Corporate management

Daimler CEO Dieter Zetsche, left, and incoming Daimler CEO Ola Kaellenius, right, pose prior to the annual shareholder meeting of the car manufacturer Daimler in Berlin, Germany, Wednesday, May 22, 2019. (AP Photo/Michael Sohn)
May 22, 2019 - 1:44 am
FRANKFURT, Germany (AP) — Daimler CEO Dieter Zetsche is handing off to his successor after 13 years at the helm as the company faces challenges from the transition to electric cars and digital transportation technologies. Zetsche received prolonged applause from shareholders at the company's annual...
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May 10, 2019 - 7:32 am
NEW YORK (AP) — An escalating trade war between the U.S. and China pushed stocks lower for a fifth straight day Friday on Wall Street and put the market on track for its worst week of the year. The U.S. pulled the trigger on higher tariffs on $200 billion worth of Chinese goods even as both sides...
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Ohio Gov. Mike DeWine speaks on the cellphone with GM CEO Mary Barra, Wednesday, May 8, 2019, at the Ohio Statehouse in Columbus, about the company's plans to sell its shuttered factory in Lordstown, Ohio, to a company that builds electric trucks. DeWine, a Republican, said he wanted to hear more details about the plan, including the reaction of the UAW, but said the potential project was better than the plant sitting idle. (AP Photo/Andrew Welsh-Huggins)
May 08, 2019 - 10:36 am
DETROIT (AP) — General Motors is negotiating the sale of its shuttered factory in Lordstown, Ohio, to a company that builds electric trucks. The company confirmed Wednesday that it's in talks with Cincinnati-based Workhorse Group to sell the huge facility, and also announced plans to invest $700...
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May 08, 2019 - 7:23 am
MADRID (AP) — Spanish anti-corruption prosecutors have arrested five people who are suspected of being involved in payoffs by a Barcelona company to the former president and vice president of Guatemala. Prosecutors say Wednesday the case concerns the alleged payment between 2012 and 2015 of $30...
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President Donald Trump pauses while speaking during a meeting with Slovak Prime Minister Peter Pellegrini in the Oval Office of the White House, Friday, May 3, 2019, in Washington. (AP Photo/Alex Brandon)
May 04, 2019 - 9:40 am
STERLING, Virginia (AP) — President Donald Trump criticized social media companies after Facebook banned a number of extremist figures, declaring that he was "monitoring and watching, closely!!" Trump, who tweeted and re-tweeted complaints Friday and Saturday, said he would "monitor the censorship...
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April 30, 2019 - 3:54 pm
BOSTON (AP) — Gambling regulators in Massachusetts on Tuesday levied a $35 million fine on Wynn Resorts but allowed the company to keep its casino license after executives failed to disclose allegations of sexual misconduct against company founder Steve Wynn. The Massachusetts Gaming Commission...
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FILE - In this Jan. 14, 2016, photo, cars drive into the MGM Grand hotel and casino in Las Vegas. Las Vegas-based casino company MGM Resorts International says it expects to cut about 1,000 jobs by June. The layoffs announced Monday, April 29, 2019, include 254 jobs the company said last week it would cut as it works to reduce costs and boost earnings. (AP Photo/John Locher, File)
April 30, 2019 - 11:08 am
LAS VEGAS (AP) — Las Vegas-based casino company MGM Resorts International says it expects to cut about 1,000 jobs by June. The layoffs announced Monday include 254 jobs the company said last week it would cut as it works to reduce costs and boost earnings. Chief Financial Officer Corey Sanders says...
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FILE - In this May 4, 2018, file photo, handguns are on display at the NRA convention in Dallas. The National Rifle Association is gathering for its 148th annual meeting beginning Thursday, April 25, 2019, in Indianapolis. (AP Photo/Sue Ogrocki, File)
April 24, 2019 - 2:37 pm
The National Rifle Association is used to battling forces that criticize its fiery and unbending efforts to protect gun rights. But as the group gathers for its annual convention this week, the NRA may be facing its toughest foe in decades: its own members. NRA insiders and longtime observers...
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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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FILE- This Oct. 3, 2018, file photo shows a Tesla emblem at the Auto show in Paris. Tesla CEO Elon Musk appears poised to transform the company’s electric cars into driverless vehicles in a risky bid to realize a bold vision that he has been floating for years. The technology required to make that quantum leap is scheduled to be shown off to Tesla investors Monday, April 22, 2019, at the company’s Palo Alto, Calif., headquarters. (AP Photo/Christophe Ena, File)
April 22, 2019 - 4:56 pm
SAN FRANCISCO (AP) — Tesla CEO Elon Musk expects to start converting the company's electric cars into fully self-driving vehicles next year as part of an audacious plan to create a network of robotic taxis to compete against Uber and other ride-hailing services. The vision sketched out Monday...
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