Friday, February 27

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Person killed, 12 people trapped deep underground at Colorado mine tourist attraction
World News

Person killed, 12 people trapped deep underground at Colorado mine tourist attraction

By Daniel Trotta, Reuters Emergency responders were attempting to repair the elevator to bring back the 11 tourists and one tour guide who were trapped Photo: KUSA One person was dead and 12 others were trapped 1000 feet (300 metres) underground following an elevator failure at a former Colorado gold mine that is now a tourist attraction, officials said. Another 11 people were rescued from the Mollie Kathleen Gold Mine attraction in Cripple Creek, Colorado, Teller County Sheriff Jason Mikesell told reporters. Emergency responders were attempting to repair the elevator to bring back the 11 tourists and one tour guide who were trapped starting around midday (1800 GMT), Mikesell said. With one tour group below ground, the elevator experienced some type of mechanical failure with anothe...
Tesla robotaxi event comes after years of Elon Musk’s missed deadlines
Business

Tesla robotaxi event comes after years of Elon Musk’s missed deadlines

Elon Musk, Chief Executive Officer of SpaceX and Tesla and owner of X looks on during the Milken Conference 2024 Global Conference Sessions at The Beverly Hilton in Beverly Hills, California, U.S., May 6, 2024. David Swanson | ReutersWith Tesla's hotly anticipated robotaxi event hours away, investors will soon get a glance at what CEO Elon Musk has called the CyberCab.After a decade of unfulfilled promises to deliver autonomous vehicles, capable of traveling reasonable distances safely without a human at the wheel, there's a hefty dose of skepticism about what Tesla can do technologically, and when its robotaxi might actually hit the market.The robotaxi day, or "We, Robot," event is scheduled to begin at 7:00 p.m. Pacific time at a Warner Bros. studio in Burbank, California and will be liv...
Dog rescued from rubble retirement community hit by Hurricane Milton tornado
World News

Dog rescued from rubble retirement community hit by Hurricane Milton tornado

A dog was rescued Thursday morning from the rubble of a home hit by a tornado spurred by Hurricane Milton at a 55 and older community with some help from a CBS News Miami crew. Photo: WFOR via CNN Newsource A dog was rescued Thursday morning (Friday NZT) from the rubble of a home hit by a tornado spurred by Hurricane Milton at a 55-and-older community with some help from a CBS News Miami crew. A resident found the shitzu, Lulu, at the Spanish Lakes Country Club Village retirement community near Fort Piece. CBS News Miami reporter Morgan Rynor was on the scene while appearing live on CBS Mornings when the pet was found. A neighbour who found the dog in the debris originally confused her with another animal in the retirement community, named Benji who actually was safe with its owners. "I...
Pharmacare bill covering diabetes, birth control medications passes Senate – National
Politics

Pharmacare bill covering diabetes, birth control medications passes Senate – National

By Laura Osman The Canadian Press Posted October 10, 2024 6:25 pm 1 min read Descrease article font size Increase article font size The pharmacare bill that was central to a political pact between the Liberals and NDP is now set to become law after the Senate passed the bill without making any changes. The legislation will inform the creation of any future national, universal pharmacare plan.It will also allow the government to sign deals with provinces and territories to cover diabetes and birth-control medications as part of the public health system. Get weekly health news Receive the lates...
Delta says travelers are trading summer Europe trips for fall getaways
Business

Delta says travelers are trading summer Europe trips for fall getaways

A woman uses an umbrella to protect herself from the sun as she passes past the Colosseum during an intensely hot day in Rome, Italy, on July 11, 2024. Riccardo De Luca | Anadolu | Getty ImagesSummer trips to Europe are getting too hot for thousands of tourists.Delta Air Lines President Glen Hauenstein said travelers are opting out of flying to Europe during the traditional summer peak travel season. Instead, they are shifting trips to cooler months, a trend that airline officials have been noticing over the past couple of years as consumers look to escape crowds and record heat of popular destinations."The weather in Europe in August is really hot, and that people who have choices when they can take their vacations are moving into let's call it more temperate months," Hauenstein said Thur...
King Charles pays tribue as Auschwitz survivor Lily Ebert dies. aged 100
World News

King Charles pays tribue as Auschwitz survivor Lily Ebert dies. aged 100

Holocaust survivor Lily Ebert (left) stands with her great-grandson Dov Forman after being appointed a Member of the Order of the British Empire following an investiture ceremony at Windsor Castle, on 31 January, 2023. Photo: AFP / Pool / Andrew Matthews King Charles has paid tribute to the "extraordinary resilience and courage" of Auschwitz survivor Lily Ebert, who has died at the age of 100. Ebert, born in Hungary, was taken in 1944 as a 20-year-old to the Auschwitz-Birkenau camp, where her mother, younger sister, and brother were sent to the gas chambers. Along with three of her other siblings, she managed to survive. They were freed in 1945 and reunited in Switzerland before eventually heading to Israel. She later settled in London in 1967, where in her later years she became well k...
These income-generating assets offer yields of more than 5%
Business

These income-generating assets offer yields of more than 5%

Interest rates are coming down, but investors can still find some solid opportunities for yield in the preferred securities market, according to UBS Financial Services. Preferred securities combine attributes of bonds and stocks. They trade publicly on exchanges but they also pay a quarterly stream of income. Issuing companies are often banks and utilities. Yields for these instruments can top 5%, and this income may be tax advantaged for investors. Generally, the coupons are taxed at the same rate as qualified dividends — that is, 0%, 15% or 20%, based on an investor's taxable income. Meanwhile, interest income from bonds is taxed as ordinary income, meaning it is subject to rates as high as 37%. Retail investors and preferreds The preferred securities sold to retail investors come at a f...
UK rapper Yung Filly bailed on charges of sexual abuse of woman in Australia
World News

UK rapper Yung Filly bailed on charges of sexual abuse of woman in Australia

By Rebecca Trigger, ABC News Photo: 123RF Warning: This story contains details some readers may find distressing, including details about an alleged sexual assault A UK rapper has been granted bail after being charged with raping and choking a Perth woman in his hotel room while on his Australian tour. The YouTuber and musician Andres Felipe Valencia Barrientos - also known as Yung Filly - is accused of sexually assaulting a woman in his Perth hotel room after a performance in the city's north last month. WA police arrested the 29-year-old in Brisbane before he was extradited to Perth. Police opposed his request to be released from custody at his first appearance in the Perth Magistrates Court on Thursday. But Magistrate Tanya Watt did not agree with prosecutors that Barrientos's risk...
After earlier carbon price error, new PBO report confirms earlier findings – National
Politics

After earlier carbon price error, new PBO report confirms earlier findings – National

By Jordan Omstead The Canadian Press Posted October 10, 2024 3:02 pm 1 min read Descrease article font size Increase article font size The parliamentary budget officer says his updated report on the federal carbon price is largely consistent with his earlier findings, even after adjusting for a previous error. Yves Giroux says today’s report still finds the vast majority of households get back more in rebates than they pay through the carbon price — but once broader economic effects are factored in, those gains are wiped out for most, except for some lower-income earners.The updated report, which looks only at the consumer carb...
MicroStrategy at highest level relative to bitcoin since 2019, per Wolfe
Business

MicroStrategy at highest level relative to bitcoin since 2019, per Wolfe

While "boring" bitcoin has been chopping sideways since March, bitcoin proxy MicroStrategy is trading at its highest level relative to the flagship crypto since 2019. Wolfe Research managing director Rob Ginsberg said he "loves [MicroStrategy's] chances to get out and continue climbing," but that the stock is overbought in the near term. He suggested a bitcoin hedge. MSTR BTC.CM= YTD mountain Bitcoin and MicroStrategy in 2024 "Lack of enthusiasm for the once high flying asset class is one of the factors that led us to maintain a more defensive, risk off bias of late," he said in a Wednesday note. "Many of the crypto related equities such as MARA , COIN , & RIOT have acted the same. That is beside one … as MSTR rallied back to the highs over the past few weeks." "On a relative basis vs....