Skip to main content

Featured

Scorch and Surge: Ontario Faces Sweltering Heat and Successive Storm Threats

Ontario is bracing for a stretch of intense weather as Environment Canada issues heat warnings across multiple regions, paired with a forecast of multi-day storm risks. Temperatures are expected to soar past 30°C, with humidex values pushing conditions into the high 30s and low 40s. The sweltering heat poses increased risks to vulnerable populations, including seniors, young children, and those with pre-existing health conditions. Meteorologists warn that the heat won’t come alone. A line of unstable air sweeping across southern and central Ontario is expected to fuel daily thunderstorms through the weekend and into next week. These storms could bring heavy downpours, damaging winds, and isolated hail, further complicating the forecast. Officials are urging residents to take precautions: stay hydrated, limit outdoor activity during peak hours, and check in on neighbours who may be at risk. Pet owners are also reminded to avoid walking animals during the hottest parts of the day. The co...

article

Wall Street Inches Higher, US Steel Gets $14 Billion Buyout Offer from Nippon

 

Wall Street opened higher on Monday, with the Dow Jones Industrial Average up 0.2% and the S&P 500 up 0.1% in early trading. The Nasdaq Composite was up 0.1%. Investors are watching the Bank of Japan’s two-day meeting for hints of a change to the central bank’s longstanding near-zero interest rate policy. 

Meanwhile, US Steel has received a $14 billion buyout offer from Nippon Steel, which would make it the largest acquisition in the steel industry’s history. The deal is expected to close in the first quarter of 2024.


Comments