WASHINGTON — America’s trade deficit experienced a slight reduction in 2025, dropping to just over $901 billion as President Donald Trump implemented sweeping tariffs that disrupted international trade patterns, according to Commerce Department data released Thursday.
The difference between what America sells overseas versus what it purchases from foreign nations decreased from $904 billion in 2024, representing a marginal improvement of $3 billion.
American exports climbed 6% during the year, while incoming imports increased by nearly 5%.
The trade imbalance expanded significantly during the first quarter as American businesses rushed to bring in foreign products before Trump’s new taxes took effect, then contracted throughout most of the remaining months.
These tariffs function as taxes that American importers must pay, costs that are frequently transferred to consumers through increased prices. However, the inflationary impact has been less severe than economists initially predicted. Trump contends that these trade barriers will shield American industries, encourage domestic manufacturing, and generate revenue for federal coffers.
President Donald Trump launched his newly-formed Board of Peace Thursday, bringing together delegates from more than 40 nations plus observers from an additional dozen countries. The first-ever gathering centered on rebuilding efforts in Gaza and establishing an international peacekeeping presence in the war-torn region, where a fragile ceasefire remains in place.
According to Trump, board participants have committed $5 billion toward reconstruction efforts, though this represents only a small portion of the estimated $70 billion experts say will be required to fully restore the Palestinian territory. Participants are also expected to provide thousands of personnel for international peacekeeping and police operations, raising concerns among some that Trump aims to establish an alternative to the United Nations.
Earlier this week, Vatican Secretary of State Cardinal Pietro Parolin expressed reservations to reporters, stating that “at the international level it should above all be the U.N. that manages these crisis situations.”
The Trump administration defended the initiative Wednesday, with White House press secretary Karoline Leavitt responding: “This president has a very bold and ambitious plan and vision to rebuild and reconstruct Gaza, which is well underway because of the Board of Peace. This is a legitimate organization where there are tens of member countries from around the world.”
U.S. Ambassador to the UN Mike Waltz emphasized that the board “is not talking, it is doing.”
“We are hearing the chattering class criticizing the structure of the board, that it’s unconventional, that it’s unprecedented,” Waltz stated. “Again, the old ways were not working.”
Trump expressed hope this week that his board would motivate the UN to “get on the ball.”
“The United Nations has great potential,” he remarked. “They haven’t lived up to the potential.”
Meanwhile, UN Security Council members gathered Wednesday to advocate for making the Gaza ceasefire permanent and criticized Israeli expansion activities in the West Bank as threatening two-state solution prospects. The high-level UN session was originally planned for Thursday but was rescheduled earlier after Trump announced his board meeting for the same date, creating scheduling conflicts for diplomatic personnel.
This timing issue highlights potential coordination challenges between the UN’s most influential body and Trump’s broader goals to mediate international disputes, which has sparked worry in some nations about possible competition with the UN Security Council.
In related economic news, the Commerce Department announced Thursday that the U.S. trade deficit decreased slightly in 2025 as Trump implemented significant tariff increases on imports from most nations. The trade imbalance dropped to just over $901 billion from $904 billion in 2024, with exports climbing 6% and imports rising nearly 5%.
Countries participating in the Board of Peace include Argentina, Albania, Armenia, Azerbaijan, Bahrain, Belarus, Bulgaria, Cambodia, Egypt, El Salvador, Hungary, Indonesia, Jordan, Kazakhstan, Kuwait, Kosovo, Morocco, Mongolia, Pakistan, Paraguay, Qatar, Saudi Arabia, Turkey, United Arab Emirates, Uzbekistan and Vietnam.
The organization has evolved since its creation as part of Trump’s 20-point peace framework to resolve the Gaza conflict. Following October’s ceasefire, Trump envisions an expanded role that would address not only Israeli-Hamas peace efforts but also help mediate conflicts worldwide.
A critical component of both Israeli demands and the ceasefire agreement involves creating an armed international stabilization force to maintain security and ensure Hamas disarmament. So far, only Indonesia has made a concrete commitment to Trump’s proposed force, while Hamas has shown little indication of willingness to proceed with disarmament.
RICHMOND — The Virginia Farm Bureau Federation reaches a major milestone this year, marking 100 years since its incorporation on February 26, 1926.
The organization was established a century ago with the mission of advocating for agricultural interests across local, state, and national levels. Beginning next week, the federation will launch year-long celebrations honoring its centennial of supporting farming families and rural areas.
Today, VFBF boasts nearly 137,000 members across Virginia, with annual membership fees of $40 that fund programs helping families, agricultural producers, and communities prosper.
“As we celebrate this milestone, we want to remember the past, honor the present and most importantly, consider the future and all the ways we can continue to serve the commonwealth’s farmers and rural communities,” said VFBF President Scott Sink.
Throughout its century-long history, Virginia Farm Bureau has achieved numerous advocacy victories benefiting both farming and non-farming members. The organization has championed property rights protection, successfully pushed for Virginia estate tax elimination, secured funding for voluntary conservation cost-share programs, supported resources for large animal veterinary services, and worked to preserve prime agricultural land.
The federation also backs Virginia Agriculture in the Classroom, launched in 1987 to teach educators and students about agriculture’s significance. This 501(c)(3) initiative is part of a national movement helping teachers and students recognize agriculture as Virginia and America’s largest industry.
Each year, AITC coordinates Agricultural Literacy Week, during which volunteers visit elementary schools statewide to read agriculture-themed books to students. Combined with hands-on materials, educator workshops, and teacher grants, AITC impacted over 700,000 students during the 2024-25 academic year. More than 2,100 teachers currently incorporate agricultural education into core curriculum areas including science, mathematics, and reading.
To further promote agricultural awareness, Farm Bureau acquired The Meadow Event Park facility, home to the State Fair of Virginia. The organization has maintained the fair’s agricultural focus, creating opportunities to highlight Virginia’s finest agricultural products for audiences unfamiliar with farming.
Operating 104 offices across 88 counties, Virginia Farm Bureau maintains presence throughout the state. County-level staff and volunteers support local and statewide organizations, including distributing over $200,000 in youth scholarships during 2025.
Members enjoy access to comprehensive benefit programs offering substantial savings on lodging, vehicle rentals, retail purchases, and additional services. Members also receive tire discounts through the Products Division, which celebrated its 60th anniversary in the previous year.
For more than 75 years, Virginia Farm Bureau Mutual Insurance Company has offered members complete insurance coverage, earning recognition as the nation’s top homeowners insurance provider by Forbes for two consecutive years.
The organization plans to expand and enhance all programs throughout the coming century.
Centennial celebrations will continue throughout 2026.
The Richmond headquarters will display historical artifacts chronicling VFBF company history over the past century. A commemorative photograph gallery will feature panels showcasing agriculture from all 14 board districts plus Young Farmers and Women’s Leadership programs.
The West Creek facility will feature a large Virginia county map crafted from native woods donated by Farm Bureau member properties.
Individual county offices will host special events and participate in community service initiatives still being planned.
The State Fair of Virginia, running September 26 through October 4, will introduce a new adult creative arts competition featuring Farm Bureau memorabilia.
Media contact: Kathy Dixon, VFBF assistant director of communications, at 804-370-3055.
WASHINGTON—The American Farm Bureau Federation is promoting farmer health and wellness during this year’s Ag Safety Awareness Program Week, running March 2-6, as agricultural workers prepare for the demanding spring season.
The annual awareness campaign highlights health and safety risks in farming while reminding agricultural workers to prioritize safe practices. This year’s ‘Live Well, Farm Well’ message stresses how personal wellness, health, and safety work together to prevent workplace injuries and fatalities.
During the week-long initiative, the American Farm Bureau Federation, AgriSafe Network, and U.S. Agricultural Safety and Health Centers are featuring different daily themes:
Monday: Beat the Heat
Tuesday: Rest and Refuel
Wednesday: Know Your Numbers
Thursday: Safe Lifting
Friday: Move with Purpose
Matt Nuckols, who chairs the Virginia Farm Bureau Federation Farm Safety Advisory Committee, explained the connection between wellness and safety. “Living well and farming well go hand in hand,” Nuckols said. “ASAP Week encourages farmers to slow down just enough to take care of their bodies, because staying healthy, focused and intentional on the job helps keep everyone safe.”
Agricultural work places significant physical and mental demands on workers, with producers often working extended hours to complete necessary tasks. However, long workdays, physical stress, and mental strain can lead to exhaustion, resulting in dangerous errors when operating heavy equipment or working around livestock. Safety professionals recommend that farmers prioritize rest, consume nutritious meals, and maintain proper hydration to sustain energy and concentration.
Nuckols emphasized that taking care of oneself isn’t a sign of weakness. “Listening to your body and taking breaks isn’t giving in or slacking off,” he noted. “It’s a vital part of staying safe and productive. A well-rested farmer is a safer farmer.”
In addition to machinery and livestock dangers, agricultural workers face extended exposure to high temperatures during busy seasons, raising the risk of heat-related health problems. Preventive measures include scheduling work during cooler periods, taking frequent breaks, maintaining hydration, finding shade, and monitoring fellow workers for signs of heat illness.
Although ASAP Week focuses attention on safety and wellness topics, program coordinators emphasize that these discussions should happen throughout the year. Ongoing communication, consistent planning, and resource sharing help build healthier and safer farming communities.
The American Farm Bureau Federation also offers the Think F.A.S.T. farm and agriculture safety training program, which targets youth between 14 and 17 years old. This proactive safety initiative provides free materials to both members and non-members, covering general safety principles, leadership development, and critical thinking skills for agricultural settings.
Additional farm safety information is available at vafb.com/Safety, while ASAP Week details can be found on the program’s Facebook page and YouTube channel.
Southern Company announced Thursday that it anticipates annual earnings will fall below what Wall Street analysts predicted, while simultaneously increasing its infrastructure investment plan as the utility prepares for extraordinary electricity demands from major industrial clients and data centers.
The nation’s utility companies have been pouring significant resources into modernizing electrical infrastructure as they confront severe weather events and surging power consumption from energy-intensive data centers supporting artificial intelligence and cryptocurrency operations, plus growing adoption of electric heating systems and vehicles by consumers and businesses.
The company plans to invest approximately $81 billion between 2026 and 2030, an increase from its previous five-year investment plan of $76 billion.
Southern Company announced it has secured agreements for 10 gigawatts of major customer load throughout Alabama, Georgia and Mississippi, with clients including tech giants Google, Meta, Microsoft and Compass Datacenters. Company stock prices climbed more than 2% during pre-market trading.
Serving 9 million customers across Alabama, Georgia, Illinois, Mississippi, Tennessee and Virginia, Southern Company holds the position as America’s second-largest utility provider.
During the fourth quarter ending December 31, the company reported adjusted earnings of 55 cents per share, falling short of the 57-cent expectation from analysts surveyed by LSEG.
Operating costs increased 14.7% during the quarter, while company revenue grew 10%.
The Atlanta-based utility company projects adjusted earnings for 2026 will range from $4.50 to $4.60 per share, with the middle estimate slightly under analyst projections of $4.56 per share.
A devastating accident in Santiago, Chile claimed three lives Thursday morning when a tanker truck carrying liquid gas veered out of control and exploded after striking a highway barrier.
The blast left ten additional people wounded in what authorities describe as a tragic incident that occurred in Santiago’s northern district during early morning hours.
During a news briefing, Victor Vielma, who leads the Carabineros police department, explained that the gas transport vehicle lost control before colliding with the guardrail, though investigators have not yet determined what caused the driver to lose control.
The explosion’s impact extended beyond the initial crash, with seven additional passenger vehicles sustaining damage from the incident that unfolded in Chile’s capital city early Thursday.
As the 2026 NFL Scouting Combine approaches, draft evaluation specialists from Field Level Media have identified the premier center candidates across all positions.
Offensive line players are scheduled to arrive in Indianapolis this Thursday for team-requested interviews and comprehensive medical evaluations.
Physical testing sessions will commence on Sunday, March 1, after media interactions scheduled for Saturday, February 28.
Here are the leading center candidates heading into the combine evaluation:
1. Connor Lew, Auburn
6-3, 303 pounds
Lew demonstrates exceptional technical skills, strong leadership qualities, and professional-level field awareness. He maintained a starting role for 25 straight games until suffering an ACL tear in October 2025.
2. Brian Parker II, Duke
6-5, 305 pounds
Made the successful switch from tackle to center position. Shows refined blocking abilities with fluid mobility in every direction. Possesses the mental sharpness and technical expertise needed for professional success.
3. Jake Slaughter, Florida
6-4, 303 pounds
Veteran starter who served as team captain, featuring exceptional football intelligence, polished fundamentals, and instinctive pass blocking abilities.
4. Logan Jones, Iowa
6-3, 302 pounds
Strong athletic ability with the mobility skills necessary to excel in zone-blocking systems.
5. Matt Gulbin, Michigan State
6-3, 316 pounds
At 25 years old with modest athletic traits, Gulbin brings flexibility having started at both guard and center positions.
Salisbury University’s track and field athletes are heading south to Virginia this weekend with championship aspirations at the Coast-to-Coast Athletic Conference Indoor Track and Field Championships. The competition takes place Friday, February 20 and Saturday, February 21 at Christopher Newport University’s Freeman Center in Newport News, Virginia.
Both the men’s and women’s Sea Gulls teams will be looking to capture conference titles during the two-day indoor meet. The university competes at the NCAA Division III level with its primary conference affiliation being the Coast-to-Coast Athletic Conference.
Beyond the C2C, Salisbury also maintains affiliate memberships across multiple conferences for various sports, including the New Jersey Athletic Conference for football and swimming, the Coastal Lacrosse Conference for men’s lacrosse, the State University of New York Athletic Conference for field hockey, and the Colonial Women’s Golf Conference for women’s golf.
The Sea Gulls athletic program encompasses more than 500 student-athletes competing across 23 varsity sports, establishing itself as one of the country’s most successful intercollegiate programs across all divisions. The program’s impressive track record includes 23 team national titles, 24 individual national championships, and 207 conference titles, while producing 54 Academic All-Americans under the guidance of committed coaches and staff who emphasize achievement both in competition and academics.
WASHINGTON—Farmers who grow fruits, vegetables, and nuts may qualify for emergency financial relief through a newly announced federal assistance program targeting specialty crop producers.
The United States Department of Agriculture has rolled out $1 billion in funding through its Assistance for Specialty Crop Farmers Program, designed to help growers of crops that weren’t included in the earlier Farmer Bridge Assistance Program.
Operating under the Commodity Credit Corporation Charter Act, the program will be managed by the USDA’s Farm Service Agency. Producers must submit their 2025 acreage information to FSA by March 13 to be considered for assistance.
“The ASCF program payments are designed to address financial stress that specialty crop farmers encountered due to high input costs, such as fuel and fertilizer inputs; persistent inflation; market disruptions; and foreign competition that often benefits from lower labor costs,” explained Tony Banks, senior assistant director of agriculture, development and innovation at Virginia Farm Bureau Federation.
Banks emphasized that specialty crop farmers face unique challenges compared to traditional commodity producers, lacking the same financial safety nets and risk management options available to grain and livestock operations.
“Specialty crops tend to be highly perishable and can’t be stored from one year to the next to wait for better prices,” Banks noted. “These ASCFP payments will help specialty crop producers offset incurred losses.”
Payment amounts will be calculated based on farmers’ reported 2025 planted acreage. Growers must ensure their acreage reports are complete and correct before the 5 p.m. deadline on March 13. The USDA plans to announce specific payment rates for each crop type by the end of March.
Farmers growing dry edible beans and peas who already received support through the Farmer Bridge Assistance Program cannot receive additional ASCF payments.
Additional details about the ASCF program are available at fsa.usda.gov/fba, or by contacting your local FSA county office.
Delaware Department of Transportation crews are currently conducting flagging operations along Collins Avenue and Read Avenue in the area between Coastal Highway (State Route 1) and the beach.
The traffic control operations are scheduled to continue until 5:00 PM today, according to DelDOT officials.
Motorists traveling through the area should anticipate potential delays and consider using alternative routes during this time period.
Extremist groups have launched a series of synchronized assaults across Burkina Faso over the past week, resulting in the deaths of dozens of military personnel and civilians, according to confidential diplomatic reports obtained by Reuters.
The coordinated operations were carried out by Jama’at Nusrat al-Islam wal-Muslimin, an organization with ties to Al Qaeda, demonstrating the group’s growing capability to organize large-scale attacks across vast areas simultaneously.
Burkina Faso’s current military leadership took control through a coup in 2022, vowing to strengthen the nation’s security situation. However, extremist violence has escalated throughout the West African nation as government forces struggle against an insurgency that has expanded throughout the Sahel region from neighboring Mali.
The synchronized strikes targeted multiple communities in northern and eastern areas, including Bilanga, Titao, Tandjari, and Nare, according to the diplomatic documents. Additional attacks occurred in the eastern city of Fada N’Gourma and the northern Ouahigouya region.
“These attacks, which were almost simultaneous and spread across several provinces, demonstrate unprecedented coordination between jihadists and the junta’s inability to contain the assaults,” stated one confidential report, which estimated casualties at over 180 people.
A second diplomatic assessment provided no casualty figures but confirmed the incidents appeared synchronized and involved several hundred fighters from JNIM and potentially Islamic State-affiliated groups. The militants targeted military installations, civilian transport routes, and marketplace areas.
According to the U.S.-based SITE Intelligence Group, JNIM has claimed responsibility for killing numerous Burkinabe military personnel during last week’s operations.
Government officials in Burkina Faso have not responded to requests for information regarding the attacks or casualty reports.
In the northern community of Titao, militants stormed a military installation and ignited a local market, the confidential reports indicated. One assessment stated that nearly 80 soldiers and pro-government militia fighters were killed, while another reported approximately 10 civilian deaths in the same location.
Ghana’s foreign ministry confirmed on Tuesday that eight tomato merchants were among the civilian casualties.
SITE reported that JNIM’s media division claimed the insurgents captured military vehicles, weapons, and other equipment during the operations.
More than ten years of armed insurgencies throughout the Sahel have forced millions from their homes and caused economic devastation, with violence spreading southward toward West Africa’s coastal nations.
According to SITE director Rita Katz in a LinkedIn post, JNIM has claimed responsibility for nearly 500 attacks in Burkina Faso during 2025 and almost 300 in Mali.
Motorists traveling through Pike Creek should prepare for lane restrictions this week as state transportation crews tackle dangerous tree removal operations along Upper Pike Creek Road.
Delaware Department of Transportation officials have announced a multi-day schedule of lane closures affecting different sections of the roadway. The tree removal work will begin Monday, March 2nd and continue through Friday, March 6th.
The scheduled closures will impact three separate stretches of Upper Pike Creek Road:
• Monday and Tuesday (March 2nd-3rd): Work will occur between Linden Hill Road and Paper Mill Road
• Wednesday (March 4th): Crews will focus on the area between Route 2 and Old Coach Road
• Thursday and Friday (March 5th-6th): Operations will take place between Old Coach Road and Linden Hill Road
DelDOT advises drivers to plan alternate routes or allow extra travel time when passing through these work zones during the scheduled dates.
New Castle County police have taken three suspects into custody in connection with a shooting that took place at the Paladin Club Apartments complex.
Law enforcement officers responded to the scene in the 8600 block of Park Court on Monday, January 12, 2026, around 9:16 p.m. after receiving reports of gunshots being fired.
According to investigators with the New Castle County Division of Police, the incident began as a dispute that took place outside the residential complex. During the confrontation, shots were fired.
Police detectives have since made arrests in the case, though additional details about the suspects and charges have not yet been released.
Workers across Argentina walked off the job Thursday as the nation’s Congress prepared to vote on sweeping changes to employment laws championed by libertarian President Javier Milei.
The Chamber of Deputies was scheduled to consider the controversial workplace legislation late Thursday, while a massive 24-hour work stoppage disrupted transportation, banking, and government services nationwide.
Argentina’s most powerful labor organization, the CGT umbrella union, organized the strike to protest what it calls an attack on decades-old worker rights, including protections for striking employees. The walkout affected bus and train services, banks, and government offices across the South American nation.
Maritime workers had already begun their own 48-hour work stoppage Wednesday, shutting down cargo operations at the port of Rosario, a critical hub for the country’s agricultural exports and one of the world’s busiest grain ports.
Milei’s administration defends the proposed changes as necessary economic reforms that will attract business investment and create more legitimate jobs. The legislation received approval from Argentina’s Senate last week with backing from Milei’s party and centrist coalition partners.
Under the proposed reforms, companies would face restrictions on striking workers’ ability to completely shut down essential services, requiring minimum staffing levels during work stoppages. The changes would also reduce costs for employers when laying off workers by removing certain bonus payments from severance calculations.
Financial markets are closely monitoring whether Milei can successfully advance his free-market economic policies through Congress. If lawmakers modify the legislation during Thursday’s vote, it would return to the Senate for final consideration before becoming law.
American Airlines announced Thursday that it has chosen CFM International to supply engines for its future fleet of Airbus A321neo aircraft.
The major U.S. airline had ordered 260 new planes in March 2024, with 85 of those being A321neo aircraft. The remaining orders were divided between Boeing and Brazil-based Embraer.
CFM International, a joint venture between GE Aerospace and France’s Safran, faces competition from Pratt & Whitney, which is owned by RTX, in providing engines for Airbus’s single-aisle aircraft.
The new contract also includes CFM providing ongoing maintenance services for the engines over the long term. American’s current A321neo aircraft already use CFM LEAP engines.
Aviation industry experts note that airlines typically prefer using the same engine model across similar aircraft types to streamline their operations and reduce maintenance expenses.
Neither company revealed the financial details of their agreement.
Stock market futures retreated Thursday morning, ending a three-day rally for the S&P 500, as major technology companies saw their shares decline and retail giant Walmart issued a cautious business forecast.
The Arkansas-based retailer projected annual sales and earnings below what Wall Street analysts had anticipated, causing its stock price to fall 3% before regular trading hours began. Despite this setback, Walmart achieved a historic milestone earlier this month by becoming the first American retailer to reach a $1 trillion market valuation.
Major technology companies including Apple, Nvidia, and Meta Platforms all saw their stock prices retreat after posting gains in the prior trading session.
Wednesday’s trading session had concluded with all three primary U.S. stock indices posting positive results, driven largely by technology sector gains including Nvidia and Amazon.com, as investors moved past recent concerns about artificial intelligence investments.
Technology stocks tied to AI development and large-cap companies experienced volatility earlier in February as investors questioned whether massive AI spending would translate into meaningful revenue and profit increases, given their elevated stock valuations.
Various industries from software development to transportation have also faced pressure amid worries that advancing AI technology could threaten their established business operations.
Tom Nelson, who serves as head of market strategy at Franklin Templeton, observed the changing market dynamics in a research note: “The rotation in sectors, styles, and country leadership suggests that equity markets may no longer be driven by a singular theme; instead, a meaningful broadening appears to have emerged.”
Pre-market trading at 7:15 a.m. Eastern Time showed the Dow E-minis declining 131 points or 0.26%, while S&P 500 E-minis dropped 16.25 points or 0.24%, and Nasdaq 100 E-minis fell 97.5 points or 0.39%.
Several companies posted strong results in earnings-driven trading moves. Food delivery service DoorDash surged 9.9% after projecting first-quarter marketplace gross order value that exceeded Wall Street forecasts.
Online marketplace eBay gained 9.2% following its forecast of first-quarter revenue above analyst projections and its announcement of acquiring fashion platform Depop from Etsy. Etsy’s shares jumped 19% on the news.
Used car retailer Carvana tumbled 14.5% after reporting fourth-quarter profits that missed expectations due to increased operational costs.
Federal Reserve meeting minutes released Wednesday revealed that central bank officials reached near-consensus agreement to maintain current interest rates unchanged.
However, policymakers showed divided opinions regarding future monetary policy direction, with “several” officials open to raising rates if inflation persists at elevated levels, while others favored additional cuts should inflation decline as projected.
Four Federal Reserve officials, including Chicago Fed President Austan Goolsbee and Fed Vice Chair for Supervision Michelle Bowman, are expected to deliver public remarks Thursday.
Weekly unemployment claims data will be released later Thursday, followed by Friday’s personal consumption expenditure report, which represents the Federal Reserve’s preferred inflation measurement.
Telehealth company Hims & Hers saw its shares climb 7.5% after announcing plans to acquire Australian digital health firm Eucalyptus for as much as $1.15 billion.
Energy giants Exxon Mobil and Chevron both rose over 1% as crude oil prices increased amid growing concerns about potential military confrontation between the United States and Iran.
Occidental Petroleum jumped 4.6% after the shale oil producer reported fourth-quarter earnings that surpassed analyst expectations.
Zimbabwe’s health officials launched distribution of a groundbreaking HIV prevention medication on Thursday, positioning the African nation among the first worldwide to implement this innovative treatment approach as it works to reduce new HIV cases.
The initiative, supported through funding from the United States and the Global Fund, will initially serve more than 46,000 individuals considered at elevated risk for HIV infection at 24 locations across the country, according to Health Minister Douglas Mombeshora.
“Today marks an important day in Zimbabwe’s national response to HIV. We gather here to launch lenacapavir — a long-acting injectable option for HIV prevention — and to show our commitment to protecting life and ending AIDS as a public health threat,” Mombeshora stated.
The minister revealed that Zimbabwe obtained its initial supply and provided injections to some early participants earlier in February, noting that distribution will proceed through multiple phases.
The medication lenacapavir, created by Gilead Sciences, requires administration through under-the-skin injections just twice annually. Health officials believe this approach may address compliance issues that occur with daily oral pre-exposure prophylaxis medication regimens.
The southern African country has achieved remarkable success in combating HIV, meeting the ambitious 95-95-95 treatment goals established by UNAIDS — indicating that 95% of HIV-positive individuals are aware of their condition, 95% of diagnosed patients receive treatment, and 95% of treated patients maintain undetectable virus levels.
Melody Dengu, a community advocate from Epworth, a Harare neighborhood, confirmed she received her injection earlier this month.
“I have also (so far) gotten 12 other people to come and get injected,” she shared with reporters during the announcement.
While Zimbabwe continues to face one of Africa’s most significant HIV challenges, new infection rates have dropped substantially during the last ten years through expanded testing, treatment access, and prevention efforts.
Motorists traveling along Route 40 should expect to see cleanup crews working on the roadway shoulders today as DelDOT conducts litter removal operations.
The cleanup work is taking place in both the eastbound and westbound lanes of Route 40 between Christiana Road (Route 273) and the Maryland state line. Crews are scheduled to complete their work by 4 PM this afternoon.
Drivers are advised to use caution when passing through the work zone and to be aware of crews working along the shoulder areas.
Delaware Department of Transportation crews are conducting litter removal operations along Route 40 today, working on the roadway shoulders in both the eastbound and westbound lanes.
The cleanup efforts are taking place along the stretch of highway between Christiana Road (Route 273) and the Maryland state line, with crews expected to wrap up their work by 4 PM this afternoon.
Drivers using this section of Route 40 should use caution when approaching the work zones and may experience minor delays as crews perform their maintenance duties along the shoulder areas.
LONDON — Andrew Mountbatten-Windsor, the brother of King Charles III who was once known as Prince Andrew, was taken into custody Thursday on charges of misconduct in public office. The arrest follows years of mounting allegations concerning his relationship with the late Jeffrey Epstein, a convicted sex offender.
The 66-year-old has consistently maintained his innocence regarding any improper conduct in his association with the disgraced financier. His legal troubles intensified after the U.S. Justice Department made public over 3 million pages of Epstein-related documents.
Here’s how Mountbatten-Windsor’s situation unfolded over the years:
His troubles began when he was compelled to step down from his position as Britain’s special trade representative after initial reports emerged about his connections to Epstein, who had previously served time for sex crimes involving minors.
When Epstein faced new sex trafficking charges and subsequently took his own life in a New York detention facility, scrutiny intensified around claims that the royal had engaged in sexual activity with at least one minor who had been trafficked. Mountbatten-Windsor has consistently rejected these accusations.
In an attempt to address the growing controversy, he participated in a televised interview with BBC journalist Emily Maitlis. The appearance proved damaging as he defended his association with Epstein while showing little compassion for victims and providing explanations many found unconvincing. During the interview, he claimed he had ended all communication with Epstein in December 2010 — a statement that would later prove problematic.
Shortly after the interview, Buckingham Palace declared that Andrew would step back from all royal responsibilities indefinitely. Within days, he lost his patronage of 230 charitable organizations.
He reached a financial agreement to resolve a civil case brought by Virginia Giuffre, who claimed she was coerced into sexual encounters with the royal at age 17. Though he admitted no wrongdoing, Andrew acknowledged Giuffre’s suffering as an abuse victim. Legal analysts believe the confidential settlement may have cost him up to $10 million, though the funding source remains unclear.
Giuffre later died by suicide in Australia, where she had resided since approximately 2002.
British media later disclosed that Andrew had contacted Epstein via email on February 28, 2011 — more than two months beyond the date he told the BBC he had severed ties. In the message, Andrew indicated they were “in this together” and would need to “rise above it.”
He subsequently announced he would relinquish his royal titles, including Duke of York, stating that ongoing allegations were becoming a distraction for the monarchy and his brother’s reign.
In a book published after her death, Giuffre provided additional details about meeting Andrew in March 2001 and described being forced into sexual encounters with him on three different occasions.
King Charles then removed his brother’s remaining titles and honors, including his birthright as a prince. He became known as Andrew Mountbatten-Windsor and was later required to vacate Royal Lodge, his 30-room residence near Windsor Castle where he had lived for over two decades. He agreed to move to the king’s private Sandringham Estate.
The release of the Epstein documents by the U.S. Justice Department revealed additional troubling information about the relationship between Andrew and Epstein. A particularly disturbing photograph showing Mountbatten-Windsor positioned over an unconscious, unidentified woman in what appeared to be Epstein’s New York residence sparked public outrage. The documents also suggested that Mountbatten-Windsor had provided Epstein with classified reports from a 2010 Southeast Asia trade mission — allegations that ultimately led to his arrest.
After relocating from his Windsor Castle residence to a smaller dwelling on the Sandringham Estate, the situation continued to deteriorate.
King Charles indicated his willingness to cooperate with law enforcement investigating claims that his brother had shared sensitive information with Epstein.
Thames Valley Police, responsible for the area west of London that includes Mountbatten-Windsor’s former residence, confirmed they are examining reports that Andrew transmitted trade documents to Epstein in 2010. This investigation culminated in Thursday’s arrest on suspicion of misconduct in public office.
LONDON (AP) — Once considered Queen Elizabeth II’s favored son, Andrew Mountbatten-Windsor has become a persistent source of trouble for Britain’s monarchy.
On Thursday, coinciding with his 66th birthday, Mountbatten-Windsor was taken into police custody on suspicion of misconduct in public office connected to his association with Jeffrey Epstein. This detention represents an unprecedented moment, as no senior member of the British royal family has faced arrest in contemporary times.
Born into royalty in 1960 as Queen Elizabeth II and Prince Philip’s second son, Andrew followed the traditional path for non-heir royals by pursuing military service, while his older brother Charles was groomed for the crown.
Following a distinguished 22-year career with the Royal Navy, where he served as a helicopter pilot in combat during the 1982 Falklands conflict, Andrew received an appointment as Britain’s special representative for international trade and investment in 2001.
The ongoing police probe relates to this diplomatic period. Recent revelations from newly disclosed Epstein documents indicate that Andrew may have shared official government materials with the deceased financier during his tenure as trade representative. No criminal charges have been filed against the former prince, who has consistently maintained his innocence regarding any Epstein-related misconduct.
Mounting pressure over his connection to Epstein, who received an 18-month prison sentence in 2008 for soliciting prostitution from a minor, forced Mountbatten-Windsor to resign from his trade position in 2011.
Previously known for attracting tabloid attention due to his romantic relationships, earning him the nickname “Randy Andy,” he later became notorious for financial difficulties and associations with controversial figures, particularly Epstein, the American financier and registered sex offender.
Following Epstein’s 2019 re-arrest, Andrew participated in a catastrophic BBC Newsnight interview attempting to distance himself from the scandal. The appearance proved counterproductive, drawing widespread criticism for his implausible explanations and apparent lack of compassion for Epstein’s victims.
The public outcry prompted Andrew to announce on November 20, 2019, his withdrawal from public responsibilities and charitable commitments “for the foreseeable future.”
Virginia Giuffre, an Epstein victim, filed a lawsuit against Andrew in New York federal court in August 2021, claiming the prince engaged in sexual conduct with her while she was a minor. Though Andrew disputed these accusations, he lost all military honors and royal charitable positions.
The case concluded with Andrew agreeing to an undisclosed financial settlement. While not admitting guilt, Andrew did recognize Giuffre’s trauma as a trafficking victim. Giuffre took her own life in April 2025 at age 41.
The controversy continued when correspondence surfaced last year revealing Andrew maintained contact with Epstein beyond what he had previously disclosed. This led King Charles III to revoke his brother’s princely title, other ceremonial positions, and his residence at Royal Lodge in Windsor.
His current arrest adds another chapter to his downfall.
Despite everything, he retains his position as eighth in succession to the British throne.
The Vatican has unveiled an ambitious travel schedule for Pope Leo XIV that will take the pontiff across Italy over the next six months, including a meaningful journey to Lampedusa, the Sicilian island that has become synonymous with Europe’s ongoing migration challenges.
Church officials released details Thursday of Leo’s extensive domestic travel plans, which will also include visits to Italian communities devastated by decades of organized crime’s environmental destruction. The comprehensive announcement of multiple trips scheduled so far ahead represents an unusual approach by the Vatican.
Leo’s demanding schedule throughout Italy comes as he prepares for significant international travel in 2026. Vatican sources indicate preliminary discussions for a four-country African expedition following Easter, potentially including stops in Algeria, Equatorial Guinea, Angola and Cameroon. The Pope has also expressed personal interest in visiting Peru, Argentina and Uruguay before year’s end.
Notably absent from this year’s travel calendar is any trip to Leo’s homeland, the United States, which Vatican officials had previously ruled out for 2025.
The first American-born Pope faced travel restrictions during his initial year in office due to the demanding 2025 Holy Year celebrations, which drew millions of pilgrims to Vatican City for special liturgies and papal gatherings.
Now freed from Jubilee obligations, Leo has expanded his activities, including weekly parish visits throughout Rome during the Lenten season before Easter.
The Italian journey kicks off May 8 with stops in Naples and the ancient archaeological site of Pompeii. Leo returns to the region May 23 for Acerra, located in what locals call the “Land of Fires” – an area where organized crime’s illegal toxic waste disposal has caused elevated cancer rates and other health problems among residents.
June 20 brings a northern visit to Pavia near Milan, followed by the highly anticipated July 4 trip to Lampedusa. This Mediterranean island sits closer to African shores than mainland Italy and has become the primary landing point for migrants transported by smugglers from North Africa.
Pope Francis made Lampedusa his inaugural journey beyond Rome after his 2013 election, demonstrating support for asylum seekers. During that historic visit, Francis conducted Mass using an altar constructed from wrecked migrant vessels and condemned what he termed the “globalization of indifference” toward people risking everything to reach European soil – a message that became central to his papal mission.
Leo’s August agenda includes an August 6 visit to Assisi, the Umbrian mountain town marking 800 years since the death of Saint Francis. The month concludes August 22 with participation in Italy’s annual political and religious gathering at the Adriatic coastal resort of Rimini.
The Chicago native, who dedicated twenty years to missionary work in Peru, has spoken openly about his passion for travel. His extensive experience came during two six-year leadership terms with the Augustinian religious community, responsibilities that required worldwide visits to Augustinian establishments globally.
WASHINGTON — A federal commission overseeing President Donald Trump’s controversial plan to construct an enormous ballroom where the former White House East Wing once stood is anticipated to move the project forward during Thursday’s session.
The U.S. Commission of Fine Arts will likely cast their vote on the architectural plans during their monthly virtual meeting. Trump appointees currently control the majority of the panel.
During last month’s January session, several commissioners raised concerns with the project’s lead architect regarding the “immense” scope and dimensions of the proposed structure, despite generally supporting Trump’s concept for a ballroom that would be approximately double the White House’s current size.
Trump’s October choice to tear down the East Wing sparked significant public backlash when demolition commenced without the standard independent assessments, Congressional authorization, and public input processes typically required for even minor changes to Washington’s historic structures.
Federal court litigation has been filed by the National Trust for Historic Preservation seeking to stop the ballroom construction. A judicial ruling on this case remains outstanding.
Further deliberation on the proposal is slated for the National Capital Planning Commission’s March 5 session, headed by one of Trump’s senior White House staff members. This commission oversees construction projects and significant renovations to federal buildings throughout the area.
Financial institutions throughout Europe are looking at substantial implementation expenses as the continent prepares to launch its digital euro currency, according to new cost projections from European Central Bank leadership.
Speaking to Italian lawmakers on Thursday, ECB Governing Council member Piero Cipollone revealed that banking sector expenses for rolling out the digital currency are projected to range from 4 billion to 6 billion euros, equivalent to $4.7 billion to $7.1 billion, distributed across a four-year timeframe.
The central bank itself anticipates spending approximately 1.3 billion euros on establishing the digital payment infrastructure, with ongoing operational expenses estimated at around 300 million euros, though Cipollone did not clarify whether this represents yearly costs.
European monetary authorities are currently waiting for legislative approval from the European Union to move forward with the digital euro initiative. Officials view this electronic currency as essential for maintaining public money’s relevance in an increasingly digital marketplace, creating unity across Europe’s currently divided payment systems, and reducing reliance on payment companies based outside the EU to safeguard the region’s financial independence.
“Estimates we’ve come up with based on indications we received from banks point to implementation costs of between 4 and 6 billion (euros) over four years: that is about 3% of what they spend every year on IT-system maintenance,” Cipollone explained during his testimony to the Italian parliamentary banking committee.
Cipollone, who leads the digital euro initiative as part of his payments responsibilities at the ECB, indicated that financial institutions will have opportunities to recover their investment costs through merchant fees collected for digital euro services.
Under the planned system, banks will distribute smartphone applications that consumers will use to make digital euro transactions. However, these institutions will benefit from not having to pay the typical fees to private payment networks, since the ECB will provide its network services without charge.
The central bank is currently in the process of identifying financial institutions interested in participating in trial runs of the digital euro before its scheduled 2029 official debut.
Business owners are expected to see savings under the new system, as digital euro transaction fees will be subject to caps set below current rates charged by major international payment companies like Mastercard and Visa.
BUDAPEST – Opposition leader Peter Magyar spoke out Thursday against a controversial campaign advertisement released by Hungarian Prime Minister Viktor Orban’s Fidesz party, which features an emotionally charged scene of a young girl crying at a window while witnessing her father’s wartime execution.
With Hungary’s parliamentary election scheduled for April 12, Orban has framed the contest as a decision between “war and peace,” claiming that Magyar’s center-right Tisza party would force Hungary into Ukraine’s conflict with Russia under pressure from the European Union.
The Tisza party has maintained its commitment to peace, stating it would not provide weapons or military personnel to Ukraine.
The brief 33-second advertisement, shared on the Budapest branch of Fidesz’s Facebook page, shows a blindfolded Hungarian soldier kneeling on a rain-soaked battlefield before being shot. Text accompanying the video states: “This is only a nightmare now, but Brussels is preparing to make it a reality … Let’s not take risks. Fidesz is the safe choice!”
Magyar issued a statement describing the video as “sickening, unforgivable and deeply outrageous.” “This is not politics, this is soulless manipulation,” he declared.
During a press conference, Orban’s chief of staff noted that more than one thousand casualties occur daily in Ukraine’s ongoing conflict.
“What we see is the reality of the war,” stated Gergely Gulyas.
Gulyas did not dispute that artificial intelligence technology was used to create the video, which enables the production of realistic, complex scenes without traditional filming methods or performers.
Last October, Magyar submitted a criminal complaint alleging that one of Orban’s senior political advisors used deepfake technology to create a false representation of him in another campaign advertisement without proper disclosure.
The ruling Fidesz party has frequently employed AI-created election content in recent months, with some videos properly labeled and others not identified as artificially generated. The European Union’s upcoming AI Act will require mandatory disclosure of such content.
Reuters verified that Google’s AI technology was utilized in creating the war-themed video.
A Thursday poll from the 21 Research Centre revealed that 23% of voters think Tisza would involve Hungary in the Ukraine conflict if elected.
Among Fidesz supporters, 57% agreed with this assessment, while virtually no Tisza supporters shared this view.
Current polling shows Tisza maintaining an 8-12 point advantage over Orban’s Fidesz party, although government-affiliated pollsters continue to report the ruling party in the lead.
STOCKHOLM – Swedish officials announced Thursday a substantial new military assistance commitment to Ukraine valued at 12.9 billion crowns, equivalent to $1.42 billion.
The aid package will provide Ukraine with air defense systems, unmanned aerial vehicles, and long-range missile capabilities, according to Swedish authorities.
Defence Minister Pal Jonson revealed during a news briefing that this latest commitment is part of a broader 40 billion crown framework designated for Ukrainian military assistance through 2026.
With this new package included, Sweden’s total military assistance to Ukraine has reached 103 billion Swedish crowns since Russia launched its invasion in 2022, Jonson stated.
An 83-year-old congressman from Peru’s left-wing Peru Libre party has taken control of the country’s government following the congressional ouster of the previous interim leader.
Jose Balcazar assumed the interim presidency after Peru’s Congress voted Wednesday evening to install him in the position, defeating three other candidates including center-right legislator Maria del Carmen Alva. The veteran politician will hold office until the winner of April 12 general elections and a likely June runoff takes power on July 28.
The transition comes after lawmakers removed interim President Jose Jeri on Tuesday following just four months in office. Jeri faced a scandal involving undisclosed meetings with a Chinese businessman, and Balcazar was among those who voted for his removal.
Balcazar brings considerable legal experience to the role, having worked as both a lawyer and former judge. The Cajamarca region native earned a doctorate in law and political science, spent decades teaching at universities, and served on superior courts in Lambayeque before holding a temporary position on Peru’s Supreme Court.
However, his appointment comes with significant controversy. During 2023 legislative discussions about prohibiting child marriage, Balcazar made statements suggesting sexual relationships among minors were commonplace, referencing situations involving students and teachers. These remarks drew immediate criticism from human rights groups and government officials.
The new interim president also faces ongoing legal challenges. Prosecutors are investigating him for alleged influence peddling, and the Lambayeque Bar Association permanently removed him from membership in 2024 over suspected fund misappropriation. Balcazar maintains his innocence regarding these allegations.
Since winning his congressional seat in 2021 representing Lambayeque, Balcazar has held prominent positions including leading the special committee responsible for choosing Constitutional Court magistrates and serving in key roles on justice and education committees.
Following his swearing-in ceremony, Balcazar outlined his priorities: “We are going to work to make the elections cleaner and to have new representatives.”
The interim president inherits a nation experiencing severe political instability and widespread public skepticism toward government institutions. His primary responsibilities include maintaining order, supervising elections characterized by voter uncertainty and political fragmentation, and ensuring a smooth power transition in July.
Peru’s latest leadership change represents another test of whether the country’s political framework can prevent further deterioration during this period of crisis.
An energy infrastructure company announced Thursday that it anticipates 2026 earnings will surpass Wall Street predictions, fueled by the artificial intelligence data center construction boom driving demand for electrical services.
Quanta Services saw its stock value climb 6% during early morning trading following the announcement.
The Texas-based contractor projects annual adjusted earnings per share will fall between $12.65 and $13.35 for the full year, beating the $12.44 per share that analysts had predicted, based on LSEG data.
“The convergence of utility, power generation, and large-load industries continues to create significant opportunities,” Quanta Services CEO Duke Austin said.
During its previous quarterly earnings presentation, the company indicated it was strategically positioned to capitalize on increasing electricity and infrastructure needs from data centers, manufacturing operations returning to the U.S., industrial expansion, electrification efforts, and power grid improvements.
The contractor – which delivers infrastructure solutions across utility, renewable energy, technology, communications, pipeline and energy sectors – is capitalizing on substantial AI data center investments from major technology companies.
For the quarter ending December 31, Quanta’s adjusted earnings climbed to $3.16 per share, up from $2.94 per share during the same period last year. Wall Street analysts had projected earnings of $3.02 per share on average.
Fourth-quarter revenue increased to $7.84 billion, compared to $6.55 billion in the previous year. Analysts had estimated revenue would reach $7.37 billion.
A telehealth company’s ambitious attempt to break into the lucrative weight-loss drug market has spectacularly collapsed, triggering increased federal oversight of medication compounding operations nationwide.
Hims & Hers Health, an online healthcare platform, quickly withdrew its announcement to sell a compounded weight-loss pill for $49 after facing immediate pushback from both federal regulators and a major pharmaceutical manufacturer.
The company had planned to offer an oral version of semaglutide, the active ingredient found in popular weight-loss medications, even as established drugmakers Novo Nordisk and Eli Lilly were already working to reduce prices on their branded products.
Within just two days of the announcement, Hims reversed course after FDA Commissioner Marty Makary publicly criticized the offering and similar medications as “illegal copycats.”
Danish pharmaceutical giant Novo Nordisk then escalated the situation by filing a patent infringement lawsuit against the telehealth company over its injectable weight-loss products.
The oral medication could have provided Hims access to patients who prefer pills over injections, according to industry analysts. However, the company’s future growth strategy now remains uncertain.
“They probably looked at this as their next big driver of growth in the business,” explained Needham analyst Ryan McDonald. He noted that Hims’ other recent service additions, including testosterone treatments and cancer screenings, were “nice add-ons” but wouldn’t generate substantial new customer subscriptions independently.
Hims representatives declined to provide comment on the situation.
The company, led by entrepreneur Andrew Dudum, has marketed itself as an affordable healthcare alternative, including through an expensive Super Bowl advertisement campaign.
Hims has also worked to increase its political influence, contributing $1 million to President Donald Trump’s inauguration – matching donations from much larger pharmaceutical companies like Pfizer and Gilead.
The telehealth platform’s recent expansion has been largely driven by injectable weight-loss treatments. Company sales were under $900 million in 2023, before introducing the injection services, but Wall Street projects revenues will surpass $2.3 billion when 2025 results are announced Monday. Analysts anticipate fourth-quarter sales of $620 million, representing a 28% increase.
While Hims has maintained sales growth rates between 59% and 94% over the past four years, forecasts suggest growth will slow to approximately 17% over the next two years.
Company stock prices have dropped to less than 25% of their mid-2023 peaks and have fallen more than 45% since the weight-loss pill announcement.
Industry experts project the obesity medication market will reach roughly $100 billion in annual sales by 2030. Novo Nordisk executives believe oral medications could account for one-third or more of that market, with Eli Lilly potentially launching its oral treatment as early as April.
Compounding pharmacies gained temporary permission to market their own versions of GLP-1 medications during widespread shortages in recent years. After branded medication supplies stabilized last year, companies like Hims continued selling what they termed personalized compounded versions, adjusting dosages or ingredients to address side effects and allergies.
However, analysts suggest Hims may have overstepped regulatory boundaries with its pill proposal.
GLP-1 compounds are fragile peptides requiring specialized technology to remain effective when taken orally. Hims couldn’t utilize Novo’s patented absorption technology for oral semaglutide, the primary component in Wegovy and Ozempic. Instead, the company planned to employ complex liposomal technology to enhance absorption.
Manufacturing experts indicated this technology would likely prove difficult to produce in personalized doses and could raise safety concerns with regulators, particularly since the manufacturing process lacked prior FDA approval.
“It’s a tricky technology,” said Prashant Yadav, a professor of technology and operations management at INSEAD business school. Yadav likened liposomal particles to bubbles, explaining that incorrect application could render the medications ineffective.
“Each of those bubbles has to be precisely the right size,” Yadav detailed. “If some are too big or are too small, then it has the problem that it won’t carry the payload, or it may carry the payload, and when it’s time to release, it may not release it in the right quantity.”
BMO Capital Markets pharmaceutical analyst Evan Seigerman, who follows Lilly, predicts compounded GLP-1 sales will continue declining as branded medication prices decrease, insurance coverage expands, and regulatory oversight intensifies.
“That’s the problem with a platform that’s kind of based on selling of a gray-market product,” Seigerman observed. “Lilly and Novo are always going to be able to make their product more efficiently. They have the scale, so they’re going to win.”
While major airlines chase after big-spending travelers, Frontier Airlines is taking a different approach by betting on budget-conscious passengers who are watching their wallets more carefully.
The airline’s newly appointed CEO James Dempsey shared with Reuters that concentrating on lower fares and encouraging travel during slower periods remains a viable approach for 2026. This strategy aims to grab customers previously served by Spirit Airlines, which entered bankruptcy protection for the second time in August 2025.
After taking over as CEO in January following the sudden exit of former chief executive Barry Biffle, Dempsey addressed recent media speculation about Frontier’s future. Reports had surfaced suggesting passengers couldn’t reserve flights beyond April, raising concerns about potential bankruptcy.
“They are categorically untrue,” Dempsey stated regarding the bankruptcy speculation. He explained that booking limitations were actually the result of schedule restructuring in preparation for spring and summer seasons. “We are very focused on the go-forward plan on Frontier and right-sizing our fleet,” he added. “It puts us in a very strong position to bring the airline back to profitability.”
However, Wall Street remains doubtful about the carrier’s strategy of returning to its traditional high-utilization approach, where airlines maximize aircraft usage to spread operational expenses across more flights and reduce per-unit costs. Frontier’s stock has plummeted 19% over five days and dropped 44% during the past year.
“We offer value to customers at fares that enable people to travel who would not otherwise travel,” Dempsey explained. “We think that the model is phenomenally beneficial to consumers.”
Aviation industry experts note that this high-utilization strategy has faced difficulties since the pandemic began, as operational expenses have increased while established airlines have moved into discount carriers’ territory. Should demand for budget travel weaken, Frontier could see deeper financial losses under growing investor scrutiny.
JP Morgan equity analyst Jamie Baker wrote in a research report: “Frontier’s deeply negative margins are second only to Spirit’s, and remain among the worst peacetime margins we’ve ever witnessed.”
These difficulties have sparked industry discussions about potential consolidation, including possible partnerships between Frontier and Spirit.
CHALLENGING CONDITIONS
Baker’s estimates show Frontier’s fourth-quarter earnings dropped 9.6% when excluding profits from sale-leaseback deals, while costs per available seat mile without fuel increased 7% compared to the previous year. A company representative attributed higher expenses in 2025 to reduced aircraft utilization.
Data analytics company Cirium reported that Frontier expanded seating capacity by 18% at the start of 2024. However, the airline operated 3.5% fewer seats in 2025 versus 2024 due to weakened demand conditions.
Speaking after the February 11 quarterly earnings report, Dempsey expressed optimism about recent demand improvements as the company enhances its loyalty program and Spirit withdraws from competing markets.
Frontier reported a 10% increase in revenue per available seat mile during the current quarter, suggesting stronger pricing capabilities.
“It’s a testament to some of the changes that we’ve made around disciplined pricing and giving customers clarity and transparency around what they’re purchasing,” Dempsey noted.
Despite focusing on budget travelers, the airline still pursues higher-paying customers through plans to launch first-class seating later this year and install Wi-Fi service by the end of 2027.
“We’re very focused on having a diversified product in the cabin,” he said. “You’ve seen post-COVID the change in customers’ appetites to pay for premium products.”
Following the pandemic’s end, numerous U.S. carriers including Delta Air, United Airlines, and American Airlines have emphasized luxury travel to boost profits and minimize exposure to economic fluctuations.
Dempsey announced Frontier’s intentions to shrink its fleet size while pursuing $200 million in yearly cost reductions by 2027 to improve operational performance. According to Cirium data, Frontier ranked at the bottom among 10 North American airlines for on-time performance in 2025.
SPIRIT NEGOTIATIONS
Merger discussions between Spirit and Frontier have continued since 2022 without reaching a final deal. Dempsey refused to comment on whether negotiations remain active.
During Spirit’s initial Chapter 11 bankruptcy process, the airline turned down multiple Frontier proposals in early 2025, including a $2.16 billion bid. After Spirit’s second bankruptcy filing in August 2025, Frontier submitted another offer that sources described to Reuters as unfeasible.
“We look at opportunities as they arise, and we’ll be disciplined in how we assess those opportunities,” Dempsey said. “If it’s favorable to Frontier, we would pursue it.”
In January, smaller airlines Sun Country and Allegiant revealed merger plans, as post-pandemic changes in pricing dynamics have highlighted weaknesses among low-cost carriers.
Jeff Potter, who served as Frontier’s CEO from 2002 to 2007, commented: “Sun Country and Allegiant make business sense, and I’m not sure that same box is checked when you look at a Frontier-Spirit.”
“You have two companies that for lack of better terms are finding their way through some financial challenges and I don’t think that improves if there were a combination now,” Potter added.
Dense fog conditions have developed across Delaware, creating hazardous driving conditions throughout the First State. The Delaware Department of Transportation is urging all drivers to exercise extreme caution while on the roads.
Visibility has been significantly reduced in multiple areas across Delaware, with fog intensity varying from location to location. The atmospheric conditions have created a safety concern for motorists traveling on state highways and local roads.
Transportation officials recommend that drivers reduce their speed, increase following distances, and use low-beam headlights when navigating through the foggy conditions. Motorists should also avoid using high-beam headlights, which can reflect off the fog and further reduce visibility.
The fog advisory remains in effect as weather conditions continue to impact travel safety throughout Delaware.
A tragic avalanche has claimed eight lives in the backcountry terrain northwest of Lake Tahoe, authorities report. The deadly slide struck a group of backcountry skiers in the mountainous region.
Search and rescue operations continue for one person who remains unaccounted for and is believed to have perished in the avalanche. However, hazardous weather and terrain conditions are hampering efforts to locate the missing individual.
The incident highlights the ongoing dangers facing winter recreation enthusiasts in mountainous backcountry areas, where avalanche risks can be severe.
Agricultural professionals are encouraging Delaware area farmers to begin inspecting their machinery immediately to prevent potential setbacks when the busy spring planting season arrives.
Alex Case, a retail sales agronomist with Brevant Seeds, notes that many producers have likely already begun examining their equipment. “Those planters, tending vessels, all those things out and look them over. And not just the bearings, bushings, belts, pulleys, motors, the technology piece right,” Case explained.
The recommendation comes as farmers across the region prepare for another planting season, with proper equipment maintenance being crucial for avoiding expensive delays during the narrow window when field conditions are optimal for planting operations.
With Ash Wednesday marking the beginning of Lent this week, Catholic clergy nationwide are preparing for increased activity in their confessionals. Believers throughout America are rediscovering the sacrament of reconciliation, which has transformed from an uncomfortable listing of wrongdoings into a healing journey toward divine grace.
“They come to confession feeling as if they are terrible, but … they are displaying the fact that they want to be good,” said the Rev. Patrick Gilger, a Jesuit priest in Chicago. “The fact that somebody shows up to confession is a lived act that they desire holiness.”
While many religious traditions incorporate periods of self-denial, repentance and forgiveness before significant holy days, Catholics view the sacrament of penance as an ongoing practice meant to occur weekly or monthly. During confession, individuals share their sins with a priest, promise to avoid repeating them, receive absolution, and complete assigned penance before returning to receive Communion.
“This becomes kind of a marker for Catholics. It’s something they do, which their Protestant and other non-Catholic neighbors don’t do,” said James O’Toole, a Boston College professor emeritus and author of a new history of confession.
Prior to the final decades of the 1900s, Catholic confession followed a predictable pattern. Churches and educational institutions maintained categorized lists of transgressions, ranging from serious mortal sins like adultery that violated commandments to minor venial sins such as disrupting church services.
The process typically moved quickly – penitents would detail their sins and frequency, recite an act of contrition, then receive penance such as reciting ten Hail Marys. However, O’Toole noted that confession participation experienced a dramatic decline afterward, influenced by expanding psychological understanding of human nature, shifting cultural attitudes toward sexuality, and scandals involving clergy misconduct.
According to the Rev. Thomas Gaunt, who directs Georgetown University’s Center for Applied Research in the Apostolate, the Catholic Church doesn’t collect confession statistics, making current participation trends difficult to measure precisely.
Nevertheless, American parishes report growing interest, and priests describe how the sacrament now emphasizes conversations about divine mercy and love while still maintaining acknowledgment of sins and receiving forgiveness as central elements.
“There’s only so many ways to go wrong. There’s an infinite number of ways to be right and to have God’s life coursing through you,” said the Rev. Mike Nugent, who was ordained in 2023 and is parochial vicar at Saint Ambrose Catholic Church in Annandale, Virginia.
Modern confessors aren’t simply offering easy forgiveness – priests cannot grant absolution without genuine willingness to change from the penitent. However, they strive to demonstrate the same compassion that Gospel accounts show Jesus extending to various sinners.
“What sinfulness is in the Catholic Church’s theological understanding is the intentional, willful distancing of oneself from God,” said Gilger, who also teaches at Loyola University. “The point of confessing your sins, of attending to sins, is only to allow the God who wants to be with us to rush back into the emptiness that those sins have created.”
Multiple priests describe confession as having therapeutic benefits for both participants, particularly in today’s society that tends toward judgment rather than forgiveness.
“The individual can both confront him or herself, sort of acknowledge these things, and at the same time experience, from God through another person, mercy, forgiveness, and hope,” said the Rev. Brendan Hurley. He oversees the penance preparation program at the Pontifical North American College, next to the Vatican, where Nugent studied.
The confidentiality of confession remains absolute, with the Vatican consistently opposing legislative attempts to require certain disclosures.
Whether kneeling before a traditional wooden confessional screen or meeting face-to-face with their confessor, most people seek to release emotional burdens and receive concrete encouragement, according to priests.
“It’s about healing,” said the Rev. John Kartje, rector of Mundelein Seminary in Illinois and a priest for nearly a quarter century. “You need trust, you need openness, you need vulnerability, you need honesty.”
This approach results in what Nugent humorously calls confession having “a strong customer satisfaction rating.” His parish, along with others in the Diocese of Arlington, will begin offering Wednesday evening confessions simultaneously starting next month.
“Knowing that I’m loved even with my struggle, even with sin, even with the things that are challenging and shameful in my life, that I am still loved perfectly — my gosh, that is good news,” Nugent added.
Priests encounter dramatically varied confession experiences, from individuals with only hours to live to those revealing major secrets like infidelity or theft that they’ve never previously spoken aloud.
Other situations require guiding overly vague penitents who might only say “I haven’t been true to myself” or those struggling to accept church teachings on widely accepted practices like contraception.
What clergy emphasize they avoid is showing disapproval or adopting harsh, judgmental approaches. Instead, they concentrate on reinforcing God’s continuing love and presence.
“Then people know what the thing that they’re doing is that’s keeping them away from God,” Gilger said.
Traditionally, seminary students studied moral theology through detailed manuals that functioned as “clear rule books,” which influenced what Catholics learned through religious education, according to O’Toole.
While seminaries still include penance courses near graduation, today’s training emphasizes “creating a space where the penitent can feel comfortable,” Hurley said.
Seminary students now practice with faculty and fellow students while also regularly participating in confession themselves – a practice maintained by all priests, including the Pope.
Both receiving and administering confession ultimately represents an expression of faith.
“I think the learning curve when you first get out (of seminary) is … don’t fall in the trap of thinking this is all on you, because sometimes that leads to being overly strict,” Kartje said. “I’m hearing your confession. I’m saying the words of absolution. But the only real healer is the Holy Spirit.”
The understanding that they serve as channels for divine grace to struggling individuals motivates many priests to spend hours listening to admissions of wrongdoing.
“You’re not just there for what Jesus is doing in healing that person. You also have this privileged role in being present as someone shows incredible virtue,” Nugent said. “When someone comes and says, ‘Father, these are the things I’ve done,’ there’s so much honesty, there’s so much humility, a great generosity of spirit, a great faith in the God who will forgive them.”
While serving as confessor can be emotionally demanding, it also provides significant rewards, Gilger noted.
“I remember some confessions, the hard things people said, but … mostly what I remember is how amazing people are, and it’s immensely consoling,” he said.
A 19-year-old Palestinian-American man died Wednesday night during violent confrontations in the Israeli-occupied West Bank, according to Palestinian health officials.
Palestinian Health Ministry officials identified the victim as Nasrallah Muhammad Jamal Abu Siyam, who they say was fatally shot by settlers in Mukhmas village, located north of Jerusalem.
Israeli military officials provided a different account, stating that their forces responded to violent disturbances in the region and worked to break up rioting. Military representatives said unidentified individuals opened fire on several Palestinians, who were then transported for emergency medical care.
Abu Siyam’s mother confirmed to The Associated Press that her son possessed U.S. citizenship. The American Embassy has not responded to requests for comment regarding the incident.
Extremist settler violence throughout the West Bank has dramatically increased over recent years.
Palestinian communities and human rights organizations maintain that Israeli authorities consistently fail to bring settlers to justice or hold them responsible for acts of violence. Data from Israeli human rights organization Yesh Din shows that investigations into settler attacks have dropped significantly under National Security Minister Itamar Ben-Gvir’s leadership.
Israeli prosecutors made an unusual announcement earlier this week, revealing plans to file charges against a settler for killing a Palestinian activist during an altercation that was recorded on video.
The occupied West Bank and east Jerusalem house more than 3.4 million Palestinians alongside 700,000 Israeli settlers. Israel seized these territories during the 1967 war, and Palestinians view them as essential for establishing a future independent state. Most of the international community views Israeli settlement expansion in these areas as violating international law and hindering peace efforts.
A new report from the Committee to Protect Journalists reveals that dozens of Palestinian journalists detained by Israel during the Gaza conflict endured harsh treatment, including beatings, forced uncomfortable positions, isolation tactics, sexual abuse and inadequate medical attention.
The organization has verified the detention of at least 94 Palestinian journalists and one media worker throughout the Gaza war. This includes 32 journalists and one media worker from Gaza, 60 from the West Bank, and two from Israel. Thirty journalists remain imprisoned, according to CPJ findings.
The investigation revealed that half of the detained journalists never faced formal charges and were imprisoned through Israel’s administrative detention system, which permits holding individuals considered security threats for six-month periods that can be extended without limit.
Israeli prison authorities have not yet responded to requests for comment about the report, though they previously dismissed a similar January report about Palestinian prisoner conditions as containing “false allegations,” maintaining they operate within legal bounds, face proper oversight and investigate complaints.
The extensive damage throughout Gaza will require a minimum of seven years just to clear away debris, according to United Nations Development Program estimates.
Former Belgian Prime Minister Alexander De Croo, who recently visited Gaza, reported that UNDP workers have cleared only 0.5% of the rubble, and Gaza residents are living in “the worst living conditions that I have ever seen.”
De Croo described how 90% of Gaza’s 2.2 million residents are living in “very, very rudimentary tents” surrounded by debris, creating serious health risks and dangers from unexploded ordnance.
He noted that UNDP has constructed 500 improved temporary housing units with 4,000 more prepared for deployment, but estimates show the actual need ranges from 200,000 to 300,000 units. These temporary structures are designed to provide shelter during the reconstruction process. He urged Israel to allow greater access for reconstruction materials and goods, and called for private sector involvement in development efforts.
LONDON — British authorities have taken Andrew Mountbatten-Windsor into custody Thursday, charging the former royal with suspected misconduct in public office.
Following standard UK procedures, Thames Valley Police did not publicly identify the detained individual by name. However, when questioned about Mountbatten-Windsor’s arrest, officials referenced their statement about apprehending a man in his sixties. The former Prince Andrew is currently 66 years old.
Thames Valley Police released the following official statement:
“During our ongoing investigation, we detained a man in his sixties from Norfolk today (19/2) under suspicion of misconduct in public office. We are currently conducting searches at properties located in both Berkshire and Norfolk.”
“The detained individual continues to be held in police custody.”
“In accordance with national protocols, we will not be disclosing the identity of the arrested individual. We also remind everyone that this matter is now an active case, so caution must be exercised in any reporting to prevent contempt of court violations.”
Assistant Chief Constable Oliver Wright provided additional details about the investigation:
“After conducting a comprehensive review, we have initiated a formal investigation into this allegation of misconduct in public office.”
“Maintaining the integrity and impartiality of our investigation is crucial as we collaborate with our partners to examine this alleged violation.”
“We recognize the considerable public attention surrounding this matter, and we will share additional information when it is appropriate to do so.”
BUENOS AIRES, Argentina — Major labor organizations across Argentina launched a country-wide work stoppage Thursday in opposition to President Javier Milei’s proposed changes to workplace regulations, escalating tensions between the libertarian president and influential union groups while lawmakers consider the controversial legislation.
The strike brought widespread disruption as financial institutions and government schools shuttered, public transit systems halted operations, air carriers grounded hundreds of scheduled flights, and medical facilities delayed non-critical procedures. The work stoppage coincided with legislative discussions in Argentina’s lower chamber, occurring one week following the Senate’s preliminary endorsement of the workplace reform measure.
This demonstration of union strength — encompassing employees from transit, building trades, food industry, and other essential sectors — reflects growing discontent with Argentina’s unsteady economic progress under Milei’s administration. While his government has achieved monetary stability in a nation previously troubled by soaring prices, challenges remain with joblessness, wage stagnation, and sluggish economic expansion.
The president views updating Argentina’s five-decade-old employment regulations as essential for attracting international investment, enhancing worker productivity, and generating employment opportunities in a nation where approximately 40% of the workforce operates in the informal economy.
Labor organizations contend the proposed changes would erode established worker safeguards by diminishing severance compensation, limiting strike rights, simplifying employee termination procedures, and permitting extended 12-hour shifts.
“The labor reform project is entirely regressive,” stated Cristian Jerónimo, a prominent figure within the General Confederation of Labor, Argentina’s primary union alliance, during a media briefing about the strike. “The only thing it prioritizes is the restriction of workers’ rights.”
Strong union resistance has previously blocked government initiatives to modernize Argentina’s outdated employment framework, which experts consider among Latin America’s most expensive for businesses to navigate.
The labor reform’s outcome represents Milei’s first major political challenge since his emerging libertarian movement, La Libertad Avanza, secured victory in Argentina’s recent midterm contests with support from key partner U.S. President Donald Trump.
The timing proved awkward for the Argentine leader, who was attending Trump’s inaugural Board of Peace gathering in Washington during the strike.
Should the workplace legislation survive Thursday’s lower house proceedings, it requires Senate approval next week before enactment into law.
This additional step became necessary after a last-minute provision reducing wages by half for workers on medical leave for non-workplace injuries sparked outrage among opposition legislators, forcing government modifications to the Senate-approved version.
Union data indicates roughly 40% of Argentina’s 13 million documented workers maintain union membership, with many connected to the labor-focused populist Peronist movement that controlled the previous administration and influenced national politics for generations.
The Arkansas-based retail giant continued its winning streak during the holiday shopping season, attracting customers across all income levels with its commitment to affordable prices, the company announced Thursday.
Despite the strong performance, Walmart’s stock dropped nearly 3% in pre-market trading after the company provided a conservative outlook for the months ahead, suggesting potential economic headwinds.
For the quarter ending January 31st, Walmart posted profits of $4.24 billion, translating to 53 cents per share. When adjusted for one-time items, earnings reached 74 cents per share, slightly beating analyst predictions of 73 cents according to FactSet data.
This represents a decline from the previous year’s net income of $5.25 billion, or 65 cents per share.
Revenue climbed 5.6% to reach $190.7 billion, up from $180.6 billion in the same period last year, surpassing Wall Street forecasts.
Same-store sales, which include both physical locations and online purchases, increased 4.6% following a 4.5% gain in the prior quarter.
The company’s worldwide online business surged 24%.
This marks the first quarterly report under new leadership in over ten years. John Furner, age 51, who previously oversaw the company’s domestic operations, replaced Doug McMillon as CEO earlier this month. McMillon had transformed the nation’s largest retailer into a technology-driven powerhouse and led a period of strong revenue growth since taking the helm in 2014.
Walmart’s stock value has jumped more than 25% since its previous quarterly announcement, and the company recently achieved a historic milestone by becoming the first non-technology corporation to surpass a $1 trillion market valuation.
This success comes as American consumers remain cautious about their spending due to persistent inflation, making Walmart’s performance a key indicator of overall consumer health given its enormous customer reach. The retailer serves more than 150 million shoppers weekly across its digital platforms and physical locations.
Although inflation has moderated, consumer costs have climbed approximately 25% over the last five years. Economic experts anticipate that additional companies may start transferring increased expenses from higher U.S. import duties to consumers in the coming months.
Walmart’s focus on competitive pricing has expanded its customer demographic to include more affluent buyers, with the most significant market share increases coming from families earning more than $100,000 annually.
The retailer has navigated rising costs through strategic product mix adjustments while absorbing some increased expenses internally.
Looking forward, Walmart projects current quarter sales growth between 3.5% and 4.5%, with earnings per share expected to fall between 63 and 65 cents. For the full year, the company anticipates reaching $706.4 billion in sales with earnings per share of $2.64.
These projections fall slightly below Wall Street expectations. Financial analysts surveyed by FactSet had predicted first-quarter earnings of 68 cents per share and annual earnings of $2.64 per share on revenues of $712.6 billion.
Walmart’s newly appointed CEO John Furner is taking a measured stance on future growth projections, setting expectations below what Wall Street analysts had hoped for as he begins leading the retail giant.
Despite strong performance during the holiday shopping season, Furner’s team announced Thursday they anticipate annual sales growth between 3.5% and 4.5% for the upcoming year. This forecast falls short of analyst predictions, which had estimated roughly 5% growth.
The cautious projections come as Furner steps into his leadership role, having previously guided Walmart’s domestic operations through the pandemic. Market observers had anticipated this conservative approach as the new CEO establishes his strategy.
However, the company’s recent performance tells a positive story. Fourth-quarter revenue climbed 5.6% to reach $190.66 billion, slightly exceeding projections. Same-store sales in the United States jumped 4.6%, surpassing the 4.2% increase that analysts had expected.
“The pace of change in retail is accelerating… For our customers and members, the future is fast, convenient, and personalized,” Furner stated. The company simultaneously revealed plans for a substantial $30 billion share repurchase program.
Walmart’s digital commerce division particularly impressed investors, with online sales climbing 27% during the quarter. This marked the fifteenth consecutive quarter of double-digit e-commerce growth for the Arkansas-based retailer.
The company has successfully attracted higher-income shoppers, with households earning over $100,000 annually driving much of the market share gains over the past two years. These more affluent customers have embraced Walmart’s expanded delivery options, including same-day service and curbside pickup.
Store-fulfilled delivery services experienced explosive growth, increasing more than 50% during the quarter. Foot traffic data from Placer.ai showed customer visits to Walmart’s 4,600 locations rose every month of the reporting period.
While other retailers have struggled with consumers avoiding higher-priced merchandise, Walmart has maintained its appeal through competitive pricing and grocery dominance. The influx of wealthier shoppers has boosted sales of profitable items including apparel, kitchen goods, furniture, and toys.
Furner takes over as Walmart becomes the first retailer to surpass $1 trillion in market capitalization, with shares gaining 22% over the past year. David Guggina now leads the U.S. division, which generates nearly 70% of the company’s total revenue.
The retailer’s resilience stands out amid broader economic pressures, including tariff impacts on imported goods from China and other countries. While overall U.S. retail sales showed weakness in December, Walmart continued attracting value-seeking customers across all income levels.
Looking ahead, the company projects adjusted earnings per share between $2.75 and $2.85, which also trails analyst expectations of $2.96. Walmart shares dropped 2.6% in pre-market trading following the announcement.
Software services company EPAM Systems announced Thursday that its projected first-quarter financial performance matches Wall Street expectations, driven by continued corporate investment in artificial intelligence system upgrades that increase demand for the firm’s technology services.
The Pennsylvania-based business offers comprehensive information technology solutions, including advisory services, cloud computing, artificial intelligence transformation, and software development.
Even with widespread economic concerns, companies have maintained their spending on software creation and AI-powered modernization initiatives as they work to stay competitive in the artificial intelligence marketplace.
EPAM projects first-quarter earnings between $1.38 billion and $1.40 billion, with the middle estimate matching analyst predictions compiled by LSEG data.
The company anticipates adjusted earnings per share ranging from $2.70 to $2.78, which also aligns with Wall Street forecasts.
During the fourth quarter, EPAM reported $1.41 billion in revenue, surpassing analyst expectations of $1.39 billion, along with adjusted earnings per share of $3.26, which also exceeded predictions.
Stock prices for the Newtown, Pennsylvania-headquartered company dropped more than 4% during pre-market trading sessions.
Agricultural equipment manufacturer John Deere announced Thursday it has increased its yearly earnings projections, driven by recovering construction and compact farming equipment sectors along with expense reductions that helped offset sluggish machinery demand. The news boosted the company’s stock price by 4.7% in pre-market trading.
The Illinois-based equipment giant had previously reduced manufacturing output to address declining demand for new machinery, as farmers face lower commodity prices and increased operating expenses that delay major equipment investments.
Deere is collaborating with its dealer network nationwide to decrease stockpiled inventory levels.
American agricultural producers are preparing for another year of depressed crop values and high operational costs, creating difficult choices about continuing their farming operations amid abundant grain supplies that keep market prices low.
The machinery manufacturer now projects 2026 net earnings between $4.5 billion and $5 billion, an increase from the previous estimate of $4 billion to $4.75 billion.
“While the global large agriculture industry continues to experience challenges, we’re encouraged by the ongoing recovery in demand within both the construction and small agriculture segments,” CEO John May said.
“These positive developments reinforce our belief that 2026 represents the bottom of the current cycle.”
The company has revised its 2026 revenue expectations for its Small Agriculture & Turf and Construction & Forestry divisions, anticipating approximately 15% growth in each sector compared to the earlier projection of roughly 10% increases.
President Donald Trump’s extensive tariff policies have impacted the company’s operational earnings, placing Deere among numerous industrial firms affected by recent White House policy changes.
The Moline, Illinois-headquartered manufacturer has faced difficulties from increased production expenses due to tariffs, as the company depends heavily on imported raw materials for producing its signature green and yellow tractors.
Quarterly net earnings reached $656 million, equivalent to $2.42 per share, representing a decline from the previous year’s $869 million, or $3.19 per share.
First-quarter revenue for Deere increased 13% to $9.61 billion, compared to $8.50 billion in the same period last year.
Technology stocks found some relief Wednesday following news that Nvidia secured a significant multi-year agreement to provide artificial intelligence chips to Meta Platforms, though rising oil prices are creating new market concerns.
The chip manufacturing giant, currently the world’s most valuable company, will supply Meta with millions of both existing and next-generation AI processors. While financial terms weren’t disclosed, Nvidia shares climbed 1.6% on the announcement, building momentum ahead of the company’s earnings report scheduled for next Wednesday.
The partnership highlights the massive capital expenditures planned by major technology companies through 2026, with Meta preparing to nearly double its AI-focused investment spending. The deal also addresses recent investor worries about increasing competition facing Nvidia in the semiconductor market.
However, the agreement underscores how concentrated artificial intelligence development remains among a small group of companies. Nvidia’s most recent financial results revealed that four customers alone accounted for 61% of the company’s revenue growth.
Market sentiment appears to be shifting again, with S&P 500 futures trading lower ahead of Thursday’s opening bell. Adding pressure to equities, crude oil prices surged more than 4% Wednesday, approaching yearly highs amid escalating tensions between the United States and Iran, plus ongoing diplomatic discussions involving Ukraine and Russia.
Parallel negotiations in Geneva addressed both international conflicts this week. The Ukraine-Russia talks concluded Wednesday without significant progress, while U.S.-Iran discussions continue despite both nations increasing military activities and exercises.
Oil prices also gained support from data showing U.S. industrial production and manufacturing posted their largest monthly increase in nearly a year during January.
Rising energy costs contributed to higher U.S. Treasury yields after Federal Reserve meeting minutes revealed strong opposition to additional interest rate cuts. The central bank documents also showed divided opinions on how the AI revolution might affect productivity and inflation rates.
The dollar retreated but remained above recent lows.
Thursday’s economic calendar includes Walmart’s quarterly earnings, weekly unemployment claims, and the Philadelphia Federal Reserve’s latest business activity surveys.
In commodity markets, prices for two critical rare earth elements used in electric vehicle magnets and defense equipment have doubled over seven months due to supply constraints and growing demand. The price surge for neodymium and praseodymium has risen above the $110 per kilogram threshold established by the U.S. government, meaning taxpayers won’t need to subsidize domestic miner MP Materials’ production.
These four-year price highs also benefit other rare earth companies that Western governments hope will reduce dependence on China, the world’s dominant producer.
Key economic data releases Thursday include December trade balance figures, weekly jobless claims, and Philadelphia Fed business surveys, all at 8:30 AM. Several Federal Reserve officials are scheduled to speak, including Michelle Bowman, Atlanta Fed President Raphael Bostic, and Chicago Fed President Austan Goolsbee.
LIVIGNO, Italy – Olympic officials moved several freestyle skiing competitions to Friday after heavy snowfall made conditions unsafe Thursday at the Italian Alpine venue, though organizers say the schedule adjustments won’t significantly impact the Games concluding this weekend.
Competition organizers rescheduled the men’s aerials qualifying rounds and finals to begin Friday at 9:30 a.m. GMT, with the men’s halfpipe qualifying sessions starting an hour later.
Women’s halfpipe qualifiers remained on Thursday’s evening schedule, though officials planned to assess conditions before making a final decision on those events.
“Snow is an occupational hazard of winter sports,” International Olympic Committee spokesperson Mark Adams said during a press briefing.
“They are well used to dealing with delays, changes and bad weather … We are used to it, the federations are used to it. It is something we have to work with, unfortunately.”
Weather-related schedule modifications aren’t unusual for the mountain resort of Livigno, situated near Switzerland’s border and nicknamed “Little Tibet” for its remote Alpine location.
Winter Olympic organizers routinely adjust competition schedules when weather conditions interfere with events.
Earlier this week, officials delayed the women’s snowboard slopestyle finals and postponed the start of freestyle aerials competitions for both male and female athletes.
The Olympic closing ceremony is scheduled for Sunday evening at 7:00 p.m. GMT in Verona.
A devastating blast tore through a New York church building on Tuesday, leaving five people injured including the church’s pastor and emergency responders. The explosion occurred at Abundant Life Church in Boonville after firefighters arrived to investigate reports of gas fumes in the structure.
New York State Police are looking into the incident that produced massive clouds of dark smoke. Four individuals were located in the church’s lower level when the heating system activated, causing the explosion. The house of worship, situated approximately 50 miles northeast of Syracuse, relied on propane tanks for heating. Authorities report the structure suffered severe damage from the blast.
In other religious news, the Lenten period has begun as Christians worldwide prepare for Easter Sunday. While different denominations may vary in their calculation methods, the traditional 40-day observance holds deep significance. This timeframe reflects biblical references to the number 40, often associated with periods of trial, cleansing, and spiritual preparation. The tradition most closely mirrors Jesus Christ’s 40-day fast in the desert following his baptism, as he prepared for his ministry.
Throughout this sacred season, believers concentrate on spiritual disciplines including prayer, acts of service, and fasting. Many participants choose to abstain from certain activities during Lent, with modern observers often choosing to limit their use of electronic devices and social media.
California pastor Greg Laurie has announced plans for a summer evangelical gathering in Ohio. The single-evening Harvest Crusade will take place on June 13th at Tom Benson Hall of Fame Stadium in Canton. Laurie, who oversees the Harvest megachurch in California, organizes multiple similar events annually. The free public event will showcase Christian musicians Chris Tomlin and Jeremy Camp. “We’re seeing a remarkable openness to spiritual things among this generation. My prayer is that the Harvest Crusades add fuel to the fire, so to speak, of the spiritual awakening we’re seeing across our nation,” Laurie stated.
LGBTQ+ advocacy organizations have filed legal action against the current administration over the removal of a Pride flag from the Stonewall National Monument in New York. The historic site honors the LGBTQ+ rights movement and received federal designation under the previous administration. The rainbow banner had been on display since 2022, marking the first permanent installation of such a flag on federal property. Park officials removed the flag earlier this month, referencing a January directive that restricts flag displays to the American flag and the POW-MIA banner. The legal challenge argues the Pride flag provided important “context” to the memorial site and claims its presence is “essential.”
Extremist terror cells linked to ISIS have infiltrated Russia and occupied regions of Ukraine, posing a growing danger to Christian populations, according to a newly released annual report on religious persecution.
The study from Global Christian Relief documents how these terrorist networks have conducted fatal assaults targeting Christian congregations, clergy members, and houses of worship throughout the region. The organization warns this represents a growing trend of extremist violence against religious minorities.
The report states that “ISIS-linked groups have carried out lethal attacks affecting Christian communities, religious leaders, and places of worship—revealing an expanding pattern of extremist violence.”
Intelligence sources indicate these Islamic extremist factions are specifically targeting Russia in response to Moscow’s military assistance to Syrian President Bashar al-Assad’s government throughout the ongoing Syrian conflict.
Fresh research from Religion Unplugged reveals that nearly half of American church members – 44% – admit their wrongdoings to God on a daily basis, while an additional 26% engage in this spiritual practice multiple times throughout the week.
The study’s findings indicate a significant portion of religious Americans maintain regular confession habits. Scott McConnell from LifeWay Research views these statistics positively, noting the practice goes against current societal trends. “The confession of sins to God is counter-cultural. Today, many people in America want to set their own moral compass, but we see large numbers of churchgoers acknowledging God’s authority in their lives,” McConnell stated.
The data suggests that despite broader cultural movements toward individual moral decision-making, a substantial number of religious Americans continue embracing traditional spiritual practices that recognize divine guidance in their personal conduct.
A recent study from Real Clear Investigations has uncovered a significant shift in American religious attendance patterns, showing that male churchgoers now outnumber female attendees for the first time in 25 years.
The research highlights a notable demographic change occurring alongside evolving political alignments, where increasing numbers of men are aligning themselves with the Republican Party as women gravitate toward the Democratic Party.
Additionally, the study suggests that the long-standing decrease in Christian faith participation across the United States may be stabilizing, with some areas experiencing signs of religious renewal and growth.
New York’s Democratic Senator Chuck Schumer has put forward legislation that would extend federal protections currently reserved for the American flag to include the rainbow Pride flag. The bill comes in response to the Trump administration’s refusal to display the Pride flag at a memorial site in New York dedicated to LGBTQ rights.
Schumer described the Stonewall memorial location as “sacred ground” when discussing his proposed legislation. However, political observers note that the measure faces slim chances of advancement given the current Republican control of Congress, with some viewing the proposal as a politically motivated move rather than serious policy.
CORTINA D’AMPEZZO, Italy – While Lindsey Vonn drew worldwide attention with her ambitious return to Olympic competition, it was American skiing legend Mikaela Shiffrin and Italy’s Federica Brignone who ultimately stole the show on the alpine slopes.
Vonn’s inspiring story of attempting to become the oldest Olympic alpine medalist at age 41, despite battling a severe knee injury, captivated audiences worldwide. However, her dreams came to a devastating end when she suffered a horrific crash during the downhill event, her screams echoing across the mountain as she was airlifted to the hospital.
The dramatic accident overshadowed teammate Breezy Johnson’s surprising gold medal victory in that same downhill race. The 30-year-old Johnson claimed Olympic glory despite never winning a World Cup event and having just one podium finish this season, adding the Olympic crown to her world championship from the previous year.
Johnson’s unexpected triumph set the stage for more remarkable comeback stories to unfold.
Brignone’s journey reads like a movie script. The 35-year-old Italian was riding high as giant slalom world champion when disaster struck last April – a devastating multiple leg fracture that left many wondering if her racing career was over.
Fighting her way back from that injury, Brignone entered her home Olympics with modest expectations, simply hoping to participate. Instead, she delivered what can only be described as miraculous performances.
In the super-G, Brignone completely dominated the field, defeating France’s Romane Miradoli by a commanding 0.41 seconds.
“I told myself that it was a ‘make it or break it’, but I never thought I would win,” Brignone reflected.
But her fairy tale wasn’t finished. Brignone went on to capture a second gold medal in the giant slalom, completing an incredible double victory.
“I think my secret was not to feel any pressure, just to be happy to be here,” she explained.
Meanwhile, Shiffrin faced her own mountain to climb. The World Cup’s most successful racer, with a record-breaking 108 victories, hadn’t claimed Olympic gold since 2018. Her struggles continued early in these Games when she and Johnson finished fourth in the team combined event, missing out on a medal after Austria’s Ariane Raedler and Katharina Huber took the victory.
Things looked even bleaker when Shiffrin managed only 11th place in the giant slalom, a discipline that has troubled her mentally since a serious crash at the end of 2024.
“When I think about where I was last year I was like, ‘I don’t know, maybe I’ll never race again.’ So here we are in a totally different position,” Shiffrin said, trying to find silver linings after the giant slalom disappointment.
Having left the 2022 Beijing Olympics without any medals despite high expectations, Shiffrin faced the very real possibility of another empty-handed departure.
But with one final opportunity in the slalom, Shiffrin rose to the occasion spectacularly. She didn’t just win – she absolutely demolished the competition.
Her margin of victory over Switzerland’s Camille Rast, the only skier to defeat her in slalom this season, was an astounding 1.5 seconds. To put that dominance in perspective, all the winning margins in women’s Olympic slalom races dating back to 1998 combined total just 1.51 seconds. The 2022 Olympic slalom was decided by a mere 0.08 seconds.
Like Brignone before her, Shiffrin had delivered a performance for the ages when it mattered most.
President Donald Trump is scheduled to address economic concerns during a Thursday appearance in Georgia, as he continues efforts to convince voters that Republicans can deliver relief from persistent high prices before November’s congressional elections.
Trump secured his 2024 re-election victory largely by pledging to combat inflation, yet polling data indicates he faces challenges in demonstrating meaningful progress on reducing costs that burden American families.
Rising anxiety over expenses has become a significant concern for Republican lawmakers as they defend their congressional control in the upcoming November races.
The president’s address in Rome, Georgia, will focus on his strategies “to make life affordable for working people,” according to White House Press Secretary Karoline Leavitt’s Wednesday briefing with reporters. Trump is anticipated to speak at the Coosa Steel Corporation, based on Republican Party promotional materials.
While Trump won’t appear on November ballots, he has taken the lead role in communicating his party’s position on living costs. However, his recent economic addresses have sometimes wandered off-topic and have seldom recognized the financial pressures many Americans continue experiencing while shopping for groceries.
A Reuters examination of Trump’s five economic speeches since December revealed he claimed nearly 20 times that inflation had been defeated or significantly reduced, and stated almost 30 times that prices were dropping – claims that conflict with economic statistics and voters’ real-world experiences.
January’s annual inflation rate reached 2.4%, declining from December’s 2.7%. However, food costs increased nearly 3% year-over-year, meaning grocery bills continue rising for Americans, while housing expenses have also climbed.
Republican political advisors have indicated to Reuters that Trump’s inconsistent messaging on this voter frustration issue could damage credibility for both him and the Republican Party before the midterm contests.
Republicans maintain a narrow House majority and face potential loss of control, while Democrats require a net gain of four Senate seats to regain that chamber – a more difficult objective given their current defensive positions.
A new Reuters/Ipsos survey released this week shows Trump’s economic approval rating at 34%, dropping from last month’s 36%. Additionally, 57% of poll participants expressed disapproval of his economic performance.
During his Georgia appearance, Trump will likely promote his tax reduction measures that began last month, providing increased savings for millions of families, along with eliminated taxes on tips, overtime pay, and Social Security benefits.
Trump has also outlined proposals for reducing mortgage rates and housing costs, plus agreements with health insurance providers to cut prescription drug expenses.
The president will speak in a strongly conservative district previously held by Marjorie Taylor Greene. Greene, formerly a devoted Trump supporter, left her congressional position in January following a contentious break with the president.
A special election for Greene’s vacant seat is scheduled for March 10. Trump has endorsed a local prosecutor hoping to consolidate support, but his endorsement hasn’t prevented 14 other Republicans from joining the race, making this contest a measure of Trump’s influence within his Make America Great Again movement.
Car manufacturers across the nation are facing an unprecedented regulatory split as the Trump administration and California wage a legal battle over electric vehicle standards, with major financial consequences for both traditional automakers and electric vehicle companies like Tesla.
The Golden State is fighting back against a Republican congressional effort to eliminate California’s special authority to create its own vehicle emissions rules. Should California succeed in court, automakers could find themselves navigating two completely different regulatory frameworks: Trump’s policies that discourage electric vehicles versus California’s push toward zero-emission transportation, which a dozen other states have embraced.
The state has mandated that automakers must sell only electric vehicles or other zero-emission cars by 2035, with demanding intermediate goals that were supposed to start this year. Meanwhile, the Trump administration has eliminated federal electric vehicle incentives and support programs, causing a sharp decline in electric car sales across the country.
For many years, California has maintained its own stricter vehicle pollution standards with support from both Republican and Democratic federal administrations. Under recent Democratic leadership, California’s regulations generally matched federal policies that encouraged electric vehicles and improved fuel economy.
However, current California and federal regulations are moving in completely different directions. Trump relaxed emissions rules during his first presidency, but President Joe Biden reversed those changes. Now in his second term, Trump is taking an aggressive stance against federal electric vehicle support.
Republican lawmakers eliminated a $7,500 electric vehicle tax credit last year and removed penalties for automakers who failed to meet fuel efficiency requirements. Trump’s Environmental Protection Agency reversed an Obama-era scientific determination last week that classified greenhouse gas emissions as a public health threat — the legal basis for EPA vehicle pollution regulations established in 2010.
Eliminating California’s special waiver represents a crucial part of Trump’s approach, but the state’s legal challenge claims Congress acted unlawfully. The administration has requested dismissal of the case, with a federal court hearing scheduled for Thursday in Oakland, California.
California contends that Trump’s EPA and Congress used questionable tactics to reclassify California’s waivers as administrative “rules” that can be overturned through the Congressional Review Act. For decades, the EPA has stated in its California decisions that waivers are “not a rule” and the Congressional Review Act “does not apply” — a central argument in California’s lawsuit.
Should the administration prevail, traditional car manufacturers would experience reduced pressure to sell unprofitable electric vehicles in California and 11 additional states, which collectively represent 29% of U.S. new vehicle sales, according to S&P Global Mobility data. Tesla and other electric vehicle manufacturers could lose significant income from selling regulatory credits to other automakers for compliance purposes.
If California wins, traditional automakers might need to create separate vehicle lineups to satisfy two conflicting regulatory systems within the United States. The Alliance for Automotive Innovation, representing the industry, argues this would limit consumer vehicle options and has described California’s rules as an “unaccountable, unachievable regulatory wormhole.”
Mike Murphy, a former Republican strategist who helped establish the advocacy organization EVs for All America, explained that the California-federal conflict demonstrates how automakers are being “whipsawed” by political changes that disrupt their vehicle development and manufacturing strategies. Following Trump’s election, automakers have recorded $55 billion in electric vehicle investment writedowns.
“What I hear from all of them is, ‘This short-termism is killing us,’” Murphy stated. “We have a monkey at the controls in Washington, and it’s very hard to plan.”
White House spokesperson Taylor Rogers dismissed California’s lawsuit as “frivolous” and said Trump has “canceled unpopular green-energy subsidies that wasted Americans’ hard-earned tax dollars.”
California began establishing its own vehicle emissions standards during the 1950s while combating serious air quality issues from automotive and industrial pollution, including dense smog covering Los Angeles.
The Air Quality Act of 1967 allowed California to maintain this authority, granting the EPA power to approve California waivers for pursuing independent regulations. Administrations from both parties have subsequently approved more than 100 such waivers for the state.
During 2019, Trump’s EPA canceled portions of a waiver through formal rulemaking procedures, a lengthier process that California also contested in federal court. The Biden administration restored the waiver in 2022. In Trump’s second term, Republicans attempted a faster approach — eliminating the waiver through the Congressional Review Act.
The Government Accountability Office, an independent agency that historically determines whether agencies comply with the act, concluded last March that waivers are not rules because they represent a “case-specific, individual determination” rather than a “broad application of general principles.”
Congressional Republicans ignored the GAO finding, maintaining that Congress holds authority to define what constitutes a rule. California filed suit the same day Trump signed the legislation in June.
California Attorney General Rob Bonta described the case to Reuters as highlighting the Trump administration’s “contempt for the law” and use of “fringe” legal theories to justify violations.
“They were told. They knew. They did it anyway,” Bonta said during an interview, characterizing the action as a dangerous expansion of congressional review authority.
The EPA responded in a statement that “the only ‘contempt for the law’ here is California’s.”
“We live in a democracy, and Congress writes the laws,” the agency stated, adding that California’s regulations would have “crippled American industry” and increased consumer costs.
Legal experts note that many aspects of the case have never been examined in court, providing limited precedent to predict the court’s decision.
“The level of instability and confusion here is unprecedented,” said Paul Libus, an attorney at Van Ness Feldman LLP who focuses on vehicle emissions policy.
California’s Air Resources Board has informed automakers they can currently choose whether to follow its new standards — but cautioned they might face penalties for non-compliance later if California wins in court. CARB records indicate many automakers are choosing compliance.
California initially adopted these regulations in 2022, when U.S. electric vehicle sales were expected to surge. The state now confronts challenges in achieving its ambitious electric vehicle adoption objectives as consumer interest declines, raising doubts about whether the goals are achievable. Electric vehicles represented 21% of the state’s new car sales last year, slightly lower than the previous year. CARB has announced it will not enforce this year’s electric vehicle sales target due to regulatory uncertainty.
Murphy, the former Republican electric vehicle advocate, predicted automakers will negotiate with California regulators because they cannot risk betting that Trump’s pollution standard rollback will survive beyond his administration — and they must remain competitive globally. Electric vehicles are crucial in markets including China and Europe, where regulators are strengthening vehicle emissions controls.
Automakers recognize, he noted, that “the drunken holiday with the federal regs is probably not going to last.”
LONDON — British law enforcement officials took Andrew Mountbatten-Windsor into custody Thursday, charging him with misconduct in public office.
Thames Valley Police, which serves regions west of London including where Mountbatten-Windsor previously resided, announced they are examining allegations that the former royal family member shared confidential trade information with Jeffrey Epstein, a convicted sex offender, back in 2010.
The investigation began after authorities reviewed extensive documentation from a U.S. probe into Epstein’s activities. Mountbatten-Windsor’s name appears multiple times throughout these released documents.
Following standard British legal protocol, police did not publicly identify the arrested individual by name. However, when questioned about Mountbatten-Windsor specifically, officials referenced their announcement about detaining “a man in his 60s.” Mountbatten-Windsor is currently 66 years old.
“Following a thorough assessment, we have now opened an investigation into this allegation of misconduct in public office,” the statement said. “We understand the significant public interest in this case, and we will provide updates at the appropriate time.”
Mountbatten-Windsor has consistently rejected any allegations of improper conduct regarding his connections to Epstein. In recent months, King Charles III removed Andrew’s royal designations, including his princely status, as the monarchy sought to distance itself from ongoing scandals surrounding the king’s brother and his ties to Epstein. These controversies have cast a shadow over the British royal family for more than ten years.
Social media posts showed what appeared to be unmarked law enforcement vehicles stationed at Mountbatten-Windsor’s residence, Wood Farm located on the Sandringham Estate in Norfolk, with investigators visible near the property.
WASHINGTON — Mid-sized American companies saw their import tax payments increase threefold during the past year, according to fresh research from the JPMorganChase Institute released Thursday. The findings add to mounting evidence that President Donald Trump’s strategy of imposing higher levies on foreign goods is creating economic challenges.
These additional costs have impacted businesses employing a total of 48 million Americans — precisely the type of companies Trump pledged to strengthen. These firms are now being forced to manage the increased expenses by raising customer prices, reducing their workforce, or accepting smaller profit margins.
“That’s a big change in their cost of doing business,” said Chi Mac, business research director of the JPMorganChase Institute, which published the analysis on Thursday. “We also see some indications that they may be shifting away from transacting with China and maybe toward some other regions in Asia.”
While the study doesn’t detail how these extra expenses are rippling through the broader economy, it demonstrates that American companies are bearing the cost of import taxes. This research joins a mounting collection of economic studies that challenge the administration’s assertions that foreign entities shoulder the tariff burden.
The JPMorganChase Institute examination focused on payment records from businesses that may not possess the market influence of major international corporations to counteract tariff impacts, yet might be agile enough to rapidly adjust their supply networks to reduce exposure to tax hikes. These enterprises typically generated revenues ranging from $10 million to $1 billion and employed fewer than 500 workers — a sector referred to as the “middle market.”
The findings indicate that the Trump administration’s objective of reducing direct dependence on Chinese manufacturing is taking effect. Payments to China from these businesses dropped 20% below their October 2024 figures, though it remains uncertain whether this reflects China redirecting products through other nations or actual supply chain relocations.
The study’s authors stressed during interviews that businesses are still adapting to the tariff environment and indicated they will continue monitoring this situation.
The Trump administration maintains that import taxes benefit the economy, businesses, and workers. Kevin Hassett, director of the White House National Economic Council, strongly criticized research by the New York Federal Reserve on Wednesday that found nearly 90% of Trump’s tariff costs fell on American companies and consumers.
“The paper is an embarrassment,” Hassett told CNBC. “It’s, I think, the worst paper I’ve ever seen in the history of the Federal Reserve system. The people associated with this paper should presumably be disciplined.”
Trump raised the average tariff rate from 2.6% to 13% last year, according to New York Fed researchers. He justified taxes on various products including steel, kitchen cabinets and bathroom vanities as essential to national security — and proclaimed an economic emergency to circumvent Congress and establish a baseline tax on goods from much of the world last April during an event he termed “Liberation Day.”
The elevated rates triggered financial market turmoil, leading Trump to reduce his rates and subsequently enter negotiations with various countries that resulted in new trade agreements. The Supreme Court is anticipated to decide soon whether Trump exceeded his legal powers by declaring an economic emergency.
Trump won the 2024 election promising to control inflation, yet his import taxes have added to voter concerns about affordability. Although inflation hasn’t surged during Trump’s current term, job growth has slowed significantly, and academic economists estimate consumer prices are approximately 0.8 percentage points higher than they would be otherwise.
LAS VEGAS – The entertainment capital is experiencing a tourism downturn that mirrors nationwide economic concerns, as visitor numbers dropped to their lowest levels since the pandemic.
Las Vegas welcomed 3.1 million fewer tourists in 2025 compared to the previous year, marking a 7.5% decline that represents the steepest drop since record-keeping started in 1970, excluding pandemic years. The Las Vegas Convention and Visitors Authority released the concerning figures this week.
James Chrisley, who directs the Clark County Aviation Department, described the pattern at Harry Reid International Airport: “Our peaks are still peaks, and our valleys are softer.”
The decline becomes most apparent during weekdays, when Friday’s bustling crowds with rolling luggage and packed ride-share lines give way to a much quieter Monday atmosphere at the airport.
Airport passenger volumes dropped approximately 6% in 2025, with December seeing a particularly sharp 10.3% decrease despite typically strong holiday travel patterns. Major airlines including American, Southwest, and Allegiant serve the facility.
University of Nevada economist Andrew Woods believes the situation reflects consumer behavior rather than broader economic trends. “I think this is more of a microcosm of where the American consumer is than necessarily telling us where the American economy is going,” Woods explained.
Unlike other major vacation destinations such as Honolulu, Orlando, and Disneyland, Las Vegas faces unique challenges from escalating costs and additional fees that particularly impact budget-conscious travelers, according to Woods.
The tourism decline primarily affects leisure travel, while business conventions continue performing well. This distinction matters significantly since leisure visitors form the backbone of the city’s economy.
Federal Reserve surveys and airline earnings reports indicate a growing divide between high-income travelers who maintain their booking patterns and middle-income households reducing travel expenses due to financial pressures.
Tourist Fernanda Loiza from Guatemala suggested that current immigration policies under the Trump administration may discourage some international visitors who fear complications during their stays. “Some people are afraid of coming and openly and freely enjoying Las Vegas,” she observed.
Tour guide Michael Hillman pointed to pricing concerns among visitors he encounters. “Ten bucks for a bottle of water,” he noted. “People don’t see a deal anymore.”
The financial impact appears clearly in casino company earnings. MGM Resorts reported decreased revenue and profits at Las Vegas properties during the fourth quarter and full year 2025, with budget-oriented hotels like Luxor and Excalibur showing particular weakness.
Caesars Entertainment announced similar results Tuesday, with Las Vegas segment profits falling roughly 20% year-over-year on approximately 5% lower revenue for 2025.
Hotels have responded with increased promotional offers and dining credits since late 2025, while CoStar Group data shows midweek revenue per available room declined about 11% during the year.
“Las Vegas remains a predominantly leisure-driven hotel market,” said CoStar senior market analyst Michael Stathokostopoulos, noting that inflation and economic uncertainty push travelers to cancel trips, reduce stay lengths, or choose less expensive options.
Airlines have adjusted schedules accordingly, with U.S. carriers scheduling approximately 7% fewer seats into Las Vegas for the first quarter of 2026 compared to the same period last year.
International travel shows similar patterns, particularly from Canada, a crucial overseas market. Canadian airlines have reduced capacity by roughly 30% for the quarter, partly due to political tensions including tariff disputes and immigration policy concerns.
Casino workers experience the downturn most directly through reduced tips and fewer available hours. Joe Spica, a Cosmopolitan bellman and Culinary Workers Union representative, described the impact on his family of three.
“They’re not tipping as much,” Spica said. “Tips have gone ridiculously down. And then when I go to the grocery store, every single thing I buy has somehow gone up.”
Ted Pappageorge, secretary-treasurer of Culinary Workers Union Local 226, explained that economic slowdowns typically begin with disappearing extra shifts rather than major layoffs, affecting part-time and on-call employees first.
Federal statistics highlight the local economic squeeze, with Las Vegas wages remaining below national averages while local inflation and unemployment rates exceed national levels.
Job seekers like 26-year-old Shuang Woo face particular challenges, receiving multiple automated rejections and struggling to secure interviews. She recently enrolled in dealer training as an alternative.
“It’s been really tough,” Woo explained. “The entire city runs on tourism.”
Industry observers note that Las Vegas follows two consecutive record-breaking years and may be adjusting to more sustainable levels. The crucial test period approaches this spring as families make summer vacation decisions.
Drive-in traffic from Southern California, a key visitor source, will provide an early indicator of recovery prospects for the tourism-dependent economy.
MILAN, Feb 19 – The Italian government is challenging the International Paralympic Committee’s controversial decision to permit athletes from Russia and Belarus to participate with their national symbols at the upcoming Milan Cortina Winter Paralympics next month.
Italian Foreign Minister Antonio Tajani and Sports Minister Andrea Abodi expressed strong opposition to the ruling, stating it conflicts with the Games’ fundamental values during the ongoing conflict in Ukraine.
In a Wednesday evening statement, the Italian officials declared their government “categorically disagreed” with the IPC’s September General Assembly decision. They emphasized that Italy stands with 33 other nations and the European Commission in opposing the restoration of these privileges.
Italian leadership is formally “asks the International Paralympic Committee to reconsider this decision,” arguing that “the prolonged violations of the ceasefire by Russia, and of Olympic and Paralympic ideals, supported by Belarus, are incompatible with participation except as neutral individual competitors.”
The Milan Cortina Winter Paralympic Games are scheduled to take place from March 6 through March 15 in Italy.
Following Russia’s 2022 military invasion of Ukraine, both nations faced exclusion from Paralympic events. However, they regained complete membership status within the IPC after member organizations voted in September 2025 to remove their partial suspensions.
Belarus served as a crucial launching point for the invasion operations.
Although individual sports federations within the Paralympic program had maintained their prohibitions on competitors from these nations, Russia and Belarus successfully challenged the International Ski and Snowboard Federation’s ban through the Court of Arbitration for Sport in December.
The situation differs from the current Winter Olympics, where a restricted number of Russian and Belarusian competitors are participating as independent neutral athletes without national symbols, as the International Olympic Committee continues to sanction both countries’ Olympic Committees.
French spirits manufacturer Pernod Ricard announced Thursday that revenue declined across all five of its key markets during the first six months of its fiscal year, with company earnings taking a hit from currency fluctuations and increased expenses alongside struggles in American and Chinese operations.
The company, which produces Absolut vodka and Martell cognac, saw results that matched analyst predictions and demonstrated second-quarter improvements thanks to stronger performance in markets like India and international duty-free sales. Management anticipates stronger results in the year’s second half.
Despite facing an industry-wide downturn in consumer demand, Pernod Ricard maintained its projection for sales increases between 3% and 6% from 2027 through 2029.
Chief Executive Alexandre Ricard stated the company can achieve this target range even if American and Chinese markets, where revenues have declined due to stretched consumer budgets, inventory reductions, and China’s sluggish economic conditions, expand by less than 3%.
“Beyond the U.S. and China, we have the rest of the world,” Ricard explained during a phone interview with Reuters.
Company stock prices rose 0.32% at 0931 GMT Thursday, though shares have dropped more than 22% over the past year.
The spirits industry is experiencing a prolonged sales decline that has caused company valuations to fall, executive departures, and corporate restructuring including asset sales and expense reductions.
Pernod Ricard has implemented a reorganization strategy aimed at achieving 1 billion euros ($1.18 billion) in cost reductions between 2026 and 2029, which resulted in workforce reductions during the first half.
Ricard denied reports suggesting the company plans to take its Indian operations public, contradicting Wednesday media speculation about a potential stock listing review.
The company is pursuing additional measures to safeguard earnings and boost sales, including reducing finished product inventory levels and introducing more affordable options such as smaller package sizes.
Pernod Ricard’s organic operating earnings decreased 7.5%, performing slightly better than forecasts, but the decline reached 18.7% on a reported basis when including factors like currency exchange impacts.
Chris Beckett, an analyst at Pernod investor Quilter Cheviot, noted that even this “strikingly negative” financial performance failed to trigger share price declines because investor expectations for the sector have become so pessimistic.
“It says quite a lot about where we are,” Beckett observed.
WARSAW – Polish Prime Minister Donald Tusk announced Thursday that his nation will have the capability to install anti-personnel mines along its eastern frontier within just two days once it formally exits the Ottawa Convention, a move set to take effect shortly.
Poland’s departure from the international treaty comes as nearly all of Russia’s European neighbors, with the exception of Norway, are moving to abandon the agreement that prohibits the manufacturing and deployment of anti-personnel mines. The country intends to use these weapons as part of its comprehensive ‘East Shield’ initiative designed to fortify its boundaries with Belarus and Russia’s Kaliningrad territory.
‘We are in the process of finalising this mine project, which is crucial for our security, for the security of our territory and border,’ Tusk stated during a press briefing.
Back in December, Deputy Defence Minister Pawel Zalewski revealed to Reuters that Warsaw plans to restart anti-personnel mine manufacturing for the first time since the Cold War era, with intentions to place them along the eastern frontier and possibly supply them to Ukraine.
The withdrawal process from the Ottawa Convention began in August, with Poland set to formally leave the agreement after completing a six-month exit period that concludes on February 20, 2026.
German pharmaceutical company Bayer announced Thursday that global supplies of glyphosate will remain unaffected following a presidential executive order that invoked the Defense Production Act to secure domestic herbicide availability.
The company stated that the executive order highlights the critical importance of ensuring American farmers maintain access to the widely-used weedkiller, but emphasized that the action will not create supply disruptions in international markets.
Last August, Bayer warned it might halt glyphosate manufacturing in the United States without regulatory reforms to address ongoing litigation that has significantly impacted the German corporation. While Bayer remains the sole domestic producer of glyphosate, American agriculture also relies heavily on generic versions imported from China.
The pharmaceutical giant has spent years defending against disputed liability claims alleging the herbicide causes cancer. This week, Bayer announced a settlement agreement worth up to $7.25 billion to resolve thousands of related lawsuits.
In a separate legal development, Bayer successfully petitioned the U.S. Supreme Court to review an appeal that could substantially reduce the company’s exposure to future litigation, primarily filed by residential gardening consumers.
The Supreme Court agreed to consider the case after the Trump administration endorsed Bayer’s position that federal glyphosate regulations, which generally favor the company, should override state laws cited by lawsuit plaintiffs.
Good morning, Delmarva! We’re starting this Thursday with some patchy fog that should lift by 9 AM, but don’t put that umbrella away just yet.
Today brings cloudy skies and a 70% chance of rain, with temperatures reaching a cool 45 degrees. You’ll feel a gentle east wind at 5 to 10 mph, and while we’re expecting rain, the good news is rainfall amounts will be light – less than a tenth of an inch.
Tonight, rain becomes more likely as temperatures dip to around 40 degrees. Friday continues the wet pattern with light rain throughout the day, though it’ll be a bit milder with highs near 52 degrees – a nice little warm-up for us!
Friday night offers some hope as we transition from a chance of light rain to mostly cloudy skies, with lows dropping to 36 degrees.
While it’s not the most exciting weather pattern, this gentle rain will be great for early spring preparations. Keep those rain jackets handy, and remember – we’re getting closer to those beautiful spring days ahead!
Stay dry, Delmarva!
Advances in genetic detective work that were once reserved for decades-old cold cases are now being applied to current criminal investigations, potentially offering new leads in active cases like the Nancy Guthrie matter.
Federal investigators have gathered DNA evidence from locations in and around Guthrie’s Arizona home, according to law enforcement officials. The FBI’s Evidence Response Team conducted searches of the area surrounding her Tucson residence in February.
Authorities indicate they are exploring “additional investigative genetic genealogy options” as part of their ongoing probe. This approach represents a significant evolution in how forensic genetic analysis is being utilized by investigators.
While DNA analysis has been a cornerstone of criminal investigations for many years, the field of investigative genetic genealogy has expanded beyond its original application to unsolved historical cases. These sophisticated techniques are increasingly being deployed to assist with contemporary investigations where traditional forensic methods may need additional support.
Artists across the country are picking up their sketchbooks and heading to city streets, finding extraordinary beauty in ordinary urban landscapes through a growing movement known as urban sketching.
These community-minded artists gather in groups to capture cityscapes, architecture, and street scenes with watercolors, pens, and other traditional art supplies. The movement encourages people to document their immediate surroundings while fostering a greater connection to their urban environment.
According to participants, the practice of creating artwork together in metropolitan settings provides them with an opportunity to document specific moments in time while developing a heightened awareness of the cities they encounter daily.
The collaborative nature of urban sketching creates a unique social experience where artists of varying skill levels come together to interpret their shared environment through individual artistic perspectives. These gatherings often take place at recognizable landmarks, busy intersections, parks, and other public spaces that define a city’s character.
The movement emphasizes the importance of drawing on location rather than from photographs, encouraging artists to spend extended time observing and interpreting their surroundings in real-time.
Court documents have revealed how convicted sex trafficker Jeffrey Epstein and his associate Ghislaine Maxwell strategically used their wealth to gain access to a prestigious arts camp, ultimately targeting vulnerable teenagers.
The pair made substantial financial contributions to Michigan’s Interlochen Center for the Arts, a renowned summer program that has attracted young artists for decades. Their donations were significant enough to fund construction of an on-campus lodge where Epstein and Maxwell would stay during visits to the facility.
According to the documents, this calculated generosity served a darker purpose – providing the duo with direct access to teenage students at the camp. Court records indicate that at least two minors were drawn into Epstein’s criminal network through connections made at Interlochen.
The revelations shed new light on how Epstein, who had previously attended the elite arts program as a student, later exploited his connection to the institution. By positioning themselves as benefactors, Epstein and Maxwell were able to move freely within the camp environment and establish relationships with potential victims.
This pattern of using charitable donations and institutional connections to facilitate criminal activity was a hallmark of Epstein’s operation, allowing him to maintain a veneer of respectability while pursuing illegal activities.
When tragedy struck Barbara Alvarez’s family in 2017, she found herself navigating uncharted territory as a newly widowed mother. Her husband’s death came at a particularly challenging time – just as their daughter Monica Dreesen was preparing to begin her college journey.
The timing couldn’t have been more difficult. Alvarez was dealing with her own grief while trying to support her daughter through a major life transition. The responsibilities of helping Monica settle into college life felt overwhelming for someone adjusting to life as a single parent.
During this vulnerable period, an unexpected source of support emerged. A stranger recognized Alvarez’s struggle and offered assistance that would prove invaluable. This individual’s intervention came at exactly the right moment, providing the help Alvarez needed to find her footing as a single mother.
The assistance this good Samaritan provided helped Alvarez discover inner strength she didn’t know she possessed. With this support, she was able to be present for her daughter during the crucial college transition period, despite dealing with her own profound loss.
The story highlights how acts of kindness from unexpected sources can make all the difference during life’s most challenging moments. For Alvarez and her daughter, this stranger’s willingness to help became a turning point in their journey through grief and adjustment to their new reality.
Northern Kenya is confronting a devastating return of drought conditions, leaving communities struggling with severe food shortages as international relief organizations face significant funding cuts that limit their ability to provide assistance.
Just four years following a catastrophic dry period that ravaged the region, insufficient rainfall has once again brought widespread hunger to northern Kenya, with humanitarian groups forced to reduce operations and serve fewer people in need.
In Turkana county’s desolate landscape, 76-year-old widow and grandmother Echakan Amaja endures harsh conditions outside her earthen dwelling in Loperot village, relying on wild gingerbread fruit she gathers and minimal relief supplies.
Her family’s situation became even more dire two weeks ago when cattle thieves killed her son during a livestock raid and made off with all their animals. “When my livestock were stolen by bandits, all my grandchildren came back home,” Amaja explained to Reuters, describing how she now bears responsibility for feeding her five daughters and seven grandchildren.
The household depends on gathered wild fruit and approximately 43.2 kilograms of food supplies plus 3.2 liters of cooking oil provided monthly through the United Nations’ World Food Programme.
According to Kenya’s National Drought Management Authority, more than nine counties throughout the nation – primarily in northern and eastern regions – were experiencing developing drought conditions as of December, potentially severely impacting food availability, water supplies, and grazing land.
Officials have cautioned that repeated dry periods are intensifying competition over limited resources and heightening the potential for violent disputes as the emergency extends into previously unaffected areas.
Sarah Ayodi, who leads the WFP’s Turkana field operations, stated that 333,000 county residents need food assistance, but warned the organization cannot continue supporting them beyond next month.
Save the Children reported last August that at least four African nations, Kenya among them, would exhaust their supplies of specialized nutrition products for severely undernourished children due to shortages resulting from aid reductions.
The United States has dramatically reduced humanitarian funding under President Donald Trump’s administration, while other Western countries have similarly decreased their contributions as part of broader long-term cuts.
Families in Turkana report that even wild fruits, which have historically sustained them during difficult periods, are vanishing or withering due to the extreme dry conditions. Asinyen Akol, 81, characterized the current drought as unlike anything she has witnessed.
“This year is so bad that this is the worst drought I have ever experienced. You can’t survive here because of drought … even trees and wild fruits are nowhere to be seen, not even a green leaf,” Akol stated.
The drought has created a visible path of destruction throughout Kenya, with dead cattle scattered across pastoral lands.
The emergency has also impacted other Horn of Africa nations, with Somalia announcing a national drought emergency in November following consecutive seasons of poor precipitation.
The WFP issued a warning last month that millions of Somalis are confronting acute hunger, with nearly half of all children suffering from malnutrition and requiring immediate medical intervention.
BAGHDAD – A representative from the Kurdistan Workers Party described Turkey’s parliamentary commission decision to endorse a peace plan as a significant breakthrough that signals a major shift in Turkish government policy, according to statements made to Reuters Thursday.
The commission delivered an overwhelming endorsement Wednesday of the comprehensive report, which outlines legal changes paired with the dissolution of the PKK militant organization, moving forward a peace initiative aimed at concluding decades of warfare.
“The vote is considered an achievement and an important step toward consolidating democracy in Turkey,” said the PKK source.
The PKK – classified as a terrorist entity by Turkey, the United States and European Union – suspended its attacks in the previous year and announced in May its intention to dissolve and abandon armed resistance.
Wednesday’s parliamentary decision moves the peace initiative into the legislative arena, as President Tayyip Erdogan, who has led Turkey for over twenty years, works to conclude a conflict responsible for more than 40,000 deaths, creating significant internal division and extending violence beyond Turkey’s borders into Iraq and Syria.
LONDON – British law enforcement officers made an appearance Thursday at the home of Prince Andrew, brother to King Charles III, according to reports from The Daily Telegraph.
The publication reported that half a dozen unmarked police vehicles along with approximately eight officers in civilian clothing were observed arriving at Wood Farm, located on the Sandringham royal estate in eastern England, during Thursday morning hours.
This development follows earlier announcements from Thames Valley Police in February regarding their examination of claims that Prince Andrew provided classified government materials to convicted sex trafficker Jeffrey Epstein, based on information from recently disclosed documents.
The Duke of York has rejected any allegations of misconduct and has expressed regret over his association with Epstein. However, he has remained silent regarding specific inquiries following the release of the most recent files by United States authorities.
When contacted about Thursday’s reported police presence, Thames Valley Police declined to provide immediate commentary on the matter.
SEOUL, South Korea — Former South Korean President Yoon Suk Yeol was handed a life sentence Thursday by a Seoul court for his December 2024 martial law declaration, which judges determined amounted to rebellion against the state.
The historic ruling concluded nearly a year of intense legal battles, throughout which Yoon showed no remorse and continued defending his actions as proper presidential powers used to fight his political opponents. The sentence brings closure to South Korea’s worst political upheaval in recent memory.
Below is a timeline of critical moments leading to Yoon’s unprecedented conviction:
According to prosecutors, Yoon instructed Defense Minister Kim Yong Hyun about plans for “emergency measures” targeting liberal opposition lawmakers in the National Assembly, following their majority votes to impeach government officials and slash budgets.
Around 10:30 p.m., Yoon shocked the nation with a televised martial law announcement, calling the opposition-led legislature a “den of criminals” that was crippling government operations. He promised to “eradicate” what he termed “anti-state” liberal opponents. Armed forces and police quickly surrounded the National Assembly building.
Just after midnight, National Assembly Speaker Woo Won Shik announced via YouTube that lawmakers would use “constitutional procedure” to counter Yoon’s declaration. By 1 a.m., 190 legislators—including 18 from Yoon’s own People Power Party—unanimously voted to end martial law. Military and police forces withdrew from the assembly grounds. At 4:30 a.m., a Cabinet meeting officially terminated martial law.
An impeachment attempt against Yoon failed when most ruling party members refused to participate in the vote.
Authorities arrested former Defense Minister Kim for his involvement in planning and implementing the martial law order.
The Justice Ministry prohibited Yoon from leaving the country as multiple agencies launched competing investigations into rebellion and related charges.
Kim received formal arrest on charges of conspiring with Yoon and others in the martial law plot. Officials revealed Kim attempted suicide hours before a Seoul court approved his detention warrant.
Yoon characterized his martial law order as legitimate governance and rejected rebellion accusations, promising to “fight to the end” against impeachment efforts.
Lawmakers successfully impeached Yoon with a 204-85 vote, elevating Prime Minister Han Duck-soo to acting president.
The National Assembly also impeached acting President Han for refusing to appoint Constitutional Court justices before the court’s decision on Yoon’s removal.
Seoul Western District Court authorized Yoon’s detention for questioning.
Investigators attempted to arrest Yoon at the presidential residence but were prevented by security personnel and physical barriers.
Anti-corruption officials and police successfully raided the presidential compound and detained Yoon, marking the first arrest of a sitting South Korean president.
Seoul Western District Court issued Yoon’s formal arrest warrant over evidence tampering concerns. His arrest sparked violent protests by supporters who stormed the courthouse, breaking windows and damaging equipment. Police arrested approximately 90 rioters.
The Seoul Central District Prosecutors’ Office charged Yoon with orchestrating attempted rebellion, alleging he illegally tried to control the legislature and election facilities while planning to arrest political rivals.
Seoul Central District Court ordered Yoon’s release from custody due to unresolved questions about investigators’ detention authority. He was freed the next day.
The Constitutional Court reversed Prime Minister Han’s impeachment, reinstating his role as acting leader.
The Constitutional Court confirmed Yoon’s impeachment and presidential removal, mandating an election within 60 days. Officials set June 3 as the election date.
Seoul Central District Court conducted the initial hearing for Yoon’s rebellion case.
Democratic Party candidate Lee Jae Myung, Yoon’s liberal opponent, won the presidential election.
Seoul Central District Court approved Yoon’s re-arrest after special prosecutors argued he might destroy evidence.
Authorities arrested Yoon’s wife, Kim Keon Hee, as investigators prepared bribery and other criminal charges.
Special prosecutors charged Kim Keon Hee and former Prime Minister Han with assisting Yoon’s martial law declaration, document falsification and destruction, and perjury.
Investigators added charges against Yoon for allegedly ordering drone flights over North Korea to increase tensions and justify martial law plans.
A special prosecutor requested the death penalty for Yoon on rebellion charges.
Seoul Central District Court sentenced Yoon to five years for resisting arrest and fabricating the martial law declaration in the first verdict against him.
Seoul Central District Court gave Han a 23-year sentence for supporting Yoon’s martial law and other offenses.
Seoul Central District Court sentenced Yoon’s wife Kim to 20 months in jail on corruption charges.
Seoul Central District Court sentenced Yoon’s former interior minister Lee Sang-min to seven years for supporting the martial law decree.
Seoul Central District Court imposed a life sentence on Yoon for rebellion charges. His attorneys expressed disappointment with the verdict and said they would consider whether to file an appeal.
A prominent economist is warning that Japan’s anticipated interest rate increase to 1% could spark a major reshuffling of money that might make monetary policy more difficult to manage for the country’s central bank.
Japan’s central bank ended its decade-long massive economic stimulus program in 2024 and has increased rates multiple times, reaching 0.75% in December – the highest level in three decades. Financial markets expect another possible increase to 1.0% as early as March or April.
Ikuko Samikawa, the chief economist at Japan Center for Economic Research, explained that as Japan moves away from its extended period of zero interest rates, the country could witness massive fund movements as citizens transfer money into interest-earning bank accounts.
According to Samikawa, who serves on a finance ministry advisory panel and regularly participates in central bank discussions, historical patterns show households typically move cash into bank deposits when the policy rate climbs above 0.5%.
Such an increase in bank deposits would boost the total reserves that financial institutions maintain with Japan’s central bank, creating downward pressure on money market rates.
“The next anticipated rate hike to 1% could be a trigger point of such inflows… If the flow of funds back to bank accounts turns out to be big, it could complicate the BOJ’s effort to guide short-term interest rates around its target,” Samikawa explained.
She noted that the extended period of aggressive money printing has made it extremely difficult to forecast how funds might shift as interest rates climb.
Japan’s central bank is working to reduce its balance sheet, which expanded five times larger over the past twenty years to approximately 756 trillion yen ($4.88 trillion), primarily due to stimulus measures implemented in 2013.
Currently, financial institutions maintain reserves of about 454 trillion yen with the central bank.
Samikawa estimates the central bank could decrease this balance to around 280 trillion without causing short-term rates to spike, though she cautioned these figures could change based on future bank lending activity.
BORMIO, Italy – Thursday marked a historic day for winter sports as ski mountaineering, known as SkiMo, made its Olympic premiere amid heavy snowfall in the Italian Alps.
The preliminary rounds for both men’s and women’s sprint competitions kicked off at Bormio’s renowned Stelvio slope, drawing 36 elite athletes from around the world. Despite challenging weather conditions, enthusiastic spectators filled the venue to near capacity for this groundbreaking event.
SkiMo represents the first addition to Winter Olympic competition since snowboarding was introduced in 1998. The discipline traces its origins to 19th-century mountain skiing, developed long before mechanical lifts existed to transport skiers uphill.
The sprint format features multiple challenging segments. Competitors begin by ascending steep terrain using specialized skis equipped with “skins” – adhesive strips that provide traction for uphill movement. Athletes then transition to running up stairs while carrying their equipment on their backs, return to uphill skiing, and conclude by removing the skins for a downhill slalom run to the finish line.
Each race lasts approximately three minutes, with seamless transitions between segments proving crucial for success. Competitors spend countless training hours perfecting these changeovers, as time penalties during transitions often determine race outcomes.
The competition structure begins with three preliminary heats containing six athletes each. The top three finishers from each heat advance to semifinals, joined by the three fastest remaining competitors. Semi-final races will also feature six participants each, with the fastest six earning spots in the medal rounds.
Women’s finals are set for 1:55 PM local time, followed by men’s competition at 2:15 PM.
France’s Emily Harrop enters as the favorite in women’s competition, currently holding the top ranking in International Ski Mountaineering Federation standings for 2025. Her main challengers include Spain’s Ana Alonso Rodriguez, who recently returned from injury, and Switzerland’s Marianne Fatton.
In men’s competition, Spain’s Oriol Cardona Coll leads the world rankings, with Switzerland’s Jon Kistler and France’s Thibault Anselmet considered strong medal contenders.
Mining heavyweight Rio Tinto delivered disappointing annual financial results on Thursday, with profits remaining unchanged from the previous year despite strong performance in its copper operations.
The global mining giant, recognized as the world’s top iron ore producer, announced underlying profits of $10.87 billion for the year ending December 31. This figure matched the previous year’s earnings but came in below analyst forecasts of $11.03 billion.
The company announced it would pay shareholders a final dividend of 254 cents per share, representing 60% of underlying profits and an increase from the 225 cents distributed in 2024.
Trading in London saw Rio Tinto shares drop 3.4% by mid-morning, performing slightly worse than other mining companies in the market.
The earnings report underscores the mining industry’s growing emphasis on copper production as demand surges from artificial intelligence data centers and renewable energy infrastructure development.
This strategic shift toward copper has sparked numerous acquisition attempts throughout the mining sector as companies compete for long-term copper assets.
Rio Tinto’s potential merger discussions with Glencore fell apart in February when both companies couldn’t reach agreement on company valuation and control structure. The failed deal would have formed the world’s biggest publicly traded mining operation and substantially increased copper production capacity.
Competitor BHP, the world’s largest publicly listed mining company, reported earlier this week that copper revenues exceeded iron ore income for the first time in company history.
“A good result, perhaps as not as impressive as BHP, particularly with capital liberation,” said Andy Forster of Argo Investments in Sydney, commenting on Rio’s asset divestiture strategy.
Both mining leaders have committed to liquidating existing assets to generate funds for reinvestment and shareholder returns. BHP announced this week a $4.3 billion agreement with Wheaton Precious Metals for future silver production from a Peruvian mining operation.
Rio Tinto revealed it is exploring market interest in selling its titanium and borates business units while examining opportunities to monetize portions of its infrastructure holdings across all operational divisions.
“Without M&A, we expect freed up cash to be used to strengthen Rio’s balance sheet and maintain returns within its 40-60% dividend payout range,” analysts at Jefferies said.
Iron ore earnings dropped to approximately 60% of total company profits, declining from 70% in the previous year. Meanwhile, copper division earnings doubled annually to represent roughly 30% of total profits, with aluminum and lithium operations accounting for the remaining portion.
The iron ore business faced challenges from increased annual production costs at the company’s Pilbara operations in Western Australia, rising about $0.50 per metric ton compared to 2024 due to inflation and weather-related operational interruptions.
Pilbara production costs are projected to climb further this year, reaching between $23.50 and $25 per ton.
The copper division reported average selling prices increased 17% year-over-year in 2025, while production volume grew 11% from 2024, boosted by expanded operations at the Oyu Tolgoi facility in Mongolia.
European Central Bank President Christine Lagarde reached out to her fellow policymakers to confirm her dedication to her current role following reports suggesting she might leave her position early, according to four sources who spoke with Reuters.
Earlier this week, the Financial Times published a story claiming Lagarde was considering departing from her ECB leadership role before France’s presidential election next year, potentially allowing outgoing President Emmanuel Macron to influence the selection of her replacement.
Following that report on Wednesday, Lagarde sent a private communication to her colleagues at the central bank, emphasizing that she continues to concentrate on her ECB responsibilities and promising that any future departure announcements would come directly from her rather than through media outlets, the sources revealed.
Those who received Lagarde’s message interpreted her communication as indicating she has no immediate plans to leave the European Central Bank, though they noted her statement didn’t completely rule out the possibility of a future departure.
When contacted for comment, a spokesperson for the ECB chose not to provide a statement on the matter.
Security officials in the nation of Georgia have taken two foreign nationals into custody after they attempted to buy nuclear materials worth $3 million, including uranium and a dangerous radioactive substance used in nuclear weapons programs, authorities announced Thursday.
The arrests took place in Kutaisi, where the State Security Service apprehended the suspects from undisclosed countries, according to an official statement.
“They were planning to illegally purchase nuclear material uranium and radioactive substance Cesium 137 for $3 million and illegally transport it to the territory of another country,” the security service stated.
Officials revealed that additional foreign individuals have been coming to Georgia in recent weeks with similar intentions to buy and smuggle nuclear and radioactive substances, though they provided no further details about these activities.
Authorities did not disclose how much material the suspects were trying to obtain, nor did they reveal where the substances came from or their intended final destination.
Cesium 137 represents a particularly dangerous radioactive material that typically appears following nuclear weapons tests and nuclear power plant disasters, including the catastrophic Chernobyl accident that occurred in what was then Soviet Ukraine in 1986.
Nuclear material security became a major international concern following the Soviet Union’s collapse in 1991, when Georgia was still part of the former communist bloc. The country has experienced multiple serious cases involving illegal nuclear material trafficking over the past several decades.
In the most recent previous incident, authorities in the Georgian capital of Tbilisi arrested three Chinese nationals who were attempting to purchase two kilograms of uranium described as “nuclear material.”
The United States experienced a reduction in international tourist arrivals during the previous year, according to recent data analysis.
Travel industry experts are investigating the underlying causes of this decrease in foreign visitors, with some questioning whether political climate changes or broader economic factors played a role in deterring overseas travelers from choosing America as their destination.
The tourism industry continues to monitor these trends as they assess the impact on local economies that depend heavily on international visitor spending.
Mark Zuckerberg, the chief executive of Meta, testified before a jury in a groundbreaking legal case examining whether social media platforms are intentionally designed to be addictive and cause harm to young users.
The Meta CEO answered challenging questions during what marks the first trial in the United States to examine the addictive nature of social media and its potential negative effects on children and teenagers.
The head of Facebook’s parent company faced questioning in court over claims that social networking platforms are designed to be addictive and cause harm to users. Mark Zuckerberg, who leads Meta, provided testimony as part of legal proceedings examining whether social media companies bear responsibility for negative effects on their users.
The case represents part of broader scrutiny facing major technology firms regarding their platforms’ impact on public health and user wellbeing. NPR’s Leila Fadel discussed the implications of the testimony with Darrell West, who studies technology policy at the Brookings Institution.
The legal challenge adds to mounting pressure on social media giants to address concerns about how their platforms affect users, particularly regarding potentially addictive design features and mental health impacts.
A devastating gas cylinder explosion brought down a multi-story residential building in Pakistan’s largest city Thursday, leaving at least 13 people dead, according to local authorities.
The deadly blast occurred on the ground level of the residential complex located in Soldier Bazaar, a neighborhood on the eastern side of Karachi, the major southern port city, officials reported.
Among the fatalities were seven children, with the youngest victim being just two years old, according to police official Summaiya Syed.
Authorities are still working to determine what caused the gas cylinder to detonate, police stated.
Rescue teams pulled more than a dozen injured survivors from the wreckage, though emergency responders warn additional victims may still be trapped beneath the debris.
This tragedy follows another deadly incident in Karachi just last month, when a massive blaze at a shopping mall claimed more than 70 lives.
SEOUL – Former South Korean President Yoon Suk Yeol received a life prison sentence Thursday from a Seoul court for orchestrating an insurrection during his short-lived martial law declaration in December 2024.
The dramatic events began on December 3, 2024, when Yoon announced on national television just before 10:30 p.m. that he was implementing martial law to eliminate what he called “anti-state forces” and break through political gridlock.
Within an hour, military orders banned all political party activities and legislative functions. Security forces surrounded the opposition-controlled parliament building, where staff members fought back using barricades and fire extinguishers against special operations troops. Lawmakers climbed over fences to bypass security barriers as demonstrators gathered outside.
By early December 4, with 190 legislators in attendance, parliament unanimously rejected Yoon’s martial law order, prompting military forces to withdraw. Approximately 3.5 hours later, Yoon reversed his decision. The entire martial law period lasted roughly six hours.
Opposition lawmakers immediately filed impeachment proceedings against Yoon. U.S. Deputy Secretary of State Kurt Campbell stated that Yoon had “badly misjudged” his martial law decision.
On December 7, Yoon delivered a public apology to the nation, stating he would leave his political future to his ruling People Power Party (PPP), though he stopped short of announcing his resignation. An initial impeachment vote failed due to a PPP boycott that prevented the required quorum.
Criminal investigations began December 8, with prosecutors targeting Yoon over the martial law incident. Former Defense Minister Kim Yong-hyun was taken into custody that same day.
Army Special Warfare Command leader Kwak Jong-geun testified before parliament on December 10 that Yoon had instructed him to “drag out” legislators from the parliament building following the martial law announcement.
Yoon declared he would “fight to the end” on December 12, making accusations that North Korea had infiltrated South Korea’s election systems and questioning his party’s significant electoral losses in April.
Parliament successfully impeached Yoon on December 14 with support from 204 out of 300 lawmakers, including at least 12 members from his own PPP. His presidential authority was immediately suspended, with Prime Minister Han Duck-soo stepping in as acting president.
The Constitutional Court started examining the impeachment case on December 16. However, parliament also impeached acting President Han on December 27, leading Finance Minister Choi Sang-mok to assume acting presidential duties.
A Seoul court issued an arrest warrant for Yoon on December 31 after he failed to appear for questioning. Yoon’s legal team denounced the warrant as illegal and claimed investigators lacked proper authority.
Between January 3-15, 2025, authorities made unsuccessful attempts to arrest Yoon during confrontations with presidential security and military personnel at his residence. Yoon eventually surrendered after a local court extended his arrest warrant.
During his Constitutional Court impeachment hearing on January 21, Yoon refuted claims that he had ordered military leaders to remove lawmakers from parliament by force.
Prosecutors formally charged Yoon with insurrection on January 26 and requested his continued detention.
A court canceled Yoon’s arrest warrant on March 9, leading to his release from custody.
The Constitutional Court ruled on April 4 that Yoon had breached his constitutional obligations and permanently removed him from the presidency.
The liberal Democratic Party selected former leader and 2022 presidential candidate Lee Jae Myung as their nominee for the special election on April 27.
Lee won the presidency in the emergency election held June 3.
Yoon returned to jail on July 10 after a court granted the special prosecutor’s detention request.
In a historic first for South Korea, Yoon’s wife, former first lady Kim Keon Hee, was detained on August 13 following court approval of an arrest warrant, making them the first presidential couple simultaneously imprisoned in the nation’s history.
Special prosecutors charged former first lady Kim with bribery and additional offenses on August 29.
On October 10, special prosecutors indicted Han Hak-ja, head of South Korea’s Unification Church, for allegedly orchestrating bribes to former first lady Kim.
Additional charges related to the martial law incident were filed against Yoon on November 10, including accusations of assisting an enemy nation.
Special prosecutors sought a 15-year prison term for former Prime Minister Han on November 26 for allegedly supporting insurrection and committing perjury.
On December 15, special prosecutors claimed Yoon had attempted to provoke North Korea into armed conflict to validate his martial law declaration.
The special prosecutor requested the death penalty for Yoon on insurrection charges on January 13, 2026.
Seoul Central District Court sentenced Yoon to five years in prison on January 16 for charges including obstruction of arrest attempts.
The same court imposed a 23-year sentence on former Prime Minister Han on January 21 for his central role in the insurrection.
Former first lady Kim received a 20-month jail sentence on January 28 for accepting bribes.
On February 12, Seoul Central District Court sentenced former Interior Minister Lee Sang-min to seven years in prison for his involvement in the martial law attempt.
The legal proceedings concluded Thursday with Seoul Central District Court’s life sentence for Yoon Suk Yeol for leading the insurrection.
The Japanese automaker Nissan announced Thursday it will pull nearly 643,000 Rogue SUVs from American roadways following two distinct mechanical failures that federal safety officials say could result in complete power loss while driving.
Federal transportation safety regulators reported that Nissan will retrieve 318,781 Rogue vehicles due to faulty throttle body components that have suffered mechanical breakdown.
In a second action, the car manufacturer will also collect 323,917 additional Rogue SUVs because of compromised engine bearing systems. These defective bearings may leak extremely hot engine oil, creating dangerous fire conditions and potentially causing complete engine failure.
Transportation safety officials have recommended that authorized service centers update the vehicles’ computer control systems and install new parts where necessary to address both mechanical problems.
Technology executives from around the world converged in New Delhi this week for a significant artificial intelligence conference, where they announced massive financial commitments to expand AI capabilities in India.
The India AI Impact Summit produced several major investment announcements totaling hundreds of billions of dollars over the coming decade.
Leading the charge was Indian conglomerate Reliance Industries and its telecommunications division Jio, with billionaire chairman Mukesh Ambani announcing Thursday that the companies will pour $109.8 billion into artificial intelligence and data infrastructure development over the next seven years.
Another major Indian corporation, the Adani Group, revealed Tuesday its plans to spend $100 billion on renewable energy-powered AI data centers by 2035. The ports-to-power company estimates this investment will generate an additional $150 billion in related sectors, including server production and sovereign cloud platforms, ultimately creating a $250 billion AI infrastructure ecosystem throughout India over the next ten years.
Technology giant Microsoft announced Wednesday it is targeting $50 billion in investments by 2030 to expand artificial intelligence access across ‘Global South’ nations. The company had previously revealed $17.5 billion in AI investments specifically for India last year.
Indian data center company Yotta Data Services disclosed Wednesday it will construct one of Asia’s most extensive AI computing facilities using Nvidia’s newest Blackwell Ultra chips, with the project requiring more than $2 billion in funding.
In another significant development, Tata Consultancy Services announced Thursday it has secured ChatGPT creator OpenAI as the inaugural client for its data center division under the global AI infrastructure program Stargate.
Infrastructure company Larsen & Toubro also revealed a partnership proposal with Nvidia to develop AI-ready data center infrastructure, sophisticated computing platforms, and ecosystem support necessary for large-scale artificial intelligence operations.
In a thrilling double-overtime battle Wednesday night in Tuscaloosa, Alabama, the 25th-ranked Crimson Tide mounted an incredible comeback from a 14-point deficit to edge 20th-ranked Arkansas 117-115.
Labaron Philon Jr. delivered a spectacular performance for Alabama, dropping a season-best 35 points while dishing out seven assists to lead the dramatic turnaround victory.
The Crimson Tide managed to secure the win despite allowing Arkansas freshman Darius Acuff Jr. to pour in an astounding 49 points, establishing a new school record for first-year players.
Alabama received strong support from Aiden Sherrell, who posted season-high numbers with 26 points and 13 rebounds, while Amari Allen contributed a double-double of 19 points and 11 rebounds. The victory extended the Crimson Tide’s winning streak to five games and improved their record to 19-7 overall and 9-4 in Southeastern Conference play.
For Arkansas, Meleek Thomas provided 24 points to complement Acuff’s record-setting night. Both Thomas and Acuff connected on six three-pointers each. The loss snapped a three-game winning streak for the Razorbacks, who fell to 19-7 overall and 9-4 in SEC action.
The decisive moment came when Houston Mallette drained a three-pointer with 51 seconds remaining in the second overtime period, giving Alabama a 117-113 advantage. Arkansas responded when Trevon Brazile slammed home a dunk to cut the deficit to two points, but Acuff’s floating layup attempt in the closing seconds missed its mark, sealing Alabama’s victory.
In other Top 25 action, fourth-ranked Arizona bounced back from a two-game losing streak by defeating 23rd-ranked BYU 75-68, with reserve Anthony Dell’Orso scoring a career-high 22 points. Creighton pulled off a major upset by knocking off fifth-ranked UConn 91-84, led by Josh Dix’s 21 points in an emotional performance following his mother’s recent passing from cancer.
Eighth-ranked Kansas handled Oklahoma State 81-69 behind Darryn Peterson’s 23 points, while 10th-ranked Illinois dominated USC 101-65 with seven players reaching double figures. Eleventh-ranked Gonzaga continued their dominance over San Francisco with an 80-59 victory, extending their winning streak against the Dons to 35 consecutive games.
Fourteenth-ranked Virginia crushed Georgia Tech 94-68 to extend their winning streak to seven games, and 17th-ranked St. John’s moved atop the Big East standings with a 76-70 victory over Marquette, pushing their winning streak to 12 games. In an upset, Missouri edged 19th-ranked Vanderbilt 81-80 after nearly blowing a 21-point lead in the final minutes.
DUBAI, United Arab Emirates (AP) — Military tensions between the United States and Iran escalated Thursday as both countries engaged in shows of naval force while nuclear negotiations remained uncertain, with Tehran conducting joint exercises with Russia as Washington moved an aircraft carrier closer to Middle Eastern waters.
The Iranian military exercise alongside the positioning of the USS Gerald R. Ford aircraft carrier near the Mediterranean Sea entrance highlight growing tensions between the two nations. Earlier this week, Iran also conducted live-fire exercises in the Strait of Hormuz, the critical waterway that handles one-fifth of global oil shipments.
The deployment of additional American naval vessels and aircraft doesn’t necessarily signal an imminent U.S. military strike against Iran, but it provides President Donald Trump with operational capabilities should he decide to take such action. Trump has thus far refrained from military action despite establishing clear boundaries regarding the deaths of peaceful demonstrators and Tehran’s mass executions, while attempting to restart nuclear discussions previously interrupted by the Iran-Israel conflict in June.
“Should Iran decide not to make a Deal, it may be necessary for the United States to use Diego Garcia, and the Airfield located in Fairford, in order to eradicate a potential attack by a highly unstable and dangerous Regime,” Trump wrote on his Truth Social website, seeking to pressure the United Kingdom over its plans to settle the future of the Chagos Islands with Mauritius.
Concurrently, Iran faces domestic turmoil following its harsh response to protests, with families now conducting memorial services for those killed 40 days after their deaths at the hands of security forces. Several of these gatherings have featured anti-government demonstrations, despite official warnings from authorities.
Thursday’s military exercise involved Iranian and Russian naval personnel operating in the Gulf of Oman and Indian Ocean waters, according to Iran’s official IRNA news agency. The exercise focused on “upgrading operational coordination as well as exchange of military experiences,” IRNA reported.
While China participated in the “Security Belt” exercise in previous years, there was no confirmation of Chinese involvement in this iteration. Recently, what appeared to be a Russian Steregushchiy-class corvette was observed at Iran’s Bandar Abbas military facility.
Iranian authorities also issued warnings to regional pilots about potential rocket launches, indicating plans to test anti-ship missiles during the exercise.
Tracking information revealed the Ford positioned off Morocco’s Atlantic coast Wednesday afternoon, suggesting the carrier could pass through Gibraltar and potentially deploy to the eastern Mediterranean alongside its escort destroyers.
Stationing the carrier in that region would provide American forces with additional aircraft and defensive missile capabilities to potentially safeguard Israel and Jordan if hostilities with Iran develop. The U.S. employed similar naval positioning during the Israel-Hamas conflict in Gaza to counter potential Iranian attacks.
Memorial ceremonies for protest victims killed by security forces last month have intensified. Iranian tradition calls for commemorating deceased family members 40 days after their passing. Eyewitness accounts and social media footage documented memorial gatherings at Tehran’s expansive Behesht-e Zahra cemetery. Some ceremonies featured participants chanting against Iran’s religious government while performing patriotic songs.
The protest movement started December 28 at Tehran’s historic Grand Bazaar, initially triggered by Iran’s currency collapse, then expanded nationwide. Tensions peaked January 8, coinciding with demonstrations organized by Iran’s exiled crown prince, Reza Pahlavi.
Iran’s administration has provided only one official casualty count for the violence, claiming 3,117 deaths. The U.S.-based Human Rights Activists News Agency, which has maintained accuracy during previous Iranian unrest periods, estimates over 7,000 fatalities, with additional deaths suspected.
KARACHI, Pakistan — At least 16 people lost their lives Thursday morning when a devastating gas explosion tore through an apartment complex in Karachi, Pakistan’s major port city, causing a partial building collapse that trapped victims under debris, according to police and emergency response teams.
The deadly blast occurred as residents were cooking their pre-dawn meal to mark the beginning of Ramadan in a neighborhood within Karachi, located in Sindh province, local police commander Rizwan Patel reported. Emergency crews continued digging through the wreckage searching for anyone who might still be alive beneath the collapsed sections, Patel explained.
Officials initially confirmed 13 fatalities, but Patel announced the count climbed to 16 after rescue workers recovered three additional bodies from the destruction.
Pakistan’s President Asif Ali Zardari issued a statement expressing grief and offering sympathy to bereaved families while ordering officials to provide top-quality medical care for those wounded. He also demanded rapid completion of search and rescue efforts and pressed the Sindh provincial leadership to strengthen construction regulations, improve gas cylinder safety measures, and launch a comprehensive investigation to prevent future tragedies.
Throughout Karachi and other Pakistani cities, residential buildings typically receive natural gas service for cooking purposes. Many families supplement this with liquefied petroleum gas tanks due to inadequate natural gas pressure in their neighborhoods.
A similar tragedy struck Pakistan’s capital city of Islamabad this past July, when a gas explosion at a wedding celebration claimed eight lives, including the newlywed couple. Officials reported the deadly blast happened while wedding guests had come together to honor the bride and groom.
Detectives investigating the vanishing of Nancy Guthrie are exploring the possibility of utilizing DNA genealogy databases, the same approach that cracked high-profile cases including a string of California murders spanning decades and the brutal killings of four Idaho university students.
This approach shows promise: When unidentified DNA samples can be linked to individuals — including distant family members — within public genealogy databases, investigators gain valuable leads that could potentially identify a suspect in Guthrie’s Arizona abduction.
“It’s a fantastic tool,” explained Ruth Ballard, a California-based geneticist who focuses on DNA analysis and has provided expert testimony in hundreds of legal proceedings. “If it’s a good quality sample and they’re able to get a profile, they could find a hit on that fairly quickly.”
Officials with the Pima County Sheriff’s Department in Arizona confirmed that DNA samples gathered during their investigation have yielded no matches within CODIS, the national criminal database containing genetic profiles from individuals with criminal convictions and, in certain states, those arrested for specific offenses.
“Investigators are currently looking into additional investigative genetic genealogy options for DNA evidence to check for matches. CODIS is one option of many databases that are available,” the sheriff’s department announced Tuesday.
Department officials revealed Wednesday that biological material from Guthrie’s residence in the Tucson area is undergoing testing, with DNA profiles currently at a laboratory for examination.
Nancy Guthrie, whose daughter Savannah Guthrie co-hosts NBC’s “Today” show, vanished from her residence on February 1st. Federal investigators reported that gloves discovered approximately 2 miles away seemed to correspond with those seen on a masked individual captured by a doorbell camera.
Major genealogy platforms including Ancestry, 23andMe and MyHeritage indicate they will respond to judicial orders requesting data access. GEDmatch, another genealogy service, maintains a policy requiring users to specifically consent to law enforcement access of their information. The Associated Press contacted these companies Wednesday evening to inquire about any involvement in the Guthrie case.
GEDmatch played a crucial role in identifying the notorious Golden State Killer. Law enforcement used crime scene DNA to locate a distant family member and construct a family lineage that ultimately led to Joseph DeAngelo Jr. He admitted guilt in 2020 to 13 murders and numerous sexual assaults throughout California during the 1970s and 1980s.
In the Idaho case, genetic material from a knife cover helped investigators focus on Bryan Kohberger in connection with the 2022 deaths of four University of Idaho students. Detectives employed genealogy websites to develop family connections and collected discarded items from Kohberger’s family residence in Pennsylvania to establish a link. Kohberger entered a guilty plea and received a life sentence.
Ballard noted that the origin and condition of DNA samples in police possession can influence success rates when searching genealogy platforms.
“It does require a much better sample than CODIS searching does,” she explained.
Additional obstacles may arise as well.
“There are a lot of unknowns when you go into these databases,” Ballard observed. “The databases are not equal in terms of ethnic distribution. It’s comparatively easier to find a Caucasian because more have uploaded their data and there are more family trees to mine.”
An extended period without snowfall in California’s Sierra Nevada mountains created the dangerous conditions that led to Tuesday’s fatal avalanche near Lake Tahoe, according to avalanche experts analyzing the tragedy.
Craig Clements, a meteorology professor at San Jose State University who studies avalanches, explained that several feet of fresh snow landed on top of a hardened layer from earlier in the season. The two layers failed to properly connect, creating hazardous and easily triggered conditions.
“The new snow did not have time to bond to the earlier layer before the avalanche,” Clements said. The disaster claimed the lives of at least eight backcountry skiers, while six others survived the ordeal. Search teams continued looking for one missing person on Wednesday.
The skiing party had embarked on a three-day wilderness expedition in the Sierra Nevada mountains when the avalanche struck Tuesday morning, coinciding with a powerful winter storm battering the West Coast.
According to Clements, avalanche risks typically peak during the initial 24 to 48 hours following significant snowfall, and officials had already posted avalanche advisories for the region.
The meteorology expert described how prolonged dry conditions, which had persisted in the Sierra Nevada since January, cause snow crystals to transform and develop angular or rounded shapes over time.
When substantial amounts of new snow accumulate on these altered crystals, the different layers frequently cannot form proper connections. This creates what avalanche specialists call a storm slab positioned above a weaker foundation layer.
“Because it’s on a mountain, it will slide,” Clements explained, noting that any shift in pressure from above or below can trigger the slide. While some avalanches occur naturally, human activity in the area can also set them off. Officials have not yet determined what caused Tuesday’s avalanche to begin.
Clements noted that more regular snowfall throughout the winter season would have allowed different snow layers to bond more effectively. However, even when dangerous storm slabs develop, the hazardous conditions typically last only a few days before the new snow becomes more stable.
While climate change can create weather extremes including both drought conditions and intense precipitation events, scientists say it remains challenging to determine how this might influence avalanche patterns or locations.
Clements characterized this week’s avalanche as typical for California’s Sierra Nevada region and does not believe it connects to climate change impacts.
He described avalanches as dependent on snowfall amounts and the stability of underlying layers, calling this incident “a meteorological phenomenon, not a climate phenomenon.”
Weather reports indicate that between 3 and 6 feet of snow accumulated since Sunday, when the group began their expedition. The region also experienced below-freezing temperatures and powerful winds. The Sierra Avalanche Center warned Wednesday that additional avalanche threats remained, leaving snow conditions unstable and unpredictable.
Recovery teams located eight bodies near California’s Lake Tahoe following Tuesday’s avalanche, which authorities describe as the nation’s most deadly in nearly 50 years. Six members of the guided tour were rescued six hours after the slide occurred.
Nevada County Sheriff Shannan Moon announced Wednesday that investigators will examine the decision to continue with the planned trip despite storm forecasts.
The skiers had traveled Sunday to isolated mountain huts located at 7,600 feet elevation in Tahoe National Forest, bringing their own food and equipment. At 6:49 that morning, the Sierra Avalanche Center had issued an avalanche watch for the area, warning that large slides were probable within the following 24 to 48 hours.
A former prosecutor turned president has been sentenced to spend the rest of his life behind bars after his risky political maneuvers finally caught up with him.
Yoon Suk Yeol, 65, received a life sentence Thursday from Seoul Central District Court for orchestrating an insurrection, marking a dramatic conclusion to his meteoric rise and spectacular collapse from South Korea’s highest office.
The former leader’s reckless decision to impose martial law ultimately sealed his fate, according to those who worked alongside him during his career in law enforcement and politics.
A telling glimpse into Yoon’s mindset emerged from former judge Han Dong-soo, who recalled a 2020 dinner conversation where the then-powerful prosecutor made a startling admission.
“If I had gone to the military academy, I would have staged a coup,” Han quoted Yoon as saying during the evening gathering with flowing alcohol.
The court determined Thursday that Yoon violated constitutional principles by implementing martial law, sending military forces to invade parliament and attempt to arrest his political rivals.
Looking noticeably thinner than when he was arrested a year ago, Yoon appeared pale and shaken as he listened to the verdict while dressed in a dark suit. His legal team expressed opposition to the ruling and indicated they would consider filing an appeal.
Yoon has consistently maintained his innocence, claiming his martial law declaration served as a necessary alert that democratic principles and liberty faced danger from “anti-state” elements attempting to seize control of South Korea.
His path to the presidency began through his work as a prosecutor investigating sitting presidents, which made him widely recognized across the nation.
“Yoon Suk Yeol was the most powerful prosecutor-general ever,” Han observed, having overseen internal affairs at the prosecutor’s office during Yoon’s tenure.
“He used the office to carry out his plan to become president and in doing so, his actions were daring.”
By 2022, following his leadership of a corruption probe involving the justice minister, conservative voters who had grown frustrated with then-President Moon Jae-in’s liberal agenda embraced Yoon as their presidential nominee.
However, his time in office brought constant conflicts with opposition forces, which former prosecution colleague Lee Sung-yoon said revealed the reckless tendencies that had always characterized Yoon’s approach.
When Yoon declared martial law in December 2024, his political standing had severely deteriorated due to controversies surrounding his wife, Kim Keon Hee, who faced accusations of improperly receiving gifts, though charges weren’t filed initially.
Following Yoon’s removal from office, a special prosecutor’s investigation led to Kim’s bribery conviction in January, resulting in her current 20-month prison sentence.
The year leading up to Yoon’s martial law announcement was marked by continuous opposition battles that prevented his policy initiatives and legislative priorities from moving forward.
Despite domestic struggles, Yoon achieved notable success in international relations.
His efforts to end a longstanding diplomatic dispute with Japan and establish trilateral security partnership with Japan and the United States stand out as among his limited policy victories.
Yoon’s ability to connect personally with world leaders was memorably demonstrated at a 2023 White House gathering, where he surprised then-President Joe Biden and thrilled the audience by performing the 1970s classic “American Pie.”
Coming from a wealthy background, Yoon performed well academically and gained admission to prestigious Seoul National University law school. However, his love of social activities caused him to fail the bar examination multiple times before finally succeeding on his ninth attempt at 30 years old.
During his prosecution career, colleagues knew him for his relaxed demeanor, but associates noted increased ambition following his marriage to Kim, an accomplished art curator.
His presidency began controversially when he relocated the presidential office away from the historic Blue House complex, raising speculation about whether feng shui beliefs regarding the location’s supposed curse influenced the decision.
Yoon rejected claims that he and his wife had any connection to a shaman.
Critics accused him of protecting his “yes men” when he declined to dismiss senior officials after a Halloween crowd disaster claimed 159 lives.
Among those he protected was Safety Minister Lee Sang-min, a fellow graduate of Yoon’s high school, who later received a seven-year sentence for his involvement in the martial law declaration.
Another high school classmate, Defense Minister Kim Yong-hyun, previously served as presidential security chief and now faces insurrection charges for allegedly being the primary advisor who encouraged Yoon to impose martial law. Kim has denied any wrongdoing.
Political science professor Shin Yul from Myongji University believes Yoon’s downfall resulted from following bad advice, suggesting the former president likely “still thinks he did the right thing” regarding his martial law decision.
Four individuals with ties to the Chagos Islands found themselves facing eviction orders from British officials after arriving on a remote atoll earlier this week in what they hoped would disrupt Britain’s plans to hand over the territory to Mauritius.
The group touched down Monday on Ile du Coin, located within the Peros Banhos atoll, with additional people expected to join what organizers described as a permanent community.
A British Foreign Office representative condemned their arrival as an “illegal, unsafe stunt” that would not assist the collaborative efforts between the UK and Mauritius to restart heritage visit programs to the Chagos Islands.
According to a 2025 deal, Britain plans to hand over control of the Chagos Islands to Mauritius while maintaining authority over the strategically vital U.S.-UK military facility on Diego Garcia through a 99-year lease arrangement.
British politician Nigel Farage, who leads the Reform UK party, described the four as British passport holders attempting to “reclaim their birthright” and indicated he was researching legal options to assist them.
“They were this morning served an eviction notice on behalf of the British government, and told that unless they comply, they could face up to three years in prison,” he stated during a London press conference.
Documents reviewed by Reuters show the eviction notices, sent to each individual by a British Indian Ocean Territory immigration officer, declared their presence unlawful and ordered their departure.
The paperwork cautioned that violating the directive by returning would constitute a criminal act carrying penalties of up to three years behind bars, a fine of 3,000 pounds sterling ($4,060), or both punishments combined.
During the 1960s and 1970s, as many as 2,000 Chagossians were forced from their homes in the archipelago and relocated primarily to Mauritius and Britain.
Some Chagossians have voiced opposition to the sovereignty transfer agreement, claiming Mauritius has ignored their needs for decades, though Mauritius disputes these accusations.
Technology giant Google has formed a strategic alliance with Sea Ltd, a major Southeast Asian tech company, to create advanced artificial intelligence applications for online retail and video game development, the companies revealed Thursday.
The partnership will focus on creating what the companies describe as “an AI agentic shopping prototype” for Shopee, Sea’s popular online marketplace, according to their joint announcement.
This collaboration represents part of a broader industry trend where technology companies are working to expand their AI capabilities beyond basic question-and-answer functions, aiming to handle more complex tasks like automated shopping across multiple platforms and managing sophisticated business processes.
The competitive landscape is heating up, as Chinese tech giant Alibaba introduced a new AI system earlier this week, marketing it as designed “for the agentic AI era.” Alibaba’s Lazada platform directly competes with Shopee across Southeast Asian markets.
According to research firm Momentum Works, Shopee maintained its position as the leading e-commerce platform in Southeast Asia throughout 2024, capturing 52% of the regional market.
The partnership will also extend to Sea’s gaming division, Garena, where both companies plan to implement AI technologies to “transform” how efficiently games are developed and produced.
This new agreement builds upon a previous collaboration established in 2024 between Shopee and Google’s YouTube platform, which targeted the Southeast Asian online commerce sector.
A United Nations investigation has concluded that the brutal takeover of a Sudanese city by paramilitary forces shows clear signs of genocide, according to a report released Thursday.
The UN Independent International Fact-Finding Mission for Sudan found that when the Rapid Support Forces seized control of al-Fashir in late October, they systematically murdered members of non-Arab ethnic groups during three horrific days of violence.
Al-Fashir had served as the final government stronghold in Sudan’s western Darfur region before falling to the RSF after an 18-month blockade. During that siege, investigators say the paramilitary group deliberately created living conditions designed to physically destroy the Zaghawa and Fur communities.
According to the UN mission, evidence shows the RSF systematically targeted people based on their ethnicity, gender, and perceived political loyalties. The attacks included mass executions, sexual assault, torture, and other acts that constitute core elements of genocide under international law.
Mission Chairman Mohamad Chande Othman emphasized the organized nature of the violence. “The scale, coordination, and public endorsement of the operation by senior RSF leadership demonstrate that the crimes committed in and around al-Fashir were not random excesses of war,” Othman stated.
“They formed part of a planned and organised operation that bears the defining characteristics of genocide,” he continued.
The report describes how al-Fashir’s population consisted primarily of the Zaghawa people, while surrounding refugee camps housed members of the Fur, Berti, Masalit, and Tama communities before the attack.
Survivors told investigators about explicit threats from RSF forces to “clean” the city. The paramilitary group used drones and heavy artillery to attack displacement camps, community kitchens, and medical facilities while conducting widespread killings, theft, beatings, and sexual violence throughout al-Fashir.
The investigation found that the RSF’s “exterminatory rhetoric” and other violations demonstrated clear intent to destroy the Zaghawa and Fur populations either completely or partially.
“Witnesses heard the Rapid Support Forces saying, ‘Is there anyone Zaghawa among you? If we find Zaghawa, we will kill them all’,” the report documented.
Survivors described point-blank executions of civilians and streets filled with the bodies of men, women, and children. The report also details how women and girls between ages 7 and 70 from non-Arab communities, especially the Zaghawa, were subjected to rape and other forms of sexual violence, including whipping and forced nudity.
British Foreign Secretary Yvette Cooper called for strong international action in response to the findings. “The findings of this UN report are truly horrific — atrocities including systematic starvation, torture, killings, rape and deliberate ethnic targeting used on the most horrendous scale during the Rapid Support Forces siege of al-Fashir,” Cooper said in a statement.
The UN mission received its mandate from Human Rights Council members, including Britain, to urgently examine violations of international law in and around al-Fashir. Investigators shared their final report with Sudan’s government but received no response, while the RSF declined to meet with mission leadership.
Neither the RSF nor Sudan’s Armed Forces immediately responded to requests for comment from Reuters. The RSF has previously rejected similar allegations, claiming such reports are fabricated by opponents while making counter-accusations against their enemies.
Britain’s foreign secretary is strongly denouncing Iran’s decision to hand down decade-long prison sentences to two UK citizens accused of spying, calling the punishment completely without merit.
Foreign Minister Yvette Cooper issued a sharp rebuke Thursday regarding the sentencing of Craig and Lindsay Foreman, who face 10 years in Iranian custody after being accused of collecting intelligence across multiple regions of the country.
“We will pursue this case relentlessly with the Iranian government until we see Craig and Lindsay Foreman safely returned to the UK and reunited with their family,” Cooper declared in her official response.
According to Joe Bennett, who is Lindsay’s son, the pair faced a three-hour court proceeding on October 27 where they were denied the opportunity to mount any defense against the charges.
“We have seen no evidence to support the charge of espionage,” Bennett stated, expressing his family’s serious worries about the couple’s well-being and criticizing the lack of openness in Iran’s legal proceedings.
Motorists traveling on Lancaster Pike in New Castle County should expect delays as utility crews have shut down the westbound right lane for ongoing work.
The lane closure affects the stretch of roadway between Hedgerow Place and Courtney Road, according to Delaware Department of Transportation officials.
Drivers are advised to use caution when traveling through the work zone and allow extra time for their commute. Traffic is being directed around the construction area using the remaining open lanes.
DelDOT has not provided an estimated timeline for when the utility work will be completed and normal traffic patterns restored.
Violent demonstrations erupted in Albania’s capital last week as citizens threw gasoline bombs at government offices while law enforcement deployed tear gas and water cannons to control the crowds. Protesters could be heard shouting demands for Prime Minister Edi Rama’s resignation, calling his administration corrupt.
The unrest stems from corruption charges filed in December against Deputy Prime Minister Belinda Balluku by Albania’s special anti-corruption prosecutor’s office, SPAK. Balluku faces allegations of manipulating the bidding process for two major infrastructure projects in 2021 valued at more than 200 million euros.
Balluku, considered a political rising star and potential heir to Rama’s leadership, maintains her innocence. The Prime Minister has continued supporting her despite mounting pressure.
The corruption allegations pose a significant threat to Albania’s European Union membership aspirations, with the country aiming to join the bloc by 2030. The ongoing crisis represents one of the most serious challenges for Rama, who has governed the Balkan nation since 2013 and secured his fourth consecutive term last year.
“Albania has to understand that to become an EU member, respecting the rule of law is a prerequisite,” stated Andi Hoxhaj, a Balkan expert at King’s College London. “That has to hit home, or it will not look good with the EU.”
Rama’s representative Manjola Hasa defended the government’s anti-corruption efforts when contacted by Reuters. “Albania deserves to join (the EU) for many reasons and fighting corruption with no second thoughts is one of them,” Hasa responded.
Following nearly five decades of communist isolation that ended in the early 1990s, Albania experienced widespread corruption issues common throughout post-communist Eastern Europe. The country made significant progress through judicial system overhauls in 2016, establishing SPAK in 2019, and achieving steady economic development.
EU membership negotiations commenced in 2022, and Albania reached a milestone on November 17 when it entered the final phase of accession discussions, positioning itself as a leading candidate in the EU’s Balkan expansion initiative.
Just three days following this achievement, SPAK announced the charges against Balluku.
The accusations center on two 2021 infrastructure projects – a highway tunnel construction contract and a section of Tirana’s ring road development. As infrastructure minister, Balluku allegedly manipulated the tender processes to benefit particular construction companies.
Court documents reviewed by Reuters contain text message exchanges between Balluku and associates, including the Albanian Road Authority director, who also faces charges.
One September 10, 2021 message shows Balluku apparently requesting the director arrange a meeting with a NOVA Construction 2012 representative.
Within four days of this meeting, NOVA partnered with two other firms to create a consortium that subsequently secured the ring road project.
According to SPAK, Balluku “predetermined the winner” and “created unfair advantages and privileges.”
Reuters could not confirm whether the requested meeting occurred. NOVA Construction declined to comment, as did Balluku’s legal counsel.
After an anti-corruption court suspended Balluku in November, she stated she would not address the case or respond to “half-truths and lies.”
Relations between SPAK and Prime Minister Rama have grown increasingly tense. The prosecutor’s office seeks to remove Balluku’s protection from pre-trial detention, but Rama opposes this action and accuses SPAK of exceeding its authority.
During Monday’s parliamentary session, Rama revealed he had rejected Balluku’s resignation attempts three times. “There is no such thing as a resignation under pressure from a power that has stepped outside its territory,” he declared while Balluku observed.
That same day, Rama announced plans to modify legislation protecting ministers from suspension during criminal investigations, a proposal opposition leaders claim is designed to shield him and his political allies.
European Union officials are monitoring the situation closely.
“Rhetoric that sows public mistrust in the judiciary and in the independence, impartiality and integrity of the judicial and prosecutorial systems is counterproductive,” the EU’s Tirana office stated to Reuters.
“Fighting corruption effectively is of paramount importance for Albania’s progress towards EU membership.”
MUNICH – Five senior European intelligence officials are casting doubt on President Trump’s optimistic assessment that a Ukraine peace deal is “reasonably close,” telling Reuters they believe Russia has no intention of ending the conflict anytime soon.
The intelligence chiefs, who requested anonymity when speaking with Reuters recently, indicated that Moscow is primarily using ongoing diplomatic discussions with the United States to pursue sanctions relief and business opportunities rather than genuine peace negotiations.
One European intelligence leader characterized the discussions – including the latest round held in Geneva this week – as “negotiation theatre.”
These assessments reveal a significant divide between European intelligence services and the White House, which according to Ukraine hopes to secure a peace agreement by June, ahead of November’s U.S. congressional midterm elections. Trump has expressed confidence that Russian President Vladimir Putin is interested in making a deal.
“Russia is not seeking a peace agreement. They are seeking their strategic goals, and those have not changed,” stated one intelligence chief. Moscow’s objectives continue to include removing Ukrainian President Volodymyr Zelenskyy from power and transforming Ukraine into a “neutral” buffer zone between Russia and Western nations.
A second intelligence official emphasized that Russia has neither the desire nor the necessity for rapid peace, noting that the Russian economy is “not on the verge of collapse.”
While the intelligence leaders did not reveal their information sources, their agencies employ human intelligence assets, communications intercepts, and various other collection methods. All five confirmed they prioritize Russia as a key intelligence target.
Russia’s foreign ministry has not yet responded to requests for comment.
Putin has indicated willingness to pursue peace, but only under his conditions. Russian officials maintain that European governments have consistently misjudged Russia in their analyses.
DIPLOMATIC EFFORTS CONTINUE
Ukrainian and Russian representatives conducted their third U.S.-facilitated meeting of 2026 this week without achieving breakthroughs on major disputes, particularly territorial issues.
Russia demands that Ukraine withdraw its military forces from the remaining 20% of eastern Donetsk region not under Russian control, a requirement Ukraine categorically rejects.
According to the second intelligence official, while Russia might accept territorial gains limited to the rest of Donetsk, this would not satisfy Moscow’s broader goal of removing Zelenskyy’s pro-Western administration.
A third intelligence chief warned against assuming that Ukrainian territorial concessions in Donetsk would rapidly produce a comprehensive peace agreement.
“In the case of the Russians getting these concessions, I (think) that this is maybe the beginning of actual negotiations,” the official predicted, suggesting Russia would then present additional demands.
This same official also criticized what they described as “very limited” negotiating expertise regarding Russia throughout the West, including Europe, despite Zelenskyy’s call for active European participation in the talks.
The U.S. negotiating team is headed by Steve Witkoff, a real estate developer and longtime Trump associate, along with Jared Kushner, the president’s son-in-law.
While both men have handled other conflicts for Trump, neither possesses formal diplomatic training or specialized knowledge of Russia or Ukraine.
White House spokeswoman Anna Kelly responded to the criticism by stating that anonymous complaints do not assist U.S. peace efforts. “President Trump and his team have done more than anyone to bring both sides together to stop the killing and deliver a peace deal,” Kelly said.
ECONOMIC CONSIDERATIONS
Two officials reported that Moscow is attempting to divide negotiations into separate tracks – one addressing the war itself and another focusing on bilateral U.S.-Russia agreements that would include sanctions relief.
Zelenskyy revealed that his intelligence services informed him that U.S. and Russian negotiators have discussed bilateral cooperation deals worth up to $12 trillion, proposed by Russian envoy Kirill Dmitriev.
The European officials did not elaborate on these discussions.
The second intelligence chief suggested this proposal targets both Trump’s interests and Russian oligarchs who have not benefited from the war due to sanctions but whose support Putin requires as Russia’s economy faces increasing challenges.
This official characterized Russia as a “resilient society” capable of withstanding hardship.
However, the third official identified “very high” financial risks facing Russia in the latter half of 2026, citing factors including Moscow’s restricted capital market access due to sanctions and elevated borrowing costs.
Economic analysts suggest Russia’s economy is experiencing somewhere between stagnation and recession after achieving only 1% growth last year.
Russia’s central bank has set its key interest rate at 15.5%, directly affecting borrowing costs nationwide. The liquid portion of Russia’s emergency fund used to address budget deficits has decreased by more than half since the 2022 invasion began.
Food and beverage giant Nestle announced Thursday that it exceeded fourth-quarter sales projections while revealing plans to divest its ice cream operations as part of a strategic business restructuring.
The Swiss-based company, known for producing Maggi seasoning cubes and Nescafe coffee products, will concentrate its efforts on four primary divisions: Coffee, Pet Care, Nutrition, and Food & Snacks. Company officials disclosed they are in final-stage discussions to transfer the ice cream division to Froneri, a partnership between European investment firm PAI Partners and Nestle that currently owns the Haagen-Dazs brand.
CEO Philipp Navratil faces significant challenges in his mission to accelerate operations at the consumer goods corporation, particularly due to the company’s largest infant formula product recall in recent years. The recall has created inventory shortages and product returns that will affect sales volumes through 2026.
“While there is more to be done, we are confident that our faster execution of a more focused strategy will deliver sustained improvement through 2026 and beyond,” Navratil stated.
Company projections indicate organic sales growth of 3-4% for 2026, with expectations for enhanced underlying trading operating profit margins this year, improving from the 16.1% recorded in 2025.
Navratil, who assumed leadership in September and subsequently announced workforce reductions of 16,000 positions, continues to address obstacles including U.S. import duties, currency fluctuations, and reduced consumer spending power.
The company completed its evaluation of mainstream and budget vitamin and supplement product lines and is actively seeking potential purchasers. Additionally, Nestle anticipates removing its water business from consolidated reporting beginning in 2027, having initiated formal partnership discussions during the first quarter.
Revenue growth excluding currency changes and acquisitions reached 4% for the quarter ending December 31, surpassing analyst predictions of 3.4% growth.
SEOUL – Former South Korean President Yoon Suk Yeol was convicted Thursday on insurrection charges stemming from his unsuccessful effort to impose martial law on the nation in December 2024.
The court’s decision represents a major legal milestone in the case against Yoon, who was found guilty of orchestrating what prosecutors described as an insurrectionary plot when he attempted to declare martial law last year.
The failed martial law declaration had thrown South Korea into political turmoil before being quickly reversed.
TIVOLI, Italy (AP) — Centuries ago, Roman builders would travel to quarries near Tivoli to extract chunks of porous limestone called lapis tiburtinus — what we now call travertine — then transport the stone blocks on rafts down the river to construction sites.
This ancient process created the iconic Colosseum two millennia ago. The same method was used centuries later for St. Peter’s Basilica and Bernini’s magnificent colonnade.
The identical quarries that supplied Rome’s legendary travertine continue operating today, providing their signature hole-filled stone for modern religious structures, houses of worship, and mosques worldwide — plus banks, cultural institutions, government facilities and residential properties.
Although other nations produce similar sedimentary limestone, Roman travertine stands apart because workers extract it from underground sulfuric springs and pools surrounding Tivoli. Composed primarily of calcium carbonate minerals, this Roman stone developed over hundreds of thousands of years through calcium, sulfur and mineral deposits, displaying the area’s volcanic past, ancient forests and fossil remains in its layered bands.
Architects value the material for multiple qualities: durability, abundance and resistance to various weather conditions and environmental challenges. The cutting method and location determine its appearance, ranging from rough to smooth textures, warm white with irregular dark pockets to sandy tan with gray, brown or green streaks.
The Mariotti Carlo SpA stone-cutting company has shaped travertine to specification for four generations, completing some of the globe’s most notable architectural projects: Los Angeles’ Getty Center, Beijing’s Bank of China headquarters, and the Great Mosque in Algiers, Algeria.
During a recent work session, components for a temple reconstruction by The Church of Jesus Christ of Latter-day Saints, commonly called the Mormon church, sat arranged across Mariotti’s Tivoli warehouse floor — travertine chunks extracted from local quarries and shaped into custom puzzle-like sections for assembly at the New York City location.
Following their travertine supply work for the Latter-day Saint temple in Rome, church architects selected Mariotti to renovate the Manhattan Upper West Side temple. This temple stands opposite Lincoln Center and Julliard School, both constructed with Mariotti-processed travertine decades earlier when the stone first entered American markets.
“Travertine represents a classic stone recognized globally. It’s similar to spreading Rome’s illumination everywhere, since travertine’s light reflection qualities are truly unique,” explained Fabrizio Mariotti, who leads the family enterprise.
Throughout the Tivoli quarry areas, sulfur odors fill the atmosphere alongside continuous hammering, chiming and splitting sounds from massive jackhammers breaking ancient rock formations.
At Degemar quarries, excavated 30 meters below sea level, brilliant blue sulfur spring pools collect travertine debris while flatbed trucks transport 33-ton stone slabs to ground level.
This location provided Gian Lorenzo Bernini, the renowned Baroque sculptor and architect, with brilliant white travertine for the 284 columns and 88 pillars forming St. Peter’s Square colonnade, plus his other Catholic and Roman masterpieces.
Bernini visited so frequently to choose his stones that he maintained a residence overlooking the quarry, which remains standing.
Current quarry director Vincenzo De Gennaro points out that Bernini’s tower still contains the pigeon coop that housed homing birds carrying stone measurement orders from Rome to the quarry.
Today, the quarry serves clients across much greater distances: Riyadh’s new airport in Saudi Arabia and the Chinese governing party’s new Shenzhen headquarters, among others.
“This is exceptional, a unique stone because it lives and breathes, born from a mixture of mineral waters,” De Gennaro commented while navigating earth-moving equipment and walking past sulfur pools.
Anyone doubting travertine’s longevity need only examine Rome itself, he noted.
“We have the physical proof of a civilization spanning thousands of years that remains visible today, glowing continuously for 2,000 years,” he stated. “That serves as our warranty.”
Marco Ferrero, civil engineering professor at Rome’s La Sapienza University, explained that travertine’s attraction partly stems from its connection to ancient Rome “and consequently to the enchantment of the classical era.”
He said the stone captures Rome’s character in multiple ways: Travertine demonstrates strength, endurance and dignity without the flashiness of marble, which deteriorates faster when facing weather exposure.
“Here’s an appropriate comparison: Marble communicates in elegant Italian, in literary Italian, while travertine speaks in Roman dialect,” he observed. “It truly represents the Romans’ stone. Similar to Roman cooking, which features simple meals often using leftover ingredients, travertine remains an authentic and traditional material.”
NEW DELHI (AP) — At a major technology conference in New Delhi on Thursday, India’s Prime Minister Narendra Modi promoted his nation as a crucial force in the worldwide artificial intelligence landscape, emphasizing India’s goal to create technology domestically and share it globally.
“Design and develop in India. Deliver to the world. Deliver to humanity,” Modi declared to an audience of international leaders, tech industry executives, and policy makers at the India AI Impact Summit in New Delhi.
Modi’s statements reflect India’s ambitions as one of the world’s rapidly expanding digital markets to capitalize on its expertise in creating extensive digital public infrastructure and establish itself as an affordable center for AI development.
The conference also featured addresses from French President Emmanuel Macron, Google CEO Sundar Pichai, and U.N. Secretary-General António Guterres, who proposed a $3 billion funding initiative to assist developing nations in establishing fundamental AI capabilities, including training, data accessibility, and affordable computing resources.
“The future of AI cannot be decided by a handful of countries, or left to the whims of a few billionaires,” Guterres declared, emphasizing that AI must “belong to everyone.”
India is utilizing the conference to establish itself as a connector between developed nations and the Global South. Government representatives point to the nation’s digital identification and electronic payment infrastructure as examples of how to implement AI affordably, especially in emerging economies.
“We must democratize AI. It must become a tool for inclusion and empowerment, particularly for the Global South,” Modi stated.
With close to one billion online users, India has emerged as a crucial marketplace for international technology corporations expanding their artificial intelligence operations.
In December, Microsoft revealed a $17.5 billion commitment over four years to enhance cloud computing and AI infrastructure within India. This followed Google’s $15 billion investment spanning five years, which includes establishing its first AI center in the nation. Amazon has similarly committed $35 billion through 2030, focusing on AI-powered digital transformation.
India is additionally pursuing up to $200 billion in data center investments in the upcoming years.
However, the nation falls behind in creating its own comprehensive AI systems comparable to U.S.-based OpenAI or China’s DeepSeek, revealing obstacles including restricted access to cutting-edge semiconductor technology, data facilities, and the challenge of processing hundreds of regional languages.
The conference began Monday with operational problems, as participants and vendors experienced extended waiting times and delays, with some reporting on social platforms that personal items and exhibition materials had been taken. Event organizers later announced the missing items were found.
Issues continued Wednesday when a private Indian university was removed from the summit after a staff member presented a commercially available Chinese-manufactured robotic dog while falsely claiming it as the school’s original creation.
The difficulties persisted Thursday when Microsoft co-founder Bill Gates canceled a planned keynote presentation. Officials provided no explanation, though the Gates Foundation stated the decision was made “to ensure the focus remains on the AI Summit’s key priorities.”
Gates has been facing scrutiny regarding his connections to deceased sex offender Jeffrey Epstein.
International human rights investigators have concluded that paramilitary forces in Sudan conducted operations in October that exhibit characteristics of genocide against ethnic minority groups in the Darfur region.
The United Nations-supported fact-finding team released findings Thursday showing the Rapid Support Forces executed mass killings and other brutal acts in el-Fasher following an 18-month blockade. The investigators determined these actions were designed to physically eliminate non-Arab populations, specifically targeting Zaghawa and Fur ethnic groups.
According to UN officials, the RSF’s conquest of el-Fasher resulted in several thousand civilian deaths. The city had been the Sudanese military’s final remaining position in Darfur. Of el-Fasher’s 260,000 inhabitants, only 40% successfully escaped the assault, with thousands suffering injuries. The whereabouts of remaining residents is unclear.
The conflict in Sudan began in April 2023 when tensions between military and paramilitary leadership erupted in Khartoum before spreading to additional areas including Darfur.
This devastating conflict has claimed over 40,000 lives based on UN data, though humanitarian organizations believe the actual death toll could be significantly higher.
The RSF along with allied Arab militia groups called Janjaweed captured el-Fasher on October 26 and conducted widespread violence throughout the area. Their offensive included mass executions, sexual assault, torture, and kidnappings for financial gain, according to the UN Human Rights Office.
Between October 25 and 27, the forces killed more than 6,000 people within the city limits. Prior to the main attack, rebels attacked the Abu Shouk displacement facility near the city, killing at least 300 individuals over two days.
The RSF did not provide a response to requests for comment. Their leader, General Mohammed Hamdan Dagalo, has previously admitted to misconduct by his troops while questioning the extent of reported atrocities.
The international Genocide Convention from 1948 establishes five standards for determining genocide: killing group members; causing severe physical or psychological damage; implementing birth prevention measures; intentionally creating conditions for physical elimination; and forcibly moving children to different groups.
The investigation team found evidence of at least three criteria being satisfied by RSF actions. The convention allows for genocide determination if even one criterion is met.
According to the team, RSF activities in el-Fasher included murdering members of protected ethnic groups, inflicting serious physical and mental trauma, and intentionally creating life conditions designed to destroy the group partially or completely.
The findings cited systematic ethnically-motivated killings, sexual violence, destruction, and public declarations calling for non-Arab community elimination.
Mohamed Chande Othman, the team’s chairman and former Tanzania chief justice, stated the RSF operations were not “random excesses of war” but indicated a deliberate and coordinated effort displaying genocide characteristics.
“Physically exhausted, malnourished, and in part unable to flee, leaving them defenseless against the extreme violence that followed,” the report described el-Fasher residents. “Thousands of persons, particularly the Zaghawa, were killed, raped or disappeared during three days of absolute horror.”
The investigation documented mass killings, extensive rape, sexual violence, torture, arbitrary imprisonment, extortion, and forced disappearances during the RSF takeover in late October.
The report recorded survivor accounts of fighters making statements such as: “Is there anyone Zaghawa among you? If we find Zaghawa, we will kill them all” and “We want to eliminate anything black from Darfur.”
Investigators noted “selective targeting” of Zaghawa and Fur women and girls, “while women perceived as Arab were often spared.”
The Geneva-based Human Rights Council, the UN’s primary human rights organization with 47 member nations, established the fact-finding team in 2023.
The team demanded accountability for those responsible and emphasized that civilian protection is needed “more than ever” as the conflict spreads to additional Sudanese regions.
Throughout the conflict, both sides have faced accusations of international law violations, though most atrocities have been attributed to the RSF. The Biden administration recently declared the group committed genocide in Darfur.
UN experts and rights organizations report that the United Arab Emirates has supported the RSF during the war, though the UAE denies these claims.
The RSF originated from Janjaweed militias that gained infamy for atrocities in the early 2000s during a brutal campaign against people of East or Central African identity in Darfur. That earlier campaign resulted in approximately 300,000 deaths and displaced 2.7 million people.
TRUCKEE, Calif. — A devastating avalanche in California’s Sierra Nevada mountains has claimed eight lives and left one person missing after striking a group of experienced backcountry skiers attempting to return home following days of harsh winter conditions.
The deadly slide occurred Tuesday as 15 skiers departed from remote mountain cabins at high elevation, making their way back toward the trailhead. The incident represents the most fatal avalanche in the United States in nearly five decades.
Recovery efforts for the victims’ remains have been delayed as avalanche warnings remain active through early Thursday, with officials waiting for the dangerous storm system to pass. Authorities have not yet disclosed the identities of those who perished.
The skiing party had strong connections to Lake Tahoe’s mountain recreation scene, particularly the prestigious Sugar Bowl Academy. The institution released a statement Wednesday evening expressing grief over losing individuals with “strong connections to Sugar Bowl, Donner Summit and the backcountry community.”
The academy did not specify the exact relationship between the victims, who ranged from 30 to 55 years old, and the school that provides alpine and backcountry skiing training along with education for aspiring young athletes.
“We are an incredibly close and connected community,” Sugar Bowl Academy executive director Stephen McMahon was quoted as saying in the statement. “This tragedy has affected each and every one of us.”
Among the group were four professional guides from Blackbird Mountain Guides, a company specializing in mountaineering expeditions and backcountry skiing adventures throughout the western United States and abroad. One guide survived the disaster.
The three-day excursion, which started Sunday, was designed for skiers with intermediate to advanced abilities, according to information on the outfitter’s website.
Blackbird Mountain Guides announced Wednesday evening that it has initiated a comprehensive investigation and suspended all field activities through the weekend at minimum while focusing on assisting the families of those affected.
The company’s guides possessed training and certification in backcountry skiing techniques and served as instructors with the American Institute for Avalanche Research and Education.
During expeditions, guides “are in communication with senior guides at our base, to discuss conditions and routing based upon conditions,” founder Zeb Blais explained in the company’s statement.
“We don’t have all the answers yet, and it may be some time before we do,” the company stated. “In the meantime, please keep those impacted in your hearts.”
Mill Valley Mayor Max Perrey, representing the Marin County community located approximately 14 miles north of San Francisco, verified that several group members were women from his city. He declined to share additional information via email to The Associated Press but indicated more details would be made available later.
The Sierra Avalanche Center had issued an avalanche watch Sunday morning, which was upgraded to a warning by 5 a.m. Tuesday, signaling that avalanche conditions were anticipated. It remains unclear whether the guides received notification of this escalation before beginning their descent.
Officials described a tragic scene as survivors searched through snow for their missing companions and endured a six-hour wait for rescue teams to reach them amid blizzard conditions. The survivors located three bodies, according to Nevada County Sheriff Shannan Moon.
All skiers carried emergency beacons capable of transmitting location signals to rescue personnel, and at least one guide managed to send text messages for help. However, it’s uncertain whether the group used avalanche airbags, which are inflatable safety devices designed to keep skiers closer to the snow surface during slides, noted Sheriff’s Captain Russell “Rusty” Greene.
One survivor remained in hospital care as of Wednesday, Sheriff Moon reported.
The region has received between 3 and 6 feet of fresh snowfall since Sunday, accompanied by below-freezing temperatures and powerful winds reaching gale force.
This avalanche stands as the most deadly in the United States since 1981, when 11 mountain climbers lost their lives on Washington state’s Mount Rainier. It also marks the second fatal avalanche near Castle Peak this year, following the death of a snowmobile rider in January. Avalanches typically claim 25 to 30 lives annually across the country, according to National Avalanche Center data.
The location near Donner Summit where the skiing expedition occurred ranks among the snowiest regions in the Western Hemisphere and remained off-limits to public access until recent years. The summit bears the name of the notorious Donner Party, pioneer travelers who became stranded there during the winter of 1846-1847 and resorted to cannibalism for survival.
A major French alcoholic beverage company experienced declining sales during the first six months of its fiscal year, though conditions began showing improvement in recent months.
Pernod Ricard, the company behind well-known brands including Absolut vodka, Mumm champagne, and Martell cognac, saw revenue drop by 5.9% during the six-month period ending December 31. The company brought in 5.25 billion euros, equivalent to about $6.19 billion.
While the overall numbers remained negative, the second quarter showed signs of recovery with a 5% decrease in comparable sales – an improvement from the steeper 7.6% drop experienced during the first quarter. Company officials attributed the better performance to stronger business in India and improved sales in global travel retail locations.
The beverage manufacturer, which ranks as the world’s second-largest Western spirits company after Diageo, continues facing headwinds from reduced consumer spending and inventory reductions by retailers in both the United States and China.
Company leadership indicated they anticipate fiscal year 2026 will serve as a transitional period, with sales improvements expected to accelerate during the latter half of the year. The company’s fiscal calendar begins July 1.
Operating profits also declined during the reporting period, falling 7.5% on a comparable basis. Industry analysts had projected a slightly larger decrease of 7.7%, making the actual results marginally better than expected. The sales figures also aligned closely with analyst predictions of a 5.7% decline.
One of India’s most prominent business leaders announced Thursday that his company will commit a staggering $110 billion toward artificial intelligence development over the coming seven years.
Billionaire businessman Mukesh Ambani, who serves as Chairman of Reliance Industries, revealed that his conglomerate along with its telecommunications subsidiary Jio will dedicate 10 trillion rupees to AI initiatives through 2031.
The massive financial commitment represents one of the largest private sector investments in artificial intelligence technology announced by any company worldwide.