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Corus Entertainment reports Q3 loss, revenue down from year ago

Published Sat, 22 Feb 2025 11:37:32 GMT

TORONTO — Corus Entertainment Inc. reported a loss in its latest quarter compared with a profit a year ago as it took a non-cash impairment charge related to goodwill, broadcast licences as well as trademark and brand assets totalling $590.0 million.The television and radio broadcaster says its loss attributable to shareholders amounted to $495.1 million or $2.48 loss per diluted share for the quarter ended May 31.The loss compared with a profit of $29.6 million or 14 cents per diluted share in the same quarter last year.Revenue totalled $397.3 million for what was the company’s third quarter, down from $433.5 million a year earlier.On an adjusted basis, Corus says it earned nine cents per share for the quarter, down from an adjusted profit of 15 cents per share in the same quarter last year.Analysts on average had expected an adjusted profit of five cents per share, based on estimates compiled by financial markets data firm Refinitiv.This report by The Canadian Press was firs...

LIST: Major NASCAR street closures in downtown Chicago

Published Sat, 22 Feb 2025 11:37:32 GMT

CHICAGO — A host of major street closures have begun in downtown Chicago for the NASCAR races in early July. Crews are preparing the 2.2-mile course around Grant Park ready for the Chicago Street Races on July 1 and 2. Construction is well underway as crews are putting up suites, grandstands, along with barriers and fencing around the circuit. A guide to the inaugural NASCAR Chicago Street Race Here are the closures that are ahead this week, starting on Jackson Drive on Sunday just after Midnight. Sunday, June 25 – Beginning at 9 p.m. Temporary overnight closure of westbound Roosevelt Rd between DuSable Lake Shore Drive and Columbus Dr.  Sunday, June 25 – Beginning at 1 a.m. - Closure of Jackson Dr. between Michigan Ave. and Columbus Dr. and closure of Columbus Dr. between Jackson Dr. and Roosevelt Rd. Monday, June 26 – Beginning at 6 a.m. Closure of Congress Plaza Dr. and lane closures on eastbound Roosevelt Road between Columbus Dr. and DuSable Lake Shore Dr. ...

Madonna postpones upcoming tour, including Chicago stop, due to serious illness, manager says

Published Sat, 22 Feb 2025 11:37:32 GMT

(WJW) — Madonna's upcoming tour, which included many sold-out stops, is reportedly in limbo after her manager announced the singer is dealing with health complications. “On Saturday, June 24, Madonna developed a serious bacterial infection which led to a several-day stay in the ICU,” Guy Oseary said on social media. “Her health is improving, however, she is still under medical care. A full recovery is expected. At this time we will need to pause all commitments, which includes the tour."NEW YORK, NY - AUGUST 20: Madonna speaks onstage during the 2018 MTV Video Music Awards at Radio City Music Hall on August 20, 2018 in New York City. (Photo by Jeff Kravitz/FilmMagic)In this file photo taken on August 21, 2018 Madonna poses in the press room at the 2018 MTV Video Music Awards at Radio City Music Hall in New York City.(Photo credit should read ANGELA WEISS/AFP via Getty Images)INDIANAPOLIS, IN - FEBRUARY 02: Singer Madonna looks on on during a press conference for the Bridgestone S...

Man crashes car into tree after shooting in Garfield Park

Published Sat, 22 Feb 2025 11:37:32 GMT

CHICAGO -- A man is injured after he crashed a car into a tree as a result of a shooting in the city's Garfield Park neighborhood overnight, police said. According to the police, the 27-year-old man was found inside a car that struck a tree. The man sustained multiple gunshot wounds to the body and was transported to Mount Sinai Hospital where he is listed in critical condition. Indiana State Police trooper hit, killed by stolen car during pursuit A witness told police that the victim was shot by an unidentified man travelling in a black sedan. The man shot was attempting to flee the scene by quickly accelerating the vehicle but jumped the curb and came to a stop after striking a tree. There is currently no one in custody and police are investigating an incident.

'Monumental change': Texas to overhaul how it pays for foster care

Published Sat, 22 Feb 2025 11:37:32 GMT

AUTIN (KXAN) -- For the first time in decades, Texas will overhaul the way it funds foster care. During the most recent legislative session, lawmakers approved the funding necessary to "modernize" the way it pays the families and providers who care for children in the system. According to the Department of Family and Protective Services, the methodology for calculating the cost of care has remained "largely unchanged" over the years, despite advancements in technology, data collection and other changes to the child welfare system.Historically, the state has paid foster families and treatment providers a set daily rate, per child. The amount depended on one of five service “levels” -- from Basic up to Intense Plus. Katie Olse, CEO of the Alliance of Child and Family Services, explained that while the needs of a child can change over time, the necessary dollars to care for them aren't always as flexible, under the current level system. For example, she explained, "a child may really ...

How to maximize your sprinkler system during drought

Published Sat, 22 Feb 2025 11:37:32 GMT

AUSTIN (KXAN) -- Now that we're out of our wet season, you're probably using your sprinklers more and seeing your water bill rise.As water from Mother Nature becomes harder to come by, sprinklers become more important to keeping your lawn green.Most lawns in Central Texas need between half an inch and a full inch of water each week in the summer. Knowing how much it rained where you live can help you figure out how long you need to run your sprinklers. CENTRAL TEXAS RAINFALL REPORTS Enter, the smarter sprinkler system...Newer sprinkler controllers have sensors that turn off your system if it's rained recently, and modern sprinkler heads also distribute the water more slowly and efficiently.According to Keith Wimbish, from the Irrigation Department at ABC Home & Commercial Services, "If you apply the water at too fast of a rate, then you might just have a lot of that water run off, so low-flow nozzles are going to distribute the water at a lower rate so that the soil can accept...

Air Force celebrates 100 years of air refueling

Published Sat, 22 Feb 2025 11:37:32 GMT

AUSTIN (KXAN) – People in the Tarrytown neighborhood in west Austin were treated to the rare sight of two jets flying close together earlier this week. It turns out it was part of a nationwide celebration. According to the Department of Defense, the Air Force Air Force marked the 100-year anniversary of the first aerial refueling with flyovers across all 50 states.The Pentagon said the goal was to honor "the aviators who pulled off the seemingly impossible in 1923 and celebrate the promise of current and future airmen."It was on June 27, 1923 that Army Air Service 1st Lts. Virgil Hine and Frank W. Seifert passed gasoline from their aircraft through a gravity hose to another plane flying beneath it piloted by Capt. Lowell H. Smith and 1st Lt. John P. Richter, according to the DOD. The Military Times reported that more 150 aircraft would take part in all 50 states in celebration of the milestone.

5 things to know this Thursday, June 29

Published Sat, 22 Feb 2025 11:37:32 GMT

ALBANY, N.Y. (NEWS10) -- Happy almost Friday! Per Meteorologist Jill Szwed, smoke from the Canadian Wildfires will return to impact air quality today. However, this round of smoke will not be as thick compared to what we dealt with weeks ago. Get the latest, news, weather, sports and community events delivered right to your inbox! With smoke from the Canadian Wildfires returning to New York, the Department of Environmental Conservation (DEC) provided an update on future air quality for the state. The impending smoke is also hindering Amtrak travel, as the Adirondack line and tracks north of Albany aren't running due to the poor conditions. These stories, and more, are covered in your five things to know this Thursday morning. 1. DEC provides update on future air quality in New YorkPoor air quality is on its way back to New York. The unwelcome smoke from the Canadian wildfires is already impacting some regions.2. Amtrak Adirondack line closed north of AlbanyJust when things were l...

Herkimer County man sentenced to 11 years on child pornography charges

Published Sat, 22 Feb 2025 11:37:32 GMT

ILION, N.Y. (NEWS10) -- An Ilion man was sentenced to over 11 years (138 months) in prison on Wednesday for distributing and receiving child pornography, according to the Department of Justice (DOJ). John Patrick Galusha, 32, previously entered a guilty plea. Get the latest, news, weather, sports and community events delivered right to your inbox! According to the DOJ, as part of his guilty plea, Galusha admitted that in January 2022, he traded child pornography with others over a social media messaging app on his phone, and distributed approximately 35 files in exchange for 163 images and seven videos depicting the sexual exploitation of children. Galusha will serve a 15-year term of supervised release upon his release, will pay restitution, forfeit the device he used to commit the crimes, and will have to register as a sex offender.

Mugzy's Barkery expands, opens bakery

Published Sat, 22 Feb 2025 11:37:32 GMT

EAST GREENBUSH, N.Y. (NEWS10) - Since NEWS10 last spoke to the founder of Mugzy's Barkery, business has been growing! In December, Jaime Kelley opened a commercial kitchen and bakery in her East Greenbush home. Off the Beaten Path: Mugzy’s Barkery “The most exciting thing is I can welcome people in, they can bring their dogs in and they can pick their own treats out, so it's just been a game changer!,” said Kelley.Mugzy's Barkery is located at 36 Troy Road in East Greenbush. The store operates on a limited schedule, visit their Facebook for up-to-date hours of operation.