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Newspaper
Lawrence Journal World
Location
Lawrence, Kansas, United States of America
Date
May 13, 2023
Page
8
Target Corp, based in Minneapolis, reports its latest quarter with analysts predicting $1.77 per share on $25.3 billion in sales. Last year the company earned $2.19 per share. In February, Target outlined a $5 billion investment plan for store renovations, drive up returns, and online shopping upgrades.
The National Association of Realtors reports March existing home sales fell 2.4 percent from February and 22 percent from a year earlier. Rising mortgage rates and tight supply hinder buyers, especially first timers, while the national median price dropped to 375,700 dollars. Commodity markets show natural gas up over 3 percent, and crude oil and wholesale gasoline down more than 1 percent. Silver declined and gold held steady.
Arthur Wheaton of Cornell University says pilots may use leverage in talks, signaling that a strike could be a bargaining tactic this summer. He notes it is not about intentional travel disruption but power dynamics in negotiations. Source: The Associated Press.
Stocks edged lower after a preliminary survey showed consumer confidence rising. The S&P 500 fell 0.2 percent on Friday while the Dow barely declined and the Nasdaq shed 0.4 percent, reflecting mixed reaction to the upbeat sentiment reading.
The economy shows consumer stock declines while Treasury yields climb as data suggest the Federal Reserve may keep rates high to curb inflation expectations. War w Heart.
Harris escaped into a residence but stopped a woman from entering. A man inside confronted him and was injured. Harris pleaded no contest in April to one count of aggravated battery under a plea that dismissed other robbery and assault charges. He was sentenced to 32 months, with 168 days already served toward the term.
The health department lists priority areas including food security child care behavioral health and access to health care with the top concern identified by residents. Other areas cover cardiovascular disease child abuse criminal justice and safe affordable housing. Details and data points are on ldchealth.org and feedback is invited via county meetings surveys and 14 area surveys at bit.ly/3Mnfhth.
In the Elkins case a rare policy exception avoided notifying victims to prevent retraumatization. Douglas County Judge Malone sentenced Elkins to 48 years, the maximum under Kansas guidelines, while the Project for Innocence and Post Conviction Remedies notes the original sentence misclassified a burglary as a person felony. The project says the current sentence complies with the law after a 2021 correction.
Gardner Leiden discussed a no contest or guilty plea to a midlevel aggravated sexual battery and three felony unlawful use of a computer charges. The deal would have run 61 months in prison, with potential 165 months if convicted of the rape charge, while Gardner’s attorney said he would not plead and prefers trial May 22 with a $50,000 own-recognizance bond.
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