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Stock market today: Wall Street falls as banks tumble again

Published Wed, 26 Feb 2025 18:09:02 GMT

NEW YORK (AP) — Stocks are falling Thursday as Wall Street’s worries about the U.S. banking system crank even higher. The S&P 500 was 0.7% lower in early trading as several market-moving forces swirled, from the latest rate increase by the European Central Bank to a report indicating more U.S. workers got laid off last week than expected. The Dow Jones Industrial Average was down 251 points, or 0.8%, at 33,162, as of 9:45 a.m. Eastern time, while the Nasdaq composite was 0.6% lower. Some of the wildest action was in the financial industry, where shares of PacWest Bancorp tumbled 46.3%. It’s been under heavy scrutiny by investors recently following three of the four largest U.S. bank failures in history. Wall Street has been hunting for other possible weak links in the system, which could see a swift exodus of customer deposits as the industry contends with much higher interest rates. PacWest said overnight that it’s considering its options and that several potential partners and...

Girl charged as adult in high-speed police chase with man on hood of car

Published Wed, 26 Feb 2025 18:09:02 GMT

BEACH PARK, Ill. — A 17-year-old girl has been charged as an adult after fleeing the police with a man on the hood of the car in Beach Park, according to the Lake County Sheriff's Office. Liliana Wagner, 17, was charged as an adult, facing a DUI and two other felonies of leaving the scene of an accident and fleeing to elude.Police investigated that Wagner was involved in a minor crash at a business she was fleeing from. Police say they saw a Toyota, driven by Wagner, leaving a business at a high speed near the 37800 block of North Sheridan Road around 1:30 a.m. with a man hanging off the hood. Police reports state that the 19-year-old man was waving to deputies for assistance. Wagner swerved and abruptly stopped, causing the man to fall of the hood. Woman, man found dead in Near West Side: CPD According to police reports, Wagner ran over the victim and continued to flee police. The 19-year-old man was transported to Advocate Condell Medical Center in critical condition. Police st...

Prom crowning sparks divide at Ohio high school

Published Wed, 26 Feb 2025 18:09:02 GMT

DAYTON, Ohio (WDTN) – Kettering Fairmont High School in Kettering, Ohio, made history by crowning two LGBTQ+ students, seniors Dai'sean Conley and Rosie Green, as prom king and queen.Now, the board of education is hearing from residents in the community who want to prevent something similar from happening again. Threat against LGBTQ persons at Kettering Fairmont High School ends with arrest Conley and Green were chosen for the honor by their peers at school. Most are supportive, but some, Conley said, were unhappy with the outcome of the vote. "Even when I was given the crown and I put on my head, there's a lot of boos in the crowd," Conley said. "I didn't hear them. I only heard the congratulating, which I was very thankful for."Despite support from peers, Conley and non-binary senior Rosie Green received negative feedback online. It was hurtful to Conley, and it took her time to heal."It's very demeaning," Conley said. "It takes a lot for an individual to be able to bring thems...

'Disturbing' video catches Florida woman clubbing Husky with mallet, deputies say

Published Wed, 26 Feb 2025 18:09:02 GMT

TAMPA, Fla. (WFLA) — A 24-year-old Florida woman has been arrested after she was apparently caught clubbing her mother-in-law's 9-year-old Siberian Husky with a rubber mallet on video, according to deputies.The "disturbing" video posted to the Hillsborough County Sheriff's Office YouTube page appears to show 24-year-old Elizabeth Jaimes, of Tampa, holding the dog, called "Maya," by a leash and repeatedly striking the dog with a rubber mallet on the head and torso, deputies said.Several thuds and yelps could be heard.WFLA.com has chosen not to share the video due to its graphic nature.Deputies said Jaimes was living with her boyfriend and his mother who noticed Maya had injuries she received around August when Jaimes moved in. At the request of a veterinarian, the mother installed a hidden camera in their home to see how the dog was getting injured.The sheriff's office said that's how the owner discovered the "disturbing abuse occurring at the hands of Jaimes."Deputies were called to...

Two wins over the Twins finally gives the White Sox a first in 2023

Published Wed, 26 Feb 2025 18:09:02 GMT

CHICAGO - It took well over a month, but the White Sox finally have an important first in the 2023 season. It may seem simple, but after a terrible start, it actually means something if the team hopes to claw their way back into the standings.A 6-4 victory over the Twins on Wednesday evening at Guaranteed Rate Field has given the White Sox their first series win of the 2023 season. A victory on Monday to start the three-game series with Minnesota guarantees them that no matter what happens in the finale on Thursday afternoon at Guaranteed Rate Field. This comes after the team split their opening four-game series with the Astros in Houston before losing their next eight-straight. Included in that was a ten-game losing streak that was part of a miserable 7-20 April that has Pedro Grifol's team already rushing to make up lost ground in the standings. This week has helped after the team pulled a rather stunning 9th inning comeback to beat the Rays on Sunday to prevent a four-game sweep ...

GOP megadonor covered tuition for child Clarence Thomas was raising 'as a son': report

Published Wed, 26 Feb 2025 18:09:02 GMT

(The Hill) - Billionaire and GOP megadonor Harlan Crow paid for the private school tuition of Justice Clarence Thomas’s great-nephew, who the justice said he raised “as a son,” according to reporting by ProPublica.Thomas’s relative, Mark Martin, attended boarding schools Hidden Lake Academy in Georgia as well as Randolph-Macon Academy in Virginia. Tuition at Hidden Lake was more than $6,000 a month, according to the report.Unrelated Court documents revealed a $6,200 wire payment from Crow’s company to the school in July 2009. ProPublica reported that Crow made additional contributions beyond the single one in 2009.Crow’s office, in a statement, said he and his wife, Kathy, have supported many students by funding scholarships.“Tuition and other financial assistance is given directly to academic institutions, not to students or to their families,” Crow’s office said. “These scholarships and other contributions have always been paid solely from personal funds, sometimes held at and pai...

University of Texas students build advanced rocket, compete for $1 million prize in race to stars

Published Wed, 26 Feb 2025 18:09:02 GMT

AUSTIN (KXAN) - Star Wars here on Earth: two universities, a million-dollar prize and a race to space. Students with the University of Texas are building an advanced rocket as part of the Base-11 Space Challenge."(It) was just like a project that just like blew my mind. And I was like, this is this is awesome," said Steven Ortega. Ortega is the Director of Operations at the Texas Rocket Engineering Lab, also known as TREL. Formed to build the rocket as part of the challenge, the lab is fully staffed by more than 250 students. These aren't graduate students either."Undergraduate students? 18, 19-year-old's working on a rocket going to space? I mean, like, why wouldn't they want to sign up for that?" said Mullika Pandit, Director of Tests and Launch Operations with TREL.TREL is planning to launch their rocket in May 2023.UT Students find some "space" to meetPandit first attended school from out of state during the pandemic. When she arrived on campus, she wanted to meet people. That's...

Schenectady Police to increase traffic enforcement on Kings Road

Published Wed, 26 Feb 2025 18:09:02 GMT

SCHENECTADY, N.Y. (NEWS10) -- The Schenectady Police Department announced it is increasing traffic enforcement in the Kings Road area of the city's Woodlawn Neighborhood. Police hope that traffic enforcement will reduce speeding, and accidents, and improve overall community safety. Get the latest, news, weather, sports and community events delivered right to your inbox! Police will conduct radar enforcement to identify motorists traveling over the 30 MPH limit. Citations may be issued for speeding.

What's new at The Great Escape this summer

Published Wed, 26 Feb 2025 18:09:02 GMT

LAKE GEORGE, N.Y. (NEWS10) - Six Flags Great Escape is getting ready to open its gates for another summer season of high-flying roller coaster rides, water park splash-hits, and more. This week, the park formally announced its opening day for 2023. The Great Escape is open for business starting on Saturday, May 20. Get the latest, news, weather, sports and community events delivered right to your inbox! "We are thrilled to debut an incredible list of additions, renovations, and enhancements all designed to deliver a world-class experience at Six Flags Great Escape this summer,” said Great Escape President Rebecca Wood. “We are very proud to embrace the beauty and tradition of this wonderful park while continuing our commitment to entertain for generations to come.”The park has received a list of enhancements and improvements for 2023. Here's what's new at the park this year:A new entrance at the Raging River rafting attraction at the water parkThe introduction of Boot Hill Cafe, a...

Ukraine’s leader takes plea for justice to war crimes court

Published Wed, 26 Feb 2025 18:09:02 GMT

By MIKE CORDER (Associated Press)THE HAGUE, Netherlands (AP) — Ukrainian President Volodymyr Zelenskyy took his campaign against Russia to the international war crimes court in the Netherlands on Thursday, saying he was certain Russian President Vladimir Putin would be convicted once his invasion of Ukraine is defeated.In The Hague, where the International Criminal Court is based, Zelenskyy urged the global community to hold Putin accountable and told the ICC judges that Russia’s leader “deserves to be sentenced for (his) criminal actions right here in the capital of the international law.”In March, the ICC issued an arrest warrant for Putin for war crimes, accusing him of personal responsibility for the abductions of children from Ukraine. It was the first time the global court circulated a warrant for a leader of one of the five permanent members of the U.N. Security Council.Zelenskyy’s unannounced visit to the Netherlands came a day after he went to ...