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‘Essentially gifting the land’: Economists pan land deal with Orioles; state says it will ‘reinvigorate’ Camden Yards

Published Sat, 28 Dec 2024 04:26:04 GMT

In its memorandum of understanding with the Orioles, the state of Maryland has set itself up to receive less revenue from state-owned land near Camden Yards — handing potentially lucrative profits to the team.Revenue that could reach millions of dollars annually from the development of land and real estate, including the Camden Yards warehouse, would flow to the ballclub. It would come on top of at least $600 million in public money for Oriole Park improvements already approved by the General Assembly, and would be in addition to a further state fund proposed in the memorandum.“That’s a lot of money,” Kennesaw State University economist J.C. Bradbury said, “and it’s unlikely to pay off to the public.”In the memorandum announced Sept. 28, the state agreed to lease to the Orioles land near the ballpark for 99 years for annual rent totaling $94 million. But the sticker price is less valuable than it might appear when factors like inflation over...

Mike Preston: Ravens can prove they’ve turned a corner with another dominant win vs. Cardinals | COMMENTARY

Published Sat, 28 Dec 2024 04:26:04 GMT

Ravens coach John Harbaugh generally doesn’t like overarching themes or big-picture evaluations, but he has used one this week.The Ravens appear to have gotten the message, even though the answer won’t come until Sunday when they travel to play the Arizona Cardinals.The Cardinals (1-6) are in the mix for the No. 1 overall draft pick in April while consistency is the theme for the Ravens (5-2) coming off a 38-6 win against the highly regarded Detroit Lions last weekend.“I believe we’re going in the right direction right now, if anything,” quarterback Lamar Jackson said. “We just need to keep going. Like I said, keep being consistent.”That hasn’t been the case in recent years, and certainly not in 2023. The Ravens beat the Cincinnati Bengals, 27-24, on Sept. 17 and lost a week later, 22-19, in overtime to the struggling Indianapolis Colts.They beat up the Cleveland Browns, 28-3, then lost seven days later to the Pittsburgh Steelers, 17-1...

Police settling into massive manhunt, evidence gathering operations with Mainers still under lockdown

Published Sat, 28 Dec 2024 04:26:04 GMT

LEWISTON, Maine — Thousands of Mainers were still under lockdown orders Friday as law enforcement entered their second full day searching for a 40-year-old man suspected of committing a pair of mass shootings here.As people kept to their homes, investigators and search teams made clear early in the day that they were settling into an expansive evidence gathering and manhunt operation that included hundreds of law enforcement personnel from across the country.Authorities have issued an arrest warrant for eight counts of murder for Robert Card, the man they said allegedly entered Sparetime Recreation and Schemengees Bar and Grille Restaurant Wednesday and killed 18 people and injured 13 others.Maine Public Safety Department Commissioner Michael Sauschuck said investigators have already received 530 tips and leads and planned Friday to have a team of divers search the Androscoggin River near a boat launch where a vehicle associated with Card was found.“We’re going to be all over the pl...

VIDEO: Abandoned boat washes up on Torrey Pines State Beach

Published Sat, 28 Dec 2024 04:26:04 GMT

SAN DIEGO — An abandoned boat was seen drifting ashore on Torrey Pines State Beach Friday morning.The empty vessel was floating just north of the south parking lot shortly before 7 a.m., FOX 5 confirmed at the scene. A video can be viewed at the top of this article.The San Diego Police Department said life jackets were found near the boat, however, no people were discovered. SDPD also said U.S. Border Patrol has been advised and is investigating the incident. Surfers find body floating near La Jolla Shores Beach; man identified An abandoned boat was seen drifting ashore on Torrey Pines State Beach Friday, Oct. 27, 2023.(KSWB)FOX 5 has reached out to U.S. Customs and Border Protection for comment on the matter. No further information is available at this time. Please check back for updates.

Imperial Oil earns $1.6 billion in third quarter of 2023

Published Sat, 28 Dec 2024 04:26:04 GMT

CALGARY — Imperial Oil Ltd. says it earned $1.6 billion in the third quarter of 2023, down from $2.0 billion in the prior year’s quarter.The Calgary-based oil company says its profit worked out to $2.76 per share, compared with $3.24 per share in the same three-month period of 2022.Imperial reported upstream production in the third quarter of 423,000 gross oil-equivalent barrels per day on average. The company’s Kearl oilsands site reported its highest-ever quarterly production at 295,000 total gross oil-equivalent barrels per day.Refinery throughput in the quarter averaged 416,000 barrels per day with refinery capacity utilization of 96 per cent.Imperial says its quarterly cash flow from operating activities was $2.4 billion.This report by The Canadian Press was first published Oct. 27, 2023.Companies in this story: (TSX:IMO)The Canadian Press

2024 GOP hopefuls will defend Israel, seek donors at big Republican Jewish Coalition gathering

Published Sat, 28 Dec 2024 04:26:04 GMT

LAS VEGAS (AP) — The GOP presidential candidates will compete for donors and offer their strong support for Israel in its war with Hamas as they address the annual gathering of a major Republican Jewish group this weekend.The Republican Jewish Coalition’s gathering in Las Vegas has for years been a key stop for GOP candidates as they seek not only to court Jewish voters but also to present themselves as stalwart allies of Israel, a key priority for many in the party’s base, particularly Christian evangelicals. This year’s summit, underway Friday, comes with Israel in crisis after the Oct. 7 attack from Gaza by Hamas. The conflict has threatened to spread across the region and has roiled tensions over the war in the U.S., particularly on college campuses. In the wake of the attack, the Republican National Committee announced that the Republican Jewish Coalition will be co-sponsoring the third GOP presidential debate, scheduled for Nov. 8 in Miami.For Republican White House hopefuls, ...

Coast Guard ends search for 3 Georgia fishermen missing at sea for nearly 2 weeks

Published Sat, 28 Dec 2024 04:26:04 GMT

BRUNSWICK, Ga. (AP) — Families of three fishermen still missing at sea since their boat departed the Georgia coast nearly two weeks ago say they are not giving up hope, even as the U.S. Coast Guard ended its search after scouring ocean waters from northern Florida to Virginia.The Coast Guard announced it was suspending search efforts Thursday night after boats and planes wrapped up a seventh day of looking with no sign of the commercial fishing vessel. It said crews had searched a total of 94,000 square miles (243,459 square kilometers).“Despite the unwavering dedication of our crews, regrettably, we have not been able to uncover any traces of the vessel and have made the difficult decision to suspend the search for three beloved family members,” Capt. Frank DelRosso, commander of the Coast Guard sector based in Charleston, South Carolina, said in a statement.The 31-foot (9.4-meter) fishing boat Carol Ann departed the port city of Brunswick on Oct. 14 with its captain, Dalton Conway...

FTX founder Sam Bankman-Fried testifies at his fraud trial

Published Sat, 28 Dec 2024 04:26:04 GMT

NEW YORK (AP) — FTX founder Sam Bankman-Fried began testifying at his fraud trial on Friday, saying the innovative business he hoped would move the cryptocurrency ecosystem forward ended up doing the opposite and hurting customers.The onetime cryptocurrency golden boy lost his businesses and his reputation as a pioneering entrepreneur in an emerging facet of finance when a rush of customers withdrew their money last year, exposing that billions of dollars were missing.Bankman-Fried, 31, acknowledged some of his failures early in his testimony, saying he made mistakes, large and small.“We thought we might be able to build the best product on the market,” he said.The goal was to move the cryptocurrency ecosystem forward, he added.“It turned out basically the opposite of that,” and a lot of customers and others got hurt, Bankman-Fried said. Asked by his lawyer, Mark Cohen, if he defrauded anyone or took customers’ funds, Bankman-Fried answered, “No I did not.”The California...

The strike has dimmed the spotlight on the fall’s best performances. Here’s 13 you shouldn’t miss

Published Sat, 28 Dec 2024 04:26:04 GMT

NEW YORK (AP) — The fallout from the actors strike, now past 100 days, has been widespread throughout the film industry. Movies large and small have postponed. Sound stages remain shuttered. Adjacent industries have been devastated.Another effect is that some great performances haven’t gotten the attention they deserve. For most movies, actors haven’t been able to promote their work.As the strike pushes into Hollywood’s awards season, it’s increasingly muting the reception for some of the best performances of the year. With so many out of work due to the strike, no one should cry for muzzled Oscar campaigns. But actors deserve the chance to take a much-deserved bow.Interim agreements have permitted some of the fall’s standouts – among them Sandra Hüller in “Anatomy of a Fall” and Cailee Spaeny in “Priscilla” – to hit red carpets and bask in standing ovations. And two of the year’s biggest hits – “Barbie” and “Oppenheimer,” both likely to be Academy Awards heavyweights — debuted as a...

In the Kentucky governor’s race, the gun policy debate is both personal and political

Published Sat, 28 Dec 2024 04:26:04 GMT

LOUISVILLE, Ky. (AP) — Struck by tragedy when one of his closest friends died in a mass shooting, Kentucky’s Democratic governor supports a proposal meant to keep firearms away from people deemed as threats to themselves or others. His Republican challenger offers condolences for his rival’s loss but opposes the measure.In one of the most personal exchanges of their campaign for governor, Gov. Andy Beshear and GOP Attorney General Daniel Cameron staked out their stands on gun policy during a recent debate in Louisville. It’s a wrenching issue in Kentucky’s largest city, which has recorded at least 100 homicides in each of the last four years including 2023, with a high mark of 174 killings in 2021, and has struggled to come to terms with gun violence.The hometown of boxing great and global humanitarian Muhammad Ali has coped with tragedy repeatedly in recent years, notably when Breonna Taylor was fatally shot in 2020 during a botched police raid at her home. ...