Tag: Corporate news
Feds dropping case against former Wilmington Trust execs
DOVER, Del. — After being dealt a stunning setback by an appeals court, federal prosecutors in Delaware have declined to retry four former executives...
New US rules to protect animal farmers expected this week
OMAHA, Neb. — The Biden administration plans to issue a new rule to protect the rights of farmers who raise cows, chickens and hogs...
Vauxhall owner to invest $138M in UK to make electric cars
LONDON — Vauxhall’s parent company announced Tuesday that it will invest 100 million pounds ($138 million) to make electric vans and cars at its...
911 callers urge help for hockey player killed by fireworks
A woman told a 911 dispatcher that Columbus Blue Jackets goaltender Matiss Kivlenieks was “getting ready to go into convulsions” after he was struck...
Bidding war speculation gives UK’s Morrisons shares a boost
LONDON — Shares in British supermarket chain Morrisons spiked by 11% on Monday as investors priced in the possibility of a bidding war for...
Amazon begins new chapter as Bezos hands over CEO role
NEW YORK — Amazon founder Jeff Bezos stepped down as CEO on Monday, handing over the reins as the company navigates the challenges of...
Fugitive extradited to Turkey to face Ponzi scheme charges
ISTANBUL — A Turkish national on the run after allegedly embezzling money from thousands of people in a Ponzi scheme has been extradited to...
Iran reimposes virus restrictions as delta variant spreads
TEHRAN, Iran — Iran announced Sunday it was reimposing coronavirus restrictions on major cities, as the spread of the highly contagious delta variant spurs...
6 months after Capitol assault, corporate pledges fall flat
PROVIDENCE, R.I. — As shockwaves spread across the country from the Jan. 6 insurrection at the U.S. Capitol, corporate America took a stand against...