Tag: Corporate news
Samsung thrives as Seoul mulls pardon of corporate heir
<p>SEOUL, South Korea — Pressure is mounting on South Korean President Moon Jae-in to pardon Samsung heir Lee Jae-yong, who is back in prison...
Poland’s main Belchatow power plant crippled by outage
<p>WARSAW, Poland — Energy experts were working Tuesday to restore full operations at Poland’s biggest power plant, the lignite coal-fueled Belchatow, after an energy...
California places Tesla’s ‘Full Self-Driving’ under review
LOS ANGELES — California's Department of Motor Vehicles is reviewing whether Tesla is violating a state regulation by advertising its vehicles as being fully...
Germany arrests businessman over dual-use exports to Russia
<p>BERLIN — A businessman suspected of helping Russia purchase sophisticated machinery in breach of arms export rules has been detained in Germany, prosecutors said...
AP source: NTSB chairman to step down at end of June
WASHINGTON — The chairman of the National Transportation Safety Board will step down from his position at the end of June, and the Biden...
Walmart blows past expectations for the first quarter
<p>NEW YORK — Walmart blew past Wall Street projections in the first quarter with U.S. stimulus payments to Americans helping to boost sales and...
Prison group sues to keep immigrant detention center open
SEATTLE — Private prison corporation GEO Group has sued Washington state, saying a new law mandating the closure of the immigrant detention center it...
JPMorgan elevates 2 women to run bank’s biggest division
<p>NEW YORK — JPMorgan Chase will promote two women to jointly manage the bank's consumer finance division — the bank's biggest business by far...
Sanofi-GSK reports success in virus vaccine, after setback
<p>PARIS — Sanofi and GlaxoSmithKline’s potential COVID-19 vaccine triggered strong immune responses in all adult age groups in preliminary trials, boosting optimism the shot...
Indonesia’s Gojek, Tokopedia to merge as GoTo Group
<p>SINGAPORE — Indonesian ride hailing company Gojek and e-commerce firm Tokopedia said Monday that they are merging to form the GoTo Group. </p>
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