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Air Canada reports Q1 revenue nearly doubled compared with a year ago

Published Wed, 26 Feb 2025 04:29:06 GMT

MONTREAL — Air Canada reported its first-quarter revenue nearly doubled compared with a year ago, boosted by strong demand.Air Canada chief executive Michael Rousseau says the financial results exceeded both internal and external expectations and that the airline expects demand to persist, supported by strong advance bookings for the remainder of the year.The airline reported net income of $4 million for the quarter ended March 31, up from a loss of $974 million in the same quarter last year.Revenue totalled $4.89 billion, up from $2.57 billion in the first three months of 2022.On an adjusted basis, Air Canada says it lost 53 cents per diluted share in its latest quarter compared with an adjusted loss of $2.09 per diluted share a year earlier.The average analyst estimate had been for an adjusted loss of 74 cents per share and $4.35 billion in revenue, according to estimates compiled by financial markets data firm Refinitiv.This report by The Canadian Press was first published May 12...

FIFA fund for unpaid wages helps 225 players at clubs in Portugal and Greece

Published Wed, 26 Feb 2025 04:29:06 GMT

ZURICH (AP) — A FIFA fund to compensate for unpaid wages helped 225 players in the latest round of payments, including 61 in Portugal and 50 in Greece, the governing body of soccer said Friday.The $16 million FIFA Fund for Football Players was created in 2020 with the FIFPRO player union. Some clubs were suspected of closing down to avoid paying salaries and then re-started anew as a “phoenix” operation.FIFA allocated $4 million to applications for financial help from the 2021 calendar year.The payments included 22 for players from Greek club Doxa Drama, plus 19 from CD Aves and 18 from Uniao da Madeira in Portugal.Cases in China came from Shanghai Shenxin, Beijing Renhe, Taizhou Yuanda and Guangdong South China Tiger.“Given that it’s deeply frustrating for players not to receive their salaries, we’re pleased that the FIFA (fund) is again providing them with a safety net to ensure that they receive part of what they are owed,” FIFPRO legal director Roy Vermeer said in a statement.FI...

Woman found shot to death in South Side house fire

Published Wed, 26 Feb 2025 04:29:06 GMT

CHICAGO — A woman was found fatally shot in the head in a house fire in the city's Englewood neighborhood.According to police, officers on patrol came across a small fire on the side of a house in the 6400 block of South Damen around 12:45 a.m. Friday. Police then requested the help of the Chicago Fire Department.As emergency crews conducted a search, they discovered an unresponsive 32-year-old woman in the rear of the property with a gun shot wound in the back of the head.She was transported to the University of Chicago Medical Center where she was pronounced dead.No word on what may have caused the fire.No one is in custody. Area One detectives are investigating the incident as a homicide.

Friday Forecast: Scattered showers with possible thunderstorms

Published Wed, 26 Feb 2025 04:29:06 GMT

Friday: Mainly cloudy, cooler lakeside, 60% showers/storm, ESE 5-10. High: 73, Low: 67Chicago Area Radar | WGN TVFriday Night: Mainly cloudy, rain/storms, NE 5-10. Low: 56Chicago Weather | Tom Skilling and the WGN Weather Center's Forecast (wgntv.com)Saturday's forecast is looking mainly cloudy, 20% shower chance, cooler lakeside, ENE 5-10 G20. High: 70, Low: 627DAY wgntv.com/weather

Car hits train after chase, driver dies; traffic delays expected

Published Wed, 26 Feb 2025 04:29:06 GMT

AUSTIN (KXAN) – Austin Police said the driver of a car that hit a train Friday morning in east Austin following a chase between police has died. Officials believed the chase was with a suspected drunk driver.According to police, officers attempted to stop the driver at East Seventh and Neches Streets at 2:36 a.m. but the driver took off. The driver then hit the train at the crossing of Seventh Street and Northwestern Avenue. That's just west of Pleasant Valley Road. According to Austin Travis County EMS, paramedics took the patient to the hospital. ATCEMS said the patient had critical injuries but later died.Austin Police said both directions of Seventh Street were closed as of 3 a.m.APD also said train crossings at 6th Street at Northwestern, 7th and Northwestern and Webberville and Northwestern would be blocked.CapMetro said it was expecting rails delays Friday morning due to the crash being on its tracks."Bus bridge will assist customers between MLK and Downtown stations," CapMet...

ALERT: Severe storms, flash flooding risk begins tonight

Published Wed, 26 Feb 2025 04:29:06 GMT

AUSTIN (KXAN) -- Impactful weather bringing the threat for severe storms and, more significantly, flash flooding looks set to begin as early as late Friday afternoon and continuing through the weekend into early next week.FRIDAY (DAYTIME)Today starts with a mainly cloudy sky and a few pockets of light rain. Isolated storms are possible late afternoon through evening, but coverage will be few and far between to start. NEW BLOG: HOW TO PREPARE FOR FLASH FLOODING Our main concerns with any isolated severe storms would be large hail and damaging winds coming ahead of our main round of heavy and widespread rain much later at night.Slight risk (2 out of 5) for severe storms late Friday into early SaturdayA Flood Watch has been issued for all of Central Texas beginning 7 p.m. Friday through Saturday 8 p.m. with the potential this could get extended into Sunday. A Flood Watch means conditions are favorable for flash flooding or stream, creek or river flooding during the watch period.Flood...

Following up on the Texas bills that might make you say ‘huh?’

Published Wed, 26 Feb 2025 04:29:06 GMT

AUSTIN (KXAN) – Last November, KXAN perused the new bills pre-filed by Texas legislators and pulled four that we thought were peculiar. With the end of the 89th legislative session nearing, we wanted to update you on how they are doing.Pregnant women can drive in High Occupancy Vehicle lanes In July 2022, an officer pulled over a pregnant woman for driving in an HOV lane without a passenger. She fought the citation because she argued her unborn fetus should count as another passenger.“I said, ‘Well, not trying to throw a political mix here, but with everything going on, this counts as a baby,’” Brandy Bottone told a Dallas station, referring to the recent Supreme Court decision to overturn Roe v. Wade.This story got national attention, and a few months later, two Texas lawmakers filed duplicate bills (HB 1744 and HB 521) to allow pregnant women to drive in HOV lanes with only their unborn fetuses.After Texas Rep. Briscoe Cain, R-Deer Park, filed HB 521, nearly 60 of Bricoe’s Re...

5 things to know this Friday, May 12

Published Wed, 26 Feb 2025 04:29:06 GMT

ALBANY, N.Y. (NEWS10) — The great Bob Marley once sang, "Sun is shining, the weather is sweet. Make you want to move your dancing feet." The tune could not fit this Friday any better—Meteorologists Matt Mackie and Jill Szwed went so far as to say, it will feel like summer! Get the latest, news, weather, sports and community events delivered right to your inbox! A small plane crashed Thursday afternoon at the South Albany Airport. Meanwhile, the CDTA finalized plans to expand its service into Warren County. The details top today's five things to know. 1. Small plane crashes at South Albany AirportThree people were injured after a plane crashed at the South Albany Airport in Selkirk on Thursday. The crash took place around 3:40 p.m. Small plane crashes at South Albany Airport 2. CDTA to officially take over Glens Falls busesBuses are busy work, and soon, Glens Falls’ bus system will get a hand. On Thursday, the Capital District Transit Authority (CDTA) formalized a merger with Gr...

MSD Plans $900M wastewater treatment plant upgrades

Published Wed, 26 Feb 2025 04:29:06 GMT

ST. LOUIS -- MSD has clear plans to upgrade its wastewater treatment plants. Customers will pay for part of the 900 million-dollar project. Incinerators at the Bissel and Lemay wastewater treatment plants are about 50 years old and can no longer keep up with state and federal emissions regulations. Project Clear says those incinerators need the new upgrade in order to reduce carbon emissions from landfills and trucks. Officials say the new upgrades reduce emissions by 70 percent. Construction on a new plant should start by the end of the year.

Biden mandates 90% cut in power plant emissions

Published Wed, 26 Feb 2025 04:29:06 GMT

ST. LOUIS -- The Biden administration has announced new regulations on power plants. The Environmental Protection Agency says it will limit carbon emissions from existing coal and gas plants by forcing them to cut their greenhouse gas output by as much as 90 percent or face closure. The new rule impacts plants that generate about a quarter of U.S. greenhouse gases. It is based on an e-p-a proposal to make two-thirds. Of passenger vehicles, electric or zero-carbon, by 2032. But some lawmakers claim America simply can't afford it. They say the rule could impact the reliability of America's electrical grid and lead to higher energy costs.