By TOM KRISHER and DAVID KOENIG AP Business Writers The Federal Aviation Administration says it will increase oversight of Boeing and audit production of the 737 Max 9 jetliner after a panel blew off an Alaska Airlines plane in midflight last week, the latest in a string of mishaps at the troubled aircraft maker. The
Continue ReadingBy Pete Muntean, CNN (CNN) — The Federal Aviation Administration said on Friday that after reviewing Boeing’s instructions for inspecting grounded 737 Max 9 planes, it has decided to seek more information before allowing the plan to proceed. In a statement, FAA also said it would keep the Boeing 737 Max 9 “grounded until extensive
Continue ReadingLots of new snow at the moment. Mt Bachelor is temporarily closed due to an influx of snow and more is on the way! Additionally, snow is likely throughout today as we expect significant snow in the mountains (possibly 1 – 2 feet) by Friday night. Several inches are possible in the lower elevations and
Continue ReadingBy FATIMA HUSSEIN Associated Press WASHINGTON (AP) — The IRS says it has collected an additional $360 million in overdue taxes from delinquent millionaires. The collection happens as IRS leadership tries to promote the latest work it has done to modernize the agency with Democrats’ Inflation Reduction Act funding. Republicans are threatening to chip away
Continue ReadingSPOFFORD, Texas (AP) — A Texas Department of Public Safety helicopter patrolling the state’s border with Mexico has crashed, injuring at least one person. DPS Lt. Chris Olivarez says in a statement on X, former known as Twitter, that the helicopter crashed Thursday night near Spofford in Kinney County while patrolling the Texas border near
Continue ReadingPARIS (AP) — French President Emmanuel Macron’s office says new Prime Minister Gabriel Attal held his first Cabinet meeting on Friday with one motto: “work, work, work.” The 34-year-old Attal leads a relatively small team of 14 ministers who gathered around Macron at the French presidential palace. The government will be reinforced within days by
Continue ReadingBy Oliver Darcy, CNN New York (CNN) — Not too long ago, on the 25th and 26th floors of the One State Street tower in lower Manhattan, a vibrant newsroom existed. Each morning, hundreds of employees strolled into the offices of Cheddar News, breathing life into the prime real estate that housed studios and the
Continue ReadingBy Elisabeth Buchwald, CNN New York (CNN) — Throughout much of last year, the question of whether interest rates were high enough to rein in inflation dominated Federal Reserve officials’ policy meetings. Continuing to raise rates would help bring inflation closer to the Fed’s 2% target — but could cost people their jobs. On the
Continue ReadingBy Nicole Goodkind and Krystal Hur, CNN New York (CNN) — JPMorgan Chase kicked off earnings season Friday with a big miss. But that’s because of some strange accounting. The bank’s fourth-quarter profit fell by 15% from the year before, to $9.3 billion, way less than analysts surveyed by FactSet had expected. Earnings per share
Continue ReadingLONDON (AP) — Burberry, the London-based luxury goods fashion house, saw its share price fall after it warned that profits this year would be lower than anticipated. Its share price ended the day 5% lower. Burberry said wealthy shoppers, particularly in the Americas, tightened their belts during the crucial Christmas trading period. The company said
Continue ReadingCOPENHAGEN, Denmark (AP) — Norway’s government says Anders Behring Breivik, a right-wing extremist who killed 77 people in 2011, remains dangerous and should stay in solitary confinement. Breivik is suing the government, saying his human rights are being violated. The government’s lawyer said Friday, the last day of a five-day hearing, that there is nothing
Continue ReadingBy Matt Egan, CNN New York (CNN) — US-led airstrikes on Houthi targets in Yemen rattled energy markets on Friday, sending oil prices sharply higher. US crude climbed as much as 4.5% to $75.25 a barrel Friday morning. Brent crude, the world benchmark, jumped 4% and briefly crossed over the $80-a-barrel level. However, both oil
Continue ReadingBy George Ramsay, CNN (CNN) — About this time last year, Ben Shelton was an up-and-coming tennis player taking his first-ever trip outside the United States. Not long out of college, Shelton was relatively unknown on the circuit having only been pro for the past six months. But armed with a lethal serve and the
Continue ReadingBy Holly Yan and Robert Shackelford, CNN (CNN) — A calamitous cocktail of vicious winds, extreme snowfall, dangerous thunderstorms and potentially lethal cold is taking aim across the country as perilous conditions snarl travel and threaten power outages in freezing temperatures. Here’s the latest: More than 70 million people are under winter weather alerts Friday: The
Continue ReadingBy Alexandra Banner, CNN (CNN) — Eggs are getting more expensive at grocery stores as bird flu has once again struck the industry. Fortunately, this latest avian flu outbreak won’t be as severe as the one in 2022 that devastated flocks and caused widespread shortages, economists say. Here’s what else you need to know to Get
Continue ReadingBy Paradise Afshar and Taylor Romine, CNN (CNN) — An investigation is underway to figure out why a US Navy helicopter crashed this week into San Diego Bay during routine training, Navy officials said. All six crew members got a medical evaluation after the incident Thursday around 6:40 p.m. – almost two hours after sunset – the military branch said in a
Continue ReadingBy Ben Morse, CNN (CNN) — Tom Brady paid tribute to Bill Belichick, the long-time head coach of the New England Patriots with whom he had so much success, after the 71-year-old announced on Thursday that he is leaving the team after 24 seasons at the helm. Brady was drafted by Belichick and the Patriots
Continue ReadingBy ANIRUDDHA GHOSAL Associated Press HANOI, Vietnam (AP) — Indonesia and Vietnam agreed to cooperate on fisheries on Friday as Indonesian President Joko Widodo met Vietnam’s President Vo Van Thuong on Friday. The two countries signed an agreement to cooperate in the fisheries sector, but the text of the agreement wasn’t made public but experts
Continue ReadingBy Ramishah Maruf, Ross Levitt and Pete Muntean, CNN New York (CNN) — Winter weather, combined with the grounding of Boeing 737 Max 9 aircraft, is causing major disruptions for air travel. There have been more than more than 2000 flight cancellations Friday, the highest number since July 2023, data from the tracking site FlightAware
Continue ReadingBy Sam Joseph, CNN (CNN) — For the second straight year, the Spanish Super Cup final will feature an El Clásico. Goals from Robert Lewandowski and Lamine Yamal gave Barcelona a 2-0 win over Osasuna on Thursday to advance to the final, where they will take on eternal rival Real Madrid. The game – taking
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