Corporate news

Traders on the floor of the New York Stock Exchange, Tuesday, May 23, 2017, observe a moment of silence in the wake of the attack in Manchester, England. (AP Photo/Richard Drew)
May 24, 2017 - 12:00 am
BEIJING (AP) — Chinese stocks sank Wednesday after Moody's cut the country's debt rating and other Asian markets rose following Wall Street's advance. KEEPING SCORE: The Shanghai Composite Index lost 0.5 percent to 3,047.80 and Hong Kong's Hang Seng was unchanged at 25,410.81. Tokyo's Nikkei 225...
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May 23, 2017 - 11:38 pm
HONG KONG (AP) — Credit rating agency Moody's has cut its credit rating for China, citing slowing economic growth and rising debt that it says will erode the country's financial strength. Moody's said Wednesday that it is downgrading its long-term rating for China one notch to A1 from Aa3. The...
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This Wednesday, April 26, 2017, photo shows Google's web address, in Philadelphia. Google is keeping an eye on what you’re buying offline in addition to monitoring your online shopping in its latest attempt to sell more digital advertising. The offline tracking of most credit and debit card transactions will help Google to automatically inform merchants when digital ads appearing on its vast marketing network translate into sales at a brick-and-mortar store. Google plans to unveil the store-sales measurement tool Tuesday, May 23, 2017, in San Francisco at an annual conference it hosts for its advertisers. (AP Photo/Matt Rourke)
May 23, 2017 - 8:12 pm
SAN FRANCISCO (AP) — Google already monitors online shopping — and now it's keeping an eye on physical stores to try to sell more digital advertising. The internet company said Tuesday that a new tool will track how much money people spend in merchants' brick-and-mortar stores after clicking on...
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Budget Director Mick Mulvaney holds up a copy of President Donald Trump's proposed fiscal 2018 federal budget as he speaks to members of the media in the Press Briefing Room of the White House in Washington, Tuesday, May 23, 2017. (AP Photo/Andrew Harnik)
May 23, 2017 - 5:12 pm
WASHINGTON (AP) — President Donald Trump fulfilled a major campaign promise Tuesday, proposing a $4.1 trillion budget plan that would upend Washington in a big way. But he drew rebukes, even from some Republican allies, for the plan's jarring, politically unrealistic cuts to the social safety net...
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FILE - In this Jan. 5, 2015, file photo, Dodge Ram pickup trucks are on display on the lot at Landmark Dodge Chrysler Jeep RAM in Morrow, Ga. In a lawsuit filed Tuesday, May 23, 2017, the U.S. government is suing Fiat Chrysler, alleging that some diesel pickup trucks and Jeeps cheat on emissions tests. The Justice Department lawsuit alleges that nearly 104,000 Ram pickups and Jeep Grand Cherokees from the 2014 to 2016 model years have software that allows them to emit lower amounts of pollutants during lab tests by the Environmental Protection Agency than during normal driving conditions. (AP Photo/John Bazemore, File)
May 23, 2017 - 5:04 pm
DETROIT (AP) — The U.S. government is suing Fiat Chrysler, alleging that some of its diesel pickup trucks and Jeep SUVs cheat on emissions tests. The lawsuit filed Tuesday by the Justice Department marks the second time the government has gone after an automaker alleging use of software on diesel...
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FILE - In this Monday, May 22, 2017, file photo, Jim Hackett speaks after being introduced as Ford Motor Company CEO, in Dearborn, Mich. Hackett revealed a little about his plans, and a lot about himself, when he talked to media after his appointment. "The number one vehicle in the world is built by Ford Motor Company, and that’s not lost on me," said Hackett. (AP Photo/Paul Sancya, File)
May 23, 2017 - 4:29 pm
DEARBORN, Michigan (AP) — Ford's new CEO, Jim Hackett, revealed a little about his plans — and a lot about himself — when he talked to media after his appointment. Here are four of the comments the former head of Steelcase Inc. made at Ford's Dearborn headquarters Monday and the deeper meaning...
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FILE - In this Jan. 5, 2015, file photo, Dodge Ram pickup trucks are on display on the lot at Landmark Dodge Chrysler Jeep RAM in Morrow, Ga. In a lawsuit filed Tuesday, May 23, 2017, the U.S. government is suing Fiat Chrysler, alleging that some diesel pickup trucks and Jeeps cheat on emissions tests. The Justice Department lawsuit alleges that nearly 104,000 Ram pickups and Jeep Grand Cherokees from the 2014 to 2016 model years have software that allows them to emit lower amounts of pollutants during lab tests by the Environmental Protection Agency than during normal driving conditions. (AP Photo/John Bazemore, File)
May 23, 2017 - 3:21 pm
DETROIT (AP) — The U.S. government is suing Fiat Chrysler, alleging that some of its diesel pickup trucks and Jeep SUVs cheat on emissions tests. The lawsuit filed Tuesday by the Justice Department marks the second time the government has gone after an automaker alleging use of software on diesel...
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This photo combination of images shows the top 10 highest paid CEOs in 2016, according to a study carried out by executive compensation data firm Equilar and The Associated Press. On top row, from left: Charter Communications CEO Thomas Rutledge; CBS CEO Leslie Moonves; Walt Disney CEO Robert Iger; Discovery Communications CEO David Zaslav; and Activision Blizzard CEO Robert Kotick. On bottom row, from left: Comcast CEO Brian Roberts; Time Warner CEO Jeffrey Bewkes; IBM CEO Virginia Rometty; Regeneron Pharmaceuticals CEO Leonard Schleifer; and Wynn Resorts CEO Stephen Wynn. (AP Photo)
May 23, 2017 - 2:34 pm
NEW YORK (AP) — The typical CEO at the biggest U.S. companies got an 8.5 percent raise last year, raking in $11.5 million in salary, stock and other compensation last year, according to a study by executive data firm Equilar for The Associated Press. That's the biggest raise in three years. The...
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This photo provided by Broadcom shows President and CEO Hock E. Tan. Tan received one of the top three pay raises among CEOs in 2016, according to a study carried out by executive compensation data firm Equilar and The Associated Press. (Broadcom via AP)
May 23, 2017 - 2:33 pm
Here are the three CEOs who got the biggest pay raises last year, and the deepest pay cuts, as calculated by The Associated Press and Equilar, an executive data firm. ___ Top raises: ___ 1. Hock Tan Broadcom Corp. $24.7 million, up 513 percent ___ 2. Thomas Rutledge Charter Communications Inc. $98...
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May 23, 2017 - 2:13 pm
DES MOINES, Iowa (AP) — A father and son whose Iowa-based egg production company caused a massive 2010 salmonella outbreak cannot further appeal their sentences for misdemeanor food safety violations, according to the U.S. Supreme Court. The highest U.S. court declined to hear the appeals of Austin...
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