Corporate news

FILE - In this April 10, 2019, file photo a Boeing 737 MAX 8 airplane being built for India-based Jet Airways lands following a test flight at Boeing Field in Seattle. Boeing Co. reports earnings Wednesday, April 24. (AP Photo/Ted S. Warren, File)
April 24, 2019 - 5:51 am
Boeing is pulling its 2019 forecast over 737 Max uncertainty and says it's suspending its stock buybacks. The aerospace giant also provided first quarter results on Wednesday that missed Wall Street's estimates. Boeing Co. said its previously issued full-year guidance didn't account for 737 Max...
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FILE - In this April 2, 2019, file photo, House Oversight and Reform Committee Chair Elijah Cummings, D-Md., speaks on Capitol Hill in Washington. Cummings says the White House is now in “open defiance” of his panel after lawyers advised a former official to resist a subpoena related to the committee’s investigation of White House security clearances. (AP Photo/J. Scott Applewhite)
April 24, 2019 - 5:15 am
WASHINGTON (AP) — The struggle between House Democrats and the Trump administration over investigations intensified as a former White House official defied a subpoena and the Treasury Department ignored a deadline for providing President Donald Trump's tax returns. Rep. Elijah Cummings, the...
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April 24, 2019 - 4:25 am
BEIJING (AP) — China's foreign ministry has complained the country is unfairly accused of stealing technology after a former General Electric Co. engineer and his Chinese business partner were charged with industrial spying. The foreign ministry said Wednesday that it had no details of the case...
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FILE - In this July 31, 2005 file photo, Boy Scouts salute as they recite the Pledge of Allegiance during the Boy Scout Jamboree in Bowling Green, Va. In 2019, financial threats to the Boy Scouts have intensified as multiple states consider adjusting their statute-of-limitations laws so that victims of long-ago child sex-abuse have a chance to seek redress in the courts. (AP Photo/ Haraz N. Ghanbari)
April 24, 2019 - 4:09 am
NEW YORK (AP) — The lawyers' ads on the internet aggressively seeking clients to file sexual abuse lawsuits give a taste of what lies ahead this year for the Boy Scouts of America: potentially the most fateful chapter in its 109-year history. Sexual abuse settlements have already strained the Boy...
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In this Jan. 9, 2019, photo, a man walks past the logo at global headquarters of Nissan Motor Co., Ltd. in Yokohama, near Tokyo. Nissan has lowered its profit forecast for the fiscal year through March as the Japanese automaker, contends with slowing sales and the fallout from the loss of its former chairman, Carlos Ghosn. Nissan Motor Co. said Wednesday, April 24, 2019 it expects to post a 319 billion yen profit ($2.9 billion) for the fiscal year, marking a 22 percent drop from its earlier 410 billion yen ($3.7 billion) profit forecast earlier. (AP Photo/Koji Sasahara)
April 24, 2019 - 12:58 am
TOKYO (AP) — Nissan cut its profit forecast for the fiscal year through March on Wednesday to reflect slowing sales, higher costs and the fallout from a criminal investigation of its former chairman, Carlos Ghosn. Nissan Motor Co. expects to post a 319 billion yen ($2.9 billion) profit for the...
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FILE - In this Sept. 5, 2017, file photo, supporters of the Deferred Action for Childhood Arrivals (DACA) yell during a protest in San Francisco. A participant in the federal program shielding young immigrants from deportation is suing VMware, a Silicon Valley company, saying she was denied a job she was qualified for despite being authorized to work in the U.S. (AP Photo/Jeff Chiu, File)
April 23, 2019 - 6:03 pm
SAN FRANCISCO (AP) — A participant in the federal program shielding young immigrants from deportation is suing a Silicon Valley company, saying she was denied a job she was qualified for despite being authorized to work in the U.S. The case is one of several filed recently against major U.S...
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FILE - In this March 12, 2019, file photo, trader Michael Milano works on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Tuesday, April 23. (AP Photo/Richard Drew, File)
April 23, 2019 - 4:54 pm
The S&P 500 hit an all-time high Tuesday, marking the stock market's complete recovery from a nosedive at the end of last year. The benchmark index's previous record was set last September, shortly before the market sank in the fourth quarter amid fears of a recession, an escalating trade war...
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April 23, 2019 - 4:41 pm
PASCAGOULA, Miss. (AP) — A Mississippi shipyard won a $746 million contract Tuesday to design and build the first of what could be three heavy polar icebreakers for the U.S. Coast Guard. The U.S. Navy's Naval Sea Systems Command awarded the contract to VT Halter Marine of Pascagoula, choosing...
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Former Rochester Drug Co-Operative CEO Laurence Doud III stands outside US. District Court in Manhattan, Tuesday, April 23, 2019, in New York. Prosecutors allege Doud ignored red flags to turn his drug distributor into a supplier of last resort as the opioid crisis raged. (AP Photo/Kathy Willens)
April 23, 2019 - 3:55 pm
NEW YORK (AP) — The pharmaceutical industry executive hit Tuesday with criminal charges stemming from the opioid crisis doesn't have his name on a museum wing, and his company isn't within earshot of Apple or anyone else on the Fortune 500. Even his $1.5 million paycheck was a paltry sum compared...
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FILE - In this Sept. 5, 2018, file photo, Twitter CEO Jack Dorsey testifies on Capitol Hill in Washington. President Donald Trump says he had a “great meeting” on April 23, 2019 with Dorsey after bashing the company profusely earlier in the day. Trump and some Republicans in Congress have complained that social media giants are biased against Republicans, something the companies have rejected as untrue. (AP Photo/Jose Luis Magana, file)
April 23, 2019 - 3:21 pm
WASHINGTON (AP) — President Donald Trump said he had a "great meeting" Tuesday with Twitter CEO Jack Dorsey, hours after bashing the company and accusing it of not treating him well because he's a Republican. Trump uses Twitter extensively to get his message out, particularly since the release of...
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