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A 60-year-old woman received third-degree burns while walking in a thermal area in Yellowstone National Park in Wyoming this week, according to park officials. Visitors are urged to practice “extreme caution” in hydrothermal areas by staying on boardwalks and trails. Pets are prohibited on boardwalk and hiking trails in the backcountry and in thermal areas, according to the park service. And in March, actor Pierce Brosnan, best known for playing James Bond, was fined after he posted photos of himself standing on off-limits thermal areas of Yellowstone in the previous year. In August 2023, a Michigan man was charged with two federal misdemeanors after he burned himself in one of Yellowstone’s thermal areas, federal prosecutors said.
Persons: Pierce Brosnan, James Bond, , Organizations: National Park Service, Eastern, Eastern Idaho Regional Medical, Visitors Locations: Yellowstone, Wyoming, Windsor , New Hampshire, Mallard, Eastern Idaho, Michigan
Asia-Pacific markets opened mixed on Wednesday, following gains on Wall Street that saw both the S&P 500 and the Dow Jones Industrial Average reach new highs. Investors await the Federal Reserve's rate decision due Wednesday stateside, and will also assess economic data from Japan as well the Indonesian central bank's rate decision. Japan's private sector machinery orders in July declined 0.1% from the previous month, according to data from the Cabinet Office, missing Reuters estimates of a 0.5% increase. Bank Indonesia is set to meet Wednesday for a key BI-rate decision. The policy rate stands at its highest level since 2016, even as inflation has cooled to well within the central bank's 1.5%-3.5% target.
Organizations: Dow Jones, Japan's Ministry of Finance, Bank Indonesia Locations: Asia, Pacific, Japan, Indonesian
Norfolk Southern fired CEO Alan Shaw for a previously undisclosed relationship with an employee. Alan Shaw had been in a consensual relationship with the company corporate secretary, Nabanita Nag. AdvertisementRailroad company Norfolk Southern ousted CEO Alan Shaw after an internal probe uncovered his relationship with the company's top lawyer, the company said in a Wednesday statement. An internal investigation into Shaw uncovered his consensual relationship with the company's chief legal officer, Nabanita Nag. Norfolk Southern said that both people were fired.
Persons: Alan Shaw, Nabanita Nag, Mark George, Shaw, Organizations: Norfolk Southern, Service, Railroad, Business Locations: Norfolk
Read previewBoeing's incoming CEO, Kelly Ortberg, is already signaling his intent to get the planemaker back on track. Later that month, The Seattle Times reported that Boeing's board shut down a shareholder's bid to move its headquarters back to Seattle. Outgoing CEO Dave Calhoun last year faced criticism from employees after commuting to Boeing's HQ by private jet, The Wall Street Journal reported. Airline bosses like Emirates' Tim Clark had called on Boeing to appoint a new CEO with an engineering background. Boeing's incoming CEO, Kelly Ortberg, is an aerospace veteran.
Persons: , Kelly Ortberg, Ortberg, It's, Rockwell Collins, Max, Lindsey Wasson, Maria Cantwell, Dave Calhoun, Calhoun, Tim Clark, we've, Nicolas Owens, Owens, Bob Clifford, preventively Organizations: Service, Seattle Times, Boeing, Reuters, Business, Alaska Airlines, Federal Aviation Administration, REUTERS, Commerce, Science, Transportation, Street Journal, Morningstar Locations: Seattle, Chicago, Virginia, Washington, South Carolina, Renton , Washington, Emirates, Blackstone
San Juan (AP) — Puerto Rico’s governor signed a law on Wednesday that prohibits discrimination against people wearing Afros, curls, locs, twists, braids and other hairstyles in the racially diverse U.S. territory. The move was celebrated by those who had long demanded explicit protection related to work, housing, education and public services. “It’s a victory for generations to come,” Welmo Romero Joseph, a community facilitator with the nonprofit Taller Salud, said in an interview. A bronze statue of San Juan Bautista stands in front the Capitol building flanked by U.S. and Puerto Rican flags, in San Juan, Puerto Rico, where a ruling was made on Wednesday to ban hair discrimination. “Unfortunately, people identified as Black or Afro descendant in Puerto Rico still face derogatory treatment, deprivation of opportunities, marginalization, exclusion and all kinds of discrimination,” the law signed Wednesday states.
Persons: ” Welmo Romero Joseph, Romero, San Juan Bautista, Ricardo Arduengo, , ” Westend61 Organizations: Puerto Rico’s, Salud, Civil, U.S, Puerto, Census, Economic Policy Institute, U.S . House, Democratic Locations: Juan, Puerto, Alabama, San Juan, Puerto Rican, San Juan , Puerto Rico, U.S, Puerto Ricans, Puerto Rico, Texas
"We cannot let the challenges of the recent past define our relationships of the future," Starmer said in a Wednesday statement from Downing Street. It comes as the specter of a second presidency from Republican candidate Donald Trump looms heavy over Europe after an assassination attempt over the weekend buoyed support for the former president. Both Trump and his newly announced running mate JD Vance have indicated that continued support for Europe — and in particular Ukraine — are not guaranteed under a second Trump administration. The Republican presidential nominee has repeatedly lambasted the continent's lack of defense spending, and has threatened to pull out of NATO, while Vance has shown ambivalence over U.S. intervention in foreign affairs. In anticipation, European NATO members have been upping their defense spending, including a new commitment from Starmer to spend 2.5% of U.K. gross domestic product (GDP) on defense.
Persons: Keir Starmer, John Healey, George Robertson, Winston Churchill's, Starmer, Donald Trump, Trump, JD Vance, Vance Organizations: British, Defence, Downing, Labour, European Political, Republican, Europe —, NATO Locations: London, England, OXFORD, Europe, Winston, Blenheim, Oxfordshire, Ukraine
Costfoto | Nurphoto | Getty ImagesAsia-Pacific markets were mixed on Wednesday, ahead of inflation data from both China and India. Traders in Asia will also look toward the U.S. Federal Reserve's decision on Wednesday stateside, which will come hours after the country's May inflation report. China's May inflation rate is expected to increase by 0.4%, slightly higher than the 0.3% seen in April. Separately, India's inflation rate is also forecast to climb marginally to 4.89%, according to a Reuters poll of economists, slightly higher than April's 4.83% increase. Japan's corporate goods inflation rate accelerated to 2.4% in May, beating expectations and marking its fastest rate of increase since August.
Persons: Kospi Organizations: Nurphoto, Getty, Traders, U.S, U.S . Federal, Nikkei Locations: Nanjing, East China's Jiangsu, Asia, Pacific, China, India, U.S ., Hong Kong
Traders work on the floor of the New York Stock Exchange during afternoon trading on June 03, 2024 in New York City. LONDON — European stocks are expected to open higher Wednesday ahead of the latest U.S. Federal Reserve decision and inflation reading. The U.K.'s FTSE index is seen 29 points higher at 8,169, Germany's DAX 36 points higher at 18,408, France's CAC 40 up 13 points at 7,803 and Italy's FTSE MIB up 66 points at 33,946, according to IG. Investors have grown increasingly concerned that the recent strong jobs report and sticky inflation support a higher-for-longer interest rate environment. U.S. stock futures hovered near the flatline Tuesday night, while Asia-Pacific markets were mixed as investors assessed inflation data from around Asia.
Persons: Germany's DAX Organizations: New York Stock Exchange, LONDON, Federal, CAC, IG, U.S Locations: New York City, Asia, Pacific
People watch the first sunrise of the new year from a footbridge overlooking the city skyline in Seoul on January 1, 2024. Asia-Pacific markets opened mixed on Tuesday, even as the S&P 500 and Nasdaq Composite reached new highs on Wall Street overnight. Investors will parse through the Fed's updated projections on the timing and frequency of rate cuts. Markets are now pricing in just one rate cut this year, coming in November, according to the CME FedWatch Tool. Asia-Pacific markets like Australia, Hong Kong, mainland China and Taiwan will return to trade on Tuesday, after being closed for a public holiday the previous day.
Organizations: Nasdaq, Traders, U.S, U.S . Federal Locations: Seoul, Asia, Pacific, U.S ., Australia, Hong Kong, China, Taiwan
Read previewPresident Joe Biden during key January negotiations for a Ukraine funding deal spoke so low that some attendees had difficulty hearing him speak, according to The Wall Street Journal. AdvertisementBiden during the meeting also closed his eyes for such a duration that some wondered if he had shut out the meeting, per the report. When pressed on the issue, Biden has vigorously defended his age and his administration's accomplishments. And Democratic allies like Jeffries have also strongly vouched for Biden, telling the Journal that the president was "incredibly strong, forceful and decisive" in the January White House meeting. The White House strongly pushed back against the characterization of Biden as a poor performer, which spokesman Andrew Bates in a statement to the Journal said were "false and politically motivated claims."
Persons: , Joe Biden, Biden, Hakeem Jeffries, Shalanda Young, Biden —, Washington —, Donald Trump, Jeffries, Nikki Haley, Nancy Pelosi, Trump, Barack Obama, Andrew Bates, Bates Organizations: Service, Wall Street, Republicans, Business, Ukraine, House Democratic, Management, Democratic, Trump, NATO Locations: Ukraine, New York, Washington, Richmond , Virginia
Jefferies CEO Rich Handler sold $65 million in company stock to buy a luxury yacht. AdvertisementJefferies CEO Rich Handler sold $65 million of his stock in the company to buy himself a gift — a luxury yacht. Handler sold 1.5 million shares, or 7% of his holdings, to purchase a "personal boat and to pay tax obligations," the investment bank said in a Wednesday statement. He has previously sold shares only for tax purposes and charity, the bank said. Investors often view executives' stock sales as a signal about lack of company confidence, so any sales are carefully messaged.
Persons: Rich Handler, Jefferies, Tilman Fertitta, Handler, Organizations: Jefferies, Service, Financial Times, Houston Rockets, NBA, Lancadia Holdings Locations: Westport
CNN —The Gateway Pundit, the notorious far-right blog and prolific publisher of conspiracy theories, said Wednesday that it had filed for bankruptcy protection as it grapples with litigation related to its coverage of the 2020 election. Another lawsuit, filed by a former Dominion Voting Systems executive, accuses the outlet of defamation. The Gateway Pundit denies wrongdoing in both cases. Over the years, The Gateway Pundit has become infamous for its publishing of hyper-partisan blog posts, many of which advance dangerous lies and conspiracy theories. The Gateway Pundit is one of several right-wing media outlets grappling with the fallout stemming from its promotion of 2020 election lies.
Persons: Donald Trump, Joe Biden, Ruby Freeman, Wandrea, ” Moss, Jim Hoft, Trump, MAGA, Hoft, , ” Hoft Organizations: CNN, Dominion Voting Systems, Republican, Fox News, America News Locations: Georgia, Smartmatic, Dominion
President Joe Biden signed a bill into law on Wednesday that would ban TikTok if its not sold within the year. The measure is folded into a law that says the United States will provide aid to Israel, Ukraine, and Taiwan. TikTok representatives have already responded. "This unconstitutional law is a TikTok ban, and we will challenge it in court," the company wrote in a Wednesday statement on X following Biden's signing. "This ban would devastate seven million businesses and silence 170 million Americans."
Persons: Joe Biden Locations: United States, Israel, Ukraine, Taiwan
U.S. Secretary of State Antony Blinken is greeted by Qatari officials upon his arrival in Doha, Qatar, Friday Oct. 13, 2023. Qatar is reconsidering its role as cease-fire broker between Israel and Palestinian militant group Hamas, the Gulf state's prime minister said, expressing concerns that Doha's mediation has been subject to "political exploitation." In a late-Wednesday statement, Sheikh Mohammed bin Abdulrahman Al Thani "lamented the political exploitation by some politicians with narrow interests, marketing their electoral campaigns through the defamation of Qatar's role." Since October, the Hamas-governed Gaza Strip has been ravaged by a retaliatory war campaign carried out by Israel. "Hamas has also sought to use its intermediary Qatar – which has long helped finance, back, and house the terrorist organization – to exact greater concessions from Israel.
Persons: Antony Blinken, Sheikh Mohammed bin Abdulrahman, Sheikh Mohammed bin Abdulrahman Al Thani, Steny Hoyer, Hoyer Organizations: Hamas, Gulf state's Locations: Doha, Qatar, Israel, Palestinian, Sheikh Mohammed bin Abdulrahman Al, Maryland, Hamas, Gaza
The crew of USCGC Oliver Henry rescues three mariners stranded on Pikelot Atoll, Yap State, Federated States of Micronesia, on April 9, 2024. "This successful operation underscores the effective coordination and partnership between the US Coast Guard, the US Navy, and regional partners," Garcia said. The crew of USCGC Oliver Henry rescues three mariners stranded on Pikelot Atoll, Yap State, Federated States of Micronesia, on April 9, 2024. The Coast Guard has also carried out more recent searches for individuals who went missing while on cruise ships. AdvertisementThe Coast Guard has long operated in the Pacific — its ships used to patrol American territories and other nearby countries for decades.
Persons: , Chelsea Garcia, USCGC Oliver Henry, Garcia, Oliver Henry Organizations: Navy, Service, Federated, US Coast Guard Forces Micronesia, US Navy, US Coast Guard, Coast Guard, Coast Guard HC, 130J, Coast, Guard Locations: American, Pikelot, Federated States, Micronesia, Guam, Tuesday's Coast, Yap State, Polowat, China
Hong Kong CNN —Fitch downgraded its outlook on China’s credit rating on Tuesday, citing increasing risks to its finances as it faces economic challenges. Lowering its outlook from stable to negative does not automatically mean the ratings agency will downgrade China’s creditworthiness, but it increases the chances. Fitch has kept its rating on Chinese sovereign bonds at A+. Fitch believes the general government deficit will rise to 7.1% of gross domestic product in 2024 from 5.8% last year. In December, rival ratings agency Moody’s downgraded its outlook on China’s credit rating from stable to negative, citing risks related to “structurally and persistently lower medium-term economic growth” and ongoing troubles in its property sector.
Persons: Hong Kong CNN — Fitch, China’s, Fitch, , Moody’s Organizations: Hong Kong CNN, Finance, Fitch Locations: China, Hong Kong
The largest global industrial wood pellet supplier filed for Chapter 11 bankruptcy protection on Wednesday, announcing its intention to cut about $1 billion of debt by restructuring agreements with creditors, including those who have invested heavily in new facilities. The announcement came two months after Fitch Ratings downgraded Enviva’s default rating following a missed interest payment of $24.4 million. Construction will continue at its location in Epes, Alabama, Enviva said in a March 12 statement. The Dogwood Alliance urged the Biden Administration this fall to prevent wood pellet producers from accessing a tax credit that received additional funding under the Inflation Reduction Act, which marked the most substantial federal investment to date in the fight against climate change. Report for America is a nonprofit national service program that places journalists in local newsrooms to report on undercovered issues.
Persons: Enviva, , ” Glenn Nunziata, Danna Smith, Smith, ” Smith, ” ___ Pollard Organizations: Fitch, Dogwood Alliance, Biden, Associated Press, America Statehouse News Initiative, America Locations: Maryland, Delaware, Mississippi, Alabama, U.S, Epes , Alabama, Bond
JR Majewski, a controversial GOP House candidate in Ohio, is refusing to drop out of the race after referring to Special Olympics participants as "fucking retarded." As Business Insider first reported earlier this month, Majewski made the disparaging comments during an appearance on a conservative podcast. You know, no matter how hard you try, arguing on the Internet, it's like being in the Special Olympics," he said. On Sunday, the Lucas County GOP — the largest party organization in Ohio's 9th congressional district — voted to censure Majewski for his comments. AdvertisementThe Ohio Republican told POLITICO on Tuesday that he was considering dropping out of the race.
Persons: Majewski, @JRMajewski, ciLu3ckhXa, bGZfC6ZUem — bryan metzger, @metzgov, , Lucas, J, … —, Marcy Kaptur, He's, Derrick Merrin, Craig Riedel, Donald Trump, Sen, JD Vance, Ohio Organizations: JR Majewski, GOP House, Washington Establishment Machine, Business, BI, Republicans, Lucas County GOP, Ohio Republican, POLITICO, Republican Party, Congressional, GOP, Trump, Democratic, National Republicans, Republican Locations: Ohio, Toledo, Lucas County, Ohio's, … — Lucas, Northwest Ohio, Afghanistan, Japan, Qatar, Washington, DC
CNN —The University of Alabama at Birmingham health system is pausing in vitro fertilization (IVF) treatment following an Alabama Supreme Court ruling that found frozen embryos are children, the health system said in a statement to CNN. UAB said it was pausing IVF treatments while it evaluates the court’s decision. In the sole full dissenting opinion to the decision, Alabama Supreme Court Justice Greg Cook warned of the potential consequences. Critics have also expressed concerns the ruling creates a road map that groups and legislators across the country who have previously targeted fertility treatments can now follow. “This cruel ruling, and the subsequent decision by UAB’s health system, are horrifying signals of what’s to come across the country,” she said in her Wednesday statement.
Persons: , , Greg Cook, ” Cook, , Barbara Collura, ” Collura, Critics, Organizations: CNN, The University of Alabama, Alabama Supreme, UAB, Alabama’s Medical, University of Alabama, Birmingham Locations: Birmingham, Alabama, UAB, Florida
Read previewThe House just passed a bill to expand the child tax credit , bringing the relief one step closer to parents. On Wednesday night, the House passed the Tax Relief for American Families and Workers Act of 2024 by a vote 357-70, which aims to boost the child tax credit, implement low-income housing credits and disaster relief, and give businesses an R&D tax break, among other things. AdvertisementThe legislation — a rare bipartisan feat — would both boost the child tax credit and offer GOP-friendly tax relief for businesses that invest in research and development, among other measures. The refundable child tax credit would be increased from $1,600 a child to $1,800 in 2023 and would rise to $2,000 by 2025. Some GOP lawmakers were upset with the expansion of the child tax credit, along with the advancement of the tax package while other conservative priorities remained stalled.
Persons: , Mike Johnson, Karine Jean, Pierre, Jean, Pierre said, Chip Roy, Jimmy Failla Organizations: Service, Relief, American Families and Workers, Business, GOP, Budget, Tax, White House Press, Fox, Senate Locations: Washington
Asia-Pacific markets are set to rise as investors await GDP and inflation data from around the region this week. Markets will also be watching the U.S. Federal Reserve's first rate decision of 2024, set to be released Wednesday stateside. This week's major events will be China's factory activity figures for January as well as Australia's fourth-quarter inflation figures on Wednesday. This will be last set of key data before the Reserve Bank of Australia's meeting on Feb. 5. On Wednesday, Taiwan and Hong Kong will also release their fourth-quarter GDP numbers.
Organizations: Opera, Vivid, U.S, U.S . Federal, Reserve Bank of Australia's Locations: Sydney, Australia, Asia, Pacific, U.S ., Taiwan, Hong Kong
The FAA subsequently grounded all models of the Boeing 737 Max 9 after the incident, leading to flight cancellations and frustration among airline executives. "Let me be clear: This won't be back to business as usual for Boeing," FAA Administrator Mike Whitaker said in a Wednesday statement. The agency has halted all further expansion production on Boeing 737 Max 9s until it is "satisfied" that the aircraft's quality control issues are resolved. In-house safety inspections of Alaska Airlines's fleet of Boeing 737 Max 9s following the initial incident revealed that there were "many" loose bolts found on the jets. The FAA's new safety guidelines for the 737 Max 9s come after a review of data stemming from 40 inspections of the grounded planes, the agency said.
Persons: , Mike Whitaker, Max, Whitaker, Stan Deal Organizations: Service, Boeing, Max, Alaska Airlines, Business, Federal Aviation Authority, FAA, National Transportation Safety Locations: Alaska Airlines's, Alaska
Read previewThe Boeing 737 Max 9 will return to the skies on Friday, three weeks after the Alaska Airlines blowout, the carrier announced Wednesday. According to Reuters, United Airlines — the biggest operator of the Max 9 with 79 of them — said it will start flying the jet again from Sunday. "It makes me angry," Alaska Airlines CEO Ben Minicucci told NBC. Not all the Max 9 jets will immediately return to service because some haven't been through the full inspection process yet. Alaska Airlines expects all its inspections to be completed over the next week.
Persons: , Max, Ben Minicucci, Scott Kirby, Mike Whitaker Organizations: Service, Boeing, Alaska Airlines, Business, Reuters, United Airlines —, Federal Aviation Administration, Portland International, National Transportation Safety, NBC, CNBC, FAA Locations: Alaska
Read previewThe Boeing 737 Max 9 saga has impacted more than 1,500 Alaska Airlines flights as the carrier said there will be cancelations through Friday. Friday also marks two weeks since the Flight 1282 blowout which prompted the Federal Aviation Administration to ground all 737 Max 9 jets with a door plug. Alaska Airlines has 65 such aircraft that operate between 110 to 150 flights a day, depending on the schedule. Advertisement"The ongoing grounding of the 737-9 Max continues to have a tremendous impact on our operation," Alaska Airlines said in a Wednesday statement. But Alaska Airlines canceled 158 flights on Wednesday at a rate of 24%, per FlightAware.
Persons: , Max, We're Organizations: Service, Boeing, Alaska Airlines, Business, Federal Aviation Administration, FAA, Horizon, Airlines Locations: FlightAware
(AP) — Montana's Supreme Court has rejected an attempt by the state's Republican governor to block a landmark climate ruling that said regulators must consider the effects of greenhouse gas emissions when issuing permits for fossil fuel development. Greg Gianforte and three state agencies to block the August ruling from District Court Judge Kathy Seeley while an appeal by the state is pending before the high court. The state high court ruling means Montana officials must “immediately comply” with Seeley's order pending the appeal, said Mark Bellinger, an attorney for Our Children's Trust, which represented the 16 young plaintiffs who brought the case. The Department of Environmental Quality has created a work group to discuss potential changes to how it uses the Montana Environmental Policy Act, which requires public input in fossil fuel and mining development. Last year's amendment by lawmakers forbid greenhouse gas emission analyses unless the federal government decided to regulate carbon dioxide as a pollutant.
Persons: HELENA, , Greg Gianforte, Kathy Seeley, Seeley, Seeley “, , Mark Bellinger, Chris Dorrington, “ We’re, ” Dorrington Organizations: Republican, Gov, Montana Department of Environmental, Energy, Montana Legislature, Republicans, Environmental Locations: Mont, Montana, Yellowstone, Laurel
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