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Consumer and business insolvencies rising under weight of higher interest rates

Published Wed, 26 Feb 2025 18:03:38 GMT

The Office of the Superintendent of Bankruptcy says both consumer and business insolvencies rose significantly in the second quarter amid heightened interest rates.The agency says the 31,224 consumer insolvencies in the April to June period were up 23.5 per cent compared with the same period last year, while business insolvencies rose 36.9 per cent to 1,090. The agency says that for June, total insolvencies were up 19.6 per cent compared with June 2022, but down 2.8 per cent from May.  Total insolvencies for the 12-month period ending June 30 were 116,653, up 23.2 per cent from the previous period. The Canadian Association of Insolvency and Restructuring Professionals says interest rate hikes are increasing stress on businesses as they face higher costs and weakening consumer demand.The association says consumer insolvencies are rising steadily and reaching levels comparable to pre-pandemic, and it expects they will surpass pre-pandemic averages later this year.This report by The Ca...

Pet emu escapes, becomes local sensation in Indiana

Published Wed, 26 Feb 2025 18:03:38 GMT

LINTON, Ind. (WTWO/WAWV) — "He flopped over the fence and just took off."Sam Messmer said he was out of town on a backwoods hiking trip when one of his two pet emus, Rigby, got loose from his enclosure. When Messmer got cell service, he found out the bird was still on the loose. Rigby, affectionately called "Turdbird" by the Messmer family, ended up on a two-week-long adventure around Greene County, Indiana."He went obviously all the way down the highway and went all the way into Jasonville, Messmer said. "He circled back a couple times pretty close to here (the Messmer farm in Linton) and then he took off down towards Lone Tree, in the woods, through cornfields and soybean fields." An ’emusing’ encounter: Putnam County deputy comes face-to-face with feathered fugitive The search for Rigby became a countywide task, with locals reporting sightings of him regularly. But emus like Rigby can travel up to 30 mph, making it hard to wrangle them.Messmer said he convinced some friends to ...

City files lawsuit against property management company after alleged unfair selling tactics to lower-income residents

Published Wed, 26 Feb 2025 18:03:38 GMT

CHICAGO -- The city has filed a lawsuit against Vision Property Management LLC for allegedly committing unfair practices while selling homes to lower-income families in Chicago.The mayor's office released the complaint claiming that the property company lured customers into signing "rent-to-own" agreements for neglected or "dilapidated" properties. The statement says the agency failed to reveal true conditions of the properties and having the buyers take care of home repairments while treating them as tenants. The city also said that Vision Properties charged customers for property taxes on their homes but failed to remit the payments to the county which caused many individuals to lose their homes. Trump to face judge in DC in third indictment “Defendants’ actions misled consumers by burdening them with all the responsibilities of homeownership and none of the benefits, while also denying them the legal protections to which residential tenants are entitled,” Corporation Counsel Ma...

Dean talks to 103.5 KISS FM's Fred, fans about Lollapalooza line-up

Published Wed, 26 Feb 2025 18:03:38 GMT

Lollapalooza Festival 2023 officially kicks off Thursday in Chicago’s Grant Park — and WGN Entertainment Reporter Dean Richards will be bringing you LIVE coverage all weekend. Lollapalooza 2023: What to know before you go Dean was outside Grant Park Thursday morning before gates officially opened, and spoke to fans who were already waiting in line to get into the festival. He also talked to Fred from 103.5 KISS FM "Fred Show" about the Lollapalooza lineup this year.Watch the interviews in the video player aboveGet Dean's reviews and A-List interviews delivered right to your inbox. Sign up for Dean's Downloads weekly newsletter. You'll also get his Dean Cooks recipes too!

Stolen forklift suspect leads police on chase in downtown Los Angeles

Published Wed, 26 Feb 2025 18:03:38 GMT

(KTLA) -- A person who led police on a brief pursuit in an allegedly stolen large-capacity forklift in downtown Los Angeles was arrested after crashing into several buildings Tuesday, police confirmed to Nexstar's KTLA.  At around 6:53 p.m. Tuesday, authorities with the Los Angeles Police Department said a person called to report they were following someone in a stolen forklift.  Video of the incident obtained by KTLA shows the massive forklift moving off the sidewalk and onto a street crowded with traffic. Some pedestrians could be seen running away. A person was taken into custody on Aug. 1, 2023 after leading police in pursuit in an alleged stolen large capacity forklift in downtown Los Angeles. (Klot Kieffer)A person was taken into custody on Aug. 1, 2023 after leading police in pursuit in an alleged stolen large capacity forklift in downtown Los Angeles. (Klot Kieffer)A person was taken into custody on Aug. 1, 2023 after leading police in pursuit in an alleged stolen large...

Fire near Georgetown burns estimated 60 acres

Published Wed, 26 Feb 2025 18:03:38 GMT

Editor's note: The above video is from KXAN's wildfire coverage on Thursday, August 3, 2023. WEIR, Texas (KXAN) – Firefighters battled a 60-acre fire Wednesday afternoon in Weir, which is northeast of Georgetown. As of Wednesday evening, the fire was in the mop-up stage and close to contained, the Weir Fire Department said.The fire was reported to Williamson County Emergency Communications around 1:40 p.m. at County Road 150 and FM 972.Firefighters responded to a grass fire in Weir Wednesday, Aug. 2, 2023. (KXAN Photo/Frank Martinez)Firefighters responded to a grass fire in Weir Wednesday, Aug. 2, 2023. (KXAN Photo/Frank Martinez)Firefighters responded to a grass fire in Weir Wednesday, Aug. 2, 2023. (KXAN Photo/Frank Martinez)The fire didn't force any evacuations but it did burn a barn and a car, Williamson County said.The Weir Fire Department is the lead agency at the scene with support from Hutto, Jarrell, Williamson County ESD 10, Leander, Liberty Hill, Round Rock, Florence, Sam...

DEC hosts 12th annual Great Hudson River Fish Count

Published Wed, 26 Feb 2025 18:03:38 GMT

ALBANY, N.Y. (NEWS10) -- The New York State Department of Environmental Conservation is hosting the 12th annual Great Hudson River Estuary Fish Count on August 5. The event will be held at sites along the Hudson River Estuary. Get the latest news, weather, sports and entertainment delivered right to your inbox! “The annual fish count event provides a great opportunity for New Yorkers and visitors to get outdoors—or go online—and learn about the many fish species that live and thrive in the Hudson River,” said Commissioner Seggos. “With sites from New York Harbor to Cohoes, there are many places for young and old alike to participate in this year’s event.”During the fish count, visitors can help collect fish with seine nets, minnow traps, rods, and reels. Participants can also watch from shore or help pull in the nets. The fish are released after everyone has a chance to see them.There are in-person opportunities to join the fish count at nine sites. There will also be a live strea...

Girls Inc. Eureka! Summer Camp wraps up at UAlbany

Published Wed, 26 Feb 2025 18:03:38 GMT

ALBANY, N.Y. (NEWS10) -- Girls Inc. of the Capital region wrapped up their annual summer camp with presentations and an awards ceremony showcasing students' hard work over the last four weeks. It's all part of the Eureka! Program, a 5-year-program that helps girls in high school prepare for college and their future careers with internships, mentorships and opportunities in STEM. Get the latest news, weather, sports and entertainment delivered right to your inbox! Ashli Fragomeni, Executive Director of Girls Inc., said the program is unique and allows students to try different careers to find the right fit. “Being able to start in eighth grade ensures the girls have the discovery space and time so when the time comes to really make the hard decision they feel prepared and confident to do so," Fragomeni said. Girls in the program will continue their work during the school year with other educational and volunteer opportunities in the Capital Region.

Cobleskill Diner celebrating 40th anniversary

Published Wed, 26 Feb 2025 18:03:38 GMT

COBLESKILL, N.Y. (NEWS10) -- The Cobleskill Diner, a staple at 117 Granite Drive in Cobleskill, is celebrating its 40th anniversary. The celebration is set for Saturday, August 5 from 9 a.m. to 7 p.m. Get the latest news, weather, sports and entertainment delivered right to your inbox! Barbara Rickard had a dream of opening a café in Cobleskill and her husband, Ivan, made that dream come true in 1983. As the Rickards are enjoying retirement, their daughter Denene McLaughlin and grandsons continued its legacy.The anniversary celebration includes games, face painting, a craft table, balloon animals, and a petting zoo for children. The event will also have a 50/50 raffle, silent auction, a large prize raffle, vendors, food, and more. Middle Eastern eatery expanding in the Wilton Mall The celebration will go on rain or shine. To view the diner's menu, you can visit the Cobleskill Diner website.

Gov. Hochul makes education announcement in Albany

Published Wed, 26 Feb 2025 18:03:38 GMT

ALBANY, N.Y. (NEWS10) -- Governor Kathy Hochul was in Albany Thursday at the New York State Education Department. She made an announcement regarding education in the rotunda. Get the latest news, weather, sports and entertainment delivered right to your inbox! Stick with NEWS10 as we'll have more information regarding the announcement later Thursday night.