Corporate management

FILE - In this Aug. 7, 2018, file photo, Kansas City Royals owner David Glass reacts as he watches batting practice before the team's baseball game against the Chicago Cubs at Kauffman Stadium in Kansas City, Mo. Former Walmart Inc. chief executive Glass, who owned the Royals for nearly two decades before selling the franchise last fall, died last week of complications form pneumonia. He was 84. (AP Photo/Colin E. Braley, File)
January 17, 2020 - 10:42 pm
KANSAS CITY, Mo. (AP) — Former Walmart Inc. chief executive David Glass, who owned the Kansas City Royals for nearly two decades before selling the franchise last fall, died last week of complications from pneumonia. He was 84. The Glass family said the businessman died Jan. 9. He had been dealing...
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FILE - In this Nov. 30, 2012 file photo Chief Executive Officer of (RED), Deborah Dugan poses for a portrait in New York. Dugan, the Recording Academy CEO who the company announced Thursday, Jan. 16, 2020, was placed on administrative leave, has fired back in a statement through her lawyer, saying: “What has been reported is not nearly the story that needs to be told." The academy said late Thursday that its leader of just six months was put on leave following an allegation of misconduct by a senior leader at the organization - just 10 days before the 2020 Grammy Awards. (Photo by Amy Sussman/Invision/AP, File)
January 17, 2020 - 4:46 pm
NEW YORK (AP) — Recording Academy CEO Deborah Dugan, who the company announced Thursday was placed on administrative leave, has fired back in a statement through her lawyer, saying: “What has been reported is not nearly the story that needs to be told.” The academy said late Thursday that its...
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Striking employees hold a banner reading "Louvre on strike" outside the Louvre museum Friday, Jan. 17, 2020 in Paris. Paris' Louvre museum was closed Friday as dozens of protesters blocked the entrance to denounce the French government's plans to overhaul the pension system. (AP Photo/Francois Mori)
January 17, 2020 - 12:21 pm
PARIS (AP) — Paris' Louvre museum was closed Friday as dozens of protesters blocked the entrance to denounce the French government's plans to overhaul the pension system. Also closed, therefore, was the Louvre's Leonardo Da Vinci exhibit marking the 500th anniversary of the Italian master’s death,...
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This undated image released by the House Judiciary Committee from documents provided by Lev Parnas to the committee in the impeachment probe against President Donald Trump, shows a photo of Lev Parnas with Trump in Florida. Parnas, a close associate of Trump's personal lawyer Rudy Giuliani is claiming Trump was directly involved in the effort to pressure Ukraine to investigate Democratic rival Joe Biden. Trump on Thursday, Jan. 16, 2020, repeated denials that he is acquainted with Parnas, despite numerous photos that have emerged of the two men together. (House Judiciary Committee via AP)
AP News
January 17, 2020 - 12:26 am
WASHINGTON (AP) — A close associate of President Donald Trump's personal lawyer Rudy Giuliani is claiming Trump was directly involved in the effort to pressure Ukraine to investigate Democratic rival Joe Biden. Lev Parnas says he delivered an ultimatum in May, at Giuliani's behest, to the incoming...
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FILE - This Wednesday, Feb. 24, 2010 file photo shows an Old Navy Store in Paramus, N.J. On Thursday, Jan. 16, 2020, Gap Inc. says it no longer intends to spin off Old Navy as a separate entity after determining it would be too costly and complex, especially given the retailer's recent struggles. (AP Photo/Seth Wenig)
January 16, 2020 - 6:11 pm
NEW YORK (AP) — Gap Inc. says it no longer intends to spin off Old Navy as a separate public company. The retailer said Thursday that its board scuttled the move after determining it would be too costly and complex, especially given the company's recent struggles. Its stock was up about 5% in after...
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FILE - In this Oct. 24, 2019, file photo, Junichiro Hironaka, a lawyer of former Nissan Chairman Carlos Ghosn, attends a press conference in Tokyo. Hironaka, one of the Japanese lawyers for former Nissan Chairman Carlos Ghosn has stepped down from that job after Ghosn fled the country. His move, announced Thursday, Jan. 16, 2020, was widely expected after Ghosn fled to Lebanon late last month. (AP Photo/Koji Sasahara, File)
January 16, 2020 - 3:11 am
TOKYO (AP) — One of the Japanese lawyers for former Nissan Chairman Carlos Ghosn has stepped down from that job after his client fled the country. Junichiro Hironaka had been representing Ghosn in his defense against financial misconduct charges. His move, announced Thursday, was widely expected...
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Abigail Disney, granddaughter of Walt Disney Co. co-founder Roy Disney, speaks with reporters at the Capitol in Sacramento, Calif., Wednesday, Jan. 15, 2020. Disney testified before state lawmakers in support of a bill that would raise taxes on some of the country's largest corporations. The size of the tax increase would depend on the gap between what a company pays its CEO versus the average salary for employees. The larger the gap, the higher the tax increase. (AP Photo/Adam Beam)
January 15, 2020 - 8:33 pm
SACRAMENTO, Calif. (AP) — California is considering raising taxes on some of the country's largest companies, but the size of the tax increase would depend on how much its highest-paid executive makes compared to its employees. The bigger the gap, the bigger the tax increase. The bill by Democratic...
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FILE - In this Jan. 26, 2011 file photo, Nielsen Company CEO David Calhoun, center, watches progress as he waits for the company's IPO to begin trading, on the floor of the New York Stock Exchange. Calhoun took over Monday, Jan. 13, 2020, as Boeing's third CEO in the last five years, following the firing last month of Dennis Muilenburg. (AP Photo/Richard Drew, File)
January 13, 2020 - 7:56 pm
Changing CEOs was the easy part. Now it's up to Boeing's new leader to deal with a crisis caused by two crashes and the grounding of the company's best-selling plane. David Calhoun took over Monday as Boeing's third CEO in the last five years, following the firing last month of Dennis Muilenburg...
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January 13, 2020 - 11:20 am
Woodward and Hexcel are merging in an all-stock deal that would create one of the largest suppliers in the aerospace and defense industry. The companies say the tie-up will allow them to create more efficient aircraft that will reduce emissions, a big hurdle for the aerospace industry. “The future...
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FILE - In this Jan. 30, 2019, file photo, Insys Therapeutics founder John Kapoor leaves federal court in Boston. Kapoor and former top employees of the pharmaceutical company are facing a reckoning for their role in a bribery scheme that prosecutors say boosted sales of a powerful, highly addictive painkiller and helped fuel the national opioid epidemic. Starting Monday, Jan. 13, 2020, seven people who worked for Insys Therapeutics will appear in Boston to be sentenced by a federal judge. (AP Photo/Steven Senne, File)
January 12, 2020 - 3:27 pm
BOSTON (AP) — The founder and former top employees of a pharmaceutical company are facing a reckoning for their role in a bribery scheme that prosecutors say boosted sales of a powerful, highly addictive painkiller and helped fuel the national opioid epidemic. Starting Monday, seven people who...
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