Latest Corporate management News
Spicy dispute over the origins of Flamin' Hot Cheetos winds up in court
A court case could soon settle a spicy dispute: Who invented Flamin' Hot Cheetos? A former PepsiCo executive is suing the company, saying it destroyed his career after questioning his claim that he invented the popular flavor of Cheetos snacks. PepsiCo said Thursday it...
Chinese officials warn of risks from higher US tariffs, urge US business leaders to help mend ties
BANGKOK (AP) — Chinese officials warned a delegation of top U.S. executives visiting Beijing this week that higher tariffs on imports from China will harm their businesses inside the country. The delegation of influential business people belonging to the U.S. China Business...
US-Russian journalist convicted in a rapid, secret trial, gets 6 1/2 years in prison, court says
A court has convicted Alsu Kurmasheva, a Russian-American journalist for the U.S. government-funded Radio Free Europe/Radio Liberty, of spreading false information about the Russian army and sentenced her to 6½ years in prison after a secret trial, court records and officials said Monday. ...
Who are some of the Americans behind bars in Russia, and what are the prospects for their release?
TALLINN, Estonia (AP) — Arrests of Americans in Russia have become increasingly common with relations sinking to Cold War lows. U.S. citizens jailed on various charges in the country include a vacationing corporate security executive and a dual national visiting her family in...
Amazon says this year's Prime Day was its biggest ever
NEW YORK (AP) — Amazon saw record sales for Prime Day this week as Prime members purchased more items than ever before, the company announced Thursday. The Seattle e-commerce giant, which does not disclose how much it earns during the popular discount event, also said...
Cass: Q2 Earnings Snapshot
ST. LOUIS (AP) — ST. LOUIS (AP) — Cass Information Systems Inc. (CASS) on Thursday reported second-quarter net income of $4.5 million. The St. Louis-based company said it had profit of 32 cents per share. The invoice and payment management company posted revenue of...
President Joe Biden tests positive for COVID-19 while campaigning in Las Vegas, has 'mild symptoms'
LAS VEGAS (AP) — President Joe Biden tested positive for COVID-19 while traveling Wednesday in Las Vegas and is experiencing “mild symptoms” including “general malaise” from the infection, the White House said. Press secretary Karine Jean-Pierre said Biden will fly to his...
Five Below's CEO and president steps down amid weak sales
NEW YORK (AP) — Five Below said Tuesday that its CEO and President Joel Anderson has stepped down amid languishing sales at the discount retailer catering to teens. The Philadelphia-based company, which has been wrestling with slower spending by its lower-income shoppers and...
Today in History: July 14, the storming of the Bastille
Today in History Today is Sunday, July 14, the 196th day of 2024. There are 170 days left in the year. Today’s Highlight in History: On July 14, 1789, in an event symbolizing the start of the French Revolution, citizens of Paris stormed the Bastille prison and...
Destination Paris: American gymnast Frederick Richard wants to bring his sport to the masses
ANN ARBOR, Michigan (AP) — Editor’s note: Olympic athletes competing in the marquee sports of gymnastics, swimming and track and field train for one shot at gold every four years with little margin for error. The Associated Press followed several of those athletes during their preparations for...
