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Authorities reported that 11 women and seven men were killed.At least 18 people were killed and 33 injured when a bus fell off a cliff in western Mexico, local authorities said Sunday. The prosecutor's office in Nayarit, the state where the accident occurred, said the vehicle fell some 15 meters down a ravine on Saturday night, on a highway that connects state capital Tepic and the tourist destination of Puerto Vallarta. Authorities reported that 11 women and seven men were killed. At least 11 minors have been transferred to hospitals for medical attention. Photographs released by Nayarit's Security and Civil...

MILWAUKEE—A driver survived when his pickup truck plunged about 70 feet off a slippery interchange exit ramp in Wisconsin.A Wisconsin Department of Transportation camera captured the Milwaukee-area crash. The video shows the pickup hitting snow on the right shoulder before flipping over the barrier wall and plummeting to Interstate 94 below as cars pass by.When deputies arrived, they found the pickup upright in the right shoulder of the westbound I-94 lanes, the sheriff’s office said. Two people were already trying to help the driver, who was conscious and breathing.The man was taken to a hospital to be evaluated, sheriff’s officials...

Shares of Twitter on Monday dropped 12 percent, after the company banned President Donald Trump and a slew of other conservatives. Shares dropped after the market opened on Monday, reaching a low of $45.17. Twitter shares closed at $51.48 on Jan. 8. Twitter said it removed Trump’s account on Friday because some of his recent posts were glorifying violence. The company echoed critics who attempted to connect Trump’s rhetoric with the breach of the U.S. Capitol. Trump responded by accusing Twitter of coordinating “with the Democrats and the Radical Left in removing my account from their platform, to silence me—and...

New York (AFP) – Sports giant Nike reported a surprise loss Thursday as shutdowns due to COVID-19 prompted a big drop in revenues in spite of higher online sales. Nike reported a loss of $790 million in the quarter ending May 31, which translated to a loss of 51 cents per share compared with analyst expectations for nine cents per share in profit. Revenues tumbled 38 percent to $6.3 billion following huge declines in sales in most of the world. In North America, the company’s biggest operating region, revenues plunged 46 percent to $2.2 billion. A bright spot was online...

London (CNN Business)The stocks mega-rally hit a roadblock: A somber economic outlook from the US Federal Reserve and the 2 millionth coronavirus case in the United States has investors questioning whether they had boosted the stock market too far, too fast. p.US stocks plummeted in New York, with the Dow (INDU) falling some 1,700 points at its low point. The index was down 1,675 points, or 6.2% with one hour left in the trading day. The S&P 500 (SPX) plummeted 5.5%, and the Nasdaq Composite (COMP) fell 4.8%. The Nasdaq had soared to all-time highs on each of the past...

Chinese stocks tumbled as traders returned from an extended lunar new year holiday despite a promise from the central bank to pump liquidity into the financial system to help cushion the blow of a deadly coronavirus outbreak. The CSI 300 index of major Shanghai- and Shenzhen-listed equities dropped as much as 9.1 per cent at the open on Monday with losses across the board. That puts the benchmark on track for its worst-day performance since August 2015.China had reported 17,205 confirmed cases of the coronavirus and 361 deaths as of the end of Sunday. The fall in equity markets came...

Stocks are closing sharply lower on Wall Street, led by a swoon in technology companies. The S&P 500 and the Dow Jones Industrial Average erased their gains for the year. High-flying companies like Netflix and Amazon took some of the biggest losses Wednesday. Netflix gave back 9.4 percent and Amazon dropped 5.9 percent. Several companies sustained heavy drops after reporting disappointing results. Texas Instruments, a major chipmaker, slumped 8.2 percent and AT&T fell 8.1 percent. The technology-heavy Nasdaq composite is now 12.3 percent below its August peak. The S&P 500 index fell 84 points, or 3.1 percent, to 2,656.

  When we last looked at order of heavy, or Class 8, truck one quarter ago - that all-important, forward looking barometer of domestic trade - we said that even with 2015 in the history books, and as we start 2016 where the base effect was supposed to make the annual comps far more palatable, the latest, January data, as abysmal: "the drop continues to be one of Great Recession proportions, manifesting in yet another massive 48% collapse in truck orders in the first month of the year as demand appears to have gone in a state of deep hibernation."Fast...

Sales of the new Apple Watch have plunged by 90% since the opening week, according to a new market research report. Apple AAPL, -1.27% has been selling fewer than 20,000 watches a day in the U.S. since the initial surge in April, and on some days fewer than 10,000, according to data from Slice Intelligence, a Palo Alto, Calif.-based market research company. That is a sharp decline from week of the April 10 launch, when Apple sold about 1.5 million watches, or an average of about 200,000 a day, Slice estimates. Furthermore, two-thirds of the watches sold so far have...

ehicles, as did concern about global warming. But now gasoline prices have plunged to their lowest level since the Great Recession, averaging $2.50 nationwide for a gallon of regular. If gas prices stay low — granted, a very big “if” — one of the most powerful arguments for alternative fuel cars will be wiped out. “You have an early-adopter group that’s much more interested in these vehicles as a way of doing something 'green,’ and the cost of fuel is not going to be a big factor for them,” said John O’Dell, a senior editor at the Edmunds.com auto information...

A small comet dove headlong toward the sun this week in a cosmic death-dive captured on camera by a spacecraft — an opening act of sorts for the highly anticipated close solar approach of another comet, Comet ISON, in a few months' time. The minuscule and apparently nameless comet was captured barreling toward our star Monday (Aug. 19) by the Solar and Heliospheric Observatory (SOHO) spacecraft operated by NASA and the European Space Agency. Scientists created of video of the comet's dive toward the sun using the SOHO images. The little comet failed to emerge on the other side of...

Viewership for the Republican National Convention plunged sharply on its second night compared with the same evening of 2008, when Sarah Palin made her debut as the vice presidential nominee. An average of 21.9 million viewers tuned into the nine broadcast and cable networks that were broadcasting convention proceedings Wednesday night between 10 p.m. and 11 p.m., according to Nielsen. That was 41% less than the 37.2 million who tuned in the same night four years ago, the research firm said.

NEW YORK (AP) — The Federal Reserve did what investors expected — it said it would buy Treasury bonds to help the economy. Stocks then plunged because investors saw a grim forecast behind the Fed's plans. The Fed said Wednesday it would buy long-term Treasurys and sell short-term ones to help the economy regain momentum. It surprised investors when it said it would include more 30-year bonds in its purchases than expected. Financial analysts said stocks dropped as investors came to the conclusion that the Fed expects the economy to take years to recover. "It's being viewed as perhaps an...

Gold prices are plunging as investors grow more confident about the global economy. Gold fell $104, or 5.6 percent, to settle at $1,757 an ounce Wednesday. It's the steepest percentage drop since March 2008. Gold is still is up 24 percent for the year. Investors have been buying gold because of concerns about economic weakness in the United States and Europe .. Recent economic news has been more encouraging...

South Korea Shares Pounded By Morning Selling; Kospi Falls 9.9% SEOUL (Dow Jones)--South Korean shares were hammered by waves of selling Tuesday morning, driving the main Kospi stock index down as much as 9.9% and prompting the market operator to briefly suspend program trading. Selling dragged down most of the market, with banks and brokerages particularly hard hit. A surge of sell orders from foreign investors was the main driving force behind the selloff. At 0250 GMT the Kospi was down 8.4%. The market is in "panic" and "making any kind of comment would be meaningless...people are throwing stocks away...

NEW YORK (Reuters) - Investors fled stocks on Thursday, putting the S&P 500 into correction territory, as worries about the U.S. economy and European debt escalated. All three indexes were down 2 percent, having fallen more than 3 percent each at one point. Decliners beat advancers on the New York Stock Exchange by 14 to 1. "People are throwing in the towel because they can't find relief on any front. There are a lot of worries about the economy," said Milton Ezrati, market strategist at Lord Abbett Co. in Jersey City, New Jersey, which manages $110 billion in assets. The...

NEW YORK (AP) -- Weak economic news from China, the U.S. and Spain combined with a slump in oil companies sent stocks sharply lower Thursday. Investors were jarred when China reported a surprise trade deficit in February. China's exports fell as businesses closed for the weeklong Lunar New Year holiday, but imports of higher-priced oil and other goods jumped, widening the country's deficit to $7.3 billion. Meanwhile Moody's downgraded Spain's debt, re-igniting fears about the European debt crisis. The downgrade also sent the dollar higher against the euro.

The M3 money supply in the United States is contracting at an accelerating rate that now matches the average decline seen from 1929 to 1933, despite near zero interest rates and the biggest fiscal blitz in history. By Ambrose Evans-Pritchard Published: 9:40PM BST 26 May 2010 Reverse side of a US twenty dollar bill matched up with the north side of the White House in Washington, DC The stock of money in the US fell from $14.2 trillion to $13.9 trillion in the three months to April, amounting to an annual rate of contraction of 9.6pc Photo: AFP The M3...

* MAY 10, 2010, 6:50 P.M. ET UPDATE: SEC, US Exchanges Agree On Market-Wide Circuit Breaker (Updates with comment from the Treasury Department, CFTC Chairman Gary Gensler, and additional detail.) WASHINGTON (Dow Jones)--The U.S. Securities and Exchange Commission and the major trading exchanges agreed Monday a market-wide "circuit-breaker" system should be established to handle the type of market volatility demonstrated in Thursday's unsettling market plunge, according to people familiar with the matter. At the meeting, the exchanges each agreed to give regulators a plan for how to alter their own rules to meet a more unified standard within 24 hours,...

LONDON – A strong set of U.S. jobs data Friday failed to shore up confidence in world markets as stocks plunged again amid mounting fears that Europe's debt crisis could spread and derail the global economic recovery. In Britain, where investors were grappling with uncertain general election results, the FTSE 100 index slid 209.98 points, or 4 percent, at 5,051.01, while the pound oscillated wildly. Germany's DAX slid 226.05 points, or 3.8 percent, to 5,682.21 while the CAC-40 in France was 112.56 points, or 3.2 percent, lower at 3,443.55. And on Wall Street, the Dow Jones industrial average plunged 210.09...