Latest Asset sales News

Biden halts sale of National Archives center in Seattle

Apr. 08, 2021 19:06 PM EDT

SEATTLE (AP) — The Biden administration has halted its predecessor’s decision to sell the federal archives building in Seattle, following months of opposition from people across the Pacific Northwest and a lawsuit. Washington Democratic Sens. Patty Murray and Maria...

Biodegradable plastic maker plans $700M Georgia factory

Mar. 29, 2021 20:36 PM EDT

A southwest Georgia company announced Monday that it will spend $700 million to build a factory to produce biodegradable packaging for the world's largest candy makers and others. Danimer Scientific, based in Bainbridge, Georgia, said it would start construction next year...

Credit Suisse, People's Bancorp fall; Boeing, Bluebird rise

Mar. 29, 2021 16:50 PM EDT

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Monday: Boeing Co., up $5.65 to $250.52. Southwest Airlines ordered 100 of the airplane maker's 737 MAX aircraft. Credit Suisse Group AG, down $1.48 to...

News Corp. buys Houghton Mifflin Harcourt books division

Mar. 29, 2021 11:44 AM EDT

NEW YORK (AP) — In the latest news of consolidation in the literary world, Rupert Murdoch's News Corp. announced Monday it's buying Houghton Mifflin Harcourt's book-publishing division, which includes such blockbuster releases as J.R.R. Tolkien's “The Lord of the Rings” trilogy and...

Editor of top German newspaper reinstated after probe

Mar. 25, 2021 13:42 PM EDT

BERLIN (AP) — The chief editor of Germany’s top-selling newspaper, the daily Bild, is back at work after being temporarily suspended during an investigation into possible “compliance violations,” German news agency dpa reported Thursday. Bild Editor-in-Chief...

State agency approved sale of Chicago hospital to non-profit

Mar. 22, 2021 22:54 PM EDT

CHICAGO (AP) — The Illinois Health Facilities and Services Review Board on Monday approved the sale of Chicago’s oldest hospital to a newly-formed not-for-profit. Insight Chicago received approval from the state review board to purchase Mercy Hospital and Medical...

Jury convicts former NW Indiana mayor of bribery in retrial

Mar. 19, 2021 14:30 PM EDT

HAMMOND, Ind. (AP) — A federal jury convicted a former northwestern Indiana mayor on a bribery charge Friday in his retrial on allegations he solicited and accepted a $13,000 bribe from a trucking company. A jury in U.S. District Court in Hammond deliberated less than...

Narragansett Electric sold to PPL for $5.3B

Mar. 18, 2021 16:02 PM EDT

PROVIDENCE, R.I. (AP) — The Narragansett Electric Company, which serves electric and natural gas customers in Rhode Island, has been sold to Pennsylvania-based PPL Corp. for $5.3 billion, Narragansett’s parent company, National Grid, announced Thursday. Narragansett...

Nomadland's Empire is a real place in northern Nevada desert

Mar. 06, 2021 15:05 PM EST

EMPIRE, Nev. (AP) — Each morning, Brandy Wilber wakes up to a sweeping view of the desert and the sound of gypsum being crushed at the plant. This is life in Empire. “It might not seem like much to other people, but this is our home. It’s a lot more than just home:...

New Mexico regulators want more details on power plant sale

Mar. 04, 2021 09:07 AM EST

ALBUQUERQUE, N.M. (AP) — New Mexico's largest electric provider has two weeks to file an amended application with state regulators who will determine whether it can transfer its shares in a coal-fired power plant to an energy company backed by the Navajo Nation. A...