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Ivanka Trump offers subdued testimony in New York fraud trial: Recap

Published Tue, 25 Feb 2025 14:25:24 GMT

Unlike her father and brothers before her, Ivanka Trump’s testimony in a civil case that targets the family business was largely subdued on Wednesday.The former president’s daughter spent hours on the witness stand, fielding questions from both state lawyers and those representing former President Trump, who is one of several defendants in the case. Ivanka Trump was later previously as a defendant in the matter.The trial began on Oct. 2 and is expected to last until mid-December. Ivanka Trump was the state’s last witness to be called to the stand this week. The defense will present its case to the judge, and it’s own set of witnesses begining Monday.Follow below for a recap of the day’s events from The Hill’s Ella Lee in the courtroom in New York.

Martínez comes off the bench to fire Inter into last 16 of Champions League with 1-0 win at Salzburg

Published Tue, 25 Feb 2025 14:25:24 GMT

SALZBURG, Austria (AP) — Lautaro Martínez came off the bench and scored as Inter Milan won 1-0 at Salzburg on Wednesday to advance to the knockout stage of the Champions League with two matches to spare.Martínez was one of the players initially rested by Inter coach Simone Inzaghi. He was brought on in the 68th minute along with Nicolò Barella, who won the penalty which Martínez tucked away in the 85th.It was the 14th goal of the season in all competitions for Argentine World Cup winner Martínez.Inter, last season’s runner-up, is level on 10 points with Real Sociedad at the top of Group D. Sociedad also booked its place in the round of 16 thanks to Inter’s result, after earlier beating Benfica 3-1. Salzburg has three points and Benfica zero.Serie A leader Inter knew victory in Austria would see it advance in Europe and the team was coming off a run of five straight wins.The match was played at a high tempo from the start but both teams struggled to create clear opportunities before ...

B&G Foods: Q3 Earnings Snapshot

Published Tue, 25 Feb 2025 14:25:24 GMT

PARSIPPANY, N.J. (AP) — PARSIPPANY, N.J. (AP) — B&G Foods Inc. (BGS) on Wednesday reported a loss of $82.7 million in its third quarter.The Parsippany, New Jersey-based company said it had a loss of $1.11 per share. Earnings, adjusted for one-time gains and costs, were 27 cents per share.The results beat Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 23 cents per share.The food producer posted revenue of $502.7 million in the period, falling short of Street forecasts. Three analysts surveyed by Zacks expected $504 million.B&G Foods expects full-year earnings in the range of 93 cents to $1.13 per share, with revenue in the range of $2.05 billion to $2.07 billion.B&G Foods shares have decreased 22% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $8.71, a drop of 43% in the last 12 months._____This story was generated by Automated Insights (http://automated...

Affirm Holdings: Fiscal Q1 Earnings Snapshot

Published Tue, 25 Feb 2025 14:25:24 GMT

SAN FRANCISCO (AP) — SAN FRANCISCO (AP) — Affirm Holdings Inc. (AFRM) on Wednesday reported a loss of $171.8 million in its fiscal first quarter.On a per-share basis, the San Francisco-based company said it had a loss of 57 cents. Earnings, adjusted for stock option expense and restructuring costs, came to less than 1 cent on a per-share basis.The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 8 cents per share.The operator of digital commerce platform posted revenue of $496.5 million in the period, which topped Street forecasts. Seven analysts surveyed by Zacks expected $444.9 million.For the current quarter ending in December, Affirm Holdings said it expects revenue in the range of $495 million to $520 million.Affirm Holdings shares have more than doubled since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $21.76, a rise of 39% in the last 12 months._____This story was generated by Automated Insigh...

Giants QB Daniel Jones not second-guessing decision to re-enter Raiders game

Published Tue, 25 Feb 2025 14:25:24 GMT

EAST RUTHERFORD, N.J. (AP) — New York Giants quarterback Daniel Jones isn’t second-guessing his decision to re-enter the game after feeling some instability in his right knee and having it buckle in the first half against the Las Vegas Raiders last week.Speaking Wednesday for the first time since his season-ending ACL injury was disclosed two days ago, Jones vividly recalled the two plays leading up to his injury in the 30-6 loss to the Raiders on Sunday in Las Vegas.On the last play of the first quarter, he dropped back to pass and his leg gave out.“I just tried to make a cut and I felt my knee kind of shift a little bit, kind of buckled in a different way and I wasn’t exactly sure what it was,” said Jones, who was just returning to the lineup for the Giants after missing three games with a neck injury. “Just knew it kind of felt different.”Jones went to the medical tent on the sideline, was examined, jogged on the leg and did light cutting for doctors and trainers. He was re...

Fathom Holdings: Q3 Earnings Snapshot

Published Tue, 25 Feb 2025 14:25:24 GMT

CARY, N.C. (AP) — CARY, N.C. (AP) — Fathom Holdings Inc. (FTHM) on Wednesday reported a loss of $5.5 million in its third quarter.On a per-share basis, the Cary, North Carolina-based company said it had a loss of 34 cents.The company posted revenue of $93.5 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 FTHM at https://www.zacks.com/ap/FTHMSource

Aqua Metals: Q3 Earnings Snapshot

Published Tue, 25 Feb 2025 14:25:24 GMT

RENO, Nev. (AP) — RENO, Nev. (AP) — Aqua Metals Inc. (AQMS) on Wednesday reported a loss of $4.5 million in its third quarter.The Reno, Nevada-based company said it had a loss of 4 cents per share.The lead recycler posted revenue of $25,000 in the period.In the final minutes of trading on Wednesday, the company’s shares hit 95 cents. A year ago, they were trading at 78 cents._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on AQMS at https://www.zacks.com/ap/AQMSSource

Digital Turbine: Fiscal Q2 Earnings Snapshot

Published Tue, 25 Feb 2025 14:25:24 GMT

AUSTIN, Texas (AP) — AUSTIN, Texas (AP) — Digital Turbine Inc. (APPS) on Wednesday reported a fiscal second-quarter loss of $161.5 million, after reporting a profit in the same period a year earlier.On a per-share basis, the Austin, Texas-based company said it had a loss of $1.61. Earnings, adjusted for asset impairment costs and amortization costs, came to 13 cents per share.The results did not meet Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 15 cents per share.The mobile software company posted revenue of $143.3 million in the period, which also missed Street forecasts. Three analysts surveyed by Zacks expected $146 million.For the current quarter ending in December, Digital Turbine expects its per-share earnings to range from 16 cents to 19 cents.The company said it expects revenue in the range of $144 million to $150 million for the fiscal third quarter.Digital Turbine shares have declined 67% since t...

AcelRx Pharmaceuticals: Q3 Earnings Snapshot

Published Tue, 25 Feb 2025 14:25:24 GMT

HAYWARD, Calif. (AP) — HAYWARD, Calif. (AP) — AcelRx Pharmaceuticals Inc. (ACRX) on Wednesday reported a loss of $1.4 million in its third quarter.The Hayward, California-based company said it had a loss of 8 cents per share.The drugmaker posted revenue of $117,000 in the period.In the final minutes of trading on Wednesday, the company’s shares hit 53 cents. A year ago, they were trading at $1.97._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ACRX at https://www.zacks.com/ap/ACRXSource

Sleeping cabins project to come to an end after council vote

Published Tue, 25 Feb 2025 14:25:24 GMT

After two years and occupying two different locations in Kingston, the sleeping cabins project led by Our Livable Solutions and supported by the City of Kingston will come to an end in spring of 2024. To date the cabins have been moved between Portsmouth Olympic Harbour and Centre 70, with the City of Kingston seeking a permanent home and considering either Rodden Park or Rideau Marina as locations for a term of at least three years.Rideau Marina had been noted as the preferred option given Homestead Land Holdings’ offer to lease the land to the city for free for three years and provide funding of up to $750,000, although some residents questioned the motive for their offer after their previous project proposal on the site was shot down in 2020.On Tuesday council considered those two new location options along with continuing to transfer the cabins between the two previous sites, as well as the final option of ending the program altogether. Multiple delegates at the meeting we...