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Biden Is Selling Weapons to the Majority of the World’s Autocracies

Published Wed, 26 Feb 2025 17:55:30 GMT

Since President Joe Biden came into office in 2021, he has described a “battle between democracies and autocracies” in which the U.S. and other democracies strive to create a peaceful world. The reality, however, is that the Biden administration has helped increase the military power of a large number of authoritarian countries. According to an Intercept review of recently released government data, the U.S. sold weapons to at least 57 percent of the world’s autocratic countries in 2022.Since the end of the Cold War, the United States has been the world’s biggest weapons dealer, accounting for about 40 percent of all arms exports in a given year. In general, these exports are funded through grants or sales. There are two pathways for the latter category: foreign military sales and direct commercial sales.The U.S. government acts as an intermediary for FMS acquisitions: It buys the materiel from a company first and then delivers the goods to the foreign recipient. DCS acqu...

Brookfield Corp.: Q1 Earnings Snapshot

Published Wed, 26 Feb 2025 17:55:30 GMT

TORONTO (AP) — TORONTO (AP) — Brookfield Corporation (BN) on Thursday reported first-quarter earnings of $120 million.The Toronto-based company said it had net income of 5 cents per share. Earnings, adjusted for non-recurring costs, came to 72 cents per share.The asset management company posted revenue of $23.3 billion in the period.Brookfield Corp. shares have fallen roughly 2% since the beginning of the year. The stock has decreased 34% in the last 12 months._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on BN at https://www.zacks.com/ap/BNSource

Neonode: Q1 Earnings Snapshot

Published Wed, 26 Feb 2025 17:55:30 GMT

STOCKHOLM (AP) — STOCKHOLM (AP) — Neonode Inc. (NEON) on Thursday reported a loss of $1.4 million in its first quarter.On a per-share basis, the Stockholm-based company said it had a loss of 9 cents.The developer of touch-based technologies posted revenue of $1.3 million in the period._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on NEON at https://www.zacks.com/ap/NEONSource

Stock market today: Stocks dip following inflation data, drops for Disney, banks

Published Wed, 26 Feb 2025 17:55:30 GMT

NEW YORK (AP) — Wall Street is dipping in early trading, weighed down by a sharp drop for Disney and flaring fears about U.S. banks. The S&P 500 was off 0.4% early Thursday. The Dow fell 306 points, or 0.9%, while the Nasdaq composite gave back 0.2%. Disney dropped 8% after it said it lost 4 million streaming subscribers during the latest quarter. Some banks beaten down by the industry’s mini-panic were also under pressure. PacWest tumbled after disclosing a flight of deposits last week. Treasury yields fell after a report said inflation at the wholesale level was cooler than expected last month.THIS IS A BREAKING NEWS UPDATE. AP’s earlier story follows below.Wall Street edged lower in premarket trading Thursday ahead of the U.S. government’s second release of data on inflation in two days. Futures for the Dow Jones industrials fell 0.3%, while the S&P 500 slipped less than 0.1% before the bell.On Wednesday, most major U.S. indices finished higher after new data sugges...

Flyers name Keith Jones team president, Briere general manager

Published Wed, 26 Feb 2025 17:55:30 GMT

PHILADELPHIA (AP) — The Philadelphia Flyers have named long-time television analyst Keith Jones team president of hockey operations and have removed the interim tag from general manager Danny Briere’s title.Jones was a surprise choice Thursday after he spent the last 23 years as an analyst for Flyers telecasts on NBC Sports Philadelphia. He worked on national broadcasts on NBC, and most recently for TNT’s coverage of the NHL in each of the last two seasons.Jones broadcast the NHL Winter Classic, the Stanley Cup Final and other league showcase events. He also spent 21 years on the SportsRadio 94WIP Morning Show.“To be able to lead this team back to the winning tradition that everyone knows it can, and should be, is a true honor and one that I do not take lightly,” Jones said. “I consider the Philadelphia Flyers organization the gold standard of the NHL and professional sports. I’ve seen how this city and these fans can rally around their team and there is nothing that com...

Loudoun school board member renews push for school resource officers at all elementary schools

Published Wed, 26 Feb 2025 17:55:30 GMT

All public high schools and middle schools in Loudoun County, Virginia, have school resource officers (SROs), who are employed by the county sheriff’s office. Now a school board member is renewing the call for them at all elementary schools too.Tiffany Polifko, a school board member representing the Broad Run District, asked her colleagues to consider the possible consequences of not having a sheriff’s office employee in each elementary school, during a school board meeting on Wednesday.“We have itinerant SROs that travel back and forth from middle and high schools to our elementary schools,” Polifko said.“The distance could make a difference in an unforeseen dangerous situation. In the event of an emergency, it would be extremely difficult for an SRO in some cases to get to our elementary schools.”The question of whether SROs should be present in each elementary school is not new.John Beatty, a school board member from the Catoctin District, said...

Shopping rules to slash impulse spending

Published Wed, 26 Feb 2025 17:55:30 GMT

Whether you’re shopping for small things like groceries or big things like a new car, it’s easy to get carried away and end up spending more than you intended.That’s especially true when stores and websites are designed to encourage you to spend as much as possible, even as inflation is pushing up the cost of nearly everything.Institute These Simple Rules to Limit Impulse BuyingOne way to prevent spending regrets is by instituting simple rules to limit impulse purchases.“Retailers are experts at taking away the roadblocks or the friction in the purchasing process,” Scott Rick, associate professor of marketing at the University of Michigan’s Ross School of Business, who studies consumer financial decision making, says.That means that even if you’ve taken the time to create a budget, it can be hard to stick to it. Consider putting the following rules in place if you’re worried that your spending is on the rise:[Read: How to Make a Budget...

España aprueba ayudas por sequía para agricultores y obras urgentes de abastecimiento de agua para combatir la sequía

Published Wed, 26 Feb 2025 17:55:30 GMT

(CNN Español) — El gobierno de España aprobó más de US$ 2.000 millones en gastos para proyectos de agua y ayuda para los agricultores, en un esfuerzo por aliviar los efectos del empeoramiento de la sequía en el país.“España está acostumbrada a lidiar con períodos de sequía, pero debido al cambio climático, ahora es un impacto mayor. Para hacer frente a esto se requiere planificación y ayuda a corto plazo”, dijo la ministra de Transición Ecológica, Teresa Ribera, tras una reunión del gabinete del presidente Pedro Sánchez que aprobó los fondos.El paquete incluye la construcción de nuevas plantas desaladoras que no estarán terminadas este año, dijo Ribera, pero también obras “rápidas” como el tendido de tuberías para llevar agua “este verano” a algunas de las zonas más afectadas.Lagos que desaparecen, cultivos muertos y agua transportada en camiones cisterna: España, asolada por la sequía, se está quedando sin aguaEsta fotografía tomada el 11 de mayo de 2023 muestra una acequia d...

Pakistan’s supreme court orders release of former Prime Minister Imran Khan, after his arrest sparks widespread violence

Published Wed, 26 Feb 2025 17:55:30 GMT

ISLAMABAD (AP) — Pakistan’s supreme court orders release of former Prime Minister Imran Khan, after his arrest sparks widespread violence.Source

Asian Cup host Qatar happier with draw after losing World Cup debut

Published Wed, 26 Feb 2025 17:55:30 GMT

DOHA, Qatar (AP) — Asian Cup host Qatar was undoubtedly happier about its draw on Thursday, six months after a losing debut at the World Cup it staged.Since then, former Real Madrid coach Carlos Queiroz has been appointed as coach and, as Qatar is the defending champion after winning the 2019 Asian Cup, a group containing China, Tajikistan and Lebanon should be easier to navigate.“We want to compete against the best and try to beat the best,” Queiroz, who led Iran to the past two World Cups, said. “It is not about the opponents but about us, and now it is time to deliver, work and be well prepared.”China was to hold the Asian Cup next month, but relinquished the rights last year due to coronavirus restrictions. Qatar won a new bidding contest last October and will host the 24-team tournament in January-February.Australia will be looking to replicate its strong performances from the World Cup when it reached the second round and lost to eventual champion Argentina 2-1. The 2015 champ...