AP National Business

CAMARILLO, Calif. (AP) — CAMARILLO, Calif. (AP) — Semtech Corp. (SMTC) on Wednesday reported a loss of $51 million in its fiscal fourth quarter. On a per-share basis, the Camarillo, California-based company said it had a loss of 80 cents. Earnings, adjusted for non-recurring costs and stock option expense, came to 47 cents per share.

MELVILLE, N.Y. — Verint: Fiscal Q4 Earnings Snapshot

NEW YORK — Sprinkler: Fiscal Q4 Earnings Snapshot

CORTE MADERA, Calif. (AP) — CORTE MADERA, Calif. (AP) — RH (RH) on Wednesday reported fiscal fourth-quarter profit of $106.9 million. On a per-share basis, the Corte Madera, California-based company said it had net income of $4.21. Earnings, adjusted for non-recurring gains, were $2.88 per share. The results missed Wall Street expectations. The average estimate

ST PAUL, Minn. — H. B. Fuller: Fiscal Q1 Earnings Snapshot

SALT LAKE CITY — Franklin Covey: Fiscal Q2 Earnings Snapshot

The Associated Press Stocks rallied as Wall Street shook off more of the fear that dominated it earlier this month. The S&P 500 rose 1.4% Wednesday. The Dow Jones Industrial Average and the Nasdaq composite also rose. They followed similar gains in other markets around the world. A measure of nervousness among stock investors on

By MICHAEL PHILLIS and MARY CLARE JALONICK Associated Press WASHINGTON (AP) — Congress on Wednesday approved a resolution to overturn the Biden administration’s protections for thousands of small streams, wetlands and other waterways. The Senate voted 53 to 43 to approve the Republican-led effort. President Joe Biden has promised to veto the measure. The Congressional

By STAN CHOE AP Business Writer NEW YORK (AP) — Stocks are rallying Wednesday as Wall Street shakes off more of the fear that dominated it earlier this month. The S&P 500 was 1.3% higher in late trading. The Dow Jones Industrial Average was up 273 points, or 0.8%, at 32,667, as of 3:15 p.m.

By RALPH D. RUSSO AP College Sports Writer A congressional hearing Wednesday targeting “NIL chaos” in college sports drifted into the ramifications of athletes being deemed employees of their schools and mostly highlighted those who support congressional intervention to protect the collegiate model. A subcommittee of the House Committee on Energy and Commerce held the

WEST READING, Pa. (AP) — Federal safety investigators are looking at a natural gas pipeline for fractures and other damage as they gather evidence on the cause of a deadly explosion at a Pennsylvania chocolate factory. The National Transportation Safety Board opened a probe into Friday’s blast at R.M. Palmer Co., which killed seven, wounded

By KEVIN McGILL and MATTHEW BROWN Associated Press NEW ORLEANS (AP) — Oil companies offered a combined $264 million for drilling rights in federal waters in the Gulf of Mexico on Wednesday in a sale mandated by last year’s climate bill compromise. The auction was the first in the Gulf in more than a year

By THOMAS ADAMSON Associated Press PARIS (AP) — Paris sanitation workers are starting to clean up debris from a more than three-week-long strike, a day after the 10th nationwide anti-pension reform protest. The CGT union representing Paris sanitation workers said its members were returning to their jobs Wednesday in a suspension of the strike action

By AAMER MADHANI Associated Press WASHINGTON (AP) — President Joe Biden on Wednesday offered an optimistic outlook on the health of democracy worldwide, declaring that leaders are “turning the tide” in stemming a yearslong backslide of democratic institutions. Opening his second democracy summit, Biden looked to spotlight hopeful advancements over the past year despite Russia’s

By FRANCES D’EMILIO Associated Press ROME (AP) — Italy’s government has endorsed legislation that would outlaw laboratory-grown food and allow stiff fines for those who make it or sell it. The proposal that is part of Premier Giorgia Meloni’s crusade to protect “made in Italy” products. Meloni celebrated with farmers after her Cabinet on Tuesday

By MICHELLE CHAPMAN AP Business Writer Adidas is withdrawing its challenge to a Black Lives Matter trademark application featuring three parallel stripes, two days after it contested the image with the U.S. Trademark Office.  On Monday Adidas submitted a notice of opposition with the office, saying in the filing that it took issue with Black

By PAUL WISEMAN AP Economics Writer WASHINGTON (AP) — Republican lawmakers accused top bank regulators of dawdling as Silicon Valley Bank hurtled toward the second-largest bank failure in U.S. history and questioned whether tougher regulations would have made a difference. Regulators closed the bank March 10, shaking the U.S. financial system and triggering fears of

By KEVIN McGILL and MATTHEW BROWN Associated Press NEW ORLEANS (AP) — Oil companies offered a combined $264 million for drilling rights in the Gulf of Mexico on Wednesday in a sale mandated by last year’s climate bill compromise. The auction was the first in the Gulf in more than a year and drew interest

By DAVID KOENIG AP Airlines Writer Congress is taking another look at creating a new no-fly list for unruly passengers. It’s an idea that was floated last year but never got off the ground. On Wednesday, several members of the U.S. Senate and House introduced legislation to let the Transportation Security Administration ban people from