Latest news with #TheDetective'sWife
Yahoo
25-04-2025
- General
- Yahoo
Stunt pilot Rob Holland dies in plane crash at Langley Air Force Base
Stunt pilot Rob Holland died in a plane crash at Langley Air Force Base on Thursday, according to a statement on his official social media page. "Rob was one of the most respected and inspiring aerobatic pilots in aviation history," the announcement on his Facebook page said. "Even with an absolutely impressive list of accomplishments, both in classical competition aerobatics and within the air show world, Rob was the most humble person with a singular goal to simply be better than he was yesterday." Holland was on approach to the air base when the crash took place, the National Transportation Safety Board said, according to CBS affiliate WTKR. The NTSB described the plane as an "experimental MX Aircraft MXS" in a post on social media. The NTSB, the Federal Aviation of Administration and the Department of Defense will investigate the accident, WTKR said, with investigators expected to arrive at the base on Friday. "Today we lost a friend of our Air Force family," said Col. Matthew Altman, Joint Base Langley-Eustis commander, in a news conference after the crash, according to WKTR. "On behalf of our entire JBLE team, I want to express our deepest sympathy to the family and friends of this incredible aviator." Langley Air Force Base told WTKR that the crash was related to the upcoming Air Power Over Hampton Roads Air Show. Holland was expected to fly during the biennial event, according to its website. The show is expected to take place as scheduled on April 26 and 27, WTKR reported. Holland qualified for his pilot license as a teenager and went on to become a legend in his field, earning 37 international competition medals during his career as an airshow performer and freestyle acrobatic competition pilot, according to his website. Holland flew a "one-of-a-kind, all carbon-fiber" custom-built MXS-RH single-seat airplane, according to his website. The aircraft included design modifications suggested by Holland and was able to perform unique airshow maneuvers. The Langley Air Force Base is in Hampton, Virginia. Sneak peek: The Detective's Wife Russian foreign minister on latest Kyiv strikes: "We only target military goals" Judge halts own order demanding Kilmar Abrego Garcia updates
Yahoo
25-04-2025
- Business
- Yahoo
Stock futures shed overnight gains, signaling weaker start to trading
U.S. stock futures shed their early morning gains, falling into the red before the opening bell on Wall Street. Stocks are coming off a three-day relief rally fueled by investor hopes President Trump would ease tariffs on China and keep Jerome Powell in his post as chairman of the Federal Reserve. Shortly before the start of trade, Dow Jones Industrial Average futures were down 196 points, or 0.5%, while S&P 500 futures fell 17 points, or 0.3%. The tech-heavy Nasdaq Composite futures dropped 0.4%. "U.S. equity index futures held to a quiet, range-bound trade for most of the night but have come under renewed selling pressure as U.S. traders begin to get involved in the market," John Canavan, lead U.S. stock analyst for Oxford Economics, said in a research note. "The Treasury bid has remained solid, however, and yields are holding near the lows of the night ahead of the open." Futures dipped to their lowest level around 6 a.m., coinciding with the release of Mr. Trump's interview with Time, economist Peter Boockvar, CIO of Bleakley Financial Group, said in a report. The president told the magazine he would consider it a "total victory" for the U.S. if tariffs on foreign imports remained as high as 50% a year from now. At the same time, Mr. Trump also suggested his administration has struck 200 trade deals with other countries. "The S&P futures went straight down again this morning after details of Tuesday's Time interview with DJT came out," Boockvar told investors. Markets have whipsawed as the White House introduces a raft of tariffs on countries around the world, raising concerns about slowing economic growth and creating uncertainty for consumers and businesses. Shares of Alphabet jumped 5% overnight after Google's parent company announced late last night that its profit soared 50% in the first quarter. Intel shares slid 6.8% before markets opened. The California-based technology company released its first-quarter 2025 financial results yesterday. "The current macro environment is creating elevated uncertainty across the industry, which is reflected in our outlook," said Intel Chief Financial Officer David Zinsner, Sneak peek: The Detective's Wife Judge halts own order demanding Kilmar Abrego Garcia updates Witkoff meeting with Putin after Trump issues rare rebuke of Russian leader
Yahoo
25-04-2025
- Business
- Yahoo
Why many potential buyers have been scared away from Florida's condo market
Fort Lauderdale, Florida — Mayra Villalona is sitting on what she thought was real estate gold. She bought a two-bed, two-bath condo near Fort Lauderdale in 2021 for $145,000, hoping to pounce on pandemic-era real estate prices. "This is really a great community to live in," Villalona told CBS News. "It's just to me, for me, it's not an investment right now. It's not a good one." Villalona's condo has been on the market since last November. Despite spending $20,000 upgrading the kitchen and the bathrooms, she has seen virtually no potential buyers. She has lowered the price twice with no luck. It is currently listed for $255,000. "Because it wasn't moving…And…I wanted to sell it," Villalona said of why she lowered the price. In an already challenging U.S. real estate market, many South Florida condo owners cannot sell because some buyers have been scared off from a surge in special assessment fees that are used to make safety upgrades to older condominiums in response to a new state law passed following the 2021 partial building collapse of the 12-story Champlain Towers in Surfside, killing 98 people, one of the deadliest building collapses in U.S. history. Older buildings, like Villalona's that are three stories or higher, are now required to increase inspections and build up a reserve to fund restoration projects. Fees are paid by the homeowners, which can range in the tens to hundreds of thousands of dollars. Villalona says her fund restoration fees have increased "three times already" because of the law, from about $20,000, to now over $50,000. "Well, it used to be 20 and then they went to 35, and now I owe over 50," Villalona said. In hindsight, would Villalona have still bought the condo back in 2021? "Probably not this one," she said. Brokers told CBS News that mortgage giant Fannie Mae has compiled a list of 1,400 condo developments across Florida that are considered high-risk to secure a mortgage because the buildings are either underinsured or have overdue repairs making them harder to sell. Sneak peek: The Detective's Wife Judge halts own order demanding Kilmar Abrego Garcia updates NIH | Sunday on 60 Minutes
Yahoo
24-04-2025
- Business
- Yahoo
Jack in the Box is closing as many as 200 underperforming locations
American fast-food chain Jack in the Box says it will close up to 200 "underperforming" restaurants to strengthen its balance sheet as customers pare back their spending. The San Diego-based company is also pursuing the sale of its struggling Del Taco restaurant brand, the company said during a "business update" and conference call with investors Wednesday. Jack in the Box says it will shutter 150-200 of its least profitable locations, most of which have existed for over 30 years. Between 80-120 restaurants will close before the year's end, while the remainder of the 200 will wind down operations based on franchise agreements, the company said. The plan will take place under a "block closure program" that is distinct from other planned restaurant closures, of up to 2% of existing stores. Beginning in 2026, Jack in the Box expects to maintain a store closure rate of about 1%. The company did not release a list of stores it plans to shutter in 2025, but said more details will be available in August. The closures are aimed at strengthening the company's balance sheet and reducing its debt. "Jack in the Box has gotten away from some of the core characteristics that have made it a successful driver of shareholder value in the past and it's time we return to those basics," CEO Lance Tucker said on the call. Jack in the Box pre-announced second-quarter earnings, showing that sales at its restaurants dipped 4.4%, and sales at Del Taco dropped 3.6%. The company's stock price has suffered too, plunging 57% over the past year, reflecting its woes. The chain is not alone in struggling to get customers through its doors. Fast-food giant McDonald's CEO Chris Kempczinski last year acknowledged that the company's "value leadership gap has shrunk," which prompted the restaurant chain to introduce new promotions to try to win back customers. Consumer sentiment plunged in April for the fourth straight month, with Americans expressing concern over economic uncertainty and fears that tariffs could drive up prices and further strain their budgets. Sneak peek: The Detective's Wife St. Louis woman says family decimated by cancer after living near toxic creek for decades 48% of teens between 13-17 feel social media is harmful to kids their age, Pew Research study finds
Yahoo
24-04-2025
- Business
- Yahoo
Pope's funeral could spur tourism spike among Americans headed to Rome
Pope Francis' funeral could be a boon for airlines but a pain for travelers. As the late pontiff lies in state in St. Peter's Basilica before his funeral at St. Peter's Basilica on Saturday, April 26, Americans are searching for flights to pay their respects in person. Flight searches to Rome surged 250% in the three days following Pope Francis' death on Monday, compared with searches over the same period in 2024, according to travel booking site Searches for lodging in Rome through the fare aggregator have also shot up 35% for the same dates, compared to the same period a year ago. While U.S. residents largely account for the burst in demand for travel to Rome, global searches from other countries are also up 125% for the week, according to Expedia. "I can't think of any other event that has caused a sudden spike in travel searches like this," Expedia travel expert Melanie Fish told CBS MoneyWatch. "And it's not only flight searches. It's accommodation searches, too, and it's clear why because of the travel dates." Scott Keyes, founder and CEO of flight deals website said search interest in travel to Rome for April 21-23 has nearly tripled since the pope's death, compared with the three previous days. For tourists thinking of booking a jaunt to Italy, the bad news is that the surge in demand for fights to Rome is driving up airfares, according to For flights from the U.S. to Rome departing between April 22-25 and returning April 27-30, airfares are up about 33% compared to flight prices in the days leading up to Pope Francis' death. Fish noted that ticket prices typically rise closest to the travel date, and Expedia is expecting prices for flights to Rome to rise as Friday approaches. That's in part because airlines can't immediately add more capacity despite increased demand, she noted. "So what you'll likely see is crowded flights and prices spiking today and tomorrow." Sneak peek: The Detective's Wife St. Louis woman says family decimated by cancer after living near toxic creek for decades 48% of teens between 13-17 feel social media is harmful to kids their age, Pew Research study finds
