(Springville) – Regional high school sophomore students enrolled in the Careers in Advanced Manufacturing (CAM) P-TECH program participated in a presentation entitled, “You Want a Job?” during their week-long Summer Bridge Program held recently. Ellen Ditonto, Jamestown BPU Business ...
TOKYO (AP) — Japanese entertainment and electronics company Sony said Thursday that its profit surged 23% in the last quarter from the year before, as damage from U.S. President Donald Trump’s tariffs was less than it had expected. The Tokyo-based manufacturer reported its April-June profit totaled 259 billion yen, or $1.8 billion, up from 210 billion yen. Quarterly sales edged up 2% to 2.6 trillion yen ($17.7 billion) as demand grew for games and network services, imaging solutions and sensors. The maker of PlayStation game machines, digital cameras, Walkman audio players and ...
The average rate on a 30-year U.S. mortgage has fallen to its lowest level in four months, welcome news for prospective homebuyers who have been held back by stubbornly high home financing costs. The long-term rate fell to 6.63% from 6.72% last week, mortgage buyer Freddie Mac said Thursday. A year ago, the rate averaged 6.47%. Borrowing costs on 15-year fixed-rate mortgages, popular with homeowners refinancing their home loans, also fell. The average rate dropped to 5.75% from 5.85% last week. A year ago, it was 5.63%, Freddie Mac said. Elevated mortgage rates have helped keep the ...
The more than 130-year-old Eastman Kodak Co. is cautioning on its business operations, but says it is confident it will be able to work out upcoming debt obligations. “Kodak has debt coming due within 12 months and does not have committed financing or available liquidity to meet such debt obligations if they were to become due in accordance with their current terms,” the company wrote in a regulatory filing. “These conditions raise substantial doubt about Kodak’s ability to continue as a going concern.” The Rochester, New York-based company said that it had $155 million of ...
A focus on value — along with hot products like a “Minecraft”-themed meal — helped McDonald’s turn around its sagging sales in the second quarter. McDonald’s Chairman and CEO Chris Kempczinski said Wednesday that the company’s McValue menu, which was introduced in January, is ...
NEW YORK (AP) — Exxon Mobil’s second-quarter profit dropped to the lowest level in four years and sales fell as oil prices slumped as OPEC+ ramped up production. The Texas oil driller still topped Wall Street profit expectations Friday and shares rose slightly before the opening bell, ...
