Corporate news

NASCAR Daytona 500 auto race at Daytona International Speedway, Monday, Feb. 17, 2020, in Daytona Beach, Fla. Sunday's race was postponed because of rain. (AP Photo/John Raoux)
February 22, 2020 - 2:57 pm
LAS VEGAS (AP) — A paramedic was treating Ryan Newman inside his car 35 seconds after the ruined and flaming vehicle came to rest after a crash on the last lap of the Daytona 500. NASCAR gave a brief timeline Saturday of the response to Monday night's airborne accident that was so startling many...
Read More
February 22, 2020 - 12:18 pm
WEST HARTFORD, Conn. (AP) — An investigation has revealed multiple credible allegations of sexual and physical abuse by former faculty and staff spanning decades at a school for deaf children in Connecticut, school officials said Friday. The American School for the Deaf in West Hartford released...
Read More
FILE - In this May 5, 2019, file photo Warren Buffett, Chairman and CEO of Berkshire Hathaway, smiles as he plays bridge following the annual Berkshire Hathaway shareholders meeting in Omaha, Neb. Berkshire Hathaway Inc. reports earnings on Saturday, Feb. 22, 2020. (AP Photo/Nati Harnik, File)
February 22, 2020 - 11:45 am
OMAHA, Neb. (AP) — Taking advice from Wall Street on deals is a bit like asking “the barber whether you need a haircut,” according to billionaire Warren Buffett. Buffett said in his annual letter to Berkshire Hathaway shareholders Saturday that the current system of reviewing deals doesn't always...
Read More
FILE - In this Nov. 1, 2018, file photo, Patrick Morrisey speaks to reporters after a debate in Morgantown, W.Va. State attorneys general are finding a national settlement over the toll of opioids to be elusive, as some lawyers for state and local governments are renewing public criticism of the proposed deal with a group of companies led by the nation's largest drug distributors. In a statement Friday, Feb. 21, 2020, Morrisey, the attorney general in West Virginia, one of the states hit hardest by the opioid crisis, said the $22 billion in cash being offered by distributors AmerisourceBergen, Cardinal Health and McKesson plus drugmaker Johnson & Johnson “is way too low.”(AP Photo/Raymond Thompson, File)
February 22, 2020 - 9:47 am
State attorneys general are finding a national settlement over the toll of opioids to be elusive, as some lawyers for state and local governments are renewing public criticism of the proposed deal with a group of companies led by the nation's largest drug distributors. A group of top state lawyers...
Read More
FILE - In this Jan. 31, 2020 file photo, former United States Secretary of Agriculture Tom Vilsack speaks at a campaign stop for Democratic presidential candidate former Vice President Joe Biden at the LOFT on Jefferson, in Burlington, Iowa. Vilsack will oversee Purdue Pharma’s marketing efforts to ensure the OxyContin maker is not overstating the benefits of its opioid painkillers and downplays the danger of addiction, a strategy that critics say contributed to the nation’s overdose crisis Purdue Pharma announced Vilsack as its monitor on Friday, Feb. 21.(AP Photo/Andrew Harnik, File)
February 21, 2020 - 7:52 pm
WHITE PLAINS, N.Y. (AP) — Tom Vilsack, a former Iowa governor and U.S agriculture secretary, will monitor Purdue Pharma to ensure the OxyContin maker does not revive an aggressive marketing effort that critics say overstated the benefits of its opioid painkillers and downplayed the danger of...
Read More
Democratic presidential candidate and former New York City Mayor Mike Bloomberg waves after speaking at a campaign event, Thursday, Feb. 20, 2020, in Salt Lake City. (AP Photo/Rick Bowmer)
February 21, 2020 - 6:44 pm
WASHINGTON (AP) — Mike Bloomberg said Friday he’d free three women from confidentiality agreements that bar them from speaking publicly about sexual harassment or discrimination suits filed against him over the last three decades. The billionaire former mayor of New York also said his company,...
Read More
February 21, 2020 - 5:49 pm
LOS ANGELES (AP) — WarnerMedia's new streaming service will debut with some extra “Friends.” The company announced Friday that the entire original “Friends” cast will reunite for an unscripted special that will be available on HBO Max when the service debuts in May. A reunion has been long-sought...
Read More
Nicola T. Hanna, U.S. Attorney for the Central District of California, at podium, announces at a news conference in Los Angeles Friday, Feb. 21, 2020, that Wells Fargo has agreed to pay $3 billion to settle criminal and civil investigations into a long-running practice whereby company employees opened millions of unauthorized bank accounts in order to meet unrealistic sales goals. (AP Photo/Stefanie Dazio)
February 21, 2020 - 5:39 pm
LOS ANGELES (AP) — Wells Fargo agreed Friday to pay $3 billion to settle criminal and civil investigations into a long-running practice whereby company employees opened millions of unauthorized bank accounts in order to meet unrealistic sales goals. Since the fake-accounts scandal came to light in...
Read More
February 21, 2020 - 4:23 pm
NEW YORK (AP) — Stocks that moved heavily or traded substantially on Friday: Deere & Co., up $11.60 to $177.43. The farming machinery maker handily beat Wall Street's fourth-quarter profit and sales forecasts. First Solar Inc., down $8.73 to $50.59. The largest U.S. solar panel maker's fourth-...
Read More
This undated photo provided by Esperion Inc. shows the cholesterol-lowering drug Nexletol made by Esperion Therapeutics Inc. The Food and Drug Administration on Friday, Feb. 21, 2020 approved Esperion Therapeutics Inc.’s Nexletol for people genetically predisposed to have sky-high cholesterol and others who have heart disease and need to further lower their bad cholesterol.(Esperion Inc. via AP)
February 21, 2020 - 4:15 pm
TRENTON, N.J. (AP) — U.S. regulatorson Friday approveda new type of cholesterol-lowering drug aimed at millions of people who can't tolerate — or don't get enough help from — widely used statin pills like Lipitor and Crestor. The Food and Drug Administration approved Esperion Therapeutics Inc.’s...
Read More

Pages