Ownership changes

November 08, 2018 - 1:46 pm
MONTREAL (AP) — Canadian plane and train maker Bombardier Inc. will shed 5,000 jobs and sell off two units as part of a five-year plan to rein in costs, focus on rail and business jets, and reduce debt. About 2,500 Bombardier workers will be laid off in Quebec and 600 in Ontario. About 2,000 other...
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Chinese President Xi Jinping is seen on a live broadcast at the media center during the opening ceremony for the China International Import Expo in Shanghai, Monday, Nov. 5, 2018. Xi promised Monday to open China wider to imports at the start of a high-profile trade fair meant to rebrand the country as a global customer but offered no response to U.S. and European complaints about technology policy and curbs on foreign business. (AP Photo/Ng Han Guan)
November 05, 2018 - 6:18 am
SHANGHAI (AP) — President Xi Jinping promised Monday to open China's growing consumer market wider at an import fair meant to help defuse complaints Beijing abuses the global trading system. But he offered no response to U.S. and European complaints about technology policy and investment curbs. The...
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In this Oct. 26, 2018, photo, workers prepare a lawn outside the venue for the upcoming China International Import Expo in Shanghai. Facing a blizzard of trade complaints, China is throwing an "open for business" import fair hosted by President Xi Jinping to rebrand itself as a welcoming market and positive global force. (Chinatopix via AP)
November 03, 2018 - 5:38 pm
BEIJING (AP) — Facing a blizzard of trade complaints, China is throwing an "open for business" import fair hosted by President Xi Jinping to rebrand itself as a welcoming market and positive global force. More than 3,000 companies from 130 countries selling everything from Egyptian dates to factory...
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FILE - In this Dec. 13, 2016, file photo, a skylight is reflected in the rear window of a Waymo driverless car during a Google event in San Francisco. Google's robotic car spin-off Waymo is poised to become the first to test fully driverless vehicles on California's public roads. (AP Photo/Eric Risberg, File)
October 30, 2018 - 4:29 pm
SAN FRANCISCO (AP) — The robotic car company created by Google is poised to attempt a major technological leap in California, where its vehicles will hit the roads without a human on hand to take control in emergencies. The regulatory approval announced Tuesday allows Waymo's driverless cars to...
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October 22, 2018 - 12:11 am
MILAN (AP) — Fiat Chrysler Automobiles has announced the sale of its auto components division to Japanese automotive component supplier Calsoni Kansei Corporation in a deal valued at 6.2 billion euros ($7 billion). FCA said Monday that the Magneti Marelli sale would create the world's seventh-...
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FILE- In this July 8, 2017, file photo people walk into a Sears store slated for closing that is next to a mall that is being torn down in Overland Park, Kan. Sears has filed for Chapter 11 bankruptcy protection Monday, Oct. 15, 2018, buckling under its massive debt load and staggering losses. The company once dominated the American landscape, but whether a smaller Sears can be viable remains in question. (AP Photo/Charlie Riedel, File)
October 15, 2018 - 9:18 am
NEW YORK (AP) — Sears filed for Chapter 11 bankruptcy protection Monday, with plans to shutter 142 unprofitable stores in the hopes that it can stay in business. The question now is whether a smaller version of the company that once towered over the American retail landscape can be viable. Sears,...
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October 14, 2018 - 5:17 pm
NEW YORK (AP) — Defense contractors Harris Corp. and L3 Technologies are combining to form one of the world's largest defense companies. The new company, L3 Harris Technologies Inc., will have annual sales of around $16 billion this year. That would make it the sixth-largest U.S. defense contractor...
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In this July, 5, 2018 photo, a post-Panamax crane loads a 40-foot shipping container onto a container ship at the Port of Savannah in Savannah, Ga. On Friday, Oct. 5, the Commerce Department reports on the U.S. trade gap for August. (AP Photo/Stephen B. Morton)
October 08, 2018 - 2:07 am
LONDON (AP) — Executives around the world are cooling to the idea of mergers and acquisitions in the face of rising trade tensions, notably between the U.S. and China, a leading adviser on international corporate deals said Monday. In its half-yearly assessment of corporate mergers and acquisitions...
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Presidential frontrunner Jair Bolsonaro, of the Social Liberal Party, flashes victory hand signs to supporters after voting at a polling station in Rio de Janeiro, Brazil, Sunday, Oct. 7, 2018. Brazilians choose among 13 candidates for president Sunday in one of the most unpredictable and divisive elections in decades. If no one gets a majority in the first round, the top two candidates will compete in a runoff. (AP Photo/Leo Correa)
October 07, 2018 - 7:08 pm
RIO DE JANEIRO (AP) — Far-right congressman Jair Bolsonaro won the first round of Brazil's presidential race Sunday, doing far better than polls predicted and coming just shy of an outright victory. In the weeks ahead of an Oct. 28 runoff against former Sao Paulo mayor Fernando Haddad, Bolsonaro's...
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Representative Director and CTO of SoftBank Corp. Junichi Miyakawa, left and Executive Vice President of Toyota Motor Corporation Shigeki Tomoyama, right, shake hands during a press conference in Tokyo Thursday, Oct. 4, 2018. Japan’s No. 1 automaker Toyota Motor Corp. and Japanese technology giant SoftBank Group Corp. say they are setting up a joint venture to create mobility services. (AP Photo/Eugene Hoshiko)
October 03, 2018 - 11:36 pm
TOKYO (AP) — Japan's No. 1 automaker Toyota Motor Corp. and technology giant SoftBank Group Corp. are setting up a joint venture to create mobility services in what they called a "united Japan" effort to face global competition. The venture, Monet Technologies Corp., capitalized at 2 billion yen ($...
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