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Walmart shines in rough retail environment, ratchets up outlook after strong first quarter

Published Fri, 22 Nov 2024 04:14:16 GMT

NEW YORK (AP) — Walmart reported strong first-quarter sales results as the nation’s largest retailer’s low-prices continue to draw budget conscious consumers in a challenging economic environment of stubbornly high inflation, particularly in groceries.The company beat Wall Street expectations Thursday and boosted its annual profit and sales outlook.Comparable store sales — those from established stores and online operating over the past 12 months — rose 7.4% in the quarter ended April, a bit slower than the 8.3% during the fourth quarter but still impressive. Global online sales surged 26%.Shares rose 1% Thursday.“Globally, customers continue to seek value given the impact of inflation,” CEO Doug McMillon told analysts Thursday. “We see it in the U.S. and in other markets like Mexico, Canada and Chile.”Other major retailers posted quarterly results this week, and there was a marked slowdown in spending, an environment in which Walmart can thrive due to its focus on low p...

Denver rent down 2% year over year, rent growth slowing nationally

Published Fri, 22 Nov 2024 04:14:16 GMT

DENVER (KDVR) -- Rent growth is slowing around the country, and around the Denver area it's even reversing. Realtor.com released its monthly rental report Thursday, which examines rental prices, growth and vacancy among the nation's 50 largest metro areas. The April report says the worst of the early 2020s inflation has passed for now regarding housing costs. The nation's rent growth has slowed for the 15th month in a row. In April, the national median rent rose by 0.3% annually, which is the lowest since the COVID pandemic began. Police discover weapons, drugs after disarming man of modified BB gun The areas that exploded in population growth and housing costs in 2021 and 2022 are now cooling off, including Denver. Western and Sunbelt metros each saw rents go down year over year while they rose in the Midwest, where people have been seeking lower costs of living. The median rent for Denver area studio, 1-bedroom and 2-bedroom apartments fell 2% since last April. About half of th...

Denver weather: More spring showers and cooler temperatures

Published Fri, 22 Nov 2024 04:14:16 GMT

DENVER (KDVR) — Denver’s weather will turn cloudy and wet again Thursday into Friday. This storm system will bring less rain than last week’s showers, but it will still be a cooler and wet two days with the potential for minor flooding.Weather today: Cool, cloudy and soggy ThursdayDenver and the Front Range will wake up behind a cold front with mostly cloudy skies, patchy fog and isolated showers. The better chance for showers will move in this afternoon and evening.   Over 800% of average precipitation measured in parts of Colorado The best chance for rain will come Thursday afternoon, through the evening, and into early Friday morning. Temperatures will be cooler than yesterday and just reach the mid-60s. If clouds break up in the afternoon, there will be warmer temperatures in some spots and a better chance for evening thunderstorms. Denver has had 5 times more rain than Seattle so far this May While widespread flooding is not anticipated, if th...

Crews work to put out trash fire in Miami

Published Fri, 22 Nov 2024 04:14:16 GMT

Miami Fire Rescue responded to a trash fire in the vicinity of N.W. 68th St. and 14th Ave. on Thursday afternoon, successfully extinguishing the flames.7Skyforce hovered over the scene, where heavy flames and thick smoke were briefly visible until crews put the fire out. https://twitter.com/MiamiPD/status/1659256217129164801?s=20No injuries were reported as a result of the incident, and there were no immediate threats to surrounding residents or properties.Please check back on WSVN.com and 7News for more details on this developing story.

Vehicle crashes into Fort Lauderdale condominium unit

Published Fri, 22 Nov 2024 04:14:16 GMT

Fort Lauderdale Fire Rescue responded to the scene of an accident where a vehicle crashed into a condominium unit, causing injuries to a man. Officials said the incident occurred shortly before 12:30 p.m., Thursday. 7Skyforce hovered over the scene at the Bay Colony Club, located at 6529 Bay Club Drive in Fort Lauderdale, where damage to an enclosed patio can be seen. Details are still unfolding, but preliminary information indicates that an SUV drove into an enclosed patio within the condominium complex. A man sitting inside the patio was injured with non-life-threating injuries and was transported to Broward Health North.An inspector will check the condo for any structural damage. Please check back on WSVN.com and 7News for more details on this developing story.

Restaurant review: Tigermilk

Published Fri, 22 Nov 2024 04:14:16 GMT

Rue du Bailli 46What’s good: The drinks are great, balanced and delightful. We heartily recommend the Margarita Azteca. The food presentation also impresses, served on trendy dishware with beautiful colors corresponding to ingredients included in the food.For a starter, the guacamole is a good choice — but don’t go for guacamole caliente, as no spice is added. And pace yourself with it, the dip is served with a hearty bowl of tortilla chips.What’s not: The tacos. The carnitas, carefully cooked for 11 hours, seemed like an obvious choice. But they were lukewarm and flavorless, and the tortilla too crispy.The Tigermilk ceviche comes with fresh pollock coated in a coconut milk sauce accompanied by pomegranate, cilantro and mango. It’s a creative undertaking that, regardless, doesn’t quite deliver. For vegetarian and vegan diners, the main course options are limited. We tried the Frida Calor, but this bold dish also didn’t meet expectations. The feta cheese is a nice touch — and a neces...

Spain violated Catalan ex-leader’s rights, UN body rules

Published Fri, 22 Nov 2024 04:14:16 GMT

The Spanish Supreme Court’s decision to suspend former Catalan President Carles Puigdemont from his public duties violated his rights, the U.N.’s Human Rights Committee has ruled. In the resolution, dated May 15, the committee concluded that the Court’s decision to suspend the MEP for “alleged crimes on the basis of public and peaceful acts” in 2018 didn’t meet the bar of “reasonableness and objectivity” and violated his right to be elected. Spain is a signatory to the relevant U.N. code, and must now provide “effective and legal remedy,” according to the decision, although the committee cannot impose penalties on Madrid.Puigdemont, who now lives in Belgium after fleeing Spain in 2017, faces an arrest warrant alongside four others separatists for his role in Catalonia’s controversial independence referendum that took place the same year.The region’s former leader hailed the “very important” resolution in a...

Mother’s boyfriend arraigned on murder charge in Jeremiah Oliver’s death

Published Fri, 22 Nov 2024 04:14:16 GMT

A Fitchburg man already serving time for assaulting the family of a 5-year-old boy who was found dead in a suitcase is being charged in connection with the child’s murder.Alberto Sierra Jr., 32, the boyfriend of Jeremiah Oliver’s mother, was ordered held without bail after appearing in Worcester Superior Court on Thursday morning.Sierra is already serving 6 to 7 years in prison after pleading guilty to assault and child endangerment charges back in 2017.The arraignment comes as authorities continue to investigate the death of the 5-year-old Jeremiah, who was discovered to be missing in 2013 before the his body was found in a suitcase on the side of I-190 in Sterling the following year.The Office of the Chief Medical Examiner later determined Jeremiah’s death to be a homicide, listing the cause of death as “homicidal violence of undetermined etiology.”Prosecutors said Sierra assaulted Jeremiah Oliver’s mother, Elsa Oliver, and two of his young siblings between March and D...

Judge rejects lawsuit by Nantucket residents to block wind turbines, protect right whales

Published Fri, 22 Nov 2024 04:14:16 GMT

BOSTON (AP) — A federal judge has rejected a lawsuit brought by Nantucket residents who argued that the planned construction of dozens of wind turbines off the affluent resort island threatens the survival of endangered Northern Atlantic right whales.Nantucket Residents Against Turbines said Vineyard Wind’s proposed project of some 62 turbines in waters 14 miles (22 kilometers) south of the island is in a crucial area for foraging and nursing for the dwindling species, which researchers estimate to number about 340.In a ruling issued Wednesday, U.S. District Judge Indira Talwani found the group failed to show that either the U.S. Bureau of Ocean Energy Management or the National Marine Fisheries Service violated the Endangered Species Act or the National Environmental Policy Act in issuing a 2021 biological opinion or final environmental impact statement for the wind energy project.Vineyard Wind CEO Klaus Moeller welcomed the decision.“We’re pleased the court has acknowledged t...

Supreme Court avoids ruling on law shielding internet companies from being sued for what users post

Published Fri, 22 Nov 2024 04:14:16 GMT

WASHINGTON (AP) — The Supreme Court on Thursday sided with Google, Twitter and Facebook in lawsuits seeking to hold them liable for terrorist attacks. But the justices sidestepped the big issue hovering over the cases, the federal law that shields social media companies from being sued over content posted by others.The justices unanimously rejected a lawsuit alleging that the companies allowed their platforms to be used to aid and abet an attack at a Turkish nightclub that killed 39 people in 2017.In the case of an American college student who was killed in an Islamic State terrorist attack in Paris in 2015, a unanimous court returned the case to a lower court, but said there appeared to be little, if anything, left of it.The high court initially took up the Google case to decide whether the companies’ legal shield for the social media posts of others, contained in a 1996 law known as Section 230, is too broad.Instead, though, the c...