Latest Corporate investigations News

AP Interview: Top Republican says Russia probe difficult

Aug. 18, 2018 3:51 PM EDT

WASHINGTON (AP) — For much of the last two years, Senate Intelligence Committee Chairman Richard Burr has been the Russia investigator who is seen but rarely heard on Capitol Hill. In an exclusive interview with The Associated Press, the North Carolina Republican opened up about the investigation that has...

AP Interview: Top Republican opens up about Russia probe

Aug. 18, 2018 9:44 AM EDT

WASHINGTON (AP) — For much of the last two years, Senate Intelligence Committee Chairman Richard Burr has been the Russia investigator who is seen but rarely heard on Capitol Hill. In an exclusive interview with The Associated Press, the North Carolina Republican opened up about the investigation that has...

Trump warns he'll revoke clearance of Justice Dept official

Aug. 17, 2018 11:20 PM EDT

WASHINGTON (AP) — President Donald Trump said Friday that he suspects he'll "very quickly" revoke the security clearance for a Justice Department official whose wife worked for the firm involved in producing a dossier on Trump's ties to Russia. Signaling that his efforts to target clearances over his...

Stocks jump as hopes rise for progress on China trade talks

Aug. 17, 2018 4:45 PM EDT

NEW YORK (AP) — Stocks rose late in the day Friday as investors welcomed signs of progress in resolving the trade dispute between the U.S. and China. The Wall Street Journal reported that the countries hope to have a resolution by November. Industrial, health care and basic materials companies made some of...

Former US security leaders blast Trump for yanking clearance

Aug. 16, 2018 10:57 PM EDT

WASHINGTON (AP) — Former U.S. security officials issued scathing rebukes to President Donald Trump on Thursday, admonishing him for yanking a top former spy chief's security clearance in what they cast as an act of political vengeance. Trump said he'd had to do "something" about the "rigged" federal probe...

Tesla CEO Musk taunts short sellers amid legal scrutiny

Aug. 11, 2018 6:23 PM EDT

WASHINGTON (AP) — Tesla CEO Elon Musk used Twitter late Friday to taunt investors who have bet against his company, even though his previous Twitter comments have spurred a government investigation and shareholder lawsuits. The tweets are aimed at "shorts," or investors who borrowed shares of Tesla and...

Bubble Wrap maker under investigation by the SEC

Aug. 9, 2018 10:08 AM EDT

CHARLOTTE, N.C. (AP) — The Bubble Wrap trademark holder and maker is under investigation by the Securities Exchange Commission. The Charlotte Observer reports Sealed Air said in its second-quarter earnings report Monday that it received a subpoena on June 25 for accounting and financial reporting...

Former CEO of Harrah's to become Wynn's board chairman

Aug. 6, 2018 9:00 PM EDT

LAS VEGAS (AP) — Wynn Resorts announced additional changes to its board of directors Monday, a truce with its top shareholder and the end to an internal investigation into the sexual misconduct allegations against the company's founder that surfaced earlier this year. The appointment of industry veteran...

The Latest: Wynn Resorts' probe into founder's behavior done

Aug. 6, 2018 7:33 PM EDT

LAS VEGAS (AP) — The Latest on actions taken by the board of directors of casino operator Wynn Resorts (all times local): 4:20 p.m. Casino operator Wynn Resorts says an internal committee has finished its investigation into the sexual misconduct allegations leveled against company founder Steve Wynn. In a...

'60 Minutes' exec named in misconduct article delays return

Aug. 5, 2018 7:19 PM EDT

NEW YORK (AP) — The executive producer of the CBS news show "60 Minutes" is delaying his return from vacation until an investigation into sexual misconduct claims at the network wraps up. Meanwhile, CBS Entertainment President Kelly Kahl told reporters on Sunday that CBS isn't saying it's perfect and that...