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Scotiabank reports Q3 profit down, provision for credit losses up

Published Tue, 04 Mar 2025 05:00:27 GMT

TORONTO — Scotiabank reported its third-quarter profit fell compared with a year ago as its provision for credit losses nearly doubled.The bank says its net income amounted to $2.21 billion or $1.72 per diluted share for the quarter ended July 31, down from $2.59 billion or $2.09 per diluted share a year earlier.Revenue for the quarter totalled $8.09 billion, up from $7.80 billion.Scotiabank’s provision for credit losses totalled $819 million in its latest quarter, up from $412 million in the same quarter last year.On an adjusted basis, the bank says it earned $1.73 per diluted share, down from an adjusted profit of $2.10 per diluted share a year ago.Analysts on average had expected an adjusted profit of $1.74 per share, according to estimates compiled by financial markets data firm Refinitiv.This report by The Canadian Press was first published Aug. 29, 2023.Companies in this story: (TSX:BNS)The Canadian Press

Millennial Money: How to manage caregiving costs for parents while raising kids

Published Tue, 04 Mar 2025 05:00:27 GMT

Nearly a quarter of millennials are caregivers for an adult, according to a 2020 AARP survey. And a 2020 report from insurance marketplace GoHealth found that 1 in 3 millennials are supporting their parents financially, and more than a quarter help manage their parents’ health care.This means that in addition to caring for young children, many millennials are also managing the needs of parents, grandparents or other loved ones. That can take a toll: Eighty-two percent of millennials worry about having enough money to support both their parents and themselves, according to GoHealth.While there are many resources available that can help with costs, it’s hard to know where to look. Here are some starting points.ASK ABOUT THEIR RESOURCESDoes your loved one have long-term care insurance? This coverage can help with in-home care costs or assisted living or nursing home expenses. “I’ve talked to a lot of caregivers who didn’t even know their loved ones had long-term care policies,” says Am...

Tracking Idalia: Storm strengthens into Category 1 hurricane, expected to rapidly intensify

Published Tue, 04 Mar 2025 05:00:27 GMT

TAMPA, Fla. (WFLA) — Idalia strengthened into a Category 1 hurricane early Tuesday and is expected to rapidly intensify in the Gulf of Mexico.The National Hurricane Center said Idalia is about 370 miles south-southwest of Tampa. The storm's winds increased to 75 mph.Idalia is forecast to make landfall along the northwest Gulf Coast of Florida some time on Wednesday as a Category 3 major hurricane, according to the National Hurricane Center. As of the 5 a.m. update, Idalia was over the southeastern Gulf of Mexico, moving north at 14 mph, according to the National Hurricane Center. The NHC shifted Idalia's track slightly west. Do I need to evacuate? Orders issued for several counties ahead of Idalia Storm surge remains the biggest threat with Idalia, with some areas north of Tampa Bay expected to see 8 to 12 feet of storm surge, with 4 to 9 feet in the Tampa Bay area and 3 to 7 feet south of Tampa Bay. The storm surge threat is increased thanks to higher-than-normal high tides due t...

Tuesday Forecast: Temps in mid 80s with afternoon t-storm

Published Tue, 04 Mar 2025 05:00:27 GMT

CHICAGO — Temperatures in the mid 80s Tuesday with increasing clouds. A 40 percent chance of thunderstorms are expected. Winds: N 10-15 G20. High: 84. Interactive Radar: Track showers and storm here Partly cloudy tonight. Winds: NNE 10-15 G20. Low: 60.Wednesday Forecast: Morning clouds, decreasing clouds. Winds: NNE 10-15 G20. High: 71/68.Full forecast details and more at the WGN Weather Center blog

Fans rush field, accost Braves’ Ronald Acuna Jr.

Published Tue, 04 Mar 2025 05:00:27 GMT

DENVER (AP) — Ronald Acuña Jr. fended off two fans, including one who made contact with him in right field, while sparking the Atlanta Braves to a 14-4 rout of the Colorado Rockies on Monday night.One fan got his arms against Acuña during the middle of the seventh inning, just after Atlanta scored four runs to open a 9-4 lead. Two security people quickly grabbed the fan and, as they tried to drag him away, a third security person approached.Fiueld guards carry away one of two fans who approached Atlanta Braves right fielder Ronald Acuna Jr. as Acuna took the field for the bottom of the seventh inning of a baseball game against the Colorado Rockies, Monday, Aug. 28, 2023, in Denver. (AP Photo/David Zalubowski)Field guards haul away one of two fans who approached Atlanta Braves right fielder Ronald Acuna Jr. (13) before the bottom of the seventh inning of a baseball game against the Colorado Rockies, Monday, Aug. 28, 2023, in Denver. (AP Photo/David Zalubowski)Field guards hold onto a...

Water well runs dry at Bastrop homeless shelter

Published Tue, 04 Mar 2025 05:00:27 GMT

BASTROP, Texas (KXAN) — As we all endure this heat, a homeless shelter and soup kitchen in Bastrop is struggling to stay open.For the last 10 days, the In the Streets-Hands Up High Ministry hasn’t had any water. Its well went dry and now, it’s in need of a costly $25,000 repair.Without water, the ministry is unable to serve food from its soup kitchen. On average, the local nonprofit dishes out 100-175 free meals a day. Bastrop nonprofit opens emergency cooling shelter, hosts Saturday fan drive Its homeless shelter for families is currently at max capacity, with 35 people living within its doors.Pastor Roland Nava says times have been tough.“I had to sit with the families to let them know that we didn't have any water,” he said. “When some of the children found out, some started to cry because they didn't know where they were going to go.”Several churches, nonprofits and local leaders have helped out the ministry, donating plenty of pallets of water, a portable pump, a portable sho...

Vehicle inspection system back in operation, DPS says

Published Tue, 04 Mar 2025 05:00:27 GMT

AUSTIN (KXAN) – The Department of Public Safety said Monday its system to inspect vehicles had been fixed after a hardware failure last week. DPS said there was "no longer an interruption to service at this time."A hardware failure that started on Aug. 23 led to an outage at the vehicle inspection system, DPS said. Department workers were able to replace the damaged hardware over the weekend and finalize testing overnight on Sunday in order to allow inspections to resume on Monday morning, according to DPS. RELATED: DPS reports vehicle inspection system outage The department said the outage would not allow stations in "safety-only" counties to conduct proper vehicle inspections. Station license renewal applications were also unavailable, according to DPS. The department said the issue did not impact emission inspections.

Austin Energy to hold public meetings on future energy goals Tuesday and Wednesday

Published Tue, 04 Mar 2025 05:00:27 GMT

AUSTIN (KXAN) – Austin Energy asked for customers and the general public to weigh-in this week on the utility's future plans to balance energy production and clean energy.Austin Energy said it will hold both virtual and in-person meetings on Tuesday and Wednesday. New Austin Energy GM speaks to KXAN According to the Aug. 22 announcement, Tuesday's 2 p.m. virtual meeting on Zoom is for small and mid-sized businesses only. Registration is available online.Austin Energy said everyone is invited to attend the in-person meeting Tuesday at 7 p.m. That meeting is at Austin Energy Headquarters at 4815 Mueller Boulevard. Registration is available online. Residential Austin Energy customers can attend a virtual meeting on Zoom at 6 p.m. on Wednesday, according to AE. Those interested can register online.The city said it is holding the meetings as it updates the Austin Energy Resource, Generation and Climate Protection Plan to 2030 (2030 Plan). You can read more about the 2030 Plan here.

Concert review: ‘Happy Together’ tour returns State Fair fans to the ’60s, but time is taking its toll

Published Tue, 04 Mar 2025 05:00:27 GMT

Among the 6,718 souls in attendance at Monday night’s “Happy Together” concert at the Minnesota State Fair Grandstand, there were almost certainly several who thought they caught the tour last year.But such are the vagaries of memory. This multi-act revue built around what pop radio was pumping onto the airwaves in the late 1960s actually hasn’t stopped in the Twin Cities since 2019. And, even then, it was an abbreviated version that split the bill with Tommy James and the Shondells. Not since 2016 has the Fair’s first Monday evening (Senior Day, naturally) hosted “Happy Together.”Yet it was an annual tradition from 2011 to 2016. The Turtles could always be counted on for a night at the Grandstand, bringing along a host of poppy hitmakers of old.But Monday’s show gave a sense that it might be in its twilight. Voices have grown ragged, memories for lyrics and setlists are challenging. But it was nevertheless a fine, fun 100 minutes of music, one act quickly taking the stage after ano...

5 things to know this Tuesday, August 29

Published Tue, 04 Mar 2025 05:00:27 GMT

ALBANY, N.Y. (NEWS10) -- Happy Tuesday! According to Meteorologist Matt Mackie, we can expect some isolated showers with a tad more cloud coverage than we had yesterday. Multiple law enforcement agencies responded to Crossgates Mall around 7:34 p.m. Sunday night for reports of a large crowd with several small fights. Meanwhile, NEWS10 spoke with two districts in the Capital Region to discuss how they are preparing for the new year with asylum seeker kids in attendance. These stories, and more, are covered in your five things to know this Tuesday morning. 1. Multiple agencies respond to Crossgates Mall fightsMultiple law enforcement agencies responded to Crossgates Mall around 7:34 p.m. Sunday night for reports of a large crowd with several small fights. Guilderland police say no arrests have been made at this time and no serious injuries are reported.2. Missing vulnerable adult foundMariann Werner, the missing vulnerable adult reported Monday night, has been found. Before then, she ...