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Teamsters, UPS to resume negotiations

Published Wed, 26 Feb 2025 15:05:34 GMT

NEW YORK — The Teamsters said Wednesday they will resume contract negotiations with UPS next week, marking an end to a stalemate that began two weeks ago when both sides walked away from talks while blaming each other.The union, which represents 340,000 UPS workers, credited the picketing and rallies it’s been holding across the country for getting the delivery company back to the negotiating table before the current contract expires on July 31.It said UPS reached out to resume negotiations.In a prepared statement, the company confirmed negations will resume next week and said it was pleased to go back and “resolve the few remaining open issues.”Before contract talks broke down, both sides had reached tentative agreements on several issues, including installing air conditioning in more trucks and getting rid of a two-tier wage system for drivers who work weekends and earn less money. A sticking point in negotiations has been wage increases for part-time workers, wh...

Stolen vehicle suspect carjacks 2 vehicles during pursuit in San Fernando Valley

Published Wed, 26 Feb 2025 15:05:34 GMT

A man who is wanted for stealing a vehicle has carjacked two cars during a dangerous pursuit in the San Fernando Valley. The Los Angeles Police Department began tracking the suspect after learning he was wanted for stealing a van in the Ventura County area around 8 a.m., officials said. At some point, two LAPD officers were taken to a hospital in connection with the chase, though police did not have any details on how they were injured. By 1:33 p.m. the driver had abandoned the van, was seen running into a Chevron gas station in Porter Ranch and got into a BMW sedan that was stopped filling up. The driver then took off and was able to evade authorities that had surrounded him at the station, aerial video showed. The passenger of the parked vehicle was able to safely get out of the car, video showed. The suspect was then speeding on surface streets, where he ran red lights and drove on the wrong side of the road. Around 1:45 p.m., the driver was seen pulling into another gas station ...

Gunman who shot Fargo officers had 1,800 rounds, multiple guns, grenade in car, officials say

Published Wed, 26 Feb 2025 15:05:34 GMT

FARGO, N.D. (AP) — The man who shot Fargo police officers — one fatally — last week had 1,800 rounds, multiple guns and a homemade hand grenade in his vehicle, officials said Wednesday.Mohamad Barakat, 37, opened fire on officers responding to a traffic wreck Friday before being fatally shot by Officer Zach Robinson. Officer Jake Wallin was killed, and Officers Andrew Dotas and Tyler Hawes were hospitalized with critical injuries.“When you look at the amount of ammunition this shooter had in his car, he was planning on more mayhem in our community,” Fargo Mayor Tim Mahoney said at a news conference Wednesday.North Dakota Attorney General Drew Wrigley described Barakat’s attack as “completely unprovoked.” Police and fire officials were responding to a routine traffic accident on a busy street that afternoon when the gunman began firing multiple rounds at them, according to Zibolski.“It’s clear to us that our police officers were ambushed in this attack,” the mayor said.Firefigh...

Suspected gas explosion in Johannesburg rips open roads and flips cars during rush hour, injuring 9

Published Wed, 26 Feb 2025 15:05:34 GMT

JOHANNESBURG (AP) — A suspected underground gas explosion during Johannesburg’s evening rush hour ripped open roads and flipped more than 20 cars in South Africa’s biggest city Wednesday, injuring at least nine people, authorities said.The nine were sent to the hospital with injuries that authorities said were not life threatening. Other people were evacuated from the area due to fears of a second explosion or that multi-story buildings in a downtown section of the city that has become rundown in places might collapse.“Buildings are in danger of collapsing,” Panyaza Lesufi, the premier of Gauteng province, where Johannesburg is located, said. “The damage is extensive.”Authorities estimated that an area covering five city blocks was damaged. Lesufi said he counted 23 overturned vehicles. Huge cracks and holes appeared in the middle of roads, some so big that vehicles slid down into them.Lesufi said that while gas was suspected as the cause of the explosion on downtown Johannesb...

Texas women denied abortions give emotional accounts in court, ask judge to clarify law

Published Wed, 26 Feb 2025 15:05:34 GMT

AUSTIN, Texas (AP) — For the first time since Roe v. Wade was overturned, Texas women who were denied abortions described in court Wednesday how they were unable to end their pregnancies despite serious risks to their health or carried babies they knew would not survive. Their testimony was often emotional, and at one point, the judge called a recess after one woman whose child died shortly after being born was overcome while recounting the catastrophic end to her pregnancy. The women are believed to be the first in the U.S. who have sued over being denied an abortion since Roe was overturned last year. Their challenge in Texas does not seek to repeal the state’s ban but to force more clarity on when exceptions are allowed under the law, which is one of the most restrictive in the U.S.Samantha Casiano testified she was halfway through her pregnancy when she found out during an appointment that her daughter had a rare diagnosis of anencephaly, where much of the skull and brain ...

Tesla’s Q2 income jumps 20%, although shares stayed flat amid concerns about profits

Published Wed, 26 Feb 2025 15:05:34 GMT

SAN FRANCISCO (AP) — Elon Musk’s big bet that Tesla price cuts could boost sales and profits amid increasing competition and poor economic sentiment appears to be yielding mixed results. The company beat analyst expectations for net income in the April-June quarter, although its shares barely budged.The Austin, Texas, maker of electric vehicles, solar panels and batteries reported net income of $2.7 billion in the quarter, a 20% increase from a year ago. Earnings per share also rose 20% to 78 cents when measured via generally accepted accounting principles.Analysts, however, tend to focus on Tesla’s own measurement of profit, which excludes stock-based compensation expense. By that measure, Tesla’s net income zoomed to $3.15 billion, or 91 cents a share, sharply exceeding analyst estimates of 80 cents per share according to FactSet.Tesla shares were flat at roughly $292 after the earnings report, up a smidgeon from their close at $291.26.Total revenue rose 47% to $...

Stock market today: Wall Street climbs again to tack more onto its big rally for the year

Published Wed, 26 Feb 2025 15:05:34 GMT

NEW YORK (AP) — Another tick higher for Wall Street Wednesday added to its big rally for the year following profit reports from a spate of banks and other big U.S. companies.The S&P 500 rose 10.74, or 0.2%, to 4,565.72. After its seventh gain the last eight days, it’s now up nearly 19% for the year so far and at its highest level in more than 15 months.The Dow Jones Industrial Average gained 109.28 points, or 0.3%, to 35,061.21, and the Nasdaq composite edged up by 4.38, or less than 0.1%, to 14,358.02. Elevance Health helped lead the market after it climbed 4.4% The insurance provider reported stronger profit and revenue for the spring than analysts expected, while raising its forecast for earnings over the full year. Stocks also broadly got a boost from easing pressure from the bond market. Yields there were holding steady or falling after a report showed U.K. inflation cooled by more than expected. It eased to 7.9% in June, a 15-month low. The U.K. data follows encourag...

S&P/TSX composite up on broad strength Wednesday, U.S. markets also rise

Published Wed, 26 Feb 2025 15:05:34 GMT

TORONTO — Broad-based strength among Canadian equities led by battery metals helped lift Canada’s main stock index Wednesday, while U.S. markets also rose. After a big-tech rally fuelled narrow gains in the first half of the year, there’s some room for the TSX to “make up” in the second half, said Brianne Gardner, senior wealth manager of Velocity Investment Partners at Raymond James Ltd. “I think financials are able to weather the storm a little bit better than people have planned,” she said, noting there may also be room to the upside in the energy sector.“I think that right now, I do see still more room to run with the TSX versus where the S&P 500 is sitting,” she said. The S&P/TSX composite index was up 114.60 points at 20,491.17.In New York, the Dow Jones industrial average was up 109.28 points at 35,061.21.The S&P 500 index was up 10.74 points at 4,565.72,while the Nasdaq composite was up 4.38 points at 14,358.02.Second-quarter earnings in the U.S. have so fa...

Families of military members killed in 2020 Cyclone helicopter crash sue manufacturer

Published Wed, 26 Feb 2025 15:05:34 GMT

OTTAWA — The families of six members of the Canadian Armed Forces who were killed in a helicopter crash in April 2020 are suing the manufacturer. The suit was filed in U.S. Federal Court in Pennsylvania, where the Sikorsky helicopters are made and tested. Lawyers representing the families say a design flaw caused the electronic flight control system to take over control of the chopper, plunging it into the Ionian Sea off the coast of Greece. They also say the pilots and the Royal Canadian Air Force were not made aware of the problem before the crash — and that Sikorsky has still not fixed the computer software problem that was responsible. The lawsuit is seeking damages and recovery under American law. Master Cpl. Matthew Cousins, Sub-Lt. Abbigail Cowbrough, Capt. Kevin Hagen, Capt. Brenden MacDonald, Capt. Maxime Miron-Morin and Sub-Lt. Matthew Pyke died in the crash.This report by The Canadian Press was first published July 19, 2023.The Canadian Press

Hwy, 401 eastbound ramps closed to Hwy. 400 due to transport truck rollover

Published Wed, 26 Feb 2025 15:05:34 GMT

The eastbound Highway 401 ramp to Highway 400, both northbound and southbound, have been closed due to a transport truck rollover.Major delays are expected for the commute home as the cleanup continues. There’s no word on whether anyone has been injured.More to come