AP National Business

WARREN, N.J. — Aquestive Therapeutics: Q4 Earnings Snapshot

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Tuesday: Squarespace Inc., up $3.50 to $27.54. The software company’s fourth-quarter revenue beat analysts’ forecasts. Dick’s Sporting Goods Inc., up $14.65 to $146.79. The sporting goods retailer beat Wall Street’s fourth-quarter profit and revenue forecasts. Thor Industries Inc., down $3.52 to $89.06.

RADNOR, Pa. — Marinus Pharmaceuticals: Q4 Earnings Snapshot

By STAN CHOE AP Business Writer NEW YORK (AP) — Stocks sank Tuesday after the head of the Federal Reserve warned it could turn the dial back up on its hikes to interest rates if pressure stays high on inflation. The warning shook markets and raised worries about a possible recession down the line. The

TORRANCE, Calif. (AP) — TORRANCE, Calif. (AP) — CarParts.com, Inc. (PRTS) on Tuesday reported a loss of $6.2 million in its fourth quarter. On a per-share basis, the Torrance, California-based company said it had a loss of 11 cents. The online auto parts retailer posted revenue of $154.5 million in the period. For the year,

By LARRY NEUMEISTER and RONALD BLUM Associated Press NEW YORK (AP) — A federal appeals court says a promoter’s lawsuit against FIFA and the U.S. Soccer Federation can proceed to trial after a lower-court judge had thrown it out. The 2nd U.S. Circuit Court of Appeals ruled Tuesday in the lawsuit by Relevant Sports after

By DEE-ANN DURBIN AP Business Writer Reese’s Peanut Butter Cups are getting the vegan treatment. The Hershey Co. said Tuesday that Reese’s Plant Based Peanut Butter Cups, which go on sale this month, will be its first vegan chocolates sold nationally. A second plant-based offering, Hershey’s Plant Based Extra Creamy with Almonds and Sea Salt,

LEXINGTON, N.C. (AP) — A division of Siemens AG will build a passenger rail car manufacturing plant in central North Carolina and create 500 jobs by 2028. Gov. Roy Cooper and the company announced on Tuesday construction of a major advanced manufacturing and rail services center in Davidson County. Siemens Mobility plans to build passenger

By CHRIS MEGERIAN and JOSH BOAK Associated Press WASHINGTON (AP) — President Joe Biden on Tuesday proposed new taxes on the rich to help fund Medicare, saying the plan would help to extend the insurance program’s solvency by 25 years and provide a degree of middle-class stability to millions of older adults. In his plan,

By STAN CHOE AP Business Writer NEW YORK (AP) — Stocks are falling on Wall Street Tuesday after the head of the Federal Reserve warned it could speed up its economy-rattling hikes to interest rates if pressure stays high on inflation. The S&P 500 was 1.6% lower in afternoon trading. The Dow Jones Industrial Average

By DEE-ANN DURBIN AP Business Writer Howard Schultz has agreed to appear before a U.S. Senate committee that is examining Starbucks’ actions amid an ongoing unionization campaign. Sen. Bernie Sanders, a Vermont Independent and chairman of the Senate Health, Education, Labor and Pensions Committee, said Tuesday that Schultz has agreed to testify before the committee

JACKSONVILLE, Fla. — FRP Holdings: Q4 Earnings Snapshot

WASHINGTON (AP) — U.S. health officials are alerting consumers about two more recalls of eyedrops due to contamination risks that could lead to vision problems and serious injury. The announcements follow a recall last month of eyedrops made in India that were linked to an outbreak of drug-resistant infections. One person died and at least

By CHRIS MEGERIAN and JOSH BOAK Associated Press WASHINGTON (AP) — President Joe Biden on Tuesday proposed new taxes on the rich to help fund Medicare, saying the plan would help to extend the insurance program’s solvency by 25 years and provide a degree of middle-class stability to millions of older adults. In his plan,

By CHRISTOPHER RUGABER AP Economics Writer WASHINGTON (AP) — The Federal Reserve could increase the size of its interest rate hikes and raise borrowing costs to higher levels than previously projected if evidence continues to point to a robust economy and persistently high inflation, Chair Jerome Powell told a Senate panel Tuesday. “The latest economic

By STAN CHOE AP Business Writer NEW YORK (AP) — Stocks are falling on Wall Street Tuesday after the head of the Federal Reserve warned it could speed up its economy-crunching hikes to interest rates if pressure on inflation stays hot. The S&P 500 was 0.9% lower in midday trading. The Dow Jones Industrial Average

AKRON, Ohio (AP) — Amid a federal corruption case, a company that owns nuclear plants in Pennsylvania and northern Ohio will be sold for more than $3.4 billion to a Texas-based company. Under the deal announced Monday, Ohio-based Energy Harbor will become part of a newly formed Vistra subsidiary called Vistra Vision. According to the

WASHINGTON (AP) — U.S. health officials are alerting consumers about two more recalls of eyedrops due to contamination risks that could lead to vision problems and serious injury. The announcements follow a recall last month of eyedrops made in India that were linked to an outbreak of drug-resistant infections. One person died and at least

By DAVID KOENIG AP Airlines Writer The Biden administration sued to block JetBlue Airways’ $3.8 billion purchase of Spirit Airlines, saying Tuesday that the deal would reduce competition and drive up air fares for consumers. The Justice Department said the tie-up would especially hurt cost-conscious travelers who depend on Spirit to find cheaper options than