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Cintas: Fiscal Q1 Earnings Snapshot

Published Fri, 22 Nov 2024 08:34:00 GMT

CINCINNATI (AP) — CINCINNATI (AP) — Cintas Corp. (CTAS) on Tuesday reported fiscal first-quarter net income of $385.1 million.The Cincinnati-based company said it had profit of $3.70 per share.The results exceeded Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of $3.65 per share.The uniform rental company posted revenue of $2.34 billion in the period, also beating Street forecasts. Seven analysts surveyed by Zacks expected $2.32 billion.Cintas expects full-year earnings to be $14 to $14.45 per share, with revenue in the range of $9.4 billion to $9.52 billion._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CTAS at https://www.zacks.com/ap/CTASSource

DC to settle suit for not providing special education in jail during pandemic

Published Fri, 22 Nov 2024 08:34:00 GMT

High school students with disabilities in the D.C. jail reached a settlement with the District on Monday, after a lawsuit claimed they were denied an education while incarcerated during the COVID-19 pandemic.When the pandemic hit, D.C. Public Schools stopped providing in-person education to students in the city jail. Instead, students received work packets, which they were expected to complete, without instruction or a teacher’s help.In April 2021, three students with disabilities sued DCPS and the Office of the State Superintendent of Education, in a class action suit, for failing to provide them with an education and other services they are entitled to under federal law.The suit said approximately 40 students enrolled in DCPS at the jail were deprived of their special education needs since in-person learning never resumed.Now, court records show a settlement agreement has been reached, and is pending preliminary approval in the District Court for the District of Columbia.In ...

Fix your cracked windshield or the accident might be your fault

Published Fri, 22 Nov 2024 08:34:00 GMT

DENVER (KDVR) — If you don't have insurance that covers your windshield, you may want to get it. While you may not get cited for a cracked windshield, it does put you at risk for liability in a car accident. Whether it's rock debris, salt, or even sand in the winter, particles flying at a car windshield above 30 miles an hour is a recipe for a cracked windshield, which isn't uncommon in Colorado. This Colorado city has one of the longest commutes in the nation Colorado roads are notoriously rougher. Last year, Colorado ranked in the top 20 for the roughest roads in the U.S. While the roughness of the roads can lead to cracks, Coloradans don't necessarily need to repair their windshield. According to sections 54-75 of the Denver Municipal Code, the law doesn't specifically state that cracked windshields need to be repaired, it only states that the windshield can't obstruct the view of the driver.While a cracked windshield isn't technically illegal, it's up to the individual police ...

Morgan Wallen extends tour, adds Denver show

Published Fri, 22 Nov 2024 08:34:00 GMT

DENVER (KDVR) — Morgan Wallen's "One Night at a Time" world tour extends into next year with 10 more shows being added. One of those includes a stop in Denver.The 30-year-old from Tennessee started out as a participant on The Voice and quickly grew as one of America's favorite county singers. 2 Denver restaurants make The New York Times’ best restaurant list After releasing the album "If I Know Me" featuring top hits like "Whiskey Glasses" and "Chasin' You," Wallen hit No. 1 on the Billboard Top Country Albums chart. Those were his first of many hits, as his second album, "Dangerous: The Double Album" spent 10 weeks on the Billboard 200 and his third album, "One Thing at a Time" stayed on the Billboard 200 for 12 weeksHis newest songs include top hits like "Last Night" and "One Thing at a Time."Wallen planned on wrapping up his 2023 tour with just 11 shows left. Now, he's decided to perform coast-to-coast for the final leg of his tour accompanied by a lineup of guests including Ba...

Police standoff ensues after man climbs fire rescue truck in Miramar

Published Fri, 22 Nov 2024 08:34:00 GMT

Miramar Police officers were on the scene at State Road 7 when a man climbed a fire truck and refused to come down. On Tuesday morning, authorities were near the intersection of State Road 7 and Miramar Parkway when the man settled onto the air conditioning on top of the truck’s roof. Live video footage showed the man smoking atop the rescue vehicle while traffic built up in the area. As a result of the incident, police have closed off the street while they work to bring the man down. It is unknown why authorities were in the area, but they have been reached for more information. Please check back on WSVN.com and 7News for more details on this developing story.

JPMorgan settles claims that it enabled Jeffrey Epstein’s sex trafficking acts for $75 million

Published Fri, 22 Nov 2024 08:34:00 GMT

NEW YORK (AP) — JPMorgan Chase has agreed to pay $75 million to the U.S. Virgin Islands to settle claims that the bank enabled the sex trafficking acts of financier Jeffrey Epstein.JPMorgan said Tuesday that $55 million of the settlement will go toward local charities and assistance for victims. Another $20 million will go toward legal fees.The Virgin Islands, where Epstein had an estate, sued JPMorgan last year, saying its investigation has revealed that the financial services giant enabled Epstein’s recruiters to pay victims and was “indispensable to the operation and concealment of the Epstein trafficking enterprise.”Epstein died by suicide in a federal jail in 2019.

Armed robbery investigation leads to SWAT team response, overnight arrest in Boston

Published Fri, 22 Nov 2024 08:34:00 GMT

A SWAT team response in Boston resulted in the arrest of an armed robbery suspect, according to police.The Boston Police Department said Andrew Singleton, 38, was arrested after officers responded to Seaver Street late Monday night as part of an investigation.Police had been searching for a suspect since Saturday, Sept. 23, when a robbery was reported on Glenway Street and involved a person showing a gun and stealing “an unknown amount of money,” according to Boston PD.Authorities went on to review surveillance footage and later found the suspect appeared to live in an apartment at 419 Seaver St., where police attempted to make contact around 10:30 p.m. on Monday.“Officers knocked and announced their presence multiple times, but no one came to answer the door,” the police department stated in a news release. “Officers continued to knock as they could hear movement inside the apartment. Officers received information that the suspect had barricaded himsel...

Supreme Court rejects Alabama’s attempt to avoid creating a second Black majority congressional district

Published Fri, 22 Nov 2024 08:34:00 GMT

(CNN) — The Supreme Court on Tuesday rejected an emergency bid from Alabama, setting the stage for a new congressional map likely to include a second Black majority district to account for the state’s 27% Black population.The one-line order reflects that the feelings on the court haven’t changed since June when a 5-4 Supreme Court affirmed a lower court that had ordered the state to redraw its seven-seat congressional map to include a second majority-Black district or “something quite close to it.”There were no noted dissents.The justices’ action will have immediate consequences in Alabama and perhaps nationwide in the 2024 elections. There are currently six Republicans and one Democratic member of Congress from Alabama, but the changing makeup of the districts is likely to mean the state will pick up a new Democratic member of Congress.Black voters lean Democratic in other states with redistricting battles underway as well.Attempt to go around June rulingThe case has...

JPMorgan to pay $75 million on claims that it enabled Jeffrey Epstein’s sex trafficking operations

Published Fri, 22 Nov 2024 08:34:00 GMT

NEW YORK (AP) — JPMorgan Chase has agreed to pay $75 million to the U.S. Virgin Islands to settle claims that the bank enabled the sex trafficking acts committed by financier Jeffrey Epstein.JPMorgan said Tuesday that $55 million of the settlement will go toward local charities and assistance for victims. Another $20 million will go toward legal fees. The Virgin Islands, where Epstein had an estate, sued JPMorgan last year, saying its investigation has revealed that the financial services giant enabled Epstein’s recruiters to pay victims and was “indispensable to the operation and concealment of the Epstein trafficking enterprise.”Epstein died by suicide in a federal jail in 2019.

US consumer confidence tumbles in September as American anxiety about the future grows

Published Fri, 22 Nov 2024 08:34:00 GMT

By MATT OTT (AP Business Writer)WASHINGTON (AP) — The confidence of American consumers slipped this month, particularly about the future, as expectations persist that interest rates will remain elevated for an extended period.The Conference Board, a business research group, said Tuesday that its consumer confidence index fell to 103 in September from 108.7 in August. Analysts were expecting a smaller decrease, to a reading of 105.The index measures both Americans’ assessment of current economic conditions and their outlook for the next six months. Most troubling was the decline in the index measuring future expectations, which tumbled to 73.7 in September from 83.3 in August. Readings below 80 for future expectations historically signal a recession within a year.Relatedly, consumers’ perceived likelihood of a recession in the next year rose, after it declined over the summer.“Consumers may be hearing more bad news about corporate earnings, while job openings ...