Corporate news

In this June 13, 2019, photo released by Xinhua News Agency, guests, from left, Yi Huiman, chairman of China Securities Regulatory Commission, Liu He, vice premier, Li Qiang, top party official of Shanghai, and Ying Yong, Shanghai's mayor, celebrate the launch of the SSE STAR Market, previously referred to as the Shanghai science and technology innovation board in Shanghai. Trading is expected to start Monday, July 22, 2019 on the Chinese stock market for high-tech companies that play a key role in official development plans that are straining relations with Washington. (Fang Zhe/Xinhua via AP)
July 18, 2019 - 12:38 am
BEIJING (AP) — Trading starts Monday on a Chinese stock market for high-tech companies that play a key role in official development plans that are straining relations with Washington. Regulators have approved 25 companies in information technology and other fields seen by communist leaders as a...
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In this June 13, 2019, photo released by Xinhua News Agency, guests, from left, Yi Huiman, chairman of China Securities Regulatory Commission, Liu He, vice premier, Li Qiang, top party official of Shanghai, and Ying Yong, Shanghai's mayor, celebrate the launch of the SSE STAR Market, previously referred to as the Shanghai science and technology innovation board in Shanghai. Trading is expected to start Monday, July 22, 2019 on the Chinese stock market for high-tech companies that play a key role in official development plans that are straining relations with Washington. (Fang Zhe/Xinhua via AP)
July 18, 2019 - 12:25 am
BEIJING (AP) — Trading starts Monday on a Chinese stock market for high-tech companies that play a key role in official development plans that are straining relations with Washington. Regulators have approved 25 companies in information technology and other fields seen by communist leaders as a...
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FILE - This March 19, 2018, file photo shows the Netflix app on an iPad in Baltimore. Netflix reports earnings Wednesday, July 17, 2019. (AP Photo/Patrick Semansky, File)
July 17, 2019 - 7:50 pm
SAN FRANCISCO (AP) — Netflix's video streaming service suffered a dramatic slowdown in growth during its traditionally sluggish spring season, a drop-off coming as the company boosts its prices and girds for even stiffer competition. The service picked up 2.7 million worldwide subscribers for the...
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FILE - In this June 28, 2004, file photo, a customer looks over color chips at a Sherwin-Williams store in Columbus, Ohio. The nation's major suppliers of lead paint have agreed to pay California's largest cities and counties $305 million to settle a nearly two-decade old lawsuit. The settlement announced Wednesday, July 17, 2019, comes after years of legal and legislative battling in California and other states. The settlement is with the Sherwin-Williams Company, ConAgra Grocery Products Company and NL Industries, Inc. (AP Photo/Jay LaPrete, File)
July 17, 2019 - 4:45 pm
SACRAMENTO, Calif. (AP) — The nation's major suppliers of lead paint have agreed to pay California's largest cities and counties $305 million to settle a nearly 20-year-old lawsuit, attorneys said Wednesday. The settlement comes after years of legal and legislative battling in California and other...
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In this Monday, July 15, 2019 photo a customer departs a Bank of America ATM, in Norwood, Mass. Bank of America Corp. reports earnings Wednesday, July 17. (AP Photo/Steven Senne)
July 17, 2019 - 6:58 am
NEW YORK (AP) — Bank of America's second-quarter profits rose by 8% from a year earlier, the company said Wednesday, as the consumer banking giant has benefitted greatly from the rise in interest rates as well as consumers and businesses more willing to borrow. The bank earned $7.35 billion, or 74...
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David Stilwell, center left, U.S. Assistant Secretary of State for the Bureau of East Asian and Pacific Affairs, speaks as South Korea's Deputy Foreign Minister for Political Affairs Yoon Soon-gu, center right, listens after a meeting with South Korean Foreign Minister Kang Kyung-wha at the foreign ministry in Seoul, South Korea, Wednesday, July 17, 2019. (AP Photo/Ahn Young-joon. Pool)
July 17, 2019 - 4:39 am
SEOUL, South Korea (AP) — The United States will "do what it can" to help resolve festering trade and political disputes between South Korea and Japan, a senior U.S. official said Wednesday after a series of meetings with Seoul officials. David Stilwell, the top U.S. diplomat for East Asian affairs...
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People walk by an electronic stock board of a securities firm in Tokyo, Wednesday, July 17, 2019. Asian stocks were mixed Wednesday as Wall Street ended a five-day winning streak after the first big round of corporate earnings reports. (AP Photo/Koji Sasahara)
July 17, 2019 - 3:41 am
TOKYO (AP) — Global stocks were mostly lower Wednesday after Wall Street ended a five-day winning streak following disappointing corporate earnings reports. France's CAC 40 fell nearly 0.1% in early trading to 21,469.18, while Germany's DAX was little changed but slightly lower at 12,427.90...
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Rep. David Cicilline, D-R.I., left, chair of the House Judiciary antitrust subcommittee, speaks alongside ranking member, Rep. Jim Sensenbrenner, R-Wisc., during a House Judiciary subcommittee hearing with representatives from major tech companies, Tuesday, July 16, 2019, on Capitol Hill in Washington. (AP Photo/Patrick Semansky)
July 17, 2019 - 3:37 am
Big Tech faced tough questions Tuesday as federal lawmakers focused on issues of potentially anticompetitive behavior by technology giants and expressed bipartisan skepticism over Facebook's plan for a new digital currency. Companies such as Apple, Google, Facebook and Amazon have long enjoyed...
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July 16, 2019 - 11:33 pm
WASHINGTON (AP) — Nuclear Regulatory Commission staff is recommending that the agency cut back on inspections at the country's nuclear reactors, a cost-cutting move promoted by the nuclear power industry but denounced by opponents as a threat to public safety. The recommendations, made public...
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July 16, 2019 - 7:47 pm
LOS ANGELES (AP) — Another legal fight is underway over home marijuana delivery in California. A licensed cannabis company has sued Santa Cruz County, claiming that it's violating state law by prohibiting deliveries from out-of-county retailers into a swath of unincorporated areas. The East of Eden...
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