Ownership changes

1010 WINS Newsroom
October 28, 2019 - 9:57 am
NEW YORK (AP) — AT&T will review its portfolio for assets it can sell off, pay down debt related to its Time Warner acquisition and add two board members as part of a plan to boost results. The moves come after criticism from hedge fund manager Elliott Management. In September the activist...
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FILE - In this Jan. 16, 2018 file photo, Adam Neumann, co-founder and CEO of WeWork, attends the opening bell ceremony at Nasdaq, in New York. The Wall Street Journal, citing sources it did not identify, reported Tuesday, Oct. 22, 2019, Neumann will walk away with close to $2 billion from Japan’s SoftBank Group if he severs ties with the company. (AP Photo/Mark Lennihan, File)
1010 WINS Newsroom
October 22, 2019 - 6:39 pm
NEW YORK (AP) — WeWork is reportedly accepting a financial rescue package that hands control of the company to its top investor and pushes aside co-founder Adam Neumann and his grandiose vision of changing the world through communal working. Japanese tech conglomerate SoftBank would take a...
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Undated handout photo of someone using the Just Eat mobile phone app. Food delivery company Just Eat has rejected a takeover offer from South Africa’s Prosus, saying that the 4.9 billion-pound ($6.2 billion) cash offer “significantly undervalues” it. (Just Eat/Via AP)
1010 WINS Newsroom
October 22, 2019 - 10:19 am
LONDON (AP) — Food delivery company Just Eat rejected Tuesday a takeover proposal from investment firm Prosus, saying that the 4.9 billion-pound ($6.2 billion) cash offer "significantly undervalues" it. Prosus N.V., which is owned by the wealthy South African investment group Naspers, had already...
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FILE - In this Monday, April 10, 2017 file photo, the chief of the Ukrainian Central Bank Valeria Gontareva makes a statement on her resignation during a press conference in Kyiv, Ukraine. Ukrainian officials on Monday Oct. 21, 2019, lashed out at a parody song targeting Ukraine's former central bank chief Gontareva, and mocking an arson attack on her home which was firebombed last month. (AP Photo/Sergei Chuzavkov, File)
1010 WINS Newsroom
October 21, 2019 - 10:22 am
KYIV, Ukraine (AP) — Ukrainian officials on Monday lashed out at a comedy show that targeted the former central bank chief by joking about a recent arson attack on her home. Kvartal 95 is arguably the country's most beloved comedy show and was led by Volodymyr Zelenskiy before he was elected...
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FILE - In tjhis Aug. 2017 file photo then Veterans Affairs Secretary David Shulkin speaks during a press briefing in Bridgewater, N.J. The book by former VA Secretary David Shulkin, obtained by The Associated Press, describes a March 6, 2017, conversation in the Oval Office where the president explored ways in which the administration could act quickly in shuttering the government-run VA medical centers that he viewed as poorly performing. (AP Photo/Pablo Martinez Monsivais)
1010 WINS Newsroom
October 16, 2019 - 10:52 pm
WASHINGTON (AP) — Eager for changes at the Department of Veterans Affairs, President Donald Trump toyed early on with issuing an executive order to close parts of the VA health system without consulting Congress, according to an upcoming book by his former VA secretary. In the book, obtained by The...
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1010 WINS Newsroom
October 16, 2019 - 3:14 pm
The Federal Communications Commission has approved the $26.5 billion combination of Sprint and T-Mobile on a 3-2 party-line vote. The wireless merger still faces opposition from a coalition of state attorneys general, who argue the deal is bad for competition. The companies won't merge while...
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1010 WINS Newsroom
October 16, 2019 - 4:44 am
AMSTERDAM (AP) — Signify, the Dutch company formerly known as Philips Lighting, says it is buying Cooper Lighting Solutions from Eaton Corp. for $1.4 billion (1.27 billion euros) in a move intended to strengthen its position in the North American market. Signify said late Tuesday that the deal is...
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FILE - This Thursday, Dec. 21, 2017 file photo shows the MedMen marijuana dispensary in Los Angeles. Marijuana stocks have come down hard from their highs a year ago, and the skid isn't just spooking investors. On Tuesday, Oct. 8, 2019, MedMen Enterprises Inc., which sells legal cannabis in California and 11 other states, backed out of a blockbuster deal to buy PharmaCann, a Chicago-based marijuana company with operations in eight states. (AP Photo/Richard Vogel, File)
1010 WINS Newsroom
October 08, 2019 - 9:04 pm
LOS ANGELES (AP) — Marijuana stocks have come down hard from their highs a year ago, and the skid isn't just spooking investors. On Tuesday, MedMen Enterprises Inc., which sells legal cannabis in California and 11 other states, backed out of a blockbuster deal to buy PharmaCann, a Chicago-based...
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FILE - In this Aug. 6, 2019, file photo, a woman walks by a money exchange shop decorated with different countries currency banknotes at Central, a business district in Hong Kong. The Hong Kong stock exchange is dropping a bid to buy its London counterpart following opposition from the European exchange's management. Hong Kong Exchanges and Clearing Ltd. said it was "unable to engage" with the London exchange's management on the deal. (AP Photo/Kin Cheung, File)
1010 WINS Newsroom
October 08, 2019 - 6:52 am
HONG KONG (AP) — The Hong Kong stock exchange on Tuesday dropped its bid to buy its London counterpart after the European exchange rejected the surprise offer. Hong Kong Exchanges and Clearing Ltd. said it was "unable to engage" with managers of the London Stock Exchange Group. That followed the...
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FILE - In this May 18, 2017, file photo, a robotic arm with a high-intensity blowtorch is remotely operated to test ceramic matrix composites, which make engines more durable, heat-resistant and efficient, at the General Electric Aviation plant in Evendale, Ohio. General Electric Co. said Monday, Oct. 7, 2019, that it will freeze its pension plan for about 20,700 salaried workers as part of its debt-cutting plan. (AP Photo/John Minchillo, File)
1010 WINS Newsroom
October 07, 2019 - 3:37 pm
NEW YORK (AP) — General Electric is freezing the pension plans of about 20,000 of its workers and offering pension buyouts to 100,000 former employees as it attempts to reduce its mountain of debt. The industrial conglomerate has been selling off assets and streamlining its operations amid sagging...
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