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The Frightful Minutes Aboard Flight 1282
  + stars: | 2024-01-07 | by ( Colbi Edmonds | Rebecca Carballo | ) www.nytimes.com   time to read: +1 min
So began the harrowing minutes aboard Alaska Airlines Flight 1282, when a door-sized section near the rear of the plane blew off 10 minutes after it took off from Portland, Ore., on Friday night, leaving some passengers initially confused, and others utterly terrified. “The first thing I thought was, ‘I’m going to die,’” said Vi Nguyen, 22, a passenger from Portland. Nicholas Hoch, 33, was sitting in 12A, a window seat near the front of the Boeing 737 Max 9. There was something wrong on the plane, he told them, adding, “I love you guys.”The flight, carrying 171 passengers and six crew members, began in ordinary fashion. Headed for Ontario, Calif., it was initially delayed by about 20 minutes to allow for de-icing, said Mr. Hoch, an architect, who was flying to visit his girlfriend’s family.
Persons: , ‘ I’m, ’ ”, Vi Nguyen, Nicholas Hoch, Hoch Organizations: Alaska, Boeing Locations: Portland ,, Portland, Ontario, Calif
The 737 Max 9 flown by Alaska Airlines on Friday was delivered less than three months ago. United Airlines and Alaska Airlines, the largest operators of the 737 Max 9, on Saturday said they suspended flights with those planes, forcing the carriers to cancel more than 400 flights. Boeing's leadership has spent roughly five years regrouping after the 2018 and 2019 fatal crashes of its smaller and more popular Boeing 737 Max 8, which prompted a worldwide grounding of both the Max 8 and Max 9, the two types flying commercially. According to Jefferies, the 737 Max 9 represents just 2% of Boeing's backlog of more than 4,500 Max planes. Richard Aboulafia, managing director at aviation consulting firm Aerodynamic Advisory, said the problem on the Alaska Airlines plane appears to be a manufacturing defect, not an inherent design flaw.
Persons: Jason Redmond, Max, Jim Hall, I've, we've, Dave Calhoun, Calhoun, he's, Jennifer Homendy, Aerosystems, John Goglia, Jefferies, Richard Aboulafia Organizations: Reuters Boeing, Alaska Airlines, Federal Aviation Administration, FAA, National Transportation Safety Board, Boeing, United Airlines, Regulators, Airbus, hasn't, Wall Street, NTSB Locations: Renton , Washington, Portland , Oregon, Ontario , California, Portland, United, Alaska
Alaska and United Airlines said late Saturday that they were grounding their entire fleets of Boeing 737 Max 9s. "Safety will continue to drive our decision-making as we assist the NTSB's investigation into Alaska Airlines Flight 1282," FAA Administrator Mike Whitaker said in a statement. The FAA has heavily scrutinized the Boeing 737 Max since two fatal crashes grounded the jetliner worldwide almost five years ago. The section of the fuselage missing appeared to correspond to an exit not used by Alaska Airlines, or other carriers that don't have high-density seating configurations, and was plugged. Before the FAA issued its directive, Alaska Airlines earlier said it would ground its fleet of Boeing 737 Max 9 planes.
Persons: depressurization, Mike Whitaker, Max, Jennifer Homendy, Homendy, Sara Nelson, Anthony Brickhouse, Brickhouse Organizations: Alaska Airlines, Federal Aviation Administration, Boeing, Max, United Airlines, Alaska Air, FAA, National Transportation, Association of Flight, CWA, United, Embry, Riddle Aeronautical University Locations: Ontario, California, Portland , Oregon, U.S, Portland, Ontario , California, Alaska
An Alaska Airlines plane takes off from Los Angeles International Airport (LAX) on December 4, 2023 in Los Angeles, California. Alaska Airlines will temporarily ground its fleet of 65 Boeing 737 Max 9 planes after a section of the plane blew out midflight on Friday, forcing the crew to make an emergency landing. "Each aircraft will be returned to service only after completion of full maintenance and safety inspections," CEO Ben Minicucci said. Images and video of the new Boeing 737 Max 9 shared on social media showed a gaping hole on the side of the plane and passengers using oxygen masks. "While this type of occurrence is rare, our flight crew was trained and prepared to safely manage the situation," Alaska said.
Persons: Ben Minicucci, Pete Buttigieg Organizations: Alaska Airlines, Los Angeles International Airport, Los Angeles , California . Alaska Airlines, Boeing, Max, The National Transportation Safety, Federal Aviation Administration, Transportation, FAA Locations: Alaska, Los Angeles , California, Ontario , California, Portland , Oregon, Portland
Signage is seen for British utility company Thames Water at a repair site in London, Britain, June 28, 2023. REUTERS/Toby Melville/File Photo Acquire Licensing RightsLONDON, Dec 5 (Reuters) - Thames Water, Britain's biggest water utility, is proceeding with a three-year turnaround plan, it said on Tuesday, adding it had a high level of liquidity and the support of investors, as it seeks to ease concern over its financial stability. Thames Water's environment record has also come under scrutiny. "Our shareholders support this much needed investment, underscoring their commitment to delivering Thames' turnaround." Robert Goodwill, chairman of Britain's environment, food and rural affairs committee, said that he may need to ask Thames Water bosses further questions.
Persons: Toby Melville, Cathryn Ross, Alastair Cochran, Robert Goodwill, Sarah Young, Kate Holton, Barbara Lewis Organizations: Thames, REUTERS, Media, Thames Water, Ontario, China Investment Corp, Thomson Locations: London, Britain, Thames
Attendees inspect Smith and Wesson firearms at the National Rifle Association's (NRA) annual meeting, in Indianapolis, Indiana, U.S., April 28, 2019. Smith & Wesson, which is incorporated in Nevada, did not respond immediately to a request for comment. The group of nuns filed the lawsuit in their role as Smith & Wesson shareholders, in what is known as a derivative lawsuit. The nuns alleged that the directors of Smith & Wesson have ignored growing legal risks from making assault-style rifles. Smith & Wesson warned in its 2022 annual report that it might have to pay significant damages due to legal proceedings against the company.
Persons: Smith, Bryan Woolston, Jeffrey Norton, gunmakers, gunmaker Remington, Adrian Dominican, Bon, Francis of Philadelphia, Jesus, Tom Hals, Alexia Garamfalvi, Leslie Adler Organizations: Wesson, REUTERS, Smith, Tuesday, Smith & Wesson, Sandy, Elementary, U.S, Supreme, Adrian, Bon Secours, St, Jesus &, Thomson Locations: Indianapolis , Indiana, U.S, WILMINGTON , Delaware, Nevada, Colorado, Connecticut, New York , Illinois, California, Adrian , Michigan, Marriottsville , Maryland, Aston , Pennsylvania, Ontario Province, Marylhurst , Oregon, Wilmington , Delaware
Ericsson shares rally on AT&T network deal, Nokia drops
  + stars: | 2023-12-05 | by ( ) www.reuters.com   time to read: 1 min
A logo of Ericsson is seen outside the company's office in Kanata, Ontario, Canada April 17, 2023. REUTERS/Lars Hagberg/File Photo Acquire Licensing RightsDec 5 (Reuters) - Ericsson (ERICb.ST) shares rallied in early trading on Tuesday after AT&T (T.N) chose the Swedish telecoms equipment maker over Finnish rival Nokia (NOKIA.HE) to build a network under a five-year deal that could see spending reach $14 billion. Ericsson rose around 8% on German trading platform Tradegate, while Nokia fell 9%. Reporting by Danilo Masoni; Editing by Amanda CooperOur Standards: The Thomson Reuters Trust Principles.
Persons: Lars Hagberg, Danilo Masoni, Amanda Cooper Organizations: Ericsson, REUTERS, Nokia, Thomson Locations: Kanata , Ontario, Canada
Twilio to cut about 5% of total workforce
  + stars: | 2023-12-04 | by ( ) www.reuters.com   time to read: +1 min
The logo of communication company Twilio is displayed at the Collision conference in Toronto, Ontario, Canada June 23, 2022. Picture taken June 23, 2022. REUTERS/Chris Helgren/File Photo Acquire Licensing RightsDec 4 (Reuters) - Cloud communications platform Twilio Inc (TWLO.N) said on Monday it will lay off about 5%, or 295, of its total workforce by the first quarter of 2024 to achieve profitable growth. The company expects to incur about $25 million to $35 million associated with the restructuring in the last three months of 2023. Earlier this year, Twilio cut 17% of its staff and closed some of its offices.
Persons: Chris Helgren, Twilio, Tanya Jain, Krishna Chandra Organizations: REUTERS, Twilio, Tech, Spotify, Microsoft, Thomson Locations: Toronto , Ontario, Canada, San Francisco, Bengaluru
Escaped kangaroo captured after punching Canadian officer
  + stars: | 2023-12-04 | by ( ) www.reuters.com   time to read: +1 min
The female kangaroo hopped over her handlers late on Thursday during a rest stop at the Oshawa Zoo and Fun Farm in Ontario, the park's supervisor and head keeper, Cameron Preyde, told CBC. Officers on patrol spotted the kangaroo at around 3 a.m. on Monday on a rural property in northern Oshawa, Staff Sergeant Chris Boileau told CBC Toronto. The kangaroo punched one of the officers in the face during the capture, Boileau said. "It's something that he and his platoon mates will be remembering for the rest of their careers," he told CBC Toronto. The kangaroo, which was en route to a zoo in Quebec, received medical treatment and will stay at the Oshawa Zoo for a few days of rest, Preyde said.
Persons: Cameron Preyde, Chris Boileau, Boileau, Preyde, Doina Chiacu, Matthew Lewis Organizations: Oshawa Zoo, CBC, CBC Toronto, Thomson Locations: Toronto, Ontario, Oshawa, Lake Ontario, Quebec, Washington
The moon rises over the Toronto city skyline as seen from Milton, Ontario, Canada, January 23, 2016. REUTERS/Mark Blinch/File Photo Acquire Licensing RightsTORONTO, Dec 4 (Reuters) - Canadian banks had a mixed fourth quarter but a common theme underlining all the reports was the rise in bad loan provisions, signalling that lenders were strapping in for a shaky economy. Impaired loans related to residential mortgages, real estate and construction were also higher from the prior quarter, indicating that the banks were also being cautious when considering underwriting new loans. He noted that despite the mixed results, the banks reported healthy capital levels, giving investors assurance that the banks remain resilient. Reuters Graphics($1 = 1.3559 Canadian dollars)Reporting by Nivedita Balu in Toronto; Editing by Mark PorterOur Standards: The Thomson Reuters Trust Principles.
Persons: Mark Blinch, Verecan, Colin White, Dave McKay, Mike Archibald, Nivedita Balu, Mark Porter Organizations: REUTERS, Rights, Reuters, Bank of Canada, BOC, Royal Bank of Canada, CIBC, National Bank, Scotiabank, BMO, RBC, Reuters Graphics Reuters, AGF Investments, Reuters Graphics, Thomson Locations: Toronto, Milton , Ontario, Canada
In 2015, her $9 million gift created an atrium for Jazz at Lincoln Center. In recognition of that gift, she was named grand commander of the Holy Sepulcher by the patriarch of Jerusalem. Her $41 million gift for humanities scholarships at the University of Oxford in 2012 was the largest of its kind in Oxford’s 900 years. Amid Allied air raids, Mica, as her German nurse called her, was sent to the family’s country estate. Others paid their fares to Paris, where Mica got modeling jobs to support them.
Persons: Mr, Ertegun, Christ, Jerusalem, Queen Elizabeth II, , Ahmet, Mrs, ” Mica Ertegun, Ioana Maria Banu, Natalia Gologan, Gheorghe Banu, King Carol II, King Michael I, Hitler, Mica, Stefan Grecianu, Friends Organizations: Jazz, Lincoln Center, University of Oxford, Communist Locations: Manhattan, Jerusalem, American, British, Bucharest, Romania, Mica, Zurich, Swiss, Paris, Canada, Lake Ontario
The estimated program cost is 10.4 billion Canadian dollars, of which just under 6 billion dollars is the purchase price of the planes. (The program cost includes weapons, training simulators, spare parts and renovations at the Air Force bases in British Columbia and Nova Scotia where the planes will be stationed.) As with the 1980s vintage CP-140 Aurora planes they will replace, the main duty of the newcomers will be tracking submarines. But, as is the case now, they will most likely perform a number of other tasks ranging from tracking drug smuggling in the Caribbean to monitoring pollution in Canada. In particular, they wanted it to consider a proposed marine surveillance plane from Montreal-based Bombardier.
Persons: , François, Doug Ford of, François Blanchet Organizations: Boeing, Air Force, Titan, Yves, Bloc, Bombardier Locations: British Columbia, Nova Scotia, Caribbean, Canada, United States, Britain, Germany, Norway, Netherlands, Australia, New Zealand, Quebec, Doug Ford of Ontario, Montreal
Filmmakers shooting footage of invasive mussels in Lake Huron found a shipwreck from 1895. The wreck is covered in invasive quagga mussels that are altering the Great Lakes' ecosystem. AdvertisementA pair of filmmakers who spent two years shooting footage for a documentary about invasive mussels in the Great Lakes accidentally discovered a 128-year-old shipwreck that vanished in 1895. Every inch of the "Africa" is covered with invasive quagga mussels, which have been plaguing the Great Lakes for years. AdvertisementThe couple's documentary, "All Too Clear: Beneath the Surface of the Great Lakes," will be released in early 2024.
Persons: , Yvonne Drebert, Zach Melnick, Melnick, Drebert, they're Organizations: Service Locations: Lake Huron, Africa, Ohio, Ontario, Great
The National Bank of Canada logo is seen outside of a branch in Ottawa, Ontario, Canada, February 14, 2019. REUTERS/Chris Wattie/File Photo Acquire Licensing RightsDec 1 (Reuters) - National Bank of Canada (NA.TO) reported a rise in fourth-quarter profit on Friday, as a strong performance at its capital markets unit helped offset the hit from bigger provisions. NBC's adjusted net interest income, the difference between what banks earn on loans and pay out on deposits, slumped about 35.1% to C$825 million. Its financial markets segment, however, posted an adjusted net income of C$289 million, up 42%, driven by strength in capital markets and global markets businesses. The bank's adjusted net income rose to C$867 million ($641.13 million), or C$2.44 per share, for the three months ended Oct. 31, from C$738 million, or C$2.08 per share, a year earlier.
Persons: Chris Wattie, Arasu Kannagi Basil, Shilpi Majumdar Organizations: National Bank of Canada, REUTERS, Thomson Locations: Ottawa , Ontario, Canada, Montreal, Bengaluru
Governor of the Bank of Canada Tiff Macklem walks outside the Bank of Canada building in Ottawa, Ontario, Canada June 22, 2020. But Macklem also said "right now, it is not time to start thinking about cutting interest rates." Interest rate futures are pricing the first rate cut in March, earlier than the poll prediction. "Accompanying labour market weakness should put downward pressure on inflation and prompt the Bank of Canada to cut the policy rate around of the spring of 2024," they wrote. That was despite several government measures announced in the latest Fall Economic Statement to boost housing supply and help lenders dealing with homeowners at risk amid high interest rates.
Persons: Blair Gable, Macklem, It's, Avery Shenfeld, Robert Hogue, Sebastian Mintah, Mumal Rathore, Ross Finley, Tomasz Janowski Organizations: Bank of Canada, REUTERS, Reuters, BoC, U.S . Federal, Barclays, CIBC Capital Markets, of Canada, RBC, Desjardins, Moody's, Thomson Locations: Ottawa , Ontario, Canada, BENGALURU, stagnate
With his rental earnings and increased salary, Vij was able to buy more rental properties in southern Ontario. Investing in rental propertiesVij's first rental property was a two-story detached home with seven rentable rooms, two miles away from McMaster's main campus. Otherwise, whatever money Vij made from his job and rental property went straight into savings for more rental properties. "I want to own as many assets as possible that generate cash flow and use any extra cash to buy more assets." In 2023, Vij broke even on his rental properties.
Persons: Karun Vij, Vij, , I'd, Karun, Jeremy Applebaum, I'm, Seema, Vij Vij, He's Organizations: CNBC, aha, McMaster University, McMaster, Fortune, Fiverr Savings, Spotify, Amazon Prime, Google, Walt Disney Locations: Hamilton , Ontario, Canada, McMaster's, Cambridge, Ontario, Chicago, Brampton , Ontario, Toronto, Mississauga, Hamilton, Milton , Ontario, Windsor , Ontario
Taylor Yates, 27, felt drained and burned out from living in a city and being surrounded by people. In 2021, she and her boyfriend decided to move to live in a rural cottage in the woods. I'm a very sensitive person, and constantly being surrounded by so many people and activities sapped my energy and made me feel exhausted. I was drained living in a city, and I felt like I always had to be doing something or I was missing out. I'd rather have the life I have now, and the ability to visit the city when I want to.
Persons: Taylor Yates, , Jordan, I'd, It's, Zoe Sugg, Alfie Deyes, Jack, Finn Harries — Organizations: Service, Ontario — Locations: Toronto, I'm, Ontario, Canada
A sign for The Bank of Nova Scotia, operating as Scotiabank, in Toronto, Ontario, Canada December 13, 2021. The lender said earnings in the 2024 fiscal year to Oct. 31 would be impacted by "slowing economic growth across its markets and increasing regulatory capital requirements" but it would also benefit from interest-earning assets. "We expect a challenging environment will persist for consumers and businesses," Chief Risk Officer Phil Thomas told analysts, citing muted Canadian economic growth, continued inflationary pressures and uncertain prospects for rate cuts. Finance chief Raj Viswanathan said deposit and loan growth were also expected to moderate from 2023 levels, noting savings levels have started coming down in Canada with inflation at multi-year highs, leaving consumers with less cash in hand. Its efforts to streamline operations resulted in a restructuring charge of C$258 million, Scotiabank said.
Persons: Carlos Osorio, Phil Thomas, Raj Viswanathan, Mike Rizvanovic, Scott Thomson, Niket, Balu, Krishna Chandra Eluri, Tomasz Janowski Organizations: The Bank of, Scotiabank, REUTERS, Bank of Nova, Finance, Bank of Canada, Thomson Locations: The Bank of Nova Scotia, Toronto , Ontario, Canada, Bank of Nova Scotia, Bengaluru, Toronto
CHICAGO (AP) — The Chicago Blackhawks said Corey Perry engaged in unacceptable conduct and took a step Tuesday toward terminating his contract, the latest twist involving the veteran winger who was mysteriously scratched and sent home last week without explanation. Chicago put Perry on unconditional waivers and said his deal will be terminated as long as he clears Wednesday. General manager Kyle Davidson on Saturday said Perry would be away from the Blackhawks for the foreseeable future. Agent Pat Morris did not immediately respond to a message seeking comment on the Blackhawks' intent to terminate Perry's contract. Over the weekend, he said in a statement that Perry had stepped away to attend to personal matters.
Persons: Corey Perry, Perry, Chicago, Kyle Davidson, “ It’s, ” Davidson, Davidson, Pat Morris, Taylor, Nick Foligno, Connor Bedard, Hall Organizations: CHICAGO, The Chicago Blackhawks, Blackhawks, NHL, Chicago, Anaheim, Dallas, Tampa Locations: Peterborough , Ontario, Montreal, Tampa Bay
The logo of financial software company Intuit is displayed at the Collision conference in Toronto, Ontario, Canada June 23, 2022. REUTERS/Chris Helgren Acquire Licensing RightsNov 28 (Reuters) - Accounting software-maker Intuit (INTU.O) on Tuesday beat Wall Street estimates for first-quarter profit and revenue, on resilient demand for its artificial intelligence infused products that help businesses manage their financial needs. Products offered by Intuit include tax-preparation software TurboTax, personal finance portal Credit Karma, and QuickBooks that help small businesses. The company posted adjusted profit of $2.47 per share for the first quarter, compared with analysts' estimates of $1.98 per share. In the reported quarter, revenue at Credit Karma fell 5% to $405 million, while revenue at its Consumer Group rose 25% to $187 million.
Persons: Chris Helgren, Jaspreet Singh, Shailesh Organizations: Intuit, REUTERS, Products, Credit Karma, Consumer, Thomson Locations: Toronto , Ontario, Canada, View , California, Bengaluru
[1/7] Hota's CEO Holly Sheng poses for a photo in their factory in Taichung, Taiwan November 13, 2023. The crates of shafts and gears at the factory contain some of the more than 20 million parts Hota produces each year. Hota's factory will be near Texas, home to Tesla's headquarters, and Mexico, where Tesla plans to build a gigafactory. Most Taiwanese manufacturers seeking a North American foothold choose Mexico over the United States due to costs, Sheng said. Similarly, Hota would never be able to completely replace its established Taiwan production base.
Persons: Holly Sheng, Ann Wang, Sheng, Hota, Tesla, Sarah Wu, Anne Marie Roantree, Sam Holmes Organizations: REUTERS, Rights, Mfg, Ford Motor, General Motors, Hota, Reuters, DETROIT, Hota's, Washington incentivises, Thomson Locations: Taichung, Taiwan, Rights TAICHUNG, Hota's, China, North America, New Mexico, Asia, United States, Santa Teresa , New Mexico, Mexico, Detroit, U.S, Texas, American, Washington, Arizona
The Bank of Nova Scotia (Scotiabank) logo is seen outside of a branch in Ottawa, Ontario, Canada, February 14, 2019. It also disrupted Canada's prestigious Giller Prize Gala on Nov. 14, a literary award sponsored by Scotiabank. It claims in its petition that Scotiabank is the biggest foreign shareholder in Elbit, whose weapons were heavily used during Israel's 11-day operation in Gaza in May 2021. The email said Scotiabank was "not the biggest shareholder of Elbit, nor is it the biggest foreign shareholder of Elbit. Eko said it would not comment on the protests at Scotia branches and has not taken part in the protests.
Persons: Chris Wattie, Eko, unitholders, Angus Wong, Wong, Bezhalel Machlis, Nivedita Balu, Denny Thomas, David Gregorio Our Organizations: of Nova, REUTERS, Rights TORONTO, Bank of Nova, Elbit Systems, Scotiabank . Toronto Police, Scotiabank, Global Asset Management, Management, Vanguard Group, BlackRock Institutional Trust, Israel Ministry of Defence, Israel MOD, Thomson Locations: of Nova Scotia, Ottawa , Ontario, Canada, Bank of Nova Scotia, Israel, Elbit, Gaza, Toronto, Scotia
REUTERS/Blair Gable/File Photo Acquire Licensing RightsOTTAWA, Nov 27 (Reuters) - Canadian Prime Minister Justin Trudeau on Monday condemned an attack on a Jewish community center in Montreal and said antisemitic violence must stop immediately. A Molotov cocktail was thrown into the entrance of the Jewish Community Council of Montreal just after midnight on Sunday, according to the council. The attack adds to the growing cases of violence in Montreal since the start of the Gaza conflict between Israel and Hamas on Oct. 7. Earlier this month, two Jewish schools in Montreal reported that shots were fired at their entrances. "These continued acts of antisemitic violence are deplorable and unacceptable – and must stop immediately.
Persons: Justin Trudeau, Blair Gable, Molotov, Saul Emanuel, Montreal, " Trudeau, Ismail Shakil, Sandra Maler Organizations: Canada's, REUTERS, Rights OTTAWA, Canadian, Jewish Community Council of, CBC News, X, Police, Thomson Locations: Ottawa , Ontario, Canada, Montreal, Jewish Community Council of Montreal, Gaza, Israel, Toronto, Canada's, Ottawa
While high interest rates have boosted the banks' lending margins, residential mortgages, auto loans and commercial real estate loans have slowed as consumers and businesses pulled back. With interest rates forecast to remain high, renewal of the mortgages will squeeze household budgets. Banks are also rethinking lending to industries sensitive to high interest rates, from condo development to office space. "We want to make sure we have some kind of confidence when a project is going to go ahead," said Victoria Girardo, Canadian Western Bank's (CWB.TO) VP in real estate lending. "That is creating liquidity issues across the real estate developer space.
Persons: Carlos Osorio, Ebrahim Poonawala, Mike Rizvanovic, Rizvanovic, Banks, Victoria Girardo, Nigel D'Souza, Nivedita Balu, Mark Porter Organizations: Bank of Montreal, REUTERS, Rights TORONTO, U.S, National Bank, Bank, Veritas Investment Research, Thomson Locations: Toronto , Ontario, Canada, Toronto
There are politicians — almost all of them — who try to put the best possible shine on their professional résumés and past lives. Then there is Dan Carter. “For 17 years, I was an absolutely horrible individual,” said Mr. Carter, the mayor of Oshawa, Ontario. “Horrible individual. Or at least his story positioned him as someone who could bring his personal experience to bear on the city’s most pressing problems.
Persons: , Dan Carter, , , Carter Locations: Oshawa , Ontario, Oshawa
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