Corporate news

FILE - In this Jan. 31, 2020 file photo, former United States Secretary of Agriculture Tom Vilsack speaks at a campaign stop for Democratic presidential candidate former Vice President Joe Biden at the LOFT on Jefferson, in Burlington, Iowa. Vilsack will oversee Purdue Pharma’s marketing efforts to ensure the OxyContin maker is not overstating the benefits of its opioid painkillers and downplays the danger of addiction, a strategy that critics say contributed to the nation’s overdose crisis Purdue Pharma announced Vilsack as its monitor on Friday, Feb. 21.(AP Photo/Andrew Harnik, File)
February 21, 2020 - 7:52 pm
WHITE PLAINS, N.Y. (AP) — Tom Vilsack, a former Iowa governor and U.S agriculture secretary, will monitor Purdue Pharma to ensure the OxyContin maker does not revive an aggressive marketing effort that critics say overstated the benefits of its opioid painkillers and downplayed the danger of...
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Democratic presidential candidate and former New York City Mayor Mike Bloomberg waves after speaking at a campaign event, Thursday, Feb. 20, 2020, in Salt Lake City. (AP Photo/Rick Bowmer)
February 21, 2020 - 7:24 pm
WASHINGTON (AP) — Mike Bloomberg said Friday he’d free three women from confidentiality agreements that bar them from speaking publicly about sexual harassment or discrimination suits filed against him over the last three decades. The billionaire former mayor of New York also said his company,...
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February 21, 2020 - 6:13 pm
LOS ANGELES (AP) — WarnerMedia's new streaming service will debut with some extra “Friends.” The company announced Friday that the entire original “Friends” cast will reunite for an unscripted special that will be available on HBO Max when the service debuts in May. A reunion has been long-sought...
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Nicola T. Hanna, U.S. Attorney for the Central District of California, at podium, announces at a news conference in Los Angeles Friday, Feb. 21, 2020, that Wells Fargo has agreed to pay $3 billion to settle criminal and civil investigations into a long-running practice whereby company employees opened millions of unauthorized bank accounts in order to meet unrealistic sales goals. (AP Photo/Stefanie Dazio)
February 21, 2020 - 5:39 pm
LOS ANGELES (AP) — Wells Fargo agreed Friday to pay $3 billion to settle criminal and civil investigations into a long-running practice whereby company employees opened millions of unauthorized bank accounts in order to meet unrealistic sales goals. Since the fake-accounts scandal came to light in...
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This undated photo provided by Esperion Inc. shows the cholesterol-lowering drug Nexletol made by Esperion Therapeutics Inc. The Food and Drug Administration on Friday, Feb. 21, 2020 approved Esperion Therapeutics Inc.’s Nexletol for people genetically predisposed to have sky-high cholesterol and others who have heart disease and need to further lower their bad cholesterol.(Esperion Inc. via AP)
February 21, 2020 - 4:41 pm
TRENTON, N.J. (AP) — U.S. regulators on Friday approved a new type of cholesterol-lowering drug aimed at millions of people who can't tolerate — or don't get enough help from — widely used statin pills like Lipitor and Crestor. The Food and Drug Administration approved Esperion Therapeutics Inc.’s...
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February 21, 2020 - 4:23 pm
NEW YORK (AP) — Stocks that moved heavily or traded substantially on Friday: Deere & Co., up $11.60 to $177.43. The farming machinery maker handily beat Wall Street's fourth-quarter profit and sales forecasts. First Solar Inc., down $8.73 to $50.59. The largest U.S. solar panel maker's fourth-...
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Democratic presidential candidate and former New York City Mayor Mike Bloomberg waves after speaking at a campaign event, Thursday, Feb. 20, 2020, in Salt Lake City. (AP Photo/Rick Bowmer)
February 21, 2020 - 2:19 pm
WASHINGTON (AP) — Mike Bloomberg's name last appeared on a ballot a decade before #MeToo transformed cultural mores surrounding sexual harassment and the treatment of women. As he campaigns for the presidency, the 78-year-old billionaire is struggling to adjust. The former New York City mayor was...
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Larry Krampe of Rome, Ky, left, talks with Bill Brey of Whitesville, Ky while the two stand next to a John Deere model 8345 R tractor on display inside the Owensboro Convention Center during the 46th annual Ag Expo, Wednesday, Jan. 29, 2020, in Owensboro, Ky. (Greg Eans/The Messenger-Inquirer via AP)
February 21, 2020 - 1:17 pm
Deere & Co. had a surprisingly strong first quarter after an extended period in which the tractor and construction equipment maker was bruised by the ongoing trade war between the United States and China. “Farmer confidence, though still subdued, has improved due in part to hopes for a...
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FILE - In this Sept. 10, 2019, file photo a John Deere tractor is on display at the Husker Harvest Days farm show in Grand Island, Neb. Deere & Co. reports earns on Thursday, Feb. 20, 2020. (AP Photo/Nati Harnik, File)
February 21, 2020 - 11:16 am
Deere had a surprisingly strong first quarter after an extended period in which it was bruised by the ongoing trade war between the United States and China. “Farmer confidence, though still subdued, has improved due in part to hopes for a relaxation of trade tensions and higher agricultural exports...
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In this Feb. 20, 2020, photo, a worker sits at a production line at a microelectronics factory in Nantong in eastern China's Jiangsu Province. China on Friday suspended more punitive tariffs on imports of U.S. industrial goods in response to a truce in its trade war with Washington that threatened global economic growth. (Chinatopix via AP)
February 21, 2020 - 7:18 am
BEIJING (AP) — China on Friday suspended more punitive tariffs on imports of U.S. industrial goods in response to a truce in its trade war with Washington that threatened global economic growth. Financial markets have welcomed announcements by both sides of reductions in penalties on each other's...
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