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Stock market today: Wall Street’s rally fizzles after Tesla and Netflix fall

Published Wed, 26 Feb 2025 02:06:49 GMT

NEW YORK (AP) — Drops for Tesla, Netflix and other big tech-oriented stocks put the clamps on Wall Street’s torrid rally Thursday.The S&P 500 fell 30.85, or 0.7%, to 4,534.87, coming off its highest close since early April 2022 and its seventh gain in the last eight days. The Nasdaq composite dropped 294.71, or 2.1%, to 14,063.31 and its worst loss in more than four months.The Dow Jones Industrial Average was an outlier and up 163.97 points, or 0.5%, to 35,225.18 because it has less of an emphasis on tech stocks.Tesla tumbled 9.7% despite reporting stronger profit and revenue for the spring than expected. Analysts said investors may be concerned about how profitable the electric vehicle maker will be after cutting prices. Planned factory downtime during the summer for upgrades could also weigh on its upcoming results.Because Tesla is one of the most valuable companies on Wall Street, its stock movements carry extra weight on the S&P 500 and other indexes.Netflix sank 8.4% de...

Suburban elementary school employee accused of distributing child pornography

Published Wed, 26 Feb 2025 02:06:49 GMT

CARY, Ill. — A man who worked in the attendance office of a suburban elementary school is facing multiple charges relating to a child pornography investigation.According to Algonquin police, Donald Peters was arrested on Tuesday after executing a search warrant was executed at his residence in Cary. Peters is a longtime employee of the CommunityUnit School District 300 and may have solicited students for their social media accounts, police said. Antioch police execute search warrant in criminal investigation after boy thrown from carnival ride "District 300 can confirm Donald Peters' employment at Westfield Community School," a spokesperson said to WGN News. "Mr. Peters has been placed on administrative leave. Due to the ongoing nature of the investigation, the district cannot provide further comment at this time."Peters was charged with 10 offenses, including: Child pornography – reproduce or distribute videoChild pornography – solicits another to provideIntimidation –...

Are the goodbyes beginning for the Cubs again - this time with Kyle Hendricks?

Published Wed, 26 Feb 2025 02:06:49 GMT

CHICAGO — It appears that a recent unpleasant tradition could be returning to Wrigley Field in 2023, with its start coming on Wednesday evening. Kyle Hendricks threw six innings against the Nationals with just one run allowed on five hits with five strikeouts compared to one walk. It continues what has been a good year for the starter, who dropped his ERA to 3.38 in 11 starts in 2023. It's also the last guaranteed year of his contract, with a $16 million club option remaining for the 2024 season. Even with an 8-3 win over the Nationals Wednesday night, the Cubs are still 7 1/2 games out of the lead in the National League Central division and seven games out of the last Wild Card spot.This means that Hendricks could be a candidate to be dealt to a contender before the August 1 deadline. Teams could find value in a pitcher who has won a World Series and had 12 postseason starts. Of course, this means that the Cubs and fans would say goodbye to their last player from that 2016 champio...

Person struck and killed by hit-and-run driver on interstate in Northwest Indiana

Published Wed, 26 Feb 2025 02:06:49 GMT

LAKE COUNTY, Ind. — A person walking on an interstate late-Tuesday night in Northwest Indiana was struck and killed by a hit-and-run driver, according to state police. Around 11:30 p.m., troopers received 911 calls reporting a woman wearing all black walking on Interstate 80/Interstate 94 near Broadway. Off-duty Chicago officer killed in ATV crash on Far North Side: source A short time later, 911 callers told troopers the woman was struck and the driver who hit her left.Indiana State Police troopers arrived and found the woman was dead, Sgt. Glen Fifield said.Anyone with information, who may have witnessed the crash or saw the vehicle involved is asked to call Trooper Kay Galvan at 219-696-6242.

Woman's lawsuit against California restaurant claims dish was too spicy, 'unfit for human consumption'

Published Wed, 26 Feb 2025 02:06:49 GMT

(KRON) – Everyone has different tolerances for spicy food. But a diner in the San Francisco Bay Area is alleging that one particular restaurant's appetizer was so spicy that it was "unfit" for human consumption.The diner, Harjasleen Walia, filed a civil lawsuit earlier this month accusing Coup De Thai in Los Gatos — as well as the restaurant's cook, waitressing staff, and owner — of negligence and intentional infliction of emotional distress. Walia, in her lawsuit, said the restaurant's "Dragon Balls" appetizer was so spicy that she suffered burns on her vocal cords, esophagus, and nose. "Harjasleen Walia was poisoned, made ill and burned necessitating medical care," the lawsuit claims. "Her throat and voice has been damaged. She incurred permanent injuries and will forever be damaged to her body. These consequences are the direct result of defendants serving to her foods unfit for human consumption."Walia is demanding compensation for medical expenses and loss of income. JFK gran...

Boil water notice in effect for some West Travis Co. PUA customers

Published Wed, 26 Feb 2025 02:06:49 GMT

HAYS COUNTY, Texas (KXAN) -- Due to high water system demands from Hays WCID 1 and Hays WCID 2, the water provider West Travis County Public Utility Agency (WTCPUA) is unable to maintain system pressure for some WTCPUA customers, and the Texas Commission on Environmental Quality (TCEQ) has required water systems to notify customers to boil their water, officials told KXAN.According to the WTCPUA website, the boil water notice was issued for customers on the Highway 290 System (High Pointe, Ledgestone, Sunset Canyon, Rim Rock, Parten Ranch, Burba Ranch, Sawyer Ranch…) and certain customers on Hamilton Pool Road (Provence, Belvedere, Madrone Ranch and Deer Creek ONLY).To ensure destruction of harmful bacteria and other microbes, water for drinking, cooking and making ice should be boiled and cooled prior to use, officials said.Officials also suggest purchasing bottled water or obtaining water from another suitable source.Once it is no longer necessary to boil water, the water system o...

Nearly 64,000 Texas borrowers will have their federal loans forgiven

Published Wed, 26 Feb 2025 02:06:49 GMT

AUSTIN (The Texas Tribune) Nearly 64,000 Texas borrowers will have their federal student loans forgiven after a U.S. Department of Education review concluded they qualified for the benefit.The total debt amount forgiven will be $3.1 billion, an average of $48,500 per borrower.The move is unrelated to President Joe Biden's now-defunct student debt forgiveness plan, which was blocked by the U.S. Supreme Court last month. It only applies to borrowers with federal loans taken more than two decades ago.Rather than forgiveness, the steps taken last week are a correction: It affects borrowers whose debts should have been canceled but weren’t due to "past administrative failures," according to the Department of Education.[Help us report on how the return of student loan repayments will affect Texans]The Department of Education started a review of all federal loans last year and, since then, the agency has identified 804,000 borrowers nationwide who would’ve qualified for debt forgiveness if...

Minnesota sees net 4,300 job loss in June, unemployment at 2.9%

Published Wed, 26 Feb 2025 02:06:49 GMT

Minnesota on Thursday reported a new loss 4,300 jobs in June, on a seasonally adjusted basis, with the state’s private sector losing 6,500 jobs.Minnesota’s unemployment rate remained steady at 2.9% in June, the Minnesota Department of Employment and Economic Development reported. Nationally, the unemployment rate was 3.6%. Looking at job growth over the year, both Minnesota and the U.S. as a whole are up 2.4%, DEED reported.The state did report an increase in the labor force of 9,017, up two-tenths of a percentage point to 68.4%, compared with 62.6% nationally. This rate measured the total number of people working or seeking work compared with the population as a whole.“More workers mean more good news for Minnesota. Our economy is strong with low unemployment, a growing labor force and recognition as one of the top five states in the nation for business,” said DEED Commissioner Matt Varilek in a news release. “While job growth didn’t continue this month, the long term trend remains...

St. Paul: Housing programs commit to better serving marginalized homebuyers

Published Wed, 26 Feb 2025 02:06:49 GMT

Before Shereese Turner started her job at Twin Cities Habitat for Humanity in 2018, she asked her friends and family what they knew about the housing agency.SMALL FILE — MAX. WIDTH FOR PRINT: 3.6 INCHES — Undated courtesy photo, circa July 2023, of Shereese Turner, chief program officer at Twin Cities Habitat for Humanity, who was on the frontlines of organization’s efforts to better serve American descendants of chattel slavery in their first-time homebuyers program (Courtesy of Twin Cities Habitat for Humanity)“A lot of people didn’t know much about it, but the few that did all said that Habitat doesn’t work with Black people,” she said.This reputation concerned Turner. Once she started working as chief program officer, Turner and the Habitat for Humanity team began an internal investigation, and combed through data from the past 30 years to see who their resources were really serving.“That aggregated data was very clear that we’ve served ...

Twins’ Jhoan Duran threw the seventh-fastest pitch in baseball history

Published Wed, 26 Feb 2025 02:06:49 GMT

SEATTLE — Before a day game in Oakland last weekend, Twins relief pitcher Jhoan Duran said he always gets stronger in the second half of a season. He wasn’t lying.Duran on Wednesday threw the fastest pitch in Major League Baseball this season, and seventh fastest record in the StatCast Era, a 104.8-mph four-seam fastball that Seattle’s Eugenio Suarez fisted to shortstop Carlo Correa for the second out in the ninth inning of a 6-3 victory over the Mariners at T-Mobile Park.For the final out, and his 16th save of the season, Duran fanned Mike Ford swinging at a fastball that clocked in at a mere 104 mph.Duran, 25, enjoys throwing hard, but Wednesday’s appearance came on two days rest after he saved three straight games in Oakland. He was asked Thursday if any of his coaches have encouraged him, for the sake of his powerful right arm, not to try to throw any harder.“No,” he said. “Everybody says, ‘Hey, when are you going to throw a hundred and five?’ ”Hall of Fame hurlers N...