Corporate news

A shop assistant passes rows of hanging Crocs in the first UK Crocs store on October 18, 2007 in London England.
(Photo by Cate Gillon/Getty Images)
August 09, 2018 - 1:08 pm
NIWOT, Colo. (AP) — Colorado-based footwear company Crocs Inc. is closing company-owned manufacturing plants in Italy and Mexico by year's end and replacing its chief financial officer. The company announced the outsourcing of additional manufacturing and the closure of a distribution facility in...
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This Jan. 22, 2018, photo shows the Dunkin' Donuts log on a shop in Mount Lebanon, Pa. Massachusetts-based Dunkin' Donuts announced an updated menu on Friday, July 27, which is featuring the company's first gluten-free product - a fudge brownie. (AP Photo/Gene J. Puskar)
August 01, 2018 - 5:42 pm
CANTON, Mass. (AP) — A larger portion of America's population can say they run on Dunkin's. Massachusetts-based Dunkin' Donuts has recently updated its menu with the company's first gluten-free product — a fudge brownie. The individually wrapped snack is among several new ones, including Donut...
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FILE - In this Oct. 13, 2015, file photo, the Twitter logo appears on a phone post on the floor of the New York Stock Exchange. Twitter shares fell Thursday, July 26, 2018, after President Donald Trump said in a tweet the company was limiting visibility of prominent Republicans and said he was going to look into the matter. (AP Photo/Richard Drew, File)
July 27, 2018 - 12:32 pm
NEW YORK (AP) — Cracking down on hate, abuse and online trolls is also hurting Twitter's standing with investors. The company's stock plunged Friday morning after it reported a decline in its monthly users and warned that the number could fall further in the coming months. The more than 17 percent...
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In this Wednesday, July 11, 2018, photo, Ben Kovler, CEO, Green Thumb Industries poses for a portrait at the company's office in Chicago. Green Thumb Industries had a business plan, expertise and plenty of ambition, but didn’t have access to enough capital to grow its marijuana business. Last month, the company with $20 million in revenue from pot shops in seven states turned its gaze north and went public in Canada, where marijuana soon will be broadly legalized nationwide. (AP Photo/Charles Rex Arbogast)
July 25, 2018 - 12:25 pm
PORTLAND, Ore. (AP) — Green Thumb Industries had a business plan, expertise and plenty of ambition to grow its marijuana business. What the Chicago-based company didn't have was access to enough capital to make it all happen. So last month, the company with $20 million in revenue from pot shops in...
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FILE - This April 24, 2017, photo shows a Coca-Cola delivery van in downtown Pittsburgh. Coca-Cola is reporting strong profit and revenue numbers, thanks in part to rising demand for Diet Coke and Coca-Cola Zero Sugar in North America. The Atlanta company on Wednesday, July 25, 2018, posted second-quarter profit of $2.32 billion, or 54 cents per share. (AP Photo/Keith Srakocic, File)
July 25, 2018 - 10:49 am
ATLANTA (AP) — Coca-Cola thinks it may have found a new drink that will give soda sales a shot of caffeine: Coke Plus Coffee. The company introduced the canned and bottled product in Australia last year, and has since rolled it out to Vietnam, Cambodia and Thailand. It did not say where it would...
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President Donald Trump greets supporters after arriving at the Kansas City International Airport to attend the national convention of the Veterans of Foreign Wars, Tuesday, July 24, 2018, in Kansas City, Mo. (AP Photo/Evan Vucci)
July 24, 2018 - 5:37 pm
WASHINGTON (AP) — The Trump administration announced Tuesday it will provide $12 billion in emergency relief to ease the pain of American farmers slammed by President Donald Trump's escalating trade disputes with China and other countries. However, some farm-state Republicans quickly dismissed the...
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FILE - In this Friday, May 21, 2010 file photo, Chrylser CEO Sergio Marchionne, left, is seen with Jeep brand President and CEO Mike Manley at the Jefferson North Assembly Plant, in Detroit. Fiat Chrysler's board recommends Jeep executive Mike Manley to replace seriously ill CEO Sergio Marchionne, Saturday, July 21, 2018. (AP Photo/Carlos Osorio, File)
July 23, 2018 - 10:53 pm
MILAN (AP) — Fiat Chrysler shares were volatile Monday as investors expressed worry about the exit of ailing CEO Sergio Marchionne, whose driven and creative management style has been the company's fortune. Shares in the Italian-American carmaker closed down 1.5 percent after a harder 4 percent...
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FILE - In a Wednesday, June 27, 2018 file photo, Veterans Affairs Secretary nominee Robert Wilkie is sworn in at the start of a Senate Veterans Affairs Committee nominations hearing on Capitol Hill in Washington. Wilkie is expected to become secretary of Veterans Affairs when the Senate votes Monday, July 23 to confirm him. (AP Photo/Carolyn Kaster, File)
July 23, 2018 - 5:21 pm
WASHINGTON (AP) — The Senate on Monday confirmed Pentagon official Robert Wilkie to be secretary of Veterans Affairs, charged with delivering on President Donald Trump's campaign promises to fire bad VA employees and steer more patients to the private sector. Wilkie won approval on a bipartisan...
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July 23, 2018 - 10:48 am
NEW YORK (AP) — Shares of Tesla tumbled Monday on reports that the company asked suppliers for refunds to help it turn a profit. A memo provided to The Wall Street Journal shows the electric car maker asked a supplier to return what it calls a meaningful amount of money on its payments since 2016...
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Trader Michael Milano works on the floor of the New York Stock Exchange, Monday, July 23, 2018. Stocks are opening slightly lower on Wall Street, led by declines in technology companies and retailers. (AP Photo/Richard Drew)
July 23, 2018 - 10:36 am
U.S. stocks edged lower in morning trading Monday, adding to the market's losses at the end of last week. Industrial companies, automakers and retailers were accounted for much of the decline, outweighing gains elsewhere. Banks posted solid gains as bond yields rose. Investors were focused on...
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