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Favoring continuity, China reappoints central bank governor

Published Fri, 15 Nov 2024 02:48:34 GMT

BEIJING (AP) — China on Sunday reappointed Yi Gang as head of the central bank in an effort to reassure entrepreneurs and financial markets by showing continuity at the top while other economic officials change.Yi, whose official title is governor of the People’s Bank of China, plays no role in making monetary policy, unlike his counterparts in other major economies. His official duties lie in “implementing monetary policy,” or carrying out decisions made by a policymaking body whose membership is a secret. But the central bank governor acts as spokesperson for monetary policy, is the most prominent Chinese figure in global finance and is in charge of reassuring bankers and investors at a time when China’s economy is emerging from drastically slower growth. At the March 5 opening of the annual session of China’s rubber-stamp parliament, the National People’s Congress, China announced plans for a consumer-led revival of the struggling economy, setting this year’s growth target at “ar...

Columbus rallies to tie Toronto with late goal in TFC home opener

Published Fri, 15 Nov 2024 02:48:34 GMT

Substitute Jimmy Medranda’s 75th-minute goal gave the Columbus Crew a 1-1 draw with Toronto FC in TFC’s home opener Saturday night.Aidan Morris put Medranda in behind the Toronto defence and the Colombian, just two minutes into his Columbus debut, chipped Sean Johnson for the goal only to see the offside flag go up. But referee Ismir Pekmic awarded the goal after reviewing the play on the pitchside monitor.Columbus (1-1-1) had a chance to win it in stoppage time but Cucho Herndandez hit the goalpost and Alexandru Matan sent the rebound just wide.Deandre Kerr had given Toronto the lead in the 25th minute. TFC (0-1-2) was looking for its first win of the Major League Soccer season after opening with a 3-2 loss at D.C. United and 1-1 draw at Atlanta.It was a depleted TFC attack with Italian star Lorenzo Insigne, the league’s highest-paid player, missing a second straight game with a lower body injury. Starting striker Adama Diomande and Ayo Akinola, who replaced him m...

2 more children die after a Montclare house fire at a Chicago firefighter's home

Published Fri, 15 Nov 2024 02:48:34 GMT

CHICAGO — Two more children who were critically injured in a house fire at a firefighter's home in Montclare earlier this week died Friday evening, further echoing the pain and grief being felt throughout the Northwest Chicago neighborhood."It’s very sad," said Perla Martinez, a Montclare resident. "We’ve never had something like this happen before and it just caught us off guard ... It’s really sad."A family member told WGN the two children who died Friday evening were 2-year-old Emery Stewart and 9-year-old Autumn Stewart. Emery and Autumn's mother, Summer Day-Stewart, died from her injuries earlier in the day, while 7-year-old Ezra Stewart died in the fire Tuesday. Family tells WGN that Summer's memory will live on through organ donation, while the Chicago firefighter community comes together to help pay for the family's funerals. Memorial services begin Wednesday for fallen Chicago officer "I hope they are okay in this time of their loss," Martinez said. "And we're always here...

Archdiocese asks South Side pastor to step aside amid decades-old sexual abuse claims

Published Fri, 15 Nov 2024 02:48:34 GMT

CHICAGO — Cardinal Blase Cupich asked a pastor at a South Side church to step aside and live away from his ministry after the Archdiocese of Chicago received an allegation of child sexual abuse from decades ago.According to a letter penned by Cupich, Most Holy Redeemer Parish associate pastor, Father Paul Guzman, was overseas on military duty when the archdiocese received the allegation, which stems from approximately 40 years ago when Guzman was a layman and 25 years before he entered Mundelein Seminary to prepare for priesthood.Cupich said that in keeping with the Archdiocese's child protection policies, he asked Guzman to step away from the ministry immediately upon his return from military duty and he agreed to cooperate with the church's direction.The allegation was also reported to the Illinois Department of Children and Family Services and the Cook County State's Attorney's Office. Toward the end of the letter, Cupich said that the Archdiocese's Office for the Protection of C...

1 dead, 5 injured in crash near Elgin

Published Fri, 15 Nov 2024 02:48:34 GMT

TRAVIS COUNTY, Texas (KXAN) — One person was pronounced dead Saturday night after a crash on County Line Road, according to a tweet from Austin-Travis County EMS.The crash occurred around 8:45 p.m. The deceased and one other person were pinned in a vehicle prior to the arrival of first responders. The extricated survivor and four other people were injured in the crash.ATCEMS, Elgin Fire and STAR Flight responded to the scene.This is a developing story. KXAN will provide updates as more information becomes available.

In snow, Loons slip up and settle for 1-1 draw with Red Bulls

Published Fri, 15 Nov 2024 02:48:34 GMT

Minnesota United’s second Snow Opener went only slightly better than indelible first one in 2017.The club’s inaugural MLS home game seven years ago is seared in supporters’ memories for the snow globe scene at TCF Bank Stadium. But that match also scarred with the 6-1 loss to expansion cousin Atlanta United.In Saturday’s home opener, the Loons gave up a first-half lead and settled for a 1-1 draw with New York Red Bulls at Allianz Field.It’s not just the 2017 home opener that went awry. Nearly every home opener has gone poorly for Minnesota as they fell to 1-3-3 before Saturday. The Loons’ only win come in 2018.Loons manager Adrian Heath had gathered his players after Friday’s training session for a quick message. Minnesota started strong with a 1-0 win over FC Dallas on Feb 25 and then had a bye in Week 2. “We had a good start last week, don’t ruin it,” Heath relayed.But Minnesota (1-0-1) let two points slip away on a snowy surface against New York (0-1-2). The sounds of Bob Marley ...

Kiszla: Prep legends Rudy Carey and Dick Katte proof basketball wisdom never grows old

Published Fri, 15 Nov 2024 02:48:34 GMT

The two philosopher kings of Colorado prep hoops, with 17 state championships and nearly 1,800 victories between them, crossed paths in a quiet corner of the Denver Coliseum, far from view of an amped-up crowd buzzing in anticipation of the biggest game of the season.Denver East coach Rudy Carey clasped his hands, bent at the waist like a samurai and respectfully bowed his head toward the heart of Denver Christian legend Dick Katte.Sixty minutes prior to tipoff of the Class 6A championship game between East and Fossil Ridge on Saturday, Katte told Carey: “Go do good, young man.”Then with the calm of a basketball Yoda, Katte reassured Carey: “I know you will do well.”Led by the gravity-defying drives of D’Aundre Samuels and the pure-as-falling-snow jump shot of Jack Greenwood, East then went out and ran a very good Fossil Ridge team into the ground, winning 82-61.Well, could you kindly give me a rewrite of the Colorado prep history book?While eavesdropping on the conversation between...

Millbrae: 3 arrested for breaking into 48 cars

Published Fri, 15 Nov 2024 02:48:34 GMT

MILLBRAE — Three suspects — including one minor — were arrested Saturday for breaking into 48 cars earlier that day, authorities said.At 10:27 a.m., the San Mateo County Sheriff’s Office got an alert from the Automated License Plate Reader system that a stolen red Hyundai was spotted going eastbound near the Millbrae Avenue and US 101 intersection in Millbrae.Deputies responded and while driving through the Westin Hotel parking lot they heard a car alarm going off and discovered the car’s window had been broken.Soon after, a witness reported that the Hyundai had crashed into a home at Helen and Tioga drives and three males got out of the vehicle, ran away and jumped over some fences. The witness then saw them enter the Green Hills Country Club.Sheriff’s deputies, along with the San Bruno Police Department, arrested the three suspects.Sgt. Javier Acosta told the Mercury News that authorities have evidence connecting the three individuals with 48 ca...

Driver, passenger arrested after chase leads CHP from Contra Costa County into Oakland

Published Fri, 15 Nov 2024 02:48:34 GMT

CONTRA COSTA COUNTY, Calif. (KRON) -- Two people were arrested after an overnight chase Saturday led authorities from Contra Costa County to Oakland, California Highway Patrol (CHP) announced in a Facebook post. The chase, which included CHP vehicles and an airplane, happened around 2 a.m. after officers located a stolen car driving on I-80. Want to own a piece of the Golden Gate Bridge? Here’s how much it is selling for The CHP aircraft followed the suspect vehicle until the driver parked in Oakland. Officers on the ground went to the suspect's location where the driver was arrested after a foot chase, according to the post. CHP officers on the ground then searched for the passenger of the suspect vehicle. After a brief foot chase, the passenger was arrested, authorities said.Video from the chase (above) shows the CHP aircraft following the suspect vehicle. Around the video's 1:59 mark, you can see the suspect vehicle driving until stopping at an Oakland road.KRON On is streaming...

Bruins fastest ever to 50 wins, clinch playoff berth

Published Fri, 15 Nov 2024 02:48:34 GMT

BOSTON (AP) — The Boston Bruins’ T-shirt factory is struggling to keep up with all the milestones the team is cruising past on its way to the Presidents’ Trophy.“Fifty wins, it’s amazing,” said forward A.J. Greer, who was wearing a shirt commemorating Patrice Bergeron’s 1,000th NHL point while discussing Boston’s 50th win of the season, a 3-2 victory over Detroit on Saturday.The Bruins became the first team to clinch a playoff berth this season, earning their spot when the Capitals beat the Islanders 5-1 on Saturday night. Boston’s win also made it the fastest team to 50 wins in NHL history. “I love playing for this team,” Greer said after assisting on Garnet Hathaway’s game-winner with six minutes left. “I love wearing the Bruins logo and especially with the results, it’s been an amazing journey so far. But we’re not really focused on anything right now besides playing the right way for 60 minutes every night.”Hathaway gathered in a rebound...