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Business

Tech and communications stocks push US indexes to more records

Wall Street capped a milestone-setting week Friday with a few more as modest gains nudged the major stock indexes to all-time highs. The benchmark S&P 500 index also notched its second-straight weekly gain. Technology stocks powered much of the market’s broad gains, along with ...

Stock indexes rally to more record highs, led by tech gains

Another rally on Wall Street powered stock indexes to more records Thursday. The S&P 500, Dow Jones Industrial Average and Nasdaq composite notched all-time highs, extending the market’s gains after a strong start to the year. A batch of solid economic data injected more optimism into ...

Kish Bancorp, Inc. Announces Fourth Quarter Financial Results

STATE COLLEGE—William P. Hayes, Chairman and CEO of Kish Bancorp, Inc., has announced unaudited financial results for the twelve-month period ending December 31, 2019. “2019 was a tremendous year where Kish validated its capacity to perform at a high level for our customers, communities, ...

China welcomes US deal, says ‘core concerns’ must be met

BEIJING (AP) — China’s government welcomed an interim trade deal with Washington and said Thursday the two sides need to address each other’s “core concerns.” The “Phase 1” agreement shows Beijing and Washington “can find appropriate and effective solutions to relevant issues ...

Slight gains send Dow Jones Industrial Average above 29,000

The Dow Jones Industrial Average closed above 29,000 points for the first time and the S&P 500 index hit its second record high in three days Wednesday. The milestones came on a day when the market traded in a narrow range as investors weighed the latest batch of corporate earnings ...

Want to sell on Amazon? Businesses must weigh all of the pros and cons

NEW YORK (AP) — While many small manufacturers and retailers believe Amazon is the place to be, Lyris Autran is forgoing the opportunity. Autran wants to keep the prices on her leashes, bowls and other products for dogs competitive. It costs money to sell on Amazon.com — a 15% fee on each ...

Emphasis on US exports, trade secrets in the China trade deal

WASHINGTON (AP) — The United States and China reached a trade deal Wednesday that eases tensions between the world’s two biggest economies, offers massive export opportunities for U.S. farms and factories, and promises to do more to protect American trade secrets. Still, the Phase 1 ...

Stocks cling to tiny gains as investors parse trade signals

Major U.S. stock indexes closed mixed Tuesday, shedding most of their gains from earlier in the day, after a published report revealed that an interim trade deal between the U.S. and China does not remove tariffs on Chinese goods. The benchmark S&P 500 and Nasdaq composite finished ...

China welcomes currency decision ahead of the trade deal with the US

BEIJING (AP) — China on Tuesday welcomed a U.S. decision ahead of the signing of a trade deal with Beijing to drop it from a list of governments accused of manipulating the value of their currencies to gain an unfair advantage in trade. Just two days ahead of the planned signing of the ...

Russians hacked company key to Ukraine scandal: researchers

BOSTON (AP) — A U.S. cybersecurity company says Russian military agents have successfully hacked the Ukrainian gas company at the center of the scandal that led to President Donald Trump’s impeachment. Russian agents launched a phishing campaign in early November to steal the login ...