This Week: JPMorgan, Delta Air Lines, Un Houston
This Week: JPMorgan, Delta Air Lines, UnitedHealth results.
Here are some of the key business events and economic indicators for the upcoming week:
Delta Air Lines
Delta Air Lines' profit grew in the fourth quarter. The analysts forecasted that the Atlanta-based carrier on Tuesday made $1.40 a share in the last quarter, up from $1.30 a share in the same period of 2018. The stocks of Delta have recently improved from a profit warning in October and now rests below its 2019 high.
UnitedHealth Group will report its fourth-quarter results on Wednesday. The U.S. health insurer's shares had moved up more than 30% since October when it gave a strong outlook for 2020. UnitedHealth owns the Optum pharmacy benefits business and is providing health insurance to more than 49 million people.
JPMorgan Chase reports its fourth-quarter results on Tuesday. The bank's stock has grown by by 20% since October. The analysts have forecasted its profit leap to $2.35 a share in the latest quarter.
4 people injured in a shooting in the parking lot of a bar, said Houston Police
According to the Houston Police Department, four people got injured in a shooting in Midtown on Saturday morning.
The Houston Police Department and the Houston Fire Department were reported about an incident of shooting. They responded at around 2:15 a.m. at a nightclub near Anita Street and Travis Street.
On reaching the place on the incident, officers found four people suffering gunshots. Two of them were having severe injuries, but none of them had life-threatening injuries, according to Police. Two victims are 22 years old, and the other two victims are both 26 years old.
Police said the shooting took place due to some disturbance at a bar.
According to Police, three victims were fighting with the suspects inside the bar. The fight moved and in the parking lot behind the bar and broke down. The suspects drove to the parking lot again, where victims were still standing, and one suspect got out of the car and opened fired on the victims.
The investigation is going on in this case.
PD: Dead boy’s mother arrested after faking abduction and charged for killing her son
A 9-year-old boy named Alejandro Ripley is dead, and detectives and prosecutors are accusing his mother of this killing in Southwest Miami- Dade County.
The 45-year-old mother told police officers that two men kidnaped her son, but the next day she was taken to Turner Guilford Knight Correctional Center to face charges of first-degree murder and attempted premeditated murder. She will be held till Saturday without bond.
Miami-Dade State Attorney Katherine Fernandez Rundle said that the mother had lied about the abduction as detectives found a video showing that she pushed Alejandro into a canal at 103rd Avenue and Kendall Drive at about 7:30 p.m. Thursday. Witnesses at the scene saved the boy for the first time, said Fernandez Rundle.
But the same day, a second crime took place at a canal at Southwest 62nd Street and 138th Court. Detectives said Patricia Ripley admitted that she drove there about 8:30 p.m. and pushed the boy into the channel at the Miccosukee Golf and Country Club, where he drowned and died.
“This time, unfortunately, there was no one there to save him,” Fernandez Rundle said.
The detectives were still going on the detectives, others at the memorial were convinced that the evil madmen had abducted Alejandro on Thursday and killed him.
69th annual Spring Livestock sale online show and auction held virtually amide COVID-19 pandemic
This year, due to the COIVD-19 pandemic, 69th annual Spring Livestock sale online show and auction were held virtually to keep everyone safe.
The event started on April 27 and ended on May 2, and $ 76,630 was raised in the game from the winning bids on more than 130 student submissions. The sale included a range of small and large livestock, arts and crafts, welding, and woodworking projects.
Additional funds were raised from the donations which were directly made to the participating students.
Spring ISD Career and Technical Education Director Cynthia Williams said, "The virtual auction was very successful. If Tri-Club had not used this platform, student projects would not have been sold. All of their time and financial commitments would have been in vain."
According to Spring ISD, many students are dependent on the funds for their projects. Such auctions help them raise those necessary funds and for some graduating seniors as the fee for their post-secondary education and career training goals.
"Our community came together for this, and it was kind of heartwarming," Spring Tri-Club President Courtney Musterman said. "The majority of our big buyers that come out to our actual show did get online, and they still participated the way they normally do, but with it being an online auction we also were able to get some buyers that we've never had before, that haven't come out to our actual in-person auction. So that was kind of neat. It gave some of those people a different way to participate."
A new restaurant Peruvian-style chicken opens in Houston
Chick Houz, a New Peruvian-style chicken restaurant, is now open!
This new restaurant serving Peruvian-style chicken had its grand opening on Friday, May 6, which opened in phase 1 of the business reopening in Texas.
Currently, the restaurant is providing pickup and delivery service and a dine-in with a reduced capacity of 50%.
It is located at 14838 Park Row Dr. Suite E.
The restaurant's operating hours are 11 a.m.-9 p.m. on weekdays and 11 a.m. -7 p.m. on Sundays.
91 cases of drug conviction connected to the officer charged for Harding street raid may get overturned
Harris County District Attorney Kim Ogg announced that 100 more defendants sentenced due to the actions taken by former Houston police Officer Gerald Goines would be cleared.
Goines had charges for murder and tampered government records. After the botched Harding Street raid. In this raid, Rhogena Nicholas, Dennis Tuttle, and the couple’s dog dead and four officers were injured.
Ogg said that while reviewing the cases of Goines and investigation into the raid, around 91 additional convictions will be overturned.
“We will continue to work to clear people convicted solely on the word of a police officer who we can no longer trust,” Ogg said. “We are committed to making sure the criminal justice is fair and just for everyone.”
Many prosecutors had filed a motion asking the court to assign lawyers to the arrested people in cases where Goines got warrants accepted by “swearing-in affidavits to get the permission of judges for searches of homes and other locations.”
If the magistrate who Goines asked to sign a warrant to permit the raid on Harding Street had known of his history of lies and deception, he would not have signed it, and Rhogena and Dennis would likely still be alive today,” Ogg said.”