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Two Harvard Grads Saw Big Profits in African Education. Children Paid the Price.

Published Tue, 24 Dec 2024 17:44:02 GMT

In the early days of the era of Silicon Valley disruption, two Harvard University graduates dreamed up a bold experiment in education.Shannon May, who studied education development in rural China, and her husband, Jay Kimmelman, an education software developer, spied an untapped opportunity for some of the moving-fast-and-breaking-things going on all around them.“In 2007, we came to Africa,” May explained in a promotional video for the company they would go on to found: Bridge International Academies. “Due diligence had shown us that there were an incredibly high number of enrolled children who were still illiterate upon graduation — and was there a possible business model that could solve this? Was there something that could be done, even though people said there wasn’t anything that could be done?”The couple did the math and found that parents of impoverished children around the globe were spending many billions a year on schooling. Kimmelman invited his former roommate, Phil Frei...

All-Americans Siegrist, Reese top NCAA Greenville 2 bracket

Published Tue, 24 Dec 2024 17:44:02 GMT

GREENVILLE, S.C. (AP) — No one has been able to keep up with Villanova’s Maddy Siegrist all season. LSU’s Angel Reese has been putting up her own video-game numbers with unrelenting and remarkable consistency.They’re both Associated Press All-America first-team picks. And they’re headlining the Greenville 2 Region bracket entering Friday’s Sweet 16 games, providing star power to the doubleheader at a valuable time in the shared March Madness national spotlight.“I think it’s awesome,” Siegrist said Thursday. “It’s so important to have female sports really on the forefront right now and to inspire the younger generation. I’m just happy to be a part of it.”Siegrist and the fourth-seeded Wildcats meet ninth-seeded Miami in the first regional semifinal. Reese and the third-seeded Tigers meet second-seeded Utah, which is led by a second-team AP All-American in Alissa Pili. The winners meet Sunday for a Final Four ticket.Siegrist, a 6-foot-2 ...

Oxford Industries: Fiscal Q4 Earnings Snapshot

Published Tue, 24 Dec 2024 17:44:02 GMT

ATLANTA (AP) — ATLANTA (AP) — Oxford Industries Inc. (OXM) on Thursday reported fiscal fourth-quarter earnings of $32 million.The Atlanta-based company said it had net income of $2 per share. Earnings, adjusted for amortization costs and non-recurring costs, were $2.28 per share.The results beat Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $2.14 per share.The owner of the Tommy Bahama, Lilly Pulitzer and Southern Tide clothing lines posted revenue of $382.5 million in the period, which also topped Street forecasts. Three analysts surveyed by Zacks expected $378.7 million.For the year, the company reported profit of $165.7 million, or $10.19 per share. Revenue was reported as $1.41 billion.For the current quarter ending in April, Oxford Industries expects its per-share earnings to range from $3.60 to $3.80. Analysts surveyed by Zacks had forecast adjusted earnings per share of $1.13.The company said it expe...

Wisconsin Supreme Court candidate OK with Jan. 6 participant

Published Tue, 24 Dec 2024 17:44:02 GMT

MADISON, Wis. (AP) — The Republican-backed candidate for Wisconsin Supreme Court said Thursday that he had no problem with someone who was on the U.S. Capitol grounds during the Jan. 6, 2021, insurrection campaigning for him across the state in the waning days of the high stakes race, calling his work “invaluable.”Dan Kelly on Wednesday posted a video on Twitter of himself standing side-by-side with conservative activist Scott Presler and thanking him for his work. Presler, a Virginia native, planned several “stop the steal” rallies in addition to being on the Capitol grounds the day of the insurrection. Presler also described the siege on the Capitol as “the largest civil rights protest in American history.”When asked Thursday about Presler’s attendance at the insurrection, Kelly said he was “not really familiar with his background.”“But what I can say, I appreciate a great deal the work that he’s doing here in Wisconsin,” Kelly said. “I think it is invaluable.”Majority...

KB Home, Worthington rise; MillerKnoll, Trupanion fall

Published Tue, 24 Dec 2024 17:44:02 GMT

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Thursday:KB Home, up $2.77 to $39.57.The homebuilder beat analysts’ fiscal first-quarter profit and revenue forecasts.Worthington Industries Inc., up $8.21 to $61.34.The metal manufacturer reported strong fiscal third-quarter financial results.MillerKnoll Inc., down 91 cents to $19.73.The furniture maker gave investors a weak profit forecast.Steelcase Inc., up 43 cents to $7.61.The office furniture maker beat Wall Street’s fourth-quarter profit and revenue forecasts.Regeneron Pharmaceuticals Inc., up $50.86 to $802.16.The biotechnology company gave investors an encouraging update on a lung condition treatment.Accenture Plc., up $18.39 to $271.66.The consulting company’s fiscal second-quarter earnings beat analysts’ forecasts.General Mills Inc. up $2.28 to $82.15The maker of Cheerios and other packaged foods reported strong fiscal third-quarter financial results.Trupanion Inc., down $1...

Quest Resource: Q4 Earnings Snapshot

Published Tue, 24 Dec 2024 17:44:02 GMT

THE COLONY, Texas (AP) — THE COLONY, Texas (AP) — Quest Resource Holding Corp. (QRHC) on Thursday reported a loss of $3.3 million in its fourth quarter.The The Colony, Texas-based company said it had a loss of 17 cents per share.The recycling company posted revenue of $62.3 million in the period.For the year, the company reported a loss of $6 million, or 31 cents per share. Revenue was reported as $284 million._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on QRHC at https://www.zacks.com/ap/QRHCSource

Why the religious fast for Ramadan, Lent and other holy days

Published Tue, 24 Dec 2024 17:44:02 GMT

Muslims around the world are welcoming the start of Ramadan, a month of fasting, increased worship, heightened charity, good deeds and community. Christians are also fasting during Lent, the 40-day period of penance and prayer ahead of Easter, which marks the resurrection of Jesus Christ from the dead. Fasting across religions is practiced for a wide range of reasons that include spiritual purification and self-discipline. Here is a quick look at fasting as an act of faith:BUDDHISM — In Buddhism, fasting is recognized as one of the methods for practicing self- control. Buddhist monks generally refrain from taking solid food after noon every day. CHRISTIANITY — In Christianity, fasting is used as a way to purify the body, practice self-control and save resources to give to the poor. — Many Pentecostal Christians fast in anticipation that it will equip them to experience the Holy Spirit more powerfully. — During Lent, many Christians observe a 40-day period of penanc...

Board rules to allow officers in all Denver Public Schools high schools

Published Tue, 24 Dec 2024 17:44:02 GMT

DENVER (KDVR) — Following a shooting at East High School, the Denver Public Schools Board of Education is holding an urgent session Thursday.The urgent session began at 10 a.m. and comes on the heels of a shooting that injured two faculty members. The two deans were shot while searching a student who attended the school.After a private executive session of the meeting, the DPS website announced that classes are canceled for the entire district Friday, March 24, and it is a non-student contact mental health day for all DPS students and employees.There are lots of questions coming from parents, students and the community about the future of school safety. East High shooting victim returns home School resource officers were a big topic after Wednesday. In 2020, DPS voted to remove all SROs from campuses. DPS Superintendent Dr. Alex Marrero is now calling for at least one armed police officer to be posted on all high school campuses. The board remained in executive session until afte...

Coroner: Denver East shooting suspect died of self-inflicted gunshot wound

Published Tue, 24 Dec 2024 17:44:02 GMT

DENVER (KDVR) -- The Park County Coroner says that the Denver East High School shooting suspect died of a self-inflicted gunshot wound.The determination was part of the coroner's preliminary autopsy report, which was released Thursday afternoon. The latest: Board rules to allow officers in Denver Public Schools That shooting suspect, 17-year-old Austin Lyle, is accused of bringing a gun to school and shooting two administrators around 10 a.m. Wednesday. This happened during a daily search of him and his property that was part of a safety plan put in place after he transferred to Denver East following his expulsion from Overland High School.One of the two administrators was released from the hospital Wednesday afternoon, the other remained in serious condition Thursday.After the shooting, Lyle left the school in a red Volvo which was found outside Bailey late Wednesday afternoon. His body was found in the woods near the car several hours later. Denver Public Schools student disci...

Denver weather: Spring rain and snow showers this weekend

Published Tue, 24 Dec 2024 17:44:02 GMT

DENVER (KDVR) — Snow will continue in the Colorado mountains through tonight. A few rain and snow showers will drift across Denver weather through the late evening hours. The mountains will get several inches of accumulation. The metro area could see some patchy, light, grassy accumulation as forecast by Pinpoint Weather, Colorado’s Most Accurate Forecast.Snowfall forecast through Friday night from Colorado's Most Accurate ForecastWeather tonight: Showers then clearing and coldThe rain and snow showers will come to an end around midnight across the Denver metro area. Snow will also end in the mountains. As the skies start to clear, overnight temperatures will quickly fall below freezing across most of Colorado. The coldest readings will be in the high country, with single digits and teens possible. Denver temperatures will reach into the upper 20s. IRS: How to avoid impersonation scams as tax deadline nears Overnight lows from Pinpoint WeatherWeather tomorrow: Late day s...