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Wires

  • BOISE, Idaho— Greek yogurt giant Chobani is suing right-wing radio host Alex Jones, accusing the conspiracy theorist of publishing false information about the company. Chobani alleges that Jones and his InfoWars website posted fabricated stories earlier this month that linked Chobani owner Hamdi Ulukaya and the company to a sexual assault case involving...

  • NEW YORK— A federal prosecutor says politically connected New York lawyers are using inaccuracies to whitewash charges against a prominent Turkish businessman and are trying to get Turkey's president and U.S. officials to resolve the case diplomatically. Dennis Lockard said Monday that Reza Zarrab is charged with a "serious national security offense."

  • NEW YORK— A few weeks after her husband died, Sheryl Sandberg was talking with a friend about finding someone to fill in for a father-child activity. Sandberg's new book, "Option B: Facing Adversity, Building Resilience and Finding Joy," chronicles her grief and road to recovery and resilience. Below are some excerpts from the book, which was written with...

  • April 24- U.S. specialty metals maker Arconic Inc said on Monday that Elliott Management had reneged on two agreements that would have avoided a proxy fight from going to a full shareholder vote, as the battle between the two sides raged on. Arconic on Monday said that after last week's resignation of its CEO and Chairman, Klaus Kleinfeld, it was postponing its...

  • DUBAI, United Arab Emirates— Egypt's tourism levels are still around a third of what they once were and, despite security concerns, Egypt's tourism minister on Monday insisted the country's popular Red Sea resorts and Ancient Egyptian sites are a safe choice for travelers. More than half-a-million tourists from Saudi Arabia visited Egypt in 2016, followed by...

  • ATHENS/ ROME, April 24- The Italian and Greek governments are counting on France's likely next president Emmanuel Macron to help them see off populist parties that blame European Union- enforced austerity and open immigration policies for economic and social ills. The ruling parties in heavily indebted Italy and Greece hope his enthusiasm for the EU will help...

  • NEW YORK, April 24- The nearly eight-year legal odyssey of former Goldman Sachs Group Inc programmer Sergey Aleynikov is not over, after New York State's highest court agreed to review his reinstated conviction for stealing high-frequency trading code. Aleynikov may appeal the conviction won by the office of Manhattan District Attorney Cyrus Vance because "...

  • April 24- U.S. specialty metals maker Arconic Inc said on Monday it was willing to nominate two of activist hedge fund Elliott Management's director nominees to its board, in a bid to resolve a long-drawn proxy contest.

  • April 24- Austria's AMS, which supplies Apple and Samsung with chips, may increase its mid-term revenue growth target as it expects significant ramp-ups in its consumer business in the second half of the year. It is increasing its capital expenditure to around 400 to 450 million euros in 2017 to take account of expected customer volume needs, it added.

  • *Russia indicates it can lift oil output if OPEC curbs lapse. NEW YORK, April 24- Oil prices slipped nearly 1 percent on Monday, extending last week's decline, on lack of confirmation that OPEC will extend output cuts till the end of 2017 and as Russia indicated it can lift output if the deal on curbs lapses. Russian oil output could climb to its highest rate in 30 years...

  • WASHINGTON, April 24- A congressional vote on a Republican healthcare plan may not come for weeks as leaders in the House of Representatives and the Senate continue negotiations over possible proposals, the White House said on Monday. Any vote on healthcare legislation would be determined by Republican congressional leaders and when they have enough votes...

  • NEW YORK— Hewlett Packard Enterprise says Klaus Kleinfeld, who was ousted as chairman and CEO of Arconic after sending a threatening letter to that company's largest shareholder, resigned from its board of directors. He resigned from Morgan Stanley's board Friday. Last week the hedge fund Elliott Management, which pushed Arconic to replace Kleinfeld for...

  • NEW YORK, April 24- Wells Fargo& Co directors could have avoided a shareholder backlash over a sales practices scandal if they had paid more attention to scores of whistleblowers who complained, in vain, for years. Wells Fargo has been engulfed in scandal since September, when it reached a $190 million settlement with regulators over complaints that its retail...

  • PORTERVILLE, Calif. _ Sierra Bancorp on Monday reported first-quarter earnings of $4.6 million. Sierra Bancorp shares have risen slightly more than 2 percent since the beginning of the year. Keywords: Sierra Bancorp, Earnings Report.

  • WASHINGTON— Treasury Secretary Steven Mnuchin says that the administration's tax reform will generate so much economic growth that the budget deficit will be held in check. President Donald Trump has pledged a massive tax cut and said the middle class would benefit. He told The Associated Press in an interview that elements of his plan will be released as...

  • WASHINGTON— A federal appeals court has granted a request from the Trump administration to delay a decision on Obama-era rules limiting water pollution from coal-fired power plants. The 5th Circuit Court of Appeals in New Orleans says it won't consider a lawsuit over the rules for at least 120 days. Environmental Protection Agency chief Scott Pruitt...

  • PARIS, April 24- French prosecutors have opened a formal investigation into suspected diesel emissions test-cheating by carmaker PSA Group, a court official said on Monday. Paris- based PSA in February became the fourth carmaker to be referred to prosecutors by France's DGCCRF consumer fraud watchdog over suspected diesel test manipulation in the wake of...

  • The eventual market for the complex disease, formally known as Non-alcoholic Steatohepatitis, is forecast to be $20 billion to $35 billion as populations with fatty diets increasingly fall victim to a condition with no approved treatments. "We are actively looking on the outside for opportunities... to complement our internal program," Morris Birnbaum, chief...

  • CARACAS, April 24- General Motors' Venezuelan subsidiary has sent a message to almost 2,700 staff informing them that they are no longer employed by the company and had received severance pay in their bank accounts, according to two employees. Workers say that before the seizure was announced, GM had been dismantling the plant, which has not produced a car since...

  • WASHINGTON— The Latest on new U.S. sanctions against Syria:. The Trump administration said Monday that it issued sanctions against 271 employees of Syria's Scientific Studies and Research Center, the Syrian government agency responsible for developing and producing non-conventional weapons. The action was announced in a statement by the Treasury...