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Stocks rise, oil prices fall, but war worries continue

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NEW YORK (AP) — Stocks rose, and oil prices eased Thursday as financial markets calmed in the wait to see what will come next after President Donald Trump raised doubts about the temporary truce in the war with Iran. The S&P 500 climbed 0.8% and more than recovered its loss from the day before, even though the United States launched new airstrikes against Iran, which responded by targeting U.S. allies in the Middle East. The Dow Jones Industrial Average added 139 points, or 0.3%, and the Nasdaq composite rallied 1.3%. In the oil market, prices gave back much of their jumps from ...

NC couple scoop up $37,650 in Newton Falls treasure hunt

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NEWTON FALLS — Trevor and Jennifer Debth of Raleigh, North Carolina are not leaving Newton Falls empty-handed as the couple are the winners of the five-month treasure hunt, which has brought hundreds of treasure seekers to the village. The Debths on Thursday visited Fieldview Acres ...

Iran, US intensify airstrikes in war

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DUBAI, United Arab Emirates — The United States launched new airstrikes against Iran early Thursday, and Tehran responded by targeting U.S.-allied Mideast countries in an exchange of fire that threatened an interim deal intended to help end the war in the Middle East. Back-and-forth ...

PepsiCo blames beverage losses on war, gas prices

Business News

NEW YORK (AP) — PepsiCo reported stronger-than-expected revenue in the second quarter despite weaker demand in North America, where it said consumers tightened their budgets as the Iran war caused gas prices to spike. “I think the consumer is worse than what we had anticipated, and it’s driven mainly by gas prices,” PepsiCo CEO Ramon Laguarta said Thursday during a conference call with investors. PepsiCo’s shares fell 4% in morning trading Thursday. The food and beverage giant said its net revenue rose 6.4% to $24.2 billion for the April-June period. That was better than ...

Nation and world at a glance for July 10

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Democrats in Maine begin search for new US Senate candidate PORTLAND, Maine — Democrats in Maine are beginning a sprint to nominate a new candidate for a pivotal U.S. Senate seat. The drive began after progressive nominee Graham Platner announced he’s withdrawing from the race after a sexual assault allegation. Democrats need to pick a candidate to replace Platner on the ballot by July 27, less than four months before the nominee will face longtime Republican Sen. Susan Collins in a race Democrats need to win to take back the chamber. Potential candidates began to come into ...

Suspect in Lincoln Reflecting Pool vandalism pleads not guilty

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WASHINGTON (AP) — A former Olympic canoe racer pleaded not guilty on Thursday to deliberately damaging the recently renovated Lincoln Memorial Reflecting Pool, a politically charged case that his defense attorneys and other Trump administration critics have derided as an abuse of prosecutorial power. David Hearn, who competed in three Summer Olympics, entered the plea through one of his attorneys during his initial appearance in D.C. Superior Court. Hearn, 67, of Bethesda, Maryland, was indicted last Thursday on a single felony count of property destruction. Before the country’s ...