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W.R. Berkley: Q2 Earnings Snapshot

Published Fri, 21 Feb 2025 15:25:50 GMT

GREENWICH, Conn. (AP) — GREENWICH, Conn. (AP) — W.R. Berkley Corp. (WRB) on Thursday reported second-quarter net income of $356.3 million.On a per-share basis, the Greenwich, Connecticut-based company said it had profit of $1.30. Earnings, adjusted for investment gains, were $1.14 per share.The results surpassed Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $1.07 per share.The insurance company posted revenue of $3 billion in the period. Its adjusted revenue was $2.94 billion._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on WRB at https://www.zacks.com/ap/WRBSource

Arson caused house fire that killed Memphis firefighter and injured 3 others, officials say

Published Fri, 21 Feb 2025 15:25:50 GMT

MEMPHIS, Tenn. (AP) — Authorities searched on Thursday for the person who set a fire that killed a Memphis firefighter and sent three others to the hospital.The Memphis Fire Department said arson was to blame for a fire late Tuesday that killed Lt. Jeffrey Norman and injured three other firefighters when they were trapped inside a burning house.The blaze started in a trash bin located outside of the house, fire officials said in a news release Thursday. It spread to a carport and into an addition to the home above the carport.Injuries suffered by Norman and the three firefighters who were hospitalized have not been disclosed. Fire officials asked the public to help identify the person who set the fire.Norman, a 20-year veteran firefighter, was “a courageous and dedicated member of our team,” Memphis Fire Chief Gina Sweat said in a statement. “Jeffrey was a leader and hard worker who took pride in serving his community,” Sweat said Wednesday.Source

Scholastic: Fiscal Q4 Earnings Snapshot

Published Fri, 21 Feb 2025 15:25:50 GMT

NEW YORK (AP) — NEW YORK (AP) — Scholastic Corp. (SCHL) on Thursday reported earnings of $75.7 million in its fiscal fourth quarter.On a per-share basis, the New York-based company said it had profit of $2.26.The publishing, education and media company posted revenue of $528.3 million in the period.For the year, the company reported profit of $86.3 million, or $2.49 per share. Revenue was reported as $1.7 billion._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SCHL at https://www.zacks.com/ap/SCHLSource

Hate speech posted on economics website is traced to some leading universities, research finds

Published Fri, 21 Feb 2025 15:25:50 GMT

WASHINGTON (AP) — Anonymous comments with racist, sexist and abusive messages that were posted for years on a jobs-related website for economists originated from numerous leading U.S. universities, according to research released Thursday. Some economists have long condemned the website, Economics Job Market Rumors, for its toxic content. The site, known by its acronym EJMR, is run by an anonymous individual and is not connected to a university or other institution. That fact had fed speculation that those who posted hateful messages on it were mostly online cranks who might not be economists. Yet the new research indicates that users of the website include individuals at top-tier colleges and universities, including Harvard, Stanford and the University of Chicago.“Our analysis reveals that the users who post on EJMR are predominantly economists, including those working in the upper echelons of academia, government, and the private sector,” the paper concluded. It was written by Flor...

President Biden visits Philly shipyard as he courts organized labor and pushes green jobs

Published Fri, 21 Feb 2025 15:25:50 GMT

PHILADELPHIA (AP) — Flanked by cranes and shipyard workers, President Joe Biden made the pitch Thursday that unions will be building America’s renewable energy future — a courtship of organized labor at a moment when some major unions are weighing strikes that could disrupt the growth he wants to campaign on in 2024.The president toured the Philly Shipyard, where there was a steel-cutting ceremony for the Acadia, a vessel that will help to build offshore wind farms. Biden ticked through the various union jobs being created by the project, promoting a message he has started to amplify as he seeks a second term.“A lot of my friends in organized labor know, when I think climate, I think jobs,” the president said. “Union workers are the best in the world.”But tensions are rising between unions and companies about a rapidly evolving economy in which artificial intelligence, clean energy and e-commerce are rewriting some of the basic rules of work. Biden is trying to allay those con...

Glacier Bancorp: Q2 Earnings Snapshot

Published Fri, 21 Feb 2025 15:25:50 GMT

KALISPELL, Mont. (AP) — KALISPELL, Mont. (AP) — Glacier Bancorp Inc. (GBCI) on Thursday reported second-quarter net income of $55 million.The bank, based in Kalispell, Montana, said it had earnings of 50 cents per share.The results met Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was also for earnings of 50 cents per share.The bank holding company posted revenue of $276.4 million in the period. Its revenue net of interest expense was $201.1 million, missing Street forecasts. Three analysts surveyed by Zacks expected $208.4 million._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on GBCI at https://www.zacks.com/ap/GBCISource

A woman who investigators say burned a Wyoming abortion clinic pleads guilty to arson

Published Fri, 21 Feb 2025 15:25:50 GMT

CHEYENNE, Wyo. (AP) — An abortion opponent who told investigators that anxiety and nightmares about plans for Wyoming’s first full-service abortion clinic in years led her to break into and burn the facility pleaded guilty to a federal arson charge Thursday. U.S. District Judge Alan Johnson accepted Lorna Roxanne Green’s agreement with prosecutors at a change-of-plea hearing. Green, 22, will face up to 20 years in prison and a $250,000 fine when she’s sentenced.“While I deeply regret my actions, I accept complete responsibility for what I have done,” Green told the judge.The fire happened at the Wellspring Health Access clinic in May 2022, weeks before it was to open. The damage kept the clinic from opening for almost a year.Federal investigators say Green admitted to breaking in and lighting gasoline she poured around the inside of the building, according to court documents.The clinic, which opened in April, provides surgical and pill abortions, making it the first of the kind in t...

Club Q shooter could pay nearly $90K in restitution

Published Fri, 21 Feb 2025 15:25:50 GMT

DENVER (KDVR) -- The shooter who killed five people and wounded several others at Club Q could be ordered to pay nearly $86,000 in restitution to the victims.Anderson Lee Aldrich was convicted and given five life sentences without the possibility of parole for murder charges in the Colorado Springs mass shooting, as well as an additional 2,208 years for attempted murder. Club Q announces plan to reopen in the fall On Wednesday, a Colorado Springs court proposed a total of $85,091.17 in restitution, which Aldrich would pay to the 17 victims hurt in the club shooting last November.The totals varied from victim to victim, with the highest amount being $13,523.38 and the lowest amount at $50.99.

3 arrested in connection to deadly shooting at Florida City Walmart; 1 charged with murder

Published Fri, 21 Feb 2025 15:25:50 GMT

A dispute between two groups led to a shooting at a Walmart in Florida City that left one person dead and another injured. On Thursday, Miami-Dade Police took three suspects into custody. The shooting suspect was identified as 25-year-old Steve Lestin. Detectives said he confessed to pulling the trigger. Lestin faces one count of second-degree murder and one count of attempted felony murder. Also taken into custody were 20-year-old Roberto Acevedo and 21-year-old Jimari Hodge. They were charged with battery and are believed to have instigated the fight that ultimately led to the shooting. Wednesday night, police identified the deceased victim as 23-year-old Nathaniel Baez. Officials said he was one of the six people involved in the altercation.The surviving victim, a bystander during the shooting, was identified as 72-year-old Alan Donla. Thursday afternoon, Lestin appeared before Miami-Dade County Circuit Judge Mindy S. Glazer.“You must stay at least 500 feet away from the vi...

BSO raises reward to catch killer in 2013 shooting of 16-year-old boy

Published Fri, 21 Feb 2025 15:25:50 GMT

The reward is being raised to catch a killer who shot and killed 16-year-old Jacob Rivera in Hollywood a decade ago.Surveillance video from the night of July 12, 2013, the tragedy showed a man running away from the scene of the crime, but all these years later, police have not been able to identify that person.The incident happened on the corner of Johnson Street and 66th Avenue.Broward County Crime Stoppers is offering $26,000 for any information that leads to an arrest.If you have any information on this shooting or the subject, call Broward County Crime Stoppers at 954-493-TIPS. Remember, you can always remain anonymous, and you may be eligible for a reward.