AP National Business

HOUSTON — Stellus Capital: Q1 Earnings Snapshot

SAN DIEGO (AP) — SAN DIEGO (AP) — Sonim Technologies, Inc. (SONM) on Monday reported net income of $227,000 in its first quarter. On a per-share basis, the San Diego-based company said it had profit of 1 cent. The company posted revenue of $25.8 million in the period. _____ This story was generated by Automated

By ZEKE MILLER, SEUNG MIN KIM, JOSH BOAK and LISA MASCARO Associated Press WASHINGTON (AP) — House Speaker Kevin McCarthy said Tuesday that a federal debt deal with President Joe Biden is needed by next week if Washington hopes to avert a catastrophic national default as a June 1 deadline nears when money could run

By DAVID BAUDER AP Media Writer NEW YORK (AP) — Fox News paid $787 million to settle a recent lawsuit on its reporting after the 2020 election to avoid a divisive trial and lengthy appeals process, its parent company’s chief executive said on Tuesday. Lachlan Murdoch, executive chairman and CEO of Fox Corp., also noted

DALLAS — Sabine Royalty: Q1 Earnings Snapshot

SEATTLE — Neoleukin: Q1 Earnings Snapshot

By STAN CHOE AP Business Writer NEW YORK (AP) — Wall Street is edging lower Tuesday following some mixed earnings reports, as stocks remain roughly where they’ve been stuck for more than a month. The S&P 500 was 0.3% lower in late trading. The Dow Jones Industrial Average was down 20 points, or 0.1%, at

By FATIMA HUSSEIN Associated Press WASHINGTON (AP) — The United States has sanctioned a son of Mexican drug lord Joaquin “El Chapo” Guzman, three members of the Sinaloa cartel and two Mexican-based firms, alleging they trafficked fentanyl and other drugs into the U.S. Tuesday’s sanctions came the day Mexican President Andrés Manuel López Obrador was

By MICHELLE CHAPMAN AP Business Writer NEW YORK (AP) — Goldman Sachs will pay $215 million to settle a years-long class action lawsuit that claimed the bank discriminated against women when it came to pay, performance evaluations and promotions. The lawsuit, initially filed in September 2010, was set to go to trial next month. The

By TOM MURPHY AP Health Writer Novavax is cutting about a quarter of its global workforce as the COVID-19 vaccine maker seeks to slash expenses while dealing with uncertain future revenue. The company says it expects to trim next year’s costs for research and development as well as selling, general and administrative expenses by about

By LORNE COOK Associated Press BRUSSELS (AP) — European Union lawmakers investigating the use of Pegasus spyware say they are deeply concerned about abuses in Hungary and Poland. They’re also lamenting the lack of government cooperation with their inquiry. The spyware developed by Israeli company NSO has been used around the world to break into

The Associated Press About 8.3 million Hyundais and Kias dating to the 2011 model year can be stolen easily by using just a screwdriver and a USB cord, creating an auto-theft outbreak across the U.S. The cars lack theft immobilizers, whereby computer chips in car keys and steering columns must recognize each other before the

By WYATTE GRANTHAM-PHILIPS AP Business Writer WASHINGTON (AP) — Bedding provider Tempur Sealy has agreed to acquire Mattress Firm in a cash-and stock-transaction valued at about $4 billion, the companies said Tuesday. Mattress Firm operates more than 2,300 brick-and-mortar retail locations and an e-commerce platfom. After the Tempur Sealy acquistion is complete, the two companies

By TOM KRISHER AP Auto Writer Nearly three months ago, Hyundai and Kia unveiled software that was designed to thwart an epidemic of thefts of their vehicles, caused by a security flaw that was exposed on TikTok and other social media sites. So far, it hasn’t solved the problem. Across the country, thieves are still

By JIMMY GOLEN AP Sports Writer WORCESTER, Mass. (AP) — Automatic balls and strikes could soon be coming to the major leagues. Much like the players themselves, the robo-umps are working their way up through the minors with the goal being promoted to the show. The goal is to eliminate the individual and sometimes inconsistent

By DAVID KOENIG AP Airlines Writer Irish airline Ryanair is making a big order for Boeing 737 Max jets. Ryanair said Tuesday that it has agreed to order 150 Max planes with an option for 150 more. That would be the biggest aircraft purchase in the airline’s history and a boost for Boeing. At Boeing’s

ELKHART, Ind. — LCI: Q1 Earnings Snapshot

BURLINGTON, Mass. — Everbridge: Q1 Earnings Snapshot

PROVIDENCE, R.I. — Bally’s: Q1 Earnings Snapshot

DURHAM, N.C. — Precision BioSciences: Q1 Earnings Snapshot