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    THE Prime Minister will speak from Downing Street alongside Chief Medical Officer Chris Whitty and Chief Scientific Officer Sir Patrick Vallance today. Here's when to catch the broadcast. 1Boris Johnson will speak to the public later todayCredit: AFP What time is Boris Johnson's press conference today? Boris Johnson is to hold a Number 10 press conference at 5pm today, after cases of the Omicron Covid-19 variant were confirmed in the UK. The two cases of the "variant of concern" were detected in Nottingham and in Essex. The individuals and all members of their households have been ordered to self-isolate after one case was detected in Chelmsford, Essex, and the other in Nottingham. Both cases are believed to be connected and there is a link to southern Africa. What is the prime minister expected to say? Boris Johnson is expected to set out further Covid-19 measures during the Downing Street conference. It's been predicted that he will slap four more countries on the travel ban list in a desperate bid to avoid a fresh lockdown this Christmas amid Omicron variant chaos. That...
    In this article LOW HD A customer partially wearing a mask at a store in Reston, Virginia, on Thursday, May 21, 2020.Andrew Harrer | Bloomberg via Getty ImagesHome Depot is expected to report its fiscal third-quarter earnings before the bell Tuesday. Here's what analysts surveyed by Refinitiv are expecting: Earnings per share: $3.40 expected Revenue: $35.01 billion expected The home improvement retailer reported soaring sales a year ago as the pandemic fueled more do-it-yourself projects. But Wall Street is expecting more muted results this quarter, predicting that the boom in home projects is fading. Analysts are forecasting same-store sales growth of just 2.2%, according to StreetAccount estimates. Still, a strong housing market has helped Home Depot and rival Lowe's. Demand has been rising from home professionals, helping to offset lower demand from do-it-yourself projects. Like other retailers, Home Depot faced a number of headwinds during the quarter, including the surge of new Covid-19 cases due to the delta variant, supply chain issues and a labor crunch. Investors will be watching closely to see if the company can...
    NEW YORK (CBSNewYork) — President Joe Biden will sign into law a bipartisan $1.2 trillion infrastructure package Monday. The deal passed earlier this month, but the president has been waiting for Congress to return from recess to sign it. READ MORE: Person Struck By Train At Grand Central TerminalAmong the many things it will do, it will help pay for more train tracks between Newark and Penn Station. “We know what it will mean. It will create millions of new jobs, it’ll grow the economy and we’ll win the world economic competition,” Biden said Friday. The president met with his Cabinet on Friday to discuss the implementation, talking to them about policing the coming investments. “The high obligation and responsibility we all have to make sure this money is used wisely, used well, and used for the stated purposes for the American people,” he said. Biden has treated infrastructure as proof the government can function again. The bill includes money for roads, bridges, safe water and broadband. READ MORE: NYPD: Officer Struck By Car During Attempted Traffic Stop In QueensLocally,...
    WHAT WE KNOW – First accumulating snow for northern Minnesota is expected later this week, possibly Thursday – Soaking rain for most of Minnesota beginning Wednesday afternoon – Strong winds for all of Minnesota, wintry weather impacts on Friday morning – Much colder weekend to follow, with the possibility of widespread snow from an Alberta clipper system WHAT WE DON’T KNOW – How much snow will accumulate up north – When the flakes will first start falling – Where exactly the Alberta clipper system will hit MINNEAPOLIS (WCCO) — Temperatures in the Twin Cities will be cooler Wednesday, but still mild, and steady precipitation is on the way. WCCO Chief Meteorologist Chris Shaffer says a storm system is on track to enter Minnesota Wednesday afternoon, drenching much of the state with steady rainfall through the day. The system is expected to hit the Twin Cities in the early evening, with rain continuing into Thursday morning. On the back side of the system will be a blanket of cold air, which looks to settle over parts of northern Minnesota,...
    A WOMAN has revealed her struggle with motherhood and admits she's considering "giving up" her son for good. Now with a two-year-old toddler, the desperate mum said she'd thought she'd "have it together" by now but feels that she no longer loves her son. 1The mum said she's considering giving up her sonCredit: Getty Sharing her thoughts on Mumsnet, the woman explained that she thought she'd be a "picture-perfect mum." But two years on, she's "so far from that" and she's "not enjoying life right now." "I’m starting to even question if I love my son, because surely a mother that loves her children does not feel like this towards them," she wrote. FABULOUS BINGO: GET A £5 FREE BONUS WITH NO DEPOSIT REQUIRED "My days feel stressful and rushed. Nothing seems calm and I feel like I’m just not enjoying my life right now." She explained that she works four days a week and barely has time for herself. What's more, her son still doesn't sleep through the which means she gets three, sometimes...
    Kansas lawmaker charged with battery, mental exam ordered Robert Durst charged with murder in 1982 disappearance of his wife, Kathie, in New York The market expects WhiteHorse Finance (WHF) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended September 2021. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates. Load Error The earnings report might help the stock move higher if these key numbers are better than expectations. On the other hand, if they miss, the stock may move lower. While the sustainability of the immediate price change and future earnings expectations will mostly depend on management's discussion of business conditions on the earnings call, it's worth handicapping the probability of a positive EPS surprise. Zacks Consensus Estimate This lender to small companies is expected to post quarterly earnings of $0.38 per share in its upcoming report, which represents a year-over-year change of +31%. Revenues are...
    In this article SBUXStarbucks shift supervisor Adan Miranda wears a face mask as he serves a drink to a customer while standing behind a plexiglass shield in a booth outside the store in Sacramento, Calif., Thursday, May 21, 2020.Rich Pedroncelli | APStarbucks is expected to report its fiscal fourth-quarter earnings after the bell Thursday. Here's what Wall Street analysts surveyed by Refinitiv are expecting: Earnings per share: 99 cents expected Revenue: $8.21 billion expected Analysts surveyed by StreetAccount expect Starbucks' same-store sales will rise 18.3%, but the primary focus will be on the global coffee chain's largest two markets. In the United States, the delta variant and its fallout, like the delays in the return to offices, could have resulted in weaker demand for Starbucks' coffee drinks. In China, the company's second-biggest market, the focus will be the country's recovery. Starbucks warned last quarter that it was going slower than anticipated, and resurgences of Covid-19 likely didn't help. Investors will also want to know how Starbucks is handling staffing, inflation and supply chain challenges, which have...
    LOS ANGELES (CBSLA) — A Pacific storm system currently over northern California is expected to move south into Southern California overnight and into Monday. The storm is expected to bring widespread heavy to modern rain, strong winds, dangerous seas and high surf. READ MORE: 'Supercharge' Storm Expected To Bring Heavy Rainfall To SouthlandThe main cold front will push through the Central coast late Sunday and into Santa Barbara County early Monday and then continue to LA and Ventura County by late morning and early afternoon. The front will continue into O.C. and the I.E. through the afternoon and into early evening hours. Rain activity will taper off in the evening. WATCH IN EFFECT: • Flash Flood Watch: Issued for Santa Barbara County from 6 a.m. – noon Monday. This means that moderate to heavy rain is expected in or around the Alisal burn are with peak rainfall rates .30-.60″ per hour. Significant mud and debris flows will be possible, spurring evacuation orders in the area. Click here for more. READ MORE: Probe Underway After Man Is Fatally Shot In ComptonADVISORY...
    In this article CMGA customer carries a Chipotle Mexican Grill Inc. bag outside a restaurant in San Francisco, California, U.S., on Monday, July 20, 2020.David Paul Morris | Bloomberg | Getty ImagesChipotle Mexican Grill is expected to report its third-quarter earnings after the bell Thursday. Here's what Wall Street analysts surveyed by Refinitiv are expecting: Earnings per share: $6.32 expected Revenue: $1.94 billion expected The burrito chain has bounced back relatively quickly from the pandemic, in part due to the strength of its online sales. Wall Street is expecting the company to report same-store sales growth of 14%, according to StreetAccount estimates. The company forecast same-store sales growth in the low-to-mid double digits. A year ago, Chipotle's same-store sales climbed 8.3%. The limited-time addition of smoked brisket to the menu likely helped sales, although the delta variant may have kept some customers at home. Last quarter, executives said that dine-in customers were returning, but those consumers might have switched back to takeout and delivery as new Covid-19 cases rose in parts of the country. Investors will also be...
    In this article PGBottles of Tide detergent, a Procter & Gamble product, are displayed for sale in a pharmacy on July 30, 2020 in Los Angeles, California.Mario Tama | Getty ImagesProcter & Gamble is expected to report fiscal first-quarter earnings before the bell Tuesday. Here's what analysts surveyed by Refinitiv are expecting: Earnings per share: $1.59 expected Revenue: $19.91 billion expected Investors will be focusing on how P&G is handling higher costs and supply chain challenges. This is the first quarter that the company will start to see the impact of price hikes on some of its products, like Pampers diapers, to fight higher commodity and transportation costs. Last quarter, the company said it was expecting inflation to hit its fiscal 2022 earnings by roughly $1.9 billion. Snarls in the supply chain are also weighing on the broader consumer packaged goods industry, but analysts express confidence that P&G's size can help it weather any problems. However, analysts are forecasting that P&G will keep a conservative outlook for fiscal 2022 because of uncertainty created by the supply chain issues...
    NETFLIX'S You first premiered back in 2018 and was immediately an instant hit among subscribers. Season 3 is just days away but fans already want to know everything there is to know about season four. 2Season 3 of You will premiere on October 15, 2021Credit: Netflix What is the You season 4 release date? It was announced on October 13, 2021, ahead of the season premier, that You was renewed for a fourth season. While it has been confirmed, a release date has yet to be revealed but is expected in the coming months. The season is set to be produced by Berlanti Productions, and Alloy Entertainment in association with Warner Bros. Television according to Deadline. “Reading Caroline’s novel, Greg and I were instantly obsessed with Joe Goldberg and his twisted world view. And it’s been thrilling to watch Penn bring Joe to creepy yet compelling life. We’re deeply grateful that Netflix has shown You such monumental support, and that people around the world have enjoyed watching Joe really get it all very wrong over the past...
    It's around Columbus Day weekend that the weather traditionally becomes brisk as the fall season gets into full swing. That scenario is certainly unfolding in the Rockies as the first major snowstorm of the season is expected to bring blizzard-like conditions through midweek. But it's a far different story in this region. That's because we've been off to an exceptionally warm start to October.  "Models indicate no end in sight for the foreseeable future as this anomalously warm regime is expected to continue through mid-month," the National Weather Service said. In fact, from Columbus Day on Monday, Oct. 11 through the week's end on Saturday, Oct. 16, the high temperature is expected to be 70 degrees more each day. Following a dreary day on Sunday, Oct. 10, sunshine will gradually start to peek through clouds on Columbus Day. The high temperature will be right around 70 degrees. Tuesday, Oct. 12 will be partly sunny with a high temperature again around 70 degrees. Skies will become mostly sunny on Wednesday, Oct. 13, with the temperature creeping up a few degrees as a...
    It's around Columbus Day weekend that the weather traditionally becomes brisk as the fall season gets into full swing. That scenario is certainly unfolding in the Rockies as the first major snowstorm of the season is expected to bring blizzard-like conditions through midweek. But it's a far different story in this region. That's because we've been off to an exceptionally warm start to October.  "Models indicate no end in sight for the foreseeable future as this anomalously warm regime is expected to continue through mid-month," the National Weather Service said. In fact, from Columbus Day on Monday, Oct. 11 through week's end on Saturday, Oct. 16, the high temperature is expected to be 70 degrees more each day. Following a dreary day on Sunday, Oct. 10, sunshine will gradually start to peek through clouds on Columbus Day. The high temperature will be right around 70 degrees. Tuesday, Oct. 12 will be partly sunny with a high temperature again around 70 degrees. Skies will become mostly sunny on Wednesday, Oct. 13, with the temperature creeping up a few degrees as a result,...
    SIR Keir Starmer is gearing up to deliver his first in-person speech to a full Labour Party conference. He is expected to vow to make Labour get real about winning elections and woo back the Red Wall. 2Leader of the Labour Party Keir Starmer during the party conference in Brighton, East SussexCredit: Rex What time is Keir Starmer’s speech at the Labour Party conference? Sir Keir Starmer is expected to deliver his first in-person Labour Party conference speech at midday on September 29, 2021. He will be speaking to party members during the five-day event in Brighton, East Sussex. What is Keir Starmer expected to say? The Labour leader, 59, is expected to tear up the party's 2019 manifesto, promising to "never again" go into an election without a serious plan. A Labour source said: "Keir’s speech will be noticeably different from what you’ve heard from Labour in recent years. "It will be more optimistic, more focused on the future, more outward looking. "The speech will be a demonstration of the way the Labour Party has changed....
    (Photo: EFE / Orlando Barria) Hurricane Sam Strengthened more than expected and is already progressing as an event Type four on the Sapphire-Simpson scaleThe maximum wind speed is 233 kilometers per hour. The system is located closer and closer Less Antilles. Throughout the week, Central American officials feared hurricane water would enter Caribbean Sea. However, as the days go by, a more accurate trend forecast is drawn and it seems that Sam will not be traveling on the waters of the region. As of Sunday, September 26, its vortex will stop moving towards the Caribbean and begin moving northwest. Predictions of National Hurricane Center (NHC) estimates that it will move all the time through the water going northwest, passing a short distance Puerto Rico, Haiti and Cuba, they will not realize the consequences. If the plan is fulfilled, Sam will continue his path in the direction, across the Atlantic Bermuda Islands (Located in the heights of the Carolinas of the United States). It does not represent a danger to eastern Mexico, however, be aware of reports issued by state...
    TROPICAL storm Peter formed over the Atlantic Ocean east of the Caribbean on Sunday, September 19, 2021. Forecasters predict the 16th storm of the 2021 Atlantic hurricane season, located 630 miles northeast of the Leeward Islands is expected to weaken over the next few days. 1Storm Peter is expected to weaken over the next few daysCredit: National Oceanic and Atmospheric Administration What is Tropical Storm Peter's projected path? According to the U.S. National Hurricane Center, up to three inches of rainfall around the periphery of the storm could lead to "areas of urban and small stream flooding" in Puerto Rico, the Virgin Islands and northern Leeward Islands through Tuesday. The storm's winds have been recorded to be near 50 mph, with higher gusts. The storm is expected to pass north of the Leeward Islands early this week and gradually weaken over the next few days. There are no coastal watches or warnings in effect What has the NOAA said about Tropical Storm Peter? The National Oceanic and Atmospheric Administration (NOAA) said in an update: "Peter is moving toward the...
    Europe is facing an energy crunch caused by surging wholesale prices for natural gas, raising the prospects of higher utility bills for customers and forcing some manufacturers to halt operations. A complex brew of forces is causing the European gas market’s unprecedented surge, creating a “perfect storm” of higher than expected demand and low supply. ILLINOIS LEGISLATURE SAVES AT-RISK NUCLEAR PLANTS WITH CLEAN ENERGY BILL "We have never seen prices like this,” said Ira Joseph, the global head of generating fuels and electricity pricing at S&P Global. “We expected some sort of recovery after COVID because prices were so extremely low last year, but this is really extreme stuff." Global demand is up as economies open from the coronavirus pandemic, while a cold snap that occurred in the latter part of winter this year drained storage levels below normal levels, meaning there is little spare capacity. There are other factors at play. Stronger demand for liquefied natural gas exports in more competitive Asian markets has diverted cargoes away from Europe. Europe has also experienced unusually calm weather in recent...
    New York (CNN Business)It's been a wobbly week on Wall Street and CNN Business' Fear and Greed Index is flashing "Fear."The stock market is in a weird place. It's fallen in seven of the past nine sessions as fear about the pandemic has gripped Wall Street. The Fear & Greed Index is sitting at 39: right in the middle of "fear" territory. Friday might be another day of losses, as the three major indexes opened lower. The Dow slipped 0.2%, or 51 points, while the S&P 500 and the Nasdaq Composite also both fell 0.2%.Yet stocks are near record highs. The S&P sat just a bit more than 1% below its all-time peak at Thursday's close.So what's going on? Read MoreInvestors are in a holding pattern. Many expected the Federal Reserve to be ready to announce a rollback of its emergency stimulus next week. But after a disappointing August jobs report, that seems less likely. The Fed's two mandates are price stability and maximum employment. And with the shortfall in job growth last month, the latter just isn't a given...
    A MUM was left mortified after calling the police on a bloke she thought was causally carrying a dead body around in the boot of his car. Turns out the dead body wasn't quite what she expected, with the red-faced woman joking you can never be too careful as she shared the funny incident online. 2A mum was left mortified after calling the police on a bloke she spotted at the petrol station with a 'dead body' in his carCredit: Getty Posting on Facebook, the mum asked fellow parents what "crazy things" had happened to them, as she confessed to landing one man in trouble after noticing the unusual contents in his boot. She explained that she had been filling up her car with petrol when a man in the car in front of her opened his boot. "I look and then double take and look again. I get a real uneasy feeling. I get my daughter to take a picture as very concerned but she's asking questions and the boot is now closed and I say...
    THOMAS Lane, is one of four men who were indicted back in May 2020 in connection with the murder of George Floyd. Lane was later charged with aiding and abetting along with both second-degree murder and manslaughter. 2 Thomas Lane was charged with aiding and abetting second-degree murder in the death of George Floyd Who is Thomas Lane and what was his role in George Floyd’s death? Thomas Lane joined the department in February of 2019. He previously worked as a correctional officer at the Hennepin County juvenile jail and as a probation officer at a residential treatment facility for adolescent boys. In the video of the death of George Floyd, Lane can be seen holding Floyd's feet to the ground while officer Derek Chauvin has his knee pinning Floyd to the floor for nine minutes. A distressed Floyd can be seen struggling with officers minutes before his tragic death, saying, "I can't breathe." Officer Lane can then be heard asking Chauvin whether Floyd should be rolled on his side. When is Lane's trial? Ex-cops Lane, J. Kueng and Tou...
    BORIS Johnson will hold a major press conference TOMORROW to unveil the country's Covid winter plans. The Prime Minister is gearing up for his winter plan announcement where he will rip up "draconian" Covid powers. 1Boris will unveil the Covid winter plan at a press conference TOMORROWCredit: Rex Boris will unveil his Winter Plan to avoid a Christmas lockdown tomorrow — with booster jabs for the over-50s at its core. He is expected to repeal the limits on gatherings and events and the powers which shut down swathes of the economy since last March. The red tape roll-back is part of a master plan from the PM, who is desperate to avoid any further lockdowns. The Sun can reveal third doses are to be rolled out in a similar way to the first vaccine drive, starting with the most elderly and vulnerable. As the vaccines are taken up they will then be offered to younger and younger age groups. The PM is pinning his hopes on avoiding widespread disruption this winter with top-up jabs and a massive flu shot blitz backed by a giant ad campaign urging...
    BORIS Johnson will hold a major press conference next week to unveil his Covid winter plan for the country. The Prime Minister is expected to tell the public how the booster jab programme will roll out as we prepare to tackle coronavirus over the coming months. 1The PM will unveil the winter plans in a major press conference next weekCredit: PA With the PM reluctant to put the country into another lockdown, here's everything he is expected to announce next week. Boris is expected to say that vaccines will continue to be the first line of defence over the autumn and winter - a high-risk time for Covid as other respiratory illnesses circulate. The independent Joint Committee on Vaccinations and Immunisation is also poised to recommend details of a jab booster programme next week so that Brits are protected in the coming months. Those who are vulnerable may receive their boosters as early as this month. Several other countries - including the US, Israel, Hungary, Germany and France - have announced or have already started third dose programmes...
    Fanatics Founder/Executive Chairman Michael Rubin attends Fanatics Super Bowl Party at College Football Hall of Fame on February 2, 2019 in Atlanta, Georgia.Mike Coppola | Getty Images Sports merchandising company Fanatics shocked the sports world last month after it secured trading card rights for Major League Baseball, the National Football League and the National Basketball Association. Most notably, Fanatics' deal with MLB terminated the league's decades-long partnership with Topps and possibly caused the end of Topps' plans to go public through a SPAC with Mudrick Capital Acquisition Corp. II. It also sent Topps owner and former Disney CEO Michael Eisner back to the drawing board to contemplate the next move — if there is one. Panini, which had the NFL trading card license since 2016 and the NBA license since 2009, will also lose rights to Fanatics. The string of deals highlights how Fanatics, under CEO Michael Rubin, plans to expand beyond sportswear and into collectibles, sports betting and even broadcasting games. It's already attracted big-name investors such as Jay-Z to go along with its $18 billion private valuation ahead...
    (CNN)It usually takes several days or even a week for a tropical storm to grow into a powerful hurricane. But if conditions are just right, a major hurricane can develop in just hours.The process, known as "rapid intensification," is expected to be seen with Hurricane Ida on Saturday afternoon into the evening, meteorologists say. As of 11 a.m. ET Saturday, Ida remained a Category 1 storm with maximum sustained winds of 85 mph, according to the National Hurricane Center. But the storm's wind field is expanding over the warm waters of the Gulf of Mexico and it's expected to begin rapidly intensifying soon, according to the NHC.Gulf Coast braces for Sunday arrival of Hurricane Ida, potentially a Category 4 storm"Rapid strengthening is forecast during the next 24 to 36 hours and Ida is expected to be an extremely dangerous major hurricane when it approaches the northern Gulf Coast on Sunday," the NHC said.The updated forecast track from the hurricane center has the storm still strengthening into a Category 4 hurricane by Sunday, then making landfall on the central Louisiana coast...
    TYRON WOODLEY takes on Jake Paul this weekend in what is expected to be his most lucrative fight. The former UFC welterweight champion will make his professional boxing debut against Paul, who is 3-0, in a huge fight in Cleveland. 3Tyron Woodley will face Jake Paul in his biggest fight to dateCredit: Getty Woodley has tonnes of combat sports experience but Paul has proved himself to be more than competent in the squared circle. The pair will come to blows on Sunday in a massive event which is available to watch on BT Sport Box Office in the UK. What is Tyron Woodley's net worth? Tyron Woodley has been an MMA star since making his professional debut back in 2009. The 39-year-old then moved over to MMA promotion strike force, where he impressed and landed himself a contract with the UFC. And it was under president Dana White's banner where Woodley made his name, winning the welterweight title in 2016. Woodley then had big fights with Stephen Thompson, Damian Maia and Darren Till, before losing four...
    Days before his resignation takes effect, New York Gov. Andrew Cuomo officially filed his retirement papers to receive a $50,000 annual lifetime pension, despite being found complicit by the Attorney General’s Office of sexually harassing at least 11 women. “The governor just filed his application for service retirement. The date of retirement is Sept. 1, 2021,” a spokesperson for the state comptroller’s office said this week. Under current state law, neither resignation nor impeachment for Cuomo’s alleged sexual harassment would bar the governor from receiving his lifetime pension. Only a felony conviction would force him to forfeit the cash. Cuomo announced his resignation on Tuesday, Aug. 10, effective 14 days later, when his Lt. Gov. Kathy Hochul will officially take over. His pension comes after accumulating 15 years in state service, 11 as governor, and four as the Attorney General. The retirement is official as of Wednesday, Sept. 1. Cuomo, now 63 years old, could net more than $1 million over the course of the next 20 years under the pension plan, an average of about $50,000 per year.
    THE Biden administration has approved the largest permanent increase to food stamp benefits in the program's history, giving 42 million Americans more money to buy groceries. Average benefits are set to go up by $36 from a pre-pandemic average of $121, or about 25 percent, according to Bloomberg. 3Biden is expected to announce the changes to the scheme on MondayCredit: AP 3It will benefit 42 million AmericansCredit: Corbis Biden is expected to announce the news on Monday and the measure will take effect from October, a source speaking on the grounds of anonymity told the outlet. The change does not require Congressional approval and will pertain to all of the more than 42 million Americans who currently receive the benefits. CHANGES TO COST $20B In 2018, Congress passed a law ordering a review of the scheme, which Biden asked the Department of Agriculture to accelerate upon taking office, the New York Times reported. According to the outlet, the weekly cost of this plan will jump from $159 to $193 for a family of four. Around 75 percent of food stamp...
    On Friday morning, Tropical Depression Fred was located near the north-central coast of Cuba.  In a Facebook post, the National Hurricane Center (NHC) wrote that the storm was located around 315 miles east-southeast of Key West, Florida and moving west-northwest near 10 mph.  TROPICAL DEPRESSION FRED: FLORIDA EMERGENCY MANAGEMENT PREPARES AS STORM NEARS This general motion is expected to continue later Friday and Saturday. On its forecast track, Fred is expected to move along northeastern and central Cuba through Friday evening, near the Florida Keys on Saturday and move close to the west coast of Florida on Sunday. Fred's maximum sustained winds are near 35 mph with higher gusts, though strengthening is expected to take place over the next couple of days and the agency said Fred could become a tropical storm again later on Friday. A tropical storm warning is in effect for the Florida Keys west of Ocean Reef to the Dry Tortugas and Florida Bay, and a tropical storm watch is in effect for the southwest coast of Florida from Englewood south and east to Ocean Reef...
    In this article GMGeneral Motors Co. Chevrolet Traverse sports utility vehicles (SUV) sit on the assembly line at the company's Lansing Delta Township Assembly Plant in Lansing, Michigan, on Friday, Feb. 21, 2020.Jeff Kowalsky | Bloomberg | Getty ImagesGeneral Motors is set to report its second-quarter earnings Wednesday morning. Here's what Wall Street is expecting, based on average analysts' estimates compiled by Refinitiv. Adjusted EPS: $2.23 Revenue: $30.9 billion Those results would be a record for the automaker in the second-quarter, topping its adjusted earnings before interest and taxes of $3.9 billion, or $1.86 a share, in 2016. GM has been weathering challenges from a global shortage of semiconductor chips, which has caused factory shutdowns and is expected to shave billions off the industry's earnings in 2021. In June, GM projected better-than-expected results in the second quarter despite the industrywide impact of the shortage, which also is causing record vehicle pricing and profits. GM on Tuesday confirmed its three North American full-size pickup truck assembly plants will be shut down next week due to the shortage. The company said...
    Traders on the floor of the New York Stock Exchange, June 25, 2021.Source: NYSE Friday's jobs report could be a catalyst that helps determine whether markets are volatile or will trade like it's the quiet dog days of August. More than a quarter of the S&P 500 report earnings in the coming week. The calendar includes companies in sectors such as consumer staples, insurance, pharma, travel and media. From Booking Holdings to ViacomCBS, Wayfair, and Kellogg, investors will be watching to see what companies say about reopening activity, supply chain disruptions and rising costs. "I think as much as 85% of the companies which are reporting earnings mentioned inflation on their earnings calls," said Sonal Desai, chief investment officer of Franklin Templeton Fixed Income. "Inflation may not be a problem to policymakers and financial markets, which seem not to be concerned at all. It does seem to bother the people who have to buy stuff or people who produce stuff."The jobs factorThe Federal Reserve has said the sharp jump in inflation is just temporary, and many investors appear to be...
    A worker hoists a flight chain at the Calder Brothers' facility in Taylors, South Carolina, U.S., July 19, 2021.Brandon Granger | Calder Brothers Corporation | Reuters The U.S. economy is now larger than it was before the pandemic, but its growth rate may have peaked this year at a much slower pace than expected. That doesn't mean the second half of the year won't be strong or the recovery will be derailed. The question is how strong growth can be, with a number of factors that can impact it, including the delta variant of the coronavirus. Gross domestic product accelerated at a 6.5% annualized rate in the second quarter, slightly better than the revised 6.3% gain in the first quarter. But it was well below the 8.4% expected by economists, and far less than their earlier forecasts that growth in this year's peak quarter would be 10% or higher. GDP is the measure of all goods and services produced in the April to June period. According to the Commerce Department, the quarterly GDP level rose to $19.4 trillion in the...
    In this article MCDPeople wear protective face masks outside McDonald's in Union Square as the city continues Phase 4 of re-opening following restrictions imposed to slow the spread of coronavirus on July 30, 2020 in New York City.Noam Galai | Getty ImagesMcDonald's is expected to report its third-quarter results before the bell on Wednesday. Here's what Wall Street analysts surveyed by Refinitiv are expecting: Earnings per share: $2.11 expected Revenue: $5.6 billion expected The fast-food giant has seen a swift recovery at its U.S. business, but its international markets have taken longer to recover, dragged down by new rounds of restrictions and lockdowns. Last quarter, the company said its U.S. same-store sales outpaced 2019 levels, a trend that executives expect to return this quarter. The chain's "famous orders" promotion with BTS, the K-pop supergroup, is expected to help it attain that goal. McDonald's began rolling out the promotion in late May across nearly 50 countries. Analysts are also expecting strong sales of the chain's chicken sandwich, which launched nationwide in February. For all of 2021, the company is...
    In this article SBUXKevin Johnson, CEO, StarbucksScott Mlyn | CNBCStarbucks is expected to report its fiscal third-quarter earnings after the bell Tuesday. Here's what Wall Street analysts surveyed by Refinitiv are expecting: Earnings per share: 78 cents expected Revenue: $7.29 billion expected A year ago, Starbucks faced its toughest quarter during the pandemic, losing an estimated $3.1 billion in sales due to lockdowns and temporary cafe closures worldwide. But Wall Street is expecting a much stronger performance this quarter, with revenue surging 73% and a swing from a loss to earnings. Last quarter, the coffee giant's lagging international markets weighed on its revenue, despite strong performance in its home market. The company reported U.S. same-store sales growth that returned to pre-pandemic levels. For all of 2021, Starbucks is forecasting earnings per share of $2.65 to $2.75 on revenue within a range of $28.5 billion to $29.3 billion. Shares of Starbucks have risen 17% this year, giving it a market value of $148 billion.VIDEO2:1002:10Starbucks CEO talks store relocations, addresses supply shortage rumorsMad Money with Jim Cramer
    TECH billionaires Elon Musk and Jack Dorsey are expected to speak today at the B Word Conference. But what is it and what are they expected to say? Below is everything you need to know. 1Elon Musk will speak with Jack Dorsey at the event todayCredit: AFP What time is the B Word conference? The B Word Conference is set to start at 9am PDT which is 5pm BST. The event will be centred around Bitcoin and will feature some of the biggest names in the crypto-world. It was organised by the Crypto Council for Innovation which describes itself as a "global alliance of crypto industry leaders with a mission to demonstrate the transformational promise of crypto and communicate its benefits to policymakers, regulators, and people around the globe.” Who is speaking at the conference? The event will feature Tesla CEO Elon Musk, Twitter CEO Jack Dorsey and ARK Invest CEO Cathie Wood among other names. What is Elon Musk expected to say? In June, Musk agreed to join the line-up after a Twitter exchange with Jack Dorsey. "Let's you...
    Advanced numerous times over the past few weeks, finally Samsung has officially announced the date of celebration of its next presentation Galaxy Unpacked, which will take place on August 11. In addition, as expected, this short teaser video previews a theme focused on folding, in turn confirming an event focused on the Galaxy Z Flip 3 and Galaxy Z Fold 3. In fact, along with this announcement, the company shares a humorous little message in which it clearly refers to these devices: “We live in a time of accelerated change, from rapid changes in work culture to the emergence of communication technologies from Vanguard. Now more than ever, flexible and versatile mobile devices are needed They can keep up with the fast pace of our lives so that we can maximize and enjoy every moment. . Already updated on its official website, it finally seems that the date of the event will also coincide with what was previously filtered, setting the start of the presentations at 4:00 p.m. on the Spanish peninsula, with free access through the same website, as...
    In this article KOA shopper scans a case of Coca-Cola Co. soft drinks at a store in Orem, Utah, U.S., on Tuesday, Feb. 9, 2021.George Frey | Bloomberg | Getty ImagesCoca-Cola is expected to report its second-quarter results before the bell on Wednesday. Here's what Wall Street analysts surveyed by Refinitiv are expecting: Earnings per share: 56 cents expected Revenue: $9.32 billion expected A year ago, the beverage giant's earnings fell by a third, and its quarterly revenue had its largest decline in at least three decades. Analysts are more optimistic about its second quarter this year, predicting that both its earnings and revenue will bounce back to pre-pandemic levels. Last quarter, the company reiterated its full-year forecast of organic revenue growth in the high single digits and adjusted earnings growth in a range of high single digits to low double digits. Since then, however, inflation has accelerated. Earlier in July, PepsiCo executives said that the company is seeing higher prices for ingredients, labor and freight. The delta Covid variant has also sparked new concerns, even...
    FAMILIES across the US were granted their first child tax credit payment last week but some did not receive as much as expected. Monthly payments will be processed through direct deposit or mailed by check to households for the rest of 2021 amounting to $300 per child each month should you meet all the requirements.  2Each of these amounts would be divided into six monthly payments What if you received more or less than you anticipated? Using CNET’s child tax credit calculator, you can understand why you received what you did. Each child under the age of six is entitled to $300 and $250 for kids between the ages of six and 17. For parents of eligible children up to age five, the IRS will pay you up to $3,600 and for children between the ages of six and 17, the IRS will grant you up to $3,000 in total. Each of these amounts would be divided into six monthly payments and half as a 2021 tax credit. For dependents aged 18 through 24, or full-time college students, the IRS...
    Jamie Dimon, Chairman and CEO of JPMorgan Chase & Co, at a luncheon hosted by The Economic Club of Chicago on November 22, 2017 in Chicago, Illinois.Scott Olson | Getty Images News | Getty Images JPMorgan Chase is scheduled to report second-quarter earnings before the opening bell Tuesday. Here's what Wall Street expects: Earnings: $3.21 per share, 132% higher than a year earlier, according to Refinitiv. Revenue: $29.9 billion, 11% lower than a year earlier. Trading Revenue: Fixed income $4.16 billion, Equities $2.31 billion, according to FactSet. Investment Banking Revenue: $3.1 billion. JPMorgan Chase, the first major lender to report second-quarter earnings, will be closely watched for clues on how banks are navigating the U.S. economic reopening. One key factor is that after the industry set aside tens of billions of dollars for loan losses last year, banks have been releasing reserves as borrowers have held up better than expected. There was a wide range of expectations for second-quarter credit loss provisions at JPMorgan; analysts surveyed by FactSet expected a release of as much as $967 million to a provision...
    More On: new york mets Where Mets steal ranks among MLB’s best pitching bargains Mets just keep finding ways to win at home Rain wreaks havoc on the Mets’ schedule yet again Three future Mets are tearing it up in Brooklyn Edwin Diaz’s borderline All-Star first half has eliminated any concern that might have lingered about the Mets closer, but team officials also aren’t content. The right-hander’s fastball and slider are among baseball’s nastiest, which should translate more closely to Josh Hader filthy than Diaz’s 2.94 ERA and 1.10 WHIP in 34 appearances this season. Diaz has converted 18 of 19 save opportunities. Hader has pitched to a 0.80 ERA and 0.743 WHIP this season. “It’s not what I expected,” pitching coach Jeremy Hefner said Thursday, referring to Diaz’s first half. “I have a high expectation for Edwin. He has some of the best stuff there is in baseball so he has done really well, extremely well. He has done a lot of things very well, but I have very high hopes and high expectations for him.” Diaz averages...
    NEW YORK (CBSNewYork) – Tropical Storm Elsa is making its way to the Tri-State Area. Here’s what to expect and when in our area. THURSDAY NIGHT: Elsa will be located near Virginia at this point, producing rounds of heavy rain across the mid-Altantic. READ MORE: 54-Year-Old Man Killed By Hit-And-Run Driver Crossing Brooklyn Street OVERNIGHT INTO FRIDAY: The leading edge of Elsa will approach and push into our area and produce heavy rainfall, some of which may lead to flash flooding. Wind gusts of 25-35+ mph are expected along the coast, especially as we approach daybreak. FRIDAY MORNING THROUGH MIDDAY: Elsa’s heaviest bands will begin to exit the area with flash flooding still of concern through at least the mid-morning hours. Maximum wind gusts for the event are expected around this time, ranging from 25-35 mph around the city and up to 40-50 mph to the east and along the coast. FRIDAY AFTERNOON: Elsa will be well N&E of the area at this point with just some leftover gusty winds around the area, especially along the coast. New Jersey has already implemented...
    A Totota dealership is seen in Annapolis, Maryland on May 27, 2021, as many car dealerships across the country are running low on new vehicles as a computer chip shortage has caused production at many vehicle manufactures to nearly stop.Jim Watson | AFP | Getty Images DETROIT – Sales of new vehicles in the U.S. remain healthy but are showing signs of a slowdown amid concerns about inflation and a global shortage of semiconductor chips that continues to depress auto production and dealer inventory levels. Analysts estimate automakers sold about 4.5 million vehicles in the U.S. in the second quarter — a 52% to 53% increase compared with a year ago when the coronavirus pandemic caused Americans to shelter-in-place and temporarily closed auto dealerships.  Most major automakers report June and second-quarter sales data on Thursday, except for Ford, which is expected to release its results Friday. While the sales recovery from the depths of the coronavirus pandemic is impressive, the pace of sales this year is slowing. Deutsche Bank analyst Emmanuel Rosner expects June's sales pace to be 15.7 million...
    Former Minneapolis police Officer Derek Chauvin faces sentencing Friday in the death of George Floyd, with a judge weighing a prison term experts say could be as much as 30 years. Chauvin, 45, was convicted in April of second-degree unintentional murder, third-degree murder and second-degree manslaughter for pressing his knee against Floyd’s neck for about 9 1/2 minutes as the Black man said he couldn’t breathe. It was an act captured on bystander video, which prompted protests around the world. Here's what to watch for in a hearing that could run as long as two hours: Derek Chauvin is being held in custody following his conviction for the death of George Floyd. He is on "administrative segregation" status for his safety, corrections officials said.  (Minnesota Department of Corrections) WHAT'S POSSIBLE? Under Minnesota statutes, Chauvin will be sentenced only on the most serious charge of second-degree murder. That's because all of the charges against him stem from one act, with one victim. The max for that charge is 40 years, but legal experts have said there's no way he'll...
    Kristen Deptula, center, with her husband and two children, says that paying a $15 per hour wage has helped them grow their Rehoboth Beach, Delaware, business. When Kristen Deptula and her husband bought the Canalside Inn in Rehoboth Beach, Delaware, in October 2019, they had no idea the coming summer season at the shore town would mostly be a bust due to Covid-19. The innkeepers were able to access federal funding through the Paycheck Protection Program to help keep them going. Deptula also credits another decision — paying their staff a $15 per hour minimum wage — with helping the business transition through the pandemic. That wage is well above the $9.25 per hour currently mandated by the state. But Deptula, a Washington state native, had seen the higher rate succeed in Seattle. More from Personal Finance:Early end to extra benefits not driving job searches, data suggestsHow returning to work in retirement will impact future financesStates end jobless benefits for some 400,000 people "It was just something I thought was a good practice," Deptula said. Now, Delaware is poised to...
    Tropical Storm turned Tropical Depression Claudette has pummeled the southeastern United States with high winds, heavy rain, scattered tornadoes, and life-threatening flash flooding over the weekend. As of Sunday morning, June 20, Claudette, packed with sustained wind speeds of 30 miles per hour, is about 80 miles west-southwest of Atlanta and moving at about 15 miles per hour.  The storm has weakened as it tracks east but is expected to regain strength as it passes over North Carolina and into the Atlantic Ocean on Monday morning, June 21, when it could go back to being a tropical storm. Claudette is expected to miss the Northeast due to a large front that should keep it out to see. (See the first image above.) But that doesn't mean the effects of the storm won't be felt in the region as heavy thunderstorms are now expected on Tuesday, June 22. Skies will be mainly clear on Father's Day which will be sunny and warm, with a high temperature in the mid 80s Sunday and high humidity. Winds will be calm. A pop-up afternoon...
    BORIS Johnson will deliver a speech to mark the end of the G7 summit on Sunday, June 13. The Prime Minister is expected to make some announcements about coronavirus restrictions in England. 3Boris JohnsonCredit: AFP Boris Johnson announcement: What time is the PM's speech on Sunday, June 13? Boris Johnson's speech will start at 2.05pm GMT, just minutes after England will kick off their first Euro 2021 game against Croatia. The British government is expected to delay the lifting of England’s remaining Covid restrictions by up to four weeks, according to multiple reports. The final stage of ending lockdown, originally planned to take place no earlier than 21 June, is expected to be delayed due to growing concern over the Delta variant. 3Boris Johnson will mark the end of the G7 summit on June 13 in CornwallCredit: PA How long does the G7 summit 2021 last? Leaders from Canada, France, Germany, Italy, Japan, the UK, and the US met in Cornwall for the annual G7 summit on Friday, June 11, 2021. It will end on June 13, 2021. The...
    NEARLY one-third of the sun will be blocked out by the moon in a partial solar eclipse this week. Some parts of the northern hemisphere will experience a total eclipse. 1Nearly one-third of the sun will be blocked out by the moon in a partial solar eclipse this weekCredit: AFP Solar eclipses only happen every one or two years, when the sun and the moon line up exactly with the earth. The sun will appear as a bright ring - or 'annulus' - to most, however over the UK and Ireland the sun will appear as a crescent. What time can I see the solar eclipse in the UK and US? In the UK, the solar eclipse will begin at 10.08am on Thursday, Dr Emily Drabek-Maunder, an astronomer at the Royal Observatory Greenwich, told Sky News. The maximum eclipse is expected to happen at 11.13am - when the moon will cover nearly one-third of the sun. The partial eclipse is expected to end at 12.22pm in the UK. Meanwhile, from New York City the partial eclipse will begin at 4.38am...
    The highly anticipated UFO report which was compiled using decades of military intelligence is expected to reveal everything the US Government knows about Unidentified Aerial Phenomena. But when will the Pentagon's report be released and what could it include? The report is expected to be released in June When will the Pentagon's UFO report be released? Back in December legislation passed by Congress, required the Department of Defense and the National Intelligence Director to produce a report about “Unidentified Aerial Phenomena” within six months.  The unclassified report is expected to be released in June, 2021. The request came after revelations in 2017 that the Pentagon was researching a series of unexplained intrusions into military airspace, including mysterious objects captured on video stalking US Navy ships. Steve Bassett, has tirelessly worked to end the 74-year embargo of classified information on UFOs. The executive director of Paradigm Research Group and a lobbyist said the release of information about extra-terrestrial encounters may be the "most profound" moment in the history of mankind. 3The report is expected to reveal everything the Government knows...
    CHICAGO (CBS)– After months of lockdown, many Americans will be traveling this Memorial Day Weekend. Here’s what you need to know. AAA is predicting more than 37 million people have getaway plans. That’s one in four Americans with travel plans. READ MORE: Vacant Just For Fun Roller Rink In McHenry Lost To Massive Fire In Illinois, 1.8 million people have some type of trip planned. AAA says that’s a 57% percent increase from last year when fewer than 1.1 million people in Illinois traveled. And of the millions traveling this weekend, close to 77,000 plan to fly. READ MORE: Chicago Weather: Cool Down With Rain, Strong Winds Friday Even though COVID restrictions are being lifted across the country, airports still have many pandemic related rules in place. Fly Chicago states face coverings are still required along with social distancing. Touch free options will be available at the airport as well as plastic shields between you and airport employees. MORE NEWS: Chicago Weather: Windy And Wet Friday Airports expected to be very busy, so experts recommend arriving at least two hours early.