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MORRISVILLE, N.C. — A widespread IT outage disrupted travel and caused the cancellation of more than a dozen Delta Airlines flights at Raleigh-Durham International Airport on Tuesday.A major global technology outage that hit individuals and businesses on Friday is still disrupting air travel around the world days later.This protection means that if a passenger’s flight is cancelled, they can get a refund if they choose not to travel, they can get a refund if their flight is significantly delayed, and they can get a refund for baggage fees if their luggage is lost.Buttigieg’s post on X instructs airline passengers to…

NORFOLK, Va. (WAVY) — An old Greyhound station in Norfolk has new owners. The city of Norfolk has agreed to sell the land to Virginia Beach-based Breeden Investment Properties, which plans to build about 220 apartments there, joining a development planned by the company next door. Norfolk sells former Greyhound station for ‘Houndstooth’ redevelopment The building is called “Houndstooth,” which seems to reflect its roots: When the Greyhound station closed in 2019, the city initially wanted to turn it into a visual and culinary arts center, but those plans fell through. The building then served as a homeless shelter for…

NEW ORLEANS — Proponents of a nearly $3 billion project to restore part of southeast Louisiana’s rapidly disappearing coastline released studies Tuesday that highlight the economic benefits they hope will come from construction, but they face opposition and a lawsuit from communities concerned the environment and livelihoods will be severely affected. Clash erupts over economic impact of Louisiana’s $3 billion coastal restoration project {{^userSubscribed}} {{/userSubscribed}} {{^userSubscribed}} {{/userSubscribed}} The Mid Barataria Sediment Diversion Project broke ground last August, but construction was halted due to a legal dispute and has only partially resumed since June. The project is expected to spend about…

NEW ORLEANS (AP) — Proponents of a nearly $3 billion project to restore part of southeast Louisiana’s rapidly disappearing coastline released studies Tuesday that show the economic benefits of construction but face opposition and lawsuits from communities concerned the environment and livelihoods will be severely affected. The Mid Barataria Sediment Diversion Project broke ground last August, but construction was halted due to a legal dispute and has only partially resumed since June. The project is expected to spend about $1.6 billion in the state over its five-year construction period, according to a new study funded by the environmental group Restore…

(Bloomberg) — Asian stocks fell after the “Magnificent Seven” big technology companies got off to a weak start in earnings reports.Most read articles on BloombergStocks in Japan, South Korea and Australia followed U.S. stocks in the past week as traders assessed after-hours earnings from major U.S. companies including Tesla Inc and Alphabet Inc. The Taipei stock exchange will be closed due to a typhoon.Investors had been banking on tech gains to help sustain the bull market that has driven U.S. and global stocks to record highs. But that didn’t happen as Alphabet Inc.’s stocks tumbled after its CEO suggested patience…

Egypt had a perfect day in Houston as both the men’s and women’s teams won the 2024 WSF World Junior Team Championship, the first time in squash history that the men’s and women’s competitions were held simultaneously. In the women’s final, top seeds Amina Orfi and Fairouz Abou-El-Kheir again dominated, defeating second-seeded United States to record an astonishing ninth consecutive title, while in the men’s final, Mohammad Zakaria and Marwan Assal defeated dark horse South Korea to win their first title since 2016. In the first final of the night, held at the Houston Squash Club, the Egyptian women’s team…

39 minutes agoTesla misses profit target for fourth consecutive yearTesla reported weaker-than-expected profits on Tuesday, making it the first electric-car maker to post four consecutive earnings misses. Second-quarter profits fell 17% below consensus, the biggest profit fall since January 2021. Tesla’s gross margin fell to 14.6% in the latest quarter, halving from 30% in the first quarter of 2022.See the chart…Tesla shares on Tuesday55 minutes agoStock market moves significantly in after-hours tradingLet’s take a look at some of the companies that are garnering attention in extended trading.Alphabet — The tech giant fell 1% even though its second-quarter sales and profits…

The House Committee on Administration held a regulatory reform hearing today titled “Congress in a Post-Chevron World.” The title refers to the expected major changes in the behavior of the administrative state following the June 28, 2024 decision in Roper Bright Enterprises v. Raimondo, which marks the end of the Chevron deference doctrine. Established by the 1984 decision Chevron USA, Inc. v. Natural Resources Defense Council, Inc., Chevron deference required courts to defer to federal agencies’ reasonable interpretations of ambiguous statutes. The majority Loper opinion concluded that such deference compromises the separation of powers and improperly expands executive authority while…

The unexpected hike in capital gains tax in the Union Budget 2024, released on July 23, has left Indian investors in stitches. The BSE Sensex fell nearly 1,000 points while the Nifty 50 ended marginally positive after dropping over 300 points in intraday trade. The Nifty 50 fell 30.20 points or 0.12% to close at 24,479.05, while the BSE Sensex declined 0.091% to close at 80,429.04. Here are some of the reasons behind the decline in the Indian equity market: Featured Partner OffersAccount Opening and AMC Fees0 Indian RupeeMediationINR 20 for Equities, F&O, Commodities and Currency tradingadvantageNo commission on mutual…

The California Golden Bears participated in the ACC Kickoff (their Media Day) today with Cal QB Fernando Mendoza, RB Jayden Ott, QB Chandler Rodgers and DB Craig Woodson. A full media report will be released shortly, but here is what arrived via the ACC Digital Network.Justin Wilcox talks about ACC trip I’m excited to go and I’m excited to be in the ACC, it’s a little bit different schedule-wise.It’s a long journey, but it will be comfortable. We’ll leave early. We’ll be on a big plane. We’ll have Gatorade and water. Flying is amazing. It will be much more comfortable…