Latest news with #ex-Amazon
UPI
25-06-2025
- UPI
British man found guilty of 2024 samurai sword killing of 14-year-old boy
A man accused of killing a 14-year-old boy last year with a samurai sword in Britain was convicted Wednesday at trial at Britain's central court, the so-called "Old Bailey" (pictured in 2023). File Photo by Mark Thomas/EPA-EFE June 25 (UPI) -- A London man accused of killing a 14-year-old boy last year with a samurai sword in Britain was convicted Wednesday of multiple crimes. Marcus Arduini Monzo, a 37-year-old man of dual Spanish-Brazilian nationality from Newham in east London, admitted to two charges of possession of an offense weapon. He claimed it was just to display. He also claimed no memory of last year's brutal April 30 attacks and denied the murder count in addition to other charges. In court, the ex-Amazon delivery driver remained stoic as the verdict was read about the seven charges. The "horrific events" last year in Hainault sent "shockwaves through our community and had a devastating and lasting impact on so many," Chief Superintendent Stuart Bell, who leads policing where the incident transpired, said Wednesday outside the court in Old Bailey, the British central court. Monzo originally was charged with murder and two counts of attempted murder, two counts of causing grievous bodily harm, aggravated burglary and possession of a bladed article in the attack that killed 14-year-old Daniel Anjorin and seriously injured four other people, including two police officers. Last year in May, he was charged and made his initial court appearance in front of Chief Magistrate Paul Goldspring. British prosecutors say Monzo had skinned and deboned his pet cat prior to trying to "kill as many people as he could." Prosecutors also tried to convince jurors that Monzo acted while allegedly under the influence of cannabis, which led to a psychotic episode. "This has been an incredibly complex investigation and our detectives have been meticulous, compassionate and professional throughout," Bell, the chief superintendent, added. He likely suffered a psychotic disorder with "schizophrenic-like symptoms" that included "delusional beliefs" that he and his family were in "mortal danger." However, Monzo said he previously used psychedelic drugs and smoked cannabis "three or four times a week" but denied doing so the day of the deadly attack. According to reports, Monzo was a 'flat-Earther' and conspiracy theorist, as well as an enthusiast of Elon Musk and his work. He was cleared of one attempted murder count but found guilty of all other charges at his trial in Old Bailey. Five victims required medical attention after the attack, including Anjorin, who died shortly after arriving at a medical facility after Marzo's 20-minute rampage. According to prosecutors, Monzo crashed a van into a fence in Laing Close and hit a person before getting out of the vehicle, saying he would kill the man and slash his neck with a samurai sword. Monzo later told police that he had "many personalities," which he said included a "professional assassin." He then broke into the bedroom of a nearby home and attacked a man in bed, along with his family that included a 4-year-old child, according to authorities. Monzo demanded to know if the victims believed in God, according to officials. He then proceeded to attack Anjorin, who was walking to school after 7 a.m. local time. Marzo hid behind a bush, then emerged when officers tried to help the boy, but attacked them. That left a female officer with "horrifically serious" wounds to her arm. Monzo is expected to face a life term in prison when he returns Friday to court for sentencing.
Yahoo
10-06-2025
- Business
- Yahoo
Threecolts Announces Appointment of Tanya Andreev Kaspin as Chief Financial Officer
Former Innovid CFO Brings Public Company Leadership Experience to Fast-Growing Commerce Software Platform NEW YORK, June 10, 2025 /PRNewswire/ -- Threecolts, a leading software platform to optimize operations for online sellers, brands, and retailers, today announced the appointment of Tanya Andreev Kaspin as Chief Financial Officer. Tanya brings extensive public company leadership experience to Threecolts, having previously served as CFO of Innovid, which she successfully guided through its public listing. This key executive appointment follows Threecolts' successful launch of its bundled solutions strategy in February 2025, which has contributed to the company's strong performance in the ecommerce software sector. At Innovid, Andreev Kaspin played a crucial role in the company's successful public listing and subsequent financial performance. Her expertise in capital markets, financial operations, and strategic planning adds significant strength to Threecolts' executive leadership. "I'm excited to join Threecolts at such a transformative moment," said Andreev Kaspin. "The company's impressive track record and growth opportunities demonstrate both the resilience of its business model and the effectiveness of its strategic vision. I look forward to working with Yoda and the entire team to execute Threecolts' vision of building the next generation ecommerce operating platform and delivering exceptional value to our customers, partners, and investors." "We are thrilled to welcome Tanya to our leadership team," said Yoda Yee, Founder and CEO of Threecolts. "Her exceptional track record in capital markets will be invaluable as we consider strategic opportunities ahead, including potential public market entry. Her expertise significantly strengthens our ability to scale Threecolts to its full potential." Andreev Kaspin joins a seasoned executive team that includes Yoda Yee (Founder & CEO, ex-Amazon), Dan Blumenfeld (three prior exits including an IPO and acquisitions by Google and Intuit), Mike Dash (two prior exits), and Matt Ryan (sales leader who led Yotpo's growth to over $100M ARR). About Threecolts Founded in 2021, Threecolts provides comprehensive business solutions for online sellers, brands, and retailers. The company has acquired 23 businesses to build an integrated suite now bundled into three core offerings: Seller 365, Margin Pro, and Multichannel Pro. Serving over 20,000 paying customers, Threecolts has raised approximately $200 million in funding and employs over 500 people globally. The company is well positioned to continue its growth momentum and has demonstrated resilience despite a backdrop of global macroeconomic uncertainty. For more information, visit Contact:Media Relationspress@ Forward-Looking Statements: This press release contains forward-looking statements about Threecolts' financial performance and growth trajectory. These statements are based on current expectations and projections about future events and involve risks and uncertainties. Actual results may differ materially from those indicated in the forward-looking statements. Factors that could cause actual results to differ include changes in market conditions, competitive landscape, regulatory environment, and other risks detailed in company documents. Threecolts undertakes no obligation to update any forward-looking statements. Photo - - View original content to download multimedia: SOURCE Threecolts Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
10-06-2025
- Business
- Yahoo
Threecolts Announces Appointment of Tanya Andreev Kaspin as Chief Financial Officer
Former Innovid CFO Brings Public Company Leadership Experience to Fast-Growing Commerce Software Platform NEW YORK, June 10, 2025 /PRNewswire/ -- Threecolts, a leading software platform to optimize operations for online sellers, brands, and retailers, today announced the appointment of Tanya Andreev Kaspin as Chief Financial Officer. Tanya brings extensive public company leadership experience to Threecolts, having previously served as CFO of Innovid, which she successfully guided through its public listing. This key executive appointment follows Threecolts' successful launch of its bundled solutions strategy in February 2025, which has contributed to the company's strong performance in the ecommerce software sector. At Innovid, Andreev Kaspin played a crucial role in the company's successful public listing and subsequent financial performance. Her expertise in capital markets, financial operations, and strategic planning adds significant strength to Threecolts' executive leadership. "I'm excited to join Threecolts at such a transformative moment," said Andreev Kaspin. "The company's impressive track record and growth opportunities demonstrate both the resilience of its business model and the effectiveness of its strategic vision. I look forward to working with Yoda and the entire team to execute Threecolts' vision of building the next generation ecommerce operating platform and delivering exceptional value to our customers, partners, and investors." "We are thrilled to welcome Tanya to our leadership team," said Yoda Yee, Founder and CEO of Threecolts. "Her exceptional track record in capital markets will be invaluable as we consider strategic opportunities ahead, including potential public market entry. Her expertise significantly strengthens our ability to scale Threecolts to its full potential." Andreev Kaspin joins a seasoned executive team that includes Yoda Yee (Founder & CEO, ex-Amazon), Dan Blumenfeld (three prior exits including an IPO and acquisitions by Google and Intuit), Mike Dash (two prior exits), and Matt Ryan (sales leader who led Yotpo's growth to over $100M ARR). About Threecolts Founded in 2021, Threecolts provides comprehensive business solutions for online sellers, brands, and retailers. The company has acquired 23 businesses to build an integrated suite now bundled into three core offerings: Seller 365, Margin Pro, and Multichannel Pro. Serving over 20,000 paying customers, Threecolts has raised approximately $200 million in funding and employs over 500 people globally. The company is well positioned to continue its growth momentum and has demonstrated resilience despite a backdrop of global macroeconomic uncertainty. For more information, visit Contact:Media Relationspress@ Forward-Looking Statements: This press release contains forward-looking statements about Threecolts' financial performance and growth trajectory. These statements are based on current expectations and projections about future events and involve risks and uncertainties. Actual results may differ materially from those indicated in the forward-looking statements. Factors that could cause actual results to differ include changes in market conditions, competitive landscape, regulatory environment, and other risks detailed in company documents. Threecolts undertakes no obligation to update any forward-looking statements. Photo - - View original content to download multimedia: SOURCE Threecolts Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
29-05-2025
- Business
- Yahoo
Analyzing the Current Earnings Outlook
Note: The following is an excerpt from this week's Earnings Trends report. You can access the full report that contains detailed historical actual and estimates for the current and following periods, please click here>>> Here are the key points: Total S&P 500 earnings for the June quarter are expected to be up +5.5% from the same period last year on +3.8% higher revenues, with a broader and greater pressure on estimates relative to other recent periods. Q2 earnings estimates for 15 of the 16 Zacks sectors are down since the quarter got underway, with Aerospace as the only sector whose estimates have moved higher. The Tech sector's estimates are down since the start of the period, but they have notably stabilized in recent weeks. The Q1 reporting cycle is now effectively behind us, with results from less than two dozen S&P 500 members still awaited at this stage. The Q1 earnings cycle has ended for 9 of the 16 Zacks sectors. Total Q1 earnings for the 477 S&P 500 members that have reported results are up +11.4% from the same period last year on +4.4% higher revenues, with 74.2% beating EPS estimates and 62.9% beating revenue estimates. An Underwhelming Retail Sector Earnings Performance Total Q1 earnings for the 28 of the 33 Retail sector companies in the S&P 500 index that have reported already are up +11.2% from the same period last year on +5.0% higher revenues, with 60.7% beating EPS estimates and 57.1% beating revenue estimates. Regular users of Zacks Research know that we have a stand-alone economic sector for the Retail sector, unlike the 'official' Standard & Poor's classification that places retailers in the Consumer Discretionary and Consumer Staples sectors. The Zacks Retail sector includes online vendors like Amazon AMZN, restaurant operators like McDonald's MCD, and conventional retailers like Walmart WMT and Target TGT. The comparison charts below show the Q1 EPS and revenue beats percentages for these companies in the context of what we had seen from the same group of 28 Retail sector companies in other recent periods. Image Source: Zacks Investment Research As you can see above, these Retail sector companies have been struggling to beat EPS and revenue estimates. The comparison charts below show this group's earnings and revenue growth rates in a historical context. The right-hand chart shows the group's earnings and revenue growth pace on an ex-Amazon basis. Image Source: Zacks Investment Research As you can see below, the group's +11.2% earnings growth drops to a decline of -5.0% once Amazon's substantial contribution is excluded from the numbers. If we look at Retail sector earnings on an annual basis, the expectation is for +4.1% earnings growth this year, which follows +22.7% growth in 2024. But as we saw with the Q1 earnings results, all of that growth is coming from Amazon, with this year's +4.1% earnings growth dropping to -0.6% and last year's +22.7% dropping to +1.8% once Amazon's contribution is excluded from the sector's numbers. A significant part of the sector's earnings challenge is a result of margin pressures, with the logistics associated with e-commerce sales forcing retailers to spend heavily on fulfillment and deliveries. You can see this in the chart below that shows the sector's net margins on an annual basis. The left-hand side showing the sector as a whole and the right-hand side showing the sector's margins excluding Amazon. Image Source: Zacks Investment Research As you can see above, Retail sector margins outside of Amazon have been on a downtrend since 2021, with this year's margins expected to serve as a bottom and start recovering going forward. Evolving Expectations for 2024 Q2 and Beyond The start of Q2 coincided with heightened tariff uncertainty following the punitive April 2nd tariff announcements. While the onset of the announced levies was eventually delayed for three months, the issue has understandably weighed heavily on estimates for the current and coming quarters. The expectation at present is for Q2 earnings for the S&P 500 index to increase by +5.5% from the same period last year on +3.8% higher revenues. The chart below shows how Q2 earnings growth expectations have evolved since the start of the year. Image Source: Zacks Investment Research While it is not unusual for estimates to be adjusted lower, the magnitude and breadth of Q2 estimate cuts are greater than we have seen in the comparable periods of other recent quarters. Since the start of the quarter, estimates have come down for 15 of the 16 Zacks sectors, with the biggest declines for the Transportation, Autos, Energy, Construction, and Basic Materials sectors. The only sector experiencing favorable revisions in this period is Aerospace. Estimates for the two largest earnings contributors to the index – Tech & Finance – have also declined since the quarter began. Tech sector earnings are expected to be up +11.9% in Q2 on +9.9% higher revenues. While these earnings growth expectations are materially below where they stood at the start of April, the revisions trend appears to have notably stabilized lately, as we have been flagging in recent weeks. You can see this in the sector's revisions trend in the chart below. Image Source: Zacks Investment Research This stabilizing turn in the Tech sector's revisions trend can be seen in expectations for full-year 2025 as well, as the chart below shows. Image Source: Zacks Investment Research The above two charts show that estimates for the Tech sector have stabilized and are no longer under the type of downward pressure that we were experiencing earlier. The Tech sector is much more than just any another sector, as it alone accounts for almost a third of all S&P 500 earnings. The Earnings Big Picture The chart below shows expectations for 2025 Q1 in terms of what was achieved in the preceding four periods and what is currently expected for the next four quarters. Image Source: Zacks Investment Research The chart below shows the overall earnings picture for the S&P 500 index on an annual basis. Image Source: Zacks Investment Research While estimates for this year have been under pressure lately, there haven't been a lot of changes to estimates for the next two years at this stage. Stocks have recouped their tariff-centric losses, although the issue has only been deferred for now. While some of the more dire economic projections have eased lately, there is still plenty of macro uncertainty that will likely continue to weigh on earnings estimates in the days ahead, particularly as we gain visibility on the tariffs question. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Inc. (AMZN) : Free Stock Analysis Report Target Corporation (TGT) : Free Stock Analysis Report Walmart Inc. (WMT) : Free Stock Analysis Report McDonald's Corporation (MCD) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Sign in to access your portfolio
Miami Herald
26-04-2025
- Automotive
- Miami Herald
Hundreds of EV Jobs for Indiana? Slate Auto Eyes Former Printing Plant
Slate Auto is the newest automaker on the scene, with strong support from Jeff Bezos and a few other ex-Amazon executives being just a few of its noteworthy attributes. Slate has been rightfully making headlines for its highly customizable $27,500 EV that plays double duty as a transformer, able to be easily turned from a truck into an SUV or a fastback SUV body style. Better yet, not only will that base MSRP drop to around $20,000 after the federal EV tax credit, but the automaker plans to produce its vehicles in the U.S. The EV startup is close to leasing a former printing plant in Warsaw, Indiana, that was home to R.R. Donnelley until around two years ago. Slate has not disclosed the sum they're paying for the 1.4 million-square-foot facility, but Indiana economic development officials told News Now! Warsaw earlier this year that the factory could employ up to 2,000 people and that the company was offered an incentive package by the county. Slate was not mentioned in any of these discussions, but a report from TechCrunch shows that aerial photos shown by the automaker earlier on Thursday match a public listing for the factory. Even before this, Slate Auto was based out of "Re:Build Manufacturing," a company focused on "rekindling American industry." It seems that patriotism and a dedication to local manufacturing are key points in Slate's mission. "Our truck will be made here in the USA as part of our commitment to re-industrializing America," Slate's CEO, Chris Barman, said onstage while the factory photo was displayed behind her. It might seem insane to think that a locally made automobile can retail for $20,000 after the EV incentives, but there are two key factors contributing to that figure. The first is the simplistic nature of the Slate. One look at its configurator will show you just how barebones you can order this thing. Not to mention that any colors or designs you want are offered as wraps, rather than paint, saving both the customer and Slate oodles of cash. The second, of course, is the healthy dose of funding the company has received. Between Jeff Bezos, Guggenheim Partners CEO Mark Walter, and powerhouse VC firm General Catalyst, Slate Auto has raised well over $100 million to date. If the excited customers speak with their wallets as well, we could not only see the introduction of one of the cheapest EVs around, but also a strong injection of capital into American manufacturing and the creation of hundreds of jobs. It's safe to say that something of this magnitude is not often seen in the automotive industry, and we can only hope it's as successful as it seems it will be. Copyright 2025 The Arena Group, Inc. All Rights Reserved.
