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ReutersCarMax sales rise for first time in two years as used car demand revs up
(Reuters) -CarMax on Thursday posted its first quarterly sales increase in more than two years that also topped Street expectations, signaling a rebound in the used-car market and sending the retailer's shares up as much as 12%. "If you look at our under $20,000 vehicles, we've done a great job bumping that number up year-over-year," CarMax CEO Bill Nash said on a post-earnings call. About 30% of CarMax's sales in the quarter were from vehicles costing less than $20,000, including the Toyota RAV4 and some variants of the Ford Mustang.
- Reuters
Putin says Russia is ready to compromise with Trump on Ukraine war
MOSCOW (Reuters) -Russian President Vladimir Putin said on Thursday that he was ready to compromise over Ukraine in possible talks with U.S. President-elect Donald Trump on ending the war and had no conditions for starting talks with the Ukrainian authorities. Trump, a self-styled master of brokering agreements and author of the 1987 book "Trump: the Art of the Deal", has vowed to swiftly end the conflict, but has not yet given any details on how he might achieve that. Putin, fielding questions on state TV during his annual question and answer session with Russians, told a reporter for a U.S. news channel that he was ready to meet Trump, whom he said he had not spoken to for years.
- Yahoo Finance
Stock market today: Dow, S&P 500, Nasdaq bounce back from Fed-fueled rout
Stocks are looking to bounce back from their worst day since the summer.
- Investor's Business Daily
CarMax Earnings Accelerate Sharply As Sales Return To Growth
Used-car seller CarMax, in the midst of a turnaround attempt, smashed earnings estimates as revenue unexpectedly rose.
- People
Fatal Victim of Maryland Mass Shooting ID'd: Was Violence Related to Teen's Homicide Days Before?
“We do not believe this was a random act of violence,” Baltimore County Police Chief Robert McCullough said at a press conference on Dec. 18
- Investor's Business Daily
Accenture Tops Quarterly Targets But Lowers Earnings Outlook
Accenture beat Wall Street's targets for its fiscal first quarter but cut its earnings outlook for the full year ahead.
- Associated Press Finance
Blinken is avoiding Ukraine and the Middle East at a divided UN Security Council
Antony Blinken pointed to the promise and pitfalls of artificial intelligence in a likely final trip to the United Nations as secretary of state, capping his engagements with the world body after a tumultuous four years that saw war return to Europe and multiple crises in the Middle East. With the U.N. Security Council more divided than ever, Blinken is leading two meetings of the U.N.’s most powerful body on Thursday.
- The Canadian Press
Advocates train immigrants to 'prepare to stay' in the US under Trump
LOS ANGELES (AP) — Winston Leiva rattles off a long list of things immigrants should do to protect themselves against President-elect Donald Trump's promise to conduct mass deportations when he returns to the White House.
- USA TODAY
'Real Housewives of Potomac' star Karen Huger found guilty of DUI
Reality star Karen Huger has been found guilty of driving under the influence following a March car accident.
- USA TODAY
'We have the same struggle': French court convicts Gisele Pelicot's ex-husband, 50 others in mass rape case
Dominique Pelicot, the ex-husband of Gisele Pelicot, was found guilty of aggravated rape. He drugged his wife and recruited other men to rape her.
- USA TODAY
Will there be a government shutdown? Live updates on the latest from Congress
With a looming Friday deadline, lawmakers are working last minute to dodge a shutdown and keep government operations running through the holidays.
- The Guardian
Inflation fears trump growth concerns among Bank of England’s MPC members
The monetary policy committee voted six to three to hold interest rates steady despite consumers’ reticence to spend
- The Independent
Julian Lennon treated for cancer for second time: ‘Fingers crossed’
Musician urged his followers to get themselves checked by a doctor if they were concerned
- PA Media: UK News
Computer scientist behind false Bitcoin founder claim sentenced for contempt
Dr Craig Wright was given a suspended sentence after being found to have committed a ‘flagrant’ breach of a High Court order.
- Reuters
American Airlines settles race discrimination lawsuit by Black men removed from flight
American Airlines has agreed to settle a race discrimination lawsuit by three Black men who were temporarily removed from a flight at the insistence of white flight attendants, according to a court filing on Thursday. The terms of the agreement were not disclosed, but lawyers for the men said the settlement includes "a commitment by American to take action to prevent discrimination in the future." The plaintiffs had claimed that they and five other Black men were removed from a New York-bound flight out of Phoenix, Arizona, in January for about an hour after white flight attendants complained about a passenger with offensive body odor, in a lawsuit filed in Brooklyn federal court in May.
- Reuters
US Congress has two days to avert shutdown after Trump rejects spending bill
WASHINGTON (Reuters) -The U.S. Congress has two days as of Thursday to avert a partial government shutdown after President-elect Donald Trump rejected a bipartisan deal on federal spending and demanded lawmakers address the nation's debt ceiling before he takes office next month. Trump told his fellow Republicans in Congress to reject a stopgap bill that would keep the government funded past the deadline of midnight on Friday (0500 GMT Saturday), saying that any of them who voted for the bipartisan bill should face primary challenges from within their own party in the 2026 midterm elections.
- People
Luigi Mangione Will Face Federal Charges in Connection with Brian Thompson's Death: Source
The accused murderer waived an extradition hearing in Pennsylvania and is now in the custody of the NYPD
- The Independent
Reality star and escort found dead in pond as police arrest active duty Marine in connection with her murder
The suspect allegedly spent the night with the victim ‘at the Sweet Dreams Inn’ in Pensacola before she dissapeared
- GuruFocus.com
Apple's AI Talks in China Deal Blow to Baidu Shares, Dips 4%
Apple Turns to Tencent, ByteDance for AI, Shaking Up Baidu's Prospects
- The Canadian Press
Paul Pogba’s brother found guilty in extortion plot targeting the former France star
PARIS (AP) — A brother of World Cup winner Paul Pogba was sentenced to three years in prison — two of which are suspended — by a Paris criminal court Thursday in an extortion and kidnapping case.