Corporate news

Johnson & Johnson baby powder
Johnson & Johnson via AP
Associated Press
October 29, 2019 - 7:51 pm
WASHINGTON (AP) — Johnson & Johnson said Tuesday that new testing of a batch of baby powder that was recently recalled did not show any traces of asbestos. Earlier this month the company recalled 33,000 bottles of its talc powder after Food and Drug Administration testing revealed trace amounts...
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FILE - This Feb. 20, 2018, file photo shows the Grubhub app on an iPhone in Chicago. Shares in GrubHub are down more than 30% before the opening bell on Tuesday, Oct. 29, 2019, after it sharply cut its revenue expectations for the year and warned of intense competition. (AP Photo/Charles Rex Arbogast, File)
Associated Press
October 29, 2019 - 5:12 pm
NEW YORK (AP) — Shares in Grubhub plunged 43% Tuesday after it sharply cut its revenue expectations for the year and warned of intense competition. The steep decline in share price wiped away more than $2.3 billion of the company's stock market valuation. It is the worst single-day decline for...
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FILE - In this April 29, 2019, file pool photo Boeing Chief Executive Dennis Muilenburg speaks at a news conference after company's annual shareholders meeting at the Field Museum in Chicago. Muilenburg says that after Boeing finishes upgrading flight-control software on the Max, it will be one of the safest planes ever. Muilenburg is scheduled to testify Tuesday, Oct. 29, before a Senate committee, then again on Wednesday before a House panel. (Joshua Lott/The Washington Post via AP, Pool, File)
Associated Press
October 28, 2019 - 6:29 pm
On the anniversary of the first of two deadly crashes involving Boeing 737 Max jets, the CEO will tell Congress that the aircraft company knows it made mistakes and is throwing everything into fixing the plane. "We have learned and are still learning from these accidents," Dennis Muilenburg said,...
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FILE - In this May 22, 2017 file photo, a gift box from Tiffany & Co. is arranged for a photo in Surfside, Fla. In a statement released Monday Oct. 28, 2019, French luxury group LVMH confirmed that it has held preliminary discussions to purchase U.S. jeweler Tiffany & Co. (AP Photo/Wilfredo Lee, File)
Associated Press
October 28, 2019 - 9:37 am
PARIS (AP) — French luxury group LVMH is making a play for the iconic blue box. The conglomerate said Monday it has offered to buy Tiffany & Co. for $14.5 billion in cash, sending shares in the New York jeweler soaring. The purchase would add another household name to LVMH's plethora of upscale...
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FILE - This April 12, 2016 file photo shows the Microsoft logo in Issy-les-Moulineaux, outside Paris, France. The Pentagon has awarded Microsoft a $10 billion cloud computing contract called JEDI, Friday, Oct. 25, 2019. The contentious bidding process for the contract pitted Microsoft, Amazon and Oracle, among others, against one another. (AP Photo/Michel Euler, File)
Associated Press
October 25, 2019 - 8:05 pm
SAN FRANCISCO (AP) — The Pentagon awarded Microsoft a $10 billion cloud computing contract , snubbing early front-runner Amazon, whose competitive bid drew criticism from President Donald Trump and its business rivals. Bidding for the huge project, known as Joint Enterprise Defense Infrastructure,...
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FILE - In this Thursday, Oct. 24, 2019 file photo, United Auto Worker Lindsey Higgins, exits the the UAW Local 2250 Ken Worley Hall with her two children after voting on the offer made to union workers by General Motors in Wentzville, Mo. General Motors workers voted 57.2% in favor of a new contract with the company, bringing an immediate end to a contentious a 40-day strike that paralyzed GM's U.S. factories, Friday, Oct. 25, 2019. (Laurie Skrivan/St. Louis Post-Dispatch via AP, File)
Associated Press
October 25, 2019 - 5:37 pm
ROMULUS, Mich. (AP) — A contentious 40-day strike that crippled General Motors' U.S. production came to an end Friday as workers approved a new contract with the company. The four-year deal will now be used as a template in bargaining with crosstown rival Ford Motor Co., the union's choice for the...
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George’s Prepared Foods, a Caryville, Tenn. establishment, is recalling approximately 6,444 pounds of ready-to-eat pork sausage patty and turkey sausage patty products that may be contaminated with Salmonella.
USDA
Associated Press
October 21, 2019 - 6:28 am
CARYVILLE, Tenn. (AP) — The U.S. Department of Agriculture says more than 6,000 pounds of frozen sausage patties manufactured in Tennessee have been recalled over concerns they may be contaminated with salmonella. A Food Safety and Inspection Service statement released Friday says the ready-to-eat...
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A commuter airplane has crashed near the airport in a small Alaska community on the Bering Sea, Thursday, Oct. 17, 2019, in Unalaska, Alaska. Freelance photographer Jim Paulin says the crash at the Unalaska airport occurred Thursday after 5 p.m. Paulin says the Peninsula Airways flight from Anchorage to Dutch Harbor landed about 500 feet (152 meters) beyond the airport near the water. (Jim Paulin via AP)
Associated Press
October 18, 2019 - 9:21 pm
JUNEAU, Alaska (AP) — One person died after a commuter airplane went off the end of a runway while landing at an airport in the remote Aleutian Islands fishing community of Unalaska, authorities said Friday. Alaska State Troopers identified the victim as David Allan Oltman, 38, of Washington state...
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Michael McKinley, right, the top aide to Secretary of State Mike Pompeo, arrives for a joint interview with the House Committee on Foreign Affairs, House Permanent Select Committee on Intelligence, and House Committee on Oversight and Reform on Capitol Hill in Washington, Wednesday, Oct. 16, 2019. (AP Photo/Susan Walsh)
Associated Press
October 16, 2019 - 6:23 pm
WASHINGTON (AP) — The swift-moving impeachment probe pushed onward Wednesday as a former top State Department aide testified that the Trump administration's politicization of foreign policy contributed to his resignation, while the Senate GOP leader briefed colleagues on a possible Christmas...
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James Cooke is shown buying water bottles along with propane tanks and batteries at a ACE Hardware store as he prepares for a possible power shutdown in Los Gatos, Calif., on Tuesday, Oct. 8, 2019. Millions of people were poised to lose electricity throughout northern and central California after Pacific Gas & Electric Co. announced Tuesday it would shut off power in the largest preventive outage in state history to try to avert wildfires caused by faulty lines. (Anda Chu/San Jose Mercury News via AP)
Associated Press
October 08, 2019 - 9:04 pm
SAN FRANCISCO (AP) — Millions of people were poised to lose electricity throughout northern and central California after Pacific Gas & Electric Co. announced Tuesday it would shut off power in the largest preventive outage in state history to try to avert wildfires caused by faulty lines. PG...
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