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Prince Edward Island government forecasts $98-million deficit in annual budget

Published Wed, 26 Feb 2025 11:45:08 GMT

CHARLOTTETOWN — The Prince Edward Island government tabled a $3.09-billion budget Thursday that forecasts a $97.6-million deficit and a promise to spend money for a new medical school to help the frail health-care sector.Finance Minister Jill Burridge said the operating budget includes $3.09 billion in spending with $2.99 billion in revenues for the 2023-24 fiscal year.“Over the last four years P.E.I. has weathered some of the most challenging economic times in our province’s history,” she told the legislature. “It will not surprise anyone in this chamber that the budget I present today has three key areas of focus: health care, housing and affordability.” Last year’s budget had forecast $2.7 billion in spending, $2.6 billion in revenues and a deficit of about $92 million with about $910 million in health spending. The government said it has set aside about $22 million this fiscal year to establish a medical school at the University of Prince Edwa...

S&P/TSX composite weighed down by losses in energy and telecom; U.S. markets mixed

Published Wed, 26 Feb 2025 11:45:08 GMT

TORONTO — Canada’s main stock index was down more than 150 points Thursday, weighed down by losses in energy and telecom, while U.S. stock markets were mixed.The S&P/TSX composite index was down 153.61 points at 19,774.08.In New York, the Dow Jones industrial average was down 35.27 points at 32,764.65. The S&P 500 index was up 36.04 points at 4,151.28, while the Nasdaq composite was up 213.93 points at 12,698.09.The Canadian dollar traded for 73.38 cents UScompared with 73.63 cents US on Wednesday.The July crude contract was down US$2.51 at US$71.83 per barrel and the July natural gas contract was down nine cents at US$2.48 per mmBTU.The June gold contract was down US$20.90 at US$1,943.70 an ounceand the July copper contract was up three cents at US$3.59 a pound.This report by The Canadian Press was first published May 25, 2023.Companies in this story: (TSX:GSPTSE, TSX:CADUSD=X)The Canadian Press

Alex Murdaugh’s longtime friend admits helping to steal $4 million wrongful death settlement

Published Wed, 26 Feb 2025 11:45:08 GMT

CHARLESTON, S.C. (AP) — A longtime friend of convicted murderer Alex Murdaugh admitted Thursday he helped his old college roommate steal more than $4 million meant for a wrongful death settlement after Murdaugh’s housekeeper died in a fall.Cory Fleming, 54, pleaded guilty to conspiracy to commit wire fraud in federal court. He faces up to five years in prison and a $250,000 fine when he is sentenced at a later date.After Murdaugh’s maid, Gloria Satterfield, died following a fall at the family’s home, Murdaugh convinced Satterfield’s sons to hire Fleming as their lawyer, saying they could help get the family money for a wrongful death settlement.Fleming got $4.3 million from Murdaugh’s insurers, according to an indictment.But Fleming and Murdaugh never sent any money to Satterfield’s sons, instead splitting it among themselves, prosecutors said.Satterfield’s sons later hired different attorneys who have managed to get millions for them. Flemi...

Mother of slain CPD officer raising money for community center in daughter's honor

Published Wed, 26 Feb 2025 11:45:08 GMT

CHICAGO — The mother of fallen Chicago police officer Aréanah Preston is heading a community center effort in her honor. Preston's mother, Dionne Mhoon, has started a GoFundMe page to build a community center.   ‘She lived her life fearlessly’: Fallen Chicago police officer Aréanah Preston laid to rest Mhoon is hoping to raise $150,000 to provide programs for Chicago's youth."It is now with heavy hearts that we seek support to uphold the legacy of Aréanah Preston by establishing a community center that will provide a safe place and support for Chicago's youth," a message from Mhoon's GoFundMe page stated. "Your support will fund Mental Health consultations, promote careers in Law Enforcement, GED courses, Gun Violence Prevention activities, College Tours, Scholarships and Mentorship Programs for underserved youth." Mhoon promised to keep her daughter’s warm spirit and contagious smile alive.  Fallen CPD Officer Aréanah Preston honored at Loyola graduation Preston’s life was cut ...

Brawl at Chicago's O'Hare airport caught on camera

Published Wed, 26 Feb 2025 11:45:08 GMT

CHICAGO — Cell phone video captured a massive brawl on Monday night at Chicago's O'Hare International Airport.It all started with an argument on a flight and carried over to the baggage claim area. FAA: Memorial Day air travel to peak Thursday. Here’s what you can do to prepare. One woman was treated for minor injuries.Police said two people were arrested and will face misdemeanor battery charges.

Former Cubs prospect wanted in connection to shooting death in the Dominican Republic

Published Wed, 26 Feb 2025 11:45:08 GMT

A prospect who was once a member of the Chicago Cubs organization in the Dominican Republic is wanted in connection to a shooting death in that country.Per numerous local media reports, including MLB inside Hector Gomez and newspaper Diaro Libre in Santo Domingo, 18-year-old Josefrailin Alcántara is being sought by the Dominican National Police. Law enforcement there say Alcántara shot and killed 26-year-old Darwin Díaz Valerio in a car in Santiago Oeste on May 18.According to the reports, Alcántara allegedly shot Valerio twice inside a Hyundai Sonata in an argument over money. His cousin, Diego Aníbal Rodríguez Martínez, was in the car when the shooting happened and has been arrested by police. Per the report from Diaro Libre, Alcántara received treatment after being shot in the hand during the argument at a medical center and then fled. “We were made aware of a death investigation involving one of our former Minor League players who was away from the team due to a suspension and h...

Video shows Illinois man driving stolen backhoe to airport to catch flight

Published Wed, 26 Feb 2025 11:45:08 GMT

MARION, Ill. (WTVO) – An Illinois man has been charged with theft after allegedly stealing a backhoe and driving about 10 miles to catch a flight at an airport.Deputies in Williamson County say they were alerted to the alleged theft on May 18, following a call about a "suspicious" backhoe found parked in the lot at the Veterans Airport of Southern Illinois."A few moments later the owner of the backhoe arrived on scene and identified the equipment as belonging to his company," the Williamson County Sheriff's Office wrote in a Facebook news release shared earlier this week.The owner of the equipment then told deputies the backhoe had been parked nearly 10 miles away at a job site. What happens to cars, items left at airports? Sometimes, they’re auctioned off Deputies reviewed security footage from the airport, which showed the suspect arriving in the backhoe, parking, and walking across the lot to the airport lobby while carrying a guitar case.The suspect was later identified as Tim...

With no debt ceiling deal in sight, lawmakers head home

Published Wed, 26 Feb 2025 11:45:08 GMT

WASHINGTON (NEXSTAR) — Despite a looming deadline to raise the debt ceiling, lawmakers are skipping town and heading back home for the holiday weekend.This should not impact negotiations between President Joe Biden and House Speaker Kevin McCarthy's, R-Calif., team. Lawmakers are essentially on call to return to Washington at any moment to vote on a compromised deal, but it remains unclear how negotiators will get there."We're less than a week from defaulting on our debt," said Rep. Don Davis, D-N.C. "We should all be outraged, and we should all be here."Before leaving for the holiday weekend without a debt ceiling deal, Democrats took to the House floor to air their frustrations."Five Republicans could join all 213 Democrats and left the debt ceiling right now," said Rep. Pramila Jayapal, D-Wash. "But they went home."Rep. Jodey Arrington, R-Texas, said Republicans already did their job by passing a plan to cut spending and raise the debt ceiling."We've done the responsible thing," ...

McDonald’s offering free breakfast for military members on Memorial Day

Published Wed, 26 Feb 2025 11:45:08 GMT

HENDERSON, Ky. (WEHT) - Locally-owned McDonald’s restaurants will celebrate Memorial Day by offering free breakfast to military service members on May 29. Local owners say Memorial Day is a time to celebrate and remember the sacrifices made by the great men and women in the military, and they hope local heroes know how much they appreciate all they’ve done for each and every one in the community.(Courtesy: McDonald's) Memorial Day services in the Tri-State McDonalds says retired or active-duty military service members can enjoy a free breakfast combo of choice from 6:00 a.m. to 10:30 a.m. at any participating area McDonald’s restaurants.You can see the list below.McDonalds-Participating-Locations-Free-Memorial-Day-Breakfast-for-Retired-Active-Duty-Military-Service-Members-on-May-29Download

What happens to Social Security checks if the government defaults?

Published Wed, 26 Feb 2025 11:45:08 GMT

WASHINGTON (AP) — Phoenix retiree Saundra Cole has been watching the news about the debt limit negotiations in Washington with dismay — and limiting her air conditioning use to save money just in case her monthly Social Security check is delayed due to a default.For her, air conditioning is no small thing in a city where the average daily high hits 94 degrees in May. If the government can't make good on its obligations, she says, “I would be devastated.”“What I’m worried about is food banks and electricity here because you know, we’ve had deaths with seniors because of the heat,” says Cole.Politicians in Washington may be offering assurance that the government will figure out a way to avert default, but around the country, economic anxiety is rising and some people already are adjusting their routines.Government beneficiaries, social service groups that receive state and federal subsidies and millions more across the country are contemplating the possibility of m...