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Bombardier CEO says business jets still in high demand, but stock price descends

Published Mon, 25 Nov 2024 04:20:13 GMT

MONTREAL — Despite supply chain snarls, Bombardier boosted its second-quarter revenues amid ongoing demand for business jets as deliveries and aftermarket services ramped up, said CEO Éric Martel.“Our team successfully navigated a highly dynamic business environment that saw sustained demand for new and pre-owned jets, as well as steady service growth, all while supply chain pressure persisted,” Martel said in a statement Thursday.In the quarter ended June 30, the plane maker boosted revenue by eight per cent year over year on the back of 29 jet deliveries and a big leap in income from repairs and parts replacement for some of the 5,000-odd Bombardier planes that ply the skies globally.The number of shipments allowed Bombardier to maintain a “line of sight” toward reaching its 2023 forecast of at least 138 jet deliveries by the end of the year, Martel told analysts on a conference call. “I am very comfortable with our more than 138 total delivery targets.” But he qualifi...

National Ballet of Ukraine to tour Canada, celebrate ‘art and beauty over tyranny’

Published Mon, 25 Nov 2024 04:20:13 GMT

MONTREAL — The National Ballet of Ukraine says an upcoming tour of Canada will celebrate “art and beauty over tyranny and destruction.”Prima ballerina Olga Golytsia says the company intends to show the spirit of Ukraine in a tour starting January 2024 in Québec City.Dancers will highlight Ukrainian culture with traditional dance as well as perform excerpts of famous ballets such as “Le Corsaire,” “Giselle” and “Don Quixote.” Montreal producer Paul Dupont-Hébert says the tour will include stops in Montréal, Ottawa, Toronto, Winnipeg, Regina, Saskatoon, Edmonton, Calgary and Vancouver.Tickets go on sale mid-September for “Nadiya Ukraine.” Nadiya means hope in Ukrainian. The National Ballet of Ukraine is comprised of 150 dancers. Before the Russian invasion in February 2022, the company staged 16 productions a month at Kyiv’s Taras Shevchenko National Opera House.Golytsia said Thursday in a release that the Canadian tour “means so much as...

Investigators name the trooper who fatally shot a Black Minnesota man during a traffic stop

Published Mon, 25 Nov 2024 04:20:13 GMT

Investigators identified on Thursday the Minnesota State Patrol trooper who fatally shot a Black man during a traffic stop, a day after family and activists called for all three troopers involved in the stop to be fired. Trooper Ryan Londregan shot 33-year-old Ricky Cobb II after he refused to leave his car during a Monday stop on a Minneapolis freeway, according to the Minnesota Public Safety Department’s Bureau of Criminal Apprehension. The agency handles cases of officer-involved shootings.Trooper Brett Seide initially pulled Cobb over when he saw the taillights were out on the Ford Fusion Cobb was driving, the bureau said in a statement. The bureau said Seide checked Cobb’s record and found he was wanted for a “probable cause arrest for a felony order-for-protection violation” issued by the nearby Ramsey County Sheriff’s Office.Londregan and Trooper Garrett Erickson arrived later and helped as Seide tried to pull Cobb out of the car before Londregan shot him and Cobb...

Delaware county agrees to pay more than $1 million to settle lawsuit over fatal police shooting

Published Mon, 25 Nov 2024 04:20:13 GMT

DOVER, Del. (AP) — Officials in Delaware’s largest county have agreed to pay more than $1 million to settle a lawsuit stemming from a fatal police shooting in 2021.The settlement, obtained from New Castle County on Thursday by The Associated Press through a Freedom of Information Act request, calls for the county to pay $1.05 million to a law firm representing the family of Lymond Moses. It also calls for the dismissal of all claims against the three officers involved in the incident.Moses, 30, was shot shortly after 1 a.m. on Jan. 13, 2021, as he drove toward the three county officers, who were patrolling in a Wilmington neighborhood where several stolen vehicles had been found.Moses’ family sued New Castle County and Officers Roberto Ieradi, Robert Ellis and Sean Sweeney-Jones for wrongful death and excessive force. They also alleged that the officers acted recklessly and violated Moses’ constitutional rights. The lawsuit claimed the county failed to train police properly and that...

Ex-police union boss gets 2 years in prison for $600,000 theft

Published Mon, 25 Nov 2024 04:20:13 GMT

NEW YORK (AP) — The former president of one of the nation’s largest police unions was sentenced to two years in prison Thursday for stealing $600,000 from a fund made up of contributions from members of the Sergeants Benevolent Association.Ed Mullins was sentenced in Manhattan federal court by Judge John G. Koeltl, who said he was balancing the four decades of police work and numerous charitable deeds Mullins had carried out against the crime he engaged in from 2017 through 2021. Mullins was also ordered to forfeit $600,000 and pay the same amount in restitution.Mullins, 61, of Port Washington, admitted the theft in January when he pleaded guilty to a wife fraud charge.He said Thursday that he had “lost” himself in carrying out the crime.“My regret cannot be put into words,” Mullins said. “I make no excuses. I made an incredibly bad decision.”His deal with prosecutors called for a sentence of up to 3 1/2 years in prison, which is what prosecutors requested.The SBA, which...

Ex-Mississippi officers plead guilty to racist assault on 2 Black men during raid

Published Mon, 25 Nov 2024 04:20:13 GMT

JACKSON, Miss. (AP) — Six white former law enforcement officers in Mississippi who called themselves the “Goon Squad” have pleaded guilty to a racist assault on two Black men who were brutalized during a home raid that ended with an officer shooting one man in the mouth, federal prosecutors say.The civil rights charges were unsealed Thursday as the officers — five former Rankin County sheriff’s deputies and an ex-Richland police officer — appeared in federal court and pleaded guilty.The charges come after an Associated Press investigation that linked the deputies involved in the episode to at least four violent encounters with Black men since 2019 that left two dead and another with lasting injuries.Court documents show that on Jan. 24, the officers burst into the home without a warrant, then handcuffed and used a stun gun on the two men, Michael Corey Jenkins and Eddie Terrell Parker. The officers assaulted them with a sex object, beat them and used their stun guns repeatedly over ...

US Rep. Manning, of North Carolina, is injured in a car accident and released from hospital

Published Mon, 25 Nov 2024 04:20:13 GMT

GREENSBORO, N.C. (AP) — U.S. Rep. Kathy Manning, a North Carolina Democrat, was injured in a car accident Thursday in her district and was treated at a hospital, her office said. The second-term congresswoman was traveling in Greensboro in a car driven by a staff member when the accident occurred between 9 and 9:30 a.m., according to a news release and a spokesperson. “They sustained non life-threatening injuries, were taken to the hospital, and have been discharged,” the news release said. Manning was on her way to High Point for a roundtable discussion on gun violence, spokesperson Gia Scirrotto said. The news release thanks first responders and health care workers.Scirrotto said that the staff member driving was not at fault but didn’t have other details. Greensboro police didn’t immediately respond to an email.Manning, who was first elected to Congress in 2020, represents north-central North Carolina’s 6th Congressional District, which covers Guilford, Rockingham and...

Stock market today: Wall Street drifts as its big rally cools some more

Published Mon, 25 Nov 2024 04:20:13 GMT

NEW YORK (AP) — Stocks are drifting Thursday as Wall Street’s red-hot rally for the year cools a bit more.The S&P 500 was 0.3% lower in late trading after teetering between small gains and losses through the day. It’s on pace for a third drop after setting a 16-month high. The Dow Jones Industrial Average was down 64 points, or 0.2%, at 35,217, as of 3:15 p.m. Eastern time, and the Nasdaq composite was 0.2% lower.A day earlier, U.S. stocks tumbled to their worst loss in months. While the drop came after Fitch Ratings downgraded the U.S. government’s credit rating, analysts say they expect the move to mean little for financial markets. U.S. Treasury debt is the cornerstone of the global financial system, but the downgrade likely won’t push any investors to dump theirs.The big questions remain whether the economy will avoid a recession, how corporate profits will do and where interest rates are heading. Hanging over them all is whether the stock market’s big run this year wa...

Italy approves extradition of priest wanted for murder, torture during Argentina dictatorship

Published Mon, 25 Nov 2024 04:20:13 GMT

ROME (AP) — Italy’s justice minister has approved the extradition of an Italian priest sought by Argentina on charges of murder and torture during that country’s last military dictatorship but the priest is appealing the extradition in Italian courts, a lawyer and rights groups said Thursday.Attorney Arturo Salerni, who represents Argentina, told The Associated Press that Justice Minister Carlo Nordio on Wednesday signed off on the request to extradite the Rev. Franco Reverberi, an 85-year-old priest who served as military chaplain during Argentina’s 1976-1983 military dictatorship.However, according to an Italian human rights group monitoring the case, Reverberi is appealing his extradition to Italy’s top criminal court and a ruling isn’t expected for weeks.Due to a clerical error, the justice minister was unaware of the appeal when he issued his ruling Wednesday, explained Jorge Ithurburu, who represents the March 24 human rights advocacy group. Even if the top court rejects Rever...

PETA asks Lake Station mayor to recuse police department after dogs die in box truck

Published Mon, 25 Nov 2024 04:20:13 GMT

LAKE STATION, Ind. — PETA has asked the mayor of Lake Station and its city council to recuse its own police department in an investigation related to several police K9s dying in a box truck.On July 27, a driver carrying the German Shepherds from O'Hare stopped at Road Ranger gas station on Ripley Street to get the dogs out of their crates after hearing them bark.Lake Station police said the AC unit in the back of the box truck failed and the driver became stuck in a two-hour traffic delay.There were 18 German Shepherds traveling in the truck and eight of them died.The executive director of the Hobart Humane Society, Jennifer Webber, was among the first on the scene and claims several municipal codes were broken. The driver was allowed to leave with the remaining dogs who were not hospitalized as residents looked on.On Wednesday, PETA sent a letter to Lake Station Mayor Bill Carroll and the city's council urging Carroll to recuse police department in the investigation. Several K-9s...