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S&P/TSX composite up more than 100 points, U.S. stock markets also rise

Published Wed, 26 Feb 2025 18:21:23 GMT

TORONTO — Canada’s main stock index was up more than 100 points in late-morning trading, helped higher by strength in the base metal stocks as well as the energy and telecommunication sectors, while U.S. stock markets also climbed higher.The S&P/TSX composite index was up 116.34 points at 19,504.06.In New York, the Dow Jones industrial average was up 337.38 points at 32,199.36. The S&P 500 index was up 31.42 points at 3,948.06, while the Nasdaq composite was up 37.52 points at 11,668.03.The Canadian dollar traded for 73.16 cents US compared with 72.81 cents US on Friday.The May crude contract was down 43 cents at US$66.50 per barrel and the April natural gas contract was down five cents at US$2.29 per mmBTU.The April gold contract was down 40 cents at US$1,973.10 an ounce and the May copper contract was up seven cents at US$3.96 a pound.This report by The Canadian Press was first published March 20, 2023.Companies in this story: (TSX:GSPTSE, TSX:CADUSD=X)The Canadian P...

Amazon cuts 9,000 jobs; now at least 27,000 layoffs in 2023

Published Wed, 26 Feb 2025 18:21:23 GMT

NEW YORK (AP) — Amazon plans to eliminate 9,000 more jobs in the next few weeks, CEO Andy Jassy said in a memo to staff on Monday. The job cuts would mark the second largest round of layoffs in the company’s history, adding to the 18,000 employees the company said it would lay off in January. Yet the company’s workforce doubled during the pandemic, however, during a hiring surge across almost the entire tech sector. In the memo, Jassy said the second phase of the company’s annual planning process – which determined what areas of the business to trim – completed this month and led to the additional job cuts. He said Amazon will still hire in some strategic areas. “Some may ask why we didn’t announce these role reductions with the ones we announced a couple months ago. The short answer is that not all of the teams were done with their analyses in the late fall; and rather than rush through these assessments without the appropriate diligence, we chose to s...

Dominant party wins most votes in Kazakh parliament election

Published Wed, 26 Feb 2025 18:21:23 GMT

MOSCOW (AP) — Kazakhstan’s dominant political party received slightly more than half the vote in the election for the lower house of parliament, according to preliminary results announced Monday, but the final tally of seats won’t be clear until new single-mandate races are tallied.As part of a series of political reforms in the Central Asian nation, one-third of the seats chosen in the snap election were contested by individual candidates; previously, all seats were selected by party list.The national elections commission said the Amanat party of President Kassym-Jomart Tokayev received 53.9% of the vote on Sunday; five other parties cleared the 5% barrier needed to obtain seats, including parties loyal to Tokayev.The early election came on the fourth anniversary of the resignation of President Nursultan Nazarbayev, who had led Kazakhstan since independence following the breakup of the Soviet Union in 1991 and who had established immense influence.His successor Tokayev ...

Qatar: 4,000 World Cup huts sent to quake-hit Turkey, Syria

Published Wed, 26 Feb 2025 18:21:23 GMT

Qatar has sent 4,000 cabins built to house fans at last year’s World Cup to earthquake survivors in Turkey and Syria, authorities said Monday.The Associated Press watched as the latest batch of pre-fabricated cabins was loaded onto a cargo ship in the Persian Gulf. The Qatar Development Fund began shipping cabins last month and says it will send a total of 10,000 to house people displaced by the Feb. 6 earthquake.Gas-rich Qatar, one of the world’s wealthiest countries, says it had always planned to donate the mobile homes. They were needed to help house some of the 1.4 million fans who descended on the small country during soccer’s biggest tournament late last year.The brightly colored cabins, each with thin walls, were designed to hold one or two people with twin beds, a nightstand, a small table and chair, air conditioning, a toilet and a shower inside. They went for around $200 a night — $270 with board — offering a budget option for visiting fans. A magnitude 7.8 ear...

Pitchfork Music Festival announces 2023 full lineup and concert dates

Published Wed, 26 Feb 2025 18:21:23 GMT

CHICAGO — Pitchfork announced Monday the 2023 full lineup and dates the festival will return to Chicago.According to the music festival, this year’s summer concert will be held in Union Park from Friday, July 21, through Sunday, July 23.  Here’s when the Lollapalooza 2023 lineup is expected to drop Headliners include The Smile, Big Thief, and Bon Iver. Other musicians include Alvvays, Perfume Genius, Weyes Blood, King Krule, Snail Mail, Ric Wilson, Rachika Nayar, Koffee, Kelela, Julia Jacklin, Yaya Bey, Soul Glo, Killer Mike, Jockstrap, Florist, 700 Bliss, Sen Morimoto — and many more.SEE FULL LINEUP HEREPitchfork Music Festival tickets are available now through the website.For more information, go to: PitchforkMusicFestival.com.

2 students hurt in Texas school shooting, suspect arrested

Published Wed, 26 Feb 2025 18:21:23 GMT

ARLINGTON, Texas (AP) — Two students were injured in a shooting outside a Dallas-area high school on Monday morning and police arrested the person suspected of opening fire, officials said.The shooting began on a high school campus in the suburb of Arlington around 6:55 a.m., before many students arrived for the first day back to classes after the spring break, according to police and school district officials.One student was injured by gunfire, another was hurt by “debris from the shooting,” and both are getting medical care, said Arlington Independent School District spokeswoman Anita Foster. She could not immediately provide further information on the student's identities or conditions.Arlington police said the suspected shooter never entered the Lamar High School building and was arrested soon after officers arrived on the scene. They said the scene was secure in a tweet at 7:21 a.m. but have not released more information on the shooter.The school was placed on lockdown during t...

Pedestrian and bicyclist traffic deaths spike in Texas

Published Wed, 26 Feb 2025 18:21:23 GMT

AUSTIN (KXAN) -- People walking and riding their bikes are getting hit by cars more often, and at an alarming rate throughout Texas, data from the Texas Department of Transportation shows. While the statistical spike is concerning for those who rely on walking or riding next to cars, they are a painful reminder to families who've lost a loved one. That includes the family of Alexei Bauereris. A driver hit the 14-year-old boy while he walked back to his northwest Austin home in 2016. Alexei Bauereris was hit and killed by a car when he was 14-years-old. (Courtesy: Bauereris family)"He had a great life ahead of him," his mother Anna Bauereris said. "He was a gentleman, he was a godly man, and he made a difference in our community."At 10:13 p.m. on a June night, Alexei was walking through a crosswalk. Despite a flashing yellow light, the oncoming driver didn't yield or slow down before hitting and killing him. "He really reached out and made friends wherever he went, whether it was sch...

Try global dishes at the International Flavor Fest!

Published Wed, 26 Feb 2025 18:21:23 GMT

SARATOGA, N.Y. (NEWS10) -- The Saratoga Farmers Market is hosting an International Flavor Fest at the Wilton Mall food court on Saturday, March 25. Visitors can pick up a passport and collect stamps from market vendors to win a prize. Get the latest, news, weather, sports and community events delivered right to your inbox! There will be food from across the globe including Caribbean cuisine featuring meat dishes prepared with a variety of spice rubs and marinades, and curries and samosa from Asia. There will also be delicious desserts traditional to Central and Eastern Europe such as frgál cakes, apple strudels, and apple sharlotkas. The World Awareness Children's Museum will be in attendance as special guests and have a fun paper fortune cookie activity for children. The festival runs from 9:30 a.m. to 1:30 p.m.

Missouri man wanted for killing his mother in a fire found dead

Published Wed, 26 Feb 2025 18:21:23 GMT

MEXICO, Mo. -- An Audrain County man's body was found in a shed Sunday. Police identified him as Brandon Spears, 43 of Mexico, Missouri. He was wanted in connection with his mother's death and setting fires.Officers were called to the 1700 block of Fairground Road Sunday afternoon to investigate a body found. They found Spears's body in an unlocked shed in the back of some private property. He was identified through tattoos and clothing. Close Thanks for signing up! Watch for us in your inbox. Subscribe Now Daily News SIGN UP NOW A fire at an apartment building in the 1200 block of West Breckenridge on December 23 killed 60-year-old Ruth Ann Stuart. The victim in the fire was also the suspect's mother. He also appears to be a suspect in a second fire that evening at the Spartan Light Metals building.T...

'Free Cone Day' happening at Dairy Queen

Published Wed, 26 Feb 2025 18:21:23 GMT

ST. LOUIS - With spring officially kicking off later in the afternoon, Dairy Queen is giving locals free ice cream to treat themselves this season. Trending: Remains in Crawford County possibly of woman missing since 2014 Celebrate 'Free Cone Day' at any DQ location, and grab a small cone for free.