Legal experts say Trump official broke law by saying 'Buy Tesla' stock but don't expect a crackdown
NEW YORK (AP) — A Trump Cabinet secretary violated the law when he told TV viewers this week to buy Tesla stock, but it's not clear that anything will be done about it. That's a worry for key ethics law experts. The comment from U.S. Commerce Secretary Howard Lutnick came a week after President Donald Trump turned the White House lawn into a Tesla infomercial for Elon Musk’s cars. Normally public officials endorsing products draws calls for investigations from the government's top ethics lawyer. But Trump has fired that person, along with other key ethics officials. Laments one former White House lawyer: “I don't know if people care.”
The Latest: Heathrow coming back to life hours after fire shut down busy hub
LONDON (AP) — Heathrow Airport is stirring back to life, with flights slowly resuming about 18 hours after an inferno at an electrical substation caused a power outage that shuttered Europe’s busiest air travel hub and left 200,00 passengers stranded. A British Airways jet touched down just before sunset after Heathrow lifted its closure order that disrupted global travel for hundreds of thousands of passengers. Further arrivals followed, including a short-haul flight from Manchester in northwest England. The first departure took place later Friday. The British government temporarily lifted restrictions on overnight flights to help clear the backlog.
Eyeing China threat, Trump announces Boeing wins contract for secretive future fighter jet
WASHINGTON (AP) — Boeing will build the Air Force's future fighter jet. President Donald Trump announced the choice Friday. The Pentagon says the new jet fleet will have stealth and penetration capabilities that far exceed its current fleet and is essential in a potential conflict with China. Known as Next Generation Air Dominance, or NGAD, the manned jet will serve as a quarterback to a fleet of future drone aircraft that would be able to penetrate China's air defenses. But critics have questioned the cost and necessity of the program. The Pentagon is still struggling to fully produce its most advanced jet and its future stealth bomber will have many of the same advanced technologies.
A look at some of history's worst air travel disruptions before a fire shut Heathrow
LONDON (AP) — A fire that closed London’s Heathrow Airport has sparked one of the most serious disruptions to air travel in years. More than 1,300 flights were canceled and hundreds of thousands of journeys disrupted following the electrical substation blaze. The cause of the fire is under investigation. Air travel has been disrupted in the past by computer problems, bad weather, volcanoes and extremist attacks. The Heathrow disruption is among the worst since an Iceland volcano erupted in 2010. Airspace over northern Europe was shut for several days and more than 100,000 flights canceled because of concerns the ash could damage jet engines. The 9/11 attacks in 2001 caused the shutdown of U.S. airspace and altered air travel forever.
Ocean dumping – or a climate solution? A growing industry bets on the ocean to capture carbon
HALIFAX, Nova Scotia (AP) — Dozens of companies and academic groups are pitching the same theory: that sinking rocks, nutrients, crop waste or seaweed in the ocean could lock away climate-warming carbon dioxide for centuries or more. Nearly 50 field trials have taken place in the past four years, with startups raising hundreds of millions in early funds. But the field remains rife with debate over the consequences for the oceans if the strategies are deployed at large scale, and over the exact benefits for the climate. Critics say the efforts are moving too quickly and with too few guardrails.
What we know about the fire that brought London's Heathrow Airport to a standstill
LONDON (AP) — Hundreds of flights to and from London’s Heathrow Airport have been canceled after a fire at a nearby substation knocked out power to Europe’s busiest airport, disrupting travel plans for hundreds of thousands of people around the world. Friday was a day of chaos but in the evening, Heathrow began reopening, with the first plane of the day landing at about 6 p.m. local time. That was just the start of what is expected to be a dayslong process of getting stranded passengers to their destinations and displaced aircraft into the proper locations.
Johnson & Johnson plans $55 billion in US investments over the next four years
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. Johnson & Johnson said Friday that it is a 25% increase in investment compared with the prior four years and estimates the U.S. economic impact will be more than $100 billion a year.
A federal lawsuit says the Trump administration has unlawfully shuttered the Voice of America
A lawsuit filed by Voice of America reporters, some unions and a press freedom group charged the Trump administration with unlawfully shutting down the news outlet. They said the demise of the agency, which has beamed news into countries around the world for decades, would be a boon to authoritarian regimes that back censorship. The administration, working largely through representative Kari Lake, has described the outlet as filled with “rot” that needs to be stripped to the core. Republicans have long complained that the agency, ordered by Congress to report news objectively, is instead dominated by liberal propaganda.
Stock market today: Wall Street closes higher, snapping a 4-week losing streak
U.S. stocks shook off a weak start and ended slightly higher, enough to break a four-week losing streak. The S&P 500 edged up 0.1% Friday after being down for most of the day. The Dow Jones Industrial Average climbed 0.1%, and the Nasdaq composite rose 0.5%. Stocks have been losing ground for weeks over uncertainty about the direction of the U.S. economy. A trade war between the U.S. and its key trading partners threatens to worsen inflation and hurt both consumers and businesses. Nike fell sharply as tariff and other concerns weighed on its financial forecasts. Treasury yields held steady.
Canada's oldest company to liquidate all but 6 stores starting Monday
TORONTO (AP) — A court has given Hudson’s Bay permission to start liquidating all but six of its stores. Canada’s oldest company dates back to 1670. The Friday approval from Ontario Superior Court Judge Peter Osborne allows the retailer to begin selling off inventory at most of its 80 Hudson’s Bay stores, three Saks Fifth Avenue locations and 13 Saks Off 5th shops in Canada. The storied retailer was founded as a trading firm for furs and other goods. The move could save some of the 9,364 jobs that would have been lost had the company moved to liquidate all of its stores, which was the plan until recent sales exceeded expectations, allowing it to keep six alive.
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