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US stocks roar toward their best day since May as Dow surges 1,000 points and bitcoin stops plunging
NEW YORK (AP) — The U.S. stock market is roaring back on Friday, as technology stocks recover much of their drops from earlier in the week and bitcoin halts its plunge, at least for now.The S&P 500 jumped 1.7% Friday and was heading toward its best day since May. The Dow Jones Industrial Average soared 1,102 points, or 2.2%, and topped the 50,000 level for the first time. The Nasdaq composite was up 1.9%, as of 2:30 p.m. Eastern time.
Chip companies helped drive the widespread rally, and Nvidia jumped 7.3% to trim its loss for the week, which came into the day at... Read More
Musk's underground tunnels in Las Vegas face scrutiny over safety, environmental concerns
LAS VEGAS (AP) — Elon Musk’s “Vegas Loop,” a network of underground tunnels to ferry passengers in Teslas, was under fresh scrutiny this week from Nevada lawmakers who raised concern about alleged workplace safety and environmental violations.Lawmakers spent hours grilling state safety officials over alleged violations by the Boring Company, the Musk-owned venture with tunneling projects also planned in Nashville and Dubai. Company officials declined to attend but provided written answers defending the project.
“I think they are a company that acts like they... Read More
Actor Timothy Busfield indicted in New Mexico on 4 counts of sexual contact with a child
SANTA FE, N.M. (AP) — “West Wing” and “Field of Dreams” actor Timothy Busfield has been indicted by a grand jury on four counts of criminal sexual contact with a child under age 13, a New Mexico prosecutor announced Friday.The allegations are tied to Busfield's work as a director on the set of the TV series “The Cleaning Lady” from 2022 to 2024.
Busfield has denied the allegations, initially filed in court by police, and a defense attorney on Friday said he would “fight these charges at every stage.”
Bernalillo County District Attorney Sam... Read More
Uber found liable in sexual assault case and ordered to pay $8.5 million
A federal jury this week found Uber to be legally responsible in a 2023 case of sexual assault — ordering the rideshare giant to pay $8.5 million to a woman who said one of its drivers raped her during a trip using the platform.The verdict, reached Thursday in Arizona, follows years of criticism against Uber's safety record, much of which spans from thousands of incidents of sexual assault reported by both passengers and drivers. Because Uber drivers are categorized as gig workers — working as contractors, rather than company employees — the platform has long maintained... Read More
Trump's racist post about Obamas is deleted after backlash despite White House earlier defending it
WASHINGTON (AP) — President Donald Trump’s racist social media post featuring former President Barack Obama and his wife, Michelle Obama, as primates in a jungle was deleted after a backlash from both Republicans and Democrats who criticized the video as offensive.The Republican president’s Thursday night post was deleted Friday and blamed on a staffer after widespread backlash, from civil rights leaders to veteran Republican senators, for its treatment of the nation’s first Black president and first lady. The deletion, a rare admission of a misstep by the White House,... Read More
Top Stories
- US stocks roar toward their best day since May as Dow surges 1,000 points and bitcoin stops plunging
- Actor Timothy Busfield indicted in New Mexico on 4 counts of sexual contact with a child
- Trump's racist post about Obamas is deleted after backlash despite White House earlier defending it
- The Milan Cortina Olympicsâ opening ceremony begins with Italian icons and Mariah Carey singing
- In unusual move, Republican chairman scrutinizes companies tied to husband of Rep. Ilhan Omar
- US births dropped last year, suggesting the 2024 uptick was short-lived
- Luigi Mangione speaks out in protest as judge sets state murder trial for June 8
- UK police search two properties linked to Peter Mandelson as part of Epstein probe
- Bad Bunny's Super Bowl halftime show: Here's some things to expect and what they mean
- Accused militant is taken into custody in the deadly 2012 Benghazi attack, Justice Department says
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Stocks
Entertainment
- Actor Timothy Busfield indicted in New Mexico on 4 counts of sexual contact with a child
- Bad Bunny's Super Bowl halftime show: Here's some things to expect and what they mean
- The new season of 'Cross' is about corrupt billionaires. Aldis Hodge sees some parallels
- Meet the man behind the Super Bowl's annual confetti blizzard
Sports
- The Milan Cortina Olympicsâ opening ceremony begins with Italian icons and Mariah Carey singing
- Skiing's regulatory body rejects 'wild rumor' ski jumpers are enhancing anatomy to gain distance
- Jim Schwartz resigns as Browns' defensive coordinator after being passed over for head coach
- Drew Brees and Larry Fitzgerald headline a Hall of Fame class missing Bill Belichick