Corporate News

The Latest: At least 1 Wisconsin Democrat backs Foxconn

Aug 17, 2017

A $3 billion tax break bill for Taiwan-based electronics giant Foxconn Technology Group is poised to pass the Wisconsin Assembly on a bipartisan vote

FDA OKs Pfizer drug for rare, fast-killing type of leukemia

Aug 17, 2017

FDA approves new medicine for use against a rare, rapidly progressing blood cancer after other treatments have failed

Lithuanian man brought to US to face $100 million fraud case

Aug 17, 2017

A Lithuanian man has been extradited to the United States to face charges that he duped U.S.-based Google and Facebook into sending him over $100 million

Wal-Mart Stores, L Brands and Cisco Systems skid

Aug 17, 2017

Wal-Mart Stores, L Brands and Cisco Systems decline while Alibaba rises

Lawsuit: Poland Spring Water is committing 'colossal fraud'

Aug 17, 2017

A lawsuit claims that bottled water brand Poland Spring Water is deceiving consumers with evergreen labels that say the water contains "100 percent natural spring water" that is "proudly from Maine."

Better than expected, barely good enough: Profits and stocks

Aug 17, 2017

Companies are in the midst of reporting some of their strongest profit growth in years, and the results have been even better than analysts expected

Pennsylvania steakhouse to change name in lawsuit settlement

Aug 17, 2017

A Pennsylvania eatery that was sued by a New York City steakhouse for trademark infringement has agreed to change its name

The Latest: France issues list of products with tainted eggs

Aug 17, 2017

France's government, facing pressure for more transparency amid Europe's egg scandal, has released a list of products pulled from supermarkets because they were made with pesticide-tainted eggs

US stocks slip after results from Wal-Mart and Cisco

Aug 17, 2017

US stocks start lower as Wal-Mart's results weigh on retailers and a disappointing sales forecast from Cisco Systems puts pressure on technology companies

Panama Papers expose cash trail amid Red Bull fugitive hunt

Aug 17, 2017

The Associated Press has found the billionaire Thai family that co-owns Red Bull has used offshore companies to cloak purchases of aircraft and luxury properties