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The Dow Industrials and S&P 500 closed at record highs on Monday, as earnings season kicked in to high gear in one of the heaviest reporting weeks of the quarter with bellwethers in multiple sectors poised to announce results. While the Dow and S&P hit new highs, the Nasdaq outperformed on the day, buoyed by gains in Tesla and PayPal, and the tech-heavy index stands less than 1% away from its Sept. 7 closing record. Tesla Inc jumped 12.66% to its own new high of $1,045.02 and breached $1 trillion in market capitalization, after car rental firm Hertz placed an order for 100,000 Tesla cars, while Morgan Stanley raised its price target on the stock to $1,200 from $900 per share.
SAN FRANCISCO (AP) — Across Northern California, crews worked Monday to clear streets of toppled trees and branches and to clean gutters clogged by debris carried by rainwater from a massive storm that caused flooding and rock slides, and knocked out power to hundreds of thousands. Despite the problems, the rain and mountain snow were welcome in Northern California, which is so dry that nearly all of it is classified as either experiencing extreme or exceptional drought. The wet weather also gre
Hundreds of trucks and other vehicles waited at one of the main crossings between Pakistan and Afghanistan on Monday as the border closed again after a brief opening the day before, despite promises that it would reopen, traders said. The Chaman border crossing, the second-largest commercial border point between the two countries after Torkham in Khyber Pakhtunkhwa, links with Spin Boldak in the Afghan province of Kandahar, and is regularly used by thousands of labourers and traders from both countries. The crossing, a vital source of customs revenue for the cash-strapped government in Afghanistan, has been closed for about three weeks, despite repeated protests by truckers and others stuck waiting at the border.
The Rogers family's corporate civil war escalated over the weekend, with Edward Rogers fighting for control of the board as his mother and a sister condemn his actions publicly.
VICTORIA — British Columbia has introduced a plan to reach its legislated target to reduce greenhouse gas emissions by 2030 with initiatives like slashing the number of kilometres driven and boosting the carbon tax. The new plan sets a target of 10,000 public electric vehicle charging stations by 2030 and calls for the electrification of public transit and ferry fleets. It would provide local governments with cash for climate change initiatives. The strategy includes increasing the price of carb
Downtown city councillor Joe Cressy said on Sunday he will not be running in next year's municipal election. Cressy, who represents Ward 10, Spadina-Fort York, was first elected to Toronto city council in 2014. He announced he has no plans to run for office in 2022 in a tweet. Speaking to the CBC about his decision, Cressy said he won't be running for public office again, in any level of government. "The time has come for me to contribute elsewhere and take what I've learned from government and
KHARTOUM (Reuters) -Sudan's military seized power from a transitional government on Monday and a health ministry official said seven people were killed by gunfire and 140 injured in clashes between soldiers and street protesters. The leader of the takeover, General Abdel Fattah al-Burhan, dissolved the military-civilian Sovereign Council that had been established to guide the country to democracy following the overthrow of long-ruling autocrat Omar al-Bashir in a popular uprising two years ago. Burhan announced a state of emergency, saying the armed forces needed to protect safety and security.
The legalization of cannabis in Canada just had its third anniversary, which means it's time for the federal government to review and possibly tweak the policy. In some areas, the reviews are positive. Legalization has resulted in the emergence of a multibillion-dollar industry, new jobs and tax revenue. There have also been fewer cannabis-related drug convictions among young people. But despite some positive signs, some health experts are concerned that the rapid growth of the industry combined
Paul McLauchlin is tired of MLAs knocking on his door before provincial elections, asking him if there are any local construction projects he'd like to announce. "It's not that simple," said McLauchlin, president of the Rural Municipalities Association and reeve of Ponoka County. "Just running around with a big fake cheque out there." McLauchlan is optimistic that a bill introduced Monday by the Alberta government will create more accountability and fairness in how provincial infrastructure proj
Texas-based ecologist Merlin Tuttle has been studying bats longer than video games have been around, and now, he's hoping that by sharing his decades of knowledge with a B.C. game creator, the duo can dispel some misconceptions he says people have about these nocturnal fliers by getting to know them better virtually. Tuttle, who has studied bats for over 60 years, has teamed up with AJ Dhalla, executive director of the non-profit society Thought Generation to create Find the Bats, an upcoming mo
Four Alberta doctors are suing the provincial health authority and its president over its mandatory workplace COVID-19 vaccination policy. The physicians filed a statement of claim last Friday in the Calgary Courts Centre. The doctors — two rural family physicians, a Calgary anesthesiologist and a Calgary pediatric neurologist — allege that, by requiring them to get vaccinated against COVID-19, Alberta Health Services (AHS) is engaging in a conspiracy to commit assault. "Any medical procedure pe
A container fire that broke out on Saturday on a cargo ship carrying mining chemicals off British Columbia is smoldering and appears to be under control, Canadian Coast Guard officials said on Sunday. Sixteen crew members were evacuated from the MV Zim Kingston on Saturday, while five remained onboard to fight the fire. The ship is anchored several kilometers off the southern coast of Vancouver Island.
Canada's hot inflation and recovering job market are raising pressure on the Bank of Canada to hike interest rates ahead of schedule, with investors looking to a policy announcement this week for clues that the central bank is turning more hawkish. The BoC, led by Governor Tiff Macklem, is expected on Wednesday to raise its inflation forecast and to largely end stimulus from its pandemic-era bond buying program, starting a countdown of sorts to the first interest rate hike since October 2018. But money markets see a different path, pricing in the first hike by April and nearly 100 basis points of tightening in total next year, up from 35 basis points in September.
VICTORIA — British Columbia has introduced a plan to reach its legislated target to reduce greenhouse gas emissions by 2030 with initiatives like slashing the number of kilometres driven by 25 per cent compared with last year and boosting the carbon tax. The strategy announced Monday requires that 90 per cent of passenger vehicles sold in 2030 be zero-emission, with all of them required to meet that goal five years later as the province electrifies public transit and ferry fleets. B.C. also set
CHICAGO (AP) — A North Carolina man who moved to Chicago was one of the victims of John Wayne Gacy, who was convicted of killing 33 young men and boys in the 1970s, authorities said Monday. Francis Wayne Alexander would have been 21 or 22 years old when Gacy killed him sometime between early 1976 and early 1977, Cook County Sheriff Tom Dart said at a news conference in announcing the identification of Alexander's remains. Alexander's family didn't even realize he had been dead all these years, t
Police and bylaw officers in Kingston, Ont., have laid dozens of provincial offence charges and fines after a second straight weekend of street parties that saw thousands of people gather near Queen's University. University officials, the city and police had all urged people not to gather after a particularly destructive homecoming the weekend before. Officers had struggled to control an estimated 8,000-person crowd that gathered at one point on Aberdeen Street in the student housing area. Polic
As COVID-19 restrictions lift and travel picks up, the ski industry is anticipating a busy season ahead. But it could feel uncomfortably busy if Canadian ski resorts continue to have difficulties finding staff to operate the chairlifts and flip burgers in their mountaintop restaurants. According to the Canadian Ski Council (CSC), up to 30 per cent of job vacancies at ski resorts across the country could remain empty by the time ski season hits. The critical lack of workers prompted CSC president
The Canadian Coast Guard says the container fire that broke out Saturday on a freight ship off Victoria is "smouldering" and mostly under control, and an investigation will be soon be underway to assess damage. During a media briefing Sunday, the federal incident commander with the Canadian Coast Guard said the fire aboard Zim Kingston has burned the affected containers down to their shell. "We've just had a Coast Guard helicopter overtop and the majority of the fire is almost out. What we still
Toronto police have released the name of the victim in a fatal shooting on Eglinton Avenue West early Saturday. He is identified as Donald Leroy "Smokey" Marson, 36, of Toronto. Officers were called to 2591 Eglinton Ave. W. at 2:20 a.m. on Saturday. When police arrived, they found a man in an apartment who had been shot. Officers tried to save his life but he was pronounced dead at the scene. Marson is Toronto's 69th homicide victim of the year. Investigators are urging anyone who witnessed the
News bulletin 2021/10/24 21:22View on euronews