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House Republicans pass US debt bill, push Biden on spending

By LISA MASCARO and KEVIN FREKING Associated Press WASHINGTON (AP) — House Republicans narrowly passed sweeping legislation Wednesday that would raise the government’s legal debt ceiling by $1.5 trillion in exchange for steep spending restrictions, a tactical victory for Speaker Kevin McCarthy as he challenges President Joe Biden to negotiate and prevent a catastrophic federal

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ServiceNow: Q1 Earnings Snapshot

SANTA CLARA, Calif. (AP) — SANTA CLARA, Calif. (AP) — ServiceNow Inc. (NOW) on Wednesday reported first-quarter profit of $150 million. The Santa Clara, California-based company said it had profit of 73 cents per share. Earnings, adjusted for one-time gains and costs, came to $2.37 per share. The results exceeded Wall Street expectations. The average

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MaxLinear: Q1 Earnings Snapshot

CARLSBAD, Calif. (AP) — CARLSBAD, Calif. (AP) — MaxLinear Inc. (MXL) on Wednesday reported first-quarter profit of $9.5 million. The Carlsbad, California-based company said it had net income of 12 cents per share. Earnings, adjusted for one-time gains and costs, came to 74 cents per share. The results exceeded Wall Street expectations. The average estimate

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