Corporate news

In this Sept. 23, 2019, photo shoppers examine refrigerators at a Home Depot store location, in Boston. On Wednesday, Oct. 16, the Commerce Department releases U.S. retail sales data for September. (AP Photo/Steven Senne)
October 16, 2019 - 9:56 am
WASHINGTON (AP) — Retail sales dropped in September by the largest amount in seven months, possibly signaling that rising trade tensions and turbulent markets are having an impact on consumer spending. Retail sales fell 0.3% last month following a 0.6% gain in August, the Commerce Department...
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Chinese investors react as they monitor stock prices at a brokerage house in Beijing, Wednesday, Oct. 16, 2019. Asian shares were higher Wednesday after a gain on Wall Street boosted by healthy earnings reports from U.S. companies. (AP Photo/Andy Wong)
October 16, 2019 - 5:30 am
TOKYO (AP) — Global shares were mixed Wednesday after a Wall Street rally driven by healthy earnings reports from U.S. companies. France's CAC 40 was down nearly 0.2% in early trading at 5,691.75. Germany's DAX was unchanged at 12,629.82. Britain's FTSE 100 fell 0.3% to 7,189.08. U.S. shares were...
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October 16, 2019 - 4:44 am
AMSTERDAM (AP) — Signify, the Dutch company formerly known as Philips Lighting, says it is buying Cooper Lighting Solutions from Eaton Corp. for $1.4 billion (1.27 billion euros) in a move intended to strengthen its position in the North American market. Signify said late Tuesday that the deal is...
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Democratic presidential candidate Sen. Kamala Harris, D-Calif., left, and Sen. Bernie Sanders, I-Vt., gesture to each other during a Democratic presidential primary debate hosted by CNN/New York Times at Otterbein University, Tuesday, Oct. 15, 2019, in Westerville, Ohio. (AP Photo/John Minchillo)
October 15, 2019 - 11:20 pm
WESTERVILLE, Ohio (AP) — The Latest on the fourth Democratic presidential debate (all times local): 11:15 p.m. The final question at the fourth Democratic presidential debate challenged candidates to share examples of surprising friendships they've had and how it's affected them. The question on...
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FILE - In this Oct. 9, 2019, file photo a member of the United Auto Workers walks the picket line at the General Motors Romulus Powertrain plant in Romulus, Mich. General Motors CEO Mary Barra joined negotiators at the bargaining table Tuesday, Oct. 15, an indication that a deal may be near to end a monthlong strike by members of the United Auto Workers union that has paralyzed the company’s factories. (AP Photo/Paul Sancya, File)
October 15, 2019 - 4:35 pm
DETROIT (AP) — General Motors CEO Mary Barra joined negotiators at the bargaining table, an indication that a deal may be near to end a monthlong strike by the United Auto Workers union that has paralyzed the company's factories. Barra and GM President Mark Reuss were in the bargaining room early...
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FILE - In this Oct. 8, 2019, file photo trader Mark Puetzer, center, works on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Tuesday, Oct. 15. (AP Photo/Richard Drew, File)
October 15, 2019 - 4:32 pm
Stocks notched solid gains on Wall Street Tuesday as investors welcomed surprisingly good quarterly results from some of the nation's biggest companies. Strong earnings from UnitedHealth Group, JPMorgan Chase and other companies helped power the market's broad gains, erasing modest losses from a...
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FILE - This Tuesday, Oct. 16, 2012, file photo, shows a portion of the UnitedHealth Group Inc.'s campus in Minnetonka, Minn. UnitedHealth Group reports financial results Tuesday, Oct. 14, 2019. (AP Photo/Jim Mone, File)
October 15, 2019 - 12:50 pm
UnitedHealth Group raised its 2019 forecast and detailed another better-than-expected quarter Tuesday, but shares soared after company leaders mentioned next year's growth prospects. CEO David Wichmann told analysts it would be "reasonable and prudent" for them to set initial expectations for core...
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FILE- This Nov. 14, 2018, file photo shows Lubriderm, a Johnson & Johnson product, on display at a market in Pittsburgh. Johnson & Johnson reports financial results Tuesday, Oct. 14, 2019. (AP Photo/Gene J. Puskar, File)
October 15, 2019 - 10:56 am
NEW BRUNSWICK, N.J. (AP) — Johnson & Johnson's third-quarter profit jumped 23%, beating Wall Street forecasts, thanks to higher sales of its key medicines for cancer and immune disorders and an acquisition-related charge a year earlier. The world's biggest maker of health care products also...
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FILE - This Nov. 29, 2018, file photo shows a Wells Fargo bank location in Philadelphia. Wells Fargo & Co. reports financial results Tuesday, Oct. 14, 2019. (AP Photo/Matt Rourke, File)
October 15, 2019 - 9:24 am
WASHINGTON (AP) — Wells Fargo's net income in the third quarter fell 23% to $4.61 billion, as the banking giant struggles to get past scandals over sales practices in its retail division. The bank, based in San Francisco, said Tuesday that its earnings fell to 92 cents per share from $1.13 per...
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Police officers cross a wall at a crime scene in Halle, Germany, Wednesday, Oct. 9, 2019 after a shooting incident. A gunman fired several shots on Wednesday in the German city of Halle. Police say a person has been arrested after a shooting that left two people dead. (Sebastian Willnow/dpa via AP)
October 15, 2019 - 2:04 am
BERLIN (AP) — Germany's security services are seeking greater powers to fight the kind of far-right extremism behind last week's synagogue attack, including requiring internet companies to report illegal hate speech. The heads of Germany's domestic intelligence service BfV and the Federal Criminal...
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