Latest news with #Niles
CBS News
2 days ago
- General
- CBS News
2 cars slam into Home Depot store in Niles, Illinois
Two cars plowed into a Home Depot store in the north Chicago suburb of Niles Monday afternoon. The crash happened at the Home Depot on Civic Center Drive, near the southeast corner of Oakton Street and Waukegan Road. One of the cars crashed directly into the Home Depot building and caused damage. The other hit a protective cage where propane cylinders are located. Due to the involvement of the propane cylinders, hazardous materials crews were called and the Home Depot building was evacuated. All nonessential personnel were directed to the parking lot. There was no immediate word on injuries or the circumstances leading up to the crash.
Yahoo
3 days ago
- Climate
- Yahoo
40th anniversary of a massive tornado outbreak in Ohio, Pennsylvania
COLUMBUS, Ohio (WCMH) — On the evening of May 31, 1985, a series of large and deadly tornadoes swept across northeastern and central Ohio, leaving wide paths of destruction. Victoria Piasecka, a Hilliard resident, was a high school student in Howland Township, Ohio, a little south of Warren, in May 1985. School had let out for the summer on that unseasonably warm, sunny afternoon. She and her friends were playing video games at her aunt's home when they heard an unfamiliar sound. Heading outside, a large tornado resembling a column of fire descended from a relatively bright sky without warning. 'It wasn't dark at the time,' said Piasecka. 'It was huge, and roofs going up, and just seeing stuff going up in the air, and we all ran inside after that.' She added that the scene moments afterwards was 'just devastating.' The tornado first touched down in Newton Falls, about 15 miles west of Niles, where the fire chief saved lives by climbing to the roof of the Municipal Building, where he spotted the funnel and alerted officials by walkie talkie to sound the town's tornado siren. The F3/F4 tornado intensified before plowing through the northern part of Niles, destroying a popular roller rink that would have been occupied with youngsters only a short time later in the evening. Columbus and central Ohio Weather Radar Hundreds of homes were destroyed by winds approaching 300 mph, and eight people died. The monster tornado continued east, weakening slightly as it passed north of Youngstown, killing two persons in Hubbard Township. The violent tornado blasted across Mercer County, Pennsylvania, killing seven more in Wheatland. In all, 18 lives were lost and 310 people were injured. Around the same time, a tornado touched down northwest of Johnstown and passed north of the Croton egg farm, traveling 29 miles before ending in the hills of southwestern Coshocton County. One person died just across the county line and 25 were injured. A number of homes and barns were heavily damaged, and trees were toppled along the path of the storm across northern Licking County. The tornado outbreak that began in the mid-afternoon in southeastern Ontario, Canada, where 12 people died, spread rapidly southeast across northeastern and central Ohio (11 direct deaths) and western and central Pennsylvania (65 deaths). Storm damages at the time were estimated in excess of $600 million. A total of 44 tornadoes were confirmed, including 12 in Ohio and 21 in Pennsylvania (including four that started in Ohio). Three tornadoes touched down in New York, one of which first landed in northwestern Pennsylvania. A recent update counted 14 tornadoes in Ontario. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Yahoo
4 days ago
- Climate
- Yahoo
Looking back: 40 years since 1985 tornado outbreak
NILES, Ohio (WKBN) — Saturday marks the 40th anniversary of the 1985 tornado outbreak. On May 31, 1985, the F-5 tornado created 27 miles of destruction in Trumbull County with wind speeds up to 318 miles per hour. It ripped through Newton Falls, Lordstown, Warren, and Niles before devastating Wheatland and parts of Mercer County. First News took a look through our archives to reflect on the destruction and the resilient community members who came together to help. Some residents recalled the tornado sounding like a 'freight train' and that tidal waves and typhoons in the South Pacific Ocean didn't compare. The National Guard was called in, and residents went from door to door to search for those who survived. Niles councilman Stephen Papalas remembers the day vividly — strong tornadoes passed through northeast Ohio, western Pennsylvania and Ontario, Canada. 'It was a beautiful day, and then it got cloudy, and that's when I was notified,' Papalas said. 'We didn't know at first if it was a gas leak, something that caused an explosion.' 'There was insulation all over the road. It was hanging from trees, and as I got further down Bonnie Brae [Avenue], there were singles, parts of roofs. It got worse and worse. Trees were all gnarled,' Papalas said. 'Houses along [U.S. Route] 422, there were a couple of them that had severe damage, and there was loss of life.' Nearly 70 homes were leveled and another 65 to 70 were severely damaged. In Niles, nine people were killed and 250 were injured. 'They called in a refrigeration truck, and that night began putting victims of the tornado in there,' Papalas said. 'It was eerily quiet. So quiet. It was remarkable … None of us ever had any experience with this, and it was a dire emergency. People were injured. People lost their lives. People had no homes, they had nothing.' 'The next day, you could hear chainsaws everywhere. All kinds of personnel began to descend on the town,' Papalas said. 'A lot of people contribute to the Red Cross and other organizations like that … The community coming together like it did was very noticeable, and I was very impressed by it.' 40 years later, those traumatic events continue to stay with the former councilman. 'Whenever there's a news broadcast that we're having tornado warnings, I take that very seriously. If it hadn't been for that tornado back in '85, I don't know if I'd take it too seriously today,' Papalas said. On Saturday, flowers were placed at the Niles Plaza Memorial to honor the victims. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Yahoo
20-05-2025
- Business
- Yahoo
Jim Cramer Recalls 2011's 6.7% Market Decline After US Debt Downgrade, Says It 'Ultimately Meant Nothing:' Dan Niles Sees Limited Downside Amid Tariff Rollbacks, FOMO
Moody's downgrade of U.S. debt from Aaa to Aa1 marks the country's loss of its last remaining top-tier rating, prompting market experts to weigh in on potential impacts. What Happened: CNBC's Jim Cramer recalled on Sunday that 'the market dropped 6.7% after the last downgrade back in 2011 but it, ultimately, meant nothing.' Despite weeks of market decline following that event, Cramer emphasized investors 'had to stay the course.'Trending: Maker of the $60,000 foldable home has 3 factory buildings, 600+ houses built, and big plans to solve housing — Dan Niles, founder of Niles Investment Management, expects less severe market reactions this time. 'Prior debt downgrades have been followed by S&P drops of 8-10%,' Niles noted, adding that 'today, tariff rollbacks is driving a pickup in the economy & the decline should be less.' Moody's joins Fitch and Standard & Poor's in downgrading U.S. debt below the highest 'triple-A' level. Fitch downgraded U.S. debt in August 2023, while S&P's historic first downgrade occurred in August 2011. The 2011 S&P downgrade shocked markets, coming after the S&P 500 had doubled from its 2009 Great Financial Crisis lows. The index plunged 6.7% the following trading day, ultimately falling 8% from the downgrade in October 2011. Fitch downgrade contributed to a 10% S&P 500 decline from July to October 2023, exacerbated by inflation concerns and rising 10-year yields. Niles believes current conditions differ significantly. 'Unlike in 2023 or 2011, the economic environment is improving around this debt downgrade,' he wrote, citing reduced China tariffs driving trade resumption. Why It Matters: Market support could come from retail investors experiencing FOMO (fear of missing out) and professional investors who missed the recent 20% rally from April lows. The AAII survey recently showed bulls surpassing bears for the first time during this rally, according to Niles. Moody's cited persistent fiscal deficits and rising government debt as key factors in its decision. The agency projects U.S. debt-to-GDP ratio will climb from nearly 100% in 2025 to around 130% by 2035. 'Even in a very positive and low probability economic and financial scenario, debt affordability remains materially weaker than for other Aaa-rated sovereigns,' Moody's stated. The SPDR S&P 500 ETF (NYSE:SPY) and Invesco QQQ Trust (NASDAQ:QQQ) both slipped in Friday's after-hours trading following the announcement. Read Next: Hasbro, MGM, and Skechers trust this AI marketing firm — Invest at $0.60/share before it's too late. Invest Where It Hurts — And Help Millions Heal: Invest in Cytonics and help disrupt a $390B Big Pharma stronghold. Photo courtesy: katz / Send To MSN: Send to MSN UNLOCKED: 5 NEW TRADES EVERY WEEK. Click now to get top trade ideas daily, plus unlimited access to cutting-edge tools and strategies to gain an edge in the markets. Get the latest stock analysis from Benzinga? This article Jim Cramer Recalls 2011's 6.7% Market Decline After US Debt Downgrade, Says It 'Ultimately Meant Nothing:' Dan Niles Sees Limited Downside Amid Tariff Rollbacks, FOMO originally appeared on Sign in to access your portfolio
Yahoo
17-05-2025
- General
- Yahoo
Pastor celebrates 30 years at local church
NILES, Ohio (WKBN) — There was a big crowd Friday night in Niles to celebrate a milestone anniversary for one of Youngstown's leading pastors. The Eastwood Event Center hosted a celebration for Pastor Michael Harrison and his 30th anniversary as Pastor of Union Baptist Church on Youngstown's Northside. Over 200 people attended the event. Pastor Harrison said he never thought he'd have lasted 30 years but he never regretted staying. 'It hasn't been that much of a challenge but it's been different because those that are joining now are a little bit different than those older members that we had. They're thinking of the world and thinking of church as a little different. So it takes a little more work to get them to understand what it means to be a good Christian,' said Pastor Harrison is 68 and said he has no clue when he might retire. He's happy where he is and plans to stay as long as he can remember his name, address, and phone number. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
