Ownership changes

June 11, 2019 - 9:31 am
BISMARCK, N.D. (AP) — Two companies are proposing a $1.6 billion pipeline to move North Dakota crude oil, making it the biggest such project in the state since the Dakota Access pipeline that sparked violent clashes between protesters and law enforcement in 2016 and 2017. Houston-based Phillips 66...
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June 10, 2019 - 2:36 pm
SAN FRANCISCO (AP) — Private equity firm Apollo Global Management is buying online photo publishing company Shutterfly for $51 per share. Apollo will pay $1.74 billion for the 20-year-old company, which became popular offering its users prints and photobooks of their favorite shots. But demand for...
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June 09, 2019 - 3:59 pm
WALTHAM, Mass. (AP) — Raytheon Co. and United Technologies Corp. are merging in a deal that creates one of the world's largest defense companies. The merger, announced Sunday, will close in the first half of 2020 after United Technologies completes the separation of its Otis and Carrier businesses...
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FILE - In this Nov. 19, 2018, file photo, Nissan Motor Co. President and Chief Executive Officer Hiroto Saikawa speaks during a press conference at Nissan Motor Co. Global Headquarter in Yokohama, near Tokyo. Nissan wasn’t consulted on the proposed merger between its alliance partner Renault and Fiat Chrysler, but the Japanese automaker’s reluctance to go along may have helped bring about the surprise collapse of the talks. Saikawa told reporters late Thursday, June 6, 2019 he wanted time to learn what the Fiat Chrylser-Renault merger might mean for Nissan. (AP Photo/Shuji Kajiyama, File)
June 07, 2019 - 12:07 am
TOKYO (AP) — Nissan wasn't consulted on the proposed merger between its alliance partner Renault and Fiat Chrysler, but the Japanese automaker's reluctance to go along may have helped bring about the surprise collapse of the talks. While Nissan Motor Co. had a weaker bargaining position from the...
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FILE - In this May 28, 2019, file photo, the Fiat Chrysler Automobiles logo appears above a post on the floor of the New York Stock Exchange. Japanese automaker Nissan wasn’t consulted about a proposed merger between its French alliance partner Renault and Fiat Chrysler and has little say over the issue. Partnering with a colossal Renault-Fiat Chrysler could help Nissan slash costs on shared components and research. (AP Photo/Richard Drew, File)
June 06, 2019 - 1:49 am
PARIS (AP) — The surprising collapse of a proposal to merge Fiat Chrysler and Renault weighed heavily on the companies' shares Thursday, with all sides casting blame for the unravelling of what had appeared like a done deal to create the world's third-largest automaker. The French government, which...
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FILE - In this Feb. 14, 2019, file photo, this is the Fiat logo is mounted on a 2019 500 L on display at the 2019 Pittsburgh International Auto Show in Pittsburgh. French carmaker Renault looks set to give its approval to Fiat Chrysler's merger offer. The company's board is meeting Tuesday June 4, 2019 afternoon at its headquarters outside Paris to decide on a deal that could reshape the global auto industry. (AP Photo/Gene J. Puskar, File)
June 04, 2019 - 9:55 am
PARIS (AP) — The Latest on Fiat Chrysler's proposal to merge with Renault (all times local): 6:50 p.m. Renault is delaying a decision on whether to launch exclusive merger talks with Fiat Chrysler. Renault's board said Tuesday after meeting at its headquarters near Paris that it will meet again...
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FILE - In this March 12, 2019, photo, Renault Chairman Jean-Dominique Senard, left, and Nissan CEO Hiroto Saikawa speak at the start of a joint press conference following a board meeting at the Nissan headquarters in Yokohama, near Tokyo. Japanese automaker Nissan wasn’t consulted about a proposed merger between its French alliance partner Renault and Fiat Chrysler and has little say over the issue. Partnering with a colossal Renault-Fiat Chrysler could help Nissan slash costs on shared components and research. (AP Photo/Eugene Hoshiko, File)
June 04, 2019 - 3:43 am
TOKYO (AP) — Some Japanese are using an old expression to describe how Nissan was left out of talks that led to the proposed merger between its French alliance partner Renault and Fiat Chrysler Automobiles: "kaya no soto." That translates to "outside the mosquito net," or the unlucky person outside...
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In this photo taken Nov. 2, 2018, is the home of The Bakersfield Californian Media Company in Bakersfield, Calif. After 122 years of family ownership, the Bakersfield Californian has been sold to a Canadian publisher, the newspaper announced. The Harrell-Fritts family said in a message to readers on Sunday, June 2, 2019, that Sound News Media, a new company run by publisher Steven Malkowich, has purchased the Californian and its corporate entity, TBC Media. (Alex Horvath/The Californian via AP)
June 03, 2019 - 1:22 pm
BAKERSFIELD, Calif. (AP) — After 122 years of family ownership, the Bakersfield Californian has been sold to a Canadian publisher, the newspaper announced. The Harrell-Fritts family said in a message to readers on Sunday that Sound News Media, a new company run by publisher Steven Malkowich, has...
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June 02, 2019 - 10:24 am
BUDAPEST, Hungary (AP) — A few thousand mostly academics and students held a protest march against a plan by Prime Minister Viktor Orban's government to seize control of the research network of the Hungarian Academy of Sciences. Critics say the government plan threatens academic freedom and...
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FILE - In this March 12, 2019, file photo, Renault Chairman Jean-Dominique Senard, left, speaks as Nissan CEO Hiroto Saikawa listens during a joint press conference at the Nissan headquarters in Yokohama, near Tokyo. Fiat Chrysler’s proposal to merge with Renault was presented to Nissan on Wednesday, May 29, adding another big question to the list of uncertainties facing the Japanese automaker. (AP Photo/Eugene Hoshiko, File)
May 29, 2019 - 12:53 am
TOKYO (AP) — Fiat Chrysler's proposal to merge with Renault was presented to Nissan on Wednesday, adding another big question to the list of uncertainties facing the Japanese automaker. Nissan Motor Co. has been slammed with nose-diving profits and a tarnished reputation since the arrest of its...
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