Corporate news

FILE - In this Aug. 15, 2019, file photo, a Pacific Gas & Electric worker walks in front of a truck in San Francisco. Pacific Gas & Electric's complex plan for emerging from bankruptcy may face a make or break moment during a court hearing Tuesday, April 7, 2020, that will re-examine the merits of a $13.5 billion settlement with the victims of catastrophic wildfires caused by the utility. (AP Photo/Jeff Chiu, File)
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April 07, 2020 - 8:49 pm
BERKELEY, Calif. (AP) — A federal judge has refused to put his stamp of approval on a letter to Northern California wildfire victims from attorneys who allege that Pacific Gas & Electric may be breaking its promises as it tries to preserve a plan for getting out of bankruptcy in an unraveling...
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FILE - This Aug. 17, 1997 file photo shows Earl G. Graves Sr. with his book "How To Succeed In Business Without Being White" in New York. Graves Sr., who championed black businesses as the founder of the first African American-owned magazine focusing on black entrepreneurs, has died. He was 85. His son said Graves died Monday, April 6, 2020. (AP Photo/Bebeto Matthews, File)
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April 07, 2020 - 7:48 pm
NEW YORK (AP) — Earl Graves Sr., who championed black businesses as the founder of the first African American-owned magazine focusing on black entrepreneurs, has died. He was 85. Graves died Monday after a long battle with Alzheimer’s disease, his son, Earl “Butch” Graves Jr, said in a post on...
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Dr. Robin Armstrong puts on his face shield while demonstrating his full personal protective equipment outside the entrance to The Resort at Texas City nursing home, where he is the medical director, Tuesday, April 7, 2020, in Texas City, Texas. Armstrong is treating nearly 30 residents of the nursing home with the anti-malaria drug hydroxychloroquine, which is unproven against COVID-19 even as President Donald Trump heavily promotes it as a possible treatment. Armstrong said Trump's championing of the drug is giving doctors more access to try it on coronavirus patients. More than 80 residents and workers have tested positive for coronavirus at the nursing home. (AP Photo/David J. Phillip)
1010 WINS Newsroom
April 07, 2020 - 6:40 pm
AUSTIN, Texas (AP) — When a coronavirus outbreak hit a Texas nursing home, Dr. Robin Armstrong reached for an uproven treatment: the anti-malaria drug hydroxychloroquine. First, he needed to find a supply. But at a moment when President Donald Trump is heavily promoting the drug, Armstrong is no...
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FILE- In this Aug. 4, 2017 file photo, former pharmaceutical company CEO, Martin Shkreli, arrives at federal court in New York. The convicted former drug company wants out of prison so he can help research a treatment for the coronavirus. Shkreli's attorney said Tuesday, April 7, 2020, that he will be filing court papers asking federal authorities to release Shkreli for three months so he can do laboratory work “under strict supervision.” (AP Photo/Seth Wenig, File)
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April 07, 2020 - 5:56 pm
NEW YORK (AP) — Convicted former drug company CEO Martin Shkreli, known as “Pharma Bro,” wants to get out of prison so he can help research a treatment for the coronavirus, his lawyer said Tuesday. Defense attorney Ben Brafman said that he will file court papers asking federal authorities to...
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FILE - In this Thursday, March 19, 2020 file photo, people stand in an aisle of empty shelves in a supermarket in London, amid panic-buying due to the coronavirus outbreak. A pandemic forcing everyone to stay home could be the perfect moment for online grocery services. In practice, they've been struggling to keep up with a surge in orders, highlighting their limited ability to respond to an unprecedented onslaught of demand. After panic buying left store shelves stripped of staples like pasta, canned goods and toilet paper, many shoppers quickly found online grocery delivery slots almost impossible to come by, too. (AP Photo/Kirsty Wigglesworth, File)
1010 WINS Newsroom
April 07, 2020 - 8:51 am
LONDON (AP) — A pandemic forcing everyone to stay home could be the perfect moment for online grocery services. In practice, they've been struggling to keep up with a surge in orders, highlighting their limited ability to respond to an unprecedented onslaught of demand. After panic buying left...
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1010 WINS Newsroom
April 06, 2020 - 7:06 pm
NEW YORK (AP) — Prosecutors revealed new details of alleged bribes paid to FIFA executive committee members to gain their votes for Qatar to host the 2022 World Cup and charged a pair of former 21st Century Fox executives with making illegal payments to win broadcast rights for the 2018 and 2022...
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The quarantined Italian cruise ship Aidadiva that is hit by coronavirus and is docked in Skagen harbour at the most northern point in Denmark, Monday April 6, 2020. Authorities have said that the ship is set to stay for a month at the port, and the hundreds of crew members are kept isolated and cannot disembark from the ship. (Henning Bagger/Ritzau Scanpix via AP)
1010 WINS Newsroom
April 06, 2020 - 7:04 pm
The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed. Following are developments Monday related to the global economy, the work place and the spread of the virus. _____________ CENTRAL BANKS AND GOVERNMENT: The White House is considering coronavirus “war...
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FILE - In this Monday, March 23, 2020, file photo, a worker walks near a mural of a Boeing 747-8 airplane at the company's manufacturing facility in Everett, Wash., north of Seattle. In an email to Washington employees on Sunday, April 5, 2020, the company says due to coronavirus concerns, it is extending a planned two-week shutdown rather than reopening Wednesday, April 8. The decision affects about 30,000 of Boeing's 70,000 employees in the state. Employees are receiving their regular salaries during the two-week shutdown, but will have to transition to vacation or sick leave after that. (AP Photo/Ted S. Warren, File)
1010 WINS Newsroom
April 05, 2020 - 6:27 pm
SEATTLE (AP) — Boeing said Sunday it will continue its shutdown of production indefinitely at its Seattle area facilities due to the spread of the coronavirus. The company in an email to Washington employees said it is extending the planned two-week shutdown rather than reopening Wednesday. The...
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FILE - In this Tuesday, March 31, 2020 file photo, medical technicians handle a vial containing a nasal swab at a drive-thru testing site in Wheat Ridge, Colo., as a statewide stay-at-home order remains in effect in an effort to reduce the spread of the COVID-19 coronavirus. Home testing for coronavirus may sound like a good idea, but As of early April 2020, U.S. regulators say it's still too risky. (AP Photo/David Zalubowski)
1010 WINS Newsroom
April 05, 2020 - 10:45 am
WASHINGTON (AP) — Home testing for the new coronavirus may sound like a good idea, but U.S. regulators say it's still too risky. They've stopped companies that quickly launched home-testing kits until they can show their products can accurately detect the virus. For now, the only way Americans can...
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Home Depot customers carry their purchases as they leave the store, Friday, April 3, 2020 during the coronavirus pandemic in New York. (AP Photo/Mark Lennihan)
1010 WINS Newsroom
April 03, 2020 - 7:15 pm
The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed. Following are developments on Friday related to the global economy, the work place and the spread of the virus. ____________ COSTS MOUNT: The pandemic will cost the global economy as much as $4.1...
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