New laws in Virginia, Maryland and D.C. range from seat belts to taxes
Just across the Potomac, the District will boost its minimum wage and Maryland will hike an array of taxes and fees, launch a teacher-recruitment program and a suicide hotline, and help unemployed parents who owe child support find jobs.
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12 minutes ago
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McDonald's is adding a Spicy McMuffin to its breakfast lineup
You can find original article here Nrn. Subscribe to our free daily Nrn newsletter. McDonald's 50th anniversary celebration of its signature Egg McMuffin continues with the introduction of a Spicy McMuffin, available starting July 8 at participating restaurants for a limited time. The offering includes melted cheese, an egg, Canadian bacon, and Spicy Pepper Sauce served on a toasted and buttered English Muffin. The summer lineup also includes the Spicy Sausage McMuffin and the Spicy Sausage McMuffin with Egg. According to the company, the popular Egg McMuffin was created by Herb Peterson, a franchisee in Santa Barbara, Calif., who presented the concept to founder Ray Croc in 1971. The idea was to create a portable Eggs Benedict. Breakfast is a priority for McDonald's value platform, as its McValue menu, introduced in January, includes items like the Sausage McMuffin, Sausage Biscuit, Sausage Burrito, and Hash Browns, available for a "Buy One, Add One for $1" deal. During the company's fourth quarter earnings call earlier this year, chief financial officer Ian Borden said breakfast has been a strong daypart for the domestic business. 'It's an area where we're taking share,' he said. During the first quarter earnings call in late April, however, chief executive officer Chris Kempczinski said there has been a decline in frequency during the 'bellwether' breakfast daypart. 'Morning now is a place that you're seeing people are choosing either to skip breakfast or they're choosing to eat at home for breakfast. And I think that's more to explain what's going on in the U.S. versus any kind of segment shift,' he said. The Spicy McMuffin comes on the heels of two other menu launches for McDonald's, a new Blueberry & Crème Pie and a new premium burger called the Daily Double. These launches come as the chain has experienced two rare and consecutive quarters of same-store sales declines and traffic softness. Contact Alicia Kelso at Sign in to access your portfolio
Yahoo
13 minutes ago
- Yahoo
Elevance Health Insiders Sold US$6.9m Of Shares Suggesting Hesitancy
Over the past year, many Elevance Health, Inc. (NYSE:ELV) insiders sold a significant stake in the company which may have piqued investors' interest. When evaluating insider transactions, knowing whether insiders are buying is usually more beneficial than knowing whether they are selling, as the latter can be open to many interpretations. However, if numerous insiders are selling, shareholders should investigate more. While insider transactions are not the most important thing when it comes to long-term investing, we would consider it foolish to ignore insider transactions altogether. Trump has pledged to "unleash" American oil and gas and these 15 US stocks have developments that are poised to benefit. In the last twelve months, the biggest single sale by an insider was when the Executive VP & President of Commercial Health Benefits, Charles Kendrick, sold US$3.2m worth of shares at a price of US$432 per share. That means that an insider was selling shares at around the current price of US$396. While insider selling is a negative, to us, it is more negative if the shares are sold at a lower price. Given that the sale took place at around current prices, it makes us a little cautious but is hardly a major concern. Elevance Health insiders didn't buy any shares over the last year. The chart below shows insider transactions (by companies and individuals) over the last year. If you want to know exactly who sold, for how much, and when, simply click on the graph below! View our latest analysis for Elevance Health If you like to buy stocks that insiders are buying, rather than selling, then you might just love this free list of companies. (Hint: Most of them are flying under the radar). Over the last three months, we've seen significant insider selling at Elevance Health. Specifically, Executive VP & CFO Mark Kaye ditched US$1.9m worth of shares in that time, and we didn't record any purchases whatsoever. In light of this it's hard to argue that all the insiders think that the shares are a bargain. For a common shareholder, it is worth checking how many shares are held by company insiders. A high insider ownership often makes company leadership more mindful of shareholder interests. Elevance Health insiders own 0.1% of the company, currently worth about US$103m based on the recent share price. This kind of significant ownership by insiders does generally increase the chance that the company is run in the interest of all shareholders. An insider hasn't bought Elevance Health stock in the last three months, but there was some selling. And there weren't any purchases to give us comfort, over the last year. The company boasts high insider ownership, but we're a little hesitant, given the history of share sales. So while it's helpful to know what insiders are doing in terms of buying or selling, it's also helpful to know the risks that a particular company is facing. To assist with this, we've discovered 1 warning sign that you should run your eye over to get a better picture of Elevance Health. But note: Elevance Health may not be the best stock to buy. So take a peek at this free list of interesting companies with high ROE and low debt. For the purposes of this article, insiders are those individuals who report their transactions to the relevant regulatory body. We currently account for open market transactions and private dispositions of direct interests only, but not derivative transactions or indirect interests. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Yahoo
15 minutes ago
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Thune says Senate Republicans have a deal to pass Trump megabill
Senate Majority Leader John Thune (R-S.D.) told reporters Tuesday morning that he thinks he has a deal with Sen. Lisa Murkowski (R-Alaska) to pass President Trump's tax and spending megabill — but also cautioned he's a 'realist,' indicating he's not counting anything as finished until the final vote is cast. Asked if he had a deal as he walked from the Senate floor to his office, Thune replied, 'I believe we do.' 'But, like I said, I'm of Scandinavian heritage, so I'm always a bit of a realist. We'll see what happens,' he said. Live updates: After 24-hour debate, Thune ready for megabill vote; Trump heads to 'Alligator Alcatraz' Thune's body language appeared significantly more relaxed after he and Murkowski reviewed a sheet of legislative text on the Senate floor while Senate Finance Committee Chair Mike Crapo (R-Idaho) and Budget Committee Chair Lindsey Graham (R-S.C.) hovered nearby. Thune was spotted alongside Murkowski poring over the document at a desk near the back wall of the Senate chamber shortly after 8 a.m. EDT Tuesday. A person familiar with the floor conversations said the Senate parliamentarian had approved revised language to soften the impact of Medicaid cuts and food assistance cuts on Alaska. Robert Duncan, the secretary of the Republican majority, and Gary Myrick, the secretary of the Democratic conference, were spotted in a discussion with the parliamentarian at the Senate dais a short time later. The deal with Murkowski breaks a deadlock that lasted throughout Monday night and into Tuesday morning. Thune, Crapo and Senate Agriculture, Nutrition and Forestry Committee Chair John Boozman (R-Ark.) thought they had secured Murkowski's vote by crafting language to provide an enhanced federal Medicaid match for Alaska and a waiver to shield the state from Supplemental Nutrition Assistance Program (SNAP) cuts. But Senate Parliamentarian Elizabeth MacDonough threw a wrench into those plans by ruling the initial Medicaid and SNAP provisions designed to help Alaska didn't comply with the Byrd Rule and therefore weren't eligible to pass the Senate with a simple-majority vote. Republican leadership and committee staff then spent hours Monday and early Tuesday morning to craft language that could secure the approval of both Murkowski and the parliamentarian. The situation looked dire for Thune and other Republicans only a few hours earlier. Murkowski appeared to resist the entreaties of Crapo and Senate Republican Whip John Barrasso (R-Wyo.) on the floor around 3:30 a.m. before she walked into Thune's office for a meeting. When Thune and Murkowski emerged from the majority leader's office to walk back to the floor, a reporter asked Thune if he would have to pull the bill. 'Those are options I don't want to have to worry about,' Thune told reporters. Even shortly before 8 a.m. Tuesday, Thune wasn't completely sure he had Murkowski's support. A person familiar with the leadership's deliberations said Thune was planning to move forward with a vote to see for sure where Murkowski stood on the legislation after hours of haggling over Alaska-related provisions. The Senate started its marathon series of procedural and amendment votes related to the bill shortly after 9:30 a.m. Monday. Thune put the Senate chamber into an extended quorum call around 7:30 a.m. Tuesday to give senators a rest and GOP leadership staff and Finance Committee's staff more time to put the finishing touches on the deal with Murkowski and the final legislative text of the Senate bill. Thune can afford to lose three Republican votes and still pass the bill, with Vice President Vance casting a tiebreaking vote. Vance arrived at the Capitol as the sun rose. Updated at 11:29 a.m. EDT Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
