Tag: Corporate news
As fears about climate grow, Siemens CEO sees opportunities
DETROIT — As the world increasingly focuses attention on climate change, Roland Busch, the CEO of Siemens AG, says his company is well-positioned to...
After Branson flight, Virgin Galactic slumps on stock sale
Virgin Galactic shares veered sharply lower Monday after the spaceflight company said it’s made arrangements to sell up to $500 million in stock.
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Volvo to resume production at Virginia plant despite strike
DUBLIN, Va. — Volvo Trucks North America says it will restart production at a plant in southwestern Virginia on Monday despite an ongoing strike...
Pesticide caused kids’ brain damage, California lawsuits say
SACRAMENTO, Calif. — Lawsuits filed Monday in California seek potential class-action damages from Dow Chemical and its successor company over a widely used bug...
Medicare evaluating coverage for $56,000 Alzheimer’s drug
WASHINGTON — Medicare on Monday launched a formal process to decide whether to cover Aduhelm, the new Alzheimer's drug whose $56,000-a-year price tag and...
This Week: Delta earns, industrial production, retail sales
A look at some of the key business events and economic indicators upcoming this week:
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Trial to begin for suspended Georgia insurance commissioner
ATLANTA — More than two years after he was accused of defrauding his former employer of more than $2 million and indicted on federal...
Musk under fire again: CEO to testify over Tesla acquisition
In the runup to Tesla Inc.'s 2016 acquisition of a company called SolarCity, Elon Musk hailed the deal as a “no brainer" — a...
Nordstrom buys minority share in 4 UK fashion brands
NEW YORK — Nordstrom says it's acquiring a minority interest in four fashion brands owned by a British company called Asos as the department...
Historic Warsaw store, seeking rebirth, hit by pandemic
WARSAW, Poland — The Jablkowski Brothers Department Store was once a Warsaw landmark that revolutionized shopping and brought goods to a modernizing society in...