Latest Corporate News

A man wearing a face mask walks past a bank's electronic board showing the Hong Kong share index at Hong Kong Stock Exchange Tuesday, Sept. 22, 2020. Shares slipped Tuesday in Asia after markets tumbled worldwide on worries about the pandemic’s economic pain. (AP Photo/Vincent Yu)

World shares mixed as Asia tracks Wall St, Europe rebounds

Sep. 22, 2020 5:02 AM EDT

European shares bounced back Tuesday, while Asian benchmarks extended their slide. Germany's DAX rose 1.1% to 12,679.53 and the CAC 40 in Paris picked up 0.5% to 4,816.09. Britain's FTSE edged 0.1% higher to 5,807.31. U.S. futures were little changed, with the contract for the S&P 500 unchanged and the...

A civic staff in protective suit disinfects the parking area of an apartment where one of the residents tested positive for COVID-19 in Kolkata, India, Tuesday, Sept. 22, 2020. The nation of 1.3 billion people is expected to become the coronavirus pandemic's worst-hit country within weeks, surpassing the United States. (AP Photo/Bikas Das)

The Latest: British PM to announce new social restrictions

Sep. 22, 2020 4:04 AM EDT

LONDON — British Prime Minister Boris Johnson will announce new restrictions on social interaction Tuesday as the government tries to slow the spread of the coronavirus before it spirals out of control. Cabinet Office Minister Michael Gove told Sky News that pubs and restaurants across England will be...

FILE - In this May 4, 2019, file photo, International Olympic Committee President Thomas Bach, right, is presented with the Australian Olympic Committee (AOC) President's trophy by AOC president John Coates at the AOC annual general meeting in Sydney, Australia. The only thing more difficult than staging next year's Tokyo Olympics in a pandemic might be convincing sponsors to keep their billions on board in the midst of economic turbulence and skepticism. (AP Photo/Rick Rycroft, File)

Tokyo needs to convince sponsors Olympics will really happen

Sep. 22, 2020 2:40 AM EDT

TOKYO (AP) — The only thing more difficult than staging next year's Tokyo Olympics in a pandemic might be convincing sponsors to keep their billions of dollars on board in the midst of economic turbulence and skepticism. To make the point this week, IOC President Thomas Bach will join a number of Japanese...

FILE - In this May 19, 2018, file photo, Amy Coney Barrett, United States Court of Appeals for the Seventh Circuit judge, speaks during the University of Notre Dame's Law School commencement ceremony at the university, in South Bend, Ind. Barrett, a front-runner to fill the Supreme Court seat vacated by the death of Justice Ruth Bader Ginsburg, has established herself as a reliable conservative on hot-button legal issues from abortion to gun control. (Robert Franklin/South Bend Tribune via AP, File)

Top contenders for Ginsburg's seat on Supreme Court

Sep. 22, 2020 1:22 AM EDT

WASHINGTON (AP) — President Donald Trump has said he would nominate a woman to replace Justice Ruth Bader Ginsburg, who died Friday at the age of 87 and was a champion of gender equality. A look at the top contenders: ___ AMY CONEY BARRETT Barrett, 48, is widely considered to be the front-runner. She was...

FILE - In this May 19, 2018, file photo, Amy Coney Barrett, United States Court of Appeals for the Seventh Circuit judge, speaks during the University of Notre Dame's Law School commencement ceremony at the university, in South Bend, Ind. Barrett, a front-runner to fill the Supreme Court seat vacated by the death of Justice Ruth Bader Ginsburg, has established herself as a reliable conservative on hot-button legal issues from abortion to gun control. (Robert Franklin/South Bend Tribune via AP, File)

Top contenders for Ginsburg's seat on Supreme Court

Sep. 22, 2020 1:20 AM EDT

WASHINGTON (AP) — President Donald Trump has said he would nominate a woman to replace Justice Ruth Bader Ginsburg, who died Friday at the age of 87 and was a champion of gender equality. A look at the top contenders: ___ AMY CONEY BARRETT Barrett, 48, is widely considered to be the front-runner. She was...

Canadian auto workers extend Ford contract, delay strike

Sep. 22, 2020 12:19 AM EDT

DETROIT (AP) — The union that represents Canadian auto workers has extended its contract with Ford beyond an 11:59 p.m. deadline, a sign that progress is being made toward an agreement. The Unifor union has scheduled a news conference for 10 a.m. Tuesday to discuss the talks. It picked Ford as a potential...

FILE - In this Nov. 12, 2010, file photo, Chinese real estate mogul Ren Zhiqiang speaks at a press reception for his book on China's property market in Shanghai. Ren, who publicly criticized President Xi Jinping’s handling of the coronavirus pandemic was sentenced to 18 years in prison on Tuesday, Sept. 22, 2020, in a corruption case, the government announced. (Chinatopix via AP, File)

Critic of Chinese leader sentenced to 18 years in graft case

Sep. 21, 2020 11:59 PM EDT

BEIJING (AP) — The former chairman of a state-owned real estate company who publicly criticized President Xi Jinping’s handling of the coronavirus pandemic was sentenced to 18 years in prison on Tuesday on corruption charges, a court announced. Ren Zhiqiang, who became known for speaking up about...

DA seeking Trump's taxes cites 'mountain' of allegations

Sep. 21, 2020 7:56 PM EDT

NEW YORK (AP) — The Manhattan district attorney's office told a federal appeals court Monday that its quest to gain access to President Donald Trump’s tax returns is supported by “a mountainous record" of public allegations of misconduct. The president and Manhattan District Attorney Cyrus...

British man sentenced to 5 years for hacking US companies

Sep. 21, 2020 7:36 PM EDT

ST. LOUIS (AP) — A British man who was part of a hacking collective called The Dark Overlord was sentenced Monday to five years in prison for helping the group steal information from several companies in the U.S., including Missouri, Illinois and Georgia. Nathan Francis Wyatt, 39, was sentenced after he...

Prosecutors say W.Va. woman pleads guilty to contractor scam

Sep. 21, 2020 6:30 PM EDT

CHARLESTON, W.Va. (AP) — A West Virginia pharmacist pleaded guilty on Monday to swindling millions from investors and pretending to be a government contractor, prosecutors announced. Natalie Cochran admitted in federal court to wire fraud and money laundering. She defrauded about $2.5 million from at least...