The victim was found by his sister in her front yard after she heard gunshots, authorities said.
The victim was found by his sister in her front yard after she heard gunshots, authorities said.
Chris Paul scored 28 points, Devin Booker had 19 and Mikal Bridges 18 to lead the Phoenix Suns to a 116-113 victory over the Philadelphia 76ers on Wednesday night. Joel Embiid, who had 38 points and 17 rebounds, heaved a full-court shot at the horn that rattled around the rim and put the All-Star center on his back in disbelief over the near-make. No matter, the Suns walked off winners on the road for the second time this week against one of the top teams in the East.
Collin Sexton scored 30 points and Darius Garland added 25 as the Cleveland Cavaliers never trailed in a 121-105 win over the Chicago Bulls on Wednesday night, snapping a five-game home losing streak. Cleveland coach J.B. Bickerstaff was not at the game for personal reasons, but is expected to return to the bench Friday. Assistant coach Greg Buckner filled in for his longtime friend and colleague.
NFL wide receiver Antonio Brown has settled a civil lawsuit by former trainer Britney Taylor, who accused Brown of sexually assaulting her. Taylor filed the lawsuit in 2019, and lawyers for her and Brown released statements Wednesday revealing the agreement. Brown’s statement was released by his representative, Alana Burstyn.
(Bloomberg) -- Asia stocks bounced after U.S. equities snapped a two-day drop on a rally in companies that stand to benefit the most from an economic revival. The dollar stabilized.Japan outperformed, while Australia, South Korea and China had more modest gains. U.S. futures edged lower. Earlier, most major groups in the S&P 500 rose, with raw-material, energy and financial shares leading the charge. The Russell 2000 Index, a gauge of small caps, climbed more than 2%, outperforming major benchmarks.Treasury yields fell. Oil added to losses with an increase in U.S. crude inventories compounding concerns around a choppy global demand recovery.Traders are sifting through corporate results for signs on whether an anticipated jump in profits would bring with it forecasts for stronger growth. Equities had drifted lower on concern over a flare-up in coronavirus cases around the world that could jeopardize an economic rebound, particularly with stocks trading near their all-time highs.“There is strong potential for additional upside in stocks particularly as we move through the earnings season and we start to have more forecasts for what the year ahead is going to look like,” Erin Browne, Pacific Investment Management Co. multi-asset strategies portfolio manager, said on Bloomberg TV. “While certainly investors have priced in a lot in terms of normalization in certain segments of the market, I still think that there is room to run.”Meanwhile, the European Central Banks meets Thursday and its expected to keep its policy unchanged, confirming that asset purchases under its pandemic program will run at a faster pace until June. The meeting will be of particular interest after the Bank of Canada became the first major central bank to signal it will pare back asset purchases and move up its expected timeline for potential rate hikes.Here are some key events to watch this week:European Central Bank rate decision and President Christine Lagarde briefing on Thursday.U.S. releases new home sales data Friday.These are some of the main moves in markets:StocksS&P 500 futures fell 0.2% as of 10:34 a.m. in Tokyo. The S&P 500 climbed 0.9%.Topix index rose 1.4%.Australia’s S&P/ASX 200 Index added 0.1%.Kospi index rose 0.5%.Shanghai Composite rose 0.1%.CurrenciesThe yen was little changed at 108.01 per dollar.The offshore yuan traded at 6.4848 per dollar.The Bloomberg Dollar Spot Index was little changed.The euro was little changed at $1.2041.BondsThe yield on 10-year Treasuries dropped about two basis points to 1.53%.Australia’s 10-year bond yield fell three basis points to 1.70%.CommoditiesWest Texas Intermediate crude fell 0.4% to $61.11 a barrel.Gold rose 0.2% to $1,796.46 an ounce.For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2021 Bloomberg L.P.
(Bloomberg) -- Storms or wildfires that down power lines and disrupt supply are the nightmare of grids around the world. Western Australia has found an alternative -- taking remote customers completely off the grid.After Tropical Cyclone Seroja tore through the state last week, destroying transmission lines and cutting off thousands of homes and businesses, six standalone power systems -- basically arrays of solar panels connected to batteries -- managed to survive the storm’s wrath and continue supplying juice.Their resilience was a huge boost for state-owned Western Power’s ambitions to be a global pioneer in building a grid of the future. The company aims to use the standalone power systems, or SPS, to replace as much as 40% of distribution lines across its vast network, which supplies 2.3 million customers in an area the size of the U.K.Network operators around the world have often struggled to serve remote customers with traditional wires and poles, which can be expensive and tricky to repair after storms or wildfires. The rapid decline in solar and battery costs over the past years has made standalone power systems an increasingly appealing alternative.“Transmission and distribution lines have never excelled at supplying power to a handful of customers in a highly remote area surrounded by rugged terrain,” said Sanjeet Sanghera, a BloombergNEF analyst in London. “Standalone power systems can provide a win-win for utilities and customers.”Western Power’s SPS plan is still in an embryonic phase. Following a three-year trial involving six units -- which the company said resulted in avoiding an average of 71 hours of power outages annually -- a total of 52 were installed in 2020. That will increase to up to 98 this year and eventually hit as many as 6,000.“They are significantly more reliable than the regional network due to the significant environmental factors that can impact the overhead lines, such as storms, lightning and bushfires,” said Ben Bristow, Western Power’s head of grid transformation. “The market will continue to mature and we will yield the benefits of this through an increased deployment rollout.”The technology won’t completely replace poles and wires, as it has some drawbacks, Sanghera said. Power grids enable the pooling and sharing of resources across vast distances, providing significant savings, while standalone systems have more limited capacity that may inhibit or slow the growth of rural communities. SPS also often rely on a polluting diesel generator as a backup system, he said.But it’s the resiliency of SPS that may see the technology deployed more widely, especially as global warming is expected to increase the frequency and severity of extreme weather events, according to Leonard Quong, a BNEF analyst in Sydney. Furthermore, power lines have caused devastating wildfires around the world, such as the 2018 Camp Fire in California that caused billions of dollars of damage, he said.Horizon Power Co., Western Australia’s other electricity provider, is also looking at installing SPS to increase reliability. The state-owned company plans to deploy as many as 45 of the systems over the next two years across its service area, which at 2.3 million square kilometers is larger than the U.S. Midwest.Western Power hopes its 6,000 units will allow it to replace as much as 23,000 kilometers (14,300 miles) of distribution power lines in its network that covers Perth and regions stretching to Western Australia’s remote outback. That would also help deal with the problem of a rapidly aging network.“Like many electricity networks around the world, large portions of our regional network are due for significant renewal,” Western Power’s Bristow said. “Installing thousands of SPS units will transform how we supply our regional customers over the coming decades and could avoid millions of dollars in traditional network renewal.”(Corrects to say distribution lines instead of transmission lines in third paragraph)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2021 Bloomberg L.P.
Leading stocks led Wednesday's rally, while Bitcoin plays such as Tesla and Square found 50-day support. Chipotle, Lam Research earnings beat late.
Seegene Inc. (KQ 096530), a leading biotechnology firm said it began supplying its COVID-19 diagnostic tests worth 16,209,150 GBP to Scotland under a public procurement agreement, the largest diagnostic volume seen in that region since the pandemic. Compared to Seegene's annual sales tallied in Scotland, the supply contract is worth triple the volume in 2020, which came in at 5,400,000 GBP.
More are understanding how the environment impacts mental health and how climate change disproportionally impacts marginalized communities.
Pascal Siakam had 27 points and nine rebounds, OG Anunoby scored 25 points and the Toronto Raptors seized control in the third quarter in a 114-103 victory over the Brooklyn Nets on Wednesday night, extending their winning streak to four games. Kyrie Irving had 28 points, 11 rebounds and eight assists for the Nets, and Bruce Brown added 21 points and 14 rebounds. Toronto made 13 of 24 shots (54%) and outscored the Nets 36-23 in the third quarter.
The European Union needs to engage with China despite many differences instead of opting for a more isolationist approach, Germany said on Wednesday. "In the EU, we have been describing China as a partner, competitor and systemic rival at the same time," German Foreign Minister Heiko Maas said ahead of a virtual meeting with his Chinese counterpart Wang Yi.
A sheriff's deputy is accused of burning an inmate with hot water at a jail's mental health center in Southern California, according to authorities.
On the release of what was to be the late Monte Hellman’s final feature film in 2011, critic Steve Erickson noted “Monte Hellman is the ultimate outlaw filmmaker.” A decade earlier, filmmaker-critic Kent Jones wrote that “anything written in America about Monte Hellman … cinema’s most under-appreciated great director … must be a defense.” Decades before Jones’ astute […]
Freddie Gillespie (Toronto Raptors) with a block vs the Brooklyn Nets, 04/21/2021
Collin Sexton (Cleveland Cavaliers) with an and one vs the Chicago Bulls, 04/21/2021
Isaiah Hartenstein (Cleveland Cavaliers) with an alley oop vs the Chicago Bulls, 04/21/2021
Isaac Okoro (Cleveland Cavaliers) with a dunk vs the Chicago Bulls, 04/21/2021
Bruce Brown (Brooklyn Nets) with a 2-pointer vs the Toronto Raptors, 04/21/2021
Ladies and gentlemen, thank you for standing by, and welcome to the First Quarter 2021 Earnings Conference Call for UFP Industries. Hosting the call today are CEO, Matt Missad; and CFO, Mike Cole. Before I turn the call over to Matt Missad, let me remind you that the April 21st press release, yesterday's quarterly filing and today's presentation include forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995.
Jewelry designer Kendra Scott is giving 50 moms $2,000 apiece.