U.S. stocks are drifting around their record levels as Wall Street appears to be headed for another quiet day. The S&P 500 rose 0.1% Tuesday and is on track to beat its record set last week. The Dow Jones Industrial Average added 35 points, and the Nasdaq composite rose 0.1% a day after setting an all-time high. Treasury yields fell in the bond market as hopes remain high that an easing of inflation will convince the Federal Reserve to cut its main interest rate later this year. Stock indexes fell across much of Europe and Asia.
Residents in Omaha, Nebraska, awoke to weather sirens blaring and widespread power outages early Tuesday morning. That came as torrential rain, high winds and large hail pummeled the area. More than 10,000 customers were without power in and around Omaha, and more than 5 inches of rain in less than two hours flooded basements and submerged cars in low-lying areas. National Weather Service meteorologist Becky Kern says a wind gust of 90 mph was recorded west of Omaha in the city of Columbus. Severe storms are expected to move into Iowa... Читать дальше...
The Air Force says an instructor pilot was killed when the ejection seat activated while the turboprop aircraft was still on the ground at a Texas military base. The instructor pilot was in a T-6A Texan II at Sheppard Air Force Base in Wichita Falls, Texas, when the seat activated during ground operations on Monday. The pilot was taken to a hospital and died Tuesday. The pilot’s name is being withheld pending notification of next of kin. In 2022, the T-6 fleet and hundreds of other Air Force, Navy... Читать дальше...
OpenAI says it plans to halt the use of one of its ChatGPT voices that “Her” actor Scarlett Johansson says sounds “eerily similar" to her own. OpenAI said Monday that it is “working to pause” Sky — the name of one of five voices that ChatGPT users can chose to speak with. The company added it had “heard questions” about how it selects the lifelike audio options available for its flagship artificial intelligence chatbot. Among those raising questions was Johansson, who famously voiced a fictional... Читать дальше...
Singapore Airlines says a 73-year-old British man has died and more than two dozen other passengers were injured aboard a London-Singapore flight that encountered severe turbulence. The plane was diverted to Bangkok, where emergency crews rushed to help the passengers on Tuesday. Singapore’s Flight SQ321 from Heathrow landed at 3:45 p.m. local time at Suvarnabhumi Airport. The airline said the aircraft was a Boeing 777-300ER with a total of 211 passengers and 18 crew on board. Singapore Airlines... Читать дальше...
A group of Tesla shareholders are asking investors to vote against a compensation package worth more than $40 billion for CEO Elon Musk, saying that it’s not in the electric vehicle maker’s best interest. The shareholder group, which includes New York City Comptroller Brad Lander, SOC Investment Group and Amalgamated Bank, said in a letter to shareholders that ratification of Musk’s pay package would do nothing to promote Tesla’s long-term growth and stability.
A London judge says Prince Harry can't expand his privacy lawsuit against The Sun tabloid's publisher to include allegations that Rupert Murdoch and some other executives were part of an effort to conceal and destroy evidence of unlawful information gathering. Judge Timothy Fancourt said Tuesday in the High Court that allegations that Murdoch “turned a blind eye” to wrongdoing added nothing meaningful to claims against News Group Newspapers. The mixed ruling allowed the Duke of Sussex to add some... Читать дальше...
The encampment had been set up in late April near the end of the school year and as families arrived for spring commencement.
As Donald Trump's hush money trial resumes, witness testimony could be entering its final day. Prosecutors have already rested their case and the defense may follow suit on Tuesday after calling just a handful of witnesses. Attorney Robert Costello, the defense's second witness, is expected to return to the stand. The trial is in its 20th day. Judge Juan M. Merchan says that once the defense rests, he will send jurors home until closing arguments on the day after Memorial Day. Prosecutors say Trump... Читать дальше...
A defense witness in Donald Trump’s New York hush money case whom the judge threatened to remove over his behavior will return to the stand as the trial nears its end. Trump’s lawyers are hoping Robert Costello’s testimony Tuesday will help undermine the credibility of a key prosecution witness, Trump fixer-turned-foe Michael Cohen. But Costello angered the judge Monday, prompting the judge to briefly kick reporters out of the courtroom to admonish him. The chaotic scene unfolded after prosecutors... Читать дальше...
World leaders are expected to adopt a new agreement on artificial intelligence when they gather virtually Tuesday to discuss AI’s potential risks but also ways to promote its benefits and innovation. The two-day AI Seoul Summit co-hosted by the South Korean and U.K. governments is a follow-up to November’s inaugural AI Safety Summit at Bletchley Park in the United Kingdom. South Korean President Yoon Suk Yeol and British Prime Minister Rishi Sunak are to meet other world leaders virtually Tuesday. Читать дальше...
Denver has launched an ambitious new program to support migrants, and hundreds crammed into a convention center for orientation on Monday. The plan is a major shift from the days- to weeks-long shelter stays that Denver, Chicago and New York City have been offering migrants over the past year. Denver's new procedure includes six months of rental and food assistance for an apartment, work and certification trainings, free computers and phones, and help with asylum applications. Many migrants have... Читать дальше...
The United States says that Russia last week launched a satellite that could be part of weaponizing space. That's a possible future global trend that members of the U.N. Security Council condemn, even as they failed on Monday to pass a measure against it. The resolution drafted by Russia rivaled one backed by the U.S. and Japan that failed last month. The rival drafts focused on different types of weapons. The U.S. and Japan specified weapons of mass destruction. The Russian draft discussed all types of weapons. Читать дальше...
A California legislator backed by former President Donald Trump and a county sheriff promising to fight for tougher border security are facing off in a special election to decide who will complete the remainder of the term of ousted former House Speaker Kevin McCarthy. The term in the 20th District in the state's Central Valley runs through January. The candidates — state Assembly member Vince Fong and Tulare County Sheriff Mike Boudreaux — are both Republicans. The special election is Tuesday. McCarthy... Читать дальше...
China is the runaway leader in supplying the world with the hardware to gather solar power. Now it's installing it at home at such a clip that the country's grid is getting more than it can use in some places. That's true in Shandong province, where Shi Mei and her husband decided a few years ago to supplement their farm income by buying a solar setup for their roof. Now they harvest the equivalent of $10,000 per year for the electricity that gets fed to the grid. Shi says “When the sun comes out... Читать дальше...