Corporate news

This image provided on Sunday, Sept. 15, 2019, by the U.S. government and DigitalGlobe and annotated by the source, shows damage to the infrastructure at at Saudi Aramco's Kuirais oil field in Buqyaq, Saudi Arabia. The drone attack Saturday on Saudi Arabia's Abqaiq plant and its Khurais oil field led to the interruption of an estimated 5.7 million barrels of the kingdom's crude oil production per day, equivalent to more than 5% of the world's daily supply. (U.S. government/Digital Globe via AP)
September 15, 2019 - 9:18 pm
An attack on Saudi Arabia's largest oil processing plant pushed crude prices sharply higher Monday, though its longer-term impact depends on how long production is disrupted and the attack's future implications. U.S. crude oil jumped $5.61 per barrel, or 10.2%, to $60.46 per barrel in electronic...
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Terry Dittes, director of the UAW GM department, announces that GM workers will go on a national strike at midnight on Sunday Sept. 15, 2019 in the Marriott Renaissance Hotel, in Detroit, Mi. (Clarence Tabb, Jr./Detroit News via AP)
September 15, 2019 - 7:09 pm
DETROIT (AP) — Roughly 49,000 workers at General Motors plants in the U.S. plan to go on strike just before midnight Sunday, but talks between the United Auto Workers and the automaker will resume. About 200 plant-level union leaders voted unanimously in favor of a walkout during a meeting Sunday...
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FILE - This May 16, 2014, file photo shows the General Motors logo at the company's world headquarters in Detroit. The United Auto Workers union is letting its contract with General Motors expire just before midnight Saturday, Sept. 14, 2019, increasing the likelihood of a strike as early as Sunday night. (AP Photo/Paul Sancya, File)
September 15, 2019 - 4:06 pm
DETROIT (AP) — The Latest on labor strife at General Motors factories (all times local): 4:55 p.m. Contract talks between the United Auto Workers union and General Motors broke off Sunday and haven't resumed, meaning the union's first national strike since 2007 is very likely. GM's 49,200 UAW...
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FILE - This Jan. 11, 2018 file photo shows Judge Dan Polster in his office, in Cleveland. Attorneys representing eight drug distributors, pharmacies and retailers facing trial for their roles in the national opioid crisis are seeking to disqualify the federal judge overseeing their cases saying he’s shown clear bias in his efforts to obtain a multi-billion dollar global settlement. The motion was filed late Friday, Sept. 13, 2019, in U.S. District Court in Cleveland, where Judge Dan Polster presides over most of the 2,000 lawsuits filed by state, local and tribal governments. Polster has not responded. (AP Photo/Tony Dejak, File)
September 14, 2019 - 3:27 pm
CLEVELAND (AP) — Attorneys for eight drug distributors, pharmacies and retailers facing trial next month for their roles in the opioid crisis want to disqualify the federal judge overseeing their cases, saying he has shown bias in his effort to obtain a multibillion-dollar global settlement...
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September 14, 2019 - 12:12 pm
NEW YORK (AP) — MoviePass, the movie ticket subscription service that allowed subscribers to buy up to three movie tickets per month for a small fee, shut down Saturday. Its future is unclear. Helios and Matheson Analytics, the parent company of MoviePass, said Friday in a release that it was...
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Demonstrators ride their bikes on a highway in Frankfurt, Germany, Saturday, Sept. 14, 2019. About 20 000 cyclists took part in a protest star ride against the government's transport policy on occasion of this year's IAA Auto Show.(AP Photo/Michael Probst)
September 14, 2019 - 8:33 am
FRANKFURT, Germany (AP) — Thousands of people are demonstrating in Frankfurt to demand more action against climate change as the German city's auto show opens to the public, with some cycling into the city along highways that were temporarily closed for the occasion. Demands raised by the...
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Cars pass Purdue Pharma headquarters Thursday, Sept. 12, 2019, in Stamford, Conn. For months, the judge overseeing national litigation over the opioids crisis urged all sides to reach a settlement that could end thousands of lawsuits filed by state and local governments. But the chaotic developments this week in the case against OxyContin maker Purdue Pharma underscore how difficult that goal is. (AP Photo/Frank Franklin II)
September 13, 2019 - 10:11 pm
NEW YORK (AP) — The family that owns OxyContin maker Purdue Pharma used Swiss and other hidden accounts to transfer $1 billion to themselves, New York's attorney general contends in court papers filed Friday. New York — asking a judge to enforce subpoenas of companies, banks and advisers to Purdue...
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FILE - In this Monday, March 13, 2017, file photo, Walt Disney Co. CEO Robert Iger attends a special screening of Disney's "Beauty and the Beast" at Alice Tully Hall, in New York. Walt Disney Co. CEO Robert Iger has stepped down from Apple’s board of directors as the two companies prepare to launch their own video streaming services to compete against market leader Netflix, Friday, Sept. 13, 2019. (Photo by Evan Agostini/Invision/AP, File)
September 13, 2019 - 6:14 pm
SAN FRANCISCO (AP) — Walt Disney Co. CEO Robert Iger has stepped down from Apple's board of directors as the two companies prepare to launch competing video streaming services aimed at market leader Netflix. Apple disclosed Iger's departure in a regulatory filing Friday, but his resignation became...
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House Judiciary Committee Chairman Jerrold Nadler, D-N.Y., leads his panel to approve guidelines for impeachment investigation hearings on President Donald Trump, on Capitol Hill in Washington, Thursday, Sept. 12, 2019. (AP Photo/J. Scott Applewhite)
September 13, 2019 - 4:40 pm
WASHINGTON (AP) — Lawmakers investigating the market dominance of Big Tech on Friday asked Google, Facebook, Amazon and Apple for a broad range of documents, marking a step forward in Congress' bipartisan probe of the companies. Letters went out to the four companies from the leaders of the House...
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FILE - In this Jan. 16, 2018 file photo, Adam Neumann, center, co-founder and CEO of WeWork, attends the opening bell ceremony at Nasdaq in New York. WeWork's parent company is revealing more of its initial public offering plans, saying it expects to list shares on the Nasdaq. The company also announced corporate governance changes in response to market feedback, including limiting the role of the founder's family on its board of directors. The We Co. disclosed the information in a regulatory filing on Friday, Sept. 13, 2019. (AP Photo/Mark Lennihan, File )
September 13, 2019 - 3:40 pm
NEW YORK (AP) — WeWork's parent company announced major changes in its corporate governance practices Friday as it revealed plans to list shares on the Nasdaq. The office-sharing company is pressing on with its highly anticipated stock market debut — expected later this month — despite doubts about...
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