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S&P/TSX composite down in late-morning trading even as Shopify shares rise

Published Sat, 22 Feb 2025 02:59:34 GMT

TORONTO — Canada’s main stock index edged lower in late-morning trading as losses led by the financial and industrial sectors outweighed strength in shares of Shopify Inc. after the e-commerce company announced it was cutting staff and selling its logistics business.The S&P/TSX composite index was down 2.41 points at 20,352.27.In New York, the Dow Jones industrial average was down 306.70 points at 33,107.54. The S&P 500 index was down 25.53 points at 4,065.22, while the Nasdaq composite was down 41.05 points at 11,984.28.The Canadian dollar traded for 73.63 cents US compared with 73.44 cents US on Wednesday.The June crude contract was down 23 cents at US$68.37 per barrel and the June natural gas contract was down seven cents at US$2.10 per mmBTU.The June gold contract was up US$24.50 at US$2,061.50 an ounce and the July copper contract was up less than a penny at US$3.85 a pound.This report by The Canadian Press was first published May 4, 2023.Companies in this story: ...

‘Excruciating delays’ at Ontario’s Landlord and Tenant Board: Ombudsman

Published Sat, 22 Feb 2025 02:59:34 GMT

Ontario’s ombudsman says a backlog of cases at the Landlord and Tenant Board has grown to 38,000 and it is taking an average of seven or eight months – sometimes up to two years – for a hearing to be scheduled.The findings are part of a large report Thursday from the ombudsman, who has issued 61 recommendations aimed at improving the functioning of the board and what he calls the excruciating delays.Ombudsman Paul Dube says that when the pandemic hit, the backlog was already at 20,000 applications, and the subsequent move to virtual hearings and a moratorium on evictions impeded the board’s efforts to chip away at the backlog.He says the backlog means tens of thousands of Ontarians are being denied timely access to justice, with some tenants stuck in unsafe living conditions and some small landlords coping with tenant abuse and facing financial ruin.The ombudsman says part of the problem is a shortage of adjudicators compounded by a cumbersome appointment and...

Glenbard West H.S. student charged after bomb threat

Published Sat, 22 Feb 2025 02:59:34 GMT

GLEN ELLYN, Ill. — A Glenbard West High School student was taken into custody following a bomb threat made at the school.Police said the Glen Ellyn Police Department received information of the threat at the high school located at 670 Crescent Blvd around 11:30 a.m. Wednesday. The buildings were evacuated and a search was conducted. No threats were found and the campus was reopened around 2 p.m.This was the second bomb threat made at the school in less than two weeks.According to police, a suspect was identified and taken into custody later Wednesday evening. ‘All clear’ given at twice evacuated Glenbard West High School after bomb threat The person, identified as a 17-year-old student at Glenbard West High School, was charged with two counts of felony and disorderly conduct and was transported to the Kane County Juvenile Detention Center. The other bomb threat, made on April 27, 2023, remains under investigation. Anyone with information regarding these two events is asked to cont...

South Shore high-rise apartment building catches fire

Published Sat, 22 Feb 2025 02:59:34 GMT

CHICAGO — A high-rise apartment building caught fire in the city's South Shore neighborhood Thursday morning. According to the Chicago Fire Department, the high-rise apartment near the 6700 block of South Shore Drive caught fire on the 10th floor. Girl charged as adult in high-speed police chase with man on hood of car The fire department reported that there were no injuries reported and that the fire is out. The cause of the fire is under investigation.

Cause of Pennsylvania chocolate factory explosion revealed in NTSB report

Published Sat, 22 Feb 2025 02:59:34 GMT

WEST READING, Pa. (WHTM) – The National Transportation Safety Board has released a preliminary report concerning the deadly chocolate factory explosion that occurred in West Reading, Pennsylvania.The board's preliminary reports indicate that natural gas fueled the March 24 explosion and fire at the R.M. Palmer Co. factory — something investigators suspected from the beginning.The report added, however, that there was no reported spike in gas usage or any work being done on the gas mains prior to the explosion. The "source" of the explosion is still under investigation, the NTSB said.Interviews conducted with employees after the accident revealed that workers in two of the factory's buildings noticed unpleasant odors on the afternoon of the incident, just before the blast. Those working in one building — identified by the NTSB as Building 2 — were sanitizing equipment when they detected an odor of natural gas. Those in Building 1 reported detecting a similar sulfuric smell."The emplo...

UMN regents pick four finalists among 21 who applied to become interim president

Published Sat, 22 Feb 2025 02:59:34 GMT

The University of Minnesota Board of Regents chose four finalists Thursday from a pool of 21 applicants to become the U’s interim president.Board chair Janie Mayeron said she thought the one-week window for applicants, which closed Monday, could hurt the pool, but that didn’t seem to be the case.“I am thrilled with the applicant pool that we have received. And I am actually floored with the number of applications we received in such a short period of time,” she said Thursday.Under state law, the applicants’ names are not public until they become finalists. The U plans to announce the names later Thursday, once the finalists are notified.During Thursday’s public meeting, the regents discussed the applicants in an anonymized fashion.The first step was for each of the 12 regents to allocate as many as six votes among the 21 applicants. That process quickly eliminated 15 who failed to garner interest from at least half the board.After a discussion and a second round of voting, two more ...

Shooter denied bail in Kaylin Gillis death

Published Sat, 22 Feb 2025 02:59:34 GMT

HEBRON, N.Y. (NEWS10) -- The Hebron man accused of fatally shooting a Schuylerville woman, when she and a group of friends accidentally drove up the wrong driveway, is making his second plea for bail. Get the latest, news, weather, sports and community events delivered right to your inbox! A Washington County judge had earlier denied bail to Kevin Monahan, who’s charged with second-degree murder in the killing of 20-year-old Kaylin Gillis.The judge cited the seriousness of the charge and a history of gun use. The district attorney pointed to a recent incident at a DMV office where he says Monahan was observed yelling at customers and taking pictures of staff.Today, the local contractor appeared before a state Supreme Court justice in Warren County, where he’s being held, asking THAT judge to grant him bail. His attorney denied any history of gun use and stated that his client is not a flight risk due to his strong ties to his wife and community.In the end, the second judge did not...

Hundreds of volleyballers to face off at the Great Saratoga Block Party

Published Sat, 22 Feb 2025 02:59:34 GMT

SARATOGA SPRINGS, N.Y. (NEWS10) -- In a little over a month, hundreds of volleyball players will be flocking to Saratoga Springs to play in the Great Saratoga Block Party. The outdoor 4 vs. 4 format tournament serves as a fundraiser for Saratoga Springs Friends of Recreation, a 501(c)(3) nonprofit organization that supports the Saratoga community parks and provides financial aid and sports equipment to children in need. Get the latest, news, weather, sports and community events delivered right to your inbox! While there are many fundraising tournaments in the region throughout the year, this is just the second year the Great Saratoga Block Party will be held. "There is a huge volleyball community in the Capital Region, and last year Andy Mink and I wondered why there were no Grass Volleyball tournaments in Saratoga," said organizer Dan Graham. "Being on the board for Friends of Recreation, I found this to be a great way to host a tournament in Saratoga and raise money for a good c...

Live Nation announces return of Concert Week

Published Sat, 22 Feb 2025 02:59:34 GMT

ALBANY, N.Y. (NEWS10) -- Live Nation announced the return of their annual Concert Week. The program will offer $25 tickets to over 3800 shows across North America. Get the latest, news, weather, sports and community events delivered right to your inbox! This year's Concert Week runs from May 10 through May 16, and will feature over 300 of the world's biggest acts across a wide range of genres. Some noteworthy headliners include Fall Out Boy, Maroon 5, Snoop Dogg, Big Time Rush, Zac Brown Band, and Pantera. Starting May 10, a full list of concerts associated with the promotion will be available on Live Nation. Fans will find shows labeled with "Concert Week Promotion" and will also be able to search for nearby concerts participating in the event. Actor Kevin Bacon and brother to perform in Albany Early ticket access for select shows will be available to Verizon and Rakuten customers beginning May 9 at 10 a.m. ET through 11:59 p.m. local time by visiting Verizon and Rakuten. Ge...

Police seek truck owner with stolen trailer

Published Sat, 22 Feb 2025 02:59:34 GMT

WARREN COUNTY, N.Y. (NEWS10) - The Warren County Sheriff's Office is seeking the community's help in identifying the owner of a truck believed to be connected in a theft case. The white truck has been seen pulling a trailer believed to be stolen from a location on Queensbury Avenue. Get the latest, news, weather, sports and community events delivered right to your inbox! The truck was seen in a video posted to the county's Facebook page, where it is shown pulling a Big Text 5th Wheel Trailer that the department says was stolen from a location on Queensbury Avenue. Anyone with information regarding the vehicle's owner is asked to reach out to Officer Perilli by phone at (510) 743-2500, or anonymously at (518) 761-9800.