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Stock market today: Wall Street holds a bit steadier after weeks of losses

Published Fri, 27 Dec 2024 22:28:20 GMT

NEW YORK (AP) — Wall Street is holding a bit steadier Friday following an encouraging profit report from Amazon, one of its most influential companies, and some mixed readings on the U.S. economy.The S&P 500 was 0.2% higher in morning trading, coming off its ninth loss in 11 days and its lowest level in five months. The Dow Jones Industrial Average was down 53 points, or 0.2%, as of 10:10 a.m. Eastern time, and the Nasdaq composite was 0.9% higher.Stocks have struggled recently for a couple reasons: Several Big Tech stocks tanked following profit reports for the summer, and rising Treasury yields in the bond market tightened their vise on Wall Street.The market got some relief after Amazon rose 7.8% following its profit report. Both its profit and revenue for the summer were better than expected. As one of the most massive companies on Wall Street, Amazon’s stock movements carry huge weight on the S&P 500 and other indexes.It’s one of the “Magnificent Seven” Big Tech stocks ...

Daughter Ivanka Trump must testify at Donald Trump’s civil fraud trial, New York judge rules

Published Fri, 27 Dec 2024 22:28:20 GMT

NEW YORK (AP) — Ivanka Trump will have to take the witness stand in the civil fraud case against her father, her brothers and the family business, a judge ruled Friday.The ruling came weeks into the trial of New York Attorney General Letitia James’ lawsuit against former President Donald Trump, sons Don Jr. and Eric, the Trump Organization and some executives.After Ivanka Trump was dismissed from the case months ago, lawyers for her and the defense contended that she shouldn’t have to take the stand, noting that she moved out of New York and stepped away from her Trump Organization job in 2017. The state’s lawyers argued that the former Trump Organization executive vice president has relevant information.Judge Arthur Engoron sided with the state, citing documents showing that Ivanka Trump has ownership or management ties to some businesses in New York and still owns Manhattan apartments.“Ms. Trump has clearly availed herself of the privilege of doing business in New York...

EU offers more cash to fertilizer makers over fears of new energy crunch

Published Fri, 27 Dec 2024 22:28:20 GMT

The European Commission is asking energy-intensive industries if they’d like to continue benefiting from relaxed state aid rules in the wake of the Israel-Hamas war and the impact it could have on global gas prices. This includes fertilizer producers, which last year made record profits.Following Russia’s invasion of Ukraine in February 2022, the EU executive loosened rules on how much state aid countries can give to energy-intensive sectors to compensate them for a spike in gas prices. The measures are due to expire on December 31.Between July and September, the Commission consulted with national governments on whether to extend the measures into 2024. The EU executive is still reviewing the feedback and has yet to make a decision, but fewer countries are expected to be in favor of the extension compared to last year.Nevertheless, in light of gas supply disruptions following the Israel-Hamas conflict, the Commission has already reached out directly to the industry that benefits fro...

Hundreds of tips pour in about massacre in Maine, but accused gunman is still at large

Published Fri, 27 Dec 2024 22:28:20 GMT

(CNN) — Investigators searching for mass shooting suspect Robert Card have received more than 530 tips from the public, Maine’s public safety commissioner said Friday. But the “armed and dangerous” suspect accused of killing 18 people Wednesday remains at large, and crews are scrambling to find him by land, sea and air.While the manhunt intensifies, communities engulfed with grief are now riddled with anxiety. Two days after a gunman shot up a bowling alley and a bar, ravaging the tranquil city of Lewiston, residents across a 700-square-mile area were urged to keep sheltering in place Friday as authorities raced to find the suspect.Divers will search the area near a boat launch where Card’s vehicle was found, Maine’s Public Safety Commissioner Michael Sauschuck said Friday. “We will be putting divers in the water along the Androscoggin River,” he said.Air assets will also be deployed to help the divers look for evidence, the commissioner said.Live Updates:&n...

Home Showcase: Views just part of allure of Cambridge penthouse

Published Fri, 27 Dec 2024 22:28:20 GMT

Iconic views of the Boston skyline and Beacon Hill are hard to come by from a Cambridge vantage point. That’s the first thing buyers will notice from the penthouse at 10 Rogers Street.In fact, penthouse unit 7 — one of only nine top floor residences in the full-service building — has much more to offer. To wit, it’s changing hands for the first time in more than 30 years.Still, it’s fair to gush about the view, which stretches across the Charles to the Esplanade treeline, the gilded dome of the State House, and Beacon Hill’s picturesque brownstones. With two private outdoor decks, there’s plenty of room to air out and catch a sunset in style. When the temperatures have dipped, the view can be enjoyed from the warmth of the living room via floor-to-ceiling glass sliders.At just over 1,900 square feet, with a formal dining room, two bedrooms, and a flexible den space, the penthouse is roomy without being cavernous, and offers warm spaces for entertaining. After all, who wouldn’t want ...

WZLX’s Kevin Karlson dies, tributes pour in for Boston radio host: ‘Rock in peace, Kevin’

Published Fri, 27 Dec 2024 22:28:20 GMT

Boston radio host Kevin Karlson has died unexpectedly, 100.7 WZLX announced Friday morning.Karlson was a staple on the classic rock station for almost two decades. He was a host on the morning show with Pete McKenzie and Heather Ford.Karlson reportedly passed away in his sleep at home.“It is with great sadness that 100.7 WZLX shares news of the unexpected passing of our friend, Kevin Karlson,” 100.7 WZLX posted on Friday.“For almost 20 years, Kevin helped wake up Boston with humor and classic rock,” the rock station added. “We invite you to share your memories of Kevin as we celebrate his life… From all of us at WZLX — Rock in peace, Kevin.”Loyal listeners were calling up the radio station to share their memories of Karlson, saying their mornings won’t be the same without Karlson.“Absolutely heartbroken,” a show listener said.“He’s going to be missed severely. So sorry for all of your loss,” another one sa...

Chicago Bears Week 8 storylines: A supercharged Tyson Bagent debate, Tyler Scott’s growth mindset and Jaylon Johnson’s contract desires

Published Fri, 27 Dec 2024 22:28:20 GMT

The Chicago Bears are headed west this weekend, off to Inglewood, Calif., to face the Los Angeles Chargers on Sunday night. Coming off a 30-12 blowout of the Las Vegas Raiders, the Bears have experienced a spike in confidence and still hope to salvage their season with 10 games remaining.They’ll have a great chance to gather believers with a road upset Sunday. As kickoff approaches, here’s the inside slant on three notable storylines.Just a feelingOne of the Bears’ more underrated offensive moments from Sunday’s 30-12 victory against the Raiders was a play that didn’t quite unfold as planned. It came in the third quarter, third-and-6 at the Raiders 25 with the Bears looking to add to a 14-3 lead.Coordinator Luke Getsy called for a Tyson Bagent pass from out of shotgun with DJ Moore running a deep corner to the left and Darnell Mooney using a switch release on his out route to the same side. Tyler Scott, meanwhile, had an in-breaking route 12 yards down ...

Ravens DT Justin Madubuike sees his diligence pay off in sacks as free agency approaches

Published Fri, 27 Dec 2024 22:28:20 GMT

His production at Texas A&M and his quickness at 293 pounds screamed “pass rusher.”Justin Madubuike never felt he got that credit, however, from NFL scouts or coaches. They harped on his lack of bulk, said he needed to fire off the ball faster, questioned his consistency.For three years with the Ravens, Madubuike tantalized, sprinkling brilliant games amid longer stretches of ordinary ones. NBC’s Peter King famously touted him as a dark horse candidate for Defensive Player of the Year before the 2021 season, jumping the gun but accurately hinting at the excitement Ravens coaches felt when they glimpsed Madubuike at his best.Consistency? Well, he needed to strive for that.Madubuike started keeping a journal so he would never lose sight of his goals. Former Ravens teammate Justin Houston connected him with private coach Chuck Smith, known around the league as “Dr. Rush,” in part for his work with Aaron Donald, perhaps the greatest interior pass rusher...

Patriots rookie finds starting role after offseason shake-up

Published Fri, 27 Dec 2024 22:28:20 GMT

FOXBORO — The Patriots might have found their starting right guard of the future in the fourth round of the 2023 NFL Draft.Rookie Sidy Sow earned the start at right guard in place of Mike Onwenu, who moved to right tackle, in Sunday’s win over the Bills and thrived. With an 86.4 mark, Sow earned the highest single-game PFF grade for a rookie offensive lineman this season.It would have been difficult to predict Sow getting starting reps at right guard as recently as this summer. He was a left tackle as a freshman in college and played guard in his remaining years at Eastern Michigan, but the 6-foot-5, 318-pound offensive lineman was drafted to play tackle in New England. The Patriots had Sow playing right tackle — even earning first-team reps — throughout training camp and the preseason before they got Calvin Anderson back from the non-football illness list and acquired Vederian Lowe and Tyrone Wheatley Jr. in trades.When Onwenu and Cole Strange weren’t ...

Complete Boston Herald coverage: Mass shooting in Maine

Published Fri, 27 Dec 2024 22:28:20 GMT

Complete coverage of the mass shooting in Lewiston, Maine is gathered here: https://www.bostonherald.com/tag/maine/.Thousands of Mainers still under lockdown order as hunt continues for Robert Card, Maine mass shooting suspectLewiston Democrat Jared Golden says he’s switching his position on banning assault weaponsMaine’s gun laws and consequences, explainedMaine mass shooting: ‘Why do people do this?’Biden, state lawmakers respond to mass shooting in MaineMaine mourns as it shelters-in-place from Lewiston to LisbonWho is Maine mass shooting suspect Robert Card?Father of manager shot to death at Schemengees Bar calls son a ‘hero’ for confronting the Maine gunmanMassachusetts State Police detail efforts working with Maine on manhunt for mass shooting suspect Robert CardPolice descend on Bowdoin home as manhunt continues for Robert Card, suspect in Maine mass shootingShooter’s carnage unleashes terror in Maine, manhunt continuesSirens, then eerily quiet: Scenes from the night of Maine...