Qatar Airways posts a $1.2 billion profit over the last fiscal year when it hosted FIFA World Cup
Published Tue, 05 Nov 2024 06:54:31 GMT
DUBAI, United Arab Emirates (AP) — Qatar Airways said Thursday it earned a profit of $1.2 billion over the last fiscal year, boosted in part by the small Arabian Peninsula country’s hosting of the 2022 FIFA World Cup. Qatar Airways, like other carriers in Gulf Arab nations, relies on the country’s location to ferry passengers between the East and West. Its earned revenue of $20.9 billion over the year is up from $14.4 billion the year before. Those figures stand in contrast to the $4.1 billion loss it suffered in the 2021 fiscal year amid the coronavirus pandemic and the grounding of its fleet. Qatar Airways’ profit of $1.2 billion is down slightly from $1.5 billion last fiscal year. Part of that came from a spike in operating expenses, particularly in jet fuels as energy prices rose after the grip of the pandemic loosened and air travel resumed. Qatar Airways received a $3 billion infusion from the government during the pandemic to keep it afloat. “As the global travel ...Enormous Lebanon bologna sandwich unveiled at Pennsylvania community fair
Published Tue, 05 Nov 2024 06:54:31 GMT
LEBANON, Pa. (AP) — An enormous Lebanon bologna sandwich billed as one of the world’s largest has been unveiled at a central Pennsylvania fair.The 150-foot-long (45.7-meters-long) sandwich was created Tuesday night at the Lebanon Area Fair by a large crew of volunteers known as the “Bologna Security.” Lebanon bologna is known for its distinct smoked and tangy flavor.Every footlong “bite” was sponsored at $100 per foot. The money was donated to Lebanon County Christian Ministries and their efforts to help people dealing with food insecurity in the Lebanon Valley.Pennlive reports that Bologna Security used 600 slices of provolone cheese and 1,200 slices of half-sweet and original Seltzer’s Lebanon Bologna to create 900 sandwiches, or six sandwiches per foot. Fairgoers had a chance to enjoy the sandwich for free Tuesday night.Lebanon is 72 miles (about 116 kilometers) northwest of Philadelphia.The Associated PressCEO of royal banker Coutts resigns amid furor over closure of politician Nigel Farage’s account
Published Tue, 05 Nov 2024 06:54:31 GMT
LONDON (AP) — The chief executive of Coutts Bank, long known as the bankers for Britain’s royal family and nobility, has stepped down amid the furor surrounding populist politician Nigel Farage’s complaints that his account was closed because of his political views.CEO Peter Flavel’s resignation came just a day after Coutts owner NatWest Group parted ways with its CEO, Alison Rose, the first woman to head one of Britain’s four big banks. Rose left after acknowledging that she had discussed Farage’s personal details with a journalist.“In the handling of Mr. Farage’s case we have fallen below the bank’s high standards of personal service,” Flavel said in a statement. “As CEO of Coutts it is right that I bear ultimate responsibility for this, which is why I am stepping down.”The controversy began two weeks ago when Farage, a right-wing talk show presenter and former leader of the pro-Brexit U.K. Independence Party, said Coutts had improperly closed his account because it disagree...Republican senator calls out Canada’s ‘feeble commitment’ on NATO spending
Published Tue, 05 Nov 2024 06:54:31 GMT
WASHINGTON — Canada is again in the U.S. spotlight for what one Republican senator is calling its “feeble commitment” to defence spending. Alaska Sen. Dan Sullivan called out the Liberal government’s commitment to NATO during a confirmation hearing Wednesday for the next Norad commander. Sullivan cited a Wall Street Journal editorial earlier this month that described Canada as a free rider on the global military alliance. The country has a history of falling well short of NATO’s agreed-upon spending target of two per cent of GDP. And a Washington Post report in April said Prime Minister Justin Trudeau has privately conceded that Canada, where defence spending is at around 1.3 per cent, would never meet NATO’s threshold. U.S. Air Force Lt.-Gen. Gregory Guillot, President Joe Biden’s nominee to take over the continental aerospace defence system, promised Sullivan he would press Canada to meet the target. “Americans get frustrated when our alli...UK government’s routine housing of unaccompanied child migrants in hotels ruled unlawful
Published Tue, 05 Nov 2024 06:54:31 GMT
LONDON (AP) — Britain’s government acted unlawfully when it routinely housed newly arrived unaccompanied child asylum seekers in hotels, the High Court ruled Thursday. A child protection charity brought legal action against Britain’s Home Office and local authorities in Kent, on England’s southern coast, over their treatment of unaccompanied migrant children, saying the temporary housing arrangements deny the youngsters the statutory child protection safeguards to which they are entitled. Justice Martin Chamberlain ruled that authorities breached legal duties of care owed to all children who require looking after, irrespective of their immigration status. “Ensuring the safety and welfare of children with no adult to look after them is among the most fundamental duties of any civilized state,” the judge said. Every Child Protected Against Trafficking, or ECPAT, the charity that brought the lawsuit, said hundreds of children had gone missing, with many potentia...Stock market today: Wall Street rises as economy keeps growing and profits keep rising
Published Tue, 05 Nov 2024 06:54:31 GMT
NEW YORK (AP) — Stocks are rising Thursday following fatter-than-expected profit reports from big companies and the latest signals that the economy continues to defy predictions for a recession.The S&P 500 was 0.6% higher in morning trading after touching its highest level in nearly 16 months. The Dow Jones Industrial Average was up 72 points, or 0.2%, at 35,592, as of 10:30 a.m. Eastern time, and on track for a 14th straight gain. The Nasdaq composite, meanwhile, was leading the market with a gain of 0.9% following a strong profit report from Meta Platforms.Earnings rose more for Meta, which owns Instagram and WhatsApp in addition to Facebook, than analysts expected after its services attracted additional active members. Meta is one of Wall Street’s most influential stocks because of its massive size, and it rose 6.9%.McDonald’s was helping to prop up the Dow after it easily topped analysts’ forecasts for profits during the spring. Its sales grew worldwide, and its stock rose 1...Formed to combat Olympic sex abuse, SafeSport center is struggling 6 years after opening
Published Tue, 05 Nov 2024 06:54:31 GMT
DENVER (AP) — The case involves almost everything a victim of sexual harassment would be desperate to avoid. Multiple requests for follow-up interviews about a traumatizing episode. Bickering over legal fees. Documents with dense legalese and no conclusive answers about the outcome of the three-year-long case. “At the end of the day, they didn’t even investigate,” the female curler said of her 2020 complaint about sexual harassment at her Colorado curling club filed with the U.S. Center for SafeSport. Established six years ago to create accountability in the aftermath of sex-abuse scandals in Olympic sports that landed USA Gymnastics doctor Larry Nassar in prison, the SafeSport center’s mandate covers not only the elite facilities molding the nation’s top athletes but also grassroots clubs like the one where the woman trained, which form the backbone of the Olympic system. The woman’s case, which she shared with The Associated Press on condition she and her sports facility not be na...Man, 34, wanted for first-degree murder in Moss Park shooting
Published Tue, 05 Nov 2024 06:54:31 GMT
Police are searching for a 34-year-old man in connection with a fatal shooting in Moss Park earlier this week.Police were called to the area of Shuter and Sherbourne streets around 12:14 p.m. on Tuesday after reports of gunshots heard in a nearby parking lot.When they arrived they found a man unresponsive in a car suffering from gunshot wounds. He was pronounced dead at the scene. He has been identified as Mohamed Ahmed of Toronto.Police have issued a warrant for first-degree murder for 34-year-old Mohammed Abdullahi.New grocery store moving into former Happy Foods site in Edison Park
Published Tue, 05 Nov 2024 06:54:31 GMT
CHICAGO — A new market is coming to the location previously occupied by Happy Foods in Edison Park.According to Ald. Anthony Napolitano, the family-owned market will offer groceries and prepared foods. The store will also be completely renovated with an indoor and outdoor cafe. Construction on the new grocery store will begin in the next few months."The owners have signed a commitment to the Edison Park location that will last for decades to come. We are so excited to welcome this family owned and operated business and much needed amenity to our community," said Ald. Napolitano in a Facebook post.Happy Foods closed back in September of 2022.Boy, 16, and 19-year-old injured after shooting Austin
Published Tue, 05 Nov 2024 06:54:31 GMT
CHICAGO -- According to police, a teen and 19-year-old are injured after a shooting in the city's Austin neighborhood Wednesday night.Police said both individuals were standing near a sidewalk at the 5200 block of West Ferdinand Street around 7:03 p.m. when at least one individual produced a handgun and fired shots towards them. Woman, 43, critical after being shot while at red light on South Side The 16-year-old boy suffered a gunshot wound to the elbow and was transported to West Suburban Hospital and was initially reported in good condition. The 19-year-old sustained a gunshot wound to the legs and hand. He was transported to West Suburban Hospital initially in good condition.There is currently no one in custody and police are investigating the incident.Latest news
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