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Formula Systems: Q3 Earnings Snapshot

Published Sat, 22 Feb 2025 11:54:00 GMT

OR YEHUDA, Israel (AP) — OR YEHUDA, Israel (AP) — Formula Systems (1985) Ltd. (FORTY) on Wednesday reported net income of $15.6 million in its third quarter.On a per-share basis, the Or Yehuda, Israel-based company said it had profit of $1.The information technology company posted revenue of $654.8 million in the period._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on FORTY at https://www.zacks.com/ap/FORTYSource

Loss to Austria caps a disastrous year for Germany ahead of hosting Euro 2024

Published Sat, 22 Feb 2025 11:54:00 GMT

DUESSELDORF, Germany (AP) — This was meant to be Germany’s rebuild year ahead of hosting the European Championship. The team is a wreck.With less than seven months until the tournament, the defining moment of Tuesday’s 2-0 loss to Austria came when Leroy Sané was sent off for shoving an opponent. Coming in a friendly with no particular bad blood between the teams, that incident seemed to reflect just how miserable and exasperating it’s become to play for four-time World Cup winner Germany.“The red card for Leroy sums it all up. The frustration, the disappointment in ourselves too,” captain Ilkay Gündogan told broadcaster ZDF, adding there’s a lack of “positive energy” in the team.Coach Julian Nagelsmann — who now has one win from his first four games — picked an attacking lineup with three forward players and two more, Kai Havertz and Julian Brandt, as nominal wing-backs. It didn’t work.Germany created almost no chances in the first half and struggled t...

Several DIA parking lots full Wednesday as airport prepares for busiest day

Published Sat, 22 Feb 2025 11:54:00 GMT

DENVER (KDVR) — The busiest travel day of the Thanksgiving holiday is here. As thousands of travelers move through Denver International Airport on Wednesday, several parking lots are already at capacity. DIA has been preparing for the busy holiday week, with more than 785,000 passengers expected to travel through TSA checkpoints at DIA from Nov. 17 through Nov. 27, a 13% increase from this time last year. Guide to DIA: Travel tips during the holidays Wednesday, Nov. 22, and Sunday, Nov. 26 are projected to be the busiest days at the airport. Several parking lots are already full, and it's not even 7 a.m.Here is the status of the DIA parking lots as of 6 a.m. Wednesday:Garage East: OpenGarage West: OpenEconomy East: FullEconomy West: FullPikes Peak Lot: FullLongs Peak Lot: OpenShort Term East: OpenShort Term West: Open61st and Peña: FullFree shuttle buses from the Pikes Peak and Longs Peak lots run every seven to 10 minutes when the lots are open. Those parking at 61st and Peñ...

Animatronic model of E.T.’s head expected to fetch up to $1 million at auction

Published Sat, 22 Feb 2025 11:54:00 GMT

An animatronic head of E.T., the beloved alien left behind on Earth in Steven Spielberg’s classic movie, is expected to sell for as much as $1 million at an auction held on December 14-17 in Beverly Hills, California and online.The animatronic model from “E.T. the Extra-Terrestrial” is part of a sale organized by Julien’s Auctions and Turner Classic Movies, which, like CNN, is owned by Warner Bros. Discovery. More than 1,000 props and memorabilia from some of the best-known sci-fi, fantasy, action and superhero movies and TV series will be available at the auction.Designed by the late Carlo Rambaldi, the model has some incredibly expressive moves. Its nostrils open and close, and its veins pulsate, while cables also allow for the movement of its eyes, lips, eyebrows, forehead and tongue.This model comes from Rambaldi’s own collection, as did the animatronic figure of E.T. sold by Julien’s Auctions last November for $2.56 million.His daughter, Daniela Rambaldi, recalls her fathe...

Pilot killed in small plane’s fiery crash into Texas shopping center parking lot, official says

Published Sat, 22 Feb 2025 11:54:00 GMT

A pilot flying a single-engine aircraft that careened into a Texas shopping center parking lot on Tuesday has died, Plano Fire Department Lt. Daniel Daly told CNN.The pilot was the only person onboard the small Mooney M20, which crashed north of the Air Park-Dallas Airport in Plano, Texas, around 6 p.m. CT, according to a Federal Aviation Administration spokesperson. The aircraft landed in a parking lot less than a mile from the airport, according to Daly.The plane “did not land on or collide with anything,” Daly said.Authorities have not identified the pilot and it’s unclear what led to the crash.The aircraft became engulfed in flames, which Daly said eventually spread to an unoccupied vehicle nearby. Video taken by witness Corban Garcia shows first responders battling fire around the plane’s smoke-blackened frame, which is crumpled just feet from a row of shops.Garcia said he first heard an explosion Tuesday night as he was leaving his workplace across the street from the sho...

UK Autumn Statement: Jeremy Hunt cuts tax in bid to cheer gloomy Tories

Published Sat, 22 Feb 2025 11:54:00 GMT

LONDON — Britain’s Chancellor Jeremy Hunt offered voters a tax cut — with one eye on a general election.The U.K.’s top finance minister — whose boss Rishi Sunak is trying to defy dire polling for his governing Conservative Party ahead of an expected election next year — announced a two percentage point cut to the main rate of National Insurance as the final flourish in an “Autumn Statement for growth” unveiled Wednesday.Hunt’s Treasury is betting the personal tax cut — coupled with a boost to the national living wage — will be felt widely, in a move the Conservatives hope will boost the pay packets of ordinary workers and ease voter concerns about the cost of living.He said: “If we want people to get up early in the morning, if we want them to work nights, if we want an economy where people go the extra mile and work hard, then we need to recognize that their hard work benefits us all.”National Insurance is paid by all employees earning more...

Israel-Hamas conflict has gone beyond war to ‘terrorism,’ Pope Francis says

Published Sat, 22 Feb 2025 11:54:00 GMT

Pope Francis on Wednesday said the situation in the Middle East has moved beyond war to terrorism. The pope’s statement came after he met with two separate delegations, one of Israelis who have relatives held hostage by Hamas, and one of Palestinians with relatives detained in Israeli prisons. Speaking in St. Peter’s Square in Vatican City earlier Wednesday, the head of the Roman Catholic Church said both communities “suffer a lot,” adding that in the Middle East, “we have gone beyond wars” and are at “terrorism,” according to Avvenire, an Italian newspaper affiliated with the Catholic Church.The pontiff has also called for a peace prayer: “Let us pray for the Palestinian people, let us pray for the Israeli people, so that peace may come.” He strongly urged those present not to forget victims of conflicts in other parts of the world, “especially for the dear peoples of Ukraine, the tortured Ukraine.”Pope Francis...

European Parliament kills off landmark pesticide reduction bill

Published Sat, 22 Feb 2025 11:54:00 GMT

STRASBOURG — The EU’s draft master plan to reduce farmers’ dependence on chemical pesticides is dead after lawmakers in the European Parliament voted Wednesday to reject it.Lawmakers threw out the legislation, the Sustainable Use Regulation (SUR), with 299 votes against, 207 in favor, and 121 abstentions. It’s the end of the road for a key plank of the European Commission’s Green Deal, which after nearly a year and a half of negotiations never made it to the last stage of negotiations in which the EU’s executive, intergovernmental and legislative branches hammer out a final deal.“This is a very dark day for the society as a whole and for the environment — and also for farmers who’d be freed from dictums of the agroindustry,” said Austrian Green MEP Sarah Wiener, Parliament’s lead on the file from the environment committee.The Greens and other left-wing parties ended up voting against the final deal after a concerted push by the E...

This beer is made from recycled shower water

Published Sat, 22 Feb 2025 11:54:00 GMT

(CNN) — You wouldn’t know if you tasted it, but Epic OneWater Brew is a beer with a peculiar ingredient: it’s made with water recycled from the showers, sinks and washing machines of a residential building.The beer is safe to drink, thanks to a series of treatments that include microfiltration and ultraviolet light, and it is meant to bring attention to the issue of water scarcity and reuse.“Buildings globally use 14% of all potable water,” says Aaron Tartakovsky, CEO and co-founder of Epic Cleantec, the San Francisco-based water treatment company that made the beer in collaboration with a local brewery. “Almost no buildings reuse that water — that’s what we’re trying to change.”The beer is a Kölsch-style ale — a crisp, light-bodied drink originating from Germany — and was made with recycled graywater from Fifteen Fifty, a 40-story luxury apartment building in San Francisco. But it’s not for sale, as regulations prohibit the use of recycled wastewater in commercial beverages. A...

Warren Buffett donates $870 million to charities ahead of Thanksgiving

Published Sat, 22 Feb 2025 11:54:00 GMT

New York (CNN) — Warren Buffett is donating about $870 million to four family-run foundations ahead of the Thanksgiving holiday, continuing a tradition of giving away his massive wealth of about $120 billion.The donations are in the form of shares, with a release from his Berkshire Hathaway conglomerate detailing that 1.5 million shares are going to the Susan Thompson Buffett Foundation, which is named after his wife. Another 900,000 shares are being divided evenly among three charities run by his children.Buffett said the donations “repeat those made at Thanksgiving last year” and that they “supplement certain of the lifetime pledges I made in 2006 and that continue until my death (at 93, I feel good but fully realize I am playing in extra innings).”Last year, he donated about $750 million to the same foundations. He’s been making the same donations yearly since 2006.In a letter to shareholders, Buffett wrote on Tuesday that he and his children “have a common be...