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Maple Leaf Foods reports $4.3M Q3 loss, sales edge higher from year ago mark

Published Wed, 25 Dec 2024 20:02:35 GMT

TORONTO — Maple Leaf Foods Inc. reported a loss of $4.3 million in its latest quarter compared with a loss of $229.5 million a year earlier when the company took a large one-time, non-cash impairment charge related to its plant protein business.The company says the loss amounted to four cents per share for the quarter ended Sept. 30 compared with a loss of $1.86 per share in the same quarter last year.Sales in the company’s third quarter totalled $1.25 billion, up from $1.23 billion a year earlier.On an adjusted basis, Maple Leaf says it earned 13 cents per share for the quarter compared with an adjusted loss of a penny per share a year ago.Analysts on average had expected an adjusted profit of 21 cents per share and $1.30 billion in revenue, according to estimates compiled by financial markets data firm Refinitiv.In its outlook, Maple Leaf says its capital expenditures for 2023 are expected to be about $200 million, down from its earlier guidance of less than $250 million.Thi...

Putin signs bill revoking Russia’s ratification of a global nuclear test ban treaty

Published Wed, 25 Dec 2024 20:02:35 GMT

MOSCOW (AP) — President Vladimir Putin on Thursday signed a bill revoking Russia’s ratification of a global nuclear test ban, a move that Moscow said was needed to establish parity with the United States.Putin has said that rescinding the ratification of the Comprehensive Nuclear Test Ban Treaty, also known as the CTBT, would “mirror” the stand taken by the U.S., which has signed but not ratified the nuclear test ban.Both houses of the Russian parliament voted last month to revoke Moscow’s ratification of the bill.The CTBT, adopted in 1996, bans all nuclear explosions anywhere in the world, but the treaty was never fully implemented. In addition to the U.S., it has yet to be ratified by China, India, Pakistan, North Korea, Israel, Iran and Egypt.There are widespread concerns that Russia may resume nuclear tests to try to discourage the West from continuing to offer military support to Ukraine. Many Russian hawks have spoken in favor of a resumption of the tests.Putin has...

Double shooting inside Scarborough bar sends patrons diving for cover

Published Wed, 25 Dec 2024 20:02:35 GMT

Two young men are in hospital after gunfire erupted inside a busy bar in Scarborough overnight.Emergency crews were called to Oxford Pub and Restaurant on Eglinton Avenue East near Brimley Road around 1 a.m. Thursday after getting reports of a shooting.Police tell CityNews two men were shot multiple times inside the pub and a third person was grazed by a bullet. Paramedics say the two men were rushed to hospital with non-life threatening injuries. The third person who was grazed was not transported to hospital.Several people were inside the bar at the time of the shooting. Witnesses say patrons dove under pool tables to take cover when the gunmen opened fire.The shooter fled before police arrived. No suspect information has been made available.The investigation is ongoing.With files from CityNews reporter Carl Hanstke

Aid agencies warn of chaotic and desperate scenes among Afghans returning from Pakistan

Published Wed, 25 Dec 2024 20:02:35 GMT

ISLAMABAD (AP) — Major international aid agencies on Thursday warned of chaotic and desperate scenes among Afghans who have returned from Pakistan, where security forces are detaining and deporting undocumented or unregistered foreigners.The crackdown on illegal migration mostly affects Afghans because they are the majority of foreigners living in Pakistan, although the government says it is targeting all who are in the country illegally. Three aid organizations — the Norwegian Refugee Council, Danish Refugee Council and the International Rescue Committee — said many people fleeing the Pakistani crackdown arrived in Afghanistan in poor condition. “The conditions in which they arrive in Afghanistan are dire, with many having endured arduous journeys spanning several days, exposed to the elements, and often forced to part with their possessions in exchange for transportation,” the agencies said in a statement.Between 9,000 and 10,000 Afghans are now crossing the border every day from ...

Diplomacy to pause fighting and ease siege intensifies as Israeli ground troops advance on Gaza City

Published Wed, 25 Dec 2024 20:02:35 GMT

RAFAH, Gaza Strip (AP) — Israel’s ground troops advanced toward Gaza City on Thursday, as the U.S. and Arab countries intensified diplomatic efforts to ease the siege of the Hamas-ruled enclave and bring about at least a brief stop to the fighting to help civilians.President Joe Biden suggested a humanitarian “pause” the day before, as an apparent agreement among the U.S., Egypt, Israel and Qatar, which mediates with Hamas, allowed hundreds of Palestinians with foreign passports and dozens of wounded to leave Gaza for the first time. Dozens more left on Thursday.Arab countries, including those allied with the U.S. and at peace with Israel, have expressed mounting unease with the war. Jordan recalled its ambassador from Israel and told Israel’s envoy to remain out of the country until there’s a halt to the war and the “humanitarian catastrophe” it is causing. More than 3,600 Palestinian children have been killed in 25 days of fighting, and bombings have driven more than h...

Britney Spears' memoir sells more than a million copies just one week after release

Published Wed, 25 Dec 2024 20:02:35 GMT

NEW YORK (AP) — Britney Spears' memoir “The Woman in Me” has sold 1.1 million copies in the U.S. alone through its first week.“I poured my heart and soul into my memoir, and I am grateful to my fans and readers around the world for their unwavering support," Spears said in a statement released Wednesday by Gallery Books, a division of Simon & Schuster.This cover image released by Gallery Books shows "The Woman in Me" by Britney Spears, releasing Tuesday, Oct. 24. (Gallery Books via AP)The sales figures include pre-orders, print sales, e-books and audiobooks. “The Woman in Me,” released Oct. 24, has been praised by critics as a compelling account of her rise to global fame and her ongoing struggles, including the conservatorship that for years granted her father control of much of her life and her revelation that she had an abortion while dating Justin Timberlake more than 20 years ago.On the day of publication, Spears posted on Instagram that her book had bec...

Senate GOP launches offensive to overcome Tuberville military holds 

Published Wed, 25 Dec 2024 20:02:35 GMT

(The Hill) - A group of Senate Republicans attempted to overcome Sen. Tommy Tuberville’s (R-Ala.) blockade of more than 370 military nominations, marking the first time GOP members have attempted a maneuver of this kind. Led by Sen. Dan Sullivan (R-Alaska), Senate Republicans sought to move numerous promotions for military officers but were blocked by Tuberville as part of his holds that have lasted nearly eight months over the Pentagon’s year-old policy that covers travel expenses for military personnel who travel for abortion care.Sullivan, joined by Sens. Joni Ernst (Iowa), Lindsey Graham (S.C.) and Todd Young (Ind.), brought 61 nominees forward for more than four hours, speaking relentlessly in support of each one.“America needs to have our best players, most combat-capable leaders, on the field. And right now, that’s not happening. It needs to change,” Sullivan, a 30-year member of the Marine Corps, said on the floor, adding that 89 percent of all general officer posi...

Temperature climb leads to near-record warmth

Published Wed, 25 Dec 2024 20:02:35 GMT

AUSTIN (KXAN) -- Colder than the flip side of the pillow this morning, but a nice temperature recovery is on the way.A shift in our winds will help kick off the warming trend today. Afternoon highs will climb well into the 60s -- still below normal for this time of year but warmer than what we felt yesterday.The temperature climb continues each day through the weekend, with temps approaching the upper 80s by next Tuesday.Daylight Saving Time comes to an end early Sunday morning, so don't forget to let your clocks "fall back" one hour. BLOG: El Niño into 2024: What that means for winter and spring BLOG: NOAA releases winter forecast Austin Interactive Weather Stats (2023) FIRST WARNING WEATHER: Stay up to date with your Central Texas forecast, sign up for our weather newsletter at kxan.com/newsletters Stay up-to-date with the First Warning Weather teamFollow the KXAN First Warning Weather team on Facebook, Twitter and Instagram.You can also follow our meteorologists' individu...

As kitchen store and school Cooks | Bellecour celebrates 50 years in business, owners reflect on how they ‘have to change to stay the same’

Published Wed, 25 Dec 2024 20:02:35 GMT

A group of kids smile at Th'rice, the cooking school and store that later became Cooks of Crocus Hill, in this undated photo from the 1970s taken at Th'rice's original location on Grand Avenue and Lexington Parkway. The store originally opened in 1973. (Photo courtesy Cooks | Bellecour)Chef Gavin Kaysen, a co-owner of Cooks | Bellecour, leads a cooking demonstration at the store's St. Paul location on Sept. 26, 2023, as part of the store's 50th anniversary celebrations. Cooks owners Karl Benson and Marie Dwyer joined forces with Kaysen's Bellecour Bakery in 2020 and renamed the business in 2023. (Photo courtesy Bre McGee / Cooks | Bellecour)A group of women, including Cooks of Crocus Hill founder Martha Kaemmer, second from right, smile in the teaching kitchen at the store then known as Th'rice in this undated photo. Now known as Cooks | Bellecour, the store is celebrating its 50th anniversary in 2023. (Photo courtesy Cooks | Bellecour)Cooks | Bellecour owners Karl Benson, left, and...

Schenectady begins partnership to recycle trees

Published Wed, 25 Dec 2024 20:02:35 GMT

SCHENECTADY, N.Y. (NEWS10) -- The City of Schenectady has partnered with the Northeastern Woodworkers Association (NWA) to recycle trees by milling logs from fallen trees during regular city street maintenance. In appreciation of the donated wood, NWA will mill some wood into rough-cut planks for the city to use for barrier projects and park furniture. Get the latest news, weather, sports and entertainment delivered right to your inbox! Currently, the trees that would be donated are moved to a tree dump and left to rot. Schenectady Mayor Gary McCarthy will join NWA members on Thursday to mill the first log from the initial load of Schenectady trees at the Shaker Heritage Site. “This partnership is a fantastic example of collaboration and opportunity between the city and our local woodworking community,” said Gary McCarthy. “By repurposing these trees into valuable lumber, we will not only reduce waste but also support NWA’s mission and contribute to community projects. It’s a win-...