News That Matters

Tag: square

Square earnings beat on top an bottom line, but miss on guidance

Square earnings beat on top an bottom line, but miss on guidance

Finance
Payment company Square reported quarterly earnings and revenue that beat analysts' expectations on Wednesday but came up slightly short on forward guidance. Here's how the company did compared with what Wall Street expected: Earnings: 13 cents per share vs. 11 cents per share, forecast by Refinitiv.Revenue: $ 431 million vs. $ 413.9 million, forecast by Refinitiv. Adjusted revenue grew 68 percent year over year. The company reported its first quarterly profit of $ 20 million, compared to a net loss of $ 16 million in the third quarter of last year. Square's chief financ...
Driver plows through Chinese square, at least 9 killed

Driver plows through Chinese square, at least 9 killed

World
Sept. 12 (UPI) -- A man drove his car through a busy public square in China's Hunan province on Wednesday, killing at least nine people and injuring dozens more. As many as 43 people were injured when a red SUV suddenly plowed through crowds of people in Binjiang square in the city of Hengyang at 7:40 p.m. local time, The South China Morning Post reported. A 54-year-old male suspect was arrested at the scene and police are investigating the incident. Police said the suspect, Yang Zanyun, had a criminal record and served time in prison for arson and drugs related offenses, the BBC reported. A local government statement declared the incident a "deliberate, malicious case of driving with intent to injure," although it wasn't immediately clear if it was terror-releated. Let's block a...
Raptors, Pistons square off looking to snap skids

Raptors, Pistons square off looking to snap skids

Sports
The Toronto Raptors and the Detroit Pistons have each lost two games in a row and have dropped three of their past four. That is about as far as the similarities go between the teams, who play Wednesday night at the Air Canada Centre in the first of four meetings this season. The Raptors (29-13) have yet to lose three games in a row this season and have dropped two in a row four times. They are 15-3 at home. The Pistons (22-20) have lost as many as seven in a row this season and have dropped six of their past nine. They are 9-14 on the road. The Raptors have fallen behind early in their two most recent losses. They trailed the Golden State Warriors by 27 points before losing 127-125 at the ACC on Saturday and were down by 21 points to the 76ers in a 117-111 loss at Philadelphia on Monday a...
Hurricanes drive addiction issues into public square

Hurricanes drive addiction issues into public square

Health
In the whirr of preparations for Hurricane Irma, a needle exchange program in Miami's Overtown neighborhood handed out extra syringes to heroin users. Others trying to break from the drug's grasp picked up advance medication from methadone clinics. Disasters cause stress, and stress can cause relapse for people struggling with addiction, whether their problem is alcohol, tobacco, pills or heroin. Authorities planning for the devastating effects of hurricanes now factor in the heightened danger of relapse and overdose. The problems of alcoholism and addiction become more public in a storm, said researcher Andrew Golub of the National Development and Research Institutes in New York, who studied illicit drug users in New Orleans after Hurricane Katrina. "During a storm, it becomes harder to ...