Corporate news

FILE - In this March 11, 2019, file photo Sotheby's Chairman Domenico De Sole, second from right, is applauded by CEO Tad Smith, right, and others as he rings the New York Stock Exchange opening bell to celebrate the company's 275th anniversary. BidFair USA is taking auction house Sotheby's private in a deal valued at $3.7 billion. BidFair USA will pay $57 per share, which is a 61% premium to the company's closing stock price. (AP Photo/Richard Drew, File)
June 17, 2019 - 10:01 am
NEW YORK (AP) — Billionaire entrepreneur and art collector Patrick Drahi is taking auction house Sotheby's private in a deal valued at $3.7 billion. Drahi, through his BidFair USA company, will pay $57 per share, which is a 61% premium to the company's Friday closing stock price. "This acquisition...
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FILE- In this Nov. 16, 2018, photo an assembly line worker packages items from an online order to be shipped out of a Target store in Edison, N.J. Target is offering same-day delivery on thousands of items for $9.99 per order through a delivery startup it purchased nearly two years ago. (AP Photo/Julio Cortez, File)
June 13, 2019 - 9:09 am
NEW YORK (AP) — How much would you be willing to pay to get those diapers within an hour or so? In the latest salvo in the delivery wars, Target is offering same-day delivery on thousands of items for $9.99 per order through a delivery startup it purchased nearly two years ago Until now, Target...
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FILE - In this Nov. 17, 2008, file photo, designer Kate Spade attends the CFDA/Vogue Fashion Fund finalists event in New York. A year after Spade took her own life, the foundation that bears her name announced Wednesday, June 5, 2019, the completion of a $1 million pledge to support mental health services. (AP Photo/Evan Agostini, File)
June 05, 2019 - 8:00 am
NEW YORK (AP) — A year after Kate Spade took her own life, the foundation that bears her name has announced the completion of a $1 million pledge to support mental health services. The Kate Spade New York Foundation said in a statement Wednesday it is donating $200,000 to The Jed Foundation, which...
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FILE - In this March 26, 2019, file photo, a baggage handler waits for luggage to arrive to sort and deliver to passengers at Dulles International Airport in Dulles, Va. The Transportation Security Administration has changed its cannabis policy to allow passengers to travel with some forms of CBD oil and a drug derived from marijuana that has been approved by the Food and Drug Administration. (AP Photo/Cliff Owen, File)
May 28, 2019 - 6:59 pm
WASHINGTON (AP) — The Transportation Security Administration has changed its cannabis policy to allow passengers to travel with some forms of CBD oil and a drug derived from marijuana that has been approved by the Food and Drug Administration. All forms of marijuana were previously prohibited in...
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An issue of Sports Illustrated is displayed on a newsstand, Tuesday, May 28, 2019 in New York. Authentic Brands Group, which manages retail names like Juicy Couture and Nautica, is buying the sports magazine for $110 million. (AP Photo/Mark Lennihan)
May 28, 2019 - 2:39 pm
NEW YORK (AP) — Sports Illustrated magazine has been sold for $110 million to a company that specializes in managing fashion, entertainment and sports brands, including marketing rights to Shaquille O'Neal and Muhammad Ali. The seller, Meredith Corp., will continue running the print edition and the...
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Senate Majority Leader Mitch McConnell, R-Ky., listens as Sen. John Barrasso, R-Wyo., speaks during a news conference at the Capitol in Washington, Tuesday, May 14, 2019. (AP Photo/J. Scott Applewhite)
May 20, 2019 - 4:13 pm
WASHINGTON (AP) — Senate Majority Leader Mitch McConnell, whose home state of Kentucky was long one of the nation's leading tobacco producers, introduced bipartisan legislation Monday to raise the minimum age for buying any tobacco products from 18 to 21. The chamber's top Republican, who said he...
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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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FILE - In this Wednesday, Dec. 21, 2016 file photo, a lawyer holds a battery that was removed from a toddler's esophagus at a news conference in Jacksonville, Fla. A study published Friday, April 12, 2019 in the journal Pediatrics found a sharp increase in emergency room visits involving swallowed objects by kids under age 6. (Bruce Lipsky/The Florida Times-Union via AP)
April 11, 2019 - 11:52 pm
CHICAGO (AP) — The number of young kids who went to U.S. emergency rooms because they swallowed toys, coins, batteries and other objects has more than doubled, a new study says. In 2015, there were nearly 43,000 such visits among kids under 6, compared with 22,000 in 1995, according to the study...
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FILE - In this Aug. 8, 2017, file photo, The Walt Disney Co. logo appears on a screen above the floor of the New York Stock Exchange. On Thursday, April 11, Disney is unveiling details of its long-awaited streaming service Disney Plus. (AP Photo/Richard Drew, File)
April 11, 2019 - 8:35 pm
SAN FRANCISCO (AP) — Disney raised the curtain on a hotly anticipated video steaming service that's aiming to topple industry pioneer Netflix, once a valuable ally of the Magic Kingdom. The service, called Disney Plus, has been in the works for more than year, but Thursday marked the first time...
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FILE - In this June 4, 2018 file photo, Apple CEO Tim Cook speaks during an announcement of new products at the Apple Worldwide Developers Conference in San Jose, Calif. Apple is expected to announce Monday, March 25, 2019, that it’s launching a video service that could compete with Netflix, Amazon and cable TV itself. (AP Photo/Marcio Jose Sanchez, File)
March 25, 2019 - 1:37 pm
Apple is expected to announce Monday that it's launching a video service that could compete with Netflix, Amazon and cable TV itself. It's a long-awaited attempt from the iPhone maker, several years after Netflix turned "binge watching" into a worldwide phenomenon. The new video service is expected...
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