Corporate news

FILE - In this Aug. 15, 2015, file photo, a pedestrian walks past a Gap store in Miami. Gap reports earnings on Thursday, May 24, 2018. (AP Photo/Lynne Sladky, File)
May 24, 2018 - 4:38 pm
SAN FRANCISCO (AP) — Gap Inc. says its first-quarter profit missed forecasts, but revenue beat estimates. The San Francisco-based clothing chain earned $164 million, or 42 cents per share, on revenue of $3.78 billion Analysts expected a quarterly profit of 45 cents and revenue of $3.61 billion,...
Read More
May 24, 2018 - 4:31 pm
LOS ANGELES (AP) — A Southern California jury has ordered Johnson & Johnson to pay more than $25 million to a woman who claimed in a lawsuit that she developed cancer by using the company's talc-based baby powder. Jurors on Thursday awarded $4 million in punitive damages after finding that...
Read More
FILE- This file image made from video March 18, 2018, of a mounted camera provided by the Tempe Police Department shows an interior view moments before an Uber SUV hit a woman in Tempe, Ariz. In a preliminary report on the crash released Thursday, May 24, federal investigators said the autonomous Uber SUV that struck and killed an Arizona pedestrian in March spotted the woman about six seconds before hitting her, but didn’t stop automatically because emergency braking was disabled. (Tempe Police Department via AP, File)
May 24, 2018 - 4:11 pm
DETROIT (AP) — The autonomous Uber SUV that struck and killed an Arizona pedestrian in March spotted the woman about six seconds before hitting her, but did not stop because the system used to automatically apply brakes in potentially dangerous situations had been disabled, according to federal...
Read More
This undated photo provided by the Massachusetts Institute of Technology School of Engineering in May 2018 shows a capsule packed with electronics and genetically engineered living cells in Cambridge, Mass. Researchers at MIT, who tested the swallowable device in pigs, say it correctly detected signs of bleeding. The results, published online Thursday, May 24, 2018 by the journal Science, suggest a smaller version of the capsule could eventually be used in humans to find signs of ulcers, inflammatory bowel disease or even colorectal cancer. (Lillie Paquette/MIT School of Engineering via AP)
May 24, 2018 - 3:24 pm
Scientists have developed a swallowed capsule packed with tiny electronics and millions of genetically engineered living cells that might someday be used to spot health problems from inside the gut. The capsule was tested in pigs and correctly detected signs of bleeding, researchers at the...
Read More
FILE- This April 24, 2017, photo shows the outside of a McDonald's restaurant in downtown Pittsburgh. McDonald’s isn’t ready to stop offering plastic straws, despite environmental concerns. A shareholder proposal to pressure the world’s biggest hamburger chain on the matter was voted down at the company’s annual meeting Thursday, May 24, 2018. (AP Photo/Keith Srakocic, File)
May 24, 2018 - 11:53 am
NEW YORK (AP) — McDonald's isn't ready to stop offering plastic straws, despite environmental concerns. A shareholder proposal to pressure the world's biggest hamburger chain on the matter was voted down at the company's annual meeting Thursday. The proposal by activist group SumOfUs asked for a...
Read More
FILE- In this May 23, 2017, file photo, a Best Buy store sign is illuminated, in Orange, Calif. Best Buy Co. Inc. reports earnings on Thursday, May 24, 2018. (AP Photo/Chris Carlson, File)
May 24, 2018 - 11:47 am
NEW YORK (AP) — Best Buy posted strong sales of mobile phones, appliances, and smart computing products as it showed in its financial results that store chains can still thrive as shoppers buy more online. The nation's largest consumer electronic was also buoyed by stronger consumer confidence in...
Read More
May 24, 2018 - 9:37 am
ATLANTIC CITY, N.J. (AP) — The NBA is defending its quest to receive part of the money that states or gambling companies take in as part of legal sports betting. On Wednesday, New Jersey's state Senate president called on all 50 states to reject so-called "integrity fees" as part of any sports...
Read More
May 24, 2018 - 6:24 am
MOSCOW (AP) — Russian aluminum maker Rusal says its CEO and seven board members have quit, a move that comes as the company struggles to survive U.S. sanctions. U.S. has hit Rusal and its major shareholder, billionaire Oleg Deripaska, with sanctions cutting the company off from international...
Read More
FILE - In this June 11, 2014, file photo, a man walks past a mural in an office on the Facebook campus in Menlo Park, Calif. The California Supreme Court will decide whether Facebook and other social media companies must turn over user content to criminal defendants. The justices are expected to rule Thursday, May 24, 2018, in a case that has pitted some of Silicon Valley's biggest companies against public defenders. (AP Photo/Jeff Chiu, File)
May 24, 2018 - 2:38 am
SAN FRANCISCO (AP) — The California Supreme Court will decide whether Facebook and other social media companies must turn over user content to criminal defendants. The justices are expected to rule Thursday in a case that has pitted some of Silicon Valley's biggest companies against public...
Read More
President Donald Trump's hair is ruffled by a breeze as he speaks to the media on the South Lawn of the White House in Washington, Wednesday, May 23, 2018, en route to a day trip to New York. Trump will hold a roundtable discussion on Long Island on illegal immigration and gang violence that the White House is calling a "national call to action for legislative policy changes." (AP Photo/Jacquelyn Martin)
May 23, 2018 - 10:00 pm
WASHINGTON (AP) — The Trump administration on Wednesday launched an investigation into whether tariffs are needed on the imports of automobiles into the United States, moving swiftly as talks over the North American Free Trade Agreement have stalled. President Donald Trump predicted earlier that U...
Read More

Pages