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Strikes trim profit at GM in an otherwise strong quarter; more losses likely if picketing spreads

Published Wed, 26 Feb 2025 17:59:37 GMT

DETROIT (AP) — A strike by auto workers against General Motors is expected to cut pretax earnings by $800 million this year, and another $200 million per week after that, the company’s chief financial officer said.And those figures include only factories that are on strike now, so if more plants are added by the United Auto Workers union, the losses will pile up further, CFO Paul Jacobson told reporters.The strike is already taking a toll, and shortly after the conference call the UAW expanded the strike to Arlington, Texas, one of GM’s most profitable plants. Five thousand workers walked off their jobs at the factory which makes SUVs.GM on Tuesday posted net income of more than $3 billion from July through September, down 7% from the same period last year due to lost production from the strike, and also increased warranty costs, Jacobson said. The company also withdrew its previous full-year pretax earnings estimates, citing uncertainty over the length of the strike and...

Column: Getting to the majors is tough for LIV Golf players. Making the Olympics is even harder

Published Wed, 26 Feb 2025 17:59:37 GMT

Eighteen players from LIV Golf competed in the Masters, a number that already has been cut in half for next year. Only past Masters champions and recent major champions are currently eligible. Everyone else is well out of the top 50 in the world.It figures to be like that at the other majors, too. When the Official World Golf Ranking committee rejected LIV’s application, it made it tough for them to get into the majors.Overlooked in the reaction to the OWGR’s decision was another major event. It’s going to be even tougher for LIV players to get into the Olympics next year in Paris.The Olympic Golf Ranking for the 2024 Games began June 13, 2022, two days after LIV Golf finished its inaugural event outside London.LIV players can argue with anyone willing to listen that the world ranking no longer has credibility without them. They can plead with the four majors to create a pathway for their top players to get into their championships.But there’s no turning back...

With a gay orgy scandal in his troubled diocese under police investigation, a Polish bishop resigns

Published Wed, 26 Feb 2025 17:59:37 GMT

ROME (AP) — The pope on Tuesday accepted the resignation of a Polish bishop whose diocese has been rocked by reports of a gay orgy involving a male prostitute in a priest’s apartment, as well as previous violent incidents involving his clergy.The Vatican didn’t give a reason for why Bishop Grzegorz Kaszak was resigning as head of the diocese of Sosnowiec, in southwestern Poland. At 59, he is several years shy of the normal retirement age of 75.But his diocese has been in the spotlight again after one of his priests was placed under criminal investigation for having allegedly organized a gay orgy at his apartment in Dabrowa Gornicza involving a male prostitute. Polish media reported that one of the participants of the sex party collapsed after overdosing on erectile dysfunction pills.A prosecutor said the priest is suspected of “failing to provide assistance to a person whose life is at risk,” for having allegedly tried to bar paramedics from entering the apartment.It wasn’t th...

Coke raises full-year sales forecast after stronger-than-expected 3rd quarter

Published Wed, 26 Feb 2025 17:59:37 GMT

Coca-Cola raised its full-year revenue forecast Tuesday after a stronger-than-expected third quarter.Atlanta-based Coke said it now expects its organic revenue will be up 10% to 11% for the year. That’s up from the 8% to 9% guidance Coke announced at the end of the second quarter. Coke expects earnings __ adjusted for currency variations __ will grow 13% to 14%, up from a previous forecast of 9% to 11%.Coke’s shares rose 3% in morning trading Tuesday.Coke said its global case volumes rose 2% for the July-September period. Coffee sales saw the strongest growth, as demand grew in the United Kingdom and China. Coca-Cola Zero Sugar sales were up 3% on growing demand in Latin America and North America. Sports drink sales also grew 3%.Water sales were up 1%, while tea sales fell 1% on declining demand in Turkey and Latin America.In North America, case volumes were flat. Coke said growth in sparkling drinks, juices and dairy — including the company’s Fairlife and Minute M...

Saints receiver Chris Olave arrested on reckless driving charge in New Orleans suburb

Published Wed, 26 Feb 2025 17:59:37 GMT

New Orleans Saints receiver Chris Olave is facing a reckless driving charge after being arrested for allegedly driving 70 miles per hour in a 35 mph zone, Kenner police said.Olave was booked into the Kenner jail and released around 11:30 p.m. Monday, police Capt. Michael Cunningham said.Olave was stopped in a mixed business and residential area of suburban New Orleans that officers were monitoring with radar because of citizen complaints about speeding, Cunningham said.Cunningham said Olave’s Dodge Charger accelerated up to a registered speed of 70 mph (112 kph) in the distance of about two blocks from where the vehicle had turned onto the street and was observed “recklessly maneuvering between lanes and around other drivers on the roadway.”The New Orleans Saints say they are aware of the allegations and have not commented further.Olave leads the Saints with 39 catches for 471 yards and has caught one touchdown pass.The Saints (3-4) play at Indianapolis on Sunday.___AP NFL: ht...

Sanders talks UCLA game after bye week

Published Wed, 26 Feb 2025 17:59:37 GMT

DENVER (KDVR) — After a bye week, the University of Colorado Buffaloes are gearing up to face the UCLA Bruins on Saturday. The last time the Buffs were on the field was a game worth forgetting. On Oct. 13, Deion Sanders and his Buffaloes faced Stanford in what should have been a win for CU. But Friday the 13th got the best of them. Instead, it was the largest blown lead in Colorado history. Stanford rallied from a 29-point halftime deficit for a 46-43 victory over Colorado. Buffs to feature in prime time for homecoming game against Oregon State But the past is in the past, and the Buffs are looking ahead to Los Angeles. After a week off, Sanders spoke at CU about the upcoming game and what he and the team are doing to prepare.He spoke live at 11 a.m. You can watch his full remarks in the player above. CU is now eighth in the Pac-12 division with an overall standing of 4-3. Meanwhile, UCLA is sixth with an overall standing of 5-2.There are only five regular season games left for Sa...

Club Q announces new location and name change

Published Wed, 26 Feb 2025 17:59:37 GMT

COLORADO SPRINGS, Colo. (KXRM) — Club Q has announced plans to change the name and location of its venue after its doors were closed following the tragic shooting on Nov. 19, 2022, where five people were killed and several others were injured.For the past 11 months, Club Q has been hearing the perspectives of survivors, victims' families, and the greater community, and said the voices have been strong in that Club Q must return. But returning to the building too soon will hinder their healing process.According to Club Q, the decision was made to not open the club at the old location, believing the best way forward would be to open at a new location. Judge sentences Club Q shooter with 5 life terms The new location will be inside the historic Satellite Hotel, located at 411 Lakewood Circle, near the intersection of South Academy Boulevard and Airport Road. It will be known as "The Q.""We fully recognize that Club Q and this community has never been a building or location. It's com...

Israel launches 400 strikes across Gaza, where health officials say hundreds of Palestinians killed

Published Wed, 26 Feb 2025 17:59:37 GMT

RAFAH, Gaza Strip (AP) — A barrage of Israeli airstrikes across the Gaza Strip on Tuesday crushed multiple residential buildings and buried families under rubble, as health officials in the besieged territory reported hundreds killed in the past day and the closure of medical facilities because of bomb damage and a lack of power.The soaring death toll from Israel’s escalating bombardment is unprecedented in the decades-long Israeli-Palestinian conflict. It augurs an even greater loss of life in Gaza once Israeli forces backed by tanks and artillery launch an expected ground offensive aimed at crushing Hamas militants.Gaza’s 2.3 million people have been running out of food, water and medicine since Israel sealed off the territory following the devastating Oct. 7 attack by Hamas on towns in southern Israel.The Gaza Health Ministry run by Hamas said the attacks killed at least 704 people over the past day, including 305 children and 173 women; the ministry said it tallies daily figures...

‘I took pictures and I told my friends about it’: 911 call released after 13-year-old kills his mom in Hialeah apartment

Published Wed, 26 Feb 2025 17:59:37 GMT

A 13-year-old boy confessed to killing his own mother on Oct. 12 and now police have released the 911 call he made to admit to this heinous crime. Derek Rosa called 911 from Apartment 201 along the 200 block of West 79th Place to say he had stabbed his mother to death while his baby sister slept in a crib nearby. The crime shocked the community. Here is some of the transcribed audio from that call: Derek: [Indiscernible] police over here where I live.Dispatcher: What is you address? I need to know if your mom is breathing. Derek: She’s [dead].Dispatcher: OK, why did you do to her? Derek: There’s blood all over the floor.Dispatcher: Why did you kill your mom?Derek: Right now, I have the gun with me. I was going to shoot myself, but I didn’t want to. I didn’t want to. Dispatcher: I need to know that you don’t have any guns or any knives with you.Derek: I-I-there’s a knife on my room and there’s a gun in the living room.Dispatcher: OK, I need y...

Republicans pick Tom Emmer as their nominee for House speaker as they try for a third time

Published Wed, 26 Feb 2025 17:59:37 GMT

WASHINGTON (AP) — Republicans have picked Rep. Tom Emmer as their nominee for House speaker. The nominee now goes to the full House for a vote. House Republicans were meeting privately to try nominating a new House speaker.It’s three weeks since Republicans ousted Kevin McCarthy. The House speaker will need to accomplish the seemingly impossible job of uniting the GOP majority. Emmer of Minnesota jumped ahead as the top vote-getter on early round ballots and was battling Rep. Mike Johnson of Louisiana on a fifth ballot.Others are dropping out including Florida newcomer Byron Donalds, who’s aligned with Donald Trump, and Kevin Hern of Oklahoma. The nominee will also need to win a majority in a House floor vote.THIS IS A BREAKING NEWS UPDATE. AP’s earlier story follows below.WASHINGTON (AP) — Three weeks now since the ouster of Kevin McCarthy, House Republicans are meeting privately Tuesday to try nominating a new House speaker to accomplish the seemingly impossible job of unitin...