AP News

FARMINGTON, Conn. (AP) — FARMINGTON, Conn. (AP) — Otis Worldwide Corporation (OTIS) on Wednesday reported first-quarter net income of $353 million.

SCHAFFHAUSEN, Switzerland (AP) — SCHAFFHAUSEN, Switzerland (AP) — TE Connectivity Ltd. (TEL) on Wednesday reported fiscal second-quarter net income of $541 million.

PARIS (AP) — PARIS (AP) — Constellium NV (CSTM) on Wednesday reported profit of $17.4 million in its first quarter.

IRVINE, Calif. (AP) — IRVINE, Calif. (AP) — Pacific Premier Bancorp Inc. (PPBI) on Wednesday reported first-quarter earnings of $47 million.

WALTHAM, Mass. (AP) — WALTHAM, Mass. (AP) — Thermo Fisher Scientific Inc. (TMO) on Wednesday reported first-quarter net income of $1.33 billion.

ST. LOUIS (AP) — ST. LOUIS (AP) — Bunge Global SA (BG) on Wednesday reported first-quarter earnings of $244 million.

The Biden administration has announced plans for a new five-year schedule to lease federal offshore tracts for wind energy production

STAMFORD, Conn. (AP) — STAMFORD, Conn. (AP) — Synchrony Financial (SYF) on Wednesday reported first-quarter net income of $1.29 billion.

The hugely popular Chinese app TikTok may be forced out of the U.S., where a measure to outlaw the video-sharing app has won congressional approval and is on its way to President Biden for his signature

Foreign automakers have been caught flat-footed in China by an electric vehicle boom that has shaken up the market over the last three years

BEIJING (AP) — BEIJING (AP) — New Oriental Education & Technology Group Inc. (EDU) on Wednesday reported net income of $87.2 million in its fiscal third quarter.

HOUSTON (AP) — HOUSTON (AP) — Group 1 Automotive Inc. (GPI) on Wednesday reported first-quarter profit of $144.6 million.

MEDFORD, Ore. (AP) — MEDFORD, Ore. (AP) — Lithia Motors Inc. (LAD) on Wednesday reported first-quarter profit of $162.6 million.

TOKYO (AP) — TOKYO (AP) — Canon Inc. (CAJPY) on Wednesday reported first-quarter net income of $403.7 million.

ROME ITALY, Italy (AP) — ROME ITALY, Italy (AP) — Eni SpA (E) on Wednesday reported profit of $1.31 billion in its first quarter.

Asian shares are mostly lower as investors look ahead to a flood of global earnings reports, including from U_S_ companies known as the “Magnificent Seven.”

Germany says that it plans to follow several other countries in resuming cooperation with the U.N. relief agency for Palestinians in Gaza after the publication of an independent review of its neutrality

Iranian President Ebrahim Raisi says Israel must be brought to justice for “usurpation and oppression” of the Palestinian territories, if not there won’t be a guarantee that others would not do the same in other lands

New Jersey is incentivizing taxpayers who work from home for New York based employers to sue New York in court for taxing their wages

Like many little girls, a young Kristi Yamaguchi loved playing with Barbie

After years of attempts to ban the Chinese-owned app, including by former President Donald Trump, a measure to outlaw the popular video-sharing app has won congressional approval and is on its way to President Biden for his signature

The USPS announced on Tuesday it will continue with its plan to reroute Reno-area mail processing to Sacramento, a move that drew bipartisan ire from Nevada lawmakers while raising questions about the rate at which mail ballots can be processed in a populous part of a crucial swing state

The Senate has passed legislation that would force TikTok’s China-based parent company to sell the social media platform under the threat of a ban, a contentious move by U.S. lawmakers that’s expected to face legal challenges and disrupt the lives of content creators who rely on the short-form video app for income

Congress sends Biden bill requiring TikTok's parent company to sell the platform or face a US ban