I-70 eastbound shut down at the Eisenhower Tunnel
Interstate 70 eastbound was closed around 3 p.m. Tuesday due to a crash just east of the Eisenhower Tunnel.
The Colorado Department of Transportation made the announcement at 3:02 p.m. CDOT has not said when the interstate’s eastbound lanes will be reopened.
EARNINGS SUMMARY: Details of AAR Corp Q4 Earnings Report
Below are the earnings highlights for AAR Corp (AIR):
-Earnings: $14 million in Q4 vs. -$16.5 million in the same period last year.
-EPS: $0.39 in Q4 vs. -$0.47 in the same period last year.
-Analysts projected $0.45 per share
-Revenue: $437.6 million in Q4 vs. $416.5 million in the same period last year.
Restaurants face a nationwide ketchup packet shortage
New York (CNN Business)Taco Bell is warning that some of customers’ favorite items might not be available.
The chain apologized on its website Tuesday, saying that because of “national ingredient shortages and delivery delays” that Taco Bell locations might be out of some options.
“Apologies for the inconvenience and we hope to feed fans’ current Taco Bell cravings again soon,” Taco Bell said in a statement to CNN Business. It didn’t specify which menu items or cities were affected.
Taco Bell is the latest restaurant chain to be affected by global supply chain disruptions that have rippled across industries. Fast food chains have been hit particularly hard in recent months by a labor shortage and low inventory on some key ingredients.
Chick-fil-A recently limited the number of sauces it’s giving out to customers because of limited stock. Starbucks (SBUX) also apologized to customers for being out of some items, including oat milk.
Taco Bell is owned by Yum Brands (YUM). Its CEO David Gibbs said in an April earnings call that supply chain issues have also been a problem for its sister restaurant KFC, which is struggling to keep up with strong consumer with demand for its new chicken sandwich.
United Airlines Holdings, Inc. Q2 adjusted earnings Beat Estimates
Below are the earnings highlights for United Airlines Holdings, Inc. (UAL):
-Earnings: -$0.43 billion in Q2 vs. -$1.63 billion in the same period last year.
-EPS: -$1.34 in Q2 vs. -$5.79 in the same period last year.
-Excluding items, United Airlines Holdings, Inc. reported adjusted earnings of -$1.26 billion or -$3.91 per share for the period.
-Analysts projected -$4.23 per share
-Revenue: $5.47 billion in Q2 vs. $1.48 billion in the same period last year.
Opinion | The Anti-Vaccine Movement Is Much Bigger Than Facebook
By Farhad Manjoo
Late last week President Biden achieved something I’d thought impossible: He got me to feel bad for Mark Zuckerberg.
CIMIC Group HY Profit Down
Engineering services company CIMIC Group, formerly known as Leighton Holdings Ltd (LEI.AX,LGTHF.PK), reported that its net profit after tax for the six months to 30 June 2021 declined to A$208 million or 66.8 cents per basic share from A$316.6 million or 98.6 cents per basic share in the prior year.
Group revenue for the period decreased to A$7.13 billion from A$7.37 billion in the previous year.
The company declared an interim dividend of 42 cents per share, representing a payout ratio of 62.8% on half year of 2021 result.
The company still expects net profit after tax to be in the range of A$400 million-$430 million for fiscal year 2021.
Softball fans celebrate the sport’s return to the Games after 13 years, but its place is uncertain.
By Alexandra E. Petri
When the first pitch was thrown in a game between Australia and Japan on Wednesday morning, softball fans around the world celebrated the return of their sport to the Olympic stage after a 13-year absence.
South32 Q4 Metallurgical Coal Production Down
Australian mining and metals company South32 Limited (SOUHY.PK,SHTLF.PK) reported that its fourth-quarter production of metallurgical coal decreased to 1.34 million tonnes, from 1.52 million tonnes in the same quarter last year.
Quarterly Alumina production rose to 1.43 million tonnes from 1.36 million tonnes in the previous year.
Aluminum production grew to 246 thousand tonnes from 245 thousand tonnes last year.
The company said it will recognize a pre-tax, non-cash impairment charge for Illawarra metallurgical Coal of US$728 million in its fiscal year 2021 results.
Innoveix Pharma Recalls All Sterile Compounded Drug Products
Innoveix Pharmaceuticals, Inc. is recalling certain sterile compounded drug products, within expiry, citing a lack of assurance of sterility, the U.S. Food and Drug Administration said.
The affected products are injectable Semorelin / Ipamorelin 3mg and injectable AOD-9604 3mg. The products can be used for various indications as prescribed.
Semorelin / Ipamorelin 3mg recall includes Lot# SIP210 with Exp: 12/15/2021; Lot# SIP215 with Exp: 01/14/2022; and Lot# SIP220 with Exp: 01/23/2022.
Further, AOD-9604 3mg recall includes Lot# AOD205 with Exp: 11/09/2021; Lot# AOD210 with Exp: 11/18/2021; Lot# AOD 215 with Exp: 12/15/2021; and Lot# AOD202 with Exp: 11/09/2021.
The affected products can be identified by an Innoveix Pharma label. They were distributed in glass vials contained in a small 3 inch by 3 inch white box. Products were distributed across the United States to both customers and/or medical facilities.
The recall was initiated after concerns arose following a routine inspection of the pharmacy by FDA.
According to the agency, administration of a drug product intended to be sterile, that is not sterile, could result in serious infections which may be life-threatening.
However, the company has not received any reports of adverse events related to this recall to date.
Customers who have received sterile compounded products subject to the recall are urged to return the product to the pharmacy for a full refund.