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Meta ends contract for journalism fellowship program as Bill C-18 fallout continues

Published Wed, 26 Feb 2025 18:50:02 GMT

TORONTO — Digital giant Meta is terminating the contract for a fellowship program that supports the hiring of a limited number of emerging journalists at newswire service The Canadian PressThe move comes amid fallout from the federal government’s Online News Act, formerly known as Bill C-18, which became law last week.The law requires tech companies such as Facebook parent Meta and Google to negotiate deals compensating media outlets for news content they share or otherwise repurpose on their platforms.Meta has threatened to block access to Canadian news on their sites in retaliation.Canadian Press president Malcolm Kirk says Meta told the newswire agency that the Online News Act has a negative affect on Meta’s position in Canada to operate some products.The Liberal government’s Online News Act is intended to help preserve Canadian journalism at a time when newsrooms are struggling to compete for online advertising dollars.This report by The Canadian Press was first publ...

Indiana state trooper struck and killed by fleeing vehicle, officials say

Published Wed, 26 Feb 2025 18:50:02 GMT

PLAINFIELD, Ind. (AP) — An Indiana state trooper was struck and killed by a stolen vehicle being chased by police in suburban Indianapolis, officials said.Trooper Aaron Smith was hit about 8:40 p.m. Wednesday while trying to place stop sticks on Ronald Reagan Parkway, north of Interstate 70 in Plainfield, state police said. Smith, 33, of Franklin, died after being taken to an Indianapolis hospital.Three people from the vehicle were treated at Indianapolis hospitals for injuries. Two young men were jailed — an 18-year-old suspected of driving the car on a preliminary murder charge and a 19-year-old on a preliminary auto theft charge, state police said. A 15-year-old girl with them in the car was listed as a missing person from Missouri and will be turned over to authorities there.State Police Superintendent Douglas Carter said investigators would be reviewing dashcam and body camera video of the crash. The Hendricks County prosecutor will decide on criminal charges from the chase and...

Stock market today: Stocks rise and bond yields jump after the latest signs of resilient economy

Published Wed, 26 Feb 2025 18:50:02 GMT

NEW YORK (AP) — Wall Street is ticking higher Thursday as investors consider both the upsides and downsides of the latest signals that the U.S. economy remains stronger than feared.The S&P 500 was 0.4% higher in midday trading after wobbling between small gains and losses. The Dow Jones Industrial Average was up 246 points, or 0.7%, at 34,098 as of 12:19 p.m. Eastern time, and the Nasdaq composite was up by less than 0.1%.Yields were jumping in the bond market after data showed the U.S. economy grew at a 2% annual rate in the first three months of the year, much stronger than the 1.3% rate earlier estimated. Another report said fewer workers applied for unemployment benefits last week than expected, a sign that the job market remains remarkably solid despite much higher interest rates meant to slow the overall economy.“The US economy is currently displaying genuine signs of resilience,” said Gregory Daco, chief economist at EY. “This is leading many to rightly question whether t...

Mexico acknowledges 112 heat-related deaths so far this year, almost triple the figures in 2022

Published Wed, 26 Feb 2025 18:50:02 GMT

MEXICO CITY (AP) — Mexican health authorities say there have been at least 112 heat-related deaths so far this year, acknowledging for the first time the deadliness of a recent heatwave that the president previously dismissed as an invention of alarmist journalists.The report, released late Wednesday, also shows a significant spike in heat-related fatalities in the last two weeks. So far this year, the overall heat-related deaths are almost triple the figures in 2022.The Health Department normally issues a report on heat-related fatalities each week, but in June — at the height of the heat wave — it skipped a week, for reasons that remain unclear.The deaths reached a peak in the week of June 18-24, with 69 deaths in one week nationwide, an unprecedented number. Temperatures in some parts of Mexico have risen to over 105 degrees Fahrenheit (40 degrees Celsius) in recent weeks.The week of June 11-17 was also unusually bad, with 31 deaths across the country. So far this year, the large...

Do your math before using credit card loyalty points toward mortgages

Published Wed, 26 Feb 2025 18:50:02 GMT

TORONTO — Canadians looking for a little extra help on mortgage payments may be surprised to learn about one possibility: loyalty points.Some banks, including Royal Bank of Canada and Canadian Imperial Bank of Commerce, allow customers to use credit card points toward paying down their mortgage.While it would take a massive number of points to cover off an entire mortgage, experts say the option is likely more attractive to borrowers at a time when interest rates have risen sharply and homeowners are on the hook for higher payments.“People are trying to get creative in how to make ends meet,” said Natasha Macmillan, business director of everyday banking at Ratehub.ca, a mortgage, banking and insurance comparison website.She foresees people looking more closely at how they can use their points to offset all kinds of bills. Travel rewards, she said, could fall by the wayside as people seek cashback opportunities to support everyday expenses.Macmillan said she doesn’t...

NASCAR race not filling Chicago hotels

Published Wed, 26 Feb 2025 18:50:02 GMT

CHICAGO — Kyle Busch is no Taylor Swift.While the singing sensation is credited with helping to fill nearly 97% of Chicago hotel rooms during her June concerts at Soldier Field, there are still plenty of rooms available – at relatively low prices – during this weekend’s NASCAR street race.The Hilton Chicago, which overlooks the race route in Grant Park, has rooms available for $278 per night this weekend.  The high-end JW Marriott in the Loop is offering rooms at $365 per night and the swanky Four Seasons is offering accommodations for $700.  None of the prices are off-the-charts for a Chicago summer weekend.“We are hearing that occupancy overall is pretty strong as a result of both NASCAR and the USA Volleyball National Championships taking place at McCormick Place,” Illinois Hotel and Lodging Association CEO Michael Jacobson told WGN via email. “That said, there are definitely still rooms available and deals to be found.” Previous Coverage: Taylor Swift concerts led to...

62-year-old man critical after Gresham shooting

Published Wed, 26 Feb 2025 18:50:02 GMT

CHICAGO — A man is in critical condition after he was shot Thursday morning in Gresham.At around 9:15 a.m., police said the 62-year-old man was outside in the 1500 block of West 87th Street. At some point, he heard shots and sustained a wound to his back.He was transported to Christ Hospital in critical condition. Man stabbed to death in Irving Park No one is in custody.

Fire breaks out at flagship Tiffany & Co. store in NYC

Published Wed, 26 Feb 2025 18:50:02 GMT

MIDTOWN, Manhattan (WPIX) – A fire broke out at the Tiffany & Co. Landmark store in New York City on Thursday.Thick, black smoke billowed from the Fifth Avenue shop in Midtown Manhattan, as seen in photos and videos posted to social media on Thursday morning. 16 states, DC currently under poor air quality alerts Firefighters with the FDNY arrived on the scene shortly after the fire broke out around 9:40 a.m. The cause remains unclear and there was no immediate word on whether anyone was injured.The Landmark store, Tiffany & Co's New York City flagship, reopened to the public in April after undergoing a major renovation. The project took nearly four years to complete, Reuters reported.This is a developing story. Please check back for updates.

Traveler hits $1.3M jackpot at Las Vegas airport slot machine: 'That's one way to end a vacation'

Published Wed, 26 Feb 2025 18:50:02 GMT

LAS VEGAS (KLAS) — A lucky traveler won more than $1.3 million on a slot machine while gambling at Nevada's Harry Reid International Airport, airport officials said."Congratulations! You won the jackpot!" the slot machine notified the player, as seen in a video shared to Twitter on Tuesday afternoon. The jackpot, according to the machine's readout, totaled $1,330,133.04.Officials with Harry Reid International Airport later confirmed the $1.3 million haul on Twitter, notifying followers that a lucky player "cashed in BIG at LAS."The big win came at a "Wheel of Fortune"-themed slot machine in the Terminal 1 Esplanade. Officials did not give any information about the identity of the new millionaire but did imply that the winner was on their way home from a trip to Las Vegas before hitting the jackpot."That’s one way to end a vacation — as a MILLIONAIRE," the airport tweeted. Man posing as Las Vegas hotel owner steals more than $1M in casino con job: police The airport winner isn...

Watch live: Biden delivers remarks on Supreme Court’s affirmative action decision

Published Wed, 26 Feb 2025 18:50:02 GMT

President Biden on Thursday afternoon is slated to deliver remarks on the Supreme Court's decision to severely limit the use of race as a factor in college admissions.The ruling upends decades of affirmative action programs that U.S. institutions have used to select students from their applicant pools.In rulings that broke along ideological lines, the court’s six conservative justices ruled Harvard’s and the University of North Carolina at Chapel Hill’s admissions practices did not comply with the 14th Amendment’s guarantee of equal protection.Biden's remarks are scheduled to begin at 12:30 p.m ET.Watch the live video above.