm
BOSTON (AP) — A computer security expert who discovered critical security flaws more than a decade ago in Cisco video surveillance software says he figured it would be a career-boosting milestone. Instead, James Glenn lost his job. And Cisco didn't acknowledge the flaws for five years. On Wednesday...
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FILE - In this July 16, 2019, file photo Chief Executive Officer Mary Barra speaks during the opening of contract talks with the United Auto Workers in Detroit. General Motors reports financial results Thursday, Aug. 1. (AP Photo/Paul Sancya, File)
August 01, 2019 - 11:41 am
DETROIT (AP) — General Motors said Thursday that higher prices for popular pickup trucks and SUVs helped overcome slowing global sales and profit rose by 1% in the second quarter. The Detroit automaker said it made $2.42 billion, or $1.66 per share, from April through June. Adjusting for...
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August 01, 2019 - 10:23 am
WASHINGTON (AP) — U.S. factory activity expanded at a slower rate in July, as measures of production and employment fell. The Institute for Supply Management, an association of purchasing managers, said Thursday that its manufacturing index slipped to 51.2 last month from 51.7 in June. Any reading...
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FILE - This Thursday, Sept. 22, 2011 file photo shows a sign outside the Stock Exchange in the City of London. The London Stock Exchange Group says it has agreed to acquire financial data and analytics company Refinitiv for $27 billion in stock and assumed debt in a deal that will help the exchange compete with the likes of Bloomberg as demand for real-time market information expands. (AP Photo/Matt Dunham, File)
August 01, 2019 - 8:03 am
LONDON (AP) — The London Stock Exchange Group says it has agreed to acquire financial data and analytics company Refinitiv for $27 billion in stock and assumed debt in a deal that will help the exchange compete with the likes of Bloomberg as demand for real-time market information expands. LSE says...
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FILE - In this Monday Jan. 21, 2013 file photo, a woman wearing a full-face veil known as niqab, pushes a baby stroller on snow-covered streets in Amsterdam, Netherlands. A new Dutch law has come into force Thursday Aug. 1, 2019, banning face-covering clothing — including the burqa and niqab worn by conservative Muslim women — on public transport, in government buildings and at health and education institutions (AP Photo/Peter Dejong, File)
August 01, 2019 - 7:10 am
THE HAGUE, Netherlands (AP) — A new Dutch law took effect Thursday banning face-covering clothing — including the burqa and niqab worn by conservative Muslim women — on public transportation, in government buildings and at health and education institutions. The Netherlands, long seen as a bastion...
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August 01, 2019 - 5:36 am
LONDON (AP) — Anglo-Dutch energy giant Royal Dutch Shell says second-quarter earnings dropped 26% as lower oil and natural gas prices overshadowed an increase in production. Earnings based on the current cost of supplies and excluding one-time items — Shell's preferred measure — fell to $3.46...
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August 01, 2019 - 5:02 am
LONDON (AP) — London-based Barclays bank says second-quarter earnings fell 19% as income stagnated and it set aside more money to cover bad loans. Net income dropped to 1.03 billion pounds ($1.25 billion) from 1.28 billion in the same period last year. Income was largely flat at 5.54 billion pounds...
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August 01, 2019 - 2:44 am
FRANKFURT, Germany (AP) — Luxury automaker BMW saw net profit fall 29% to 1.48 billion euros ($1.63 billion) in the second quarter from a year earlier as higher spending to develop new technologies and revamp factories weighed on the bottom line. The company said Thursday vehicles sales and revenue...
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