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Alaska judge upholds Biden administration’s approval of the massive Willow oil-drilling project

Published Wed, 12 Feb 2025 15:24:19 GMT

JUNEAU, Alaska (AP) — A federal judge on Thursday upheld the Biden administration’s approval of the Willow oil-drilling project on Alaska’s remote North Slope, a massive project that drew the ire of environmentalists who accused the president of backpedaling on his pledge to combat climate change.U.S. District Court Judge Sharon Gleason rejected calls made by a grassroots Iñupiat group and environmentalists to vacate the approval and dismissed their claims.Those groups raised concerns about planet-warming greenhouse gas emissions from Willow and argued that federal agencies failed to consider how increased emissions from the project could affect ice-reliant species such as the polar bear, Arctic ringed seals and bearded seals, which already are experiencing disruptions due to climate change.The decision can be appealed.The project, located in the federally designated National Petroleum Reserve-Alaska, has widespread political support in the state. But climate activists say allowing ...

Reeds: Q3 Earnings Snapshot

Published Wed, 12 Feb 2025 15:24:19 GMT

NORWALK, Conn. (AP) — NORWALK, Conn. (AP) — Reeds Inc. (REED) on Thursday reported a loss of $1.4 million in its third quarter.On a per-share basis, the Norwalk, Connecticut-based company said it had a loss of 34 cents.The beverage and candy company posted revenue of $11.9 million in the period.Reeds expects full-year revenue in the range of $45 million to $47 million._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on REED at https://www.zacks.com/ap/REEDSource

Iteris: Fiscal Q2 Earnings Snapshot

Published Wed, 12 Feb 2025 15:24:19 GMT

AUSTIN, Texas (AP) — AUSTIN, Texas (AP) — Iteris Inc. (ITI) on Thursday reported profit of $551,000 in its fiscal second quarter.The Austin, Texas-based company said it had net income of 1 cent per share.The vehicle detection and traffic control company posted revenue of $43.6 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 ITI at https://www.zacks.com/ap/ITISource

Green Dot: Q3 Earnings Snapshot

Published Wed, 12 Feb 2025 15:24:19 GMT

AUSTIN, Texas (AP) — AUSTIN, Texas (AP) — Green Dot Corp. (GDOT) on Thursday reported a loss of $6.3 million in its third quarter.On a per-share basis, the Austin, Texas-based company said it had a loss of 12 cents. Earnings, adjusted for one-time gains and costs, came to 14 cents per share.The results fell short of Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 20 cents per share.The bank holding company posted revenue of $353 million in the period. Its adjusted revenue was $348.6 million, which beat Street forecasts. Five analysts surveyed by Zacks expected $331.3 million.Green Dot expects full-year earnings in the range of $1.62 to $1.90 per share, with revenue in the range of $1.47 billion to $1.48 billion._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on GDOT at https://www.zacks.com/ap/GDOTS...

Stock market today: Wall Street falls after the bond market cranks up the pressure again

Published Wed, 12 Feb 2025 15:24:19 GMT

NEW YORK (AP) — Stocks fell Thursday to break one of Wall Street’s longest winning streaks in two decades after the pressure cranked higher from the bond market.The S&P 500 sank 35.43 points, or 0.8%, to 4,347.35. The Dow Jones Industrial Average dropped 220.33, or 0.6%, to 33,891.94, and the Nasdaq composite lost 128.97, or 0.9%, to 13,521.45.Stocks had been higher earlier in the day, and the S&P 500 was on track for a ninth straight gain, which would have been its longest winning streak in 19 years. But the stock market quickly sagged under the weight of rising yields in the bond market. Treasury yields rose in the morning after a report suggested the U.S. job market remains remarkably solid. They climbed further when the U.S. government announced the results of a sale of $24 billion in Treasury bonds. And then they spurted higher after Federal Reserve Chair Jerome Powell said the Fed “will not hesitate” to raise interest rates further if it feels high inflation is not ful...

Natural Alternatives: Fiscal Q1 Earnings Snapshot

Published Wed, 12 Feb 2025 15:24:19 GMT

CARLSBAD, Calif. (AP) — CARLSBAD, Calif. (AP) — Natural Alternatives International Inc. (NAII) on Thursday reported a loss of $695,000 in its fiscal first quarter.The Carlsbad, California-based company said it had a loss of 12 cents per share.The nutritional supplements manufacturer posted revenue of $34 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 NAII at https://www.zacks.com/ap/NAIISource

Oncternal Therapeutics: Q3 Earnings Snapshot

Published Wed, 12 Feb 2025 15:24:19 GMT

SAN DIEGO (AP) — SAN DIEGO (AP) — Oncternal Therapeutics, Inc. (ONCT) on Thursday reported a loss of $9.9 million in its third quarter.The San Diego-based company said it had a loss of 17 cents per share.The results missed Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for a loss of 15 cents per share.The biopharmaceutical company posted revenue of $179,000 in the period, which matched Street forecasts._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ONCT at https://www.zacks.com/ap/ONCTSource

Loveland officer arrested, accused of off-duty juvenile assault

Published Wed, 12 Feb 2025 15:24:19 GMT

DENVER (KDVR) -- Three days after firing an officer for allegedly assaulting a teen at a park while on duty, another Loveland Police officer has been arrested.Wilbert Howard, 53, was arrested at 1:57 p.m. Thursday by Fort Collins Police Services. Howard was off-duty at the time of the incident, and the Loveland Police Department stated that this incident does not have a connection to Howard's official duties as a police officer. Safe2Tell reports jump 16% to highest number ever Howard has been placed on administrative leave and an internal investigation was initiated, according to the department. Loveland Police reported that Howard has worked for the department for 17 years.According to Loveland Police, Howard faces counts of second-degree assault and child abuse along with a crime of violence sentence enhancement. Police said the Thursday, Nov. 2, incident reportedly happened at a private residence in the jurisdiction of Fort Collins Police.Fort Collins Police booked the off-du...

Rocky Mountain National Park to keep timed entry reservations for summer 2024

Published Wed, 12 Feb 2025 15:24:19 GMT

DENVER (KDVR) -- Visitors at Rocky Mountain National Park will once again need to make a timed entry reservation in the summer and fall of 2024, the park announced Thursday.It's not a new concept, as timed entry permits have been used there yearly since 2020 due to COVID concerns. Planning a trip to RMNP? You won’t need cash According to a release from RMNP, reservations in 2024 will work similarly to how they worked in 2023, with a few changes.Reservations at Rocky Mountain National Park in 2024Beginning May 24, 2024, timed entry permits, or reservations, will be required for visitors in all areas of RMNP, according to the release. There will be two permit options available.Either way, guests will make a reservation for a two-hour window and enter during that time, with no set time for departure so they can leave whenever they want.Option 1: Bear Lake Road A permit for the Bear Lake Road corridor will include access to that entire corridor as well as the rest of the park. With t...

Denver weather: Sunshine and a gradual warming trend

Published Wed, 12 Feb 2025 15:24:19 GMT

DENVER (KDVR) --  Denver's weather will stay dry and sunny through the end of the week and into the weekend. This will contribute to a gradual warming trend that will continue into next week. Weather tonight: Clear and coolThursday night, Denver will stay under a mainly clear sky. Temperatures will be slightly below normal and fall down to the mid-20s. Weather tomorrow: Sunny, seasonal Friday will be chilly but seasonal. After a low in the mid-20s, sunshine will help to boost highs back into the mid-50s. Looking ahead: Warming trend continues This weekend will bring more sunshine and keep the warming trend going. Veteran's Day will start off chilly with a low in the 20s, followed by a high near 60 degrees. Sunshine and slightly warmer temperatures continue on Sunday with a high in the low- to mid-60s. A slight warming trend will continue for the start of the workweek. Highs on Monday will reach the mid-60s, followed by highs just shy of 70 degrees Tuesday through Thursday alongsi...