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Fewer Americans apply for jobless benefits as labor market keeps humming along

Published Sat, 22 Feb 2025 09:42:48 GMT

Applications for unemployment benefits fell again last week as America’s labor market continues to hum along despite attempts by the Federal Reserve to cool the economy and bring down inflation that’s still higher than optimal.The number of Americans applying for jobless benefits fell last week by 10,000, to 230,000 the week ending August 19, the Labor Department reported Thursday.The four-week moving average of claims, a less volatile measure, rose by 2,250 to 236,750.Jobless claim applications are seen as reflective of the number of layoffs in a given week.In an attempt to bring down four-decade high inflation, the Federal Reserve raised interest rates 11 times in the past year-and-a-half to the current 5.4%, a 22-year high.Part of the Fed’s reasoning was to cool the job market and bring down wages, which many economists believe suppresses price growth. Though inflation has come down significantly during that stretch, the job market has held up better than many anticip...

OSI: Fiscal Q4 Earnings Snapshot

Published Sat, 22 Feb 2025 09:42:48 GMT

HAWTHORNE, Calif. (AP) — HAWTHORNE, Calif. (AP) — OSI Systems Inc. (OSIS) on Thursday reported fiscal fourth-quarter profit of $42.4 million.On a per-share basis, the Hawthorne, California-based company said it had net income of $2.46. Earnings, adjusted for one-time gains and costs, were $2.66 per share.The results exceeded Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $2.54 per share.The airport security and full-body scanner manufacturer posted revenue of $411.9 million in the period, also exceeding Street forecasts. Three analysts surveyed by Zacks expected $384.5 million.For the year, the company reported profit of $91.8 million, or $5.34 per share. Revenue was reported as $1.28 billion._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on OSIS at https://www.zacks.com/ap/OSISSource

Yankees turning attention to 2024 in the midst of `a disaster’ season

Published Sat, 22 Feb 2025 09:42:48 GMT

NEW YORK (AP) — “How We Do” blared from the clubhouse speakers as disco lights flashed to the rap. Aaron Judge took over the wrestling championship belt that Anthony Volpe had held since the rookie’s three-run homer sparked a win at Miami on Aug. 11.“He’s never going to get the belt back again if it’s going to lead to eight, nine losses in a row,” Judge said with a playful smile.Despite a feel-good 9-1 victory over Washington on Wednesday night that ended the Yankees’ first nine-game losing streak in 41 years, New York (61-65) is 9 1/2 games back of a playoff berth and on track to end its streak of winning seasons at 30.“That ain’t going to hit a 95 mph fastball worrying about the standings,” Judge said. “We’ve got to focus on what we can control here on the field and show up every single day.”Before the first three-homer game of Judge’s major league career, general manager Brian Cashman said the team was “really obviously disappointed, frustrated, angered.”“I don’t think anyb...

La FIFA abre procedimiento disciplinario contra el presidente de la Federación Española de Fútbol

Published Sat, 22 Feb 2025 09:42:48 GMT

MADRID – La FIFA, a través de su Comisión Disciplinaria, ha decidido abrir un procedimiento disciplinario contra el presidente de la Real Federación Española de Fútbol (RFEF), Luis Rubiales, según anunció este jueves en un comunicado, tras los hechos acaecidos durante la final de la Copa Mundial Femenina que organizó.El comportamiento de Luis Rubiales, con el beso a Jenni Hermoso en el acto de entregas de medallas a las internacionales españolas como campeonas del mundo, y las imágenes del palco en la celebración del presidente de la RFEF, “podrían resultar constitutivos de violaciones de los artículos 13.1 y 13.2 del Código Disciplinario de la FIFA”. Dirigente pide disculpas por el polémico beso en la boca a la futbolista española Jenni Hermoso Source

La FIFA abre un procedimiento disciplinario contra Luis Rubiales y en España piden su inhabilitación por el beso a Jennifer Hermoso

Published Sat, 22 Feb 2025 09:42:48 GMT

(CNN Español) — La Federación Internacional del Fútbol Asociado (FIFA) anunció este jueves que su Comisión Disciplinaria abrió un procedimiento contra el presidente de la Real Federación Española de Fútbol, Luis Rubiales, por el beso no consencuado a la futbolista Jennifer Hermoso durante la entrega de premios del Mundial Femenino que culminó este domingo.La FIFA dijo que el entrenador fue informado del inicio del proceso este jueves.Además, la Liga Profesional de Fútbol femenino  de España solicitó la inhabilitación de Rubiales por “los gravísimos hechos y conductas” al besar a la delantera de la selección femenina de fútbol.En un comunicado, la Liga Profesional de Fútbol Femenino —Liga F— anunció que presentó una denuncia ante el presidente del Consejo Superior de Deportes contra Rubiales solicitando su inhabilitación por los hechos mencionados.Así es el panorama de Luis Rubiales tras darle un beso no deseado a Jenni HermosoHermoso recibe un beso de Rubiales tras...

Spirit Aerosystems aware of quality issue on some fuselage units for 737

Published Sat, 22 Feb 2025 09:42:48 GMT

Airline supplier Spirit Aerosystems says it’s aware of a quality issue involving elongated fastener holes on the aft pressure bulkhead on certain models of the 737 fuselage it produces.The Wichita, Kansas-based company said because it uses multiple suppliers, only some units are impacted and it will continue to make unit deliveries to Boeing.“Boeing has determined that there is no immediate safety of flight concern associated with this issue for the 737 fleet and that the in-service fleet may continue to operate,” Spirit Aerosystems said in a statement.Aircraft manufacturers have wrestled with supply issues in recent years. Spirit Aerosystems builds the fuselage for Boeing’s 737 Max narrowbody jet and substantial sections of aircraft bodies in other of its models. The company builds components for Airbus aircraft as well. In April Boeing cautioned that production and delivery of a “significant number” of its 737 Max planes could be delayed because of questions about Spirit Aer...

Hundreds already ticketed for speeding in school zones this year

Published Sat, 22 Feb 2025 09:42:48 GMT

DENVER (KDVR) — Within two weeks of school picking back up, Northglenn Police Department officers already caught over a hundred people speeding in school zones.On "X," formerly known as Twitter, the Northglenn Police Department posted a video of officers conducting speed enforcement checks in school zones. Since schools started on Aug. 14, officers have issued over 100 speeding tickets. Going 45 in a school zone is cause for jail time This isn't the first year where people are speeding near schools. In 2022, police clocked someone driving almost 70 mph in a school zone near Colfax Elementary. And it's not just at the start of the year either. This past February, the drivers in Aurora were clocked driving 40 to 50 mph in a school zone. A Colorado State Patrol report showed Jefferson, El Paso and Adams counties were at the top of the list when it came to school zone crashes in 2022. Traffic accidents were three times more likely to happen during school pick-up and drop-off hours.So...

Flipturn band explains why Red Rocks is a 'dream venue' for artists

Published Sat, 22 Feb 2025 09:42:48 GMT

DENVER (KDVR) — Red Rocks Amphitheatre is admired by more than just Coloradans. Some artists dream of performing there, and when they do, they say it's an honor.Flipturn, an indie band from Florida, recently opened at Red Rocks for two back-to-back nights of sold-out shows with Mt. Joy. The band told FOX31 why performing at Red Rocks was a dream come true. Full list of concerts at Red Rocks in fall of 2023 "Red Rocks is always the venue that I think any band would say it's their dream to play there," bassist Madeline Jarman said.Why do artists say performing at Red Rocks is a dream come true?The Colorado staple venue has a long history of performances dating back to 1941. The drummer, Devon Vonbalson, said that the history behind the iconic venue makes it a "real honor" to perform at.It's a venue that the singer Dillon Basse said it is hard not to know about as an artist because so many notable bands and musicians have played on that stage. "For a long time whenever people have as...

Yevgeny Prigozhin — hot dog tycoon, warlord and mutineer — dead at 62

Published Sat, 22 Feb 2025 09:42:48 GMT

Yevgeny Prigozhin’s days seemed numbered the moment he had the audacity — some would say recklessness — to raise a mutiny two months ago and start his march on Moscow.The paramilitary boss’s demise hardly comes as a surprise to anyone who closely follows Vladimir Putin’s Kremlin — opponents of all types have met mysterious and untimely deaths, with a thud or a crash, poisoned, shot or tumbled out of windows. A neat suicide in a dacha is probably the best an adversary can hope for — and you only get that when a mess isn’t warranted. This time a mess would seem to have been officially authorized as a graphic warning to others — as a signal that Putin calls the shots. “A gangster killed by another gangster gangsta style,” was the laconic take of Adrian Karatnycky of the Atlantic Council when news broke Wednesday that a private jet with Prigozhin on board crashed near Moscow, killing him and another nine people, including one of his top paramilitary field commanders, Dmit...

6 new countries to join BRICS, including Iran and Saudi Arabia

Published Sat, 22 Feb 2025 09:42:48 GMT

Leaders of the BRICS group have decided to invite six more countries to join their alliance.Argentina, Egypt, Ethiopia, Iran, Saudi Arabia and the United Arab Emirates have all been invited to become members of BRICS, said South African President Cyril Ramaphosa, who hosted a three-day summit of the emerging markets group in Johannesburg this week.Their membership will take effect January 1, 2024.“We value the interest of other countries in building a partnership with BRICS,” Ramaphosa said. “We have tasked our Foreign Ministers to further develop the BRICS partner country model and a list of prospective partner countries and report by the next Summit.”The decision to broaden the grouping reflects a lack of progress in deepening the existing BRICS alliance, which despite representing a third of global GDP has diverging interests — ranging from China’s rise as a global superpower, to India’s nonalignment, to Brazil’s status as a farm exporter. Some of the new m...