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Delaware judge refuses to dismiss Facebook shareholder suit over user data privacy breaches

Published Tue, 25 Feb 2025 01:20:59 GMT

DOVER, Del. (AP) — A Delaware judge on Wednesday refused to dismiss a shareholder lawsuit alleging that Facebook officers and directors violated both the law and their fiduciary duties in failing for years to protect the privacy of user data.Vice Chancellor J. Travis Laster rejected arguments that the complaint should be dismissed because the plaintiffs did not first demand that Facebook’s board take legal action before filing litigation themselves. Under Delaware law, shareholders must make such a demand or demonstrate that doing so would be futile because a majority of directors were self-interested, lacked independence or faced a substantial likelihood of liability.Laster agreed with the plaintiffs that demand would be futile because there is reasonable doubt that a majority of the relevant Facebook board members, many with close personal and business ties to Mark Zuckerberg, would be willing to confront the CEO and founder of the company now known as Meta Platforms Inc., o...

Benev Capital: Q1 Earnings Snapshot

Published Tue, 25 Feb 2025 01:20:59 GMT

VANCOUVER, British Columbia (AP) — VANCOUVER, British Columbia (AP) — Benev Capital Inc. (BEVFF) on Wednesday reported first-quarter net income of $4.9 million.The Vancouver, British Columbia-based company said it had net income of 4 cents per share.The royalty acquisition company posted revenue of $9.1 million in the period.In the final minutes of trading on Wednesday, the company’s shares hit $2.26. A year ago, they were trading at $2.16._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on BEVFF at https://www.zacks.com/ap/BEVFFSource

Denison Mine: Q1 Earnings Snapshot

Published Tue, 25 Feb 2025 01:20:59 GMT

TORONTO (AP) — TORONTO (AP) — Denison Mine Corp. (DNN) on Wednesday reported a loss of $1.8 million in its first quarter.The Toronto-based company said it had a loss of less than 1 cent on a per-share basis.The uranium mining company posted revenue of $801,700 in the period. Its adjusted revenue was $802,000._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on DNN at https://www.zacks.com/ap/DNNSource

Astros hang on after Ohtani’s 2-run homer in 9th inning, beat Angels 5-4

Published Tue, 25 Feb 2025 01:20:59 GMT

ANAHEIM, Calif. (AP) — Cristian Javier struck out 11 over six strong innings of three-hit ball, and the Houston Astros overcame Shohei Ohtani’s two-run homer in the ninth inning for a 5-4 victory over the Los Angeles Angels on Wednesday.Ohtani made things interesting with a two-run shot off Houston closer Ryan Pressly in the ninth, golfing a curveball below the zone into the right-field stands for his eighth homer following Mike Trout’s leadoff single.Anthony Rendon and Hunter Renfroe then delivered singles, but Pressly retired three straight Angels to complete his sixth save.Jeremy Peña had a two-run single during Houston’s four-run fourth inning, and Yordan Alvarez homered as the Astros took two of three at Angel Stadium.Houston got back-to-back outstanding starts from Framber Valdez and Javier (3-1), who allowed three runs and struck out 23 over 14 combined innings. Javier, who got a whopping 24 swing-and-misses while hitting a season-high for strikeouts, issued just one wa...

‘Affront to democracy,’ Mississippi resident says of appointing judges where most are elected

Published Tue, 25 Feb 2025 01:20:59 GMT

JACKSON, Miss. (AP) — Three residents of Mississippi’s capital city testified Wednesday that their rights as citizens are undermined by a new state law that would create a court inside Jackson with judges who are appointed because the state constitution requires most judges to be elected.“It is an affront to democracy,” Ann Saunders said.She and the other two residents — Sabreen Sharrief and Dorothy Triplett — are the plaintiffs in a lawsuit filed by the NAACP Legal Defense Fund, the Mississippi Center for Justice, the ACLU of Mississippi and the MacArthur Justice Center.The lawsuit is one of two that challenge laws Republican Gov. Tate Reeves signed April 21. The laws will expand state policing in the capital city of Jackson, establish a court with an appointed judge and authorize four appointed judges to work alongside the four elected circuit court judges in Hinds County, which is home to Jackson.Hinds County Chancery Judge Dewayne Thomas conducted a hearing Wednesday to co...

Top jewelry pieces fall short of target prices at Christie’s auction derided by Jewish groups

Published Tue, 25 Feb 2025 01:20:59 GMT

GENEVA (AP) — A ruby ring and a diamond necklace fetched less than their pre-sale estimates at a Christie’s auction Wednesday of a vast jewelry collection of a late Austrian heiress that was bought with riches from a retail empire dating back to the Nazi era in Germany. Jewish groups criticized the auction.The auction house defended the sale of some 700 pieces of jewelry. saying proceeds are going to charitable causes, including a Vienna art museum and medical research. The collection belonged to Heidi Horten, whose German husband built a retail empire starting in the 1930s. She died last year. Advocacy groups defending the rights of Holocaust survivors and victims had urged Christie’s not to go through with the sale.The nearly 26-carat “Sunrise Ruby” — which Horten bought for the equivalent of about $30 million in 2015 — went Wednesday for just over 13 million Swiss francs (about $14.6 million), including fees and the “buyer’s premium.” The pre-sale estimate was f...

Adams, Thomas homer, Nationals beat Giants 11-6 behind Gray

Published Tue, 25 Feb 2025 01:20:59 GMT

SAN FRANCISCO (AP) — Riley Adams and Lane Thomas homered, Josiah Gray pitched seven strong innings and the Washington Nationals beat the San Francisco Giants 11-6 on Wednesday in the rubber match of a three-game series.Ildemaro Vargas went 3 for 5 with three RBIs, finishing a home run shy of the cycle.“We had good at-bats all day,” Washington manager Dave Martinez said. “It was a good day. Good way to end the road trip and get back home with a day off.”Michael Conforto and LaMonte Wade Jr. homered for San Francisco.The Nationals roughed up Giants left-hander Sean Manaea for eight runs (four earned) in 2 2/3 innings. Manaea (1-2) walked three and struck out four.“I made a lot of mistakes today and they made me pay for that,” he said. “All my stuff just (stunk). That’s really what it comes down to.”Gray (3-5) allowed two runs and five hits, walking four and striking out three. The right-hander has permitted three runs or fewer in seven consecutive starts.“(The run support) puts ...

American States Water: Q1 Earnings Snapshot

Published Tue, 25 Feb 2025 01:20:59 GMT

SAN DIMAS, Calif. (AP) — SAN DIMAS, Calif. (AP) — American States Water Co. (AWR) on Wednesday reported first-quarter profit of $34.4 million.On a per-share basis, the San Dimas, California-based company said it had net income of 93 cents. Earnings, adjusted for non-recurring gains, were 54 cents per share.The water and electric utility posted revenue of $161.4 million in the period.American States Water shares have decreased slightly since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $92.13, a climb of 21% 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 AWR at https://www.zacks.com/ap/AWRSource

Phillies come back to defeat Blue Jays 2-1 on error in 10th inning

Published Tue, 25 Feb 2025 01:20:59 GMT

PHILADELPHIA (AP) — Edmundo Sosa scored on Bryce Harper’s hard-hit grounder in the 10th inning after Toronto shortstop Bo Bichette’s throwing error and the Philadelphia Phillies came back to defeat the Blue Jays 2-1 on Wednesday.With Sosa on second base to start the 10th, Tim Mayza (1-1) struck out Bryson Stott before walking Trea Turner to put runners on first and second with one out. Harper lined a bouncer toward the mound and Mayza made a good play to snare it and fired to second base to set up an apparent double play. But Bichette’s throw went wide of first baseman Vladimir Guerrero Jr. and Sosa just beat Guerrero’s throw home while sliding headfirst into the plate.The Blue Jays challenged plate umpire Chad Fairchild’s safe call, but replays confirmed the call on the field.Craig Kimbrel (2-1) struck out two in a scoreless top of the 10th.The Phillies, who have won three in a row, tied it in the ninth on J.T. Realmuto’s RBI double.Brandon Belt homered and starter Kevin Gaus...

Tornado touches down near Brush during live newscast

Published Tue, 25 Feb 2025 01:20:59 GMT

BRUSH, Colo. (KDVR) — A tornado touched down near Brush as thunderstorms hit northeast Colorado on Wednesday evening. The twister was seen live on TV during a FOX31 newscast.Storm chaser Nathan Moore captured video of the tornado along Highway 71, south of Interstate 76."This is our first visual confirmation of a tornado on the ground," Pinpoint Weather Chief Meteorologist Dave Fraser said.The tornado was confirmed at 5:55 p.m. about 6 miles east of Gary, or 14 miles southwest of Akron, according to the National Weather Service. It was moving north at 30 mph. The best and worst places to shelter during a tornado Fraser said the tornado was a landspout. A tornado warning was in effect for Morgan and Washington counties through 6:15 p.m.Tornado warnings were frequent throughout Wednesday in northeast Colorado, including in parts of the metro in Arapahoe and Douglas counties and on the Eastern Plains. Hail that was pounding parts of the metro was moving out to the plains by the early...