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Shares of United Parcel Service fell sharply on Tuesday after the shipping giant reported disappointing earnings that showed its cargo business remains weak.UPS on Tuesday reported second-quarter earnings of $1.79 a share on revenue of $21.8 billion. Wall Street had expected earnings of $1.99 a share on sales of $22.2 billion, according to FactSet. A year ago, UPS earned $2.54 a share on sales of $22.1 billion. The stock fell 12% to $127.73. S&P 500 It increased by about 0.2%. Dow Jones Industrial Average It decreased by approximately 0.1%. The logistics company, seen as a beacon of the economy, also…
Hollywood Democrats are boosting donations to Vice President Kamala Harris, whose presidential campaign is gaining momentum with a string of celebrity endorsements.Democratic fundraiser and actor George Clooney, who in a July 10 New York Times op-ed called on Biden to drop out of the 2024 presidential bid, voiced his support for Harris on Tuesday morning after Biden dropped out of the race over the weekend. “President Biden has demonstrated what true leadership is. He is once again saving our democracy, and we are all so excited to do all we can to support Vice President Harris in her historic challenge,”…
July 15 Theft: 12:56 p.m., 800 block of Almarida Drive. Victim left her vehicle unlocked overnight and had her wallet, clothes and credit cards stolen. Suspect(s) charged the credit card. Child Abuse, DUI: 12:27 a.m., Salmer Avenue and Harrison Avenue. A man was contacted during a traffic stop and found to be driving while intoxicated. A 2-year-old child was in the vehicle. Vehicle theft: At 3 p.m., Michael Drive and Union Avenue, a red 2021 Chevrolet Camaro was stolen. July 16 Robbery, assault: 4:24 a.m., 1200 block of Camden Avenue. A pimp grabbed the victim's arm and took her cellphone…
Washington Speculation is rife about who Kamala Harris will choose as her running mate, but with the Democratic National Convention approaching, Harris must make a decision soon. The vice president is hoping to field a strong field of candidates ahead of the party's nominating convention in Chicago next month. Presidential Candidates President Biden would not have run for reelection this year if he had previously chosen not to, he announced on Sunday. He withdrew from the race and I support Harris. The candidates for vice presidential nomination are: Click here to see related media. Click to enlarge Arizona Senator Mark…
Michael J. HicksMany economic development leaders and elected officials think of their states and cities like businesses: They work on economic development policies, trying to make their regions competitive by offering tax incentives and direct subsidies. They also worry about their image, trying to sell their communities as if they were products or services.This approach is rational and easy to explain, but it is a universal failure.Hicks:Republican areas will become poorer and Democratic areas will become richer.Indiana is a cheap place to hire workers (shockingly high health care costs aside), is conveniently located on a major transportation artery, and has…
Image source, Getty ImagesArticle informationauthor, Madeline Halpertrole, BBC NewsJuly 21, 2024Updated 36 minutes agoPresident Joe Biden has announced that he is withdrawing from the US electoral race and will endorse Vice President Kamala Harris for the Democratic nomination. The decision plunged the party into uncharted territory, but Harris appears to have quickly garnered the support she needs to become the party's official presidential candidate.But nothing has been decided yet, including who he will choose as his running mate in the election.Is Biden still the President of the United States?That's right, he just finished campaigning for reelection to the White House…
Celebrities are questioning President Joe Biden's current whereabouts, with country musician John Rich leading the way.Biden announced Sunday that he would not seek reelection in 2024 and endorsed Democratic presidential candidate Kamala Harris. Biden's decision came after weeks of pressure from within his party and major Democratic donors to step down due to concerns about his age and mental health. Biden said he would not run for reelection but would serve the remainder of his term as president.Just days before, Biden revealed on Wednesday that he had contracted COVID-19 and would be isolating until he recovered. The president has not…
Happy birthday to Daniel Radcliffe, Kathryn Hahn, and all the other celebrities who have birthdays today. Check out the slideshow below to see photos of celebrities who turn one year older on July 23 and learn some fun facts about each of them.Top celebrities born on July 23, 2024Woody Harrelson poses for photographers during a photocall to promote the film “Suncoast” in London, Sunday, January 28, 2024. (Photo by Vianney Le Caere/InVision/Associated Press)Actor Woody Harrelson turns 63Fun fact: He played Joe Biden on multiple episodes of “Saturday Night Live.”Slash of Guns N' Roses jumps onstage to perform during Glastonbury Festival…
WASHINGTON (AP) — Vice President Kamala Harris has secured enough Democratic delegate support to become the party's nominee against Republican Donald Trump, the White House said on Tuesday. Associated Press investigationLeading Democrats have rallied around her after President Joe Biden decided not to run for reelection.The rapid rally around Harris marked an attempt by the party to end weeks of intraparty divisions over Biden's political future and unite around the challenge of defeating Trump with just over 100 days until Election Day. Prominent Democratic elected officials, party leaders and political groups were quick to back the move. Standing behind Harris…
The women, who have run the San Jose market for more than a decade, are upset after security camera footage showed two suspects punching and pushing the women. The store owner said the incident happened on Wednesday when the suspect tried to steal some beer. Phuong Tong has run Smile Market on North 4th Street in San Jose for 16 years and said he has never experienced anything like this. Her sister was working behind the register when a man and woman tried to pay for beer, she said. However, her sister noticed the man had hidden a second bottle…