Author: 5amResearch

Air Canada plane catches fire on runway after rough landing, temporarily closing airport

The Halifax airport was temporarily closed Saturday night after a plane arriving from St. John’s experienced a problem landing, which saw the plane skid down the runway and part of it catch fire. Passenger Nikki Valentine told CBC News that one of the plane’s tires did not deploy properly upon landing. “The plane started to sit at about a 20-degree angle to the left and, as that happened, we heard a pretty loud — what almost sounded like a crash…

South Korean plane crash kills more than 150

At least 151 people were killed on Sunday after a South Korean passenger jet crashed and burst into flame on landing, according to local authorities, in one of the country’s worst aviation disasters. The Jeju Air flight was returning from Bangkok with 181 people on board when it failed to deploy its landing gear, skidding down the runway before it struck a wall and was engulfed in fire at Muan International Airport in the south of the country. Two crew…

Judicial scandal surfaces in fight over bankruptcy of JC Penney

A group of JC Penney bondholders are seeking to re-litigate its Chapter 11 case, claiming that a scandal that has since ensnared one of the country’s top bankruptcy judges tainted the US retailer’s 2020 reorganisation. Eric Moore, a bondholder, described the deal clinched in bankruptcy court as a “multibillion-dollar heist” that improperly handed control of JC Penney to a select group of deep-pocketed parties including H2 Capital Partners, Simon Property Group and Brookfield, according to court filings. Moore’s challenge has…

Thousands of flights delayed across the US, one dead as tornadoes, storms hit holiday travellers

ATLANTA – Severe weather disrupted holiday travel on Dec 28 across the US with deadly tornadoes in the south-east and heavy snow and wind on the west coast, delaying or cancelling thousands of flights across the country. More than 7,000 flights in the US were delayed, according to the tracking site FlightAware, and more than 200 were cancelled. About a third of the flights were delayed at Hartsfield-Jackson International Airport in Atlanta, according to FlightAware, and nearly half of the…

At least 28 dead, two rescued in fiery aircraft crash in South Korea, Yonhap reports

At least 28 dead, two rescued in fiery aircraft crash in South Korea, Yonhap reports Audio By Carbonatix SEOUL (Reuters) – At least 28 people were killed when an airliner went off the runway and slammed into a wall at South Korea’s Muan International Airport on Sunday, Yonhap news agency reported. The accident occurred as Jeju Air flight 7C2216, carrying 175 passengers and six crew on a flight from the Thai capital Bangkok, was landing at the airport in the…

Israel strikes Yemeni airport. The head of the World Health Organization was there. “Slight deviation could have resulted in a direct hit.”

The head of the World Health Organization said on Friday he was not sure he was going to survive an air strike carried out by Israel a day earlier during a series of attacks on the Iran-aligned Houthi movement. Speaking after his ordeal at the Sanaa International Airport on Thursday, WHO Director-General Tedros Adhanom Ghebreyesus said the explosions that rocked the building were so deafening that his ears were still ringing more than a day later. Tedros said it quickly…

Footage shows New York inmate beaten by guards before death

NEW YORK – Law enforcement in the US state of New York on Dec 27 released “devastating” footage of prison guards beating a Black inmate shortly before he died. The body-worn camera footage, recorded the night of Dec 9, shows Robert Brooks, 43, brutalised by multiple prison guards, with his face bloodied and neck held. Brooks, an inmate at a northern New York prison serving a 12-year sentence for assault, was pronounced dead later that night. Ms Letitia James, the…

Vanguard reaches deal with US bank regulator over control of bank stakes

Vanguard reaches deal with US bank regulator over control of bank stakes (Reuters) -The U.S. Federal Deposit Insurance Corporation (FDIC) said on Friday it has struck a passivity agreement with Vanguard, to help the regulator better monitor the money manager’s interests in large banks. According to the deal, Vanguard is strictly prohibited from engaging in activities that influence the management or policies of institutions regulated by the FDIC, or their subsidiaries. Through “passivity agreements,” investors commit to regulators that they…

Vanguard strikes deal with FDIC over huge holdings in US banks, agrees to new oversight of its investments in some US lenders

Vanguard has bowed to regulatory pressure and agreed to new oversight of its investments in some US lenders, a decision that could have sweeping implications for money managers and banks. The deal, which the US Federal Deposit Insurance Corp disclosed on Friday, will allow Vanguard’s funds to continue to be huge shareholders in a wide swath of the country’s banks while also increasing the watchdog’s supervisory power over the $10tn money manager. Vanguard, BlackRock and State Street have amassed large…

WATCH | Airstrikes and cold claim lives in Gaza as Israel marks Hanukkah

As Israel marks Hanukkah, ceasefire talks with militants in Gaza remain stalled as Israel continues to pound targets in the territory. Among the latest reported victims of the war, a displaced child who froze to death overnight while sheltering in a tent.

NATO calls for full investigation of Azerbaijan Airlines crash

NATO calls for full investigation of Azerbaijan Airlines crash BRUSSELS (Reuters) – NATO on Thursday called for a full investigation into the cause of an Azerbaijan Airlines plane crash that killed 38 people. “Our thoughts and prayers are with the families and victims of Azerbaijan Airlines flight J28243,” NATO spokesperson Farah Dakhlallah said in a post on the platform X. “We wish those injured in the crash a speedy recovery and call for a full investigation.” Kazakhstan’s senate chairman said…

The new low: Meta to introduce AI-generated users to drive human engagement

Meta is betting that characters generated by artificial intelligence will fill its social media platforms in the next few years as it looks to the fast-developing technology to drive engagement with its 3bn users. The Silicon Valley group is rolling out a range of AI products, including one that helps users create AI characters on Instagram and Facebook, as it tries to attract and retain a younger audience. “We expect these AIs to actually, over time, exist on our platforms,…

Coast Guard leaders kept sexual assault investigation secret: Report

HARTFORD, Conn. — Former top Coast Guard officials hid a yearslong investigation into sexual assault and harassment at the service’s academy from both Congress and the public after leaders debated the fallout from a potential disclosure, according to a U.S. Senate committee report released Friday. Coast Guard officials also took steps to remove references to the investigation, named Operation Fouled Anchor, from records submitted to Congress, according to the report by the Senate Permanent Subcommittee on Investigations. The report followed…

China says US ‘playing with fire’ after latest military aid for Taiwan

The Chinese government protested Sunday the latest American announcements of military sales and assistance to Taiwan, warning the United States that it is “playing with fire.” U.S. President Joe Biden on Saturday authorized the provision of up to $571 million in Defense Department material and services and in military education and training for Taiwan. Separately, the Defense Department said Friday that $295 million in military sales had been approved. A Chinese Foreign Ministry statement urged the U.S. to stop arming Taiwan…

US issues fresh sanctions related to Nord Stream 2 pipeline

WASHINGTON – The United States issued fresh sanctions on Wednesday on several Russia-based entities over their involvement in the Nord Stream 2 gas pipeline, the State Department said, including new measures against the operator of the project. The U.S. State Department said in a statement that it was re-imposing sanctions on a number of entities involved in the construction of the pipeline that were already designated, as well as several new owners of vessels already under sanctions. Among those targeted…

Canadian finance minister’s resignation letter to PM Trudeau

OTTAWA – Canada’s Finance Minister Chrystia Freeland unexpectedly resigned on Monday, saying she was no longer on the same page with Prime Minister Justin Trudeau about the best path forward for Canada. Following is the full text of her resignation letter. December 16, 2024 The Right Honourable Justin Trudeau, P.C., M.P. 80 Wellington Street Ottawa, ON KIA 0A2 Dear Prime Minister, It has been the honour of my life to serve in government, working for Canada and Canadians. We have…