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Sleep Country Canada earns $12.7 million in second quarter as revenues decline

Published Sat, 16 Nov 2024 02:58:21 GMT

TORONTO — Sleep Country Canada Holdings Inc. reported net income of $12.7 million in the second quarter, down from $22.7 million last year.The Toronto-based company says revenues for the quarter were $217.2 million, down 4.6 per cent from $227.6 million during the same quarter last year. Diluted earnings per share were 36 cents, down from 61 cents. President and CEO Stewart Schaefer says the company continued to see softness following a slowdown of consumer spending on large discretionary goods that began in the second half of last year. The company says same-store sales were down 10.9 per cent from the same quarter last year. The second quarter saw Sleep Country acquire the Canadian operations of Casper Sleep Inc. for US$20.6 million.This report by The Canadian Press was first published Aug. 10, 2023.Companies in this story: (TSX:ZZZ)The Canadian Press

Coal miners plead with feds for stronger enforcement during emotional hearing on black lung rule

Published Sat, 16 Nov 2024 02:58:21 GMT

BEAVER, W.Va. (AP) — Laboring to breathe, West Virginia coal miner Terry Lilly told federal regulators Thursday he is appreciative the U.S. government is finally considering a proposal to limit the poisonous rock dust causing a severe resurgence of black lung.But Lilly said the rule — a half-century in the making — will mean nothing if there aren’t strict enforcement mechanisms in place to ensure companies comply. “Cheating the samples is what we need to stop. If we can stop this, we can save some lives,” said Lilly, asking officials to excuse him as a took a pause to catch his breath. He’s now limited to 40% lung capacity, he said.Lilly was one of the dozens of miners and advocates who came to the historic coal-mining county in West Virginia’s southern coalfields to discuss a proposed rule from the federal Mine Safety and Health Administration that would cut the current limit for silica dust exposure in half.During an emotional, hours-long hearing — the second of three before...

Refurbishment work ahead of schedule at Darlington power station

Published Sat, 16 Nov 2024 02:58:21 GMT

Some of the work to refurbish the reactors at the Darlington Nuclear Power Station in Bowmanville has finished ahead of schedule.Ontario Power Generation (OPG) said they’ve successfully reconnected reactor number three to Ontario’s electricity grid, 169 days earlier than expected.It’s part of an ongoing project at the station to refurbish all four reactors on site, costing over $12 billion.OPG Senior Vice President of Nuclear Refurbishment, Subo Sinnathamby, is crediting the early completion to both the planning process and learning from the refurbishments of both reactor two, and from other operators who’ve completed similar work in other locations.“The culture on the project where all the vendor partners are very committed to a single goal of achieving inventory return to service and the rest of the project to ensure we return back to Ontario’s homes on schedule and on budget,” said SinnathambyReactor unit number 3 is the second unit to undergo complete res...

Senseonics: Q2 Earnings Snapshot

Published Sat, 16 Nov 2024 02:58:21 GMT

GERMANTOWN, Md. (AP) — GERMANTOWN, Md. (AP) — Senseonics Holdings Inc. (SENS) on Thursday reported a loss of $20.4 million in its second quarter.On a per-share basis, the Germantown, Maryland-based company said it had a loss of 4 cents.The results met Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was also for a loss of 4 cents per share.The medical technology company posted revenue of $4.1 million in the period, which did not meet Street forecasts. Four analysts surveyed by Zacks expected $4.6 million.Senseonics expects full-year revenue in the range of $20 million to $24 million._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SENS at https://www.zacks.com/ap/SENSThe Associated Press

Allusions to mobster movies and book burning at appeals court hearing on Biden social media contacts

Published Sat, 16 Nov 2024 02:58:21 GMT

NEW ORLEANS (AP) — Allusions to book burning and mobster movies arose during a federal court hearing Thursday as appellate judges heard arguments on whether the Biden administration crosses the line from legal persuasion to unconstitutional censorship in communications with social media platforms about controversial posts. At issue was a broad July 4 order from U.S. District Judge Terry Doughty in the north Louisiana city of Monroe ruling in a lawsuit by attorneys general in Louisiana and Missouri. A conservative website owner and four critics of the administration’s COVID-19 policy are also plaintiffs in the suit.The lawsuit claimed the administration, in effect, censors free speech with threats of regulatory action the government could take while pressuring companies to remove what it deems misinformation. COVID-19 vaccines, the FBI’s handling of a laptop that belonged to President Joe Biden’s son, Hunter, and election fraud allegations were among the topics spotlighte...

Family members found dead in Crystal Lake home identified

Published Sat, 16 Nov 2024 02:58:21 GMT

MCHENRY COUNTY, Ill. —  Officials in McHenry County have identified the family members who were found dead Wednesday inside a house in Unincorporated Crystal Lake.According to police, the shooting happened just before 4 a.m. Wednesday on the 5800 block of Wild Plum Road. Officers were dispatched to a residence for the report of a “single household member shooting their relatives.”Upon arrival, police found a total of five people inside the house. Three females were pronounced dead on the scene. Previous Coverage: 4 dead, including suspected ‘aggressor,’ after shooting inside home in Crystal Lake: police A male, who is believed to be the aggressor, was transported to an area hospital where he later died.On Thursday the McHenry County Coroner identified the four people as Jean Song, age 44, Lauren Smith-Song, age 32, Chang Song, age 73, Yuna Song, age 49.Another female, who initially called 911, was seriously injured and transported to an area hospital.Police said the five peop...

Killer of Indian Head Park teen dies in prison

Published Sat, 16 Nov 2024 02:58:21 GMT

The man who a judge once called a “cold” and “calculating” killer for stealing the life of a suburban teenager has died in prison, the Illinois Department of Corrections confirms.Kelli Joy O’Laughlin was 14-years-old, a freshman at Lyons Township High School back in 2011.  She went home from school early on an October afternoon when the man broke into her home during a robbery and encountered Kelli and killed her. The torment didn’t end there. Among the items he stole was Kelli’s cell phone and he used it to send taunting text messages to Kelli’s mom in the days after her daughter’s death.“The day has come for Kelli Joy to rest in peace,” Brenda O’Laughlin wrote on Facebook after learning of the man’s death. “You took away Kelli’s future by your calculated vile actions. You took away our ‘Joy’ of watching our baby grow up to see the woman that she would have become,” she wrote. PREVIOUS: Indian Head Park parents’ 6-year mission of ‘spreading joy’ after young daughter’s death The I...

Rubber ducks fill Chicago River for annual Ducky Derby fundraiser

Published Sat, 16 Nov 2024 02:58:21 GMT

CHICAGO — Thousands of rubber ducks raced to the finish line Thursday in the annual Ducky Derby.The ducks were drop into the Chicago River at 1 p.m.Crowds gathered to watch and see which one makes it to Michigan Avenue first. People paid $5 a duck to be part of the fun. 100,000 ducks were up for "adoption" this year.Read more: Latest Chicago news headlinesThe event is a major fundraiser for Special Olympics Illinois. They offer year-round training and competitions to more than 55,000 athletes.Thursday's event raised $430,000. If you missed the race, you can still donate at https://www.duckrace.com/chicago

The Children's Place recalls jeans for choking hazard

Published Sat, 16 Nov 2024 02:58:21 GMT

(WHTM) — The Children's Place is recalling two styles of baby and toddler jeans due to a choking hazard.The recall includes Baby and Toddler Boy Basic Stretch Straight Leg Jeans sold in sizes 6-9M to 5T. According to the United States Consumer Product Safety Commission, the metal snaps on the jeans can detach. This poses a choking hazard to young children. Target recalling over 2 million candles due to multiple hazards The affected styles have the following information:Style WashStyle NumberVendor NumberDustbowl Wash30223417000541Telford30223427000541The style and vendor numbers can be found on the sewn-in, side-seam label inside the jeans near the left pocket. About 97,400 units are affected by the recall and no other The Children's Place items are part of the recall. Use Batiste dry shampoo? You could claim part of $2.5M settlement The commission says consumers should immediately take the recalled jeans away from children and return the jeans to any The Children’s Place store ...

Average Manhattan monthly rent rises to record $5,588

Published Sat, 16 Nov 2024 02:58:21 GMT

(The Hill) – The average monthly rent in Manhattan rose to a record $5,588 in the month of July as inflation and higher interest rates push rental prices to new record levels, according to a report from Miller Samuel and Douglas Elliman. Manhattan’s new average monthly rent of $5,588 is up more than 9 percent from last year, when rent was $5,113, according to the report. The median rental price also reached a new high of nearly $4,400, up more than 6 percent from last year, marking the fourth time in five months Manhattan has hit a record. The report found the average rental price per square foot also increased 4.3 percent over the past year to a new high of $84.74. The new average rental price is $3,278 for a studio, $4,443 for a one-bedroom, $6,084 for a two-bedroom, and $10,673 for a three-bedroom, the report found. New lease signings slipped by 6 percent, excluding renewals, as the market approaches its seasonal summer peak, according to the report. The vacancy rate wa...