Rebecca Grossman floored her high-powered Mercedes SUV on a quiet residential street, speeding up to 81 mph and barely braking before fatally striking two boys in a Westlake Village crosswalk, a veteran crash investigator testified at the L.A. socialite’s murder trial Wednesday. Grossman tapped the brakes a second and a half before she slammed into Mark and Jacob Iskander, traveling 73 mph in a 45-mph zone, according to Michael Hale, an investigator with the Orange County district attorney’s… Source link

This is The Takeaway from today’s Morning Brief, which you can sign up to receive in your inbox every morning along with: The Dow Jones Industrial Average (^DJI), Nasdaq 100 (^NDX), and S&P 500 (^GSPC) all notched record highs on Wednesday. The latter, the world’s benchmark stock index, also came tantalizingly close to hitting the big, psychological 5,000 level for the first time. Meanwhile, stocks are now in one of the seasonally weakest months of the year, with an even weaker month ahead… Source link

Disney (DIS) said it will boost its cash dividend by 50% on Wednesday as the entertainment giant reported fiscal first quarter earnings that beat expectations while streaming losses narrowed. Disney reported adjusted earnings of $1.22 a share — a significant beat compared with the $0.99 analysts polled by Bloomberg had expected. The company also guided to full-year fiscal 2024 earnings of $4.60 a share, an increase of at least 20% versus 2023. Revenue came in at $23.5 billion, a slight miss… Source link

Former Kansas, NBA center Scot Pollard awaiting heart transplant in ICU – Yahoo Sports Advertisement Advertisement Advertisement Advertisement Advertisement Advertisement Advertisement Advertisement Advertisement Advertisement Advertisement Advertisement Source link

Tracking all the NBA trades leading up to Thursday’s deadline – Yahoo Sports Advertisement Advertisement Advertisement Advertisement Advertisement Advertisement Advertisement Advertisement Advertisement Advertisement Advertisement Advertisement Advertisement Advertisement Source link

Geno Auriemma trails only Mike Krzyzewski and Tara VanDerveer on the college basketball all-time win’s list. (David Butler II/USA Today) Geno Auriemma joined an elite group of college basketball coaches on Wednesday night. The longtime UConn women’s basketball coach picked up his 1,200th career win after the Huskies cruised to a 67-34 win over Seton Hall. He’s now just the third coach in history, men’s or women’s, to reach the 1,200 wins mark. Only former Duke men’s coach Mike… Source link

(Bloomberg) — The historic rally in US stocks continued to power ahead, with the S&P 500 closing within a striking distance of 5,000. Most Read from Bloomberg Gains on Wednesday were fueled by a renewed surge in big tech and a strong sale of 10-year Treasuries that dimmed supply concerns. While bonds barely budged, equities extended their bull run on prospects that a solid economy will continue fueling corporate profits. In late trading, Walt Disney Co. and Arm Holdings Plc jumped on upbeat… Source link

2024 NBA trade deadline tracker: All the latest news, rumors, deals – Yahoo Sports Advertisement Advertisement Advertisement Advertisement Advertisement Advertisement Advertisement Advertisement Advertisement Advertisement Advertisement Advertisement Advertisement Advertisement Source link

By Manya Saini (Reuters) – PayPal’s forecast of flat growth in adjusted profit for the current year overshadowed its market-beating earnings report, sending shares of the payments giant down 7% in extended trading. On a post-earnings call, newly appointed CEO Alex Chriss laid out a strategic plan to turn the company leaner in its pursuit of driving profitable growth and ease pressure on its shares, which was one of the worst performers on the Nasdaq 100 Index in 2023. “We want to be clear eye… Source link

Snap stock (SNAP) tanked on Wednesday, sinking almost 35% as investors digested another disappointing quarterly report. The Snapchat parent company posted Q4 quarterly revenue of $1.36 billion, below Street estimates for $1.38 billion. The company has now missed revenue estimates on six of the last eight reports. And now, it says it expects to lose more money in the current quarter than Wall Street expected too. The company is now projecting an adjusted EBITDA loss in a range of $55 million… Source link