Home

Tech and base metal stocks help S&P/TSX composite gain more than 150 points

Published Sat, 22 Feb 2025 04:29:22 GMT

TORONTO — Gains in the technology and base metal sectors helped lead a broad-based rally as Canada’s main stock index rose more than 150 points, while U.S. stock markets also pushed higher in late-morning trading.The S&P/TSX composite index was up 166.06 points at 20,191.20.In New York, the Dow Jones industrial average was up 127.15 points at 34,687.13. The S&P 500 index was up 40.43 points at 4,473.74, while the Nasdaq composite was up 192.56 points at 13,897.69.The Canadian dollar traded for 73.59 cents US compared with 73.55 cents US on Monday.The October crude contract was up 33 cents at US$80.43 per barrel and the October natural gas contract was down less than a penny at US$2.66 per mmBTU.The December gold contract was up US$14.90 at US$1,961.70 an ounce and the December copper contract was up four cents at US$3.83 a pound.This report by The Canadian Press was first published Aug. 29, 2023.Companies in this story: (TSX:GSPTSE, TSX:CADUSD=X)The Canadian Press

Preliminary hearing in Jackson Mahomes’ felony case delayed because judge has COVID-19

Published Sat, 22 Feb 2025 04:29:22 GMT

OLATHE, Kan. (AP) — The preliminary hearing in the felony case for Jackson Mahomes, the brother of Kansas City Chiefs quarterback Patrick Mahomes, has been pushed back nearly a month because the judge has COVID-19.Jackson Mahomes was charged in May with three felony counts of aggravated sexual battery and one misdemeanor count of battery. He is accused of forcibly kissing a woman Feb. 25 in the office of an Overland Park, Kansas, restaurant that she owned at the time.The hearing was initially scheduled for Thursday. Johnson County District Court Judge Thomas Sutherland said during a scheduling conference over Zoom on Monday that he has COVID-19 and couldn’t be sure he would be well enough by Thursday, the Kansas City Star reported. The hearing was postponed until Oct. 24.At the preliminary hearing, the prosecution is expected to outline its case and the judge will likely hear testimony from witnesses. Jackson Mahomes pleaded not guilty to the charges and is free on $100,000 bo...

Northeast B.C. swelters as Shuswap region hopes for rain

Published Sat, 22 Feb 2025 04:29:22 GMT

Large portions of northeastern British Columbia continue to swelter a day after some areas hit daily record temperatures. Environment Canada says temperatures will again push near or past 30 C in parts of the Peace River Regional District and the Northern Rockies Regional Municipality.The heat warning is expected to be in place until this evening.Historic records for daily high temperatures for Aug. 28 were broken Monday in Fort St. John, Dawson Creek and Fort Nelson.Fort Nelson reached 33.9 C, almost six degrees higher than the previous record for that day recorded in 1986.The BC Wildfire Service has cautioned that warm, dry conditions in northern parts of the province have led to increased fire activity in the region, with the Fort Nelson First Nation putting two reserves on alert. Meanwhile, crews battling a destructive wildfire in the Shuswap region are hoping for help from rain that could begin falling in the area Tuesday night.Mike McCulley, an information officer with the BC ...

Suncor’s revised focus on oil production proof of need for emissions cap: Guilbeault

Published Sat, 22 Feb 2025 04:29:22 GMT

OTTAWA — Environment Minister Steven Guilbeault says he is more convinced than ever of the need to regulate emissions in the oil and gas industry, following a prominent CEO’s comments about refocusing his company on oil production.Suncor CEO Rich Kruger told investors in a conference call on Aug. 15 that the company had a “disproportionate” focus on the longer-term energy transition to low-emitting and renewable fuels. He promised a “revised direction and tone” focused more on the immediate financial opportunities in the oilsands.Guilbeault says the comments were extremely disappointing in the middle of a summer when global temperatures hit record highs and climate change is exacerbating wildfires across Canada.He also says they have furthered his resolve to introduce a cap on greenhouse-gas emissions from the oil and gas industry in a bid to force companies to ratchet down their carbon footprint.The draft regulations that will identify where the cap wi...

Court restricts union pickets at Metro warehouses, grocer says deliveries to resume

Published Sat, 22 Feb 2025 04:29:22 GMT

Metro has been granted a temporary injunction to restrict pickets by its striking workers at distribution warehouses in Toronto.The Montreal-based grocer says deliveries will resume and stores will be resupplied as soon as possible.These distribution centres supply fresh products to all of Metro and Food Basics stores in the province,” Metro said in a statement.“Metro remains committed to the bargaining process and wants to present its offer; it urges the union to go back to the table resolve this matter.”Metro announced it was seeking an injunction against Unifor and the workers on Friday, the third day of picketing at its distribution warehouses that prevented deliveries of fresh products to its stores provincewide.More than 3,700 workers at 27 Metro stores in the Greater Toronto Area have been on strike since July 29 after rejecting their first tentative agreement.The order restricts the pickets from unlawfully blocking or delaying access to multiple Metro distr...

Toronto, Montreal, Ottawa awarded teams in Professional Women’s Hockey League

Published Sat, 22 Feb 2025 04:29:22 GMT

Hilary Knight, Marie-Philip Poulin and their U.S. and Canadian national hockey team contemporaries now have a firm idea of where they’ll be playing in January.The newly founded Professional Women’s Hockey League unveiled its Original Six franchises on Tuesday, with franchises based in NHL markets — three in the United States and three in Canada — with track records of supporting the women’s game.Boston, New York City’s tri-state area and Minneapolis-St. Paul were the U.S. sites selected as homes for the yet-to-be-named teams.The Canadian franchises will be based in the nation’s three largest northeastern centers of Toronto, Montreal and Ottawa.The PWHL also announced that each team will have a 10-day window to sign three free agents through Sept. 10 before holding a 15-round draft on Sept. 18. Teams can sign no more than 20 players to contracts before training camps open in November.Teams will play a 24-game schedule, which is expected to ov...

Hurricane Idalia 11 a.m. track: Winds increase to 85 mph: Winds increase to 85 mph

Published Sat, 22 Feb 2025 04:29:22 GMT

TAMPA, Fla. (WFLA) — Idalia strengthened into a Category 1 hurricane early Tuesday and is expected to rapidly intensify in the Gulf of Mexico.The National Hurricane Center said Idalia is about 275 miles south-southwest of Tampa. The storm's winds have increased to 85 mph.Idalia is forecast to make landfall along the northwest Gulf Coast of Florida sometime on Wednesday as an "extremely dangerous" Category 3 major hurricane, according to the National Hurricane Center. Real-time wobble tracker monitoring Hurricane Idalia’s shifts in Gulf of Mexico As of the 11 a.m. update, Idalia was over the southeastern Gulf of Mexico, moving north at 14 mph, according to the National Hurricane Center. Idalia's track remains west of Tampa Bay.Storm surge remains the biggest threat with Idalia, with some areas north of Tampa Bay expected to see 8 to 12 feet of storm surge, with 4 to 9 feet in the Tampa Bay area and 3 to 7 feet south of Tampa Bay. The storm surge threat is increased thanks to highe...

60-year-old man dies 10 days after Waukegan shooting

Published Sat, 22 Feb 2025 04:29:22 GMT

WAUKEGAN, Ill. — A suburban man died ten days after a shooting in Waukegan.On Aug. 18, officers responded to the 1600 block of Kayla Lane on the report of a shooting.The victim, identified Tuesday as Mark Glover, 60, of Zion, was transported to Advocate Condell Medical Center with multiple gunshot wounds.He died from his injuries on Monday.It's unknown if any suspects are in custody.

Hyundai recalling nearly 38,000 Elantras over acceleration bug

Published Sat, 22 Feb 2025 04:29:22 GMT

(NEXSTAR) — Hyundai Motor America is recalling about 37,997 Hyundai Elantra HEVs over a software bug that could result in unintended acceleration, increasing risk of a crash. As reported by the National Highway Traffic Safety Administration, although the software issue can occur after release of the brake pedal, drivers should know service brake functionality is "unaffected" and they are working properly. Airline launches ‘only adult’ section for international flight The affected vehicles are:2021-23 Hyundai Elantra HEV Four-doorHybrid-electric light vehiclesProduction dates of Dec. 15, 2020 through July 29, 2023Hyundai says these vehicles' motor control unit (MCU) software may accidentally trigger a "slow, unintended acceleration." The company says that despite this, owners can continue driving the vehicles and that owners will receive instructions in the mail by Oct. 17, detailing how and when to bring their vehicles to a Hyundai dealer for MCU updating at no cost. Amazon rais...

Baby born with intestines outside her body is now thriving

Published Sat, 22 Feb 2025 04:29:22 GMT

DENVER (KDVR) — Baby Grace Martz is now 3 months old and doing well. "She's a very happy baby. She's doing great," said her mother, Jackie Martz.When Martz was pregnant, doctors diagnosed her baby with gastroschisis, a birth defect that allows the intestines to spill out of a hole in the abdominal wall and grow outside the body. The condition occurs in about one in 2,000 babies born each year. Denver has 225 one-way streets. Here’s why When Grace was born, doctors at Rocky Mountain Hospital for Children in Denver were prepared. About three hours after birth, Grace went into surgery."They made a small incision and shoved the intestines back in, and in the process, they actually found that her fallopian tube and ovary were also hanging out," Jackie Martz said.Dr. Sarah Lai performed the surgery."Her intestines were very, very bloated, and although I was able to take her to the operating room and get everything back in, it was just a little bit too tight," Lai said.So, Lai left a bit...