Corporate management

August 04, 2020 - 9:01 am
DETROIT (AP) — Ford Chief Operating Officer Jim Farley will lead the storied automaker into the future starting Oct. 1 when current CEO Jim Hackett retires. The company has struggled in recent years and is in the midst of an $11 billion restructuring plan designed to make it leaner and crank out...
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President Donald Trump speaks during a meeting with U.S. tech workers, before signing an Executive Order on hiring American workers, in the Cabinet Room of the White House, Monday, Aug. 3, 2020, in Washington.(AP Photo/Alex Brandon)
August 03, 2020 - 3:08 pm
WASHINGTON (AP) — President Donald Trump said Monday that he had fired the chair of the Tennessee Valley Authority, criticizing the federal-owned corporation for hiring foreign workers. Trump told reporters at the White House that he was formally removing chair Skip Thompson and another member of...
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August 03, 2020 - 2:04 pm
SAN JUAN, Puerto Rico (AP) — The CEO of Puerto Rico’s state-owned power company is resigning as thousands of clients remain without electricity since last week’s tropical storm that further weakened a grid still trying to recover from previous hurricanes and earthquakes, officials said Monday. José...
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FILE - In this Feb. 9, 2012 file photo, former presidential candidate Herman Cain addresses the Conservative Political Action Conference in Washington. Cain has died after battling the coronavirus. A post on Cain's Twitter account on Thursday, July 30, 2020 announced the death. (AP Photo/J. Scott Applewhite, File)
July 30, 2020 - 7:22 pm
ATLANTA (AP) — Herman Cain, former Republican presidential candidate and former CEO of a major pizza chain who went on to become an ardent supporter of President Donald Trump, died Thursday of complications from the coronavirus. He was 74. Dan Calabrese, who authored a post on Cain's website...
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President Donald Trump wears a face mask as he participates in a tour of Bioprocess Innovation Center at Fujifilm Diosynth Biotechnologies, Monday, July 27, 2020, in Morrisville, N.C. (AP Photo/Evan Vucci)
July 28, 2020 - 5:17 pm
WASHINGTON (AP) — The feud between conservatives and social media companies over alleged censorship escalated Tuesday after President Donald Trump and his son shared a fresh dose of misinformation about a disproven drug for treating the coronavirus in videos that were quickly taken down by Twitter...
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FILE - In this Tuesday, July 21, 2020, file photo, Ohio House Speaker Larry Householder leaves the federal courthouse after an initial hearing following charges against him and four others alleging a $60 million bribery scheme, in Columbus, Ohio. (AP Photo/Jay LaPrete, File)
July 25, 2020 - 9:05 am
COLUMBUS, Ohio (AP) — An accused co-conspirator called it an “unholy alliance" — dealings between a longtime Ohio politician seeking to restore his power and an energy company in desperate need of a billion-dollar bailout to rescue two nuclear plants in the state. Both the politician, current Ohio...
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FILE - In this Dec. 3, 2012, file photo, Chinese real estate mogul Ren Zhiqiang poses for photos in his office in Beijing. Ren, former chairman of a state-owned real estate company who publicly criticized Chinese President Xi Jinping’s handling of the coronavirus pandemic has been expelled from the ruling Communist Party and will be prosecuted on corruption charges, the party announced Friday, July 24, 2020. (Color China Photo via AP)
July 24, 2020 - 4:51 am
BEIJING (AP) — The former chairman of a state-owned real estate company who publicly criticized President Xi Jinping’s handling of the coronavirus pandemic has been expelled from the ruling Communist Party and will be prosecuted on corruption charges, the party announced Friday. Ren Zhiqiang, who...
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FILE - In this Feb. 8, 2018, file photo the designs of Stuart Weitzman are displayed in the The Pool, in the former Four Seasons Restaurant, during New York Fashion Week. The parent company of the Kate Spade, Stuart Weitzman and Coach fashion brands said Tuesday, July 21, 2020, that Jide Zeitlin, its chairman and CEO, has resigned from the company and board for personal reasons, effective immediately. Zeitlin, who had been chairman since November 2014 of Tapestry Inc., took over as CEO in September 2019 after the New York-based company ousted its then-CEO Victor Luis. (AP Photo/Richard Drew, File)
July 21, 2020 - 7:13 pm
NEW YORK (AP) — The CEO of the parent company of Kate Spade, Stuart Weitzman and Coach fashion brands resigned Tuesday citing allegations of misconduct by a woman with whom he had a relationship more than a decade ago. Jide Zeitlin had been Tapestry Inc.'s chairman since November 2014 and took over...
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July 21, 2020 - 7:41 am
ANKARA, Turkey (AP) — The Turkish president's ruling party is submitting draft legislation to parliament that would enable the government to tighten its grip on social media, an official said Friday. The opposition fears the legislation will lead to greater censorship in the country. President...
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FILE - In this June 24, 2019, file photo, the Eldorado Resort Casino stands in Reno, Nev. A Nevada company that started in 1973 in Reno has completed a $17.3 billion buyout of Caesars Entertainment Corp. and will take the iconic company's name going forward as the largest casino owner in the world. Eldorado Resorts said Monday, July 20, 2020, it now owns more than 55 casino properties in 16 U.S. states. (Colton Lochhead/Las Vegas Review-Journal via AP, File)
July 20, 2020 - 5:02 pm
LAS VEGAS (AP) — A Nevada company that started in 1973 with a single hotel-casino in Reno announced Monday it has completed a $17.3 billion buyout of Caesars Entertainment Corp. and will take the iconic company’s name going forward as the largest casino owner in the world. Eldorado Resorts Inc...
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