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Kevin O'Leary has a warning about 'brickwalls' for Mamdani

Kevin O'Leary has a warning about 'brickwalls' for Mamdani

Fox News2 days ago
O'Leary Ventures chairman Kevin O'Leary discusses NYC mayoral candidate Zohran Mamdani's campaign and 'Five Boroughs Against Trump' tour on 'America Reports.'
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In the news today: Air Canada flight cancellations, Alberta's third summer town hall
In the news today: Air Canada flight cancellations, Alberta's third summer town hall

Yahoo

time15 minutes ago

  • Yahoo

In the news today: Air Canada flight cancellations, Alberta's third summer town hall

Here is a roundup of stories from The Canadian Press designed to bring you up to speed... Some Air Canada flights to be cancelled today Some Air Canada flights that were scheduled to take off today will be cancelled as the airline braces for a work stoppage this weekend. The union that represents around 10,000 Air Canada flight attendants is poised to strike just before 1 a.m. on Saturday, as the airline also plans to lock out those workers. Air Canada says it will begin cancelling flights today, with more disruptions Friday and a complete stoppage by Saturday if it doesn't reach a last-minute deal with the flight attendants' union. It says customers whose flights are cancelled will be eligible for a full refund, and it has also made arrangements with other Canadian and foreign carriers to provide alternative travel options "to the extent possible." Smith to lead Alberta panel at third town hall A travelling panel collecting public feedback on Alberta's grievances with Ottawa is set to make its third summer town hall stop tonight. Premier Danielle Smith and 15 other members of her Alberta Next panel are scheduled to be in Edmonton to brainstorm with people about possible future referendum questions. The premier has said one of the reasons for the panel is to address concerns that are inspiring separatist sentiment in the province. Its agenda focuses on six policy ideas, including pulling out of the Canada Pension Plan and creating a provincial police force to replace the RCMP. Ottawa should help fixer's family, ex-general says A former top general says it would be "unconscionable" for Ottawa to allow the family of an Afghan translator who risked his life to help Canadian soldiers to be deported back to Afghanistan. Retired general Rick Hillier, a former chief of the defence staff, said it would be appalling if Canada failed to help the ex-translator's sister, who fled to Turkey from Afghanistan but has been denied permission to remain in that country. "That would be unconscionable, if she ends up getting deported from Turkey and has to go back to Afghanistan to live under that brutal Taliban regime -- who hate women just as a starting point," Hillier told The Canadian Press in a recent interview. "We can do better." Chinese tariff on canola seed comes into force A Chinese tariff of nearly 76 per cent on Canadian canola seed is set to come into force today. The duty, announced Tuesday, has already caused the price of one of Canada's most valuable crops to fall, wiping out millions of dollars in its value. It comes a year after China launched an anti-dumping investigation into Canadian canola. The investigation was in response to Canada's 100 per cent tariff on Chinese electric vehicles, and the two countries have since hit each other with various levies. Canola farmers and Ottawa have rejected claims of dumping, arguing exporters have followed rules-based trade. Simons opens first Toronto department store Wandering through Simons's newest store a day before it opened on Thursday, Bernard Leblanc had a quiet confidence despite the busyness surrounding him. Across almost every inch of the flagship store at Yorkdale mall in Toronto, staff were scurrying to unwrap and steam the last of the location's merchandise, vacuum carpets and dress mannequins. The seemingly menial tasks belied the enormity of what they were all preparing for: Simons's entry into the venerable Toronto market. That feat has been a long time coming. La Maison Simons is 185 years old but has taken such a methodical expansion outside its home province of Quebec that it only counted 17 stores until now. While it's long wanted to head to Toronto, it somehow detoured through Halifax, Vancouver and even the city's outskirts in nearby Mississauga before forging its way into the heart of Ontario on Thursday. TIFF backtracks after pulling Oct. 7 documentary The Toronto International Film Festival has changed course after pulling a documentary about the Oct. 7, 2023, Hamas attacks in Israel from its lineup. In a statement sent Wednesday evening, TIFF chief executive officer Cameron Bailey said the festival would work with filmmaker Barry Avrich to find a way to screen the film. Bailey denied allegations that its previous decision to disinvite the film was a case of censorship. Earlier in the day, TIFF said that the doc titled "The Road Between Us: The Ultimate Rescue" didn't meet the festival's requirements, including "legal clearance of all footage." --- This report by The Canadian Press was first published Aug. 14, 2025 The Canadian Press

NBA clears Boston Celtics' $6.1 billion sale to Bill Chisholm
NBA clears Boston Celtics' $6.1 billion sale to Bill Chisholm

CNN

time15 minutes ago

  • CNN

NBA clears Boston Celtics' $6.1 billion sale to Bill Chisholm

A group headed by Bill Chisholm is set to take control of the Boston Celtics after the NBA Board of Governors unanimously approved the sale on Wednesday. The NBA wrote in a statement, 'The transaction is expected to close shortly.' The reported $6.1 billion valuation for the club makes it the second-largest sale price for a US sports franchise, behind the $10 billion valuation for the Los Angeles Lakers when Mark Walter purchased that team in June. Chisholm and his partners are buying at least 51 percent of the Celtics. The ownership stake will increase in 2028, according to the purchase contract, when Chisholm's group is scheduled to buy out the remaining minority shareholders at a $7.3 billion valuation. According to multiple media reports, Chisholm will take over as the Celtics' governor when the sale goes through. Outgoing owner Wyc Grousbeck is expected to serve as alternate governor and remain the CEO through 2028. Grousbeck will cede his role when he no longer has the required ownership stake of at least 15 percent. Chisholm, the co-founder and managing partner of the California-based private equity firm STG Partners, is a Massachusetts native and longtime Celtics fan. Grousbeck and the outgoing ownership group Boston Basketball Partners LLC purchased the Celtics for $360 million in 2002. During that group's tenure, the club won NBA titles in 2007-08 and 2023-24 – the latter representing Boston's league-record 18th championship.

Canadians Shun U.S., Ennismore's IPO Impact, and MSC's Carbon Cuts
Canadians Shun U.S., Ennismore's IPO Impact, and MSC's Carbon Cuts

Skift

time16 minutes ago

  • Skift

Canadians Shun U.S., Ennismore's IPO Impact, and MSC's Carbon Cuts

Listen to the day's top travel stories in under four minutes every weekday. Good morning from Skift. It's Thursday, August 14. Here's what you need to know about the business of travel today. Canadians are continuing to shun travel to the U.S., writes Associate Editor Rashaad Jorden. The number of Canadians returning by car from the U.S. dropped 37% in July from last year, marking the seventh straight month of declines. July also saw a roughly 26% decrease in Canadians returning by air from the U.S. However, the number of Canadians returning from destinations other than the U.S. rose roughly 6%. Japan and Brazil, among other countries, have registered double-digit increases in Canadian visitors between January and June. Listen to This Podcast Apple Podcasts | Spotify | Youtube | RSS Next, Hospitality Reporter Luke Martin explains how a successful IPO for Ennismore could change how investors view lifestyle hotels. Martin writes, although Wall Street has long prioritized scale and cost efficiency, a successful IPO could elevate design, brand heat, and food-and-beverage revenue as credible sources of long-term value. If Ennismore performs well as a public company, Martin notes that would change how developers in the U.S. pick brands. However, Martin writes that if an Ennismore IPO were to stumble, that would reinforce the prevailing view that lifestyle belongs inside big hotel groups, not as a standalone business on the public markets. Finally, MSC Cruises, the third-largest cruise operator by passenger numbers, says it managed to cut greenhouse gas emissions last year. But the cruise industry still has a lot of work to reduce its massive carbon footprint, writes Climate Reporter Darin Graham. MSC Cruises highlighted in its latest climate report the tweaks and strategies that helped it cut emissions, including using AI-controlled heating and cooling systems. In addition, MSC's move to plug ships into the grid while in port enabled ships to run on electricity. However, MSC said its overall emissions will start climbing again without more transformative decarbonization solutions as its fleet grows. A report from maritime consultancy DNV warns that by 2030, the global production of carbon-neutral fuels for cruise ships won't match demand.

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