PARIS — Europe has "maybe six weeks or so" of remaining jet fuel supplies, the head of the International Energy Agency said Thursday in a wide-ranging interview, warning of possible flight cancellations "soon" if oil supplies remain blocked by the Iran war. IEA Executive Director Fatih ...
NEW YORK — The U.S. stock market ticked to another record high Thursday as Wall Street waits for more clues about what will happen in the Iran war before making its next big move. The S&P 500 rose 0.3%, a day after topping its prior all-time high set in January, for its 11th gain in 12 days. The Dow Jones Industrial Average added 115 points, or 0.2%, and the Nasdaq composite rose 0.4%. U.S. stocks have leaped more than 10% since hitting a low in late March, driven by hopes for an end to the war or something that could avert a worst-case scenario for the global economy. Now, the wait ...
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 ...
NEW YORK — The owner of home shopping network pioneer QVC — which for years garnered the attention of millions of TV viewers looking for a deal on baubles and housewares, is planning to file for Chapter 11 bankruptcy protection. A filing about imminent bankruptcy protection by parent ...
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 ...
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 ...
