AP National Business Archives

By NICK KURCZEWSKI Edmunds The arrival of warmer weather across the U.S. will soon have many car shoppers considering a sun-loving convertible. That’s because having limitless headroom and a mobile means of sunbathing is automobile nirvana for a number of car buyers. While electric cars steal the majority of automotive headlines and sales of pickup

Entergy: Q1 Earnings Snapshot

April 26, 2023 3:46 AM Associated Press

NEW ORLEANS — Entergy: Q1 Earnings Snapshot

MarketAxess: Q1 Earnings Snapshot

April 26, 2023 3:42 AM Associated Press

NEW YORK — MarketAxess: Q1 Earnings Snapshot

Prosperity Bancshares: Q1 Earnings Snapshot

April 26, 2023 3:42 AM Associated Press

HOUSTON — Prosperity Bancshares: Q1 Earnings Snapshot

Wabtec: Q1 Earnings Snapshot

April 26, 2023 3:41 AM Associated Press

PITTSBURGH — Wabtec: Q1 Earnings Snapshot

Boston Scientific: Q1 Earnings Snapshot

April 26, 2023 3:40 AM Associated Press

MARLBOROUGH, Mass. — Boston Scientific: Q1 Earnings Snapshot

Stock market today: Global shares dip on economy worries

April 26, 2023 2:40 AM Associated Press

By YURI KAGEYAMA AP Business Writer TOKYO (AP) — Global shares were mostly lower Wednesday as worries about the global economy flared after a tumble on Wall Street despite some better-than-expected earnings reports. France’s CAC 40 lost 0.6% in early trading to 7,489.17, while Germany’s DAX declined 0.5% to 15,799.39. Britain’s FTSE 100 dipped 0.3%

Allegion: Q1 Earnings Snapshot

April 26, 2023 2:36 AM Associated Press

DUBLIN — Allegion: Q1 Earnings Snapshot

Glaxo: Q1 Earnings Snapshot

April 26, 2023 2:32 AM Associated Press

BRENTFORD, Britain — Glaxo: Q1 Earnings Snapshot

Sri Lanka seeks $17 billion debt reduction by restructuring

April 26, 2023 2:25 AM Associated Press

By KRISHAN FRANCIS Associated Press COLOMBO, Sri Lanka (AP) — Sri Lanka’s president has asked its parliament to approve a four-year International Monetary Fund program to restructure the country’s $17 billion in foreign debt. Lawmakers began a three-day debate Wednesday on President Ranil Wickremesinghe’s proposal to accept the IMF program. If approved, it would dictate

Canon: Q1 Earnings Snapshot

April 26, 2023 2:18 AM Associated Press

TOKYO — Canon: Q1 Earnings Snapshot

Sweden raises key interest rate again to target inflation

April 26, 2023 1:48 AM Associated Press

STOCKHOLM (AP) — Sweden’s central bank has raised its key interest rate, saying inflation “is still far too high.” Riksbanken on Wednesday raised its policy rate by half a percentage point to 3.5% and added that it will ”probably” be raised further by a quarter-point in June or September. Annual inflation last month hit 10.6%,

Silicon Valley company raises $250M for hydrogen technology

April 26, 2023 1:04 AM Associated Press

By JENNIFER McDERMOTT Associated Press In what could prove a milestone for an industry that hopes to help address climate change, the Silicon Valley company Ohmium announced Wednesday it has raised $250 million to increase production of machines that can make clean hydrogen and displace fossil fuels. Some climate experts say burning hydrogen can substitute

German company sells heat pump business to US firm Carrier

April 26, 2023 12:46 AM Associated Press

By GEIR MOULSON and FRANK JORDANS Associated Press BERLIN (AP) — Germany’s Viessmann Group is selling its heat pump business, viewed as a key technology in making heating more climate-friendly, to Florida-based Carrier Global Corp. as part of a 12 billion-euro ($13.2 billion) deal. The two companies announced the sale late Tuesday. It comes as

No one is driving this taxi. What possibly could go wrong?

April 26, 2023 12:04 AM Associated Press

By MICHAEL LIEDTKE AP Technology Writer SAN FRANCISCO (AP) — I won’t forget the first time I took a ride in a car without anyone sitting in the driver’s seat. It happened one night last September when a Chevy Bolt named Peaches picked me up outside a San Francisco bar. Our ensuing half-hour ride together

Ukraine launching tech cluster to boost military capability

April 25, 2023 11:41 PM Associated Press

By HANNA ARHIROVA Associated Press KYIV, Ukraine (AP) — The Ukrainian government is launching an initiative to streamline and promote innovation in the development of drones and other technologies that have been critical during Russia’s war in Ukraine. The government hopes to bring state, military, and private sector developers working on defense issues together into