Columbus, OH

UPS shares tumbled Tuesday after the shipping giant reported second-quarter profits plunged over 30% from a year ago and missed analysts' estimates. The company, and its shipping rival FedEx, have seen demand fall amid a pullback from pandemic highs for package deliveries. UPS also narrowed its revenue outlook and lowered...

UPS Stock Dives as Profits Drop Over 30%

Verizon shares fell Monday after the telecommunications giant's second-quarter earnings missed analysts' estimates despite adding phone and internet subscribers. Revenue grew slightly year-over-year, but profit slipped. Verizon also affirmed its full-year guidance, projecting wireless service revenue growth but lower adjusted earnings per share than in 2023. Verizon (VZ) shares dropped...

Verizon Slips on Earnings Miss Despite Subscriber Growth

IQVIA Holdings (IQV) beat second-quarter earnings expectations and raised its full-year outlook on Monday, sending shares higher. The life sciences clinical research and analytics organization posted adjusted earnings per share (EPS) of $2.64, topping analysts’ expectations of $2.57, per Visible Alpha. Revenue was $3.81 billion, above projections of $3.79 billion.

IQVIA Stock Pops After It Beats Q2 Earnings Estimates

Google parent Alphabet (GOOGL) is set to report second-quarter earnings after the bell, with the tech giant's cloud growth and artificial intelligence (AI) initiatives in focus, while Google's $23 billion takeover talks with cybersecurity startup Wiz reportedly have ended; Tesla (TSLA) shares are edging higher ahead of its results also after the market closes, with Elon Musk's update of the delayed robotaxi in investors' sights; many spot ether exchange-traded funds (ETFs) are set to begin trading today, with ETFs from Grayscale among those approved by the Securities and Exchange Commission (SEC); GE Aerospace (GE) shares are rising after posting a Q2 sales beat on a surge in orders and raising its full-year profit guidance; and United Parcel Service (UPS) shares are sinking after a second-quarter earnings miss. U.S. stock futures are little changed after markets finished sharply higher Monday as technology stocks recovered from last week's selloff. Here's what investors need to know today.

5 Things to Know Before the Stock Market Opens

Truist Financial reported net income of $826 million, down from $1.23 billion in the year-ago quarter. The firm's earnings per share (EPS) of $0.62 easily missed analysts' expectations of $1.10, but adjusted EPS of $0.91 topped estimates of $0.85. Net interest income declined 2% year-over-year to $3.58 billion. Truist Financial...

Truist Financial Stock Rises Despite Declining Profit

Lancaster County, PA

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NewsByJoshua

Fans of Frisco's Chicken were left reeling as the beloved Peruvian-style eatery announced the closure of all its locations in Lancaster County, Pennsylvania. The chain, known for its delicious food and strong community values, posted a heartfelt note on its doors, informing customers of the devastating news.

Favorite Chicken Chain Suddenly Closes All Stores, Heartfelt Message Found on Doors

North Carolina State

Town Talks

Death Disclosure Laws and Property Disclosures in North Carolina. In North Carolina, there is no legal obligation for homeowners or real estate agents to disclose if a death has occurred in a home, whether by natural causes, murder, or suicide. However, if a potential buyer directly inquires about any deaths on the property, the seller is required to provide that information.

If someone dies at your house do you have to tell a potential buyer? What North Carolina law says

Chicago, IL

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Foodie in Chicago

Shortly before 3 AM, people in the Chicago area may have felt their houses shake as a 3.4-magnitude earthquake occurred about 60 miles west of the city. (CHICAGO) The United States Geological Survey (USGS) reported a 3.4-magnitude earthquake around Somonauk, IL. Somonauk is in DeKalb and LaSalle Counties, 64 miles west of Chicago.

Did You Feel the Earthquake?

Ryanair reported first-quarter profit Monday that was roughly half of what it posted a year ago. Average fares decreased 15% year-over-year, partially offset by a 10% increase in customers. The company now expects summer fares to be "materially lower than last summer." Ireland-based airline Ryanair Holdings (RYAAY) on Monday posted...

Ryanair Plunges After Projecting 'Materially Lower' Summer Fares

Kentucky State

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Northern Kentucky Tribune

Kentucky’s Community Actions Partnerships have announced the starts date for the Low-Income Home Energy Assistance Program (LIHEAP) Summer Subsidy, aimed at helping Kentucky households offset summer cooling costs.

LIHEAP Summer Subsidy program to help with summer cooling costs to begin enrollment July 16

UPS customers are trading down, another signal from the second-quarter earnings season about the search for value options across the U.S. economy. CFO Brian Dykes said on a conference call that UPS "saw customers shift from air to ground and from ground to SurePost." A range of companies have highlighted...

UPS Customers Are Trading Down

New Jersey State

Morristown Minute

A new initiative aims to provide housing for vulnerable Medicaid members, enhancing community wellness and support. MORRIS COUNTY, N.J. - In a significant move to tackle housing instability among Medicaid recipients, New Jersey's Human Services Commissioner Sarah Adelman, along with Community Affairs Commissioner Jacquelyn A. Suárez, today announced the availability of $95 million in funding for developers. This initiative, part of the Healthy Homes program, is designed to create affordable housing opportunities for NJ FamilyCare members who are either homeless, at risk of homelessness, or currently living in institutional settings.

$95 Million for Healthy Homes: Housing for Medicaid Members

Devra Lee

Disclaimer: This content was written by Devra Lee for general informational and entertainment purposes only. This service is to provide astrological information that has been researched, recorded, and observed by the author.

Horoscope for Tuesday, July 23rd

Ohio State

Akron, OH

Big news out of Ohio: Goodyear Tire & Rubber Co. is making a major shift by relocating 175 jobs from its Akron headquarters to a new facility in Costa Rica. This move, part of their "Goodyear Forward" transformation plan, will take effect in early 2025.

A major Ohio company is moving its jobs overseas

Kentucky’s medical cannabis program has taken significant steps toward ensuring those with qualifying conditions have access to medical cannabis as soon as possible, said Gov. Andy Beshear this week.

State to open licensing applications for medical cannabis businesses beginning July 1

Shares of Reddit jumped Monday, outpacing those of other social media companies. The company announced a partnership with the NBA, NFL, and other major U.S. sports leagues. Social media earnings season starts next week, with Pinterest reporting July 30. Shares of Reddit (RDDT) jumped Monday, outpacing other social media companies'...

Reddit Stock Jumps as Social Media Shares Climb

Inflation as measured by Personal Consumption Expenditures likely fell in June, according to forecasts, mirroring the trend seen in a different inflation report earlier this month. PCE inflation is especially noteworthy because officials at the Federal Reserve pay close attention to it when setting the nation's monetary policy. Should Friday's...

What to to Expect From Friday's Closely Watched US Inflation Report

Illinois State

Every year, new laws that were passed the prior year go into effect on July 1. In 2024, a number of new laws will begin this Monday. Among them include higher wages for tipped employees, a gas tax increase, and driver's licenses for undocumented immigrants.

New Laws July 1: Driver's Licenses for Undocumented Migrants, Raises for Tipped Workers, and More

China on Monday cut its benchmark lending rate, in a move aimed at boosting an economy that continues to suffer a sharp slowdown from a prolonged real estate slump, tepid consumer spending, and trade tensions. The People's Bank of China cut a short-term policy rate, and banks followed by cutting...

China Cuts Lending Rate in Attempt To Boost Economy

McDonald's will extend its $5 value meal promotion, according to reports. Bloomberg and CNBC cited an internal memo that indicated the deal is bringing in customers. Most of the company's restaurants will offer the promotion for longer than the originally planned four weeks, the reports said. McDonald’s (MCD) will extend...

The $5 McDonald's Value Meal Deal Is Sticking Around for Awhile

NewsBreak

Optimism About Tesla Deliveries Boosts Its Stock

Tesla is expected to release second-quarter delivery numbers Tuesday. Its shares gained today on optimism that the electric vehicle (EV) maker will post solid numbers. On...

Optimism About Tesla Deliveries Boosts Its Stock

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