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S&P/TSX composite down more than 300 points, U.S. stock markets also retreat

Published Wed, 26 Feb 2025 04:28:35 GMT

TORONTO — Canada’s main stock index was down more than 300 points in late-morning trading in a broad-based move lower, while U.S. stock markets also retreated after China unexpectedly cut a key interest rate.The S&P/TSX composite index was down 305.15 points at 19,985.39.In New York, the Dow Jones industrial average was down 275.77 points at 35,031.86. The S&P 500 index was down 36.60 points at 4,453.12, while the Nasdaq composite was down 102.14 points at 13,686.19.The Canadian dollar traded for 74.17 cents US compared with 74.29 cents US on Monday.The September crude contract was down US$1.48 at US$81.03 per barrel and the September natural gas contract was down 14 cents at US$2.66 per mmBTU.The December gold contract was down US$3.40 at US$1,940.60 an ounce and the September copper contract was down five cents at US$3.68 a pound.This report by The Canadian Press was first published Aug. 15, 2023.Companies in this story: (TSX:GSPTSE, TSX:CADUSD=X)The Canadian Press

Motorcyclist seriously injured in multi-vehicle crash in Markham

Published Wed, 26 Feb 2025 04:28:35 GMT

A motorcyclist is in hospital with serious injuries following a crash involving another vehicle in Markham.Emergency crews were called to Bayview Avenue and Willowbrook Road around 10:15 a.m. Tuesday for reports of a multi-vehicle crash.Police say a vehicle and motorcycle were involved.A male motorcyclist was rushed to hospital with serious injuries. Police say he was conscious and breathing when paramedics arrived.The York Regional Police major collisions unit is investigating.Bayview is closed in both directions from Willowbrook to Langstaff Road for the investigation.ROAD CLOSURE/COLLISION: Bayview Ave / Romfield Circuit, Markham Police/Fire/EMS are at scene for MVC involving a vehicle and motorcycle – 10:13 hrs – one person transported to hospital – Bayview Ave closed from Willowbrook Rd to Langstaff Rd— York Regional Police (@YRP) August 15, 2023

Trial to begin for 2 white Mississippi men charged with shooting at Black FedEx driver

Published Wed, 26 Feb 2025 04:28:35 GMT

JACKSON, Miss. (AP) — A trial is set to begin Tuesday for two white men in Mississippi who are accused of chasing and shooting at a Black FedEx driver who had dropped off a package at a home.Brandon Case and his father, Gregory Charles Case, were indicted in November on charges of attempted first-degree murder, conspiracy and shooting into the vehicle of D’Monterrio Gibson in January 2022. Gibson, who was 24 at the time, was not injured. But the chase and gunfire led to complaints on social media of racism in Brookhaven, about 55 miles (90 kilometers) south of the state capital, Jackson. The trial will take place in Brookhaven.During a news conference days after the confrontation, Gibson said he was wearing a FedEx uniform and driving an unmarked van FedEx had rented when he dropped off a package at a house. He said that as he was leaving, he noticed a white pickup truck pulling away from another house on the same large lot.Gibson said the pickup driver tried to cut him off as he le...

Former Maple Leafs defenceman Bobby Baun dead at age 86

Published Wed, 26 Feb 2025 04:28:35 GMT

Bobby Baun, who scored one of the most famous goals in Toronto Maple Leafs history, has died, the NHL Alumni Association confirmed Tuesday. He was 86.The defenceman returned to the ice in Game 6 of the 1964 Stanley Cup Final after breaking his ankle while blocking a Gordie Howe shot in the third period and scored the overtime winner against the Detroit Red Wings.Baun needed a stretcher to get off the ice after suffering the injury.Remembering Bob Baun and his legendary Stanley Cup Finals performance ????#NHLAlumni | #LeafsForever (????: @Sportsnet) pic.twitter.com/SVN3yVLISZ— NHL Alumni (@NHLAlumni) August 15, 2023The Leafs went on to win the Cup in Game 7.A native of Lanigan, Sask., Baun played for the Leafs from 1956-1967 and 1970-73 before his NHL career came to an end. He was a member of four Stanley Cup-winning Maple Leafs teams, including the club’s most recent championship year in 1967.Baun also played for the Oakland Seals and Red Wings.Baun is a member of the On...

July home sales see largest annual rise in two years: CREA

Published Wed, 26 Feb 2025 04:28:35 GMT

July home sales saw the largest year-over-year increase in more than two years, but were little changed from June, the Canadian Real Estate Association said Tuesday.On a non-seasonally adjusted basis, sales edged up 8.7 per cent from the prior July to 41,186.Seasonally-adjusted sales amounted to 40,028, a 0.7 per cent drop from June. Sales were up in July in more than half of all local markets, but a decline in the Greater Toronto Area, a typically hot housing market, tipped the national figure “slightly negative,” CREA said.The association has seen signs of stabilizing across the national housing market since May as prospective buyers acclimatize to a higher interest rate environment than many were anticipating.“July continued along the same trend we’ve seen emerge in recent months, with sales levelling off and new listings returning in more normal numbers,” Larry Cerqua, CREA’s chair, said in a press release.“This has been giving buyers more choice and balancing ...

Here are a few facts about taking naps

Published Wed, 26 Feb 2025 04:28:35 GMT

CHICAGO — Who doesn't like a good nap when you're feeling a little tired?We were thinking the same thing on the WGN Morning News when we were thinking about a segment for the "9@9" on Tuesday morning. So we featured a few Pew Research polls on the subject as we looked at home many adults actually take naps and how long they should be. That was one of a few topics that the hosts discussed during the segment, including "The Rizz," death meditation, "girl math," "man bags," what people call soda in different parts of the county, and more. You can watch the entire "9@9" from the August 15 WGN Morning News in the video above.Love the WGN Morning News? We love you, too. And you can have all the hijinks delivered to your inbox every weekday morning. Sign up and subscribe to our WGN Morning News newsletter.

Christie pulls ahead of DeSantis in New Hampshire GOP primary: poll

Published Wed, 26 Feb 2025 04:28:35 GMT

(The Hill) -- Former New Jersey Gov. Chris Christie (R) has surpassed Florida Gov. Ron DeSantis (R) in the critical early presidential primary state of New Hampshire, according to a new Emerson College survey released on Tuesday. Christie leapfrogged DeSantis's second place in the Granite State, garnering nine percent support. DeSantis's support, on the other hand fell to eight percent from 17 percent in March. Christie's one-point lead over DeSantis falls within the poll's plus or minus 3.4 percent margin of error. “DeSantis has been the alternative to Trump in Emerson polling this presidential cycle. This is the first time we have seen DeSantis drop out of second place in our polling, and fall back into the pack of candidates,” said Spencer Kimball, the executive director of Emerson College Polling. Christie's campaign has maintained an intense focus on New Hampshire, while DeSantis's team has prioritized Iowa. However, DeSantis has still made a number of trips to the Granite...

What's on the line in Cubs-White Sox City Series No. 2 in 2023

Published Wed, 26 Feb 2025 04:28:35 GMT

CHICAGO — While the teams are headed in opposite directions this season, there is still something on the line for each Chicago team as they meet for a second time.As the Cubs host the White Sox for another two-game City Series starting on Tuesday, they'll be looking to win a series against their rival for the first time in a few years. Meanwhile, the struggling south siders are hoping to retain possession of the "Crosstown Cup" if they can pull off a sweep against their north side foes.(Photo by Michael Reaves/Getty Images)Thanks to a pair of wins on July 25 & 26 over the White Sox at Guaranteed Rate Field, the Cubs have the opportunity to end a few streaks with a strong performance at Wrigley Field the next two days. With just a win, they'll capture their first overall City Series win over the south siders since 2018, when they took 4-of-6 games from the White Sox. If they manage to win both games, they'll complete just the third sweep in a match-up of Chicago's MLB teams since...

Austin pizzeria raises money for Hawaii wildfire victims

Published Wed, 26 Feb 2025 04:28:35 GMT

AUSTIN (KXAN) -- Tragic wildfires in Hawaii have inspired the help of people from all over, including right here in Central Texas. Roppolo's Pizzeria held a fundraiser, devoting 20% of Monday's sales to the relief funds for victims of the fires. The owner, Marc Roppolo, told KXAN he has friends living in Maui, and seeing the devastation firsthand inspired him to reach out. Roppolo also wants to inspire others to unify and give back as well. How — and when — is best to donate to those affected by the Maui wildfires? The fires that swept through Lahaina last week destroyed nearly every building in the town of 13,000, the Associated Press reported. According to AP, the Red Cross said 575 evacuees were spread across five shelters on Monday, including the War Memorial Gymnasium in Wailuku. More than 3,000 people have registered for federal assistance, according to the Federal Emergency Management Agency, and that number was expected to grow, AP reported. The death toll was at least 99...

Austin mayor, Texas land commissioner to make 'historic announcement' Tuesday

Published Wed, 26 Feb 2025 04:28:35 GMT

AUSTIN (KXAN) -- Austin Mayor Kirk Watson and Texas Land Commissioner Dawn Buckingham are set to make a "historic announcement" in a joint press conference Tuesday morning.The conference will be held at the William P. Hobby Jr. State Office Building, located at 333 Guadalupe St. in Austin at 11:30 a.m.Details surrounding the announcement are limited at this time.The conference will be live-streamed in this story and on the KXAN Facebook page. This is a developing story. Check back for updates.