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Stellantis profits soar 37% in first half of the year as electric vehicle sales rise

Published Tue, 05 Nov 2024 05:32:54 GMT

MILAN (AP) — U.S.-European carmaker Stellantis on Wednesday reported a 37% boost in earnings in the first half of the year, driven by strong North America income and an increase in electric vehicle sales in Europe. Profit in the first six months of the year was 10.9 billion euros ($12.07 billion), compared with 7.96 billion euros in the first half of 2022. The carmaker set record net revenue in the first six months of the year of 98.4 billion euros, up 12% over a year earlier. It came as shipments rose to 3.327 million vehicles from 3.033 million.CEO Carlo Tavares called the first-half performance “outstanding,” saying that it “supports our long-term stability.”Sales of all-electric vehicles rose by 24% to 169,000 vehicles as Stellantis became the third-largest producer of EVs in Europe, led by the Fiat New 500, Open Mokka and Citroen Berlingo. Stellantis has 25 electric vehicles on the market and is launching another 23 by the end of next year.North America accounted for 57% of adj...

WATCH: Funnel cloud over US Capitol goes viral

Published Tue, 05 Nov 2024 05:32:54 GMT

WASHINGTON (AP) — Observant visitors to the area around the U.S. Capitol building on Tuesday afternoon were treated to a unusual sight: the unmistakable shape of a funnel cloud extending diagonally from the sky and seemingly almost reaching the tip of the Capitol dome itself.This photo provided by Peter Kiley shows a small funnel cloud over the U.S. Capitol dome on Tuesday, July 25, 2023 in Washington. (Peter Kiley via AP)The funnel cloud never touched down on the ground and therefore can't be classified as a tornado. There was no damage and no reports of any other funnel clouds in the area Tuesday. But a photo of the thin, wispy twister curving over the Capitol drew more than 1 million views on Twitter.Although the area around Washington isn't considered a tornado hotspot, small proto-twisters like the one Tuesday “certainly do happen sometimes,” said Austin Mansfield, a meteorologist with the National Weather Service.They're most common during what Mansfield called “convection se...

Mega Millions jackpot climbs to $910 million after no one wins top prize

Published Tue, 05 Nov 2024 05:32:54 GMT

The Mega Millions jackpot climbed to an estimated $910 million after Tuesday night’s drawing produced no big winners, extending a stretch of bad luck dating back to April.The numbers drawn were: 3, 5, 6, 44, 61 and the yellow ball 25The absence of a winner for the estimated $820 million jackpot brings the count of fruitless drawings to 28, at least for the big prize.The new $910 million prize is among the largest in U.S. lottery history and follows a $1.08 billion Powerball prize won by a player July 19 in Los Angeles. California lottery officials haven’t announced a winner for that jackpot, which was the sixth-largest in U.S. history.The largest U.S. jackpot was a $2.04 billion Powerball prize won in November 2022.The largest U.S. lottery prizes:$2.04 billion (Powerball): Nov. 7, 2022; California$1.586 billion (Powerball): Jan. 13, 2016; California, Florida, Tennessee$1.537 billion (Mega Millions): Oct. 23, 2018; South Carolina$1.348 billion (Mega Millions): Jan. 13,...

UAlbany football reports for training camp

Published Tue, 05 Nov 2024 05:32:54 GMT

ALBANY, N.Y. (NEWS10) -- Nothing screams "football season" quite like the start of training camp, and Tuesday the University at Albany football team reported for its' camp. Get the latest news, weather, sports and entertainment delivered right to your inbox! The Great Danes are one month away from their season opener with Fordham. They were picked 11th out of 15 teams in the newly renamed Coastal Athletic Association preseason poll released Tuesday.After a 3-8 campaign last year that saw five, one-possession losses, the Danes are keying in on one specific element of their game ahead of the upcoming season."For us, it's just "finish,"" said rising sophomore quarterback Reese Poffenbarger. "Or execute in the times we need to. It's not even a pressure thing. We would be down and came back when the pressure was on. But we just made little mental errors, stupid penalties, or we didn't finish a drive (like) when we were up 11 points against Fordham. We don't finish a drive; they get the...

Slammers get coal in their stockings as ValleyCats unload for 14 runs on "Christmas in July" night

Published Tue, 05 Nov 2024 05:32:54 GMT

TROY, N.Y. (NEWS10) -- The Tri-City ValleyCats (37-24) smoked five home runs in a 14-5 victory over the Joliet Slammers (27-34) on Tuesday at Joseph L. Bruno Stadium. Get the latest news, weather, sports and entertainment delivered right to your inbox! Joliet got on the board in the second. Christian Fedko led off the frame with a single off Dwayne Marshall. Kyle Novak then walked. Oscar Campos tried to backpick Novak but threw the ball away, allowing Fedko to score and give the Slammers a 1-0 lead. Tri-City responded with a seven-run second. Oscar Campos singled off Ryan O’Reilly, and Ian Walters belted his ninth homer of the year. Jaxon Hallmark reached on an error, and stole second. Pavin Parks left the stadium with a two-run jack — his first since June 21 in Quebec against the Capitales, and seventh of the season. Cito Culver walked, and Jakob Goldfarb launched a two-run tater, his ninth of the 2023 campaign. Juan Kelly, in his ValleyCats debut, followed suit with a solo ...

As wildfires rage in Greece, tourists flee and locals shelter

Published Tue, 05 Nov 2024 05:32:54 GMT

More than 2,000 holidaymakers were flown home on Monday (24 July), tour operators cancelled upcoming trips, and residents took shelter as wildfires raged on the Greek island of Rhodes for the seventh day.Repatriation flights are due to continue into Tuesday as the fires remained out of control. The Civil Protection authority warned the threat of further blazes was high in almost every part of Greece, which is in the grip of a record-breaking heatwave that has also seen archaeological sites close.TUI (TUI1n.DE), one of the world's largest tour operators, said it was cancelling trips to the island through Friday and offering free cancellations or rebookings to other destinations. It said it had 39,000 customers on Rhodes as of Sunday evening.On Monday, it deployed six extra planes to fly tourists home to Britain and Germany. The Greek islands are popular with sunseeking tourists from around Europe in the summer and particularly Brits and Germans.The Dutch foreign ministry issued a tra...

Ask Amy: What should we do about our neighbor’s disturbing ‘mistake’?

Published Tue, 05 Nov 2024 05:32:54 GMT

Dear Amy: In my mailbox today was a credit card bill addressed to my husband with a sticky note attached.Our next-door neighbor (she has a mailbox next to ours at the end of our driveway) explained that the piece of mail had been misdirected and she sliced open this bill, not knowing it belonged to my husband.The last time a piece of mail was misdirected, it happened to be my husband’s paystub. This was also sliced open with a sticky note attached, apologizing.What is so dismaying is that we have received our neighbor’s mail but we do not open it – we are quite careful about checking the front of the envelope before opening.This neighbor now knows my husband’s salary and also how much he owes.How should we handle this?Frustrated in ColoradoDear Frustrated: My first suggestion is that you and your husband should go paperless and switch all of your financial records, banking and bill paying to online.You should both get fresh credit reports and monitor these regularly.Also...

Harriette Cole: I’m just a kid, and my parents left this heavy decision to me

Published Tue, 05 Nov 2024 05:32:54 GMT

DEAR HARRIETTE: I know you usually talk to adults, but I need help.Related ArticlesAdvice | Harriette Cole: I’m so anxious about my home that I check on it every few hours Advice | Harriette Cole: I’m tempted to follow my friend’s lead in fixing my boring life Advice | Harriette Cole: My roommate doesn’t realize she’s causing a big problem Advice | Harriette Cole: After I rushed her to urgent care, she won’t talk about what happened Advice | Harriette Cole: They talk about how my wife dresses, and I don’t like it My parents are in the middle of getting a divorce, and it has been tough on the whole family, but it’s for the best because their relationship hasn’t been working for many years.I am 13 years old, and they told me that I need to pick who I want to live with for the majority of the year. They think it’s best that I stay in one spot for s...

Spain and Japan move on to knockout stage at Women’s World Cup as La Roja beat Zambia 5-0

Published Tue, 05 Nov 2024 05:32:54 GMT

AUCKLAND, New Zealand (AP) — Jennifer Hermoso scored twice and assisted in her 100th international appearance to push Spain past Zambia 5-0 on Wednesday, a victory that locked both Spain and Japan into the Women’s World Cup knockout round.Spain and Japan are the first teams to clinch berths in the tournament’s round of 16. They will play on Monday in Wellington to decide seeding.Hermoso, Spain’s all-time leading scorer, deposited a one-time header off a perfect cross from Alexia Putellas in the 13th minute. She then gathered a rebound and scored on an empty net in the 70th minute. The goal was initially wiped away for offside, then eventually confirmed after a lengthy review.Teresa Abelleira launched a 58-mph strike from well outside the box in the ninth minute and beat Eunice Sakala to the top side of the net, her second goal with the Spain national team.Like Hermoso, Alba Redondo also scored twice, in the 69th and 85th minutes. Her first goal was an impressive run off of a long pa...

Allegion: Q2 Earnings Snapshot

Published Tue, 05 Nov 2024 05:32:54 GMT

DUBLIN (AP) — DUBLIN (AP) — Allegion PLC (ALLE) on Wednesday reported second-quarter profit of $142 million.The Dublin-based company said it had net income of $1.61 per share. Earnings, adjusted for non-recurring costs, came to $1.76 per share.The results exceeded Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.69 per share.The security device maker posted revenue of $912.5 million in the period, falling short of Street forecasts. Three analysts surveyed by Zacks expected $927 million.Allegion expects full-year earnings in the range of $6.70 to $6.80 per share.Allegion shares have climbed 21% since the beginning of the year, while the S&P’s 500 index has climbed 19%. The stock has increased 23% 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 ALLE at https://www...