Corporate management

October 29, 2020 - 2:37 am
HELSINKI (AP) — Telecom equipment maker Nokia has reported improved third-quarter earnings largely in line with expectations, but acknowledged it faced challenges in the race for new generation 5G networks. It pledged to invest more in those networks and said it would revamp business strategy under...
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FILE - In this Jan. 20, 2011, file photo, AMD chips are displayed at the Micro Center computer store in Santa Clara, Calif. AMD is buying processing platform developer Xilinx in an all-stock deal valued at $35 billion. (AP Photo/Paul Sakuma, File)
October 27, 2020 - 7:02 am
SAN JOSE, Calif. (AP) — Advanced Micro Devices is buying Xilinx for $35 billion in an all-stock deal that will combine the two Silicon Valley chip makers and accelerate an already rapid-fire pace of mergers and buyouts in the industry. The deal announced Tuesday puts AMD in a place it wants to be;...
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FILE - In this Wednesday, Aug. 22, 2007, file photo, Robert Murray, chief executive of Murray Energy Corp., speaks during an interview with an Associated Press reporter in his office at the Crandall Canyon Mine, in Huntington, Utah. Murray died Sunday, Oct. 25, 2020, at his home in Ohio less than a week after announcing his retirement as board chairman of a major U.S. coal operator. (AP Photo/Jae C. Hong, File)
October 25, 2020 - 11:15 pm
ST. CLAIRSVILLE, Ohio (AP) — Coal magnate Robert Murray died at his home in Ohio less than a week after announcing his retirement as board chairman of a major U.S. coal operator. Michael Shaheen, an attorney who had recently been representing Murray, confirmed the Sunday morning death of the 80-...
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Acting Assistant Attorney General Brian Rabbitt, of the Justice Department's Criminal Division and other officials, speak, Thursday, Oct. 22, 2020, at the Justice Department in Washington. A subsidiary of Goldman Sachs pleaded guilty on Thursday and agreed to pay more than $2 billion in a foreign corruption probe tied to the Malaysian 1MDB sovereign wealth fund, which was looted of billions of dollars in a corruption scandal. The company, Goldman Sachs Malaysia, entered the plea in federal court in Brooklyn. (Yuri Gripas/The New York Times via AP, Pool)
October 22, 2020 - 2:49 pm
WASHINGTON (AP) — A subsidiary of Goldman Sachs pleaded guilty on Thursday and agreed to pay more than $2.9 billion in a foreign corruption probe tied to the Malaysian 1MDB sovereign wealth fund, which was looted of billions of dollars in a corruption scandal. In addition, several current and...
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This Monday, Jan. 27, 2020, photo shows the General Motors logo. General Motors is expected to reveal that it will build the Cadillac Lyriq electric SUV at its factory in Spring Hill, Tenn., when it makes a major manufacturing announcement Tuesday, Oct. 20, 2020. (AP Photo/Paul Sancya)
October 19, 2020 - 5:36 pm
DETROIT (AP) — General Motors is expected to reveal that it will build the Cadillac Lyriq electric SUV at its factory in Spring Hill, Tennessee, when it makes a major manufacturing announcement on Tuesday. The Detroit automaker said it plans an online announcement Tuesday morning, but it declined...
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October 18, 2020 - 12:01 pm
MINNEAPOLIS (AP) — James A. Johnson, a former Democratic campaign operative who was CEO of housing lender Fannie Mae in the 1990s and served as chairman of Walter Mondale's presidential bid, died Sunday at his home in Washington. He was 76. Johnson's son, Alfred, confirmed that his father had died...
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FILE - This combination of photos shows logos for social media platforms Facebook and Twitter. Facebook and Twitter moved quickly this week to limit the spread of a disputed tabloid story promising new twists in the saga of Joe Biden’s relationship with Ukraine. President Donald Trump's campaign quickly seized on the story in the New York Post — but the report raised more questions than answers, including about the authenticity of an email at the center of the story. Wednesday morning Oct. 14, 2020, hours after the story's publication, a Facebook spokesman tweeted that the company was limiting its distribution on the platform.(AP Photo/File)
October 16, 2020 - 4:41 pm
Twitter was wrong to block weblinks to an unverified political story, CEO Jack Dorsey said on Friday, as the company responded to criticism over its handling of the story that had prompted cries of censorship from the right. “Straight blocking of URLs was wrong, and we updated our policy and...
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Robert and Dorothy Brockman attend an intimate al fresco dinner celebrating the Rice University groundbreaking of James Turrell's Rice University Skyspace project at the home of Phoebe and Bobby Tudor, Tuesday evening, May 17, 2011, in Houston. Federal prosecutors have charged Texas billionaire Robert Brockman in a $2 billion tax fraud scheme that they say is the largest such case against an American. (Dave Rossman/Houston Chronicle via AP)
October 15, 2020 - 3:58 pm
SAN FRANCISCO (AP) — Federal prosecutors charged Texas billionaire Robert Brockman on Thursday with a $2 billion tax fraud scheme in what they say is the largest such case against an American. Department of Justice officials said at a news conference that Brockman, 79, hid capital gains income over...
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A man wearing a face mask walks past an outdoor photography exhibition of healthcare workers in Melbourne, Tuesday, Sept. 22, 2020. The photo essay created by photographer Phoebe Powell is to acknowledge the people working in the Parkville Biomedical Precinct which is home to some of the world's leading medical researchers, clinicians and academics keeping Victoria state safe during the coronavirus pandemic. (James Ross/AAP Image via AP)
October 14, 2020 - 8:29 pm
CANBERRA, Australia — Australia’s prime minister said on Thursday his government was giving priority to reopening air services to Japan, Singapore and South Korea. Prime Minister Scott Morrison said he had discussed reopening air routes with the leaders of all three countries. He described Japan...
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FILE - This May 16, 2012 file photo shows the Facebook app logo on a mobile device in Philadelphia. On Monday, Oct. 12, 2020, Facebook announced it is banning posts that deny or distort the Holocaust and will start directing people to authoritative sources if they search for information about the Nazi genocide. (AP Photo/Matt Rourke, File)
Associated Press
October 12, 2020 - 12:10 pm
Facebook is banning posts that deny or distort the Holocaust and will start directing people to authoritative sources if they search for information about the Nazi genocide. Facebook CEO Mark Zuckerberg announced the new policy Monday, the latest attempt by the company to take action against...
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