AP National Business

By STAN CHOE AP Business Writer NEW YORK (AP) — Stocks rose again Thursday after more companies reported better profits than expected, while yields climbed after a Federal Reserve official cautioned the end to its interest-rate hikes may not arrive as soon as Wall Street hoped. The S&P 500 gained 0.9%, adding to its rally

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Thursday: Walmart Inc., up $1.94 to $151.47. The retailer raised its profit forecast for the year after reporting strong first-quarter financial results. Synopsys Inc., up $32.63 to $409.71. The maker of software used to test and develop chips raised its financial forecasts

LUXEMBOURG — Globant: Q1 Earnings Snapshot

By JANIE HAR Associated Press SAN FRANCISCO (AP) — Tech consultant Nima Momeni pleaded not guilty Thursday to a murder charge in the stabbing death of Cash App founder Bob Lee on the streets of San Francisco. San Francisco Superior Court Judge Victor Hwang ordered Momeni, 38, kept in jail without bail, saying he posed

By SUSAN MONTOYA BRYAN Associated Press ALBUQUERQUE, N.M. (AP) — The U.S. government is greenlighting a proposed multibillion-dollar transmission line that would send primarily wind-generated electricity from the rural plains of New Mexico to big cities in the West. The Interior Department announced its record of decision for the SunZia project Thursday. It comes about

By WYATTE GRANTHAM-PHILIPS AP Business Writer NEW YORK (AP) — Lawmakers on Capitol Hill are pushing to keep AM radio in the nation’s cars. A bipartisan group in Congress has introduced the “AM for Every Vehicle Act.” The bill calls on the National Highway Traffic Safety Administration to require automakers to keep AM radio in

By ALI SWENSON Associated Press NEW YORK (AP) — In an interview this week, Twitter owner Elon Musk said users making false claims of stolen elections “will be corrected” on the platform. Prompted by a CNBC reporter for extra assurance that would happen, Musk responded, “Oh yeah, 100%.” Yet many such claims have thrived on

By LISA MASCARO AP Congressional Correspondent WASHINGTON (AP) — Negotiators from the White House met over the debt limit with House Speaker Kevin McCarthy’s emissaries at the Capitol. They were grinding through a second day of head-to-head talks trying to strike a budget deal. President Joe Biden and McCarthy both tapped their top representatives to

By MARK SHERMAN Associated Press WASHINGTON (AP) — The Supreme Court on Thursday sided with Google, Twitter and Facebook in lawsuits seeking to hold them liable for terrorist attacks. But the justices sidestepped the big issue hovering over the cases, the federal law that shields social media companies from being sued over content posted by

By WAYNE PARRY Associated Press ATLANTIC CITY, N.J. (AP) — The new president of Atlantic City’s Hard Rock casino got his start in the hospitality industry washing dishes at an upstate New York restaurant at age 15. Now, George Goldhoff runs one of the top-performing casinos on the U.S. East Coast. Hard Rock won nearly

By MATT O’BRIEN AP Technology Writer ChatGPT is now a smartphone app, which could be good news for people who like to use the artificial intelligence chatbot and bad news for all the clone apps that have tried to profit off the technology. The free app became available on iPhones and iPads in the U.S.

By FATIMA HUSSEIN Associated Press WASHINGTON (AP) — All the hand-wringing over a potential government default if Congress doesn’t increase the government’s $31.4 trillion debt ceiling has conjured up images of past government shutdowns. In shutdowns, “essential” workers — TSA agents and such — showed up, but most federal employees stayed home. Work piled up

By ANNE D’INNOCENZIO AP Retail Writer NEW YORK (AP) — Walmart reported strong first-quarter sales results as the nation’s largest retailer’s low-prices continue to draw budget conscious consumers in a challenging economic environment of stubbornly high inflation. The company beat Wall Street expectations Thursday and boosted its annual profit and sales outlook. Comparable store sales

DIMMITT, Texas (AP) — State investigators determined that a fire and explosion at a dairy farm in the Texas Panhandle that injured one person and killed an estimated 18,000 head of cattle was an accident that started with an engine fire in a manure vacuum truck. A State Fire Marshal investigation report on the April

DETROIT (AP) — General Motors is recalling more than 688,000 small SUVs in the U.S. because owners may not be able to hook child seats to the anchors. The recall covers certain 2020 to 2023 Chevrolet Equinox and GMC Terrain SUVs. The National Highway Traffic Safety Administration says in documents posted on its website Thursday

By ALEX VEIGA AP Business Writer LOS ANGELES (AP) — The average long-term U.S. mortgage rate edged higher this week after a two-week drop, a modest move in line with a mostly moderate shift in home loan rates in recent weeks. Mortgage buyer Freddie Mac said Thursday that the average rate on the benchmark 30-year

LONDON (AP) — Queen Elizabeth II’s funeral and lying-in-state last year cost Britain’s government an estimated 162 million pounds (around $200 million), the treasury revealed Thursday. The state funeral for the late monarch, held on Sept. 19, was the first in the U.K. since that of former Prime Minister Winston Churchill in 1965. The occasion,

By MARK SHERMAN Associated Press WASHINGTON (AP) — The Supreme Court on Thursday sided with Google, Twitter and Facebook in lawsuits seeking to hold them liable for terrorist attacks. But the justices sidestepped the big issue hovering over the cases, the federal law that shields social media companies from being sued over content posted by

By TOM KRISHER AP Auto Writer DETROIT (AP) — More than 33 million people in the United States are driving vehicles that contain a potentially deadly threat: Airbag inflators that in rare cases can explode in a collision and spew shrapnel. Few of them know it. And because of a dispute between federal safety regulators

WASHINGTON (AP) — The Supreme Court on Thursday sidestepped a case against Google that might have allowed more lawsuits against social media companies. The justices’ decision returns to a lower court the case of a family of an American college student who was killed in an Islamic State terrorist attack in Paris. The family wants