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Stocks drift ahead of week’s deluge of profit, economic data

Published Tue, 24 Dec 2024 02:15:52 GMT

NEW YORK (AP) — U.S. stock indexes are drifting Monday, as Wall Street remains hesitant to make big moves amid questions about where the economy, interest rates and corporate profits are heading. The S&P 500 was 0.1% lower in midday trading after barely budging last week. The Dow Jones Industrial Average was up 14 points, or less than 0.1%, at 33,823, as of 11 a.m. Eastern, while the Nasdaq composite was 0.4% lower. Coca-Cola was rising 0.6% after reporting stronger profit and revenue for the first three months of the year. It was the only company in the S&P 500 to report Monday morning, but more than 170 others are scheduled to follow it this week. The question is whether they can top the low bar that Wall Street has set for them, and what CEOs for those companies say about prospects for profits later this year. Analysts expect S&P 500 companies to report a roughly 6% drop in earnings per share from a year earlier, which would be their worst showing since the spring of ...

Driver involved in fatal Apple store crash pleads not guilty

Published Tue, 24 Dec 2024 02:15:52 GMT

BROCKTON, Mass. (AP) — The driver of an SUV that crashed into a Massachusetts Apple store, killing one man and injuring nearly two dozen other people, was traveling as fast as 60 miles per hour (96 kilometers per hour) in the seconds before the crash and did not apply his brakes as he had told investigators, a prosecutor said in court Monday.Bradley Rein, 53, pleaded not guilty in Superior Court in Brockton to charges including second-degree murder and 22 counts of assault and battery with a dangerous weapon in connection with the Nov. 21 crash at an outdoor shopping plaza in Hingham, just south of Boston.Kevin Bradley, 65, of Wayne, New Jersey, who was doing construction work at the store, died when he was struck by Rein’s 2019 Toyota 4Runner, prosecutors said. The other 22 victims were either struck by the SUV or by debris.Rein’s vehicle “accelerated to a high speed … before it veered to the left, drove up onto the sidewalk and then crashed through the glass door...

Montgomery Co. school bus crash sends 4 children, 1 adult to hospital

Published Tue, 24 Dec 2024 02:15:52 GMT

A school bus crash in Montgomery County, Maryland, on Monday morning sent four children and one adult to the hospital, police said.The single-vehicle crash happened just before 9:30 a.m. in Silver Spring on Old Columbia Pike between Martello Drive and Briggs Chaney Road.A Montgomery County Public Schools spokeswoman said the bus was servicing Fairland Elementary School on Fairdale Road at the time of the crash.The driver and the children were all taken to the hospital with injuries that were not believed to be life-threatening.Old Columbia Pike remains closed between Martello Drive and Briggs Chaney Road.This is a developing story. Stay with WTOP for the latest. Source

Migrants mount legal challenge to UK-Rwanda deportation plan

Published Tue, 24 Dec 2024 02:15:52 GMT

LONDON (AP) — Several asylum-seekers and refugee groups began a court challenge on Monday to the British government’s plan to send hundreds of migrants on a one-way trip to Rwanda.The claimants’ attorney, Raza Husain, argued at the Court of Appeal in London that the “high-profile and controversial” policy was unlawful. He said Rwanda was “an authoritarian one-party state” that “imprisons, tortures and murders” opponents. The governments of Britain and Rwanda signed a deal a year ago under which some migrants who arrive in the U.K. in small boats would be flown to Rwanda, where their asylum claims would be processed. Those granted asylum would stay in Rwanda rather than return to Britain.Britain’s Conservative government says the plan will smash the business model of people-smuggling gangs and deter migrants from taking risky journeys across the English Channel. More than 45,000 people arrived in Britain by boat in 2022, compared with 8,500 in 2020.Human rights groups argue it’s inhu...

Nationals Notebook: Heating up in the cold

Published Tue, 24 Dec 2024 02:15:52 GMT

Well wouldn’t you know it took playing games in thirty-something degree weather for the Washington Nationals bats to finally heat up?After getting swept by the Baltimore Orioles — getting shut out by a team whose starter’s ERA was 28th to begin the week and allowing Dean Kremer’s ERA to drop from 9.49 to 6.16 — the Nats took two of three in frigid Minnesota (in the forties is cold and in the fifties is crisp for those scoring at home) before coming up short in the series finale as the bats returned to their 2023 form (stranding nine after going 1 of 6 with runners in scoring position).No sweep, but it was their first series win since mid-September of 2022 (they dropped five straight series to end last year and had one split with Colorado in their first six series of 2023).Now this week, the Nats go for consecutive series wins, which last happened last year on Labor Day weekend.Digesting the Division: Atlanta (14-8) leads the NL East despite a four-game losing strea...

Ground cumin recalled in 16 states, including Va. over salmonella risk

Published Tue, 24 Dec 2024 02:15:52 GMT

Check your spice cabinet, Lipari Foods is recalling a lot of its ground cumin in Virginia over concerns it could make people sick.Some Lipari Branded Ground Cumin Tubs are being voluntarily recalled over a possibility they were contaminated with salmonella, according to a company announcement posted by the Food and Drug Administration.Lipari Foods is recalling a lot of its ground cumin in Virginia over concerns it could make people sick. (Courtesy FDA)Salmonella illness can be serious and at times deadly for young kids, elderly people and others with weakened immune systems.Most people who are infected with the organism experience symptoms like fever, diarrhea, nausea, vomiting and stomach cramps.Rarely, getting sick from salmonella leads to the organism entering the bloodstream, causing more severe illnesses such as arterial infections, endocarditis and arthritis.Usually, symptoms start between six hours and six days from infection, according to the Centers for Disease Control and ...

Review: ‘The 1998 Yankees’ revisits team 25 years later

Published Tue, 24 Dec 2024 02:15:52 GMT

“The 1998 Yankees: The Inside Story of the Greatest Baseball Team Ever,” by Jack Curry (Twelve)Twenty-five years ago this fall, the New York Yankees won the World Series for the 24th time, part of a six-year run in which they won baseball’s championship four times. Jack Curry, who now earns a paycheck from the Yankees as an analyst for their regional sports network, believes the 1998 team was nonpareil and has written a book to make his case.Curry was a beat reporter for The New York Times that year and knew then that the team was special. But a quarter century later, he’s unequivocal: “The Yankees were supreme in every category,” writes Curry, before sharing a slew of dominant statistics like runs scored, runs against, defensive efficiency and fewest errors allowed.And while the eye-popping stats help make the case (a 125-50 record counting the postseason and a ridiculous 93-1 when leading after seven innings), Curry bolsters the numbers with fresh interviews of the players and tea...

NBA draft includes Emoni Bates after 2 seasons in college

Published Tue, 24 Dec 2024 02:15:52 GMT

Emoni Bates is entering the NBA draft, banking on teams in the league being intrigued with his potential as a scorer after seeing flashes of his talent in his two seasons of college basketball.Bates made the announcement Monday on social media.“What I been dreaming for my whole life,” he posted on Instagram.The 6-foot-10 wing averaged 19.2 points and 5.8 rebounds in 30 games at Eastern Michigan last season, making 40.5% of his shots overall and 33% of 3-point attempts.“I’m excited for Emoni and his future,” Eagles coach Stan Heath told The Associated Press. “He is a talented young player who works extremely hard and is passionate to be successful.”After graduating from high school in three years and being regarded as a basketball prodigy, Bates went to Memphis for one season and averaged 9.7 points in 18 games during an injury-shortened season. He transferred to play for the school in his hometown of Ypsilanti, Michigan.“I know he will continue to improve and mature as he cont...

Accidente deja a 5 niños heridos y un adulto en el condado Montgomery

Published Tue, 24 Dec 2024 02:15:52 GMT

Seis personas resultaron heridas el lunes en la mañana en el condado Montgomery luego de que un autobús escolar se accidentara, informó la policía.El autobús se estrelló en la cuadra 13000 de Old Columbia Pike y fue el único vehículo involucrado, según las autoridades.Cinco niños y un adulto fueron trasladados a hospitales con heridas que no ponen en riesgo sus vidas, agregó la policía.Por lo pronto, Old Columbia Pike permanece cerrada. Mantente en sintonía de Telemundo 44 para una actualización de esta noticia en desarrollo. Esta historia tiene elementos que podrían no funcionar en nuestra aplicación. Pulsa aquí para abrir la historia en el navegador de internet. Source

Tucker Carlson, Fox News' most popular host, out at network

Published Tue, 24 Dec 2024 02:15:52 GMT

NEW YORK (AP) — Fox News said Monday it has “agreed to part ways” with Tucker Carlson, its popular and controversial host, less than a week after settling a lawsuit over the network's 2020 election reporting.The network said in a press release that the last program of “Tucker Carlson Tonight” aired Friday.“We thank him for his service to the network as a host and prior to that as a contributor,” the press release from the network said.Carlson became Fox’s most popular personality after replacing Bill O’Reilly in Fox’s prime-time lineup in 2016. He’s also consistently drawn headline for controversial coverage, including most recently airing tapes from the Jan. 6 Capitol insurrection to minimize the impact of the deadly attack.There was no immediate explanation from Fox about why Carlson was leaving. A text message to Carlson seeking comment was not immediately returned.Fox agreed last week to pay Dominion Voting Systems more than $787 million and acknowledged that some of its reporti...