Tag: Corporate news
Why are Olympics going on despite public, medical warnings?
TOKYO — Public sentiment in Japan has been generally opposed to holding the Tokyo Olympics and Paralympics, partly based on fears the coronavirus will...
Jimmy Kimmel to be title sponsor of inaugural LA Bowl
LOS ANGELES — The LA Bowl has found a big name to be its very first title sponsor: ABC talk show host Jimmy Kimmel.
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CureVac: Vaccine data are ‘sobering,’ full results in weeks
BERLIN — The chief executive of CureVac said Thursday that interim results from late-stage testing of its coronavirus shot are “sobering,” but the German...
Lordstown Motors reverses, says it has no firm truck orders
TOLEDO, Ohio — Struggling electric truck maker Lordstown Motors said Thursday it doesn't have any firm orders for its vehicles, just days after its...
Case to make GEO pay detainees minimum wage ends in mistrial
SEATTLE — A trial over whether the GEO Group must pay minimum wage — instead of $1 a day — to immigration detainees who...
DOJ sues to block AON’s $30B acquisition of Willis Towers
WASHINGTON — The Biden administration has sued to block the merger of two of the world's largest insurance brokers, asserting the deal could eliminate...
Florida Power & Light will demolish 495-foot chimney stack
INDIANTOWN, Fla. — Florida Power & Light is scheduled to implode the 495 -foot (150-meter) chimney stack of its last coal-fired generating plant on...
China says nuclear fuel rods damaged, no radiation leak
BEIJING — A Chinese nuclear power plant near Hong Kong had five broken fuel rods in a reactor but no radioactivity leaked, the government...
GM to spend more on electric vehicles, add 2 battery plants
DETROIT — General Motors will raise its spending on electric and autonomous vehicles and add two U.S. battery factories as it gambles that consumers...
Southern Baptists vote to debate sex abuse investigation
NASHVILLE, Tenn. — Delegates at the Southern Baptist Convention's annual meeting voted overwhelmingly Wednesday to have a floor debate on a proposed investigation into...