Aurora Cannabis slashes Q1 net loss as it eyes orchid business, further savings
Published Sun, 24 Nov 2024 17:11:28 GMT
Aurora Cannabis Inc. shaved $590.4 million off its net loss in its most recent quarter as it continued its search for savings and began laying the groundwork for a future orchid business.The Edmonton-based pot business revealed Thursday that its first quarter net loss amounted to $28.3 million compared with a net loss of $618.8 million a year earlier.It attributed the dramatic decrease seen in the three months ended June 30 to an increase in gross profit along with lower impairment charges and operating expenses — the fruits of an ongoing transformation plan that uncovered $400 million in savings so far and aims to generate another $40 million soon.“Our target of removing a further $40 million of cost during fiscal 2024 is ambitious, but when considering how much we’ve already accomplished through our business transformation, it is entirely within our wheelhouse,” said Aurora’s chief executive Miguel Martin on a Thursday call with analysts.Aurora’s tran...Family of Henrietta Lacks files new lawsuit over cells harvested without her consent
Published Sun, 24 Nov 2024 17:11:28 GMT
BALTIMORE (AP) — Just over a week after Henrietta Lacks’ descendants settled a lawsuit against a biotech company they accused of unjustly profiting off her cells for generations, the family’s attorneys have filed another claim against a different corporation.The new lawsuit, which targets California-based biopharmaceutical company Ultragenyx, was filed Thursday in Baltimore federal court, the same venue as the recently settled case. Lawyers for the family have said they plan to bring a series of lawsuits against various entities that continue to reap rewards from the racist medical system that took advantage of Lacks.A Black mother of five from southern Virginia, Lacks and her family were living outside Baltimore when she was diagnosed with cervical cancer in 1951. Doctors at Johns Hopkins Hospital saved a sample of her cancer cells collected during a biopsy — without her knowledge or consent.She died at age 31 in the hospital’s “colored ward,” but her genetic material lived on, the...Federal judge will hear arguments on potential takeover of New York City’s troubled jail system
Published Sun, 24 Nov 2024 17:11:28 GMT
NEW YORK (AP) — A federal judge agreed Thursday to begin a process that could wrest control of New York City’s troubled jail system from Mayor Eric Adams and place a court-appointed outside authority in charge of Rikers Island. The decision follows a series of reports from a court-appointed federal monitor that outlined a “ disturbing level of regression ” inside the jail system, with nearly every category of violence now higher than when the monitor was appointed to oversee reform efforts eight years ago. At a hearing in federal court in Manhattan, U.S. District Judge Laura Taylor Swain said the latest reports of violence and dysfunction inside Rikers Island had raised “profound questions” about the city’s ability to manage the jail complex, suggesting the incarcerated population is “at great risk of immediate harm.”She ordered federal prosecutors and attorneys representing detainees to begin preparing arguments in support of a court-ordered receivership, a critical step that could...Canadian Milos Raonic falls in third round of National Bank Open
Published Sun, 24 Nov 2024 17:11:28 GMT
Milos Raonic’s unexpected run to the third round at the National Bank Open ended Thursday when he dropped a 6-3, 6-3 decision to American Mackenzie McDonald at Sobeys Stadium.The veteran Canadian, who returned to the ATP Tour in June after an injury absence of nearly two years, showed flashes of his previous form this week but struggled in the afternoon match against his 59th-ranked opponent.“Some things came together well, some things I can hope to do better,” Raonic said of his first appearance at the Toronto tournament since 2018.“I did everything I could, and it took me where it did.”Milos Raonic's run comes to an end in the Third Round.#NBO23 | @NBOtoronto pic.twitter.com/WL4H3rQ9eI— Sportsnet (@Sportsnet) August 10, 2023Raonic’s serve didn’t have its usual zip and he made 32 unforced errors to just 12 for the American. The former world No. 3 was the last Canadian remaining in the singles draw.Raonic upset ninth-seeded America...British Columbia warns of incoming prolonged hot weather, but no heat dome
Published Sun, 24 Nov 2024 17:11:28 GMT
VANCOUVER — A heat wave that is expected to last most of next week has prompted British Columbia’s government to warn people to prepare for sweltering conditions, but a repeat of the deadly 2021 heat dome isn’t being forecast.The hot weather starting Sunday is expected to send temperatures into the high 30s in the province’s south, after recent cooler weather and rain helped wildfire suppression efforts, Emergency Management Minister Bowinn Ma said Thursday.The heat is expected to dry out forests again, increase fire risks, and worsen the province’s already severe drought levels, she said.“While these elevated temperatures may pose risks, I do want to assure everyone that this upcoming heat event is not expected to be as extreme as the event that we faced in June and July of 2021,” Ma said at a news conference.“Nevertheless, it is critical that people understand the risks, prepare for the conditions and know where to access support,” s...Sentence is cut for trans youth’s father, who discussed treatment against court order
Published Sun, 24 Nov 2024 17:11:28 GMT
VANCOUVER — The British Columbia Court of Appeal has struck down a six-month prison sentence for a trans youth’s father who was convicted of contempt for publicly discussing his child’s private medical details in breach of a court order.Instead, the appeal court sentenced the man to time served, effectively amounting to 45 days, according to the ruling released on Wednesday.The youth had taken his father to court to stop him giving media interviews in which he identified his child and discussed their medical treatment for gender dysphoria, as well as the father’s objections to the process.The father pleaded guilty to contempt, but his lawyer advised him to reject an offer to make a deal with the Crown for 45 days’ imprisonment, and he was instead sentenced to six months.The three-judge appeal panel found the man’s lawyer provided ineffective assistance by not recognizing the prosecutors’ deal would have seen his client released upon his guilty ple...Off-duty Cook County Sheriff's investigator shot on Chicago's Southwest Side
Published Sun, 24 Nov 2024 17:11:28 GMT
CHICAGO — An off-duty Cook County Sheriff's investigator was injured in a shooting Wednesday on Chicago's Southwest Side.The shooting happened around 9 p.m. Wednesday near West 47th Street and South Cicero Avenue, not far from Midway Airport.According to police, the 37-year-old off-duty investigator witnessed two vehicles heading north on Cicero Avenue when shots fired between the two cars.One of the vehicles hit another car headed in the opposite direction, then slammed into a wall near a McDonald's restaurant.The investigator sustained multiple gunshot wounds, Chicago police said. He was shot in the right elbow and lower back. Police say he was the unintended target.“He was transported to the hospital in critical condition. On Thursday afternoon the Cook County’s Sheriff’s Office released a statement that said he has now stabilized.” Shot fired at SWAT teams in Austin as they investigate armed robbery case; suspect barricaded inside Police said the driver of the vehicle attempte...Credit card debt among Americans hits $1 trillion
Published Sun, 24 Nov 2024 17:11:28 GMT
WASHINGTON (NEXSTAR) — Credit card debt among Americans just reached a new record high of $1 trillion as a new report shows an uptick in people making emergency withdrawals from their retirement accounts. The new data comes from the Federal Reserve Bank of New York which said total U.S. credit card debt hit $1 trillion in the most recent quarter. Bankrate Analyst Ted Rossman says this shows a jump in Americans' reliance on credit cards. "We're definitely seeing more people carrying more debt for longer periods of time," Rossman said. He says the trend isn't necessarily surprising. "We would expect credit card balances to grow over time. Increased consumer spending, which powers a lot of economic growth, more card usage because cash is less and less of a thing with each passing year, population growth," Rossman said. As cost of living rises, lawmakers renew push to raise federal minimum wage Plus, the number doesn't distinguish between credit card balances...Actor Robert Swan, who had parts in memorable sports & Chicago movies, has died
Published Sun, 24 Nov 2024 17:11:28 GMT
CHICAGO — A actor who grew up in Chicago, and acted in a few movies based in the city while also having roles in some major sports films, has died.Robert Swan, who grew up in Hyde Park and would grow up in Rolling Prairie, Indiana, has died at the age of 78 after a long battle with cancer. A memorial has already been set up for him by the Kuiper Funeral Home in Highland, Indiana.Swan played a number of small yet memorable parts in films, with a few of them coming in memorable sports films. Many remember his portrayal of Rollin Butcher in the film "Hoosiers," where he was a parent of a player from Hickory High School and would later be an assistant alongside Gene Hackman's character Norman Dale, the head coach of the team. He uttered the memorable line "coach stays" as he ripped up a voting tally when the town decided not to oust Dale from his position on the team after a so-so start to his tenure at the high school. In 1993, he had a small role in the movie "Rudy," which was based o...Dog mauled, woman injured after pack of dogs escape yard
Published Sun, 24 Nov 2024 17:11:28 GMT
HIGHLAND, Ind. — A woman in Highland, Indiana is recovering after she was attacked by eight to 10 dogs while walking her own dog.Police responded to the 3500 block of Jewett Street around 9:18 p.m. Tuesday. Upon arrival officers found a “chaotic” scene, according to a statement from police.Amber Neyhart, 28, had been walking her dog when they were both attacked by dogs who had escaped from a nearby yard.Police said Neyhart attempted to shield her dog but was bitten by one of the larger, adult dogs in the group.Witnesses attempted to separate the aggressive dogs from Neyhart and her dog. Those people were also bitten, police said.Police said an unknown man shot the adult dog and then fled. The dog died.Neyhart’s dog was taken to the vet but had to be euthanized because of the injuries.Neyhart was transported to the hospital with injuries to her arms and legs. More news from Northwest Indiana Police said the resident where the dogs escaped from was at the scene and attempted to sepa...Latest news
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