Home

Finance may be junked from EU climate law, leaked memo shows. Critics say it could be unenforceable

Published Tue, 25 Feb 2025 08:20:21 GMT

LONDON (AP) — A flagship EU law intended to push European companies toward net zero faces being seriously weakened by member states, a confidential document passed to The Associated Press reveals, with firms seemingly no longer forced to implement Paris Agreement goals.The Corporate Sustainability Due Diligence Directive was designed to make companies eliminate environmental and human rights violations throughout all areas of their business. The legislation was meant to ensure firms’ operations were aligned with a global rise in temperatures of no more than 1.5 degrees Celsius (2.7 Fahrenheit). But a Nov. 9 briefing obtained by The AP details a watered-down proposal that would drop the entire financial sector from the initial law. Banks and insurers are among Europe’s biggest contributors to global warming, by financing or insuring new oil and gas projects, or agribusinesses that chop down tropical rainforests. Nonprofits also warn the new proposal would mean firms merely need to ha...

Beam Global: Q3 Earnings Snapshot

Published Tue, 25 Feb 2025 08:20:21 GMT

SAN DIEGO (AP) — SAN DIEGO (AP) — Beam Global (BEEM) on Tuesday reported a loss of $3.6 million in its third quarter.The San Diego-based company said it had a loss of 26 cents per share.The results beat Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for a loss of 28 cents per share.The company posted revenue of $16.5 million in the period, which did not meet Street forecasts. Five analysts surveyed by Zacks expected $16.8 million.Beam Global shares have fallen 65% since the beginning of the year. The stock has dropped 61% in the last 12 months._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on BEEM at https://www.zacks.com/ap/BEEMSource

Gamida Cell: Q3 Earnings Snapshot

Published Tue, 25 Feb 2025 08:20:21 GMT

BOSTON (AP) — BOSTON (AP) — Gamida Cell Ltd. (GMDA) on Tuesday reported a loss of $1.5 million in its third quarter.The Boston-based company said it had a loss of 1 cent per share.The biopharmaceutical company posted revenue of $673,000 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 GMDA at https://www.zacks.com/ap/GMDASource

Workhorse: Q3 Earnings Snapshot

Published Tue, 25 Feb 2025 08:20:21 GMT

SHARONVILLE, Ohio (AP) — SHARONVILLE, Ohio (AP) — Workhorse Group Inc. (WKHS) on Tuesday reported a loss of $30.6 million in its third quarter.The Sharonville, Ohio-based company said it had a loss of 14 cents per share.The truck and drone manufacturer posted revenue of $3 million in the period.Workhorse expects full-year revenue in the range of $10 million to $15 million._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on WKHS at https://www.zacks.com/ap/WKHSSource

Is it illegal to hang items from your rearview mirror in Colorado?

Published Tue, 25 Feb 2025 08:20:21 GMT

DENVER (KDVR) — In some states, hanging fuzzy dice, rosaries, graduation tassels, air fresheners or even masks from your rearview mirror is illegal. When it comes to Colorado law, it's fairly vague.Some states specifically prohibit hanging items from the rearview mirror. In Minnesota, the law is clear.“A person shall not drive or operate any motor vehicle with … any objects suspended between the driver and the windshield, other than: sun visors; rearview mirrors; driver feedback and safety monitoring equipment when mounted immediately behind, slightly above, or slightly below the rearview mirror,” the Minnesota law states. These Denver spots have the most car crashes It specifically mentions that no items can be between the driver and the view of the road, except for necessities.When it comes to Colorado, the law is not as obvious.There are a few statutes in Colorado for obstruction of view, but the only statute that could relate to something hanging from your rearview mirror is 4...

Massive dust devil strikes Florida work site

Published Tue, 25 Feb 2025 08:20:21 GMT

NEW PORT RICHEY, Fla. (WSVN) — A colossal dust devil, a rare and terrifying sight, unexpectedly emerged at a Florida work site last week, caught on video by Kenneth Meeks in New Port Richey. Dust devils, short-lived and less intense tornadoes, form when the sun heats the ground during late morning or early afternoon hours.Meeks’ footage captured the swirling phenomenon, caused by light desert breezes, with wind speeds less than 70 mph. Dust devils are generally harmless, not associated with thunderstorms or clouds, making them a fascinating yet typically weak natural occurrence.

Water main break floods A1A in Hollywood, causes road closure

Published Tue, 25 Feb 2025 08:20:21 GMT

 A water main break near Sheridan Street has led to significant flooding on A1A, causing traffic disruptions in the area. Live video footage captured cars cautiously navigating through the flooded road while public utility workers strive to repair the leak.7Skyforce’s aerial views showcase water spewing from the ground, with utility workers using metal detectors to locate and shut off the valve. In response to the incident, northbound lanes of A1A between New Mexico Street and Sheridan Street are temporarily closed for repairs.Drivers are reminded that attempting to navigate flooded streets can result in damage and getting stuck. Please check back on WSVN.com and 7News for more details on this developing story.

EU ‘lacked momentum’ on Balkan enlargement, says Serbia’s Europe minister

Published Tue, 25 Feb 2025 08:20:21 GMT

BRUSSELS — The EU waited too long to bring countries from the Western Balkans into its orbit, according to Serbia’s Europe minister.Belgrade’s point person on EU integration, Tanja Miščević, said Monday that although the bloc reacted quickly on Ukraine’s prospective membership, the EU’s “lack of momentum” on the Western Balkans tarnished the bloc’s reputation in the region.  “The EU did not react as fast as it reacted with Ukraine, Moldova and Georgia two years ago, or now. They missed the same type of reaction at the beginning of this century when it comes to the Western Balkans,” Miščević told POLITICO in Brussels, where she attended a meeting of EU foreign ministers and their Balkan counterparts.Miščević added that after the end of the Yugoslav Wars, the EU’s appetite for enlargement “was not as enthusiastic as it is now, there was no momentum … as … now created because of Ukraine primarily.”So-called enlargement fatigue triggered a ...

Schools remain closed in Andover, rally planned in Boston as teachers strike continues

Published Tue, 25 Feb 2025 08:20:21 GMT

A rally is planned in front of the State House in Boston Tuesday in support of the ongoing teacher strike in Andover as the union and school committee will return to the bargaining table in the hopes of coming to an agreement that will return kids to the classrooms. An Essex Superior Court judge ruled Monday that the Andover Education Association will face large fines for each day the illegal teachers strike continues. Hours later, it was announced that school would be canceled again Tuesday after a fourth day of failing to reach a contract agreement.News of the ruling came after striking teachers in Andover made their voices heard, interrupting a planned school committee news conference. The judge’s ruling means the union will face a $50,000 fine for Monday and that figure will increase $10,000 a day for each day the strike carries on.Members of the Andover Education Association voted on Friday to authorize a strike after months of negotiations with the Andover School Committ...

Palestinian flag to fly over North Andover Town Common after Select Board approves application

Published Tue, 25 Feb 2025 08:20:21 GMT

Dozens of people crowded into North Andover High School on Monday to voice their opinions during a lively Select Board meeting where a proposal to fly the Palestinian flag above Town Common was ultimately approved.The request to fly the flag on the Town Common flag pole was approved after about an hour of public comment, during which those gathered spoke both in favor of and against flying the flag amid the ongoing conflict between Israel and Hamas.“It’s a big deal for us to see the Palestinian flag that many of us think represents the attempted genocide of the Jewish people,” said Rabbi Iden Irelander. “It basically represents Hamas, since they are the elected ruling party in Gaza.” One supporter said, “It’s a flag that represents its people, it’s a flag that represents a nation, the heritage of the people, their traditions, their culture and it doesn’t represent a terrorist group.” This application came after an Israeli f...