Corporate news

In this April 11, 2018 photo, Brett Smith, CEO of Propeller Airports, left, talks with project engineer Todd Raynes, right, inside the privately-run commercial U.S. airport terminal Smith's company is building at Paine Field in Everett, Wash. Propeller Airports sold $50 million in bonds earlier this year to finance the construction, according to data obtained by The Associated Press. The terminal has commitments from Alaska Airlines, Southwest Airlines and United Airlines for up to 24 daily flights, mostly to destinations in the West and Midwest. (AP Photo/Ted S. Warren)
April 21, 2018 - 12:09 pm
EVERETT, Wash. (AP) — It's not uncommon to see brand new commercial jets flying in and out of Paine Field, just north of Seattle, defying rain and low visibility that define the region. That's because the airport with two runways has for decades served as home to Boeing assembly lines, rolling out...
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April 21, 2018 - 10:40 am
SOCIAL CIRCLE, Ga. (AP) — A Chinese manufacturer has chosen Georgia as the location for its first U.S. plant. Gov. Nathan Deal announced Top Polymer Enterprise plans to build a $15 million manufacturing plant in Social Circle. The company will employ roughly 70 workers. Georgia officials said in a...
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FILE - This Wednesday, Feb. 8, 2017, file photo shows the AT&T sign at a store in Hialeah, Fla. The Justice Department has opened an antitrust investigation into whether AT&T, Verizon and a standards-setting group worked together to stop consumers from easily switching wireless carriers. The companies confirmed the inquiry in separate statements late Friday, April 20, 2018, in response to a report in The New York Times. (AP Photo/Alan Diaz, File)
April 21, 2018 - 2:03 am
NEW YORK (AP) — The Justice Department has opened an antitrust investigation into whether AT&T, Verizon and a standards-setting group worked together to stop consumers from easily switching wireless carriers. The companies confirmed the inquiry in separate statements late Friday in response to...
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FILE- In this April 5, 2018, file photo, an NYSE logo adorns the entrance to the trading floor the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Friday, April 20. (AP Photo/Richard Drew, File)
April 20, 2018 - 4:51 pm
A steep slide in technology companies weighed on U.S. stocks Friday, pulling the market lower for the second day in a row. Losses among retailers, packaged food and beverage makers and other consumer goods companies also helped weigh down the market. Banks rose as bond yields continued to climb,...
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FILE - In this Dec. 3, 2017, file photo, President Donald Trump's White House Senior Adviser Jared Kushner speaks during the Saban Forum 2017 in Washington. The Kushner Cos. confirmed Thursday, April 19, 2018, it was subpoenaed by federal prosecutors for information related to an Associated Press report that the company filed dozens of false documents about its buildings in New York City. The AP report covered a three-year period when the real estate company was run by Jared Kushner, President Donald Trump's son-in-law who is now a senior adviser. ( AP Photo/Jose Luis Magana, File)
April 20, 2018 - 6:28 am
NEW YORK (AP) — The Kushner Cos. has been subpoenaed by federal prosecutors for information related to an Associated Press report that the company filed dozens of false documents about its buildings in New York City. The real estate company issued a statement saying it has "nothing to hide and is...
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April 19, 2018 - 8:45 pm
CANBERRA, Australia (AP) — The AMP's chief executive stepped down on Friday following revelations that Australia's largest wealth manager charged customers for financial services they never received and misled the industry watchdog. Craig Meller has become the first corporate casualty of a...
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April 19, 2018 - 8:00 pm
WASHINGTON (AP) — Finance ministers from several Latin American nations as well as the U.S. and Europe have agreed to work jointly to locate and seize the proceeds arising from corruption by Venezuelan government insiders, two U.S. Treasury officials said Thursday. The decision came at a Washington...
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New York Stock Exchange Global Head of Listings John Tuttle, right, watches as GrafTech International Ltd. CEO Dave Rintoul, left, breaks the gavel as Rintoul rings a ceremonial bell to mark his company's IPO, Thursday, April 19, 2018. (AP Photo/Richard Drew)
April 19, 2018 - 5:49 pm
Losses among technology and consumer products companies weighed on U.S. stocks Thursday, snapping a three-day winning streak for the market. Banks bucked the trend, rising along with bond yields. Energy companies also eked out a slight gain, despite a late-afternoon downturn in oil prices. The...
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FILE - In this July 24, 2004, file pool photo, overall leader Lance Armstrong, right, of Austin, Texas, follows compatriot and teammate Floyd Landis, left, in the ascent of the La Croix Fry pass during the 17th stage of the Tour de France cycling race between Bourg-d'Oisans and Le Grand Bornand, French Alps. Armstrong, on Thursday, April 19, 2018, has reached a $5 million settlement with the federal government in a whistleblower lawsuit that could have sought $100 million in damages from the cyclist who was stripped of his record seven Tour de France victories after admitting he used performance-enhancing drugs throughout much of his career. (Bernard Papon/Pool Photo via AP, File)
April 19, 2018 - 5:47 pm
AUSTIN, Texas (AP) — Lance Armstrong reached a $5 million settlement with the federal government in a whistleblower lawsuit that could have sought $100 million in damages from the cyclist who was stripped of his record seven Tour de France victories after admitting he used performance-enhancing...
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April 19, 2018 - 4:42 pm
NEW YORK (AP) — Mattel Inc. says that its CEO Margo Georgiadis is stepping down to pursue a new opportunity in the tech sector. The toy giant, based in El Segundo, California, says the board has named Ynon Kreiz, a Mattel director since June 2017 as her successor, effective April 26. Mattel says...
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