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PLDT: Q3 Earnings Snapshot

Published Tue, 25 Feb 2025 11:34:49 GMT

MAKATI, Philippines (AP) — MAKATI, Philippines (AP) — Philippine Long Distance Telephone Co. (PHI) on Tuesday reported earnings of $168.8 million in its third quarter.On a per-share basis, the Makati, Philippines-based company said it had net income of 78 cents. Earnings, adjusted for non-recurring gains and to account for discontinued operations, were 66 cents per share.The telecommunications company posted revenue of $936.5 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 PHI at https://www.zacks.com/ap/PHISource

Youngkin expresses disappointment in legislative wins by Virginia Democrats, pledges bipartisanship

Published Tue, 25 Feb 2025 11:34:49 GMT

RICHMOND, Va. (AP) — While expressing disappointment in Tuesday night’s legislative wins by Virginia Democrats, GOP Gov. Glenn Youngkin pledged to work with the party’s new legislative majority on bipartisan priorities like improving the mental health care system and economic development over the remainder of his term.Youngkin struck an optimistic tone as he told reporters gathered at the foot of the Capitol steps Wednesday afternoon that the results showed Virginia is a “purple” state.“I’m a little disappointed to be clear,” he said.Democrats have pointed to their support for abortion rights as a winning issue.Youngkin did not directly answer a question about whether he thought his proposed 15-week ban remains viable, but said he thought the results showed Virginia is a purple state.“We all have to come together in order to progress legislation,” Youngkin said.THIS IS A BREAKING NEWS UPDATE. AP’s earlier story follows below.RICHMOND, Va. (AP) — Only a handful of ultra-competitive V...

House Republicans will subpoena Hunter and James Biden as their impeachment inquiry ramps back up

Published Tue, 25 Feb 2025 11:34:49 GMT

WASHINGTON (AP) — House Republicans will issue subpoenas on Wednesday to members of President Joe Biden’s family, taking their most aggressive step yet in an impeachment inquiry bitterly opposed by Democrats that is testing the reach of congressional oversight powers.The subpoenas were expected to be issued later Wednesday afternoon. The long-awaited move by Rep. James Comer, the chairman of the House Oversight Committee, to subpoena the president’s son Hunter and his brother James comes as Republicans look to gain ground in their nearly yearlong investigation. So far, they have failed to uncover evidence directly implicating the president in any wrongdoing.But Republicans say the evidence trail they have uncovered paints a troubling picture of “influence peddling” by Biden’s family in their business dealings, particularly with clients overseas.“Now, the House Oversight Committee is going to bring in members of the Biden family and their associates to questio...

Breast implants play a crucial role in innovative procedure to save life of man with severe lung damage

Published Tue, 25 Feb 2025 11:34:49 GMT

(CNN) — When 34-year-old Davey Bauer’s lungs stopped working, doctors turned to an unusual tool to help keep him alive: large breast implants.Experts say it was an innovative solution to give Bauer’s body time to fight off a nasty infection so it could accept a lifesaving double lung transplant. It maybe the first instance of a potential transplant practice that could save people with infectious disease who probably would not have survived just years ago.Bauer’s casestarted in April, when he felt like he couldn’t catch his breath. The avid snow- and skateboarder had always been healthy. He kept in good shape and maintained a healthy weight working in landscaping in De Soto, Missouri. But he had long been a smoker, starting a pack-a-day cigarette habit when he was 21. He switched to vaping in 2014.“I thought it was the healthier alternative,” Bauer said. ”But, in all honesty, I found it more addicting than cigarettes.”When people smoke or vape, it can leave lung tissue inflamed, maki...

EU balks at US, Israeli pressure for new Hamas sanctions

Published Tue, 25 Feb 2025 11:34:49 GMT

Israel and the United States are piling pressure onto the EU to impose new sanctions on Hamas in the wake of the October 7 attack on Israel in which some 1,400 people were killed.Some EU countries are pushing back, with Portugal’s foreign minister telling POLITICO that new sanctions were a “diversionary tactic” compared to the larger question of statehood for Palestinians.“This is not a central problem,” João Gomes Cravinho said of the proposed sanctions. “We all agreed that Hamas is a terrorist organization [and that] Hamas has committed absolute atrocities.”“The bigger question of developing a Middle East in which Hamas no longer exists, it will not be achieved through a combination of military strikes and sanctions,” he added. “It has to come about through the development of a settlement that provides the Palestinians with their own state and with all the characteristics of a state recognized by the international communi...

Belgium deputy PM wants Israel sanctioned over Gaza war

Published Tue, 25 Feb 2025 11:34:49 GMT

Petra De Sutter, Belgium’s deputy prime minister from the Greens, called on the country’s government to sanction Israel on Wednesday. “It is time for sanctions against Israel. The bombing is inhumane,” she posted on X, formerly Twitter. “While war crimes are being committed in Gaza, Israel ignores the international demand for a cease-fire.”De Sutter called for an “immediate” suspension of the association agreement between the EU and Israel, and proposed that Belgium allocate extra funds for the International Criminal Court to investigate war crimes by Israel and Hamas, she said in a press release.De Sutter also stressed people and companies who supply Hamas with money must be sanctioned, while violent settlers, politicians and military figures responsible for war crimes should face an entry ban.“Israel’s bombing increases the Palestinians’ total hopelessness. Without a real solution, the violence will continue to repeat itself. That is wh...

Cate Blanchett urges EU to treat asylum crisis with ‘humanity’

Published Tue, 25 Feb 2025 11:34:49 GMT

Actress Cate Blanchett, a goodwill ambassador for the U.N.’s refugee agency (UNHCR), on Wednesday called on the European Union to focus on protecting displaced refugees while rejecting “dangerous myths” about migration.“I am not denying that this is complex,” Blanchett said, while addressing the European Parliament. “But this is the European Union. And addressing the challenges of forced displacement and mixed movements requires unity, international cooperation, resources and patient, compassionate work.”Earlier this week, UNHCR called for “an immediate humanitarian cease-fire” in Gaza, where conflict “has claimed and is still claiming thousands of innocent lives,” Blanchett said. War has been raging in the region since Hamas launched a surprise attack on Israel on October 7, killing 1,400 and triggering a deadly retaliation from Israel, which in turned has killed more than 10,000 Palestinians, according to the Hamas-run health ministry in Gaza.But this is “far from the only v...

Breast implants play crucial role in innovative procedure to save life of man with severe lung damage

Published Tue, 25 Feb 2025 11:34:49 GMT

(CNN) — When 34-year-old Davey Bauer’s lungs stopped working, doctors turned to an unusual tool to help keep him alive: large breast implants.Experts say it was an innovative solution to give Bauer’s body time to fight off a nasty infection so it could accept a lifesaving double lung transplant. It may be the first instance of a potential transplant practice that could save people with infectious disease who probably would not have survived just years ago.Bauer’s case started in April, when he felt like he couldn’t catch his breath. The avid snow- and skateboarder had always been healthy. He kept in good shape and maintained a healthy weight working in landscaping in De Soto, Missouri. But he had long been a smoker, starting a pack-a-day cigarette habit when he was 21. He switched to vaping in 2014.“I thought it was the healthier alternative,” Bauer said. ”But, in all honesty, I found it more addicting than cigarettes.”When people smoke or vape, it can leave lun...

FDA approves Eli Lilly’s diabetes drug Mounjaro for obesity under new name, Zepbound

Published Tue, 25 Feb 2025 11:34:49 GMT

(CNN) — The US Food and Drug Administration approved the type 2 diabetes drug tirzepatide for use in chronic weight management Wednesday, making official the use of a medicine already widely prescribed off-label for weight loss.The drug, called Mounjaro for diabetes, will be called Zepbound for weight loss, according to a news release from the FDA. Made by Eli Lilly, it’s part of a new class of drugs that includes semaglutide, known as Ozempic for diabetes and Wegovy for weight loss, which have skyrocketed in popularity in recent years.Zepbound was shown in clinical trials to yield more than 20% average weight loss on higher doses over 72 weeks, stronger results than seen with other approved medicines. The FDA cleared it for people with obesity or those characterized as overweight with at least one weight-related health condition, such as high blood pressure or heart disease, the same indication as for Wegovy. Like similar drugs, it’s taken as a shot patient...

Massive chemical plant fire near Houston forces school to evacuate and residents to shelter in place

Published Tue, 25 Feb 2025 11:34:49 GMT

(CNN) — Thick plumes of opaque black smoke billowed into the Texas sky Wednesday after a Houston-area chemical plant caught fire – forcing nearby students to evacuate and residents to shelter in place.The inferno was burning Wednesday morning at the Sound Resource Solutions plant in Shepherd, about 60 miles northeast of Houston, a dispatcher from the San Jacinto County Sheriff’s Office said.The facility focuses on recycling and distributing chemicals, including acids and solvents, the company’s website says.It was not immediately clear what started the fire or whether anyone was injured. A private school on the same road as the plant was safely evacuated, the San Jacinto County Office of Emergency Management said.By late Wednesday morning, the area under a shelter-in-lace order had been reduced to a 1-mile radius from a 5-mile radius, the emergency management office said.Thick black smoke shot up from the plant as the flames kept burning ...