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RBC reports $3.87B Q3 profit, up from $3.58B a year ago, looks to trim jobs

Published Wed, 26 Feb 2025 01:45:43 GMT

TORONTO — Royal Bank of Canada reported its third-quarter profit rose compared with a year ago and said it remained focused on reducing costs and expected to continue to trim jobs.The bank says its number of full-time equivalent employees was down one per cent from last quarter and that it expects to further reduce it by about one to two per cent next quarter. RBC had 93,753 full-time equivalent employees in its most recent quarter.The bank reported its net income amounted to $3.87 billion or $2.73 per diluted share for the quarter ended July 31, up from $3.58 billion or $2.51 per diluted share in the same quarter last year. Revenue totalled $14.49 billion, up from $12.13 billion a year earlier.Provisions for credit losses amounted to $616 million, up from $340 million in the same quarter last year.On an adjusted basis, RBC says it earned $2.84 per diluted share in its latest quarter, up from $2.55 a year earlier.The average analyst estimate had been for a profit of $2.71 per share,...

Hospital services in the UK come to a standstill as thousands of senior doctors strike again

Published Wed, 26 Feb 2025 01:45:43 GMT

LONDON (AP) — Hospital care across England is expected to come to a standstill on Thursday as senior doctors launch another 48-hour strike amid an ongoing pay dispute between medics and the British government. Thousands of hospital doctors say they will only provide emergency care, and the National Health Service warned patients to expect major disruption during the two-day strike.Thursday’s action is the latest in a series of strikes staged by doctors, nurses and other clinical staff in recent months and part of a wave of disruptive industrial action by public sector workers to demand better pay amid the U.K.’s cost-of-living crisis.Julian Hartley, chief executive of NHS Providers, said the latest walkouts are a “massive headache” for the public health service because they are timed just before the late August three-day public holiday weekend, when demand at hospital emergency departments is typically higher. That means many services will in effect be out of action for ...

Trump set to surrender at Georgia jail on charges he sought to overturn 2020 election

Published Wed, 26 Feb 2025 01:45:43 GMT

Donald Trump is set to surrender Thursday to authorities in Georgia on charges that he schemed to overturn the 2020 election in that state, a booking process expected to yield a historic first: a mug shot of a former American president.Trump’s arrival follows a presidential debate featuring his leading rivals for the 2024 Republican nomination, a contest in which he remains the leading candidate despite accelerating legal troubles. His presence in the state, though likely brief, is expected to swipe the spotlight at least temporarily from his opponents in the aftermath of a debate in which other candidates sought to seize on his absence to elevate their own presidential prospects.The Fulton County prosecution is the fourth criminal case against Trump since March, when he became the first former president in U.S. history to be indicted. Since then, he’s faced federal charges in Florida and Washington, and this month he was indicted in Atlanta with 18 others — including hi...

Excessive Heat Warning remains in effect as dangerous temps continue across Chicago area

Published Wed, 26 Feb 2025 01:45:43 GMT

CHICAGO — An Excessive Heat Warning remains in effect across until 8 p.m. Thursday as dangerous conditions continue across the Chicago area.Potential for record-high temperatures are expected, with a heat index even higher than Wednesday. The City of Chicago Office of Emergency Management and Communications is advising residents to stay indoors if possible and to be prepared for the hot weather.Chicago cooling centers are open to help residents stay safe and cool.Temps will reach 100 degrees in most parts, with feel-like temps around 105-116 degrees. Mostly humid and sunny conditions are in the forecast along with a 20 percent storm chance. Interactive Radar: Track showers and storm here CPS has activated its Heat Action Plan and has urged teachers to keep rooms cool by drawing shades and turning off unused computers. CPS will also hold recess and physical education indoors. Partly cloudy conditions Thursday night with a 20 percent storm chance. Winds: NNE...

What to expect at Trump's surrender in Georgia

Published Wed, 26 Feb 2025 01:45:43 GMT

Former President Trump plans to surrender in Atlanta on Thursday after being indicted on 13 counts stemming from his efforts to overturn the 2020 election in Georgia. Reports suggest he’s eyeing the prime time evening hour to do so in order to maximize media coverage, which has so far been beneficial to his GOP run for president, according to polls of likely Republican voters who believe the charges against him are politically motivated. Trump has denied any wrongdoing. Unlike his previous three surrenders, Trump won’t be immediately arraigned after he is processed at the Fulton County jail and he also is likely to take a mugshot before being released. Here’s what to expect at Trump’s surrender.Will Trump get a mugshot?Marking a change from his previous surrenders, Trump is likely to have a mugshot taken upon arrival at the Fulton County jail.Just prior to Trump’s indictment, Fulton County Sheriff Pat Labat reportedly suggested that mugshots would be taken of Trump an...

POLLS CLOSED: Anderson wins 2023 Taco Shack Bowl spirit competition against McCallum

Published Wed, 26 Feb 2025 01:45:43 GMT

AUSTIN (KXAN) — Pour the salsa and season the beef, it's Taco Shack Bowl spirit competition time!The 22nd annual rivalry game featuring Anderson and McCallum kicks off at 7:30 p.m. Thursday from House Park. But before the game on the gridiron, the spirit competition pits the cheer squads from both schools in an old-fashioned cheer-off with early-morning pep rallies at two Taco Shack locations on North Lamar Boulevard and West Anderson Lane.MORE THAN THE SCORE: Stay up to date on sports stories like these, and sign up for our More than the Score sports newsletter at kxan.com/newslettersThe schools decorated their respective Taco Shack locations in school colors Wednesday.You, the fans, got to decide the winner of the spirit competition. A total of 27,842 people voted in the poll. Anderson pulled in 50.5% of the vote, with 14,477 submissions. McCallum got 14,163 votes. Last year's poll was a nail-biter, with McCallum winning by 17 votes.KXAN was at both locations Thursday morning duri...

MCA scores show students still struggling academically post-pandemic

Published Wed, 26 Feb 2025 01:45:43 GMT

Minnesota students still have not recovered academically from the learning they lost during the coronavirus pandemic when classes moved online, according to the latest results from state proficiency tests.Results from the Minnesota Comprehensive Assessments, or MCAs, released Thursday by the state Department of Education show fewer than half of public school students are meeting grade-level benchmarks in reading, math and science.Overall, math scores saw a modest 0.7 percentage point uptick with 45.5 percent of students meeting grade-level proficiency measures. Reading scores continued to slide, dropping 1.2 percentage points since last year, with just under 50 percent of students meeting standards.Science proficiency also fell, dropping 2.1 percentage points from the prior year with just 39.2 percent of students now meeting or exceeding standards.“These statewide assessment results reinforce what we and other states around the country already know — our students, families, sc...

International Institute of Minnesota cancels Festival of Nations — permanently

Published Wed, 26 Feb 2025 01:45:43 GMT

Kitty Gogins began attending the Festival of Nations as an infant, when her parents, both Hungarian refugees, joined in the planning and pageantry around St. Paul’s signature celebration of the state’s many immigrant traditions.As a teen she embraced and showcased her family’s culture by participating in Hungarian dancing at the festival. And as an adult, she introduced the festival and its food vendors to her own children, who were happy to see the tradition — which launched in 1932 as a street fair — continue even as the annual four-day gathering moved indoors to the city’s downtown RiverCentre.But as chair of the International Institute of Minnesota’s festival committee, Gogins recently came to a different conclusion entirely, one she calls little short of heartbreaking.Following years of soul searching and financial review, the board of the St. Paul-based institute voted this summer to cancel the Festival of Nations permanently. The deci...

Traffic stop leads to gun arrest for Albany man

Published Wed, 26 Feb 2025 01:45:43 GMT

ALBANY, N.Y. (NEWS10) -- A traffic stop in Albany led to the arrest of an Albany man on felony gun charges. Nazair Joseph, 23, faces several charges. Get the latest news, weather, sports and entertainment delivered right to your inbox! On Wednesday, around 9:18 p.m., Albany County Sheriff's Office deputies tried pulling over a car near Second Avenue at O'Connell Street for vehicle and traffic violations. Deputies say the car fled the area, leading them on a short chase until the driver got out and ran from them.The driver, identified as Joseph, was taken into custody on Russell Sage College property. Through an investigation, deputies say they found a loaded Taurus 9mm handgun inside the car. Deputies also say Joseph was currently released from custody on a $50,000 bail bond for illegal gun possession out of Troy.Image of gun found via Albany County Sheriff's Office Albany International Airport to host Fear of Flying class Charges:Second-degree criminal possession of a weaponTh...

5 things to know this Thursday, August 24

Published Wed, 26 Feb 2025 01:45:43 GMT

ALBANY, N.Y. (NEWS10) -- Happy almost Friday! According to Meteorologist Jill Szwed, we can expect some showers after the two beautiful days we enjoyed on Tuesday and Wednesday. Get the latest news, weather, sports and entertainment delivered right to your inbox! Nauman Hussian is asking to be released on bail while he appeals the outcome of his trial. He was convicted in May for manslaughter in the 2018 Schoharie limousine crash. Meanwhile, police are reporting a New York woman died after the two-vehicle car crash in Bennington on Tuesday. These stories, and more, are covered in your five things to know this Thursday morning. 1. Hussain to request bail during appeal processAccording to the Times Union, Nauman Hussian is asking to be released on bail while he appeals the outcome of his trial. He was convicted in May for manslaughter in the 2018 Schoharie limousine crash.2. New York woman dies after Route 279 crash in BenningtonA New York woman has died after a two-v...