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Stock market today: Wall Street’s rally fades after Tesla and Netflix fall

Published Fri, 01 Nov 2024 06:24:09 GMT

NEW YORK (AP) — Stocks are slipping Thursday following a mixed set of profit reports, forcing a cooldown for Wall Street’s torrid rally.The S&P 500 was 0.3% lower in morning trading, coming off its highest close since early April 2022 and its seventh gain in the last eight days. The Dow Jones Industrial Average was up 261 points, or 0.7%, at 35,322, as of 11 a.m. Eastern time. The Nasdaq composite was 1.3% lower and on track for its worst drop in six weeks.Two of the most popular stocks, Netflix and Tesla, helped weigh on the market after the companies reported how much profit they earned during the spring.Tesla tumbled 7.3% despite reporting stronger profit and revenue than expected. Analysts said investors may be concerned about how profitable the electric vehicle maker will be after cutting prices. Planned factory downtime during the summer for upgrades could also weigh on its upcoming results.Because Tesla is one of the most valuable companies on Wall Street, its stock movem...

Off-duty Chicago officer killed in ATV crash on Far North Side: source

Published Fri, 01 Nov 2024 06:24:09 GMT

CHICAGO — An off-duty Chicago officer was killed in a crash involving an ATV on the city's Far North Side, according to a police source.The accident happened around 5:45 p.m. Tuesday in the 2500 block of West Bryn Mawr. Police said the 29-year-old man was driving an ATV eastbound on Bryn Mawr when he attempted to overtake an SUV making a left turn, and struck the vehicle.The man was transported to St. Francis Hospital in critical condition, where he was later pronounced dead. The medical examiner has identified him as Raheem Mills. A police source confirms Mills was an off-duty Chicago police officer. 77-year-old woman found dead in her Burbank home; death ruled homicide Major Accidents Unit is investigating the crash.

Million dollar Powerball ticket sold in Chicago suburbs

Published Fri, 01 Nov 2024 06:24:09 GMT

ILLINOIS — While the massive billion dollar Powerball jackpot was won in California Wednesday night, several winning tickets were sold in Illinois, including one for $1 million.Illinois Lottery reports a ticket bought at William Liquor on South York Road in Elmhust matched all five numbers. The lucky ticket holder will claim the $1 million jackpot. Single ticket in California wins $1.08 billion Powerball jackpot Additionally, seven other winning tickets were sold in Illinois, each worth $50,000. Three were sold online one in Waukegan, one in Rockford, one in Princeton and one in Durand.The winning numbers for Wednesday night’s drawing were: white balls 7, 10, 11, 13, 24 and red Powerball 24. The California Lottery said on Twitter that the winning ticket was sold in Los Angeles at Las Palmitas Mini Market. $900,000 Lotto ticket purchased in Chicago suburb Thirty-six $1 million-winning tickets and three $2 million-winning tickets were sold. The $2 million winners were sold in Flor...

Man's ashes left in NYC taxi for 2 days before being returned to family

Published Fri, 01 Nov 2024 06:24:09 GMT

NEW YORK (WPIX) -- The Taxi and Limousine Commission recorded over 2,500 cellphones, wallets, purses and other items were accidentally left in taxi cabs last year alone. However, one thing that virtually never makes the list of items left behind is someone's ashes.Family members and friends of a New York City businessman reported the loss and ended up appreciating what happened next. They called it a posthumous gift from their loved one, given in a way only he could. "Absolutely humorous for dad's ashes to go missing," said the man's son, who requested that his father's identity not be revealed.His dad's final New York City cab ride began last Saturday and didn't end until Monday when the cab driver was notified about the unusual cargo he'd been carrying for days.The cremains of the man -- who had passed away three weeks before -- were in a ceremonial wooden box, which was in a bag that was supposed to be transported by cab to a friend's home in&nb...

Powerball Jackpot winner: The steps the state will take to prove the ticket is real

Published Fri, 01 Nov 2024 06:24:09 GMT

(KTLA) — For the second time in less than a year, California has sold a record-setting Powerball ticket, with one purchased in Los Angeles matching the numbers drawn Wednesday night for a $1.08 billion grand prize. Within just a few hours of the drawing, we knew there was a winner, and even where the ticket had been purchased. So why don't we already know who the lucky ticketholder is?Security is a big part of it. Shortly after a drawing, like last night's Powerball drawing, the California Lottery receives an automated report, according to Carolyn Becker, the agency's deputy director of public affairs and communications. That report details where winning tickets — either a jackpot or any that matched five of the six numbers drawn — were sold in the state. Jackpot! Winning $1 billion Powerball ticket sold in Los Angeles "That's why we know quickly where a winning ticket is sold in California," Becker told Nexstar earlier this year. "So we know the results, if you will, in that reg...

Driver dies in head-on crash in Andover

Published Fri, 01 Nov 2024 06:24:09 GMT

A driver was killed Wednesday in Andover after crashing his SUV head on into a pickup truck, authorities said.The wreck happened near the intersection of Round Lake Boulevard Northwest and 174th Avenue Northwest just after 3 p.m.The man was headed south on Round Lake Boulevard in his sport utility vehicle when he crossed into the northbound lane and struck the pickup truck, the Anoka County sheriff’s office said Thursday.He later was pronounced dead at a local hospital. His name has not been released by authorities.The man driving the pickup truck sustained minor injuries.This crash remains under investigation.Related ArticlesCrime & Public Safety | Motorist charged in Columbia Heights deadly pedestrian crash Crime & Public Safety | Suspected drunk driver hits two pedestrians in Columbia Heights, killing one Crime & Public Safety | Blaine couple charged in connection with explosion at apartment complex Crime & Public Sa...

Apartments planned in Clayton on grounds of former 7UP headquarters

Published Fri, 01 Nov 2024 06:24:09 GMT

CLAYTON, Mo. - A developer plans to build new apartments on the grounds of the former 7UP headquarters after completing a deal Wednesday with the the St. Louis County Port Authority. St. Louis County sold the longtime vacant building in downtown Clayton and a grass lot to Clayton City Ventures LLC for $3.8 million. County officials say the sale comes as developers plan to build an apartment complex with 300 units. Thieves target car washes, business owners band together to fight back The building was once the headquarters of 7UP and also served as the original home of theSt. Louis division of the World Trade Center. The building has been vacant for many years. “We look forward to this prime property in downtown Clayton coming online as a vibrantaddition to the county seat, attracting more residents and boosting our tax base,’ said St. Louis County Executive Sam Page.The sale includes an 11-story building at 121 South Meramec Avenue. The St. Louis Business Journal reports that dev...

Many smaller Powerball prizes won in Illinois

Published Fri, 01 Nov 2024 06:24:09 GMT

ELMHURST, Ill. (WMBD) -- The winning $1.08 billion Powerball ticket was not bought in Illinois, but there were still some big winners in Illinois Wednesday.According to an Illinois Lottery news release, one $1,000,000 prize, one $100,000 prize and six $50,000 prizes were won after the Powerball drawing Wednesday. The winning numbers were 7,10,11,13,24, and Powerball 24.The $1,000,000 ticket was bought at Williams Liquor in Elmhurst. The $50,000 tickets were bought in Rockford, Waukegan, Princeton and Durand, Ill. Three tickets were also bought on the Illinois Lottery Website.One of the $50,000 winners used the game's "Power Play" feature to double their money to $100,000. $900,000 Lotto ticket purchased in Illinois Winners have one year to claim their prize.Since this Powerball roll began on April 20, $9.9 million in prizes were won by Illinois Lottery Players.Other big jackpots are still up for grabs, including Thursday's $19.7 Million Lotto jackpot and Friday's $720 million Mega...

Ticketmaster and Live Nation offer 4 concert tickets for $80 deal

Published Fri, 01 Nov 2024 06:24:09 GMT

ST. LOUIS, Mo. -- Music lovers rejoice! Your summer calendar just became a lot more interesting. Live Nation kicked off its "Summer's Live" concert deal July 19.The limited-time offer allows concertgoers to buy four tickets to select concerts for $80, plus taxes and fees. That's just $20 a ticket.The deal applies to more than 2,500 shows at hundreds of venues across the country. It includes artists such as Alicia Keys, 50 Cent, Bret Michaels, Sam Hunt, Story Of The Year, Modest MouseKidz Bop, Pat Benatar, and Ani DiFranco. What to know about Missouri’s 2023 tax-free weekend The 4 for $80 sale is good while tickets last, or on certain tickets bought through Aug. 1, 2023.Visit LiveNation.com/SummersLive to see the list of participating events. Once you choose your desired event, select the “Summer’s Live 4 Pack” ticket type and it’ll instantly add a four-pack of tickets to your cart. Tickets are also available through Ticketmaster.com.

What to know about Missouri’s 2023 tax-free weekend

Published Fri, 01 Nov 2024 06:24:09 GMT

KANSAS CITY, Mo. — With the start of a new school year just a few weeks away its almost time for Missouri’s tax-free weekend.This year the sales tax holiday starts at 12:01 a.m. on Friday, August 4, and runs through Sunday, August 6.Common back-to-school items like school supplies, clothing and computers will be exempt from sales tax during holiday weekend event, but there are some restrictions. Clothing must be $100 or less and sales tax will still be applied to accessories like watches, jewelry and handbags. School supply purchases must be $50 or less and cannot include certain items like watches, radios, CD players, headphones, sporting equipment, office equipment or furniture. Computer software must be $350 or less and personal computers can’t cost more than $1,500. You can find more information about what items qualify for tax exemption on the Missouri Department of Revenue’s website.