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Grains mostly higher, Livestock mixed

Published Wed, 12 Feb 2025 08:00:52 GMT

CHICAGO (AP) — Grain futures were mostly higher Thursday in early trading on the Chicago Board of Trade. Wheat for May was up 3.50 cents at $6.67 a bushel; May corn gained 9 cents at $6.3425 a bushel; May oats rose 7.75 cents at $3.6875 a bushel; while May soybeans fell 16 cents at 14.30 a bushel.Beef was mixed and pork higher on the Chicago Mercantile Exchange.Apr. live cattle was up .12 cent at $1.6197 a pound; Mar. feeder cattle off .10 cent at $1.8867 a pound; Apr. lean hogs rose .60 cent at $.7775 a pound.Source

Aurora dentist formally charged with 1st-degree murder for death of wife

Published Wed, 12 Feb 2025 08:00:52 GMT

AURORA, Colo. (KDVR) — The Aurora dentist accused of poisoning and killing his wife was formally charged on Thursday. James Toliver Craig, 45, was arrested on a count of first-degree murder Sunday in the death of his wife, Angela Craig. According to an arrest affidavit obtained by FOX31, the Aurora Police Department believes James went to great lengths to kill his wife by allegedly searching for ways to kill someone undetected, ordering multiple different types of poison, pouring them into her protein shakes, and then attempting to begin a new life with another woman. East High School shooting suspect found dead near car in Park County The 18th Judicial District Attorney's Office filed a formal charge of first-degree murder against James Thursday morning. James appeared in person at the court hearing. Angela first became sick on March 6 and died on March 19. One of the key elements in this case will be the autopsy which will reveal anything Angela had in her system at the time of ...

DeSantis walks back ‘territorial dispute’ remark on Ukraine

Published Wed, 12 Feb 2025 08:00:52 GMT

COLUMBIA, S.C. (AP) — Florida Gov. Ron DeSantis is walking back his characterization of Russia’s war in Ukraine as a “territorial dispute,” following criticism from a number of fellow Republicans who expressed concern about the potential 2024 presidential candidate’s dismissive description of the conflict.In excerpts of an interview with Piers Morgan set to air Thursday on Fox Nation, DeSantis said his earlier comments referenced ongoing fighting in the eastern Donbas region, as well as Russia’s 2014 seizure of Crimea. Ukraine’s borders are internationally recognized, including by the United Nations.“What I’m referring to is where the fighting is going on now, which is that eastern border region Donbas, and then Crimea, and you have a situation where Russia has had that. I don’t think legitimately, but they had,” DeSantis said, according to excerpts. “There’s a lot of ethnic Russians there. So, that’s some difficult fighting, and that’s what I was referring to, and...

Miami Seaquarium performs successful cataract surgery on sea lion

Published Wed, 12 Feb 2025 08:00:52 GMT

A California sea lion is now on the road to recovery after she underwent surgery to remove cataracts that were impeding her vision. A board-certified anesthesiologist and ophthalmologist were part of the successful surgery alongside Miami Seaquarium’s veterinary team. Ocean the sea lion is now regaining her vision under the care of the training staff as they continue to monitor her and provide mental and physical stimulation through enrichment.

2 dead following shooting at apartment complex in Pompano Beach

Published Wed, 12 Feb 2025 08:00:52 GMT

Two people are dead after a shooting happened at a South Florida apartment complex. Broward Sheriff Deputies arrived to the scene near the 300 block of Southeast 11th Avenue, Thursday morning.7Skyforce hovered over the scene where a heavy police presence was seen at the complex. BSO SWAT were conducting an operation in the area.Officials do not believe that the two men who were shot are connected.Fire rescue crews were also at the scene. Deputies have detained two subjects for questioning.Please check back on WSVN.com and 7News for more details on this developing story.

No time for complacency, warn European regulators

Published Wed, 12 Feb 2025 08:00:52 GMT

PARIS — Europe may have dodged the worst of the banking crisis but regulators at the POLITICO Finance Summit warned now is not the time for complacency.One of the conference’s prominent speakers, Bank of Greece Governor Yannis Stournaras, cautioned against raising interest rates too quickly in the wake of the collapse of Credit Suisse and Californian lender Silicon Valley Bank.“A financial crisis can spread very quickly like a fire in the hole so we have to be careful — this makes me feel we should be more prudent than before,” he said at Thursday’s event in Paris. “Inflation still remains a problem and is much higher than the ECB target” of 2 percent, even if “it is falling.”He used a quotation from Aristotle to get his point across about the financial system: The whole is sometimes greater than the sum of the parts. Minutes before Stournaras took the stage, the Swiss National Bank raised interest rates by half a percentage point to 1.5 percent. Later in the day, ...

UK pitches for financial services cooperation with the EU

Published Wed, 12 Feb 2025 08:00:52 GMT

PARIS — The U.K. is pushing to work with the EU on financial services regulation now that an agreement on post-Brexit trade with Northern Ireland has been struck, Andrew Griffith, Economic Secretary to the Treasury, told the POLITICO Finance Summit in Paris today.The outreach opens the door to the signing “very quickly” of the Memorandum of Understanding agreed with the EU in principle in 2021 but never concluded, the minister said.“That will give us the framework to have the very closest dialogue with the partners who represent a very significant part of our U.K. financial markets,” Griffith said.Across Europe, some governments feared Britain would use Brexit as an excuse to dilute its regulatory framework in an effort to win more business, and open the door to a second “big bang” to charge its economy — a reference to the original deregulation regime put forward by Prime Minister Margaret Thatcher in the 1980s.But Griffith said he was comfortab...

Cargo train derailment involving several cars under investigation in Ayer

Published Wed, 12 Feb 2025 08:00:52 GMT

Several train cars carrying cargo in Ayer went off the tracks on Thursday, leaving multiple, large containers on their side.Emergency crews could be seen surveying the damage around noontime after multiple freight train cars derailed, while several others were left leaning off the tracks.A SKY7 camera spotted at least five cargo cars completely off the rails, with some of the large, blue containers they were carrying landing close to a nearby road.Authorities have not yet said whether there were any injuries.This is a developing story; stay with 7NEWS on-air and online for the latest updates.

Train derails in Ayer, fire department tells people to avoid area of Sculley Road

Published Wed, 12 Feb 2025 08:00:52 GMT

A train has derailed in Ayer, prompting local authorities to advise that people avoid the area of Sculley Road.The Ayer Fire Department said in a Facebook post at 12:13 p.m. that the scene is an “active incident” near Sculley Road and that the “railroad cars involved do NOT contain hazardous materials.”“We are working with officials from the railroad, Ayer Police Department and Ayer Department of Public Works to mitigate this incident,” the department said in the post. “Please avoid the area.”

Stocks rise, recover nearly all of steep loss from prior day

Published Wed, 12 Feb 2025 08:00:52 GMT

By STAN CHOE (AP Business Writer)NEW YORK (AP) — Stocks are rallying Thursday to recover almost all of their steep loss from a day before, when markets tumbled into the close. The S&P 500 was 1.5% higher in midday trading. The Dow Jones Industrial Average was up 393 points, or 1.2%, at 32,423, as of noon Eastern time, while the Nasdaq composite was 2.1% higher. A day earlier, stocks fell sharply after the Federal Reserve indicated that while the end may be near for its market-rattling hikes to interest rates, it still doesn’t expect to cut rates this year. Markets lost momentum after Fed Chair Jerome Powell said that, along with an insistence that it could keep raising rates if inflation stays high. But traders on Thursday were still largely betting the Fed will cut rates later this year. Such cuts can act like steroids for markets, juicing prices for stocks, bonds and other investments. They would relax the pressure on the economy, but they could also give inflatio...