Park Hotels & Resorts: Q1 Earnings Snapshot
TYSONS, Va. — Park Hotels & Resorts: Q1 Earnings Snapshot
Continue ReadingTYSONS, Va. — Park Hotels & Resorts: Q1 Earnings Snapshot
Continue ReadingCHICAGO — CNA Financial: Q1 Earnings Snapshot
Continue ReadingSAN JOSE, Calif. (AP) — SAN JOSE, Calif. (AP) — SJW Corp. (SJW) on Monday reported profit of $11.5 million in its first quarter. On a per-share basis, the San Jose, California-based company said it had profit of 37 cents. The parent of San Jose Water Co. posted revenue of $137.3 million in the period.
Continue ReadingNEW YORK — Loews: Q1 Earnings Snapshot
Continue ReadingHOUSTON — KBR: Q1 Earnings Snapshot
Continue ReadingBy KEN SWEET AP Business Writer NEW YORK (AP) — Regulators seized troubled First Republic Bank early Monday and sold all of its deposits and most of its assets to JPMorgan Chase Bank in a bid to head off further banking turmoil in the U.S. San Francisco-based First Republic is the third midsize bank to
Continue ReadingTEL AVIV, Israel — Check Point: Q1 Earnings Snapshot
Continue ReadingBy DAVID RISING Associated Press KYIV, Ukraine (AP) — Ukrainian officials say that Russia has launched its second large salvo of missiles at Ukraine in recent days. The attack damaged buildings and wounded at least 34 people in the eastern city of Pavlohrad but failed to hit Kyiv. Air raid sirens blared across the capital
Continue ReadingBy ELAINE KURTENBACH AP Business Writer Shares advanced Monday in Tokyo and Sydney while most world markets were closed for May 1 holidays. Traditional Labor Day holidays around the globe limited initial global market reactions to the Federal Deposit Insurance Corp.’s announcement that regulators had seized troubled First Republic Bank and will sell its assets
Continue ReadingTASHKENT, Uzbekistan (AP) — Uzbekistan’s central elections commission says that Uzbeks have given overwhelming approval in a referendum to constitutional changes that promise human rights reforms but that also would allow the country’s president to stay in office until 2040. The commission said Monday that more than 90% of those who cast ballots Sunday voted
Continue ReadingBy KEN SWEET AP Business Writer NEW YORK (AP) — Regulators seized troubled First Republic Bank early Monday and sold all of its deposits and most of its assets to JPMorgan Chase Bank in a bid to head off further banking turmoil in the U.S. San Francisco-based First Republic is the third midsize bank to
Continue ReadingBy HYUNG-JIN KIM Associated Press SEOUL, South Korea (AP) — Workers and activists around the world marked May Day on Monday with rallies calling for higher salaries, reduced working hours and other better working conditions. In France, unions plan massive demonstrations to protest President Emmanuel Macron’s recent move to raise the retirement age from 62
Continue ReadingBy YURI KAGEYAMA AP Business Writer TOKYO (AP) — Alibaba Group founder Jack Ma will be a visiting professor at Tokyo College, a research institute run by the prestigious University of Tokyo. The university said Monday that Ma will research sustainable agriculture and food production. It said Ma, who heads his own Jack Ma Foundation,
Continue ReadingBy HYUNG-JIN KIM Associated Press SEOUL, South Korea (AP) — A large number of workers and activists in Asian countries are set to mark May Day on Monday with protests calling for higher salaries and better working conditions, among other demands. May Day, which falls on May 1, is observed in many countries as a
Continue ReadingBy MAYSOON KHAN and MICHAEL HILL Associated Press SCHOHARIE, N.Y. (AP) — The operator of a limousine service involved in a crash that killed 20 people in central New York is going on trial. Nauman Hussain is charged with 20 counts each of criminally negligent homicide and second-degree manslaughter for the 2018 wreck in Schoharie,
Continue ReadingBy KEN SWEET AP Business Writer NEW YORK (AP) — Regulators searched for a solution to First Republic Bank’s woes over the weekend, hoping to find a way forward before U.S. stock markets opened Monday. San Francisco-based First Republic has struggled since the collapse of Silicon Valley Bank and Signature Bank in early March, as
Continue ReadingBy COLLIN BINKLEY AP Education Writer First came the good news. After taking classes at a community college, Ricki Korba was admitted to California State University, Bakersfield, as a transfer student. But when she logged on to her student account, she got a gut punch: Most of her previous classes wouldn’t count. The university rejected
Continue ReadingBy ELAINE KURTENBACH AP Business Writer Shares advanced Monday in Tokyo and Sydney while most Asian markets were closed for May 1 holidays. The traditional Labor Day holidays around the globe likely limited initial market reactions to a delay in an expected decision by U.S. regulators on what to do with troubled First Republic Bank.
Continue ReadingBy KEN SWEET AP Business Writer NEW YORK (AP) — Regulators continued their search for a solution to First Republic Bank’s woes over the weekend before stock markets were set to open Monday. San Francisco-based First Republic has struggled since the collapse of Silicon Valley Bank and Signature Bank in early March, as investors and
Continue ReadingBy JAKE COYLE AP Film Writer NEW YORK (AP) — It’s still Mario Time at the box office. “The Super Mario Bros. Movie” led ticket sales for the fourth straight weekend in U.S. and Canadian theaters with $40 million as the global haul for the Universal Pictures release surpassed $1 billion, according to studio estimates
Continue Reading