Ownership changes

June 02, 2019 - 12:24 pm
BUDAPEST, Hungary (AP) — A few thousand mostly academics and students held a protest march against a plan by Prime Minister Viktor Orban's government to seize control of the research network of the Hungarian Academy of Sciences. Critics say the government plan threatens academic freedom and...
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FILE - In this March 12, 2019, file photo, Renault Chairman Jean-Dominique Senard, left, speaks as Nissan CEO Hiroto Saikawa listens during a joint press conference at the Nissan headquarters in Yokohama, near Tokyo. Fiat Chrysler’s proposal to merge with Renault was presented to Nissan on Wednesday, May 29, adding another big question to the list of uncertainties facing the Japanese automaker. (AP Photo/Eugene Hoshiko, File)
May 29, 2019 - 2:53 am
TOKYO (AP) — Fiat Chrysler's proposal to merge with Renault was presented to Nissan on Wednesday, adding another big question to the list of uncertainties facing the Japanese automaker. Nissan Motor Co. has been slammed with nose-diving profits and a tarnished reputation since the arrest of its...
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An issue of Sports Illustrated is displayed on a newsstand, Tuesday, May 28, 2019 in New York. Authentic Brands Group, which manages retail names like Juicy Couture and Nautica, is buying the sports magazine for $110 million. (AP Photo/Mark Lennihan)
May 28, 2019 - 2:39 pm
NEW YORK (AP) — Sports Illustrated magazine has been sold for $110 million to a company that specializes in managing fashion, entertainment and sports brands, including marketing rights to Shaquille O'Neal and Muhammad Ali. The seller, Meredith Corp., will continue running the print edition and the...
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FILE - In this Feb. 14, 2019, file photo, this is the Fiat logo is mounted on a 2019 500 L on display at the 2019 Pittsburgh International Auto Show in Pittsburgh. Fiat Chrysler is proposing a merger with French carmaker Renault aimed at saving billions of dollars for both companies. (AP Photo/Gene J. Puskar, File)
May 27, 2019 - 4:12 pm
PARIS (AP) — Fiat Chrysler proposed on Monday to merge with France's Renault to create the world's third-biggest automaker, worth $40 billion, and combine forces in the race to make electric and autonomous vehicles. The merged company would reshape the global industry: it would produce some 8.7...
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FILE - In this April 12, 2019 file photo, Federal Communications Commission Chairman Ajit Pai speaks during an event with President Donald Trump on the deployment of 5G technology in the United States, in the Roosevelt Room of the White House, in Washington. Pai says he plans to recommend the agency approve the $26.5 billion merger of wireless carriers T-Mobile and Sprint, saying it’ll speed up 5G deployment in the U.S. Pai also said Monday, May 20 that the combination will help bring faster mobile broadband to rural Americans. (AP Photo/Evan Vucci, File)
May 20, 2019 - 4:01 pm
NEW YORK (AP) — A key federal regulator says he backs T-Mobile's $26.5 billion takeover of rival wireless carrier Sprint, a crucial step for the deal's approval. Federal Communications Commission Chairman Ajit Pai said Monday he supported the deal because the two companies promised to expand mobile...
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FILE - This June 27, 2015, file photo, shows the Hulu logo on a window at the Milk Studios space in New York. Disney has struck a deal with Comcast that gives it full control of streaming service Hulu. The companies said Tuesday, May 14, 2019, that as early as January 2024 Comcast can require Disney to buy NBCUniversal’s 33% interest in Hulu and Disney can require NBCUniversal to sell that stake to Disney for its fair market value at that future time. (AP Photo/Dan Goodman, File)
May 14, 2019 - 2:13 pm
NEW YORK (AP) — Disney is taking full control of Hulu from Comcast, as both companies prepare to launch their own streaming services in response to declining audiences for traditional TV. The companies said Tuesday that Comcast, which owns a third of Hulu, can sell its stake to Disney starting in...
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May 13, 2019 - 3:04 pm
MOSCOW (AP) — A Ukrainian court has rejected an appeal of a lower court ruling that said the nationalization of the country's largest commercial bank had been illegal. Ukraine's central bank requested the appeal refused Monday. The National Bank of Ukraine said it would ask a higher appeals court...
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May 10, 2019 - 7:55 am
MILTON, Del. (AP) — Delaware-based craft beer company Dogfish Head Brewery is being acquired by the Boston-based brewer of Sam Adams beer in a $300 million cash and stock deal. The Boston Beer Company announced Thursday that it had entered into definitive agreements to acquire all of the equity...
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FILE - In this June 15, 2018, file photo, the Winston razor and Harry's face lotion are on display at the headquarters of Harry's Inc., in New York. Harry's, the upstart shaving company, is being acquired by the owner of Schick razors for $1.37 billion, which was announced Thursday, May 9, 2019. (AP Photo/Mary Altaffer, File)
May 09, 2019 - 1:27 pm
NEW YORK (AP) — If you can't beat them, join them. The owner of Schick razors is acquiring upstart shaving company Harry's for $1.37 billion, continuing a trend of consolidation in the shaving industry, where established brands have struggled with the rise of digital-savvy newcomers. About 79% of...
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Ohio Gov. Mike DeWine speaks on the cellphone with GM CEO Mary Barra, Wednesday, May 8, 2019, at the Ohio Statehouse in Columbus, about the company's plans to sell its shuttered factory in Lordstown, Ohio, to a company that builds electric trucks. DeWine, a Republican, said he wanted to hear more details about the plan, including the reaction of the UAW, but said the potential project was better than the plant sitting idle. (AP Photo/Andrew Welsh-Huggins)
May 08, 2019 - 12:36 pm
DETROIT (AP) — General Motors is negotiating the sale of its shuttered factory in Lordstown, Ohio, to a company that builds electric trucks. The company confirmed Wednesday that it's in talks with Cincinnati-based Workhorse Group to sell the huge facility, and also announced plans to invest $700...
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