Corporate news

FILE - In this Sept. 20, 2019, file photo, an American flag flutters in the breeze outside of the Sutter Medical Center in Sacramento, Calif. Opening arguments begin Thursday, Oct. 10, 2019, in the antitrust case against Sutter Health, one of California's largest hospital systems, which is facing a trial over accusations that it has used its market dominance to snuff out competition and overcharge patients for medical bills. (AP Photo/Rich Pedroncelli, File)
October 10, 2019 - 12:43 pm
SAN FRANCISCO (AP) — One of California's largest hospital systems is facing a trial over accusations that it has used its market dominance to snuff out competition and overcharge patients for medical bills. The antitrust lawsuit against Sutter Health, which operates 24 hospitals with 5,500 doctors...
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FILE - In this June 24, 2019, file photo a Delta Air Lines aircraft makes its approach at Dallas-Fort Worth International Airport in Grapevine, Texas. Delta Air Lines reports earns Tuesday, Oct. 8. (AP Photo/Tony Gutierrez, FIle)
October 10, 2019 - 10:02 am
DALLAS (AP) — Delta Air Lines set records for passengers and revenue over the summer and benefitted from cheaper jet fuel, boosting its third-quarter profit 13% to $1.5 billion. However, Delta offered a cautious fourth-quarter forecast that fell short of Wall Street expectations, and the airline's...
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October 10, 2019 - 1:50 am
BEIJING (AP) — An annual survey of China's wealthiest businesspeople found they got richer this year despite a tariff war with Washington and slowing economic growth. The Hurun Report said Thursday the average net worth of China's richest 1,800 people rose 10% over 2018 to $1.4 billion. Jack Ma,...
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FILE - In this Friday, Oct. 4, 2019 file photo, Ukrainian President Volodymyr Zelenskiy reacts to media questions during Ukraine Belarus forum in Zhytomyr, Ukraine. Three House committees have released dozens of texts between U.S. diplomats in Ukraine discussing how to handle a response to President Donald Trump's demands that the country launch an investigation into Joe Biden's family. (AP Photo/Efrem Lukatsky)
October 09, 2019 - 11:07 am
KYIV, Ukraine (AP) — Ukraine's president appears to be playing to both sides of the American political divide, hedging his bets to ensure U.S. financial and military aid keeps flowing no matter who wins next year's election. First, a point for U.S. President Donald Trump's team: Ukraine's top...
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October 09, 2019 - 9:39 am
WASHINGTON (AP) — Facebook CEO Mark Zuckerberg will appear before Congress this month as the tech giant is under pressure from lawmakers and regulators over its massive market power and record of privacy breaches. Rep. Maxine Waters, the California Democrat who heads the House Financial Services...
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Detainees walk with their hands clasped behind their backs along a line painted on a walkway inside the Winn Correctional Center in Winnfield, La., Thursday, Sept. 26, 2019. Detainees are required to walk from site to site with their hands clasped behind their backs. Since 2018, eight Louisiana jails have started detaining asylum seekers, making Louisiana an unlikely epicenter for immigrant detention under President Donald Trump. Immigration and Customs Enforcement says it’s now detaining about 8,000 migrants in Louisiana out of 51,000 nationally. (AP Photo/Gerald Herbert)
October 08, 2019 - 9:09 pm
WINNFIELD, La. (AP) — Tucked away in the dense forest of rural Louisiana is a barbed wire-ringed prison that has quickly grown into a major detention center for immigrants detained at the border. The Winn Correctional Center is one of eight Louisiana jails that have started housing asylum seekers...
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FILE - This Thursday, Dec. 21, 2017 file photo shows the MedMen marijuana dispensary in Los Angeles. Marijuana stocks have come down hard from their highs a year ago, and the skid isn't just spooking investors. On Tuesday, Oct. 8, 2019, MedMen Enterprises Inc., which sells legal cannabis in California and 11 other states, backed out of a blockbuster deal to buy PharmaCann, a Chicago-based marijuana company with operations in eight states. (AP Photo/Richard Vogel, File)
October 08, 2019 - 5:31 pm
LOS ANGELES (AP) — Marijuana stocks have come down hard from their highs a year ago, and the skid isn't just spooking investors. On Tuesday, MedMen Enterprises Inc., which sells legal cannabis in California and 11 other states, backed out of a blockbuster deal to buy PharmaCann, a Chicago-based...
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FILE - In this Nov. 9, 2018, file photo, Pacific Gas & Electric crews work to restore power lines in Paradise, Calif. Two years to the day after some of the deadliest wildfires tore through Northern California wine country, two of the state's largest utilities were poised Tuesday, Oct. 8, 2019, to shut off power to more than 700,000 customers in 37 counties, in what would be the largest preventive shut-off to date as utilities try to head off wildfires caused by faulty power lines. (AP Photo/Rich Pedroncelli, File)
October 08, 2019 - 4:16 pm
SAN FRANCISCO (AP) — Millions of people were poised to lose power throughout northern and central California after Pacific Gas & Electric Co. announced Tuesday it would shut off power in the largest preventive outage in state history to try to avert wildfires caused by faulty power lines. PG...
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Visitors tour near the logo of Samsung Electronics at semiconductor exhibition in Seoul, South Korea, Tuesday, Oct. 8, 2019. Samsung Electronics has predicted its operating profit for the last quarter will fall by more than 56% from a year earlier amid sluggish global demand for computer chips. (AP Photo/Lee Jin-man)
October 08, 2019 - 2:22 pm
Samsung provided the latest sign of the tough times afflicting computer chipmakers as it braced investors for a sharp drop in profit. The sobering forecast Tuesday wasn't entirely unexpected, given an industrywide glut that has forced chipmakers to slash prices to clear out inventory. Although...
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FILE - In this Sept. 12, 2019, file photo, cars pass Purdue Pharma headquarters in Stamford, Conn. Local government lawsuits against the family that owns Purdue Pharma should be allowed to proceed even as the company attempts to reach a nationwide settlement in bankruptcy court over the toll of the opioids crisis, according to a court filing on Wednesday, Oct. 2, 2019. (AP Photo/Frank Franklin II, File)
October 08, 2019 - 1:19 pm
Arizona's attorney general is having misgivings about agreeing to Purdue Pharma's proposal to settle litigation over the opioid crisis. Attorney General Mark Brnovich, a Republican, said in a court filing late Monday that the OxyContin maker has "sought to undermine material terms of the deal." He...
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