Ownership changes

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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December 10, 2019 - 5:46 am
LONDON (AP) — Food delivery company Just Eat rejected a sweetened takeover bid from investment firm Prosus on Tuesday, saying that the 5 billion pound ($6.6 billion) offer still “significantly undervalues” the company. Prosus N.V., which is owned by the wealthy South African investment group...
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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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FILE - This Oct. 16, 2019, file photo shows a sign at a General Motors facility in Langhorne, Pa. General Motors and Korea's LG Chem have formed a joint venture to build an electric vehicle battery cell factory near Lordstown, Ohio, east of Cleveland. (AP Photo/Matt Rourke, File)
December 05, 2019 - 6:24 pm
WARREN, Mich. (AP) — General Motors and Korea's LG Chem have formed a joint venture to build an electric vehicle battery cell factory near Lordstown, Ohio, east of Cleveland. The companies also will work together on battery technology to bring down the cost for future GM electric vehicles. The new...
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FILE - In this Nov. 3, 2019, file photo, a man walks past a compound for Saudi Aramco in Jiddah, Saudi Arabia. Saudi Arabia's state-owned oil company Aramco on Thursday, Dec. 5, set a share price for its IPO, that puts the value of the company at $1.7 trillion, more than Apple or Microsoft. (AP Photo/Amr Nabil, File)
December 05, 2019 - 3:07 pm
DUBAI, United Arab Emirates (AP) — Saudi Arabia's state-owned oil company Aramco on Thursday set a share price for its IPO — expected to be the biggest ever — that puts the value of the company at $1.7 trillion, more than Apple or Microsoft. The company said it will sell its shares at 32 riyals ($8...
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FILE -In this Jan. 9, 2018, file photo, people walk by the Panasonic booth during CES International in Las Vegas. Japanese electronics manufacturer Panasonic Corp. is abandoning the semiconductor business with the sale of its last business in that sector to a Taiwanese company. Panasonic said Thursday it was transferring the semiconductor business operated by Panasonic Semiconductor Solutions Co. to Nuvoton Technology Corp. (AP Photo/John Locher)
November 28, 2019 - 3:07 am
TOKYO (AP) — Japanese electronics manufacturer Panasonic Corp. is abandoning the semiconductor business with the sale of its last business in that sector to a Taiwanese company. Panasonic said Thursday it was transferring the semiconductor business operated by Panasonic Semiconductor Solutions Co...
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FILE - This July 14, 2010, file photo, shows a Charles Schwab office in Oakland, Calif. Charles Schwab is buying rival TD Ameritrade for $26 billion, a blockbuster deal accelerated by disruption in the online brokerage industry. The tie-up announced Monday, Nov. 25, 2019, would create a company so big, however, that it may draw sharp scrutiny from antitrust regulators.(AP Photo/Paul Sakuma, File)
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November 25, 2019 - 1:54 pm
NEW YORK (AP) — Charles Schwab is buying rival TD Ameritrade in a $26 billion stock swap, a blockbuster agreement brought about by massive disruption in the online brokerage industry. Bowing to competitive pressure, brokerages have made it free for customers to trade U.S. stocks online. A...
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FILE - In this May 22, 2017 file photo, a gift box from Tiffany & Co. is arranged for a photo in Surfside, Fla. French luxury giant LVMH Moet Hennessy Louis Vuitton said Monday Nov. 25, 2019, it has reached a deal to buy U.S.-based jewelry legend Tiffany & Co for $16.2 billion. (AP Photo/Wilfredo Lee, File)
November 25, 2019 - 12:27 pm
PARIS (AP) — French luxury group LVMH has agreed to buy New York jeweler Tiffany & Co. for $16.2 billion, adding a famed star to its portfolio that already boasts Louis Vuitton, Christian Dior and Bulgari. LVMH said in a statement Monday it will take over the 182-year old Tiffany and its 300...
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November 25, 2019 - 4:25 am
THE HAGUE, Netherlands (AP) — Dutch energy company Eneco says it has agreed to a proposed 4.1 billion-euro ($4.5 billion) takeover by Japanese corporations Mitsubishi and Chubu. Eneco said in a statement Monday that Mitsubishi will fund 80% of the deal and Chubu the remaining 20%. The company,...
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