Corporate news

Chicago White Sox's Tim Anderson (7) is restrained by Jose Abreu after he was hit by a pitch from the Kansas City Royals, as benches cleared during the sixth inning of a baseball game in Chicago, Wednesday, April 17, 2019. The Royals won 4-3 in 10 innings. (AP Photo/Nam Y. Huh)
April 20, 2019 - 3:02 pm
NEW YORK (AP) — When Tim Anderson spiked his bat and yelled toward his White Sox teammates, Major League Baseball's self-described "spicy" Twitter account was among the first to weigh in. "LET THE KIDS PLAY," proclaimed @Cut4 , the offbeat arm of MLB's social media portfolio with nearly 1 million...
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Chinese Foreign Minister Wang Yi waves as he leaves after a press conference on the upcoming Road and Belt Forum in Beijing on Friday, April 19, 2019. China is downplaying the political implications of its global development campaign known as the Belt and Road initiative, saying that it aims to boost multilateralism amid protectionist trends in the U.S. and elsewhere. (AP Photo/Ng Han Guan)
April 19, 2019 - 1:43 am
BEIJING (AP) — China downplayed the political implications of its global Belt and Road infrastructure initiative, saying Friday that it aimed to boost multilateralism amid protectionist trends in the U.S. and elsewhere. Foreign Minister Wang Yi said that a conference to promote the initiative to be...
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In this Thursday, April 18, 2019, photo provided by Toyota Motor Corporation, from left, Denso Corp. Executive Vice President Hiroyuki Wakabayashi, Head of Uber ATG Eric Meyhofer, CEO of Uber Technologies, Inc. Dara Khosrowshahi, Toyota Executive Vice President Shigeki Tomoyama and Managing Partner of Softbank Vision Fund Ervin Tu attend a press conference at Uber headquarters in San Francisco. Japan's top automaker Toyota, auto parts maker Denso and internet company SoftBank's investment fund are investing $1 billion in car-sharing Uber's technology unit. (Toyota Motor Corporation via AP)
April 19, 2019 - 12:02 am
TOKYO (AP) — Japan's top automaker Toyota, auto parts maker Denso and internet company SoftBank's investment fund are investing $1 billion in car-sharing Uber's technology unit. The Japanese companies said Friday that Toyota Motor Corp. and Denso Corp. will together invest $667 million and SoftBank...
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April 18, 2019 - 7:26 pm
LAS VEGAS (AP) — Two former investment executives from Japan pleaded not guilty in Las Vegas on Thursday to criminal fraud charges in what prosecutors have called a $1.5 billion international Ponzi scheme. Junzo Suzuki, 70, and his son, Paul Suzuki, 40, arrived in custody in the U.S. on Wednesday,...
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Zoom CEO Eric Yuan, center, celebrates the opening bell at Nasdaq as his company holds its IPO, Thursday, April 18, 2019, in New York. The videoconferencing company is headquartered in San Jose, Calif. (AP Photo/Mark Lennihan)
April 18, 2019 - 5:44 pm
SAN FRANCISCO (AP) — There's some tech jubilance in the air on Wall Street and in Silicon Valley as a pair of newly public companies — Zoom and Pinterest — saw their stocks soar on their first trading day. No one wants talk about a bubble, not to mention its prospects for bursting, but the strong...
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FILE - In this photo from Thursday, Dec. 20 2018, Harvey Weinstein arrives at New York Supreme Court for a hearing on his sexual assault case. Both sides in the case want the press and the public barred from the Weinstein's next court appearance on April 26. (AP Photo/Seth Wenig, File)
April 18, 2019 - 5:19 pm
NEW YORK (AP) — A lawsuit seeking to represent any woman with a claim against Harvey Weinstein can proceed on sex-trafficking grounds, a judge ruled Thursday, as he dramatically shrank the scope of an action trying to treat the disgraced movie producer and various companies like a mob organization...
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Senate Majority Leader Mitch McConnell, R-Ky., speaks to reporters at the Capitol in Washington, Tuesday, April 9, 2019. (AP Photo/J. Scott Applewhite)
April 18, 2019 - 1:57 pm
LOUISVILLE, Ky. (AP) — Senate Majority Leader Mitch McConnell said Thursday he plans to introduce legislation to raise the minimum age to buy tobacco products from 18 to 21 nationally, rating the health initiative as one of his top priorities. The Senate leader said his bill will cover all tobacco...
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FILE - In this Nov. 14, 2017, file photo, construction workers build one of the Facebook data center buildings in Los Lunas, N.M. A powerful regulatory authority in New Mexico decided Tuesday, April 16, 2019, it is requiring the state's largest utility to bill Facebook $39 million for the construction of a new transmission line, a move that the social media giant says could affect its long-term operations in the state. (Marla Brose/The Albuquerque Journal via AP, File)
April 18, 2019 - 12:36 pm
ALBUQUERQUE, N.M. (AP) — A powerful New Mexico regulatory authority is requiring the state's largest utility to bill Facebook $39 million for a new transmission line construction for its data center — a move the social media giant says it was not expecting. The Public Regulation Commission's on...
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FILE - In this file photo taken on Monday, Dec. 19, 2016, a client leaves PrivatBank as other clients take money from PrivatBank's cash machine in Kiev, Ukraine. A Ukrainian court has ruled that the 2016 nationalization of the major bank PrivatBank, owned by a powerful tycoon Ihor Kolomoyskyi, was illegal. (AP Photo/Efrem Lukatsky, File)
April 18, 2019 - 9:59 am
KIEV, Ukraine (AP) — A Ukrainian court on Thursday ruled that the 2016 nationalization of a major bank owned by a tycoon was illegal, sending shockwaves through the country's financial community. Privatbank, Ukraine's biggest lender, was nationalized in 2016 after authorities discovered a capital...
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FILE - In this Oct. 11, 2018, file photo, Evan Sharp, Pinterest co-founder and chief product officer, poses for a photo beside a wall of pegs symbolizing the company logo at Pinterest headquarters in San Francisco. Pinterest plans to raise up to approximately $1.47 billion in its initial public offering. The Digital scrapbooking site said in a Monday, April 8, 2019, regulatory filing that the offering includes about 86.3 million shares, priced between $15 and $17 per share. Pinterest is offering 75 million Class A shares. (AP Photo/Ben Margot, File)
April 17, 2019 - 8:01 pm
SAN FRANCISCO (AP) — Pinterest is pricing its shares at $19 for its initial public offering Thursday, putting it on track to raise more than $1.4 billion. The digital scrapbooking and image search site said last week it expected to sell 75 million shares at a price between $15 and $17 each. The...
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