AP National Business

WESTERLY, R.I. — Washington Trust: Q1 Earnings Snapshot

PORTERVILLE, Calif. (AP) — PORTERVILLE, Calif. (AP) — Sierra Bancorp (BSRR) on Monday reported first-quarter profit of $8.8 million. The bank, based in Porterville, California, said it had earnings of 58 cents per share. The results fell short of Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for

By ELLEN DENNIS, The Seattle Times EVERETT, Wa. (AP) — Terrica Purvis squinted through goggles as her hands carefully guided a pipette full of indigo-tinted fluid into clear glass test tubes. It was the last chemistry lab of the winter quarter at Everett Community College. Purvis was working through the steps of what chemistry professor

By DEE-ANN DURBIN AP Business Writer Coca-Cola reported higher-than-expected sales in the first quarter as it continued to hike prices and saw its business in China improve. Coke said its revenue rose 5% to $11 billion for the January-March period. That beat Wall Street’s expectations. Coke said pricing and mix __ which includes changes in

By JAMEY KEATEN Associated Press GENEVA (AP) — Credit Suisse says it saw nearly $69 billion in outflows in the first three months of the year and that clients are still withdrawing assets. The Swiss bank on Monday cited “significant net asset outflows” as it posted its results skewed by a government-backed takeover by rival

ANAHEIM, Calif. (AP) — Spectators at Disneyland’s popular “Fantasmic” show got a shock this weekend when the feature’s fire-breathing animatronic dragon suddenly burst into flames. No injuries were reported following the blaze Saturday night at the Southern California theme park, the Anaheim Fire Department said. Ryan Laux, a frequent Disneyland visitor, said fire has always

By ANDREW DALTON and LARRY NEUMEISTER Associated Press NEW YORK (AP) — Opening statements were set to occur Tuesday after a jury was chosen in a trial that mashes up Ed Sheeran’s “Thinking Out Loud” with Marvin Gaye’s “Let’s Get It On.” The heirs of Ed Townsend, Gaye’s co-writer of the 1973 soul classic, sued

ZURICH — Credit Suisse: Q1 Earnings Snapshot

AMSTERDAM — Philips: Q1 Earnings Snapshot

By JOE McDONALD AP Business Writer BEIJING (AP) — Global stocks and Wall Street futures declined Monday ahead of a U.S. economic update that is expected to show growth slowing. London and Frankfurt opened lower. Shanghai and Hong Kong declined while Tokyo advanced. Oil prices fell. Wall Street’s benchmark S&P 500 index gained 0.1% on

BERLIN (AP) — Employees at Berlin and Hamburg airports are staging walkouts in an ongoing dispute over pay and conditions for security staff, leading to flight cancellations in both German cities. German news agency dpa reported that in Berlin all 220 departures and 70 out of 240 incoming flights were canceled on Monday. Due to

GENEVA (AP) — Credit Suisse says investors are continuing to withdraw assets this month as it reported over 61 billion Swiss francs (over $68 billion) in net asset outflows in the first quarter. The Zurich-based bank cited “significant net asset outflows” as it posted its first-quarter results that were skewed by a government-backed takeover by

By JOE McDONALD AP Business Writer BEIJING (AP) — Asian stock markets were mixed Monday ahead of a U.S. economic update this week that is expected to show growth slowing. Shanghai and Hong Kong declined while Tokyo advanced. Oil prices fell. Wall Street’s benchmark S&P 500 index gained 0.1% on Friday but ended with a

By ANDREW DALTON and LARRY NEUMEISTER Associated Press NEW YORK (AP) — Jury selection and opening statements are set to begin Monday in a trial that mashes up Ed Sheeran’s “Thinking Out Loud” with Marvin Gaye’s “Let’s Get It On.” The heirs of Ed Townsend, Gaye’s co-writer of the 1973 soul classic, sued Sheeran, alleging

By MAE ANDERSON, ASHRAF KHALIL and MICHAEL CASEY Associated Press NEW YORK (AP) — A growing number of developers are considering converting empty office towers into housing as part of an effort to revive struggling downtown business districts that emptied out during the pandemic. Many politicians see these conversions as a potential catalyst to bringing

By JOE McDONALD AP Business Writer BEIJING (AP) — Asian stock markets were mixed Monday ahead of a U.S. economic update this week that is expected to show growth slowing. Shanghai and Hong Kong declined while Tokyo advanced. Oil prices fell. Wall Street’s benchmark S&P 500 index gained 0.1% on Friday but ended with a

By KIM TONG-HYUNG Associated Press SEOUL, South Korea (AP) — South Korea has formally restored Japan to its list of countries it gives preferential treatment in trade, three years after the neighbors downgraded each other’s trade status amid a diplomatic row over historical grievances. South Korea’s Ministry of Trade, Industry and Energy announced the move

NEW YORK (AP) — Jeff Shell, the chief executive of NBCUniversal, is departing the company after an investigation into inappropriate conduct, Comcast announced Sunday. In a brief statement, Shell said Sunday would be his last day after what he called “an inappropriate relationship with a woman in the company.” “I’m truly sorry I let my

ANAHEIM, Calif. (AP) — Spectators at Disneyland’s popular “Fantasmic!” show got a shock this weekend when the feature’s fire-breathing animatronic dragon suddenly burst into flames. No injuries were reported following the blaze Saturday night at the Southern California theme park, the Anaheim Fire Department said. Ryan Laux, a frequent Disneyland visitor, said fire has always