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JPMorgan second quarter profit jumps 67% with a boost from First Republic takeover

Published Tue, 25 Feb 2025 02:22:36 GMT

JPMorgan’s second-quarter profits rose by 67% as the nation’s largest bank made more loans to customers, took advantage of higher interest rates, and got a boost from its recent acquisition of First Republic Bank. The bank earned $14.5 billion in the three months ended June 30, compared with $8.65 billion in the same period last year. On a per share basis, the bank earned $4.75, easily outpacing Wall Street expectations for $3.97, according to a survey of analysts by FactSet. Revenue rose to $42.4 billion, from $31.6 billion a year ago. JPMorgan Chase & Co. has been one of the benefactors of the banking crisis that came after the failure of Silicon Valley Bank, Signature Bank and First Republic Bank. The bank saw billions of dollars of deposits flow into its vaults, mostly from well-to-do customers, and was able to buy First Republic Bank after it failed. In the deal, JPMorgan acquired 84 First Republic branches, brining it $92 billion in deposits and $203 billion in...

Stabbing at a church-run aid center in the Dutch city of Leiden leaves 1 man dead, 2 people wounded

Published Tue, 25 Feb 2025 02:22:36 GMT

THE HAGUE, Netherlands (AP) — One man was killed and two people injured, one seriously, in a stabbing on Friday at a church-run center that houses several aid organizations in the Dutch university city of Leiden, police said. A man entered the center, a former bakery in the historic heart of the university city, just before 9:30 a.m. and “for as yet unclear reasons stabbed the victims and then fled,” police said in a statement.A 66-year-old man “was so badly injured that he died at the scene, two others were taken to a hospital,” police said.The chairman of the center, Bert Verweij, told regional broadcaster Omroep West that the three wounded people were a staff member, a volunteer and a worker at one of the organizations that uses the center.The center houses organizations that offer help to people including homeless people, migrants and asylum-seekers.Police appealed for assistance in tracking down the suspect, but warned members of the public not to approach him. They described t...

Detienen a presunto asesino serial y descuartizador que por años sembró el pánico en Nueva York

Published Tue, 25 Feb 2025 02:22:36 GMT

Después de una persecución de años que ha confundido a la policía, un presunto asesino en serie está bajo custodia en relación con la serie de asesinatos y cuerpos encontrados a lo largo de Gilgo Beach en Long Island, según un oficial de la ley y dos funcionarios del gobierno. El sospechoso aún no ha sido identificado, pero las fuentes dijeron que la persona es de la ciudad de Massapequa en el condado de Nassau, donde ha habido una gran presencia policial durante gran parte del viernes por la mañana. La policía del condado de Suffolk y la oficina del fiscal de distrito del condado de Suffolk están liderando la investigación. Los portavoces de esas oficinas se negaron a comentar sobre los últimos acontecimientos. Cuándo podría estar disponible la Opill, la píldora anticonceptiva sin receta médica La noticia del arresto fue reportada por primera vez por News 12 Long Island. El caso de asesinato de Gilgo Beach se remonta a 2010, cuando se encontró en la zona ...

Barcelona, Man United fined by UEFA for breaking financial fair play rules

Published Tue, 25 Feb 2025 02:22:36 GMT

NYON, Switzerland (AP) — Barcelona was fined 500,000 euros ($560,000) by UEFA on Friday and Manchester United must pay 300,000 euros ($336,000) in the last round of financial monitoring using Financial Fair Play rules that have since been replaced. Barcelona was punished for wrongly reporting profits from “disposal of intangible assets” that should not have been accounted for as income according to FFP rules, UEFA said in a statement.Man United did not meet its target to approach break-even on soccer-related business including player transfers, wages and social taxes.UEFA’s club finance panel judged Man United’s offense, and similar ones by APOEL and Konyaspor, to be “minor break-even deficits.” The other clubs were each fined 100,000 euros ($112,000).A group of storied clubs – including AC Milan, Inter Milan and Paris Saint-Germain – who were fined by UEFA last September all met their stricter financial targets for last season. They will continue to be monitored for compliance over...

Suspect taken into custody in connection with long-unsolved Long Island serial killings, AP source says.

Published Tue, 25 Feb 2025 02:22:36 GMT

NEW YORK (AP) — Suspect taken into custody in connection with long-unsolved Long Island serial killings, AP source says.Source

2 shot while driving along I-70 Friday morning

Published Tue, 25 Feb 2025 02:22:36 GMT

DENVER (KDVR) — Denver Police said two people were shot along Interstate 70 early Friday morning. The shooting took place just east of Quebec Street.The victims were taken to a local hospital in unknown conditions.Police shut down the eastbound lanes of the interstate for several hours while they investigated. The roadway was reopened at 4:30 a.m. Denver police safety plan for mega event weekend Investigators are still working to develop suspect information.Second shooting on I-70 in 10 daysThis shooting comes just 10 days after a deadly shooting took place along the same highway.A 32-year-old man driving a motorcycle was shot and killed early on the morning of the Fourth of July. He was shot in the head while driving eastbound near Colorado Boulevard. Police have arrested two men in connection to that shooting. Investigators believe the suspects fired the shots from a pickup truck.Both men are facing first-degree murder charges.

Beaver that attacked girl on Lake Lanier had rabies, Hall County officials say

Published Tue, 25 Feb 2025 02:22:36 GMT

LAKE LANIER, Georgia (WANF) — A beaver that was killed after biting a young girl at Lake Lanier tested positive for rabies, Hall County officials told Atlanta News First.The beaver reportedly bit the girl Saturday, at which point it was killed by the girl’s father. Georgia Department of Natural Resources (DNR) was contacted about the incident and the investigation was turned over to the Hall County Animal Control.Georgia DNR said there was no evidence of baby beavers in the area.Two people also recently came into contact with a rabid beaver in the Sardis area of Gainesville, according to the Facebook post. The beaver was then shipped to the Georgia Public Health Lab Virology Section in Decatur.Officials are posting positive alert signs in the area where the beaver was found.

2023 Homeless World Cup kicks off at Sacramento State’s Hornet Stadium

Published Tue, 25 Feb 2025 02:22:36 GMT

SACRAMENTO (KOVR) — The 2023 Homeless World Cup kicked off Saturday in Sacramento.For the first time, the United States is hosting the international event with the weeklong competition taking place at Sacramento State.Hundreds of spectators and athletes gathered at Hornet Stadium to watch the first game of the series. The matchup of the day was the USA versus Indonesia, with USA winning 8-2.“This is a global gathering, 500 athletes, over 40 countries,” said Cassandra Pye with Street Soccer Sacramento.“I’m excited. I’m confident in my skills,” one USA player said. “But I think there’s going to be some good teams that we’re going to be facing.”The game is soccer but with some variations. The playing field is only 22 feet long with the goalkeeper and three players per side.“The matches only last two seven-minute halves, so you can stay here for an hour and watch six or eight different teams,” said Lawrence Ca...

Rare corpse flower blooms at Amazon Spheres in downtown Seattle

Published Tue, 25 Feb 2025 02:22:36 GMT

SEATTLE (WSVN) — An extraordinary event captivated visitors at the Amazon Spheres in downtown Seattle as a rare corpse flower known as “Morticia” bloomed on Wednesday night. The remarkable plant, named by Amazon workers, has attracted hordes of curious onlookers eager to catch a glimpse of its unique and putrid spectacle.Corpse flowers, scientifically known as Amorphophallus titanum, bloom only once every five to 10 years. Known for emitting an odor reminiscent of decaying flesh, these plants lure pollinators such as carrion beetles and flies, contributing to their survival in their natural habitats.With a brief lifespan of 48 hours, the peak viewing time for “Morticia” is anticipated to be during the initial 24 hours of its blooming phase. Visitors flocked to the Amazon Spheres on Thursday, eager to experience the rare event before it fades away.This is not the first time “Morticia” has captivated Seattleites with her rare bloom. In late October ...

City of Miami Fire Department marks 125 years of service with spectacular celebration

Published Tue, 25 Feb 2025 02:22:36 GMT

The City of Miami Fire Department is gearing up for a momentous occasion as it celebrates its 125th year of dedicated service to the community. The department has planned an exciting event to commemorate this milestone, inviting residents and visitors to join in the festivities on Saturday at Regatta Park, located at 3500 Pan American Drive in Coconut Grove. The event will kick off at 11:00 am and continue until 4:00 pm, ensuring a day packed with entertainment and family-friendly activities.Firefighter competitions will take center stage, showcasing the bravery, skill, and teamwork of Miami’s firefighting heroes. Spectators can look forward to thrilling displays and demonstrations, where talented firefighters will exhibit their expertise and dedication to keeping the community safe.There will also be an array of attractions for all ages to enjoy. Attendees can groove to the rhythm of live music, indulge in delicious culinary delights from a variety of food trucks, and enjoy t...