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Democrats says they see room to ‘come together’ on spending cuts, but won’t allow GOP to take debt limit ‘hostage’

Published Tue, 25 Feb 2025 00:49:22 GMT

WASHINGTON (AP) — Democrats says they see room to ‘come together’ on spending cuts, but won’t allow GOP to take debt limit ‘hostage.’Source

Security cameras proposed at post offices nationwide after DC woman’s shooting

Published Tue, 25 Feb 2025 00:49:22 GMT

Security cameras are just about everywhere in D.C., except post offices. After a woman was shot Monday at a post office in Brentwood, a D.C. lawmaker wants to make them safer.D.C. Del. Eleanor Holmes Norton is introducing legislation that will fund installing security cameras at every post office in the U.S.After a D.C. resident was robbed at a post office last year, Norton said she floated the idea with the Postal Service and found that the budget for the project made it unlikely.“The parking lot was not monitored by a security camera. USPS responded that it was not financially feasible to install and maintain security cameras at every postal facility. This bill authorizes appropriations for security cameras at postal facilities,” Norton said in a statement.This comes a day after police arrested postal worker Davida Johnson, 25, of Southeast D.C., for allegedly shooting a woman during a verbal altercation at the post office on Brentwood Road NE.She is facing charges of assaul...

Pixelworks: Q1 Earnings Snapshot

Published Tue, 25 Feb 2025 00:49:22 GMT

PORTLAND, Ore. (AP) — PORTLAND, Ore. (AP) — Pixelworks Inc. (PXLW) on Tuesday reported a loss of $9.4 million in its first quarter.The Portland, Oregon-based company said it had a loss of 17 cents per share. Losses, adjusted for stock option expense, came to 15 cents per share.The maker of chips used in high-end digital video devices posted revenue of $10 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 PXLW at https://www.zacks.com/ap/PXLWSource

MasterBrand: Q1 Earnings Snapshot

Published Tue, 25 Feb 2025 00:49:22 GMT

JASPER, Ind. (AP) — JASPER, Ind. (AP) — MasterBrand Inc. (MBC) on Tuesday reported earnings of $35 million in its first quarter.The Jasper, Indiana-based company said it had profit of 27 cents per share. Earnings, adjusted for non-recurring costs, were 28 cents per share.The maker of residential cabinetry products posted revenue of $676.7 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 MBC at https://www.zacks.com/ap/MBCSource

EverCommerce: Q1 Earnings Snapshot

Published Tue, 25 Feb 2025 00:49:22 GMT

DENVER (AP) — DENVER (AP) — EverCommerce Inc. (EVCM) on Tuesday reported a loss of $20.8 million in its first quarter.On a per-share basis, the Denver-based company said it had a loss of 11 cents. Losses, adjusted for stock option expense, were 7 cents per share.The results topped Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for a loss of 8 cents per share.The business software company posted revenue of $161.1 million in the period, also exceeding Street forecasts. Seven analysts surveyed by Zacks expected $158.5 million.For the current quarter ending in June, EverCommerce said it expects revenue in the range of $168 million to $172 million.The company expects full-year revenue in the range of $680 million to $700 million._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on EVCM at https://www.zacks.com/ap/EVCMSource

Court: EPA must regulate perchlorate, contaminant in water

Published Tue, 25 Feb 2025 00:49:22 GMT

A federal appeals court ruled Tuesday that the Environmental Protection Agency must regulate perchlorate, reversing a Trump-era rollback on a drinking water contaminant linked to brain damage in infants.A three-judge panel of the U.S. Court of Appeals for the District of Columbia ruled unanimously in an appeal brought by the Natural Resources Defense Council last year after the EPA, under the Biden administration, stood by the rollback. Two judges wrote that the EPA had no authority to withdraw from a 2011 determination that perchlorate should be regulated.Circuit Judge Florence Pan, in a concurring opinion, went further. She called the EPA’s decision not to regulate perchlorate “arbitrary” and “capricious” and rejected the agency’s assertion that perchlorate was occurring at lower levels than previously thought. That assertion relied on a ”biased dataset that was selectively updated,” wrote Pan, who was appointed by President Joe Biden last year.The EP...

Nektar: Q1 Earnings Snapshot

Published Tue, 25 Feb 2025 00:49:22 GMT

SAN FRANCISCO (AP) — SAN FRANCISCO (AP) — Nektar Therapeutics (NKTR) on Tuesday reported a loss of $137 million in its first quarter.On a per-share basis, the San Francisco-based company said it had a loss of 73 cents. Losses, adjusted for asset impairment costs, were 25 cents per share.The results topped Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for a loss of 26 cents per share.The biopharmaceutical company posted revenue of $21.6 million in the period, also topping Street forecasts. Four analysts surveyed by Zacks expected $20.6 million._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on NKTR at https://www.zacks.com/ap/NKTRSource

MicroVision: Q1 Earnings Snapshot

Published Tue, 25 Feb 2025 00:49:22 GMT

REDMOND, Wash. (AP) — REDMOND, Wash. (AP) — MicroVision Inc. (MVIS) on Tuesday reported a loss of $19 million in its first quarter.The Redmond, Washington-based company said it had a loss of 11 cents per share.The maker of drivers for miniature video displays posted revenue of $782,000 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 MVIS at https://www.zacks.com/ap/MVISSource

Rivian Automotive: Q1 Earnings Snapshot

Published Tue, 25 Feb 2025 00:49:22 GMT

IRVINE, Calif. (AP) — IRVINE, Calif. (AP) — Rivian Automotive, Inc. (RIVN) on Tuesday reported a loss of $1.35 billion in its first quarter.The Irvine, California-based company said it had a loss of $1.45 per share. Losses, adjusted for non-recurring costs, were $1.25 per share.The results surpassed Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for a loss of $1.51 per share.The a manufacturer of motor vehicles and passenger cars posted revenue of $661 million in the period, missing Street forecasts. Six analysts surveyed by Zacks expected $686.8 million._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on RIVN at https://www.zacks.com/ap/RIVNSource

Reporter pleads guilty to prank using Noem’s cell number

Published Tue, 25 Feb 2025 00:49:22 GMT

SIOUX FALLS, S.D. (AP) — A broadcast reporter pleaded guilty Tuesday to a misdemeanor disorderly conduct charge filed after he made a prank phone call using South Dakota Gov. Kristi Noem’s personal cell phone number.Reporter Austin Goss pleaded guilty to the misdemeanor that stemmed from a pre-recorded prank call he made Jan. 22 to Dan Lederman, the former chairman of the South Dakota Republican Party. The call, which came from a website called PrankDial, made it appear it was coming from Noem’s cell phone.Goss was fired from his job as the Capitol bureau reporter for Dakota News Now after the news organization learned of the matter. He initially was charged with a misdemeanor count of making threatening, harassing or misleading contacts, which carried a maximum penalty of one year’s imprisonment and $2,000 in fines.Goss’ lawyer, Jason Glodt, called the call a “practical joke” between Goss and a friend.“The Court granted Mr. Goss a suspended imposition of sen...