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Stock market today: Wall Street rises to cap a winning April

Published Tue, 05 Nov 2024 08:41:17 GMT

NEW YORK (AP) — Wall Street closed out a winning April with gains Friday after more companies said their profits at the start of the year weren’t as bad as expected. The S&P 500 rose 34.13, or 0.8%, to 4,169.48. Despite some sharp swings this week, it still clinched a second straight winning month. The Dow Jones Industrial Average climbed 272.00, or 0.8%, to 34,098.16, and the Nasdaq composite gained 84.35, or 0.7%, to 12,226.58.Exxon Mobil did some of the market’s heavier lifting after it rose 1.3%. It reported stronger profit and revenue for the latest quarter than forecast. Intel gained 4% after reporting a milder loss than expected and stronger revenue for the latest quarter. Mondelez International, the food giant behind Oreo and Ritz, rose 3.9% after topping Wall Street’s estimates. It also raised its forecast for revenue and earnings over the full year. They helped to offset a 4% drop for Amazon, which weighed heavily on the market despite reporting stronger profit a...

Ritual to add consumer fee to orders placed on platform starting May 1

Published Tue, 05 Nov 2024 08:41:17 GMT

TORONTO — Ritual is going to begin charging consumers a fee for every order they place on the food pickup platform.The Toronto-based technology company says users will be charged between 15 and 99 cents for orders under $30 and $1.99 for orders above $30 starting May 1.In an email to users, Ritual says it is introducing the fees because many restaurants have resorted to marking up their menu prices on third-party ordering apps to offset costs. It says the fees will help restaurants offset their financial burdens so they can keep offering lower prices.Ritual allows restaurants to set their own prices and says customers have infrequently reported instances of price markups.The email it sent customers promised to credit users the difference for any instances where items they purchased on Ritual cost more than the price displayed at the restaurant.This report by The Canadian Press was first published April 28, 2023.The Canadian Press

Police: Shots fired during funeral service in Maywood

Published Tue, 05 Nov 2024 08:41:17 GMT

MAYWOOD, Ill. -- A family dispute ended in shots being fired during a funeral service in a Maywood church early Friday.According to the Maywood Police Department, officers responded to the Rock of Ages Baptist Church on the 1300 block of West Madison Street Friday morning on reports of a dispute. Downers Grove man charged for stealing GrubHub driver’s car, leading police on high-speed chase Upon arrival, officers attempted to defuse an argument inside of the church when an individual pulled out a gun and shot at another individual. Two people were taken into custody.No further information has been made at this time.The investigation is ongoing.Anyone with information of this incident are asked to contact the Maywood Police Department at 708-368-4131 or the anonymous tip line at 708-450-1787.

Downers Grove man charged for stealing GrubHub driver's car, leading police on high-speed chase

Published Tue, 05 Nov 2024 08:41:17 GMT

DUPAGE COUNTY, Ill. -- A Downers Grove man reportedly led police on a high-speed chase with a vehicle he stole from a GrubHub delivery driver Thursday.According to the DuPage County State's Attorney's Office, a Villa Park police officer noticed a vehicle that was reported stolen just before 3:30 p.m. Thursday, April 27. The officer parked his cruiser behind the vehicle when the driver, 25-year-old Deshun Williams, sped off.Williams allegedly entered I-290/I-88 eastbound and reached upwards of 107 mph while evading authorities. The Villa Park officer then ended the pursuit when a Chicago Police Department helicopter began tracking Williams' and the stolen vehicle. Downers Grove South High School coach arrested on child pornography charge Authorities reported that Williams then exited the expressway and, after crashing into a parked car in Cicero, fled the scene on foot and attempted to blend in with a crowd of elementary school students who were being released for the day.Authoriti...

Michael Jordan has more company in exclusive NBA group

Published Tue, 05 Nov 2024 08:41:17 GMT

NEW YORK — It looks like Michael Jordan will have some company in a very exclusive club in one of the world's biggest footwear, apparel, and sports equipment companies.On Friday, Kevin Durant confirmed that he's received a lifetime contract from Nike that will continue a partnership that began Durant's rookie year in 2007 in Seattle. The Suns forward has become just the third NBA player in Nike's history to have a lifetime contract. That's where the Bulls legend comes in since he is one of the other two to have that kind of deal with the company along with LeBron James.As he was getting ready to enter the NBA, Jordan signed a five-year, $2.5 million deal with Nike and began a partnership that transformed both over the past three decades. The "Air Jordan" brand is one of the most iconic in the world and helped to grow the six-time NBA champion and five-time MVP into one of the most popular athletes of all time.Per Centuro Global, Jordan was estimated to have made as much as $1.3 bill...

Austin police responding to SWAT call on South Lamar Boulevard

Published Tue, 05 Nov 2024 08:41:17 GMT

AUSTIN (KXAN) -- Officers from the Austin Police Department are on the scene of a SWAT call on South Lamar Boulevard near the intersection of Barton Springs Road. APD tweeted at 3:12 p.m. that officers were on the scene of the call in the 600 block of South Lamar Boulevard. Police told KXAN the call started as a theft call around 12:20 p.m., then the preliminary investigation led to a SWAT call.Police are asking the public to avoid the area. It's not clear if the scene is at a home or a business.This is a developing story. Check back for updates.

LIVE BLOG: Severe Thunderstorm Warnings in effect for Burnet, Llano, Williamson counties

Published Tue, 05 Nov 2024 08:41:17 GMT

AUSTIN (KXAN) — Severe storms are expected across much of Central Texas Friday afternoon and evening. The main concerns tonight are large hail and damaging winds. Isolated tornadoes are also possible.The Storm Prediction Center has placed most of the KXAN viewing area in a 3 out of 5 threat for severe storms, as another potent low-pressure system dives into the state.A Tornado Watch is in effect for Lampasas, Mason, Milam and San Saba counties until 8 p.m. A Severe Thunderstorm Watch is in effect for all other local counties until 9 p.m.Storms are expected to develop in the Hill Country between 4-6 p.m., move into the Austin Metro/I-35 corridor between 6-8 p.m., then impact eastern counties between 7-10 p.m. KXAN First Warning Weather forecast Weather ResourcesHow to talk to your kids about severe weatherWatches vs Warnings: Understanding how a storm is madeTraffic mapLive Central Texas radarCentral Texas rainfall totalsDownload KXAN Weather AppSign up for KXAN daily forecast news...

Animal advocates recommend spaying and neutering as kitten season continues

Published Tue, 05 Nov 2024 08:41:17 GMT

AUSTIN (KXAN) -- For several years, Taylor resident Marta Lucio has taken care of two young cats that live in her neighborhood, which she named Sarita and Anita. Several months ago, the cats started to look fatter, which Marta believed to just be due to a better diet.However, with more time, Marta saw that specifically the bellies of the cats was getting bigger. She took in the two sisters, who gave birth in her home.Anita feeds her newborns (Courtesy Mariah Lucio)Marta's granddaughter, Mariah Lucio, said that the births was a surprise to the family.Sarita inspects one of her newborns (Courtesy Mariah Lucio)"They're only a week old. So, we're still trying to figure out their personalities. They're still like, eyes are closed and everything," Mariah said. "It must be like such a big change for [Marta], like we've had dogs...but we've never had a situation like this. I think it's probably a big shock, but I can tell she loves them and she finds a lot of joy in taking care of them."Mar...

Top recruit Ron Holland decommits from Texas basketball

Published Tue, 05 Nov 2024 08:41:17 GMT

AUSTIN (KXAN) -- A day after landing major transfer Max Abmas, the Texas men's basketball team has now lost a key piece. Ron Holland, a five-star recruit in the class of 2023, has decommitted from the University of Texas.According to 247 Sports, Holland is the top player in the state of Texas and sixth-ranked in the nation. The Duncanville High School forward posted on social media announcing his decision."I want to take this time to thank head coach RT and the entire Texas coaching staff for their consideration," Holland said on the post. "I would also like to thank the Longhorn Nation for all their love and support. While this has been a difficult process, I have decided to de commit from University of Texas and re-open my recruitment. Texas will still be one of my top schools of choice."Texas head coach Rodney Terry and his staff believed it had signed two of the top-rated players in the country with AJ Johnson and Holland near the end of the 2023 season. Johnson also decommitted...

State emergency resources to be activated ahead of severe storms

Published Tue, 05 Nov 2024 08:41:17 GMT

AUSTIN (FOX 44) - Texas Governor Greg Abbott has directed the Texas Division of Emergency Management (TDEM) to activate state emergency response resources as severe storms move across the state beginning Wednesday through Friday. Gov. Abbott has also directed TDEM to increase the readiness level of the State Operations Center (SOC) to Level II (Escalated Response) to support any requests for assistance from local officials. Texas Gov. Abbott announces new initiatives to combat fentanyl crisis The National Weather Service is forecasting baseball-sized hail (approximately three inches), wind gusts of up to 75 miles per hour or greater and a threat of tornadoes reaching EF-2 strength or greater across large portions of North, Central, and East Texas.At the Governor’s direction, TDEM has activated the following state emergency response resources to support severe weather response operations:Texas A&M Engineering Extension Service (Texas A&M Task Force 1 and Texas Task Force 2)...