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Durect: Q3 Earnings Snapshot

Published Wed, 26 Feb 2025 00:11:28 GMT

CUPERTINO, Calif. (AP) — CUPERTINO, Calif. (AP) — Durect Corp. (DRRX) on Monday reported a loss of $3 million in its third quarter.On a per-share basis, the Cupertino, California-based company said it had a loss of 14 cents. Losses, adjusted for non-recurring gains, came to 40 cents per share.The results topped Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 41 cents per share.The specialty pharmaceutical company posted revenue of $1.7 million in the period, which missed Street forecasts. Three analysts surveyed by Zacks expected $2.5 million._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on DRRX at https://www.zacks.com/ap/DRRXSource

Peraso: Q3 Earnings Snapshot

Published Wed, 26 Feb 2025 00:11:28 GMT

SAN JOSE, Calif. (AP) — SAN JOSE, Calif. (AP) — Peraso, Inc. (PRSO) on Monday reported a loss of $623,000 in its third quarter.The San Jose, California-based company said it had a loss of 2 cents per share. Losses, adjusted for one-time gains and costs, came to 4 cents per share.The semiconductor technology company posted revenue of $4.5 million in the period._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on PRSO at https://www.zacks.com/ap/PRSOSource

Business Highlights: Boeing gets $52B contract in Dubai; Hyundai factory workers win big pay raise

Published Wed, 26 Feb 2025 00:11:28 GMT

___New rule would make it easier for millions of Americans to unionize, but businesses are pushing backA federal rule that goes into effect next month could make it easier for millions of workers to unionize at big companies like McDonald’s. The National Labor Relations Board rule sets new standards for determining when two companies should be considered “joint employers.” It could force big companies like Burger King or Amazon to participate in labor negotiations alongside their franchisees or contractors. Some business groups have already sued to halt the rule, which is scheduled to go into effect Dec. 26. Democratic Sen. Joe Manchin of West Virginia is also trying to reverse it through legislation. But labor unions say the rule is needed.___Hyundai joins Honda and Toyota in raising wages after auto union wins gains in deals with Detroit 3Hyundai has joined Honda and Toyota in raising factory worker wages after the United Auto Workers union reached new contract agreements with Det...

Denver weather: 60-degree highs until the next cooldown

Published Wed, 26 Feb 2025 00:11:28 GMT

DENVER (KDVR) — Temperatures warmed over the weekend for Denver's weather, and those mild readings look to last through the end of the work week. Temperatures will reach the upper 60s each day through Thursday, which is about 10-15 degrees above normal for this time of year. A cooler trend may arrive by the end of the weekend ahead, according to Pinpoint Weather, Colorado’s Most Accurate Forecast. FOX31 Newsletters: Sign up to get breaking news sent to your inbox Forecast highs across metro Denver on Tuesday from Pinpoint WeatherWeather tonight: Increasing clouds and coldThere will be some clouds moving across the state during the overnight hours. The wind on the Eastern Plains will slow with the setting sun.Temperatures will be cold with below-freezing readings across the Colorado mountains. It will be chilly in the mid-30s through most of metro Denver with some low 40s over parts of the plains.Overnight lows by Tuesday morning across ColoradoWeather tomorrow: Sunny, breezy and m...

Colorado basketball crashes top 5 in women's AP Top 25

Published Wed, 26 Feb 2025 00:11:28 GMT

South Carolina vaulted up to No. 1 in The Associated Press Top 25 women's basketball poll on Monday after a chaotic opening week that saw nine of the top 14 teams in the preseason poll lose, including defending champion and preseason No. 1 LSU.The Gamecocks. who were sixth in the preseason poll, received 23 first-place votes from the 36-member national media panel. Iowa was second with the other 13 first-place ballots. UCLA, Utah and Colorado rounded out the first five. ESPN: Michael Malone extends contract, will be among highest paid coaches LSU fell to seventh after losing its opener to then-No. 20 Colorado. The Buffaloes now have their best ranking since closing out the 1995 season at No. 2. UConn fell from second to eighth after losing to N.C. State, which jumped into the poll at No. 14. Despite the loss, the Huskies now have been ranked for 566 consecutive weeks, breaking a tie with Tennessee for the longest streak ever. “The consistency we’ve had over those 30 years despite ...

Denver City Council to vote on extending homeless emergency declaration

Published Wed, 26 Feb 2025 00:11:28 GMT

DENVER (KDVR) — The Denver City Council will be discussing whether or not to extend the local disaster declaration for the large unhoused population in the Mile High City.The city council will weigh in during Monday's 3:30 p.m. meeting. The disaster declaration is set to expire on Nov. 13. On July 18, Mayor Mike Johnston filed a local emergency declaration over the homeless crisis right after his inauguration. Since then, the declaration has been extended multiple times. However, the number of votes in opposition has grown along the way. Cases of chickenpox reported among children in Denver migrant shelters If it passes again, this would be the fourth extension and would push the date to Dec. 31. That is also the same as the mayor's self-imposed deadline to house 1,000 people. According to the mayor's office's House1000 Progress Dashboard, there have been only 224 people housed so far. It also said there are more than 1,300 units in the pipeline. If it does not pass, the declar...

Mother of D’Sean Perry reflects on last conversation they had after 2022 mass shooting at University of Virginia

Published Wed, 26 Feb 2025 00:11:28 GMT

An emotional conversation was held with a South Florida mother who lost her son during a mass shooting on the campus of the University of Virginia. She’s reflecting on the day that changed several lives forever.“I was in Miami, far away from D’Sean,” Happy Perry said. One year after her son was shot and killed while at school at the University of Virginia, D’Sean Perry‘s mother remembers the last times they spoke.“He told me that they were coming back, on grounds, he was headed to the garage to get in his car,” she said.He never called.Perry was one of three football players who were gunned down last year, while returning to campus after a trip to Washington D.C. To earn extra credit.Police charged a fellow student with the crime.Perry went to school at Gulliver Prep in Pinecrest. He then went on to make a name for himself in football.His mother said that every day, someone in her South Florida community offered love and support.“It’s...

Increased security measures at Dolphin Mall for holiday shopping season

Published Wed, 26 Feb 2025 00:11:28 GMT

As the holiday shopping season kicks into high gear, Sweetwater Police are intensifying security measures at the Dolphin Mall. The focus is on ensuring a safe shopping environment amid the hustle and bustle.“This time of year brings, not only joy and celebration, but also increased demand for security and safety,” said Sweetwater Police Chief Sergio Diez.While most people are worried about getting the best deals or what to buy for someone special, Sweetwater Police are ramping up patrols at Dolphin Mall.Officers, both in uniform and plain clothes, will be patrolling on foot, bicycles, motorcycles, and even utilizing the department’s K-9 units. “Our presence will be highlighted during the holiday season to provide a visible deterrent and a quick response to any potential threats at the Dolphin Mall,” Diez said. The comprehensive approach aims to deter criminal activity and enhance public safety throughout the busy shopping center.In addition to tradition...

Ex-Boris aide barred from Georgia amid opposition crackdown fears

Published Wed, 26 Feb 2025 00:11:28 GMT

A former senior political advisor to ex-U.K. Prime Minister Boris Johnson was detained at the airport in Tbilisi and forced to leave Georgia, where he has been advising the country’s leading opposition party.Speaking to journalists on Monday, the chairman of the United National Movement, Georgia’s main opposition bloc, confirmed that Ben Mallet, a veteran political campaigner, was questioned upon his arrival in the capital. Accusing the government of double standards and sparking a “diplomatic scandal,” Levan Khabeishvili asked: “Can you imagine that a British citizen was not allowed, but they lay a red carpet for [Russian Foreign Minister Sergei] Lavrov and Russian generals?”Border guards questioned Mallet, who works as director of international campaigns for U.S. strategic consultancy The Messina Group, after he arrived on a flight from Paris for talks with opposition leaders. The authorities later issued a formal entry rejection on ambiguous grounds, said ...

Borrell says ‘no’ to Israel’s reoccupying Gaza after war

Published Wed, 26 Feb 2025 00:11:28 GMT

Israel cannot stay in Gaza after the war, EU top diplomat Josep Borrell said on Monday while presenting his vision ahead of his trip to Israel and the Palestinian territories. Borrell’s comments aligned with a warning by U.S. Secretary of State Antony Blinken that Israel cannot reoccupy Gaza after its war with Hamas ends. Israel’s Prime Minister Benjamin Netanyahu had stated earlier that Israel would take “overall security responsibility” for Gaza “for an indefinite period.” Borrell announced on Monday that he will visit Israel and the Palestinian territories this week. Following the Hamas attacks of October 7, Israel’s airstrikes and ground operation in Gaza have led to the killing of more than 11,000 Palestinians, according to figures provided by the Palestinian Authority, including more than 4,500 children. This will be Borrell’s first visit to Israel since becoming EU foreign minister four years ago.Days after the Hamas attack...