Corporate News

Federal jury rules against Huawei in trade secrets case

Jun 26, 2019

A federal jury in Texas has rejected claims by Chinese telecom-equipment maker Huawei Technologies that a Silicon Valley start-up stole its trade secrets.

Report: Series of failures led to deadly leak at Texas plant

Jun 26, 2019

A final federal report has found that a series of failures, including flawed equipment and inadequate safeguards, helped cause a 2014 poisonous gas leak that killed four workers at a Houston-area chemical plant

The Latest: Gas prices could increase on refinery closure

Jun 26, 2019

AAA says gasoline prices may increase after the announcement that a Philadelphia oil refinery will close after a devastating fire

Wayfair workers protest contract with detention center

Jun 26, 2019

Employees at online home furnishings retailer Wayfair have planned a walkout to protest the company's decision to sell $200,000 worth of furniture to a government contractor that runs a detention center for migrant children in Texas

Official: Driver in motorcycle wreck should've lost license

Jun 26, 2019

The head of the Massachusetts motor vehicle division has resigned for failing to terminate the commercial driving license of man whose collision with a group of motorcyclists in New Hampshire left seven dead

Minnesota appeals court orders hearing on PolyMet permit

Jun 25, 2019

A district court must determine if state environmental regulators improperly sought to suppress a federal agency's serious concerns about the pollution risks arising from a proposed copper-nickel mine in northern Minnesota

Former Arkansas lawmaker pleads guilty in corruption cases

Jun 25, 2019

A former Arkansas lawmaker who is the governor's nephew has pleaded guilty to accepting bribes and filing a false tax return, part of an agreement with federal prosecutors in a sprawling corruption probe

PG&E's lenders offer billions, new name to rebrand utility

Jun 25, 2019

Pacific Gas & Electric's key lenders have offered a $30 billion plan to pull the utility out of bankruptcy, give the tarnished company a new name

Deal lets luxury Montana ski club keeps its liquor licenses

Jun 25, 2019

An ultra-exclusive Montana ski resort that counts Bill Gates and Justin Timberlake as members is paying the state $370,000 so it can keep its liquor licenses

Ex-Sacramento Kings exec gets 7 years for siphoning $13.4M

Jun 25, 2019

A former top Sacramento Kings executive has been sentenced to seven years in prison for siphoning $13.4 million from the team