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☆ India bus crash: At least 36 dead after overcrowded bus skids into deep gorge
▼ + stars: | 2024-11-04 | by ( Story Associated Press | ) edition.cnn.com time to read: +2 min

Lucknow, India AP —A poorly maintained and overcrowded bus veered off the road and plunged into a deep gorge in northern India on Monday, killing at least 36 people and injuring several others, officials said. The bus was carrying around 60 people, and more than 20 have been injured, said Deepak Rawat, a senior state government official. He added that preliminary information suggested that the dilapidated bus skidded before tumbling down a 60 meter- (200-foot-) -deep gorge. In July, at least 18 people died after a double-decker passenger bus collided with a milk truck in Uttar Pradesh state. In May, a bus carrying Hindu pilgrims skidded and rolled into a deep gorge on a mountainous highway in Indian-controlled Kashmir, killing at least 21 people.

Persons: Deepak Rawat, Pushkar Singh, Vineet Pal, Pal Organizations: India AP, Authorities Locations: Lucknow, India, Almora district, Uttarakhand, Uttar Pradesh, Kashmir

☆ Wall Street’s Turbulent Week Ends With Another Drop
▼ + stars: | 2024-08-02 | by ( Danielle Kaye | More About Danielle Kaye | ) www.nytimes.com time to read: 1 min

Stocks skidded on Friday, capping off a turbulent week for Wall Street, as investors were jolted by data showing that hiring slowed and unemployment rose in July. The S&P 500 fell 2.4 percent within the hour after the jobs report was released, while the tech-heavy Nasdaq dropped 3 percent. Yields on government bonds, which are sensitive to expectations for the economy, dropped sharply, and oil prices were lower too. The U.S. economy added 114,000 jobs on a seasonally adjusted basis, much fewer than economists had expected and a significant drop from the average of 215,000 jobs added over the previous 12 months. The unemployment rate rose to 4.3 percent, the highest level since October 2021.

Organizations: Wall, Federal Reserve, Nasdaq Locations: U.S

☆ Crew mistakes and inadequate safety standards led to the crash that destroyed a $450 million B-1B bomber, an Air Force probe found
▼ + stars: | 2024-07-25 | by ( Thomas Novelly | ) www.businessinsider.com time to read: +5 min

AdvertisementThe charred remains of the B-1B Lancer after it crashed near the runway of Ellsworth Air Force Base. US Air Force Aircraft Accident Investigation BoardThe four crew members all ejected, but two of them suffered injuries as a result. Both were medically treated and later released, according to Air Force Global Strike Command, which commissioned the crash investigation report. AdvertisementAircrew members prepare a B-1B Lancer for deployment at Ellsworth Air Force Base at night. An aircrew member directs a B-1B Lancer onto the runway at Ellsworth Air Force Base in South Dakota.

Persons: —, Military.com, Ellsworth, Jake Jacobsen, Erick Lord, Dylan Maher, JF Joseph Organizations: Service, Ellsworth Air Force Base, Business, Lancers, Dyess Air Force Base, US Air Force Aircraft, Air Force Global Strike Command, Lancer, Air Force Global, Command, US Air Force, Staff, Ellsworth Air Force, 34th Bomb Squadron, Operations Support Squadron, Marine Corps Locations: South Dakota, Abilene , Texas

One person survived the Saurya Airlines crash, the Civil Aviation Authority said in a statement. The Saurya Airlines plane caught fire at the airport in Kathmandu, Nepal on July 24, 2024. Last year, Nepal saw its worst plane crash in more than 30 years when at least 68 people died when a Yeti Airlines flight went down near Pokhara. In early 2018, a US-Bangla Airlines flight from Bangladesh’s capital Dhaka to Kathmandu crashed on landing and caught fire, killing 51 people. And in 2016, a Tara Air flight crashed while flying the same route as the 2023 crash.

Persons: Gyanendra, Navesh Chitrakar, Sujan Gurung Organizations: CNN, Saurya Airlines, Civil Aviation Authority, Nepal, Tribhuvan International Airport, Aircraft, International, Yeti Airlines, Bangla Airlines Locations: Yemeni, Kathmandu, Pokhara, Nepal, Dhaka

☆ Nepal just suffered another fatal plane crash. Its aviation safety record is so poor that all its airlines are banned from flying to most of Europe.
▼ + stars: | 2024-07-24 | by ( Nora Redmond | ) www.businessinsider.com time to read: +1 min

18 people have died after a small passenger plane crashed during takeoff in Kathmandu, Nepal. Nepal has a poor aviation safety record and all of its airlines are banned from European airspace. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Advertisement18 people have died after a small passenger airplane crashed during takeoff in Nepal's capital city, Kathmandu. This story is available exclusively to Business Insider subscribers.

Persons: — Organizations: Service, Saurya Airlines, Business Locations: Kathmandu, Nepal, Pokhara

☆ Small plane loses power, skims suburban rooftops before making crash landing on belly
▼ + stars: | 2024-05-27 | by ( Kathleen Magramo | ) edition.cnn.com time to read: +1 min

CNN —A pilot and passenger emerged unscathed from a light plane that made a dramatic crash landing in Australia after flying perilously close to houses in suburban Sydney. “It was gliding, there was no power,” pilot Jake Swanepoel told Nine News. Ground staff dashed to assist them, but Swanepoel and his partner Karin climbed out of the aircraft unscathed. “We didn’t think we were going to make this landing strip here,” Karin told Nine News. The Australian Transport Safety Bureau told CNN that it is gathering further information about the landing before deciding whether to launch an investigation.

Persons: Jake Swanepoel, Swanepoel, Karin, ” Karin, who’s, ” Organizations: CNN, Cessna, Nine, Nine News, Bankstown Airport, Australian Transport Safety Bureau, . Nine Locations: Australia, Sydney, Sydney’s, “, Sydney's

☆ Dollar sags as slower U.S. inflation boosts rate cut expectations
▼ + stars: | 2024-05-16 | by ( ) www.cnbc.com time to read: +3 min

The dollar skidded to multi-month lows on Thursday after U.S. core inflation hit its slowest in three years and retail sales turned flat, which pulled forward expectations for rate cuts in the world's biggest economy. The dollar skidded to multi-month lows on Thursday after U.S. core inflation hit its slowest in three years and retail sales turned flat, which pulled forward expectations for rate cuts in the world's biggest economy. Stocks and other risk-sensitive assets such as the Australian dollar led gains in the wake of the data release. The New Zealand dollar hit a two-month high at $0.6131. Softer-than-expected retail sales figures, which were flat last month instead of the 0.4% gain that economists had forecast, reinforced the newfound confidence in rate cuts.

Persons: Sterling, Bart Wakabayashi, China's, Bitcoin Organizations: Australian, New Zealand, U.S, State, European Central Bank Locations: Asia, Tokyo, Treasuries

☆ Jeannie Epper, Stunt Double to the Stars, Is Dead at 83
▼ + stars: | 2024-05-11 | by ( Penelope Green | ) www.nytimes.com time to read: +1 min

Jeannie Epper had at least 100 screen roles, maybe even 150 — no one is quite sure. But because she was a stunt double, galloping on horseback, crashing cars and kicking down doors for the stars of films and television shows, hers was not a household name. In her heyday, however, Ms. Epper was ubiquitous. She hurtled through the air most weeks as Lynda Carter’s stunt double on the hit television series “Wonder Woman” and mimed Ms. Carter’s leggy lope. Ms. Epper, whose bruising career spanned 70 years, died on Sunday at her home in Simi Valley, Calif. She was 83.

Persons: Jeannie Epper, Epper, Lynda Carter’s, Carter’s leggy lope, Kathleen Turner’s, Michael Douglas, Linda Evans, Joan Collins, Shirley MacLaine’s, ”, Jack Nicholson’s Locations: Gulf of Mexico, Simi Valley, Calif

☆ Boeing cargo plane lands without front nose gear in Istanbul; investigation launched
▼ + stars: | 2024-05-09 | by ( Natasha Turak | ) www.cnbc.com time to read: +1 min

A general view of a FedEx Airlines Boeing 767 BA.N cargo plane, that landed at Istanbul Airport on Wednesday without deploying its front landing gear but managed to stay on the runway and avoid casualties, on a runway in Istanbul, Turkey, May 8, 2024. An investigation is underway after a FedEx Airlines Boeing 767 cargo plane was forced to make an emergency landing without its front landing gear at Istanbul Airport, after the aircraft's nose gear failed to deploy. The plane managed to stay on the runway, and there were no casualties, according to Turkey's Ministry of Transport. The ministry said that the cargo jet, flying from Paris' Charles de Gaulle Airport, alerted the Istanbul Airport control tower that its landing gear was not opening and was able to land with guidance from the tower, according to reporting from Reuters. The ministry also said that its teams were carrying out examinations at the scene, while the U.S. National Transport Safety Board (NTSB) announced it will send its own investigators to Istanbul.

Persons: Charles de Gaulle Organizations: FedEx Airlines Boeing, Istanbul Airport, Turkey's Ministry of Transport, Reuters, U.S . National Transport Safety Board Locations: Istanbul, Turkey, Paris, U.S

☆ Plane skids off runway in Senegal, injuring at least 10
▼ + stars: | 2024-05-09 | by ( ) www.cnbc.com time to read: +1 min

Boeing 737 of Transair en route to Bamako skids off runway at Dakar International Airport in Senegal on May 09, 2024. A plane with dozens of passengers skidded off a runway before takeoff at Senegal's main airport on Thursday, injuring at least 10 people and bringing the facility temporarily to a halt, the airport and Senegalese transport ministry said. Night-time videos shared on social media showed passengers running away from a plane whose left wing appeared to be on fire. The airport said 78 passengers were on board and 11 people were wounded in the accident, including four serious injuries. The transport ministry said the plane was carrying 79 passengers and reported 10 people were wounded, including one of the plane's two pilots.

Persons: Blaise Diagne Organizations: Boeing, International, Air Senegal Locations: Bamako, Senegal, Mali

☆ What stalled this year’s seemingly infallible stock market rally
▼ + stars: | 2024-04-19 | by ( Krystal Hur | ) edition.cnn.com time to read: +7 min

Investors had hoped that corporate earnings would help revive the stalled rally, but a strong start to the season hasn’t been enough to excite investors. The 30-year fixed-rate mortgage averaged 7.10% in the week ending April 18, up from 6.88% the previous week, according to Freddie Mac data released Thursday. Mortgage rates are climbing based on expectations that the Federal Reserve won’t cut interest rates anytime soon. The Fed doesn’t directly set mortgage rates, but its actions do influence them, and persistently hot inflation readings are keeping the Fed on hold. If inflation stalls any further, or even worsens, mortgage rates could climb higher this year.

Persons: —, hasn’t, Jerome Powell, “, ”, Michael Landsberg, Pierre, Olivier Gourinchas, Israel, Brent, Bryan Mena, Freddie Mac, Sam Khater, Freddie Mac’s, Read, Anna Cooban, Tim Cook, Pham Minh Chinh, Cook, Apple “ Organizations: CNN Business, Bell, New York CNN, Dow Jones, Nasdaq, Federal Reserve, Data, Employers, Fed, Landsberg Bennett, Wealth Management, Monetary Fund, Treasury, Investors, CNN, Federal, China Apple, Vietnamese, Apple Locations: New York, East, Iran, Israel, Syria, Vietnam, China, Hanoi, Beijing

☆ 100,000 Live Salmon Spilled Off a Truck. Most Landed in a Creek and Lived.
▼ + stars: | 2024-04-03 | by ( Christine Hauser | ) www.nytimes.com time to read: +1 min

On a recent morning in March, while dew was still on the road, there occurred the salmon smolt mishap of Northeast Oregon. It was about 10:30 a.m., early enough for there to be dew on the road. After navigating a sharp corner, the 53-foot tanker, which was carrying about 102,000 fish, rolled onto its passenger side, skidded, went down a rocky embankment and flipped onto its roof. Tens of thousands of live fish were hurled out of the truck and swept into the Lookingglass Creek or onto its banks. The young salmon, or smolts, lucky enough to drop into the creek are expected to persevere in their migration from the Grande Ronde River to the ocean.

Organizations: The Oregon Department of Fish, Wildlife Locations: Northeast Oregon, Elgin , Ore, skidded, Grande

☆ Flying is getting scary. But is it still safe?
▼ + stars: | 2024-03-24 | by ( Chris Isidore | ) edition.cnn.com time to read: +9 min

Another Boeing jet plunged so severely that passengers were thrown onto the ceiling of the cabin, leaving dozens so injured they need to be hospitalized upon landing. Carlos Avila Gonzalez/The San Francisco Chronicle/Getty Images/FileHowever, other forms of flying are not nearly as safe. “Taking the Max out of the equation, (flying has) been proven to be pretty darn safe,” he said. A year ago, the discussion about air safety wasn’t focused on Boeing planes. “The gold standard is melting down, because we continue to try to downplay everything and talk about how safe the system is.

Persons: Kardashian, ”, Anthony Brickhouse, “, it’s, Carlos Avila Gonzalez, Ed Pierson, Max, Pierson, ” Brickhouse, We’ve, That’s, Brickhouse Organizations: New, New York CNN, Alaska Airlines, Boeing, Japanese Coast Guard, Embry, Riddle Aeronautical University, Asiana Airlines, San Francisco International, San Francisco Chronicle, Railroads, Amtrak, Foundation for Aviation Safety, Max, Alaska Air, National Transportation Safety Board, FedEx, an Air Canada, San Francisco International Airport, NTSB, Air Canada, “ Pilots Locations: New York, Tokyo, Buffalo , New York, United States, San Francisco, Southwest, Alaska, “, Hawaii

Tokyo’s Nikkei 225 index rose 0.7% to 40,003.60, while the dollar rose to 150.35 Japanese yen from 149.14 yen. Australia's S&P/ASX 200 added 0.4% to 7,703.20 after Australia’s central bank kept its benchmark interest rate steady at 4.35% for a third consecutive meeting. This week's highlight for Wall Street will likely be the Federal Reserve’s meeting on interest rates, which ends on Wednesday. The widespread expectation is for the central bank to hold its main interest rate steady at its highest level since 2001. But Fed officials will also give updated forecasts for where they see interest rates heading this year and in the long run.

Persons: Australia's, Tesla, Stephen Scherr, Wayne “ Gil ”, He’s, It's Organizations: Bank of Japan, Nikkei, Reserve Bank, Bank of England, Dow Jones, Nasdaq, Nvidia, Big Tech, Hertz Global Holdings, Cruise, Delta Air Lines, Boeing, Workers, New York Mercantile Exchange, Brent Locations: BANGKOK, Asia, Shanghai, Seoul, U.S, Oregon, San Francisco

CNN —A United Airlines flight was forced to return to Sydney just two hours into its nearly 14-hour journey to San Francisco, in the carrier’s fifth flight incident in seven days. The Boeing 777-300 aircraft, carrying 183 passengers and crew, was redirected due to a “maintenance issue,” according to a statement from United Airlines. We provided accommodation overnight for passengers and rebooked them to San Francisco,” the airline added. The incident Monday on United flight 830 is the latest in a string of incidents to hit the US airline in recent days. US aircraft manufacturer Boeing is also under intense scrutiny following a series of quality and safety issues.

Organizations: CNN, United Airlines, Boeing, United, United Airlines aircraft, US Locations: Sydney, San Francisco, Mexico City, Los Angeles

☆ Watch as a plane skids off a runway and into the snow at a Lithuanian airport
▼ + stars: | 2024-02-06 | by ( Hannah Getahun | ) www.businessinsider.com time to read: +2 min

The Airbus 320 model, belonging to the airline carrier Avion Express, veered off to the right as it landed at Vilnius Airport but slowly returned to the runway. Representatives for Vilnius Airport confirmed that videos circulating online were of the incident. AdvertisementVilnius Airport ceased operations for hours following the incident to inspect the runway but resumed flights soon after. "Please be informed that following the incident this afternoon, the runway at Vilnius Airport will be reopened for operations from 17:00, and flights will continue as normal," the airport wrote on Saturday. Representatives for Vilnius Airport told Business Insider they had no further information to provide.

Persons: skidding, —, skidded, Communications Rolanda Lipneviciute Organizations: Service, Airbus, Avion Express, Vilnius Airport, Facebook, Ministry, Justice, Business, Avion, Communications Locations: Milan, Vilnius, Lithuanian, Republic of Lithuania, Lithuania

BANGKOK (AP) — Asian shares were mixed on Thursday after Wall Street fell to its worst loss since September as the Federal Reserve indicated cuts to interest rates are not imminent. On Wednesday, Big Tech stocks burned by the downside of high expectations triggered a sharp slide. The slide for Big Tech stocks dragged the Nasdaq composite to a market-leading loss of 2.2%. The Dow Jones Industrial Average, which has less of an emphasis on tech, fell a more modest 0.8%, to 38,150.30. Three more Big Tech stocks will report results on Thursday: Amazon, Apple and Meta Platforms, the parent company of Facebook and Instagram.

Persons: Dan Ives, ” Tesla, Elon Musk, “ We’re, ”, Jerome Powell, “ It’s, Powell Organizations: Federal Reserve, Nikkei, Big Tech, Nasdaq, Dow Jones, Microsoft, Wedbush Securities, ”, Apple, Facebook, Fed, Wednesday, Treasury, ADP Research, U.S, New York Mercantile Exchange, Brent Locations: BANGKOK, U.S, Shanghai, Seoul, Australia, India, Louvre, Delaware

He said shots suddenly hit the back of the truck, striking Abdel Jabbar. Hafeth Abdel Jabbar said that when he arrived, he found his son’s lifeless body in the pickup, amid shattered glass and blood stains. They jumped in the family truck and headed out, he said, but realized they'd forgotten charcoal. Later Tuesday, investigators took the truck, Abdel Jabbar said. Also Tuesday, Abdel Jabbar said, he accompanied Salameh to provide witness testimony to Israeli investigators.

Persons: Mohammed Salameh's, Tawfic Abdel Jabbar, “, ” Salameh, Abdel Jabbar, Salameh —, Abdel Jabbar's, Hafeth, Mazra’a, Sharquiya —, Salameh, Hafeth Abdel Jabbar, —, wasn't, ” Hafeth, Abdel Jabbar family's, Tawfic, Yesh Din, Rami, Mona, Joe Biden's, ” Mona Abdel Jabbar, ” Organizations: West Bank, Associated Press, Bank, Police, AP, U.S, West Locations: American, Louisiana, Al, Israel, Ramallah, Mona, Gretna , Louisiana, West Bank

☆ Fighting Intensifies in Ukraine's East as Russia Steps up Offensive Action
▼ + stars: | 2024-01-17 | by ( Jan. | At A.M. | ) www.usnews.com time to read: +2 min

NEAR BAKHMUT, Ukraine (Reuters) - Ukrainian artillery forces fighting near the Russian-occupied city of Bakhmut say Russian troops are constantly making offensive assaults as fighting intensifies and Kyiv waits for more military aid from the West. Ukrainian forces have taken up a more defensive stance in many areas of the snow-bound front after a counteroffensive last year was unable to break through heavily-defended Russian lines in the occupied south and east. The enemy constantly tries to conduct offensive actions," said Mykhailo, a fighter for Ukraine's 92nd separate assault brigade. "Foreign weapons were not designed to work under such weather conditions," Mykhailo said, adding that vehicles were getting stuck in swamps. "In order to advance, to move the front line, we need ammunition, we need more man power, we need weapons.

Persons: Mykhailo, Bakhmut, Pavlo, Inna Varenytsia, Tom Balmforth, Angus MacSwan Organizations: Reuters, Ukrainian, West, European Union Locations: BAKHMUT, Ukraine, Russian, Bakhmut, Ukrainian, Russia, Lyman, United States, Kyiv

☆ Stock Market Today: Futures Slip; Chinese Stocks Sink
▼ + stars: | 2023-12-05 | by ( ) www.wsj.com time to read: +1 min

That appears to be the verdict of stock investors, who sent the CSI 300 Index down 1.9% to its lowest level in almost five years. Adding to the gloom: after Chinese markets closed, Moody’s Investors Service cut its outlook on the country’s credit rating to negative . The ratings company said financial lifelines extended by the government to distressed regions and companies are harming the economy. China’s lackluster growth since the end of pandemic lockdowns has weighed on the stock market: The CSI 300 has fallen about 12% this year. Trading at about $79 a barrel, benchmark Brent crude was on track to snap a three-day losing streak.

Persons: Hong, Dow Organizations: CSI, Moody’s, Service, Dow industrials, Nasdaq, Brent Locations: China

☆ Tesla's China-made EV sales fall 17.8% in Nov, biggest drop since Dec 2022
▼ + stars: | 2023-12-04 | by ( ) www.reuters.com time to read: +2 min

BEIJING/SHANGHAI, Dec 4 (Reuters) - Sales of U.S. automaker Tesla's (TSLA.O) China-made electric vehicles (EVs) skidded 17.8% in November from the same month a year earlier, to 82,432 cars, China Passenger Car Association (CPCA) data showed on Monday. That marked the biggest fall since December 2022 when Tesla's sales of China-made EVs fell 21% on the year as the U.S. automaker reduced output and cut prices to deal with rising inventories and weakening demand. Xi expressed his support for Tesla's development in China, the automaker said in a Weibo post. Li Auto (2015.HK) last month said mass production and delivery of its first full EV are scheduled for February. Smartphone maker Xiaomi (1810.HK) has also moved closer to EV production, with a unit of automaker BAIC Group (1958.HK) applying for regulatory approval to build two Xiaomi-branded cars.

Persons: Tesla's, EVs, BYD, Tesla, Elon Musk's, Musk, Xi Jinping, Xi, Li Auto, Qiaoyi Li, Zhang Yan, Brenda Goh, Bernadette Baum, Kirsten Donovan Organizations: U.S, China Passenger Car Association, APEC, Reuters, Li, HK, BAIC Group, Thomson Locations: BEIJING, SHANGHAI, China, San Francisco, Weibo

☆ Tesla's China-made EV sales skid 17.8% on year in November
▼ + stars: | 2023-12-04 | by ( ) www.reuters.com time to read: 1 min

BEIJING, Dec 4 (Reuters) - Sales of U.S. automaker Tesla (TSLA.O)'s China-made electric vehicles skidded 17.8% in November from the same month a year earlier, to 82,432 cars, China Passenger Car Association (CPCA) data showed on Monday. Deliveries of China-made Model 3 and Model Y cars rose 14.3% from October. Chinese rival BYD (002594.SZ), with its Dynasty and Ocean series of EVs and petrol-electric hybrid models, saw passenger vehicle deliveries set another record at 301,378 vehicles, up 0.09% from October and up 31% from a year earlier. Reporting by Qiaoyi Li, Zhang Yan and Brenda Goh; Editing by Christopher Cushing and Bernadette BaumOur Standards: The Thomson Reuters Trust Principles.

Persons: Tesla, BYD, Qiaoyi Li, Zhang Yan, Brenda Goh, Christopher Cushing, Bernadette Baum Organizations: U.S, China Passenger Car Association, Thomson Locations: BEIJING, China

☆ Stocks maintain November reign, oil nagged by OPEC doubts
▼ + stars: | 2023-11-23 | by ( Marc Jones | ) www.reuters.com time to read: +5 min

[1/2] The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, November 22, 2023. Traders were getting their moves in despite the annual U.S. Thanksgiving holiday scything volumes but there was plenty to keep them busy while they did it. Wall Street's benchmark S&P 500 (.SPX) is nearing a fresh high for 2023 and both it and MSCI's all-country world index (.MIWD00000PUS) are both up more than 8% this month alone. For the MSCI world index, that is the best showing since November 2020 when COVID-19 vaccine hopes were driving markets wild. Reporting by Marc Jones; Editing by Christina Fincher and Jonathan OatisOur Standards: The Thomson Reuters Trust Principles.

Persons: Geert Wilders, Robert Alster, Viktor Orban, Wilders, Mark Rutte, Tayyip Erdogan, Sterling, Jeremy Hunt, Changpeng Zhao, Marc Jones, Christina Fincher, Jonathan Oatis Organizations: REUTERS, Staff, PMI, ECB, Oil, OPEC, Traders, Asset Management, Freedom Party, Labour, Green, People's Party for Freedom and Democracy, European, U.S, HK, Reuters, Europe, Thomson Locations: Frankfurt, Germany, Europe, U.S, European, France, Holland, Ukraine, Asia, Pacific, Japan, COVID, Brent, Bitcoin

☆ See a plane that landed in the water after it overshot the runway in Hawaii
▼ + stars: | 2023-11-21 | by ( Hannah Getahun | ) www.businessinsider.com time to read: +5 min

A US Navy plane landed in a bay in Hawaii after missing the runway. The P-8A aircraft overshot the runway at a Marine base on Kaneohe Bay, said U.S. Marine Corps spokesperson Gunnery Sgt. This photo provided by Diane Dircks shows a U.S. Navy plane that overshot a Marine base on Kaneohe Bay, Hawaii, Monday, Nov. 20, 2023. This photo provided by Diane Dircks shows a U.S. Navy plane that overshot a Marine base on Kaneohe Bay, Hawaii, Monday, Nov. 20, 2023. In October 2022, a Korean Air plane overshot the runway after attempting to land twice and heavily damaged its exterior.

Persons: —, Shayne Enright, Ryan Fisher, Orlando Perez, Chesley, Sully, Sullenberger, Diane Dircks, Thomas Vaughan Organizations: US Navy, Service, U.S . Navy, Honolulu Emergency Medical Services Department, Coast Guard, U.S . Marine Corps, Airbus, National Weather Service, Boeing, Patrol Squadron, Patrol, AP, Business, Korean Air, Marine Corps Base Hawaii, University of Hawaii Locations: Hawaii, Honolulu, Kaneohe, U.S, York, Kaneohe Bay, Illinois, Whidbey, Washington, Korean, Iranian, Oahu

☆ Morning Bid: Treasury yields dive as oil craters, economy softens
▼ + stars: | 2023-11-17 | by ( ) www.reuters.com time to read: +5 min

U.S. two-year Treasury yields skidded below 4.80% on Friday for the first time since September 1, with 10-year yields dropping under 4.40% to September lows too. Crude has now lost almost 25% in just six weeks - aided by the U.S. gradually lifting oil sanctions on Venezuela. The Labor Department said import prices fell a whopping 0.8% in October, the most in seven months amid a broad decline in the costs of goods - deepening the annual deflation of import prices to as much as 2.0%. Even though the dollar (.DXY), , is taking a hit from the plunge in U.S. Treasury yields, the drop in sovereign borrowing rates was mirrored across the world in Europe , even Japan . Mirroring the softening demand picture elsewhere, British retail sales volumes fell unexpectedly in October as stretched consumers stayed at home.

Persons: Lucas Jackson, Mike Dolan, plumb, Morgan, Susan Collins, Mary Daly, Austan Goolsbee, Michael Barr, Dave Ramsden, Nick Macfie Organizations: New York Stock Exchange, REUTERS, Walmart, Cisco, Alibaba, Philadelphia Federal Reserve, Labor Department, Treasury, Hong, Housing, Atlanta, Boston Federal, San Francisco Fed, Chicago Fed, Bank of England, United States, APEC, Graphics, Thomson, Reuters Locations: New York, U.S, Wall, Alibaba ., Venezuela, Europe, Japan, HK, Hong Kong, China, San Francisco

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