Latest Corporate management News

Today in History

Jul. 8, 2020 12:00 AM EDT

Today in History Today is Wednesday, July 8, the 190th day of 2020. There are 176 days left in the year. Today’s Highlight in History: On July 8, 2000, Venus Williams beat Lindsay Davenport 6-3, 7-6 (3) for her first Grand Slam title, becoming the first Black female champion at Wimbledon since Althea...

Pence, Biden to hit Pennsylvania campaign trail on same day

Jul. 7, 2020 6:37 PM EDT

HARRISBURG, Pa. (AP) — Former Vice President Joe Biden will campaign in Pennsylvania on Thursday, the same day that his successor, Mike Pence, will make several stops in the premier presidential battleground state. The men are working the campaign trail in Pennsylvania with fewer than four months until the...

Zimbabwe's Health minister, Obadiah Moyo, arrives at court in Harare, Saturday June 20, 2020. Moyo is facing allegations of illegally awarding a multi- million dollar contract for COVID-19 testing kits, drugs and personal protective equipment to a shadowy company. (AP Photo/Tsvangirayi Mukwazhi)

Zimbabwe's health minister fired over COVID-19 graft scandal

Jul. 7, 2020 2:26 PM EDT

HARARE, Zimbabwe (AP) — Zimbabwe's health minister has been fired for inappropriate conduct after he was accused of illegally awarding a multi-million-dollar contract for COVID-19 medical supplies to a shadowy company that sold the government $28 face masks and other materials at inflated prices. A...

FILE - In this May 14, 2020, file photo, California Gov. Gavin Newsom discusses his revised 2020-2021 state budget during a news conference in Sacramento, Calif. Newsom and some of the state's legislative leaders were among the millions to score federal loans aimed to keep small businesses afloat during the pandemic A Northern California-based winery and hospitality company, PlumpJack, founded by Newsom received a loan worth $150,000 to $350,000 from the Paycheck Protection Program, a national rescue package aimed to help small businesses during the pandemic, according to records released on Monday, July 6, 2020. (AP Photo/Rich Pedroncelli, Pool)

Companies tied to California officials get US virus loans

Jul. 6, 2020 7:46 PM EDT

SACRAMENTO, Calif (AP) — Businesses tied to California Gov. Gavin Newsom, Lt. Gov. Eleni Kounalakis and two of the state’s legislative leaders were among those that received federal loans aimed at keeping small businesses afloat during the coronavirus pandemic, records released Monday showed. A...

Executive turmoil at Essence, Ebony magazines prompt changes

Jul. 6, 2020 6:46 PM EDT

NEW YORK (AP) — Two storied magazines that focus on news and culture in the Black community, Essence and Ebony, are in the midst of turmoil at their top levels. Ebony late last week forced out CEO Willard Jackson following an initial inquiry into some of his financial transactions. The general interest...

UIC's business school opens real estate department

Jul. 5, 2020 9:14 AM EDT

CHICAGO (AP) — The University of Illinois at Chicago’s business school is opening a real estate department, according to university officials. It’s called the Stuart Handler Department of Real Estate is the College of Business Administration's fifth department. There are plans in the works...

President of casino company dies in watercraft accident

Jul. 5, 2020 12:21 AM EDT

The head of a casino company died Saturday in a watercraft accident while vacationing in Michigan, the company announced. Richard J. Haskins, president of Red Rock Resorts Inc. and Station Casinos LLC, which owns 20 casinos in Nevada, died, the company said in a statement. Its properties include the Palms Resort...

FILE - In this Nov. 15, 2018, aerial file photo, rubble remains after residences were leveled by the Camp wildfire in Paradise, Calif. California's chief utility regulators and a Pacific Gas & Electric executive testified Thursday, June 4, 2020, that the utility is behind on installing devices meant to ease the severity of power shut-offs during potential wildfires and hasn't yet hired and trained emergency response specialists in each county. PG&E's electrical grid that ignited a succession of Northern California wildfires. (AP Photo/Noah Berger, File)

PG&E exits bankruptcy, pays $5 billion into wildfire fund

Jul. 2, 2020 8:16 PM EDT

SAN FRANCISCO (AP) — Pacific Gas & Electric has emerged from a contentious bankruptcy saga that began after its long-neglected electrical grid ignited wildfires in California that killed more than 100 people. The nation's largest utility announced Wednesday it emerged from Chapter 11 bankruptcy and...

FILE - In this June 20, 2014, file photo, Herman Cain, CEO, The New Voice, speaks during Faith and Freedom Coalition's Road to Majority event in Washington. Cain is being treated for the coronavirus at an Atlanta-area hospital. That's according to a statement posted on his Twitter account Thursday, July 2, 2020. (AP Photo/Molly Riley, File)

Herman Cain treated for COVID-19 after attending Trump rally

Jul. 2, 2020 6:09 PM EDT

WASHINGTON (AP) — 2012 GOP presidential candidate Herman Cain is being treated for the coronavirus at an Atlanta-area hospital, according to a statement posted on his Twitter account Thursday. It's not clear when or where Cain was infected, but he was hospitalized less than two weeks after attending...

Picketers acknowledge a honking motorist outside an entrance to Bath Iron Works, Monday, June 22, 2020, in Bath, Maine. Production workers at one of the Navy's largest shipbuilders overwhelmingly voted to strike, rejecting the company's three-year contract offer Sunday and threatening to further delay delivery of ships. (AP Photo/Robert F. Bukaty)

Shipyard hiring temporary workers; mediation next week

Jul. 2, 2020 2:05 PM EDT

PORTLAND, Maine (AP) — With more than 4,000 workers on strike, Navy shipbuilder Bath Iron Works plans to bring in more subcontractors to join management and existing contractors to try to avoid falling further behind on production, the company's president said Thursday. The company and Machinists Union...