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S&P/TSX composite posts triple-digit decline, U.S. stock markets also lower

Published Fri, 27 Dec 2024 10:17:51 GMT

TORONTO — Canada’s main stock index posted a triple-digit decline as losses in the base metals sector helped lead stocks lower, while U.S. stock markets were also lower in late-morning trading.The S&P/TSX composite index was down 126.34 points at 20,372.97.In New York, the Dow Jones industrial average was down 271.31 points at 33,260.02. The S&P 500 index was down 15.77 points at 4,121.87, while the Nasdaq composite was down 4.55 points at 12,301.89.The Canadian dollar traded for 74.17 cents US compared with 74.77 cents US on Wednesday.The June crude contract was down 91 cents at US$71.65 per barrel and the June natural gas contract was up five cents at US$2.24 per mmBTU.The June gold contract was down US$12.70 at US$2,024.40 an ounce and the July copper contract was down 13 cents at US$3.71 a pound.This report by The Canadian Press was first published May 11, 2023.Companies in this story: (TSX:GSPTSE, TSX:CADUSD=X)The Canadian Press

Fun in the sun: Balmy temperatures in Toronto ahead of Mother’s Day cool down

Published Fri, 27 Dec 2024 10:17:51 GMT

Mother Nature is gifting mothers with plenty of sunshine in Toronto and the GTA this weekend; just don’t expect the same balmy temperatures by Sunday.After a rough and cool stretch to open the month, the city and GTA have seen much better conditions in the second week of May, with Friday looking particularly delightful on the weather front.The daytime high is expected to reach 26 C — a lot higher than Toronto’s average temperature of 17 C in May. To make it even better, it will feel more like 28 C tomorrow at its peak.Elsewhere in the GTA, the daytime high across two regions in Halton-Peel on Friday could surpass what Toronto will see, as it could feel more like 30 C in Mississauga and 31 C in Brampton.RELATED: Rainy and cold — Toronto, GTA long-term forecast looks bleak as May arrivesToronto will open the weekend on a slightly cooler but equally pleasant note, with tons of sunshine and a high of 22 C on tap, closer to what is expected this time of the year.T...

Israel kills 2 militant commanders in Gaza as Egypt presses on with efforts to mediate truce

Published Fri, 27 Dec 2024 10:17:51 GMT

GAZA CITY, Gaza Strip (AP) — Israeli airstrikes in the Gaza Strip killed two militant commanders on Thursday, the army said, as the Palestinian death toll from the latest burst of fighting rose to 28. Rocket fire toward southern Israel continued even as Egypt pressed on with attempts to broker a cease-fire.It has been the worst bout of fighting between Israel and Palestinian militants in Gaza in months, and among the dead were also women and children. The conflagration, now in its third day, comes at a time of soaring tensions and spiking violence over the past year in the occupied West Bank. Early on Thursday, the Israeli military carried out strikes against the Islamic Jihad militant group and said a senior commander in charge of the group’s rocket launching force, Ali Ghali, was killed when his apartment was hit. Later in the day, Israel said it killed another Islamic Jihad commander who was meant to replace Ghali in southern Gaza. Islamic Jihad confirmed the man, Ahmed Abu Daqqa...

Blast at residential building in Germany injures 12; suspect detained

Published Fri, 27 Dec 2024 10:17:51 GMT

BERLIN (AP) — German police have detained a suspect in connection with an explosion at a residential building that injured 12 first responders on Thursday, some of them seriously, a senior security official said.The interior minister of North Rhine-Westphalia state, Herbert Reul, said that 10 firefighters and two police officers were injured in the blast at a high-rise building in the town of Ratingen. It wasn’t immediately clear what caused the blast.A body was also recovered from the building, Reul said. The identity of the person and the circumstances of their death weren’t immediately known.Firefighters and police were initially called to the building in the morning after concerns were raised about two residents.Following the explosion, heavily armed officers took up positions around the site, with television footage showing police snipers on a balcony across the road from the building as smoke poured out of a top-floor apartment.Hours later, a 57-year-old man was detained...

Peloton recalling more than 2M exercise bikes because the seat post assembly can break during use

Published Fri, 27 Dec 2024 10:17:51 GMT

Peloton is recalling more than 2 million of its exercise bikes because the bike’s seat post assembly can break during use, posing fall and injury hazards.The recall includes approximately 2.2 million of the Peloton Bikes Model PL01. The bikes were sold from January 2018 through May 2023 for about $1,400. They were sold at Peloton and Dick’s Sporting Goods stores nationwide and online at Amazon, Peloton and Dick’s websites.Peloton has received 35 reports of the seat post breaking and detaching from the bike during use, including 13 reports of injuries including a fractured wrist, lacerations and bruises due to falling from the bike.Consumers are advised to immediately stop using the recalled exercise bikes and to contact Peloton for a free repair. Peloton is offering a free seat post that can be self-installed.Peloton can be reached at 866-679-9129 from 6 a.m. to 12 a.m. ET, seven days a week or online at www.onepeloton.com. Consumers can click on Product Recalls at the bottom ...

'Blossom' the cow thriving after Niles senior prank

Published Fri, 27 Dec 2024 10:17:51 GMT

WOODSTOCK, Ill. — A cow used in a suburban senior prank last month is thriving in her new home at Hooved Animal Humane Society.Blossom, an 8-month-old Scottish Highlander and Heffner mix, escaped from a group of Northridge Preparatory School students at around 3 a.m. on April 27 in a Niles neighborhood.The students conducted a senior prank and bought Blossom via Craigslist from Winneconne, Wisconsin along with a pig.Blossom ended up being secured by authorities and Wagner Farms — who ended up bringing her to Hooved Animal Humane Society, located in Woodstock."She is actually fitting right in and loves to hang out around the horses," executive director Cynthia Glensgard said. "She comes to greet the people and is quite curious."Blossom in the pasture, courtesy Hooved Animal Humane SocietyBlossom loves to nap in the corner of the pasture and has already figured out meal time, Glensgard said.The humane society, who works to re-home animals and investigates animal abuse since 1971, took...

Police search for person in multiple garage burglaries on Northwest Side

Published Fri, 27 Dec 2024 10:17:51 GMT

CHICAGO — Police are searching for a person responsible for multiple garage burglaries in Albany Park and Irving Park earlier this week. Police reported that the offender was reported to have kicked in the side door of the target garages and removed items. The individual then fled the scene with the stolen items. Man, 40, shot dead in residence in Woodlawn The burglaries took place at these times: 4300 block of North Mozart Street between the times of May 7 at 8 p.m. to May 8th at 8 a.m.4400 block of North Mozart Street between the times of May 9 at 9 p.m. to May 10 at 8:15 a.m. 2700 block of West Agatite Avenue on May 10 around 3:46 am. Police described the offender as an unknown man, approximately 5 feet and 10 inches, 180 pounds. If any information is recovered on the incidents, contact the police.

The List: Paul's 5 Steps to Being a Great Coworker

Published Fri, 27 Dec 2024 10:17:51 GMT

Paul Konrad may not be good at a lot but he knows how to be a great coworker! He shares his tips in The List.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.

Peloton is recalling more than 2 million exercise bikes. Here's why

Published Fri, 27 Dec 2024 10:17:51 GMT

Peloton is recalling more than 2 million of its exercise bikes because the bike’s seat post assembly can break during use, posing fall and injury hazards.The recall includes approximately 2.2 million of the Peloton Bikes Model PL01. The bikes were sold from January 2018 through May 2023 for about $1,400. They were sold at Peloton and Dick’s Sporting Goods stores nationwide and online at Amazon, Peloton and Dick's websites.Peloton has received 35 reports of the seat post breaking and detaching from the bike during use, including 13 reports of injuries including a fractured wrist, lacerations and bruises due to falling from the bike.Consumers are advised to immediately stop using the recalled exercise bikes and to contact Peloton for a free repair. Peloton is offering a free seat post that can be self-installed.Peloton can be reached at 866-679-9129 from 6 a.m. to 12 a.m. ET, seven days a week or online at www.onepeloton.com. Consumers can click on Product Recalls at the bottom of the...

El Niño's arrival is imminent and there's a 90% chance it lasts all year, forecasters say

Published Fri, 27 Dec 2024 10:17:51 GMT

(NEXSTAR) – El Niño is likely to take over soon — and odds are it will be sticking around for a long time, national forecasters said in an update Thursday. While the Northern Hemisphere is still under "ENSO-neutral" conditions — meaning we are neither in an El Niño nor La Niña — that could change at any time. The National Oceanic and Atmospheric Administration's Climate Prediction Center said there is about an 80% chance the transition to El Niño takes place between May and July. Once it takes hold, El Niño is likely to strengthen into the fall and winter, when it normally peaks. The odds of it lasting until February of 2024 are upwards of 90%, the Climate Prediction Center said. NOAA issues El Niño watch: Here’s where and when we will feel the impact An El Niño winter would be a switch from what what we’ve seen the last three years, with back to back to back La Niña seasons.El Niño typically brings cold, wet winter to the Southern U.S. A strong El Niño in particular is asso...