Corporate management

March 04, 2019 - 4:02 am
LONDON (AP) — The CEO of fashion retailer Ted Baker has resigned after allegations that he enforced a "hugging" culture at the company. Ray Kelvin had been forced to take a leave of absence last year following the allegations of harassment. Kelvin denies the allegation. Executive Chairman David...
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March 03, 2019 - 5:17 pm
Tesla CEO Elon Musk announced on Twitter that the company's next vehicle will be unveiled March 14. The vehicle, currently dubbed "Model Y", is expected to be an SUV with many of the same underpinnings as its lower-cost sedan, the Model 3. Tesla has an avid fan base for its cars but it has...
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March 01, 2019 - 7:33 am
LAS VEGAS (AP) — Caesars will replace three members to its board with directors chosen by billionaire Carl Icahn, who is seeking fundamental changes at the casino and resort. Icahn recently revealed a 10 percent stake and last week the Las Vegas company acknowledged it had been in talks with the...
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FILE - In this Feb. 10, 2017 file photo, Chief Executive of Las Vegas Sands Corporation Sheldon Adelson is seen at a business roundtable with Japanese Prime Minister Shinzo Abe at the U.S. Chamber of Commerce in Washington. Adelson is not in good health and has not being at his company's offices in Las Vegas since around Christmas Day, 2018. Adelson's poor health was revealed Monday, Feb. 25, 2019 by one of his company's attorneys during a court hearing in a years-old case brought by a Hong Kong businessman. Attorney James Jimmerson told the court the condition of the 85-year-old billionaire is dire. (AP Photo/Andrew Harnik, File)
February 28, 2019 - 9:45 pm
LAS VEGAS (AP) — Casino magnate and GOP donor Sheldon Adelson has cancer and has not been at his company's offices in Las Vegas since around Christmas Day. Adelson's poor health was revealed earlier this week by one of his company's attorneys during a court hearing in a years-old case brought by a...
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FILE- In this Feb. 27, 2019 file photo, Michael Cohen, President Donald Trump's former personal lawyer, is sworn in to testify before the House Oversight and Reform Committee on Capitol Hill in Washington. Giving Congress a who's who of President Donald Trump's allies and business associates during his testimony, Cohen rattled off more than a dozen names, providing the committee with a potential roadmap for future hearings. (AP Photo/J. Scott Applewhite, File)
February 28, 2019 - 9:31 pm
NEW YORK (AP) — Michael Cohen gave Congress a who's who of President Donald Trump's allies and business associates during his testimony on Wednesday. Trump's former personal lawyer and fixer rattled off more than a dozen names, giving the House Oversight and Reform Committee a potential roadmap for...
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February 28, 2019 - 7:59 pm
LOS ANGELES (AP) — HBO's longtime chief executive is leaving the cable channel, less than a year after AT&T acquired HBO's parent company. In a memo to HBO staffers Thursday, Richard Plepler said it was the right time for him to leave. The memo was obtained by The Associated Press. During...
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This Thursday, Jan. 14, 2016, file photo shows the sign at the entrance to the headquarters of Sig Sauer, a gun manufacturer based in Newington, N.H. Three former executives of German gun-maker Sig Sauer have gone on trial in Germany on suspicion of illegally selling firearms to Colombia by funneling them through a U.S. sister company. (AP Photo/Lisa Marie Pane, file)
February 27, 2019 - 2:55 pm
BERLIN (AP) — Three former executives at German gun-maker Sig Sauer, including one who became CEO of a sister company in the United States, reached a deal with prosecutors over allegations they illegally exported arms to Colombia and likely won't go to prison, a court official in Germany said...
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February 25, 2019 - 3:12 pm
WASHINGTON (AP) — President Donald Trump announced Monday that American citizen Danny Burch has been freed after 18 months of captivity in Yemen in what the State Department suggested was a rescue operation. In a statement, Trump thanked the United Arab Emirates for its role in reuniting Burch with...
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February 25, 2019 - 7:29 am
BOSTON (AP) — General Electric is selling its biopharma business to Danaher Corp. for $21.4 billion as it continues to sell off chunks of a once sprawling conglomerate. The biopharma unit, part of GE Life Sciences, generated revenue of about $3 billion last year. Danaher said after tax benefits,...
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FILE - In this Oct. 23, 2017, file photo, United States Ambassador to Canada Kelly Knight Craft speaks after presenting her credentials during a ceremony at Rideau Hall in Ottawa. (Adrian Wyld/The Canadian Press via AP)
February 22, 2019 - 8:30 pm
WASHINGTON (AP) — President Donald Trump announced Friday that he has selected Kelly Craft, the U.S. ambassador to Canada, as his nominee to serve as the next U.S. ambassador to the United Nations. Trump said in a pair of tweets that Craft "has done an outstanding job representing our Nation" and...
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