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AP Top Business News at 8:53 a.m. EDT

US economy expected to pick up after weak growth in spring
WASHINGTON (AP) -- A surprisingly lackluster economy last quarter served as a reminder of how choppy the pace of growth has been since the Great Recession ended seven years ago. Businesses pared their stockpiling and investment through the spring. But consumers - the heart of the U.S. economy - kept spending....

US regulators: Still heavy risk in big bank loans
WASHINGTON (AP) -- Federal regulators say risk remains heavy in large loans made by banks and other financial institutions, though lending standards have improved....

Cheaper oil sends Exxon, Chevron to worst quarter in years
DALLAS (AP) -- Cheaper oil is leading to the lowest summer gasoline prices in years, and it is causing heartburn for oil companies and their shareholders....

State pact with Hershey Trust would limit member pay, terms
HARRISBURG, Pa. (AP) -- State regulators and a $12 billion trust established by the founder of chocolate maker Hershey to educate poor children have announced a deal to revamp the trust's board and change its operating rules following reports about its lavish spending....

AP Sources: Tesla looking at cameras, radar in Florida crash
DETROIT (AP) -- Tesla engineers told members of a Senate committee they are looking into the role cameras and radar played in the fatal crash of a Model S using self-driving mode, according to two people familiar with a meeting held Thursday....

Some 100 aircraft from 9 countries stage airshow in Romania
BUCHAREST, Romania (AP) -- Some 100 military and civilian airplanes and helicopters from nine countries have begun daring air exercises at an airshow in the Romanian capital....

Italian banking official: Stress test restores credibility
MILAN (AP) -- The head of the Italian Banking Association says that the European stress test has restored credibility to the nation's banking sector....

No criminal charges in probe of Curt Schilling's 38 Studios
SCITUATE, R.I. (AP) -- An investigation into former Boston Red Sox pitcher Curt Schilling's failed video game company, 38 Studios, has resulted in no criminal charges, authorities announced Friday....

What's troubling athletes arriving in Rio? No 'Pokemon Go'
RIO DE JANEIRO (AP) -- So the plumbing and electricity in the athletes' village took several days to fix. Who cares?...

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Exxon Mobil and Stericycle stumble; Alphabet and Newell jump

AP Sources: Tesla looking at cameras, radar in Florida crash

Cheaper oil sends Exxon, Chevron to worst quarter in years

US economy expected to pick up after weak growth in spring

Markets Right Now: Stocks end mostly higher

Stocks slightly higher as oil prices reverse decline

US rig count up 1 this week to 463