Asset sales

FILE - This Jan. 28, 2015, file photo, shows the Federal Trade Commission building in Washington. Federal regulators are amping up their investigation of the market dominance of five giant tech companies, demanding detailed information on their acquisitions back to 2010. The Federal Trade Commission announced the move Tuesday, issuing orders to Facebook, Amazon, Apple, Microsoft and Google's parent Alphabet Inc. (AP Photo/Alex Brandon, File)
February 11, 2020 - 2:52 pm
WASHINGTON (AP) — Federal regulators are ramping up their investigation of the market dominance of giant tech companies, demanding detailed information on five companies' acquisitions of smaller firms back to 2010. The Federal Trade Commission announced the move Tuesday, issuing orders to Facebook...
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February 11, 2020 - 11:00 am
GENEVA (AP) — Swiss authorities said Tuesday they have opened an investigation into allegations a Zug, Switzerland-based maker of encryption devices was a front operated by the CIA and West German intelligence that enabled them to break the codes of the countries that used their products. A joint...
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FILE - This Feb. 16, 2010 file photo shows the headquarters of the Simon Property Group in downtown Indianapolis. The Simon Property Group will buy mall operator Taubman Realty in a deal valued at around $3.6 billion as those properties continue to struggle along with their retail tenants. Simon Property Group Inc. said Monday, Feb. 10, 2020, that its operating partnership, Simon Property Group, LP, will buy all of Taubman stock for $52.50 per share. (Danese Kenon/The Indianapolis Star via AP, File)
KNSS News
February 10, 2020 - 9:58 am
The Simon Property Group will buy mall operator Taubman Realty in a deal valued at around $3.6 billion as those properties continue to struggle along with their retail tenants. Simon Property Group Inc. is the nation's largest mall operator. It said Monday that its operating partnership, Simon...
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In this Jan. 28, 2020, photo a Mobil sign is affixed to an Exxon Mobil fuel pump in Marlborough, Mass. Exxon Mobil Corp. reports financial results Friday, Jan. 31. (AP Photo/Bill Sikes)
January 31, 2020 - 8:35 am
Exxon Mobil's profit slid more than 5% in the fourth quarter of 2019, as the oil giant dealt with weak margins in its chemical and retail fuel operations. The country's largest oil producer posted $5.69 billion in profits, or $1.33 per share, for the quarter. But those profits were boosted by a one...
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Two sets of bedroom furniture, including cardboard beds, for the Tokyo 2020 Olympic and Paralympic Villages are shown in a display room Thursday, Jan. 9, 2020, in Tokyo. Tokyo Olympic athletes beware - particularly larger ones. The single bed frames in the Athletes Village at this year's Olympics will be made of cardboard. The single bed frames will be recycled into paper products after the games. The mattress components - the mattress are not made of cardboard - will be recycled into plastic products.. (AP Photo/Jae C. Hong)
January 09, 2020 - 12:12 am
TOKYO (AP) — Tokyo Olympic athletes beware — particularly larger ones. The bed frames in the Athletes Village at this year's Olympics will be made of cardboard. Sturdy cardboard. “Those beds can stand up to 200 kilograms,” explained Takashi Kitajima, the general manager of the Athletes Village,...
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January 02, 2020 - 3:31 pm
RICHMOND, Va. (AP) — A hotel operator has purchased The Times-Dispatch building in Virginia’s capital city, but the Richmond newspaper will remain in the downtown building under a long-term lease, the companies announced Thursday. The Times-Dispatch reports that its newsroom, advertising and...
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FILE - In this Feb. 28, 2009, file photo, a State Grid Corp. sign is seen above its training center in Beijing. The Chinese state-owned utility said Tuesday, Dec. 17, 2019, it has bought 49% of the power distribution grid in the Gulf nation of Oman. State Grid Corp. described the purchase as part of China's multibillion-dollar Belt and Road initiative to build trade-related infrastructure across Asia to Europe. (AP Photo/Greg Baker, File)
December 17, 2019 - 4:17 am
BEIJING (AP) — A Chinese state-owned utility says it has bought 49% of the power distribution grid in the Gulf nation of Oman. State Grid Corp. described the purchase as part of China's multibillion-dollar Belt and Road initiative to build trade-related infrastructure across Asia to Europe. State...
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Saudi Arabia's state-owned oil company Saudi Armco and stock market officials celebrate during the official ceremony marking the debut of Aramco's initial public offering (IPO) on the Riyadh's stock market in Riyadh, Saudi Arabia, Wednesday, Dec. 11, 2019. (AP Photo/Amr Nabil)
December 11, 2019 - 4:01 pm
RIYADH, Saudi Arabia (AP) — Saudi Arabian oil company Aramco surpassed Apple as the world's most valuable public company Wednesday when its shares made their debut on the Saudi stock exchange, part of an ambitious shift away from the very fossil fuels the country's economy depends on. The shares'...
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December 10, 2019 - 5:50 pm
SAN RAMON, Calif. (AP) — Chevron Corp. said Tuesday it will book a charge of at least $10 billion because lower long-term prices for oil and natural gas will reduce the value of its assets. More than half the write-down is related to gas drilling operations in Appalachia. The huge fourth-quarter...
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FILE- In this Nov. 27, 2018, file photo a banner depicting the Chevrolet Cruze model vehicle is displayed at the General Motors' Lordstown plant in Lordstown, Ohio. General Motors is selling the Ohio assembly plant it closed in March to a new company that plans to begin making electric trucks in late 2020. The company called Lordstown Motors Corp. said Thursday, Nov. 7, 2019, that it initially intends to hire 400 production workers but still needs more money from investors. (AP Photo/John Minchillo, File)
December 09, 2019 - 2:23 pm
TOLEDO, Ohio (AP) — General Motors has agreed to loan $40 million to a newly formed company that wants to make electric pickup trucks at a massive Ohio assembly plant GM shut down earlier this year. The agreement between the two companies also would allow GM to buy back the plant up until next May...
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