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Alibaba to split itself into 6 business groups

Published Wed, 26 Feb 2025 01:50:52 GMT

NEW YORK (AP) — Alibaba is splitting itself into into six business groups as the Chinese e-commerce company attempts to become more nimble in reacting to changes in the market and increase the value of those units. U.S.-listed shares of Alibaba Group Holding Ltd. jumped 14% to close at $98.40.Alibaba Group said in a regulatory filing Tuesday that the six new groups will be made up of the Cloud Intelligence Group, Taobao Tmall Business Group, Local Services Group, Global Digital Business Group, Cainiao Smart Logistics and Digital Media and Entertainment Group.The company said that each group will be able to raise outside capital and potentially seek its own initial public offering, except for Taobao Tmall Business Group, which will stay wholly-owned by Alibaba. Each group will be independently managed by its own CEO and board of directors. The Cloud Intelligence Group includes cloud, AI and DingTalk. The Taobao Tmall Business Group includes Taobao, Tmall, Taobao Deals, Taocaicai and ...

Icad: Q4 Earnings Snapshot

Published Wed, 26 Feb 2025 01:50:52 GMT

NASHUA, N.H. (AP) — NASHUA, N.H. (AP) — Icad inc. (ICAD) on Tuesday reported a loss of $3.1 million in its fourth quarter.The Nashua, New Hampshire-based company said it had a loss of 12 cents per share.The imaging and early cancer detection company posted revenue of $6.5 million in the period.For the year, the company reported a loss of $13.7 million, or 54 cents per share. Revenue was reported as $27.9 million._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ICAD at https://www.zacks.com/ap/ICADSource

Terry says he always felt confident he’d earn Texas job

Published Wed, 26 Feb 2025 01:50:52 GMT

AUSTIN, Texas (AP) — Rodney Terry held Texas together in crisis. Then he took the Longhorns on their deepest NCAA Tournament run in 15 years.His reward: Texas removed the “interim” tag from his title and made him the full-time head coach.“I felt confident the whole time to be honest with you,” Terry said Tuesday at his news conference, where the former assistant was introduced as head coach. “I’d prepared my whole life for this opportunity.”Not everyone was so calm about it. As the season wore on and Texas advanced deeper in the NCAA Tournament, the university’s wait-and-see approach became one of the biggest stories of the postseason as fans and players, past and present, wondered what more did he have to prove?For some, March Madness was being mad at Texas for being slow on the decision.Texas finally announced Monday — about 24 hours after the Longhorns’ season ended in the Elite Eight — that Terry was indeed the new head coach.“You had a very long job inte...

EPA cites 2 oil and gas firms over Permian Basin pollution

Published Wed, 26 Feb 2025 01:50:52 GMT

WASHINGTON (AP) — Two Texas companies have resolved Clean Air Act violations with the Environmental Protection Agency by agreeing to reduce emissions of planet-warming methane and other harmful pollutants wafting from the nation’s largest oil and gas producing region.EPA announced Monday that Matador Production Company has agreed to pay $6.2 million in fines and mitigation measures related to 239 oil and gas well pads in New Mexico. Permian Resources Operating agreed earlier this month to pay $610,000 and make improvements to its equipment to settle environmental violations.The enforcement actions came after EPA flew a helicopter equipped with a special infrared camera that can detect emissions of hydrocarbon vapors that are invisible to the naked eye.EPA announced a new round of overflights in August, four days after publication of an investigation by The Associated Press that showed 533 oil and gas facilities in the region are emitting excessive amounts of methane and named ...

81-year-old accused of violently murdering his wife, daughter

Published Wed, 26 Feb 2025 01:50:52 GMT

ENGLEWOOD, Colo. (KDVR) -- An 81-year-old Englewood man is accused of violently killing his wife and daughter.Police say Reginald Maclaren called to report the murders just after 6 p.m. on Saturday, March 25. During the call, he allegedly said he knew the person who killed them and that a hammer had been used in the murders.After responding to the apartment Maclaren was taken to the hospital where police later interviewed him. During that interview, police said he admitted to killing the two women. Cashier arrested in $500,000 Monarch Casino theft When officers arrived at his apartment at 901 Englewood Parkway, they said they found the two victims in the apartment, with one of them having been dismembered.Investigators said an axe and a saw were used during the murders.Police said during an interview with Maclaren he told them he had recently lost his job and would no longer be able to afford rent. In order to avoid being homeless, he allegedly told officers he killed the women so...

Colorado catalytic converter thefts spiked nearly 8,000% since 2019

Published Wed, 26 Feb 2025 01:50:52 GMT

DENVER (KDVR) -- It isn't just auto thefts that are at all-time highs in Colorado, but thefts of car parts themselves. Catalytic converter theft has been spiking through the course of the last three years according to both local law enforcement and national researchers in the insurance and automotive industries. Thieves in the southwest target high-riding automobiles with easy undercarriage access or hybrid vehicles with more precious metal-packed converters. These cars have the most catalytic converters stolen in Boulder In Colorado, catalytic converter theft rates exploded nearly 8,000% in the last three years, according to new analysis of National Insurance Crime Bureau and Google search trends by public data portal BeenVerified. It now has one of the nation's highest rates of these thefts. Thefts mushroomed virtually overnight in the Centennial State. There were 25 catalytic converter thefts in Colorado in 2019. That grew to 2,185 thefts in 2021, a 7,948% increase. Colorado h...

Alarming trend shows more young people being diagnosed with colorectal cancer

Published Wed, 26 Feb 2025 01:50:52 GMT

AURORA, Colo. (KDVR) -- Karissa Rund was just 31 years old when she was diagnosed with stage 4 colorectal cancer. "I was really young, which is part of this increasing trend, unfortunately," Rund said.The Littleton resident sought help when she had horrible stomach pain. "It felt like someone was trying to stab me in half," she said. Scans revealed a tumor blocking her colon. Now seven years later, she's had nine surgeries and years of chemotherapy. She is stable and is starting a clinical trial at the University of Colorado Anschutz Medical Campus."For the last 7 and a half years we've been trying to keep me alive," she said. Colorado women are some of most likely to be married, least likely to have kids While the majority of colorectal cancer cases are still in people over the age of 65, experts say more and more young people are now being diagnosed."Colorectal cancer is the second leading cause of cancer death. It's highly preventable," said Andrew Dwyer, the Col...

Report: Student was landing when 2 small planes collided

Published Wed, 26 Feb 2025 01:50:52 GMT

WINTER HAVEN, Fla. (AP) — A student pilot was trying to land a small plane at a central Florida airport when it collided with another small plane, sending both aircraft crashing into a lake and killing four people, a preliminary report released Tuesday said.A Piper J-3 Cub seaplane and a Piper PA-28 Cherokee fixed-wing plane were both conducting instructional flights when they collided March 7 over Lake Hartridge near Winter Haven Regional Airport, a National Transportation Safety Board report said. Winter Haven is about 40 miles (65 kilometers) southwest of Orlando.According to recorded radio transmissions, the student pilot in the PA-28 was performing landing maneuvers to a runway at the nearby airport. Four seconds after the PA-28 pilot’s final transmission, the plane collided nearly straight on with the J-3 at about 575 feet (175 meters) above sea level, officials said.The J-3 had been returning to its base for a water landing on a nearby lake after a local flight, the rep...

Miami Seaquarium Orca Lolita could be released to sanctuary

Published Wed, 26 Feb 2025 01:50:52 GMT

After more than 50 years, it looks like Lolita the orca whale will be heading back home to the Pacific Northwest.The arguably dangerous move from Virginia Key to a sanctuary off the Washington State Coast came after the killer whale showed a decline in her health last year, which led her to stop performing. A scathing federal report alleged Lolita was in inhumane conditions at the Miami Seaquarium.“Regardless of how many decades she’s been in that tank, for millions of years, her species has evolved to have these needs, and those needs being met is critical for her to thrive,” said General Counsel for PETA Jared Goodman. Now that her health is reportedly stable, a homecoming is possible for Lolita, also known as Toki. The killer whale was captured in the 1970s and has lived in a small enclosure at the seaquarium ever since. She is the second oldest orca to be held in captivity. “The takeover of the facility by the Dolphin Company, which has been willing to wo...

Catalan separatist MEP Clara Ponsatí released after arrest in Spain

Published Wed, 26 Feb 2025 01:50:52 GMT

Clara Ponsatí, a Catalan separatist and MEP, was released after being detained for several hours Tuesday in Barcelona, following years of evading an arrest warrant from the Spanish Supreme Court over a failed independence push.Ponsatí, 66, was the education minister in the Catalan government when the region declared independence from Spain following a 2017 referendum for secession, which Spanish judges deemed to be illegal. She has been living in exile in Scotland and Belgium ever since, after Spain’s top court issued an arrest warrant accusing her of the crime of disobedience for her role in organizing the referendum. She was arrested by Catalonia’s autonomous police force, the Mossos d’Esquadra, while wearing her European Parliament badge, after traveling to Spain for the first time since fleeing the country. The MEP tweeted that she was “illegally” arrested in Barcelona. The supreme court had withdrawn the charge of “sedition” that carrie...