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How major US stock indexes fared Wednesday 3/29/2023

Published Wed, 26 Feb 2025 10:03:53 GMT

Stocks rallied as Wall Street shook off more of the fear that dominated it earlier this month. The S&P 500 rose 1.4% Wednesday. The Dow Jones Industrial Average and the Nasdaq composite also rose. They followed similar gains in other markets around the world. A measure of nervousness among stock investors on Wall Street is back near its lowest levels since early this month, before Silicon Valley Bank became the second-largest U.S. bank failure in history. The S&P 500 is on track to close a tumultuous month with a modest gain.On Wednesday:The S&P 500 rose 56.54 points, or 1.4%, to 4,027.81.The Dow Jones Industrial Average rose 323.35 points, or 1%, to 32,717.60.The Nasdaq composite rose 210.16 points, or 1.8% to 11,926.24.The Russell 2000 index of smaller companies rose 18.97 points, or 1.1%, to 1,771.60.For the week:The S&P 500 is up 56.82 points, or less than 1.4%.The Dow is up 480.07 points, or 1.5%.The Nasdaq is up 102.28 points, or 0.9%.The Russell 2000 is up 36....

Reeds: Q4 Earnings Snapshot

Published Wed, 26 Feb 2025 10:03:53 GMT

NORWALK, Conn. (AP) — NORWALK, Conn. (AP) — Reeds Inc. (REED) on Wednesday reported a loss of $5.9 million in its fourth quarter.The Norwalk, Connecticut-based company said it had a loss of $2.49 per share.The beverage and candy company posted revenue of $15 million in the period.For the year, the company reported a loss of $19.2 million, or $9.52 per share. Revenue was reported as $53 million._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on REED at https://www.zacks.com/ap/REEDSource

MLB opening day offers clocks, shift bans, Ohtani and Judge

Published Wed, 26 Feb 2025 10:03:53 GMT

A major shift in how Major League Baseball is played. About time, too.Aaron Judge aiming at his own home run record, Shohei Ohtani trending with every pitch and swing, Dusty Baker trying to win another World Series ring.All-Stars in different spots, a new scheduling concept featuring each team facing all 29 opponents.If it sounds like these plot lines are from a movie — “Everything Everywhere All at Once” comes to mind — it’s true.Opening day is Thursday and the full slate includes games at Dodger Stadium, Fenway Park, Wrigley Field and Yankee Stadium. And good news for fans — there’s no snow in the forecast at any of them.TICK-TOCKManny Machado drew the first pitch clock violation in spring training and it was nuisance. A game between the Braves and Red Sox ended on a clock call and it was a novelty.Chances are, if Max Scherzer or Nolan Arenado or some other intense star gets timed out in a key spot, it could go nuclear.But MLB realized it had to do something to c...

Accelerate Diagnostics: Q4 Earnings Snapshot

Published Wed, 26 Feb 2025 10:03:53 GMT

TUCSON, Ariz. (AP) — TUCSON, Ariz. (AP) — Accelerate Diagnostics Inc. (AXDX) on Wednesday reported a loss of $14.8 million in its fourth quarter.The Tucson, Arizona-based company said it had a loss of 14 cents per share.The maker of systems that diagnose drug-resistant infections posted revenue of $3 million in the period.For the year, the company reported that its loss narrowed to $62.5 million, or 76 cents per share. Revenue was reported as $12.8 million.In the final minutes of trading on Wednesday, the company’s shares hit 50 cents. A year ago, they were trading at $1.48._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on AXDX at https://www.zacks.com/ap/AXDXSource

Armed woman facing abduction charges forces continuation of Va. Route 1 blockade

Published Wed, 26 Feb 2025 10:03:53 GMT

Part of Richmond Highway in Fairfax County, Virginia, being shut down while police are trying to help a woman who has barricaded herself in a car early Wednesday morning. (WTOP/Luke Lukert)Crisis negotiators with Fairfax County, Virginia, police have tried to get an armed woman barricaded in her SUV along Route 1 to come out for more than a day. The incident has blocked traffic along a busy highway through Fairfax County.Now, a warrant is shedding light on what may have led to the mental health crisis police said the woman is experiencing.The unnamed woman, who is armed with a handgun, fears going to jail on the charges she faces for abducting the woman she was dating, sources told WTOP.Laurel Police reported the woman missing on Friday, March 24, and then notified the public she was located in Fairfax County unharmed on Tuesday. That’s when Fairfax County police said they found the missing woman, and she told them the name of the woman who had abducted her, and told officers ...

Court hears appeal of ruling favoring Musk in SolarCity deal

Published Wed, 26 Feb 2025 10:03:53 GMT

DOVER, Del. (AP) — Attorneys for a group of Tesla shareholders are asking the Delaware Supreme Court to overturn a judge’s decision in favor of CEO Elon Musk in a lawsuit challenging the electric car maker’s $2.4 billion acquisition of a solar panel company founded by two of his cousins.The plaintiffs argued Wednesday that a Chancery Court judge erred in finding that Tesla’s deal to acquire SolarCity in 2016 was “entirely fair,” even though the judge found that the process by which Tesla’s board of directors negotiated and recommended the deal to shareholders was “far from perfect.”“Elon was more involved in the process than a conflicted fiduciary should be. And conflicts among other Tesla Board members were not completely neutralized,” former Vice Chancellor Joseph Slights wrote last year. “With that said, the Tesla board meaningfully vetted the acquisition, and Elon did not stand in its way. Equally if not more important, the preponderance of the evidence reveals that Tesla ...

When does street sweeping start in Denver?

Published Wed, 26 Feb 2025 10:03:53 GMT

DENVER (KDVR) -- Spring has sprung and April is nearly upon us, which means that street sweeping season is about to begin in Denver.Because April begins on a Saturday this year, the first official day the sweepers will be out is Tuesday, April 4.After that, different streets will be swept each day. Then, the cycle repeats each month until the season ends in November. New to Colorado? 20 facts you should know You can receive a $50 ticket for not moving your car in time. You may also be towed, leading to more fines and costs.In just the first three days of street sweeping season last year, Denver residents racked up a total of $338,600 in tickets.How do I know when my street will be swept?The most reliable way to know is by the signs posted along streets that say what day parking is prohibited from 8 a.m. to 5 p.m. for street sweeping.Both sides of a street will not be swept on the same day, however.For example, the east side of a street may be swept on the first Tuesday of a month,...

Tuna Tartar Tacos / El Chinito Latino, Miami

Published Wed, 26 Feb 2025 10:03:53 GMT

The Chef: Nicolas CaicedoThe Restaurant: El Chinito Latino, MiamiThe Dish: Tuna Tartar TacosIngredients:3 wonton wrappersOil for fryingTuna Tartar:Ice for preparation4 oz (¼ lb) sushi-grade yellowfin tuna chopped into ¼-inch pieces1 tbsp tomato diced1 tbsp red onion diced1 tsp cilantro finely choppedExtra Virgin Olive OilSea SaltBlack PepperAvocado Mousse:1 large avocado1 tbsp sour cream1 tbsp lime juice1 tsp chopped jalapeno1 tsp cilantroGarnish:Eel sauceKimchi Mayo or Spicy MayoFresh scallion finely slicedMethod of Preparation:Form Wonton wrappers into taco shapes and arrange them in a fryer basket. Deep fry in oil for 4 minutes until crispy. Let cool.Prepare a large mixing bowl or cooking dish filled with ice. Set a smaller mixing bowl inside. Add the Tuna Tartare ingredients to the small mixing bowl & drizzle with Extra Virgin Olive oil, sea salt, & black pepper to taste. Mix all together to combine.Combine all Avocado Mousse ingredients in a blender and blend until smoo...

DeSantis’ board says Disney stripped them of power

Published Wed, 26 Feb 2025 10:03:53 GMT

LAKE BUENA VISTA, Fla. (AP) — Board members picked by Florida Gov. Ron DeSantis to oversee the governance of Walt Disney World said Wednesday that their Disney-controlled predecessors pulled a fast one on them by passing restrictive covenants that strip the new board of many of its powers.The current supervisors of the Central Florida Tourism Oversight District said at a meeting that their predecessors last month signed a development agreement with the company that gave Disney maximum developmental power over the theme park resort’s 27,000 acres in central Florida.The five supervisors were appointed by the Republican governor to the board after the Florida Legislature overhauled Disney’s government in retaliation for the entertainment giant publicly opposing so-called “Don’t Say Gay” legislation that bars instruction on sexual orientation and gender identity in kindergarten through third grade, as well as lessons deemed not age-appropriate.In taking on Disney, DeSantis f...

Closing arguments end in murder trial of former Presidente supermarkets owner

Published Wed, 26 Feb 2025 10:03:53 GMT

Closing arguments have ended and jury deliberations are expected to begin in the trial of a former supermarket chain owner accused of orchestrating the murder of his ex-wife’s lover.Prosecutors rested their case in the trial of Manuel Marin, the former owner of several Presidente supermarkets, Wednesday afternoon.Defense attorneys then delivered their closing arguments to the jury.“In criminal law, it’s what you do that can get you in trouble. It is what you do that could get you convicted, not what somebody else did,” said a defense attorney. Marin is accused of hiring hitmen to kill 43-year-old Camilo Salazar back in June 2011.When his body was found in the Everglades, police said, officers discovered that his throat was slit and his head was beaten.Dr. Emma Lew, the Miami-Dade chief medical examiner at the time of the incident, testified for the state earlier in the day.“I went to the scene of death, yes,” she said.Lew described what she saw wh...