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Stock market today: Calm in the wake of 3rd bank failure

Published Wed, 26 Feb 2025 18:41:53 GMT

Early Wall Street trading is relatively subdued Monday in the wake of the third U.S. bank failure in less than two months.Futures for the S&P 500 and the Dow industrials shifted between small gains and losses, essentially unchanged before the opening bell. There are banking holidays around the globe Monday limiting some trading, but early reaction to the seizure of troubled First Republic Bank, which was sold on Monday to JPMorgan Chase Bank, appears orderly. San Francisco-based First Republic, once highly respected because of it’s wealthy client base, came under signficant strain due to surging interest rates. It invested in usually safe long-term bonds that can lose value when rates climb if they are sold before they mature. Many of the bank’s wealthy clients pulled their money First Republic after the collapse of Silicon Valley and Signature banks, creating a modern day bank run. First Republic becomes the second-biggest bank failure in U.S. history, behind only W...

Stop-work order after underground fire at Nova Scotia’s Donkin coal mine, no injuries

Published Wed, 26 Feb 2025 18:41:53 GMT

HALIFAX — Nova Scotia’s Department of Labour says it has issued a stop-work order following a fire at the Donkin coal mine in Cape Breton.The department says in a tweet that the fire, which broke out Sunday in the underground mine, is under control and no injuries were reported.It says no workers were underground at the time of the incident.The mine resumed operations last year after it was shuttered in March 2020 amid slumping coal prices and roof collapses that led to repeated government stop-work orders.In January, it was revealed that owners Kameron Coal Management Ltd. had been cited for a lengthy list of safety violations since the operation reopened in mid-September.The violations ranged from an unqualified employee doing electrical work and the use of an unapproved ventilation control device to the improper storage of compressed gas cylinders.This report by The Canadian Press was first published May 1, 2023.The Canadian Press

From a synagogue bombing in Paris, to an Ottawa classroom 40 years later

Published Wed, 26 Feb 2025 18:41:53 GMT

Hassan Diab has been found guilty in the 1980 bombing of a Paris synagogue that killed four people and injured dozens more.This is the second time France has attempted to punish the Lebanese Canadian sociology professor for his alleged role in the attack— the evidence of which has been described as flimsy at best.Leyland Cecco is a reporter for The Guardian. He said the last time, Diab was extradited and jailed in France before charges were dropped, prompting Prime Minister Justin Trudeau to criticize the case and the extradition.“There’s a lot of frustration that Canada’s Extradition Act doesn’t give much latitude to the people early on who would determine whether or not that case was even a good one. And I think Diab’s case highlights where it falls short.”But now that a court has convicted, will France ask Canada for Diab a second time? If they do, will Canada comply? Will this case test the relationship between the two countries, and Canada’s policy on extraditions in gene...

Olivia Chow leading Toronto mayoral race, many voters undecided: Poll

Published Wed, 26 Feb 2025 18:41:53 GMT

A new poll shows Olivia Chow is leading in the Toronto mayoral race but voters are not feeling confident about their choices.The Liaison Strategies survey shows Chow having 16 per cent support in the crowded race, giving her a narrow lead over former police chief Mark Saunders and Coun. Josh Matlow who are both sitting at 12 per cent.The number of undecided voters remains high at 39 per cent. Only 18 per cent of the decided said they felt strongly about their candidate.The poll consulted just over 1,250 Toronto voters on April 28 and 29.

CPD board to decide if officer who fatally shot 13-year-old Adam Toledo should be fired

Published Wed, 26 Feb 2025 18:41:53 GMT

CHICAGO — Officer Eric Stillman is accused of violating seven police department rules when he pursed and shot 13-year-old Adam Toledo in 2021 and a board meeting is to be held Monday morning to decide if he gets fired. Interim-Police superintendent Eric Carter recommends Stillman be fired but his lawyer said last month he believes the board will state Stillman's actions were justified. On March 29 2021, Officer Eric Stillman chased Adam Toledo into an alley in the 2300 block of South Sawyer Avenue in Little Village and fatally shot him. Body cam footage shows the officer shooting the 13-year-old boy moments after he threw a gun behind a fence and turned with his hands raised. Documents outlining the charges against Stillman state that Toledo did not pose an imminent threat to death to Stillman. Teen fatally shot in the chest on Chicago’s South Side Stillman failed to use de-escalation tactics to prevent the use of deadly force and did not notify OEMC before pursing Toledo. CO...

Man killed, woman wounded in shooting near University of Chicago

Published Wed, 26 Feb 2025 18:41:53 GMT

CHICAGO — A man died and a woman was wounded following a shooting near the University of Chicago campus Sunday night.Just before 10:30 p.m., police said a 29-year-old man and a 22-year-old woman were driving in the 6200 block of South Kimbark when two unknown male suspects approached on foot and began firing shots.The 29-year-old man was shot in the upper back and died at the University of Chicago Medical Center. The 22-year-old woman was shot in the foot and buttocks. She was transported in good condition. 18-year-old woman killed in Matteson double shooting No one is custody. Anyone with information can leave an anonymous tip at cpdtip.com.

How can Texas take better care of its Black mothers?

Published Wed, 26 Feb 2025 18:41:53 GMT

AUSTIN (KXAN) — Patrice Lott felt her appointments were rushed whenever she went in for her prenatal visits. She had deliberately chosen a doctor of color, following a Facebook group recommendation and her own research, and so this was not the experience she was expecting.“They let me know my appointments coincided with when she got called into the hospital, so we switched it up,” Lott said. “After that, I definitely felt taken care of from top to bottom.”Black mothers continue to experience health disparities and inequities during and after pregnancy in Texas and across the U.S. To raise awareness on the subject, Black Mamas Matter Alliance created "Black Maternal Health Week" or BMHW. The theme for 2023 is, "Our Bodies Belong to Us: Restoring Black Anatomy & Joy."Established in 2018, BMHW (April 11 - 17) is a week of awareness, activism and community building intended to deepen the national conversation about Black maternal health in the U.S., center the voices of Black mother...

5 things to know this Monday, May 1

Published Wed, 26 Feb 2025 18:41:53 GMT

ALBANY, N.Y. (NEWS10) -- “Mondays are the start of the work week which offer new beginnings 52 times a year!” — David Dweck. We hope everyone had a great weekend! According to Meteorologist Jill Szwed, your umbrellas and wipers will be getting a workout in today. The soggy weather from the weekend is spilling over to the new week and new month. Get the latest, news, weather, sports and community events delivered right to your inbox! The Montgomery County Sheriff's Office is investigating a burglary of a donation box at the Auriesville Shrine that happened on Sunday. While there is surveillance footage, it is grainy and hard to identify the suspect. Meanwhile, in Columbia County, the Malden Bridge Community Center is searching for its church bell after it went missing between 7 p.m. on April 24 and 7 a.m. the following morning. These stories, and more, are covered in your five things to know this Monday morning. 1. Deputies investigating church donation box burglaryThe Montgomery C...

Money Saver: This deal from Columbia Online is offering the lowest prices of the season on women's hooded jackets

Published Wed, 26 Feb 2025 18:41:53 GMT

ST. LOUIS - A deal from Columbia Online is offering the lowest prices of the season on a hooded jacket for women.One Joy Peak Omni Heat insulated hooded jacket drops from $180 to $59.98. It's available in three colors for this low price, but sizes are going quickly. 3 teens, 1 adult killed in Highway 79 collision in Lincoln County One jacket got more than 1,000 good reviews. Shipping is free with your Columbia account.For more information, head to Margie Money Saver. Check out the discounted items here.

Announcement of 'All Things New' reorganization of 178 catholic parishes

Published Wed, 26 Feb 2025 18:41:53 GMT

ST. LOUIS -  The St. Louis Archdiocese is gearing up for the 'All Things New' reorganization of the 178 catholic parishes.The changes are expected to be announced this month.While a group of parishioners plans to fight the changes, other parishioners as well as church leaders are optimistic. FOX 2's partners at the St. Louis Post-Dispatch reported Deacon Bill Twellman believes 'All Things New' will invigorate catholic ministries by enlarging congregations and their staff, and expanding charitable works. 3 teens, 1 adult killed in Highway 79 collision in Lincoln County He also said it will help families who are currently bouncing between multiple parishes just to participate in school, sports leagues, scouts, and other church activities.Some of the smaller parishes are still resisting the consolidation, with attendees of those churches saying they don't want to lose their small, tight-knit community.