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WestJet unveils plan to return Boeing 737 Max to service – Yahoo Canada Finance

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The Canadian Press

Warnock makes history with Senate win as Dems near majority

ATLANTA — Democrat Raphael Warnock won one of Georgia’s two Senate runoffs Wednesday, becoming the first Black senator in his state’s history and putting the Senate majority within the party’s reach.A pastor who spent the past 15 years leading the Atlanta church where Martin Luther King Jr. preached, Warnock defeated Republican incumbent Kelly Loeffler. It was a stinging rebuke of outgoing President Donald Trump, who made one of his final trips in office to Georgia to rally his loyal base behind the state’s Republican candidates.In an emotional address early Wednesday, he vowed to work for all Georgians whether they voted for him or not, citing his personal experience with the American dream. His mother, he said, used to pick “somebody else’s cotton” as a teenager.“The other day, because this is America, the 82-year-old hands that used to pick somebody else’s cotton picked her youngest son to be a United States senator,” he said. “Tonight, we proved with hope, hard work and the people by our side, anything is possible.”His victory marks a “reversal of the old southern strategy that sought to divide people,” Warnock told ABC’s “Good Morning America.”The focus now shifts to the other race between Republican David Perdue and Democrat Jon Ossoff.Ossoff held a small lead as of early Wednesday afternoon, though it was too early to call the race. Under Georgia law, a trailing candidate may request a recount when the margin of an election is less than or equal to 0.5 percentage points.If Ossoff wins, Democrats will have complete control of Congress, strengthening President-elect Joe Biden’s standing as he prepares to take office on Jan. 20. A Democratic sweep would also make it more difficult for Republicans to block Biden’s ambitious progressive agenda, along with his Cabinet picks and judicial nominations.This week’s elections mark the formal finale to the turbulent 2020 election season more than two months after the rest of the nation finished voting. The unusually high stakes transformed Georgia, once a solidly Republican state, into one of the nation’s premier battlegrounds for the final days of Trump’s presidency — and likely beyond.Warnock’s victory is a symbol of a striking shift in Georgia’s politics as the swelling number of diverse, college-educated voters flex their power in the heart of the Deep South. It follows Biden’s victory in November, when he became the first Democratic presidential candidate to carry the state since 1992.The Associated Press declared Warnock the winner after an analysis of outstanding votes showed there was no way for Loeffler to catch up. Warnock’s edge is likely to grow as more ballots are counted, many of which were in Democratic-leaning areas.Loeffler refused to concede in a brief message to supporters shortly after midnight.“We’ve got some work to do here. This is a game of inches. We’re going to win this election,” insisted Loeffler, a 50-year-old former businesswoman who was appointed to the Senate less than a year ago by the state’s governor.Loeffler, who remains a Georgia senator until the results of Tuesday’s election are finalized, returned to Washington on Wednesday morning to join a small group of senators planning to challenge Congress’ vote to certify Biden’s victory.Georgia’s other runoff election pitted Perdue, a 71-year-old former business executive who held his Senate seat until his term expired on Sunday, against Ossoff, a former congressional aide and journalist. At just 33 years old, Ossoff would be the Senate’s youngest member.“This campaign has been about health and jobs and justice for the people of this state — for all the people of this state,” Ossoff said in a speech broadcast on social media Wednesday morning. “Whether you were for me, or against me, I’ll be for you in the U.S. Senate. I will serve all the people of the state.”Trump’s false claims of voter fraud cast a dark shadow over the runoff elections, which were held only because no candidate hit the 50% threshold in the general election. He raised the prospect of voter fraud as votes were being cast and likened the Republicans who run Georgia’s election system to “chickens with their heads cut off” during a Wednesday rally in Washington.Gabriel Sterling, a top official with the Georgia secretary of state’s office and a Republican, said there was “no evidence of any irregularities.””The biggest thing we’ve seen is from the president’s fertile mind of finding fraud where none exists,” he said.Both contests tested whether the political coalition that fueled Biden’s November victory was an anti-Trump anomaly or part of a new electoral landscape. To win in Tuesday’s elections — and in the future — Democrats needed strong African American support.AP VoteCast, a survey of more than 3,700 voters in Tuesday’s contests, found that Black voters made up roughly 30% of the electorate, and almost all of them — 94% — backed Ossoff and Warnock. The Democrats also relied on the backing of younger voters, people earning less than $50,000 annually and newcomers to the state.The Republican coalition backing Loeffler and Perdue was the mirror opposite: white, older, wealthier and longtime Georgia residents.The coalition closely resembles the one that narrowly handed Georgia’s Electoral College votes to Biden in November, making him the first Democratic presidential candidate to win the state in almost three decades.Trump’s claims about voter fraud in the 2020 election, while meritless, resonated with Republican voters in Georgia. About 7 in 10 agreed with his false assertion that Biden was not the legitimately elected president, AP VoteCast found.Election officials across the country, including the Republican governors in Arizona and Georgia, as well as Trump’s former attorney general, William Barr, have confirmed that there was no widespread fraud in the November election. Nearly all the legal challenges from Trump and his allies have been dismissed by judges, including two tossed by the Supreme Court, where three Trump-nominated justices preside.Even with Trump’s claims, voters in both parties were drawn to the polls because of the high stakes. AP VoteCast found that 6 in 10 Georgia voters say Senate party control was the most important factor in their vote.Turnout exceeded both sides’ expectations. Ultimately, more people cast ballots in the runoffs than voted in Georgia’s 2016 presidential election.Former President Barack Obama, the nation’s first Black president, issued a statement praising the election of Georgia’s first African American senator and his ability to improve divisions in Washington.“Georgia’s first Black senator will make the (Senate) chamber more reflective of our country as a whole and open the door for a Congress that can forego gridlock for gridlock’s sake to focus instead on the many crises facing our nation,” Obama said.On the ground in Georgia, meanwhile, many in the state’s large African American community were ecstatic when they awoke to news of Warnock’s win on Wednesday. Tracey Bailey, a 58-year-old assistant community manager at an apartment complex in downtown Atlanta, said she jumped for joy.“It’s going to be great for Georgia, and it’s going to be great for our Black community as a whole,” she said. “I think he’s going to be a fair guy for the people, and that’s for all people.”___Peoples reported from New York. Bynum reported from Savannah, Ga. Associated Press writers Haleluya Hadero, Angie Wang, Sophia Tulp, Ben Nadler and Kate Brumback in Atlanta contributed to this report.Steve Peoples, Bill Barrow And Russ Bynum, The Associated Press

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Japanese owner of 7-Eleven Seven & i Holdings rejects Couche-Tard takeover offer

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MONTREAL – The Japanese owner of 7-Eleven has rejected a takeover offer from Quebec-based Alimentation Couche-Tard Inc.

Seven & i Holdings Co. Ltd. said the proposal by the Canadian convenience store operator “grossly undervalues” the company.

In a letter to Couche-Tard, Seven & i called its offer of US$14.86 per share in cash “opportunistically timed” and said the proposal was not in the best interest of its shareholders and other stakeholders.

“We are open to engaging in sincere discussions should you put forth a proposal that fully recognizes our stand-alone intrinsic value and addresses our concerns regarding certainty of closing in the current regulatory environment,” wrote Stephen Dacus, chair of the special committee formed to review the offer.

“However, we do not believe, for several critical reasons, that the proposal you have put forward provides a basis for us to engage in substantive discussions regarding a potential transaction.”

The Japanese company said the Couche-Tard bid did not adequately acknowledge the multiple and significant challenges such a transaction would face from U.S. competition regulators.

In addition to global convenience store chain 7-Eleven, Seven & i owns supermarkets, food producers, household goods retailers and financial services companies.

On Thursday, before Seven & i published its rejection, Couche-Tard said it was confident in its ability to finance and complete the proposed deal.

Analysts have cast doubt on whether the two companies can reach a deal because they believe satisfying Japanese regulators will be onerous and could force Couche-Tard to let go of some of its assets.

Couche-Tard has operations across 31 countries and more than 16,800 stores. If it manages to wrangle Seven & i, that deal would add 85,800 stores to its empire.

This report by The Canadian Press was first published Sept. 6, 2024.

Companies in this story: (TSX:ATD)

The Canadian Press. All rights reserved.

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Ex-Cruise Ship Officer Reveals Insider Secrets of the Cruise Industry

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Total Money Magnetism

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