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☆ Trump lender Axos plunges 15% after short-seller report flags real-estate loan risk
▼ + stars: | 2024-06-04 | by ( Filip De Mott | ) www.businessinsider.com time to read: +3 min

Axos Financial fell as much as 15% on Tuesday after Hindenburg Research announced a short position. The short bet stems from Axos' large exposure to commercial real estate. In a note, the research firm outlined that it's taken a short position in the lender, citing Axos' rising exposure to commercial real estate. AdvertisementTo compare with Axos, the noted cited that the average direct commercial real estate exposure among regional banks is 16.5% on loan books. CEO Greg Garrabrants also previously told Bloomberg that commercial real estate fears are overdone, and the risk is already reflected by Axos' stock price.

Persons: Axos, Hindenburg, —, Hindenburg's, Greg Garrabrants, Donald Trump Organizations: Axos, Hindenburg Research, Service, Securities and Exchange, Bloomberg, Trump Locations: California, Florida

☆ Airlines headed for record revenue in 2024 as travel soars, but profit margins remain thin
▼ + stars: | 2024-06-03 | by ( Natasha Turak | ) www.cnbc.com time to read: +2 min

The International Air Transport Association (IATA) raised its profit forecast for the airline industry in 2024 and predicts a record revenue of $996 billion. "With a record five billion air travelers expected in 2024, the human need to fly has never been stronger. DUBAI, United Arab Emirates — The International Air Transport Association raised its profit forecast for the airline industry in 2024 and predicts revenue of $996 billion — a record high and a 9.7% jump on the previous year. But while revenues and profits are enjoying tailwinds, expenses are also soaring, leaving profit margins thin, the IATA report said. Total expenses for global airlines are expected to reach $936 billion, according to the industry body's projections — a 9.4% annual increase and a record high.

Persons: Willie Walsh, Walsh Organizations: International Air Transport Association, United Arab Emirates, Airlines Locations: Dubai, DUBAI, United Arab

☆ Google leak reveals a list of past privacy mishaps, from recording children's voices to exposing user addresses in Waze, according to new report
▼ + stars: | 2024-06-03 | by ( Ana Altchek | ) www.businessinsider.com time to read: +4 min

Read previewA leaked copy of an internal Google database revealed thousands of privacy-related incidents from 2013 to 2018, according to a report from 404 Media published Monday. The leaked information, sent to 404 Media by an anonymous tipster, reveals flagged instances where Google's privacy guardrails may have failed. Another situation involved Google's Street View saving license plates due to an algorithm that detected text in images, according to the 404 Media report citing the leaked information. Few of the documented incidents were publicly reported, according to 404 Media. Google told Business Insider it implemented hundreds of new and additional protections over the last six years to ensure user security and privacy.

Persons: —, they're Organizations: Service, Media, Business, Google

☆ Opinion | Trump’s Whining About a Weaponized Justice System Is a Projection
▼ + stars: | 2024-06-03 | by ( Michelle Goldberg | ) www.nytimes.com time to read: +3 min

That is how we should understand Trump’s ranting in the wake of his 34 felony convictions last week. And as if to underline Biden’s refusal to interfere in Justice Department decisions, the federal prosecution of the president’s son Hunter Biden begins this week. In spinning this fantasy about Biden, Trump is telegraphing that, should he return to the White House, he will try to use the Justice Department in exactly the way he’s pretending it was used against him. In his telling, he never called for Hillary Clinton to be imprisoned, and magnanimously resisted the entreaties of others to punish her. “According to Sessions, the President asked him to reverse his recusal so that Sessions could direct the Department of Justice to investigate and prosecute Hillary Clinton,” the Mueller report said.

Persons: Trump, Donald Trump, Biden, ”, Alvin Bragg, Hunter Biden, Alexei Navalny, Vladimir Putin, Hillary Clinton, magnanimously, ‘ Lock, Mueller, Jeff Sessions, who’d, Clinton, “, Sessions, John Huber of Utah, Huber Organizations: Department, Biden, White, Justice Department, Fox News, Fox, Sessions, Department of Justice, Clinton Foundation Locations: Manhattan, Russian

☆ It’s hurricane season. Good luck getting affordable homeowners’ insurance
▼ + stars: | 2024-06-01 | by ( Samantha Delouya | ) edition.cnn.com time to read: +6 min

For decades, homeowners insurance was considered a very stable line of business for insurance companies, said Chuck Nyce, a professor of risk management and insurance at Florida State University. The US homeowners insurance industry saw net losses jump to $101.29 billion in 2023, according to the report. Only two of the 20 largest US homeowners’ insurance companies were profitable last year. Kaylee Greenlee Beal/ReutersWhile property insurance is not mandated by law, most lenders require it for mortgage holders. Last year, Florida’s state-backed Citizens Property Insurance Corp. became the 10th largest homeowners’ insurer in the US, S&P Global said.

Persons: it’s, aren’t, Chuck Nyce, Nyce, Mario Tama, ”, Lynne McChristian, policyholders, Greenlee Beal, Aris Papadopoulos Organizations: CNN, P Global, Florida State University, Volunteers, P, University of Illinois, Property Insurance Corp, Florida Locations: States, Arizona , Illinois, Utah, Lahaina , Hawaii, Hawaii, Urbana, Champaign, Florida, California, Louisiana, North Carolina, Texas, Houston, Florida’s

☆ Houthi rebel footage appears to show a downed US Reaper drone worth $30 million. It marked the third loss in a month, a report said.
▼ + stars: | 2024-06-01 | by ( Cameron Manley | ) www.businessinsider.com time to read: +5 min

Read previewAnother US MQ-9 Reaper drone came down in Yemen, images appear to show, marking the third loss during the conflict with Houthi rebels in the last month, an Associated Press report said. pic.twitter.com/pNeRJ5Kkei — Megatron (@Megatron_ron) May 29, 2024Houthi spokesman Yahya Saree claimed his fighters shot dow the US Reaper drone in northern Yemen. AP said it was the third report of a downing of an expensive Reaper drone in the last month. The news agency also approached the CIA regarding the downing of the Reaper drone, but it declined to comment. "The MQ-9 Reaper may not be survivable in an environment characterized by large-scale combat operations."

Persons: —, Houthis, Hou, tod, Rea, Ros Organizations: Service, Associated Press, US Navy, Business, dow, Uni, kr Locations: Yemen, Israel, Gaza

☆ Here are Friday's biggest analyst calls: Tesla, Nvidia, Apple, Rivian, Nio, Costco, Qualcomm
▼ + stars: | 2024-05-31 | by ( Michael Bloom | ) www.cnbc.com time to read: +6 min

Wells Fargo reiterates Nvidia as overweight Wells said it's standing by shares of Nvidia. Bank of America reiterates Apple as buy Bank of America said it's bullish on an iPhone with artificial intelligence features. "We maintain our Buy rating on Apple for its multi-year upgrade cycle, gross margin upside and secular services growth." Bank of America reiterates Dell as buy Bank of America said it's sticking with its buy rating on the stock following earnings. Morgan Stanley reiterates Nio as overweight Morgan Stanley said it's standing by its overweight rating on shares of Nio.

Persons: Oppenheimer, Morgan Stanley, Wells, Wynn, it's, Jefferies, Tesla, Dell, Wolfe, Alex Chriss, Rivian, Nio, robustly, Cantor Fitzgerald, Cantor, Rosenblatt Organizations: Beazer, Nvidia, MGM, " Bank of America, Apple, Bank of America, Edison International, Qualcomm, JPMorgan, Banks, PayPal, New, Citi, Lionsgate, Lionsgate Studios, UBS, Tesla, Resilience Locations: Macau, Las Vegas, California, Cincinnati, China, Nio, NetApp

☆ Ukraine's special forces have developed new tech that allows drones to fly without GPS, so Russia can't jam them: report
▼ + stars: | 2024-05-31 | by ( Sinéad Baker | ) www.businessinsider.com time to read: +1 min

Ukraine's special forces have developed new drone tech that Russia can't jam. Drones can now fly and hit targets without GPS or operator input, The Economist reported. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. AdvertisementUkraine's special forces have developed new software that allows drones to fly without the use of GPS, limiting the impact of Russian jamming. The software, called Eagle Eyes, allows unmanned drones to travel using sight rather than satellite-based GPS navigation, The Economist reported.

Persons: — Organizations: Service, Business Locations: Russia, Ukraine

☆ Why job skills could make or break your next interview
▼ + stars: | 2024-05-31 | by ( Greg Iacurci | ) www.cnbc.com time to read: +4 min

Nearly half, or 45%, of employers scrapped degree requirements for some roles in the past year, and 72% now prioritize skills over certificates in job candidates, according to the ZipRecruiter survey. The trend, which prioritizes a candidate's practical skills and real-world experience over formal education, appears to be "gaining momentum," according to ZipRecruiter. Meanwhile, hiring managers are being more explicit in job ads about the specific skills they seek in applicants, said Cory Stahle, an economist at the job site Indeed. What this means for job seekers"If the [job ad's] focus is on skills, the focus of your resume should be on skills as well," Stahle said. While skills should be "prominent" in such cases, that doesn't mean applicants should forgo traditional information, Stahle added.

Persons: Cory Stahle, Stahle, Indeed's Stahle Organizations: Getty, Harvard Business School, Glass, USA, Finance, Harvard Locations: U.S

☆ Asia's top 4 up-and-coming rental markets that may be challenging traditional property hubs
▼ + stars: | 2024-05-31 | by ( Ernestine Siu | In Ernestinesiu | ) www.cnbc.com time to read: +3 min

Bangkok, Thailand has seen an 18.1% growth in residential rental prices on a year-on-year basis, according to JLL. Alexander Spatari | Moment | Getty ImagesSingapore and Hong Kong are generally considered Asia's more vibrant real estate markets. But some up-and-coming cities are giving these traditional hubs a run for their money, with some even beating them on rental yields. The following four cities have led the recovery in rental growth in Asia so far this year:Bangkok, ThailandResidential rental growth in Q1 2024 (y/y): +18.1% Average price to rent: THB 8,292 (about $226) per square meter annually "Rental demand has been surging in Bangkok," Allan said. This rental growth has been influenced by the stronger rent prices recorded in new high-quality offerings in the city, according to the report.

Persons: JLL, Alexander Spatari, Hong Kong, Roddy Allan, Allan, Ho Organizations: Getty Images, realty, Pacific Chief, CNBC Locations: Bangkok, Thailand, Getty Images Singapore, Hong Kong, Hong, Ho Chi Minh City, Jakarta, Manila, Asia, Pacific, expats, Vietnam, Indonesia, Philippines

☆ Singapore Releases Initial Report on Deadly Turbulence That Hit Flight
▼ + stars: | 2024-05-30 | by ( Mike Ives | More About Mike Ives | ) www.nytimes.com time to read: 1 min

The severe turbulence that killed one passenger and injured dozens on a recent Singapore Airlines flight led to sudden changes in altitude and airspeed, Singapore’s Transport Ministry said on Wednesday. Flight SQ321 encountered turbulence about 10 hours into a 13-hour trip to Singapore from London last week, officials said. The turbulence hit as the plane was traveling over southern Myanmar at an altitude of 37,000 feet, the Transport Ministry said in a preliminary report on Wednesday. When the plane rose unexpectedly by 362 feet, probably because of an updraft, its autopilot pitched it downward, the report said. The plane also sped up unexpectedly around the same time, and the pilots manually hit a brake in response.

Organizations: Singapore Airlines, Transport, Transport Ministry Locations: Singapore, London, Myanmar

☆ The US Navy botched the design of its new $1 billion frigates: report
▼ + stars: | 2024-05-30 | by ( Ella Sherman | ) www.businessinsider.com time to read: +3 min

"The Navy had good reason to be optimistic that the frigate program was positioned to deliver capabilities on the schedule it promised," the report said. Advertisement"To reduce technical risk, the Navy and its shipbuilder modified an existing design to incorporate Navy specifications and weapon systems," the report said. "However, the Navy's decision to begin construction before the design was complete is inconsistent with leading ship design practices and jeopardized this approach." In addition to scheduling delays and the halting of ship construction, the Navy has yet to demonstrate frigate propulsion and machinery control systems. However, the report suggests that scheduling delays coupled with changes made to the frigate testing process may allow the Navy to test these two unproven systems on land.

Persons: — Organizations: Service, Navy, Business, US Navy, Office, Marinette Locations: Wisconsin

☆ Investigators reveal details about just how bad the deadly Singapore Airlines turbulence was
▼ + stars: | 2024-05-29 | by ( Grace Eliza Goodwin | Taylor Rains | ) www.businessinsider.com time to read: +3 min

Read previewThe turbulence on the deadly Singapore Airlines flight last week was so severe that the plane dropped 178 feet in just four seconds, investigators say. The report details just how suddenly the plane experienced a catastrophic drop, one of the worst turbulence incidents in recent history. The pilots reacted by disengaging the autopilot and manually stabilizing the aircraft for about 20 seconds before re-engaging the autopilot, investigators said. According to the report, the entire incident, from slightly rough air to deadly turbulence, lasted just one minute and two seconds. According to the investigators' report, once the pilots learned that passengers were injured, they diverted the flight to Bangkok.

Persons: —, it's Organizations: Service, Singapore Airlines, Transport Safety Investigation, Business, Associated Press, Passengers, Forbes Locations: London, Singapore, Myanmar, Bangkok

☆ Turbulence-hit Singapore Airlines flight fell 54 meters in less than five seconds, investigation finds
▼ + stars: | 2024-05-29 | by ( Sophie Kiderlin | In | ) www.cnbc.com time to read: +1 min

An Airbus A350-941 from Singapore Airlines is preparing to take off on the runway at Barcelona-El Prat Airport in Barcelona, Spain, on May 1, 2024. The Singapore Airlines flight that encountered severe turbulence on its way from London to Singapore dropped 54 meters in less than five seconds, preliminary findings released Wednesday showed. The Transport Safety Investigation Bureau of Singapore said the sharp altitude drop as well as changes to gravitational forces likely caused the injuries. This sequence of events likely caused the injuries to the crew and passengers," the report said Wednesday. The changes in gravitational forces "likely resulted in the occupants who were not belted up to become airborne," the report said.

Organizations: Airbus, Singapore Airlines, El, Transport Safety Investigation Locations: Barcelona, Spain, London, Singapore

☆ Chinese travelers are opting for lower-cost domestic destinations over foreign tourist spots
▼ + stars: | 2024-05-29 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +3 min

Nurphoto | Nurphoto | Getty ImagesBEIJING — Chinese travelers are increasingly opting for cheaper domestic destinations over foreign tourist spots. The top reason for preferring their home country was "abundant domestic travel options," the survey found, followed by "too costly" international travel. Local tourism has been a bright spot in China's recovery from Covid-19 controls that ended in late 2022. watch nowDuring a public holiday this year from May 1 to May 5, domestic tourism trips and revenue surged versus pre-pandemic levels in 2019, official data showed. Local authorities said performing arts subsidies from the local governments helped generate 48.3 million yuan in ticket sales to 230,000 people, stimulating about 460 million yuan in economic activity.

Persons: Oliver Wyman, Trip.com, Ashley Dudarenok, Ashley Dudarenok ChoZan Organizations: Nurphoto, Getty, International, CNBC, China Locations: China's Guizhou province, BEIJING, China, Hong Kong, Japan, Covid, Yangzhou, Luoyang, Qinhuangdao, Guilin, Zibo, U.S, Xi'an, Guangxi, Nanjing

☆ China is developing systems to hunt US submarines from the air
▼ + stars: | 2024-05-29 | by ( Michael Peck | ) www.businessinsider.com time to read: +7 min

China is developing new systems to hunt the US nuclear-powered submarines that could threaten a Chinese invasion of Taiwan, according to a new report. Also significant is that Chinese airborne sub hunters are tasked with protecting Chinese ballistic missile submarines as they sail to their patrol and launch locations. Current Chinese sonobuoys require "a complicated and labor-intensive series of manual button presses to configure sonobuoy parameters such as radio working frequency, working depth, working time, and pulse form to fit maritime conditions before deployment." "PLAN ASW units are training under more realistic conditions, and breaking down administrative barriers which prevented them from generating more training opportunities in different operational environments." AdvertisementFor example, since 2015, training materials have stressed the need for ASW aircraft and ships to work closely together, which is standard practice in the US and Western navies.

Persons: Eli Tirk, Daniel Salisbury, Tirk, Deanna C, Michael Peck Organizations: Service, Business, People's Liberation Army Navy, Taiwan, China Maritime Studies, Naval War, PLAN, US Navy, China Electronics Technology Group Corporation, Aviation Industry Corporation of China, Defense, Foreign Policy, Rutgers Univ, Twitter, LinkedIn Locations: China, Taiwan, Japan, Salisbury, America, Forbes

☆ Harvard Says It Will No Longer Take Positions on Matters Outside of the University
▼ + stars: | 2024-05-28 | by ( Vimal Patel | ) www.nytimes.com time to read: +1 min

Harvard said on Tuesday that it would now avoid taking positions on matters that are not “relevant to the core function of the university,” accepting the recommendations of a faculty committee that urged the university to dramatically reduce its messages on issues of the day. If put into practice, Harvard would no longer issue official statements of empathy, which it did for Ukraine, after the Russian invasion, and for the victims of the Oct. 7 Hamas attacks in Israel, for example. “Issuing official statements of empathy, runs the risk of appearing to care more about some places and events than others,” the report said. “And because few, if any, world events can be entirely isolated from conflicting viewpoints, issuing official empathy statements runs the risk of alienating some members of the community by expressing implicit solidarity with others.”The university’s Institutional Voice Working Group, made up of eight faculty members, issued the report, with a set of principles and a recommended path forward, which the administration and governing board accepted.

Persons: Harvard Organizations: Harvard Locations: Ukraine, Israel

☆ Starbucks is set to resume union negotiations as it confronts issues at its stores
▼ + stars: | 2024-05-28 | by ( Kate Rogers | ) www.cnbc.com time to read: +7 min

Spencer Platt | Getty ImagesWhen Starbucks and its baristas union resume contract bargaining this week, workers may have renewed momentum at their backs — courtesy of the company's own CEO. Narasimhan, in prepared remarks to Wall Street analysts, cited some of the challenges that union workers have been highlighting in their bid for better working conditions. For Workers United, the union behind the Starbucks organizing, his admission that more could be done was promising. Starbucks and the union are meeting to continue working on the framework that will inform every single-store contract moving ahead. There has been another call for change at Starbucks stores that may carry weight at the negotiating table.

Persons: Spencer Platt, Laxman Narasimhan, we're, Narasimhan, CNBC's, Kevin Johnson, baristas, Michelle Eisen, Eisen, we've, Howard Schultz, Schultz, Howard Organizations: Getty, Starbucks, Wall Street, U.S, Workers United, Staffing, CNBC Locations: New, Buffalo , New York, Buffalo

☆ Russia is producing shells 3 times faster than Ukraine's NATO allies, and for less: report
▼ + stars: | 2024-05-28 | by ( Tom Porter | ) www.businessinsider.com time to read: +1 min

Russia is producing shells 3 times faster than Ukraine's allies, a report said. The report said Russia was also producing shells more cheaply. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementRussia is producing artillery shells faster and at a lower price than Ukraine's NATO allies, a report found. By comparison, the US, the UK, and other European allies are expected to produce 1.3 million this year.

Persons: — Organizations: Service, NATO, Bain & Company, Sky News, Business Locations: Russia, Ukraine

☆ North Korea says its latest satellite launch exploded in flight
▼ + stars: | 2024-05-27 | by ( ) www.cnbc.com time to read: +3 min

North Korean technicians check the Unha-3 rocket at the Sohae Satellite Launch Station in Tongchang-Ri on April 8, 2012. North Korea said its attempt to launch a new military reconnaissance satellite ended in failure on Monday when a newly developed rocket engine exploded in flight. North Korea fired the projectile on a southern path off its west coast at around 10:44 p.m. (1344 GMT), the South's Joint Chiefs of Staff said. The launch appeared to originate from Dongchang-ri, a northwestern area of the country where North Korea's main space flight centre is based, JCS said. Japan said over its J-Alert broadcasting system that North Korea appeared to have fired a missile, sending out the warning to residents in southern prefecture of Okinawa.

Persons: Yoshimasa Hayashi, Hayashi Organizations: North Korea's National Aerospace Technology Administration, South's, Chiefs, Staff, North, NHK Locations: Tongchang, North Korea, Pyongyang, North, South Korea, Japan, China, Dongchang, Korean, Korea, Okinawa

☆ The FBI is looking at whether stolen items from the British Museum ended up in the hands of US eBay buyers: report
▼ + stars: | 2024-05-27 | by ( Sinéad Baker | ) www.businessinsider.com time to read: +1 min

The FBI is helping investigate stolen items from the British Museum, per the BBC. It's investigating if items from the museum were sold to US buyers, the report said. This includes items bought off eBay that may have come from the museum's collection. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementThe FBI is investigating the potential sale of hundreds of items stolen from the British Museum to American buyers, including some sold on eBay, the BBC reported.

Persons: — Organizations: FBI, British Museum, eBay, Service, BBC, Business Locations: London

☆ Aramco share sale planned for summer could net Saudi Arabia a welcome $10 billion amid its Neom project struggles
▼ + stars: | 2024-05-27 | by ( Polly Thompson | ) www.businessinsider.com time to read: +3 min

Read previewSaudi Arabia looks set for a multibillion-dollar share sale in its state oil company, Saudi Aramco. AdvertisementThe government of Saudi Arabia remains the largest shareholder in Aramco, which is the world's largest oil company by market cap. AdvertisementThe kingdom has embarked on a number of "gigaprojects" as part of the 2030 plan, including its Neom megacity. But recent reports suggest Saudi Arabia has been seeking to borrow funds for the project, while also scaling back population estimates for The Line. In January, it said that its cash as of September had dropped to around $15 billion — the lowest level since December 2020, The Wall Street Journal reported.

Persons: —, Prince Mohammed bin Salman's Organizations: Service, Reuters, Business, Aramco, Saudi Aramco, Saudi, Public Investment Fund, Bloomberg, Street Journal Locations: Saudi Arabia, Saudi Aramco, Aramco, Saudi

☆ Silicon Valley doesn't seem to be buying Sam Altman's NDA pleas
▼ + stars: | 2024-05-27 | by ( Jyoti Mann | ) www.businessinsider.com time to read: +3 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewSilicon Valley types are skeptical about whether Sam Altman knew OpenAI had non-disparagement clauses in its exit agreements. The claims against OpenAI didn't go down well in the tech community, and some were unconvinced that Altman was being entirely honest. AdvertisementVox published a document showing the OpenAI chief signed incorporation documents for the holding company that handles OpenAI's equity. Meta researcher Soumith Chintala praised the follow-up Vox report, saying it brought "receipts that it wasn't just some standard exit paperwork from OpenAI."

Persons: —, Sam Altman, OpenAI, Vox, X, i've, OpenAI didn't, Altman, Naveen Rao, didn't, Neel Nanda, Nils Reimers, Soumith Chintala, Jacob Hilton, wouldn't, Hilton Organizations: Service, Tech, Business, Google, OpenAI Locations: OpenAI, Cohere

☆ American parents with young children say they haven't felt this financially insecure in nearly a decade. Here's why.
▼ + stars: | 2024-05-26 | by ( Lauren Edmonds | ) www.businessinsider.com time to read: +3 min

Read previewThe financial well-being of American parents with young children is plummeting, highlighting how unaffordable childcare costs have become. Advertisementathima tongloom/Getty ImagesThe percentage of parents with children under 18 who felt "okay financially" dropped from 69% in 2022 to 64% in 2023. Data from the Federal Reserve shows that parents haven't felt this financially insecure since 2015, when it recorded 65%. "The median monthly amount that parents using paid care paid for childcare was $800. Business Insider estimated that it could cost parents nearly $26,000 a year to care for one child in 2024 — a 41.5% increase from 2016.

Persons: —, athima, haven't Organizations: Service, Federal Reserve, Household Economics, Decisionmaking, Business, of America, New Zealand Locations: United States

☆ Qatar Airways: 12 people injured during turbulence on Doha-Dublin flight
▼ + stars: | 2024-05-26 | by ( Sophie Tanno | Catherine Nicholls | ) edition.cnn.com time to read: +3 min

CNN —Twelve people were injured after a Qatar Airways flight from Doha to Dublin was hit with turbulence on Sunday. According to a statement from Dublin Airport, six passengers and six crew members were injured in the incident, eight of which were taken to hospital following assessment. The Qatar Airways flight QR017 experienced turbulence while flying over Turkey, the statement said. It is not yet known what kind of turbulence the Qatar Airways plane experienced. An earlier version also misstated the number of the Qatar Airways flight that experienced turbulence.

Persons: ”, Paul Williams, ” Williams Organizations: CNN, Qatar Airways, Dublin Airport, Singapore Airlines, University of Reading Locations: Doha, Dublin, Turkey, London, Singapore, United Kingdom

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