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A plane with 19 people on board has slipped off the runway and crashed while trying to take off from Kathmandu airport. The pilot survived and has been taken to the hospital for treatment. It was not clear about the remaining people on board. The plane belongs to the domestic Saurya airline and was en route to the resort town of Pokhara. It was not clear how it slipped or if there were any casualties. Tribhuvan International Airport has been closed and emergency crew were working.

FARNBOROUGH, England--(BUSINESS WIRE)--Jul 24, 2024--

The political establishment’s failure to fix decades of crisis in Argentina explains the tide of popular rage that vaulted the irascible Javier Milei, a self-declared “anarcho-capitalist,” to the presidency. But it also helps explain the emergence of a unique society that runs on grit, ingenuity and opportunism — perhaps now more than ever as Argentina undergoes its worst economic crisis since its catastrophic foreign-debt default of 2001. To reverse the decades of reckless spending, Milei scrapped hundreds of price controls. He slashed subsidies for electricity, fuel and transportation, causing prices to skyrocket in a country that already had one of the world’s highest inflation rates. Poverty now afflicts a staggering 57% of Argentina’s 47 million people.

HOUSTON--(BUSINESS WIRE)--Jul 24, 2024--

SINGAPORE--(BUSINESS WIRE)--Jul 24, 2024--

Asian stocks are mostly lower as markets digest Japanese and Australian business data, while U.S. stocks held relatively steady as earnings reporting season ramped up for big companies. U.S. futures fell while oil prices were higher. The S&P 500 fell 0.2% Tuesday. The Dow Jones Industrial Average slipped 0.1%, and the Nasdaq composite edged down 0.1%. Nvidia was the heaviest weight on the S&P 500, and UPS tumbled after delivering weaker profit for the spring than analysts expected. But the smaller stocks in the Russell 2000 index continued their big run and rose 1%. They’ve flipped the market’s leaderboard recently and zoomed higher amid hopes for cuts to interest rates.

Even though President Joe Biden won’t be on the ballot this November, voters still will be weighing his legacy. As Vice President Kamala Harris moves to take his place as the Democratic standard-bearer, Biden’s accomplishments remain very much at risk should Republican Donald Trump prevail. Biden will have an opportunity to make a case for his legacy on Wednesday night when he delivers an Oval Office address about his decision to bow out of the race and “what lies ahead.” How Biden’s single term is remembered will be intertwined with Harris’ electoral success in November, particularly as the vice president runs tightly on the achievements of the Biden administration.

The arrival of Israeli Prime Minister Benjamin Netanyahu has touched off a flurry of protests in the nation’s capital, including a sit-in at a congressional office building that ended with multiple arrests. Some of the demonstrations have condemned Israel but others have expressed support while pressuring Netanyahu to strike a cease-fire deal and bring home the hostages still being held by Hamas. Netanyahu arrived in Washington Monday for a visit that includes meetings with President Joe Biden and a Wednesday speech before a joint session of Congress.

Republican leaders are warning party members against using overtly racist and sexist attacks against Vice President Kamala Harris, as they and former President Donald Trump’s campaign scramble to adjust to the reality of a new Democratic rival less than four months before Election Day. At a closed-door meeting of House Republicans early Tuesday, National Republican Congressional Committee chairman Richard Hudson urged lawmakers to instead stick to criticizing Harris for her role in Biden-Harris administration policies. “This election will be about policies and not personalities,” House Speaker Mike Johnson told reporters after the meeting.

HANOI, Vietnam--(BUSINESS WIRE)--Jul 24, 2024--

SAN JOSE, Calif.--(BUSINESS WIRE)--Jul 24, 2024--

WASHINGTON (AP) — On Sunday, the Earth sizzled to the hottest day ever measured by humans, yet another heat record shattered in the past couple of years, according to the European climate service Copernicus Tuesday.

LONDON (AP) — What do you do when you travel in a chauffeur-driven Bentley but want to be known as the green king?

The head of the Pennsylvania State Police says two local law enforcement officers stationed in the complex of buildings where the gunman opened fire at former President Donald Trump left to go search for the man before the shooting. Pennsylvania State Police Col. Christopher Paris' testimony before a congressional hearing Tuesday raises questions about whether a key post was left unattended as the gunman climbed on a roof. The revelation comes amid growing questions about a multitude of security failures that allowed the 20-year-old gunman to get onto the roof and fire eight shots with an AR-style rifle into the crowd minutes after Trump began speaking.

Protesters against the Gaza war have staged a sit-in at a congressional office building ahead of Israeli Prime Minister Benjamin Netanyahu’s address to Congress, and Capitol Police have made multiple arrests. Netanyahu is in Washington for a visit that includes meetings with President Joe Biden and a Wednesday speech before a joint session of Congress. On Tuesday afternoon, hundreds of demonstrators organized by Jewish Voice for Peace and wearing red T-shirts that read “Not In Our Name” took over the rotunda of the Cannon Building, chanting “Let Gaza Live!” After about a half-hour of clapping and chanting, officers from the U.S. Capitol Police issued several warnings, then began arresting protestors.

Tesla’s second-quarter net income fell 45% compared with a year ago as the company’s global electric vehicle sales tumbled despite price cuts and low-interest financing. The Austin, Texas, company said Tuesday that it made $1.48 billion from April through June, less than the $2.7 billion it made in the same period of 2023. It was Tesla’s second-straight quarterly net income decline. Second quarter revenue rose 2% to $25.5 billion, beating Wall Street estimates of $24.54 billion, according to FactSet. Excluding one time items, Tesla made 52 cents per share, below analyst expectations of 61 cents. Earlier this month Tesla said it sold 443,956 vehicles from April through June, down 4.8% from 466,140 sold the same period a year ago.

U.S. airline regulators have opened an investigation into Delta Air Lines, which is still struggling to restore operations on Tuesday, more than four full days after a faulty software update caused technological havoc worldwide and disrupted global air travel. Transportation Secretary Pete Buttigieg announced the Delta investigation on the X social media platform Tuesday “to ensure the airline is following the law and taking care of its passengers during continued widespread disruptions.” Delta and its Delta Connection partners canceled about 500 flights on Tuesday, or about two-thirds of all cancellations in the United States.

TORONTO--(BUSINESS WIRE)--juil. 23, 2024--