Corporate management

In this July 19, 2019, photo a Tesla vehicle charges at a Tesla Supercharger site in Charlotte, N.C. Tesla, Inc. reports earning on Wednesday, July 24, 2019. (AP Photo/Chuck Burton)
July 24, 2019 - 2:09 pm
SAN FRANCISCO (AP) — Tesla suffered a loss of $408 million during its latest quarter as the company continues to struggle to prove it can make money while producing electric cars at prices that a mass market can afford. The setback announced Wednesday had already been telegraphed by Tesla CEO Elon...
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July 23, 2019 - 10:49 am
The president of a Pennsylvania school board whose district had warned parents behind on school lunch bills that their children could end up in foster care has rejected a company CEO's offer to cover the cost, the businessman said Tuesday. Todd Carmichael, chief executive and co-founder of...
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July 22, 2019 - 8:54 am
WASHINGTON (AP) — The Trump administration is penalizing a Chinese company and its top executive for violating U.S. restrictions on dealing with Iran. Secretary of State Mike Pompeo says the U.S. is imposing sanctions on Zhuhai Zhenrong (ZHOO-hi ZHEN-wrong) Limited and its chief executive for...
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FILE - In this March 21, 2018, file photo member of the board of the German car manufacturer BMW, Oliver Zipse, attends the earnings press conference in Munich, Germany. On Thursday, July 18, 2019, BMW named its top production manager, Zipse, as its next CEO to lead the luxury automaker. (AP Photo/Matthias Schrader, File)
July 18, 2019 - 12:29 pm
FRANKFURT, Germany (AP) — BMW has named its top production manager, Oliver Zipse, as CEO to lead the luxury automaker through a shift to new ways of doing business such as electric vehicles and offering cars on a per-use basis. The company said Thursday that Zipse, 55, would succeed Harald Krueger...
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South Korean President Moon Jae-in, second from right, shakes hands with Hwang Kyo-ahn, the main opposition Liberty Korea Party chairman, during a meeting with ruling and opposition party leaders to talk about an ongoing South Korea-Japan trade conflict at the presidential Blue House in Seoul, South Korea, Thursday, July 18, 2019. (Bee Jae-man/Yonhap via AP)
July 18, 2019 - 5:30 am
SEOUL, South Korea (AP) — Setting aside their usual bickering, South Korean liberal and conservative parties on Thursday vowed to cooperate to help the Seoul government prevail in an escalating trade row with Japan. After a meeting between the parties' leaders and South Korean President Moon Jae-in...
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July 15, 2019 - 1:28 pm
BOISE, Idaho (AP) — Former Idaho Gov. C.L. "Butch" Otter has asked the Trump administration to investigate possible Chinese involvement in a mining company that could compete in Idaho with a Canadian-based company that tapped Otter to serve on its board of directors. The Idaho Statesman reports in...
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People walk past a Huawei retail store in Beijing, Sunday, June 30, 2019. Once again, Presidents Donald Trump and Xi Jinping have hit the reset button in trade talks between the world's two biggest economies, at least delaying an escalation in tension between the U.S. and China that had financial markets on edge and cast a cloud over the global economy. (AP Photo/Andy Wong)
July 12, 2019 - 5:01 am
SHENZHEN, China (AP) — The chairman of Huawei said Friday the Chinese tech giant has yet to see any benefit from President Donald Trump's promise to allow U.S. companies to sell some components to the company and called on Washington to remove it from a security blacklist. The "unjust and unfair"...
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July 11, 2019 - 4:56 pm
Oliver North, the retired Marine who was pushed out as president of the National Rifle Association in a dispute within the gun-rights group, said in court documents filed Thursday that he was thwarted when he tried to raise alarm bells about alleged misspending and denied that he tried to oust the...
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July 05, 2019 - 4:25 am
FRANKFURT, Germany (AP) — BMW CEO Harald Krueger is stepping down in the wake of the luxury automaker's weakest earnings performance in a decade. The Germany company said Friday that Krueger, 53, would not seek an extension of his contract, which expires at the end of April 2020. The board of...
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FILE - In this March 28, 1990, file photo, Chrysler Corporation Chairman Lee Iacocca sits in a 1990 Dodge Viper sports car as the Chrysler in the 90's six city tour makes a visit to New York. Former Chrysler CEO Iacocca, who became a folk hero for rescuing the company in the '80s, has died, former colleagues said Tuesday, July 2, 2019. He was 94. (AP Photo/Osamu Honda, File)
July 03, 2019 - 4:13 am
DETROIT (AP) — Lee Iacocca, the auto executive and master pitchman who put the Mustang in Ford's lineup in the 1960s and became a corporate folk hero when he resurrected Chrysler 20 years later, has died in Bel Air, California. He was 94. Two former Chrysler executives who worked with him, Bud...
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