The Dow hit an intraday record high, but technology stocks weighed on the S&P 500 and the Nasdaq on Monday ahead of the Federal Reserve’s pivotal monetary policy decision, due later in the week. In recent trading, the Dow Jones Industrial Average gained 121 points, or 0.3%, to 41,515. The blue-chip index had soared more than 300 points … Read more
Tunneling for the future Wilshire/Fairfax Metro station was completed in April. (Etienne Laurent / For The Times) Labor advocates are suing to force the Los Angeles County Metropolitan Transportation Authority to rebid a $730-million order of subway cars meant to replace much of its aging subway fleet and run on the D Line extension to … Read more
Ilya Sorokin underwent offseason back surgery, Islanders coach Patrick Roy inadvertently revealed during a media session at the team’s charity golf outing on Monday. General manager Lou Lamoriello had previously said Sorokin only had a minor upper-body injury that could keep him out for a few days of training camp, but that there were no … Read more
Police have alleged Lee, who was 59 and living in the city’s shelter system, died after he was swarmed and stabbed by a group of girls Kenneth Lee was murdered in downtown Toronto, allegedly by a wolfpack of teen girls on December, 2022. Photo by Toronto Police The first teenager to be sentenced in the … Read more
A view of the damage done by recent floods in Jesenik, Czech Republic, on Monday. (Petr David Josek / Associated Press) Exceptionally heavy rainfall pounding Central Europe has prompted deadly flooding in the region, with four new deaths reported Monday in Poland and one each in the Czech Republic and Romania. The flooding has swamped … Read more
House Speaker Mike Johnson faulted the allocation of personnel rather than lack of money as the main culprit behind security failures that led to two attempted assassinations of former President Donald Trump. “President Trump needs the most coverage of anyone. He is the most attacked, he’s the most threatened — even probably more than when … Read more
Home sales in August down from last year, says CREA The Canadian Real Estate Association says the number of homes sold in August fell compared with a year ago.Photo by Paige Taylor White /The Canadian Press “That said, with ever more friendly interest rates now all but guaranteed later this year and into 2025, it … Read more
Houthi loyalists celebrate the birthday of the Muslim Prophet Muhammad on Sunday in Sana, Yemen. Houthis have targeted merchant vessels with missiles and drones since the war in Gaza started in October, and claimed Monday that they shot down an American-made MQ-9 Reaper drone. (Mohammed Hamoud / Getty Images) Yemen’s Houthi rebels claimed Monday that … Read more
Boeing said it is freezing hiring and weighing temporary furloughs in the coming weeks to manage costs as a strike by more than 30,000 Boeing workers who build planes in factories on the West Coast stretched into its fourth day on Monday. “I know that these actions will create some uncertainty and concern,” Boeing CFO Brian West wrote in a letter to … Read more
The fall parliamentary session started with a procedural bang Conservative House leader Andrew Scheer rises during question period in Ottawa on May 30, 2024.Photo by Adrian Wyld /The Canadian Press OTTAWA — A brewing battle between the House of Commons and the federal public service over documents linked to the so-called “green slush fund” came … Read more
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