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Logitech: Fiscal Q1 Earnings Snapshot

Published Tue, 19 Nov 2024 06:35:46 GMT

LAUSANNE, Switzerland (AP) — LAUSANNE, Switzerland (AP) — Logitech International SA (LOGI) on Monday reported fiscal first-quarter net income of $62.7 million.On a per-share basis, the Lausanne, Switzerland-based company said it had profit of 39 cents. Earnings, adjusted for one-time gains and costs, were 65 cents per share.The results exceeded Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 47 cents per share.The maker of keyboards, webcams and other computer accessories posted revenue of $974.5 million in the period, which also beat Street forecasts. Four analysts surveyed by Zacks expected $916.7 million.Logitech expects full-year revenue in the range of $3.8 billion to $4 billion._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on LOGI at https://www.zacks.com/ap/LOGISource

Semi-truck overturned on I-95 NB ramp to Turnpike causes closure

Published Tue, 19 Nov 2024 06:35:46 GMT

A semi-truck has overturned on the Interstate 95 northbound ramp that leads to the Florida Turnpike. As a result, police have closed off the ramp as they clear the scene. The incident unfolded at approximately 4 a.m. Tuesday, which has caused delays for morning commuters. According to authorities, the overturned semi-truck obstructed both the northbound lanes of I-95 and the entrance ramp to the Turnpike. As a result, officials closed the ramp leading onto the busy expressway. Commuters and motorists are advised to seek alternative routes to avoid further delays.Please check back on WSVN.com and 7News for more details on this developing story.

FedEx pilots reject 30% pay hike proposal, but a strike isn’t imminent

Published Tue, 19 Nov 2024 06:35:46 GMT

New York (CNN) — Pilots for FedEx have rejected a tentative labor deal. But that doesn’t mean they’re about to walk off the job just as UPS is threatened with its own strike by 340,000 drivers and other hourly ground workers.The FedEx pilots who belong to the Air Line Pilots Association voted 57% against the proposed contract, which was reached in May and endorsed by union leadership. The proposed contract would have provided for a 30% pay increase, as well as a 30% improvement in pension benefit. Major objections from the rank-and-file are not yet clear.But even with the “no” vote, the 5,200 FedEx pilots won’t be able to go on strike any time soon. They work under a different labor law than most private sector employees, who are allowed to go on strike when their contracts expire, as is the case with the Teamsters at UPS, who could be on strike as soon as August 1.FedEx pilots are covered by the Railway Labor Act, which despite the name, covers both rail workers and airline employe...

Pedestrian rushed to hospital after crash in NW Miami-Dade

Published Tue, 19 Nov 2024 06:35:46 GMT

A pedestrian was rushed to the hospital following a crash in Northwest Miami-Dade. On Monday, the incident occurred at approximately 9:30 p.m. at Northwest 27th Avenue and 88th Street.Miami-Dade Police officers and Miami-Dade Fire Rescue units were immediately dispatched to the scene. Crime scene tape cordoned off the area as police officers and first responders surrounded the site of the collision. A vehicle was also observed to be involved in the incident.Details regarding the cause of the crash and the extent of the pedestrian’s injuries have not been released yet. Authorities are currently working to learn more about the victim’s condition.

Russia places explosive mines near occupied nuclear reactor, watchdog says

Published Tue, 19 Nov 2024 06:35:46 GMT

KYIV — Russian forces occupying Ukraine’s Zaporizhzhia Nuclear Power Plant have placed explosive mines near the facility, warned the chief of the U.N.’s International Atomic Energy Agency (IAEA).The mines were located in a buffer zone between the plant’s internal and external barriers and were facing away from the facility; they were spotted during a Sunday walk-around by IAEA inspectors.“Having such explosives on the site is inconsistent with the IAEA safety standards and nuclear security guidance and creates additional psychological pressure on plant staff,” the agency’s Director General Rafael Mariano Grossi said in a statement issued Monday.This is the second month in a row that the U.N. atomic watchdog has reported the presence of explosives both outside and inside the perimeter of the nuclear plant, which Russian security personnel on site explained were for defensive purposes.Grossi’s warning comes as authorities in Kyiv are also rais...

UK plan to slash carbon emissions risks public ‘backlash,’ senior minister warns

Published Tue, 19 Nov 2024 06:35:46 GMT

LONDON — U.K. plans to tackle climate change risk a “backlash” if they hit voters in the pocket, a senior government minister warned Tuesday, amid intense debate in British politics about environmental policy. Both the ruling Conservatives and opposition Labour Party have vowed to learn lessons from a London by-election widely seen as a de facto referendum on a green tax aimed at cleaning up the capital city’s air.Pushed on that result, Leveling Up Secretary Michael Gove told Times Radio Tuesday: “It’s important that the government does press ahead with appropriate and thoughtful steps in order to safeguard the environment — but there are some specific areas where the cost that is being imposed on individuals risks creating a backlash.”The U.K. government has in recent days hinted it may back away from some of its key climate policies — amid pressure from MPs on the right of the Conservative party. In a series of interviews with broadcasters Monda...

Jill Biden to mark US reentry into UNESCO with a flag-raising ceremony in Paris

Published Tue, 19 Nov 2024 06:35:46 GMT

PARIS (AP) — U.S. first lady Jill Biden visited Paris on Tuesday to attend a flag-raising ceremony at UNESCO, marking Washington’s official reentry into the U.N. agency after a five-year hiatus.Before the Stars and Stripes is hoisted up outside UNESCO’s headquarters, Biden will make remarks about the importance of American leadership in preserving cultural heritage and empowering education and science across the globe.The U.S. had announced its intention to rejoin UNESCO in June, and the organization’s 193 member states earlier this month voted to approve the U.S. reentry. Tuesday’s ceremony, which will also feature a speech by UNESCO Director-General Audrey Azoulay, will formally signify the U.S. becoming the 194th member — and flag proprietor — at the agency.Azoulay had welcomed the US return, emphasizing that it’s significant for multilateralism as a whole. The momentum of UNESCO, she said, will grow with the reintegration of the U.S., thereb...

Woman charged in Boston police officer’s death due back in court

Published Tue, 19 Nov 2024 06:35:46 GMT

A woman accused of killing her Boston police officer boyfriend will be back in court on Tuesday afternoon.Karen Read has maintained her innocence and her attorneys claim that she is being framed for second-degree murder.Prosecutors allege she backed over her boyfriend, office John O’Keefe, after a night of drinking and left him to die in the snow.This is a developing news story; stay with 7NEWS on-air and online for the latest details.

Heating Up!

Published Tue, 19 Nov 2024 06:35:46 GMT

The warm and humid air is back for more today. This summer has been the summer of humidity, not so much the summer of heat. That’ll change later this week. Today is not about the heat, though. We’ll climb to the middle 80s with muggy and sticky air back for more. You’ll probably notice a touch more humidity today than what it felt yesterday. We’ll also see a few storms pop up this afternoon and evening.The storms we see later today will be scattered and it won’t storm everywhere nor will it storm all afternoon and evening long. It will be on and off, probably more off than on. That said, with the humidity and warm air in place, that’ll be enough storm fuel to produce a few strong or severe storms. I think our main threat will simply be downpours and lightning. Lightning can be plenty dangerous and you should head inside if you hear thunder or see lightning, but it’s not enough for a storm to be classified as severe. The severe component of t...

Inside the Brunson League, the summer basketball circuit ‘where you get your name known in Baltimore’

Published Tue, 19 Nov 2024 06:35:46 GMT

Navigate the crowded entryway into the Under Armour House at Fayette each summer Sunday and you find the gym morphing into a living, breathing Baltimore hoops museum.Games tip off at 11 a.m., only to later ignore sunset and run well into the night. Fans pack in, hovering over the court’s out-of-bounds lines. Smiles radiate in this sacred space, known locally as the Melo Center, when fans confidently name players past and present.“Watch out for him in this next game,” they’ll advise, like you’re being ushered into the next exhibition.It’s an environment unique to summer basketball. It’s the Brunson League.“This atmosphere is like no other,” said Quinn Cook, a DeMatha Catholic High School graduate and two-time NBA champion. “No disrespect to any other league, but you can’t get this nowhere else. You got pros, you got local legends and All-Americans coming up. [Fans] are on the floor, they can talk trash and yell at you....