Corporate news

FILE - In this June 28, 2020 file photo, Texas State's Attorney General Ken Paxton waits on the flight line for the arrival of Vice President Mike Pence at Love Field in Dallas. The lawyer Texas Attorney General Ken Paxton hired to investigate a political donor's claims of wrongdoing by the FBI has no prosecutorial experience and ties to the donor’s defense attorney. Paxton’s hiring of an "outside independent prosecutor” to probe developer Nate Paul's claims led Paxton's top deputies to accuse him of bribery and abuse of office. (AP Photo/Tony Gutierrez File)
October 08, 2020 - 2:14 pm
DALLAS (AP) — When Texas’ attorney general needed someone to probe a claim by one of his wealthy political donors alleging crimes by the FBI, he turned to a junior Houston lawyer with no prosecutorial experience, a modest criminal defense practice and ties to the donor’s defense attorney...
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The TIPCO tower stands in Bangkok, Thailand, Wednesday, Sept. 2, 2020. One of Asia's biggest asphalt companies, Tipco Asphalt, is helping Venezuela skirt harsh U.S. sanctions by moving hundreds of millions of dollars on behalf of the state-run oil company PDVSA, according to an Associated Press investigation. (AP Photo/Gemunu Amarasinghe)
October 08, 2020 - 7:31 am
MIAMI (AP) — Back in January, a yearlong campaign of U.S. sanctions was taking its toll at Venezuela’s state-run oil company. Many of PDVSA’s overseas bank accounts had been frozen or closed, hampering its ability to pay vendors on whom it relies to keep the nation’s crude flowing. So, as the bills...
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The Main Street Philharmonic marching band performs in the Magic Kingdom at Walt Disney World, in Lake Buena Vista, Fla., Wednesday, Sept. 30, 2020. The Walt Disney Co. announced Tuesday that it is planning to lay off 28,000 workers in its theme parks division in California and Florida. The company has been squeezed by limits on attendance at its parks and other restrictions due to the pandemic. (Joe Burbank/Orlando Sentinel via AP)
October 07, 2020 - 4:47 pm
ORLANDO, Fla. (AP) — About 8,800 part-time union workers at Walt Disney World in Florida will be part of the 28,000 layoffs in Disney's parks division in California and Florida, union officials said Wednesday. The addition of the union workers to nearly 6,500 nonunion layoffs already announced...
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October 07, 2020 - 12:50 pm
SAN JUAN, Puerto Rico (AP) — The White House said Wednesday that U.S. President Donald Trump plans to appoint a man who once advised creditors in financial disputes involving Puerto Rico and Argentina to a federal control board overseeing the U.S. territory's finances. Justin Peterson is expected...
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Russian President Vladimir Putin, left, listens to Russian gas monopoly Gazprom Head, Alexei Miller during their meeting in Moscow, Russia, Wednesday, Sept. 16, 2020. (Mikhail Klimentyev, Sputnik, Kremlin Pool Photo via AP)
October 07, 2020 - 6:48 am
WARSAW, Poland (AP) — Polish antitrust authorities have fined Russia's state-owned energy giant Gazprom $7.6 billion (6.5 billion euros) for building the Nord Stream 2 gas pipeline to Germany, saying the project hurts Polish consumers and increases Europe’s dependence on Russian imports. Gazprom...
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A woman wears a face mask as she sits on a bus, in London, Wednesday, Oct. 7, 2020. Like other countries in Europe, the U.K. has seen rising coronavirus infections over the past few weeks, which has prompted the government to announce a series of restrictions, both nationally and locally, to keep a lid on infections. (AP Photo/Alberto Pezzali)
October 07, 2020 - 5:22 am
LONDON (AP) — Swiss pharmaceutical firm Roche said Wednesday that problems at a U.K. warehouse are delaying shipments of testing products to clinics and hospitals, triggering concerns that COVID-19 testing may be disrupted as infection rates rise around Britain. Roche informed doctors about the...
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FILE - This file combination of 2019-2020 photos shows Amazon CEO Jeff Bezos, Apple CEO Tim Cook, Google CEO Sundar Pichai and Facebook CEO Mark Zuckerberg. In a report issued Tuesday, Oct. 6, 2020, Democratic lawmakers called for Congress to rein in Big Tech, possibly forcing Facebook, Google, Amazon and Apple to sever their dominant platforms from their other lines of business and imposing new uniformity on the terms they offer users. (AP Photo/Pablo Martinez Monsivais, Evan Vucci, Jeff Chiu, Jens Meyer, File)
October 06, 2020 - 7:12 pm
WASHINGTON (AP) — Democratic lawmakers are calling for Congress to rein in Big Tech, possibly forcing Facebook, Google, Amazon and Apple to break up their businesses, while making it harder for them to acquire others and imposing new rules to safeguard competition. The proposals in a report issued...
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October 06, 2020 - 6:57 pm
After years of calling Big Tech too big, Democratic lawmakers are calling for Congress to rein in Facebook, Google, Amazon and Apple by breaking them up, limiting future mergers and blocking self-dealing that could hurt competitors. Those proposals are in a 450-page report issued Tuesday by a House...
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FILE - In this July 27, 2020, file photo, Nurse Kathe Olmstead prepares a shot that is part of a possible COVID-19 vaccine, developed by the National Institutes of Health and Moderna Inc., in Binghamton, N.Y. The Food and Drug Administration laid out updated safety standards Tuesday, Oct. 6, for makers of COVID-19 vaccines after the White House blocked their formal release, the latest political tug-of-war between the Trump administration and the government’s public health scientists. (AP Photo/Hans Pennink, File)
October 06, 2020 - 2:59 pm
WASHINGTON (AP) — The Food and Drug Administration released updated safety standards Tuesday for makers of COVID-19 vaccines after the White House blocked their formal release, the latest political tug-of-war between the Trump administration and the government’s public health scientists. In the new...
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Australia's Treasurer Josh Frydenberg is photographed outside The Treasury in Canberra, Monday, Oct. 5, 2020. The Australian government will reveal a big spending financial blueprint for the next few years that will drive business investment and job creation while repairing pandemic damage to the economy. (Mick Tsikas/AAP Image via AP)
October 06, 2020 - 4:22 am
CANBERRA, Australia (AP) — The Australian government on Tuesday announced plans to cut income taxes, create jobs for young people and stimulate business investment with a raft of pandemic measures that would create a record 214 billion Australian dollar ($153 billion) deficit in the current fiscal...
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