Latest Corporate management News

Trump's Constitution remarks put McConnell, GOP on defense

Dec. 06, 2022 21:59 PM EST

WASHINGTON (AP) — Senate Republican leader Mitch McConnell delivered another rebuke of former President Donald Trump on Tuesday, saying that anyone who thinks the Constitution can be suspended would have a “very hard time” becoming president in the United States. The comment...

Mississippi grain company's ex-CEO indicted on fraud charges

Dec. 06, 2022 19:08 PM EST

GREENVILLE, Miss. (AP) — The former leader of a Mississippi grain storage and processing company has been indicted on federal and state charges, more than a year after the company filed for bankruptcy, prosecutors said Tuesday. John R. Coleman, 46, of Greenwood, Mississippi, is the...

Judge reduces award for flight attendant who sued Southwest

Dec. 06, 2022 18:47 PM EST

DALLAS (AP) — A federal judge cut a flight attendant’s $5.1 million jury award to about $800,000 but ordered Southwest Airlines to rehire the woman, who had claimed that the airline and her union conspired to fire her for expressing opposition to abortion. U.S. District Judge...

Donald Trump’s company found guilty of tax fraud in scheme hatched by top executives

Dec. 06, 2022 16:03 PM EST
NEW YORK (AP) — Donald Trump’s company found guilty of tax fraud in scheme hatched by top executives.

Amazon CEO says company won't take down antisemitic film

Dec. 01, 2022 16:55 PM EST

NEW YORK (AP) — Amazon CEO Andy Jassy said Wednesday the company does not have plans to stop selling the antisemitic film that gained notoriety recently after Brooklyn Nets guard Kyrie Irving tweeted out an Amazon link to it. Pressure has been mounting on Amazon to discontinue...

Chicago Fed names ex-Obama adviser Goolsbee as next leader

Dec. 01, 2022 15:59 PM EST

WASHINGTON (AP) — Austan Goolsbee, who was a top economic adviser to President Barack Obama, has been chosen as the next president of the Federal Reserve Bank of Chicago, the regional Fed bank announced Thursday. Goolsbee, 53, an economics professor at the University of Chicago...

US rule would limit methane leaks from public lands drilling

Nov. 28, 2022 19:00 PM EST

WASHINGTON (AP) — The Interior Department on Monday proposed rules to limit methane leaks from oil and gas drilling on public lands, the latest action by the Biden administration to crack down on emissions of methane, a potent greenhouse gas that contributes significantly to global warming. ...

Shutterfly CEO sees 'choppy' times through her economic lens

Nov. 28, 2022 08:11 AM EST

SAN FRANCISCO (AP) — While other technology companies lay off workers and try to cut other costs amid a post-pandemic comedown, Shutterfly CEO Hilary Schneider is gearing up for a busy holiday season. Orders are pouring in for the digital photo and printing company's photo books, which capture...

Editorial Roundup: United States

Nov. 23, 2022 11:59 AM EST

Excerpts from recent editorials in the United States and abroad: Nov. 16 The Washington Post on post-FTX cryptocurrency: The supposedly responsible face of cryptocurrency turns out to have been anything but punctilious in his dealings — which should be...

Prosecution rests in Trump Organization tax fraud case

Nov. 21, 2022 17:26 PM EST

NEW YORK (AP) — Prosecutors in the Trump Organization's criminal tax fraud trial rested their case Monday earlier than expected, pinning hopes for convicting Donald Trump’s company largely on the word of two top executives who cut deals before testifying that they schemed to avoid taxes on...