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Imperial Oil: Q1 Earnings Snapshot

Published Wed, 05 Mar 2025 02:28:50 GMT

CALGARY, Alberta (AP) — CALGARY, Alberta (AP) — Imperial Oil Ltd. (IMO) on Friday reported first-quarter profit of $923 million.On a per-share basis, the Calgary, Alberta-based company said it had profit of $1.58.The results topped Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $1.45 per share.The oil and gas and petroleum products company posted revenue of $8.96 billion in the period, falling short of Street forecasts. Three analysts surveyed by Zacks expected $11.38 billion._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on IMO at https://www.zacks.com/ap/IMOSource

Home favorite Park Sang-hyun ties lead at Korea Championship

Published Wed, 05 Mar 2025 02:28:50 GMT

INCHEON, South Korea (AP) — The Korea Championship has a home player atop the leaderboard after Park Sang-hyun’s 25-foot putt for birdie to finish his second round on Friday.Park shot a 3-under 69 and joined Yannik Paul (68) at 8 under overall at Jack Nicklaus Golf Club.“I want to prove that Korean players can have a chance to win on the (European) tour,” Park said. “I think other players feel the same and that is why a lot of Korean players are playing well at the moment.”Antoine Rozner started the second round with a four-stroke lead after an opening 63 but couldn’t follow that up, shooting 74 — including a triple-bogey 7 at the par-4 No. 9 after going out of bounds — to drop into a share of third place with Mike Lorenzo-Vera (65). The two Frenchmen are one shot behind the leaders.“It’s never easy to come back after such a low score as yesterday, but I felt pretty good,” Rozner said. “And to be honest, after seven holes, I was hitting some amazing shots and...

Berlin sees 10th day of road blockades by climate activists

Published Wed, 05 Mar 2025 02:28:50 GMT

BERLIN (AP) — Climate activists staged a 10th straight day of protests in Berlin, blocking key roads during rush hour and bringing parts of the German capital to a standstill Friday before being removed by police.Members of the Last Generation group glued themselves to the road, causing a traffic jam for commuters driving into the city. The group wants to draw attention to the threat of global warming and the need for governments to step up measures to curb greenhouse gas emissions.At a crossing in the north of the capital, many drivers waited patiently for police to clear the road, though some hurled abuse at the activists, calling them “terrorists” and “scum.” Several pedestrians applauded the protesters, giving them a thumbs-up, while one passerby offered them food and water.Last Generation has acknowledged that its protests are provocative, but it argues that by stirring friction it can encourage debate within society about climate change.“Sure, there are those who insult or cri...

Arrest made following motorcyclist killed in Miami hit-and-run

Published Wed, 05 Mar 2025 02:28:50 GMT

An arrest was made Friday after a man was killed in Miami while riding his motorcycle. Elton Suarezmesa is being charged after he fled the scene of the crash.City of Miami Police units responded to the scene of the crash along West Flagler Street, near 47th Avenue, Thursday morning.Edgar Suarez, 50, was the victim of the hit-and-run that was captured by surveillance cameras from a nail salon across the street. Suarezmesa was driving a red Toyota Sedan when he collided with Suarez, pinning him underneath his car, at around 4:30 a.m. According to loved ones Suarez was on his way to work at Miami International Airport at the time.The driver hopped out of his car seconds after impact and walked around the vehicle. After grabbing several items from the front seat, he took off running.“He basically left this person lifeless on the floor, did not call 911, did not assist in any way,” said Miami Police Capt. Freddie Cruz, “so that’s very disturbing that another human being would do that.”Su...

BBC Chairman Richard Sharp quits over report into Boris Johnson loan

Published Wed, 05 Mar 2025 02:28:50 GMT

LONDON — BBC Chairman Richard Sharp will resign after a damning report into his appointment at the top of the U.K.’s public broadcaster, and a bitter row over a six-figure loan to Boris Johnson.Sharp, an ex-investment banker and Conservative donor, secured the top scrutiny role at the public broadcaster in February 2021, in a move signed off by the then-prime minister.But, in a report published Friday, independent barrister Adam Heppinstall found Sharp failed to declare two “potential perceived conflicts of interest” when going through the appointments process for the BBC post. Sharp confirmed he would stand down at the end of June, although said the breach was “inadvertent and not material.”The findings in part relate to Johnson’s securing of an £800,000 loan from the financier Sam Blyth while prime minister, first brought to light through reporting by the Sunday Times. Sharp introduced Blyth to the U.K.’s top civil servant, Cabinet Secretary Simon Case, to discuss the ...

Police searching for suspect in connection with threat made at Flames Restaurant in Roxbury

Published Wed, 05 Mar 2025 02:28:50 GMT

Boston Police are searching for a suspect in connection with a threat that was made Monday night at Flames Restaurant in Roxbury. Police say the incident occurred on just before 9 p.m. at the Huntington Avenue establishment. The suspect fled the scene on foot toward South Huntington Avenue. The suspect is described as a man wearing a white and green hat, black shirt, gray pants, and black sneakers.Anyone with information is asked to contact detectives at (617) 343-4275.Those who wish to assist in the investigation anonymously can do so by calling the CrimeStoppers Tip Line at 1 (800) 494-TIPS or by texting the word ‘TIP’ to CRIME (27463).

Bicyclist seriously injured after being hit by car in Attleboro

Published Wed, 05 Mar 2025 02:28:50 GMT

A bicyclist is seriously injured after being hit by a car in Attleboro Thursday night, according to police. Police say the incident happened on Lamb Street. The victim was taken to the hospital and their condition is unknown at this time. It is unclear if the driver remained on scene or if they will face any charges. No additional information has been released.

Heat’s ‘psychotic’ truth with Jimmy Butler, ‘He is us, we are him’

Published Wed, 05 Mar 2025 02:28:50 GMT

Being a teammate is the starting point. It means a willingness to work with others. It is, in many ways, the NBA bare minimum.Being a game mate is what differentiates Jimmy Butler, committing to make teammates better, willing to carry them on his back when needed.It is why Butler and the Miami Heat find themselves in a better place than many expected as April turns to May, ready to open their best-of-seven Eastern Conference semifinal playoff series Sunday at 1 p.m. against the New York Knicks at Madison Square Garden.“I’ve said it a lot about how I feel about Jimmy, that he is us, we are him,” Heat coach Erik Spoelstra said, with the Heat beginning their second-round preparation Friday at the Kaseya Center. “I respect him so much as being such a unique, world-class, elite competitor.“A lot of players can play the game of basketball in this league. He needs to win. That’s a different language.”It is a language that resonates in the locker ro...

Repair work on North County sinkhole extended

Published Wed, 05 Mar 2025 02:28:50 GMT

SAN DIEGO — Repair work on a sinkhole in North County continues with the City of Encinitas announcing a new estimated timeframe for the reopening of the affected area.Located on Lake Drive in Cardiff, the sinkhole was first reported in late February after bouts of heavy rain swept through the region. The specific area is between Sea Village and Wales Drive. Falling debris closes tracks between San Juan Capistrano, Oceanside The sinkhole affected a two-lane residential street, with officials encouraging residents to avoid the area and, instead, use a detour route.At that time, officials say crews relocated all of the utilities, including gas, electric, water and cable. Once all the utilities had been relocated, work began on designing and installing shoring to stabilize the sinkhole and provide a safe area for workers.In the month following, overnight rainfall on March 10 caused the sinkhole to expand further with city officials saying precipitation levels in the area reached about...

Stock market today: Wall Street drifts at end of bumpy week

Published Wed, 05 Mar 2025 02:28:50 GMT

NEW YORK (AP) — Wall Street is drifting at the end of a volatile week Friday as Big Tech stocks lose some steam. The S&P 500 slipped 0.1% in early trading. The benchmark index is on track to close out April with a modest gain as markets keep churning amid unanswered questions about where the economy and corporate profits are heading. The Dow Jones Industrial Average and the Nasdaq composite were also slightly lower. Amazon fell despite reporting stronger profit and revenue for the latest quarter than expected. Analysts pointed to a slowdown in revenue growth at its AWS cloud computing business.THIS IS A BREAKING NEWS UPDATE. AP’s earlier story follows below.Wall Street pointed toward small declines early Friday ahead of the release of closely-watched inflation data that could influence what the Federal Reserve does at its policy meeting next week.Futures for the Dow Jones Industrial Average and S&P 500 each slipped 0.4%.The Commerce Department releases its consumer spending ...