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California poised to ban new diesel trucks

Published Sat, 22 Feb 2025 08:04:54 GMT

(BCN) -- California's trucking industry is bracing for state regulators this week to enact unprecedented rules that would ban sales of new diesel big rigs by 2036 and convert large companies' existing trucks to zero emissions by 2042. "The amount of chaos and dysfunction that is going to be created by this rule will be like nothing we've ever seen before," said Chris Shimoda, senior vice president of the California Trucking Association, an industry trade group. "The likelihood that it is going to fail pretty spectacularly is very high. It's very unfortunate." The state Air Resources Board will hold a public hearing on its proposed regulation on Thursday, then is expected to vote on Friday. The proposal aims to clean up noxious diesel exhaust and greenhouse gases spewed by big rigs, garbage trucks, delivery trucks and other large vehicles by converting them to models powered by electricity or hydrogen. Trucking companies and local government officials call the deadlines ...

First Hawaiian: Q1 Earnings Snapshot

Published Sat, 22 Feb 2025 08:04:54 GMT

HONOLULU (AP) — HONOLULU (AP) — First Hawaiian Inc. (FHB) on Friday reported first-quarter earnings of $66.8 million.The Honolulu-based bank said it had earnings of 52 cents per share.The results did not meet Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 53 cents per share.The bank holding company posted revenue of $262.6 million in the period. Its revenue net of interest expense was $216.3 million, also falling short of Street forecasts. Three analysts surveyed by Zacks expected $216.5 million._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on FHB at https://www.zacks.com/ap/FHBSource

Gentex: Q1 Earnings Snapshot

Published Sat, 22 Feb 2025 08:04:54 GMT

ZEELAND, Mich. (AP) — ZEELAND, Mich. (AP) — Gentex Corp. (GNTX) on Friday reported first-quarter earnings of $97.6 million.The Zeeland, Michigan-based company said it had net income of 42 cents per share.The results beat Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 38 cents per share.The maker of automatic-dimming rearview mirrors and other products posted revenue of $550.8 million in the period, which also topped Street forecasts. Four analysts surveyed by Zacks expected $544 million._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on GNTX at https://www.zacks.com/ap/GNTXSource

Oppenheimer: Q1 Earnings Snapshot

Published Sat, 22 Feb 2025 08:04:54 GMT

NEW YORK (AP) — NEW YORK (AP) — Oppenheimer Holdings Inc. (OPY) on Friday reported net income of $14.6 million in its first quarter.The company, based in New York, said it had earnings of $1.22 per share.The investment banking and broker-dealer services provider posted revenue of $321.7 million in the period. Its revenue net of interest expense was $321.7 million, exceeding Street forecasts._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on OPY at https://www.zacks.com/ap/OPYSource

Twin Disc: Fiscal Q3 Earnings Snapshot

Published Sat, 22 Feb 2025 08:04:54 GMT

RACINE, Wis. (AP) — RACINE, Wis. (AP) — Twin Disc Inc. (TWIN) on Friday reported profit of $2.7 million in its fiscal third quarter.On a per-share basis, the Racine, Wisconsin-based company said it had net income of 20 cents.The power transmission equipment maker posted revenue of $73.8 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 TWIN at https://www.zacks.com/ap/TWINSource

‘Razz (The) Documentary’: Revered DC band, from ‘explosive’ to fizzle

Published Sat, 22 Feb 2025 08:04:54 GMT

Any fan of D.C.’s 1980s punk and new wave music scene has likely heard of Razz — the explosive and original band destined to be the next big thing.Yet, many of those entertained and fascinated by Razz — including me — never got the chance to see them, between their start in 1971 and breakup in late 1979.Spoiler alert: The D.C.-area band regarded by many as most-likely to reach rock stardom, didn’t.Yet, Razz’s impact continues to fuel interest about the band that became an area phenomenon, amid a club scene dominated by cover bands and a record industry that found them impossible to label.Saturday, filmmakers Jeff Krulik and Richard Taylor will screen an extended director’s cut of “Razz (The) Documentary,” at AFI Silver Theatre and Cultural Center in Silver Spring, Maryland.“When you saw Razz at a small place, like The Keg (in Georgetown), or Childe Harold (in Dupont Circle) or the Psychedelly (in Bethesda), the experience was ‘this is incredible — this is nat...

Moog: Fiscal Q2 Earnings Snapshot

Published Sat, 22 Feb 2025 08:04:54 GMT

NEW YORK (AP) — NEW YORK (AP) — Moog Inc. (MOG.A) on Friday reported fiscal second-quarter profit of $43 million.The New York-based company said it had net income of $1.34 per share. Earnings, adjusted for non-recurring costs, were $1.42 per share.The results matched Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was also for earnings of $1.42 per share.The aerospace contractor posted revenue of $836.8 million in the period.Moog expects full-year earnings to be $5.70 per share, with revenue expected to be $3.19 billion._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MOG.A at https://www.zacks.com/ap/MOG.ASource

Imperial Oil: Q1 Earnings Snapshot

Published Sat, 22 Feb 2025 08:04:54 GMT

CALGARY, Alberta (AP) — CALGARY, Alberta (AP) — Imperial Oil Ltd. (IMO) on Friday reported first-quarter profit of $923 million.On a per-share basis, the Calgary, Alberta-based company said it had profit of $1.58.The results topped Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $1.45 per share.The oil and gas and petroleum products company posted revenue of $8.96 billion in the period, falling short of Street forecasts. Three analysts surveyed by Zacks expected $11.38 billion._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on IMO at https://www.zacks.com/ap/IMOSource

Home favorite Park Sang-hyun ties lead at Korea Championship

Published Sat, 22 Feb 2025 08:04:54 GMT

INCHEON, South Korea (AP) — The Korea Championship has a home player atop the leaderboard after Park Sang-hyun’s 25-foot putt for birdie to finish his second round on Friday.Park shot a 3-under 69 and joined Yannik Paul (68) at 8 under overall at Jack Nicklaus Golf Club.“I want to prove that Korean players can have a chance to win on the (European) tour,” Park said. “I think other players feel the same and that is why a lot of Korean players are playing well at the moment.”Antoine Rozner started the second round with a four-stroke lead after an opening 63 but couldn’t follow that up, shooting 74 — including a triple-bogey 7 at the par-4 No. 9 after going out of bounds — to drop into a share of third place with Mike Lorenzo-Vera (65). The two Frenchmen are one shot behind the leaders.“It’s never easy to come back after such a low score as yesterday, but I felt pretty good,” Rozner said. “And to be honest, after seven holes, I was hitting some amazing shots and...

Berlin sees 10th day of road blockades by climate activists

Published Sat, 22 Feb 2025 08:04:54 GMT

BERLIN (AP) — Climate activists staged a 10th straight day of protests in Berlin, blocking key roads during rush hour and bringing parts of the German capital to a standstill Friday before being removed by police.Members of the Last Generation group glued themselves to the road, causing a traffic jam for commuters driving into the city. The group wants to draw attention to the threat of global warming and the need for governments to step up measures to curb greenhouse gas emissions.At a crossing in the north of the capital, many drivers waited patiently for police to clear the road, though some hurled abuse at the activists, calling them “terrorists” and “scum.” Several pedestrians applauded the protesters, giving them a thumbs-up, while one passerby offered them food and water.Last Generation has acknowledged that its protests are provocative, but it argues that by stirring friction it can encourage debate within society about climate change.“Sure, there are those who insult or cri...