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AP National Business

McDonald’s franchises fined for child labor violations

LOUISVILLE, Ky. (AP) — Two 10-year-olds are among 300 children who worked at McDonald’s restaurants illegally, a Labor Department investigation of franchisees in Kentucky found. Agency investigators found the 10-year-olds received little or no pay at a McDonald’s in Louisville, the Labor Department said. The franchisee for the Louisville store was among three McDonald’s franchisees

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FormFactor: Q1 Earnings Snapshot

LIVERMORE, Calif. (AP) — LIVERMORE, Calif. (AP) — FormFactor Inc. (FORM) on Wednesday reported first-quarter net income of $1.3 million. On a per-share basis, the Livermore, California-based company said it had net income of 2 cents. Earnings, adjusted for one-time gains and costs, came to 16 cents per share. The results surpassed Wall Street expectations.

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Fastly: Q1 Earnings Snapshot

SAN FRANCISCO (AP) — SAN FRANCISCO (AP) — Fastly Inc. (FSLY) on Wednesday reported a loss of $44.7 million in its first quarter. The San Francisco-based company said it had a loss of 36 cents per share. Losses, adjusted for stock option expense and amortization costs, were 9 cents per share. The results surpassed Wall

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