Latest Corporate management News
Kansas businessman pleads guilty in case over illegal export of aviation technology to Russia
TOPEKA, Kan. (AP) — A Kansas businessman has pleaded guilty to illegally exporting sensitive aviation technology to Russian companies in violation of U.S. sanctions. Douglas Edward Robertson, who lives in the Kansas City suburb of Olathe, was the second Kansas business executive...
Southwest Air adopts 'poison pill' as activist investor Elliott takes significant stake in company
Southwest Airlines has adopted a ‘poison pill’ following activist investor Elliott Investment Management taking a significant stake in the company. The airline said Wednesday that the shareholder rights plan is effective immediately and expires in a year. Southwest shareholders...
UN launches global road safety campaign in US with goal of halving the number of victims by 2030
UNITED NATIONS (AP) — The United Nations on Monday launched its global road safety campaign in the United States, which aims to halve the number of road-related victims worldwide by 2030. The two-year advertising campaign seeks to educate people on basic, but life-saving, safety...
TV personality Carlos Watson testifies in his trial over collapse of startup Ozy Media
NEW YORK (AP) — Former TV host Carlos Watson told a jury Monday he never schemed to con backers of his Ozy Media, a once high-flying startup that crashed in a storm of doubt about its business tactics and claims of success. “Mr. Watson, did you conspire to commit securities...
Stock market today: Stocks edge lower on Wall Street, ending a 3-week winning streak for the S&P 500
Stocks on Wall Street gave up early gains and finished lower Friday, ending a three-week winning streak for the S&P 500. A flurry of selling late in the day left the benchmark index 0.4% lower and in the red for the week. The Nasdaq composite fell 0.7%, while the Dow Jones...
How major US stock indexes fared Friday, 6/28/2024
Stocks drifted lower on Wall Street, erasing the S&P 500’s gains for the week. The S&P 500 slipped 0.4% Friday, but remains close to the record high it set last week. The Nasdaq composite fell 0.7% and the Dow slipped 0.1%. Nike dropped 20% after the shoe...
More Americans are ending up in Russian jails. Prospects for their release are unclear
TALLINN, Estonia (AP) — One was a journalist on a reporting trip. Another was attending a wedding. Yet another was a dual national returning to visit family. All are U.S. citizens now behind bars in Russia on various charges. Arrests of Americans in Russia are...
Ed Policy to take over as Packers president and CEO after Mark Murphy's retirement next summer
GREEN BAY, Wis. (AP) — Green Bay Packers chief operating officer and general counsel Ed Policy will take over as the team’s president and CEO next year following the retirement of Mark Murphy. Policy, the son of former San Francisco 49ers and Cleveland Browns president Carmen...
South Carolina governor visiting Germany, a major driver of the state's economy
COLUMBIA, S.C. (AP) — South Carolina Gov. Henry McMaster is off to Germany next week to strengthen business ties that have fueled this century's economic boom in the formerly struggling Southern state. The governor is an invited guest at the TDI conference, also known as the Day of...
U.S. bans on gasoline-powered leaf blowers grow, as does blowback from landscaping industry
TRENTON, N.J. (AP) — The roar of the leaf blower has become an inescapable part of daily life in communities across America, leading towns and states to ban or restrict blowers that run on gasoline. But the measures face blowback from the landscaping industry and some property...
