AP National Business

By COLLEEN BARRY AP Business Writer MILAN (AP) — German airline Lufthansa on Thursday signed a deal with the Italian government for a minority share in the long-struggling ITA Airways, formerly Alitalia.  ITA Airways and its Alitalia predecessor have long been searching for an industrial partner as the Italian airline lost out on domestic and

By LISA MASCARO, STEPHEN GROVES, SEUNG MIN KIM and KEVIN FREKING Associated Press WASHINGTON (AP) — House Republicans pushed debt ceiling talks to the brink Thursday, displaying risky political bravado in leaving town for the holiday weekend just days before the U.S. could face an unprecedented default hurling the global economy into chaos. At the

By ALEX VEIGA AP Business Writer LOS ANGELES (AP) — The average long-term U.S. mortgage rate rose this week to its highest level since mid March, driving up borrowing costs for prospective homebuyers facing a housing market that’s constrained by a dearth of homes for sale. Mortgage buyer Freddie Mac said Thursday that the average

By FATIMA HUSSEIN Associated Press WASHINGTON (AP) — For all the concern over when the government might run out of money to cover all its bills, it turns out that no one can be absolutely sure exactly when the country faces a potential default — the dreaded “X-date.” Calculating when the country is going to

By ALI SWENSON Associated Press NEW YORK (AP) — Two years ago, signing a bill intended to punish Twitter and other major social media companies, Florida Gov. Ron DeSantis blasted the platforms as “suppressing ideas” during the COVID-19 pandemic and silencing conservative voices. What a turnaround. The new Elon Musk-owned version of Twitter helped DeSantis

By MICHAEL MAROT AP Sports Writer INDIANAPOLIS (AP) — Doug Boles grew up revering the colorful, flavor of race day at the Indianapolis 500. Back then, it wasn’t easy finding a ticket to the Greatest Spectacle in Racing. Then came the 12-year split that threatened to ruin American open-wheel racing and ticket sales predictably crashed.

BERLIN (AP) — The German economy has shrunk unexpectedly in the first three months of this year, marking the second quarter of contraction that is one definition of recession. Data released Thursday by the Federal Statistical Office has Germany’s gross domestic product down by 0.3% in the period from January to March. That follows a

By MARK SHERMAN Associated Press WASHINGTON (AP) — A unanimous Supreme Court on Thursday gave a 94-year-old Minneapolis woman a new chance to recoup some money after the county kept the entire $40,000 when it sold her condominium over a small unpaid tax bill. The justices ruled that Hennepin County, Minnesota violated the constitutional rights

By VICTORIA MILKO and ANIRUDDHA GHOSAL AP Science Writers JAKARTA, Indonesia (AP) — The International Energy Agency says energy security concerns and policy support from rich countries are speeding up reliance on clean energy. But investments in coal power are on course to be nearly six times beyond what is needed for the world to

By ELAINE KURTENBACH and MATT OTT AP Business Writers Trading on Wall Street was mixed early Thursday as markets watched for signs of progress on a deal to avert a default on U.S. government debt. Futures for the Dow were off 0.3% and the S&P 500 rose 0.6%. Nasdaq composite futures jumped 1.8% boosted by

CHESAPEAKE, Va. — Dollar Tree: Fiscal Q1 Earnings Snapshot

CONSHOHOCKEN, Pa. — Hamilton Lane: Fiscal Q4 Earnings Snapshot

AUSTIN, Texas — Thermon Group: Fiscal Q4 Earnings Snapshot

DALLAS — CSW Industrials: Fiscal Q4 Earnings Snapshot

SHANGHAI — GDS Holdings: Q1 Earnings Snapshot

CANTON, Mass. — Destination XL: Fiscal Q1 Earnings Snapshot

DAYTON, Ohio — REX: Fiscal Q1 Earnings Snapshot

By VICTORIA MILKO and ANIRUDDHA GHOSAL Associated Press JAKARTA, Indonesia (AP) — The International Energy Agency says energy security concerns and policy support from rich countries are speeding up reliance on clean energy, but investments in coal power are on course to be nearly six-times beyond what is needed for the world to meet targets

BERLIN (AP) — New figures show the German economy made an unexpected dip in the first quarter of this year, putting the country formally into recession. Data released Thursday by the Federal Statistical Office has Germany’s gross domestic product down by 0.3% in the period from January to March. This follows a drop of 0.5%

By DAVID McHUGH AP Business Writer When Russia invaded Ukraine, global companies were quick to respond, some announcing they would get out of Russia immediately, others curtailing imports or new investment. Billions of dollars’ worth of factories, energy holdings and power plants were written off or put up for sale, accompanied by fierce condemnation of