Tag: Corporate news
How companies rip off poor employees — and get away with it
<p>Already battered by long shifts and high infection rates, essential workers struggling through the pandemic face another hazard of hard times: employers who steal...
Gap to sell Intermix clothing chain to private equity firm.
NEW YORK — Gap Inc. has signed a deal to sell the upscale clothing chain Intermix to private equity firm Altamont Capital Partners.
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CVS ups outlook after a slow start to the year
<p>The Associated Press — CVS Health beat Wall Street expectations and after releasing projections earlier this year that disappointed analysts, a new outlook Tuesday...
Pfizer ups expectations for the year
<p>Pfizer is raising its revenue expectations for the year with a huge roll out of its COVID-19 vaccine as well as strong performances from...
Food of the future? EU nations put mealworms on the menu
<p>BRUSSELS — Dried yellow mealworms could soon be hitting supermarket shelves and restaurants across Europe.</p>
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CVS ups outlook after a slow start to the year
The Associated Press — CVS Health beat Wall Street expectations and after releasing projections earlier this year that disappointed analysts, a new outlook Tuesday...
Ferrari 1Q profits rebound, postpones 2022 targets
<p>MILAN — Italian luxury sportscar maker Ferrari announced Tuesday that it won’t hit 2022 financial targets due to the impact of the coronavirus pandemic,...
Hyundai recalls over 390K vehicles for possible engine fires
<p>DETROIT — Hyundai is recalling more than 390,000 vehicles in the U.S. and Canada for two problems that can cause engine fires. In one...
Chicago Auto Show to return in July after coronavirus hiatus
<p>CHICAGO — Standing in the massive convention center that was turned into a <a href="https://apnews.com/article/a90f134a8eb38d410caa24ef74fb3db8">COVID-19 field hospital</a> almost a year ago, Chicago's mayor and...
Oil pipeline builder agrees to halt eminent domain lawsuits
<p>MEMPHIS, Tenn. — A company seeking to build a disputed oil pipeline over an aquifer that provides drinking water to 1 million people agreed...