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Asian stocks higher after Wall St rebounds from bank jitters

Published Tue, 25 Feb 2025 02:39:20 GMT

BEIJING (AP) — Asian stock markets rebounded Wednesday after Wall Street stabilized following sharp declines for bank stocks and U.S. inflation eased but stayed high.Shanghai, Tokyo, Hong Kong and Sydney advanced. Oil prices regained some of the previous day’s sharp losses.Wall Street’s benchmark S&P 500 index rose Tuesday as bank stocks recovered some of their losses caused by worries customers might pull out deposits following the collapse of two U.S. lenders. Stocks rose despite inflation data showing prices rose 6% over a year earlier in February, down from the previous month’s 6.4% but still far above the Federal Reserve’s 2% target. Investors had worried the Federal Reserve might respond to enduring upward pressure on prices by speeding up the pace of interest rate increases.“The anchoring of less hawkish expectations provided some catalyst for risk sentiments to recover,” Yeap Jun Rong of IG said in a report. “There were also no new negative headli...

'I've never had to walk the train tracks': Brown Line train evacuated due to power outage

Published Tue, 25 Feb 2025 02:39:20 GMT

CHICAGO — Rush hour commuters on the CTA Brown Line were evacuated at Wells and Wacker due to a power outage on the tracks, city personnel said Tuesday.Officials with Chicago Fire and CTA said power loss to the third rail near Merchandise Mart caused service to be temporarily suspended between Armitage and the Loop.Because of the several hundred on board, emergency crews led passengers off the train down a catwalk to Merchandise Mart station. No injuries were reported.Chara Nease was among the hundreds of evacuees. She told WGN News that the Brown Line is her regular mode of transportation to her evening workout, boarding the train at State and Lake and departing at Ravenswood. Shortly into her ride, she says the train stopped and the power went out."I heard sirens and at first, I didn't piece together that the sirens were for us," Nease said via a video interview. "But then I realized we had an emergency."As passengers sat in the dark, Nease said the delays grew."(Minimal) delays t...

WGN at 75: Harry Caray, in his own words

Published Tue, 25 Feb 2025 02:39:20 GMT

CHICAGO - For a generation of fans who tuned into Channel 9 for games, he was the voice they would hear every day.Always enthusiastic, he called the games with the passion of those who were watching at home.That's what made Harry Caray special, made him a Baseball Hall of Famer, and a favorite to Cubs and White Sox fans even 25 years after his death.As part of WGN's 75 anniversary, we took some time to hear from the legendary broadcaster himself as he talked about his career in baseball.You can see and hear that in the story above.

WGN at 75: John Paxson reflects on his decades with the Bulls

Published Tue, 25 Feb 2025 02:39:20 GMT

CHICAGO - He was there before the dynasty, during it, and then tried to create his own in the front office of the team.Since the mid-1980s, John Paxson has seen it all when it comes to the Chicago Bulls. He was a guard next to Michael Jordan in his formative years in the NBA through his time becoming one of the best to ever play the game. He was a key part of the Bulls' first "Three-Peat" in the early 1990s, was an assistant briefly for Phil Jackson, then became a broadcaster during the final three titles of the 1990s.In 2003, he took over for Hall of Famer Jerry Krause as the Bulls' general manager and remained in a prominent basketball operations role with the team through 2020. Now he's a senior advisor to basketball operations as the team starts a new era under executive vice president Arturas Karnisovas and Marc Eversely. As we celebrate the 75th anniversary of WGN-TV, who better to visit with to talk about the Bulls than Paxson, as he gives us his perspective on a few memorabl...

Teen saved mother's life when she was on 'death's doorstep,' Ohio doctors say

Published Tue, 25 Feb 2025 02:39:20 GMT

NORTH OLMSTED, Ohio (WJW) — Doctors are crediting an Ohio teenager with helping to save his mother's life after she suffered a medical emergency. Kim Morales of North Olmsted has been a fierce protector of her 15-year-old son, and has fought for Jaxon, who has autism, to receive the best of everything, starting with his education. Jaxon told Nexstar's WJW, "I mean, she means everything to me, she's like the whole world to me, I love her very much and I would not want to be away from her ever." Kim Morales is a Type 1 diabetic and, last week, was feeling sluggish and asked her son to get her snacks and juice. A short time later, Jaxon noticed that his mom seemed to be unresponsive. Zebra bites Ohio man’s arm before being put down "I was like, scared, really, I was worried," he said.Jaxon immediately called his father, a truck driver who was on the road at the time, and told him he felt there was something wrong because his mom would not wake up. “He said he kept trying and trying ...

The Skilling Report

Published Tue, 25 Feb 2025 02:39:20 GMT

Wednesday to open sunny...While Wednesday is to open bright and sunny with daybreak cloud coverage minimal—covering perhaps 9% of the sky— an overcast will have assembled by mid-afternoon Wednesday announcing the storm system's approach and drive home Wed evening will take place beneath largely cloudy skies—but WITHOUT PRECIP.Chicago Rainfall ProjectionsAn average of a set of computer forecast model rainfall projections puts likely Chicago rainfall around 0.50"--with rains commencing Thursday afternoon—but clouds on the increase in advance of the storm as early as tomorrow (Wed) afternoon. The ATMOSPHERIC RIVER STORM sweeping California—the 11th such storm since Dec 22—will cross the Rockies, plug into Gulf moisture and bring Thursday afternoon and nighttime rains to Chicago amid strong southerly winds expected to begin boosting city temps tomorrow (Wednesday).Rain and snow showers Friday may give way to sporadic snow flurries Friday night into Saturday in what appears likely to be ...

1 person dead after a vehicle-pedestrian crash in northwest Austin, ATCEMS says

Published Tue, 25 Feb 2025 02:39:20 GMT

AUSTIN (KXAN) -- One person is dead after reports of a vehicle-pedestrian crash in northwest Austin Tuesday, Austin-Travis County EMS said in a tweet.Shortly before 9:30 p.m., ATCEMS medics and the Austin Fire Department responded to the crash at 12300 North Farm-to-Market Road, the tweet said.Medics said CPR was in progress on one adult patient who was later pronounced dead on the scene, according to the tweet.Furthermore, medics said drivers should expect extended road closures around the scene and seek an alternate route, if possible.It was not immediately clear what caused the crash, which remained under investigation Tuesday.

314 Day celebrations take over Ballpark Village 

Published Tue, 25 Feb 2025 02:39:20 GMT

ST. LOUIS - Ballpark Village is filled with St. Louis culture, food, and sports jerseys for Tuesday's 314 Day.The city holiday is a way for the community to come together and celebrate the city's history. For the first time, the official 314 Day celebrations happened at Ballpark Village."It's massive, and we are very proud," said Donielle Elizabeth, a media relations specialist for the event. "We are honored for Ballpark Village to welcome us with open arms." Trending: Daughter roasts Alton dad in sweet and funny obit It was a mostly standing room-only party at the village as at least an expected thousand people filled the venue. There were more than 20 musical acts throughout the night."I like the Dirty Muggs and The Lunatics," said Mike Gerdine. "It brings back a little nostalgia from high school."St. Louis Mayor Tishaura Jones and Rep. Cori Bush were also in attendance."This is our day, this is our holiday," Jones said.Elizabeth said that the event was not just a party but an o...

Ahead of St. Patrick’s Day, iconic Dogtown business announces ownership change

Published Tue, 25 Feb 2025 02:39:20 GMT

ST. LOUIS - Ahead of Friday’s huge St. Patrick’s Day celebration in the Dogtown neighborhood, one business in the area is changing owners. Joe Jovanovich, the owner of The Pat Connolly Tavern, says his family is selling the business.“It wasn’t something we were looking for necessarily, but we were approached with this opportunity," Jovanovich said. "At first, we were like, no way, but then as we thought about it more and opened our minds to what it could look like, we ended up deciding to give it a shot.”According to Jovanovich, some restaurant owners felt reenergized as a result of their businesses surviving the pandemic. While he’s proud Pat’s kept its doors open, the experience took him down a different path. Trending: Daughter roasts Alton dad in sweet and funny obit “Is this really where my heart is? If we’re going to have to sink so much energy into making this work in this post-COVID environment, is that really where my heart of hearts is," Jovanovich said.He said the new o...

Hundreds honor fallen Hermann police officer in candlelight vigil

Published Tue, 25 Feb 2025 02:39:20 GMT

ROSEBUD, Mo. - A fallen Hermann police officer, Detective Sergeant Mason Griffith, is remembered by hundreds in a candlelight vigil Tuesday night in Rosebud.The community of Rosebud packed the red barn event space off Highway 50 at 7 p.m., showing their support for the Griffith family. Among the attendees were members of multiple law enforcement agencies that he was a part of.The vigil started with speakers including the mayor, sheriff, pastor, and a local alderman who was a close friend of Griffith. Each provided comfort with stories of Griffith, where, they said, he showed kindness and compassion for those he served and his community on a regular basis.The vigil closed with candles lit in his honor."I'm feeling this horrible loss, and I think if we come together as a community, there's some comfort in each other in feeling the same loss," said Rosebud Mayor Shannon Grus. "That’s my hope tonight, that we come away stronger as a community and wrapping our arms around Jennifer and he...