Business

Stocks climb to records on hopes for lower interest rates

NEW YORK (AP) — The major U.S. stock indexes closed at record highs on Friday, with the S&P 500 ending above 3,000 for the first time. The market was driven higher by technology, consumer discretionary and industrial company stocks, which more than offset the drop in ...

Huawei calls on United States to lift several export restrictions

SHENZHEN, China (AP) — The chairman of Huawei said Friday the Chinese tech giant has yet to see any benefit from President Donald Trump’s promise to allow U.S. companies to sell some components to the company and called on Washington to remove it from a security blacklist. The “unjust ...

Kish Bancorp elects directors at meeting

BELLEVILLE — Spyros A. Degleris, of State College, Dr. James J. Lakso of Huntingdon, Kathleen L. Rhine of State College, and George V. Woskob of State College were elected Directors of Kish Bancorp Inc. at the company’s 119th annual shareholders’ meeting in May in Belleville. All will ...

Volkswagen, Ford to team up to make autonomous, electric vehicles

NEW YORK (AP) — Volkswagen will invest $2.6 billion into a Pittsburgh autonomous vehicle company that’s mostly owned by Ford as the automakers who were once rivals deepen their partnership to develop driverless and electric vehicles in an ultra-competitive landscape. The two automakers ...

In the region

Job fair to be held in Centre County BELLEFONTE — PA CareerLink Centre County is pleased to announce its Summer Job Fair to be held from 2 to 4:30 p.m. June 12 at its 240 Match Factory location in Bellefonte. Featuring part-time, full-time and seasonal openings, this job fair provides a ...

Fiat Chrysler proposes $40B merger with Renault

PARIS (AP) — Fiat Chrysler proposed on Monday to merge with France’s Renault to create the world’s third-biggest automaker, worth $40 billion, and combine forces in the race to make electric and autonomous vehicles. The merged company would reshape the global industry: it would produce ...

As North Dakota oil soars, so does waste of natural gas

BISMARCK, N.D. (AP) — North Dakota oil drillers are falling far short of the state’s goals to limit the burning of excess natural gas at well heads, five years after the state adopted the rules to reduce the wasteful and environmentally harmful practice. The industry has spent billions of ...

Pediatrician joins Geisinger clinic

LEWISTOWN — Dr. Bijal Patel, a board-certified pediatrician by the American Board of Pediatrics has joined the staff at Geisinger Lewistown Clinic. Patel provides routine care as well as the treatment of common illnesses and injuries to pediatric patients. Patel earned her medical degree ...

GOP Sen. Ernst wary of Moore for Federal board, cites views on women

WASHINGTON (AP) — A Republican senator expressed doubts Monday about supporting Stephen Moore to join the Federal Reserve board and other GOP lawmakers were decidedly noncommittal, suggesting that President Donald Trump’s selection for the post might be in trouble. Lawmakers’ comments ...

Stocks up to a new high

NEW YORK (AP) — U.S. stock indexes edged further into record territory Monday following more signs that the economy is growing in the not too hot, not too cold way that investors love. The S&P 500 index ticked up by 3.15 points, or 0.1%, to 2,943.03. Big gains for banks led the way on ...