Corporate news

FILE- In this Sept. 5, 2018, file photo palm trees frame a large billboard on top of a Nike store that shows former San Francisco 49ers quarterback Colin Kaepernick at Union Square in San Francisco. Nike Inc. reports earnings Tuesday, Sept. 25. (AP Photo/Eric Risberg, File)
September 25, 2018 - 5:53 pm
NEW YORK (AP) — Nike caused an uproar earlier this month with its ad featuring former NFL quarterback Colin Kaepernick that debuted just as the football season was about to begin. But the shoe maker's stock is up and sales have been steady. The furor seems to have largely died down and the company...
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FILE - In this Aug. 17, 2017, file photo, U.S. Rep. Keith Ellison addresses campaign volunteers and supporters in Minneapolis. Minnesota's Democratic Party chairman said Monday, Sept. 24, 2018 that he expects the investigation into allegations of physical abuse against Ellison to be finished soon. Ellison denied the accusations in August 2018 from former girlfriend that he once physically abused her. (Alex Kormann/Star Tribune via AP, File)
September 25, 2018 - 12:42 pm
ST. PAUL, Minn. (AP) — Minnesota's Democratic Party chairman said Monday that he expects the investigation of allegations of physical abuse against Rep. Keith Ellison to be completed and released soon, well ahead of the November election. A former long-term girlfriend accused Ellison of physical...
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September 25, 2018 - 11:23 am
FRANKFURT, Germany (AP) — German luxury automaker BMW says its profits and sales will fall short of its forecasts this year because of fears over international trade conflicts and as new emissions tests affect the pricing of cars. The Munich-based company said Tuesday that sales revenue in its...
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September 25, 2018 - 10:00 am
ATLANTA (AP) — Arby's owner Inspire Brands is buying the Sonic drive-in hamburger chain. Inspire is paying $43.50 per share cash, or $2.3 billion, for Sonic, which has 3,600 restaurants in the U.S. Inspire expects the deal to close by the end of this year. Sonic will operate as a separate business...
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FILE- This June 13, 2014, file photo, shows construction on a new nuclear reactor at Plant Vogtle power plant in Waynesboro, Ga. A group of Georgia lawmakers wants a “cost cap” in the construction of a nuclear power plant near Augusta to protect blown budgets from being passed on to consumers. Two reactors being built at Plant Vogtle are billions of dollars over budget. (AP Photo/John Bazemore, File)
September 24, 2018 - 10:31 pm
ATLANTA (AP) — The nation's only major nuclear power plant under construction appears to still be alive as the three owners seek to hash out conditions that one of them set on the project, now years over schedule and billions of dollars over budget. Oglethorpe Power on Monday said it's only willing...
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FILE- This Dec. 21, 2016, file photo shows the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Monday, Sept. 24, 2018. (AP Photo/Mark Lennihan, File)
September 24, 2018 - 4:27 pm
NEW YORK (AP) — Global stocks took small losses Monday after China reportedly pulled out of trade talks with the U.S. Industrial companies and banks suffered some of the worst declines among American stocks. The U.S. and China officially began taxing larger amounts of each other's goods Monday, and...
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September 24, 2018 - 5:55 am
LONDON (AP) — Shares in Sky plc are up 8.8 percent after Comcast won a bidding war for the British pay TV giant in a weekend auction that pushed the value of the company to almost 30 billion pounds ($39 billion). The rare auction was organized by Britain's Takeover Panel after months of offers and...
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FILE - In this May 24, 2017, file photo, Fan Bingbing poses for photographers as she arrives for the screening of the film The Beguiled at the 70th international film festival, Cannes, southern France. Fan Bingbing, one of China's best-known starlets and a rising Hollywood star, has well and truly fallen off the map amid vague allegations of tax shenanigans and possibly other infractions that have put her at odds with China's Communist Party-appointed culture czars. (AP Photo/Alastair Grant, File)
September 23, 2018 - 9:43 pm
BEIJING (AP) — X-Men star Fan Bingbing's Beijing management office is dark and abandoned. Her birthday passed almost unremarked in China's hyper-adrenalized social media environment. For one of China's best known stars and a rising Hollywood actress, Fan's vanishing is stunning, coming amid vague...
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CORRECTS TO GRAY MATERIAL, NOT GRAY FLUIDS - In this image made from Friday Sept. 21, 2018 drone video provided by the N.C. Department of Environmental Quality, light gray material flows out of a flooded coal ash dump toward the Cape Fear River at Duke Energy's L.V. Sutton Power Station in Wilmington, N.C. Floodwaters from Hurricane Florence breached a dam at the plant's 1,100 reservoir on Saturday, Sept 22, 2018, flooding a dump containing 400,000 cubic yards (305,820 cubic meters) of coal ash. The gray ash left over when coal is burned to generate electricity contains mercury, lead, arsenic and other toxic heavy metals. (N.C. Department of Environmental Quality via AP)
September 22, 2018 - 7:37 pm
WILMINGTON, N.C. (AP) — Gray muck is flowing into the Cape Fear River from the site of a dam breach at a Wilmington power plant where an old coal ash dump had been covered over by Florence's floodwaters. Forecasters predicted the water will continue to rise through the weekend at the L.V. Sutton...
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FILE - In this June 22, 2018 file photo, former first lady Michelle Obama speaks at the American Library Association annual conference in New Orleans. Obama is launching a book tour to promote her memoir "Becoming," a tour featuring arenas and other performing centers to accommodate crowds likely far too big for any bookstore. (AP Photo/Gerald Herbert)
September 21, 2018 - 4:39 pm
NEW YORK (AP) — Check out the upcoming events at Chicago's United Center and you'll see Bulls games, Blackhawks games and concerts by Fleetwood Mac, Nicki Minaj and Cher, among others. And former first lady Michelle Obama, to launch her book tour in November. Just for the scale of its venues, there...
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