Corporate stock

August 15, 2019 - 11:54 am
NEW YORK (AP) — General Electric's stock is tanking after the release of a report claiming the company has been misleading investors. Investigator Harry Markopolos accused GE Thursday of engaging in accounting fraud worth $38 billion. He said GE is heading for bankruptcy and is hiding $29 billion...
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August 14, 2019 - 6:26 pm
OMAHA, Neb. (AP) — Billionaire Warren Buffett's company has been adding more Amazon shares to its investment cart. Berkshire Hathaway said in filings with the Securities and Exchange Commission on Wednesday that it owned 537,300 Amazon shares at the end of June, up from 483,300 shares. Buffett...
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FILE - In this Jan. 16, 2018 file photo, Adam Neumann, center, co-founder and CEO of WeWork, attends the opening bell ceremony at Nasdaq in New York. Office space-sharing company WeWork is getting ready to go public, adding to a growing list of tech businesses making such a move this year. WeWork, which recently renamed itself The We Co., said in a regulatory filing Wednesday, Aug. 14, 2019 that it now has 527,000 memberships across 29 countries. (AP Photo/Mark Lennihan, File )
August 14, 2019 - 4:02 pm
NEW YORK (AP) — WeWork's parent company gave investors the most detailed look yet at its finances Wednesday, revealing breakneck growth on the back of massive losses as the office-sharing company prepares for a highly anticipated debut on the stock market. Founded as a co-working space in Manhattan...
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The logo for the CBS Corporation appears above a trading post on the floor of the New York Stock Exchange, Tuesday, Aug. 13, 2019. CBS and Viacom said Tuesday they will reunite, bringing together their networks and the Paramount movie studio as traditional media giants bulk up to challenge streaming companies like Netflix. (AP Photo/Richard Drew)
August 13, 2019 - 4:52 pm
NEW YORK (AP) — The newly combined ViacomCBS will invest in more movies and TV shows and try to sell more advertising as it seeks to become a bigger player in the growing business of streaming video. Yet the bigger company still might not be big enough to be competitive, as larger rival Disney...
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FILE - This July 8, 2019 file photo shows signs urging Alaska lawmakers to fund a full oil wealth fund check, known locally as the PFD, in Wasilla, Alaska. For decades, Alaska has had an uneasy reliance on oil, building budgets around its volatile boom-or-bust nature. When times were rough, prices always seemed to rebound, forestalling a day of reckoning some believe may finally have come. The situation has politicians weighing changes to the annual dividend paid to residents from earnings of the state's oil-wealth fund, the Alaska Permanent Fund. (AP Photo/Mark Thiessen, File)
August 09, 2019 - 2:11 pm
JUNEAU, Alaska (AP) — Daniel Bowen came to Alaska in 2011, looking for adventure and opportunity. He and his wife eventually settled on the Kenai Peninsula south of Anchorage, a salmon fishing haven calling itself "Alaska's Playground." But the Bowens, both teachers, recently returned to their...
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FILE - In this May 10, 2019, file photo Uber CEO Dara Khosrowshahi, third from left, attends the opening bell ceremony at the New York Stock Exchange, as his company makes its initial public offering. Uber reports financial results Thursday, Aug. 8. (AP Photo/Richard Drew, File)
August 08, 2019 - 6:44 pm
NEW YORK (AP) — Uber lost $5.24 billion in the second quarter — its largest quarterly loss ever — after making huge stock-based payouts in the months following its initial public offering. The ride-hailing giant said Wednesday it paid $3.9 billion in stock-based compensation and expenses during the...
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FILE - This March 29, 2019, file photo shows a sign for Lyft in Los Angeles. Lyft is reporting strong revenue growth but deep losses in its second quarter, a trend that it has so far been unable to reverse. The ride-hailing company on Wednesday, Aug. 7, posted revenue of $867.3 million, up 72% from the same time last year. (AP Photo/Ringo H.W. Chiu, File)
August 07, 2019 - 10:57 pm
NEW YORK (AP) — Lyft continued to bleed money in its second quarter but says it expects to stem some of those losses, raising its outlook for 2019. The ride-hailing company on Wednesday posted revenue of $867.3 million, up 72% from the same time last year. But the San Francisco-based company lost $...
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August 02, 2019 - 4:52 am
LONDON (AP) — Royal Bank of Scotland says shareholders will receive a windfall after asset sales swelled second-quarter earnings. The taxpayer-owned bank announced a special dividend of 12 pence a share alongside an ordinary interim payment of 2 pence a share. The government will receive about 1...
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FILE - In this May 13, 2019, file photo, a sign for Sonoita stands in the heart of southeastern Arizona where owners of wineries and other small tourism operations worry that the Rosemont Copper Mine proposed to be built in the nearby Santa Rita Mountains could harm their businesses with mining trucks rumbling down scenic state highway 83 that runs past the range. A federal judge on Wednesday, July 31, 2019, has overturned the U.S. Forest Service's approval of a Canadian company's planned new copper mine in southeastern Arizona. The judge ruled the agency improperly evaluated and considered water use issues associated with the Rosemont Mine planned in the Santa Rita Mountains on part of the Coronado National Forest. (AP Photo/Anita Snow, File)
August 01, 2019 - 11:50 am
PHOENIX (AP) — A federal judge has overturned the U.S. Forest Service's approval of plans for a new copper mine in southeastern Arizona in a decision that comes amid a larger battle across the West over the use of public lands for mining. The judge ruled late Wednesday that the agency improperly...
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FILE - In this July 16, 2019, file photo Chief Executive Officer Mary Barra speaks during the opening of contract talks with the United Auto Workers in Detroit. General Motors reports financial results Thursday, Aug. 1. (AP Photo/Paul Sancya, File)
August 01, 2019 - 9:33 am
DETROIT (AP) — General Motors said Thursday that higher prices for popular pickup trucks and SUVs helped overcome slowing global sales and profit rose by 1% in the second quarter. The Detroit automaker said it made $2.42 billion, or $1.66 per share, from April through June. Adjusting for...
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