Accenture: Fiscal Q1 Earnings Snapshot – mySA

DUBLIN (AP) _ Accenture PLC (ACN) on Friday reported fiscal first-quarter net income of $1.97 billion. On a per-share basis, the Dublin-based company said it had profit of $3.08. The results surpassed Wall Street expectations. The average estimate of 11 analysts surveyed by Zacks Investment Research was for earnings of $2.91 per share. The consulting … Read more

US puts 3 dozen more Chinese companies on trade blacklist – mySA

BANGKOK (AP) — The U.S. Department of Commerce is adding 36 Chinese high-tech companies, including makers of aviation equipment, chemicals and computer chips, to an export controls blacklist, citing concerns over national security, U.S. interests and human rights. The inclusion of the companies in the trade “Entity List” means that export licenses will likely be … Read more

4 in critical condition after crush at London concert venue

LONDON – Four people were hospitalized in critical condition on Friday after hundreds of people forced their way into a London concert venue during a performance by Nigerian Afrobeats star Asake. Police said eight people were taken to hospitals after being caught in a crowd of people trying to get into the O2 Brixton Academy. … Read more

US recession a growing fear as Fed plans to keep rates high – mySA

WASHINGTON (AP) — After scaling 40-year highs, inflation in the United States has been slowly easing since summer. Yet the Federal Reserve seems decidedly unimpressed — and unconvinced that its fight against accelerating prices is anywhere near over. On Thursday, stock markets buckled on the growing realization that the Fed may be willing to let … Read more

Houston Rockets lose to Miami Heat, 111-108

Kevin Porter Jr. missed a 3 in the closing seconds that would have tied it. HOUSTON — Tyler Herro matched the Miami record with 10 3-pointers and scored a career-high 40 points to help the Heat beat the Houston Rockets 111-108 on Thursday night. A night after making nine 3-pointers and scoring 35 points in … Read more