Corporate news

This image released by 20th Century Fox shows Christian Bale, right, and Matt Damon in a scene from the film, "Ford v. Ferrari." (Merrick Morton/20th Century Fox via AP)
November 17, 2019 - 9:34 pm
NEW YORK (AP) — “Ford v Ferrari” left its competition in the rearview mirror, racing to an estimated $31 million debut at the box office in a No. 1 finish that counted as a win for big-budget originality. James Mangold’s racing drama rode into the weekend with strong reviews and Oscar buzz for its...
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November 17, 2019 - 9:28 pm
HP Inc. says its board has rejected a roughly $33.5 billion takeover offer from Xerox. The Palo Alto, California-based company said Sunday that the cash and stock deal undervalues its business and its board cited concerns about “outsized” debt levels should the companies combine. HP, which makes...
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November 17, 2019 - 8:50 pm
TOKYO (AP) — Online services Yahoo Japan and Line Corp. have announced they are merging. Z Holdings Corp., which owns SoftBank Corp. that operates Yahoo Japan, and Naver Corp. of South Korea, which owns a majority stake in Line said Monday they are aiming for a final agreement by next month. The...
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FILE - In this Oct. 17, 2019, file photo U.S. Ambassador to the European Union Gordon Sondland, center, arrives for a interview with the House Committee on Foreign Affairs, House Permanent Select Committee on Intelligence, and House Committee on Oversight and Reform on Capitol Hill in Washington. (AP Photo/Pablo Martinez Monsivais, File)
November 17, 2019 - 1:50 am
WASHINGTON (AP) — Testimony in the House impeachment investigation is tying President Donald Trump more closely to the allegation that he held up military aid to Ukraine in exchange for investigations of his political rivals. A National Security Council aide said that Ambassador Gordon Sondland...
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November 15, 2019 - 8:40 pm
WASHINGTON (AP) — President Donald Trump has pardoned a former U.S. Army commando set to stand trial next year in the killing of a suspected Afghan bomb-maker and a former Army lieutenant convicted of murder for ordering his men to fire upon three Afghans, killing two, the White House announced...
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November 15, 2019 - 8:39 pm
The National Rifle Association’s embattled top executive earned about $2 million last year at a time when the gun rights lobby is beating back challenges from regulators, longtime members and gun control groups, according to tax filings cited in media reports. The tax filings come as the NRA faces...
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Former U.S. Ambassador to Ukraine Marie Yovanovitch, right, testifies before the House Intelligence Committee on Capitol Hill in Washington, Friday, Nov. 15, 2019, in the second public impeachment hearing of President Donald Trump's efforts to tie U.S. aid for Ukraine to investigations of his political opponents. (AP Photo/Susan Walsh)
November 15, 2019 - 7:33 pm
WASHINGTON (AP) — In chilling detail, ousted U.S. Ukraine Ambassador Marie Yovanovitch described to Trump impeachment investigators Friday how she felt threatened upon learning that President Donald Trump had promised Ukraine’s leader she was “going to go through some things.” Unwilling to stay...
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Specialist Dilip Patel, left, and trader Ashley Lara work on the floor of the New York Stock Exchange, Friday, Nov. 15, 2019. Stocks are opening broadly higher on Wall Street as hopes continued to grow that the U.S. and China were moving closer to a deal on trade. (AP Photo/Richard Drew)
November 15, 2019 - 5:27 pm
Wall Street closed out the week with more milestones Friday as the Dow Jones Industrial Average crossed 28,000 for the first time and the S&P 500 and Nasdaq hit record highs. Health care and technology stocks powered most of the broad rally, which helped drive the S&P 500 to its sixth...
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This undated image provided by Novartis shows bottles of Novartis’s Adakveo. U.S. regulators have approved the new sickle cell disease medicine that can prevent extremely painful, dangerous “crises” in which misshapen blood cells clump together, reducing blood and oxygen flow. (Novartis via AP)
November 15, 2019 - 4:35 pm
U.S. regulators on Friday approved a new medicine that can help reduce extremely painful sickle cell disease flare-ups. The Food and Drug Administration approved Novartis AG’s Adakveo for patients 16 and older. The monthly infusion, which halves occurrences of sickle cell pain episodes, will carry...
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November 15, 2019 - 3:51 pm
WASHINGTON (AP) — The Supreme Court said Friday it will referee a high-profile copyright dispute between technology giants Oracle and Google. Oracle says it wants nearly $9 billion from Google. The case stems from Google’s development of its hugely popular Android operating system by using Oracle’s...
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