Latest news with #Mornings
Winnipeg Free Press
19 hours ago
- Business
- Winnipeg Free Press
Hudson's Bay headed back to court to get permission to sell six leases
TORONTO – Hudson's Bay is headed back to court with hopes of getting approval to sell more of its leases and to extend its reprieve from creditors. The collapsed retailer is expected to use the appearance Thursday morning to ask the Ontario Superior Court to allow it to sell five leases to clothing company YM Inc. and one to Ivanhoe Realties Inc. YM Inc. owns a slew of mall brands including Bluenotes, Urban Planet, Suzy Shier and West 49. It wants to pay $5.03 million to take over properties the Bay and its sister Saks business held at Vaughan Mills in Vaughan, Ont., Tanger Outlet in Kanata, Ont., Outlet Collection in Winnipeg, CrossIron Mills in Rocky View, Alta., and Toronto Premium Outlets in Halton Hills, Ont. YM has not said which of its brands will move into each site but the Bay said in court filings made last week that the landlords of all five properties have given their blessing to the prospective new tenant. However, YM had bigger ambitions when it inked a deal with the Bay on May 28. It originally wanted to buy the leases at Pickering Town Center in Pickering, Ont., Skyview Power Centre in Edmonton, and Midtown Plaza in Saskatoon for $1 million, but landlord waivers weren't secured for those properties. In addition to the YM transaction, the Bay will also ask the court Thursday to allow it to move forward with another deal it struck to sell its lease at Metrotown in Burnaby, B.C., to Ivanhoe Realties Inc. for $20,000. Ivanhoe Cambridge, the parent company of Ivanhoe Realties, owns the mall and thus, the transaction is not facing opposition. The two deals were the result of a process, which saw the Bay put its leases up for sale. One dozen bids for a collective 39 properties came in. Ivanhoe's bid was not initially accepted because of its low price, the Bay has said in court documents. However, negotiations eventually helped the parties come to an agreement. The retailer is expected to use the remainder of the hearing to push for its creditor protection to be extended to Oct. 31. The company, which closed all of its stores earlier this year, says the extension will give it more time to prepare its art and artifacts for auction and get approval to sell 25 more leases to B.C. billionaire Ruby Liu. Liu already bought three leases at B.C. malls she owns but wants about two dozen more. She has said she will use the sites to open a new department store named after herself. It will have three tiers — flagship, premium and standard. Monday Mornings The latest local business news and a lookahead to the coming week. Liu is budgeting $375 million for the endeavour and says $120 million will be spent on 'overdue' repairs to roofs, HVAC systems, washrooms, elevators and escalators. She also says $135 million will be spent on initial inventory. She projects her plan will create at least 1,800 new jobs and by 2027, generate more than $420 million in annual sales. Landlords are vehemently opposed to her moving in and have criticized her for not providing enough information about the business she intends to open in their properties. One of the Bay's leading lenders, Restore Capital, and its parent company Hilco Global, have also fought Liu's 25-lease deal, saying each month that the transaction goes unapproved, their costs rise and their chances of recovering lost money erode. A judge has given all parties in the Bay case a series of August deadlines to produce documents and file motions, allowing the court to hear arguments around whether Liu should get the leases at the end of next month. This report by The Canadian Press was first published July 31, 2025.
Winnipeg Free Press
2 days ago
- Entertainment
- Winnipeg Free Press
Sen. John Fetterman releases memoir ‘Unfettered' this fall, looking at political and health battles
NEW YORK (AP) — A long-rumored and 'unapologetic' memoir by Sen. John Fetterman will be released this fall, his publisher said. Crown, an imprint of Penguin Random House, announced on Wednesday that 'Unfettered' is scheduled for Nov. 11. In the memoir, the Democrat will open up about his rise from mayor of Braddock, Pennsylvania, to national fame. The book also delves into his physical and mental health issues, including his stroke in 2022, and his clashes with both Republicans and members of his own party. One of Washington's most recognizable politicians, known for his hoodies and for his imposing height of 6 feet, 8 inches, Fetterman worked on the book with Buzz Bissinger of 'Friday Night Lights' fame. 'Fetterman reveals, for the first time, the full story of a life and career marked by battles, from his work with community leaders to revitalize Braddock to his recovery from the stroke that nearly ended his political career, to his lifelong struggles with the depression that landed him in Walter Reed National Military Medical Center and nearly ended his life,' Crown's statement reads in part. 'Raw and visceral, this memoir is an unapologetic account of his unconventional life, a reminder that public service comes in many forms, and a vision for fighting the battles that matter in a divided country.' Monday Mornings The latest local business news and a lookahead to the coming week. ___ Follow the AP's coverage of John Fetterman at
Winnipeg Free Press
3 days ago
- General
- Winnipeg Free Press
Wallis Annenberg, billionaire philanthropist who backed arts, science and other causes, dies at 86
LOS ANGELES (AP) — Wallis Annenberg, the billionaire philanthropist who supported the arts, science, education and animal welfare causes over decades in Los Angeles, died Monday, her family said. She was 86. Annenberg died at home from complications related to lung cancer, the family said in a statement to the Los Angeles Times. 'Wallis transitioned peacefully and comfortable this morning to her new adventure,' the statement said. 'Cancer may have beaten her body but it never got her spirit. We will hold her and her wisdom in our hearts forever.' Her name adorns institutions across the Los Angeles area, including the Wallis Annenberg Building at the California Science Center, the Wallis Annenberg GenSpace senior center and the Wallis Annenberg Center for the Performing Arts. The Wallis Annenberg Wildlife Crossing, the world's largest bridge for animals on the move, will open next year over an LA freeway. During her 16-year tenure as president and chief executive of the Annenberg Foundation, the nonprofit organization has donated about $1.5 billion to thousands of organizations in Southern California, the Times reported. Under Wallis Annenberg's leadership, the foundation expanded its philanthropic scope beyond media, arts and education to include animal welfare, environmental conservation and healthcare. Her father, Walter Annenberg, started the foundation after selling his publishing empire, including TV Guide and other publications, in 1989 to Rupert Murdoch's News Corp. Walter Annenberg died in 2002. Monday Mornings The latest local business news and a lookahead to the coming week. Wallis Annenberg was a longtime board member of LA's Museum of Contemporary Art and the Los Angeles County Museum of Art, or LACMA. In 2002, she gave $10 million to endow LACMA's director position. 'Wallis Annenberg blessed the Los Angeles community not only with her philanthropy, but also with her guidance about how to improve our community,' said LACMA Chief Executive Michael Govan, who filled that endowed position in 2006. Born in Philadelphia, she moved to Los Angeles in the early 1970s after marrying neurosurgeon Seth Weingarten. The couple divorced in 1975. Wallis Annenberg received the 2022 National Humanities Medal from President Joe Biden for her life in philanthropy. She is survived by four children and five grandchildren.
ABC News
25-07-2025
- Entertainment
- ABC News
"Conversations - The Live Show' giveaway
'Conversations – The Live Show' will be at The Norwood Concert Hall to take fans behind the scenes of the country's most popular podcast. Tickets may have sold out to the Adelaide shows, but ABC Radio Adelaide can still get you there. Tune in to Mornings with Rory McClaren on 891 ABC Radio Adelaide from Monday 28 July to find out how you can win a merch pack and tickets to Conversations Live this August. Keep listening to Mornings on Friday 1 August when Richard Fidler joins Rory on-air to talk about the Live Show and share some of his stories behind the stories of Conversations over 20 years. Prize details One of four double passes to Conversations Live at The Norwood Concert Hall on 1 August 2025. One of four double passes to Conversations Live at The Norwood Concert Hall on 1 August 2025. A Conversations Live tote bag and T-shirt. How to win Listen to Mornings with Rory McClaren from Monday 28 July as Conversations is featured. Listen to with from Monday 28 July as is featured. Listen out for the audio of a well-known Conversations guest over the last 20 years and correctly identify who it is for your chance to win. Kickstart your mornings with Rory McClaren on ABC Radio Adelaide, 9am- 11am weekdays. Now we're talking Adelaide! Tune your radio to 891AM, listen live online at or download the free ABC listen app. for free listening on the go. Terms and Conditions
Winnipeg Free Press
22-07-2025
- Politics
- Winnipeg Free Press
B.C. Coastal First Nations issue open letter to Carney opposing suggested pipeline
VANCOUVER – Coastal First Nations in British Columbia have issued an open letter to Prime Minister Mark Carney, asking him to reject any new proposal for a crude oil pipeline to the northwest coast. The move comes as Alberta Premier Danielle Smith pushes for a new private-sector pipeline that would send crude oil to the northern B.C. coast for export to Asia. Marilyn Slett, president of the Coastal First Nations-Great Bear Initiative, says in a news release that there is no pipeline or oil tanker project that would be acceptable to their group, and any proposal to send crude oil through their coastal waters is a 'non-starter.' The group is asking Carney to uphold the 2019 Oil Tanker Moratorium Act, which prohibits oil tankers carrying more than 12,500 metric tons of crude from stopping, loading or unloading at ports or marine installations along the north coast. It says the act is Canada's recognition of more than 50 years of effort to protect the north Pacific coast, which includes the Great Bear Rainforest and Haida Gwaii, from the risks of an oil spill. The nations say they have not changed their stance since oil tankers were banned from their territorial waters in 2010 based on ancestral laws, rights and responsibilities. The group says the north Pacific coast has one of the richest and most productive cold-water marine ecosystems on Earth, and it remains a source of sustenance, culture, and livelihood for coastal communities and all B.C. residents. The group has instead suggested the prime minister meet with them to 'better understand the credible ecological treasure that is the north Pacific coast.' Monday Mornings The latest local business news and a lookahead to the coming week. The letter comes less than a week after Carney met hundreds of First Nations chiefs, where he faced resistance to the Building Canada Act, which allows the government to fast track major projects that it deems to be in the national interest, including by sidestepping existing laws. This report by The Canadian Press was first published July 22, 2025.
