AP National Business

SAN DIEGO (AP) — SAN DIEGO (AP) — DexCom Inc. (DXCM) on Thursday reported fourth-quarter net income of $91.8 million, after reporting a loss in the same period a year earlier. On a per-share basis, the San Diego-based company said it had profit of 22 cents. Earnings, adjusted for one-time gains and costs, were 34

OVERLAND PARK, Kan. — YRC: Q4 Earnings Snapshot

PHOENIX (AP) — PHOENIX (AP) — Mesa Air Group Inc. (MESA) on Thursday reported a loss of $9.1 million in its fiscal first quarter. On a per-share basis, the Phoenix-based company said it had a loss of 25 cents. Losses, adjusted for non-recurring costs, came to 12 cents per share. The results beat Wall Street

By STAN CHOE AP Business Writer NEW YORK (AP) — Stocks closed lower following another mixed batch of profit reports from companies, as rising yields in the bond market raise the pressure on Wall Street. The S&P 500 fell 0.9% Thursday after erasing a gain of about the same size from the morning. The Dow

By KELVIN CHAN AP Business Writer LONDON (AP) — Twitter has failed to provide a full report to the European Union on its efforts to combat online disinformation, drawing a rebuke from top officials of the 27-nation bloc. The company signed up to the EU’s voluntary 2022 Code of Practice on Disinformation last year —

By FRANK BAJAK AP Technology Writer BOSTON (AP) — Ukrainians have reacted with puzzlement and some ire to comments by a top Starlink official that their country has “weaponized” the satellite internet service. President Gwynne Shotwell of SpaceX, which runs Starlink, was also reported to have said at the same venue Wednesday that the Elon

By STAN CHOE AP Business Writer NEW YORK (AP) — Stocks are drifting on Wall Street following another mixed batch of earnings reports. The S&P 500 was 0.3% lower in afternoon trading on Thursday after erasing an early gain of 0.9%. Stocks have been shaky this week, flipping from gains to losses and back again

By MATTHEW DALY Associated Press WASHINGTON (AP) — A Nevada company that recycles batteries for electric vehicles has won a $2 billion green energy loan from the Biden administration. Redwood Materials, a recycling venture founded by the former chief technology officer at Tesla, secured a conditional loan from the Energy Department’s Advanced Technology Vehicles Manufacturing

By JOHN HANNA and HEATHER HOLLINGSWORTH Associated Press TOPEKA, Kan. (AP) — The operator of an oil pipeline says a faulty weld at a bend in an oil pipeline contributed to a spill that dumped nearly 13,000 bathtubs’ worth of crude oil into a northeastern Kansas creek. Canadian-based TC Energy also estimated Thursday that the

By DEE-ANN DURBIN AP Business Writer Chick-fil-A is jumping on the plant-based bandwagon. The Atlanta chain said Thursday that it’s testing its first plant-based entrée __ a breaded cauliflower sandwich __ at restaurants in Denver; Charleston, South Carolina; and the Greensboro, North Carolina, area. The test begins Feb. 13. Chick-fil-A said its culinary team spent

By FATIMA HUSSEIN Associated Press WASHINGTON (AP) — The U.S. Treasury Department has announced a joint U.S.-U.K. effort to sanction Russian cybercriminals as the one-year anniversary of Russia’s invasion of Ukraine nears and Treasury tightens its efforts to financially punish violators of existing sanctions. The U.S. coordinated with the United Kingdom to impose sanctions on

By TOM KRISHER AP Auto Writer DETROIT (AP) — With the global shortage of semiconductors still crimping U.S auto production, General Motors has signed a deal with chipmaker GlobalFoundries to dedicate part of an upstate New York factory to supply the automaker. In a joint statement Thursday, Malta, New York-based GlobalFoundries said it will expand

By KEN SWEET AP Business Writer NEW YORK (AP) — For federal prosecutors, Sam Bankman-Fried could be the gift that keeps on giving. After the November collapse of FTX, the cryptocurrency exchange he founded in 2019, Bankman-Fried unexpectedly gave a series of interviews intended to present his version of events. He was indicted in December

By MICHELLE CHAPMAN AP Business Writer Activist investor Nelson Peltz has called off a proxy fight with Disney one day after newly returned CEO Bob Iger announced a major restructuring of the company that includes thousands of job cuts. Peltz phoned into CNBC on Thursday to say that his firm, Trian Fund Management, got everything

By DEE-ANN DURBIN AP Business Writer PepsiCo reported better-than-expected sales in the fourth quarter after hiking prices for its drinks and snacks, but it warned that consumers may be less willing to accept those increases as this year progresses. The Purchase, New York-based company said its net revenue rose more than 10% to $28 billion.

By MAE ANDERSON AP Business Writer NEW YORK (AP) — The Super Bowl is advertising’s biggest, glitziest stage. Big name advertisers from Netflix to Google are paying as much as $7 million for a 30-second spot during the big game on Sunday, in order to capture the attention of the roughly 100 million viewers who

By BRUCE SCHREINER and JIM SALTER Associated Press LOUISVILLE, Ky. (AP) — Producers of spirits have new bragging rights in the age-old whiskey vs. beer barroom debate. New figures show that spirits surpassed beer for U.S. market-share supremacy, based on supplier revenues, a spirit industry group announced Thursday. The rise to the top for spirit-makers

By DAVID KOENIG AP Airlines Writer GOODYEAR, Ariz. (AP) — Until last summer, Ashley Montano had never flown. Now she was preparing to land a small plane with three passengers after a previous touch-and-go that had been rough. “The plane is a bit heavy, so give it just a little more power to make a

By DAVID KOENIG AP Airlines Writer Congress is hearing about the December meltdown at Southwest Airlines. A Southwest executive said Thursday the airline is upgrading software this week to better respond to disruptions such as winter storms. The president of the pilots’ union at Southwest says Congress needs to hold the airline accountable, and give

By STAN CHOE AP Business Writer NEW YORK (AP) — Stocks are rising on Wall Street Thursday following another mixed batch of earnings reports that included several standouts like The Walt Disney Co.’s. The S&P 500 was 0.7% higher in early trading. The Dow Jones Industrial Average was up 224 points, or 0.7%, at 34,173,