Home

This Week in Business: factory orders, services industry health, layoffs update

Published Wed, 05 Mar 2025 01:13:11 GMT

A look at some of the key business events and economic indicators upcoming this week:Economic barometerThe Commerce Department releases its July snapshot of business orders to U.S. factories on Tuesday.Economists project that factory orders fell 2.7% in July from the previous month. That would mark the first monthly decline in orders since February, when they dropped 1.1%. Orders have been generally rising throughout the year as consumer spending remained strong, despite persistent inflation. Economists and companies are increasingly worried about consumer demand ahead.Factory orders, monthly percent change, seasonally adjusted:Feb. -1.7March 0.6April 0.3May 0.4June 2.3July (est.) -2.7Source: FactSetServices statusThe Institute for Supply Management releases its latest report on the U.S. services sector Wednesday.Economists expect the monthly index edged down to 52.5 in August from 52.7 the previous month. The sector employs most Americans and has remained resilient despite pressure...

Ecuador defender Ángelo Preciado moves from Gent to Sparta Prague

Published Wed, 05 Mar 2025 01:13:11 GMT

PRAGUE (AP) — Ecuador defender Ángelo Preciado has completed a transfer from Belgian club Gent to Czech champion Sparta Prague.Sparta said Monday that Preciado signed a multi-year deal. No financial details were given.The 25-year-old Preciado played 59 league games for Gent since he joined it in 2021 and added five in the Belgian Cup and another five in the Europa League.Ha has played for his country since 2018 and made the starting lineup of Ecuador’s three group matches at last year’s World Cup in Qatar.Sparta will face Rangers, Real Betis and Aris Limassol in the group stage of the Europa League this season.___AP soccer: https://apnews.com/hub/soccerSource

Possible record breaking heat could cook DC this Labor Day

Published Wed, 05 Mar 2025 01:13:11 GMT

Labor Day will be anything but chill for D.C.-area residents, at least as far as temperatures go.Forecasters are predicting record, or near-record breaking temperatures with a heat alert in effect. Here’s what you need to know.On Monday, it’s expected temps could hit or exceed 100 in the afternoon, breaking records for the area.“We’re on high heat alert for the next couple of afternoons and it’s going to be intense but I’ll tell you the humidity remains in check,” 7 News First Alert Meteorologist Brian van de Graaff said. “So even though the forecast high is 98, 99 or so, it will feel like 98, 99.”That high heat comes after both BWI Marshall and Dulles airports set new records for the date on Sunday with temperatures reaching 98 and 99, respectively.Though the D.C. region is still in a bit of a dry spell, what humidity there is will easily raise the heat index over the 100 mark. Overnight lows will remain in the 70s and condition...

Suspect wanted in armed robbery of Arvada liquor store

Published Wed, 05 Mar 2025 01:13:11 GMT

DENVER (KDVR) — Police in Arvada are looking for a man who was involved in an armed robbery of a liquor store.According to the Arvada Police Department, on Aug. 27 at 10:40 p.m. two males walked into LaGuardia Liquors at 8008 Chase Dr. and robbed the store clerk at gunpoint.Surveillance footage shows two men entering the store wearing black clothing, black face masks and neon green gloves. Both of the suspects appear to point a firearm at the store clerk. 16-year-old arrested in deadly Denver shooting Officers said the store clerk and the two suspects exchanged gunfire after the suspects pulled out guns.One suspect suffered from non-life-threatening injuries during the shootout. Arvada Police said he was identified and later arrested.Police in Arvada are looking for this suspect wanted in connection to an armed robbery of a liquor store. (Metro Denver Crime Stoppers)However, police are still searching for the second suspect. If you recognize the man pictured or have any informati...

Convicted murderer who escaped Pennsylvania prison spotted on surveillance camera, DA says

Published Wed, 05 Mar 2025 01:13:11 GMT

Philadelphia (CNN) — A convicted murderer who escaped a Pennsylvania prison Thursday was spotted on a surveillance camera in the area, according to local officials.Danelo Cavalcante, 34, broke out of the Chester County Prison, about 30 miles west of Philadelphia, at around 8:50 a.m. Thursday, the Chester County District Attorney’s Office said. The district attorney, Deb Ryan, described Cavalcante as “an extremely dangerous man.”Cavalcante was convicted of first-degree murder on August 16 for killing his former girlfriend, 33-year-old Deborah Brandão, in 2021. He was sentenced to life without parole last week.The camera recorded Cavalcante at approximately 12:30 a.m. on Saturday about 1.5 miles away from Chester County Prison, the DA said in a Facebook post on Saturday morning. He was wearing a light-colored T-shirt, pants, and white sneakers and carrying a backpack. The DA described him as 5 feet tall with “shaggy black hair” and brown eyes.Police also received a report of an attemp...

X, formerly known as Twitter, may collect your biometric data and job history

Published Wed, 05 Mar 2025 01:13:11 GMT

(CNN) — X, the social media platform formerly known as Twitter, said this week it may collect biometric and employment information from its users — expanding the range of personal information that account-holders may be exposing to the site.The disclosures came in an update to the company’s privacy policy, which added two sections related to the new data collection practice.“Based on your consent, we may collect and use your biometric information for safety, security, and identification purposes,” the policy read.In addition, under a new section labeled “job applications,” X said it may collect users’ employment and educational history.The company also said it could collect “employment preferences, skills and abilities, job search activity and engagement, and so on” in order to suggest potential job openings to users, to share that information with prospective third-party employers or to further target users with advertising.For X Premium users, the company will give an option to pr...

Labor Day Forecast, Plus Check On The Tropics

Published Wed, 05 Mar 2025 01:13:11 GMT

Near-normal highs in the low 90’s this week with passing clouds and only a slight chance of seeing isolated showers.Persistent breeze out of the East will maintain an elevated rip current risk at area beaches.Today in the TropicsTracking Gert and Katia that are expected to dissipate in the next day or so in the middle of the Atlantic Ocean.Wave forecast to move off the coast of Africa has a medium chance to form once it moves near the Cape Verde Islands.Tropical wave (Invest 95L) located a few hundred miles Southwest of the Cape Verde Islands has a high chance to form into a depression or storm midweek. It could impact the Lesser Antilles late weekend. However, track changes are likely since it has not developed yet.Scenario 1: Strong high pressure in the Atlantic could help steer this system farther West and possibly threaten parts of the Lesser Antilles.Scenario 2: Weaker high pressure could help curve system more North across the Central and Western Atlantic.Way too soon to...

Drunk driver calls 911 to report wrong-way driver, discovers he’s the culprit

Published Wed, 05 Mar 2025 01:13:11 GMT

LANCASTER COUNTY, Neb. (WSVN) — A driver in Lancaster County dialed 911 to report a wrong-way driver, only to find out that he was the one traveling on the wrong side of the road. Video footage released by the Lancaster County Sheriff’s Department on Thursday showed a deputy in a patrol car attempting to catch up to the driver following the 911 call.The incident unfolded in March when the driver made a frantic call to the emergency hotline, reporting a vehicle traveling on the wrong side of Highway 77. The 911 dispatcher inquired about the color or type of the vehicle in question.“No, he had his brights on, man. He almost ran me off the road,” responded the driver. The driver said he was heading northbound after the 911 operator asked him what direction the other vehicle was traveling. “That was gnarly. That was like, a lot,” said the driver. Little did he realize that he was, in fact, the driver traveling in the wrong direction.Law enforcement authorities responde...

Bill Belichick was excited to see Patriots get surplus of depth at important position

Published Wed, 05 Mar 2025 01:13:11 GMT

It’s still unclear who will be the starting right tackle in Week 1 when the Patriots take the Gillette Stadium game field to play the Eagles, but at least Bill Belichick now has options.In a span of just over 48 hours, the Patriots acquired offensive tackles Vederian Lowe and Tyrone Wheatley Jr. via trade and activated Calvin Anderson from a summer-long stint on the non-football illness list. That came after veteran offensive tackle Conor McDermott struggled and then suffered an injury and offseason addition Riley Reiff moved to guard and then began to miss time with his own ailment. The Patriots’ only realistic, healthy option to play opposite starting left tackle Trent Brown was rookie Sidy Sow, who had his own growing pains this summer after converting from guard in college.Related ArticlesNew England Patriots | Patriots QB Mac Jones has improved in these 3 areas, according to Bill Belichick New England Patriots | Bill Belichick breaks silen...

Red Sox promoting top prospects Kyle Teel, Roman Anthony to Double-A

Published Wed, 05 Mar 2025 01:13:11 GMT

Two of the most exciting young prospects in the Red Sox organization are moving up to Portland, as Kyle Teel and Roman Anthony have both been promoted to Double-A.The news was first reported by Milb Central on Instagram and confirmed by a Red Sox source Monday morning.Teel was Boston’s first-round pick in this past July’s MLB Draft and Anthony was chosen after the second round last summer with the compensatory pick obtained by losing Eduardo Rodriguez. Both have dominated High-A pitching since joining the Greenville Drive and will now have a chance to test themselves against stronger competition over the last two weeks of the Portland Sea Dogs’ season.Teel, a 21-year-old catcher out of the University of Virginia, hit the ground running after starting his professional career last month. He made his High-A debut on Aug. 8 and proceeded to bat .377 with a .983 OPS, nine RBI, 10 runs scored, four doubles and as many walks (11) as strikeouts (11) in only 14 games. Teel ...