Cenovus: Q1 Earnings Snapshot
CALGARY, Alberta (AP) — CALGARY, Alberta (AP) — Cenovus Energy Inc. (CVE) on Thursday reported profit of $598.3 million in its first quarter.
On a per-share basis, the Calgary, Alberta-based company said it had net income of 32 cents.
The oil company posted revenue of $9.26 billion in the period.
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Los Angeles Times
4 hours ago
- Los Angeles Times
2026 races loom at Georgia Republican convention as Trump loyalty dominates
DALTON, Ga. — Steve Bannon took the stage Friday night at the Georgia Republican Convention to say it's too early to be talking about 2026. 'Don't even think about the midterms,' the Republican strategist told activists. 'Not right now. '26, we'll think about it later. It's backing President Trump right now.' But it didn't work. There was plenty of praise for Donald Trump. And while the party took care of other business like electing officers and adopting a platform, the 2026 races for governor and Senate were already on the minds of many on Friday and Saturday in the northwest Georgia city of Dalton. 'Everybody campaigns as quick as they can,' U.S. Rep. Marjorie Taylor Greene told The Associated Press Saturday. Lots of other people showed up sounding like candidates. Greene, after passing on a U.S. Senate bid against Democratic incumbent Jon Ossoff, laid out a slate of state-level issues on Saturday that will likely fuel speculation that she might run for governor to replace term-limited Republican Gov. Brian Kemp. Echoing Trump's signature slogan, Greene told the convention to 'Make Georgia great again, for Georgia.' She called for abolishing the state income tax, infusing 'classical' principles into Georgia's public schools, reopening mental hospitals to take mentally ill people off the streets, and changing Georgia's economic incentive policy to de-emphasize tax breaks for foreign companies and television and moviemakers. 'Now these are state-level issues, but I want you to be talking about them,' Greene said. In her AP interview before the speech, Greene said running for governor is an 'option,' but also said she has a 'wonderful blessing' of serving her northwest Georgia district and exercising influence in Washington. 'Pretty much every single primary poll shows that I am the top leader easily, and that gives me the ability to think about it. But it's a choice. It's my own, that I will talk about with my family.' More likely to run for governor is Lt. Gov. Burt Jones, who is expected to announce a bid later this summer. 'I promise you, I'm going to be involved in this upcoming election cycle,' Jones told delegates Friday. Like Greene, Jones is among the Georgia Republicans closest to Trump, and emphasized that 'the circle is small' of prominent Republicans who stood by the president after the 2020 election. Jones also took a veiled shot at state Attorney General Chris Carr, who declared his bid for governor in December and showed up Friday to work the crowd, but did not deliver a speech to the convention. 'Always remember who showed up for you,' Jones said. 'And always remember who delivers on their promises.' Carr told the AP that he didn't speak because he was instead attending a campaign event at a restaurant in Dalton on Friday, emphasizing the importance of building personal relationships. Although Trump targeted him for defeat in the 2022 primary, Carr said he's confident that Republicans will support him, calling himself a 'proud Kemp Republican,' and saying he would focus on bread-and-butter issues. 'This state's been built on agriculture, manufacturing, trade, the military, public safety,' Carr said. 'These are the issues that Georgians care about.' The easiest applause line all weekend was pledging to help beat Ossoff. 'Jon Ossoff should not be in office at all,' said U.S. Rep. Buddy Carter, who is spending heavily on television advertising to support his Senate run. 'Folks, President Trump needs backup, he needs backup in the Senate,' said state Insurance Commissioner John King, who is also running for the Senate. 'He's going to need a four-year majority to get the job done. And that starts right here in the state of Georgia.' Former University of Tennessee football coach Derek Dooley, who expressed interest Friday in running for Senate, did not address delegates. But one other potential candidate, U.S. Rep. Mike Collins, did. Collins told delegates that in 2026 it was a priority to defeat Ossoff and replace him with a 'solid conservative.' It's not clear, though, if Collins himself will run. 'We're going to see how this thing plays out,' Collins told the AP. 'I'm not burning to be a senator, but we've got to take this seat back.' Amy writes for the Associated Press.
Hamilton Spectator
4 hours ago
- Hamilton Spectator
Trump says Elon Musk could face ‘serious consequences' if he backs Democratic candidates
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Yahoo
5 hours ago
- Yahoo
See Purdue's 50-year plan to transform downtown Indianapolis campus with high-rises
Over the next 50 years, Purdue University plans to transform its downtown Indianapolis campus into an urban hub with high-rise buildings hosting up to 15,000 students, according to a new master plan. Today, Purdue's 28-acre sliver of land wedged between Indiana Avenue and Michigan Street on downtown's west side — roughly the same acreage as the parcel on which Lucas Oil Stadium and its south parking lot sit — is home to three parking garages and five expansive parking lots. A conceptual master plan approved by Purdue's Board of Trustees June 6 envisions 16 new buildings on that site, featuring 4.5 million square feet and about 3,500 student beds. With leasing agreements at nearby apartments, Purdue expects to offer students more than 5,300 beds downtown. The plan foresees an increase in Purdue's student enrollment in Indianapolis from about 2,800 in fall 2024 to 15,000 by fall 2075. Despite the dense development, the plan sets aside about 60% of the downtown acreage for open spaces where students can gather and walk, according to Maryland-based architecture firm Ayers Saint Gross, which designed the 50-year master plan. Construction on the campus' main building, the 15-story Academic Success Building near the intersection of West and Michigan streets, began this April. The $187 million facility with classrooms, lab space, dining halls and student housing will be complete around May 2027. The long-term plan comes as Purdue and Indiana University in Indianapolis jostle for position on the west side of downtown following the 2024 split of the two schools' joint urban campus, IUPUI. As Purdue updates its plans, IU has allotted hundreds of millions of dollars to build multiple major facilities, including an 11-story School of Medicine building and a 4,500-seat athletics center, on its downtown campus in the next few years. IUPUI split: Indiana Ave. fell as IUPUI rose. After Purdue and IU split, can they help renew the Avenue? After the IUPUI division, IU retains most of the 536-acre downtown campus and enrolled more than 25,000 students in fall 2024. IU also owns the 28-acre wedge of land where Purdue will expand between Indiana Avenue to the north, Michigan Street to the south and Blake Street to the west. Purdue has signed a 100-year lease to use the property. Purdue is expanding into Indiana's capital city in part to ease the strain on housing and other facilities at the West Lafayette campus, which now enrolls an all-time high of more than 55,000 students. University leaders have also announced partnerships with Indianapolis-based science and engineering firms like animal health company Elanco and race car manufacturer Dallara. 'Rather than a single hub, Purdue is weaving into the fabric of the city's innovation and industry corridors," David Umulis, Purdue's senior vice provost for Indianapolis, said in a statement, "expanding from downtown all the way to the northwest side of Indianapolis." Email IndyStar Reporter Jordan Smith at JTsmith@ Follow him on X: @jordantsmith09 This article originally appeared on Indianapolis Star: What's in Purdue's 50-year plan for downtown Indianapolis campus
