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Postmedia in merger talks with Toronto Star owner Nordstar

Published Sat, 22 Feb 2025 04:29:13 GMT

TORONTO — Postmedia Network Canada Corp. said Tuesday that it’s in talks to merge with Nordstar Capital LP, the owner of Metroland Media Group and the Toronto Star.The two publishers say the proposed deal, which is yet to be finalized, is a bid to create greater scale so they can respond to the “existential threat” facing the media industry.“The viability of the newspaper industry in Canada is at an extreme risk,” said Jordan Bitove, publisher of the Toronto Star, in the news release.Postmedia said discussions to consider a combination are so far non-binding, but that the proposed merger would see an even division of voting rights. Postmedia shareholders would hold a 56 per cent economic interest and Nordstar would hold a 44 per cent interest. Nordstar would retain a 65 per cent interest in Toronto Star Inc.Bitove, owner of Nordstar, would be chairman of the merged entity and Andrew MacLeod, chief executive of Postmedia, would be CEO.Postmedia, which owns pub...

New Mexico negotiates settlement over permit renewal for US nuclear waste repository

Published Sat, 22 Feb 2025 04:29:13 GMT

ALBUQUERQUE, N.M. (AP) — New Mexico has reached a settlement with the U.S. Department of Energy over the renewal of a permit for the federal government’s only underground repository for nuclear waste. Officials with the New Mexico Environment Department announced Tuesday that an agreement was reached last week after four days of negotiations. The state first outlined its terms in December, seeking to ensure that high-level waste such as diluted plutonium wouldn’t find its way to the state.The Waste Isolation Pilot Plant in southeastern New Mexico plays a key role in the nation’s multibillion-dollar effort to clean up radioactive waste left behind by decades nuclear research and bomb-making. Currently, it’s licensed to take what is known as transuranic waste, or waste generated by the nation’s nuclear weapons program that is contaminated with radioactive elements heavier than uranium.The new draft permit would provide greater regulatory oversight and safeguards at the rep...

Experts to address taxpayers concerns surrounding future concerts at Ryan Field

Published Sat, 22 Feb 2025 04:29:13 GMT

EVANSTON, Ill. -- A plan to rebuild Ryan Field in Evanston will be up for discussion Tuesday night as tax payers will have their opportunity to speak on the issue.On Tuesday, community members who will attend the meeting will hear from experts on the proposed concerts for the venue like sound, parking, and operations. If and when approved, the rebuild would be complete by the summer of 2026. 7 award-winning Chicagoland breweries to check out this summer The plan is to rebuild Ryan Field in Evanston, which is a 97-year-old stadium.It’s a project estimated to cost $800 million which the school would fund without direct taxpayer subsidies.University officials say this would be an economic opportunity for local community vendors and tradesmen with high-wage jobs during and after constrction.The project would include reducing the stadium’s capacity and change zoning so it can host up to 10 concerts a year. Illinois set to create state run insurance marketplace, rate review A concern ...

NASCAR to host series of fan events ahead of Chicago race

Published Sat, 22 Feb 2025 04:29:13 GMT

CHICAGO — Race day is fast approaching in Chicago, with NASCAR hosting a series of events across the city in the leadup.From fundraisers to fan fests, anticipation is growing among locals. Some were even afforded a closer look at the downtown track via Big Bus Tour. As several streets remain closed for the setup, some tourists feel that's not necessarily a bad thing. "I said to my wife earlier, 'I'd watch more NASCAR if they did stuff like this in the city streets,'" said Christopher O'Brocto, who was visiting Chicago from Los Angeles.  Taste of Chicago’s future uncertain as NASCAR takes over Grant Park O'Brocto, a Chicago native, said NASCAR will go a long way in fueling the economy."Racing is a big money event and you look at things like 'Why they're doing it?' They're doing it to expand the product. So why not Chicago?" O'Brocto added.The Navy Pier Fan Fest runs through 9:30 p.m. Tuesday. Other events this week include:Bubba’s Block Party, a Nationwide Community Initiative Hos...

Former NFL quarterback Ryan Mallett dies in Florida swimming accident: reports

Published Sat, 22 Feb 2025 04:29:13 GMT

FAYETTEVILLE, Arkansas (KNWA) — Former NFL quarterback Ryan Mallett has drowned Tuesday while vacationing in Florida with his girlfriend, according to reports. He was 35.White Hall Superintendent Gary Williams confirmed the news on Tuesday, according to a report from DeltaPlex News in Arkansas. Assistant Principal Skip Carr also confirmed Mallet's death."It is with great sadness that we share the loss of Coach Ryan Mallett," a notice on the school district's website reads. "We ask that you remember his family, team, students, fellow coaches, and the White Hall School District staff in your prayers."According to sources, Mallett was rushed to a local hospital but was pronounced dead there. Mallett was a five-star recruit out of Texarkana (Texas) Texas High School who first went to Michigan but later transferred to Arkansas for the 2009-10 seasons.Mallett currently was the head football coach at White Hall High School. He recently brought a group of campers to the University of Arkans...

Amid wildfire smoke in Illinois, don't overlook this button in your car

Published Sat, 22 Feb 2025 04:29:13 GMT

(KODE/NEXSTAR) - There are multiple buttons and dials and toggles in your vehicle. But there's one button that could be especially helpful amid sweltering heat and widespread wildfire smoke impacting many throughout the U.S. — and it may help you save on gas. On most cars, trucks, and SUVs, you can find an "air recirculation button" in the climate control dashboard. The button has an arrow in a half-circle within the outline of a vehicle on it. Never noticed it before?The air recirculation button has a relatively simple function, Tabitha Ruhl, manager of Joplin Transmission and Auto Center told Nexstar's KODE. It stops your vehicle from pulling in outside air to cool you off and instead recirculates the air-conditioned air already inside your car. Chicago has worst air quality in the world due to wildfire smoke This can also help boost your air conditioning, which can make the cabin of your car cooler, quicker. For those living within the heat dome — currently impacting Texas, Mi...

APD searching for suspect wanted in Royal Blue Grocery employee assault

Published Sat, 22 Feb 2025 04:29:13 GMT

Editor's Note: Above surveillance video from Royal Blue Grocery on Third Street in downtown Austin shows an alleged thief shoving a store employeeAUSTIN (KXAN) -- The Austin Police Department is seeking the public's help identifying a suspect wanted in a downtown Austin robbery assault, APD said in a news release Tuesday.Shortly after 8 p.m., June 17, officers responded to Royal Blue Grocery, 301 Brazos Street, in reference to the assault, the release said. Video: Downtown Austin grocery store employee assaulted An employee confronted the suspect and attempted to recover the merchandise, but the suspect hit and injured the store employee, police said. The suspect then left the store.“I was just really scared,” said Shyla Guthrie, the worker who was attacked.Images provided by the Austin Police DepartmentShe said the same man stole from the store earlier in the day, and she called police when he came back and loitered outside.When he came back into the store, she told him to leave ...

As unusual heat persists, relief is finally on the horizon

Published Sat, 22 Feb 2025 04:29:13 GMT

AUSTIN (KXAN) -- Austin nearly bumped up against the record high temperature Jun. 27 as Tuesday's highs spiked to 105°. As a relentless early-summer heatwave peaks this week, some relief is finally on the horizon.A Heat Advisory continues for much of the area on Wednesday, but as the powerful heat dome overhead begins shifting eastward then weakens significantly this weekend through the 4th of July, high temperatures drop slightly each day. We are expecting high temperatures to finally fall below 100° in Austin early next week -- more typical for early-summer. Austin's forecast high temperatures over the next 7 daysAs the ridge of high pressure weakens, daily chances of rain also return beginning Sunday. A few isolated storms are possible on Jul. 4. Wetter weather is possible later next week.6-10 day precipitation outlookSummer Fan DriveOur Summer Fan Drive is underway! Please click here to find out how you can make an online donation and learn more about Family Eldercare's Summer F...

Lake Superior drowning victims were car enthusiasts, recent graduates from Inver Grove Heights school

Published Sat, 22 Feb 2025 04:29:13 GMT

Two recent graduates of Simley High School died on Sunday after jumping off of cliffs into Lake Superior.Austin Henning, of South St. Paul, and Maximillian Williams, of Inver Grove Heights, were on a couples day trip to Lake Superior on Sunday when the tragedy occurred, said Henning’s mother, Beth Ann Henning.Austin Henning and Maximillian Williams. (Courtesy of their families)Henning was dating Williams’ twin sister, Beth Ann Henning said, who had advised against the cliff jumping.“There’s nothing stopping my boy once he gets his head on it,” she said.At the time of the drownings, wind speeds were up to 23 mph and waves were three to four feet tall, the Duluth News Tribune reported.  A 911 caller reported the two were “struggling to swim” at Black Beach, in Silver Bay, about 1:25 p.m. Sunday.Henning and Williams, both 18, graduated from the Inver Grove Heights school this spring, Henning’s mother said. The two had become close friends while working at Discount Tire and bonded...

Over half a million invested in small businesses, nonprofits

Published Sat, 22 Feb 2025 04:29:13 GMT

ALBANY, N.Y. (NEWS10) – More than $600,000 in grants will be awarded to over 30 small businesses and nonprofits throughout the city. The funding is coming from the American Rescue Plan Act (ARPA).“When we support our businesses we support our communities as a whole. Many of these engines of our economy were pushed to the brink because of the COVID pandemic and continue to feel the financial impacts from that crisis,” Congressman Paul Tonko said. Get the latest, news, weather, sports and community events delivered right to your inbox! The city’s economic development organization, Capitalize Albany Corporation, will be administering $635,000 to 34 businesses and three nonprofit organizations, located in 15 different neighborhoods, through its Building Improvement Grants (BIG) program.Organization President Sarah Reginelli says awardee selections were made strategically.“The investments made possible through the ARPA and the BIG program will significantly strengthen these awarded bus...