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Altria earnings fall short amid lower cigarette sales and competition for nicotine products
WASHINGTON (AP) — Shares of Altria dipped Thursday after the tobacco giant reported flat earnings due to declining cigarettes sales and challenging competition for newer products, including flavored nicotine pouches.The Richmond, Virginia-based company said fourth-quarter revenue slid 2% to $5.8 billion, mainly driven by lower cigarette sales. Tobacco companies have long had to manage shrinking sales of their main product category, but Altria executives said cigarettes have been increasingly squeezed by the introduction of unauthorized disposable electronic cigarettes, which... Read More
Microsoft weighs on Wall Street as gold's price suddenly snaps back
NEW YORK (AP) — The worst day for Microsoft in years is pulling the U.S. stock market away from its record heights on Thursday. The fever in the gold market may be breaking, meanwhile, as its price pulls back after hitting its latest all-time high.The S&P 500 sank 1.3% after flirting with its all-time high earlier in the morning. The Dow Jones Industrial Average was down 307 points, or 0.6%, as of 10:45 a.m. Eastern time, and the Nasdaq composite was 2.3% lower.
Microsoft was the heaviest weight on the market by far, and it sank 12% even though the tech giant... Read More
Melania Trump's documentary premieres at the Kennedy Center ahead of global release
WASHINGTON (AP) — Melania Trump is capping her first year back as first lady with the global release of a documentary she produced about the 20 days leading up to husband Donald Trump’s return to the White House.“Melania” will premiere Thursday at the Kennedy Center, where the Trumps are expected to walk the red carpet before the film opens in theaters worldwide Friday. They hosted a similar viewing at the White House last Saturday.
The first lady has said that she got the idea for the documentary after her husband won the 2024 election and that it will give... Read More
House Republicans propose stricter voting requirements as Trump administration eyes the midterms
WASHINGTON (AP) — House Republicans are proposing sweeping changes to the nation's voting laws, a long-shot priority for President Donald Trump that would impose stricter requirements before Americans vote in the midterm elections in the fall.The package expected to be released Thursday reflects some of the party's most sought-after election changes, including requirements for photo IDs before people can vote, proof of citizenship and prohibitions on universal vote-by-mail and ranked choice voting — two voting methods that have proved popular in some states. The Republican... Read More
Olympic gymnastics medal dispute between US and Romania in Paris goes back to Swiss court
LAUSANNE, Switzerland (AP) — A gymnastics medal disputed by the United States and Romania at the 2024 Paris Olympics is heading for a fresh legal review in a Swiss court.Switzerland’s federal court said on Thursday its judges sent the “highly exceptional circumstances” of the bronze medal awarded in the women’s floor exercise back to the Court of Arbitration for Sport to examine new evidence.
The outcome of an event that created a celebrated Olympic photo featuring bronze medalist Jordan Chiles and silver medalist Simone Biles rests on just a handful of team... Read More
Top Stories
- Microsoft weighs on Wall Street as gold's price suddenly snaps back
- Melania Trump's documentary premieres at the Kennedy Center ahead of global release
- Trump's border czar suggests a possible drawdown in Minnesota, but only after âcooperationâ
- Trump eyes basing his new Board of Peace at a Washington building in legal limbo
- EU lists Iran's paramilitary Revolutionary Guard as terrorist organization
- Situation in US South grows more dire after days of ice, frigid temperatures and widespread outages
- Democrats are poised to trigger government shutdown if White House won't meet demands for ICE reform
- The Latest: Democrats threaten to trigger government shutdown over ICE reform
- Responders recall a mission of recovery and grief a year after the midair collision near DC
- Sabalenka into fourth straight Australian Open final and facing Rybakina again
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Entertainment
- Melania Trump's documentary premieres at the Kennedy Center ahead of global release
- Kennedy Center's head of artistic programming steps down 2 weeks after taking the job
- The Sundance Film Festival is now streaming. Hereâs how, and what, to watch
- Ari Emanuel's 'fiery, furious' memoir to be released this fall
Sports
- Olympic gymnastics medal dispute between US and Romania in Paris goes back to Swiss court
- Patrick Reed opens with 71 to trail by 6 in Bahrain. He adds Qatar to his European tour schedule
- Boxer Gervonta Davis arrested on attempted kidnapping and battery charges
- Responders recall a mission of recovery and grief a year after the midair collision near DC