Corporate news

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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FILE - In this March 5, 2019, file photo, cargo containers are staged near cranes at the Port of Tacoma, in Tacoma, Wash. China has announced tariff hikes on $60 billion of U.S. goods in retaliation for President Donald Trump's escalation of a fight over technology and other trade disputes. The Finance Ministry said Monday, May 13, the penalty duties of 5% to 25% on hundreds of U.S. products including batteries, spinach and coffee take effect June 1. (AP Photo/Ted S. Warren, File)
May 13, 2019 - 9:35 pm
BEIJING (AP) — Sending Wall Street into a slide, China announced higher tariffs Monday on $60 billion worth of American goods in retaliation for President Donald Trump's latest penalties on Chinese products. Duties of 5% to 25% will take effect on June 1 on about 5,200 American products, including...
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FILE - In this Monday, Oct. 9, 2017, file photo, Peter Gelb, the general manager of the Metropolitan Opera, speaks to the media during a joint news conference with Bolshoi Theater director Vladimir Urin at the Bolshoi Theater in Moscow, Russia. The Metropolitan Opera's percentage of box office revenue rose slightly during the season that ended Saturday, May 11, 2019, giving Gelb hope the company's finances have rebounded. (AP Photo/Alexander Zemlianichenko, File)
May 13, 2019 - 6:56 pm
NEW YORK (AP) — The Metropolitan Opera's percentage of box office revenue rose slightly this season, giving general manager Peter Gelb hope the company's finances have rebounded. Gelb said the season that ended Saturday saw 69 percent of box office revenue capacity realized, up from 67 percent in...
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May 13, 2019 - 6:36 pm
NEW YORK (AP) — A businessman described by prosecutors as the "gravitational center" of a conspiracy to bribe New York police officers in one of the worst scandals to hit the department in recent decades was sentenced to four years in prison Monday. Jeremy Reichberg, 45, was also fined $50,000 for...
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FILE - In this May 9, 2019, file photo trader Jonathan Corpina works on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Monday, May 13. (AP Photo/Richard Drew, File)
May 13, 2019 - 5:31 pm
The Dow Jones Industrial Average plunged more than 600 points Monday as investors sought shelter from an escalating trade war between the U.S. and China. The selling was widespread and heavy, handing the benchmark S&P 500 index its biggest loss since January. The sell-off extended the market's...
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May 13, 2019 - 4:04 pm
MOSCOW (AP) — A Ukrainian court has rejected an appeal of a lower court ruling that said the nationalization of the country's largest commercial bank had been illegal. Ukraine's central bank requested the appeal refused Monday. The National Bank of Ukraine said it would ask a higher appeals court...
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FILE- In this Aug. 3, 2017, file photo, packages ride on a conveyor system at an Amazon fulfillment center in Baltimore. Amazon, which is racing to deliver packages faster, is turning to its employees with a proposition: Quit your job and we’ll help you start a business delivering Amazon package. The offer, announced Monday, May 13, 2019, comes as Amazon seeks to speed up its shipping time from two days to one for its Prime members. (AP Photo/Patrick Semansky, File)
May 13, 2019 - 12:14 pm
NEW YORK (AP) — Amazon, which is racing to deliver packages faster, is turning to its employees with a proposition: Quit your job and we'll help you start a business delivering Amazon packages. The offer, announced Monday, comes as Amazon seeks to speed up its shipping time from two days to one for...
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Uber CEO Dara Khosrowshahi, left, talks with specialist Peter Giacchi before his stock begins trading at the New York Stock Exchange, as his company makes its initial public offering, Friday, May 10, 2019. (AP Photo/Richard Drew)
May 13, 2019 - 10:03 am
NEW YORK (AP) — Uber shares were down 8% in morning trading and dipped below $38 after the opening bell. Monday was the first full day of trading for the ride-hailing company after its rocky debut on the stock market Friday. Its shares had been priced at $45 each. It's rare to see shares in a tech...
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