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Wall Street closes higher on rebounding tech stocks, snapping four-week-long losing streak

NEW YORK (AP) — Stocks on Wall Street shook off a weak start and closed slightly higher Friday, snapping a four-week losing streak. The S&P 500 edged up 0.1%. The index finished with a 0.5% gain for the week. It’s still down 4.8% so far this month. The Dow Jones Industrial Average eked out a 0.1% gain, while the Nasdaq composite rose 0.5%. Technology stocks, which had been the heaviest weights on the market in the early going, bounced back to offset a big share of the declines elsewhere in the S&P 500. The sector has been at the center of much of the market’s recent sell-off ...

Small Business Administration to reorganize, cut more than 2,500 positions

NEW YORK (AP) — The Small Business Administration said it will cut its workforce by 43%, or about 2,700 jobs, as part of a reorganization. The SBA was established in 1953 to offer resources to small businesses and helps administer small business and disaster recovery loans. It played a crucial role during the pandemic, helping distribute small business aid. Now the goal is to return to pre-pandemic staffing levels and cut some programs started during the Biden administration, said the new head of the SBA, Kelly Loeffler. “By eliminating non-mission-critical positions and ...

No. 1 seed Duke rolls past Mount St. Mary’s 93-49

RALEIGH, N.C. (AP) — Tyrese Proctor had 19 points and freshman star Cooper Flagg returned from an ankle injury as No. 1 seed Duke beat Mount St. Mary’s 93-49 in the first round of the NCAA Tournament on Friday. Flagg had 14 points and seven boards for the Blue Devils (32-3), the East ...

Report: Plane that flipped over in Toronto showed high rate of descent

TORONTO (AP) — The alert system on a Delta Air Lines jet that flipped upside down and burst into flames as it tried to land in Toronto last month indicated a high rate of descent less than three seconds before touchdown, a preliminary report said Thursday. The Transportation Safety Board of Canada, which issued the report, continues to investigate the Feb. 17 crash-landing in which 21 people were hospitalized. All 76 passengers and four crew members survived when the Delta plane arriving from Minneapolis burst into flames after flipping over and skidding on the tarmac. The TSB of ...

Researchers find a hint at how to delay Alzheimer’s symptoms

NEW YORK (AP) — An experimental treatment appears to delay Alzheimer’s symptoms in some people genetically destined to get the disease in their 40s or 50s, according to new findings from ongoing research now caught up in Trump administration funding delays. The early results — a scientific first — were published Wednesday even as study participants worried that politics could cut their access to a possible lifeline. “It’s still a study but it has given me an extension to my life that I never banked on having,” said Jake Heinrichs of New York City. Now 50, Heinrichs ...

Europe’s military leaders discuss peacekeeping force for Ukraine

KYIV, Ukraine (AP) — Senior military officers from more than 30 countries across Europe and beyond met in England on Thursday to flesh out plans for an international peacekeeping force for Ukraine as details of a partial ceasefire are worked out. U.K. Prime Minister Keir Starmer said he didn’t know whether there would be a peace deal in the Russia-Ukraine war, but “we are making steps in the right direction” as a “coalition of the willing” led by Britain and France moves into an “operational phase.” “We hope there will be a deal but what I do know is if there is a ...