Latest Corporate management News

This Nov.3 2017 file photo shows visitors playing Assassin's Creed video game at the Ubisoft stand at the Paris Games Week in Paris. French gaming giant Ubisoft is parting ways with its creative director and two other executives following an internal investigation of misconduct and media reports of sexual harassment. (AP Photo/Kamil Zihnioglu, File)

Games maker Ubisoft shakes up staff amid misconduct probe

Jul. 12, 2020 7:39 AM EDT

PARIS (AP) — French gaming giant Ubisoft is parting ways with its creative director and two other executives and promising zero tolerance for “toxic" staff behavior following an internal investigation of misconduct and media reports of sexual harassment and other workplace abuse. In a statement...

President Donald Trump listens as Robert Unanue, of Goya Foods, speaks during a roundtable meeting with Hispanic leaders in the Cabinet Room, Thursday, July 9, 2020, in Washington. (AP Photo/Evan Vucci)

'A slap in the face:' Goya faces boycott over Trump praise

Jul. 10, 2020 5:34 PM EDT

NEW YORK (AP) — The CEO of food company Goya is facing an uproar over his praise for President Donald Trump, with some Latino families purging their pantries of the products and scrambling to find alternatives to the beloved beans, seasoning and other products that have long been fixtures in their cooking....

CORRECTS DATE OF PHOTO TO AUG. 4, 2011, INTEAD OF SEPT. 11, 2001 - FILE - In this Aug. 4, 2011, file photo, a man passes a Brooks Brothers store on Church Street in New York's financial district. The 200-year-old fashion retailer that says it's put 40 U.S. presidents in its suits, is filing for bankruptcy protection on Wednesday, July 8, 2020. (AP Photo/Mark Lennihan, File)

Brooks Brothers, worn by Lincoln and Kennedy, goes bankrupt

Jul. 8, 2020 5:03 PM EDT

NEW YORK (AP) — Brooks Brothers, the 200-year-old company that dressed nearly every U.S. president, filed for bankruptcy protection Wednesday, the latest major clothing seller to be toppled by the coronavirus pandemic. Founded in New York in 1818, Brooks Brothers survived two world wars, the Great...

Today in History

Jul. 8, 2020 12:00 AM EDT

Today in History Today is Wednesday, July 8, the 190th day of 2020. There are 176 days left in the year. Today’s Highlight in History: On July 8, 2000, Venus Williams beat Lindsay Davenport 6-3, 7-6 (3) for her first Grand Slam title, becoming the first Black female champion at Wimbledon since Althea...

Zimbabwe's Health minister, Obadiah Moyo, arrives at court in Harare, Saturday June 20, 2020. Moyo is facing allegations of illegally awarding a multi- million dollar contract for COVID-19 testing kits, drugs and personal protective equipment to a shadowy company. (AP Photo/Tsvangirayi Mukwazhi)

Zimbabwe's health minister fired over COVID-19 graft scandal

Jul. 7, 2020 2:26 PM EDT

HARARE, Zimbabwe (AP) — Zimbabwe's health minister has been fired for inappropriate conduct after he was accused of illegally awarding a multi-million-dollar contract for COVID-19 medical supplies to a shadowy company that sold the government $28 face masks and other materials at inflated prices. A...

Executive turmoil at Essence, Ebony magazines prompt changes

Jul. 6, 2020 6:46 PM EDT

NEW YORK (AP) — Two storied magazines that focus on news and culture in the Black community, Essence and Ebony, are in the midst of turmoil at their top levels. Ebony late last week forced out CEO Willard Jackson following an initial inquiry into some of his financial transactions. The general interest...

FILE - In this Nov. 15, 2018, aerial file photo, rubble remains after residences were leveled by the Camp wildfire in Paradise, Calif. California's chief utility regulators and a Pacific Gas & Electric executive testified Thursday, June 4, 2020, that the utility is behind on installing devices meant to ease the severity of power shut-offs during potential wildfires and hasn't yet hired and trained emergency response specialists in each county. PG&E's electrical grid that ignited a succession of Northern California wildfires. (AP Photo/Noah Berger, File)

PG&E exits bankruptcy, pays $5 billion into wildfire fund

Jul. 2, 2020 8:16 PM EDT

SAN FRANCISCO (AP) — Pacific Gas & Electric has emerged from a contentious bankruptcy saga that began after its long-neglected electrical grid ignited wildfires in California that killed more than 100 people. The nation's largest utility announced Wednesday it emerged from Chapter 11 bankruptcy and...

FILE - In this June 20, 2014, file photo, Herman Cain, CEO, The New Voice, speaks during Faith and Freedom Coalition's Road to Majority event in Washington. Cain is being treated for the coronavirus at an Atlanta-area hospital. That's according to a statement posted on his Twitter account Thursday, July 2, 2020. (AP Photo/Molly Riley, File)

Herman Cain treated for COVID-19 after attending Trump rally

Jul. 2, 2020 6:09 PM EDT

WASHINGTON (AP) — 2012 GOP presidential candidate Herman Cain is being treated for the coronavirus at an Atlanta-area hospital, according to a statement posted on his Twitter account Thursday. It's not clear when or where Cain was infected, but he was hospitalized less than two weeks after attending...

Picketers acknowledge a honking motorist outside an entrance to Bath Iron Works, Monday, June 22, 2020, in Bath, Maine. Production workers at one of the Navy's largest shipbuilders overwhelmingly voted to strike, rejecting the company's three-year contract offer Sunday and threatening to further delay delivery of ships. (AP Photo/Robert F. Bukaty)

Shipyard hiring temporary workers; mediation next week

Jul. 2, 2020 2:05 PM EDT

PORTLAND, Maine (AP) — With more than 4,000 workers on strike, Navy shipbuilder Bath Iron Works plans to bring in more subcontractors to join management and existing contractors to try to avoid falling further behind on production, the company's president said Thursday. The company and Machinists Union...

FILE - In this Oct. 25, 2019, file photo, Facebook CEO Mark Zuckerberg speaks at the Paley Center in New York.  On Wednesday, July 1, 2020, more than 500 companies kicked off an advertising boycott intended to pressure Facebook into taking a stronger stand against hate speech. Zuckerberg has agreed to meet with its organizers early the following week. (AP Photo/Mark Lennihan, File)

A pinch where it hurts: Can Facebook weather the ad boycott?

Jul. 1, 2020 7:28 PM EDT

On Wednesday, more than 500 companies officially kicked off an advertising boycott intended to pressure Facebook into taking a stronger stand against hate speech. CEO Mark Zuckerberg has agreed to meet with its organizers early next week. But whether Zuckerberg agrees to further tighten the social network's...