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National Bank Q3 profit edges higher, provision for credit losses also up

Published Sun, 23 Feb 2025 02:32:48 GMT

MONTREAL — National Bank of Canada reported its third-quarter profit edged higher compared with a year ago even as the money it set aside for bad loans in the quarter also rose.The Montreal-based bank says it earned $839 million or $2.36 per diluted share for the quarter ended July 31, up from $826 million or $2.35 in the third quarter of 2022. Revenue for the quarter totalled $2.52 billion, up from $2.41 billion in the same quarter last year.National Bank’s provision for credit losses amounted to $111 million for the quarter, up from $57 million a year earlier.On an adjusted basis, National Bank says it earned $2.21 per diluted share, down from $2.35 per diluted share in the same quarter last year.Analysts on average had expected an adjusted profit of $2.38 per share, according to estimates compiled by financial markets data firm Refinitiv.This report by The Canadian Press was first published Aug. 30, 2023.Companies in this story: (TSX:NA)The Canadian Press

Edmunds: Best used electric vehicles under $25,000

Published Sun, 23 Feb 2025 02:32:48 GMT

Pricing for new electric vehicles can be daunting for many shoppers. But more and more EVs are becoming available on the used vehicle market, and that’s creating greater opportunities for buying a lower-priced used EV. There’s also a further incentive to purchase a used EV that costs less than $25,000 thanks to an available federal tax credit of up to $4,000.To qualify for the federal tax credit, the EV you’re interested in must meet these criteria: 1) It must be purchased from a licensed dealership; 2) the sale price must be $25,000 or less; and 3) it must be at least two model years old from the current year. The credit is calculated at 30% of the sale price and caps out at $4,000. To be clear, this isn’t a discount on the price, it’s a nonrefundable tax credit that can only be used if you owe federal taxes the year the EV is purchased.To help you decide what options you have for a used EV, the car experts at Edmunds highlighted their top five picks for a used EV that can be purch...

How to avoid the No. 1 text message scam putting your money at risk

Published Sun, 23 Feb 2025 02:32:48 GMT

The Federal Trade Commission recently revealed the most reported text message scam: bank impersonations.Reports of bank impersonations by text in 2022 jumped to 20 times the number reported in 2019. According to the FTC, consumers reported a loss of more than $330 million to text message scams in 2022. And cash that’s lost because of bank fraud or scams isn’t covered by the Federal Deposit Insurance Corp. or National Credit Union Administration.Banks are a safe place to keep your money, but there are still a few basic but important precautions you can take to ensure you don’t fall for a bank-impersonation text scam. Here’s how to protect your money from text message scams impersonating your financial institution.DON’T MAKE MONEY MOVES UNDER PRESSUREText message scammers will try to make you feel like action is required immediately — at the risk of losing your money. It may come as an urgent message warning you to call or click on a link because of alleged suspicious activity.“Any ty...

SKY STRIKER: Midwest’s tallest pendulum thrill ride coming to Six Flags Great America in 2024

Published Sun, 23 Feb 2025 02:32:48 GMT

After weeks of teases, Six Flags Great America has announced its first new major thrill attraction in five years. Sky Striker is a 172-foot pendulum ride that has riders sitting in a circle on a spinning disc. The ride will swing back and forth while reaching speeds up to 75mph. While it won’t go completely over the top, it will get close enough to make riders feel as if they are upside down, with plenty of moments of weightlessness. As hinted at in the Great America teaser campaign, Sky Striker will take the place of the former Dare Devil Dive attraction, which is located in the County Fair section near the back of the park. County Fair has another pendulum swing ride called Revolution that is much smaller. Great America could not confirm if Revolution will be removed from the park, be relocated elsewhere or stay where it is. The new Sky Striker is a Giga Discovery ride made by the manufacturer Zamperla. A few other Six Flags parks have versions of this ride, includi...

Turbulence during Delta flight bound for Atlanta sends 11 to hospital

Published Sun, 23 Feb 2025 02:32:48 GMT

ATLANTA (AP) — Eleven people on a Delta Air Lines flight were taken to the hospital on Tuesday after the plane hit turbulence while heading to Atlanta, officials said.Flight 175 had left Milan, Italy, and was about 40 miles (64 kilometers) northeast of Hartsfield-Jackson Atlanta International Airport when the crew reported severe turbulence, according to the Federal Aviation Administration, which said it would investigate.The Airbus A350 landed safely at the airport shortly before 7 p.m. Delta settlement offers refunds to some passengers over COVID cancelations: Do you qualify? Eleven passengers and crew members were taken to the hospital, Delta said. It didn't provide details on their injuries or conditions.The plane was carrying 151 passengers, 10 flight attendants and four pilots, Delta said.“Delta Care Team members are mobilizing to connect with customers,” Delta said in a statement. “Our priority is taking care of our customers and crew who sustained injuries.”The airline sai...

Did you know each full moon has its own name? Here's why

Published Sun, 23 Feb 2025 02:32:48 GMT

AUSTIN (KXAN) -- There is a full moon each month, but did you know each full moon has its own name?According to the Farmer's Almanac, names for the moons were historically used to track the seasons. Now, their names are thought of as "nicknames." Most moons also have more than one name. Best places to view the supermoon around Austin Many of the names stem from Native American, Colonial American or other traditional North American sources passed down through generations. Many of the names listed in the Farmer's Almanac are English interpretations of the words used in Native American languages.Below is each month's moon name, and the meaning behind it, per the Farmer's Almanac. January - Full Wolf MoonThis moon is named after the fact that the howling of wolves was often heard at this time of year. According to the Almanac, many sources state that wolves howled due to hunger, but they actually howl to define territory, locate pack members, reinforce social bonds, and gather for hu...

Idalia a high-end Category 3 hurricane, landfall imminent

Published Sun, 23 Feb 2025 02:32:48 GMT

AUSTIN (KXAN) -- We are enjoying a break from the recent extreme heat and humidity in the wake of Sunday evening's cool front.Breezy north winds are keeping humidity at lower, more comfortable levels through much of the week, and also helping lower temperatures back to more typical levels for late August.Dry weather is forecast through the rest of the work week locally. The Texas football home opener looks hot and dry, as do the remainder of your Labor Day weekend plans. BLOG: Could PDO mess with our wet El Niño? Tracking the TropicsHurricane Idalia rapidly intensified to a Category 4 storm early this morning, now a Category 3 storm, expected to make landfall along the Big Bend of Florida this morning. This is expected to be the strongest hurricane on record to hit the Apalachee Bay area, and could bury portions of the Florida coastline in 10-16 feet of water from ocean level rise. Texas will remain unaffected by Idalia. Austin Interactive Weather Stats (2023) FIRST WARNING WEAT...

Cairo-Durham CSD middle and high schools eliminating recess for study hall

Published Sun, 23 Feb 2025 02:32:48 GMT

GREENE COUNTY, N.Y. (NEWS10) -- According to Superintendent Michael Wetherbee, the Cairo-Durham Central School District middle and high schools will eliminate recess for the 2023-24 school year and shorten lunch times by one minute. The decision comes following deliberation from school staff, both at the middle and high schools at the District level. Get the latest news, weather, sports and more delivered right to your inbox! Wetherbee explained to NEWS10 that all decision-makers felt the time used for recessed could be better utilized as a study hall to increase productivity, help students access teachers more easily, and maximize the use of their time in school. The district will also focus on implementing a distraction-free learning experience and believes this change will aid in that goal. Previously, the district utilized the 42-minute "block" with 21 minutes for lunch and 21 minutes of recess. All students in grades six-12 are required to participate in Physical Education t...

Warren County Forest Ranger reflects on Montana wildfire

Published Sun, 23 Feb 2025 02:32:48 GMT

ALBANY, N.Y. (NEWS10) -- Chuck Kabrehl, a Forest Ranger based in Warren County, recently served as a task force leader in Lake County, Montana, where he supervised a crew of wildland firefighters from across the country. He embarked on a two-week assignment at the Big Knife fire in Montana, departing on August 4. Get the latest news, weather, sports and more delivered right to your inbox! "It's really great to just be a part of something like that," said Kabrehl, "This is the kind of work, kind of like a search or a rescue, where you know you're making a difference. You're having an impact [on] people's lives." Kabrehl continued, "[There] was a whole valley of homes in that area that I'm confident we had an impact in saving those places." Lead found in more water samples in Troy Kabrehl went into detail on the resources used to combat the fires, how close his camp was to the fire, fire fighting strategies used, and more. According to the Department of Environmental Conservatio...

98.3 TRY Social Dilemma: Is using coupons embarrassing?

Published Sun, 23 Feb 2025 02:32:48 GMT

ALBANY, N.Y. (NEWS10) -- Today's 98.3 TRY Social Dilemma came from Dan and it's about coupons. Here's his email: Get the latest news, weather, sports and more delivered right to your inbox! Hi Jaime. Here's your dilemma. My wife and I keep arguing over the fact that I don’t like to use coupons when I shop. I don’t know why I don’t like to use coupons but they make me feel weird. She on the other hand uses any coupon she can get her hands on. My car is filled with grocery store coupons and Kohl’s cash. So now when she sends me there to pick us stuff for her, she expects me to use the coupons, but I usually don’t and tell her I did. Now she’s checking the receipts to make sure I used the coupons and we're getting into a lot of fights about it. She thinks I need therapy for my quote “coupon phobia” but I don’t think it’s that strange to not want to use coupons. So, I want to know if there are any other listeners out there who don’t like to use coupons and refuse to do so like me? Tha...