Sharp - Shore News Network

Trump Fires Up Thanksgiving with Sharp Denouncement of ‘Radical Left

Breaking Local News ReportNovember 29, 20240

PALM⁤ BEACH, Fla. — On this past Thursday, former ⁤President Donald Trump took the tradition of sharing a Thanksgiving message in a ‌novel⁣ direction with a scathing commentary on the ⁤”Radical Left Lunatics,” as he termed them, while concurrently holding forth ⁢with hopeful projections for the future of the nation. In his message, broadcasted through his own social media⁣ channels, the ⁣former president extended not only Thanksgiving wishes but also trenchant criticisms to all Americans, including those amongst his political ‍adversaries. He censured the “radical left” for purported attempts to⁤ destabilize the nation, boldly affirming their “miserable failure.” “On this

Kamala Harris’ Social Media Presence Has the Vibes of a Public Library as Google Trends Shows America Has Already Moved On

Breaking Local News ReportNovember 15, 20240

WASHINGTON, D.C. — Interest in Vice President Kamala Harris has plummeted following her defeat in the 2024 presidential election, according to Google Trends data. The search engine tracking site revealed a significant spike in searches for Harris last week but noted an equally sharp decline in the days following her loss to former President Donald Trump. Harris, who was the Democratic nominee for president, has maintained a notably low profile since Election Day. Once active across her social media platforms—posting 10 to 20 times daily—Harris’s campaign and personal accounts have largely gone silent. Her official campaign account has not posted

Wind Turbine Shards Not the Only Sharp, Dangerous Objects Along Cape Cod Coast

Breaking Local News ReportAugust 30, 20240

CAPE COD, MASS. — A 10-foot great white shark named Miss May was spotted this week in Cape Cod Bay, according to data from Ocearch. The juvenile female shark, estimated to weigh 846 pounds, was last detected on August 27 at 4:50 p.m. While some in the area are concerned about broken shards from the nearby Vineyard Winds turbine disaster, another dangerous object lurks beneath the water. Miss May was originally tagged by Ocearch researchers on February 15, 2019, near Fernandina Beach, Florida. Since then, the shark has traveled up and down the East Coast, with her latest ping recorded

Sharp, Jagged Debris Washes Ashore on Nantucket Beaches Officials Say “Wear Shoes”

Breaking Local News ReportJuly 17, 20240

NANTUCKET, MA – Beaches in Nantucket have reopened since their closure this week due to sharp fragments from a damaged offshore wind farm washed ashore. Officials say most of the larger debris has been removed, but urge beachgoers to remain vigilant, and to wear shoes if walking on the beach and footwear in the ocean as smaller shards are possible. Nantucket’s Department of Public Works is actively cleaning up debris from a Vineyard Wind turbine scattered across the south shore, spanning from Surfside to Miacomet. The incident, involving broken fiberglass wind turbine blades, prompted a temporary closure of the affected

Australia’s sharp inflation slowdown reinforces view RBA hike-cycle is over

ReutersJanuary 9, 20240

By Stella Qiu SYDNEY (Reuters) – Australia’s inflation slumped to a near two-year low in November and core inflation also eased sharply, a softer-than-expected result that reinforced market expectations interest rates would not need to rise any further. Data from the Australian Bureau of Statistics on Wednesday showed its monthly consumer price index (CPI) rose at an annual pace of 4.3% in November, the slowest pace since January 2022. That was down from 4.9% in October and under market forecasts of 4.4%. For the month, CPI rose 0.3%. A closely watched measure of core inflation, the trimmed mean, rose an

Sharp Fed liquidity drain hints at early end for balance sheet runoff

ReutersDecember 11, 20230

By Michael S. Derby NEW YORK (Reuters) – A key threshold markets link with an end to the Federal Reserve’s wind-down of its asset holdings could be hit sooner than expected, pointing to fresh uncertainty over the endgame for the central bank’s balance sheet normalization process. According to the most recent New York Fed survey of Wall Street’s biggest banks, the Fed is expected to end the contraction of its holdings of cash and bonds when balances in its reverse repo facility fall to $625 billion. At the same time, banks in the survey also say quantitative tightening, or QT,

Biggest Israel ETF suffers sharp outflows in wake of conflict

ReutersOctober 12, 20230

By Bansari Mayur Kamdar (Reuters) – The iShares MSCI Israel exchange-traded fund (EIS) suffered substantial outflows this week after its price hit a three-year low as clashes between Israel and the Palestinian group Hamas ignited fears of a wider conflict. The $116.92 million fund, the biggest exchange-traded fund (ETF) exposed to Israeli stocks, saw net outflows of $4.94 million so far this week, on track for its worst weekly showing in a month, according to Lipper data. “If you look at EIS, it has more domestic exposure because it holds Mizrahi and a few other financial services companies,” said Aniket

U.S. bank ETFs suffer sharp outflows ahead of results

ReutersOctober 11, 20230

By Bansari Mayur Kamdar (Reuters) – Exchange-traded funds tracking U.S. banks saw significant outflows since the start of October and ahead of earnings as investors took money off the table fearing elevated interest rates and stricter regulations in the aftermath of the regional bank crisis. In the first 10 days of this month, the $1.46 billion Invesco KBW Bank ETF saw net outflows of $336.18 million, while the $2.49 billion SPDR S&P Regional Banking ETF saw net outflows of $19.58 million. Overall, the Invesco fund and the SPDR fund posted net inflows of $381.16 million and $565.15 million so far

UK real estate adviser Savills posts sharp profit drop, shares tank

ReutersAugust 10, 20230

(Reuters) – Savills Plc posted a sharp drop in half-yearly profits on Thursday as rising interest rates hit trading volumes, sending the British real estate adviser’s shares down nearly 9%. The company said group underlying profit before tax fell to 16.3 million pounds ($20.8 million) in the six months ended June 30, from 59.2 million pounds in the same period last year. ($1 = 0.7835 pounds) (Reporting by Eva Mathews in Bengaluru; Editing by Savio D’Souza)

Sharp Chinese rebound powers LVMH sales growth in second quarter

ReutersJuly 25, 20230

By Mimosa Spencer PARIS (Reuters) -Sales at the world’s top luxury group LVMH rose by 17% in the second quarter, with a sharp rebound in China helping to offset a decline in the United States, where inflation and economic turbulence have dented demand for high-end goods. The French company, whose 75 brands include fashion labels Louis Vuitton and Dior as well as Hennessy cognac and U.S. jeweller Tiffany, said on Tuesday it made 21.2 billion euros ($23.4 billion) of sales in the three months to the end of June. The 17% increase at constant exchange rates was a touch better

Sharp slowdown in growth of bank lending for euro zone and Germany forecast

ReutersJune 26, 20230

FRANKFURT (Reuters) – High interest rates will keep a lid on the pace of bank lending in Europe this year and next, with a particular slowdown in growth in Germany as demand for loans tails off, according to a study by consulting firm EY. Lending to businesses and households in the 20-nation euro zone will expand 2.1% in 2023 and 1.7% in 2024, muted increases after a 14-year high of 5% in 2022, EY said in its lending forecast published Monday. The European Central Bank last year began raising interest rates in response to the highest inflation in decades, with

Tech investor Prosus flags sharp drop in full-year profit

ReutersJune 14, 20230

AMSTERDAM (Reuters) – Technology investor Prosus on Wednesday said its profit dropped significantly last year due to impairments and lower contributions from its biggest holding, Chinese software and gaming giant Tencent. Prosus said it expected earnings per share to have fallen by 40% to 47% in the year through March 2023 as Tencent was hit by COVID-19 lockdowns and regulations in China. “The operating environment was characterised by significant geopolitical and macroeconomic uncertainty,” Prosus said in a trading update. The company said earnings from consolidated businesses in the second half of the year had been stronger than in the first

US rate futures expect Fed pause in June in sharp turnaround from earlier

ReutersMay 31, 20230

By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – U.S. rate futures on Wednesday priced in a pause in interest rate hikes by the Federal Reserve at next month’s monetary policy meeting, a massive turnaround from indications of a 25 basis-point increase earlier in the session, according to Refinitiv’s FedWatch. The big catalyst were comments from Fed Governor and vice chair nominee Philip Jefferson and Philadelphia Fed President Fed Harker who both touted skipping a June rate hike. Jefferson said “skipping a rate hike at a coming meeting would allow the (Federal Open Market) Committee to see more data before making decisions

Latitude Group flags sharp drop in earnings due to cyberattack, shares fall

ReutersMay 26, 20230

By Navya Mittal and Himanshi Akhand (Reuters) -Australia’s Latitude Group on Friday forecast a steep fall in fiscal 2023 earnings due to higher credit losses and provisions associated with a recent cyberattack, sending its shares nearly 10% lower. The company, which provides credit cards and personal loans for some of Australia’s biggest retailers, said in March hackers stole nearly 8 million Australian and New Zealand drivers’ licence numbers. Australia has been roiled by a raft of cyberattacks since late last year, with Latitude ranking among the country’s biggest data thefts. Data compiled by the government agency Australian Cyber (ACSC) showed

Sharp increase in infant sleeping deaths in Baltimore prompts health warning

Jessica WoodsMarch 31, 20230

BALTIMORE, MD – Public health officials in Baltimore are concerned about a recent spike in sleep-related infant deaths throughout the city. Since December, 18 babies have died in their sleep in Baltimore. “There has been a recent spike in sleep-related infant deaths in Baltimore City. You can help protect your babies, especially if they are sick, by making sure they sleep safe,” the Baltimore Police Department said today in a statement promoting the new initiative. “There has been a sharp increase in sleep-related infant deaths this winter. Our hearts are broken for these families and we want to prevent these

China expects sharp rebound in tourism this year

ReutersFebruary 21, 20230

BEIJING (Reuters) – China expects its tourism market to flourish this year, starting with a busy and robust summer travel season as travellers flock to vacation destinations after the government ended its zero-COVID policy that kept people home for almost three years. Domestic tourism revenue in 2023 could reach about 4 trillion yuan ($580.8 billion), a year-on-year increase of about 95%, and recover to about 71% of 2019 levels, according to data from the China Tourism Academy. Domestic tourist numbers are expected to reach around 4.55 billion in 2023, up 80% year-on-year, while inbound and outbound tourists numbers are seen

Europe ministers tackle sharp increase in space funding

ReutersNovember 22, 20220

By Tim Hepher PARIS (Reuters) -European ministers haggled on Tuesday over a proposed 25% boost in space funding over the next three years designed to maintain Europe’s lead in Earth observation, expand navigation services and remain a partner in exploration with the United States. The European Space Agency (ESA) is asking its 22 nations to back a budget of some 18.5 billion euros for 2023-25, up from 14.5 billion at its last summit in 2019, in a triennial funding ritual held against a backdrop of pressure on public finances. Speaking to politicians a stone’s throw from the Eiffel Tower, agency

Toyota considers sharp boost in output of first EV, but not before 2025, sources say

ReutersOctober 26, 20220

By Maki Shiraki TOKYO (Reuters) -Toyota is considering a sharp increase in production of its first mass-market battery-electric vehicle from 2025, according to three people with knowledge of the developing plans, ramping up output of the vehicle amid a broader strategy rethink. The Japanese automaker is considering increasing production of its bZ4X electric vehicle (EV) crossover by either six or 12 times from its current monthly output of a little more than 1,000 cars a month, from 2025 if it can secure needed components, including semiconductors, they said. The car is produced at Toyota Motor Corp’s Motomachi plant near its

Hong Kong finance chief says no sharp risk to property prices

ReutersSeptember 21, 20220

HONG KONG (Reuters) -Hong Kong’s finance chief said on Thursday he does not see a sharp risk to the city’s real estate market nor a need to adjust property control measures, as the financial hub braces for more interest rate hikes. Finance Secretary Paul Chan was speaking after the Hong Kong Monetary Authority raised its base rate charged through the overnight discount window by 75 basis points to 3.5%, its highest since October 2008, following the same move by the U.S. Federal Reserve. Chan said that while home prices in Hong Kong have dropped close to over 6% in the

Detour Around Sharp Road in Evesham Due to Downed Power Lines

Charlie DwyerAugust 5, 20220

EVESHAM, NJ – Police in Evesham are warning commuters of possible delays after a utility pole and power line were downed on Sharp Road. :There is a pole and power line down on Sharp Road at Wenonah Trail. The traffic pattern has been altered. Avoid Sharp Road in travels. PSEG on location,” the department said today. Commuters should plan accordingly. There is a pole and power line down on Sharp Road at Wenonah Trail. The taffic pattern has been altered. Avoid Sharp Road in travels. PSEG on location.

China GDP data to show sharp slowdown in Q2, tepid recovery in June

ReutersJuly 14, 20220

By Kevin Yao BEIJING – China is expected to report a sharp slowdown in economic growth in the second quarter after widespread COVID lockdowns jolted factories and consumers, although activity in June may have perked up. Data on Friday is expected to show gross domestic product (GDP) grew 1% in April-June from a year earlier, a Reuters poll showed, slowing from the first-quarter’s 4.8% pace. The expected growth would be the weakest since a steep 6.9% slump in the first quarter of 2020, when an outbreak of COVID-19 in the central city of Wuhan, first detected in late 2019, turned

U.S. Attorney Jan W. Sharp Announces Retirement

DOJ PressMay 19, 20220

After serving 40 years as a prosecutor in Nebraska, United States Attorney Jan W. Sharp announced today that he intends to retire at the end of May. Sharp, a native Nebraskan, attended the University of Nebraska College of Law graduating with distinction in 1982. That same year he began his career as a prosecutor serving as a Deputy Lancaster County Attorney in Lincoln. He spent six years in the office handling a variety of criminal cases ranging from white collar crimes to homicide. During his tenure he worked with the newly created Technical Investigations Unit of the Lincoln Police Department

D.C. Police Search for Attempted Robber Armed With Sharp Metal Object

Kristen Harrison-OnealMay 17, 20220

WASHINGTON, D.C. – The Washington, D.C. Metro Police Department is investigating an Assault with Intent to Commit Robbery while Armed offense that took place on May 15th. This incident happened on the 1300 Block of L Street in Northwest, D.C.. Police are asking the public’s assistance to identify the suspect. According to police, “At approximately 8:50 am, the suspect approached the victim at the listed location. The suspect asked for money and the victim refused. The suspect then stopped the victim, brandished a sharp metal object, and demanded property. When the victim walked away, the suspect fled the scene.” Nearby

BOJ Gov Kuroda: “recent sharp yen weakening” could impact firms’ profit plans

ReutersApril 17, 20220

TOKYO – Bank Of Japan Governor Haruhiko Kuroda said on Monday that the recent sharp weakening in the yen could impact on Japanese firms’ earnings plans. It is desirable that currencies move stably reflecting economic fundamentals, Kuroda told a parliament session. (Reporting by Tetsushi Kajimoto and Kantaro Komiya; Editing by Kim Coghill)

Sharp Launches New Line of A3 Color Workgroup Document Systems

Your NewsApril 12, 20220

Enhanced cloud service connectivity, such as with Microsoft Teams, make it easy to streamline communication and native Microsoft Universal Print capability facilitate integration with Microsoft 365 environments that leverage simplified print management. The new Advanced and Essentials Series utilize the latest technology to help users get work done with greater efficiency. Innovative features such as multi-feed scan detection and enhanced auto skew correction, help ensure jobs come out right the first time, every time. Users can scan documents at up to 280 images-per-minute with the 300-sheet duplexing single pass feeder on Advanced Series models. The new inner folding unit offers