Latest Corporate News

Man sentenced in $4 million fraud scheme involving boats

Sep. 17, 2021 18:17 PM EDT

SPRINGFIELD, Mo. (AP) — A Rogersville man was sentenced Friday to five years in federal prison for running a boat building scheme that defrauded customers out of more than $4 million. Michael Michael David Dismer, 53, was sentenced for tax evasion for failing to pay...

SEC charges Florida man for insider trading of Mylan stock

Sep. 17, 2021 18:03 PM EDT

NEW YORK (AP) — A former executive at pharmaceutical company Mylan has pleaded guilty to insider trading in the company’s securities, the Justice Department said Friday. The department said Dayakar Mallu, 51, of Orlando, Florida, worked with another executive at Mylan...

The Latest: Child among latest COVID-19 deaths in Louisiana

Sep. 17, 2021 17:57 PM EDT

BATON ROUGE, La. -- A child is among the latest to die from COVID-19 in Louisiana, state health officials said Friday. Heath department figures showed the state death toll from the illness grew by 52. One of the victims was a child between the ages of 5 and 11. ...

Judge dismisses lawsuit seeking removal of DNR chairman

Sep. 17, 2021 16:59 PM EDT

MADISON, Wis. (AP) — A Wisconsin judge on Friday rejected a lawsuit seeking to remove the state Department of Natural Resources policy board’s leader from his post even though his term has ended. Dane County Circuit Judge Valerie Bailey-Rihn ruled against Democratic...

Protagonist, Schlumberger fall; Invesco, Thermo Fisher rise

Sep. 17, 2021 16:26 PM EDT

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Friday: Invesco Ltd., up $1.36 to $26.25. The investment management company is reportedly in talks on a potential deal with State Street's asset-management business. ...

New Mexico backs Texas in opposing nuclear fuel storage

Sep. 17, 2021 16:10 PM EDT

ALBUQUERQUE, N.M. (AP) — Top New Mexico leaders say they’re open to “most anything” that would prevent spent nuclear fuel and other high-level waste from being stored indefinitely in the state, including legislation like a measure recently adopted by Texas to prevent the shipping and...

Boeing to build Navy aircraft at MidAmerica, invest $200M

Sep. 17, 2021 16:05 PM EDT

SPRINGFIELD, Ill. (AP) — Chicago-based aerospace giant Boeing Co. will invest $200 million to begin manufacturing the U.S. Navy's latest unmanned aircraft at MidAmerica St. Louis Airport in a project that could add at least 150 jobs on the company's southwest Illinois campus, officials said...

Closing prices for crude oil, gold and other commodities

Sep. 17, 2021 15:28 PM EDT

Benchmark U.S. crude oil for October delivery fell 64 cents at $71.97 a barrel Friday. Brent crude oil for November delivery fell 33 cents to $75.34 a barrel. Wholesale gasoline for October delivery fell 1 cent to $2.17 a gallon. October heating oil was unchanged at $2.21...

LSU, Caesars Sportsbook, enter sponsorship agreement

Sep. 17, 2021 15:25 PM EDT

NEW ORLEANS (AP) — LSU and Caesar's Sportsbook announced Friday that they have entered into a multi-year sponsorship agreement, making Louisiana's flagship state university the first in the Southeastern Conference to enter a financial partnership with a gambling company. ...

Utility gives up construction permit for nuclear plant

Sep. 17, 2021 15:08 PM EDT

CHATTANOOGA, Tenn. (AP) — The Tennessee Valley Authority is giving up its construction permit for an unfinished nuclear plant in northeast Alabama nearly 50 years after work began on the facility. The TVA notified the U.S. Nuclear Regulatory Commission last week that it...