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Newspaper
Lawrence Journal World
Location
Lawrence, Kansas, United States of America
Date
Jan 13, 2022
Page
8
Delta Air Lines reports for the October December quarter with Wall Street forecasts of a profit aided by rising revenue versus a year earlier. Delta had signaled a fourth quarter profit amid solid holiday travel bookings as unemployment claims stay near historic lows.
Commodities see a broad rise as natural gas jumps over 14 percent and U S crude settles up 1.7 percent. Wholesale gasoline heating oil gold and silver also finish higher. ING economist James Knightley notes the rally recalls Thatcher and Reagan era highs and warns inflation risk may linger.
Wall Street closed higher after a choppy session as investors weighed rising inflation pressures. The S&P 500, Dow Jones Industrial Average and Nasdaq all gained modestly amid mixed trade and ongoing confidence in tech equities like Carvana and Biogen.
Stocks led by retailers and communications shares rose as inflation posted the fastest year over year increase in nearly four decades, matching economists forecasts. Bio gen’s Alzheimer's drug faced coverage limits at $28,000 per year despite scrutiny of its benefits. Ally Financial rose on a higher dividend and a $2 billion buyback program.
Kansas Education Commissioner Randy Watson says the temporary solution is needed to address teacher shortages caused by the COVID-19 pandemic. The release notes shortages in licensed substitutes and calls the measure an emergency, not ideal, and supported by the Kansas Association of School Boards United School Administrators of Kansas and the Kansas National Education Association.
Washington faced a four week trial in September 2019 with a hung jury after he waived his right to a speedy trial. Community protests supported him over the years and a large 2020 protest helped raise funds to free him pending trial. Douglas County DA Suzanne Valdez moved to dismiss the case saying trial continuation could harm witnesses and the community. She stressed the decision was not an indictment of police.
Notices include Marion Township monthly meeting changes to first Monday at 6 30 pm at Marion Township Hall Overbrook Kansas Heartland Works seeks lease proposals due February 17 2022 real estate firms encouraged and name change petition for Timmia Emily Hearn Feldman heard March 4 2022 in Douglas County Court Kansas.
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