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Stock market today: Asia shares mostly decline after Wall Street slide on bank worries

Published Tue, 25 Feb 2025 19:32:38 GMT

TOKYO (AP) — Asian shares mostly fell Wednesday after worries about the U.S. banking system set off a decline on Wall Street and amid concerns closer to home about Chinese economic growth. Japan’s benchmark Nikkei 225 lost 0.2% to 32,323.31 in morning trading. Australia’s S&P/ASX 200 was virtually unchanged, edging up less than 0.1% to 7,316.60. South Korea’s Kospi added nearly 1.0% to 2,598.96. Hong Kong’s Hang Seng dropped 0.4% to 19,105.19, while the Shanghai Composite shed 0.4% to 3,247.64. Clifford Bennett, chief economist at ACY Securities, called the export data out of China “rather alarming,” noting it was the sharpest decline in three years and reflected the situation with the global economy, not just in China. “Global demand is falling precipitously,” he said.“It is now very likely we will all be surprised by just how intense this global economic slowdown becomes. The three major economies of the world — U.S., China and the EU — are leading the ...

Flights and ferries halted in South Korea ahead of storm that’s dumped rain on Japan for a week

Published Tue, 25 Feb 2025 19:32:38 GMT

SEOUL, South Korea (AP) — Dozens of flights and ferry services were grounded in South Korea on Wednesday ahead of a tropical storm that has dumped rain on Japan’s southwestern islands for more than a week.Khanun’s heavy rains and winds were expected to arrive in South Korea’s southern and eastern regions Wednesday afternoon, South Korea’s weather agency said. It is expected to reach the southern resort island of Jeju hours later and then make landfall near the mainland port of Tongyeong early Thursday.The agency says Khanun could have a punishing impact as it will likely slice through the center of the country over several hours while packing winds blowing at 90 to 154 kph (56 to 97 mph) before moving to North Korea early Friday. The Korean Meteorological Administration measured Khanun at typhoon strength with maximum winds of 126 kph (78 mph) as of 9 a.m. Wednesday, as it passed through waters 360 kilometers (223 miles) southeast of Jeju while moving northward at ...

Why Ohio’s Issue 1 proposal failed, and how the AP called the race

Published Tue, 25 Feb 2025 19:32:38 GMT

WASHINGTON (AP) — Ohio voters on Tuesday rejected a proposal that would have made it more difficult for voters to amend the state constitution, including one measure set for the November ballot that would guarantee abortion rights in the state.The Associated Press has called the race, determining that supporters of the proposal known as Issue 1 fell short in their effort to require future changes to the state constitution to win the support of 60% of voters instead of a straight majority.Votes cast against the measure, or No votes, lead Yes votes by more than 350,000, with nearly 90% of the expected vote tallied and some of the state’s largest and most Democratic-friendly regions, including Cuyahoga County, yet to report complete results.Advance votes, which are cast by mail or in-person before Election Day, broke heavily for No, about 70% to 30%. More than 700,000 votes were cast before Election Day.The No side also appeared to narrowly lead among voters who cast their ballots on E...

Mega Millions: Here are the winning numbers for the $1.58B jackpot

Published Tue, 25 Feb 2025 19:32:38 GMT

(NEXSTAR) — The wait is over: the winning numbers for the estimated $1.58 billion Mega Millions jackpot have officially been drawn. Ahead of Tuesday's drawing, the jackpot jumped to $1.58 billion, making it the largest in the game’s history, and one of the largest lottery prizes in U.S. history.The winning numbers drawn on August 8 are 13, 19, 20, 32, and 33, and Mega Ball 14. The Megaplier was 2X.The Mega Millions jackpot hasn't been hit since April when a $20 million prize was won by a ticket sold in Syracuse, New York, just four days after a $483 million Mega Millions jackpot was won by a ticket sold in Queens. 3 things to do immediately if you win the $1.58 billion Mega Millions jackpot After Friday's drawing resulted in no winner, the current jackpot eclipsed a $1.537 billion prize won by a ticket in South Carolina five years ago to become the largest in the game's history. If there is no winner in Tuesday's drawing, the jackpot would need to grow by ...

Man files lawsuit against Disneyland over alleged attack by security dog

Published Tue, 25 Feb 2025 19:32:38 GMT

(KTLA) - A Disneyland security dog allegedly attacked and bit an elderly Nevada man at the entrance to the Anaheim theme park, according to a lawsuit filed in an Orange County court.According to the Orange County Register, Paul Perez, an 81-year-old grandfather from Las Vegas, filed a lawsuit against Walt Disney Parks and Resorts in Orange County Superior Court for damages stemming from the alleged attack that happened in May 2022.The civil lawsuit was filed on Aug. 1 and accused Disneyland and the Walt Disney Co. theme park division of negligence and seeks restitution for a physical wound, pain, suffering, emotional distress, and the cost of past and future medical treatment, according to the Register. Disneyland reaches settlement in $5 million lawsuit filed by Magic Key holder The lawsuit alleges that a Disneyland dog handler caused a security dog to “abruptly step directly in front and very close” to Perez, who bumped into the dog at the security check. That's when the dog all...

Apartment building destroyed, Cedar Park brush fire grows to 120 acres

Published Tue, 25 Feb 2025 19:32:38 GMT

CEDAR PARK, Texas (KXAN) — One building was declared a total loss, and some residents will be displaced after a brush fire in Cedar Park, Williamson County officials said during a news conference Tuesday evening. MAP: Acres burned in Central Texas wildfires this year The Cedar Park Police said crews responded to the four-alarm fire near 12820 West Parmer Lane, which is close to East Whitestone Boulevard. Residents at the Bexley at Silverado apartment complex and nearby businesses were evacuated.Some residents at a Cedar Park apartment complex were forced to evacuate with a large brush fire close to the property. (KXAN ReportIt photo courtesy: Rob Meyer)Some residents at a Cedar Park apartment complex were forced to evacuate with a large brush fire close to the property. (KXAN ReportIt photo courtesy: Rob Meyer)Smoke fills the sky during a brush fire in Cedar Park. (KXAN ReportIt photo)Some residents at a Cedar Park apartment complex were forced to evacuate with a large brush fire ...

Preparing for back-to-school traffic through many Austin area construction zones

Published Tue, 25 Feb 2025 19:32:38 GMT

AUSTIN (KXAN) — We want to help you prepare before some of the biggest school districts in the Austin area return next week, so KXAN Traffic Anchor Erica Brennes has been speaking with the Texas Department of Transportation and the City of Austin to help you navigate the back to school traffic and construction zones.If you take Loop 360 and pass the Pennybacker Bridge, TxDOT continues its work on intersection improvements at Westlake Drive and at Cedar Street.It's removing the signal lights at those two intersections, so eventually, the flow of traffic will be much smoother, but not for another two years.Many drivers take Loop 360 to and from work, and a lot more will be doing so once school starts, so plan accordingly to be driving through a construction zone on your way.TxDOT said the construction zone on Loop 360 is one of them and they hope with a little planning, your drive to and from school will be a smooth one."We plan everything ahead of time, the cute outfit, the new backp...

Capital Region asylum seekers told not to talk to media

Published Tue, 25 Feb 2025 19:32:38 GMT

CAPITAL REGION, N.Y. (NEWS10) - During a news conference Tuesday, area and state officials pointed to the contractor, DocGo, paid by New York City to house and care for incoming asylum seekers placed at area motels. Lawmakers and directors of local organizations which help incoming migrants all say the process has been a mess. Unkept promises for New York City’s displaced asylees in the Capital Region NEWS10 reporter James De La Fuente caught up with Capital District Latinos, Regional Director, Micky Jimenez, as she was assisting some asylees with transportation needs.  NEWS10 was told to leave the property of a hotel that asylum seekers were living at. NEWS10 then witnessed security members tell the asylum seekers they could not talk to media.“We dropped them off here. When we did, they were all shaken up because the security came out and told them that they had no rights to talk to us, and basically intimidated them by saying that if they spoke to us, they could not go back to t...

Rensselaer County approves purchase of new senior center

Published Tue, 25 Feb 2025 19:32:38 GMT

HOOSICK FALLS, N.Y. (NEWS10) -- Rensselaer County officials approved a new senior center in Hoosick Falls. The plan allows the county to buy the former Dollar Tree on State Route 22 for $575,000. Get the latest news, weather, sports and entertainment delivered right to your inbox! Officials said construction will begin in a few weeks. The building is 8,000 sq. ft. and includes 80 parking spaces.

Rusty pipes producing odd-colored water in Festus

Published Tue, 25 Feb 2025 19:32:38 GMT

FESTUS, Mo. - Neighbors in Edgewood and St. Mary’s, along with other parts of Festus, have been dealing with yellow, mucky water for some time. Officials say the cause is an old, outdated system that can’t support the city. Now, the city is working on a huge expansion and reimbursing residents for their water bills.Running water in areas of Festus, hasn’t been a pretty sight. The site of yellow, darkened water filling tubs and sinks has been a recurring issue over the last few years. It’s only gotten worse.“I maybe give her a bath once a week, if anything. I wipe her down with baby wipes because it’s just very concerning,” said mother Brittany Kebler, who’s scared to bathe her two-month-old and other two children.Kebler’s fears are shared among the many residents of the Edgewood community where she lives.“They say the water’s free of bacteria and E. coli, but it’s not free of rust or metal,” said Nathan Fisher, Kebler’s neighbor. Close Thanks for signing up! ...