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  • Wall Street closes up ahead of inflation data

    STORY: Wall Street eked out modest gains on Friday, but the Dow Jones Industrial Average notched its largest weekly gain of the year, as investors looked ahead to key inflation data due out next week.The Dow closed up about a third of a percent higher, its eighth straight day of gains. The S&P 500 ended up fractionally, while the Nasdaq finished about flat but in the red.All three indexes recorded another weekly gain, but the muted end to the week suggested investors might be holding steady before next week's highly anticipated consumer price index or CPI report for April.The U.S. Labor Department is set to release the report on Wednesday and it will be one of the last the Federal Reserve will have to digest before it decides whether to cut interest rates or not.That makes it an important one, says Glen Smith, chief investment officer at GDS Wealth Management."We're expecting CPI numbers to continue to trend down to the 2%, which is the fed target rate. We think it's going to be very important in helping the Fed to decide if they're going to cut rates or keep them elevated. If CPI numbers are trending down to two 2%, we think it's very likely we could get a rate cut in July. Not in June, but in July. And if and if we're really surprised and inflation is dropping dramatically, perhaps we could have two cuts this year."Stocks on the move included Nvidia, which gained roughly 1.3% after Taiwan Semiconductor Manufacturing, the world's largest chipmaker and a major supplier to Nvidia, reported a near 60% jump in April sales. Shares of SoundHound jumped more than 7% after the company beat first-quarter revenue estimates.And shares of Novavax nearly doubled in value on Friday, after the vaccine maker said it scored a licensing deal worth up to $1.2 billion with Sanofi.

  • Toronto Fire Chief Matthew Pegg to retire in October

    Toronto Fire Chief Matthew Pegg announced on Friday that he plans to retire officially in October after more than three decades of active service.Pegg, who has been fire chief since 2016, said in a letter in a post on X, formerly Twitter, that he told his command team on Friday morning of his intentions to step down. His last day on the job will be Oct. 4, 2024."I am deeply appreciative to be able to retire healthy, after more than 32 years of active service as a firefighter, eight as chief," he

  • Mexico heat wave melts temperature records in ten cities, including Mexico City

    Ten cities in Mexico registered record-high temperatures in 10 cities, including the capital, authorities said on Friday, amid a searing heat wave that has prompted blackouts nationwide and pushed the power grid to the brink. In the normally temperate high-altitude capital of Mexico City, North America's largest metropolis, thermometers on Thursday peaked at 34.3 degrees Celsius (93.7 degrees Fahrenheit), a tenth of a degree higher than the record hit just a month earlier. The intense heat caused blackouts lasting several hours in some areas of Mexico this week, mainly in the north, and caused classes to be suspended in the central state of San Luis Potosi, which this week reached 50 C.

  • WestJet Encore pilots reject tentative deal; airline says no impact on operations

    The union representing WestJet Encore pilots says its members rejected the tentative deal reached last month, with just over half voting the agreement down. The union says despite improvements to compensation and scheduling, the pilots wanted to see more action from WestJet to address ongoing issues with pilot recruitment, retention and morale. WestJet says it was disappointed to learn that pilots voted down what it calls a competitive agreement within Canada's airline industry. The airline says

  • California banned sales of flavored e-cigarettes in 2022 − but a study finds online stores are still selling them, even to kids

    The study suggests that online sales to kids went unchanged in the months after the law went into effect.

  • Yes, Zendaya Almost Always Wears the Same Style of Sky-High Heels on Red Carpets — What to Know About the Shoes

    Zendaya’s stylist and long-time collaborator Law Roach confirmed her signature red carpet heel in a recent interview

  • UPDATE 1-US to hold auctions to sell airline warrants received during COVID bailouts

    The U.S. Treasury Department said on Friday it planned to conduct a series of auctions to sell its warrants to purchase stock in U.S. airlines it received after Congress approved $54 billion in COVID-19 air carrier assistance in 2020 and 2021. Treasury received warrants to purchase stock at the share price of the time of the government awards. Airlines accepting government assistance were prohibited from furloughs or firing workers and faced limits on executive compensation and bans on stock buybacks and dividends that expired in September 2022.

  • FS KKR Capital Corp. (NYSE:FSK) Q1 2024 Earnings Call Transcript

    FS KKR Capital Corp. (NYSE:FSK) Q1 2024 Earnings Call Transcript May 9, 2024 FS KKR Capital Corp. isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Operator: Good morning, ladies and gentlemen. Welcome to FS KKR Capital Corp First Quarter 2024 Earnings […]

  • Specialty lab exec gets 10-year prison term for 11 deaths from tainted steroids in Michigan

    HOWELL, Mich. (AP) — A Michigan judge sentenced the former executive of a specialty pharmacy to at least 10 years in prison Friday for the deaths of 11 people who were injected with tainted pain medication, part of a meningitis outbreak that affected hundreds across the U.S. in 2012. Barry Cadden's sentence for involuntary manslaughter will be served at the same time as his current 14 1/2-year federal sentence for crimes tied to the outbreak. As a result, he's not expected to spend any additiona

  • B.C. finance minister Conroy says she'll retire after provincial election this fall

    CASTLEGAR, B.C. — British Columbia's finance minister has announced she won't be running again in the next provincial election after serving in the legislature for nearly two decades. Katrine Conroy said it will be hard to leave the people she's worked with over the years, but at 66, it's time to step back to spend time with her family. Conroy has held several portfolios under the New Democrat government and said it's too hard to settle on a "greatest accomplishment," but she's especially proud

  • Sechelt approves lower 7.71% property tax increase for 2024 budget

    Sechelt has finalised its 2024 budget – approving a 7.71 per cent property tax increase over the previously suggested 8.48 per cent. For the average residential property valued at $994,038, this will amount to a $218 increase. The budget was presented for the final time at the district’s May 8 regular meeting. No changes had been made since council last reviewed the financial plan. Sewer user fees also increased by 3.69 per cent ($24 for the average residence) and there’s a 12.5 per cent increas

  • Nutrien Ltd. (NYSE:NTR) Q1 2024 Earnings Call Transcript

    Nutrien Ltd. (NYSE:NTR) Q1 2024 Earnings Call Transcript May 9, 2024 Nutrien Ltd. isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Operator: Greetings, and welcome to Nutrien’s 2024 First Quarter Earnings Call. [Operator Instructions]. I would now like to turn the […]

  • MOSQUITOES IN THE HOUSE: How to prevent pest growth in your neighborhood

    Latest Kern County, California and US and world news from 23ABC in Bakersfield, Calif.

  • Barry Cadden sentencing in meningitis scandal

    The owner of a pharmacy that triggered a meningitis scandal with tainted injections more than a decade ago was sentenced to 10-15 years in prison in a Livingston County courthouse today

  • Investment, efficiency improvements rank last among priorities in Port Moody’s new transportation master plan

    Despite traffic reduction and road infrastructure being two key issues among Port Moody residents, the city appears to be driving in another direction. Improving efficiency and investment in the transportation network ranks last among priorities in the city’s Master Transportation Plan (MTP) update. The first two public engagement phases of the city’s (MTP) update have been completed, and staff presented their preferred “big moves” on April 23. Work to update the city’s MTP has been ongoing sinc

  • 2023’s historic Hollywood and UAW strikes aren’t labor’s whole story – the total number of Americans walking off the job remained relatively low

    Two labor scholars argue that the balance of power between workers and employers, which has been tilted toward employers for nearly a half-century, is beginning to shift.

  • What La Niña could mean for Canada’s upcoming summer

    Folks along the East Coast should prepare for a long hurricane season ahead

  • Tottenham vs Burnley: Prediction, kick-off time, TV, live stream, team news, h2h results, odds

    Spurs offered chance to get back on track

  • Attention Bills Mafia: the Buffalo Chill has arrived at McDonald's restaurants

    The Golden Arches are showing Bills Mafia some love, while helping children and their families along the way.

  • Celanese Corporation (NYSE:CE) Q1 2024 Earnings Call Transcript

    Celanese Corporation (NYSE:CE) Q1 2024 Earnings Call Transcript May 9, 2024 Celanese Corporation isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Operator: Greetings and welcome to the Celanese’s First Quarter, 2024 Earnings Call and Webcast. At this time, all participants are […]