March 28th, 2024

Business

Rogers to deploy 5G cameras, sensors to manage traffic at five Toronto intersections

By Sammy Hudes, The Canadian Press on March 21st, 2024

TORONTO – The City of Toronto has given Rogers Communications Inc. the green light to set up cameras and sensors at five downtown intersections that will track the movement of vehicles, pedestrians and cyclists with the aim of alleviating gridlock. Rogers says the 5G-driven artificial intelligence system will capture real-time data about traffic volumes, speeds ... Read More »

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Sentencing concludes for 6 former Mississippi officers who tortured 2 Black men

By Michael Goldberg And Emily Wagster Pettus, The Associated Press on March 21st, 2024

JACKSON, Miss. (AP) – Sentencing has concluded for the six white former officers in Mississippi who pleaded guilty to breaking into a home without a warrant and torturing two Black men. High-ranking Former deputy Brett McAlpin, 53, was the fifth former law enforcement officer sentenced this week by U.S. District Judge Tom Lee after pleading ... Read More »

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Former Mississippi police officer gets about 10 years in prison for racist torture of 2 Black men

By Michael Goldberg And Emily Wagster Pettus, The Associated Press on March 21st, 2024

JACKSON, Miss. (AP) – The last of six former law enforcement officers who tortured two Black men outside Mississippi’s capital has been sentenced. Former Richland police officer Joshua Hartfield was given an approximately 10-year federal prison sentence on Thursday. The six white officers were fired and pleaded guilty to subjecting Michael Corey Jenkins and Eddie ... Read More »

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Pathways Alliance to file for regulator approval on carbon capture project

By The Canadian Press on March 21st, 2024

CALGARY – The Pathways Alliance consortium of oilsands companies has confirmed it will submit an application this week to the Alberta Energy Regulator for approval of its proposed massive $16.5-billion carbon capture pipeline project. The move comes nearly three years after Canada’s largest oilsands companies announced they would band together in a joint effort to ... Read More »

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Reddit, the self-anointed ‘front page of the internet,’ soars in Wall Street debut

By Michael Liedtke And Wyatte Grantham-philips, The Associated Press on March 21st, 2024

NEW YORK (AP) – Reddit soared in its Wall Street debut as investors pushed the value of the company close to $9 billion seconds after it began trading on the New York Stock Exchange. Reddit, which priced its IPO at $34 a share, debuted Thursday afternoon at $47 a share. The going price soon climbed ... Read More »

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Canadian Press NewsAlert: Pathways carbon capture project to file for regulator’s OK

By The Canadian Press on March 21st, 2024

CALGARY – The Pathways Alliance consortium of oilsands companies has confirmed it will apply for regulatory approval of its proposed $16.5-billion carbon capture project. More coming... Read More »

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Highlights of Newfoundland and Labrador’s 2024-25 budget

By The Canadian Press on March 21st, 2024

ST. JOHN’S, N.L. – Newfoundland and Labrador Finance Minister Siobhan Coady tabled the province’s 2024-25 budget Thursday. Here are some highlights: – Projected GDP is $33.2 billion, which is a five per cent increase from $31.6 billion the year before. – Total spending of $10.4 billion, with a projected deficit of $152 million. – $4.1 ... Read More »

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Reddit, the self-anointed ‘front page of the internet,’ jumps 55% in Wall Street debut

By Michael Liedtke And Wyatte Grantham-philips, The Associated Press on March 21st, 2024

NEW YORK (AP) – Reddit soared in its Wall Street debut as investors pushed the valued of the company close to $9 billion seconds after it began trading on the New York Stock Exchange. Reddit, which priced its IPO at $34 a share, debuted Thursday afternoon at $47 a share. The going price has climbed ... Read More »

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Micro-apartments are back after nearly a century, as need for affordable housing soars

By Hallie Golden And Claire Rush, The Associated Press on March 21st, 2024

SEATTLE (AP) – Every part of Barbara Peraza-Garcia and her family’s single-room apartment in Seattle has a double or even triple purpose. The 180-square-foot (17-square-meter) room is filled with an air mattress where she, her partner and their children, ages 2 and 4, sleep. It’s also where they play or watch TV. At mealtimes, it ... Read More »

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US sues Apple, alleging it illegally monopolized the smartphone market

By Michael Liedtke, Lindsay Whitehurst And Mike Balsamo, The Associated Press on March 21st, 2024

WASHINGTON (AP) – The Justice Department on Thursday announced a sweeping antitrust lawsuit against Apple, accusing the tech giant of engineering an illegal monopoly in smartphones that boxes out competitors, stifles innovation and keeps prices artificially high. The lawsuit, filed in federal court in New Jersey, alleges that Apple has monopoly power in the smartphone ... Read More »

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Reddit, the self-anointed ‘front page of the internet,’ jumps 55% in stock market debut

By Michael Liedtke And Wyatte Grantham-philips, The Associated Press on March 21st, 2024

NEW YORK (AP) – Reddit begun trading on the New York Stock Exchange under ticker symbol “RDDT” Thursday. Shares jumped more than 55% within the company’s first few minutes of its market debut. The self-anointed “front page of the internet” had priced its IPO at $34 a share ahead of Thursday’s kickoff – but as ... Read More »

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