Latest Executive changes News

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,...

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...

HSBC says its CEO to leave after just 18 months

Aug. 5, 2019 8:19 AM EDT

LONDON (AP) — Bank HSBC on Monday announced the surprise departure of CEO John Flint after just 18 months, saying new leadership was needed amid increasing economic uncertainty, and that it was cutting some 4,000 jobs to reduce costs. London-based HSBC Holdings said Flint stepped down by mutual agreement....

Uber lays off 400 employees from global marketing team

Jul. 29, 2019 4:50 PM EDT

NEW YORK (AP) — Uber is laying off 400 employees in marketing, about a quarter of the marketing team's global workforce of 1,200 people. The move, announced Monday, follows a leadership shake-up in June when CEO Dara Khosrowshahi combined the company's marketing, communications and policy teams. The...

Today in History

Jul. 28, 2019 12:01 AM EDT

Today in History Today is Sunday, July 28, the 209th day of 2019. There are 156 days left in the year. Today's Highlight in History: On July 28, 1976, an earthquake devastated northern China, killing at least 242,000 people, according to an official estimate. On this date: In 1609, the English ship Sea Venture,...