Home

Ticker: Wall Street soars on inflation report; ESPN Bet nears launch 

Published Fri, 27 Dec 2024 12:19:58 GMT

Wall Street surged after a report on U.S. inflation sent waves of relief through markets.The S&P 500 jumped 1.9% to a two-month high Tuesday, one of its best days of the year.The Dow rallied 489 points, and the Nasdaq composite soared 2.4%.The highly anticipated report showed inflation slowed last month, bolstering bets among traders that the Federal Reserve is finally done with its market-crunching hikes to interest rates.Technology and other high-growth stocks led the way higher. Stocks of smaller companies also got a particularly big boost on hopes that financial conditions won’t tighten further. Treasury yields tumbled.ESPN Bet nears launchESPN Bet, a rebranded sports-gambling app owned by Penn Entertainment, is set to launch.Penn signed a $1.5 billion deal with ESPN for rights to the sports media giant’s name in August. Under the agreement, Penn will operate ESPN Bet while ESPN promotes the app across its online and broadcast platforms.It’s unclear when ES...

Could gambling’s expansion make South Florida the new Vegas?

Published Fri, 27 Dec 2024 12:19:58 GMT

Some people have a vision of Florida’s future: a gambling destination second only to Las Vegas, perhaps even rivaling it, where tourists play craps and roulette at the Hard Rock Casino in Hollywood, sip cocktails on the beach, and place bets on a Dolphins or Heat game with the swipe of a finger.Maybe their kids are at Disney World, or at the pool; maybe they’re at home in New York or Massachusetts, somewhere cold.“If you look at Vegas, their hotels are always packed, their casinos are always packed,” said Mychal Milian, a lodging instructor at Florida International University’s Chaplin School of Hospitality & Tourism Management. “Now imagine Vegas with a beach.”Milian also serves as the complex director of operations for the Dania Pointe Marriott Hotels at the Fort Lauderdale Airport, a 10-minute drive from the Hard Rock in Hollywood.In less than a month, in-person sports betting, craps and roulette will, presumably, begin at all South Florida casinos and elsewhere in the state,...

Patriots captain reacts to Jack Jones release with disappointment

Published Fri, 27 Dec 2024 12:19:58 GMT

FOXBORO — Based on comments from Patriots longtime defensive end Deatrich Wise, players were in the dark over the cause of Jack Jones’ release Monday.Wise, a defensive captain, spoke to reporters in the locker room on Tuesday and was asked for his reaction to Bill Belichick’s decision to waive Jones.Related ArticlesNew England Patriots | Kyed: 13 final thoughts on Patriots’ eventful experience in Germany New England Patriots | Bill Belichick breaks silence on Patriots’ decision to waive Jack Jones New England Patriots | Patriots-Colts film review: Why the Germany loss may not be rock bottom New England Patriots | Patriots release troubled CB Jack Jones, claim RB JaMychal Hasty New England Patriots | Patriots captains declare belief in Bill Belichick after latest loss “That was something that I saw later on last night,” Wise said. “That was one of those thin...

Michigan judge says Trump can stay on primary ballot, rejecting challenge under insurrection clause

Published Fri, 27 Dec 2024 12:19:58 GMT

By COREY WILLIAMS and NICHOLAS RICCARDI (Associated Press)DETROIT (AP) — A Michigan judge ruled Tuesday that former President Donald Trump will remain on the state’s primary ballot, dealing a blow to the effort to stop Trump’s candidacy with a Civil War-era Constitutional clause.It marks the second time in a week that a state court declined to remove Trump from a primary ballot under the insurrection provision of the 14th Amendment.In Michigan, Court of Claims Judge James Redford rejected arguments that Trump’s role in the Jan. 6, 2021, attack on the U.S. Capitol meant the court had to declare him ineligible for the presidency. Redford wrote that, because Trump followed state law in qualifying for the primary ballot, he cannot remove the former president.Additionally, he said it should be up to Congress to decide whether Trump is disqualified under the section of the U.S. Constitution that bars from office a person who “engaged in insurrection.” R...

87-year-old linked to Miguel's Cocina E. coli outbreak dies

Published Fri, 27 Dec 2024 12:19:58 GMT

SAN DIEGO — An 87-year-old man with multiple pre-existing conditions who ate at Miguel's Cocina in 4S Ranch during the E. coli outbreak died last month, county health officials confirmed.The man, identified as John Christ Ferber, passed away on Oct. 26, according to the San Diego County Medical Examiner's Office. Further details about his death were not disclosed by county officials.It marks the first death due to the outbreak at the popular Mexican chain restaurant that hospitalized 10 people and infected at least 25 others. Those who fell ill reported eating at the location between Oct. 6 and Oct. 18.A county investigation into the specific food items that were the source of the outbreak at the restaurant remains ongoing. After a 10-day voluntary closure, however, the 4S Ranch location of Miguel's Cocina was reopened on Saturday, Nov. 4. Deadline looming for Scripps Health patients with Medicare Advantage Prior to resuming business, the county told FOX 5 that the restaurant had ...

CP NewsAlert: Trudeau, Eby announce $1 billion battery plant in Maple Ridge, B.C.

Published Fri, 27 Dec 2024 12:19:58 GMT

MAPLE RIDGE, B.C. — A lithium-ion battery cell production plant costing more than $1 billion will be built in Maple Ridge, B.C.Prime Minister Justin Trudeau and Premier David Eby jointly announced that the new E-One Moli facility will bolster Canada’s role as a global leader in clean technology.A statement says the province is contributing up to $80 million, with $970 million coming from the federal government, E-One Moli and private sources. More coming.The Canadian Press

Alaska Lt. Gov. Nancy Dahlstrom joins the race for the state’s only US House seat

Published Fri, 27 Dec 2024 12:19:58 GMT

JUNEAU, Alaska (AP) — Alaska Republican Lt. Gov. Nancy Dahlstrom is joining the race for the state’s only U.S. House seat, which is currently held by Democratic Rep. Mary Peltola, .Dahlstrom, who announced her campaign Tuesday, joins Republican Nick Begich III in seeking to challenge Peltola next year.Peltola won a special election and a regular election last year for the seat, becoming the first Alaska Native to serve in Congress. The seat had been held for 49 years by Republican Don Young, who died in March 2022. Begich unsuccessfully ran in the 2022 House races, which also featured former Republican vice presidential nominee Sarah Palin.Alaska has an open primary system in which the top four vote-getters, regardless of party affiliation, advance to the general election. Ranked choice voting is used in the general election. Voters approved the change to the elections process in 2020, and the first elections under that system were held last year.Dahlstrom, a former state lawm...

US extends sanctions waiver allowing Iraq to buy electricity from Iran

Published Fri, 27 Dec 2024 12:19:58 GMT

WASHINGTON (AP) — The Biden administration has extended by four months a sanctions waiver that will allow Iraq to continue to purchase electricity from Iran and gives Iran limited access to the proceeds to buy humanitarian goods.Secretary of State Antony Blinken signed the 120-day waiver extension and it was transmitted to Congress on Tuesday, U.S. officials said. The move is likely to draw criticism from Iran hawks on Capitol Hill and elsewhere who believe the extension will reward Iran at a time when it is coming under increasing pressure to end its support for proxy groups, including Hamas, that are destabilizing the Middle East.There is roughly $10 billion in Iraqi payments for Iranian electricity currently being held in escrow accounts in Iraq, and the waiver will allow Baghdad to maintain its energy imports without fear of U.S. penalties for violating sanctions on Iran.It will also keep in place a provision — included in the last 120-day waiver — under which portions of the el...

Faithful dog survives 10 weeks, stays with owner who died of hypothermia in Colorado mountains

Published Fri, 27 Dec 2024 12:19:58 GMT

A tiny Jack Russell terrier survived in the Colorado mountains for more than 10 weeks after her owner died of hypothermia, despite losing half her body weight, a rescuer said.Richard Moore of Pagosa Springs, Colorado, and his 12-pound dog Finney had set out to climb Blackhead Peak east of the town on Aug. 19, but never returned home, the Archuleta County Sheriff’s Office said. A days-long search of the treacherous and steep western side of the mountain between where Moore’s car was parked and the peak was unsuccessful, said Delinda VanneBrightyn with Taos Search and Rescue, whose search dog joined the effort. From the starting point, the hike to Blackhead Peak gains 2,150 feet (650 meters) in elevation.When a hunter came upon the 71-year-old’s body in the San Juan Mountains on Oct. 30, Finney was still there with him, despite being down to just 6 pounds, VanneBrightyn said Tuesday.A recovery crew was flown in the next day. Finney was taken to a veterinarian for a checkup...

Former Leaf urges hockey players to use cut-resistant gear

Published Fri, 27 Dec 2024 12:19:58 GMT

A former Toronto Maple Leafs player is speaking out about the need for cut-resistant gear for hockey players at all levels.Carlo Colaiacovo, who was drafted by the Leafs in 2002, said he felt compelled to share his opinion on the issue in light of the death of hockey player Adam Johnson who died after being cut by skate in the neck and an 11-year-old Uxbridge boy survived a serious cut to his leg during a game.It comes as an arrest on suspicious of manslaughter was made in the death of Johnson on Tuesday by South Yorkshire police, where the incident happened. The identity of the man arrested has not been released.Colaiacovo said while they’re often labelled “freak accidents,” these incidents are more common than you may think.“Lacerations are the number one source of ER visits in North America because of Ice Hockey,” Colaiacovo told CityNews.The Gibbs family experienced this last week when their 11-year-old son was taken to hospital after he was cut by a skate during a tournam...