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George Weston reports Q3 profit down from year ago on one-time charges

Published Wed, 26 Feb 2025 00:14:50 GMT

TORONTO — George Weston Ltd. reported its third-quarter profit fell compared with a year ago as it was hit by one-time charges driven by its stake in Choice Properties Real Estate Investment Trust.The company says its net earnings available to common shareholders from continuing operations totalled $610 million or $4.41 per diluted share for the quarter ended Oct. 7, down from $889 million or $6.14 per diluted share a year earlier.George Weston says the decrease was due to the unfavourable year-over-year net impact of adjusting items, primarily driven by a fair value adjustment on investment properties.Revenue totalled $18.41 billion for the quarter, up from $17.52 billion in the same quarter last year.On an adjusted basis, George Weston says it earned $3.36 per diluted share from continuing operations in its latest quarter, up from an adjusted profit of $3.12 per diluted share a year earlier.George Weston owns a majority stake in Loblaw Cos. Ltd. and a large stake in Choice Propert...

Evanston approves Northwestern football stadium rebuild

Published Wed, 26 Feb 2025 00:14:50 GMT

EVANSTON, Ill. — The Evanston City Council has voted to move forward with the controversial rezoning and rebuilding of Northwestern's Ryan Field.The mayor of Evanston ended up becoming the deciding vote to approve the new stadium project.The project is estimated to cost $800 million.Northwestern offered up a benefits package to Evanston that is worth around $175 million over 15 years.The money is expected to be paid out annually and will go towards things like the Good Neighbor Fund, racial equity programs and financial aid for Evanston students looking to attend Northwestern University. Sony to bring immersive indoor theme park to Oakbrook Center After Monday night's vote, the school released a statement saying: This decision marks a pivotal moment for Northwestern and the city of Evanston. We're embarking on a journey that promises not just a state of the art stadium, but also a beacon of cultural and economic vitality. This project is a testament to our shared vision of progres...

92-year-old man in custody after shooting woman inside South Side home

Published Wed, 26 Feb 2025 00:14:50 GMT

CHICAGO — A 92-year-old man was taken into custody after he shot a woman on the city's South Side.The shooting happened around 10 p.m. Monday in the 5800 block of South Aberdeen in the Englewood neighborhood. Police said the 42-year-old woman was inside a residence when she was shot in the right arm by the 92-year-old man.The woman was transported to the University of Chicago Hospital in good condition.According to police, the man was taken into custody and multiple firearms were recovered on the scene. Glendale Heights officer kills wife in apparent murder-suicide Area One Detectives are investigating.

Gas prices could hit lowest Thanksgiving level in years

Published Wed, 26 Feb 2025 00:14:50 GMT

(The Hill) - The national average of gas prices could drop to the lowest level around Thanksgiving in years, according to new estimates. On Monday, AAA reported that the average national price of gas was about $3.31 per gallon — nearly a 10 percent decrease from last year’s average of $3.67 per gallon during the same period. The national average for gas prices has fallen or remained flat for about 60 consecutive days, according to a AAA press release last week. As of Monday, there are 11 states that have a below $3 a gallon average: Texas, Oklahoma, Arkansas, Missouri, Iowa, Louisiana, Mississippi, Tennessee, Alabama, Georgia and South Carolina. AAA cited a lower demand for gas coupled with lower oil prices as reason for the decline. “Drivers this Thanksgiving can expect cheaper gas prices,” Andrew Gross, AAA spokesperson, said in a statement last week.A new analysis from Gasbuddy, an organization that tracks gas prices, predicted that an addi...

4 injured, gunman killed in Ohio Walmart shooting

Published Wed, 26 Feb 2025 00:14:50 GMT

BEAVERCREEK, Ohio (WDTN) -- Four people were wounded and one person, the gunman, was killed in a shooting at an Ohio Walmart store Monday, police confirmed.The male shooter reportedly died of a self-inflicted gunshot wound. His name, a motive for the attack and other details weren't immediately released.Beavercreek Police did not immediately release any information on the victims' injuries. “The conditions of the victims right now is unknown," but all were taken to hospitals for treatment, police Capt. Scott Molnar said at a news conference. Man accused of violently attacking security guard to be examined for competency Molnar said a man reportedly entered the Walmart in Beavercreek, a town of about 50,000 in the Dayton metropolitan area, and opened fire around 8:35 p.m. "This has been an incredibly tragic incident," Molnar said. "Our thoughts and prayers go out to the families of the victims, responding officers and everyone who was here this evening." ...

'We are attorneys, not statisticians.' Travis County DA reviewing conviction data after KXAN reporting

Published Wed, 26 Feb 2025 00:14:50 GMT

Investigative Summary: The Travis County district attorney publicized a sharp increase in the conviction rate for violent, sexual and weapons-related offenses, but KXAN investigators found the formula used to calculate these statistics left some experts with questions. After KXAN’s reporting, the district attorney said his office is re-evaluating the method and trying to find the best way to present its data. AUSTIN (KXAN) -- Flanked by supporters and other top county leaders, José Garza announced his re-election campaign for Travis County District Attorney with a strong message: “Across the street, they can play politics with our public safety, but here in this community, together, we choose to act.”As Garza called out the Texas Legislature for targeting prosecutors’ offices, he highlighted data on the successes of his office – particularly noting an increase in wins for cases of violence and family violence. “Over the last four years, we have increased the conviction rat...

Petition calls for four amendments to city charter in Taylor including council member pay, mayoral elections

Published Wed, 26 Feb 2025 00:14:50 GMT

TAYLOR, Texas (KXAN) -- A second petition was submitted to the city of Taylor this year that, if verified to have the right amount of valid signatures, would give voters the opportunity to vote on four new amendments to the city's charter during the May election. This petition is similar to the referendum initiative that was turned into the city in September. Both petitions are trying to reverse the controversial pay raise city council members gave themselves in August, but it takes things a step further. Gary Gola, one of the creators of the proposed charter amendments, said a referendum would overturn the ordinance that council passed to give themselves the pay raise, but the council could turn around and pass another ordinance in the future. "But if we choose to put it in the charter then the only way the council can change that compensation is with voter approval," Gola explained. He also said there is a difference when it comes to voting on a referendum and a charter amendment....

Mighty Texas Dog Walk raises money for local non-profit

Published Wed, 26 Feb 2025 00:14:50 GMT

AUSTIN (KXAN) – Dogs of all breeds took to the parade grounds at Camp Mabry Saturday for the 23rd Annual Mighty Texas Dog Walk. KXAN is a proud sponsor of "Austin's biggest party for dogs."Mighty Texas Dog Walk 2023 (KXAN: Kirsten Currie)Mighty Texas Dog Walk 2023 (KXAN: Kirsten Currie)Mighty Texas Dog Walk 2023 (KXAN: Kirsten Currie)Mighty Texas Dog Walk 2023 (KXAN: Kirsten Currie)Mighty Texas Dog Walk 2023 (KXAN: Kirsten Currie)Mighty Texas Dog Walk 2023 (KXAN: Kirsten Currie)The event raised money for the local non-profit Service Dogs Inc, which provides free service dogs to wounded veterans and other disabled Texans.

11/21/2023: Messy mix arrives this evening

Published Wed, 26 Feb 2025 00:14:50 GMT

The latest Storm Tracker Forecast from Meteorologist Jill Szwed.Happy Tuesday! The day is off to the coldest start of the season with temperatures dipping into the teens. The cold feeling will linger all day long. But unlike yesterday, clouds will dominate our skies. This is getting us set for a messy mix tonight.If you are hitting the road for grandma's house, you won't have any travel issues during the first part of the day. The messy mix of rain, snow, and sleet will arrive from the southwest between 4 PM and 7 PM. Travel conditions will deteriorate through the night, especially in the hills and mountains. A Winter Weather Advisory has been posted for the Adirondack Park, most of the Green Mountain State, and the northern Berkshires.For valley locations: the burst of snow will transition to plain rain around midnight. The mix including heavier snow and mixing will continue through the night. All precip will taper off Wednesday morning.Snow will stick, at least for a time, around ...

NYSP: Schenectady man accused of having child pornography

Published Wed, 26 Feb 2025 00:14:50 GMT

SCHENECTADY, N.Y. (NEWS10) -- A Schenectady man was arrested after an investigation into child pornography possession. Malachi Fennicks, 19, faces several charges. Get the latest news, weather, sports and entertainment delivered right to your inbox! Fennicks was the center of the investigation stemming from a cyber tip from the National Center for Missing and Exploited Children. He's accused of promoting and possessing images consistent with child sexual exploitation.Charges:Promoting sexual performance by a childPossessing a sexual performance by a child 5 things to know this Tuesday, November 21 Fennicks was taken to Princetown State Police where he was arrested and processed. He was issued an appearance ticket returnable to the Schenectady City Court later this month and was released.