9 days ago
Modern football is a game of two parts: the first hour or so, dictated by carefully curated gameplans and training ground patterns; and the final half-hour when a flurry of substitutes come on, rigid structures fade away and a match opens at the seams. ***** nal were dire for most of this game at the City Ground, shut out by Nottingham Forest's red wall. But yet again the power of Mikel Arteta's "finishers" decided a match.
Noni Madueke was sent on at half-time for Eberechi Eze, who had been statuesque at his station on the left touchline, which, in fairness, is not his position. With the clock ticking towards 80 minutes, Madueke did what Eze hadn't and drove at Forest's defence before unleashing a shot, which took a fortunate deflection off Jair Cunha on its way past the helpless Matz Sels. It went down as ***** nal's only shot on target, and in truth it might have been curling wide.
This was the third game in a row in which Arteta rang the changes in the second half as his team struggled to click, after Leeds last weekend and Lille in midweek. Once again he made a triple substitution on 65 minutes, sending on Jurrien Timber, Mikel Merino and Viktor Gyokeres, and once again a stubborn defence was worn down in the final stages. No Premier League side has generated more goals and ***** ists from the bench since the start of last season.
Noni Madueke scored the only goal of the game (Reuters)
Forest were excellent in their determination to blunt ***** nal's attack. Like Eze, Kai Havertz and Bukayo Saka had little joy, and Oliver Glasner took positives from a performance of cohesion and spirit. Liam Delap was a brilliant nuisance in attack and could have equalised in the final minutes but for Ezri Konsa's last-ditch block. Murillo nearly scored the goal of the season, dribbling in from the left touchline before curling just over the bar with one of the last kicks. But Forest remain third from bottom after a third successive defeat, and their wait for a first home goal of the season goes on.
#final #minutes #Third
Noni Madueke was sent on at half-time for Eberechi Eze, who had been statuesque at his station on the left touchline, which, in fairness, is not his position. With the clock ticking towards 80 minutes, Madueke did what Eze hadn't and drove at Forest's defence before unleashing a shot, which took a fortunate deflection off Jair Cunha on its way past the helpless Matz Sels. It went down as ***** nal's only shot on target, and in truth it might have been curling wide.
This was the third game in a row in which Arteta rang the changes in the second half as his team struggled to click, after Leeds last weekend and Lille in midweek. Once again he made a triple substitution on 65 minutes, sending on Jurrien Timber, Mikel Merino and Viktor Gyokeres, and once again a stubborn defence was worn down in the final stages. No Premier League side has generated more goals and ***** ists from the bench since the start of last season.
Noni Madueke scored the only goal of the game (Reuters)
Forest were excellent in their determination to blunt ***** nal's attack. Like Eze, Kai Havertz and Bukayo Saka had little joy, and Oliver Glasner took positives from a performance of cohesion and spirit. Liam Delap was a brilliant nuisance in attack and could have equalised in the final minutes but for Ezri Konsa's last-ditch block. Murillo nearly scored the goal of the season, dribbling in from the left touchline before curling just over the bar with one of the last kicks. But Forest remain third from bottom after a third successive defeat, and their wait for a first home goal of the season goes on.
#final #minutes #Third
19 days ago
Celebrity comedian Sebastian Maniscalco has responded to this week's uproar in the comedy community over his takeover of a SiriusXM channel that for years supported up-and-coming stand-ups while providing them a minor lifeline in royalty checks. He joins the broadcaster in ****** uring those up in arms over the station's disappearance that the company axed it well before the superstar took over.
In April, Maniscalco's Comedy Radio replaced SiriusXM's Channel 99, the longtime home of the Raw Comedy/Raw Dog channel, a small corner of the satellite radio giant where up-and-coming comedians could not only launch their careers but make a few bucks doing it. SiriusXM replaced the "jukebox channel," which rotated sets from comics and had no host, with one now "curated and headlined by Maniscalco" that features mostly mainstream and well-known talent. The uproar came this week when the advocacy group Stand Up for Standup and big-name comedians like Patton Oswalt, Margaret Cho and Michelle Wolf took to social media to ask Maniscalco to bring Raw Comedy back to the platform. On Thursday, the superstar comic replied.
More from The Hollywood Reporter
Patton Oswalt, Michelle Wolf Call on Sebastian Maniscalco to Reverse SiriusXM Channel Takeover
Stephen A. Smith Explains How SiriusXM Is Becoming a Home for Political Independents
#channel #comedy
In April, Maniscalco's Comedy Radio replaced SiriusXM's Channel 99, the longtime home of the Raw Comedy/Raw Dog channel, a small corner of the satellite radio giant where up-and-coming comedians could not only launch their careers but make a few bucks doing it. SiriusXM replaced the "jukebox channel," which rotated sets from comics and had no host, with one now "curated and headlined by Maniscalco" that features mostly mainstream and well-known talent. The uproar came this week when the advocacy group Stand Up for Standup and big-name comedians like Patton Oswalt, Margaret Cho and Michelle Wolf took to social media to ask Maniscalco to bring Raw Comedy back to the platform. On Thursday, the superstar comic replied.
More from The Hollywood Reporter
Patton Oswalt, Michelle Wolf Call on Sebastian Maniscalco to Reverse SiriusXM Channel Takeover
Stephen A. Smith Explains How SiriusXM Is Becoming a Home for Political Independents
#channel #comedy
19 days ago
Sandra Bullock purchased her Valley Center property for $2.72 million in 2007, extensively renovating it
The estate featured 1,200 organic avocado trees, citrus groves, a saltwater pool and solar charging stations
She sold the property for $5.6 million in 2022 after it spent three weeks on the market
Years before she made her return to the big screen with Practical Magic 2, Sandra Bullock was making magic in another way — via her real estate holdings, which previously included a 91-acre Valley Center, Calif., property complete with an avocado tree farm (and 1,200 organic avocado trees).
The actress, 62, purchased the property in 2007 for $2.72 million via a trust, per Mansion Global, which cites property records.
#property #bullock #center
The estate featured 1,200 organic avocado trees, citrus groves, a saltwater pool and solar charging stations
She sold the property for $5.6 million in 2022 after it spent three weeks on the market
Years before she made her return to the big screen with Practical Magic 2, Sandra Bullock was making magic in another way — via her real estate holdings, which previously included a 91-acre Valley Center, Calif., property complete with an avocado tree farm (and 1,200 organic avocado trees).
The actress, 62, purchased the property in 2007 for $2.72 million via a trust, per Mansion Global, which cites property records.
#property #bullock #center
21 days ago
Prince William has reportedly unknowingly imbibed his wife Kate Middleton's traits, even in her absence. The Prince of Wales seemingly echoed his wife's mannerisms during his solo visit to Somerset through spontaneous actions. Notably, the Waleses are focusing on their royal engagements amid Prince Harry's return and Charles Spencer's book drama, seemingly choosing not to react to the ongoing controversies.
Prince William reportedly appeared to emulate one of Kate Middleton's physical gestures during his solo visit to Somerset. As per The Royal Observer, the Waleses have always maintained a united front and have indulged in subtle, romantic gestures to showcase their sweet bond.
William's recent solo appearance at Somerset also seemingly confirms that he has subconsciously started mirroring Kate's expressions. During his trip, he visited the Town Football Club and interacted with senior citizens, fans, and kids at a local cafe. He rounded the trip with a visit to the fire station. While Kate wasn't there, her presence was strongly felt through William's actions. He seemingly made the same hand gestures as the Princess of Wales does when talking.
As per the outlet, the future queen is known for being a social and affable person. Not only that, her hand gestures and animated mannerisms are almost her trademark style. The prince made similar hand gestures during emergency scenarios with volunteers and young kids.
Not only that, as per the outlet, he had exciting conversations with children and even indulged them with high-fives. Fans have often viewed Middleton as a people person.
#somerset #solo
Prince William reportedly appeared to emulate one of Kate Middleton's physical gestures during his solo visit to Somerset. As per The Royal Observer, the Waleses have always maintained a united front and have indulged in subtle, romantic gestures to showcase their sweet bond.
William's recent solo appearance at Somerset also seemingly confirms that he has subconsciously started mirroring Kate's expressions. During his trip, he visited the Town Football Club and interacted with senior citizens, fans, and kids at a local cafe. He rounded the trip with a visit to the fire station. While Kate wasn't there, her presence was strongly felt through William's actions. He seemingly made the same hand gestures as the Princess of Wales does when talking.
As per the outlet, the future queen is known for being a social and affable person. Not only that, her hand gestures and animated mannerisms are almost her trademark style. The prince made similar hand gestures during emergency scenarios with volunteers and young kids.
Not only that, as per the outlet, he had exciting conversations with children and even indulged them with high-fives. Fans have often viewed Middleton as a people person.
#somerset #solo
21 days ago
A joke about an old romance has put Kim Kardashian and Pete Davidson back in the headlines. The comedian is looking back on it with humor, while she, according to a source, is still sensitive about the subject. The source also says she has taken a firm stance on how she deals with Davidson, and it is not a "chapter of her life she's willing to discuss."
Pete Davidson, 32, recently spoke about his past with Kim Kardashian, calling himself "one of the survivors — the few and the proud." He went on to add, "We're like the Marines." The comedian also maintained that he still has "a lot of love" for the Skims founder, 45. Davidson also added that Kardashian respected his privacy, but the constant cameras were still too much for him. "I knew what I was getting into," he said.
Following his remarks on their brief relationship, a source close to Kardashian spoke to In Touch. The source said Kim remains "hyper sensitive" about Davidson. She has reportedly told people she won't discuss that chapter of her life and "would prefer if they didn't bring it up." The source drew a contrast with her marriage to Kanye West. Leaving West brought relief and freedom, the source said. Davidson ending their relationship, by comparison, brought "rejection and devastation."
According to the source, Davidson knows he hurt Kardashian and feels terrible about it. The source also claimed he is "genuinely happy" that she has moved on with someone else. He would nonetheless "love to build a friendship" with his ex, the source said. Kardashian, however, sees things differently. The source said she has chosen to "draw a firm line under the past" and has essentially banished Pete Davidson from her personal universe. "She wishes him the best," adds the source, "but doesn't need his apologies or friendship."
The source also described how deeply the breakup affected her. It reportedly "crushed her ego" and took a long time to process. The 45-year-old was said to be "madly in love" and convinced they had a future, even if the relationship was short.
#davidson #pete #relationship
Pete Davidson, 32, recently spoke about his past with Kim Kardashian, calling himself "one of the survivors — the few and the proud." He went on to add, "We're like the Marines." The comedian also maintained that he still has "a lot of love" for the Skims founder, 45. Davidson also added that Kardashian respected his privacy, but the constant cameras were still too much for him. "I knew what I was getting into," he said.
Following his remarks on their brief relationship, a source close to Kardashian spoke to In Touch. The source said Kim remains "hyper sensitive" about Davidson. She has reportedly told people she won't discuss that chapter of her life and "would prefer if they didn't bring it up." The source drew a contrast with her marriage to Kanye West. Leaving West brought relief and freedom, the source said. Davidson ending their relationship, by comparison, brought "rejection and devastation."
According to the source, Davidson knows he hurt Kardashian and feels terrible about it. The source also claimed he is "genuinely happy" that she has moved on with someone else. He would nonetheless "love to build a friendship" with his ex, the source said. Kardashian, however, sees things differently. The source said she has chosen to "draw a firm line under the past" and has essentially banished Pete Davidson from her personal universe. "She wishes him the best," adds the source, "but doesn't need his apologies or friendship."
The source also described how deeply the breakup affected her. It reportedly "crushed her ego" and took a long time to process. The 45-year-old was said to be "madly in love" and convinced they had a future, even if the relationship was short.
#davidson #pete #relationship
21 days ago
Relatives of some soldiers killed in the Iran war joined dozens of Gold Star families from prior U.S. conflicts Tuesday at the White House, where President Donald Trump offered words of comfort and candles were lit for the fallen service members, according to one of the widows who attended.
Not all families of the six soldiers killed March 1 in the deadliest attack of the Iran war opted to attend. Troops who survived the attack have raised questions about why they were stationed at a site that didn't have sufficient air protection and was viewed as a likely target.
Michelle Tietjens and other relatives have said they are angry the Army still hasn't answered questions over whether enough was done to protect their loved ones. But Tietjens and her teenage son traveled from Bellevue, Nebraska, to attend the event to honor her husband, Master Sgt. Noah Tietjens, who was killed along with five other Army Reserve soldiers by an Iranian drone strike in Kuwait.
"I decided to go originally because my son wanted to go," Tietjens said. "But then I wanted to see what it was about as well. I wanted to also go to support my husband's memory."
She said they toured several rooms of the White House and took a photo with Trump and the first lady, Melania Trump. Tietjens said the president told them that he wished he had her teenage son's full head of curly hair.
#soldiers #wanted #House
Not all families of the six soldiers killed March 1 in the deadliest attack of the Iran war opted to attend. Troops who survived the attack have raised questions about why they were stationed at a site that didn't have sufficient air protection and was viewed as a likely target.
Michelle Tietjens and other relatives have said they are angry the Army still hasn't answered questions over whether enough was done to protect their loved ones. But Tietjens and her teenage son traveled from Bellevue, Nebraska, to attend the event to honor her husband, Master Sgt. Noah Tietjens, who was killed along with five other Army Reserve soldiers by an Iranian drone strike in Kuwait.
"I decided to go originally because my son wanted to go," Tietjens said. "But then I wanted to see what it was about as well. I wanted to also go to support my husband's memory."
She said they toured several rooms of the White House and took a photo with Trump and the first lady, Melania Trump. Tietjens said the president told them that he wished he had her teenage son's full head of curly hair.
#soldiers #wanted #House
22 days ago
By Kate Holton and Steve Holland
LONDON/WASHINGTON, Oct 5 (Reuters) - US President Donald Trump said on Monday that a threat linked to Iran had prompted the removal of American B-1 bombers from a British airbase.
The planes had been stationed at RAF Fairford, the preferred European base for US bombers, and had recently been used in US strikes on Iran. Last week, five British men were arrested near the base — which Iran's Revolutionary Guards previously said was a legitimate target — on suspicion of preparing terrorist acts.
"We had an idea that there might be a threat, and why would I leave them there? It costs very little money to move them," Trump told reporters on Monday. "So we had a threat, and if we're going to be threatened, we just move them, and that sort of alleviates that. And we actually know the people that made the threat."
When asked if they were linked to Iran, Trump responded: "They would be linked to Iran."
#Trump #threat #linked #british
LONDON/WASHINGTON, Oct 5 (Reuters) - US President Donald Trump said on Monday that a threat linked to Iran had prompted the removal of American B-1 bombers from a British airbase.
The planes had been stationed at RAF Fairford, the preferred European base for US bombers, and had recently been used in US strikes on Iran. Last week, five British men were arrested near the base — which Iran's Revolutionary Guards previously said was a legitimate target — on suspicion of preparing terrorist acts.
"We had an idea that there might be a threat, and why would I leave them there? It costs very little money to move them," Trump told reporters on Monday. "So we had a threat, and if we're going to be threatened, we just move them, and that sort of alleviates that. And we actually know the people that made the threat."
When asked if they were linked to Iran, Trump responded: "They would be linked to Iran."
#Trump #threat #linked #british
24 days ago
Nate Bargatze had barely four hours of sleep when he took the stage at the Ford Accelerate conference at Michigan Central Station in Detroit.
It was about 9 a.m. on Sept. 30 and the comedian was there to co-host the second-year of the event with Ford Motor Co. CEO Jim Farley. Bargatze is the new face in a Ford ad campaign touting the advantages that Ford vehicle owners get by using Ford's dealership service lanes rather than third-party service centers. Ford Accelerate is a gathering of hundreds of business and community leaders who discuss ways to get more people interested in skilled trades jobs, such as auto service technicians.
"I don't even know what time it is," Bargatze told the Detroit Free Press a couple of hours after he welcomed the crowd. His handler remarked that it wasn't yet noon. "It's not noon?! It could be four, five ... I don't know. We got in late last night because I had a show in Mississippi and then ... it was four hours sleep. But I feel great. It's been fun."
The ride for Bargatze, 47, has indeed been fun — and a lot of hard work.
He rose from humble roots in Old Hickory, Tennessee, a factory town about 15 miles northeast of Nashville known for its DuPont plant. He is the son of a professional magician and Bargatze worked as an appliance mover, a pizza delivery driver, a parking valet at Nashville International Airport and a water-meter reader before a buddy pushed him to try his dream of stand-up comedy.
#service
It was about 9 a.m. on Sept. 30 and the comedian was there to co-host the second-year of the event with Ford Motor Co. CEO Jim Farley. Bargatze is the new face in a Ford ad campaign touting the advantages that Ford vehicle owners get by using Ford's dealership service lanes rather than third-party service centers. Ford Accelerate is a gathering of hundreds of business and community leaders who discuss ways to get more people interested in skilled trades jobs, such as auto service technicians.
"I don't even know what time it is," Bargatze told the Detroit Free Press a couple of hours after he welcomed the crowd. His handler remarked that it wasn't yet noon. "It's not noon?! It could be four, five ... I don't know. We got in late last night because I had a show in Mississippi and then ... it was four hours sleep. But I feel great. It's been fun."
The ride for Bargatze, 47, has indeed been fun — and a lot of hard work.
He rose from humble roots in Old Hickory, Tennessee, a factory town about 15 miles northeast of Nashville known for its DuPont plant. He is the son of a professional magician and Bargatze worked as an appliance mover, a pizza delivery driver, a parking valet at Nashville International Airport and a water-meter reader before a buddy pushed him to try his dream of stand-up comedy.
#service
24 days ago
A U.S. service member was arrested on suspicion of murder and robbery after a ******* anese woman's body was discovered in a hotel in Okinawa, local officials said, describing the alleged killing as a "heinous" incident that prompted the ******* anese government to lodge a protest with the United States.
Shinjiro Koizumi, the ******* anese minister of defense, said a U.S. Marine lance corporal was arrested on Sunday after the woman's body was found early on Saturday in Naha, the capital city of the Okinawa prefecture.
Japanese Prime Minister Sanae Takaichi said the Okinawa Prefectural Police were investigating the incident as a murder.
"The occurrence of such an extremely brutal and heinous incident is a matter of profound regret, and as the Government of ******* an, we have lodged a strong protest with the U.S. side," she said on social media.
NHK, ******* an's public broadcaster, identified the suspect as Devin Jacob Ballard, 20, who was stationed at U.S. Marine Corps Air Station Futenma, a base a few miles outside Naha. The broadcaster identified the alleged victim as Yagi Anna, 39, saying she was ******* ounced dead at the scene.
#minister #arrested #body
Shinjiro Koizumi, the ******* anese minister of defense, said a U.S. Marine lance corporal was arrested on Sunday after the woman's body was found early on Saturday in Naha, the capital city of the Okinawa prefecture.
Japanese Prime Minister Sanae Takaichi said the Okinawa Prefectural Police were investigating the incident as a murder.
"The occurrence of such an extremely brutal and heinous incident is a matter of profound regret, and as the Government of ******* an, we have lodged a strong protest with the U.S. side," she said on social media.
NHK, ******* an's public broadcaster, identified the suspect as Devin Jacob Ballard, 20, who was stationed at U.S. Marine Corps Air Station Futenma, a base a few miles outside Naha. The broadcaster identified the alleged victim as Yagi Anna, 39, saying she was ******* ounced dead at the scene.
#minister #arrested #body
25 days ago
CNN has obtained newly unsealed police body camera footage showing the arrest of Luigi Mangione inside a McDonald’s in Altoona, Pennsylvania, days after he fatally shot United Healthcare CEO Brian Thompson.
The hours of footage capture officers questioning Mangione at the fast-food restaurant on the morning of December 9, 2024, before he is handcuffed, searched and transported to the police station. The videos show police conducting more thorough searches of Mangione and his belongings at the station, including the moment an officer finds a gun – now known to be the murder weapon – inside his backpack.
This is the first time the videos have been seen outside the courtroom. Some of the footage was played during a dayslong suppression hearing last December, when the defense argued evidence recovered during the arrest should be suppressed because Mangione’s backpack was improperly searched.
#footage #backpack
The hours of footage capture officers questioning Mangione at the fast-food restaurant on the morning of December 9, 2024, before he is handcuffed, searched and transported to the police station. The videos show police conducting more thorough searches of Mangione and his belongings at the station, including the moment an officer finds a gun – now known to be the murder weapon – inside his backpack.
This is the first time the videos have been seen outside the courtroom. Some of the footage was played during a dayslong suppression hearing last December, when the defense argued evidence recovered during the arrest should be suppressed because Mangione’s backpack was improperly searched.
#footage #backpack
1 month ago
Some offers on this page are from advertisers who pay us, which may affect which products we write about, but not our recommendations. See our Advertiser Disclosure.
Visa and Mastercard ATM cash withdrawals spanning roughly 19 years are part of a class-action lawsuit settlement totaling $167.5 million.
The case, known as Burke v. Visa Inc., involves independent ATMs often found in convenience stores, gas stations, grocery stores, hotels, and bars — non-bank locations that often levy surcharges on cash withdrawals.
Here's who is eligible for a cash payment as part of the settlement.
Read more: Just received a settlement? 5 smart ways to use the money.
#advertiser
Visa and Mastercard ATM cash withdrawals spanning roughly 19 years are part of a class-action lawsuit settlement totaling $167.5 million.
The case, known as Burke v. Visa Inc., involves independent ATMs often found in convenience stores, gas stations, grocery stores, hotels, and bars — non-bank locations that often levy surcharges on cash withdrawals.
Here's who is eligible for a cash payment as part of the settlement.
Read more: Just received a settlement? 5 smart ways to use the money.
#advertiser
1 month ago
Millions in Cuba were left without power on Friday as the country was plunged into yet another major blackout.
The country's entire electricity grid suffered "total disconnection" that triggered a nationwide outage, Cuba's energy ministry said.
Power was restored to some priority areas by late evening, including those near hospitals and water pumping stations in the capital Havana, grid operator UNE said.
It is at least the sixth partial or total blackout to hit Cuba this year, where ageing electricity infrastructure and chronic fuel shortages have been placed under further strain by a US blockade on oil shipments to the communist-run nation.
UNE said the outage started just before 14:00 local time on Friday (18:00 GMT) due to a transmission fault coupled with poor weather conditions in central Cuba.
#grid
The country's entire electricity grid suffered "total disconnection" that triggered a nationwide outage, Cuba's energy ministry said.
Power was restored to some priority areas by late evening, including those near hospitals and water pumping stations in the capital Havana, grid operator UNE said.
It is at least the sixth partial or total blackout to hit Cuba this year, where ageing electricity infrastructure and chronic fuel shortages have been placed under further strain by a US blockade on oil shipments to the communist-run nation.
UNE said the outage started just before 14:00 local time on Friday (18:00 GMT) due to a transmission fault coupled with poor weather conditions in central Cuba.
#grid
1 month ago
The temporary closure of the key onshore pipeline Saudi Arabia uses to bypass the Strait of Hormuz has added another shock to an oil market already struggling with six months of Middle East supply disruptions.
And the damage now appears to be more extensive than initially believed.
Three pumping stations along Saudi Arabia's East-West pipeline were damaged in last week's attack, Reuters reported on Thursday, citing satellite imagery and industry sources. Earlier ***** sments had identified damage at two stations. Three sources told Reuters that repairs could take five to six weeks, although partial pumping could resume sooner.
Before the attack, the system was moving between 4 million and 5 million barrels per day (bpd), equivalent to roughly 4%–5% of global oil supply. Its total capacity is around 7 million bpd, including approximately 2 million bpd supplied to refineries.
Saudi Arabia shut the pipeline following multiple attacks on September 10. Satellite imagery previously published by MizarVision showed extensive fire and structural damage around pumping stations along the route.
#million #pumping #arabia
And the damage now appears to be more extensive than initially believed.
Three pumping stations along Saudi Arabia's East-West pipeline were damaged in last week's attack, Reuters reported on Thursday, citing satellite imagery and industry sources. Earlier ***** sments had identified damage at two stations. Three sources told Reuters that repairs could take five to six weeks, although partial pumping could resume sooner.
Before the attack, the system was moving between 4 million and 5 million barrels per day (bpd), equivalent to roughly 4%–5% of global oil supply. Its total capacity is around 7 million bpd, including approximately 2 million bpd supplied to refineries.
Saudi Arabia shut the pipeline following multiple attacks on September 10. Satellite imagery previously published by MizarVision showed extensive fire and structural damage around pumping stations along the route.
#million #pumping #arabia
1 month ago
Updated Sept. 17, 2026 2:46 pm ET
Listen
(3 min)
1443 ET – Precious metal futures settle higher in New York, recovering from a swoon in the wake of yesterday’s Federal Reserve interest-rate increase. “My sense is that they will lag while we’re in a rate-hiking cycle, and right now we’re fairly clearly in a rate-hiking cycle,” says David Russell, global head of market strategy at TradeStation. There are a lot of arguments in favor of gold, in terms of central bank buying and an alternative to the dollar, but the current macro environment “is not in any way textbook favorable for gold and silver,” he adds. Front-month gold settles up 0.3% to $4,360.20 a troy ounce, and silver rises 1.8% to $65.47 a troy ounce. (anthony.harrupwsj.com)
1118 ET – Gold futures recover losses that followed the Fed’s rate hike as Treasury yields move lower and the dollar slips, while oil prices extend their pullback to a second day. “Gold is rangebound with two-way risk, but the large bull market we had seen earlier in the year is considered on pause for now,” Pepperstone strategist Ahmad ******* iri says in a note. The bull market could continue at some stage with underlying drivers such as central bank demand, macro uncertainty, and fiscal concerns, he says. But “the path of oil prices and their transmission into Fed policy remains the single most important variable from now till year-end.” The December contract is up 0.4% in New York at $4,404.90 a troy ounce. Silver rises 2.3% to $66.44 a troy ounce. (anthony.harrupwsj.com)
#Gold #york #futures
Listen
(3 min)
1443 ET – Precious metal futures settle higher in New York, recovering from a swoon in the wake of yesterday’s Federal Reserve interest-rate increase. “My sense is that they will lag while we’re in a rate-hiking cycle, and right now we’re fairly clearly in a rate-hiking cycle,” says David Russell, global head of market strategy at TradeStation. There are a lot of arguments in favor of gold, in terms of central bank buying and an alternative to the dollar, but the current macro environment “is not in any way textbook favorable for gold and silver,” he adds. Front-month gold settles up 0.3% to $4,360.20 a troy ounce, and silver rises 1.8% to $65.47 a troy ounce. (anthony.harrupwsj.com)
1118 ET – Gold futures recover losses that followed the Fed’s rate hike as Treasury yields move lower and the dollar slips, while oil prices extend their pullback to a second day. “Gold is rangebound with two-way risk, but the large bull market we had seen earlier in the year is considered on pause for now,” Pepperstone strategist Ahmad ******* iri says in a note. The bull market could continue at some stage with underlying drivers such as central bank demand, macro uncertainty, and fiscal concerns, he says. But “the path of oil prices and their transmission into Fed policy remains the single most important variable from now till year-end.” The December contract is up 0.4% in New York at $4,404.90 a troy ounce. Silver rises 2.3% to $66.44 a troy ounce. (anthony.harrupwsj.com)
#Gold #york #futures
1 month ago
Some offers on this page are from advertisers who pay us, which may affect which products we write about, but not our recommendations. See our Advertiser Disclosure.
Visa and Mastercard ATM cash withdrawals spanning roughly 19 years are part of a class-action lawsuit settlement totaling $167.5 million.
The case, known as Burke v. Visa Inc., involves independent ATMs often found in convenience stores, gas stations, grocery stores, hotels, and bars — non-bank locations that often levy surcharges on cash withdrawals.
Here's who is eligible for a cash payment as part of the settlement.
Read more: Just received a settlement? 5 smart ways to use the money.
#Visa #part #stores #mastercard
Visa and Mastercard ATM cash withdrawals spanning roughly 19 years are part of a class-action lawsuit settlement totaling $167.5 million.
The case, known as Burke v. Visa Inc., involves independent ATMs often found in convenience stores, gas stations, grocery stores, hotels, and bars — non-bank locations that often levy surcharges on cash withdrawals.
Here's who is eligible for a cash payment as part of the settlement.
Read more: Just received a settlement? 5 smart ways to use the money.
#Visa #part #stores #mastercard
1 month ago
Saudi Arabia's oil supply crisis is rapidly becoming Europe's problem.
The September 10 attacks on Saudi Arabia's East-West Pipeline struck the system at multiple locations and damaged at least one pumping station, forcing Riyadh to shut down the Kingdom's critical alternative to the Strait of Hormuz.
The 1,200-kilometer Petroline can carry around 7 million barrels per day from Saudi Arabia's eastern producing regions to Yanbu on the Red Sea. Since the war effectively closed Hormuz, it has become one of the most important pieces of energy infrastructure in the world.
Kpler estimates the pipeline had been moving roughly 4 million bpd around Hormuz before the attack. A prolonged outage could ultimately threaten 3.5–4 million bpd of Saudi crude exports. The figure is below Petroline's nameplate capacity because Saudi Arabia can still export some crude from eastern terminals such as Ras Tanura, despite the severe constraints on Gulf shipping.
The immediate problem is storage.
#hormuz #crude
The September 10 attacks on Saudi Arabia's East-West Pipeline struck the system at multiple locations and damaged at least one pumping station, forcing Riyadh to shut down the Kingdom's critical alternative to the Strait of Hormuz.
The 1,200-kilometer Petroline can carry around 7 million barrels per day from Saudi Arabia's eastern producing regions to Yanbu on the Red Sea. Since the war effectively closed Hormuz, it has become one of the most important pieces of energy infrastructure in the world.
Kpler estimates the pipeline had been moving roughly 4 million bpd around Hormuz before the attack. A prolonged outage could ultimately threaten 3.5–4 million bpd of Saudi crude exports. The figure is below Petroline's nameplate capacity because Saudi Arabia can still export some crude from eastern terminals such as Ras Tanura, despite the severe constraints on Gulf shipping.
The immediate problem is storage.
#hormuz #crude
1 month ago
PepsiCo (PEP) has gone nowhere for a year, down 1.8% over the past twelve months while the S&P 500 returned 16.6%. At about $135 a share it trades at 17.7 times earnings, against an S&P 500 median of 22.5. A big cash generator priced below the market is what value buyers hunt for, so is this discount impatience or a verdict?
PepsiCo sells snacks and drinks everywhere consumer staples get sold: grocery aisles, convenience and gas stations, and the away-from-home locations it keeps adding. That reach turns into cash: free cash flow over the trailing twelve months was $9.28 billion, a 5.0% yield.
None of the recent numbers look like a business in trouble. Revenue over the trailing twelve months grew 5.6%, and the operating margin is holding at 15.0% against an S&P 500 median of 18.6%. Management says global volumes grew in both foods and beverages in the first half of 2026, the fastest growth in volume since 2022.
Widen the window and the picture changes. PepsiCo's revenue grew 5.6% over the trailing twelve months against an S&P 500 median of 8.3%, and its three-year average is just 2.5% a year. The trailing twelve months ran hotter, but one window is not a pace, and the pace is what the market pays for.
The company lowered prices in the U.S. early in 2026 to get volume moving. Management says salty snacks went from falling volume to rising volume and PepsiCo gained share, but volume in the second quarter of 2026 fell short of what it expected, which it blames on a consumer hurt by higher gas prices and on delays executing the price investment at some customers. None of this is lost on the market: it is pricing a company that grows slowly and has just spent money trying to grow faster. The problem sits in North America, while the international business stayed strong.
#months #trailing
PepsiCo sells snacks and drinks everywhere consumer staples get sold: grocery aisles, convenience and gas stations, and the away-from-home locations it keeps adding. That reach turns into cash: free cash flow over the trailing twelve months was $9.28 billion, a 5.0% yield.
None of the recent numbers look like a business in trouble. Revenue over the trailing twelve months grew 5.6%, and the operating margin is holding at 15.0% against an S&P 500 median of 18.6%. Management says global volumes grew in both foods and beverages in the first half of 2026, the fastest growth in volume since 2022.
Widen the window and the picture changes. PepsiCo's revenue grew 5.6% over the trailing twelve months against an S&P 500 median of 8.3%, and its three-year average is just 2.5% a year. The trailing twelve months ran hotter, but one window is not a pace, and the pace is what the market pays for.
The company lowered prices in the U.S. early in 2026 to get volume moving. Management says salty snacks went from falling volume to rising volume and PepsiCo gained share, but volume in the second quarter of 2026 fell short of what it expected, which it blames on a consumer hurt by higher gas prices and on delays executing the price investment at some customers. None of this is lost on the market: it is pricing a company that grows slowly and has just spent money trying to grow faster. The problem sits in North America, while the international business stayed strong.
#months #trailing
1 month ago
NBC4's helicopter was one of several news aircraft flying over the scene of a deadly bus crash in Chatsworth Tuesday evening at sunset.
It's common for multiple news choppers to arrive at the scene of breaking news, beaming live images for newscasts and streaming.
But around 7 p.m., something went horribly wrong and in a matter of seconds the NBC4 chopper dropped out of the sky, crashing into shipping containers and vehicles outside a warehouse a few blocks away, bursting into flames. Two station journalists, reporter Eliana Moreno and pilot George Marciniw, were killed along with a bystander on the ground.
Federal investigators are now trying to figure out what went wrong. The Times interviewed several experts, who reviewed recordings of the chopper's final moments. They offered insights into the helicopter itself, its movements that afternoon and what is known about how its mechanics work.
Here's what they had to say:
#went #wrong #tuesday #nbc4
It's common for multiple news choppers to arrive at the scene of breaking news, beaming live images for newscasts and streaming.
But around 7 p.m., something went horribly wrong and in a matter of seconds the NBC4 chopper dropped out of the sky, crashing into shipping containers and vehicles outside a warehouse a few blocks away, bursting into flames. Two station journalists, reporter Eliana Moreno and pilot George Marciniw, were killed along with a bystander on the ground.
Federal investigators are now trying to figure out what went wrong. The Times interviewed several experts, who reviewed recordings of the chopper's final moments. They offered insights into the helicopter itself, its movements that afternoon and what is known about how its mechanics work.
Here's what they had to say:
#went #wrong #tuesday #nbc4
1 month ago
It was a night of devastation in Chatsworth that began with a deadly Metro bus collision and ended with the fiery crash of an NBC4 helicopter covering the news that left two journalists and, on the ground, a bystander dead.
Tuesday's scene was a mixture of confusion and chaos, with first responders fanned out across two catastrophes and television news teams desperately trying to find out whether their journalists were safe. The crashes claimed the lives of five people and left others with various degrees of injury.
Investigators with the National Transportation Safety Board and the Federal Aviation Administration were trying Wednesday to determine exactly what caused the news helicopter, a Eurocopter AS350 B2, to go down.
NTSB Investigator Fabian Salazar said officials are searching through the wreckage, combing through maintenance logbooks, security footage, weather reports and witness interviews, and reviewing the pilot's training to figure out what went wrong.
But the most critical information so far has been audio captured from the helicopter during a live broadcast of reporter Eliana Moreno and pilot George Marciniw's final moments before it crashed.
#journalists #nbc4
Tuesday's scene was a mixture of confusion and chaos, with first responders fanned out across two catastrophes and television news teams desperately trying to find out whether their journalists were safe. The crashes claimed the lives of five people and left others with various degrees of injury.
Investigators with the National Transportation Safety Board and the Federal Aviation Administration were trying Wednesday to determine exactly what caused the news helicopter, a Eurocopter AS350 B2, to go down.
NTSB Investigator Fabian Salazar said officials are searching through the wreckage, combing through maintenance logbooks, security footage, weather reports and witness interviews, and reviewing the pilot's training to figure out what went wrong.
But the most critical information so far has been audio captured from the helicopter during a live broadcast of reporter Eliana Moreno and pilot George Marciniw's final moments before it crashed.
#journalists #nbc4
1 month ago
Once upon a time, the 'space race' meant the grand strategic competition between the USA and the USSR to gain control of the heavens. The superpowers designed and built satellites, manned capsules, orbital **** ecraft and long-endurance **** e stations, and NASA even sent the Apollo landers to put men on the Moon.
Today, the **** e race is heating up again, but in a very different way. Yes, the governments are still involved – NASA's Artemis program is targeting the Moon, the Russians have a Soyuz escape ship docked at the International **** e Station, and other powers such as the EU, China, and India have large-scale **** e programs. But the real difference – and a lot of the innovation – is coming from commercial players working alongside government **** e agencies.
This past summer, Elon Musk's **** eX went public, in Wall Street's largest ever IPO. The company is pioneering reusable large rockets, and has already made history with privately launched and/or publicly funded missions of the Falcon 9 rocket and Crew Dragon capsule.
Promotion
55% Off TipRanks
#once
Today, the **** e race is heating up again, but in a very different way. Yes, the governments are still involved – NASA's Artemis program is targeting the Moon, the Russians have a Soyuz escape ship docked at the International **** e Station, and other powers such as the EU, China, and India have large-scale **** e programs. But the real difference – and a lot of the innovation – is coming from commercial players working alongside government **** e agencies.
This past summer, Elon Musk's **** eX went public, in Wall Street's largest ever IPO. The company is pioneering reusable large rockets, and has already made history with privately launched and/or publicly funded missions of the Falcon 9 rocket and Crew Dragon capsule.
Promotion
55% Off TipRanks
#once
1 month ago
Tributes began pouring in Wednesday after a news helicopter crashed in Los Angeles, leaving three people dead.
The crash occurred just before 7 p.m. local time Tuesday in the Chatsworth area of the San Fernando Valley, as the news chopper was covering a road traffic accident.
Angel City Air operated the helicopter, which was providing news coverage for NBC Los Angeles.
The victims aboard the helicopter were identified as Eliana Moreno, a journalist familiar to viewers of the station and its Spanish-language sister station, Telemundo 52, and pilot George Marciniw. The pair began flying together in 2023.
A pedestrian on the ground was also confirmed to have died at the scene, officials said. Authorities identified the third victim as Edy Gutiérrez Mejia, 29.
#wednesday
The crash occurred just before 7 p.m. local time Tuesday in the Chatsworth area of the San Fernando Valley, as the news chopper was covering a road traffic accident.
Angel City Air operated the helicopter, which was providing news coverage for NBC Los Angeles.
The victims aboard the helicopter were identified as Eliana Moreno, a journalist familiar to viewers of the station and its Spanish-language sister station, Telemundo 52, and pilot George Marciniw. The pair began flying together in 2023.
A pedestrian on the ground was also confirmed to have died at the scene, officials said. Authorities identified the third victim as Edy Gutiérrez Mejia, 29.
#wednesday
1 month ago
By David Shepardson
WASHINGTON, Sept 16 (Reuters) - The U.S. Senate Commerce Committee approved legislation on Wednesday to bar government officials from pressuring private companies to censor speech, citing threats from the Trump administration against late-night talk shows as evidence of efforts to stifle free expression.
The measure would allow citizens to sue federal employees who pressure private companies into suppressing speech protected by the First Amendment to the U.S. Constitution, which guarantees free expression. Both Republicans and Democrats on the committee said the bill was needed to curb government overreach.
The committee approved the bill 18-10. It must still pass the full Senate, where it is unclear when it may be taken up, and the U.S. House of Representatives to become law.
Senator Maria Cantwell, the top Democrat on the panel, said the bill, if it had been in effect, would have allowed Disney-owned ABC's late-night show host Jimmy Kimmel to file suit after Federal Communications Commission chair Brendan Carr last year pressured station owners to stop airing Kimmel's show following remarks about the ****** assination of conservative activist Charlie Kirk.
#approved #government #private
WASHINGTON, Sept 16 (Reuters) - The U.S. Senate Commerce Committee approved legislation on Wednesday to bar government officials from pressuring private companies to censor speech, citing threats from the Trump administration against late-night talk shows as evidence of efforts to stifle free expression.
The measure would allow citizens to sue federal employees who pressure private companies into suppressing speech protected by the First Amendment to the U.S. Constitution, which guarantees free expression. Both Republicans and Democrats on the committee said the bill was needed to curb government overreach.
The committee approved the bill 18-10. It must still pass the full Senate, where it is unclear when it may be taken up, and the U.S. House of Representatives to become law.
Senator Maria Cantwell, the top Democrat on the panel, said the bill, if it had been in effect, would have allowed Disney-owned ABC's late-night show host Jimmy Kimmel to file suit after Federal Communications Commission chair Brendan Carr last year pressured station owners to stop airing Kimmel's show following remarks about the ****** assination of conservative activist Charlie Kirk.
#approved #government #private
1 month ago
WASHINGTON, Sept 16 (Reuters) - U.S. retail sales rebounded more than expected in August as households stepped up purchases of motor vehicles and stocked up for the new school year, reinforcing the economy's resilience even as consumers grow more anxious about high inflation.
Retail sales jumped 1.2% last month after a revised 0.5% drop in July, which was the first decline in nine months, the Commerce Department's Census Bureau said on Wednesday. Economists polled by Reuters had forecast retail sales, which are mostly goods and are not adjusted for inflation, rebounding 0.8% after a previously reported 0.6% drop in July. Estimates ranged from as low as a 0.2% gain to as high as a 1.1% increase.
Last month's increase also partially reflected higher gasoline prices, which lifted receipts at service stations.
Households have continued to spend despite stubbornly high inflation because of the oil price shock and supply chain strains from the U.S.-led war with Iran. Consumers have, however, become more selective and are seeking lower-priced goods. Consumer sentiment deteriorated this month.
Spending is being supported by steady wage growth and recent stock market gains. Households are also saving less and tapping into their nest eggs. The strength in retail sales, together with elevated price pressures and a labor market that is regaining its poise after wobbling through much of summer, further strengthens financial market expectations that the Federal Reserve will raise interest rates later on Wednesday.
#sales #wednesday
Retail sales jumped 1.2% last month after a revised 0.5% drop in July, which was the first decline in nine months, the Commerce Department's Census Bureau said on Wednesday. Economists polled by Reuters had forecast retail sales, which are mostly goods and are not adjusted for inflation, rebounding 0.8% after a previously reported 0.6% drop in July. Estimates ranged from as low as a 0.2% gain to as high as a 1.1% increase.
Last month's increase also partially reflected higher gasoline prices, which lifted receipts at service stations.
Households have continued to spend despite stubbornly high inflation because of the oil price shock and supply chain strains from the U.S.-led war with Iran. Consumers have, however, become more selective and are seeking lower-priced goods. Consumer sentiment deteriorated this month.
Spending is being supported by steady wage growth and recent stock market gains. Households are also saving less and tapping into their nest eggs. The strength in retail sales, together with elevated price pressures and a labor market that is regaining its poise after wobbling through much of summer, further strengthens financial market expectations that the Federal Reserve will raise interest rates later on Wednesday.
#sales #wednesday
1 month ago
Former US CIA director David Petraeus was at a Ukrainian train station at the very moment a Russian drone struck a passenger train on Sunday, shortly after a diplomatic train carrying former UK Prime Minister Boris Johnson and other foreign dignitaries had passed through.
Kyiv framed the attack as evidence of the increased threat Russia's Vladimir Putin poses to Europe, with Ukraine's rail operator saying it was "quite likely" a targeted attack.
The diplomatic train carrying Johnson, European security officials and other former leaders from Kyiv to Poland had made an early departure from Yahodyn station –– about two kilometers (1.2 miles) from the Polish border –– due to the "constant threat of Russian strikes," said Ukrainian Railways. It had already crossed into Poland by the time of the attack.
Petraeus was traveling on a separate train which was still at Yahodyn station, a Ukrainian Railways statement said. CNN has reached out to Petraeus for comment.
The rail operator said that while it was still clarifying details, it is "quite likely" that the Russian drone could have deliberately targeted the officials' train.
#ukrainian #russian
Kyiv framed the attack as evidence of the increased threat Russia's Vladimir Putin poses to Europe, with Ukraine's rail operator saying it was "quite likely" a targeted attack.
The diplomatic train carrying Johnson, European security officials and other former leaders from Kyiv to Poland had made an early departure from Yahodyn station –– about two kilometers (1.2 miles) from the Polish border –– due to the "constant threat of Russian strikes," said Ukrainian Railways. It had already crossed into Poland by the time of the attack.
Petraeus was traveling on a separate train which was still at Yahodyn station, a Ukrainian Railways statement said. CNN has reached out to Petraeus for comment.
The rail operator said that while it was still clarifying details, it is "quite likely" that the Russian drone could have deliberately targeted the officials' train.
#ukrainian #russian
1 month ago
Sept 13 (Reuters) - The head of Russia's state nuclear energy corporation accused Ukraine on Sunday of attacking diesel fuel trucks, killing two Russian servicemen and deliberately jeopardising safety at the Russian-held Zaporizhzhia nuclear power plant in Ukraine.
Alexei Likhachev said the attack took place on Friday and also resulted in injuries to other Russian soldiers.
The Zaporizhzhia plant, Europe's largest with six reactors, was seized by Russian forces in the early weeks of the Ukraine war that broke out in February 2022. Each side has regularly accused the other of actions that endanger safety at the plant and increase the risk of a nuclear accident.
Likhachev issued a statement saying Ukrainian forces had launched "a series of combined strikes" on Friday on fuel trucks which deliver diesel to the station.
"The strikes hit very close to the perimeter of the station's site," he said.
#russian #nuclear #Friday
Alexei Likhachev said the attack took place on Friday and also resulted in injuries to other Russian soldiers.
The Zaporizhzhia plant, Europe's largest with six reactors, was seized by Russian forces in the early weeks of the Ukraine war that broke out in February 2022. Each side has regularly accused the other of actions that endanger safety at the plant and increase the risk of a nuclear accident.
Likhachev issued a statement saying Ukrainian forces had launched "a series of combined strikes" on Friday on fuel trucks which deliver diesel to the station.
"The strikes hit very close to the perimeter of the station's site," he said.
#russian #nuclear #Friday
1 month ago
The day has finally arrived!
The Denver Broncos are on the road under the prime time lights of Monday Night Football to try to prove to the world that the AFC West has truly had a changing of the guard. These Kansas City Chiefs are a tough home opponent and it shouldn't be easy for Denver by any measure, but if they can pull off an upset and steal a road win in division it would be huge for their chances to repeat as AFC West champs this season.
Kickoff is set for 6:00 p.m. Mile High time on Monday, September 14, 2026 at Arrowhead Stadium in Kansas City, Missouri. You can watch the live stream of the game through FuboTV or on ESPN. The game will be called by Joe Buck (play-by-play) and Troy Aikman (analyst), with Lisa Salters and Laura Rutledge (sideline). You can also check local Broncos radio network affiliate stations.
Sign up for a user account and get:
Fewer ads
#city
The Denver Broncos are on the road under the prime time lights of Monday Night Football to try to prove to the world that the AFC West has truly had a changing of the guard. These Kansas City Chiefs are a tough home opponent and it shouldn't be easy for Denver by any measure, but if they can pull off an upset and steal a road win in division it would be huge for their chances to repeat as AFC West champs this season.
Kickoff is set for 6:00 p.m. Mile High time on Monday, September 14, 2026 at Arrowhead Stadium in Kansas City, Missouri. You can watch the live stream of the game through FuboTV or on ESPN. The game will be called by Joe Buck (play-by-play) and Troy Aikman (analyst), with Lisa Salters and Laura Rutledge (sideline). You can also check local Broncos radio network affiliate stations.
Sign up for a user account and get:
Fewer ads
#city
1 month ago
After securing a 48-20 victory over Arizona State to improve to 2-0 in 2026, Texas A&M will now turn its attention to a talented SEC foe with an offensive mastermind at the helm.
First-year head coach Will Stein and the Kentucky Wildcats will travel to College Station for a showdown against the Aggies on Saturday, marking the first contest between the two programs since 2018 and just their fourth matchup ever.
The Wildcats had No. 10 Alabama reeling in Lexington in Week 2, but were unable to close things out, leading to a 45-17 loss to the Crimson Tide. Among the many storylines in this game is the return of former Aggie defensive coordinator Jay Bateman, who is calling the shots for Kentucky's defensive unit.
Texas A&M's performance against Arizona State was solid, but there is still much to be desired, especially offensively. As was projected all offseason, the Aggies' offensive line struggled to establish dominance in the trenches, with a plethora of new pieces in the unit. That is something they must improve upon moving forward, as they open SEC play this weekend.
Here is everything Elko said during his weekly press conference, ahead of Saturday's matchup against Kentucky:
#matchup
First-year head coach Will Stein and the Kentucky Wildcats will travel to College Station for a showdown against the Aggies on Saturday, marking the first contest between the two programs since 2018 and just their fourth matchup ever.
The Wildcats had No. 10 Alabama reeling in Lexington in Week 2, but were unable to close things out, leading to a 45-17 loss to the Crimson Tide. Among the many storylines in this game is the return of former Aggie defensive coordinator Jay Bateman, who is calling the shots for Kentucky's defensive unit.
Texas A&M's performance against Arizona State was solid, but there is still much to be desired, especially offensively. As was projected all offseason, the Aggies' offensive line struggled to establish dominance in the trenches, with a plethora of new pieces in the unit. That is something they must improve upon moving forward, as they open SEC play this weekend.
Here is everything Elko said during his weekly press conference, ahead of Saturday's matchup against Kentucky:
#matchup
1 month ago
On September 10, Shoe Station Group (NASDAQ:SHOE) held its first earnings call under its new name, and the numbers told a story of a company still finding its footing. Second quarter net sales fell 7.2% to $284.3 million from $306.4 million a year earlier, with comparable sales down 7.1%. But buried in the report was a sharper signal: August comparable sales improved to a 2.7% decline, a real jump from the second quarter's pace, and management is pointing to store-by-store product changes as the reason why.
Shoe Station's turnaround argument rests on giving up the idea that every store should look the same. Interim CEO Clifton Sifford said the company had been running nearly identical ***** ortments across its stores even though its two banners serve very different customers, and that approach stopped working. The shift already shows up in the numbers. Once the company localized its athletic ***** ortments ahead of back-to-school, adult athletic sales moved from a low single-digit decline in the second quarter to a low single-digit increase in August.
Running shoes comped positive in both men's and women's categories, and men's work boots, a replenishment category with loyal repeat buyers, grew 2%. Management believes this fall's boot lineup is the best it has fielded in years, heading into what Sifford expects to be a bigger nonathletic fashion cycle. E-commerce sales grew 18.8% even as store traffic fell, and in-store conversion actually improved, evidence that customers who show up are buying; they just are not showing up in the same numbers yet. The company also ended the quarter debt-free with $131.6 million in cash, up $39.7 million from a year ago, giving it room to fund the localized rollout without straining the balance sheet.
The flip side is that the entire second quarter was ugly across the board. Shoe Carnival branded stores, still 63% of revenue, saw sales fall 6.5%, while the newly converted Shoe Station banner dropped 8.4%. Gross profit margin fell 690 basis points to 31.9%, a mix of a promotional footwear market and management's decision to accelerate liquidation of aged inventory, trading margin for cash. That combination cut net income to $6.3 million, or $0.23 per diluted share, down from $19.2 million and $0.70 a year earlier.
Management is not projecting relief anytime soon. Sifford said plainly, "We are not ***** uming the environment improves," and CFO Kerry Jackson noted that gross margins in fiscal August were still running below last year's levels at a pace comparable to the second quarter. Full-year gross margin guidance of 32.5% to 32.7% implies 390 to 410 basis points of compression for the year. Store impairment charges reached $6.7 million on 11 stores year to date, and management has already conceded that the core problem is not price, since conversion rates rose while total customer visits kept falling. That points to a marketing and trust problem rather than a demand problem, and fixing it will take more tha
Shoe Station's turnaround argument rests on giving up the idea that every store should look the same. Interim CEO Clifton Sifford said the company had been running nearly identical ***** ortments across its stores even though its two banners serve very different customers, and that approach stopped working. The shift already shows up in the numbers. Once the company localized its athletic ***** ortments ahead of back-to-school, adult athletic sales moved from a low single-digit decline in the second quarter to a low single-digit increase in August.
Running shoes comped positive in both men's and women's categories, and men's work boots, a replenishment category with loyal repeat buyers, grew 2%. Management believes this fall's boot lineup is the best it has fielded in years, heading into what Sifford expects to be a bigger nonathletic fashion cycle. E-commerce sales grew 18.8% even as store traffic fell, and in-store conversion actually improved, evidence that customers who show up are buying; they just are not showing up in the same numbers yet. The company also ended the quarter debt-free with $131.6 million in cash, up $39.7 million from a year ago, giving it room to fund the localized rollout without straining the balance sheet.
The flip side is that the entire second quarter was ugly across the board. Shoe Carnival branded stores, still 63% of revenue, saw sales fall 6.5%, while the newly converted Shoe Station banner dropped 8.4%. Gross profit margin fell 690 basis points to 31.9%, a mix of a promotional footwear market and management's decision to accelerate liquidation of aged inventory, trading margin for cash. That combination cut net income to $6.3 million, or $0.23 per diluted share, down from $19.2 million and $0.70 a year earlier.
Management is not projecting relief anytime soon. Sifford said plainly, "We are not ***** uming the environment improves," and CFO Kerry Jackson noted that gross margins in fiscal August were still running below last year's levels at a pace comparable to the second quarter. Full-year gross margin guidance of 32.5% to 32.7% implies 390 to 410 basis points of compression for the year. Store impairment charges reached $6.7 million on 11 stores year to date, and management has already conceded that the core problem is not price, since conversion rates rose while total customer visits kept falling. That points to a marketing and trust problem rather than a demand problem, and fixing it will take more tha
1 month ago
A prisoner's premature baby died in hospital a day after he was born by emergency Caesarean section, an inquest has heard.
Orion Homer was born at 01:06 on 15 October 2023 at Royal Derby Hospital at 34 weeks plus five days gestation and died the following day.
An inquest at Derby Coroner's Court heard his mother Ellen Roberts was a prisoner at HMP Foston Hall and was taken to the hospital on 14 October after she raised concerns about reduced foetal movement.
Orion was "gravely unwell and very pale" when he was born and needed CPR and breathing support, the inquest heard.
Roberts had spent some of her pregnancy in prison in June and July 2023, before she was released at the end of July but recalled back on 10 October, the jury inquest heard.
#heard #roberts #july
Orion Homer was born at 01:06 on 15 October 2023 at Royal Derby Hospital at 34 weeks plus five days gestation and died the following day.
An inquest at Derby Coroner's Court heard his mother Ellen Roberts was a prisoner at HMP Foston Hall and was taken to the hospital on 14 October after she raised concerns about reduced foetal movement.
Orion was "gravely unwell and very pale" when he was born and needed CPR and breathing support, the inquest heard.
Roberts had spent some of her pregnancy in prison in June and July 2023, before she was released at the end of July but recalled back on 10 October, the jury inquest heard.
#heard #roberts #july
1 month ago
The game time has been set for the Texas A&M Aggies and the LSU Tigers in their monstrous Week 4 matchup at the end of the month.
According to multiple reports, LSU will host the Aggies for a night game at Death Valley, with kickoff slated for 6:30 p.m. ET in Baton Rouge, Louisiana. This will be the second consecutive meeting between Texas A&M and LSU in Baton Rouge, and the second-straight primetime matchup. The Aggies won last year's contest, 49-25.
After Week 2, Texas A&M is ranked No. 9 in the AP Top 25, while LSU sits at No. 7. Both teams are riding high after strong starts to the season, with the Aggies beating both Missouri State and Arizona State, while the Tigers have wins over Clemson and Louisiana Tech.
We have a week to wait until the matchup, with Texas A&M hosting Will Stein and the Kentucky Wildcats this weekend in College Station. Meanwhile, LSU will have a very tough top-10 matchup against the No. 8 Ole Miss Rebels, pitting coach Lane Kiffin against his former team and creating one of the most intriguing matchups of the college football season this coming Saturday.
Contact/Follow us AggiesWire on X and like our page on Facebook to follow ongoing coverage of Texas A&M news, notes, and opinions.
#louisiana
According to multiple reports, LSU will host the Aggies for a night game at Death Valley, with kickoff slated for 6:30 p.m. ET in Baton Rouge, Louisiana. This will be the second consecutive meeting between Texas A&M and LSU in Baton Rouge, and the second-straight primetime matchup. The Aggies won last year's contest, 49-25.
After Week 2, Texas A&M is ranked No. 9 in the AP Top 25, while LSU sits at No. 7. Both teams are riding high after strong starts to the season, with the Aggies beating both Missouri State and Arizona State, while the Tigers have wins over Clemson and Louisiana Tech.
We have a week to wait until the matchup, with Texas A&M hosting Will Stein and the Kentucky Wildcats this weekend in College Station. Meanwhile, LSU will have a very tough top-10 matchup against the No. 8 Ole Miss Rebels, pitting coach Lane Kiffin against his former team and creating one of the most intriguing matchups of the college football season this coming Saturday.
Contact/Follow us AggiesWire on X and like our page on Facebook to follow ongoing coverage of Texas A&M news, notes, and opinions.
#louisiana