Corporate management

June 03, 2019 - 8:36 pm
NEW YORK (AP) — The majority owner of a former Trump-branded hotel in Panama alleged in a court filing on Monday that the U.S. president's company misrepresented finances of the building to evade taxes in the country. A filing in New York federal court by property owner Orestes Fintiklis alleges...
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May 28, 2019 - 7:40 pm
SHENZHEN, China (AP) — Chinese tech giant Huawei has filed a motion in U.S. court challenging the constitutionality of a law that limits its sales of telecom equipment. The action Wednesday is the latest in an ongoing clash between Huawei and the U.S. government, which claims the Chinese telecom...
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FILE - In this March 29, 2018 file photo, the logo for social media giant Facebook, appears on screens at the Nasdaq MarketSite, in New York's Times Square. Facebook’s former security chief is disagreeing with calls to break up the social network. Instead, Alex Stamos believes the way to fix problems is for Mark Zuckerberg to step aside as CEO. Facebook co-founder Chris Hughes and other critics contend that government regulators should require Facebook to spin off other popular services such as Instagram and WhatsApp. (AP Photo/Richard Drew, File)
May 24, 2019 - 12:28 pm
SAN FRANCISCO (AP) — Facebook's former security chief is disagreeing with calls to break up the social network. Instead, Alex Stamos believes the way to fix problems is for Mark Zuckerberg to step aside as CEO. Facebook co-founder Chris Hughes and other critics contend that government regulators...
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May 23, 2019 - 7:42 am
LAS VEGAS (AP) — A company backed by tech billionaire Elon Musk has been granted a nearly $49 million contract to build a transit system using self-driving vehicles underneath the Las Vegas Convention Center. The board of directors of the Las Vegas Convention and Visitors Authority approved the...
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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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