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Energy stocks help lift S&P/TSX composite Tuesday, U.S. stocks also rise

Published Wed, 26 Feb 2025 05:40:04 GMT

TORONTO — Gains in energy stocks helped buoy Canada’s main stock index Tuesday, while U.S. markets also rose, as investors in both countries await big economic news Wednesday.Trading on Tuesday was the calm before the storm, with markets ticking upwards ahead of inflation data to be released in the U.S. and a central bank meeting in Canada, said Anish Chopra, managing director with Portfolio Management Corp.The S&P/TSX composite index was up 56.11 points at 19,878.56.In New York, the Dow Jones industrial average was up 317.02 points at 34,261.42. The S&P 500 index was up 29.73 points at 4,439.26,while the Nasdaq composite was up 75.22 points at 13,760.70.Wednesday will see the latest inflation print in the U.S., ahead of the Federal Reserve’s next interest rate decision later in July.“It’s another data point for them to think about before their meeting,” said Chopra.Economists expect inflation will have continued to moderate, but it’s not the only thing the central ban...

Stock market today: Wall Street gets a late push ahead of inflation data; Activision Blizzard jumps

Published Wed, 26 Feb 2025 05:40:04 GMT

NEW YORK (AP) — Stocks climbed Tuesday as Wall Street prepared for an upcoming update on inflation that will hopefully show a smaller increase in pain for everyone. The S&P 500 rose 29.73, or 0.7%, to 4,439.26. The Dow Jones Industrial Average gained 317.02 points, or 0.9%, to 34,261.42, and the Nasdaq composite added 75.22, or 0.5%, to 13,760.70.Activision Blizzard jumped 10% for one of the market’s larger gains after a judge ruled Microsoft could move forward on its $69 billion takeover of the video game maker. Salesforce was the biggest force driving the Dow after climbing 3.9% on price increases announced for its products. Amazon also pushed the market upward and rose 1.3% on the first day of its annual Prime Day sales event. Much of Wall Street’s gains for the day came at the end of trading, with about a third of the S&P 500’s rise happening in the final 20 minutes. The week’s main event will arrive Wednesday, when the U.S. government will offer the la...

Man takes woman hostage in hotel room at Caesars casino, Las Vegas police say

Published Wed, 26 Feb 2025 05:40:04 GMT

LAS VEGAS (AP) — A man has taken a woman hostage inside the Caesars Palace Hotel & Casino, Las Vegas police said Tuesday.The man pulled the woman into a hotel room around 9:15 a.m., police spokesman Capt. Steve Connell said. A chair and other items were thrown out a broken window and landed in the pool area below, he said. Officers have secured the area outside the room, Connell said. No shots have been fired, and it’s not clear if the man is armed.Broken glass and furniture fell intermittently for about an hour from a window of the Palace Tower, said Associated Press writer John Marshall, who was on vacation with family. A hotel desk employee said the hostage was taken on the 21st floor and guests on other floors were not evacuated or restricted from movements, said Marshall, whose room is on the fifth floor.“It looks like he’s pretty much emptied the room of furniture,” Marshall said of the man barricaded upstairs. Marshall said seat cushions, a chair and other items hit a led...

Showers, thunderstorms continue through weekend

Published Wed, 26 Feb 2025 05:40:04 GMT

UPDATE: The National Weather Service in Chicago has issued a Flood Advisory until 6:15 p.m. Tuesday evening.The National Weather Service said a severe thunderstorm was located moving southeast over Burbank. Quarter-sized hail and 70 mph wind gusts are possible.Original story:CHICAGO — Sun and clouds Tuesday with a chance of isolated showers and thunderstorms. Air quality is in the Good category. Winds: WSW/NNE 5-15 mph. High 85/82 lakeside.Increasing clouds tonighy. Rain/t-storms return overnight. Winds: ENE 10-15 mph. Low 66. Interactive Radar: Track showers and storm here Tuesday, July 11HIGH: 88 LOW: 67Increasing cloudiness, breezy, quite warm, more humid. Scattered showers and thunderstorms develop over 40% of the metro area. High 89, but temperatures falling into the 70s by late afternoon, especially along the lake. Southwest winds shift to the north/northeast 6-15 mph. High: 88.Tuesday NightCloudy, humid with scattered showers and thunderstorms impacting at least half the me...

Northwestern's football coaching & support staff will remain with the program

Published Wed, 26 Feb 2025 05:40:04 GMT

EVANSTON, Ill. — While Pat Fitzgerald won't return to the Northwestern football program in the wake of a hazing scandal, the members of his staff will remain.On Tuesday afternoon, the school confirmed that the former head coach's assistants and support staff will be retained for the 2023 season. Per Northwestern, they were informed about their status by athletic director Dr. Derrick Gragg on Tuesday.On the Wildcats' website, there are 15 assistant coaches & graduate assistants that are currently on staff. It's been reported by a few outlets that defensive coordinator David Braun, who just joined the staff from North Dakota State this offseason, will be named the acting coach in Fitzgerald's place. Group of Northwestern faculty asks for delay in Ryan Field renovations due to hazing scandal There are also 18 members of the support staff listed on the website as well. Northwestern is likely to begin its preseason practices in early August with their season opener against Rutgers ...

Arrest made in shooting death of 9-year-old attending birthday party in Franklin Park

Published Wed, 26 Feb 2025 05:40:04 GMT

FRANKLIN PARK, Ill. — A arrest has been made in the fatal shooting of a 9-year-old boy from Chicago who police say was shot and killed while attending his grandmother’s 70th birthday party in Franklin Park over the weekend. Javier Murillo, 37, of Melrose Park is charged with first-degree murder following the July 8 death of Ulysses Campos. Baby boy found dead inside South Side residence According to police, around 10:15 p.m., Ulysses was playing near an alley in the 2800 block of Elder Lane when a disturbance occurred. Shots were fired from a moving vehicle and Ulysses was hit in the chest.Ulysses CamposOnce first responders arrived, Ulysses was taken to Loyola Hospital in Maywood, where he was pronounced dead, just two weeks shy of his 10th birthday.Read more: Latest Chicago news headlinesFamily members described Campos as a loving and caring boy with an infectious smile. Murillo is set to go before a judge in bond court on Wednesday.This is a developing story. Check back for up...

4 Starbucks employees hospitalized after gas leak at California airport

Published Wed, 26 Feb 2025 05:40:04 GMT

FRESNO, Calif. (KSEE/KGPE) – Four Starbucks employees at a California airport were transported to a hospital after a HAZMAT incident on Tuesday morning, according to the Fresno Fire Department.The victims were working at a Starbucks location behind the TSA security checkpoint at the Fresno Yosemite International Airport. Emergency crews responded around 8 a.m. on Tuesday morning following reports of the employees experiencing nausea and lightheadedness. One of the workers fainted, officials said.When crews arrived, they isolated and monitored the scene until the cause of the issue was determined, Fresno Fire Department Battalion Chief William Veiga said. Plane crashes into hangar at Long Beach Airport, pilot survives Early assessments pointed to a leak of hydrogen sulfide, more commonly known as freon, said Veiga.Airport operations were not affected by the incident. Officials said there was no further danger to anyone at the airport."The scene is safe and secure and the airp...

Advocates urge Congress to reauthorize diabetes program

Published Wed, 26 Feb 2025 05:40:04 GMT

WASHINGTON (NEXSTAR) — Diabetes research was front and center on Capitol Hill Tuesday.Advocates from across the country, including children living with the disease, testified before Congress, demanding more funding for research."The diabetes community needs your help,” said Elise Cataldo, a diabetic. “Life with diabetes is the only life I've ever known."Fifteen-year-old Cataldo was diagnosed with Type 1 diabetes at just 18 months old."It effects every decision I make,” said Cataldo.She said thanks to innovations like glucose monitors, she and millions of others can live an almost normal life."We're making progress but we must do more,” said Aaron J. Kowalski, CEO of the Juvenile Diabetes Research Foundation. Schumer puts insulin, prescription drug reform, Supreme Court ethics on July agenda  At Tuesday's Senate hearing, advocates urged Congress to reauthorize the special diabetes program.Dr. Griffin Rodgers heads the nation's diabetes research center. He said the funding, along wi...

Manson follower Leslie Van Houten released from California prison

Published Wed, 26 Feb 2025 05:40:04 GMT

LOS ANGELES (AP) — Charles Manson follower Leslie Van Houten walked out of a California prison Tuesday after serving more than 50 years of a life sentence for her participation in two infamous murders.Van Houten “was released to parole supervision,” the California Department of Corrections and Rehabilitation said in a statement.She left the California Institution for Women in Corona, east of Los Angeles, in the early morning hours and was driven to transitional housing, her attorney Nancy Tetreault said. Are your old CDs worth anything to collectors? “She’s still trying to get used to the idea that this real,” Tetreault told The Associated Press.Days earlier Gov. Gavin Newsom announced he would not fight a state appeals court ruling that Van Houten should be granted parole. He said it was unlikely the state Supreme Court would consider an appeal.FILE - Leslie Van Houten is shown in a Los Angeles lockup on March 29, 1971. The Charles Manson follower has been released from a Califor...

Rosemount breaks ground on long-awaited fitness center, eyes economic development

Published Wed, 26 Feb 2025 05:40:04 GMT

After more than 10 years of planning, the city of Rosemount broke ground Tuesday on a new membership-based fitness center that will span more than 100,000 square feet.The Life Time athletic country club will be situated near the corner of Akron Avenue and County Road 42 in Rosemount and feature traditional fitness equipment in addition to a spa, cafe and swimming pools, said Parham Javaheri, the chief property development officer at Life Time.“In my opinion, there is nothing left to the imagination,” Javaheri said of the facility, which will also have group fitness classes, a kids camp and four outdoor pickleball courts.An indoor recreation space has been a long-held dream for many Rosemount residents, Mayor Jeff Weisensel said. The desire for a fitness center became apparent in 2012, he said, with the city’s residents valuing personal health and fitness.“Having a facility like this allows our residents to have an opportunity to take care of their health and wellness,” Weisensel sai...