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Driver in Malibu crash that killed 4 students charged with murder, prosecutor says

Published Mon, 24 Feb 2025 12:11:42 GMT

LOS ANGELES (AP) — The 22-year-old driver of a BMW that struck and killed four Pepperdine University students in Malibu last week has been charged with four counts of murder, authorities said Wednesday.Los Angeles County District Attorney George Gascón announced the charges against Fraser Bohm at a Wednesday news conference. He didn’t immediately say if Bohm had entered a plea.Bohm was in court Wednesday, a day after he was arrested, the Los Angeles County Sheriff’s Department said in a statement. Prosecutors also charged Fraser Bohm with four counts of gross vehicular manslaughter.Bohm had previously been arrested on suspicion of manslaughter after the Oct. 17 crash but was released a day later while investigators gathered more evidence.“In this specific case, the evidence including toxicology, speed analysis, execution of search warrants, etc. was still pending and took additional time to collect,” the statement said.The department does not decide if criminal charges are filed, bu...

KLA: Fiscal Q1 Earnings Snapshot

Published Mon, 24 Feb 2025 12:11:42 GMT

MILPITAS, Calif. (AP) — MILPITAS, Calif. (AP) — KLA Corporation (KLAC) on Wednesday reported fiscal first-quarter net income of $741.4 million.The Milpitas, California-based company said it had profit of $5.41 per share. Earnings, adjusted for one-time gains and costs, came to $5.74 per share.The results exceeded Wall Street expectations. The average estimate of 10 analysts surveyed by Zacks Investment Research was for earnings of $5.39 per share.The maker of equipment for manufacturing semiconductors posted revenue of $2.4 billion in the period, also beating Street forecasts. Eight analysts surveyed by Zacks expected $2.36 billion.For the current quarter ending in December, KLA expects its per-share earnings to range from $5.26 to $6.46. Analysts surveyed by Zacks had forecast adjusted earnings per share of $6.23.The company said it expects revenue in the range of $2.33 billion to $2.58 billion for the fiscal second quarter. Analysts surveyed by Zacks had expected revenue of $2.6 b...

Whirlpool: Q3 Earnings Snapshot

Published Mon, 24 Feb 2025 12:11:42 GMT

BENTON HARBOR, Mich. (AP) — BENTON HARBOR, Mich. (AP) — Whirlpool Corp. (WHR) on Wednesday reported third-quarter earnings of $83 million.The Benton Harbor, Michigan-based company said it had net income of $1.53 per share. Earnings, adjusted for non-recurring costs, were $5.45 per share.The results exceeded Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $4.38 per share.The maker of Maytag, KitchenAid and other appliances posted revenue of $4.93 billion in the period, also topping Street forecasts. Three analysts surveyed by Zacks expected $4.85 billion.Whirlpool expects full-year earnings to be $16 per share, with revenue expected to be $19.4 billion._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on WHR at https://www.zacks.com/ap/WHRSource

Sunnova Energy: Q3 Earnings Snapshot

Published Mon, 24 Feb 2025 12:11:42 GMT

HOUSTON (AP) — HOUSTON (AP) — Sunnova Energy International Inc. (NOVA) on Wednesday reported a loss of $63.1 million in its third quarter.The Houston-based company said it had a loss of 53 cents per share.The results did not meet Wall Street expectations. The average estimate of 12 analysts surveyed by Zacks Investment Research was for a loss of 34 cents per share.The residential solar company posted revenue of $198.4 million in the period, surpassing Street forecasts. Eleven analysts surveyed by Zacks expected $197.2 million._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on NOVA at https://www.zacks.com/ap/NOVASource

Ameriprise: Q3 Earnings Snapshot

Published Mon, 24 Feb 2025 12:11:42 GMT

MINNEAPOLIS (AP) — MINNEAPOLIS (AP) — Ameriprise Financial Services Inc. (AMP) on Wednesday reported third-quarter profit of $872 million.The Minneapolis-based company said it had profit of $8.14 per share. Earnings, adjusted for non-recurring gains, came to $7.68 per share.The results exceeded Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $7.58 per share.The financial services company posted revenue of $3.93 billion in the period. Its adjusted revenue was $3.92 billion, which did not meet Street forecasts. Five analysts surveyed by Zacks expected $3.96 billion.Ameriprise shares have dropped slightly more than 1% since the beginning of the year, while the S&P’s 500 index has climbed 9%. In the final minutes of trading on Wednesday, shares hit $307.14, an increase of 10% in the last 12 months._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zack...

Stacked Pac-12 enters what could be its final basketball season

Published Mon, 24 Feb 2025 12:11:42 GMT

The Pac-12 produced one of the great dynasties in sports history and some of the best college basketball players the game has ever known.John Wooden’s UCLA Bruins won 10 titles in 12 years with Kareem Abdul-Jabbar then Bill Walton. Reggie Miller played in the Pac-12. So did Gail Goodrich, Gary Payton, Sean Elliott and Jason Kidd. Now, after 108 years of history and tradition, the Pac-12 could be entering its final chapter. Ten of the conference’s schools are headed out the door next season and the remaining two are facing uncertain futures, turning the “Conference of Champions” into a conference of ashes.“I’m incredibly sad about the breakup of the Pac-12,” said first-year California coach Mark Madsen, who played at Stanford. “In the back of my mind, I hope in 20 years we’ll be able to put it back together in some way. A lot of West Coast rivalries, even in different conferences, will still try to find a way to play each other.”Until then, they get one more shot as confe...

Far-right candidate who wouldn’t denounce white-supremacist supporters loses Tennessee mayor’s race

Published Mon, 24 Feb 2025 12:11:42 GMT

NASHVILLE, Tenn. (AP) — Voters in a Tennessee city have firmly rejected a far-right mayoral candidate after she refused to denounce her white supremacist supporters, and the incumbent mayor decried hate and divisiveness as he celebrated his election win.Gabrielle Hanson lost the race by a wide margin Tuesday, according to unofficial results with all voting centers reporting. The Associated Press did not count votes in this election. Hanson, an alderman for the city about 20 miles (32 kilometers) south of Nashville, also faced criticism about her background beyond the white supremacist support, much of which was uncovered in investigations by WTVF-TV. The controversy was amplified in national coverage, including by comedian John Oliver on his HBO show, “Last Week Tonight.”With tensions already running high, the election was punctuated by the Williamson Herald newspaper revealing on Tuesday that flyers about “so-called ’leftist journalist’ propaganda” had been attached to their buildi...

Ethan Allen: Fiscal Q1 Earnings Snapshot

Published Mon, 24 Feb 2025 12:11:42 GMT

DANBURY, Conn. (AP) — DANBURY, Conn. (AP) — Ethan Allen Interiors Inc. (ETD) on Wednesday reported profit of $14.9 million in its fiscal first quarter.On a per-share basis, the Danbury, Connecticut-based company said it had net income of 58 cents. Earnings, adjusted for non-recurring costs, were 63 cents per share.The home furnishings company posted revenue of $163.9 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 ETD at https://www.zacks.com/ap/ETDSource

Hundreds of miners leave South Africa gold mine after being underground for 3 days in union dispute

Published Mon, 24 Feb 2025 12:11:42 GMT

SPRINGS, South Africa (AP) — Hundreds of miners who spent three days underground because of a union dispute left a gold mine in South Africa on Wednesday, mine officials and the union at the center of the standoff said.More than 100 miners who police and mine officials said were held against their will by fellow employees of the mine near Johannesburg had escaped earlier, according to a mine official.More than 550 mine workers had been in the mine since they went down late Sunday. An unknown number of them prevented the others from leaving as they demanded formal recognition of their unregistered labor union, the mine official said.The company that runs the mine said it had rough estimates indicating that around 110-120 of the miners were likely supporters of the unregistered union and had kept their co-workers from departing, although the exact numbers were unclear.“While this ordeal has been a traumatic experience, we are relieved to confirm that all employees are now out of harm&...

Prosecutors say 22-year-old man charged with murder in Malibu crash that killed 4 Pepperdine University seniors

Published Mon, 24 Feb 2025 12:11:42 GMT

LOS ANGELES (AP) — Prosecutors say 22-year-old man charged with murder in Malibu crash that killed 4 Pepperdine University seniors.Source