Home

David’s Bridal granted creditor protection in Canada amid bankruptcy hearings in U.S.

Published Mon, 23 Dec 2024 14:22:31 GMT

TORONTO — David’s Bridal, the largest wedding gown store in North America, has filed for bankruptcy protection in the U.S. for the second time in five years. An Ontario court has recognized the U.S. case as the main proceedings, and granted the retailer protection under the Companies’ Creditors Arrangement Act for its Canadian operations.The chain has about has about 300 stores and 11,000 workers across North America, including a dozen stores and 500 employees in Canada. David’s Bridal, which sells wedding dresses and formal wear, has said it could eliminate more than 9,000 jobs in the coming months.The retailer is looking to sell the company but its stores remain open and it continues to fulfil online orders. James Marcum, CEO of David’s Bridal, says the business continues to be challenged by the post-COVID environment and uncertain economic conditions.– With files from The Associated PressThis report by The Canadian Press was first published April 24, 2023....

Technology stocks down as S&P/TSX composite falls, U.S. stock markets mixed

Published Mon, 23 Dec 2024 14:22:31 GMT

TORONTO — Canada’s main stock index was down in late-morning trading as losses in technology stocks helped lead the way lower, while U.S. markets were mixed.The S&P/TSX composite index was down 39.64 points at 20,653.51.In New York, the Dow Jones industrial average was up 8.18 points at 33,817.14. The S&P 500 index was down 7.66 points at 4,125.86, while the Nasdaq composite was down 73.09 points at 11,999.37.The Canadian dollar traded for 73.84 cents US compared with 73.86 cents US on Friday.The June crude contract was up 41 cents at US$78.28 per barrel and the June natural gas contract was up a penny at US$2.42 per mmBTU.The June gold contract was up US$3.50 at US$1,994.00 an ounce and the May copper contract was down three cents at US$3.96 a pound.This report by The Canadian Press was first published April 24, 2023.Companies in this story: (TSX:GSPTSE, TSX:CADUSD=X)The Canadian Press

Prosecutor: Proud Boys viewed themselves as ‘Trump’s army’

Published Mon, 23 Dec 2024 14:22:31 GMT

WASHINGTON (AP) — Ready for “all-out war,” leaders of the far-right Proud Boys extremist group viewed themselves as foot soldiers fighting for Donald Trump as the former president clung to power after the 2020 election, a prosecutor said Monday at the close of a historic trial over the U.S. Capitol insurrection.Jurors began hearing attorneys’ closing arguments for the case against former Proud Boys national chairman Enrique Tarrio and four lieutenants. They are charged with seditious conspiracy for what prosecutors say was a plot to stop Congress from certifying President Joe Biden’s electoral victory on Jan. 6, 2021, when the pro-Trump mob attacked the Capitol. Proud Boys were “lined up behind Donald Trump and willing to commit violence on his behalf,” prosecutor Conor Mulroe told jurors, who heard more than three months of testimony. “These defendants saw themselves as Donald Trump’s army, fighting to keep their preferred leader in power no matter what the ...

High court denies energy companies’ appeals in climate suits

Published Mon, 23 Dec 2024 14:22:31 GMT

WASHINGTON (AP) — The Supreme Court on Monday rejected appeals from oil and gas companies that are fighting lawsuits from state and local governments over whether they can be held responsible for harms resulting from global warming.The justices handed the companies a setback in their legal fight with city, county and state governments that want the cases to be heard in state courts, where both sides agree the governments stand a better chance of winning large damage awards. The companies want the cases moved to federal courts.Monday’s orders from the high court affected cases from California, Colorado, Hawaii, Maryland, Rhode Island. But more than a dozen similar suits are pending in state courts around the country claiming that oil and gas produced by the companies led to greenhouse gas emissions, which contributed to global climate change and caused harm locally.In 2021, the justices ruled for the companies in an earlier phase of the case that gave them a second shot at pers...

Bank rates are up. How to avoid leaving money on the table

Published Mon, 23 Dec 2024 14:22:31 GMT

NEW YORK (AP) — Moving your savings around by opening a new account and closing an old one can seem like a hassle. But it’s a use of time that can pay off.After years of paying low rates for savers, banks are finally offering better interest on deposits. Though the increases may seem small, compounding interest adds up over the years, and you don’t want to miss the moment. As the Federal Reserve has raised interest rates to try to cool inflation, some banks have improved their terms for savers as well. Even if you’re only keeping modest savings in your bank account, you could make more significant gains over the long term by finding an account with a better rate.Here’s what you should think about if you’re considering moving your money:WHAT KIND OF RATES ARE AVAILABLE?While the biggest national banks have yet to dramatically change the rates on their savings accounts (clocking in at an average of just 0.23%, according to Bankrate), some mid-size and smaller banks have made cha...

Silenced Montana trans lawmaker upholds stance in dispute

Published Mon, 23 Dec 2024 14:22:31 GMT

HELENA, Mont. (AP) — A silenced transgender lawmaker in Montana who was deliberately misgendered by some Republican lawmakers plans to keep trying to speak on the House floor Monday despite Republican leaders insisting that won’t happen until she apologizes for saying lawmakers would have “blood on their hands” if they banned gender-affirming medical care for transgender youth. Democratic Rep. Zooey Zephyr was silenced for a second day Friday as her Republican colleagues refused to let her speak on the chamber’s floor about a bill that would prevent minors from seeing pornography online. House Speaker Matt Regier and his Republican colleagues have indicated they have no plans to back down from their stance, meaning the standoff is expected to resume when the Montana House reconvenes Monday afternoon at the Capitol in Helena. Last year, Zephyr became the first openly transgender woman elected to the Montana Legislature — putting her among a record number of transgender lawmakers who ...

Person dead after being struck by Metra train in Evanston

Published Mon, 23 Dec 2024 14:22:31 GMT

EVANSTON, Ill. — A person is dead after being struck by a Metra train at Central Street station in Evanston Monday morning, according to Evanston police. Suburban home invasion suspect allegedly punched K9 before being bitten, arrested Police say the train stopped in both directions. There is no ETA for the restoration of service and there was no further information provided.

Robin's List: Movies you thought were great as a kid that are actually awful

Published Mon, 23 Dec 2024 14:22:31 GMT

Robin shares the movies she loved as a kid that are actually really awful.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.

Police release cause death for Florida 2-year-old found in alligator's mouth

Published Mon, 23 Dec 2024 14:22:31 GMT

ST. PETERSBURG, Fla. (WFLA) — Police in Florida released the cause of death of 2-year-old Taylen Mosley, who they say was killed by his father last month.In a Monday release, the St. Petersburg Police Department confirmed that the toddler died of drowning. St. Pete mother stabbed over 100 times before toddler thrown in lake: affidavit Taylen was initially reported missing after his mother, 20-year-old Pashun Jeffery, was found dead in her apartment's bathroom with over 100 stab wounds on March 30, according to police.(Credit: Family of Pashun Jeffery)The following day, Taylen's body was found in an alligator's mouth at Lake Maggiore. Police said it was believed that Taylen was thrown or placed into the water by his father, Thomas Mosley.Officers allege that Mosley murdered both Jeffery and their son before showing up at his mother's house with wounds on his hands and arms "consistent with injuries caused by slippage during a knife attack.” He then went to St. Anthony’s Hospit...

Drake, 21 Savage to stop in Austin on 'It's All a Blur' tour

Published Mon, 23 Dec 2024 14:22:31 GMT

AUSTIN (KXAN) -- Get the champagne ready: Drake is coming back to Austin this fall, and he's bringing 21 Savage along. The "It's All a Blur" tour was announced last month and will be Drake's first tour since his run in 2018 with Migos. The rapper did not stop in Austin on that tour, but he previously kicked off a 2016 tour in the Capital City. Austin was not originally on the tour schedule but was added Monday, booting the rappers' other Texas stops further down the line, ABC13 in Houston reported. Drake and 21 Savage dropped a joint album, “Her Loss,” last year, with several nods to Texas in the lyrics. All 16 songs on the album debuted on Billboard's Hot 100. LIST: Texas references on Drake, 21 Savage’s ‘Her Loss’ album The rappers' Austin show will be at the Moody Center on September 11. Tickets for the show go on sale Friday at noon. Drake and 21 Savage are the latest on a growing list of big names and events held at the Moody Center since its opening just over a year ago. ...