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Stock market today: Wall Street drifts at start of shortened trading day after its big rally

Published Wed, 27 Nov 2024 06:07:08 GMT

NEW YORK (AP) — Stocks are drifting at the start of a shortened trading day Monday as momentum slows on Wall Street following a powerful rally.The S&P 500 was 0.1% lower in early trading, though it’s still close to its highest level since April 2022. The Dow Jones Industrial Average was down 89 points, or 0.3% at 34,317, as of 9:40 a.m. Eastern time, while the Nasdaq composite was 0.2% higher.Tesla was one of the stronger stocks in the market, rising 6.9%. The company said over the weekend that the number of vehicles it delivered during the spring surged by 83% from a year earlier. That was more than analysts expected, though cuts to prices may have driven some of the gains. Investors will see how much the discounts hit profits when Tesla reports its earnings on July 19.Tesla’s strong numbers helped drive stocks up of other electric-vehicle companies. Rivian jumped 13.4%, and Nikola gained 6.7%.Much of the rest of the market was quieter following a rally where the S&P 500 cl...

Activists spurred by affirmative action ruling sue Harvard over legacy admissions

Published Wed, 27 Nov 2024 06:07:08 GMT

WASHINGTON (AP) — A civil rights group is challenging legacy admissions at Harvard University, saying the practice discriminates against students of color by giving an unfair boost to the mostly white children of alumni.It’s the latest effort in a growing push against legacy admissions, the practice of giving admissions priority to the children of alumni. Backlash against the practice has been building in the wake of last week’s Supreme Court’s decision ending affirmative action in college admissions.Lawyers for Civil Rights, a nonprofit based in Boston, filed the suit Monday on behalf of Black and Latino community groups in New England, alleging that Harvard’s admissions system violates the Civil Rights Act.“Why are we rewarding children for privileges and advantages accrued by prior generations?” said Ivan Espinoza-Madrigal, the group’s executive director. “Your family’s last name and the size of your bank account are not a measure of merit, and should have no bearing on the...

Toronto Raptors officially sign first round draft pick Gradey Dick

Published Wed, 27 Nov 2024 06:07:08 GMT

Gradey Dick is officially a member of the Toronto Raptors.The swingman signed a rookie scale contract 11 days after the Raptors selected him 13th overall in the NBA draft.Dick is under contract through the 2024-25 season, with two team option years to follow.Per team policy, financial terms of the deals were not disclosed.Dick averaged 14.1 points, 5.1 rebounds, 1.7 assists, 1.4 steals as a freshman at Kansas last season.He shot .442 from the field, including .403 from three-point range, and set the Jayhawks freshman record for three-point field goals made with 83.Dick was named to the All-Big 12 Second Team and Big 12 All-Freshman Team.

An Olympic champion boos protesters who knelt on the track near the finish line of his race

Published Wed, 27 Nov 2024 06:07:08 GMT

STOCKHOLM, Sweden (AP) — Olympic champion Karsten Warholm won his 400-meter hurdles race on Sunday and then turned to join in the crowd booing environmental protesters who disrupted the Diamond League event near the finish.Three people kneeled on the track about eight meters (yards) from the line holding two banners that spanned from lanes one to six, forcing runners to break through them. No athlete appeared to be hurt.Warholm running in lane eight had no barrier in his way though seemed distracted, with a fourth apparent protester squatting in lane seven seeming to photograph the incident.He was visibly angry with the protesters as they were led away while spectators booed.The Norwegian star later told national broadcaster NRK the protest was disrespectful to athletes doing their job.Warholm’s winning time on a cool, rainy evening was 47.57 seconds, well outside his 45.94 world record set at the Tokyo Olympics two years ago.An unusual evening’s work for Warholm included warming up...

Leon Gautier, last member of French D-Day military commando, dies at 100

Published Wed, 27 Nov 2024 06:07:08 GMT

PARIS (AP) — Leon Gautier, the last surviving member of an elite French unit that joined U.S. and other Allied forces in the 1944 D-Day invasion to wrest Normandy from Nazi control, has died. He was 100.The death was announced Monday by Romain Bail, the mayor of Ouistreham, an English Channel coastal community where Allies landed on June 6, 1944, and where Gautier lived out his last years. Details were not released. A special tribute ceremony is expected.Gautier was a nationally known figure and met with President Emmanuel Macron as part of commemorations for the 79th anniversary of D-Day last month.He and his comrades in the Kieffer Commando unit were among the first waves of Allied troops to storm the heavily defended beaches of Nazi-occupied northern France, beginning the liberation of western Europe.The commandos spent 78 days straight on the front lines, in ever-dwindling numbers.Of the 177 who waded ashore on the morning of June 6, 1944, just two dozen escaped death or injury,...

The Democratic Party promised to overhaul its primaries. Doing that has been anything but simple

Published Wed, 27 Nov 2024 06:07:08 GMT

WASHINGTON (AP) — New Hampshire is in open rebellion. Georgia is all but out. South Carolina and Nevada are on board but face stiff Republican pushback. Michigan’s compliance may mean having to cut the state legislative session short, despite Democrats controlling both chambers and the governor’s mansion. Then there’s Iowa, which is looking for ways to still go first without violating party rules. Months after the Democratic Party approved President Joe Biden’s plan to overhaul its primary order to better reflect a deeply diverse voter base, implementing the revamped order has proven anything but simple. Party officials now expect the process to continue through the end of the year — even as the 2024 presidential race heats up all around it.“Despite the fact that it looked like relatively smooth sailing for the president when he proposed it … the kind of backlash you’re hearing, the reactions, are exactly what we would have expected,” said David R...

This Ohio museum shows that TV is older than you might think

Published Wed, 27 Nov 2024 06:07:08 GMT

The history of television began long before millions of people gathered in front of their black-and-white sets and fiddled with the antenna and horizontal hold to watch Lucy, Uncle Miltie and Howdy Doodie.“Everybody thinks TV started in the ‘50s or the late ’40s. Almost nobody knows it existed before World War II and even goes back to the ’20s,” said Steve McVoy, 80, the founder and president of the Early Television Museum in Hilliard, Ohio, a suburb of Columbus.The museum holds a large collection of televisions from the 1920s and 1930s, and scores of the much-improved, post-World War II, black-and-white sets that changed the entertainment landscape. There are also several of the first-generation color sets developed in the early 1950s.“The original idea for the museum was to deal with the earliest television technology,” McVoy said. “The sets got pretty boring after 1960, just these big things in plastic cabinets.”The collection is one of the world’s largest, rivaled in North...

Germany alleges Poland hasn’t stopped pollution that led to fish die-off in Oder River

Published Wed, 27 Nov 2024 06:07:08 GMT

BERLIN (AP) — Germany’s government accused Poland on Monday of failing to stop the dumping of pollutants that contributed to the deaths of hundreds of tons of fish in the Oder River, which runs along the border between the two countries.The mass fish die-off last summer caused friction between Warsaw and Berlin, which both blamed chemical discharges on the Polish stretch of the river for promoting the growth of deadly golden algae. The environmental group Greenpeace said wastewater from Poland’s coal mines was most likely responsible.“We see increasing signs that salts continue to be discharged (into the Oder),” German Environment Ministry spokesperson Christopher Stolzenberg said. “There has been no reaction by the Polish side to limit the salt discharge.”He said a similar die-off could happen again this summer but noted that water levels and high temperatures were factors in producing golden algae. “We need to see what’s going to happen in the next weeks and months,” S...

Florida police chief says an officer fatally shot a man who made a quick move during a traffic stop

Published Wed, 27 Nov 2024 06:07:08 GMT

ORLANDO, Fla. (AP) — A man was fatally shot by police after he disobeyed the commands of officers who saw drugs in his car in downtown Orlando early Monday, the police chief said. “The officers were doing a drug investigation, and basically the person— the suspect — made a quick movement to, as to retrieve a firearm, and the shooting happened,” Orlando Police Chief Eric Smith said during a news conference. “I know drugs were seen and that’s why officers stopped and checked out the person.”No firearm was found, he said. The man was pronounced dead at a nearby hospital. Smith said he has reviewed video from a body camera the officer was wearing during the 2 a.m. encounter. The video will be made public within 30 days, police said.The officer was placed on paid administrative leave while the Florida Department of Law Enforcement investigates.The Associated Press

Boy, 16, fatally stabbed by family member at gathering: Hamilton police

Published Wed, 27 Nov 2024 06:07:08 GMT

Hamilton police are searching for a suspect after a 16-year-old boy was killed in East Mountain area.Investigators were called to a home on Cadham Boulevard just after 10 p.m. after a 22-year-old family member allegedly stabbed the victim at a family gathering.The victim was transported to hospital where he died of his injuries.Police are continuing to search for the suspect and are encouraging him to turn himself in.The names of the victim and the suspect have not been released.