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Bombardier bumps up financial goals for 2025 as business jet market takes off

Published Tue, 05 Nov 2024 06:57:16 GMT

MONTREAL — Bombardier Inc. has upped its financial targets for 2025, as the plane maker looks to boost production of business jets amid a growing market.Bombardier, which keeps its books in U.S. dollars, said Thursday it is now aiming for more than US$9 billion in revenue for 2025, up from about US$7.5 billion.It also raised its objective for free cash flow to over US$900 million, up from more than US$500 million.Bombardier’s share price jumped by 7.3 per cent to $66.29 in mid-morning trading on the Toronto Stock Exchange.Despite uncertain economic conditions, chief executive Éric Martel expressed confidence that the Montreal-based company’s strategy is “on track or ahead of plan.”“There is some added volatility and uncertainty in the markets today,” Martel told analysts during a question period at the company’s virtual investor day. “We’ll see how fast the economy is going to come back … but we are capable of taking those little...

Mother faces OWI after car crashes into tree, injuring 2 children

Published Tue, 05 Nov 2024 06:57:16 GMT

KENOSHA, Wis. — A mother is facing OWI charges after crashing into a tree and leaving two children seriously injured in Kenosha Wednesday evening. According to police, Erika McCoy, 27, was travelling at a high speed southbound near the 400 block of Sheridan Road with her two children, 2 and 7, in the back seat when she swerved to avoid a car in front of her and crashed into a tree. McCoy and the children were transported to an area hospital and one of the kids was further transported to Children's Hospital in Milwaukee with possible life-threatening injuries, police say.Police reported that the children were not wearing seatbelts and that McCoy displayed levels of intoxication. Boy, 15, faces multiple felonies for attempted murder She was taken into custody and transported to the Kenosha County Detention Center Jail for operating a vehicle while intoxicated with passengers under 16 causing injury, second-degree recklessly endangering safety and knowingly operating a motor vehicle...

Milwaukee's Summerfest reveals 2023 lineup

Published Tue, 05 Nov 2024 06:57:16 GMT

MILWAUKEE, Wis. — Milwaukee's Summerfest released the full 2023 concert lineup Thursday for the festival's 55th anniversary.The music fest will take place over three weekends; June 22-24, June 29-July 1, and July 6-8. Over 100 artists are scheduled to perform — including, Eric Church, Dave Matthews Band, ODESZA, Zach Bryan, Imagine Dragons, Santa Fe Klan, Earth, Wind & Fire, Noah Kahan, Ava Max, The Pretty Reckless, Sean Paul, Coi Leray, Japanese Breakfast, Yellowcard, Smokey Robinson, Fleet Foxes — and many more. Lollapalooza 2023 official lineup revealed “Celebrating 55 years of live music is a true testament to this festival. Together with the City of Milwaukee, we look forward to hosting music fans from across the globe at Summerfest and delivering a world-class lineup with hundreds of artists during our nine-day run” said Don Smiley, CEO of Milwaukee World Festival, Inc.Tickets for Summerfest are on sale now at Summerfest.com with single day ...

Hyundai, Kia recall vehicles over fire risk, warn to park outside

Published Tue, 05 Nov 2024 06:57:16 GMT

DETROIT (AP) — Hyundai and Kia are telling the owners of more than 571,000 SUVs and minivans in the U.S. to park them outdoors because the tow hitch harnesses can catch fire while they are parked or being driven.The affiliated Korean automakers are recalling the vehicles and warning people to park them away from structures until repairs are made.Affected Hyundai vehicles include the 2019 to 2023 Santa Fe, the 2021 to 2023 Santa Fe Hybrid, the 2022 and 2023 Santa Fe Plug-in hybrid and the 2022 and 2023 Santa Cruz. The only Kia affected is the Carnival minivan from 2022 and 2023. All have Hyundai or Kia tow hitch harnesses that came as original equipment or were installed by dealers. Fox News reporter hugs son on camera as he leaves site of Denver school shooting The Korean automakers say in documents posted Thursday by U.S. safety regulators that water can get into a circuit board on the hitches and cause a short circuit even if the ignitions are off.Hyundai has reports o...

Manhattan grand jury not meeting Thursday in Trump probe

Published Tue, 05 Nov 2024 06:57:16 GMT

The Manhattan grand jury hearing evidence in an ongoing probe into former President Trump's role in a hush money payment made to an adult film star is no longer expected to weigh the case Thursday, multiple outlets report.The move pushes the grand jury's next consideration of the case until Monday, delaying a possible indictment of Trump until then.Grand juries often weigh more than one case while they are empaneled, and jurors could hear from additional witnesses in the hush money investigation when they meet next week.The latest update was first reported by Insider. The Hill has reached out to a Manhattan District Attorney's Office spokesperson for comment.Trump had suggested he would be arrested this past Tuesday and called for protests, but the investigation has yet to turn up an indictment. Prosecutors also told grand jurors to stay home on Wednesday.It’s unclear the reason for the delay. Either Manhattan District Attorney Alvin Bragg (D) or the grand jury can call additional w...

Portage woman charged after 2-year-old daughter finds gun, shoots self

Published Tue, 05 Nov 2024 06:57:16 GMT

PORTAGE, Ind. (AP) — The mother of a 2-year-old Northwest Indiana girl who died after accidentally shooting herself with a gun she found in her home has been charged with neglect of a dependent.The charge has been filed against Abigail Rodriguez, 28, of Portage, online court records showed Wednesday.Hours after shooting herself on Feb. 7, Grace Rodriguez died at Comer Children’s Hospital in Chicago, the Cook County medical examiner’s office said at the time.Abigail Rodriguez told police she and her daughter were in the girl’s bedroom when Grace wandered into her mother’s room and shot herself with a 9 mm handgun, a Portage police officer wrote in an affidavit, The (Northwest Indiana) Times reported.The woman said she thought her daughter was walking toward the living room until she heard a gunshot, the affidavit said, and she rushed into her bedroom and saw Grace on the floor, wounded. Employee injured after vehicle crashes into Northwest Indiana office She said she keep...

WATCH LIVE | IL Secretary of State awards law enforcement $21M to combat carjacking

Published Tue, 05 Nov 2024 06:57:16 GMT

CHICAGO — Car thefts and car jackings continue to trend in the wrong direction with its steady rise. Secretary of State Alexi Giannoulias will award law enforcement in Illinois $21 million dollars to help turn that trend around. Car thefts and carjackings continue to be a problem nationwide with its initial peak at the beginning of the pandemic. Earlier this month, using statistics collection by the National Insurance Crime Bureau, the Chicago Tribune reported auto thefts in Chicago is up 55 percent in 2022 compared to the year before, making Chicago the top city of car thefts last year. Police: 21-year-old Navy sailor missing in Waukegan Chicago police have been making progress in slowing the number of thefts and carjackings by deploying carjacking teams but still continues to be a problem.It is unknown how much Chicago will get out of the 21 million or exactly what it will go to, all questions that should be answered at the press conference Thurs...

Hays County Sheriff's Office looking for suspects who stole construction equipment

Published Tue, 05 Nov 2024 06:57:16 GMT

HAYS COUNTY, Texas (KXAN) -- Hays County authorities asked for the public's help identifying two suspects who stole construction equipment from a Kyle business. During the early morning hours of Feb. 13, two men entered a business on Rhode Road in Kyle and stole construction equipment, including a 2021 JLGT500 Boom Lift, along with a generator, according to the Hays County Sheriff's Office. The suspect vehicle was a white Ford F250 or 350, four-door, long bed work truck. Surveillance captured it towing away a stolen boom lift, pictured below. Suspect truck involved in theft of construction equipment in Kyle on Feb. 23 (Photo courtesy: Hays County Sheriff's Office) Suspect truck towing away boom lift during theft of construction equipment in Kyle on Feb. 23 (Photo courtesy: Hays County Sheriff's Office) If you have information about this incident, identity of persons, whereabouts, etc., contact Detective Richard Lozano at 512-393-2125 or [email protected]. Y...

ValleyCats hosting Opening Day Open House

Published Tue, 05 Nov 2024 06:57:16 GMT

TROY, N.Y. (NEWS10) -- Baseball season is just around the corner with the Tri-City ValleyCats opening day slated for May 12 against the Trois-Rivieres Aigles at 6:30 p.m. Tickets for opening day, and the rest of the season, go on sale on Thursday, March 30. Get the latest, news, weather, sports and community events delivered right to your inbox! The ValleyCats will host an Opening Day Open House on March 30 as well, where fans will be invited to celebrate the return of baseball at Joseph L. Bruno (The Joe) Stadium. The event is free to attend for all fans, and free refreshments will be available, including hot dogs. Giveaways of ValleyCats memorabilia will be offered as well. The Hudson Valley Community College Vikings will take on the SUNY Adirondack Timberwolves that same day for a doubleheader, first at 2 p.m. and then again at 5 p.m.

Bragg says Trump created ‘false expectation’ on potential arrest

Published Tue, 05 Nov 2024 06:57:16 GMT

Manhattan District Attorney Alvin Bragg (D) for the first time on Thursday addressed a claim by former President Trump that he would be arrested in connection to an investigation into a hush money payment made to adult film star Stormy Daniels, calling it the creation of a “false expectation.”Bragg, in response to demands by House Republicans to force his testimony and turn over all documents and communication on the case, wrote in a letter to Congress that such a move was an “unprecendent[ed] inquiry into a pending local prosecution.”“The letter only came after Donald Trump created a false expectation that he would be arrested the next day and his lawyers reportedly urged you to intervene,” Bragg wrote.Trump wrote in a Truth Social post over the weekend that he expected to be arrested on Tuesday in connection to the probe, but as of Thursday morning, no charges have been announced and the grand jury weighing the case is not expected to meet for the rest of the week.In a S...