Corporate news

From left; Boeing Commercial Airplanes president and CEO Stanley A. Deal, Air Astana chief planning officer Alma Aliguzhinova and Air Astana chief operating officer Anthony Regan pose after a news conference at the Dubai Airshow in Dubai, United Arab Emirates, Tuesday, Nov. 19, 2019. Kazakhstan's national carrier Air Astana announced Tuesday a letter of intent to purchase 30 of Boeing's 737-8 Max jets for its new budget airliner FlyArystan. (AP Photo/Jon Gambrell)
Associated Press
November 19, 2019 - 10:28 am
DUBAI, United Arab Emirates (AP) — Boeing’s 737 Max jet got another boost at the Dubai Airshow on Tuesday, this time with an order from Kazakhstan’s newly-launched budget carrier as the Chicago-based company works to try and win U.S. regulatory approval to get the airplane back in the sky by early...
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In this combination photo, Wade Robson, left, and James Safechuck pose for a portrait to promote the film "Leaving Neverland" during the Sundance Film Festival in Park City, Utah on Jan. 24, 2019. A California appeals court is strongly inclined to give new life to lawsuits filed by Robson and James Safechuck who accuse Michael Jackson of molesting them when they were boys. In a tentative ruling Monday, the 2nd District Court of Appeal said lawsuits from the men should be reconsidered by the trial court that dismissed them in 2017. The decision is based on a new California law that gives sex abuse victims far longer to sue. (Photo by Taylor Jewell/Invision/AP)
Associated Press
November 18, 2019 - 5:37 pm
LOS ANGELES (AP) — A California appeals court appeared strongly inclined Monday to give new life to lawsuits filed by two men who accuse Michael Jackson of repeatedly molesting them when they were boys. Three judges from the 2nd District Court of Appeal said in a tentative ruling that lawsuits from...
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FILE - In this Wednesday, July 26, 2017, file photo, McDonald's CEO Steve Easterbrook is interviewed at the New York Stock Exchange. McDonald's said Sunday, Nov. 3, 2019, that Easterbrook has stepped down after violating company policy by engaging in a consensual relationship with an employee. (AP Photo/Richard Drew, File)
Associated Press
November 05, 2019 - 5:51 am
NEW YORK (AP) — Workplace couples are often romanticized — think Bill and Melinda Gates or Michelle and Barack Obama. But when the relationship involves two people with unequal power, it can also be fraught with peril, especially in the #MeToo era. McDonald's CEO Steve Easterbrook is only the...
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FILE - In this Wednesday, July 26, 2017, file photo, McDonald's CEO Steve Easterbrook is interviewed at the New York Stock Exchange. McDonald's said Sunday, Nov. 3, 2019, that Easterbrook has stepped down after violating company policy by engaging in a consensual relationship with an employee. (AP Photo/Richard Drew, File)
Associated Press
November 04, 2019 - 12:03 pm
CHICAGO (AP) — McDonald's has lost another top executive. The Chicago-based burger giant confirmed Monday that Chief People Officer David Fairhurst has left the company, effective immediately. McDonald's wouldn't say whether Fairhurst's departure was connected to the firing of CEO Steve Easterbrook...
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FILE - In this Wednesday, July 26, 2017, file photo, McDonald's CEO Steve Easterbrook is interviewed at the New York Stock Exchange. McDonald's said Sunday, Nov. 3, 2019, that Easterbrook has stepped down after violating company policy by engaging in a consensual relationship with an employee. (AP Photo/Richard Drew, File)
Associated Press
November 04, 2019 - 1:18 am
NEW YORK (AP) — McDonald's chief executive officer has been pushed out of the company after violating company policy by engaging in a consensual relationship with an employee, the corporation said Sunday. The fast food giant said former president and CEO Steve Easterbrook demonstrated poor judgment...
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FILE - This Sept, 2004, file photo shows Gert Boyle at the company's headquarters in Beaverton, Ore. Boyle, the colorful chairwoman of Columbia Sportswear Co. who starred in ads proclaiming her as "One Tough Mother," died Sunday, Nov. 3, 2019. She was 95. (Stephanie Yao/The Oregonian via AP, File)
Associated Press
November 03, 2019 - 5:43 pm
PORTLAND, Ore. (AP) — Gert Boyle, the colorful chairwoman of Oregon-based Columbia Sportswear Co. who starred in ads proclaiming her as "One Tough Mother," died Sunday. She was 95. Company spokeswoman Mary Ellen Glynn did not disclose the cause of death. Boyle, who was chairwoman of the company...
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FILE - This May 14, 2014 file photo shows an AT&T logo on a store in Dedham, Mass. AT&T planned to announce details of its upcoming streaming service on Tuesday, Oct. 29, 2019. (AP Photo/Steven Senne, File)
Associated Press
October 30, 2019 - 3:27 am
AT&T says its HBO Max streaming service will launch in May for $15 a month, joining a crowded field of would-be rivals to Netflix. That's the same price as HBO Now, the current HBO streaming service for people who don't get the cable channel. Company officials expect existing HBO customers,...
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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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