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Target wrestles with pullback in spending and theft that could cost the retailer $500M this year

Published Tue, 04 Mar 2025 05:00:41 GMT

NEW YORK (AP) — Target on Wednesday reported another quarterly profit decline and issued a cautious sales and profit outlook for the current period.The Minneapolis company is dealing with rising costs, which includes rising theft as a big factor, and consumers who have become more cautious about spending.The company still topped Wall Street expectations and stuck to annual profit guidance above industry analyst projections. Shares rose 1.4% before the opening bell. Target is among the first major U.S. retailers to report quarterly results, and a lot of attention will be paid to the impact that stubbornly high inflation and tightening credit are having on customers. Walmart reports earnings Thursday. Macy’s, Kohl’s and Nordstrom post quarterly results later this month.Home Depot, the nation’s largest home improvement retailer, said Tuesday that sales for the first quarter fell 4.2%, and it expects its first annual revenue decline since 2009. Also on Tuesday, U.S. data sho...

Acusan a un niño de 12 años de homicidio por matar a un empleado de Sonic Drive-In en Texas

Published Tue, 04 Mar 2025 05:00:41 GMT

(CNN) — Un niño de 12 años está acusado de disparar y matar a un empleado en un restaurante Sonic Drive-In en Keene, Texas, después de una discusión en el estacionamiento, dijeron las autoridades.Matthew Davis, de 32 años, estaba trabajando en el Sonic Drive-In el sábado por la noche y se enfrentó a Ángel Gómez, de 20 años, porque estaba “perturbando el orden en el estacionamiento”, dijo la Policía de Keene.“La discusión pronto se volvió física. Durante el altercado, un menor… un pasajero en el vehículo del sospechoso, recuperó un arma de fuego y disparó varias veces, hiriendo a la víctima”, dijo la policía de Keene en un comunicado en Facebook.El jefe de la Policía de Keene, James Kidd, le dijo a CNN que al menos seis disparos fueron hechos desde un “rifle 22 estilo AR” que impactó a Davis.Familia del niño de 6 años señalado de dispararle a su maestra en Virginia emite su primera declaraciónLos agentes recibieron una llamada al 911 alrededor de las 9:40 p.m. y cuando ll...

WalkMe: Q1 Earnings Snapshot

Published Tue, 04 Mar 2025 05:00:41 GMT

TEL AVIV, Israel (AP) — TEL AVIV, Israel (AP) — WalkMe Ltd. (WKME) on Wednesday reported a loss of $26.1 million in its first quarter.The Tel Aviv, Israel-based company said it had a loss of 30 cents per share. Losses, adjusted for stock option expense and non-recurring costs, were 8 cents per share.The operator of cloud-based digital adoption platform posted revenue of $65.9 million in the period.For the current quarter ending in June, WalkMe said it expects revenue in the range of $65 million to $66 million.The company expects full-year revenue in the range of $269 million to $276 million._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on WKME at https://www.zacks.com/ap/WKMESource

Golden Police Department to be part of 4-day workweek trial program

Published Tue, 04 Mar 2025 05:00:41 GMT

GOLDEN, Colo. (KDVR) — The City of Golden is doing a trial run of a four-day workweek with its police force. Their hope is to improve officer retention and recruitment efforts.All police department employees will move from a 40-hour workweek to a 32-hour workweek without a change in pay. City service levels and days open will not change, nor will patrol staffing and coverage, according to the city. “We are calling this trial program 'The Best for Golden' because we believe that the four-day workweek will raise the bar on our service to the City of Golden by improving employee retention and engagement, increasing employee wellbeing, and elevating efficiency in our operations. Organizations around the world, including governments, have seen important benefits from adopting a four-day workweek, and we are excited for Golden to be the first city in our region to experiment with this innovative program,” said Scott Vargo, City of Golden city manager. Biden to honor 9 with Medal of Val...

Colorado one of largest oil and gas states in 2021

Published Tue, 04 Mar 2025 05:00:41 GMT

DENVER (KDVR) — Colorado ranks among the most oil and gas-heavy economies in the nation, according to a new report. The American Petroleum Institute released an annual report on the economic impacts of the oil and gas industry on all 50 U.S. states. Nationally, total operational and capital investment impacts of the oil and natural gas industry comprised 5.4% of U.S. employment and 6.4% of its labor income. How you can help migrants in Denver Oil and gas operations are heavily concentrated in several states including Colorado. The Centennial State is high on the list, ranking among the top 10 states for the number of jobs directly provided by the industry, the income and the direct value added. Colorado's oil and gas industry pays handsomely - it has the fourth-highest direct labor income among U.S. states with $15.4 million paid to industry workers in 2021. Texas, California and Oklahoma alone have higher direct labor income. The state also had the 10th-highest direct employment ...

Crash on SB I-95 causing heavy delays on express lanes near 103rd Street

Published Tue, 04 Mar 2025 05:00:41 GMT

A crash on the southbound lanes of Interstate 95 led to serious traffic delays on the highway’s express lanes.On Wednesday morning, fire rescue crews were on the scene, near 103rd Street, where a collision blocked the left lane.The slowdown can be seen all the way back towards the Golden Glades.Drivers are being advised to avoid the express lanes on South I-95, as traffic is barely getting by with the right lane partially blocked as well.A good alternative for morning commuters could be US-441.

Size of a Jurassic sea giant found due to fossil discovery, study says

Published Tue, 04 Mar 2025 05:00:41 GMT

(CNN) — The chance discovery of large fossil specimens in a museum drawer have led researchers to conclude there was a gigantic marine reptile called a pliosaur swimming the seas 152 million years ago, according to a recent study.The findings from the Late Jurassic period, though fragmentary, suggest the pliosaur was about twice the size of a killer whale — and move lead study author David Martill closer to redemption. That’s due to what many researchers considered inaccurate claims he made about the size of another pliosaur in the BBC’s 1999 television documentary series “Walking With Dinosaurs.”One of the episodes “showed a 25-metre long Liopleurodon,” which “sparked heated debates … as it was thought to have been wildly overestimated and more likely to have only reached an adult size of just over six metres long,” according to a news release about the current study, published May 10 in the journal Proceedings of the Geologists’ Association.Martill, who was a consultant for the ep...

Germany’s Habeck removes state secretary embroiled in cronyism affair

Published Tue, 04 Mar 2025 05:00:41 GMT

BERLIN — German Economy Minister Robert Habeck Wednesday announced he will put into “temporary retirement” a top-level state secretary dogged by accusations of cronyism.The decision comes after internal audits showed Patrick Graichen, the state secretary who played a key role in orchestrating Germany’s green transition, gave preliminary approval in November to a €600,000 project drafted by the regional Berlin office of the NGO BUND, where his sister is an active board member. “According to the compliance rules, Patrick Graichen should neither have been presented with this draft [proposal from BUND] nor should he have signed it off,” Habeck told a press conference. “It is one mistake too many.”The Green vice chancellor had come under intense pressure — from members of the opposition and from within his ruling coalition — to dismiss Graichen after it emerged he failed to disclose his personal relationship with the candidate chosen to lead Germany’s energy ...

Deputy PMQs scorecard: Please make it stop as Oliver Dowden and Angela Rayner play stand-in

Published Tue, 04 Mar 2025 05:00:41 GMT

Prime minister’s questions: a shouty, jeery, very occasionally useful advert for British politics. Here’s what you need to know from this week’s session in POLITICO’s weekly run-through.Housekeeping note: With Rishi Sunak off to Japan for the G7, it was the turn of the stand-ins at PMQs — with Labour Deputy Leader Angela Rayner and new Deputy PM Oliver Dowden ready to trade blows.Welcome to the party, pal: Rayner welcomed Dowden by noting Rishi Sunak “finally has a working-class friend” in the state-schooled new DPM. Nodding at increased Westminster chat about potential post-election coalitions, Dowden said in reply that he was surprised not to see Starmer’s choice for next deputy PM at the despatch box — the Lib Dem leader Ed Davey. Bantz! It didn’t get much better from there. But keep reading, please.What they sparred about: There was some brief back-and-forth about government efforts to tackle NHS waiting lists, which are at record levels. But that genuine...

EU to join European Convention on Human Rights ‘as soon as possible,’ EU chiefs say

Published Tue, 04 Mar 2025 05:00:41 GMT

The European Union is finalizing its bid to join the European Convention on Human Rights, a decades-old treaty setting human rights standards that’s already been ratified by 46 European countries.European Commission President Ursula von der Leyen and European Council President Charles Michel made the announcement together on Wednesday during a rare joint speech.“We would like to strengthen cooperation with the Council of Europe, and to that effect we are in the process of joining the European Convention on Human Rights,” Michel said from the Council of Europe’s summit in Reykjavik, Iceland. “I am optimistic that we will be able to solve the remaining difficulties very quickly,” he added.Speaking directly after Michel, von der Leyen doubled down, saying: “I want to confirm the European Union’s intention to join the European Convention on Human Rights as soon as possible.”The back-to-back speeches from the EU’s two top officials we...