AP National Business

By CHRISTOPHER RUGABER and KEN SWEET AP Business Writers WASHINGTON (AP) — The Federal Reserve blamed last month’s collapse of Silicon Valley Bank on poor management, watered-down regulations and lax oversight by its own staffers, and said the industry needs stricter policing on multiple fronts to prevent future bank failures. The Fed was highly critical

By MATTHEW DALY Associated Press WASHINGTON (AP) — The House voted Friday to reinstate tariffs on solar panel imports from several Southeast Asian countries. President Joe Biden paused them in a bid to boost solar panel installations in the U.S., a key part of his climate agenda. The 221-202 House vote sends the measure to

By AMANDA SEITZ and ANITA SNOW Associated Press WASHINGTON (AP) — Days out from a surgery and with a young son undergoing chemotherapy, Kyle McHenry was scrambling to figure out if his Florida family will still be covered by Medicaid come Monday. One form on the state’s website said coverage for their sick 5-year-old son,

By CHRISTOPHER RUGABER AP Economics Writer WASHINGTON (AP) — Key measures of prices and wages remained high in March, keeping the Federal Reserve on track to raise interest rates next week for the 10th time since March of last year in its drive to defeat high inflation. An index that is closely followed by the

By STAN CHOE AP Business Writer NEW YORK (AP) — Wall Street is drifting Friday, as the market winds down a week of sharp swerves with another batch of corporate profit reports that mostly topped expectations. The S&P 500 was 0.1% higher in midday trading. Despites its big swings earlier this week, it’s still on

By MICHELLE CHAPMAN AP Business Writer Exxon Mobil’s profit more than doubled in the first quarter as the oil and natural gas company overcame declining prices by producing more oil. Exxon Mobil Corp. earned $11.43 billion, or $2.79 per share, for the three months ended March 31. A year earlier it earned $5.48 billion, or

By CHRISTOPHER RUGABER AP Economics Writer WASHINGTON (AP) — A key index of underlying inflation that is closely followed by the Federal Reserve remained elevated last month, keeping the Fed on track to raise interest rates next week for the 10th time since March of last year. The index, which excludes volatile food and energy

By ISABELLA O’MALLEY Associated Press Portland General Electric, the utility serving Portland, Oregon, announced Friday it is putting in the second-largest battery storage installation in the United States, at 400 MW of power. The significance of such projects is they diminish the need for power plants that burn fossil fuels that warm the planet. The

DUBAI, United Arab Emirates (AP) — Iranian state TV footage shows how masked Iranian navy commandos conducted a helicopter-borne raid to seize a U.S.-bound oil tanker in the Gulf of Oman. The TV aired the footage on Friday. The capture took place on Thursday. The taking of the Turkish-managed, Chinese-owned Advantage Sweet represents the latest

ITHACA, N.Y. — Tompkins: Q1 Earnings Snapshot

By AMANDA SEITZ and ANITA SNOW Associated Press WASHINGTON (AP) — Days out from a surgery and with a young son undergoing chemotherapy, Kyle McHenry was scrambling to figure out if his Florida family will still be covered by Medicaid come Monday. One form on the state’s website said coverage for their sick 5-year-old son,

EDEN PRAIRIE, Minn. — Tennant: Q1 Earnings Snapshot

SANTIAGO CHILE, Chile — Banco Santander-Chile: Q1 Earnings Snapshot

ALEXANDRIA, La. — Red River Bancshares: Q1 Earnings Snapshot

CALGARY ALBERTA, Alberta — TC Energy: Q1 Earnings Snapshot

BROOKLYN HEIGHTS, Ohio — GrafTech: Q1 Earnings Snapshot

BALL GROUND, Ga. — Chart Industries: Q1 Earnings Snapshot

LONDON — NVent: Q1 Earnings Snapshot

HOUSTON — Civeo: Q1 Earnings Snapshot

HOUSTON — LyondellBasell: Q1 Earnings Snapshot