Latest Business News
Judge: BNSF intentionally violated Swinomish tribe agreement
SEATTLE (AP) — A federal judge ruled Monday that BNSF Railway intentionally violated the terms of an easement agreement with the Swinomish Indian Tribal Community in Washington state by running 100-car trains carrying crude oil over the reservation. The ruling in the civil case...
Galiano Gold: Q4 Earnings Snapshot
VANCOUVER, British Columbia (AP) — VANCOUVER, British Columbia (AP) — Galiano Gold Inc. (GAU) on Tuesday reported net income of $28.5 million in its fourth quarter. On a per-share basis, the Vancouver, British Columbia-based company said it had net income of 13 cents. Losses,...
Biden: GOP policies would surrender tech economy to China
DURHAM, North Carolina (AP) — President Joe Biden said Tuesday that Republicans' ideas for cutting the budget could undermine U.S. manufacturing and help China dominate the world economy. Speaking at a semiconductor maker in North Carolina to highlight his own policies, Biden is...
Emeren Group: Q4 Earnings Snapshot
STAMFORD, Conn. (AP) — STAMFORD, Conn. (AP) — Emeren Group Ltd (SOL) on Tuesday reported fourth-quarter profit of $4.8 million. On a per-share basis, the Stamford, Connecticut-based company said it had profit of 8 cents. Earnings, adjusted for non-recurring gains, came to 6 cents...
Arizona governor Hobbs vetoes the ban on sales tax for food
PHOENIX (AP) — Arizona Gov. Katie Hobbs vetoed a food tax bill Tuesday that would have prevented cities and municipalities from taxing groceries. In a letter sent to the Legislature, Hobbs said she believed the bill wouldn’t eliminate costs onto consumers and instead shift the...
New Mexico court weighs fight over coal-fired power plant
ALBUQUERQUE, N.M. (AP) — New Mexico’s largest electric provider wants the state’s highest court to overturn a 2021 decision by regulators who rejected a proposal to transfer its shares in a coal-fired power plant to a Navajo energy company. The state Supreme Court heard...
Progress Software: Fiscal Q1 Earnings Snapshot
BURLINGTON, Mass. (AP) — BURLINGTON, Mass. (AP) — Progress Software Corp. (PRGS) on Tuesday reported fiscal first-quarter earnings of $23.7 million. The Burlington, Massachusetts-based company said it had net income of 53 cents per share. Earnings, adjusted for one-time gains and...
NCino: Fiscal Q4 Earnings Snapshot
WILMINGTON, N.C. (AP) — WILMINGTON, N.C. (AP) — NCino, Inc. (NCNO) on Tuesday reported a loss of $21.2 million in its fiscal fourth quarter. On a per-share basis, the Wilmington, North Carolina-based company said it had a loss of 19 cents. Earnings, adjusted for non-recurring...
Deadly chocolate factory blast highlights combustion risks
Last week's fatal blast at a Pennsylvania chocolate factory highlighted the combustibility of food plants in general and chocolate making in particular. The powerful explosion at 75-year-old R.M. Palmer Co. — which makes chocolate eggs, bunnies, bars, coins and other treats —...
Jefferies: Fiscal Q1 Earnings Snapshot
NEW YORK (AP) — NEW YORK (AP) — Jefferies Financial Group Inc. (JEF) on Tuesday reported profit of $135.6 million in its fiscal first quarter. On a per-share basis, the New York-based company said it had profit of 54 cents. Earnings, adjusted for amortization costs, were 55 cents...
