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Tupperware stock plunges after warning it could go out of business

Published Mon, 30 Dec 2024 19:56:29 GMT

(CNN) — Tupperware shares fell nearly 50% in midday trading Monday following a bleak warning that its future is looking murky.In a regulatory filing late Friday, the container maker said there’s “substantial doubt about the company’s ability to continue as a going concern,” and that it’s working with financial advisers to find financing to stay afloat.Tupperware said it won’t have enough cash to fund its operations if it doesn’t secure additional money. The company said it is exploring potential layoffs, and it’s reviewing its real estate portfolio for potential money-saving efforts.The New York Stock Exchange also warned that Tupperware’s stock is in danger of being de-listed for not filing a required annual report.“Tupperware has embarked on a journey to turn around our operations and today marks a critical step in addressing our capital and liquidity position,” CEO Miguel Fernandez sa...

At least 1 killed after semi-truck crash in Encinitas

Published Mon, 30 Dec 2024 19:56:29 GMT

ENCINITAS, Calif. — A stretch of lanes on southbound Interstate 5 was closed Monday following a deadly semi-truck crash, officials said.According to the California Highway Patrol Traffic Incident Information Page, the collision happened around 10:45 a.m. on southbound I-5, near Encinitas Boulevard.At least one person was killed in the crash, but officials did not immediately clarify the full extent of injuries and fatalities related to the collision.Shortly after 11 a.m., Caltrans announced that all southbound lanes were closed due to the collision, which involved a semi-truck. Cold temperatures, strong winds in store for San Diego County Around noon, the second lane from the left had been reopened to drivers, according to CaltransAerial footage of the scene captured by SkyFOX showed several vehicles on the side of the freeway, including a semi-truck and a white SUV with heavy damage. According to CHP, at least three vehicles were involved in the crashThe San Diego County Medical...

Alberta Mountie dies from injuries after vehicle hits concrete barrier on way to call

Published Mon, 30 Dec 2024 19:56:29 GMT

SHERWOOD PARK, Alta. — An Alberta RCMP officer who died in crash responding to a call is being remembered as a hard worker with a strong sense of responsibility.Const. Harvinder Dahmi, who was a member of the Strathcona County detachment east of Edmonton, died Monday while driving to help other members with a noise complaint. Deputy Commissioner Curtis Zablocki says the officer’s vehicle hit a large concrete barrier at about 2 a.m. No further details about the crash were provided.Dahmi, 32, was posted to Strathcona County after graduating from the RCMP training academy in 2019, said Zablocki. Everyone called him Harvey.Zablocki said Dahmi took great pride in wearing his RCMP uniform and “we were very proud to have him on our team.”Supt. Dale Kendall said Dahmi never shied away from taking calls and always wanted to learn on the job, no matter the task or risk.“He was one of the most professional people I’ve ever met,” she said.Dahmi also had a great sen...

Review: A book for movie lovers with romance, mystery, drama

Published Mon, 30 Dec 2024 19:56:29 GMT

“Advika and the Hollywood Wives” by Kirthana Ramisetti (Grand Central)Evening. Interior. We open on an Oscars afterparty, where Advika Srinivasan is making drinks for half of Hollywood while barely holding on to a measured, service industry demeanor despite the belligerence and entitlement of the tipsy, trophy-toting guests. But the evening takes a wild turn when a handsome producer takes an interest in Advika, marking a complete shift in the 26-year-old’s life as she falls hard for the Oscar-winning — and much older — Julian Zelding. And, let’s face it, it doesn’t hurt that he has extensive Hollywood connections that might help Advika break into the industry to become a renowned Indian screenwriter. Almost before she knows it, Advika is married to Julian. When Julian’s first ex-wife dies shortly after, her will promises Advika $1 million if she divorces the man. Kirthana Ramisetti’s second novel, “Advika and the Hollywood Wives,” follows Advika as she sleuths to uncover every...

Family of Czech billionaire sues over Alaska crash death

Published Mon, 30 Dec 2024 19:56:29 GMT

ANCHORAGE, Alaska (AP) — The family of a Czech billionaire who died in a heli-skiing crash in Alaska in 2021 says in a lawsuit that he survived the accident but succumbed to his injuries in the hours between the crash and when a rescue was launched.The lawsuit, filed in Alaska state court recently on behalf of the family of Petr Kellner, alleges negligence and seeks punitive and other damages. Kellner, at the time of his death, was the richest man in the Czech Republic. The lawsuit names as defendants Soloy Helicopters; Triumvirate LLC, which owns and operates Tordrillo Mountain Lodge; and Third Edge Alaska LLC, which was doing business as a heli-ski guide service but administratively dissolved last year.Five people died in the crash in the Chugach Mountains 21 miles (34 kilometers) southeast of Palmer in one of the deadliest heli-skiing aviation accidents in North America, the Anchorage Daily News reported. The sole survivor, Czech snowboarder David Horvath, is separately suing the...

Judge seeks to learn whether Trump will go to his rape trial

Published Mon, 30 Dec 2024 19:56:29 GMT

NEW YORK (AP) — A federal judge wants to know if ex-President Donald Trump plans to attend a New York trial this month resulting from a columnist’s claims that he raped her in a department store dressing room in the 1990s.Judge Lewis A. Kaplan issued an order Monday directing parties in the case to notify him by April 20 whether they will be present throughout the trial, scheduled to start April 25 in Manhattan federal court.A writer, E. Jean Carroll, sued Trump in November, saying he raped her in early 1996 after a chance meeting at the Bergdorf Goodman department store. He has repeatedly and emphatically denied it in language sure to be highlighted for a jury that will decide whether the rape occurred and if Trump defamed Carroll with his comments.The rape claims were made immediately after a temporary state law took effect allowing adult rape victims to sue their abusers, even if attacks happened decades ago.Trump’s lawyers did not respond Monday to requests for comment on ...

U.S. ‘allies and partners’ briefed following revelations about intelligence leak: WH

Published Mon, 30 Dec 2024 19:56:29 GMT

WASHINGTON — The White House says it has been in touch with affected allies and partners at “very high levels” following the leak of sensitive U.S. intelligence about Russia’s war with Ukraine. That likely includes Canada: the leaked documents describe claims, which The Canadian Press has not independently verified, by Russian-backed hackers that they successfully accessed the country’s natural gas infrastructure.National Security Council spokesman John Kirby says the leak has been referred for criminal investigation, but can’t say if it has been fully contained. The documents, which appear altered in spots, include sensitive U.S. assessments of the ongoing war in Ukraine — as well as a warning about the risk of a cyberattack north of the border. The report doesn’t name a specific energy company, but says hackers were instructed by a Russian intelligence officer to maintain access to the computer network and “wait for further instruction....

Jury holds key to fate of $1 billion transmission project

Published Mon, 30 Dec 2024 19:56:29 GMT

PORTLAND, Maine (AP) — A battle over a $1 billion transmission line that won all regulatory approvals only to be rebuked by state residents in a referendum now comes down to nine regular folks.In a rare move, a jury is being asked to decide a complicated constitutional matter — whether developers have a vested right to complete the 145-mile (233-kilometer) project, which would supply Canadian hydropower to the New England power grid.The constitutionality of the statewide referendum on the project depends on the jury’s decision on the narrow vested-rights issue. And the case could turn on a simple majority of jurors.“We’re not aware of a similar instance in which the fate of a large energy asset rests in the hands of a jury. This is an unusual circumstance,” Timothy Fox, vice president of Clear View Partners, an energy research firm in Washington, D.C., said before the trial began Monday.The courtroom was packed Monday. Attorneys for groups opposed to the project and the state attorn...

Leaked documents a ‘very serious’ risk to security: Pentagon

Published Mon, 30 Dec 2024 19:56:29 GMT

WASHINGTON (AP) — The online leaks of scores of highly classified documents about the Ukraine war present a “very serious” risk to national security, and senior leaders are quickly taking steps to mitigate the damage, a top Pentagon spokesman said Monday.Chris Meagher, assistant to the secretary of defense for public affairs, told reporters that Defense Secretary Lloyd Austin first became aware on Thursday that a number of classified briefing slides detailing the U.S. military efforts in the Ukraine war and intelligence involving other nations were leaked. In the days since Austin was notified, he has reached out to allies, held daily meetings to assess damage and set up a group not only to assess the scope of the information lost but review who has access to those briefings. The department is looking closely at “how this type of information is distributed and to whom,” Meagher said, but would not say if steps had already been taken to tighten control over who can access it.At...

As content creators await the passing of Bill C-11, some say it’s still too ambiguous

Published Mon, 30 Dec 2024 19:56:29 GMT

OTTAWA — The Liberal government’s online streaming bill is likely weeks away from becoming law as it awaits a final vote in the Senate. But some content creators who will be impacted by the changes say the proposed law is still too ambiguous. Nathan Kennedy, a content creator from Hamilton, has made a career out of teaching people about personal finances online.The online streaming act will require big streaming companies — such as YouTube, Netflix and Spotify — to contribute to and promote Canadian content. Kennedy worries that new discoverability requirements will affect the way he makes money.He says if his videos don’t meet future CanCon standards, they could be de-prioritized by tech companies. This report by The Canadian Press was first published April 10, 2023. The Canadian Press