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Amid soaring thefts, California city bans possession of catalytic converters without proof of ownership

Published Sat, 22 Feb 2025 16:50:26 GMT

In a bid to curb rising catalytic converter thefts in the city, the Torrance City Council on Tuesday, May 23, voted to make it illegal for people to possess catalytic converters without proof of ownership.The ordinance would require anyone in possession of a detached catalytic converter to provide proof of ownership, such as a bill of sale from the original owner with photographs, documentation from an auto-body shop and verifiable electronic communications from the previous owner to the possessor proving the relinquishment of ownership.Code violations could constitute a misdemeanor, which can result in as much as $1000 in fine or up to a year of imprisonment at the county jail.The city council approved the measure with a 5-0 vote, due to the absence of Councilmembers Jon Kaji and Mike Griffiths. It essentially gives the Torrance Police Department the legal authority to prosecute catalytic converter thefts without an identifiable victim.Catalytic converter, located within a car’s ex...

Swiss gov’t favors compensation for journalistic ‘snippets’ posted by online services

Published Sat, 22 Feb 2025 16:50:26 GMT

GENEVA (AP) — Switzerland’s executive branch says it favors changes to copyright law to require large online service providers — including social media platforms and search engines — to pay media companies for use of their journalistic content, even small excerpts known as “snippets.” The Federal Council, Switzerland’s executive body, announced Wednesday that it’s opened a four-month examination of a proposed legal change to improve compensation for journalists and their media companies.The government noted the importance of public debate in a democracy, which has now largely moved onto the Internet.“The content offered by search engines, social media and multimedia platforms is largely based on journalistic works by traditional publishing media,” a government statement said. Short previews of journalistic content — or “snippets” — are not currently protected under Swiss copyright law.It said media companies and journalists don’t receive any remuneratio...

Abercrombie: Fiscal Q1 Earnings Snapshot

Published Sat, 22 Feb 2025 16:50:26 GMT

NEW ALBANY, Ohio (AP) — NEW ALBANY, Ohio (AP) — Abercrombie & Fitch Co. (ANF) on Wednesday reported fiscal first-quarter net income of $16.6 million, after reporting a loss in the same period a year earlier.On a per-share basis, the New Albany, Ohio-based company said it had net income of 32 cents. Earnings, adjusted for asset impairment costs, were 39 cents per share.The results topped Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for a loss of 2 cents per share.The teen clothing retailer posted revenue of $836 million in the period, also surpassing Street forecasts. Six analysts surveyed by Zacks expected $812.2 million.Abercrombie shares have risen slightly since the beginning of the year. The stock has declined 14% in the last 12 months._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ANF at https://www....

Así es cómo la tecnología detrás de ChatGPT podría hacer realidad leer las mentes

Published Sat, 22 Feb 2025 16:50:26 GMT

(CNN) — En una mañana de domingo reciente, me encontré usando un par de uniformes médicos que no me quedaban bien, acostado boca arriba en los confines claustrofóbicos de una máquina de resonancia magnética funcional en un centro de investigación en Austin, Texas. “Las cosas que hago para la televisión”, pensé.Cualquiera que haya tenido una resonancia magnética o resonancia magnética funcional te dirá lo ruidoso que es: las corrientes eléctricas se arremolinan creando un poderoso campo magnético que produce escaneos detallados de tu cerebro. En esta ocasión, sin embargo, apenas podía escuchar el fuerte arranque de los imanes mecánicos, me dieron un par de auriculares especializados que comenzaron a reproducir segmentos del audiolibro “El mago de Oz”.¿Por qué?Neurocientíficos de la Universidad de Texas en Austin han descubierto una forma de traducir los escaneos de la actividad cerebral en palabras utilizando la misma tecnología de inteligencia artificial que impuls...

Kamada: Q1 Earnings Snapshot

Published Sat, 22 Feb 2025 16:50:26 GMT

REHOVOT, Israel (AP) — REHOVOT, Israel (AP) — Kamada Ltd. (KMDA) on Wednesday reported a loss of $1.8 million in its first quarter.The Rehovot, Israel-based company said it had a loss of 4 cents per share. Earnings, adjusted for non-recurring costs, were 4 cents per share.The biopharmaceutical posted revenue of $30.7 million in the period.Kamada expects full-year revenue in the range of $138 million to $146 million._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on KMDA at https://www.zacks.com/ap/KMDASource

Kohl’s: Fiscal Q1 Earnings Snapshot

Published Sat, 22 Feb 2025 16:50:26 GMT

MENOMONEE FALLS, Wis. (AP) — MENOMONEE FALLS, Wis. (AP) — Kohl’s Corp. (KSS) on Wednesday reported fiscal first-quarter profit of $14 million.On a per-share basis, the Menomonee Falls, Wisconsin-based company said it had profit of 13 cents.The results topped Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for a loss of 44 cents per share.The department store operator posted revenue of $3.57 billion in the period, also surpassing Street forecasts. Six analysts surveyed by Zacks expected $3.52 billion.Kohl’s expects full-year earnings in the range of $2.10 to $2.70 per share._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on KSS at https://www.zacks.com/ap/KSSSource

Analog Devices: Fiscal Q2 Earnings Snapshot

Published Sat, 22 Feb 2025 16:50:26 GMT

WILMINGTON, Mass. (AP) — WILMINGTON, Mass. (AP) — Analog Devices Inc. (ADI) on Wednesday reported fiscal second-quarter net income of $977.7 million.The Wilmington, Massachusetts-based company said it had net income of $1.92 per share. Earnings, adjusted for one-time gains and costs, were $2.83 per share.The results surpassed Wall Street expectations. The average estimate of 11 analysts surveyed by Zacks Investment Research was for earnings of $2.75 per share.The semiconductor maker posted revenue of $3.26 billion in the period, which also topped Street forecasts. Ten analysts surveyed by Zacks expected $3.21 billion.For the current quarter ending in July, Analog Devices expects its per-share earnings to range from $2.42 to $2.62. Analysts surveyed by Zacks had forecast adjusted earnings per share of $2.50.The company said it expects revenue in the range of $3 billion to $3.2 billion for the fiscal third quarter. Analysts surveyed by Zacks had expected revenue of $3.11 billion.Analo...

National Weather Service says Typhoon Mawar passing over Guam as Category 4 storm with strong winds, rain

Published Sat, 22 Feb 2025 16:50:26 GMT

HAGATNA, Guam (AP) — National Weather Service says Typhoon Mawar passing over Guam as Category 4 storm with strong winds, rain.Source

The Children’s Place: Fiscal Q1 Earnings Snapshot

Published Sat, 22 Feb 2025 16:50:26 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 16:50:26 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...