Corporate news

December 16, 2019 - 5:55 am
LONDON (AP) — British-based Cineworld says it will buy Canada's Cineplex for about $1.7 billion to create North America's largest chain of movie theaters and better compete with AMC Entertainment. The management of both companies have approved the deal, which is banking on the continued appeal of...
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President Donald Trump greets the Army cadets before the start of an NCAA college football game between the Army and the Navy, Saturday, Dec. 14, 2019, in Philadelphia. (AP Photo/Jacquelyn Martin)
December 16, 2019 - 12:11 am
WASHINGTON (AP) — As near-certain impeachment closes in on him, President Donald Trump raged at his accusers, the Democrats. In the process, he offered a highly selective account of the testimony of a damning witness and misrepresented the facts of a phone call with Ukraine's president at the heart...
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This Dec. 12, 2019, photo shows a sign at the Mundipharma International headquarters at Cambridge Science Park in England. Mundipharma is the international affiliate of Purdue Pharma, the maker of the blockbuster painkiller OxyContin. Mundipharma is now marketing Nyxoid, a new brand of naloxone, an opioid overdose reversal medication. (AP Photo/Leila Coker)
December 15, 2019 - 10:06 pm
The gleaming white booth towered over the medical conference in Italy in October, advertising a new brand of antidote for opioid overdoses. “Be prepared. Get naloxone. Save a life,” the slogan on its walls said. Some conference attendees were stunned when they saw the company logo: Mundipharma, the...
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This image made from undated video provided by Zola shows a scene of its advertisement. The Hallmark Channel says it will reinstate same-sex marriage commercials that it had pulled from the network. Hallmark Cards CEO Mike Perry said in a statement Sunday, Dec. 15, 2019, that pulling the commercials “was the wrong decision." (Zola via AP)
December 14, 2019 - 8:02 pm
NEW YORK (AP) — Under pressure from a conservative advocacy group, The Hallmark Channel has pulled ads for a wedding-planning website that featured two brides kissing at the altar. The family-friendly network, which is in the midst of its heavily watched holiday programming, removed the ads because...
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In this Dec. 10, 2019, photo, President Donald Trump gestures as he speaks at a campaign rally in Hershey, Pa. (AP Photo/Patrick Semansky)
December 14, 2019 - 9:55 am
WASHINGTON (AP) — As near-certain impeachment closes in on him, President Donald Trump raged at his accusers, the Democrats. In the process, he offered a highly selective account of the testimony of a damning witness and misrepresented the facts of a phone call at the heart of the constitutional...
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This Thursday, Dec,. 12, 2019 photo provided by the Department of Consumer Affairs shows suspects from Save Greens Cannabis dispensary being taken into custody by law enforcement for operating without a state license in Los Angeles. California regulators mounted two-dozen raids against illegal marijuana retailers in Los Angeles this week, the largest crackdown to date against the city's thriving illicit pot market, officials announced Friday, Dec. 13, 2019. (Megan Kiefer/Department of Consumer Affairs via AP)
December 13, 2019 - 7:12 pm
LOS ANGELES (AP) — California regulators mounted dozens of raids against illegal marijuana retailers in Los Angeles this week, the largest crackdown to date against the city's thriving black market, officials announced Friday. The state has been under pressure from California's legal industry to do...
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December 13, 2019 - 6:52 pm
MADISON, Wis. (AP) — Gov. Tony Evers' top aide warned Foxconn Technology Group last month that a scaled-down factory in Wisconsin won't qualify for tax credits unless the Taiwanese electronics giant renegotiates with the state, letters Evers' administration released Friday show. The letters...
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This undated photo provided by Amarin in November 2018 shows a capsule of the purified, prescription fish oil Vascepa. On Friday, Dec. 13, 2019, U.S. regulators approved expanded use of the medication for preventing serious heart complications in high-risk patients already taking cholesterol-lowering pills. (Amarin via AP)
December 13, 2019 - 5:53 pm
TRENTON, N.J. (AP) — U.S. regulators on Friday approved expanded use of a fish oil-based drug for preventing serious heart complications in high-risk patients already taking cholesterol-lowering pills. Vascepa was approved years ago for people with sky-high triglycerides, a type of fat in blood...
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This image provided by Sarepta Therapeutics in December 2019 shows a box and vial of their drug Vyondys 53. On Thursday, Dec. 12, 2019, U.S. health regulators said they approved this second drug for a debilitating form of muscular dystrophy, a surprise decision after the medication was rejected for safety concerns just four months earlier. (Sarepta Therapeutics via AP)
December 13, 2019 - 4:19 pm
WASHINGTON (AP) — U.S. health regulators approved a second drug for a debilitating form of muscular dystrophy, a surprise decision after the medication was rejected for safety concerns just four months ago. The ruling marks the second time the Food and Drug Administration has granted preliminary...
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December 13, 2019 - 1:45 pm
WENTZVILLE, Mo. (AP) — General Motors will invest $1.5 billion to make what it calls the “next generation” of mid-sized pickup trucks at its plant near St. Louis, the company’s president said Friday. GM will use the money to upgrade its Wentzville Assembly and Stamping Plant in preparation for the...
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