Corporate management

FILE - This Wednesday, Feb. 24, 2010 file photo shows an Old Navy Store in Paramus, N.J. On Thursday, Jan. 16, 2020, Gap Inc. says it no longer intends to spin off Old Navy as a separate entity after determining it would be too costly and complex, especially given the retailer's recent struggles. (AP Photo/Seth Wenig)
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January 16, 2020 - 6:11 pm
NEW YORK (AP) — Gap Inc. says it no longer intends to spin off Old Navy as a separate public company. The retailer said Thursday that its board scuttled the move after determining it would be too costly and complex, especially given the company's recent struggles. Its stock was up about 5% in after...
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FILE - In this Oct. 24, 2019, file photo, Junichiro Hironaka, a lawyer of former Nissan Chairman Carlos Ghosn, attends a press conference in Tokyo. Hironaka, one of the Japanese lawyers for former Nissan Chairman Carlos Ghosn has stepped down from that job after Ghosn fled the country. His move, announced Thursday, Jan. 16, 2020, was widely expected after Ghosn fled to Lebanon late last month. (AP Photo/Koji Sasahara, File)
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January 16, 2020 - 3:11 am
TOKYO (AP) — One of the Japanese lawyers for former Nissan Chairman Carlos Ghosn has stepped down from that job after his client fled the country. Junichiro Hironaka had been representing Ghosn in his defense against financial misconduct charges. His move, announced Thursday, was widely expected...
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Abigail Disney, granddaughter of Walt Disney Co. co-founder Roy Disney, speaks with reporters at the Capitol in Sacramento, Calif., Wednesday, Jan. 15, 2020. Disney testified before state lawmakers in support of a bill that would raise taxes on some of the country's largest corporations. The size of the tax increase would depend on the gap between what a company pays its CEO versus the average salary for employees. The larger the gap, the higher the tax increase. (AP Photo/Adam Beam)
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January 15, 2020 - 8:33 pm
SACRAMENTO, Calif. (AP) — California is considering raising taxes on some of the country's largest companies, but the size of the tax increase would depend on how much its highest-paid executive makes compared to its employees. The bigger the gap, the bigger the tax increase. The bill by Democratic...
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President Donald Trump walks along the colonnade of the White House in Washington, Monday, Jan. 13, 2020. A U.S. cybersecurity company says Russian military agents successfully hacked the Ukrainian gas company at the center of the scandal that led to President Donald Trump's impeachment. (AP Photo/Susan Walsh)
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January 14, 2020 - 11:19 am
BOSTON (AP) — A U.S. cybersecurity company says Russian military agents have successfully hacked the Ukrainian gas company at the center of the scandal that led to President Donald Trump's impeachment. Russian agents launched a phishing campaign in early November to steal the login credentials of...
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FILE - In this Jan. 26, 2011 file photo, Nielsen Company CEO David Calhoun, center, watches progress as he waits for the company's IPO to begin trading, on the floor of the New York Stock Exchange. Calhoun took over Monday, Jan. 13, 2020, as Boeing's third CEO in the last five years, following the firing last month of Dennis Muilenburg. (AP Photo/Richard Drew, File)
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January 13, 2020 - 7:56 pm
Changing CEOs was the easy part. Now it's up to Boeing's new leader to deal with a crisis caused by two crashes and the grounding of the company's best-selling plane. David Calhoun took over Monday as Boeing's third CEO in the last five years, following the firing last month of Dennis Muilenburg...
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FILE - In this May 30, 2019, file photo, the logo for Uber appears above a trading post on the floor of the New York Stock Exchange. Ride-hailing giant Uber, along with delivery company Postmates, sued California over a new law that aims to reclassify their drivers and delivery workers as employees instead of contractors. The law, which went into effect last week, could upend the business models of the companies that shaped the so-called “gig economy," where contract workers use smartphone apps to accept odd jobs driving or delivering goods as frequently as they wish. (AP Photo/Richard Drew, File)
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January 13, 2020 - 3:44 pm
DOVER, Del. (AP) — Delaware's Supreme Court has upheld a judge's dismissal of a shareholder lawsuit against ride-hailing company Uber and its former CEO. The court on Monday affirmed the judge's April ruling that the suit must be dismissed because the shareholder had failed to demand that Uber's...
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January 13, 2020 - 10:10 am
Woodward and Hexcel are merging in an all-stock deal that would create one of the largest suppliers in the aerospace and defense industry. The companies say the tie-up will allow them to create more efficient aircraft that will reduce emissions, a big hurdle for the aerospace industry. “The future...
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FILE - In this Jan. 30, 2019, file photo, Insys Therapeutics founder John Kapoor leaves federal court in Boston. Kapoor and former top employees of the pharmaceutical company are facing a reckoning for their role in a bribery scheme that prosecutors say boosted sales of a powerful, highly addictive painkiller and helped fuel the national opioid epidemic. Starting Monday, Jan. 13, 2020, seven people who worked for Insys Therapeutics will appear in Boston to be sentenced by a federal judge. (AP Photo/Steven Senne, File)
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January 12, 2020 - 3:26 pm
BOSTON (AP) — The founder and former top employees of a pharmaceutical company are facing a reckoning for their role in a bribery scheme that prosecutors say boosted sales of a powerful, highly addictive painkiller and helped fuel the national opioid epidemic. Starting Monday, seven people who...
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FILE - In this Oct. 29, 2019, file photo Boeing Company President and Chief Executive Officer Dennis Muilenburg appears before a Senate Committee on Commerce, Science, and Transportation hearing on 'Aviation Safety and the Future of Boeing's 737 MAX' on Capitol Hill in Washington. Former Boeing CEO Dennis Muilenburg will get a nice going-away package — $62.2 million. Boeing said Friday, Jan. 10, 2020 that Muilenburg was contractually entitled to the payout but he won't get extra severance and will forfeit another $14.6 million in stock awards. Muilenburg was fired in late December after the company's poor response to two crashes and the grounding of its best-selling plane, the 737 Max.. (AP Photo/Andrew Harnik, File)
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January 10, 2020 - 7:52 pm
The Boeing CEO who was ousted last month for the company’s botched response to two crashes and the grounding of its best-selling plane will walk away with $62.2 million, the company disclosed Friday. Boeing said, however, that Dennis Muilenburg will not get additional severance or a 2019 bonus, and...
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FILE - In this Dec. 11, 2019, file photo, a Boeing 737 Max being built for Norwegian Air International taxis for a test flight, at Renton Municipal Airport in Renton, Wash. Boeing has found a new problem with changes it is making to software on the 737 Max, but the company says the issue will not further delay the grounded plane’s return to flight. The head of the Federal Aviation Administration, Stephen Dickson, discussed the issue Thursday, Feb. 6, 2020 with reporters in London. (AP Photo/Ted S. Warren, File)
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January 10, 2020 - 6:33 pm
Lawmakers on Capitol Hill lashed out at Boeing on Friday after the release of a batch of emails and text messages in which company employees questioned the safety of the now-grounded 737 Max, called the aircraft a “joke” and talked about how they concealed problems from regulators. In the messages...
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