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RBC reports Q2 profit down as loan-loss provisions rise, raises quarterly dividend

Published Mon, 11 Nov 2024 03:10:46 GMT

TORONTO — Royal Bank of Canada raised its dividend as it reported its second-quarter profit fell compared with a year ago and the amount of money it set aside for bad loans rose.The bank says it will now pay a quarterly dividend of $1.35 per share, up from $1.32 per share.The increased payment to shareholders came as RBC says it earned $3.65 billion or $2.58 per diluted share for the quarter ended April 30, down from $4.25 billion or $2.96 per diluted share in the same quarter last year.Revenue totalled $13.52 billion, up from $11.22 billion in its second quarter last year, while its provisions for credit losses amounted to $600 million compared with a recovery of $342 million a year earlier.On an adjusted basis, RBC says it earned $2.65 per diluted share in its latest quarter, down from an adjusted profit of $2.99 per diluted share in the same quarter last year.The average analyst estimate had been for an adjusted profit of $2.79 per share, according to estimates compiled by financ...

Police arrest gunman who shot and wounded officer in Romeoville

Published Mon, 11 Nov 2024 03:10:46 GMT

ROMEOVILLE, Ill. — Police have arrested the gunman who shot and wounded an officer in Romeoville after an hours-long manhunt. The shooting happened around 12:15 a.m. Thursday near the intersection of Sierra Trail and Summerfield Drive. Police said officers were investigating a stolen vehicle and approached the suspect, who then fled on foot.A foot chase ensued and there was an exchange of gunfire.One officer was shot in the shoulder and was transported to Loyola Hospital. He is expected to recover. Man, 2 teens charged in double shooting on Near South Side last month The suspect was caught and taken into custody around 5:45 a.m. Thursday.No further information has been provided at this time.

Man dead following officer-involved shooting in Des Plaines

Published Mon, 11 Nov 2024 03:10:46 GMT

DES PLAINES, Ill — A man is dead following an officer-involved shooting in Des Plaines.The shooting happened around 7:30 p.m. Wednesday at an apartment complex in the 1400 block of Thacker Street.Police said a 55-year-old man, identified as Scott MacDonald, was suffering some kind of mental heath crisis and potentially had access to an axe or machete.When police arrived to the scene, the situation escalated when an officer unexpectedly encountered MacDonald in the common hallway of the building — and shots were fired.MacDonald was pronounced dead at an area hospital. It is unknown if MacDonald had a weapon when he was shot. Police arrest gunman who shot and wounded officer in Romeoville The officer involved in the shooting has been placed on paid administrative leave.No further details have been provided at this time.

Sky Trek Tower reopening at Six Flags Great America

Published Mon, 11 Nov 2024 03:10:46 GMT

It's one of the first things you see when you get anywhere near Six Flags Great America. Sky Trek Tower stands tall near the entrance of the park. The Intamin Gyro Tower attraction takes guests up 285 feet in the air, slowly rotating and offering incredible views of the park and the entire Lake County area. At a total height of 330 feet, Sky Trek is the tallest free-standing structure in the county. The attraction opened in 1977, just one year after Great America first opened their gates in 1976. For many visitors, Sky Trek became somewhat of a tradition to either kickstart a day at the park and create a game plan of what to do next, or it was their family's final ride after a long day of riding roller coasters. When the COVID-19 pandemic hit and Great America eventually reopened, social distancing rules were still in effect. Unfortunately, the tight quarters inside the Sky Trek ride vehicle meant it couldn't open. It's been sitting empty for the last four years, guests wondering w...

Traveling this summer? Expect big prices and big crowds

Published Mon, 11 Nov 2024 03:10:46 GMT

The unofficial start of the summer travel season is here, with airlines hoping to avoid the chaos of last year and travelers scrounging for ways to save a few bucks on pricey airfares and hotel rooms.Some travelers say they will settle for fewer trips than they hoped to take, or they will drive instead of fly. Others are finding different money-saving sacrifices.Stephanie Hanrahan thought she'd save money by planning ahead for her daughter's birthday trip to Disney World in Florida. Instead, it ended up costing the same as the Dallas-area family's trip for four to California last summer, so now her husband and son are staying home.“We just had to grit our teeth,” said Hanrahan, a writer and speaker who also runs a nonprofit, as she and daughter Campbell waited for their flight last week at Dallas Love Field.The number of people going through U.S. airports hit pandemic-era highs last weekend, and those records are almost certain to be broken over the Memorial Day holiday. Frontier...

Illinois soldier killed in WWII to be buried in Killeen, Texas

Published Mon, 11 Nov 2024 03:10:46 GMT

AUSTIN (KXAN) – The remains of a soldier killed in World War II will arrive at Austin Bergstrom International Airport Thursday evening in preparation for burial in Killeen, according to the Defense POW/MIA Accounting Agency. In November 1944, Army Pvt. Myron E. Williams, 29, of Dixon, Illinois, was assigned to Company L, 3rd Battalion, 12th Infantry Regiment, 4th Infantry Division, according to the DPAA release. Williams' unit was engaged in battle with German forces near Hürtgen, Germany, in the Hürtgen Forest, when he was reported missing in action on Nov. 16. His body was unable to be recovered, and the Germans never reported him as a prisoner of war. The War Department issued a presumptive finding of death for Williams on Nov. 17, 1945.According to the DPAA, Private Williams' remains were found buried in Ardennes American Cemetery in Belgium. They were disinterred in April 2019 and sent to the DPAA laboratory at Offutt Air Force Base, Nebraska, for identification using DNA and d...

George Floyd death anniversary: Reckoning with police violence in limbo

Published Mon, 11 Nov 2024 03:10:46 GMT

The murder of George Floyd at the hands of Minneapolis police, and the fervent protests that erupted around the world in response, looked to many observers like the catalyst needed for a nationwide reckoning on racism in policing.For more than nine minutes, a white officer pressed his knee to the neck of Floyd, a Black man, who gasped, “I can’t breathe,” echoing Eric Garner’s last words in 2014. Video footage of Floyd’s May 25, 2020, murder was so agonizing to watch that demands for change came from across the country.But in the midst of the deadly coronavirus pandemic, economic uncertainty and a divisive U.S. presidential election, 2020 ended without the kind of major police reforms that many hoped, and others feared, would come. Then, 2021 and 2022 also failed to yield much progress.Now, three years to the day since Floyd’s murder, proponents of federal actions — such as banning chokeholds and no-knock warrants, as well as changing the so-called...

5 things to know this Thursday, May 25

Published Mon, 11 Nov 2024 03:10:46 GMT

ALBANY, N.Y. (NEWS10) -- Happy Thursday! Per Meteorologist Jill Szwed, the cooler air mass will hang around for the next 24 hours. Get the latest, news, weather, sports and community events delivered right to your inbox! The suspect accused of shooting and killing a 20-year-old woman when she and her friends accidentally pulled into his driveway returned to court Wednesday and faces additional charges. Meanwhile, a day after a deputy-involved shooting, one of the deputies involved is stable following surgery. These stories, and more, are covered in your five things to know this Thursday morning. 1. Judge again denies bond as Kaylin Gillis murder suspect faces additional chargesThe suspect accused of shooting and killing a young woman when she and her friends accidentally pulled into his driveway returning to court Wednesday and now facing additional charges.2. Sheriff deputy stable after surgeryA day after a deputy involved shooting, the scene is still active at the Foxrun apartme...

Checking out Hudson Bagels

Published Mon, 11 Nov 2024 03:10:46 GMT

HUDSON, N.Y. (NEWS10) - Growing up on the Jersey Shore, bagels were a staple in Johnny Morreale’s diet. When he couldn’t find a good option for a bacon egg and cheese in Hudson, he didn’t to create a place.Hudson Bagels opened their doors a little over a year ago. He says the response from the community has been overwhelming. Exploring Olana State Historic Site Their bagels, range in flavor from egg everything to salt, and come from Kinderhook. According to Johnny, they are made from a 150-year-old recipe that is kettle boiled and baked fresh daily. They make all of their cream cheese flavors in house. Hudson Bagels is located at 93 Ten Broeck Avenue in Hudson. They are open Monday-Saturday from 6 a.m. - 3 p.m. and Sunday from 6 a.m. - 2 p.m.

Bicentennial Park opens Belleville splash pad

Published Mon, 11 Nov 2024 03:10:46 GMT

BELLEVILLE, Ill. - Belleville families can cool off this summer with a new splash pad. It's located on the upper level of Bicentennial Park.It's open from 11:00 a.m. to 1:00 p.m. and 2:00 p.m. to 6:00 p.m. every day. All children under 12 years old must be accompanied by an adult. For sale: Eccentric Fenton home hidden behind quaint exterior Do not bring any glass containers, food, alcohol, or tobacco. There will be no lifeguard or supervisor on duty, and at the first sound of thunder, you must leave the splash pad.