Latest Business News

Tennessee lawmakers adjourn after finalizing $1.9B tax cut and refund for businesses

Apr. 25, 2024 20:02 PM EDT

NASHVILLE, Tenn. (AP) — Tennessee's GOP-controlled General Assembly on Thursday adjourned for the year, concluding months of tense political infighting that doomed Republican Gov. Bill Lee's universal school voucher push. But a bill allowing some teachers to carry firearms in public schools and...

SJW: Q1 Earnings Snapshot

Apr. 25, 2024 20:01 PM EDT

SAN JOSE, Calif. (AP) — SAN JOSE, Calif. (AP) — SJW Corp. (SJW) on Thursday reported profit of $11.7 million in its first quarter. The San Jose, California-based company said it had profit of 36 cents per share. The parent of San Jose Water Co. posted revenue of...

Net neutrality restored as FCC votes to regulate internet providers

Apr. 25, 2024 19:57 PM EDT

SAN FRANCISCO (AP) — The Federal Trade Commission on Thursday voted to restore “net neutrality” rules that prevent broadband internet providers such as Comcast and Verizon from favoring some sites and apps over others. The move effectively reinstates a net neutrality order the...

NorthWestern: Q1 Earnings Snapshot

Apr. 25, 2024 19:40 PM EDT

SIOUX FALLS, S.D. (AP) — SIOUX FALLS, S.D. (AP) — NorthWestern Corp. (NWE) on Thursday reported earnings of $65.1 million in its first quarter. The Sioux Falls, South Dakota-based company said it had profit of $1.06 per share. Earnings, adjusted for non-recurring costs, were...

Biden celebrates computer chip factories, pitching voters on American 'comeback'

Apr. 25, 2024 19:30 PM EDT

SYRACUSE, N.Y. (AP) — President Joe Biden on Thursday sought to sell voters on an American “comeback story” as he highlighted longterm investments in the economy in upstate New York to celebrate Micron Technology's plans to build a campus of computer chip factories made possible in part with...

First Savings Financial: Fiscal Q2 Earnings Snapshot

Apr. 25, 2024 19:20 PM EDT

JEFFERSONVILLE, Ind. (AP) — JEFFERSONVILLE, Ind. (AP) — First Savings Financial Group Inc. (FSFG) on Thursday reported profit of $4.9 million in its fiscal second quarter. On a per-share basis, the Jeffersonville, Indiana-based company said it had profit of 72 cents. Earnings,...

Heritage Commerce: Q1 Earnings Snapshot

Apr. 25, 2024 18:53 PM EDT

SAN JOSE, Calif. (AP) — SAN JOSE, Calif. (AP) — Heritage Commerce Corp. (HTBK) on Thursday reported first-quarter profit of $10.2 million. The San Jose, California-based bank said it had earnings of 17 cents per share. The results did not meet Wall Street...

Grupo Televisa: Q1 Earnings Snapshot

Apr. 25, 2024 18:39 PM EDT

MEXICO CITY (AP) — MEXICO CITY (AP) — Grupo Televisa SAB (TV) on Thursday reported profit of $56.1 million in its first quarter. On a per-share basis, the Mexico City-based company said it had profit of 10 cents. Earnings, adjusted to account for discontinued operations, came to...

Selling weight-loss and muscle-building supplements to minors in New York is now illegal

Apr. 25, 2024 18:35 PM EDT

ALBANY, N.Y. (AP) — It’s now illegal to sell weight-loss and muscle-building supplements to minors in New York, under a first-in-the-nation law that went into effect this week. Experts say loose federal regulation of dietary supplements has resulted in these products sometimes...

Gusts of activity underway by friends and foes of offshore wind energy projects

Apr. 25, 2024 18:26 PM EDT

LONG BEACH TOWNSHIP, N.J. (AP) — Government supporters of offshore wind energy projects in New Jersey and New York are trading blows with opponents in some shore towns who say many vacationers and local residents don't want to see turbines filling the ocean horizon. Eight Jersey...