General Motors reaches tentative agreement with UAW, potentially ending six-week strike
Published Mon, 23 Dec 2024 16:47:06 GMT
By TOM KRISHER (Associated Press)DETROIT (AP) — Facing the loss of another $200 million this week to a lengthy strike, General Motors CEO Mary Barra wrapped up her weekend by going to the United Auto Workers’ Detroit headquarters intent on getting a new contract.Joined by manufacturing chief Gerald Johnson at the meeting that started late Sunday, they were able to close a deal with UAW President Shawn Fain and other bargainers early Monday that should end a contentious six-week work stoppage, three people briefed on the matter said Monday.The tentative deal, which came on Fain’s 55th birthday, capped a furious few days of agreements that still need to be ratified by 146,000 UAW members at GM, Ford and Jeep-maker Stellantis. Ford agreed to a new contract last week and was followed by Stellantis on Saturday, which raised the pressure on GM to settle for essentially the same terms.All agreed to contracts that would last four years and eight months, raise general wages 25% for top assem...Fire breaks out at Borrego Springs country club
Published Mon, 23 Dec 2024 16:47:06 GMT
BORREGO SPRINGS, Calif. -- Firefighters early Monday were battling a fire at De Anza Country Club in Borrego Springs.By the time crews arrived at the scene, about three-fourths of the building was involved with heavy flames, Cal Fire San Diego said in a post on X, formerly known as Twitter.As of 6 a.m., no injuries had been reported, and flames had not spread to any other buildings or brush. Crash closes northbound I-5 lanes at Del Mar Heights Road More than 60 firefighters were working to put out the blaze.Check back for updates on this developing story.Brush fire near border prompts closure to I-8
Published Mon, 23 Dec 2024 16:47:06 GMT
SAN DIEGO -- A two-acre brush fire broke out near the border Sunday evening, prompting partial road closures to the Interstate 8 through San Diego County.Cal Fire crews responded to the wildfire, which was nicknamed the "Miller Fire," along the I-8 near the town of Boulder Oaks around 7:30 p.m. According to fire officials, the blaze grew at a moderate rate, but crews were able to stop forward spread and contain it by 8:30 p.m.Crews are expected to remain on scene for the next few hours extinguishing hot spots, Cal Fire said in a post on X, formerly known as Twitter. ‘Critical’ fire conditions possible in San Diego as Santa Ana winds pick up The far right lane of the eastbound I-8 between La Posta and Crestwood has been closed as a result of the fire, according to Cal Trans. It is unknown how long the closure will be in place.The Miller Fire is the second to ignite on Sunday, both coming ahead of the peak for the first notable Santa Ana wind event this year.The first brush fire -- ...McDonald’s pumps brakes on prices as US traffic falls slightly, but Q3 sales beat expectations
Published Mon, 23 Dec 2024 16:47:06 GMT
McDonald’s said it’s pumping the brakes on higher prices and focusing more on value meals after seeing a drop-off in visits by some customers.The burger giant reported better-than-expected sales in the third quarter Monday. Global same-store sales — or sales at locations open at least a year — rose 8.8% in the July-September period. That was ahead of Wall Street’s forecast of an 8% increase, according to analysts polled by FactSet. But price increases have weighed on customers. McDonald’s said its U.S. traffic fell slightly in the third quarter as it saw fewer visits from customers with annual incomes of $45,000 or less.Chief Financial Officer Ian Borden said the company did increase U.S. prices in the third quarter but at a lower rate. McDonald’s expects its U.S. prices will increase just over 10% for the full year, he said.“Inflation is starting to come down and we expect pricing to come down,” Borden said during a conference call with investors.But t...A former British cyberespionage agency employee gets life in prison for stabbing an American spy
Published Mon, 23 Dec 2024 16:47:06 GMT
LONDON (AP) — A former British cyberespionage employee who had become angry and resentful toward his agency’s work was sentenced Monday to life in prison for attempted murder in the vicious stabbing of an American intelligence worker assigned to the U.K.Joshua Bowles, 29, punched the woman and knifed her repeatedly in what was called a “politically motivated” attack as she left a gym March 9 in the western England town of Cheltenham, which is home to the U.K.’s electronic spy agency, Government Communications Headquarters, better known as GCHQ.“I’ve just tried to kill her,” Bowles said, according to Steve Bunn, who helped stop the attack. “It’s … good … I didn’t have a gun, isn’t it? I make a pretty (expletive) terrorist, don’t I?”Bowles will serve at least 13 years in prison before any chance at early release.The woman, identified in court only by a code number, 99230, worked for the National Security Agency, which spies on electronic communications for the ...Book Review: ‘The Warped Side of Our Universe’ a novel look at secrets of cosmos
Published Mon, 23 Dec 2024 16:47:06 GMT
Black holes, wormholes and other mysteries of the universe are so firmly embedded in popular culture — from Carl Sagan’s “Contact” to Christopher Nolan’s “Interstellar” — that readers with no scientific background have some images in mind when the concepts are mentioned. But in “The Warped Side of Our Universe: An Odyssey Through Black Holes, Wormholes, Time Travel, and Gravitational Waves,” physicist Kip Thorne and artist Lia Halloran find a novel approach to exploring these topics in startling detail. The collaboration between the two is just as fascinating as the book itself. Thorne is among three astrophysicists who won the Nobel prize in physics in 2017 for their research into gravitational waves. For the past 13 years he and Halloran have partnered on this book as a way to explain the research that has helped shed light on the far reaches the universe.Written in verse form, Thorne’s writing is perfectly complemented by Halloran’s vivid illustrations in ...Poilievre calls on Liberals to exempt all forms of home heating from carbon price
Published Mon, 23 Dec 2024 16:47:06 GMT
OTTAWA — Conservative Leader Pierre Poilievre is calling on the Liberals to exempt all forms of home heating from the carbon price, after Prime Minister Justin Trudeau announced an exemption on home heating oil.The federal government announced last week it is increasing the carbon price rebate for rural Canadians and lifting the carbon price off home heating oil entirely for the next three years.The changes come as affordability concerns leave their party flailing in the polls in Atlantic Canada.Poilievre wrote a letter to Trudeau on Sunday urging the Liberals to expand the exemption to all forms of home heating, including natural gas which is more common in Western Canada.In an interview with CTV News on the weekend, Rural Economic Development Minister Gudie Hutchings said the Liberals’ Atlantic caucus pushed for the changes to home heating oil.Hutchings suggested that perhaps Prairie provinces should elect more Liberals to push for exemptions that affect constituents in thos...Financial and tech stocks boost S&P/TSX composite, U.S. stock markets also up
Published Mon, 23 Dec 2024 16:47:06 GMT
TORONTO — Strength in financial and technology stocks helped lift Canada’s main stock index in late-morning trading, while U.S. stock markets also pushed higher.The S&P/TSX composite index was up 28.81 points at 18,766.20.In New York, the Dow Jones industrial average was up 282.79 points at 32,700.38. The S&P 500 index was up 19.25 points at 4,136.62, while the Nasdaq composite was up 64.93 points at 12,707.94.The Canadian dollar traded for 72.25 cents US compared with 72.17 cents US on Friday.The December crude contract was down US$2.87 at US$82.67 per barrel and the December natural gas contract was down 14 cents at US$3.34 per mmBTU.The December gold contract was up US$7.60 at US$2,006.10 an ounce and the December copper contract was up two cents at US$3.66 a pound.This report by The Canadian Press was first published Oct. 30, 2023.Companies in this story: (TSX:GSPTSE, TSX:CADUSD) The Canadian PressTeck Resources president and COO Harry Conger to retire Wednesday
Published Mon, 23 Dec 2024 16:47:06 GMT
VANCOUVER — Teck Resources Ltd. says Harry (Red) Conger will retire as president and chief operating officer, effective Wednesday.He is also expected to step down from Teck’s board of directors at the same time.Teck says chief executive Jonathan Price will assume the role of president, while a search will be conducted to fill the chief operating officer job.Conger joined Teck in September 2020 as executive vice-president and chief operating officer.He was promoted to president and chief operating officer in September 2022. The move comes as Teck continues to review options for its steelmaking coal business.This report by The Canadian Press was first published Oct. 30, 2023.Companies in this story: (TSX:TECK.B)The Canadian PressAuthorities say Puerto Rico policeman suspected in slaying of elderly couple has killed himself
Published Mon, 23 Dec 2024 16:47:06 GMT
SAN JUAN, Puerto Rico (AP) — A Puerto Rican police officer identified as the suspect in the gruesome slaying of an elderly couple that shocked the U.S. territory killed himself early Monday, authorities said.José Miguel Centeno Sánchez worked at a police station in the northwest town of Aguadilla and had been hired by the couple as a handyman, Police Commissioner Antonio López said in a news conference.López said Centeno died by suicide around dawn on Monday when officers arrived at his home to serve a search warrant.“For us, Centeno Sánchez was never a real police officer, and does not represent any of our more than 11,000 police officers committed to protecting the life and property of our citizens,” López said.The couple slain earlier this month in the northwest coastal town of Isabela was identified as Idelfonso Janeiro Rodríguez, 83, and Angélica Adorno Cruzado, 77. Authorities said they were bound, gagged and shot in the head, adding that they suspected robbery as the motive.A...Latest news
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