Corporate news

November 18, 2017 - 11:58 am
NEW YORK (AP) — Honda is recalling about 900,000 of its Odyssey minivans because the second-row seats may tip forward if not properly latched. The recall announced Saturday covers vehicles from the 2011-17 model years. About 800,000 of the affected minivans were sold in the United States. Honda...
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This aerial photo shows spills from TransCanada Corp.'s Keystone pipeline, Friday, Nov. 17, 2017, that leaked an estimated 210,000 gallons of oil onto agricultural land in northeastern South Dakota, near Amherst, S.D., the company and state regulators said Thursday, but state officials don't believe the leak polluted any surface water bodies or drinking water systems. Crews shut down the pipeline Thursday morning and activated emergency response procedures after a drop in pressure was detected resulting from the leak south of a pump station in Marshall County, TransCanada said in a statement. The cause was being investigated. (DroneBase via AP)
November 18, 2017 - 1:01 am
LINCOLN, Neb. (AP) — Discovery of a 210,000-gallon oil leak from the Keystone pipeline would seem to be poor timing four days before regulators in Nebraska decide whether to allow a major expansion of the system, but officials say state law does not allow pipeline safety to be a factor in their...
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Juan Angel Napout, center, arrives at federal court in the Brooklyn borough of New York, Thursday, Nov. 16, 2017. Napout, Manuel Burga, and Juan Angel Napout have pleaded not guilty to charges they took part in a 24-year scheme involving at least $150 million in bribes that secured tournament broadcasting and hosting rights in the sprawling FIFA scandal. (AP Photo/Craig Ruttle)
November 17, 2017 - 7:32 pm
NEW YORK (AP) — A lawyer for one of three South American soccer officials charged in the FIFA bribery scandal labeled a key witness at their U.S. trial a "serial liar" on Friday over accusations that his client used hand gestures in court to threaten the witness. Prosecutors have asked the judge to...
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November 17, 2017 - 6:15 pm
DETROIT (AP) — A new report on recalls of potentially deadly Takata air bag inflators shows that automakers have replaced only 43 percent of the faulty parts even though recalls have been under way for more than 15 years. The report, issued Friday by an independent monitor who is keeping tabs on...
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FILE- This Nov. 6, 2015, file photo shows a sign for TransCanada's Keystone pipeline facilities in Hardisty, Alberta, Canada. TransCanada Corp.’s Keystone pipeline leaked oil onto agricultural land in northeastern South Dakota, the company and state regulators said Thursday, Nov. 16, 2017, but state officials don’t believe the leak polluted any surface water bodies or drinking water systems. (Jeff McIntosh/The Canadian Press via AP, File)
November 17, 2017 - 6:14 pm
AMHERST, S.D. (AP) — In a Nov. 16 story about the Keystone pipeline oil spill, The Associated Press incorrectly reported that it was smaller than 17 other leaks of oil or petroleum products in the U.S. since 2010. It was smaller than 16 and the same size as one other. The corrected story is below:...
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Traders Peter Tuchman, left, and Ryan Falvey work on the floor of the New York Stock Exchange, Friday, Nov. 17, 2017. U.S. stocks are dipping Friday morning, a day after the market made its biggest gain in two months. (AP Photo/Richard Drew)
November 17, 2017 - 4:51 pm
NEW YORK (AP) — Retailers and smaller U.S. companies jumped again Friday as they continued to report strong third-quarter results, but technology companies and other big U.S. corporations couldn't add to the previous day's gains. A slew of retailers including discount chain Ross Stores, shoe store...
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This photo provided by Tesla shows the front of the new electric semitractor-trailer unveiled on Thursday, Nov. 16, 2017. The move fits with Tesla CEO Elon Musk's stated goal for the company of accelerating the shift to sustainable transportation. (Tesla via AP)
November 17, 2017 - 2:45 pm
DETROIT (AP) — After more than a decade of making cars and SUVs — and, more recently, solar panels — Tesla Inc. wants to electrify a new type of vehicle: big trucks. The company unveiled its new electric semitractor-trailer Thursday night near its design center in Hawthorne, California. CEO Elon...
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November 17, 2017 - 12:44 pm
NEW YORK (AP) — Shares of Stitch Fix, an online clothing styling service, jumped 12 percent in their stock market debut Friday. But the company sold fewer shares and at a lower price than it previously expected, a sign of weak demand for its initial public offering, The San Francisco-based company...
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FILE - In this Oct. 17, 2017 file photo, a boy accompanied by his dog watches the repairs of Guajataca Dam, which cracked during the passage of Hurricane Maria, in Quebradillas, Puerto Rico. Experts said on Thursday, Nov. 16, 2017, that Puerto Rico could face nearly two decades of further economic stagnation and a steep drop in population as a result of Maria. (AP Photo/Ramon Espinosa, File)
November 17, 2017 - 12:43 pm
SAN JUAN, Puerto Rico (AP) — The director of Puerto Rico's power company resigned on Friday amid ongoing blackouts and scrutiny of a contract awarded to a small Montana-based company to help rebuild the electric grid destroyed by Hurricane Maria. Puerto Rico's Electric Power Authority said Ricardo...
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November 17, 2017 - 6:13 am
LONDON (AP) — Many British businesses are becoming cautious as they try to gauge the impact of the country's looming departure from the European Union. But there's one industry enjoying a "Brexit bounce" — the tourism sector. The sharp fall in the pound since last year's Brexit vote — it's down...
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