Wednesday, 9 Oct 2024

Regions Financial Corp. Q1 Earnings Rise

George W. Bush Reveals Who He Voted For In 2020

Former President George W. Bush has revealed who he voted for in the 2020 election.

And it wasn’t for then-President Donald Trump or now-President Joe Biden.

Instead, Bush wrote in the name of Condoleezza Rice.

“She knows it,” Bush told People magazine in an interview published Thursday. “But she told me she would refuse to accept the office.”

Rice served as Bush’s secretary of state from 2005 to 2009.

She is now director of the Hoover Institution at Stanford University.

Also in the interview with People, Bush sought to clarify his criticism earlier this week of Trump-era Republicans, who on the “Today” show he described as “isolationist, protectionist and, to a certain extent, nativist.”

“Really what I should have said — there’s loud voices who are isolationists, protectionists and nativists, something, by the way, I talked about when I was president,” said the 43rd president, who has made multiple media appearances this month to promote his new art book, “Out of Many, One: Portraits of Immigrants in America.”

“My concerns (are) about those -isms,” he added, “but I painted with too broad a brush … because by saying what I said, it excluded a lot of Republicans who believe we can fix the problem.”

Read Bush’s full interview with People here.

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Teen Girls from Kibera on a New Course

As teenage pregnancies soared during coronavirus lockdowns in Africa’s largest urban slum, Kibera, teachers and parents looked for a way to reduce the problem. Their idea was to form a women’s football (soccer) club, to direct their energy in a healthy way, and they became so good they are about to join Kenya’s professional women’s soccer league.

1 dead, 3 wounded in downtown San Diego shooting, police say

SAN DIEGO – One person died and three others were wounded in a shooting in San Diego, police said.

The shooting happened in the downtown area Thursday night, news outlets reported. The investigation spanned several city blocks, police said.

One person was taken into custody. It was unclear what led up to the shooting and police did not immediately announce a motive.

Authorities have not identified the person who died. The three people who were wounded were taken to hospitals for treatment, according to news outlets.

Suze Orman: You are paying off debt wrong. Here's the best way to get rid of your loans

Americans are in debt.

The average person has more than $92,000 in debt, according to the Experian 2020 Consumer Credit Review.

The most important step to paying off your obligations will be deciding which loans you need to tackle first, according to financial expert and podcast host Suze Orman.

You should start by categorizing your loans as secured or unsecured, said Orman.

Check out this video to see how the bestselling author recommends you determine which type of debt you have and what you need to do after compiling your list.

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Disclosure: NBCUniversal and Comcast Ventures are investors in Acorns.

‘Gaslighting 101’: Sen. Ted Cruz Ripped For One Of His Biggest, Boldest Lies Yet

Twitter users called out Sen. Ted Cruz (R-Texas) on Thursday over an easily debunked claim he made about Republicans and the Supreme Court. 

During a press conference to urge President Joe Biden to reject any attempt to expand the Supreme Court, Cruz said:

Critics were quick to point out that in 2016, Senate Republicans, led by then-Majority Leader Mitch McConnell, blocked then-President Barack Obama’s appointment of Merrick Garland to a Supreme Court seat for almost a year. At the time, Republicans claimed that an open court seat could not be filled in an election year. 

After Donald Trump won the 2016 election, Garland’s nomination died. Senate Republicans then nixed the filibuster for Supreme Court nominations in 2017 to confirm Neil Gorsuch instead, the first of three Trump appointments to the court. 

In 2020, when Supreme Court Associate Justice Ruth Bader Ginsburg died just weeks before the election, Senate Republicans forgot the McConnell Rule about keeping such seats open and rushed to confirm Amy Coney Barrett to the court. 

Given those very recent events, Cruz’s critics weren’t buying his claim that Republicans hadn’t rigged the system to stack the court: 

Regions Financial Corp. Q1 Earnings Rise

Regions Financial Corp. (RF) released a profit for its first quarter that rose from last year.

The company’s profit totaled $614 million, or $0.63 per share. This compares with $139 million, or $0.14 per share, in last year’s first quarter.

Analysts had expected the company to earn $0.47 per share, according to figures compiled by Thomson Reuters. Analysts’ estimates typically exclude special items.

The company’s revenue for the quarter rose 14.2% to $1.61 billion from $1.41 billion last year.

Regions Financial Corp. earnings at a glance:

-Earnings (Q1): $614 Mln. vs. $139 Mln. last year.
-EPS (Q1): $0.63 vs. $0.14 last year.
-Analysts Estimate: $0.47
-Revenue (Q1): $1.61 Bln vs. $1.41 Bln last year.

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