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STATE COLLEGE Kish Bank income down Kish Bancorp Inc., parent company of Kish Bank, reported net income of $5.3 million, or $1.76 per share, for the first quarter of 2026, compared to $5.5 million, or $1.84 per share, for the fourth quarter of 2025, and $3.6 million, or $1.21 per share, for the first quarter of 2025. Results for the first quarter of 2026 included an $845,000 provision for credit losses, compared to a $393,000 provision expense in the fourth quarter of 2025, and a $159,000 provision expense in the first quarter of 2025. All results are unaudited. Kish Bancorp ...

Walmart plans to remodel 32 stores across Pennsylvania

Walmart has announced continued reinvestment across Pennsylvania, with plans in 2026 to remodel 32 stores as part of ongoing efforts to modernize the in-store and digital shopping experience — upgrading layouts, technology and services to offer faster, more convenient shopping and delivery in as little as an hour for most customers. These efforts reflect Walmart’s commitment to supporting economic growth and strengthening communities statewide. Three area stores are included: 200 Commerce Drive, Duncansville; 72 Bedford Square, Everett and 373 Benner Pike, State College. Across ...

BBC to cut 2K jobs to reduce costs

LONDON — The BBC said Wednesday that it plans to cut up to 2,000 jobs to save 10% of its annual budget — $677 million — over the next two years. The layoffs announced during a call with staff are the biggest in more than a decade at the U.K. national broadcaster. “I know this creates real uncertainty, but we wanted to be open about the challenge,” interim Director-General Rhodri Talfan Davies said in a staff email. Davies said that the reductions were driven by inflation, pressures to license fee and commercial income and a turbulent global economy. The BBC said earlier ...

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Prosecutors sought access to Fed building Federal prosecutors made an unannounced visit this week to a construction site at Federal Reserve headquarters that is the focus of an investigation into a $2.5 billion renovation project, according to two people familiar with the visit. Two prosecutors and an investigator from U.S. Attorney Jeanine Pirro’s office were turned away on Tuesday by a building contractor and referred to Fed attorneys, one of the people said. The two people familiar with the visit spoke on condition of anonymity because they weren’t authorized to publicly ...

Jet fuel supplies are greatly lagging

NEW YORK — A looming jet fuel shortage in Europe and Asia sparked by the Iran war and the effective closure of the Strait of Hormuz could further upend world travel within weeks if oil doesn’t start flowing again soon — meaning higher airfares and flight cancellations as the summer travel season approaches. In an exclusive Associated Press interview, International Energy Agency Director Fatih Birol said Europe has “maybe six weeks” of remaining jet fuel supplies and said the global economy faces its “largest energy crisis.” In general, some European countries hold several ...