Latest Corporate management News

FILE - In this Aug. 17, 2017 file photo, Emilio Lozoya, former head of Mexico's state-owned oil company Pemex, gives a press conference in Mexico City. On Feb 2020, Spanish police arrested Lozoya in southern Spain. Mexico had been pursuing Lozoya through Europe for months over allegations of an illegal contract while he was at Pemex. (AP Photo/Gustavo Martinez Contreras, File)

Mexico probing alleged bribes in ex-president's campaign

Aug. 11, 2020 4:38 PM EDT

MEXICO CITY (AP) — Mexico’s former president and finance secretary are squarely in the sights of the country’s attorney general, who said Tuesday that his office is investigating the alleged use of bribes to fund a presidential campaign. Attorney General Alejandro Gertz Manero said in a video...

FILE - In this Feb. 5, 2020 file photo, Dhivya Suryadevara, executive vice president and Chief Financial Officer of General Motors, visits the trading floor of the New York Stock Exchange.  Suryadevara is leaving the automaker for the same position at Silicon Valley’s hottest startup, the software and mobile payment company Stripe.  (AP Photo/Richard Drew, File)

Rising star in Detroit departs suddenly for Silicon Valley

Aug. 11, 2020 2:06 PM EDT

SILVER SPRING, Md. (AP) — The chief financial officer at General Motors, Dhivya Suryadevara, is trading Detroit for Silicon Valley in a surprise departure to join Jack Dorsey's startup, Stripe. A rising star in the auto sector, Suryadevara became GM's first female CFO in 2018 at the age of 39, and quickly...

Federal utility board to review CEO pay amid Trump complaint

Aug. 11, 2020 2:06 PM EDT

CHATTANOOGA, Tenn. (AP) — A federal utility’s board plans to review its CEO pay amid ongoing criticism from President Donald Trump, the board's chairman said Monday. Tennessee Valley Authority interim board chairman John Ryder told the Chattanooga Times Free Press the board will look at the...

FILE - In a July 26, 2017 file photo, McDonald's CEO Steve Easterbrook is interviewed at the New York Stock Exchange.  McDonald’s is suing Easterbrook, the former CEO, saying he lied about relationships with employees and destroyed evidence before he was fired from the company in 2019. McDonald’s fired Easterbook last November after he admitted to an improper relationship with an employee, with whom he exchanged videos and text messages.(AP Photo/Richard Drew, File)

McDonald's sues ousted CEO, alleging employee relationships

Aug. 10, 2020 1:52 PM EDT

McDonald’s says it's suing Stephen Easterbrook, the CEO it ousted last year over an inappropriate relationship with an employee, alleging Monday that he covered up relationships with three other employees and destroyed evidence. The company now wants to reclaim millions of dollars in compensation paid to...

Company to develop new rocket fuel in south Mississippi

Aug. 7, 2020 2:14 PM EDT

McHENRY, Miss. (AP) — A south Mississippi county known more for the timber industry is looking to diversify. Adranos Inc. is developing a new generation of rocket fuel and they want to do it in Stone County. “We were looking for a place to go and grow,” company president and CEO Chris...

FILE - In this March 5, 2009 file photo, former National Security Adviser Brent Scowcroft testifies on Capitol Hill in Washington. A longtime adviser to Presidents Gerald Ford and George H.W. Bush has died. Brent Scowcroft was 95. A spokesperson for the late President Bush says Scowcroft died Thursday of natural causes at his home in Falls Church, Virginia.  (AP Photo/Harry Hamburg)

Ford, Bush presidential adviser Brent Scowcroft dies at 95

Aug. 7, 2020 12:51 PM EDT

WASHINGTON (AP) — Brent Scowcroft, who played a prominent role in American foreign policy as national security adviser to Presidents Gerald Ford and George H.W. Bush and was a Republican voice against the 2003 invasion of Iraq, has died, a Bush spokesperson said Friday. He was 95. Scowcroft died Thursday...

Former U.S. Ambassador to Japan Bill Hagerty speaks at a polling place Thursday, Aug. 6, 2020, in Brentwood, Tenn. Hagerty and Dr. Manny Sethi are competing to become the GOP nominee in the race to replace retiring Republican Sen. Lamar Alexander. (AP Photo/Mark Humphrey)

Hagerty vs. Bradshaw in race to succeed US Sen. Alexander

Aug. 7, 2020 7:29 AM EDT

NASHVILLE, Tenn. (AP) — The race to succeed retiring U.S. Sen. Lamar Alexander in November will feature a matchup between a Republican candidate endorsed by President Donald Trump and a Black activist who pulled off an astonishing upset victory over the Democratic establishment's choice — with a...

Cemetery workers bury 65-year-old Maria Joana Nascimento, whose family members, behind, suspect died of COVID-19, at Vila Formosa cemetery in Sao Paulo, Brazil, Thursday, Aug. 6, 2020. Brazil is nearing 3 million cases of COVID-19 and 100,000 deaths. (AP Photo/Andre Penner)

The Latest: UN says cybercrime hindering pandemic response

Aug. 7, 2020 12:00 AM EDT

UNITED NATIONS — The United Nations’ counterterrorism chief says a 350% increase in phishing websites was reported in the first quarter of the year and many of them targeted hospitals and health care systems, hindering their response to the coronavirus pandemic. Vladimir Voronkov told the U.N....

Ohio Governor Mike DeWine, left, and his wife Fran, walk into their residence after he tested positive for COVID-19 earlier in the day Thursday, Aug. 6, 2020, in Bexley, Ohio. (AP Photo/Jay LaPrete)

DeWine tests negative after positive test before Trump visit

Aug. 6, 2020 11:01 PM EDT

COLUMBUS, Ohio (AP) — Ohio Gov. Mike DeWine tested negative for COVID-19 on Thursday after testing positive earlier in the day before he was to meet with President Donald Trump, according to a statement from his office. His wife, Fran DeWine, also tested negative, as did staff members. They underwent a...

President Donald Trump speaks during an event at the Whirlpool Corporation facility in Clyde, Ohio, Thursday, Aug. 6, 2020. Trump is in Ohio to promote the economic prosperity that much of the nation enjoyed before the coronavirus pandemic and try to make the case that he is best suited to rebuild a crippled economy. (AP Photo/Susan Walsh)

Playing electoral defense, Trump claims Biden opposes God

Aug. 6, 2020 10:08 PM EDT

CLEVELAND (AP) — President Donald Trump billed his trip to Ohio Thursday as a chance to promote economic recovery, but he quickly pivoted to a deeply personal attack on Joe Biden, even questioning without foundation the former vice president's faith in God. Even for a president known for his blunt...