Author: Press Room

An Ontario judge rejected a Hudson’s Bay restructuring agreement Saturday evening, increasing the likelihood that lenders may seek to push the company into receivership. In a written decision issued Saturday, Ontario Superior Court judge Peter Osborne said he declined to approve the agreement because it is “neither necessary nor appropriate at this time.”The agreement wouldn’t have just given the embattled department store an April deadline to rescue its remaining stores but would have also handed increased power over the company’s creditor protection process to the retailer’s senior secured lenders — the Bank of America, Restore Capital and Pathlight Capital.The agreement would have imposed a weekly budget on the business Hudson’s Bay would have regularly…

A strong 7.1 magnitude earthquake has hit near Tonga, and a tsunami warning has been issued for the Pacific island country.The US Geological Survey said the temblor hit about 100 kilometres northeast of the main island in the early morning hours of Monday local time.The Pacific Tsunami Warning Centre issued an alert saying hazardous waves could be possible along coasts located within 300 kilometres of the epicentre.No reports of damage were immediately available.Tonga is a country in Polynesia made up of 171 islands with a population of a little more than 100,000 people, most of whom live on the main…

Note: Map shows the area with a shake intensity of 4 or greater, which U.S.G.S. defines as “light,” though the earthquake may be felt outside the areas shown. The New York Times A major, 7.1-magnitude earthquake struck in the South Pacific Ocean on Sunday, according to the United States Geological Survey. The quake prompted a “Tsunami Threat” from U.S. authorities for shorelines on and near Tonga.Preliminary reports suggested no threat to other Pacific shorelines.The temblor happened at 8:18 a.m. Eastern about 56 miles southeast of Pangai, Tonga, data from the agency shows.As seismologists review available data, they may revise the…

Democratic lawmakers are claiming a D.C. circuit court judge’s ruling blocking the Trump administration’s deportation of suspected Tren de Aragua gang members is a rightful part of “separation of powers.” Republicans, however, say the judge overstepped his bounds and that they are moving to ensure such an occurrence does not happen again.This comes as the Trump administration has faced more than a dozen injunctions from various district court judges across the country on a range of policy decisions. On Wednesday, a federal appellate court declined to issue a stay on a ruling by Obama-appointed D.C. Federal District Judge James Boasberg, who…

The engine shuddered to life around half past noon local time on Sunday, and with a guttural roar, the 92-foot-tall Spectrum rocket lifted slowly away from its launch tower, marking the first liftoff of its kind on the European continent.The rocket, launched by Isar Aerospace from within the Arctic Circle at a spaceport on the icy Norwegian island of Andøya, was the first orbital flight outside of Russia to leave continental Europe. About 30 seconds after the rocket cleared the launchpad, it pitched to the side and plummeted back to earth.But Daniel Metzler, the chief executive of Isar Aerospace, was…

Anthony Albanese has jetted into Perth ahead of his first campaign appearance in WA on the back of a wave of improved polls, showing Labor improving its chances of a second term.As the Prime Minister touched down on Sunday afternoon, a Newspoll from The Australian showed Labor had turned around a slowly sliding voter support, returning its primary vote to 33 per cent — the same level in 2022 when it won power.The Coalition vote slipped to 37 per cent — its lowest for the year — from a high point of 39 per cent.The post-Budget bump lifted Labor to…

SINGAPORE: A man was freed from a collapsed building in Myanmar by Singapore Civil Defence Force (SCDF) personnel and local rescuers on Sunday (Mar 30) morning after an eight-hour operation, following the deadly 7.7-magnitude earthquake on Friday that has killed about 1,700 people. In a Facebook post, SCDF said its Operation Lionheart team began search and rescue operations in the Zebuthiri Township in Naypyidaw at about 1am, and first assessed a disaster site along Aungmyay Theinkha street, where two three-storey residential buildings had collapsed. While rescuers used life detection equipment and two canines to locate potential survivors, no signs of life…

The Argentine star made an immediate mark upon his return to his club side, scoring the game-winning goal.Lionel Messi scored his second goal of the season less than two minutes after he entered the game as a second-half substitute, and Inter Miami held on for a 2-1 victory over the visiting Philadelphia Union. The 37-year-old star had missed Argentina’s World Cup qualifiers in South America during the recent international window after picking up an adductor strain in Miami’s most recent Major League Soccer (MLS) game, a 2-1 win at Atlanta on March 16. Finnish winger Robert Taylor had put Miami…

Proposed cuts to global foreign aid, including slashing programs in the United States, could lead to millions of HIV deaths and soaring rates of infections around the world in the coming years, according to a new study. Published Wednesday in The Lancet HIV journal, the modeling study estimates that by 2030, there could be between 4.4 million to 10.8 million additional new HIV infections in low- and middle-income countries and 770,000 to 2.9 million HIV-related deaths in children and adults. To estimate the impacts, the authors examined 26 countries that used foreign aid for HIV resources, including Albania, Cambodia, Colombia, Côte d’Ivoire,…

Max Scherzer’s Toronto Blue Jays debut ended earlier than many likely expected.The three-time Cy Young Award winner threw 45 pitches before an apparent thumb injury forced him to exit the game after just three innings. The Blue Jays later said Scherzer was dealing with right lat soreness. Toronto Blue Jays pitcher Max Scherzer walks to the dugout after giving up two home runs against the Baltimore Orioles in the first inning at Rogers Centre in Toronto March 29, 2025. (Dan Hamilton/Imagn Images)The eight-time MLB All-Star appeared to be frustrated in the Toronto dugout, presumably after he learned he would not take…