Corporate management

September 19, 2018 - 5:32 am
COPENHAGEN, Denmark (AP) — The chief executive of Denmark's largest bank resigned Wednesday as an internal report into allegations of massive money laundering via its Estonian branch showed that "the vast majority" of transactions "have been found to be suspicious." Danske Bank commissioned the...
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September 18, 2018 - 3:20 pm
ORLANDO, Fla. (AP) — SeaWorld and two former executives on Tuesday agreed to pay more than $5 million to settle federal fraud claims that they misled investors about the negative impact the 2013 documentary "Blackfish" had on business. The U.S. Securities and Exchange Commission filed the complaint...
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FILE- In this Monday, Sept. 17, 2018, file photo Tesla CEO and SpaceX founder and chief executive Elon Musk speaks after announcing Japanese billionaire Yusaku Maezawa as the first private passenger on a trip around the moon in Hawthorne, Calif. Tesla Inc. has turned over documents to the U.S. Justice Department after statements by Musk about taking the company private, the electric car maker confirmed Tuesday, Sept. 18. (AP Photo/Chris Carlson, File)
September 18, 2018 - 1:39 pm
DETROIT (AP) — Tesla Inc. has turned over documents to the U.S. Justice Department after statements by CEO Elon Musk about taking the company private, the electric car maker confirmed Tuesday. The Palo Alto, California, company cooperated with the request and believes the matter should be resolved...
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In this Aug. 29, 2018, photo, a man works in an auto parts factory in Liaocheng in eastern China's Shandong province. The Trump administration announced Monday, Sept. 17, 2018, that it will impose tariffs on $200 billion more in Chinese goods starting next week, escalating a trade war between the world's two biggest economies and potentially raising prices on goods ranging from handbags to bicycle tires. (Chinatopix via AP)
September 18, 2018 - 9:40 am
BEIJING (AP) — China on Tuesday announced a tariff hike on $60 billion of U.S. products in response to President Donald Trump's latest duty increase in a dispute over Beijing's technology policy. The announcement followed a warning by an American business group that a "downward spiral" in their...
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FILE- In this April 18, 2017, file photo, a FedEx cargo plane sits idle during the day at Richmond International Airport in Sandston, Va. FedEx Corp. reports earnings Monday, Sept. 17, 2018. (AP Photo/Steve Helber, File)
September 17, 2018 - 7:14 pm
DALLAS (AP) — Shortly before the Trump administration announced a new round of tariffs against Chinese goods, FedEx Corp. leaders tried to assure investors Monday that a widening trade war will have little direct effect on the company. However, Chairman and CEO Fred Smith renewed his criticism of...
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September 13, 2018 - 3:00 pm
WASHINGTON (AP) — The Trump administration blacklisted two North Korean-controlled information technology companies based in China and Russia on Thursday as it pushed for progress by Kim Jong Un's government on denuclearization. The Treasury Department announced it was designating China Silver Star...
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September 12, 2018 - 10:26 pm
DETROIT (AP) — Tesla apparently is having trouble informing customers about deliveries of the Model 3 mass-market electric car. In a Twitter response to a Model 3 buyer Wednesday, CEO Elon Musk wrote that customers "may experience longer response times" because of a large increase in vehicle...
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Workers' Party presidential candidate Fernando Haddad, center, and his running-mate Manuela d'Avila, right, hold a campaign rally outside federal police headquarters where former President Luiz inacio Lula da Silva is in jail for corruption in Curitiba, Brazil, Tuesday, Sept. 11, 2018. Brazil’s Workers’ Party replaced da Silva with Haddad as its candidate for October’s general election, clarifying one of the biggest question marks hanging over the vote to lead Latin America’s largest nation. (AP Photo/Eraldo Peres)
September 12, 2018 - 12:28 am
RIO DE JANEIRO (AP) — In a letter from his jail cell, former Brazilian President Luiz Inacio Lula da Silva called on tens of millions of supporters to vote for the man he named to lead his Workers' Party ticket in October's presidential election. "I want everyone who would vote for me to vote for...
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FILE - In this March 26, 2018 file photo, Luiz Inacio Lula da Silva, Brazil's former president and the Workers' Party presidential candidate, attends a campaign rally in Francisco Beltrao, Brazil. The Workers' Party bowed to court orders Tuesday, Sept. 11, 2018, to replace former da Silva as its candidate for the Oct. 7 presidential vote. (AP Photo/Eraldo Peres, File)
September 11, 2018 - 5:30 pm
RIO DE JANEIRO (AP) — Brazil's Workers' Party on Tuesday replaced jailed former President Luiz Inacio Lula da Silva as its candidate for October's general election, clarifying one of the biggest question marks hanging over the vote to lead Latin America's largest nation. The party confirmed the...
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FILE - In this July 29, 2013, file photo, Les Moonves arrives at the CBS, CW and Showtime TCA party at The Beverly Hilton in Beverly Hills, Calif. On Sunday, Sept. 9, 2018, CBS said longtime CEO Les Moonves has resigned, just hours after more sexual harassment allegations involving the network's longtime leader surfaced. (Photo by Jordan Strauss/Invision/AP, File)
September 10, 2018 - 8:40 pm
NEW YORK (AP) — CBS revealed Monday that it set aside $120 million in severance for ousted chief executive Leslie Moonves. But whether he sees a penny of it is one of the tough and potentially incendiary decisions the network faces after his resignation over sexual misconduct accusations. Despite...
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