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Stock market today: Tech leads more gains in on Wall Street

Published Mon, 23 Dec 2024 12:46:17 GMT

NEW YORK (AP) — Stocks rose in midday trading on Wall Street Friday, led by more gains in technology stocks as another chipmaker reported strong demand related to artificial intelligence.The S&P 500 rose 1%. The Dow Jones Industrial Average rose 267 points, or 0.8%, at 33,033 as of 11:37 a.m. Eastern and the Nasdaq rose 1.7%.Technology stocks were the doing much of the heavy lifting for the benchmark S&P 500. Marvell Technology surged 27% after the chipmaker said it expects AI revenue in fiscal 2024 to at least double from the prior year. That follows Thursday’s report from fellow chipmaker Nvidia, which gave a big forecast for upcoming sales related to AI.The revolutionary AI field has become a hot issue. Critics warn that it is a potential bubble, but supporters supporters say it could be the latest revolution to reshape the global economy. Wall Street remains focused on Washington and ongoing negotiations for a deal to lift the U.S. government’s debt ceiling and avert a p...

Dimitrov advances to first final since 2018, beats Fritz in Geneva Open semis

Published Mon, 23 Dec 2024 12:46:17 GMT

GENEVA (AP) — Grigor Dimitrov advanced to his first final on the ATP Tour in more than five years on Friday after beating Taylor Fritz 3-6, 7-5, 7-6 (2) at the Geneva Open.Dimitrov trailed by a set and 4-2 before rallying to win a semifinal for the first time since February 2018 when opponent David Goffin retired in their match at Rotterdam.The Bulgarian created his match point chance against Fritz in a stunning rally, with powerful forehands and angled drop shots from both sides of the net. The American was left slipping and seated on the clay outside the tramlines to watch Dimitrov hit a winner into the open court.The win was sealed when second-seeded Fritz sent a looping lob long as the fourth-seeded Dimitrov advanced to the net.“It was a crazy match. Honestly, very pleased with the way I fought,” Dimitrov said.He is ranked No. 33 and arrived in Geneva with a 12-9 record this season.“I came this week with a purpose and I intend to finish it up to the end,” he said. He has only on...

Judge says fire retardant drops from air are breaking law by polluting streams, but it can still be used on fires

Published Mon, 23 Dec 2024 12:46:17 GMT

BILLINGS, Mont. (AP) — Judge says fire retardant drops from air are breaking law by polluting streams, but it can still be used on fires.Source

Kelly Brough talks the Broncos' future

Published Mon, 23 Dec 2024 12:46:17 GMT

DENVER (KDVR) — The Denver Broncos spent a record $100 million this offseason to improve the fan experience at Empower Field at Mile High. That includes a new video board, a hospitality space, added concessions to the South Deck and an expansion to the team store. The team got help from an NFL loan to pay for the improvements. But it comes as the Broncos' new ownership group looks at creating a new era. Kelly Brough highlights housing affordability plan Some season ticketholders received a survey back in March about building a new stadium. The lease on Empower Field expires in 2030.Denver mayoral candidate Kelly Brough talked about the potential scenario this week on "Colorado Point of View.""I don’t think it’s the Broncos without Denver … and I don’t think it’s Denver without the Broncos,” said Brough, the president and CEO of the Denver Metro Chamber of Commerce."I’m committed to working on this issue, but I’m also committed to no backroom deals. This has to be transparent. Our ...

Man arrested after shots fired following crash in Pompano Beach

Published Mon, 23 Dec 2024 12:46:17 GMT

A gunman has been arrested after he allegedly opened fire after a collision with another vehicle in Pompano Beach. Broward Sheriff’s Office deputies, along with Pompano Beach Fire Rescue, arrived at the scene at around 12 a.m. Friday along the 2600 block of Dr. Martin Luther King Jr. Drive.7News cameras captured the damages to the victim’s car door which was smashed in and riddled with bullet holes. Lafayette Harvard who was involved in the crash recalled the aftermath.“We get hit [and] spin around a couple of times,” said Harvard. “[Then we] get out of the car [to] take a look. We see that he hit us. He says, ‘ You hit us. Somebody is going to pay.’ He went to his trunk and when I turned around to see he got a gun, I turned around and fired a couple of shots. Then he went over by our car and shot our car three times.”Harvard said the other driver then pointed and shot the gun in his direction. Surveillance footage captured what is bel...

Flood Watch issued for Miami-Dade and Broward as heavy rain returns

Published Mon, 23 Dec 2024 12:46:17 GMT

A flood watch has been issued for coastal and metro areas of Miami-Dade and Broward, signaling potential risks as slow-moving storms make their way back to South Florida.The watch, effective until 10 p.m. warns residents of heavy rain and its associated consequences.https://twitter.com/7Weather/status/1662134371636084736?s=20The National Weather Service has urged residents in the affected areas to remain vigilant and stay informed about changing weather conditions. They have advised individuals to take necessary precautions and be prepared for possible localized flooding, particularly in low-lying areas and near water bodies.https://twitter.com/NWSMiami/status/1662135674936655873South Florida’s coastal and metro areas have experienced significant challenges due to recent heavy rain events. The addition of today’s slow-moving storms heightens concerns, especially in flood-prone regions.

First-of-its-kind baby spa in Michigan aimed at helping infants and parents

Published Mon, 23 Dec 2024 12:46:17 GMT

DETROIT (WXYZ) — After a long day of sleeping, eating and yes, pooping, some babies just need a day at the spa.Oh LaLa Baby Spa is a first-of-its-kind in the State of Michigan, and we checked it out. It turns out, the seemingly affluent experience can have health benefits for parents and babies.The spa is dedicated to infants two weeks old up to 18 months old. Babies can receive hydrotherapy and a massage, but the benefits are more than skin-deep.Ola Bayram is a certified nurse and a co-founder of the spa. Her inspiration was never too far.Bayram’s 11-month-old daughter, Fatima, struggled with colic, so Bayram became a certified baby masseuse to help, and she said it worked.Now, through guided massages, she is helping other parents and babies find relief, holistically treating constipation, colic, and promoting sleep and development.“It’s wonderful for promoting sensory development and regulation of the nervous system,” Debbie Adsit, an occupational the...

German police to probe Pink Floyd star Roger Waters after he wore a satirical Nazi costume during concert

Published Mon, 23 Dec 2024 12:46:17 GMT

(CNN) — Police in Germany have launched a criminal investigation into Roger Waters, the co-founder of Pink Floyd, after he appeared dressed in a costume resembling a Nazi uniform during two concerts in Berlin last week.Waters was wearing the costume while performing in Pink Floyd’s 1979 concept album “The Wall,” in which the album’s protagonist hallucinates that he is a fascist dictator. The satirical routine has been a part of Waters’ solo shows for at least 30 years, including a famous live performance of the album in Berlin in 1990. This week appears to be the first time the German government has launched a criminal investigation following his performance, however.Berlin police spokeswoman Jennifer Bähle confirmed to CNN Friday that Waters is being investigated for suspected incitement during two concerts in the city last week, on May 17 and 18. ”We have received information from the public including pictures and videos which according to the external appearance are suitable for ...

Air travel hits new post-pandemic record

Published Mon, 23 Dec 2024 12:46:17 GMT

(CNN) — Memorial Day air travel just reached the highest level in nearly three and a half years.The Transportation Security Administration reports screening 2,658,057 passengers on Thursday, besting by only a few thousand the pandemic-era high set just last Friday. This Friday is expected to be even busier.The last time TSA reported a higher screening number was in the Thanksgiving travel period in 2019.TSA Administrator David Pekoske said at a news conference this week that the agency expects to screen 10 million passengers over the Memorial Day period.“We figure that we will see 2.6 million people on a regular basis across this holiday weekend,” Pekoske said. “From TSA’s perspective, we are ready. We have more staff on hand this year than last year which is a good thing because we have more passengers this year than we had last year.”About 10 million people are expected to travel through airports over the course of the holiday weekend, he said.Pekoske said the TSA e...

Debt limit negotiators under pressure to reach deal as risk of default grows

Published Mon, 23 Dec 2024 12:46:17 GMT

(CNN) — There are signs that negotiations over raising the nation’s debt limit are gaining momentum, but major differences remain and it’s unclear how quickly an agreement could come together. Time is running short as the risk of a first-ever default grows.For now, White House and House GOP negotiators have yet to arrive at a consensus a number of contentious issues. One of the most critical issues talks have revolved around is spending cuts, which Republicans have demanded in exchange for voting to raise the debt limit.Asked if a deal could come together Friday, House Speaker Kevin McCarthy emphasized they are working as hard as they can.“We know it’s a crunch time,” McCarthy said. “So we’re going to work just as hard, we worked through the night last night. I thought we made progress yesterday. I want to make progress again today and I want to be able to solve this problem.”GOP negotiator Patrick McHenry, a congressman from North Carolina, shrugged when asked if he ...