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SNC-Lavalin to sell Scandinavian division in first big move in its strategic review

Published Fri, 01 Nov 2024 03:47:11 GMT

MONTREAL — SNC-Lavalin Group Inc. says it has made a deal to sell its Scandinavian engineering business to a French consulting firm, the first big move under its strategic review.SNC-Lavalin says the sale to Systra Group, which specializes in public transport, will yield about 80 million pounds, or roughly $136 million.SNC launched a strategic review in March, eyeing asset selloffs as the company looked to pivot away from cash-draining fixed-price construction contracts and sharpen its game as a pure-play engineering firm in green energy and infrastructure.As other possible divestitures, CEO Ian Edwards has pointed to SNC’s seven per cent stake in the Hwy. 407 toll road near Toronto and to Linxon, a joint venture with Hitachi Energy that focuses on electrical substations.RBC Dominion Securities analyst Sabahat Khan says the Scandinavian segment generated marginal profits and about $95 million in revenue annually — less than two per cent of SNC’s yearly total.The agreemen...

Boy, 16, arrested in North York carjacking; second suspect at-large

Published Fri, 01 Nov 2024 03:47:11 GMT

Toronto police arrested a 16-year-old boy and continue to search for a second suspect, both accused of carjacking a woman’s high-end SUV back in May.On May 22, a 38-year-old woman parked her 2021 Aston Martin DBX and went into nearby store in the area of Yonge Street and Avondale Avenue near Highway 401.Police say two suspects who were waiting outside the store confronted the woman when she went back to her SUV and demanded the keys to the vehicle. One of the suspects had a handgun.The suspects then fled the area in her SUV, which has since been recovered.Investigators were able to identify one of the suspects and during a search warrant on Thursday took the male teen into custody.At the time of the search, officers also found a prohibited extended firearm magazine and other evidence related to the investigation.The teen, who is from Toronto, faces seven charges, including Disguise With Intent, Unauthorized Possession of Prohibited Device, and two counts of Possession Property...

Cook County ending livestreaming of court proceedings

Published Fri, 01 Nov 2024 03:47:11 GMT

CHICAGO — Cook County is ending livesteaming court proceedings on YouTube, citing that the COVID-19 pandemic is over.As a result of the pandemic in 2020, the county began live streaming all court proceedings, allowing family and media to attend online.In addition to the ending of the national COVID-19 emergency, the county also cited "rogue actors" that have disrupted court.While viewing court online, Cook County states that it's against the law to record the proceedings. In their statement below, the county claims the livestreaming can "create a permanent electronic record." Court docs: Little Village father accused of killing wife, daughter agreed to rehab prior to shooting; no bail "The Circuit Court of Cook County announced today that, effective July 17, 2023, court proceedings will no longer be livestreamed.During the COVID-19 pandemic and under restrictions of the National Health Emergency and the State of Illinois Public Health Emergency, the court employed technological en...

Boy, 14, charged with carjacking in Auburn Gresham

Published Fri, 01 Nov 2024 03:47:11 GMT

CHICAGO -- A 14-year-old boy is facing felony charges after an armed carjacking that took place in the city's Auburn Gresham neighborhood last month. According to police, the boy was positively identified Thursday in the 1200 block of West 69th Street as the individual who forcefully took a vehicle at gunpoint from a 47-year-old woman and a 50-year-old man. Pat Fitzgerald gets a suspension after Northwestern hazing investigation The incident took place in the 1100 block of West 78th Street on June 19th. The boy was taken into custody and charged accordingly. There was no additional information provided.

Marcus Stroman on his decision not pitch in the MLB All-Star Game

Published Fri, 01 Nov 2024 03:47:11 GMT

MILWAUKEE — As it turns out, Cubs fans won't see one of their All-Stars take part in the "Midsummer Classic" next week.After pitching against the Brewers on Thursday in Milwaukee, Marcus Stroman told reporters that he won't be doing the same in Tuesday's All-Star Game in Seattle. This comes after a busy start to 2023 in which he pitched in the World Baseball Classic and made 19 starts for the Cubs in his second season in Chicago."It's been a lot since WBC, coming into this year, I've made every start, which I'm thankful for, grateful for, everyone that's been involved," said Stroman on Marquee Sports Network, who listed a number of Cubs staff members in thanking them for keeping him healthy this season. "It's been a huge process, so very thankful for everybody who has helped me get to this point."But definitely looking forward to having a little bit of a break. Kinda just restoring my energy, clearing my mind, and have a good second half."Stroman also said that he may not travel to ...

Pritzker announces $40B investments in state transportation investments

Published Fri, 01 Nov 2024 03:47:11 GMT

SPRINGFIELD, Ill. — Commuter trains, roads, and other forms of transportation will see tens of billions of dollars in investments across Illinois over the next several years.Over the next six years, Governor JB Pritzker says more than $40 billion dollars will be invested in improving all modes of transportation calling it the largest construction project in state history.The announcement, made Friday morning in Springfield by Pritzker, Illinois’ Secretary of Transportation and members of the general assembly.Officials say the program is a “blueprint to improve roads, bridges, transit, rail, airports, waters, bike and pedestrian accommodations over the next six years.” What qualifies for an AMBER Alert in Illinois? According to information released by the state, the fiscal year 2023 “annual highway improvement program” totals nearly four billion dollars…and will be significantly larger than years past.  In the 2023 fiscal year, officials expect improvements to 900 highway mile...

Olympian Nikki McCray-Penson, who won 2 basketball gold medals, dies at 51

Published Fri, 01 Nov 2024 03:47:11 GMT

Two-time Olympic gold medalist and former ABL MVP Nikki McCray-Penson has died. She was 51.McCray-Penson was an assistant women's basketball coach at Rutgers last season and the school on Friday confirmed her death. She was diagnosed with breast cancer in 2013.She joined Dawn Staley as an assistant coach at South Carolina from 2008-17. She was part of the Gamecocks’ first national championship in 2017.McCray-Penson won gold medals with the U.S. women's basketball team at the 1996 and 2000 Olympics. The 1996 team sparked the formation of the WNBA and ABL. She played in the ABL and won MVP honors in 1997 before heading over to the WNBA. McCray-Penson was a three-time All-Star in that league while playing for the Washington Mystics. Olympic medal-winning sprinter Tori Bowie dies at 32 She played eight seasons in the WNBA before retiring in 2006. She was an assistant coach at Western Kentucky for three seasons.McCray-Penson then became the head coach at Old Dominion for three season...

These industries added the most jobs in June

Published Fri, 01 Nov 2024 03:47:11 GMT

(The Hill) -- The U.S. added 209,000 jobs in June, according to the latest jobs report released by the Labor Department Friday morning, the smallest monthly jobs gain since December 2020. Government, health care and social assistance saw the biggest gains, while other major industries saw little to no change.The unemployment rate, which has ranged from 3.4 percent to 3.7 percent since March 2022, dipped slightly to 3.6 percent. But the number of people employed part-time for economic reasons jumped by 452,000 to 4.2 million in June, an early sign the job market could be cooling after a hotter-than-expected start to the year.“The June Jobs Report was poised to be another blowout. Instead, it showed signs of the labor market cooling—perhaps the result of the Fed’s rate hikes finally biting,” Julia Pollak, chief economist at ZipRecruiter, said.Government hiring leads the wayThe U.S. Capitol in Washington, D.C., is seen from the East Front Plaza on Tuesday, June 27, 2023. (Greg Nas...

Impact paddle boarders, kayakers have on Lady Bird Lake

Published Fri, 01 Nov 2024 03:47:11 GMT

AUSTIN (KXAN) — In the midst of holiday celebrations, numerous people took to Lady Bird Lake, whether by paddle board, kayakers or other means, but how does the increase in people on the lake impact the ecosystem?The City of Austin’s Watershed Protection Department said a lot of paddlers and people walking on the sediments could dislodge aquatic plants and stir-up sediments, temporarily increasing turbidity and nutrient contents.And with any large gathering in the water, there is the potential to increase, on a local scale, bacteria and E. coli in the water.The department said the number of visitors on Lady Bird Lake increases in the summer, especially on weekends and holidays; however, following Fourth of July celebrations, it said the Lake Crew did not observe anything out of the ordinary while working Wednesday.The cleanup efforts by the department are expected to continue through the remainder of the week, according to the city.“Cleaning Lady Bird Lake is an ongoing effort betwe...

Longhorns earned $15.5M in NIL deals so far; new information now limited by Texas law

Published Fri, 01 Nov 2024 03:47:11 GMT

AUSTIN (KXAN/Austin Business Journal) -- In the two years since University of Texas student athletes were allowed to ink name, image and likeness deals, they've earned at least $15.5 million, according to reporting from the Austin Business Journal based on public records requests. Inside the future of NIL and how Texas stack up Most of the money -- $13, 579, 662 -- went toward football and men's basketball, but student athletes from 15 different sports reported 2,980 deals to the university as of June 30, ABJ reported. It added the total was $15,698,439 but that some information -- such as athlete names, businesses and specific amounts -- was redacted in its request to comply with the Family Educational Rights and Privacy Act, so the list was incomplete. Part of a new Texas law will also make it harder to get information about NIL deals as it exempts the release of public information.The NCAA adopted rules in 2021 that allowed student athletes to benefit from these NIL deals. Coll...