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NBC News' Morgan Chesky shares his family’s story from Kerrville, Texas
NBC News· 2025-07-08 01:00
I feel really glad to have both of y'all here right now. Growing up in Kurville, Texas, where the waters of the Guadal loop always offered a cool escape, I was excited when my mom Karen and stepdad Michael retired on its banks. We love this river. We love being on the river.We've had grandkids play in this river and it's just been very shocking. Shocking because in the early hours of Friday morning, our beloved river turned into something else entirely. My mom waking up to a weather alert at 4:00 a.m. and p ...
BofA Directs Additional $1 Million to Los Angeles Nonprofits for Evolving Fire Recovery Needs
Prnewswire· 2025-07-07 20:19
Latest Round of Grants Brings BofA Fire-Relief Contributions to Over $3.5 MillionLOS ANGELES, July 7, 2025 /PRNewswire/ -- As Los Angeles hits six months since the onset of the January wildfires, Bank of America continues to support impacted clients, employees and communities and their evolving recovery needs. Most recently, BofA directed more than $1 million in additional philanthropic capital to local nonprofits that are providing resources ranging from helping small businesses reopen and families navigat ...
Encore Capital Group to Announce Second Quarter 2025 Financial Results on August 6
Globenewswire· 2025-07-07 20:05
SAN DIEGO, July 07, 2025 (GLOBE NEWSWIRE) -- Encore Capital Group, Inc. (Nasdaq:ECPG), an international specialty finance company, announced today that it will release its financial results for the second quarter 2025 on Wednesday, August 6, 2025, after the market closes. The Company will also host a conference call and slide presentation the same day at 2:00 p.m. Pacific / 5:00 p.m. Eastern time with Ashish Masih, President and Chief Executive Officer, Tomas Hernanz, Executive Vice President and Chief Fina ...
4 Stocks to Buy on Steady Rebound in Manufacturing Activity
ZACKS· 2025-07-07 13:16
Key Takeaways New orders for U.S. factory goods surged 8.2% in May, led by a 230.8% jump in commercial plane demand. ATR, ALLE, BWEN, and DXPE show earnings growth and upward estimate revisions over the past 60 days. Manufacturing recovery hopes rise as inflation eases and potential Fed rate cuts boost investor sentiment.The U.S. manufacturing sector is trying to rebound after suffering for over a year. New orders for U.S.-manufactured goods made a solid rebound in May, with the manufacturing sector showi ...
Despite ‘agony’, Texas community ‘is coming together’ to recover from floods: NPR Correspondent
MSNBC· 2025-07-06 21:58
Joining us now is Serio Martinez Belrren, a reporter for NPR based in Texas. Serio, I hope you're doing okay. I know you've reported on this area for a while.Um, I want to ask you first about the warnings because that seems to be a question everyone is asking. Did residents in this area get any kind of alert or flash flood warning. And even if they did, I was talking to somebody earlier today who said in these areas a flash flood alert on your phone normally means like don't drive in the street, not my hous ...
Desperate search for survivors continues after Texas flooding kills at least 79
MSNBC· 2025-07-06 21:23
I wish I did not have to give this update and and change your numbers here, Al. Uh, but we just received another update from the county officials here. Um, there are only 10 Camp Mystic campers unaccounted for now.One counselor. That's because the death toll has risen significantly here. Uh, 68 deceased in Kerr County alone.Among those, 40 adults and 28 children. That's just coming in from county officials as this this effort uh continues to try and find survivors. But as it seems increasingly likely now uh ...
Trump Speaks on US Stock Market and Jobs
Bloomberg Television· 2025-07-04 23:30
The stock market set an all time high. Jobs are at an all time high. Everything's at an all time high.And we're going to keep it that way. We have the greatest country in the world. And we're back.We're back like nobody thought possible this quickly. I thought it would take maybe a year, maybe two years, maybe even three. And we did it in less than six months. ...
政策红利收实效 创投市场添暖意
Zheng Quan Shi Bao· 2025-07-04 17:13
诸多因素中,二级市场估值修复与退出预期改善是募资、投资回暖的核心逻辑。当前行业对多元化退出 机制的共识不断深化,创投机构普遍将提升DPI(已分配资本/实缴资本)作为核心目标,通过优化退出策 略为出资人创造回报,因此对项目的退出诉求尤为强烈。 不过,市场全面回暖仍需突破多重关卡,比如,市场化资金投资情绪有待进一步激活,长线资金入市规 模需持续扩大,IPO退出通道有待进一步畅通。唯有实现"募投管退"全链条良性循环,机构投资者才能 真正释放投资动能,加大对硬科技领域的布局力度。未来,随着政策红利持续释放叠加市场机制自我修 复,创投行业将向更具韧性、更富效率的发展新阶段迈进。 随着上半年创投市场关键数据陆续发布,行业人士对市场回暖的认知已从主观感受转向客观数据支撑。 执中最新报告显示,上半年机构LP(出资人)出资规模同比激增50%,投融资规模降幅显著收窄,IPO退 出项目数量增幅超20%。多项核心指标集体反弹,标志着创投市场走向复苏周期。 政策"组合拳"持续发力成为市场修复的核心动能。从2024年新"国九条""创投十七条"到2025年初国办1 号文,再到5月七部门提出设立"国家创业投资引导基金",一系列政策"组合拳" ...
Macau's Recovery Accelerates: Will Melco's Top Line Keep Up?
ZACKS· 2025-07-04 12:46
Core Insights - Macau's recovery from pandemic lows is accelerating, with Melco Resorts & Entertainment (MLCO) benefiting significantly from this trend [1][2] Financial Performance - Melco reported strong performance in Q1, surpassing revenue and earnings estimates, driven by increased visitation during peak travel periods like Golden Week [2] - The mass gaming segment saw a notable rise in table drop volumes at key properties, City of Dreams and Studio City [2] - The stock has gained 84.8% over the past three months, outperforming the industry growth of 40.3% [9][11] Strategic Initiatives - CEO Lawrence Ho highlighted that recent gains are attributed to operational improvements, including property renovations and the relaunch of "House of Dancing Water," rather than solely recovery [3] - Melco is focusing on differentiating its offerings to align with changing consumer preferences in China, emphasizing experiences over luxury retail [3] Market Environment - The current pro-consumption policy in China supports domestic tourism and discretionary spending, providing a favorable backdrop for Melco [4] - However, challenges exist, particularly with non-Macau assets facing increased competition, necessitating cost revisions and strategic reviews [4] Competitive Landscape - Melco faces intensified competition from U.S.-listed operators like Wynn Resorts and MGM Resorts, both of which are expanding their market share and enhancing their offerings [6][7] - Wynn's focus on premium clientele and MGM's family-friendly attractions are particularly relevant as they align with Melco's diversification strategy [6][7] Future Outlook - Sustaining top-line growth will depend on disciplined reinvestment, diversification of non-gaming revenues, and navigating regional volatility [5] - The Zacks Consensus Estimate indicates a year-over-year earnings growth of 52.6% for 2025 and 56.3% for 2026, suggesting a positive outlook for Melco [14]
X @The Block
The Block· 2025-07-04 08:43
FTX Recovery Trust says payouts may be forfeited in ‘restricted’ jurisdictions like China and Russia https://t.co/RtvW1EE5mh ...