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Stock market today: Asian markets advance after Wall Street logs its best week in nearly a year

Published Sun, 29 Dec 2024 12:10:20 GMT

HONG KONG (AP) — Asian shares advanced Monday following Wall Street gains last week that were buoyed by hopes for early interest rate cuts.U.S. futures were higher and oil prices gained as the Israeli military announced late Sunday that it had encircled Gaza City and cut the besieged coastal strip in two, fueling investors’ fears of a deepening conflict.South Korean stocks surged 4.2% to 2,469.21, after the government restored a ban on short-selling, aiming to prevent illegal use of the trading tactic that is often used by hedge funds and investors. Short-selling refers to selling borrowed shares to profit from price declines.Japan’s Nikkei 225 index gained 2.4% to 32,720.52. However, the country’s services activity in October expanded at its slowest pace this year, raising concerns about weakness in a key sector driving Japanese economic activity. The Hang Seng in Hong Kong added 1.7% to 17,962.64 and the Shanghai Composite index was up 0.9% at 3,057.50. Australia’s S&P/ASX 200...

Violent crash with Metro Blue Line train overturns car

Published Sun, 29 Dec 2024 12:10:20 GMT

One person was taken to the hospital in serious condition Sunday evening after a crash involving a Metro Blue Line train in the Central-Alameda neighborhood of L.A. that caused the car to overturn and temporarily trap the person in the wreckage, authorities confirmed to KTLA. Crews with the Los Angeles Fire Department responded to the 5300 block of South Long Beach Avenue just before 7:30 p.m. on reports of the collision, according to LAFD.  Video from the scene showed the wreckage of the overturned vehicle, which sustained heavy damage. Metro crews could be seen working on a fence near the tracks that was knocked out of place during the accident.  One person was taken to the hospital in serious condition after crashing their vehicle into a Metro Blue Line train on Nov. 5, 2023. (KTLA)One person was taken to the hospital in serious condition after crashing their vehicle into a Metro Blue Line train on Nov. 5, 2023. (KTLA)One person was taken to the hospital in serious cond...

Over 400 customers lose power after car crashes into PG&E pole in San Rafael: police

Published Sun, 29 Dec 2024 12:10:20 GMT

(KRON) -- More than 400 PG&E customers in San Rafael lost their power Saturday morning after a black Toyota sedan (pictured above) crashed into a PG&E utility pole, the San Rafael Police Department announced. The collision happened just before 9:30 a.m. at Redwood Highway and Joseph Court, causing the roadway to temporarily shut down.The Toyota had been traveling at a high rate of speed, lost control and crashed into the PG&E utility police, according to SRPD. The driver was the only one in the car and suffered minor injuries. The driver was taken to a nearby hospital.The utility pole was knocked over after the crash. The front of the Toyota was severely damaged. Both are pictured below. Vehicle submerged in Oakland Estuary (San Rafael Police Department)(San Rafael Police Department)The road closure was so crews could repair the utility pole that was damaged from the crash, authorities said. SRPD announced Sunday evening at 7:32 p.m. that the road reopened and the uti...

Today in History: November 6, Ronald Reagan wins reelection in a landslide over Walter Mondale

Published Sun, 29 Dec 2024 12:10:20 GMT

Today in History Today is Monday, Nov. 6, the 310th day of 2023. There are 55 days left in the year. Today’s Highlight in History: On Nov. 6, 1984, President Ronald Reagan won reelection by a landslide over former Vice President Walter Mondale, the Democratic challenger who won just one state, his native Minnesota. On this date: In 1860, former Illinois congressman Abraham Lincoln of the Republican Party was elected President of the United States as he defeated John Breckinridge, John Bell and Stephen Douglas.In 1861, James Naismith, the inventor of basketball, was born in Almonte, Ontario, Canada. In 1928, in a first, the results of Republican Herbert Hoover’s presidential election victory over Democrat Alfred E. Smith were flashed onto an electric wraparound sign on the New York Times building. In 1947, “Meet the Press” made its debut on NBC; the first guest was James A. Farley, former postmaster general and former Democratic National Committee Chair; the host was the show’s co-cr...

The imperative of renewable energy: A sustainable future

Published Sun, 29 Dec 2024 12:10:20 GMT

In a world characterized by ever-increasing energy demands, the need for renewable energy has never been more urgent. The burning of fossil fuels, our primary source of energy for over a century, has taken a heavy toll on our planet, contributing to climate change, air pollution, and resource depletion. To ensure a sustainable future, we must transition to renewable energy sources that are both environmentally friendly and economically viable. This article explores the pressing need for renewable energy and its profound impact on our planet and society, writes Colin Stevens.The environmental crisisOne of the most significant challenges of our time is the environmental crisis, largely driven by the excessive use of fossil fuels. The combustion of coal, oil, and natural gas releases greenhouse gases like carbon dioxide into the atmosphere, trapping heat and causing global temperatures to rise. This phenomenon, known as global warming, leads to catastrophic consequences, such as more f...

'Aggressive shark activity' prompts closure of beach in Orange County

Published Sun, 29 Dec 2024 12:10:20 GMT

Authorities in Huntington Beach closed a stretch of beach Sunday after beachgoers brought likely shark activity to the attention of lifeguards.  At around 3:45 p.m., lifeguards learned of a beached juvenile whale near Tower 22 in Sunset Beach. The whale, which was still alive, was suffering bite marks.  “In speaking with those in the area, beachgoers reported seeing splashing & aggressive shark activity prior to the whale washing ashore,” the City of Huntington Beach said on X, formerly Twitter.  Per city policy, the shoreline and ocean in the area where the shark activity was reported will be closed for a mile in each direction. Officials said this portion of Sunset Beach will be closed for 48 hours.  According to the California Department of Fish and Wildlife, a Dec. 2022 study found that there were some 201 “confirmed shark incidents” in state waters between Jan. 1950 and Dec. 2021. Fifteen of those encounters were fatal. Another 107 caused non-fatal injur...

Man shot by police officer in San Jose taqueria shooting files lawsuit against city

Published Sun, 29 Dec 2024 12:10:20 GMT

SAN JOSE, Calif. (KRON) -- A man who was shot by a San Jose police officer has filed a lawsuit against the city. On Friday, the police chief announced that officer is no longer with the force after he is accused of sending racist text messages.The 22-year-old man says his life is changed forever. K'aun Green got emotional when talking about the near death experience and says he still deals with the physical and emotional wounds everyday. San Jose police officer exchanged ‘disgusting’ racist text messages, chief says Video released by San Jose police of a fight that ended with an officer shooting an East Bay college football player. In the video from March of 2022, you can see Green in a fight with another man inside a restaurant.Police say the officer Mark McNamara shot him because he did not cooperate with orders to drop a weapon. However, Green says it happened differently."I feel like the hero of the situation that took place," Green said.Green says he was wrestling the gun awa...

Prince George’s Co. library brings ancient mathematics to young learners

Published Sun, 29 Dec 2024 12:10:20 GMT

Kelly Holley-Poole, the library associate facilitating the event, says participants will use some of the same items the Mayans would have used to learn math. (WTOP/Stephanie Gaines-Bryant) Kelly Holley-Poole, the library associate facilitating the event, says participants will use some of the same items the Mayans would have used to learn math. (WTOP/Stephanie Gaines-Bryant) The most advanced system of mathematics of any ancient civilization will be taught to students in Prince George’s County, Maryland, this week.On this American Indian Heritage Month, The Largo Kettering Branch of the Prince George’s County Library System said it will be helping students learn Mayan Math beginning this Tuesday evenin...

Reign, Gotham advance to NWSL championship match

Published Sun, 29 Dec 2024 12:10:20 GMT

Veronica Latsko’s second-half goal was all OL Reign needed to defeat the San Diego Wave 1-0 and earn a spot in the National Women’s Soccer League championship game. The Reign will face Gotham FC for the league title on Saturday at San Diego’s Snapdragon Stadium. Gotham took down the Thorns 1-0 at Portland’s Providence Park in the other semifinal match.Neither team has won an NWSL final, which means the league will have a new champion in its 11th season. In the 47th minute, Latsko sent a long cross into the box from the right side. It looped over the head of Kailen Sheridan and slipped into the far-post corner. Latsko also scored the lone goal in the Reign’s quarterfinal win.The Reign held the Wave, the 2023 NWSL Shield winner, to just two shots in the first half and defended as a team after Latsko’s goal to earn the shutout win on San Diego’s home field.“I thought we defended really well. This group has worked so hard this year, and to finally get...

European Space Agency meeting to dodge manned spaceflight

Published Sun, 29 Dec 2024 12:10:20 GMT

Presented by ASD By CALEB LARSON with LAURA KAYALI, JOSHUA POSANER and VERONIKA MELKOZEROVA PRESENTED BY View in your browser or listen to audioSNEAK PEEK— The European Space Agency will hold a meeting today in Spain, to discuss the long-delayed Ariane 6 rocket system.— France is muscling into new defense contracts in countries Russia considers its sphere of influence. — Ukrainian President Volodymyr Zelenskyy fired his special operations forces commander without explanation.Good morning, and welcome to Morning Defense. Tips to [email protected], [email protected] and [email protected] or follow us at @joshposaner, @LauKaya and @calebmlarson.DRIVING THE DAYSPACE SUMMIT: The European Space Agency holds a ministerial meeting in Seville today, ahead of a space-focused EU competitiveness Council to be held on Tuesday under the Spanish Council presidency. Expect updates on every...