An 18-story riverfront apartment project will have to go back to the drawing board ‒ again ‒ after the Knoxville-Knox County Planning Design Review Board postponed it for the second month in a row. The project called Hill & Locust is a huge new apartment building overlooking the Tennessee River near the Henley Street bridge. […]
BERLIN (AP) — German lawmakers on Thursday lifted the immunity from prosecution of one of the far-right Alternative for Germany party’s top candidates in the upcoming European Parliament election as he faces an investigation. The German parliament’s lower house, or Bundestag, voted to lift Petr Bystron‘s immunity to clear the way for searches in connection […]
A look at the day ahead in European and global markets from Ankur Banerjee European bourses are poised to keep the rally going ahead of the always important U.S. CPI data after comments from Fed Chair Jerome Powell reassured investors that the next move from the U.S. central bank was unlikely to be a hike. […]
Weekend rain added to what has become a very wet spring in Wichita Falls and North Texas and boosted lakes to above the drought level. The combined level of the city’s two primary reservoirs, lakes Arrowhead and Kickapoo, rose 4 percent over the past week to 67.7 percent. That’s above the 65 percent mark that […]
An Australian judge has lifted a ban on the social media platform X showing Australians a video of a bishop being stabbed in a Sydney church. The temporary ban was put in place on April 22, but the judge rejected the application from Australia’s eSafety Commission to extend the court order that would have expired […]
WARSAW, Poland (AP) — A disciplinary court in Poland on Thursday lifted the immunity of a judge who fled the country to neighboring Belarus, an autocratic ally of Russia, paving the way for an international arrest warrant for him on espionage allegations. Poland launched an investigation this week after Belarus media said the judge, Tomasz […]
The city of Hangzhou says it has ditched all purchase restrictions (STR) One of China’s wealthiest cities said Thursday it would lift all restrictions on buying homes, joining a growing list of urban areas rolling back curbs as they look to prop up the faltering property market. Many Chinese cities imposed restrictions and tough credit […]
(Reuters) -Pfizer lifted its annual profit forecast, banking on cost cuts, a smaller-than-feared drop in sales for its COVID antiviral treatment and strong demand for pneumonia vaccine, sending its shares up about 2% before the bell on Wednesday. Shares of the U.S. drugmaker have lost 11% of their value this year on worries over its […]
(Reuters) -Pfizer lifted its annual profit forecast on Wednesday, banking on cost cuts and better-than-expected demand for its COVID antiviral treatment and vaccine. The U.S. drugmaker’s shares rose nearly 3% before the bell after the company said it expects adjusted earnings per share of $2.15 to $2.35 in 2024 compared with a prior forecast of […]
(Reuters) – PayPal raised its full-year adjusted profit forecast on Tuesday, as the payments giant benefited from robust consumer spending, while measures to cut costs improved operating margins in the first quarter. Consumer spending has shown remarkable resilience even as economic worries clouded the outlook for the payments sector for months. Though lower-income brackets have […]
April 30 (Reuters) – PayPal raised its full-year adjusted profit forecast on Tuesday, as the payments giant benefited from robust consumer spending, while measures to cut costs improved operating margins in the first quarter. Consumer spending has shown remarkable resilience even as economic worries clouded the outlook for the payments sector for months. Though lower-income […]
(Reuters) — Eli Lilly raised its full-year profit and revenue forecast on Tuesday after demand for its weight-loss treatment Zepbound and type 2 diabetes drug Mounjaro surged, sending its shares up about 8% premarket. Sky-rocketing demand for Mounjaro and Zepbound, both chemically known as tirzepatide, has propelled the drugmaker’s market value above $700 billion – […]