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GameStop leads meme stock rally

Published Fri, 27 Dec 2024 08:44:24 GMT

Meme stocks are rising before the opening bell Wednesday after GameStop, one of the most heavily traded off-brand stocks during the pandemic, posted a surprise profit for the fourth quarter. Rather than a per-share loss of 16 cents as Wall Street had expected, the video game retailer reported a profit of 16 cents per share, or $48.2 million in all. GameStop’s revenue fell and much of the profit gain came from aggressive cost cutting, including store closures and layoffs. However, as was the case during the pandemic, fundamentals that typically drive stock movement appear to be being pushed aside. Shares of GameStop Corp., Grapevine, Texas, surged 47% in premarket trading and it pulled other meme stocks along for the ride. During the pandemic, GameStop was a member of a group of beat-down stocks that drew smaller investors in huge numbers. The theory was that if enough small investors got in the game and drove the stock higher, it would force large hedge funds with short positi...

Prince William County’s crisis receiving center taking shape; Sen. Kaine pays a visit

Published Fri, 27 Dec 2024 08:44:24 GMT

This article was written by WTOP’s news partner InsideNoVa.com and republished with permission. Sign up for InsideNoVa.com’s free email subscription today.The former Gander Mountain store in Woodbridge didn’t look like much Monday morning, its shop floor empty, concrete flooring exposed and paint peeling in places.But in Prince William County Community Services Director Lisa Madron’s hands were plans of what the 79,000-square-feet space could soon be for those in desperate need of mental health services.Madron was leading Sen. Tim Kaine, D-Va., and over a dozen other elected officials and local health care leaders on a tour Monday of what will soon be the county’s first crisis receiving center, a project that Kaine and his congressional colleagues helped fund through an appropriations request.Scheduled to open in 2024, the center will have 16 units for 23-hour observation of adults and 16 in-patient beds for those who require monitoring beyond 23 hours, typically t...

French President Emmanuel Macron says in TV interview that pension bill needs to be implemented by ‘end of the year’

Published Fri, 27 Dec 2024 08:44:24 GMT

PARIS (AP) — French President Emmanuel Macron says in TV interview that pension bill needs to be implemented by ‘end of the year.’Source

Climate solution: Downsize laundry jugs to cut emissions

Published Fri, 27 Dec 2024 08:44:24 GMT

Laundry detergent is looking a little different these days. A growing number of companies are making bulky plastic jugs smaller and concentrating the detergent or soap.Without all that water, less fossil fuels are required for transport, because the products are lighter and more can be shipped in a single trip. New detergent formulas are changing to become ultra-concentrated liquids or even solid sheets roughly the size of an iPhone. “Laundry detergent can contain up to 90% water,” said Lisa Karandat, co-founder of Good JuJu, a company that sells sustainable laundry sheets and solid shampoo and conditioner bars, among other things. “Those big heavy jugs require a lot of space to truck around the country.”In addition to lower carbon emissions from diesel-burning delivery trucks, some companies are responding to public demand to minimize plastic pollution.If more laundry soap were sold in concentrated bottles, it would sharply cut waste without taking away customer benefits, said John...

UN: Many African children at risk from lack of clean water

Published Fri, 27 Dec 2024 08:44:24 GMT

ABIDJAN, Ivory Coast (AP) — In Nigeria’s teeming city of Lagos, children in the Makoko area swim and play in filthy water surrounded by garbage. In Ivory Coast’s largest city, Abidjan, thousands of families must fetch water from streams for their daily needs.In Mozambique and Malawi the recent destruction and flooding caused by Cyclone Freddy have displaced more than 500,000 people and the lack of clean water has seen a dramatic rise in cholera cases. March 22 is the United Nation’s World Water Day, marked annually since 1993 to raise awareness about the pressing need for billions of people around the world to have access to clean water and sanitation.According to the UN, 1 in 4 people – 2 billion people worldwide – lack safe drinking water and 1.4 million people die annually of diseases related to poor water, sanitation and hygiene.An estimated 190 million children in 10 African countries are at the highest risk from inadequate access to clean water and sanitation facil...

2nd day of remembrance for Boulder King Sooper victims

Published Fri, 27 Dec 2024 08:44:24 GMT

BOULDER, Colo. (KDVR) — Wednesday, March 22, marks the second anniversary of the shooting at the King Soopers in Boulder. Ten people were killed when a gunman entered the store and opened fire.The shooting took place shortly after 2:30 p.m. that afternoon.The victims included Boulder Police Officer Eric Talley. He was killed shortly after arriving at the store and confronting the gunman. He was one of the first officers on scene. Remembering 10 people killed at Boulder King Soopers The other victims were shoppers and employees. The gunman was shot by police and taken into custody. A legal battle is still underway over his competency to stand trial.A remembrance event will be held Wednesday evening in Boulder.  The ceremony is being held at the eTown Hall located at 1535 Spruce St. in downtown Boulder.  It begins at 5:30 p.m. and the event is free but you are asked to register online on the Boulder website. According to the event planners, the ceremony is a safe space for the commu...

Miramar Police investigating shooting on Hiatus Road; 1 injured

Published Fri, 27 Dec 2024 08:44:24 GMT

Miramar Police are currently investigating a shooting incident that left one person injured. According to authorities, the shooting occurred at around midnight on Hiatus Road at Pembroke Road, Wednesday.The victim was found lying in the middle of the street and was rushed to the hospital, where it was discovered that they had sustained a gunshot wound to the head. The victim is currently in critical condition, but miraculously still alive.The roads were closed off for several hours as police collected evidence, including shell casings, and took photos of the crime scene. A K-9 unit was also seen at the location, suggesting that authorities were searching for the weapon or the suspect.After nearly nine hours, Pembroke Road was reopened, but Hiatus Road remains closed as authorities continue their investigation. It is unclear whether they are still searching for a suspect or if anyone is currently in custody.Please check back on WSVN.com and 7News for more details on this developing s...

Police investigate NW Miami-Dade apartment complex after teen found dead in parking lot

Published Fri, 27 Dec 2024 08:44:24 GMT

A teenager has been found dead in the parking lot of an apartment complex located on Northwest 74th and 23rd Court, sparking a major investigation by the police.According to law enforcement officials, they received a ShotSpotter alert around 11:00 p.m. on Tuesday, which led them to the discovery of the victim. The deceased is believed to have been involved in previous shooting investigations, and his identity has not been revealed as police continue their search for his next of kin.At least three crime scene investigation vans and several officers were seen collecting bags of evidence before leaving the scene. Police tape now surrounds the area as the investigation remains active.Local residents are understandably nervous about the police activity, and many are anxious for answers. At present, police have not released any information about the cause of death or any possible suspects. However, the investigation is ongoing, and authorities are working diligently to gather any evidence...

Biden White House closely watching Federal Reserve following bank failures

Published Fri, 27 Dec 2024 08:44:24 GMT

(CNN) — All eyes are trained on the Federal Reserve as it prepares to announce another potential interest rate hike Wednesday afternoon — exactly 10 days after the Biden administration stepped in with dramatic emergency actions to contain the fallout from two bank failures.Biden White House officials will be closely watching the highly anticipated rate decision — and monitoring every word of Fed Chairman Jerome Powell’s public comments — for any telling clues on how the central bank is processing what has emerged one of the most urgent economic crises of Joe Biden’s presidency.The moment creates a complex, if carefully observed, dynamic for the administration’s top economic officials who have spent much of the last two weeks engaged in regular discussions and consultations with Powell and Fed officials as they’ve navigated rapid and acute risks to the banking system.The Fed’s central role is not only...

Billie Eilish, Kendrick Lamar, Red Hot Chili Peppers among featured acts at Lollapalooza 2023

Published Fri, 27 Dec 2024 08:44:24 GMT

(CNN) — The lineup for this year’s Lollapalooza was announced on Tuesday, and it features some major musical acts set to perform at Chicago’s popular music festival.Billie Eilish, Kendrick Lamar, the Red Hot Chili Peppers and Lana Del Rey are all slated to headline the fest, along with The 1975, Odesza, Karol G and Tomorrow x Together.Tomorrow x Together, also known as TXT, is the first K-pop act to headline Lollapalooza. TXT’s historic appearance will follow fellow K-pop group Blackpink’s previously announced milestone as the first K-pop group to headline the Coachella music festival in Indio, California in April.Over 170 bands are set to grace the stage in Chicago’s Grant Park on nine different stages during the Lollapalooza festival, which will run from August 3 to August 6.Other acts confirmed to perform in the Windy City this summer are Jared Leto’s band 30 Seconds to Mars, Maggie Rogers, Carly Rae Jepson, Suki Waterhouse, Lil Yachty an...