Corporate News

Kate Spade Foundation to donate $1M for suicide prevention

Jun 20, 2018

Kate Spade New York has announced plans to donate $1 million to support suicide prevention and mental health awareness causes in tribute to the company's late founder

After query, Ross shorted stock in Kremlin-tied firm: report

Jun 20, 2018

Commerce Secretary Wilbur Ross made a trade betting that the stock in a shipping company with Russian-government ties would fall, a transaction coming just days after he learned of a possible negative news story about his investment in the company

Starbucks to accelerate store closings next year

Jun 20, 2018

Starbucks says it will sharply accelerate its store closings in the U.S. next year as it tries to boost sluggish sales

GE to end more than 100-year run on Dow; Walgreens added

Jun 19, 2018

General Electric will be dropped from the Dow Jones industrial average next week, ending the industrial conglomerate's position in the 30-company blue chip index after more than 100 years

Disney names new Animation, Pixar chiefs post-Lasseter

Jun 19, 2018

Walt Disney Studios chairman Alan Horn says Tuesday that Jennifer Lee and Pete Docter the successors to John Lasseter

US commander warns against leaving Afghanistan too rapidly

Jun 19, 2018

US Army commander nominated to take over U.S. operations in Afghanistan warns Congress that if America leaves the fight too rapidly, there is a risk Islamic State militants could merge with al-Qaida

Nebraska advances execution plans despite secrecy concerns

Jun 19, 2018

Nebraska officials are forging ahead with their effort to execute the state's longest-serving death-row inmate without disclosing where they obtained lethal injection drugs, despite a judge's order this week to identify their supplier

Adient calls off plans to move headquarters to Detroit

Jun 19, 2018

Auto seating supplier Adient has canceled its plans to move its global headquarters and hundreds of jobs to Detroit

Some fear changes to state laws as US weighs pot medicine

Jun 19, 2018

Parents who have given marijuana-based products to their epileptic children for years are worried that possible U.S. approval of the first pot-based prescription drug could limit their options

Former Mexico President Vicente Fox joins High Times board

Jun 19, 2018

Former Mexico President Vicente Fox, who calls himself a soldier in the global campaign to legalize marijuana, is joining the board of directors of cannabis publication High Times to advance his agenda