Lyft stock soars 62% due to typo in earnings release
Lyft stock soared 62% after the bell on Tuesday. That's partly because a typo in the ride-hailing company's earnings call sent investors' automated trading algorithms (also known as “bots”) into a buying frenzy. In Lyft's fourth quarter report, a key profit metric was initially expected to increase by 500 basis points (5%) in 2024. However, about five minutes after the initial announcement, the company informed investors that this number had one too many zeros. We revised the numbers to a more realistic 0.5%, or 50 basis points. Shares have adjusted lower, but were still up more than 37%, or $16.69 per share, in early Wednesday trading after the company beat most Wall Street expectations for the quarter.
Kansas state legislature considers tougher penalties for harming police dogs
TOPEKA, Kan. (AP) — Kansas lawmakers are moving to impose harsher prison sentences for those who harm or kill police dogs. The bill has bipartisan support, despite questions elsewhere about how animals will be used. The state House is scheduled to take a final vote Wednesday on a bill that would allow judges to sentence first-time offenders who kill police dogs to five years in prison and require them to pay a fine of at least $10,000. Killing a dog is already a felony in Kansas, punishable by up to one year in prison and a maximum fine of $5,000. The move comes in response to the death of an 8-year-old sheriff's dog in Wichita in November.
Ash Wednesday and Valentine's Day fall on the same day this year.Here's what you need to know
Due to the calendar, February 14th is the most important holiday this year. Valentine's Day is an annual celebration of love and friendship. A cute couple, enthusiastic elementary school students, and critics who scoff at its commercialization are in the spotlight. But it also happens to be Ash Wednesday, a solemn day of fasting and reflection that marks the beginning of Christianity's most penitential season. Ash Wednesday is not a fixed date. Its timing is tied to Easter Sunday, which for most Christians falls on March 31st of this year. Easter also moves each year, varying between March 22nd and April 25th based on calendar calculations that include the month.
Stuffed animal war?Toy makers Squashmallows and Build-A-Bear are suing each other for 'counterfeiting'
NEW YORK (AP) — It turns out the stuffed animal industry actually has a lot of sharp elbows. Build-A-Bear and Squashmallow maker Kelly Toys are currently facing off in federal court. In a lawsuit filed Monday, Kelly Toys and its parent company, Jazzwares, allege that Bill-A-Bear's new product, Squashers, imitates the look and feel of the company's super-popular toy Squashmallows. . Build-A-Bear quickly hit back with its own lawsuit, claiming that its “Squasheers” toys were based on original stuffed animals that have been around for years. Jazzwear is owned by insurance giant Alleghany, which is managed by Warren Buffett's Berkshire Hathaway.
Plane crashes into fence at Norway's main airport, third accident in two weeks
COPENHAGEN, Denmark (AP) – Scandinavian Airlines says one of its planes crashed into a fence at Oslo Airport, causing minor damage to the aircraft and no injuries. The plane landed. This is the third accident reported at Norway's main airport in the past two weeks. The airport said two of the three recent incidents occurred at the same gate, which is currently closed. On Tuesday, a Norwegian plane headed to Kristiansand collided with another aircraft, breaking its wing. An airport spokesperson said all incidents would be investigated.
1 dead, 5 injured after car crashes into emergency room in Austin, Texas
AUSTIN, Texas (AP) – The driver was killed and five others were injured, including a child with life-threatening injuries, after the car he was driving crashed into a Texas hospital emergency room. Austin-Travis County Emergency Medical Services officials said in a news conference that the car crashed into the lobby of the ER at St. David's North Austin Medical Center just after 5:30 p.m. Tuesday. Police said the accident appears to have been unintentional. With a 24-hour emergency department, St. David's North Austin Medical Center is a 441-bed acute care center with many specialties, including obstetrics and neonatal care, other women's health services, and heart and brain care, according to its website. It is described as a medical facility. surgery, robotic surgery, etc.
Thousands of Uber and Lyft drivers in the US plan Valentine's Day strike
Thousands of U.S. ride-hailing workers plan to park their cars and picket at major U.S. airports in what organizers say is the largest strike ever to demand better pay and benefits. That's what it means. Uber and Lyft drivers are planning a day-long strike Wednesday in cities including Chicago, Philadelphia, Pittsburgh and Miami. The workers also plan to hold a daytime demonstration at the airport. The group organizing the strike, Justice for App Workers, says workers are demanding higher wages, access to health care and job security. Uber said Tuesday that it doesn't expect the strike to significantly impact its Valentine's Day operations.
Pond hockey in New Hampshire brightens up winters for hundreds of people.But climate change threatens sports
MEREDITH, N.H. (AP) — Every February, more than 2,000 players gather in Meredith, N.H., for the three-day Pond Hockey Classic. For many, the tournament is the highlight of the winter and a return to the sport's roots. But like many winter traditions on lakes across the United States, pond hockey is under threat from climate change. This year, the Meredith Tournament was relocated from Lake Winnipesaukee, where the ice wasn't thick enough, to smaller Lake Waukewan. Ice events have been affected or canceled across the U.S. Last year was the warmest on record on Earth, but the natural El Niño phenomenon made the winter even milder in some areas.
Does soon-to-be NCAA leading scorer Caitlin Clark need a title to become one of the best in the game?
Iowa's Caitlin Clark will soon become the NCAA's all-time leading scorer in women's college basketball. That said, the Hawkeyes' shooting stars like Southern California's Sheryl Miller, Texas Tech's Sheryl Swoopes, UW's Maya Moore and Tennessee's Chamick Holdsclaw all earned NCAA Tournament honors. , will be among the best players in the game? University of South Carolina coach Dawn Staley believes that will happen. She says Clark has become a must-see attraction in the rapidly growing women's game.
Jenny Kavner makes history as the Oakland A's main play-by-play announcer
OAKLAND, Calif. (AP) – Veteran baseball broadcaster Jenny Cavner has been hired by NBC Sports California as the new lead play-by-play announcer for the Oakland Athletics. Kavner will become the first female play-by-play man in Major League history and will be the voice for the majority of Athletics games in the upcoming 2024 season. She has covered baseball for 17 of her 20 years in the media industry, most recently calling in as a backup play-by-play announcer for Colorado Rockies games for the past 12 years, while also covering pre-game and post-game shows. I was also in charge of moderating regional interviews.
