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DC Council blocks Mayor Bowser’s attempt to move $20 million to other housing programs

Published Fri, 07 Feb 2025 11:28:56 GMT

The housing crisis continues to grow in the D.C. area. But there is some potentially good news for renters in the District.A recent request from Mayor Muriel Bowser’s office to move out $20 million from the District’s Emergency Rental Assistance Program (ERAP) into a rapid rehousing program, which helps people experiencing homelessness, was blocked by the D.C. Council on Tuesday.Councilmembers discussed ways to keep the rental assistance program open at a Nov. 7 council meeting.Officials said that when ERAP, which helps D.C. residents earning less than 40% of the area’s median income avoid eviction, opened for applications in October, it crashed. The system received a total of 3,578 applications, highlighting the need for the program.“We cannot take away funding from a program helping residents avoid eviction and homelessness,” Councilman Robert White said in a statement.He said that he along with Council Chairman Phil Mendelson directed an additional $...

Fresh Tracks Therapeutics: Q3 Earnings Snapshot

Published Fri, 07 Feb 2025 11:28:56 GMT

BOULDER, Colo. (AP) — BOULDER, Colo. (AP) — Fresh Tracks Therapeutics, Inc. (FRTX) on Monday reported profit of $1.9 million in its third quarter.On a per-share basis, the Boulder, Colorado-based company said it had net income of 32 cents.The drug developer posted revenue of $7.9 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 FRTX at https://www.zacks.com/ap/FRTXSource

Stock market today: Wall Street points modestly lower ahead of a meeting between Biden, China’s Xi

Published Fri, 07 Feb 2025 11:28:56 GMT

Wall Street inched lower early Monday ahead of a busy news week that includes new data on inflation and how retailers are holding up, as well as a meeting between President Joe Biden and Chinese leader Xi Jinping. Futures for the S&P 500 lost 0.2% before the bell while the Dow Jones Industrial Average edged 0.1% lower.Biden and Xi are due to meet on Wednesday on the sidelines of a Pacific Rim summit in California for the first face-to-face encounter in a year between the leaders of the world’s two biggest economies.Both seek a greater measure of stability to a relationship that is being defined by differences over export controls, tensions over Taiwan, the wars in the Middle East and Europe, and incidents such as the infamous spy balloon.A fresh read on U.S. consumer prices and retail sales are due Tuesday and Wednesday, respectively. In premarket trading Monday, Boeing jumped 3.2% after ringing up more than $60 billion in aircraft orders on the first day of the Dubai Air Show. ...

One feast to please them all: How to satisfy meat eaters, vegetarians and vegans at Thanksgiving

Published Fri, 07 Feb 2025 11:28:56 GMT

I know there are some Thanksgiving gatherings without a vegan or a vegetarian at the table, but these days that seems like more of an anomaly than the norm.We have had vegetarians at our Thanksgiving table my entire life. My sister, Lizzie, and her daughters are vegetarian and now vegan, and my mother became a vegetarian later in life. There are plenty of folks at the table who want to enjoy the turkey and all those trimmings, but a significant number of others are interested only in the vegetarian or vegan sides. And there is no way anyone leaves a Workman family Thanksgiving anything less than full and happy, so we Bring It for everyone.But cooking for a crowd on Thanksgiving is already challenging enough, and no one wants to make a whole lot of extra dishes. So, the name of the game is adaptability and streamlining.The short of it is that we make plenty of meat-free sides, including some that are substantial enough to feel entrée-like for the non-meat eaters. And then we make mod...

Acasti: Fiscal Q2 Earnings Snapshot

Published Fri, 07 Feb 2025 11:28:56 GMT

LAVAL, Quebec (AP) — LAVAL, Quebec (AP) — Acasti Pharma Inc. (ACST) on Monday reported a loss of $3.3 million in its fiscal second quarter.The Laval, Quebec-based company said it had a loss of 43 cents per share. Losses, adjusted for non-recurring costs, were 19 cents per share.The company’s shares closed at $2.22. A year ago, they were trading at $3.02._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ACST at https://www.zacks.com/ap/ACSTSource

Theriva Biologics: Q3 Earnings Snapshot

Published Fri, 07 Feb 2025 11:28:56 GMT

ROCKVILLE, Md. (AP) — ROCKVILLE, Md. (AP) — Theriva Biologics, Inc. (TOVX) on Monday reported a loss of $3.3 million in its third quarter.The Rockville, Maryland-based company said it had a loss of 19 cents 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 TOVX at https://www.zacks.com/ap/TOVXSource

KALA BIO: Q3 Earnings Snapshot

Published Fri, 07 Feb 2025 11:28:56 GMT

ARLINGTON, Mass. (AP) — ARLINGTON, Mass. (AP) — KALA BIO, Inc. (KALA) on Monday reported a loss of $8.7 million in its third quarter.On a per-share basis, the Arlington, Massachusetts-based company said it had a loss of $3.41.The results missed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of $2.15 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 KALA at https://www.zacks.com/ap/KALASource

L.S. Starrett: Fiscal Q1 Earnings Snapshot

Published Fri, 07 Feb 2025 11:28:56 GMT

ATHOL, Mass. (AP) — ATHOL, Mass. (AP) — L.S. Starrett Co. (SCX) on Monday reported profit of $1.9 million in its fiscal first quarter.On a per-share basis, the Athol, Massachusetts-based company said it had net income of 25 cents.The measurment and cutting tool company posted revenue of $60.6 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 SCX at https://www.zacks.com/ap/SCXSource

New rule would make it easier for millions of Americans to unionize, but businesses are pushing back

Published Fri, 07 Feb 2025 11:28:56 GMT

A new federal rule that goes into effect next month could make it easier for millions of workers to form unions at big companies like McDonald’s. But it’s already facing significant pushback from businesses and some members of Congress.The rule — announced late last month by the National Labor Relations Board –- sets new standards for determining when two companies should be considered “joint employers” under the National Labor Relations Act. It sounds wonky. But essentially, the rule could widen the number of companies that must participate in labor negotiations alongside their franchisees or independent contractors. For example, it might require Burger King to bargain with workers even though most of its U.S. restaurants are owned by franchisees. Or it could require Amazon to negotiate with delivery drivers who are employed by independent contractors. “It’s trying to take in the realities of today’s workforce, when many employers subcontract out work and say, ‘Oh, we’re not the em...

I-25 reopens after multi-car crash

Published Fri, 07 Feb 2025 11:28:56 GMT

DENVER (KDVR) — A major crash closed all southbound lanes of Interstate 25 in Broomfield.According to the Broomfield Police Department, a multiple-vehicle crash closed all southbound lanes of I-25 south of Highway 7. The area is near the 144th Avenue exit. The crash was reported just after 6 a.m. on Monday. These Colorado towns and events nominated best in the US Broomfield Police did not immediately say how many cars were involved and if any injuries were reported. SkyFOX flew over the scene where several emergency vehicles were blocking the lanes. A huge backup could be spotted. Broomfield Police were asking drivers to avoid the area. For detours around the closure, visit the Denver traffic map.The highway was reopened just after 7 a.m.