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Home prices post second-biggest monthly jump since 2006: Teranet

Published Wed, 26 Feb 2025 12:31:53 GMT

TORONTO — Home prices posted the second-highest increase ever recorded in a single month after the one observed in July 2006, according to the latest Teranet-National Bank composite index.The index for July was up 2.4 per cent from June, after seasonal adjustments, and marked the fourth consecutive monthly rise.After declining from a peak in April 2022 as the higher rate environment sidelined some buyers, recent rises in the home price composite index have erased some of this correction, the report said. “The deep declines that we saw through 2022 are largely being unwound,” said Douglas Porter, the Bank of Montreal’s chief economist. The Teranet-National Bank index tends to lag other housing market measures in part because it’s more detailed, he noted.Other measures are starting to show some softening in the market over the summer, and Porter thinks that softening will begin to show up in this index going forward as well.“I think what we’re going...

Tilray takes full ownership of Truss Beverage from Molson Coors Canada

Published Wed, 26 Feb 2025 12:31:53 GMT

Cannabis company Tilray Brands Inc. is taking on full ownership of the pot drinks company it ran with Molson Coors Canada.The Leamington, Ont.-based pot firm said Friday that it had signed a deal to acquire the remaining 57.5 per cent of Truss, which is behind the XMG, Little Victory, Mollo, Veryvell, House of Terpenes and Bedfellows Liquid Arts brands.The companies did not disclose the terms of the deal, but Molson Coors indicated it was willing to relinquish its stake because of the state of the market.“The cannabis beverage market hasn’t grown to the industry’s initial expectations, so we decided to sell our portion of the Truss,” said Adam Collins, the brewer’s chief communications officer, in a statement.However, Blair MacNeil, Tilray’s president, saw Truss as a way for his company to bolster its “stable of high-growth brands” and said the acquisition “further strengthens” its position in the Canadian market.“We are excited to bui...

What to stream this weekend: ‘Monkey King,’ Stand Up to Cancer, ‘No Hard Feelings,’ Madden NFL 24

Published Wed, 26 Feb 2025 12:31:53 GMT

Jennifer Lawrence’s R-rated comedy “No Hard Feelings” and the more family friendly animated movie “The Monkey King” from director Stephen Chow are among the new television, movies, music and games headed to a device near youAmong the offerings worth your time as selected by The Associated Press’ entertainment journalists are a Harlan Coben TV adaptation with a young protagonist, Irish singer-songwriter Hozier’s third studio album and sweet Marcie, the introverted member of the “Peanuts” gang gets a special, “Snoopy Presents: One-of-a-Kind Marcie.”NEW MOVIES TO STREAM— Parents looking for fresh animated offerings should rejoice that Netflix has a new film from Stephen Chow, the actor and producer known for “Kung Fu Hustle” and “Shaolin Soccer,” in “The Monkey King” streaming Friday. Jimmy O. Yang of “Silicon Valley” and “Crazy Rich Asians” voices said Monkey King, born from a stone with magical powers and a big ego and who is on a quest for immortality. A young human girl (Joli...

3 of 5 former Memphis officers charged in Tyre Nichols’ death want separate trials

Published Wed, 26 Feb 2025 12:31:53 GMT

MEMPHIS, Tenn. (AP) — A Tennessee judge on Friday set a September court hearing to discuss requests by three of five former Memphis police officers charged in the death of Tyre Nichols to face separate trials.Lawyers for Tadarrius Bean, Desmond Mills and Justin Smith have filed motions asking Judge James Jones Jr. to grant them separate trials on second-degree murder and other charges in the violent beating and death of Nichols in January.The three officers, plus former colleagues Demetrius Haley and Emmitt Martin, have pleaded not guilty to charges connected with Nichols’ beating, which was captured on police video and intensified discussions about police brutality in Memphis and across the country.If the judge grants all the severance requests, there could be four trials for the officers, who have been fired for violations of Memphis Police Department policies in connection with Nichols’ beating and death.Nichols was stopped by police on Jan. 7 for an alleged traffic v...

Miami Mayor Francis Suarez, a fierce DeSantis critic, claims he’s qualified for presidential debate

Published Wed, 26 Feb 2025 12:31:53 GMT

NEW YORK (AP) — Miami Mayor Francis Suarez claimed on Friday that he has qualified for next week’s Republican presidential debate and would become the ninth White House hopeful to meet the fundraising and polling thresholds required to participate in the opening face-off of the 2024 campaign.But senior advisers with the Republican National Committee who spoke on the condition of anonymity to share internal discussions said later that Suarez had not yet officially met the criteria.Suarez, 45 and the only Hispanic in the field, would be perhaps the least-known Republican on the stage Wednesday in Milwaukee. But with an audience expected of more than 10 million viewers, he said the debate will give him equal footing to contrast his personality against his higher-profile opponents. He argued that he is uniquely positioned to help the Republican Party reach out to Hispanic and younger voters in particular. “Oftentimes, it’s not policy because we agree, by and large about policy, ri...

1 killed in rollover crash on I-80 in Ottawa

Published Wed, 26 Feb 2025 12:31:53 GMT

OTTAWA, Ill — A person was killed in a rollover accident on Interstate 80 in Ottawa Friday morning.The crash happened just before 10 a.m. on westbound I-80 near milepost 93. According to preliminary information, Illinois State Troopers responded to the scene for the report of a two-vehicle crash involving a truck-tractor semi-trailer and a SUV.ISP says the SUV rolled over several times before coming to a stop in the median. One person was pronounced dead. 6 robbed at gunpoint at different locations on Chicago’s North Side All lanes of westbound I-80 were shut down as the crash was investigated.

Watch via satellite as at least 14 new wildfires ignite in British Columbia overnight

Published Wed, 26 Feb 2025 12:31:53 GMT

BRITISH COLUMBIA, Canada — At least 14 new fires were detected in British Columbia, Canada, between Thursday, August 17 and Friday, August 18.Those 14 new locations bring the total individual fires burning across the province to about 380, according to the B.C. Wildfire Service. The Canadian Broadcasting Corporation has reported the 2023 wildfire season is already B.C.'s most destructive on record. Chicago Air and Water Show 2023 kicks off over Lake Michigan Windy weather and lightning are expected to worsen fire conditions in the region going into the weekend, local news reported. Fire danger was extreme in the southern parts of the province, according to a Natural Resources Canada map.These satellite images by the Cooperative Institute for Research in the Atmosphere (CIRA) show increased fire activity in the region between Thursday and Friday.Credit: CSU/CIRA & NOAA via Storyful

IRS agent fatally shot during training

Published Wed, 26 Feb 2025 12:31:53 GMT

(The Hill) - An agent with the IRS was shot and killed during a firearms training exercise in Phoenix, the FBI confirmed Friday.The shooting occurred at the firing range of the Phoenix federal prison, which is the interagency training ground for federal agents in the region, the FBI said.IRS agents were at the range Friday for “routine training,” the bureau said. Trump’s Georgia case lists 30 unindicted co-conspirators: What we know Details of the incident were not made available. “To preserve the integrity and capabilities of the investigation, details of the ongoing process will not be released. Findings of the FBI investigation will be turned over to the U.S. Attorney’s Office, District of Arizona for review,” the bureau’s Phoenix office said in a statement.“The FBI’s investigation will be methodical and thorough to address every element of the incident.”

Neonatal nurse found guilty of killing 7 babies in British hospital

Published Wed, 26 Feb 2025 12:31:53 GMT

LONDON (AP) — A neonatal nurse in a British hospital was found guilty Friday of murdering seven babies and trying to kill six others during a yearlong campaign of deception when she preyed on the vulnerabilities of premature and sick newborns as well as their anxious parents.Following 22 days of deliberation, the jury at Manchester Crown Court convicted 33-year-old Lucy Letby of killing the babies in the neonatal unit at the Countess of Chester Hospital in northwest England between 2015 and 2016.This undated handout issued by Cheshire Constabulary shows of nurse Lucy Letby. A neonatal nurse in a British hospital has been found guilty of killing seven babies and trying to kill six others. Lucy Letby was charged with murder in the deaths of five baby boys and two girls, and the attempted murder of five boys and five girls, when she worked at the Countess of Chester Hospital in northwest England between 2015 and 2016. (Cheshire Constabulary via AP)“Parents were exposed to her morbid cu...

Bowie High School addresses social media threat made against campus

Published Wed, 26 Feb 2025 12:31:53 GMT

Editor's Note: The video above shows KXAN Live's top headlines for Aug. 18, 2023AUSTIN (KXAN) — On Friday, the administration at James Bowie High School in south Austin addressed a threat that was posted to social media against the campus.Principal Mark Robinson said staff were made aware of the threat Thursday, Austin ISD Police were immediately contacted, and an investigation ensued, according to a message sent to the school community.The message was sent around 9:20 a.m. Friday.“The person who made the threat is now in Austin ISD Police custody. The person did not have access to weapons, and our campus was and remains safe,” Robinson said.According to the school, out of an abundance of caution, there would be extra law enforcement presence on campus Friday.AISD has a notification system available for parents called "School Messenger." The system is the primary mass notification tool used by the district for a variety of communication purposes.According to the district, School Mes...