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Stories with subject: Corporate news
  • Caesars gets momentary reprieve in New York lawsuit ruling 
    Updated: Aug-27-15 9:58 pm

    LAS VEGAS - Caesars Entertainment Corp. can breathe a bit easier after a New York federal judge denied the company's bondholders a quick judgment in their pursuit for nearly $7 billion they say they're owed.

  • Oregon seeks proposals to open up to 17 new liquor stores 
    Updated: Aug-27-15 9:13 pm

    PORTLAND, Oregon - The Oregon Liquor Control Commission voted Wednesday to accept proposals for up to 17 new liquor stores in the Portland metro area.

  • Amgen wins approval for second biotech cholesterol drug 
    Updated: Aug-27-15 9:12 pm

    WASHINGTON - Amgen Inc. has won federal approval for the second medicine in a new class of pricey biotech drugs that reduce artery-clogging cholesterol more than older statin drugs that have been used for decades.

  • Patterson Cos. reports 1Q profit of $29.7 million 
    Updated: Aug-27-15 8:50 pm

    ST. PAUL, Minnesota - Patterson Cos. on Thursday reported fiscal first-quarter profit of $29.7 million.

  • Shell Chemicals to pay $485,000 historic preservation 
    Updated: Aug-27-15 8:07 pm

    MONACA, Pennsylvania - Shell Chemicals is paying $485,000 to various agencies for historic preservation purposes in western Pennsylvania as it considers whether to build a petrochemical plant there.

  • Contact lens makers take fight over price law to court story has photos
    Updated: Aug-27-15 7:31 pm

    DENVER - Contact lens makers struggled Thursday to defend their pricing policies in a federal appeals case that could have wide-ranging effects on the $4 billion industry.

  • Ruling could ease way for unionizing at fast-food chains 
    Updated: Aug-27-15 6:40 pm

    NEW YORK - It could be easier for unions to bargain for better pay and working conditions on behalf of millions of workers at McDonald's, Burger King and other fast-food chains after a National Labor Relations Board ruling on Thursday.

  • Movado rebounds as 2Q results top analyst estimates 
    Updated: Aug-27-15 6:31 pm

    PARAMUS, New Jersey - Shares of Movado Group surged 21 percent Thursday after the luxury watchmaker's second-quarter results surpassed Wall Street expectations.

  • Delaware lawmakers eye budget vote procedures 
    Updated: Aug-27-15 6:02 pm

    NEW CASTLE, Delaware - Democratic leaders of the legislature's budget-writing committee don't seem interested in changing voting requirements for passage of the state's annual spending plan.

  • Los Angeles Marathon gets new sponsor 
    Updated: Aug-27-15 5:55 pm

    LOS ANGELES - The Los Angeles Marathon has a new sponsor.

  • Sprint offers DirecTV customers free year of phone service story has photos
    Updated: Aug-27-15 5:46 pm

    NEW YORK - Sprint is offering DirecTV customers one free year of cellphone service in a bold move aimed at the satellite TV company's new owner, AT&T.

  • Freeport-McMoRan cuts more spending; Icahn discloses stake 
    Updated: Aug-27-15 5:43 pm

    PHOENIX - Activist investor Carl Icahn said late Thursday that he has taken an 8.5-percent stake in Freeport-McMoRan, just hours after the mining company announced cost cuts and lower spending in response to declining copper prices and soft economic conditions worldwide.

  • Deal to develop parkland near dunes riles conservationists story has photos
    Updated: Aug-27-15 5:22 pm

    INDIANAPOLIS - The parkland surrounding Indiana's towering dunes was intended to keep industry away from a geological marvel molded over thousands of years at the southern tip of Lake Michigan.

  • Ex-lawmaker's role in Iowa Medicaid bidding faces criticism 
    Updated: Aug-27-15 5:11 pm

    IOWA CITY, Iowa - A former lawmaker's role is casting doubt on the process used to select companies to manage Iowa Medicaid, with one losing vendor alleging she provided an unfair advantage to a winning bidder after working as a state contractor.

  • Jury: Cable company largely responsible in fatal blast story has photos
    Updated: Aug-27-15 4:59 pm

    KANSAS CITY, Missouri - Time Warner Cable must pay nearly $6 million as part of a lawsuit alleging it was largely responsible for a fatal natural gas explosion that leveled an upscale Kansas City restaurant, jurors ruled Thursday.

  • Dole Food CEO, former top exec ordered to pay $148M 
    Updated: Aug-27-15 4:40 pm

    DOVER, Delaware - A Delaware judge on Thursday ordered 92-year-old Dole Food CEO David Murdock and a former top lieutenant to pay $148 million in damages for misleading directors and shareholders in a deal that took the company private in 2013.

  • FDA lays out proposal for naming lower-cost biotech drugs 
    Updated: Aug-27-15 4:00 pm

    WASHINGTON - The Food and Drug Administration released its proposal Thursday for naming lower-cost biotech drugs, a critical step in creating a market for the new class of medicines.

  • US regulators, Millstone nuke plant settle dispute 
    Updated: Aug-27-15 3:59 pm

    WATERFORD, Connecticut - The parent company of Connecticut's nuclear plant and federal regulators have reached a settlement over the plant operator's decision, without regulatory approval, to halt the use of a safety-related pump in the event of a severe accident.

  • Google rejects EU anti-trust allegations as flawed 
    Updated: Aug-27-15 3:40 pm

    BRUSSELS - Google rejected on Thursday a complaint by Europe's competition watchdog that the Internet giant is abusing its dominance in Web searches to promote its own products.

  • Apple schedules new product event for Sept. 9 story has photos
    Updated: Aug-27-15 3:39 pm

    SAN FRANCISCO - Apple has announced plans for a new product event on Sept. 9 in San Francisco, where the giant tech company is expected to show off new iPhones and other gadgets.

  • Documents: Workers had no way to issue warning after spill story has photos
    Updated: Aug-27-15 3:38 pm

    BILLINGS, Montana - Members of a federal cleanup crew were initially trapped and unable to warn downstream communities that they had accidentally unleashed toxic waste water from a Colorado gold mine, according to government documents released Thursday.

  • Ex-Republican House staffer imprisoned 1 year for mail fraud 
    Updated: Aug-27-15 3:00 pm

    HARTFORD, Connecticut - George Gallo, the former chief of staff to the Connecticut House Republicans, was sentenced Thursday to a year and a day in prison for taking more than $100,000 in payments from a political campaign direct mail company to which he steered business.

  • End of coal-fired plant will save Jonesboro utility $50M 
    Updated: Aug-27-15 2:59 pm

    JONESBORO, Arkansas - The head of Jonesboro's electric utility said the planned phase-out of a coal-fired plant near Pine Bluff will save his utility $50 million.

  • Texas attorney general pleads not guilty to securities fraud 
    Updated: Aug-27-15 2:47 pm

    FORT WORTH, Texas - Texas' attorney general, Ken Paxton, pleaded not guilty to securities fraud charges Thursday during a hearing in which he asked the judge to bar cameras from future proceedings and his high-powered lawyer resigned.

  • Twitter tries to lure in users as it searches for CEO 
    Updated: Aug-27-15 2:45 pm

    NEW YORK - Twitter's most urgent task is naming a new CEO. But the most formidable one is convincing more people that its service is essential, easy to use and not just meant for celebrities, 16-year-olds and news junkies.