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The Children’s Place: Fiscal Q1 Earnings Snapshot

Published Sat, 22 Feb 2025 13:04:00 GMT

SECAUCUS, N.J. (AP) — SECAUCUS, N.J. (AP) — The Children’s Place Retail Stores Inc. (PLCE) on Wednesday reported a loss of $28.8 million in its fiscal first quarter.The Secaucus, New Jersey-based company said it had a loss of $2.33 per share. Losses, adjusted for one-time gains and costs, were $2 per share.The results did not meet Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of $1.77 per share.The children’s clothing and accessories chain posted revenue of $321.6 million in the period, which also missed Street forecasts. Three analysts surveyed by Zacks expected $338.3 million.For the current quarter ending in July, The Children’s Place expects its results to range from a loss of $2.20 per share to a loss of $2.15 per share.The company said it expects revenue in the range of $340 million to $345 million for the fiscal second quarter.The Children’s Place expects full-year earnings in the ...

Which areas are under a marginal risk for severe storms?

Published Sat, 22 Feb 2025 13:04:00 GMT

DENVER (KDVR) — While the lingering smoke finally clears out of Colorado on Wednesday, a marginal risk for severe storms is moving in.The Pinpoint Weather team forecasts a mix of sun and clouds with temperatures in the mid-70s. Meteorologist Travis Michels said the storms will pop up in the early afternoon helping to finally push out all that smoke. Storm categories: What do they mean? Many areas across the Denver metro and Eastern Plains are under a marginal risk for a severe storm.TimingAccording to the National Weather Service, it will be a stormy afternoon and evening for most of the state.Thunderstorms will most likely begin in the mountains at 11 a.m. and last till 6 p.m.The Interstate 25 corridor will see thunderstorms from 2 p.m. to 7 p.m., and the Eastern Plains will see storms from 4 p.m. to 10 p.m.LocationThe areas under a marginal risk during this storm are focused in the metro and to the east. Pinpoint Weather: Storm outlook on May 24.According to the Pinpoint Weathe...

Many students will remain undereducated in basic skills post-pandemic

Published Sat, 22 Feb 2025 13:04:00 GMT

DENVER (KDVR) —The pandemic, for most, is in the rear-view mirror, but some of its impacts are still lingering in our schools.  According to a new study, nearly every student in grades K-12 experienced some kind of COVID learning loss. The year and a half or two years that kids were out of school or in an untraditional environment really hurt their progress long-term. It seems that the programs, like tutoring and summer school, weren’t enough.   DougCo school board member resigns during meeting, walks out The Center For Research On Education Outcomes team at Stanford University conducted a study and tracked learning patterns in 16 states to see how recovery efforts will affect students’ academic careers and found that only about 75% percent of students will hit 12th-grade benchmarks – meaning one-quarter will remain undereducated.  Teachers said they’ve noticed a basic lack of study skills, digital distractions, mental health burdens, and lack of skills in collaborating with oth...

Man arrested at Virginia preschool with an AK-47 in his vehicle after saying he was headed to the CIA, police say

Published Sat, 22 Feb 2025 13:04:00 GMT

(CNN) — A man who told police he was headed for the CIA has been arrested at a Virginia preschool for felony possession of a firearm on school property, Fairfax County police said.Florida resident Eric Sandow, 32, was arrested Tuesday at Dolley Madison Preschool in McLean after police said he was trespassing on school grounds.Fairfax County Police say they recovered two weapons, including an AK-47, after they conducted a search of his vehicle.Sandow told police he was headed to the CIA, they said.This is a developing story and will be updated.

Man accused of ramming U-Haul into barriers near White House praised Hitler after his arrest, court filings say

Published Sat, 22 Feb 2025 13:04:00 GMT

(CNN) — The man accused of crashing a U-Haul truck into a security barrier near the White House Monday night praised Adolf Hitler to investigators after his arrest and said that he aimed to “kill the President” if necessary to overthrow the government and install himself in power, according to court documents.Sai Varshith Kandula, 19, of Chesterfield, Missouri, is in custody and has been charged in federal court with one count of depredation of property of the United States in excess of $1,000. US Park Police originally arrested Kandula on several charges, including threatening to kill or harm a president, vice president or family member. It’s possible that prosecutors add additional charges as the case progresses.Kandula, in handcuffs and wearing a t-shirt and shorts, appeared in DC Superior Court Tuesday afternoon, US Park Police told CNN, and was held in custody without bail. He has not yet entered a formal plea in federal court – where his case is expected to continue with an in...

PMQs scorecard: Starmer and Sunak test out election lines but dodge Braverman and Boris rows

Published Sat, 22 Feb 2025 13:04:00 GMT

Prime minister’s questions: a shouty, jeery, very occasionally useful advert for British politics. Here’s what you need to know from this week’s session in POLITICO’s weekly run-through.What they sparred about: Turns out PMQs is good for something: the two leaders at least offered a useful preview of the next election campaign Wednesday lunchtime. Keir Starmer pressed Rishi Sunak on migration — ahead of an official stats drop Thursday that is expected to show a big rise in numbers coming to the U.K. Labour timed a handy policy announcement to go with the clash too, promising to end a discount for employers on hiring overseas workers to jobs where there are labor shortages. The opposition boss then moved on to the (arguably) more comfortable terrain for his party of increasing training and apprenticeships for British workers. Sunak hit back, claiming Starmer has “no ideas” on migration. And he seized on some more positive economic news for a government that’s made c...

Germany cracks down on climate activists after Scholz calls protest group ‘nutty’

Published Sat, 22 Feb 2025 13:04:00 GMT

By GEIR MOULSON and FRANK JORDANS (Associated Press)BERLIN (AP) — German police raided 15 properties linked to the Last Generation climate activist group Wednesday, seizing assets as part of an investigation into its finances in a sign of growing impatience with disruptive protest tactics also seen in other European countries.Members of the group have repeatedly blocked roads across Germany in an effort to pressure the government to take more drastic action against climate change. In recent weeks, they have brought traffic to a halt on an almost daily basis in Berlin, gluing themselves to busy intersections and highways. Over the past year, they have also targeted various artworks and exhibits. The raids, ordered by Munich prosecutors, come days after Chancellor Olaf Scholz said that he thought it was “completely nutty to somehow stick yourself to a painting or on the street.” Leading figures with the environmentalist Green party, part of his governing coalition, h...

Gallery: Armed Forces Day and Military Spouse Appreciation Day

Published Sat, 22 Feb 2025 13:04:00 GMT

Armed Forces Day and Military Spouse Appreciation Day celebrated at Boston City Hall

Bye-bye Bay State: High housing costs and low transportation reliability driving outmigration

Published Sat, 22 Feb 2025 13:04:00 GMT

Congestion, cost of living, transportation reliability, workforce shortages, and talent outflow have led to the highest rate of outmigration Massachusetts has experienced in the last three decades, according to a report released Monday.The Massachusetts Taxpayers Foundation found that more than 110,900 people left the state between April 2020 and July 2022. And some of the trends pushing residents out of Massachusetts might sound all too familiar to those still here.“We’re seeing the future of our workforce, people aged 26 to 35, high wage residents, and those in key sectors, dominate the outflow of residents and talent. Massachusetts is facing a critical moment and it is imperative we address these challenges promptly to secure a prosperous future for our commonwealth,” Mass. Taxpayers Foundation President Doug Howgate said in a statement.With people leaving, Howgate said the historical abundance of highly educated and skilled workers and continuous influx of fresh talent from loca...

Stock market today: US futures follow global markets lower as US debt worries mount

Published Sat, 22 Feb 2025 13:04:00 GMT

BEIJING — U.S. markets followed global stock markets lower early Wednesday as the U.S. government crept closer to a catastrophic debt default.Futures for the S&P 500 and the Dow Jones Industrial Average declined more than 0.3%.The longstanding Washington debate over the size and scope of the federal government now has just days to be resolved, with the Treasury Department saying the government risks running out of cash to pay its bills next week. Negotiators are expected to convene Wednesday for another round of talks as frustration mounts.The political standoff is tipping the country closer to a crisis, roiling financial markets and threatening the global economy. Anxious retirees and social service groups are among those making default contingency plans.Failure to raise the nation’s debt ceiling, now at $31 trillion, would risk a potentially chaotic federal default, almost certain to inflict economic turmoil at home and abroad. Republicans in Washington are pressing for cuts i...