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Teck Resources doubles down on plan to split company after Glencore offer

Published Mon, 11 Nov 2024 04:16:02 GMT

VANCOUVER — Teck Resources Ltd. is doubling down on its plan to split the company, a week after Swiss mining giant Glencore made an unsolicited bid for the Vancouver miner.In an investor presentation issued today, Teck says its separation will give shareholders more choice and ways to maximize value because they will hold shares in both Teck Metals and Elk Valley Resources.The company says its plan provides a responsible exit from steelmaking coal at fair value.It adds that Teck’s current plan has no competition or regulatory hurdles to overcome.Glencore’s offer of 7.78 of its shares for each Teck Class B subordinate voting share amounts to a 20 per cent premium on the date its offer was made.Teck’s board of directors unanimously rejected the offer because it would expose shareholders to copper and thermal coal and oil trading, and said the pitch did not present a “coherent plan” for its proposed coal company. This report by The Canadian Press was first...

'Multiple casualties' after shooting in downtown Louisville

Published Mon, 11 Nov 2024 04:16:02 GMT

LOUISVILLE, Ky. (AP) — Police are reporting “multiple casualties” as they respond to a shooting in a bank building in downtown Louisville.The Louisville Metro Police Department said Monday on Twitter there was an ongoing situation and asked people to avoid the area. "There are multiple casualties," police said in the tweet. Police described it as an “active aggressor.”Witnesses who left the building told WHAS-TV they heard gunfire inside the building.Numerous police vehicles were seen on television footage. WHAS reporters said they saw people being taken from the scene in ambulances.In a tweet, Kentucky Gov. Andy Beshear said he was heading to the scene.“Please pray for all of the families impacted and for the city of Louisville,” Beshear said.The FBI said its agents were also responding to the shooting.

'Like a bomb going off': Explosion at Kansas home caught on camera

Published Mon, 11 Nov 2024 04:16:02 GMT

WICHITA, Kan. (KSNW) -- One person died after a house exploded in Wichita, Kansas, on Sunday. The explosion sent flaming debris flying into neighbors' yards. Sedgwick County dispatchers said calls reporting an explosion came in around 5:30 p.m. Once fire crews arrived at the home, they started trying to put out the flames. Fireworks started to go off as firefighters fought the initial blaze, said Wichita Fire Department Battalion Chief Jose Ocadiz.Neighbor Craig Hubbard described hearing a series of explosions. He caught one of the blasts on video. "I just heard a huge explosion, like a bomb going off, and it rattled like the windows," he said. "The third explosion happened as I was standing there, and debris landed everywhere." Hubbard said pieces of debris that looked like roof shingles landed in nearby yards, catching some of the grass on fire. Video Hubbard took shows him stomping out the flames. Zach Sherman, who also lives in the neighborhood, sa...

'Justice delayed': Hays County has backlog of 5,000+ unfiled criminal cases

Published Mon, 11 Nov 2024 04:16:02 GMT

HAYS COUNTY, Texas (KXAN) — Newly elected Hays County District Attorney Kelly Higgins said they are dealing with a backlog of more than 5,000 unfiled criminal cases. He said some of those cases date back to the second half of 2021."From, you know, murderers, to smoking a joint, right, I mean, the whole range," Higgins said. How did we get here?Higgins said the cases were so backed up because of the office's intake process from previous administrations. "There's either a warrant or a field arrest without a warrant made, and then a police officer will write a report about that and forward that report to our office. And that's our first look at any case," he said. Higgins said intake coordinators will then look at the case, create a file and start filling it with information a lawyer might want to determine what to do with that case. However, he said they were spending too much time processing information in a way that was "duplicative, redundant and unhelpful." RELATED COVERAGE: 83...

Texas officials say to be careful eating fish from this Central Texas lake

Published Mon, 11 Nov 2024 04:16:02 GMT

CENTRAL TEXAS (KXAN) -- Planning to go fishing this summer? Be aware of several fish consumption bans and advisories across Texas. Texas Department of State Health Services has several active consumption bans and advisories for fish across the state.In Central Texas, there is one advisory for striped bass and longnose gar in Canyon Lake due to a mercury concern, according to the Texas Parks and Wildlife website.Adults and children aged 12 and older should not eat more than two 8-ounce servings per month. Children under age 12 should not eat more than two 4-ounce servings per month. Additionally, no striped bass or longnose gar should be eaten by women who are pregnant, could become pregnant or are breastfeeding. Traveling outside Central Texas to fish? Other freshwater consumption advisories are in place in the Dallas/Fort Worth area; Houston/Galveston area; Northeast/Southeast Texas; the Panhandle; South Texas and the Valley area.Saltwater consumption advisories are in place for th...

Wild winger Mason Shaw is nominee for Masterton Trophy

Published Mon, 11 Nov 2024 04:16:02 GMT

Mason Shaw knew as soon as it happened. He hit a rut in the ice last weekend in Las Vegas and immediately crumbled. The feeling was far too familiar as he struggled to his skates.“Just tried to change my direction,” he said. “It felt like everything in my knee exploded.”Less than 48 hours after he needed to be helped down the tunnel from the rink, the Wild announced last week that Shaw had indeed torn his anterior cruciate ligament. He will have reconstructive surgery later this week, and with that, will start the lengthy recovery process once again.“Not where I thought I was going to be,” Shaw said with a dejected look on his face. “It’s the hand I’ve been dealt, so it’s time to play those cards, I guess.”It’s a brutal blow for Shaw considering everything he has been through to get to this point. He has now torn the ACL in his left knee twice and his right knee twice, and while that might be enough to break the average person, S...

Troy duo arrested in stolen car investigation

Published Mon, 11 Nov 2024 04:16:02 GMT

TROY, N.Y. (NEWS10) -- Two Troy men were arrested following a stolen car investigation, according to New York State Police. Dale Sousie, 42, and Henry Desnoyers, 52, each face charges. Get the latest, news, weather, sports and community events delivered right to your inbox! On Wednesday, April 5, police pulled over a car on Burdett Avenue in Troy for vehicle and traffic law violations. Police say they identified the driver as Sousie and the passenger as Desnoyers. Police say the car they were driving was reported stolen to Saratoga State Police just a day prior. Both were taken into custody. Police say Desnoyers was also found to possess a controlled substance. Sousie Charges:Fourth-degree criminal possession of stolen propertyTraffic law violationsDesnoyers Charges:Seventh-degree criminal possession of a controlled substance Latest round of CDBG-CV funding announced Both were taken to Brunswick State Police for processing. Sousie was released with an appearance ticket returnabl...

Latest round of CDBG-CV funding announced

Published Mon, 11 Nov 2024 04:16:02 GMT

SCHENECTADY, N.Y. (NEWS10) -- Schenectady Mayor Gary McCarthy has announced the latest round of CDBG-CV Economic Recovery funding for small businesses in Schenectady. Applicants can apply online at the City of Schenectady's website, or hard copies are available at City Hall. Get the latest, news, weather, sports and community events delivered right to your inbox! Beginning in 2020, Schenectady has helped over 64 local small businesses with grants after Mayor McCarthy entered an agreement with the Community Loan Fund of the Capital Region Inc., for $200,000 of CDBG-CV funds. The Community Loan Fund of the Capital Region gives money to small businesses in grants to offer technical assistance training, workshops, virtual seminars, and financial and soft skill development. “The COVID-19 pandemic and subsequent economic shutdown has devastated communities across the country,” Mayor Gary McCarthy said. “As we move away from the pandemic, businesses are still feeling the residual effect...

Troy City Hall closed Monday after weekend burglary

Published Mon, 11 Nov 2024 04:16:02 GMT

TROY, N.Y. (NEWS10) -- According to a tweet from Carmella Mantello, Troy City Council President, Troy City Hall will be closed on Monday due to a burglary in the Hedley Building that happened over the weekend. Mantello's tweet reads: Get the latest, news, weather, sports and community events delivered right to your inbox! "Just received call that city hall is closed as the Hedley Building, which includes city hall, was broken into last night. No other details yet."Troy Police are currently investigating the scene. According to Troy Police, individual(s) trespassed on multiple floors of the building, including some areas of City Hall on the fifth floor. The investigation is also looking into what other crimes may have been committed, as well as trying to identify those involved. At this time, Troy Police say there is no reason to believe City Hall was specifically targeted. Police also believe no sensitive areas were accessed on any of the impacted floors. Anyone with information i...

Nathan MacKinnon’s best season? Even before 100 points, Avalanche star’s friend Sidney Crosby thought it’s “pretty close to the best I’ve seen him play.”

Published Mon, 11 Nov 2024 04:16:02 GMT

LOS ANGELES — Mikko Rantanen contemplated the prompt. He didn’t have a search engine or a stat sheet in front of him to consult. His answer would be based more on feel, from years of memories playing alongside his linemate.The prompt: Sidney Crosby had recently suggested the 2022-23 season might be Nathan MacKinnon’s best. What say you, Moose?“Obviously he’s had really good years,” Rantanen said. “I remember that 19-20 season. He was electric. The shortened season. He probably would have had 120 (points) that year maybe, if we played all the games.“But it’s kind of his standard. Every year, you kind of think, ‘Is this his best year?’ again.”MacKinnon is gearing up for his seventh playoff run with the Avalanche, but this time he has a regular-season monkey off his back. The franchise center reached 100 points for the first time in his 10-year career Tuesday in San Jose.“I’m just happy that I got it ou...