Corporate news

FILE - In this Wednesday, May 22, 2019 file photo, Daimler CEO Dieter Zetsche poses prior to the annual shareholder meeting of the car manufacturer Daimler in Berlin, Germany. Automaker Daimler releases second-quarter earnings on Wednesday, July 24. (AP Photo/Michael Sohn, file)
July 23, 2019 - 10:58 pm
FRANKFURT, Germany (AP) — Daimler AG, maker of Mercedes-Benz cars, says it lost 1.2 billion euros ($1.3 billion) in the second quarter as the company saw 4.2 billion euros in one-time charges for troubles with diesel cars and air bag recalls. The quarterly loss reported Wednesday was the company's...
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FILE - In this Monday, July, 8, 2019 file photo, a Deutsche Bank sign is seen on the outside of their building in London. Deutsche Bank releases second-quarter earnings on Wednesday, July 24. (AP Photo/Natasha Livingstone, file)
July 23, 2019 - 10:24 pm
FRANKFURT, Germany (AP) — Deutsche Bank says it lost 3.1 billion euros ($3.45 billion) in the second quarter as the bank booked heavy charges for its sweeping restructuring that will drop 18,000 jobs. The bank said in a news release Wednesday that without the charges it would have made net profit...
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FILE - In this April 10, 2018, file photo Facebook CEO Mark Zuckerberg takes his seat to testify before a joint hearing of the Commerce and Judiciary Committees on Capitol Hill in Washington. The Washington Post reported on Tuesday, July 23, 2019, that the Federal Trade Commission will allege that Facebook misled users about its privacy practices as part of an expected settlement.(AP Photo/Alex Brandon, File)
July 23, 2019 - 2:53 pm
The U.S. Justice Department opened a sweeping antitrust investigation of big technology companies and whether their online platforms have hurt competition, suppressed innovation or otherwise harmed consumers. It comes as a growing number of lawmakers have called for stricter regulation or even...
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FILE - In this April 10, 2018, file photo Facebook CEO Mark Zuckerberg takes his seat to testify before a joint hearing of the Commerce and Judiciary Committees on Capitol Hill in Washington. The Washington Post reported on Tuesday, July 23, 2019, that the Federal Trade Commission will allege that Facebook misled users about its privacy practices as part of an expected settlement.(AP Photo/Alex Brandon, File)
July 23, 2019 - 2:50 pm
WASHINGTON (AP) — The Latest on U.S. regulation of technology companies (all times local): 5:45 p.m. An antitrust expert believes a Justice Department investigation into whether major technology companies are abusing their market power may prompt regulators to interpret the law in new ways. The...
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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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In this Tuesday, July 9, 2019, photo, immigrants say the Pledge of Allegiance in a writing class at the U.S. government’s newest holding center for migrant children in Carrizo Springs, Texas. Following breakfast, children play soccer and then have classes held in trailers. (AP Photo/Eric Gay)
July 23, 2019 - 9:28 am
HOUSTON (AP) — The U.S. government's new holding facility for migrant youth will close as early as this week, less than one month after it was opened in response to the squalid conditions in which children were being detained by the Border Patrol, according to the nonprofit operating the facility...
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FBI Director Christopher Wray testifies before the Senate Judiciary Committee on Capitol Hill in Washington, Tuesday, July 23, 2019. Wray's appearance before the committee could be something of a preview of the intense questioning special counsel Robert Mueller is likely to face in Congress the next day. (AP Photo/Susan Walsh)
July 23, 2019 - 8:16 am
WASHINGTON (AP) — The Latest on FBI Director Christopher Wray's appearance before a Senate committee (all times local): 11:10 a.m. FBI Director Christopher Wray says China poses a more serious counterintelligence threat to the United States than any other country, including Russia. Wray told the...
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FILE - In this Thursday, July 18, 2019, file photo trader Dennis Maguire works on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Tuesday, July 23. (AP Photo/Richard Drew, File)
July 23, 2019 - 7:26 am
NEW YORK (AP) — U.S. stocks moved higher in early trading Tuesday on Wall Street as several major companies reported solid second quarter earnings. Corporate earnings are now in full swing after last week's relatively light load of mixed results. Nearly 150 companies in the S&P 500 will report...
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FILE - This May 11, 2006 file photo shows the Freedom of the Seas cruise ship docked in Bayonne, N.J. Kimberley Wiegand, the mother of an 18-month-old Indiana girl who fell to her death from an open window on the cruise ship in Puerto Rico, told NBC’s “Today” show Monday, July 22, 2019 that her family will sue Royal Caribbean Cruises for “not having a safer situation on the 11th floor of that cruise ship.” (AP Photo/Mike Derer, File)
July 22, 2019 - 10:06 am
INDIANAPOLIS (AP) — There are "a million things" the cruise company could have done to prevent the death of an 18-month-old Indiana girl who fell to her death from an open window on a cruise ship in Puerto Rico, the toddler's mother said in an interview broadcast Monday. Speaking publicly for the...
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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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