Latest Corporate management News

Ben & Jerry's has new CEO focused on social impact

Aug. 15, 2018 2:36 PM EDT

BURLINGTON, Vt. (AP) — Ice cream maker Ben & Jerry has a new CEO who has challenged the company to "double its social impact." Matthew McCarthy became CEO on July 1. The marketing executive is a veteran of Ben & Jerry's parent company, Anglo-Dutch consumer goods multinational Unilever, where he has...

AP NewsBreak: Pilot who crashed his own home had hangar code

Aug. 14, 2018 7:32 PM EDT

SALT LAKE CITY (AP) — A man who died when he flew a plane into his own house after he had been arrested for assaulting his wife had full access to his employer's plane because he had earned the firm's trust, the president of the Utah company said Tuesday. Duane Youd, 47, was a "rock-solid" employee and a...

Emerson Electric president to retire Oct. 1

Aug. 14, 2018 1:42 PM EDT

FERGUSON, Mo. (AP) — Edward Monser, who has been president for eight years at Emerson Electric, will retire on Oct. 1. The technology and engineering company announced Monser's retirement Tuesday and said his replacement will be Michael Train, who has worked for Emerson since 1991, leading its Automation...

California man pleads guilty to smuggling gun parts to Syria

Aug. 14, 2018 1:40 PM EDT

SANTA ANA, Calif. (AP) — The chief executive of a California check cashing business pleaded guilty Monday to helping smuggle rifle parts and other military equipment to rebels in his native Syria. Rasheed Al Jijakli, 57, was arrested last year and charged in federal court with violating U.S. laws that...

Today in History

Aug. 14, 2018 12:02 AM EDT

Today in History Today is Tuesday, Aug. 14, the 226th day of 2018. There are 139 days left in the year. Today's Highlight in History: On August 14, 1935, President Franklin D. Roosevelt signed the Social Security Act into law. On this date: In 1848, the Oregon Territory was created. In 1900, international forces,...

Mexico: Lopez Obrador expands plan for Yucatan tourist train

Aug. 14, 2018 12:01 AM EDT

MEXICO CITY (AP) — Mexico's president-elect announced an even more ambitious proposal for a train on the Yucatan peninsula Monday that would link nearly all the region's main tourist draws and cost double or more than the previously announced figure. Andres Manuel Lopez Obrador had campaigned on building...

Mexico: Lopez Obrador expands plan for Yucatan tourist train

Aug. 13, 2018 11:01 PM EDT

MEXICO CITY (AP) — Mexico's president-elect announced an even more ambitious proposal for a train on the Yucatan peninsula Monday that would link nearly all the region's main tourist draws and cost double or more than the previously announced figure. Andres Manuel Lopez Obrador had campaigned on building...

Trump signs bill named for Sen. McCain, doesn't mention him

Aug. 13, 2018 6:39 PM EDT

FORT DRUM, N.Y. (AP) — President Donald Trump on Monday signed a $716 billion defense policy bill named for John McCain but included no mention in his remarks of the Republican senator, who is battling brain cancer at home in Arizona. Trump and McCain are engaged in a long-running feud that dates to...

Questions loom over Tesla deal after CEO reveals Saudi link

Aug. 13, 2018 6:20 PM EDT

SAN FRANCISCO (AP) — Tesla CEO Elon Musk's elaboration on his plan to engineer a buyout of the electric car maker could get the Silicon Valley maverick into legal trouble by revealing that the deal is far more uncertain than how he initially described it in his brash tweet last week. If everything falls...

Trump's Harley boycott call roils Wisconsin primary

Aug. 13, 2018 6:08 PM EDT

MADISON, Wis. (AP) — Wisconsin Gov. Scott Walker and Republican U.S. Senate candidate Kevin Nicholson both came out Monday against boycotting Milwaukee-based Harley-Davidson, the day after President Donald Trump said it would be "great" if there was a boycott. Trump's Sunday tweet forced Walker and other...