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Wells Fargo: Q1 Earnings Snapshot

Published Fri, 27 Dec 2024 10:36:47 GMT

SAN FRANCISCO (AP) — SAN FRANCISCO (AP) — Wells Fargo & Co. (WFC) on Friday reported first-quarter profit of $4.99 billion.The San Francisco-based bank said it had earnings of $1.23 per share.The results beat Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of $1.15 per share.The biggest U.S. mortgage lender posted revenue of $26.75 billion in the period. Its revenue net of interest expense was $20.73 billion, which also beat Street forecasts. Six analysts surveyed by Zacks expected $20.08 billion._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on WFC at https://www.zacks.com/ap/WFCSource

Denver weather: Rain and snow Friday, nicer by Sunday

Published Fri, 27 Dec 2024 10:36:47 GMT

DENVER (KDVR) -- Rain and snow showers are expected throughout the day along the Front Range with cooler temperatures. Winter Weather Advisories are in effect for the foothills and high country until Saturday morning. When could Denver see its final snow of the season? Weather today: Spotty rain and snow showersRain and snow have moved into the mountains and will slide through the Front Range throughout the day. The best place to see accumulations will be at higher elevations where temperatures haven't been in the 80s, like in the metro. Highs today will be cool in the middle 40s.Weather tonight: Light snow lingersTemperatures will dip just below freezing tonight with cloudy skies. Light snow is possible overnight with little to no accumulation in the metro area. Winds will also slow briefly tonight.Looking ahead: End of weekend warmingSnow chances are possible early on Saturday morning with cloudy skies sticking around through the afternoon. Highs Saturday top out in the low 50s ...

Firefighters extinguish yacht blaze in Fort Lauderdale marina

Published Fri, 27 Dec 2024 10:36:47 GMT

A 40-foot yacht caught fire at Safe Harbor Marina, located at 2029 S.W. 20th St. in Fort Lauderdale. Firefighters were called to the scene to combat the blaze.According to reports, the yacht was fully engulfed in flames and video footage showed the aftermath as the charred vessel appeared to have burn marks on the sides.The fire prompted multiple fire units to respond to the scene. Firefighters established a water supply and pulled a line to attack the flames.Despite the chaos, there have been no reports of injuries at this time. The cause of the fire is currently unknown and an investigation is underway.

Celine Dion announces new music amid her health battle

Published Fri, 27 Dec 2024 10:36:47 GMT

(CNN) — After announcing in December that she has a rare neurological disorder that affects her singing, Celine Dion is debuting new music.On Thursday, a post on the singer’s legacy verified Instagram account shared the news that Dion’s single, “Love Again,” is now out.It’s the title track to the forthcoming film of the same name starring Priyanka Chopra Jonas and Sam Heughan.“Mark your calendars, on May 5, the movie hits theatres and on May 12, the full album, featuring 5 new Celine songs, will be available,” the caption on the video reads.The lyric video features scenes from the movie in which Dion makes her film acting debut.She revealed just months ago that she is living with stiff-person syndrome, which affects “something like one in a million people,” Dion said at the time.“While we’re still learning about this rare condition, we now know this is what’s been causing all of th...

FBI arrests 21-year-old Air Force guardsman in Pentagon leak case

Published Fri, 27 Dec 2024 10:36:47 GMT

(CNN) — A member of the Massachusetts Air National Guard was arrested by the FBI on Thursday in connection with the leaking of classified documents that have been posted online, Attorney General Merrick Garland announced Thursday.The arrest of Jack Teixeira, 21, comes following a fast-moving search by the US government for the identity of the leaker who posted classified documents to a social media platform popular with video gamers.Teixeira was arrested in Massachusetts without incident, Garland said, and will be arraigned in federal court there. “This investigation is ongoing. We will share more information at the appropriate time,” the attorney general said, declining to answer questions.Teixeira will first appear in court on Friday in Boston, according to the US attorney’s office there.The FBI said in a statement that it took Teixeira into custody “at a residence in North Dighton, Massachusetts, for his alleged involvement in lea...

Cash App founder Bob Lee knew the suspect in his stabbing death, police say

Published Fri, 27 Dec 2024 10:36:47 GMT

(CNN) — San Francisco Police have arrested Nima Momeni in connection to the murder of Cash App founder Bob Lee, San Francisco Police Chief Bill Scott said during a news conference on Thursday.Scott described Momeni as a 38-year-old man from Emeryville, California. Scott said Momeni and Lee knew one another, but he didn’t provide further details about their connection.California Secretary of State Records indicate that Momeni has been the owner of an IT business, which, according to its website, provides services like technical support.Momeni was taken into custody without incident, according to Scott, and taken to the San Francisco County jail where he was booked on one charge of murder.Lee was stabbed to death in the Rincon Hill neighborhood of San Francisco early in the morning of April 4th. The moments following the stabbing attack were captured on surveillance video and in a 911 call to authorities, according to a local Bay Area news portal.The su...

Louisville gunman’s brain to be studied for CTE, father says

Published Fri, 27 Dec 2024 10:36:47 GMT

(CNN) — The family of Connor Sturgeon — who was killed after he fatally shot five people Monday morning at the Old National Bank in Louisville, Kentucky — plans to have his brain tested for chronic traumatic encephalopathy, commonly known as CTE, his father and a spokesperson for the family told CNN on Thursday.“Yes, Connor is being tested for CTE. Probably will take a while to get results,” Todd Sturgeon, Connor Sturgeon’s father, texted to CNN.Pete Palmer, a family friend who is speaking for the Sturgeons, said the family and the state medical examiner are looking to have Connor Sturgeon’s brain tested.The medical examiner’s office has completed most of its tests, and the process of testing for CTE will now begin, Palmer said.CNN has reached out to the Kentucky state medical examiner for further information.CTE, a neurodegenerative brain disease, can be found in people who have been exposed to repeated head trauma...

4th person arrested in Martha’s Vineyard bank robbery, additional charges filed

Published Fri, 27 Dec 2024 10:36:47 GMT

A fourth person has been arrested and additional charges have been filed in connection with a bank robbery on Martha’s Vineyard in November, according to U.S. Attorney Rachael Rollins. Tevin Porter, 27, of Bridgeport and Miquel A. Jones, 31, of Edgartown, who was first charged in December, are both charged with one count each of conspiracy to commit armed bank robbery, armed bank robbery, and aiding and abetting, Rollins said. Romane Andre Clayton, 21, of Jamaica, was also charged in the superseding indictment with one count each of bank robbery and aiding and abetting. Jones and Clayton will appear in federal court in Boston at a later date. Following an initial appearance Thursday in federal court in Connecticut, Porter was detained pending a 11:30 a.m. hearing on FridayJones, along with co-conspiritor Omar Odion Johnson, were previously arrested and charged by the U.S. Attorney’s Office in Boston on Dec. 1. Jones and Johnson remain in state custody on related charges.“These defen...

How the Chicago Bulls match up with the Miami Heat in tonight’s NBA play-in game

Published Fri, 27 Dec 2024 10:36:47 GMT

The Chicago Bulls have one final chance to punch their ticket to the NBA playoffs in the play-in tournament Friday against the Miami Heat.The Bulls became the first No. 10 seed to advance in the play-in after beating the Raptors 109-105 on Wednesday in Toronto.The Bulls-Heat winner will be the No. 8 seed in the Eastern Conference and face the top-seeded Milwaukee Bucks in the first round. Here’s what to look for in the matchup against the Heat in Miami.The Bulls swept the season seriesThe Bulls have the momentum.They are fresh off a galvanizing win in Toronto, a 19-point comeback fueled by massive performances from Zach LaVine (39 points) and DeMar DeRozan (23). The Heat, in contrast, imploded in a 121-113 loss to the Atlanta Hawks as stars Jimmy Butler and Bam Adebayo struggled.The Bulls also have plenty of reason to feel confident after sweeping the season series 3-0. The Bulls won those games by an average of 10.7 points.Oct. 19 in Miami: Bulls 116-108Dec. 20 in Miami: Bull...

The Rays are real and may not be going away anytime soon

Published Fri, 27 Dec 2024 10:36:47 GMT

The Rays and their $74 million payroll are off to a ridiculous 13-0 start, annihilating every opponent in their path with 10 of their wins being decided by four or more runs. It’s an auspicious start, and one underpinned by more than simple good fortune over a handful of games. The Rays, Yankee fans may be troubled to learn, are both the real deal this season and poised to commit these types of atrocities to the AL East for some years to come.For a start, the Rays were already pretty good. Kevin Cash’s club managed 86 wins and snuck in as the third Wild Card before losing to the Cleveland Guardians — despite missing arguably their two biggest offensive contributors for the majority of last season.Highly-touted shortstop Wander Franco played just 83 games due to a broken hamate bone/hamstring injuries while Brandon Lowe — who slugged 39 homers in 2021 — appeared in just 65 games due to a stress reaction in his lower back.Now their No. 2 and 4 hitters are...