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Rogers selling all its Cogeco shares to Caisse de dépôt et placement du Québec

Published Sat, 28 Dec 2024 12:38:58 GMT

TORONTO — Rogers Communications Inc. says it is selling all of its shares in Cogeco Inc. to Caisse de dépôt et placement du Québec for $829 million in a move to reduce its debt leverage ratio.The Toronto-based telecommunications company says it is now six months ahead of its deleveraging plans and expects to achieve a debt leverage ratio of 4.7x by year end, down from 4.9x at the end of the third quarter.Cogeco says the Caisse will become an anchor investor in its cable and internet subsidiary Cogeco Communications Inc.President and CEO Philippe Jetté says the transaction is “a unique opportunity … to realize multiple benefits while ensuring we have the ability to deliver our strategic plan.”Caisse executive vice-president Kim Thomassin calls the share purchase “key for the company and its plan to develop the North American market,” adding the fund “is supporting the growth projects of this leading telecommunications company as connectivity needs ...

Lawyers for New Hampshire casino owner fight fraud allegations at hearing

Published Sat, 28 Dec 2024 12:38:58 GMT

CONCORD, N.H. (AP) — A former state senator and casino owner accused of buying luxury cars with a fraudulently obtained COVID-19 relief loan kept financial records that were “sloppy at best” and nefarious at worst, an auditor testified Monday. But his attorney argued that the state is trying to destroy his business based on a sloppy investigation.Andy Sanborn, a Republican from Bedford, did not attend the hearing he requested to appeal the state Lottery Commission’s August decision to permanently revoke his gaming operator’s license. His attorney said Sanborn was at a Boston hospital, accompanied by his wife, Laurie, a leader in the New Hampshire House.Sanborn owns the Concord Casino within The Draft Sports Bar and Grill in Concord and is seeking to open another, much larger, charitable gaming venue a few miles (kilometers) away. But the commission argues that his license should be revoked for four reasons, though it only needs one. It said he improperly obtained federal funds, misr...

Firefighters search for anyone trapped after corner of six-story Bronx apartment building collapses

Published Sat, 28 Dec 2024 12:38:58 GMT

NEW YORK (AP) — A six-story corner of a Bronx apartment building collapsed Monday afternoon, leaving apartments exposed like a stack of shelves, according to authorities and bystander and news video. There were no reports of injuries by early evening, but firefighters were continuing to search. A worker at a nearby deli, Julian Rodriguez, said he was behind the counter when he heard people screaming about a building collapse. “When I went outside, all you could see is the debris and a smoke cloud in the street,” said Rodriguez, 22. “And you could see inside the structure: people’s beds, their doors, closets, lights, everything. It was really scary.”Fire Commissioner Laura Kavanagh said on X, formerly Twitter, that there were no reports of injuries as of about 5 p.m. She said firefighters and search dogs were looking for any people trapped in the building, which is near the University Heights neighborhood.A corner of the six-story building stood with its walls sheared off and floors ...

Missing Carpentersville teen's car pulled from pond in Vernon Hills

Published Sat, 28 Dec 2024 12:38:58 GMT

CARPENTERSVILLE, Ill. — Authorities offered new details in the search for a missing teenager from Carpentersville, one week after her disappearance.Suburban authorities held a press conference on Monday to provide an update on the search for 17-year-old Brissa Romero, who disappeared while traveling to a bowling alley in Vernon Hills for a holiday party. ‘A Call from Gaza’: Chicagoland businesses, schools strike to call attention to thousands of Palestinian deaths Authorities say a review of Romero's cellphone data brought investigators to a retention pond in Vernon Hills and while on the scene, a resident in the area notified officers about a backpack that appeared to have floated to the edge of the pond near Lakeview Parkway & Executive Way.Police say they believed the items belonged to Romero and crews were brought in to conduct a search. Authorities later pulled Romero's badly damaged Nissan Rogue from the pond.Authorities say that based on the condition of the vehicle, it...

CDC says vaccinate before holidays — and more

Published Sat, 28 Dec 2024 12:38:58 GMT

Medical Watch for Dec 11Vaccines before holidaysHealth officials say now is the time to prepare, if you plan to spend the holidays with your loved ones.The director of the CDC says get vaccinated, if you haven't already.She points to the rise in respiratory viruses across the country, including the flu, Covid and RSV.Dr Mandy Cohen says it takes about two weeks for vaccines to provide optimal protection, so getting the shot now would lead right into Christmas.But, the shots offer some additional protection before that.STDs Surging Vaccination rates are low so far this season, but respiratory virus transmission is high.The CDC continues to sound the alarm on surging infections of sexually transmitted diseases.The agency is stressing protected sex and testing.Chlamydia, gonorrhea and syphilis saw significant increases between 2020 and 2021.Some strains of gonorrhea have become resistant to antibiotics.The CDC urges sexually active individuals to get tested in order to avoid advanced d...

6-story building partially collapses in the Bronx: FDNY

Published Sat, 28 Dec 2024 12:38:58 GMT

NEW YORK (WPIX) – A multi-story building in the Bronx partially collapsed Monday afternoon, New York City fire officials said.A six-story building at 1915 Billingsly Terrace in Morris Heights partially collapsed around 3:30 p.m., according to the FDNY.Citizen App video showed several stories of the building exposed with what appeared to be a home appliance, possibly a washing machine or dryer, visible on one of the floors. A pile of a debris could be seen in the street around the base of the building after the partial collapse. A Google Street View image shows a bodega located in the building where the collapse occurred.The building is located roughly two blocks away from an FDNY fire station.Additional information regarding possible injuries was not immediately available.The NYPD asked people to avoid the area of West Burnside Avenue between Osborne Place and Phelan Place in the Bronx. New York City Emergency Management told the public to expect traffic delays and road closures in ...

Clouds increase Tuesday, with rain to follow late-week

Published Sat, 28 Dec 2024 12:38:58 GMT

AUSTIN (KXAN) -- Following Austin's first freeze of the season Monday morning, clouds increase Tuesday with rain to follow late this week.Morning low temperatures bottomed out at 31° in Austin -- our first freeze of the season about a week behind schedule -- and were even colder in rural valleys. Austin-Bergstrom tied a record low temperature of 24° set in 1978.South winds have returned, warming overnight temperatures for the rest of the week.Tracking our next storm systemClouds increase Tuesday, then a slight chance of rain showers enters the forecast Wednesday and Thursday. This is the result of a strengthening low pressure system diving into the Four Corners early this week, then lumbering into Texas on Friday.DETAILS: Wet weather expected late weekRain and thunderstorms are nearly guaranteed at times on Friday as the storm plows through the state. While the storm is still several days away, it appears that it could bring the heaviest rain since October to our area with rain tota...

How to get to, from Austin's Trail of Lights this holiday season

Published Sat, 28 Dec 2024 12:38:58 GMT

AUSTIN (KXAN) — It's the most wonderful time of the year! With the holiday season in full swing, so, too, is the annual Austin Trail of Lights. After celebrating its 59th annual opening night Friday evening, the holiday display will be open to the public most days through Dec. 23.For those hoping to walk through a winter wonderland, here's what you need to know about how to get to and from the event, as well as event parking details and street closures.Pre-paid event parking onlineThose parking on-site are required to purchase their pass in advance of the festivities. There aren't any drive-up parking sales available day of, officials said. Those who did pay in advance have access to the event parking between 5:30 and 10 p.m. on operational days.Event shuttle services availableShuttle services will run from Republic Square at 422 Guadalupe St. and Toney Burger Event Center at 3200 Jones Rd. to Zilker Park. Shuttles begin departing at both locations at 6 p.m. each night, with departu...

1 injured in northwest Austin motorcycle crash

Published Sat, 28 Dec 2024 12:38:58 GMT

AUSTIN (KXAN) — Austin-Travis County EMS, the Austin Fire Department and Travis County STAR Flight responded to a reported crash involving a motorcycle in northwest Austin Monday afternoon.ATCEMS shared on social media the crash was reported just before 4 p.m. in the 9000 block of FM 2222. Per the post, the crash involved a motorcycle and another vehicle.One patient was declared a trauma alert as a result. In a follow-up social media post, officials said STAR Flight took the patient to Dell Seton Medical Center with potentially serious injuries.ATCEMS added extensive delays are expected following the crash. Drivers are asked to avoid the area and seek alternative routes.

When is Austin's Trail of Lights free to attend?

Published Sat, 28 Dec 2024 12:38:58 GMT

AUSTIN (KXAN) — The 59th annual Austin Trail of Lights holiday display returned to Zilker Park Friday evening, with the yearly tradition open to visitors most days through Dec. 23. But in addition to general and premium admission tickets, the Trail of Lights Foundation has a handful of free evenings in store.Dec. 12-15 and Dec. 19 are free admission evenings from 7 to 10 p.m. Paid premium admission tickets are still available those evenings from 6 to 10 p.m. Those looking to take advantage of the free, general access those nights don't need to register before attending. LIST: Central Texas festive light displays this holiday season Premium ticket options include a ZIP pass, which offers early access, an exclusive entrance and use of a specialty lounge area with complimentary cookies, hot cocoa, seating and a bar. Those looking to buy a platinum pass receive valet parking for a vehicle, early access, a shuttle access to the trailhead as well as access to a platinum lounge, which in...