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Stock market today: Wall Street drifts in early trading; Tesla rises sharply

Published Tue, 25 Feb 2025 01:24:00 GMT

NEW YORK (AP) — Stocks are drifting at the start of a shortened trading day as momentum slows on Wall Street following a powerful rally. The S&P 500 was down 0.1% in early trading Monday. The Dow was off 94 points, or 0.3%, while the Nasdaq was up 0.2%. Tesla rose 6.5%. The company said that the number of vehicles it delivered during the spring surged from a year earlier. Much of the rest of the market was quieter. Trading in the U.S. stock market will end at 1 p.m. Eastern time and remain closed Tuesday in observance of Independence Day.THIS IS A BREAKING NEWS UPDATE. AP’s earlier story follows below.Markets tipped lower Monday ahead of a holiday-shortened session with little corporate news or economic data expected until later in the week. Futures for the Dow fell 0.2% and the S&P 500 inched 0.1% lower.U.S. trading will close by 1 p.m. Eastern on Monday and markets are closed for Independence Day holiday. The bond market will close at 2 p.m., and will also remain closed Tu...

Insider Q&A: Ford product chief looking to turn car sensors into features customers will buy

Published Tue, 25 Feb 2025 01:24:00 GMT

DEARBORN, Mich. (AP) — Across the room from Ford Advanced Product Development chief Doug Field was a pile of two-dozen auto parts, each with its own small computer, and software written by the parts manufacturer.Field, who was hired away from running Apple’s secret auto project two years ago, and before that served as Tesla head of engineering, explained at an investor event that the automaker is moving to get rid of the pile, consolidating most computing decisions into a central processor running software written by Ford. The change will fundamentally change how people use their cars. Most automakers are counting on software services to boost future profit margins.Field, 57, also Ford’s chief technology officer, talked to The Associated Press about the change and the transformation to electric vehicles. The interview is edited for length and clarity.Q: How far along is Ford on moving to this central computing system? A: The transition has happened where we designed the ...

Florida takes 1st public step toward a $400M-plus renovation to its aging and iconic Swamp

Published Tue, 25 Feb 2025 01:24:00 GMT

GAINESVILLE, Fla. (AP) — The Swamp is getting a makeover, a significant overhaul that’s expected to cost at least $400 million and be a “multigeneration solution” for an aging and iconic stadium in the heart of Florida’s campus.The Gators announced plans Monday to hire an architect for the design of its revamped Florida Field, the first public step in a process that’s been ruminating for years. The school will open a formal bidding process in July.Athletic director Scott Stricklin said it’s “premature to speculate” on the final cost, seating capacity and a specific timeline. But he made it clear the project’s main goal will be to transform the game-day experience for fans while maintaining a lot of what helped the Gators create one of the most daunting home-field advantages in the Southeastern Conference.“Whatever work we do there doesn’t need to be a Band-Aid,” Stricklin said at the league’s spring meetings last month. “It needs to be a multigenerational solution to continue ...

Trump dijo una vez que un presidente acusado de un delito grave paralizaría el gobierno y crearía una crisis constitucional

Published Tue, 25 Feb 2025 01:24:00 GMT

(CNN) — El expresidente de Estados Unidos Donald Trump dijo en 2016 que un presidente acusado “paralizaría las operaciones de nuestro gobierno” y crearía una “crisis constitucional sin precedentes”, años antes de que él mismo fuera acusado de cargos federales mientras aspiraba a un segundo mandato como presidente.Trump hizo los comentarios hace casi siete años sobre Hillary Clinton durante la campaña presidencial de 2016.“Podríamos muy bien tener a un presidente en ejercicio bajo acusación de delito grave y, en última instancia, un juicio penal”, dijo Trump durante un mitin de campaña el 5 de noviembre de 2016 en Reno, Nevada, reseñado por KFile de CNN. “Paralizaría el gobierno”.Apenas unos días antes, el 28 de octubre, el entonces director del FBI, James Comey, anunció públicamente que habían reabierto la investigación sobre el manejo de Clinton de información clasificada relacionada con su uso de un servidor privado de correo e...

The top 10 best new TV series of 2023

Published Tue, 25 Feb 2025 01:24:00 GMT

Are you looking for a new show to watch now that “Succession,” “Barry” and “Ted Lasso” are over?WTOP’s Jason Fraley counted down the best new TV series so far in 2023 .There’s one rule — the show must have aired episodes of its first season this year, so you unfortunately won’t find return seasons of “Abbott Elementary,” “The Bear,” “Ghosts,” “Reservation Dogs” or “Yellowstone.”So, without further ado — on with the list!Best New TV Series of 2023:10. ‘Extraordinary’ (Hulu)While we’ve seen evidence of superhero fatigue at the box office this year, the small screen introduced the British superhero comedy “Extraordinary” on Hulu. The eight-episode series follows 25-year-old Jen (Máiréad Tyers), the only one without super powers in East London. That premise may sound a little like “Encanto,” but it’s a funny romp as her best friend Carrie (Sofia Oxenham) channels spiri...

Roller coaster with crack in support pillar set to be investigated today at Carowinds in North Carolina

Published Tue, 25 Feb 2025 01:24:00 GMT

(CNN) — Inspectors are due at a North Carolina amusement park Monday as they continue investigating a roller coaster shuttered shortly after a dad spotted a crack at the top of one of its steel support pillars.“I’m not an engineer, but that’s not right,” Jeremy Wagner thought Friday on his visit to the Carowinds Park in Charlotte, he told CNN.The Fury 325 will stay closed until inspections and repairs happen, park officials have said. It’s one of the tallest and longest rides in a massive park that straddles the North and South Carolina state line.Personnel with the state Department of Labor’s Elevator and Amusement Device Bureau are due there Monday, spokeswoman Erin Wilson told CNN on Sunday. The agency didn’t share anything else about the nature of its inquiry.Wagner knew something was wrong when he spotted the aperture in the coaster’s infrastructure, he told CNN. He pulled out his phone and hit record, zooming in on the crack to show the support pillar move slightly out of plac...

Florida Amber Alert issued for missing 12-year-old girl

Published Tue, 25 Feb 2025 01:24:00 GMT

JACKSONVILLE, Fla. (WSVN) — Authorities have issued a Florida Amber Alert for a 12-year-old girl who was last seen with an unknown adult. According to officials, Fernanda Arias was last seen in the 2300 block of Peach Drive in Jacksonville in the company of Jorge Reyes. The 12-year-old was last seen wearing a white shirt and dark pants. Reyes’ description and articles of clothing are unknown.Arias and Reyes may be in a dark-colored two-door Honda with a large rear spoiler. Authorities strongly urged against approaching the vehicle if they are spotted. If anyone finds Arias or Reyes, immediately contact your local law enforcement.

Fundraising for French cop who killed teen reaches €1M

Published Tue, 25 Feb 2025 01:24:00 GMT

PARIS — A controversial fundraising campaign to help the family of the policeman who killed teenager Nahel M. in France has topped €1 million. The campaign was launched on popular U.S. platform GoFundMe by a French far-right figure and on Monday reached the €1 million mark — nearly five times more than a fundraising effort to help the 17-year-old’s mother. Despite the controversy, GoFundMe said it wouldn’t take the campaign down. On Monday, French ministers invited on radio and TV shows painstakingly tried to avoid taking a stance on the subject. “Everyone can express their feelings and contribute to a fund … But I think, in this case, that it doesn’t go in the direction of appeasement,” Justice Minister Eric Dupond-Moretti told France Inter. The killing of the 17-year-old of North African descent by a police officer last week has thrown France into chaos, sparking violent demonstrations across the country and re-igniting long-simmering tensi...

Tyson will stop using its ‘no antibiotics ever’ label on chicken

Published Tue, 25 Feb 2025 01:24:00 GMT

New York (CNN) — Tyson will once again use certain antibiotics in its chickens, eight years after it announced plans to ditch the drugs in some of its production and slapped a “no antibiotics ever” label on its packaging.The company said the antibiotics it plans to use in chicken production are not important to the treatment of humans. Antibiotic use in food has come under intense scrutiny in recent years as some bacteria have become increasingly resistant to treatments as a result of frequent exposure to antibiotics. The Wall Street Journal first reported Tyson’s change.About half of US poultry farmers use some form of antibiotics to help keep chickens healthy, the company noted. In many chicken farms, animals are raised in crowded and unsanitary conditions and can be prone to disease.“At Tyson Foods, we base our decisions on sound science and an evolving understanding of the best practices impacting our customers, consumers and the animals in our care,” a ...

Saudi Arabia and Russia curb oil supply again to try to boost prices

Published Tue, 25 Feb 2025 01:24:00 GMT

London (CNN) — Saudi Arabia and Russia announced Monday that they would make additional cuts to oil supply as a global economic slowdown hangs over the outlook for energy demand.Saudi Arabia — the world’s biggest exporter of crude oil — said it would extend a cut of 1 million barrels a day in its oil production at least until the end of August. The cut, which took effect on Saturday, was initially planned to last for the month of July in an attempt to shore up oil prices.Russia’s Deputy Prime Minister Alexander Novak said that his country would voluntarily cut supplies by 500,000 barrels per day in August by cutting exports. Reuters reported, citing Novak’s office, that Russia would reduce production by that amount, deepening a cut of the same size Moscow implemented in March.The announcements sent prices for Brent crude, the global oil benchmark, up 0.7% to trade at $76 a barrel at 7.15 a.m. ET. WTI, the US benchmark, rose 0.8% to $71. Oil prices have fallen by more ...