Tag: Corporate news
Goldman Sachs 2Q profits beat forecasts; boosts dividend
NEW YORK — Goldman Sachs had the second-best quarterly profit in the firm's history in the quarter ended in June, helped by a strong...
Firm hacked to spread ransomware had previous security flaws
For 21 years, the software company Kaseya labored in relative obscurity — at least until cybercriminals exploited it in early July for a massive...
Lawsuit says Alabama blocking solar power with unfair fees
MONTGOMERY, Ala. — The fees imposed by the Alabama Power company on customers who generate their own electricity with rooftop or on-site solar panels...
Touting new trains, Amtrak CEO foresees riders heading back
DETROIT — Amtrak is betting big on a return of ridership.
...
California men plead guilty in Florida to $1.3B fraud scam
MIAMI — Two more California men have pleaded guilty in South Florida for their roles in a $1.3 billion real estate fraud scheme that...
American Airlines forecasts better-than-expected 2Q results
FORT WORTH, Texas — American Airlines said Tuesday it expects to report roughly break-even results for the second quarter thanks to $1.4 billion in...
Founding family of UK’s Daily Mail mulls taking it private
LONDON — The founding family of Britain’s Daily Mail is considering making a bid worth 810 million pounds ($1.1 billion) to bring the parent...
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.
...
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...
