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CPI: Q1 Earnings Snapshot

Published Mon, 24 Feb 2025 12:48:30 GMT

EDGEWOOD, N.Y. (AP) — EDGEWOOD, N.Y. (AP) — CPI Aerostructures Inc. (CVU) on Monday reported profit of $983,000 in its first quarter.On a per-share basis, the Edgewood, New York-based company said it had profit of 8 cents.The maker of aircraft parts for the armed forces and defense contractors posted revenue of $22 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 CVU at https://www.zacks.com/ap/CVUSource

ContraFect: Q1 Earnings Snapshot

Published Mon, 24 Feb 2025 12:48:30 GMT

YONKERS, N.Y. (AP) — YONKERS, N.Y. (AP) — ContraFect Corp. (CFRX) on Monday reported a loss of $1.4 million in its first quarter.The Yonkers, New York-based company said it had a loss of 69 cents per share.The company’s shares closed at $1.50. A year ago, they were trading at $259.20._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CFRX at https://www.zacks.com/ap/CFRXSource

Cyprus, Israel working on deal for natural gas pipeline, processing plant in Cyprus

Published Mon, 24 Feb 2025 12:48:30 GMT

NICOSIA, Cyprus (AP) — Cyprus and Israel are working on a deal to build a pipeline that will convey natural gas from both countries to the east Mediterranean island nation, where it will be liquefied for export by ship to Europe and potentially elsewhere, the Cypriot energy minister said Monday.Minister Giorgos Papanastasiou said Monday he would soon visit Israel to hammer out a formal agreement. Once the deal is signed, the pipeline could be completed in 18 months. It will take 2 ½ years to build a liquefaction plant on Cyprus once investors are secured.So far, five sizeable gas deposits have been discovered off Cyprus’ southern coastline. Israel has 11 such fields: the biggest, named Leviathan, contains an estimated 22 trillion cubic feet (623 billion cubic meters) of gas.Papanastasiou said he would meet later this month with energy companies licensed to explore for oil and gas inside Cyprus’ exclusive economic zone – include French Total, Italy’s Eni, ExxonMobil and Chevron...

Dorel Industries: Q1 Earnings Snapshot

Published Mon, 24 Feb 2025 12:48:30 GMT

WESTMOUNT, Quebec (AP) — WESTMOUNT, Quebec (AP) — Dorel Industries Inc. (DIIBF) on Monday reported a loss of $31.5 million in its first quarter.On a per-share basis, the Westmount, Quebec-based company said it had a loss of 97 cents.The maker of bicycles, child safety products and home furnishings posted revenue of $333.2 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 DIIBF at https://www.zacks.com/ap/DIIBFSource

Broncos partner with new health care provider, rename training facility

Published Mon, 24 Feb 2025 12:48:30 GMT

ENGLEWOOD, Colo. (KDVR) — The Denver Broncos have signed a 10-year agreement with a new health care partner and renamed its training center.Monday morning, the team announced that it has partnered with Centura Health for a 10-year agreement as their official health care partner and naming rights holder for their training facility in Englewood.Previously, the Broncos worked with UCHealth as its health care partner for the past eight years. Chaos at Coors Field: Phillies’ Harper, Rockies’ Bird get tossed "We're excited to team up with Centura Health as part of this significant partnership highlighted by our training facility naming rights and, most importantly, a shared commitment to serving our community," Broncos President Damani Leech said. "Located only a short distance from our facility, Centura is a hometown organization aligned with the Broncos' values of prioritizing health and wellness for all Coloradoans. We look forward to a deep and meaningful relationship with Centura,...

Red Cross assists victims after massive fire displaces dozens in Pompano Beach apartment

Published Mon, 24 Feb 2025 12:48:30 GMT

Fierce flames shot through an apartment building near Northwest Seventh Avenue off Atlantic Boulevard in Pompano Beach and the Red Cross is now assisting 15 to 20 people that were displaced.Fire Rescue crews arrived at the scene of a two-story building with 22 units after the blaze ignited around 2:45 a.m., Monday.According to officials, firefighters were able to quickly extinguish the blaze but many homes suffered smoke damage.Neighbors described chaos as they made their escape.Phylicia Eubanks said she was screaming in panic as she had no idea where she could go with her children.“I opened my back door and there was a bunch of black smoke,” she said. “I tried to go through my room door, but [the smoke] was worse. Then I just kept screaming, ‘I have kids,’ ‘Where do we go,’ and ‘How do we get out?’ several times.”More than half a dozen fire trucks blocked off the area as firefighters tackled the flames.Eubanks said she saw...

Florida teacher defends decision to show Disney movie featuring gay character

Published Mon, 24 Feb 2025 12:48:30 GMT

SPRING HILL, Fla. (WSVN) — A fifth-grade teacher is under investigation by the Florida Department of Education for inappropriate conduct after showing her class Disney’s 2022 animated film “Strange World.” The movie features an openly gay character who has a crush on another character.The teacher, known as “Becoming a Better Barbie” on TikTok, defended her decision, saying that she did not believe she did anything wrong. “I had permission slips from the beginning of the year. The whole fifth-grade team had five permission slips for PG movies with no objection to specific content. I actually did have one student who did have objections to the specific content, not showing the Buzz Lightyear movie. She wasn’t in my classroom anymore, so it wasn’t a big deal,” the teacher said on TikTok.The teacher was reported to the state by a school board member, whose daughter was in the classroom at the time of the screening. The “...

EU research commissioner Mariya Gabriel resigns

Published Mon, 24 Feb 2025 12:48:30 GMT

The European Union’s Commissioner for Research and Innovation Mariya Gabriel has resigned from her EU post as she takes on the challenge of forming a new Bulgarian coalition government.Gabriel was picked last week by the leader of her party Boyko Borissov to become Bulgaria’s next prime minister. Bulgarian President Rumen Radev gave her the institutional mandate on Monday to form a government.The Bulgarian center-right politician joined the EU executive as commissioner for digital affairs in 2017 and took on the portfolio of research, innovation, education and culture at the start of the current mandate, in 2019. Her track record in Brussels was mixed — she enjoyed a reputation as a young, dynamic commissioner with a genuine passion for technological progress, but one who lacked the gravitas to advance her agenda and who would push her staff to the breaking point, POLITICO reported Monday. In a statement, Commission President Ursula von der Leyen said that she’d acce...

Elon in Paris: Tesla boss gets red-carpet treatment from Macron amid green investment push

Published Mon, 24 Feb 2025 12:48:30 GMT

PARIS — Call it the Musk paradox. As Twitter CEO, Elon Musk gets no love from European politicians. As Tesla’s boss, he’s welcomed with open arms. That dynamic was on full display Monday in Paris, where one of the world’s richest men arrived in a Tesla to meet with French President Emmanuel Macron, amid France’s push to attract investments in electric cars. “With Elon Musk, we talked about the attractiveness of France and the significant progress in the electric vehicle and energy sectors,” Macron tweeted. The two men mentioned “several topics of common interest,” an official from the Elysée palace said after the meeting, “including the European and French response to the [U.S. Inflation Reduction Act].”Le patron de Tesla, Elon Musk, reçu par Emmanuel Macron à l'Élysée pic.twitter.com/0ayikvu8vC— BFMTV (@BFMTV) May 15, 2023Musk’s visit comes as Macron hosts CEOs from all over the world at the Château ...

UAE invites Syrian dictator Bashar al-Assad to COP28 climate summit

Published Mon, 24 Feb 2025 12:48:30 GMT

The United Arab Emirates has invited Syrian President Bashar al-Assad to attend this year’s United Nations climate summit, Syria’s state news agency SANA reported Monday. The Gulf country is set to host COP28 in Dubai from November 30 to December 12. According to SANA, the UAE’s embassy handed Assad an official invitation from President Mohammed bin Zayed Al Nahyan on Sunday. The invitation comes as a growing number of Arab countries are starting to revive relations with the Assad regime, which has presided over a brutal 12-year civil war that has killed more than 300,000 people and driven half the population from their homes. The Arab League readmitted Syria earlier this month. POLITICO reached out to the United Nations climate body, the UAE climate envoy’s office and the UAE embassy in Damascus for comment, but did not get a response at the time of publication.