Breaking News

Uncategorized

First plane lands at London’s Heathrow since a fire cut power to Europe’s busiest airport

LONDON (AP) — The first plane landed at Heathrow Airport late Friday, about 18 hours after an inferno at an electrical substation caused a power outage that shuttered Europe’s busiest air travel hub. The British Airways jet touched down just before sunset after Heathrow lifted its closure order that disrupted global travel for hundreds of thousands of passengers. At least 1,350 flights to and from Heathrow were affected, flight tracking service FlightRadar 24 said, and the impact was likely to last several days as passengers try to reschedule their travel and airlines work to ...

New Yorkers scramble for free eggs

NEW YORK (AP) — Hundreds of people lined up Friday morning at three sites in New York City, some arriving more than an hour early, for the opportunity to snag one of the nation’s hottest commodities: a dozen free eggs. People were bundled up against the windy cold as they stood outside a Harlem restaurant, patiently waiting to be handed a carton. Less than 10 minutes later, the 100 cartons were gone, leaving many empty-handed. “I heard from the news that they will be giving around, like, 1,500 eggs, or something like that. OK? And I just came because I needed some eggs, and ...

Trump acknowledges concerns over Musk’s business interests

WASHINGTON (AP) — President Donald Trump said Friday that war plans should not be shared with his adviser Elon Musk because of his business interests, a rare suggestion that the billionaire entrepreneur’s expansive role in the administration will face limits. Trump made the comments during an Oval Office meeting on developing a new fighter jet, and he rejected reports that Musk would be briefed on how the United States would fight a hypothetical war with China. “Elon has businesses in China,” the Republican president said. “And he would be susceptible, perhaps, to ...

Johnson & Johnson plans $55 billion in US investments over the next four years

NEW YORK (AP) — Johnson & Johnson says it will invest more than $55 billion within the United States over the next four years, including four new manufacturing plants. A number of companies have highlighted investments in the U.S. in recent months, a focus of Trump administration. J&J rival Eli Lilly and Co. announced in late February that it planned to build four new factories in the U.S. Both Lilly and J&J cited tax cut legislation passed in 2017 as factors in their U.S. investments. Johnson & Johnson said Friday that it is a 25% increase in investment compared with the prior ...

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 ...