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Bank of England raises its main UK interest rate by quarter of a percentage point to 15-year high of 4.5%

Published Wed, 26 Feb 2025 17:58:08 GMT

LONDON (AP) — Bank of England raises its main UK interest rate by quarter of a percentage point to 15-year high of 4.5%.Source

9 railcars from Norfolk Southern train derail in Pennsylvania, no hazardous chemicals on board

Published Wed, 26 Feb 2025 17:58:08 GMT

NEW CASTLE, Pa. (AP) — Nine railcars from a Norfolk Southern freight train derailed in Pennsylvania, with no hazardous chemicals on board and no reported injuries, fire department and company officials said. The derailment happened late Wednesday outside of New Castle, the company said in a statement.“Our crews responded immediately and are actively working at the site,” the statement said. The New Castle Fire Department said that at least some of the cars that derailed contained paraffin wax, which is used to make candles, and soybeans.New Castle is about 50 miles (80 kilometers) northwest of Pittsburgh near the Pennsylvania-Ohio state line.The derailment comes amid heightened attention to rail safety nationwide after a fiery derailment in February of Norfolk Southern railcars in East Palestine, Ohio. Half of the town’s 5,000 residents were evacuated as emergency responders burned off chemicals to prevent an uncontrolled explosion.The company has renewed a promise to create a fund ...

Dillard’s: Fiscal Q1 Earnings Snapshot

Published Wed, 26 Feb 2025 17:58:08 GMT

LITTLE ROCK, Ark. (AP) — LITTLE ROCK, Ark. (AP) — Dillard’s Inc. (DDS) on Thursday reported fiscal first-quarter earnings of $201.5 million.The Little Rock, Arkansas-based company said it had net income of $11.85 per share. Earnings, adjusted for non-recurring gains, were $11.77 per share.The results topped Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $9.07 per share.The department store operator posted revenue of $1.58 billion in the period, also topping Street forecasts. Three analysts surveyed by Zacks expected $1.57 billion._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on DDS at https://www.zacks.com/ap/DDSSource

Premier League season reaches final weeks with Man City leading Arsenal in title race

Published Wed, 26 Feb 2025 17:58:08 GMT

The title race between Manchester City and Arsenal is headed to the wire. The fight for Champions League qualification has tightened up. It’s surely down to two from a group of four teams for relegation.There’s so much still to play for in the Premier League with only two weeks remaining.Here’s a look at the state of play at the top and the bottom:TITLE RACEAs many expected, defending champion Manchester City has produced its trademark end-of-season burst to move into first place ahead of long-time leader Arsenal, which stuttered just when a first title since 2004 was looming into view.City — enjoying a 10-match winning run in the league — leads by one point with four games left, one more than Arsenal.It’s far from over, however. City has the tougher run-in, with games to come at an Everton team fighting relegation, at home against Chelsea, and then at Brighton and Brentford — two of the more surprising teams this season with good home records. City also has ...

US Foods: Q1 Earnings Snapshot

Published Wed, 26 Feb 2025 17:58:08 GMT

ROSEMONT, Ill. (AP) — ROSEMONT, Ill. (AP) — US Foods Holding Corp. (USFD) on Thursday reported first-quarter earnings of $82 million.The Rosemont, Illinois-based company said it had profit of 32 cents per share. Earnings, adjusted for non-recurring costs and stock option expense, were 50 cents per share.The results beat Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 38 cents per share.The company posted revenue of $8.54 billion in the period, also topping Street forecasts. Five analysts surveyed by Zacks expected $8.52 billion.US Foods expects full-year earnings in the range of $2.45 to $2.65 per share._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on USFD at https://www.zacks.com/ap/USFDSource

Hong Kong newspaper to stop publishing drawings by prominent cartoonist after government complaints

Published Wed, 26 Feb 2025 17:58:08 GMT

HONG KONG (AP) — A Hong Kong newspaper announced Thursday it will stop publishing drawings by the city’s most prominent political cartoonist after they drew government complaints, in another example of restrictions on speech and media after a Beijing-led crackdown.Chinese-language newspaper Ming Pao did not explain why it is ending its 40-year partnership with Wong Kei-kwan on Sunday. Wong, better known by the pen name Zunzi, told The Associated Press the decision was made through mutual consultation.“Everyone knows why publication has to be halted, but no one will ‘confirm’ the reason,” he said in a text message to the AP with two emojis showing a laughing face.His comic drawings caricatured Hong Kong society’s frustrations since before the then-British colony was returned to Chinese rule in 1997.The newspaper has not responded to requests for further comment. Wong said he feels the city’s freedoms of speech and expression are shrinking but that he will continue to create as long a...

CU Boulder graduation to be held rain or shine Thursday

Published Wed, 26 Feb 2025 17:58:08 GMT

BOULDER, Colo. (KDVR) — The University of Colorado Boulder spring graduation ceremony is being held Thursday morning at Folsom Field. The ceremony will go on rain or shine.As of 6 a.m., it is raining in Boulder and the National Weather Service said rain could continue throughout the morning. Hail piles up on Johnstown street, damages cars in Erie Four years ago in 2019, it snowed overnight and during the commencement ceremonies. Folsom Field was covered in about three inches but the ceremony was not canceled.On Thursday, 9,538 graduates will receive diplomas.  Graduation begins at 8:30 a.m. and should last about an hour and a half.   

School bus collides with pole in Pinecrest

Published Wed, 26 Feb 2025 17:58:08 GMT

A Miami-Dade County school bus was seen smashed into a power pole, Thursday morning. Fire rescue responded to the scene at Southwest 88th Street and South Dixie Highway.According to Pinecrest Police, there were no students on the bus at the time, just a driver who was checked out on the scene. No one needed to be transported to the hospital and the scene remains active.It is believed the bus was in an accident with a vehicle that also demonstrated damages. The cause of the crash is still under investigation.Please check back on WSVN.com and 7News for more details on this developing story.

Miami-Dade Schools PD searching for 12-year-old girl last seen at elementary school in North Miami

Published Wed, 26 Feb 2025 17:58:08 GMT

The Miami-Dade Schools Police Department posted a missing person’s flyer on Twitter after a 12-year-old girl was last seen at Natural Bridge Elementary School located in North Miami.Officials said Katherine Rijo Mendez left the school around 2:30 p.m. in a newer model white Handa Accord, Wednesday.The 5-foot-3 girl weighs 115 pounds and has red hair and brown eyes. She was last seen wearing a dark-colored jacket, a white-uniformed polo-styled school shirt and a black Puma bookbag.Anyone with information on her whereabouts is urged to call the M-DPS police department, contact Detective Michael Beauchamp at 305-955-COPS (2677) or call Miami-Dade Crime Stoppers at 305-471-TIPS (8477).

Fresh blow for Erdoğan, as rival pulls out of Turkey election amid sex tape scandal

Published Wed, 26 Feb 2025 17:58:08 GMT

Turkish opposition candidate Muharrem İnce announced Thursday he was pulling out of the presidential race, in a surprise move just three days before the election. İnce’s withdrawal is set to benefit the main opposition candidate, Kemal Kılıçdaroğlu, who is currently neck and neck with longtime President Recep Tayyip Erdoğan in the polls — and it could even allow Kılıçdaroğlu to claim outright victory in the first round.“I’m withdrawing from the race. I am doing this for my homeland,” İnce said at a press conference, according to Bloomberg. Earlier Thursday, the Ankara public prosecutor’s office said it was opening an investigation after a sex tape allegedly showing İnce surfaced on social media.İnce denied the authenticity of the footage late Wednesday, saying the video was “fake” and part of a “conspiracy.”İnce, who is currently polling around 2 percent according to POLITICO’s Poll of Polls, has been diverting votes from t...