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Instacart’s IPO surges as the grocery delivery company goes from the supermarket to the stock market

Published Mon, 24 Feb 2025 04:26:35 GMT

Instacart delivered in its stock market debut.The grocery delivery company’s shares __ priced at $30 per share ahead of the IPO __ hit a peak of $42.95 Tuesday in the first few minutes of trading on the Nasdaq stock exchange. They finished the day up 12.3% at $33.70, giving the company a market value of more than $11 billion.At Instacart’s San Francisco headquarters, CEO Fidji Simo and other executives celebrated the IPO by ringing a bell shaped like the company’s carrot logo. Around 1,000 employees attended, the company said. Instacart’s shares are trading under the ticker symbol “CART.” The IPO is a long-awaited step for Instacart, which was founded in 2012. The company filed privately for an IPO in May 2022 but delayed those plans last fall when the markets were roiling due to recession fears. There were just 71 IPOs in the U.S. last year, the lowest number since 2009, according to Renaissance Capital.But a resurgent market is seeing more IPO activity this year....

After 12 years without an execution, South Carolina says it has secured drugs to resume lethal injections

Published Mon, 24 Feb 2025 04:26:35 GMT

COLUMBIA, S.C. (AP) — After 12 years without an execution, South Carolina says it has secured drugs to resume lethal injections.Source

Panthers linebacker Shaq Thompson expected to miss remainder of season with broken right leg

Published Mon, 24 Feb 2025 04:26:35 GMT

CHARLOTTE, N.C. (AP) — Carolina Panthers linebacker Shaq Thompson has a broken right leg and is expected to miss the remainder of the season, according to coach Frank Reich.Thompson underwent surgery on Tuesday to fix a fractured fibula he sustained in the first quarter of Carolina’s 20-17 loss to the New Orleans Saints on Monday night. He has been placed on injured reserve.Reich said it’s hard to put into words how much Thompson brings to the team, calling him a team player and “a warrior, a guy who knows how to practice.” Thompson has four 100-tackle seasons in nine years with the Panthers and is considered the team’s emotional leader on defense.Reich would not say who’ll replace Thompson in the starting lineup for Sunday’s game at Seattle.The news is a blow for the Panthers’ defense, which lost starting cornerback Jaycee Horn to a hamstring injury last week. Horn is expected to miss at least six weeks.“These injuries hurt, but the train has got to keep going,” Reich s...

Explosion in Union Pacific’s massive railyard in Nebraska appears accidental, investigators say

Published Mon, 24 Feb 2025 04:26:35 GMT

OMAHA, Neb. (AP) — Investigators say the blast that prompted evacuations near Union Pacific’s massive railyard in western Nebraska last week appears to be accidental, but it’s not yet clear what caused it.The Nebraska State Fire Marshal’s office is working with the railroad and experts from the Federal Railroad Administration to determine what caused a stationary container carrying perchloric acid that can be used to make explosives as well as a variety of food and drug products to explode last Thursday in North Platte.The chief investigator for the fire marshal’s office, Adam Matzner, said Tuesday that investigators haven’t found any sign of a criminal act connected with the explosion, so the incident appears accidental. But the investigation is ongoing.A spokesman for the Federal Railroad Administration said Tuesday that he couldn’t provide any additional details about the agency’s investigation.Union Pacific spokeswoman Kristen South said the railroad is coopera...

Montgomery Co. latest to consider increasing tipped minimum wage

Published Mon, 24 Feb 2025 04:26:35 GMT

At a news conference shortly after introducing Bill 3523, Council members Will Jawando called the action an "enormous step forward" for the nearly 15,000 tipped workers in Montgomery County, Maryland. (WTOP/Scott Gelman) At a news conference shortly after introducing Bill 3523, Council members Will Jawando called the action an "enormous step forward" for the nearly 15,000 tipped workers in Montgomery County, Maryland. (WTOP/Scott Gelman) Tipped workers, such as restaurant servers, would see their hourly pay increase under a bill now under consideration by the Montgomery County Council in Maryland.On Tuesday, Council members Will Jawando and Kristin Mink co-sponsored legislation to increase the tipped minimum wage ...

Driver accused of trying to hit parkgoers in Boulder

Published Mon, 24 Feb 2025 04:26:35 GMT

DENVER (KDVR) -- Boulder police said they arrested a man who they say tried to run over people at Central Park.According to a tweet from BPD, the suspect drove through the park several times and tried to run over several people. FOX31 Newsletters: Sign up to get breaking news sent to your inbox "The driver narrowly missed hitting multiple people who ran to get away," BPD said.The park had to be closed due to damage BPD said was caused by the driver.Boulder Police Chief Maris Herold and the Boulder Parks and Rec Director Ali Rhodes will be holding a news conference about what happened Tuesday afternoon at 4:30.

What to know before seeing fall colors at Colorado parks

Published Mon, 24 Feb 2025 04:26:35 GMT

DENVER (KDVR) -- Leaves are starting to change to fall colors in what arborists expect to be a more vibrant-than-average foliage season in Colorado.Colorado has some of the best places in the country for fall colors. Whether you plan to go leaf-peeping via train tour, visit a state park, drive to a mountain town or take a hike, Colorado Parks and Wildlife has tips for enjoying the fall colors while protecting natural resources Colorado fall colors forecast 2023: When and where to see peak colors “We want everyone to have a great time experiencing the vibrant colors and the natural wonders our beautiful state has to offer,” Todd Farrow, Golden Gate Canyon State Park manager said. “No matter where you plan to explore this fall, please respect our natural resources, park staff, volunteers and fellow recreationists out searching for Colorado gold.” Here are some of the tips to know before you go leaf-peeping this fall.ParkingColorado state parks, forests and trails are especially...

Payton growing frustrated with Wilson but knows fixing Broncos starts with him

Published Mon, 24 Feb 2025 04:26:35 GMT

DENVER (AP) — Jerry Rosburg isn't walking through that door to save the Denver Broncos head coach from himself like he did a year ago.When the Broncos jumped out to a 21-3 lead against Washington on Sunday, it seemed the safest of bets that coach Sean Payton would improve to 73-0, including playoffs, when his teams held a lead of 18 points or more.Russell Wilson's teams in Seattle had never blown that big of a lead.Denver's defense had sacked Sam Howell three times, rookie speedsters Marvin Mims Jr. and Jaleel McLaughlin had scored their first NFL touchdowns and second-year speedster Brandon Johnson had caught Wilson's third TD throw. Can the Broncos bounce back after 2 consecutive losses? When the Commanders went three-and-out on their next drive, Mims returned the punt 45 yards to the Washington 40-yard line with 7:57 left before halftime.The rout was on.After burning his final timeout with 6:46 left in the first half, however, Wilson coughed up the ball at midfield and the Comm...

Denver weather: Dry stretch of days with continued warm temperatures

Published Mon, 24 Feb 2025 04:26:35 GMT

​​​​​DENVER (KDVR) — Temperatures warmed back into the 80s in Denver weather Tuesday before clouds arrived to provide some late-day shade. The next several days will include slightly above normal temperatures, according to Pinpoint Weather, Colorado’s Most Accurate Forecast.Metro Denver forecast highs on Wednesday, Sept. 20.Weather tonight: Few evening showers and thunderstormsA few scattered showers and thunderstorms will drift across Denver and the Front Range through the evening hours Tuesday, fading after sunset. Skies will slowly clear across the state during the overnight hours. It will turn cold in the Colorado mountains with lows dipping into the 30s in most places. It'll be pleasantly cool and comfortable in metro Denver with overnight readings in the 40s and 50s.Overnight lows by Wednesday morning across Colorado on Sept. 20.Weather tomorrow: Another warm dayWednesday will start off sunny followed by some late-day passing clouds. The air will be drier, so there w...

Police search for missing 85-year-old man in Miami

Published Mon, 24 Feb 2025 04:26:35 GMT

Police are asking the public to be on the lookout for a missing 85-year-old man.Carlos Lagos was last seen Monday afternoon around Northeast 154th Terrace in Miami. He was last seen dressed in all navy with a white shirt.Lagos stands at 5 feet, 8 inches tall and weighs 150-pounds.According to police, he may need assistance.If you have any information on Lagos’ whereabouts, you are urged to call CrimeStoppers at 305-471-TIPS.