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Ticker: JPMorgan CEO Jamie Dimon selling shares; Wall Street falls Friday

Published Mon, 24 Feb 2025 03:53:52 GMT

Jamie Dimon will do something he has never done before in nearly two decades as the head of JPMorgan Chase & Co. – sell shares in the company.The top executive of the nation’s largest bank will sell 1 million shares starting next year, according to a regulatory filing this week.JPMorgan sought to reassure investors that the stock sale is not a matter of concern.“Mr. Dimon continues to believe the company’s prospects are very strong and his stake in the company will remain very significant,” the filing said.Dimon and his family currently hold about 8.6 million shares of the bank.Wall Street fallsStocks stumbled on Wall Street, bringing the S&P 500 10% below the peak it reached in July and putting the benchmark index into what’s called a “correction.”The S&P 500 fell 0.5%, or 19.86 points, to close at 4,117.37 Friday and is now 10.3% below its July 31 high of 4,588.96. That marks its 10th loss in the last 12 days.Stocks have fallen the past three months a...

Man barricades himself inside Days Inn hotel: SDPD

Published Mon, 24 Feb 2025 03:53:52 GMT

SAN DIEGO -- A man prompted a SWAT standoff Friday after barricading himself inside a hotel room in the Del Cerro neighborhood, authorities said.Around 10:49 a.m., the San Diego Police Department received a call about a man refusing to pay his bill and arguing with the hotel manager at Days Inn by Wyndham Mission Valley Qualcomm Stadium/SDSU. The man then went back to his room and has not come out since, police said.Authorities say he is in the room by himself, and they believe he has a knife.As of 4:30 p.m., the SWAT team and SDPD are currently at the scene.Check back for updates on this developing story.

Desperate Acapulco residents demand government aid days after Hurricane Otis

Published Mon, 24 Feb 2025 03:53:52 GMT

ACAPULCO, Mexico (AP) — Groups of angry, desperate residents on Friday began blocking the only two entrances to the hurricane ravaged resort of Acapulco to demand food and water, three days after a Category 5 storm ripped through the city, leaving thousands without access to basic necessities.As Mexico’s military leaders on Friday listed the aid that was beginning to pour into the city – thousands of packages of basic necessities, water, medical personnel – most area residents had yet to see it.And while authorities had allowed residents to take what they needed from stores across the city, people in more rural areas on the outskirts of Acapulco said their homes were wrecked and they had no access to food or water.Otis roared ashore early Wednesday with winds of 165 mph (266 kph) devastating high-rise hotels and humble homes alike in the city of 1 million. It took the entire first day just to open the highway allowing authorities to reach Acapulco and two days to make it possible fo...

Shawn Levy talks about ‘All the Light We Cannot See’ and his friendship with Wolverine and Deadpool

Published Mon, 24 Feb 2025 03:53:52 GMT

Shawn Levy knew he had to direct the Netflix limited series “All the Light We Cannot See,” when he read a scene between the main character Marie and her father.“I remember being knocked out emotionally and deciding, “’I don’t want to share. I want to do all these episodes myself and I want to direct it like a four-hour movie,’” said Levy, who was also a fan of the Pulitzer Prize-winning novel it’s based on.Levy, a dad to four daughters, wanted to honor this father daughter relationship because it’s “the heart of the show.”“I get it. I know when it looks fake, and I know when someone is doing right by this beautiful, intimate relationship between a daughter and her father.” Debuting Nov. 2, the story follows Marie (played by newcomer Aria Mia Loberti), alone and in hiding in German-occupied France and a Nazi solder named Werner (Louis Hoffman). He’s an orphan who was drafted against his will. The two connect because of a radio broadcast that had a ...

These numbers show the staggering toll of the Israel-Hamas war

Published Mon, 24 Feb 2025 03:53:52 GMT

JERUSALEM (AP) — The latest Israel-Hamas war has quickly become the deadliest and most destructive of the five wars fought between the sides since Hamas seized control of the Gaza Strip in 2007 from the Palestinian Authority.The fighting erupted Oct. 7 when Hamas carried out a bloody attack in southern Israel. Since then, Israel has relentlessly pounded the Gaza Strip with airstrikes that have wrought unprecedented destruction, flattening entire neighborhoods. Here’s a look in numbers at the toll of the Israel-Hamas war as of Oct. 27, sourced from the Gaza Health Ministry and Israeli officials as well as international observers and aid groups:1,400Number of Israelis killed7,326Number of Palestinians killed5,431Number of Israeli’s injured18,967Number of Palestinians injured250,000Number of Israelis displaced1.4 millionNumber of Palestinians displaced in Gaza229Soldiers and civilians being held hostage in Gaza4 Hostages released 84Aid trucks let into ...

Wisconsin judge rules that GOP-controlled Senate’s vote to fire top elections official had no effect

Published Mon, 24 Feb 2025 03:53:52 GMT

MADISON, Wis. (AP) — A vote by the Republican-controlled Wisconsin Senate last month to fire the state’s nonpartisan top elections official had no legal effect, and lawmakers are barred from ousting her while a lawsuit plays out, a Dane County judge ruled on Friday.Administrator Meagan Wolfe will continue serving as head of the Wisconsin Elections Commission pending a decision on whether elections commissioners are legally required to appoint someone for the Senate to confirm, Judge Ann Peacock said.Senate Republicans voted in September to fire Wolfe, despite objections from Democrats and the Legislature’s own nonpartisan attorneys, who said the Senate didn’t have the authority to vote at that time.Democratic Attorney General Josh Kaul sued to challenge that vote, and in court filings earlier this month, Republican legislative leaders changed course and claimed their vote to fire Wolfe was merely “symbolic” and had no legal effect. They also asked Peacock to order ...

Sheriff names 5 people fatally shot in southeast North Carolina home

Published Mon, 24 Feb 2025 03:53:52 GMT

CLINTON, N.C. (AP) — A sheriff’s office in southeast North Carolina released on Friday the names of five people found fatally shot in a home earlier this week.Sampson County sheriff’s deputies were called to a home off Garland Highway outside Clinton shortly before 1 a.m. Thursday for a report of a homicide. They found five people dead from gunshot wounds, Sheriff Jimmy Thornton said in a statement.The victims were Alfonza Jeffers, 73, of Clinton; Lamar Williams, 58, of Rose Hill; Dagoberto Lopez, 33, of Garland; Hector Salazar Lopez, 39, of Garland; and Jamie Lynn Rowland, 47, of Clinton, the sheriff’s office announced.Thornton did not have information about a suspect late Friday but told reporters his department was investigating some people of interest.Authorities had received a 911 call from a person who spoke to one victim around 11 p.m. Wednesday and later found the bodies when they entered the home, Capt. Eric Pope said in a news conference Thursday.The sher...

Museum plan for Florida nightclub massacre victims dropped as Orlando moves forward with memorial

Published Mon, 24 Feb 2025 03:53:52 GMT

ORLANDO, Fla. (AP) — Leaders of a private foundation working to build a museum and memorial to honor the victims of a massacre at a gay nightclub in Florida said Friday that they were dropping their plans to build a museum, even as the city of Orlando is moving ahead with constructing the memorial.Officials with the onePulse Foundation said in a public letter that they are unable to move ahead with a museum to commemorate the 49 people who were killed and 53 victims injured when an attacker opened fire in the gay nightclub in June 2016. A SWAT team killed the shooter, who had pledged allegiance to the Islamic State group, following a standoff.At the time, it was the worst mass shooting in modern U.S. history. But that number was surpassed the following year when 58 people were killed and more than 850 were injured among a crowd of 22,000 at a country music festival in Las Vegas.Fundraising and planning for the project slowed down during the COVID-19 pandemic and once shutdowns eased...

Judge in Young Dolph murder case removes himself based on appeals court order

Published Mon, 24 Feb 2025 03:53:52 GMT

MEMPHIS, Tenn. (AP) — A judge removed himself from the Young Dolph murder case Friday after he was ordered to do so by a Tennessee appeals court, which questioned whether he could be impartial to a man charged with killing the rapper two years ago.Shelby County Criminal Court Judge Lee Coffee asked the court clerk to assign a new judge in the high-profile case. The Tennessee Court of Appeals issued its order Sept. 28 after Coffee refused to step down at the request of the lawyer for Justin Johnson, who is charged with two other men in the fatal shooting of Young Dolph in November 2021.The lawyer, Luke Evans, had argued that Coffee could not be impartial after the judge failed to inform him about an order limiting Johnson’s ability to communicate with people outside the jail other than Evans.Johnson and Cornelius Smith have pleaded not guilty in the killing of Young Dolph, whose real name was Adolph Thornton Jr. The rapper, producer and independent music label owner was gunned down i...

Richard Moll, who found fame as a bailiff on the original sitcom 'Night Court,' dies at 80

Published Mon, 24 Feb 2025 03:53:52 GMT

NEW YORK (AP) — Richard Moll, a character actor who found lasting fame as an eccentric but gentle giant bailiff on the original “Night Court” sitcom, has died. He was 80.Moll died Thursday at his home in Big Bear Lake, California, according to Jeff Sanderson, a family spokesperson. Moll played "Bull” Shannon on NBC's “Night Court” from 1984-1992 alongside stars Harry Anderson and John Larroquette. His character formed a close friendship with the court’s other bailiff, Roz Russell, played by Marsha Warfield. Bull was known for his shaved head, catchphrase, “Ohh-kay,” and a dim but sweet world view.After “Night Court” ended, Moll contributed his trademark gravelly voice to various video games and comic book projects like “Batman: The Animated Series” as Harvey Dent and appeared in horror films like “Ghost Shark” (2013) and “Slay Belles” (2018).He voiced Scorpion on the 1990s' “Spider-Man: The Animated Series” and had small parts in 1994's “The Flintstones," the Arnold Schwarzenegger c...