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AP National Business

EVgo, Sprinklr rise; Semtech, Verint fall

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Thursday: Beam Global, down $2.23 to $14.47. The electric vehicle charging company reported a bigger fourth-quarter loss than analysts’ expected. Franklin Covey Co., down $7.98 to $36.24. The corporate training and consulting company reported disappointing fiscal second-quarter financial results. Sprinklr Inc., up

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Bank failures highlight declining deposits

By DAMIAN J. TROISE AP Business Writer Depositors have accelerated withdrawals amid recent bank failures and sharply rising interest rates, raising concerns about the industry’s health and ability to withstand a crisis, experts says. Bank deposits fell by nearly $720 billion between the second and fourth quarters of 2022, leaving banks’ cash assets at their

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House GOP approves broad bill to ‘unleash’ American energy

By MATTHEW DALY Associated Press WASHINGTON (AP) — House Republicans have passed a sprawling energy package that would counter virtually all of President Joe Biden’s agenda to address climate change. The bill approved Thursday would sharply increase domestic production of oil, natural gas and coal, and ease permitting restrictions that delay pipelines, refineries and other

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Congress approves measure to toss Biden’s water protections

By MICHAEL PHILLIS and MARY CLARE JALONICK Associated Press WASHINGTON (AP) — Congress on Wednesday approved a resolution to overturn the Biden administration’s protections for the nation’s waterways that Republicans have criticized as a burden on business, advancing a measure that President Joe Biden has promised to veto. Republicans have targeted the Biden administration’s protections

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