Apple set for another strong quarter after holiday demand
Wall Street eyes Apple as analysts forecast higher earnings and revenue for the January March quarter versus a year earlier. The report would echo late 2021 results amid iPhone demand and supply chain resilience. Separately Commerce Department data due show GDP growth at 1.6 percent annualized in Q1, down from 6.9 percent in Q4. The economy faces high inflation, strained supply chains, Ukraine war fallout, and pandemic effects.
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Boeing Faces Loss on Air Force One Contract
Boeing CEO David Calhoun calls the 2018 Air Force One project a unique negotiation with risks. The company will lose money on its $3.9 billion contract to build two new jets due to cost overruns.
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Market Turbulence Quiets as Earnings Loom for Big Firms
Stocks edged higher on mixed data as investors await key earnings from major U S companies. The S P 500 and Dow rallied while the Nasdaq edged lower, signaling cautious optimism ahead of results from blue chips like Whirlpool and V H R.
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Justice Matters to Hold Action Assembly in Douglas County
Justice Matters expects about 1000 people of faith at the event to push for four aims including restorative practices in the Lawrence school district, improving elderly care staffing, ending homelessness with a comprehensive plan, and reducing unnecessary jail bookings. The assembly is scheduled 6:30 to 8 p.m. at the Douglas County Fairgrounds Open Pavilion with COVID guidelines in effect.
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Lawmakers weigh Kansas stadium push amid Chiefs lure talks
Kansas lawmakers debate legalizing sports betting to lure the Chiefs to Legends in Kansas City Kansas with a casino and pro sports presence. GOP leaders back cautious hope while critics urge regulation and fear a wasted fund as betting debates unfold amid other stadium stakes and lease timelines.
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County Douglas County Discusses Funding and Building Safety Month
County leaders have not considered such proposals recently but noted a nearby city, Kansas City Missouri, passed an ordinance last year. Commissioner Kelly asked about funding viability while Administrator Plinsky said budget requests would address the level of funding. The commission had little business, but Commissioner Reid proclaimed May as Building Safety Month and heard an update on state legislation progress.
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Patrick Kelly
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