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Regulators to announce decision in $31B freight rail merger

Published Wed, 26 Feb 2025 02:01:38 GMT

OMAHA, Neb. (AP) — The first major railroad merger since the 1990s could be approved Wednesday when federal regulators announce their decision on Canadian Pacific’s $31 billion acquisition of Kansas City Southern railroad.The U.S. Surface Transportation Board has been reviewing the deal since it was agreed to back in 2021. The STB plans to post its decision online Wednesday morning.This deal was nearly derailed in 2021 when Canadian National offered $33.6 billion and Kansas City Southern agreed to that offer. But that competing deal fell apart after the Surface Transportation Board rejected part of Canadian National’s acquisition plan.Regulators said in a report earlier this year that the only major impact of the deal would be more noise in places where train traffic is expected to increase significantly. The Surface Transportation Board essentially rejected concerns that the deal would create problems in towns along the tracks by blocking crossings for extended periods ...

Audacy: Q4 Earnings Snapshot

Published Wed, 26 Feb 2025 02:01:38 GMT

PHILADELPHIA (AP) — PHILADELPHIA (AP) — Audacy, Inc. (AUD) on Wednesday reported fourth-quarter earnings of $12.2 million.On a per-share basis, the Philadelphia-based company said it had profit of 9 cents. Losses, adjusted for non-recurring gains, came to 9 cents per share.The radio broadcasting company posted revenue of $342 million in the period.For the year, the company reported that its loss widened to $140.7 million, or $1.01 per share. Revenue was reported as $1.25 billion.The company’s shares closed at 15 cents. A year ago, they were trading at $2.86._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on AUD at https://www.zacks.com/ap/AUDSource

Howard University hosts send-off for men’s basketball team ahead of NCAAs

Published Wed, 26 Feb 2025 02:01:38 GMT

The Howard University men’s basketball team is competing in the NCAA tournament for the first time since 1992. The school showed its appreciation Tuesday as a crowd gathered for an exciting send-off.“There’s definitely a buzz,” said small forward Steve Settle III. “We work as hard as any team in the country.”(new Image()).src = "https://capi.connatix.com/tr/si?token=9be9c680-c459-4acb-af21-654a2ccca384&cid=c2ffed0c-3624-46c0-b10f-97c976d290a3";cnx.cmd.push(function() { cnx({ playerId: "9be9c680-c459-4acb-af21-654a2ccca384",mediaId: "10d3fbbe-772b-4012-b90f-47acd444f22a"}).render("d44168793999431e96d387361ee25130"); });With music playing in the background, students and fans cheered as team members showed up one by one and boarded a bus.“We’ve been trusting the work all season and we’ve seen the results so we’re going to just keep trusting that work,” Settle said.More Sports NewsMore College Basketball NewsBracket Br...

Just how Irish is Colorado?

Published Wed, 26 Feb 2025 02:01:38 GMT

DENVER (KDVR) — St. Patrick's Day is this Friday, and Denverites and Coloradans will no doubt join the festivities despite only middling levels of Irish ancestry. St. Patrick's Day is impressively festive - it is the nation's third-most popular drinking day with 4.2 drinks consumed per person and over 13 million pints of Guinness downed. One in 10 Americans claim to have some Irish ancestry. That's roughly six times as many people claiming to have Irish ancestry than those who actually live in Ireland. Best ways to enjoy whiskey this St. Patrick’s Day Colorado isn't the most Irish state, however, and the Denver metro isn't the most Irish area. Both the state and its major population center are about average in terms of their concentration of Irish ancestry. According to the U.S. Census Bureau American Community Survey, 10.84% of Coloradans claim some Irish ancestry, ranking 22nd in the nation. The U.S. has its greatest concentration of Irish ancestry in New England. New Hampshire ...

Labrador Retrievers are no longer the most popular dog breed

Published Wed, 26 Feb 2025 02:01:38 GMT

DENVER (KDVR) -- For the first time ever, the French Bulldog has been named the most popular dog, the American Kennel Club announced Wednesday.That means the 31-year reign is over for the Labrador Retriever. FOX31 viewers help Bailey the service dog However, there is a different dog on top in Denver and that is the Golden Retriever, according to the AKC.“The Golden Retriever is the number one breed for a reason,” said AKC Executive Secretary Gina DiNardo. “They’re eager to please, highly trainable, and loyal to their families.”What are the top dog breeds in Denver?The AKC said these are the top five dog breeds in Denver for 2022:Golden RetrieverFrench BulldogLabrador RetrieverGerman Shepherd DogBulldog 43% of Colorado dog owners would spend over $4,000 to save their dog The Golden Retriever was also the most popular dog breed in Pittsburgh and Seattle, according to the AKC.How committed are Coloradans to their dogs?Colorado has the most devoted dog lovers in the entire country, ...

World Essential Workers Day recognizes unsung heroes

Published Wed, 26 Feb 2025 02:01:38 GMT

If you know any nurses, firefighters, or police officers, or if you happen to cross paths with any essential workers, it might be a good time to show appreciation. Wednesday marks World Essential Workers Day and it expresses gratitude to all essential workers whose contributions often go unrecognized.It started in 2021 when nine-year-old Ja’Nay Ratcliff from central Texas, founded it after she saw people risking their health to help others during the COVID-19 pandemic.She convinced a local mayor to help her highlight workers in critical roles.To honor an essential worker simply thank them, but if you’re feeling generous you can also offer to pay for their coffee or meal.

Roads reopened following deadly crash in NW Miami-Dade

Published Wed, 26 Feb 2025 02:01:38 GMT

Roads in Northwest Miami-Dade that were closed after a deadly crash on US 441 and County Line Road have been reopened. The crash, which occurred early Wednesday, resulted in the death of the driver of a rolled-over vehicle.The car was traveling at a high speed when it rolled onto a sidewalk and landed in the parking lot of a Lehman Hyundai car dealership. The impact of the crash caused damage to several cars on the lot. 7SkyForce footage captured the scene where stunned employees of the dealership looked on as the damaged vehicle was towed away.The crash forced the closure of both the northbound and southbound lanes of US 441, causing significant traffic delays in the area. Despite the roads being reopened, southbound delays remain evident in the area. Drivers are being advised to avoid the road and use alternate routes to bypass delays during their morning commute.

UK to swerve recession this year as Hunt vows ‘budget for growth’

Published Wed, 26 Feb 2025 02:01:38 GMT

LONDON — Britain will duck a technical recession this year, Chancellor Jeremy Hunt said, as he delivered the U.K.’s budget Wednesday with a pitch to ease the cost-of-living and turn around the country’s sluggish economic growth prospects.Introducing the “budget for growth” — the first full-fat fiscal event under prime minister Rishi Sunak — in the House of Commons, Hunt said the U.K. economy had “proved the doubters wrong” as he pointed to a smaller economic contraction this year than originally forecast. And he unveiled a plan to try and ease the eye-watering costs of childcare in the U.K., some of the highest in the world. The opposition Labour Party said the budget fell far short of the “major surgery” needed.In key measures unveiled by the U.K. chancellor Wednesday:— On childcare, shaping up to be one of the key battlegrounds of the next election, Hunt promised working parents with children under the age of 4 would be offered 30 ho...

Healey Lifting Remnants Of COVID Emergency On May 11

Published Wed, 26 Feb 2025 02:01:38 GMT

The Healey administration will lift the state’s modified COVID-19 public health emergency effective May 11, and Gov. Maura Healey on that day also plans to walk back a vaccine mandate for tens of thousands of executive branch workers. Healey’s office announced Wednesday morning it plans to end the state-level public health emergency in alignment with the May 11 end of the federal public health emergency. Former Gov. Charlie Baker declared a state of emergency in March 2020, then issued a modified public health emergency in May 2021 and lifted the original state of emergency in June 2021. As part of the transition to the next phase of life with the virus, Healey said she plans to rescind a Baker executive order that required executive branch workers to undergo a primary vaccination series against COVID-19 or secure a medical or religious exemption. That policy proved controversial, prompting a legal fight with the State Police Association of Massachusetts. Baker’s o...

Key inflation measure shows wholesale prices fell last month

Published Wed, 26 Feb 2025 02:01:38 GMT

(CNN) — A key measure of inflation fell dramatically in February, according to the latest Producer Price Index, which tracks what America’s producers get paid for their goods and services.Producer price increases slowed to an annual pace of 4.6% last month, significantly down from 6% in January, the Labor Department reported Wednesday. February prices fell by 0.1% after rising 0.7% in January.Economists surveyed by Refinitiv had been expecting the 12-month rise in wholesale prices to slow to a 5.4% increase.Taking out the often volatile food and energy components, core PPI also notched some stark declines: annual price increases dropped to 4.4%, and the index was unchanged from the month before (0% growth). Those are down from January’s downwardly revised 5% annual price gain and 0.1% monthly increase.Contributing to the headline PPI decline was a 0.2% drop in final demand goods, which had spiked 1.2% in January, according to Bureau of Labor Statistics data. The fi...