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CWB Financial Group reports Q4 profit up from year ago, raises quarterly dividend

Published Wed, 12 Feb 2025 09:10:17 GMT

EDMONTON — CWB Financial Group raised its dividend as it reported its fourth-quarter profit rose compared with a year ago.The Edmonton-based bank says it will pay a quarterly dividend of 34 cents per share, an increase of a penny.The higher payment to shareholders came as CWB says its common shareholders’ net income totalled $76.8 million or 80 cents per diluted share for the quarter ended Oct. 31, up from $67.7 million or 72 cents per diluted share a year earlier.Revenue totalled $291.8 million, up from $279.8 million in the same quarter last year.CWB reported a provision for credit losses of $9.8 million for its fourth quarter compared with $12.2 million in the same quarter a year ago.On an adjusted basis, CWB says it earned 94 cents per share in its latest quarter, up from an adjusted profit of 88 cents per share a year earlier.“We expect to maintain strong financial results in fiscal 2024 against continued volatility in economic and market conditions,” CWB chie...

Man fatally shot by police at Newmarket apartment; SIU investigating

Published Wed, 12 Feb 2025 09:10:17 GMT

The province’s police watchdog is investigating a police-involved shooting in Newmarket that left a man dead on Thursday night.York Regional Police officers were called to an apartment on Crowder Boulevard, near Leslie and Mulock, around 10:30 p.m. for a domestic disturbance.The Special Investigations Unit (SIU) say officers found a 37-year-old man in a stairwell of the building. The man was shot following an interaction with police.The man was pronounced dead at the scene.The SIU has assigned five investigators and three forensic investigators to the case. A post-mortem is scheduled for Saturday.The SIU is an independent agency that investigates the conduct of police officers that may have resulted in death, serious injury, sexual assault or the discharge of a firearm at a person.

Greek soccer matches postponed after clashes leave police officer in critical condition

Published Wed, 12 Feb 2025 09:10:17 GMT

ATHENS, Greece (AP) — This weekend’s top-level soccer matches in Greece have been postponed following serious clashes involving sports fans that left a police officer in critical condition after he was hit by a flare.Greek league organizers said weekend matches would be rescheduled after it failed to fill referee positions for key matches.The decision announced Friday followed a series of violent sport-related incidents and came hours after police detained more than 400 people following the riots outside a volleyball stadium in Athens.Violent groups of soccer fans often choose other sports where their clubs are represented, and have a lower level of policing, to carry out attacks.“The perpetrators of these horrendous crimes have nothing to do with sport. … They are common criminals who threaten and sometimes take human lives and destroy property,” government spokesman Pavlos Marinakis said. The latest clashes occurred during a volleyball match between the city’s two larg...

Woman dead after alleged homicide in East Gwillimbury

Published Wed, 12 Feb 2025 09:10:17 GMT

York police’s homicide unit is investigating after a woman has died after an altercation in East Gwillimbury on Thursday night.Police responded to a call at approximately 9:55 p.m. last night for an assault at a home on Davis Drive east of Warden Avenue.Allegedly there was an altercation with several people that occurred inside the home, and a woman in her 30’s was found on scene with vital signs absent. Paramedics say she was possibly suffocated, she was transported to hospital where she was pronounced dead.Police say it is an isolated incident and there is no threat to public safety. There is no word on anyone in custody.

Man in 30s injured in shooting at Scarborough tow yard

Published Wed, 12 Feb 2025 09:10:17 GMT

Police are searching for a white car after an overnight shooting at a tow yard in Scarborough that left a man with serious injuries.Emergency crews were called to the area of Birchmount Road and St. Clair Avenue East around 2 a.m. Friday for reports someone had been shot.Officers located a man in his 30s with gunshot wounds at a tow yard in the area.Paramedics say the man was rushed to hospital with serious but non-life-threatening injuries.Police say the suspect, or suspects, left the area in a white car before officers arrived.

Crowds line Dublin streets for funeral procession of The Pogues singer Shane MacGowan

Published Wed, 12 Feb 2025 09:10:17 GMT

LONDON (AP) — Thousands of people lined the streets of Dublin on Friday to say goodbye to The Pogues front man Shane MacGowan as his funeral procession wound through the Irish capital.MacGowan died Nov. 30 at the age of 65 after a lifetime of drinking, carousing and writing songs that fused Irish tradition with the spirit of punk.Crowds applauded as a horse-drawn glass-sided carriage bore MacGowan’s coffin, draped in an Irish tricolor, through the streets, and some people sang the folk song “Dirty Old Town,” recorded by The Pogues in the 1980s. A marching band struck up “Fairytale of New York,” The Pogues’ most famous song.Many mourners said they had vivid memories of the band’s rowdy performances.“I remember the first time I saw The Pogues in the Hammersmith Odeon in 1985,” said Aidan Grimes, 60. “It is imprinted in my mind forever, just the madness and mayhem, the raucous nature of his singing and the music they were playing.“Through the years he evolved into a great poet and he w...

Putin will seek another presidential term in Russia, aiming to extend his rule of over two decades

Published Wed, 12 Feb 2025 09:10:17 GMT

MOSCOW — Vladimir Putin on Friday moved to prolong his repressive and unyielding grip on Russia for at least another six years, announcing his candidacy in the presidential election next March that he is all but certain to win.Putin still commands wide support after nearly a quarter-century in power, despite starting an immensely costly war in Ukraine that has taken thousands of his countrymen’s lives, provoked repeated attacks inside Russia — including one on the Kremlin itself — and corroded its aura of invincibility.A short-lived rebellion in June by mercenary leader Yevgeny Prigozhin raised widespread speculation that Putin could be losing his grip, but he emerged with no permanent scars. Prigozhin’s death in a mysterious plane crash two months later reinforced the view that Putin was in absolute control.Putin announced his decision to run in the March 17 presidential election after a Kremlin award ceremony, when war veterans and others pleaded with him to seek re-election. “I w...

2 injured after police chase ends in crash on South Side

Published Wed, 12 Feb 2025 09:10:17 GMT

CHICAGO — Two people are injured after a car crash during a police chase on the city's South Side.According to preliminary information, Illinois State Police observed a white Chrysler driving recklessly around 11:30 p.m. Thursday near 71st Street and Union Avenue.When troopers attempted a traffic stop, the vehicle fled at a high-rate of speed.The chase ended at 71st Street and Francisco Avenue after the vehicle crashed into five parked cars. ISP reports a man and woman, the driver and passenger, were injured in the accident. One had to be extracted from the vehicle by firefighters.Both the man and woman were transported to Advocate Christ Medical Center with serious injuries. Liquor store, restaurant employees robbed at gunpoint in Cicero Troopers recovered a gun from the vehicle. No further details have been provided at this time.

WGN donates to ABC7 toy drive

Published Wed, 12 Feb 2025 09:10:17 GMT

WGN doing the neighborly deed and donating to our good friends, ABC7 and their toy drive!Love the WGN Morning News? We love you, too. And you can have all the hijinks delivered to your inbox every weekday morning. Sign up and subscribe to our WGN Morning News newsletter.

Police identify teen killed in Nov. 25 shooting

Published Wed, 12 Feb 2025 09:10:17 GMT

Editor's note: The video above aired on Nov. 26, 2023. AUSTIN (KXAN) – Austin Police on Thursday identified a teenager shot and killed at a party during Thanksgiving weekend in east Austin. According to APD, officers found Patrick Valadez, 16, and another person, a male, in the 2500 block of Sol Wilson Avenue on Saturday, Nov. 25 around 10:10 p.m. APD said both victims had multiple gunshot wounds. Valadez was pronounced dead at the scene, police said. The second victim remains in the hospital in stable condition, according to APD. APD said detectives determined the shooting happened during a party where the suspect had arrived. According to police, the suspect was asked to leave and shots were fired in front of the residence where both victims were hit by the gunshots. APD said the suspect left the area in a vehicle immediately after the shooting. MAP: Where have Austin's homicides occured in 2023? Anyone with any information should contact APD's Homicide unit at 5...