Corporate news

FILE - In a Thursday, Dec. 13, 2018 file photo, Ohio Gov. John Kasich sits for an interview with The Associated Press in Columbus. West Virginia University President Gordon Gee and former Ohio Gov. John Kasich are creating a nonprofit that will fight to steer money from any national opioid settlement to hospitals and health-based research. Gee and Kasich will announce Citizens for Effective Opioid Treatment on Thursday, August 22, 2019. (AP Photo/John Minchillo, File)
August 22, 2019 - 4:11 pm
COLUMBUS, Ohio (AP) — West Virginia University President Gordon Gee and former Ohio Gov. John Kasich are creating a nonprofit that will fight to steer cash from any national opioid settlement to hospitals, rather than to local and state governments already sparring for control of the dollars. Gee...
Read More
August 22, 2019 - 3:38 pm
SAN FRANCISCO (AP) — The CEO of Overstock.com has resigned, saying he'd become "far too controversial" to helm the e-commerce company known for selling discounted sofas and jewelry. Patrick Byrne's resignation Thursday came after the company issued an bizarre statement last week in which the former...
Read More
In this photo provided by South Korea Presidential Blue House, South Korean President Moon Jae-in listens a report from officials about the General Security of Military Information Agreement, or GSOMIA, at the Presidential Blue House in Seoul, South Korea, Thursday, Aug. 22, 2019. South Korea will stop exchanging classified intelligence on North Korea with Japan amid a bitter trade dispute, an official said Thursday, a surprise announcement that is likely to set back U.S. efforts to bolster security cooperation with two of its most important allies in the Asian region. (South Korea Presidential Blue House via AP)
August 22, 2019 - 3:26 pm
SEOUL, South Korea (AP) — South Korea said Thursday it will terminate an intelligence-sharing deal with Japan that focused on classified information about North Korea, a surprise announcement that is likely to set back U.S. efforts to bolster security cooperation with two of its most important...
Read More
FILE - In this Aug. 16, 2019, file photo traders Dudley Devine, left, and Christopher Fuchs work on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Thursday, Aug. 22. (AP Photo/Richard Drew, File)
August 22, 2019 - 1:07 pm
Stocks gave up an early gain and veered lower in midday trading Thursday as investors grew less certain about the likelihood that the Federal Reserve will lower interest rates again next month. Losses in technology, health care and communication services stocks outweighed gains in banks, consumer...
Read More
August 22, 2019 - 9:01 am
NEW YORK (AP) — Leonard A. Lauder, chairman emeritus of the Estee Lauder Companies, is working on a memoir about the cosmetics company that his mother founded and he helped build into an international empire. HarperCollins Publishers announced Thursday that Lauder's book will come out next year. It...
Read More
August 22, 2019 - 8:48 am
DUBAI, United Arab Emirates (AP) — Global port operator DP World is reporting stronger financials for the first half of 2019, with revenue up nearly 32% and profits up almost 27% from the same period last year. The port operator said revenue for the first half of the year reached $3.46 billion and...
Read More
August 21, 2019 - 5:53 pm
BISMARCK, N.D. (AP) — The North Dakota Health Department's acknowledgment this week that a 2015 pipeline leak of liquid natural gas is hundreds of thousands of gallons larger than reported raises questions about how many other spills and leaks are underreported — and state officials were not...
Read More
FILE - In this May 22, 2009 file photo, Michael Hilton uses a forklift to move sheets of Chinese-made drywall onto a flat bed truck at Venture Supply, Inc. in Norfolk, Va. in preparation for disposal. A proposed $248 million settlement has been filed in a decade-old federal court case over defective Chinese drywall blamed for damaging home appliances and sickening residents. The proposed settlement between property owners and Taishan Gypsum Co. was filed in U.S. District Court in New Orleans on Tuesday, Aug. 21, 2019. (Bill Tiernan/The Virginian-Pilot via AP, File)
August 21, 2019 - 4:59 pm
NEW ORLEANS (AP) — A proposed $248 million settlement has been filed in a decade-old federal court case over defective Chinese drywall blamed for damaging home appliances and sickening residents. The proposed settlement between property owners and Taishan Gypsum Co. was filed in U.S. District Court...
Read More
FILE - In this June 3, 2019, file photo a shopping cart sits in the parking lot of a Target store in Marlborough, Mass. Target Corp. reports financial results Wednesday, Aug. 21. (AP Photo/Bill Sikes, File)
August 21, 2019 - 4:55 pm
NEW YORK (AP) — The divide between retail winners and losers is widening. That became even more evident Wednesday with the latest batch of earnings reports: Big-box stores and off-price retailers have been responding faster to shoppers' increasing shift online with expanded deliveries and better...
Read More
FILE - In this July 10, 2019, file photo shoppers visit the downtown Target Store in Minneapolis. Target Corp. reports financial results Wednesday, Aug. 21. (AP Photo/Jim Mone, File)
August 21, 2019 - 8:41 am
NEW YORK (AP) — Target topped expectations in just about any way measureable during the second quarter as it pushed faster delivery for customers and invested heavily in new private label brands. Comparable store sales, which include online sales, rose 3.4 % as customer traffic jumped 2.4%. The...
Read More

Pages