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Billionaire Ryan Cohen takes over as CEO at GameStop

Published Tue, 12 Nov 2024 01:29:59 GMT

Billionaire Ryan Cohen, the largest individual investor in GameStop, is taking over as CEO at the video game retailer. Cohen is already the board chairman and the company’s largest individual investor. GameStop said in a statement that Cohen won’t receive compensation for serving as its president, CEO and chairman.The CEO job at GameStop, which became one of the most well-known meme stocks to create a frenzy among retail traders on Wall Street, has become a rotating door with the company trying to survive as technology upends the gaming industry. In June, the company fired CEO Matthew Furlong, the former Amazon executive who was brought in two years ago to turn the struggling video game retailer around. Shares of Gamestop Corp. spiked 7% Thursday before the opening bell. Cohen’s holding company RC Ventures is the biggest investor in GameStop, holding about a 12% stake. Cohen co-founded Chewy, the online pet supply company, and had hoped to modernize GameStop, founded in ...

Biden makes defending democracy a touchstone in his reelection campaign — and a rejoinder to Trump

Published Tue, 12 Nov 2024 01:29:59 GMT

FILE - President Joe Biden speaks an event in Largo, Md., Sept. 14, 2023. Biden, on Thursday, will make his fourth in a series of presidential addresses about the state of democracy, a cause that is driving his motivation to stay in office even amid low approval ratings that are rattling his party and widespread concern from voters about his age. The location, as it has been for other speeches, is deliberately chosen and poignant: It will be at the home of the McCain Institute, named after the late Arizona Sen. John McCain. (AP Photo/Alex Brandon, File)(AP/Alex Brandon) FILE - President Joe Biden speaks an event in Largo, Md., Sept. 14, 2023. Biden, on Thursday, will make his fourth in a series of presidential addresses about the state of democracy, a cause that i...

Sifco: Fiscal Q3 Earnings Snapshot

Published Tue, 12 Nov 2024 01:29:59 GMT

CLEVELAND (AP) — CLEVELAND (AP) — Sifco Industries Inc. (SIF) on Thursday reported a loss of $634,000 in its fiscal third quarter.The Cleveland-based company said it had a loss of 11 cents per share.The producer of forgings and machined components for the aerospace and energy market posted revenue of $21.9 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 SIF at https://www.zacks.com/ap/SIFSource

Muere Michael Gambon, actor de Dumbledore en Harry Potter, a los 82 años

Published Tue, 12 Nov 2024 01:29:59 GMT

(CNN) — El actor Michael Gambon murió a los 82 años tras un “ataque de neumonía”, según un comunicado emitido este jueves en nombre de su esposa Lady Gambon y su hijo Fergus Gambon, informó PA Media.“Estamos devastados al anunciar la pérdida de Sir Michael Gambon”, decía el comunicado emitido por su publicista Clair Dobbs, según PA.“Amado esposo y padre, Michael murió pacíficamente en el hospital con su esposa Anne y su hijo Fergus junto a su cama, después de un ataque de neumonía. Michael tenía 82 años”.“Les pedimos que respeten nuestra privacidad en este doloroso momento y les agradecemos sus mensajes de apoyo y cariño”.Gambon era conocido por su extenso catálogo de trabajos en televisión, cine y radio e interpretó el papel de Albus Dumbledore en seis de las ocho películas de Harry Potter.The-CNN-Wire™ & © 2023 Cable News Network, Inc., a Warner Bros. Discovery Company. All rights reserved.Source

Kingston Myeloma March raises funds, honours 15th anniversary

Published Tue, 12 Nov 2024 01:29:59 GMT

Participants and supporters for the Kingston Multiple Myeloma March gathered at Victoria Park to spread awareness and help raise funds for Multiple Myeloma on Sept. 17.Myeloma is the second most common blood cancer, with 11 Canadians being diagnosed every day. The march in Kingston is a piece of the annual, national event organized by Myeloma Canada every fall.In honour of the Multiple Myeloma March’s 15th anniversary, Myeloma Canada introduced the Multiple Myeloma March Research Fund-sharing Partnership Program, funding Canadian cancer research centres with up to 50% of the net proceeds from the Multiple Myeloma March nearest to each centre.35 participants registered for the 5km walk and there was a total of 152 donors who contributed to the organization. Donations totaled $8,020, which will go towards curing and preventing the disease, increasing access to care, and improving the lives of Canadians affected by myeloma.“One of the initial organizers of Myeloma Canada as an institut...

Altamonte Springs officer relieved of duty following high-speed chase with Volusia County deputies

Published Tue, 12 Nov 2024 01:29:59 GMT

ALTAMONTE SPRINGS, Fla. (WSVN) — An Altamonte Springs police officer was relieved of duty after a recent high-speed chase involving Volusia County deputies resulted in charges of fleeing and eluding authorities. The incident unfolded on September 18 when two Volusia County deputies conducted a routine traffic stop on Fort Smith Boulevard around 11:42 p.m. During the stop, they observed a black sedan, driven by 28-year-old Zachary Morrissey, traveling at an “extremely high rate of speed.”As the sedan approached, it appeared to be on a collision course with one of the deputy’s cars. In an attempt to halt the vehicle, both deputies signaled the driver to stop using flashlights. However, Morrissey allegedly disregarded these orders and fled northbound on Fort Smith Blvd.One deputy pursued Morrissey, who reportedly accelerated at a high speed, leading to a high-stakes chase. Ultimately, a second deputy conducted a felony stop, leading to Morrissey’s arrest ...

Man wanted in killing of Baltimore tech entrepreneur Pava LaPere is arrested, police say

Published Tue, 12 Nov 2024 01:29:59 GMT

BALTIMORE (AP) — A man was arrested in the killing of a Baltimore tech entrepreneur who had built a successful startup that earned her national recognition, police said early Thursday.Police didn’t release any details of the circumstances surrounding the arrest of Jason Billingsley after the death of 26-year-old Pava LaPere but planned a news conference later in the morning. Police had announced an arrest warrant earlier in the week, saying that Billingsley was wanted on a first-degree murder charge in LaPere’s death.LaPere’s family thanked city police and their law enforcement partners Thursday morning for their “tireless efforts” throughout the investigation and apprehension of the suspect.“We’re relieved to know he can no longer hurt other innocent victims,” the family said in a statement. “While this doesn’t change that Baltimore lost one of its most passionate, influential fans, our efforts remain focused on remembering and celebrating Pava Marie — her life, s...

Florida auto shop owner and angry customer shot each other to death, police say

Published Tue, 12 Nov 2024 01:29:59 GMT

LARGO, Fla. (AP) — A shooting at a Florida auto shop that killed two men was triggered by a former customer’s dissatisfaction with work done on his car two years ago, police said Thursday.The Largo Police Department said Eugene Frank Becker, 78, arrived at Stout’s Automotive in a rental car Wednesday and sought out business owner Jodie Stout, 52. Investigators say Becker pulled out a handgun and shot Stout, who returned fire with his own gun, striking Becker multiple times.Both men later died at a hospital. The shooting brought dozens of police officers to the scene.Police said in an email that evidence and witnesses indicate Becker felt he was overcharged when he brought a vehicle to Stout’s for service in 2021. He went to the shop Wednesday “with the intent to shoot the victim in retaliation for the perceived wrong.”Authorities said Becker had recently been in a car crash that left him depressed, according to family members.Largo is located just west of Tampa.

Send in troops to end violence in Sweden, ex-PM urges

Published Tue, 12 Nov 2024 01:29:59 GMT

Sweden’s former Prime Minister Magdalena Andersson wants the army sent in to quash a rising tide of gang violence in the country. In the past 24 hours, three people died in shootings and bombings, Swedish news media reported.Andersson, from the opposition center-left Social Democrats, suggested Thursday to Swedish outlet Aftonbladet: “Surveillance performed by police officers could be carried out by the military. In addition, there is technical know-how with the military that they could assist with.”Two men were shot Thursday at different locations close to Stockholm, and police arrested two people after a 25-year-old woman died during a powerful explosion in a residential area close to Uppsala. According to local media, authorities believe the blast was related to conflict between gangs and the woman was not the intended target. In its fight against gang violence, Sweden could also ask Norway, Denmark or Finland for additional police support, Andersson added....

Tensions erupt between McCarthy and Gaetz at closed-door House GOP meeting as shutdown nears

Published Tue, 12 Nov 2024 01:29:59 GMT

(CNN) — Tensions erupted as House Republicans met behind closed-doors on Thursday, the latest sign of deep divisions and infighting as the House GOP conference has failed to coalesce around a plan to avert a shutdown.GOP Rep. Matt Gaetz and Speaker Kevin McCarthy got into a testy exchange during the meeting, according to a source in the room. Gaetz stood up and confronted McCarthy about whether his allies were paying conservative influencers to bash Gaetz in social media posts – an allegation circulating on social media and one the speaker’s office has denied.McCarthy’s response, according to the source in the room, was that he wouldn’t waste his time or money on Gaetz. Another source said McCarthy also shot back that he doesn’t know what Gaetz is spending time on, but he (the speaker) is donating $5 million to help keep the majority.McCarthy and Gaetz have long had a tense relationship and Gaetz has led the charge in threatening to force a vote to oust the speaker as pressure ...