Latest Corporate News

Twitter co-founder Jack Dorsey stepping down as CEO

Nov. 29, 2021 11:27 AM EST

Twitter co-founder Jack Dorsey will step down as CEO of the social media platform, the company announced. He will be succeeded by Twitter's current Chief Technology Officer Parag Agrawal. Dorsey will remain on the board until his term expires in 2022. ...

Biden pushes shots, not more restrictions as variant spreads

Nov. 29, 2021 10:13 AM EST

WASHINGTON (AP) — President Joe Biden will urge Americans to get vaccinated including booster shots as he seeks to quell concerns Monday over the new COVID-19 variant omicron, but he won't immediately push for more restrictions to stop its spread, his chief medical adviser said. ...

Editorial Roundup: Texas

Nov. 29, 2021 10:02 AM EST

Houston Chronicle. Nov. 28, 2021. Editorial: Resign, Craddick and Christian. Regulators misled about winter storm and failed to prevent another Nine months ago, Wayne Christian was standing in his dark house, wearing three layers of coats to keep...

Editorial Roundup: Ohio

Nov. 29, 2021 09:03 AM EST

Cleveland Plain Dealer. Nov. 28, 2021. Editorial: Rocketing food costs are also harming the hunger safety net Eye-popping food price increases this fall, notably for meats, have taken a toll on many household budgets, especially for Thanksgiving. But...

Carmaker Stellantis secures supply of battery-grade lithium

Nov. 29, 2021 06:58 AM EST

MILAN (AP) — The carmaker Stellantis said Monday that it has secured a five-year supply of battery-grade lithium hydroxide in Europe to support its plans to convert to 98% electrified vehicles by 2025. Stellantis, the company that combined PSA Peugeot and Fiat...

Maine salmon advocacy group gets grant to improve hatchery

Nov. 29, 2021 04:12 AM EST

EAST MACHIAS, Maine (AP) — A salmon advocacy group in rural Maine is getting help from the federal government to make improvements to a fish hatchery and office building. The Downeast Salmon Federation operates the facility in East Machias. The group advocates for...

Nissan investing in electric vehicles, battery development

Nov. 29, 2021 03:34 AM EST

TOKYO (AP) — Nissan said Monday it is investing 2 trillion yen ($17.6 billion) over the next five years and developing a cheaper, more powerful battery to boost its electric vehicle lineup. The Japanese automaker's chief executive, Makoto Uchida, said 15 new electric...

Inside the 'big wave' of misinformation targeted at Latinos

Nov. 29, 2021 00:09 AM EST

WASHINGTON (AP) — Before last year's presidential election, Facebook ads targeting Latino voters described Joe Biden as a communist. During his inauguration, another conspiracy theory spread online and on Spanish-language radio warning that a brooch worn by Lady Gaga signaled Biden was...

Lee Enterprises tries to ward off hostile takeover by Alden

Nov. 28, 2021 15:52 PM EST

DAVENPORT, Iowa (AP) — The Lee Enterprises newspaper chain has adopted a “poison-pill” plan to protect itself from a hostile takeover while the company's board considers an unsolicited offer from hedge fund Alden Global Capital. The shareholder rights plan would...

Mexican regulators approve $31 billion railroad merger deal

Nov. 28, 2021 15:25 PM EST

KANSAS CITY, Mo. (AP) — Mexican regulators have approved Canadian Pacific's $31 billion plan to acquire Kansas City Southern and create a railroad linking Mexico, Canada and the United States. The deal could close as soon as mid-December if shareholders of both...