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Companies grew more confident about initial public offerings in 2023, raising recovery hopes

Published Sat, 22 Feb 2025 13:50:57 GMT

NEW YORK (AP) — The signs of life shown by the IPO market, especially in the second half of the year, are giving analysts hope that more companies will be enticed to go public in 2024. Overall, 108 initial public offerings raised proceeds of about $19.4 billion in 2023, according to Renaissance Capital. That’s up from a dismal 71 IPOs for proceeds of $7.7 billion in 2022, when high inflation and rising interest rates discouraged companies from hitting the market. This year’s big IPOs included healthcare products company Kenvue in May, U.K. chip designer Arm Holdings in September and footwear company Birkenstock in October. They accounted for over half of the total IPO proceeds, according to Renaissance Capital. Instacart also had a splashy IPO in late summer.A post-pandemic surge for IPOs was stifled by the highest inflation in four decades in 2022, raising concerns about the economy buckling under the pressure. The Federal Reserve then embarked on a historic round of rate hikes to ...

Pierce Brosnan is in hot water, accused of trespassing in a Yellowstone thermal area

Published Sat, 22 Feb 2025 13:50:57 GMT

CHEYENNE, Wyo. (AP) — Pierce Brosnan, whose fictitious movie character James Bond has been in hot water plenty of times, is now facing heat in real life, charged with stepping out of bounds in a thermal area during a recent visit to Yellowstone National Park. Brosnan walked in an off-limits area at Mammoth Terraces, in the northern part of Yellowstone near the Wyoming-Montana line, on Nov. 1, according to two federal citations issued Tuesday.Brosnan, 70, is scheduled for a mandatory court appearance on Jan. 23 in the courtroom of the world’s oldest national park. The Associated Press sent a request for comment to his Instagram account Thursday.Yellowstone officials declined to comment. Brosnan was in the park on a personal visit and not for film work, the U.S. Attorney’s Office for Wyoming said.Mammoth Terraces is a scenic spot of mineral-encrusted hot springs bubbling from a hillside. They’re just some of the park’s hundreds of thermal features, which range from s...

At least 4 injured in multi-vehicle crash in Brampton

Published Sat, 22 Feb 2025 13:50:57 GMT

At least four people have been taken to hospital after a multiple vehicle crash in Brampton.Peel police were called to Queen Street East and Goreway Drive on Thursday morning around 11 a.m. One male was transported to hospital with critical injuries while three others suffered non-life-threatening injuries and have been taken to hospital. It’s unknown whether anyone else was injured in the collision.Police say they don’t know if all the vehicles involved remained on the scene and no cause has been determined.The intersection is currently closed as police investigate.

'Didn’t deserve that': Daughter speaks out after video released of 3 wanted in Chatham security guard's killing

Published Sat, 22 Feb 2025 13:50:57 GMT

CHICAGO — Surveillance video has been released by Chicago police of three suspects wanted in the slaying of a security guard outside of a Chatham store last week.On the afternoon of Dec. 20 at around 1 p.m., officers responded to DTLR, located in the 700 block of East 87th Street, on the report of a shooting.Edward "Fontaine" Creamer, 53, of Calumet City, who was working as a security guard for the store at the time, was involved in an altercation with two males and a female.CPD said one of the suspects shot Creamer three times. He later died at the University of Chicago Medical Center. WGN News spoke with his daughter, Ashley, Thursday who said Creamer was a beloved father of seven and grandfather of five."That’s somebody’s father, that’s somebody’s granddad, that’s somebody’s brother, that’s somebody’s child," she said. "Nobody deserves to die like that."Creamer and his daughter Ashley Previous: Security guard fatally shot in Chatham ID’d Surveillance footage below, released by ...

Mayor Johnson announces 2 more appointments to key city leadership positions

Published Sat, 22 Feb 2025 13:50:57 GMT

CHICAGO — Mayor Brandon Johnson has appointed two more to key city leadership positions.In a news release, the mayor announced Thursday the appointment of Lissette Castañeda to serve as the city's Department of Housing (DOH) commissioner and Jose Tirado to serve as the executive director of the city's Office of Emergency Management and Communications (OEMC).Thursday's announcement comes on the heels of Mayor Johnson's announcement last week of three city department commissioner appointments.Here is more on Thursday's two new appointments:Lissette Castañeda Castañeda comes to the role of DOH commissioner with two decades of experience in affordable housing development, housing services and organizational leadership. According to a news release from the Mayor's Office, Castañeda will be tasked with streamlining the affordable housing development process, in accordance with the mayor's recent executive order, and expanding homeownership to Chicagoans in "historically dis...

Hypochondriacs at risk for early death — and more

Published Sat, 22 Feb 2025 13:50:57 GMT

For Thursday, Dec. 28, WGN’s Dina Bair has new medical information, including: More Coverage: WGN's Medical Watch Study: Care riskier for patients of hospitals owned by private equityHospitals owned by private equity firms make health care more hazardous for patients. According to a new study published in the Journal of the American Medical Association, more adverse events were reported at hospitals after private equity firms purchased them. Researchers compared the results to hospitals not owned by private equity. Firms have been buying into the US healthcare system.  Acquisitions include nursing homes, behavioral health systems, and private physician offices.  Further research shows higher death rates at nursing homes and more costs to taxpayers when private investment is involved. Hypochondriacs at risk for early deathPeople who are paranoid about being or becoming sick are at higher risk of dying of a severe illness. Those with anxiety disorder are diagnosed as ...

Cher files for conservatorship of her youngest child Elijah Blue Allman 

Published Sat, 22 Feb 2025 13:50:57 GMT

(The Hill) — Famed singer and actress Cher has filed for a conservatorship of her son, Elijah Blue Allman, citing his alleged substance abuse and mental health struggles as grounds for assuming control of his estate. According to court documents obtained by media outlets including People, Page Six, and USAToday, the “Goddess of Pop” claims that Allman, her youngest child, is "substantially unable to manage his financial resources," adding that a conservator is "urgently needed ... to protect Elijah’s property from loss or injury.”Cher argues in the documents that she should act as sole conservator, claiming that it would not be in her son’s best interests for his estranged wife, Marieangela King, to take on the role. The filing, first reported by The Blast, states that King and Allman, who entered divorce proceedings in 2021, had a “tumultuous relationship” marked by a “cycle of drug addiction and mental health crises.”According to USA Today, the singer’s attorneys claim that if Kin...

'Very sweet ending': Gypsy Rose Blanchard's attorney speaks after her release from prison

Published Sat, 22 Feb 2025 13:50:57 GMT

SPRINGFIELD, Mo. (KOLR) — "It's a very sweet ending to a very long story," attorney Mike Stanfield told Nexstar's KOLR while discussing the release of his client, Gypsy Rose Blanchard. In 2016, Blanchard was sentenced to 10 years in prison for her role in the stabbing death of her mother Clauddine "Dee Dee" Blanchard. The now 32-year-old pled guilty to second-degree murder, and her ex-boyfriend, Nicholas Godejohn, is serving a life sentence for fatally stabbing Dee Dee.In June 2015, when Gypsy was 23, she arranged for Godejohn, whom she met on a Christian dating site, to travel to Springfield, Missouri, to kill her mother, according to prosecutors.Gypsy was released from the Chillicothe Correctional Center at 3:30 a.m. CT on Thursday, Dec. 28 after serving 85% of her 10-year prison sentence.Stanfield, who has been working on Gypsy's case from the beginning, will be heading to Chillicothe, Missouri, to meet with Gypsy and her family following her release."It's one of the most difficu...

Some KXAN investigations that led to meaningful change in 2023

Published Sat, 22 Feb 2025 13:50:57 GMT

AUSTIN (KXAN) – KXAN investigators spent 2023 working hard on projects that stemmed from viewers’ questions and concerns. Many of those projects resulted in change in Austin and the state. From multi-faceted all-hands-on-deck projects like KXAN’s deep dive into TX tag troubles to smaller-in-scale investigations that led to a woman at the center of an Austin Police Department civil rights investigation getting added to a missing persons list and eventually found, here are some of the investigations that had an impact this year.  EXPLORE: Read all of KXAN's investigations TxTag Troubles Auto-payment issues, double billing and incorrect statements were all complaints KXAN received – by the hundreds – from Texas Department of Transportation toll road and TxTag users. In the TxTag Troubles investigative effort, KXAN allocated more than two dozen journalists to hold TxDOT officials accountable, fight for public records, catalog hundreds of ...

Sunny skies, followed by a chance of light snow, predicted this holiday weekend

Published Sat, 22 Feb 2025 13:50:57 GMT

Two white-tail bucks, recently spotted at Fort Snelling State Park, should be able to enjoy the sunshine that the Twin Cities office of the National Weather Service predicts will return on Friday. The projected high is 41.As highs dip into the 30s on Saturday, there’s a chance for light snow, the NWS reports: “Minor snow accumulations may result in slick travel Saturday night into Sunday morning,” the NWS said in a forecast on X, formerly Twitter.On Sunday, New Year’s Eve, highs are expected to hover in the low 30s. On Monday, New Year’s Day, expect sunshine and patchy clouds, with a predicted high of 34.Related ArticlesLocal News | A cougar caught on video roaming through a Minneapolis backyard is likely dead Local News | Cathedral Christmas Festival among holiday events in the Twin Cities this year Local News | US proposes plan to help the snow-dependent Canada lynx before warming shrinks its habitat Loc...