Corporate News

BP chairman who presided over Gulf spill crisis to retire

Oct 19, 2017

Energy firm BP says its chairman, Carl-Henric Svanberg, who presided over the company during the Deepwater Horizon spill, has decided to retire

Oil company BP says its chairman, Carl-Henric Svanberg, has told the board he will retire

Oct 19, 2017

Oil company BP says its chairman, Carl-Henric Svanberg, has told the board he will retire

'Murder insurance' or protection in self-defense cases?

Oct 19, 2017

The NRA's insurance for gun owners involved in self-defense cases is under fire

Hurricanes, chilly summer hit sales at Unilever

Oct 19, 2017

Unilever, the consumer products giant that owns brands including Dove, Lipton and Knorr, was buffeted by bad weather in the United States and Europe in the third quarter

Swiss biotech group Roche sees 5 pct rise in 9-month sales

Oct 19, 2017

Swiss biotech company Roche says sales grew 5 percent in the first nine months of the year, crediting new product launches and citing double-digit growth in the pharmaceuticals division in the U.S. market

House, Senate intel committees receive briefing from Google

Oct 19, 2017

Tech giant Google has briefed the House and Senate intelligence committees ahead of two Nov. 1 hearings that will examine Russian efforts to influence U.S. elections through social media

States ask US court to keep up health subsidies cut by Trump

Oct 18, 2017

Nineteen top state government lawyers are asking a U.S. judge in California to force the Trump administration to make health care subsidy payments that the president abruptly cut off last week

Hurricanes help push down United's 3Q profit by one-third

Oct 18, 2017

United Airlines says 3Q profit fell by one-third as hurricanes wiped out 8,000 flights

American Express CEO Kenneth Chenault to retire next year

Oct 18, 2017

Kenneth Chenault, one of the most prominent black businessmen and long-time chairman and CEO of American Express, will retire in early 2018; led company through financial crisis and 9/11 attacks

FDA OKs 2nd gene therapy for blood cancer; 1st for adults

Oct 18, 2017

U.S. regulators approve 2nd gene therapy for blood cancer, 1st one for adults