Latest Corporate News

Paper company indefinitely idles 160-employee Georgia mill

Nov. 16, 2019 12:52 PM EST

AUGUSTA, Ga. (AP) — A Canadian paper company says a Georgia newsprint mill will be indefinitely idled, meaning 160 employees won’t return to work. Resolute Forest Products said Thursday that it won’t restart operations in Augusta, where it temporarily closed its mill in October because of...

Central New Mexico battles for control of electric systems

Nov. 16, 2019 11:57 AM EST

SOCORRO, N.M. (AP) — Socorro is charged up about building its own electric utility to offer cheaper, cleaner electricity to local consumers than they get from the 75-year-old Socorro Electric Cooperative. Mayor Ravi Bhasker and city councilors are pursuing an independent contract with Guzman Energy LLC, an...

Man gets 15 years in prison for $6 million stock fraud

Nov. 16, 2019 9:01 AM EST

SEATTLE (AP) — A 28-year-old man has been sentenced to 15 years in prison for a $6 million stock fraud. The U.S. Attorney’s Office in Seattle says Keenan A. Gracey, formerly of Newcastle, Washington, posed as a British billionaire with degrees from the London School of Economics and Oxford. He...

Boeing says it has to ‘re-earn’ public’s trust after crashes

Nov. 16, 2019 8:24 AM EST

DUBAI, United Arab Emirates (AP) — A senior Boeing executive said Saturday the company knows it has to re-earn the public’s trust as it works to win approval from U.S. regulators to get its grounded 737 Max jets flying again after crashes that killed 346 people. Stan Deal, president and CEO of...

No waiters or dining area, just restaurant fare

Nov. 16, 2019 3:01 AM EST

WINTER PARK, Fla. (AP) — Jeff Covington called out orders as a display of multiple tablets chimed during a Friday night dinner service. “Build-your-own, Bolognese, side Caesar,” he relayed to the rest of the kitchen staff. Another chime, this one triggered by the door, signaled when it was...

Minnesota school district may monitor students’ online posts

Nov. 16, 2019 1:05 AM EST

MINNEAPOLIS (AP) — In the summer of 2017, Minnetonka Public Schools Superintendent Dennis Peterson attended a conference in Baltimore put on by the Education Research and Development Institute, a for-profit company that connects education technology businesses with school administrators. While in...

Ousted ambassador says she felt intimidated by Trump attacks

Nov. 16, 2019 12:45 AM EST

WASHINGTON (AP) — In chilling detail, ousted U.S. Ambassador to the Ukraine Marie Yovanovitch described to Trump impeachment investigators Friday how she felt threatened upon learning that President Donald Trump had promised Ukraine’s leader she was “going to go through some things.”...

Trump intervenes in military justice cases, grants pardons

Nov. 15, 2019 9:26 PM EST

WASHINGTON (AP) — President Donald Trump has pardoned a former U.S. Army commando set to stand trial next year in the killing of a suspected Afghan bomb-maker and a former Army lieutenant convicted of murder for ordering his men to fire upon three Afghans, killing two, the White House announced late...

NRA tax filing: Embattled CEO earned about $2 mil last year

Nov. 15, 2019 8:42 PM EST

The National Rifle Association’s embattled top executive earned about $2 million last year at a time when the gun rights lobby is beating back challenges from regulators, longtime members and gun control groups, according to tax filings cited in media reports. The tax filings come as the NRA faces...

Michigan AG unveils plan to crack down on illegal robocalls

Nov. 15, 2019 8:03 PM EST

LANSING, Mich. (AP) — Michigan Attorney General Dana Nessel on Friday announced a planned crackdown on robocalls, outlining a dozen initiatives designed to curb the automated calls that in many cases are illegal. Steps include increased enforcement actions, educating people on how they can protect...