Corporate news

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October 01, 2018 - 10:23 am
NEW YORK (AP) — Although the economy is strong and consumers are optimistic, many small business owners are holding fast to their cautious approach to expansion. The government's latest estimate of second-quarter economic growth, released last week, showed that the gross domestic product grew at an...
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California Gov. Jerry Brown reviews a measure with his wife, Anne Gust Brown, second from left and staff Camille Wagner, left, Graciela Castillo-Krings, right, at his Capitol office, Sunday, Sept. 30, 2018, in Sacramento, Calif. Sunday is the last day for Brown to approve or veto bills passed by the legislature. Brown, who will be leaving office in January, is acting on some on the last pieces of legislation in his tenure as governor. (AP Photo/Rich Pedroncelli)
September 30, 2018 - 9:58 pm
SACRAMENTO, Calif. (AP) — California has become the first state to require publicly traded companies to include women on their boards of directors, one of several laws boosting or protecting women that Gov. Jerry Brown signed Sunday. The measure requires at least one female director on the board of...
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FILE- This March 9, 2015, file photo shows a sign for a Sonic Drive-In in Holmes, Pa. Arby's owner Inspire Brands is buying the Sonic drive-in hamburger chain. Inspire said Tuesday, Sept. 25, 2018, owning multiple chains will help it share resources, including customer loyalty data and suppliers. (AP Photo/Matt Rourke, File)
September 25, 2018 - 9:12 am
ATLANTA (AP) — Arby's owner Inspire Brands is buying the Sonic drive-in hamburger chain. Inspire is paying $43.50 per share cash, or $2.3 billion, for Sonic, which has 3,600 restaurants in the U.S. Inspire expects the deal to close by the end of this year. Sonic will operate as a separate business...
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FILE - This Dec. 4, 2013 file photo shows vials of flavored liquid at a store selling electronic cigarettes and related items in Los Angeles. On Wednesday, Sept. 12, 2018, U.S. health officials said teenage use of e-cigarette has reached “epidemic” levels in the U.S. and are calling on the industry to address the problem or risk having their flavored products pulled off the market. (AP Photo/Reed Saxon, File)
September 12, 2018 - 1:53 pm
WASHINGTON (AP) — U.S. health officials are sounding the alarm about teenage use of e-cigarettes, calling the problem an "epidemic" and ordering manufacturers to reverse the trend or risk having their flavored vaping products pulled from the market. The warning from the Food and Drug Administration...
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FILE- In this March 13, 2015, file photo, a worker inspects a new 2015 aluminum-alloy body Ford F-150 truck at the company's Kansas City Assembly Plant in Claycomo, Mo. Under pressure from U.S. safety regulators, Ford is recalling about 2 million F-150 pickups in North America because the seat belts can cause fires. The recall covers certain trucks from the 2015 through 2018 model years. (AP Photo/Charlie Riedel, File)
September 06, 2018 - 8:47 am
DETROIT (AP) — Under pressure from U.S. safety regulators, Ford is recalling about 2 million F-150 pickup trucks in North America because the seat belts can spark and cause fires. The recall, which covers trucks from the 2015 through 2018 model years, comes about one month after the National...
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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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