Latest Asset sales News

FILE - In this Jan. 14, 2020, file photo, signs are posted outside of a house was occupied by the group Moms 4 Housing in Oakland, Calif. The mayor of Berkeley is proposing a new housing policy law Thursday, Feb. 20, 2020, aimed at giving renters first dibs when a property goes up for sale as the state battles a severe housing shortage and homeless crisis that Gov. Gavin Newsom has declared his top priority. (AP Photo/Jeff Chiu, File)

Housing crisis: Berkeley law would put renters first

Feb. 20, 2020 9:20 PM EST

SAN FRANCISCO (AP) — The mayor of Berkeley, California, proposed a new housing policy Thursday aimed at giving renters first dibs when a property goes up for sale, as the state battles a severe housing shortage and homelessness that Gov. Gavin Newsom has declared his top priority. Berkeley Mayor Jesse...

FILE - In this Oct. 14, 2014, file photo, Carlos Rafael talks on the phone at Homer's Wharf near his herring boat F/V Voyager in New Bedford, Mass. A Massachusetts company is slated to acquire in 2020 what's left of the boats once owned by Rafael, who was forced out of the industry after an elaborate fraud. The fishing magnate, known as the Codfather, was sentenced in 2017 to nearly four years in prison after pleading guilty to evading fishing quotas and smuggling money to Portugal. (John Sladewski/Standard Times via AP, File)

Fishmonger's finale: The Codfather's boats are sold

Feb. 20, 2020 12:37 PM EST

Most of what's left of the boats owned by a fishing magnate known as the Codfather, who was forced out of the industry after committing an elaborate fraud, have been acquired by a Massachusetts company, it said Thursday. Blue Harvest, a fishing and processing company in New Bedford, announced it has reached an...

Montana regulators shield power company's coal contract

Feb. 19, 2020 2:56 PM EST

HELENA, Mont. (AP) — Utility regulators have agreed to shield details of a coal supply contract for the Colstrip Power Plant in southeastern Montana for now. The Montana Public Service Commission voted Tuesday in favor of a request from NorthWestern Energy, which argued the agreement contains trade secrets...

Review: Chains, trade group members win pot licenses in Mo.

Feb. 19, 2020 1:44 PM EST

ST. LOUIS (AP) — Some of the biggest out-of-state marijuana chains and board members of a pot-related trade group in Missouri were among the top recipients of medical marijuana licenses in the state, according to a newspaper's review of records. The St. Louis Post-Dispatch reviewed records and business...

Democratic presidential candidate Mike Bloomberg speaks during a campaign event at Hardywood Park Craft Brewery in Richmond, Va., Saturday, Feb. 15, 2020. (James H. Wallace/Richmond Times-Dispatch via AP)

Bloomberg would sell business interests if elected president

Feb. 19, 2020 6:47 AM EST

SACRAMENTO, Calif. (AP) — Mike Bloomberg would sell the financial data and media company he created in the 1980s — which bears his name and made him a multibillionaire — if he is elected U.S. president, a top adviser said Tuesday. Bloomberg would put Bloomberg LP into a blind trust, and the...

Democratic presidential candidate and former New York City Mayor Michael Bloomberg speaks during a campaign rally at the Buffalo Soldier Museum in Houston, Thursday, Feb. 13, 2020. Houston Mayor Sylvester Turner stands at right. (Elizabeth Conley/Houston Chronicle via AP)

Bloomberg would sell business interests if elected president

Feb. 18, 2020 9:10 PM EST

SACRAMENTO, Calif. (AP) — Mike Bloomberg would sell the financial data and media company he created in the 1980s — which bears his name and made him a multibillionaire — if he is elected U.S. president, a top adviser said Tuesday. Bloomberg would put Bloomberg LP into a blind trust, and the...

Oil workers march during a protest against layoffs at state oil company Petrobras in Rio de Janeiro, Brazil, Tuesday, Feb. 18, 2020. Brazilian oil workers and oil giant Petrobras were locked in a power struggle Tuesday over the company's privatization plans, with the union saying thousands of employees are on an indefinite strike. (AP Photo/Silvia Izquierdo)

Brazil oil workers clash with Petrobras in 18-day strike

Feb. 18, 2020 6:34 PM EST

RIO DE JANEIRO (AP) — Brazilian oil workers and oil giant Petrobras are locked in a power struggle over plans to shift focus away from non-core assets, with a federation of unions saying on Tuesday that thousands of employees are on strike indefinitely. Roughly one thousand people gathered outside the...

Traders gather at the post of Specialist Anthony Matesic, background center, on the floor of the New York Stock Exchange, Tuesday, Feb. 18, 2020. Stocks are opening lower on Wall Street after Apple said it would fail to meet its revenue forecast for the current quarter due to the impact of the virus outbreak in China. (AP Photo/Richard Drew)

Franklin Resources buying Legg Mason for $4.5 billion

Feb. 18, 2020 11:15 AM EST

SAN MATEO, Calif. (AP) — Franklin Resources is buyingrival investment managerLegg Mason for $4.5 billion, the latest shakeup in an industry grappling with customers who continue to clamor for lower fees. Franklin Resources Inc., which operates as Franklin Templeton, said Tuesday that it will pay $50in cash...

FILE - In this Feb. 19, 2017, file photo, Wei Jianjun, chairman of Great Wall Motors Ltd., gestures as he speaks during an event celebrating it sales passing the one million mark, at the Great Wall headquarters in Baoding in north China's Hebei province. General Motors decision to pull out of Australia, New Zealand and Thailand as part of a strategy to exit markets that don't produce adequate returns on investments raised dismay Monday, Feb. 17, 2020 from officials concerned over job losses.  The words behind reads

GM plans to pull out of Australia, New Zealand and Thailand

Feb. 17, 2020 7:29 AM EST

DETROIT (AP) — General Motors decision to pull out of Australia, New Zealand and Thailand as part of a strategy to exit markets that don't produce adequate returns on investments raised dismay Monday from officials concerned over job losses. The company said in a statement Sunday that it plans to wind...

This April 11, 2015, photo provided by EcoFlight shows the White Mesa Uranium Mill near Blanding in southeastern Utah. The Trump administration is asking Congress for $1.5 billion over 10 years to build up a U.S. uranium stockpile, saying it wants to break an over-reliance on foreign uranium that undermines U.S. energy security. The White Mesa facility is one of the sites where production could be ramped up under the proposal. (Dom Smith/EcoFlight via AP)

Trump's $1.5B uranium bailout triggers rush of mining plans

Feb. 14, 2020 11:20 PM EST

SALT LAKE CITY (AP) — President Donald Trump's $1.5 billion proposal to prop up the country's nuclear fuel industry has emboldened at least one company to take steps toward boosting operations at dormant uranium mines around the West, including outside Grand Canyon National Park. The company, Canada-based...