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Capital Bancorp: Q1 Earnings Snapshot

Published Sat, 22 Feb 2025 07:58:53 GMT

ROCKVILLE, Md. (AP) — ROCKVILLE, Md. (AP) — Capital Bancorp, Inc. (CBNK) on Thursday reported first-quarter net income of $9.7 million.The Rockville, Maryland-based bank said it had earnings of 68 cents per share.The company posted revenue of $49.4 million in the period. Its revenue net of interest expense was $40.5 million, which fell short of Street forecasts.Capital Bancorp shares have declined 29% since the beginning of the year. The stock has declined 26% in the last 12 months._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CBNK at https://www.zacks.com/ap/CBNKSource

Paratici resigns at Tottenham after losing appeal in Italy

Published Sat, 22 Feb 2025 07:58:53 GMT

LONDON (AP) — Fabio Paratici, Tottenham’s managing director of football, resigned Friday after losing his appeal against a 30-month ban for his part in a false accounting scandal involving former club Juventus.Paratici, who had been in the position at Tottenham since 2021, would have been expected to play a key role in identifying and hiring the successor to Antonio Conte, who was fired last month and hasn’t yet been replaced by a permanent manager.Paratici took a leave of absence ahead of the appeal hearing after his ban was extended worldwide by FIFA last month. He was one of the officials handed bans from soccer activities when Juventus was hit with a 15-point penalty following an investigation by Turin public prosecutors into alleged false bookkeeping.Juventus denied wrongdoing and also appealed to Italy’s highest sports court within the Italian Olympic Committee, known as CONI. On Thursday, a panel referred the case back to the Italian soccer federation’s appeals court an...

U.K. Deputy Prime Minister Dominic Raab says he will resign following an investigation into bullying complaints

Published Sat, 22 Feb 2025 07:58:53 GMT

LONDON (AP) — U.K. Deputy Prime Minister Dominic Raab says he will resign following an investigation into bullying complaints.Source

Burglars crash into Pompano Beach business attempting to steal guns

Published Sat, 22 Feb 2025 07:58:53 GMT

Burglars used a car to crash into a building along the 1300 block of Southwest First Court, just off West Atlantic Boulevard. The incident happened on Friday, just before 3 a.m., and the manager of the business said the vehicle rammed into the property in an attempt to steal guns.The manager of the Declaration Defense gun range said a driver tried to smash their way into the gated section of the business to create an opening to steal the supplies inside. According to the manager, when the burglar crashed into the building, the vehicle became stuck, which led the criminals to flee on foot empty-handed.The Broward Sheriff’s Office responded to the scene and has since contacted crews to tow away the damaged car. Deputies searched the car wreck and building for clues.Video footage displayed the damage that showed a gate far from its original placement and rubble from the crash on the floor of the gun range.Investigations are currently underway to determine the people involved in t...

City leaders offering gas at Ronselli Park for Sweetwater residents

Published Sat, 22 Feb 2025 07:58:53 GMT

In a welcomed relief for drivers across South Florida, the ongoing gas shortage crisis appeared to be gradually easing up. According to recent reports, more drivers are finally finding fuel, and lines at gas stations are starting to become shorter, with more gas available for purchase.While there are still a significant number of gas stations without fuel, the news is not all bad. In Sweetwater, Mayor Orlando Lopez and City Commissioner Ian Vallecillo have teamed up with E-Z Fill Gas to bring a fuel truck to Ronselli Park, located at 250 S.W. 114th Ave.Residents can breathe a sigh of relief as the gas tanker will be available at the park at 9:30 a.m. on Friday, providing much-needed gasoline to those who need it the most.The flooding interrupted the supply chain out of Port Everglades, making it difficult for tanker trucks to refuel gas stations. The situation was exacerbated by panic buying, which caused some gas stations to run out of fuel completely. With most terminals at Port E...

Dominic Raab latest in long line of sackings and storm-outs under Britain’s Tories

Published Sat, 22 Feb 2025 07:58:53 GMT

LONDON — Sackings and dramatic resignations used to be relatively rare in British politics. Not any more.Dominic Raab’s resignation as deputy prime minister and justice secretary amid a bullying investigation marks the third dramatic Cabinet departure from Rishi Sunak’s government — even though Sunak has been prime minister for under six months.These events were once a rarity. Analysis by the Institute for Government think tank shows that ministerial resignations outside reshuffles have become far more common as the Conservatives’ current 13-year-stretch in government has carried on, when compared to the decades under Tory and Labour governments between 1979 and 2010.Including the four Conservative prime ministers forced out since 2010, a total of 39 Cabinet ministers have — outside of a reshuffle — either been sacked, quit with a pop at the government, or resigned in disgrace. Here’s POLITICO’s reminder of each and every last one of them. The coalition...

Firefighters battling house fire in Chelmsford

Published Sat, 22 Feb 2025 07:58:53 GMT

Fire crews are working to extinguish a house fire in Chelmsford on Friday morning.Video from SKY7-HD showed crews using ladder trucks to battle the flames on Quigley Avenue, which were casting a large plume of smoke into the sky. No additional information was immediately available.This is a developing news story; stay with 7NEWS on-air and online for the latest details.

Weekend Rain On The Way

Published Sat, 22 Feb 2025 07:58:53 GMT

A chilly start turned into a fantastic afternoon yesterday as highs headed for the mid to upper 60s inland, while holding in the upper 50s at the immediate coast. Today, deep inland, it’ll be just as warm as yesterday, however, at the coast, it’ll be chilly. A northeast breeze prevails, keeping eastern Mass chillier through the afternoon. Although a few passing sprinkles are with us this morning, we’ll catch some some today at times too. We’ll call today partly sunny. The temp range from east to west is about 20 degrees this afternoon as temps hover near 50 at the coast and run up to near 70 in western Worcester County. Tomorrow, we’ll kick the weekend off dry, but it’ll be cloudy and seasonably cool with temps in the 50s to low 60s. Tomorrow night into Sunday, wet weather settles in with 0.50-1.00″ likely for much of Southern New England, with locally higher totals across western New England. Highs hold in the 50s. Early next week. Highs in...

Maura Healey shakes up MBTA board, adds three new members

Published Sat, 22 Feb 2025 07:58:53 GMT

Governor Maura Healey appointed three new members to the MBTA Board of Directors, putting a former general manager at the helm in a shake-up that followed months of public outcry for a more active and engaged board.Thomas Glynn, a past MBTA general manager and CEO of Massport under former governors Michael Dukakis and Deval Patrick, respectively, was appointed board chair. The board’s current chair, Betsy Taylor, resigned, effective immediately, a  Healey spokesperson told the Herald.Thomas McGee, a former Senate chair of the Joint Committee on Transportation and mayor of Lynn, and Eric Goodwine, a commercial banking executive in Worcester, were appointed as new members.Healey stuck with former Gov. Charlie Baker appointees Robert Butler and Chanda Smart, the latter of whom was added to the board in the final days of Baker’s term. Quincy Mayor Thomas Koch, another existing member, will continue in his role as the MBTA Advisory Board appointee. Transportation Secretary Gina Fiandaca ...

ASK IRA: Is slow and small any way for Heat to try to win a playoff series?

Published Sat, 22 Feb 2025 07:58:53 GMT

Q: We play small to get slower. That’s pathetic. – Rodney.A: Such is the reality of a roster that is largely unathletic. It’s not as if adding Max Strus or Duncan Robinson to the starting lineup in place of a lumbering big man necessarily makes the Heat any fleeter. Just smaller. Small ball typically means a faster pace, an injection of quickness, steals, transition, scoring. That simply is not the case with the Heat, which tends to be a double whammy, while also playing small. And even other smaller options are sampled, it is with older players such as Kyle Lowry and Victor Oladipo, who clearly have lost a step over the years.Q: Winning one game this series was our ceiling this season. – Kelly.A: And it well might be, in light of Wednesday night’s thrashing. For now, the focus is on getting one more. The best bet likely will be emulating something close to what the Bucks accomplished in Game 2, and win it over the top, with over-the-top 3-point shootin...