Latest Executive changes News

Tesla restarts its solar-panel business, offers rental plans

Aug. 18, 2019 4:52 PM EDT

PALO ALTO, Calif. (AP) — Tesla is trying to spark its solar-panel business by letting consumers rent rooftop systems rather than buy them. Tesla Inc. CEO Elon Musk announced the offering in a series of tweets Sunday. The company will allow residents of six states to rent solar-power systems starting at $50...

China flexes muscle near Hong Kong amid more weekend rallies

Aug. 16, 2019 8:54 PM EDT

SHENZHEN, China (AP) — Members of China's paramilitary People's Armed Police marched and practiced crowd control tactics at a sports complex in Shenzhen across from Hong Kong in what some interpreted as a threat against pro-democracy protesters in the semi-autonomous territory. The sound of marching boots...

Cathay Pacific CEO resigns after Beijing pressure

Aug. 16, 2019 6:59 AM EDT

HONG KONG (AP) — The CEO of Cathay Pacific Airways, one of Hong Kong's most prominent companies, resigned Friday following pressure by Beijing on the carrier over participation by some of its employees in anti-government protests. Rupert Hogg became the highest-profile corporate casualty of official...

S. Korea's Moon calls for talks to end trade row with Japan

Aug. 15, 2019 1:16 AM EDT

SEOUL, South Korea (AP) — South Korean President Moon Jae-in offered an olive branch to Japan to end an ongoing trade dispute Thursday, saying Seoul will "gladly join hands" if Tokyo wants to talk. Moon in a nationally televised speech also downplayed the threat posed by North Korea's recent short-range...

Today in History

Aug. 14, 2019 12:01 AM EDT

Today in History Today is Wednesday, Aug. 14, the 226th day of 2019. There are 139 days left in the year. Today's Highlight in History: On August 14, 1945, President Harry S. Truman announced that Imperial Japan had surrendered unconditionally, ending World War II. On this date: In 1900, international forces,...

Indiana-based payroll company seeks bankruptcy protection

Aug. 13, 2019 1:28 PM EDT

ELKHART, Ind. (AP) — An Indiana-based payroll processing company has filed for Chapter 11 bankruptcy protection, blaming its financial woes on a "complex scheme" orchestrated by its founder. Interlogic Outsourcing Inc. sought Chapter 11 protection in documents filed Saturday in federal bankruptcy court in...

The Latest: Hong Kong airport to restart flights Tuesday

Aug. 12, 2019 12:14 PM EDT

HONG KONG (AP) — The Latest on protests in Hong Kong (all times local): 8:10 p.m. The Hong Kong airport says it will restart flights starting at 6 a.m. Tuesday after it completely shut down operations when thousands of pro-democracy demonstrators occupied its main terminal. All flights Monday that had not...

Rite Aid picks former insurance executive as new CEO

Aug. 12, 2019 9:44 AM EDT

Rite Aid has chosen a former insurance executive to replace long-time CEO John Standley to try to right the struggling drugstore chain. The company said Monday that Heyward Donigan will take over immediately for Standley, who's been CEO since 2010. The 58-year-old Donigan is a former executive with Premera Blue...

Judge: Anti-Kushner bias not cause of Jersey City dispute

Aug. 8, 2019 9:44 PM EDT

Jersey City wasn't animated by political bias when it took action last year against a real estate project connected to President Donald Trump's son-in-law, a federal judge ruled Thursday in dismissing a lawsuit brought by a group of real estate companies. One Journal Square Partners Urban Renewal Co. and...

Utah Jazz president named new CEO of Miller companies

Aug. 7, 2019 6:37 PM EDT

SALT LAKE CITY (AP) — Utah Jazz president Steven Starks has been named the new CEO of the Larry H. Miller Group of Companies. Company officials said Wednesday the 40-year-old executive will leave the NBA franchise team next week to oversee the company's car dealerships, sports teams, movie theaters and...