A grainy sonar image reignites excitement and skepticism over Earhart’s final flight | AP News

A grainy sonar image reignites excitement and skepticism over Earhart’s final flight | AP News

COLUMBIA, S.C. (AP) — A grainy sonar image recorded by a private pilot has reinvigorated interest in one of the past century’s most alluring mysteries: What happened to Amelia Earhart when her plane vanished during her flight around the world in 1937?Numerous expeditions have turned up nothing, only confirming that swaths of ocean floor held

Continue reading

Inflation further cools in Australia as confidence of ‘soft landing’ grows | AP News

Inflation further cools in Australia as confidence of ‘soft landing’ grows | AP News

SYDNEY (AP) — Inflation in Australia has slowed to its lowest rate in three years, the country’s official statistics agency said Wednesday, raising hopes of a “soft landing” for the nation’s economy.The Australian Bureau of Statistics said the latest consumers price index, or CPI, fell to 4.1%, down from 5.4% in September.The result means annual

Continue reading

Samsung reports decline in profit but anticipates business improvement driven by chips | AP News

Samsung reports decline in profit but anticipates business improvement driven by chips | AP News

SEOUL, South Korea (AP) — Samsung Electronics on Wednesday reported an annual 34% decline in operating profit for the last quarter as sluggish demands for its TVs and other consumer electronics products offset hard-won gains from a slowly recovering computer chip market.The South Korean technology giant said it expects its business to improve throughout 2024

Continue reading

David Rubenstein has a deal to buy the Baltimore Orioles for $1.725 billion, AP source says | AP News

David Rubenstein has a deal to buy the Baltimore Orioles for $1.725 billion, AP source says | AP News

Carlyle Group Inc. co-founder David Rubenstein has reached an agreement to buy the Baltimore Orioles for $1.725 billion, according to a person with knowledge of the deal.The person spoke to The Associated Press on condition of anonymity Tuesday night because the agreement had not been announced. Rubenstein, a Baltimore native, would take over as the

Continue reading

Justice Department investigating Democratic Rep. Cori Bush over alleged misuse of campaign funds | AP News

Justice Department investigating Democratic Rep. Cori Bush over alleged misuse of campaign funds | AP News

WASHINGTON (AP) — The Justice Department is investigating whether Democratic Rep. Cori Bush of Missouri misused campaign funds for her personal security, the progressive lawmaker confirmed in a statement Tuesday.Bush, a second-term lawmaker, denied any wrongdoing and said she is “fully cooperating” with federal prosecutors.“As a rank-and-file member of Congress I am not entitled to

Continue reading