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Stock market today: Wall Street drifts in mixed trading following earnings reports

Published Wed, 12 Feb 2025 08:18:01 GMT

NEW YORK (AP) — Wall Street is drifting following mixed earnings reports from big companies. The S&P 500 was virtually flat Tuesday, a day after clawing back a big chunk of its loss for October. The Dow was down 95 points, and the Nasdaq composite was 0.1% lower. Caterpillar dropped, even though it joined the growing list of companies reporting stronger profit for the summer than expected. Treasury yields were mixed after data showed growth in workers’ wages and benefits slowed by less than expected during the summer. That could influence the Federal Reserve’s moves on interest rates to control inflation. Its next announcement will arrive Wednesday. THIS IS A BREAKING NEWS UPDATE. AP’s earlier story follows below.(AP) — Wall Street edged modestly higher early Tuesday as markets pored over more corporate earnings while awaiting the Federal Reserve’s decision on interest rates coming Wednesday. Futures for the Dow Jones Industrial Average and the S&P 500 each gained 0.3%...

Deion Sanders speaks after loss to UCLA, theft at Rose Bowl

Published Wed, 12 Feb 2025 08:18:01 GMT

DENVER (KDVR) — The University of Colorado Buffaloes have lost two games in a row, but they are now looking for their fifth win of the season when they face Oregon State on Saturday.UCLA’s defense sacked Colorado’s Shedeur Sanders seven times and the 23rd-ranked Bruins claimed victory over the Buffs with a final score of 28-16. Jewelry stolen from CU Buffs players during game at Rose Bowl It is the third time this season Sanders has been sacked at least seven times in a game. The Buffs have allowed 42 this season, the most in the Football Bowl Subdivision according to Sportradar.Colorado coach Deion Sanders said his son received a pain-killing injection at halftime.Sanders and his Buffs are headed back to Boulder, hoping to beat the Beavers during homecoming. Coach Prime will be speaking at the University of Colorado Boulder during his weekly press conference on Tuesday. He is scheduled to speak between 10:30-11 a.m.Aside from discussing next week's game and the team's chance for ...

Don't throw out your pumpkins, do this instead

Published Wed, 12 Feb 2025 08:18:01 GMT

DENVER (KDVR) — After the sunny fall weather left and the cold and snow moved in, the pumpkin on your front porch might not be doing so well. Before trash day comes, make sure you are properly disposing of your pumpkins.While you could just throw your pumpkin in the trash, there are plenty of sustainable ways to reuse a pumpkin like cooking or planting it. You can watch a thousand-pound pumpkin get carved on Halloween If you are fully ready to say goodbye to your fall pumpkin, follow these eco-friendly practices.How to throw out your pumpkinsDo'sCompostThe City of Fort Collins recommends composting the pumpkin in your backyard or through a local composting system. Some other cities provide composting systems. The City of Denver supplied residents with green bins earlier this summer.Donate them to ranchesLocal ranches will take pumpkins as animal feed. However, if there is paint or wax on the pumpkin, the ranches won't take it because it's toxic to the animals, according to Colora...

Man stranded on plane’s wing following crash in Everglades

Published Wed, 12 Feb 2025 08:18:01 GMT

SOUTHWEST BROWARD, Fla. (WSVN) — Authorities responded to the scene of a plane crash in the Everglades near Southwest Broward County, Tuesday. Around 10:30 a.m., live video footage showed a man with an apparent leg injury on the damaged wing of a Cessna single-engine plane submerged in the swampy terrain. The crash site appeared to be 17 miles Southwest of North Perry Airport. According to FlightAware.com, the plane departed from the Okeechobee County Airport at 3 a.m. and reportedly crash landed about an hour later.Air boats and emergency responders were dispatched to the man’s location to give the pilot medical attention. Please check back on WSVN.com and 7News for more details on this developing story.

Meta rolls out paid ad-free option for European Facebook and Insta users after privacy ruling

Published Wed, 12 Feb 2025 08:18:01 GMT

LONDON (AP) — Facebook and Instagram users in Europe are getting the option to pay for ad-free versions of the social media platforms as a way to comply with the continent’s strict data privacy rules, parent company Meta said Monday.Starting in November, users on desktop browsers can pay about 10 euros ($10.50) a month while iOS or Android users will pay roughly 13 euros. The higher prices reflect commissions charged by the Apple and Google app stores on in-app payments, the company said in a blog post.The fee will cover all linked Facebook and Instagram accounts until March, when Meta will start charging 6 euros for each additional account. The Wall Street Journal reported on the plan earlier this month.The U.S. tech giant is rolling out the subscription option after the European Union’s top court ruled that under strict EU data privacy rules, Meta must first get consent before showing ads to users. The ruling jeopardizes the company’s ability to make money by tailoring advertiseme...

Walmart stores are getting a new look. Here’s what the redesigned stores look like

Published Wed, 12 Feb 2025 08:18:01 GMT

New York (CNN) — Walmart unveiled over a hundred revamped stores on Monday that have been recalibrated to pull in more customers and keep them in stores for longer, too.The aim is to get them to shop at Walmart for things other than staples like groceries and everyday necessities.During the pandemic, customers were flocking to big box stores for all manner of stay-at-home gadgets, including huge televisions and exercise equipment. But when people began to return to their pre-pandemic lives – and as inflation took a bite – people started giving up on those kinds of discretionary purchases.Although Walmart has fared better than Target and other rivals in recent months, it’s not immune to consumers focusing more on their needs and less on their wants. While the retailer has remained competitive with Target and other discounters on food sales, it has struggled to get shoppers to buy the the sort of items, like home goods and electronics, that bring in much larger profits.So Walmart said...

EU commissioner Breton to visit Beijing and Hong Kong

Published Wed, 12 Feb 2025 08:18:01 GMT

BRUSSELS — The European Union’s industry chief Thierry Breton will visit China next month, an aide told POLITICO on Tuesday.The trip will take Breton to Beijing from November 8 to 10, as well as Hong Kong on November 11, according to the aide.The visit by Breton, the European commissioner for the internal market, follows a series of recent trips to China by senior eurocrats, including trade chief Valdis Dombrovskis, his digital colleague Věra Jourová and the bloc’s foreign policy chief, Josep Borrell. It comes amid heightened trade friction between the EU and China, most notably over a recent European Commission probe into state subsidies behind made-in-China electric vehicles.Beijing has yet to confirm the timing of a planned EU-China Summit, even though the EU hasproposed a couple of dates in December, POLITICO has learned. Breton will be the first top EU official to visit Hong Kong since pro-democracy protests there in 2019.

Man accused of opening fire in Boston’s North End pleads not guilty 

Published Wed, 12 Feb 2025 08:18:01 GMT

The man accused of opening fire in the North End over the summer pleaded not guilty in court Tuesday as he faces charges related to the incident. Officials said Patrick Mendoza allegedly fired multiple shots at a man on Hanover Street on July 12 before riding away on his bike.The man was not hurt but the shooting damaged the window of the nearby Modern Pastry. Video from the night of the shooting obtained by 7NEWS showed a man who police say was Mendoza as he rode up on a bicycle and began firing. The victim could be seen running away after taking cover behind a nearby vehicle. Authorities obtained an arrest warrant for Mendoza, 54, after the shooting. Police then took Mendoza into custody on July 21 at a detox facility in Falmouth. Mendoza is the now-former owner of Monica’s Trattoria in the North End. He was indicted in August on various charges. 

Suspect sought in unprovoked attack on GO train near Agincourt station

Published Wed, 12 Feb 2025 08:18:01 GMT

Toronto police are looking to identify a suspect who they say assaulted a passenger in an unprovoked attack on a GO train over the weekend.Police were called to the scene just before 2 p.m. on Sunday, Oct. 29, for an alleged assault between Milliken and Agincourt stations.Investigators say a man randomly struck a passenger in the face with a heavy object. He then exited the train at Agincourt Station and headed towards Sheppard Avenue.The victim was taken to hospital with non-life-threatening injuries.Police say the suspect is male, six-feet tall, 200 pounds, with short black hair and a black beard. He was wearing sunglasses, a black leather jacket with grey stains, black hooded sweater, black jeans with grey stains, black shoes with white soles, and untied laces. He was also walking with a brown wooden cane at the time.

Cameco shares up after reporting Q3 profit and raising revenue outlook for 2023

Published Wed, 12 Feb 2025 08:18:01 GMT

SASKATOON — Shares in Cameco Corp. rose nearly 10 per cent after it raised its revenue outlook for 2023 and reported a profit of $148 million in its latest quarter compared with a loss a year ago.The uranium miner says the profit amounted to 34 cents per diluted share for the quarter ended Sept. 30 compared with a loss of $20 million or five cents per diluted share a year earlier.Revenue for the quarter totalled $575 million, up from $389 million in the same quarter last year.On an adjusted basis, Cameco says it earned 32 cents per diluted share, up from an adjusted profit of three cents per diluted share a year earlier.In its updated outlook, Cameco says it now expects consolidated revenue between $2.43 billion and $2.58 billion for 2023, up from its earlier expectations for between $2.38 billion and $2.53 billion, primarily driven by higher expected average realized prices under its contract portfolio. Cameco shares were up $4.85 at $57.21 in early Tuesday trading on the Toronto S...