Latest news with #EBR
Yahoo
22-05-2025
- Business
- Yahoo
Funding issues delay City of St. George school district creation bill
BATON ROUGE, La. (Louisiana First) — Plans to create a new school district for the City of St. George were delayed after the East Baton Rouge Parish School System (EBRPSS) raised objections, prompting lawmakers to defer the bill. Senate Bills 25 and 234, authored by Sen. Rick Edmonds and Rep. Emily Chenevert, seek to allow St. George to break away and form its own school district. The board said it doesn't oppose voters having a say. However, members worry that the current bills would put 'unfair burdens' on the school system. At the heart of the board's opposition is a $360 million unfunded liability for retiree health and life insurance benefits. The resolution states that SB 234 doesn't clearly explain how to manage this debt if the new district forms. This leaves EBRPSS with all the financial responsibility. The resolution also criticizes a part of SB 234. This part would let students from the new St. George district access EBR magnet programs forever. Board members say this would reduce chances for EBR students. Many magnet programs already have long waiting lists. In the resolution, the board said this bill would lock in an unequal system and take control away from both districts. It passed during a special meeting Monday night. On Tuesday, Edmonds asked the House Education Committee to temporarily defer consideration of SB 234. SB 25, which passed 8-2 in committee, suggests a constitutional change to fund the new district. However, the board wants lawmakers to delay both bills until they amend SB 234 to address their concerns. The resolution tells the board's general counsel to send copies to all members of the East Baton Rouge legislative delegation as the bills go to debate in the House. Lifeguard shortage delays opening of Liberty Lagoon New Hampshire bakery wins free speech case over a painting of doughnuts, pastries NOAA predicts above average 2025 hurricane season: How many storms US could see Baton Rouge youth choir talks about going viral, new album releasing this summer SCHEDULE | Race day for the Indianapolis 500 Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

Yahoo
15-05-2025
- Business
- Yahoo
Eletrobras: Q1 Earnings Snapshot
RIO DE JANEIRO (AP) — RIO DE JANEIRO (AP) — Centrais Eletricas Brasileiras SA (EBR) on Thursday reported a loss of $60.2 million in its first quarter. On a per-share basis, the Rio De Janeiro-based company said it had a loss of 3 cents. Losses, adjusted for non-recurring costs, came to 1 cent per share. The electric utility posted revenue of $1.78 billion in the period. _____ This story was generated by Automated Insights ( using data from Zacks Investment Research. Access a Zacks stock report on EBR at 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


Washington Post
15-05-2025
- Business
- Washington Post
Eletrobras: Q1 Earnings Snapshot
RIO DE JANEIRO — RIO DE JANEIRO — Centrais Eletricas Brasileiras SA (EBR) on Thursday reported a loss of $60.2 million in its first quarter. On a per-share basis, the Rio De Janeiro-based company said it had a loss of 3 cents. Losses, adjusted for non-recurring costs, came to 1 cent per share.


San Francisco Chronicle
15-05-2025
- Business
- San Francisco Chronicle
Eletrobras: Q1 Earnings Snapshot
RIO DE JANEIRO (AP) — RIO DE JANEIRO (AP) — Centrais Eletricas Brasileiras SA (EBR) on Thursday reported a loss of $60.2 million in its first quarter. On a per-share basis, the Rio De Janeiro-based company said it had a loss of 3 cents. Losses, adjusted for non-recurring costs, came to 1 cent per share. The electric utility posted revenue of $1.78 billion in the period. _____

Yahoo
15-05-2025
- Business
- Yahoo
Eletrobras: Q1 Earnings Snapshot
RIO DE JANEIRO (AP) — RIO DE JANEIRO (AP) — Centrais Eletricas Brasileiras SA (EBR) on Thursday reported a loss of $60.2 million in its first quarter. On a per-share basis, the Rio De Janeiro-based company said it had a loss of 3 cents. Losses, adjusted for non-recurring costs, came to 1 cent per share. The electric utility posted revenue of $1.78 billion in the period. _____ This story was generated by Automated Insights ( using data from Zacks Investment Research. Access a Zacks stock report on EBR at