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Big drop in new COVID-19 cases reported in Waterloo region Tuesday –



Waterloo region saw a significant drop in the number of new COVID-19 cases reported Tuesday.

Region of Waterloo Public Health reported just 12 cases, which was well below numbers for the past month when daily case numbers have fluctuated between 35 and 70.

The region reported 318 active cases. There were no new deaths reported Tuesday.

The number of people in the region’s three hospitals rose by two to 48 with half of those people in the intensive care unit.

The number of active outbreaks also rose by three to 21.

The region remains in Step One of the province’s three-step reopening. Dr. Hsiu-Li Wang, the region’s medical officer of health, is expected to discuss whether the region should move into Step Two on Tuesday afternoon during a board of health meeting.

Hockey hub to open Thursday

The region is prepping a new “hockey hub” vaccination clinic and officials say there will be 20,000 additional appointments for people who need their first and second dose of the vaccine in the coming weeks.

The hockey hub vaccination clinic was developed by Grey Bruce Public Health in partnership with Bruce Power and sees a person walk in and sit in a seat right away, staff come to the person to give the vaccine, and then the person waits in that seat until it’s time to leave.

The Region of Waterloo will work with Bruce Power to set up the clinic at Bingemans in Kitchener. It’s anticipated the clinic will open on Thursday and the first two days will be a trial run, administering shots to people 18 years of age and up with Moderna being offered. First dose walk-ins are permitted.

Starting on the weekend, people 12 years of age and up will be allowed to book appointments at the site or walk-in for first doses.

The hockey hub comes after 1,200 doses were given at a drive-thru clinic at Bingemans on Sunday.

Regional Chair Karen Redman says she attended the drive-thru clinic and spoke to some people getting their first doses. She heard from one new mother who said the other clinics just weren’t as convenient as the drive-thru and Redman says that’s why it’s important the region diversifies how it distributes doses.

“We’ve tried to do everything we can to increase capacity now that we have vaccine and the roll out is working,” Redman said in an interview. 

“Everybody is looking forward to Step 2 and I think Step 3 after that,” she said. “The community is stepping up as we asked them to and all that bodes well for moving forward to a more open economy and a summer that we all deserve.”

Young people getting shots

Numbers on the regional vaccination dashboard shows young people between the ages of 18 and 29 are stepping up to get the first dose.

The numbers show 79 per cent of people in that age range have received their first dose of the vaccine, surpassing people aged 30 to 39, 40 to 49 and 50 to 59, despite having access to the vaccine later than those other age ranges.

The dashboard shows 63 per cent of youth between the ages of 12 and 18 have received their first dose.

The region’s vaccination dashboard shows the percentages of people per age group who have received first (light blue bar) and second (dark blue bar) doses of the COVID-19 vaccine. This is the graph as of July 6. (Region of Waterloo)

In total, 79.5 per cent of people 18 and older have received at least one dose of the COVID-19 vaccine while 43 per cent are fully vaccinated.

The region says it anticipates reaching the milestone of 80 per cent of people having received a first dose later this week.

Long-term care and retirement homes in outbreak

There are two long-term care homes and three retirement homes in outbreak in Waterloo region.

The two local long-term care homes in outbreak are:

  • Columbia Forest in Waterloo, operated by Revera Living, with a total of two cases in people living there.
  • The Village at Winston Park in Kitchener, operated by Schlegel Villages, with a total of 21 cases: 14 in people living there and seven in staff. One death has been associated with this outbreak.

In an update on its website Monday, Schlegel Villages said staff at Winston Park “continues to monitor everyone closely and all testing results conducted [Sunday] have returned negative.”

As of Tuesday, the province listed three long-term care homes in outbreak: One in Sarnia, one in Burlington and Winston Park in Kitchener. Columbia Forest in Waterloo was not yet on the provincial website.

The three retirement homes in outbreak in Waterloo region are:

  • Zora Srpski Dom Retirement Home in Kitchener with 11 cases: Eight in residents, three in staff.
  • Marian Residence Retirement Home in Cambridge with six cases: two in residents, four in staff. There is one death association with this outbreak.
  • Highland Place Retirement Home in Kitchener with two cases: one each in a resident and staff member.

Other outbreaks

There were 21 active outbreaks. Along with the five in long-term care and retirement homes, the other outbreaks were:

  • Workplaces: Eight.
  • Hospitals: Five.
  • Congregate settings: Two.
  • Independent living facility: One.

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Stock market news live updates: Stock turn lower following last week's rebound – Yahoo Canada



U.S. stocks closed a choppy session lower Monday, weighed down by losses in technology shares, after the major indexes failed to sustain momentum from last week’s rally.

The S&P 500 fell 0.3%, and Dow Jones Industrial Average dipped 60 points, or 0.2% after each benchmark wavered between the red and the green throughout the trading day. The Nasdaq Composite declined 0.9%.

The moves follow a sharp rebound Friday that saw the S&P 500 surge 3% during the session and over 6% for the week, its second-best week this year and its first weekly rise since late May. Still, the benchmark index is on pace for its worst opening six months since 1970.

During the previous session, the Dow rose more than 800 points, or 2.7%, while the Nasdaq increased by more than 3.3%, leading to weekly gains for the indexes of more than 5% and 7%, respectively.

Some Wall Street strategists are hopeful that markets may have found a bottom.

“As bad as [this year] has been for investors, the good news is previous years that were down at least 15% at the midway point to the year saw the final six months higher every single time, with an average return of nearly 24%,” LPL Financial chief market strategist Ryan Detrick said in a note last week.

J.P. Morgan strategist Marko Kolanovic also predicted that U.S. equities may climb as much as 7% this week as investors rebalance portfolios amid the end of the month, second quarter, and first half of the year.

While sentiment on Wall Street appears optimistic, investors are in for a bevy of key economic reports and earnings that may sway markets this week and put hopes of a comeback to the test.

Quarterly results from Nike (NKE) and Micron (MU) will be closely watched for signs of rising inventories and slowing orders like Target and some other retailers have warned about recently, which may renew worries of an economic slowdown among Corporate America.

Traders also face a fairly loaded economic calendar this week, with the latest read on core PCE inflation – the Federal Reserve’s preferred measure of consumer prices, the Conference Board’s consumer sentiment survey, and manufacturing and housing reports due out through Friday.

A trader works on the floor of the New York Stock Exchange NYSE in New York, the United States, June 16, 2022. U.S. stocks fell sharply on Thursday as steep sell-off continued on Wall Street amid rising recession fears. (Photo by Michael Nagle/Xinhua via Getty Images)A trader works on the floor of the New York Stock Exchange NYSE in New York, the United States, June 16, 2022. U.S. stocks fell sharply on Thursday as steep sell-off continued on Wall Street amid rising recession fears. (Photo by Michael Nagle/Xinhua via Getty Images)

A trader works on the floor of the New York Stock Exchange NYSE in New York, the United States, June 16, 2022. U.S. stocks fell sharply on Thursday as steep sell-off continued on Wall Street amid rising recession fears. (Photo by Michael Nagle/Xinhua via Getty Images)

On the move

  • Robinhood Markets (HOOD)‘s stock surged 14% to close at $9.12 per share following a report from Bloomberg that cryptocurrency exchange FTX is considering a deal to acquire digital trading platform. Earlier in the day, Robinhood was in the spotlight after Goldman Sachs upgraded the brokerage to Neutral, about two months after the bank downgraded shares to Sell.

  • Coinbase (COIN) shares plunged nearly 10.8% to $55.96 after analysts at Goldman Sachs on Monday downgraded the cryptocurrency exchange to Sell from Neutral and slashed their price target on the stock to $45 from $70. Goldman also noted that while Coinbase recently announced it would cut 18% of staff, these layoffs will not be enough to bring the company’s costs in line with lowered sales.

  • AMC Entertainment (AMC) rallied to cap trading up 13.6% despite a turbulent session for the broader markets. The stock rose amid increased mentions across forums such as Reddit’s WallStreetBets and Stocktwits. AMC was also added to the Russell 1000 Index after an annual rebalancing.

Alexandra Semenova is a reporter for Yahoo Finance. Follow her on Twitter @alexandraandnyc

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Man uses Apple Airtags to find stolen Range Rover | CTV News – CTV News Toronto



An Ontario man whose car was stolen from his driveway in midtown Toronto twice in three months is revealing how he tracked and located his second vehicle.

“It’s pretty scary, but you can’t live your life in fear,” Lorne, whose surname CTV News Toronto has omitted due to safety concerns, said on Monday.

On April 1, his family moved to the Avenue Road and Lawrence Avenue area.

The following day, employees from an electronics company arrived at his house to install televisions. He placed the keys of his Range Rover Autobiography into a faraday box, which is designed to prevent criminals from copying a key fob and gaining access to a vehicle.

However, within minutes of the employees leaving his house, his car was stolen in broad daylight.

“The thieves were able to disable the tracker in my car, put there by the manufacturer,” Lorne said.

Meanwhile, his wallet, along with his kids phones, which were in the car, were thrown out of the vehicle before it was stolen, which Lorne said he believes was a preventive measure to avoid him from tracking the location of his car.

His Range Rover was never recovered.

Thirty days later, he got a new car of the same model, but this time, he placed three Apple AirTag tracking devices inside – one in the glovebox, another in his spare tire in the trunk and a third under his back seat.

While Lorne said he typically parks in his garage, last Wednesday night, he didn’t.

At 8:30 a.m. the next morning, he said his kids ran into his bedroom screaming, ”Daddy, daddy, your car is gone.” 

Right away, he logged into his Find My app and located all three of his AirTags near Manville and Comsock roads in Scarborough, listed as a metal recycling plant. 

After dropping his kids at school, he headed to that location and called the police. With no success reaching an officer, he drove to the 41 Division police station.

Toronto police spokesperson David Hopkinson confirmed to CTV News Toronto that a report of this nature was received by police on Thursday.

“I pressed my panic button and you heard it going off,” Lorne said. “The next day I was told they recovered nine cars.”

Due to an ongoing investigation, police could not comment further on the incident.

This time, however, Lorne said police recovered his vehicle and he anticipates it should be back in his possession soon.

While he said his AirTags worked in this case, he anticipates car thefts will only get increasingly sophisticated.

“It’s not foolproof,” he said.

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Company buying Trump's social media app faces subpoenas – Yahoo Canada Finance



NEW YORK (AP) — The company planning to buy Donald Trump’s new social media business has disclosed a federal grand jury investigation that it says could impede or even prevent its acquisition of the Truth Social app.

Shares of Digital World Acquisition Corp. dropped almost 10% Monday as the company revealed that it has received subpoenas from a grand jury in New York.

The Justice Department subpoenas follow an ongoing probe by the Securities and Exchange Commission into whether Digital World broke rules by having substantial talks about buying Trump’s company starting early last year before Digital World sold stock to the public for the first time in September, just weeks before its announcement that it would be buying Trump’s company.

Trump’s social media venture launched in February as he seeks a new digital stage to rally his supporters and fight Big Tech limits on speech, a year after he was banned from Twitter, Facebook and YouTube.

The Trump Media & Technology Group — which operates the Truth Social app and was in the process of being acquired by Digital World — said in a statement that it will cooperate with “oversight that supports the SEC’s important mission of protecting retail investors.”

The new probe could make it more difficult for Trump to finance his social media company. The company last year got promises from dozens of investors to pump $1 billion into the company, but it can’t get the cash until the Digital World acquisition is completed.

Stock in Digital World rocketed to more than $100 in October after its deal to buy Trump’s company was announced. The stock closed at $25.16 Monday.

Digital World is a special-purpose acquisition company, or SPAC, part of an investing phenomenon that exploded in popularity over the past two years.

Such “blank-check” companies are empty corporate entities with no operations, only offering investors the promise they will buy a business in the future. As such they are allowed to sell stock to the public quickly without the usual regulatory disclosures and delays, but only if they haven’t already lined up possible acquisition targets.

Digital World said in a regulatory filing Monday that each member of its board of directors has been subpoenaed by the grand jury in the Southern District of New York. Both the grand jury and the SEC are also seeking a number of documents tied to the company and others including a sponsor, ARC Global Investments, and Miami-based venture capital firm Rocket One Capital.

Some of the sought documents involve “due diligence” regarding Trump Media and other potential acquisition targets, as well as communications with Digital World’s underwriter and financial adviser in its initial public offering, according to the SEC disclosure.

Digital World also Monday announced the resignation of one of its board members, Bruce Garelick, a chief strategy officer at Rocket One.

The Associated Press

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