AP National Business

By JOEY CAPPELLETTI and ED WHITE Associated Press GRAND RAPIDS, Mich. (AP) — The former head of a Michigan marijuana licensing board has pleaded guilty to bribery. Rick Johnson admits he accepted at least $110,000 in exchange for approving applications for the lucrative business. Johnson’s appearance Tuesday in federal court in Grand Rapids was a

By TOM KRISHER AP Auto Writer DETROIT (AP) — Strong U.S. sales helped General Motors increase its first-quarter net profit 19% over a year ago, leading the company to raise its full-year earnings guidance on expectations that people will keep buying new vehicles. The Detroit automaker said Tuesday that it made $2.37 billion from January

By STAN CHOE AP Business Writer NEW YORK (AP) — Wall Street is slipping Tuesday after a torrent of companies gave mixed earnings reports for the first three months of the year. The S&P 500 was 0.9% lower in afternoon trading. The Dow Jones Industrial Average was down 165 points, or 0.5%, at 33,710, as

By MIKE CORDER Associated Press THE HAGUE, Netherlands (AP) — Dutch Prime Minister Mark Rutte has apologized to residents of the northern province of Groningen who have suffered for years from earthquakes caused by gas extraction that damaged thousands of homes and ruined lives. Rutte’s apology Tuesday and a pledge to fund a generation-long program

By DARLENE SUPERVILLE Associated Press WASHINGTON (AP) — When President Barack Obama flew to California to dedicate a national monument to Latino labor leader Cesar Chavez, a group of the activist’s relatives were invited to pose for photos with the president. Julie Chavez Rodriguez, Chavez’s granddaughter, hung back. As a member of Obama’s staff, she

By MATT OTT AP Business Writer Consumer confidence dipped again in April as anxiety over a slowing economy and possible recession weighed on American households. The Conference Board reported Tuesday that its consumer confidence index fell to 101.3 in April from 104 in March. Optimism about current conditions ticked up again, although consumers are less

By VLADIMIR ISACHENKOV Associated Press MOSCOW (AP) — Russia’s defense minister has hosted his counterparts from Iran, Syria and Turkey for talks as part of the Kremlin’s efforts to help broker a rapprochement between the Turkish and Syrian governments. The Russian Defense Ministry said Tuesday’s talks focused on “practical steps to strengthen security in the

By DEE-ANN DURBIN AP Business Writer McDonald’s reported higher-than-expected sales in the first quarter as store traffic grew despite higher prices. The Chicago burger giant said Tuesday that its global same-store sales rose 12.6% compared to the January-March period last year. That was well above the 8.7% increase Wall Street forecast. McDonald’s said it raised

First Republic Bank’s stock plunged at the opening bell Tuesday after it said depositors withdrew more than $100 billion during last month’s crisis, with fears swirling that it could be the third bank to fail after the collapse of Silicon Valley Bank and Signature Bank. The San Francisco bank said late Monday that it was

INDIANA, Pa. — First Commonwealth Financial: Q1 Earnings Snapshot

LONG ISLAND CITY, N.Y. — JetBlue: Q1 Earnings Snapshot

NEW YORK — Moody’s: Q1 Earnings Snapshot

BROOKFIELD, Wis. — Fiserv: Q1 Earnings Snapshot

By TOM KRISHER AP Auto Writer DETROIT (AP) — Strong sales in the U.S. helped General Motors increase its first-quarter net profit 19% over a year ago. The company raised its full-year profit guidance and says it expects demand for its vehicles to remain robust. The Detroit automaker said Tuesday that it made $2.37 billion

NEW YORK — Shutterstock: Q1 Earnings Snapshot

CAMBRIDGE, Mass. — Cambridge: Q1 Earnings Snapshot

DULUTH, Ga. — Asbury Automotive: Q1 Earnings Snapshot

NEW YORK — Ares Capital: Q1 Earnings Snapshot

ZURICH — ABB: Q1 Earnings Snapshot

ZURICH — UBS: Q1 Earnings Snapshot