(LONDON) — At least six military personnel have been killed and 450 people have been taken hostage after the Balochistan Liberation Army, a militant group, attacked a train in Pakistan, according to a U.S. official.
The BLA has threatened to kill all the hostages if Pakistan’s military tries to rescue them, the official said.
The BLA blew up part of the track, forcing the train to stop, before they boarded and took control, according to the official.
The attack happened in mountainous area right before a tunnel, making a rescue very difficult, they said.
This is a developing story. Please check back for updates.
(NEW YORK) — U.S. stocks dropped on Tuesday, extending losses suffered a day earlier amid a fresh round of tariffs on Canada and concern about a possible recession.
The Dow Jones Industrial Average tumbled about 515 points, or 1.2%, while the S&P 500 fell 0.8%. The tech-heavy Nasdaq ticked down 0.4%.
The Tuesday selloff extended a days-long market decline touched off by U.S. tariffs imposed last week on Canada, Mexico and China, some of which were delayed.
President Donald Trump on Tuesday announced retaliatory measures on Canada after they slapped a 25% tariff on electricity sent to the U.S., saying that he is imposing an additional 25% tariff on steel and aluminum, bringing those tariffs to 50%.
The move escalated a global trade war that intensified a day earlier, when China slapped retaliatory tariffs on the U.S., deepening trade tensions between the world’s two largest economies.
On Monday, the tech-heavy Nasdaq plummeted 4%, recording its worst day of trading since 2022. The Dow Jones Industrial Average and S&P 500 each dropped more than 2% on Monday.
The market drawdown on Monday extended losses last week. The S&P 500 recorded its worst week since September.
When asked about a potential recession in an interview broadcast on Sunday, Trump said tariffs imposed in recent days could bring about a “period of transition.”
“I hate to predict things like that,” Trump told Fox News in an interview recorded on Thursday. “It takes a little time, but I think it should be great for us.”
In response to a question later on Sunday about his reluctance to rule out a recession, Trump said: “I tell you what, of course you hesitate. Who knows?”
The Bureau of Labor Statistics is expected Tuesday morning to release a report on how many jobs are open in the economy, which could provide another clue about the strength of economy amid the new recession concerns. An inflation report is expected Wednesday.
This is a developing story. Please check back for updates.
Petty Officer 1st Class Brandon Giles/ U.S. Coast Guard via Getty Images
(WASHINGTON) — Investigators will offer updates Tuesday in the probe into the devastating crash between an American Airlines plane and a U.S. Army Black Hawk helicopter that killed all 67 people on board both aircraft.
The crash happened on the night of Jan. 29 when the PSA Airlines Bombardier CRJ700 regional jet, which had departed from Wichita, Kansas, with 64 people on board, was about to land at Washington, D.C.’s Ronald Reagan Washington National Airport. The three soldiers on the helicopter were conducting an annual training flight and night vision goggle check ride for one of the pilots at the time when the two aircraft collided.
Both aircraft plunged into the Potomac River.
National Transportation Safety Board Chairman Jennifer Homendy said last month that there was no indication the helicopter crew could tell there was an impending collision.
The soldiers may have had “bad data” on the altitude from their altimeter, as the pilots had differing altitudes in the seconds before the crash, Homendy said. One helicopter pilot thought they were at 400 feet and the other thought they were at 300 feet.
The transmission from the tower that instructed the helicopter to go behind the plane may not have been heard by the crew because the pilot may have keyed her radio at the same second and stepped on the transmission from ATC, the NTSB added.
The Black Hawk crew was likely wearing night vision goggles throughout the flight, Homendy said.
The NTSB will hold a news conference at 2 p.m. ET Tuesday.
(NEW YORK) — U.S. stocks seesawed between positive and negative territory in early trading on Tuesday, remaining essentially unchanged after losses suffered Monday when markets reacted to President Donald Trump’s refusal to rule out a possible recession.
The Dow Jones Industrial Average ticked down about 225 points, or 0.5%, while the S&P 500 ticked up 0.2%. The tech-heavy Nasdaq inched higher about 0.5%.
Wobbly markets in early trading on Tuesday followed a days-long market decline touched off by U.S. tariffs imposed last week on Canada, Mexico and China, some of which were delayed. Retaliatory tariffs issued by China on Monday deepened a trade war between the world’s two largest economies.
On Monday, the tech-heavy Nasdaq plummeted 4%, recording its worst day of trading since 2022. The Dow Jones Industrial Average and S&P 500 each dropped more than 2% on Monday.
The market drawdown on Monday extended losses last week. The S&P 500 recorded its worst week since September.
When asked about a potential recession in an interview broadcast on Sunday, Trump said tariffs imposed in recent days could bring about a “period of transition.”
“I hate to predict things like that,” Trump told Fox News in an interview recorded on Thursday. “It takes a little time, but I think it should be great for us.”
In response to a question later on Sunday about his reluctance to rule out a recession, Trump said: “I tell you what, of course you hesitate. Who knows?”
The Bureau of Labor Statistics is expected Tuesday morning to release a report on how many jobs are open in the economy, which could provide another clue about the strength of economy amid the new recession concerns. An inflation report is expected Wednesday.
This is a developing story. Please check back for updates.
(DALLAS) — A shift is on the horizon at Southwest Airlines. The carrier known for its customer-friendly policies and affordable airfare announced changes to its baggage and fare structure in an effort to cater to a broader range of travelers.
While the low-cost airline has long stood out for offering two free checked bags for all passengers, starting May 28, some customers will see charges for checked baggage.
The most notable change from the Dallas-based carrier that was announced Tuesday impacts those not holding certain status levels with Southwest’s Rapid Rewards program.
Southwest Airlines will continue to offer two free checked bags to Rapid Rewards A-List Preferred Members as well as its Business Select travelers.
A-List Members and other select customers will still receive one free checked bag, the airline said. However, those without qualifying status will now face a charge for their first and second checked bags, subject to weight and size limitations.
“We have tremendous opportunity to meet current and future customer needs, attract new customer segments we don’t compete for today, and return to the levels of profitability that both we and our shareholders expect,” President and CEO Bob Jordan said.
Why Southwest is changing baggage fees?
For passengers traveling on lower-priced fares, such as Wanna Get Away or Wanna Get Away Plus, the changes outlined reflect a move toward more targeted options for a range of travelers from budget conscious to frequent flyers, which the airline hinted at in December.
Southwest Rapid Rewards program points changes, assigned seats and more
In addition to the new baggage fees, Southwest’s Rapid Rewards program will also have some changes for earning points.
Customers who fly Business Select will earn more points, while those on lower-tier options — like Wanna Get Away fares — will earn fewer.
The airline is also introducing a new Basic fare category for the lowest-priced tickets starting May 28 ahead of rolling out assigned seating and extra legroom options.
“We’re evolving our business to create more choice for our current and future customers,” Jordan said.
Southwest is working to expand its reach with flights now available to book through Expedia, and an industry-standard partnership with Icelandair.
Flight credits issued for tickets purchased on or after May 28 will expire one year or earlier from the date of ticketing, depending on the fare type purchased.
Eric Stonestreet is joining the Dexter: Resurrection (modern) family. The Emmy-winning actor is the latest person to join the new Showtime drama series, the network announced. The Modern Family star will play a character called Al in a guest-arc appearance that is expected to take place over four episodes. The character is from Kansas City and is believed to be a serial killer. The new show marks a new chapter for Dexter Morgan, the main character in the original series, Dexter …
Jean Smart is returning to Broadway. The Tony nominee and Emmy winner will star in the world premiere of the play Call Me Izzy. The run will be a 12-week limited engagement at Studio 54 from May 24 to Aug. 17. Opening night will be June 12 and tickets go on sale to the general public on March 18. The show follows a woman in rural Louisiana who has a secret that is both her greatest gift and her only way out …
Time for one last loop around The Neighborhood. The comedy series will return for an eighth and final season, CBS announced. The upcoming final season will air during the 2025-2026 TV season on the network and will also be available to stream on Paramount+. Cedric the Entertainer, Max Greenfield, Beth Behrs and Tichina Arnold star in the show, while Cedric the Entertainer also executive produces …
(LONDON) — A fire burning onboard two ships that collided Monday in the North Sea appeared in aerial footage to have been largely put out, although a shipping official told BBC News it would be “premature” to say the fire on the tanker had been extinguished.
A Portuguese container ship collided with a U.S.-flagged oil tanker while the tanker was anchored in the North Sea, on the eastern coast of England, with both ships catching on fire, officials said Monday.
“There will be an investigation,” said Martyn Boyers, chief executive of the Port of Grimsby. “With all the technology that these vessels have, there’s no way it should have happened.”
The U.S. ship was identified as the Stena Immaculate, while the Portuguese-flagged container ship was identified as the Solong. Both ships sustained significant damage and were abandoned by their crews.
Thirty-six people between the two ships were safely brought to shore, with one person transported to a hospital, the U.K. coast guard said.
One of the Solong’s crew members remains missing in the wake of the collision, while the other 13 were brought safely to shore, according to Ernst Russ, the manager of the container vessel.
This is a developing story. Please check back for updates.
ABC News’ Joe Simonetti, Mark Osborne and Meredith Deliso contributed to this report.
(NEW YORK) — U.S. stock futures traded slightly higher on Tuesday, following Monday’s major selloff as markets digested President Donald Trump’s comments that there would be a “period of transition” as the economy adjusted to a global trade war.
Dow futures traded up 156 points, or about 0.36%.
The Dow Jones Industrial Average closed down about 2% on Monday, while the S&P 500 declined 2.7%. The tech-heavy Nasdaq plummeted 4%, which amounted to more than $1 trillion in losses, according to Bloomberg.
Asian stocks, which opened sharply lower on Tuesday, following the U.S. selloff, recovered some ground. And European stocks were trading mixed.
The Bureau of Labor Statistics is expected Tuesday morning to release a report on how many jobs are open in the economy, which could provide another clue about the strength of economy amid the new recession concerns. An inflation report is expected Wednesday.
The main driver of the recent declines appears to be America’s trade war, with investors watching the administration’s latest plans on trade and tariffs. The selloff coincided with retaliatory tariffs against the U.S. following levies last week on Canada, Mexico and China, some of which were delayed.
This is a developing story. Please check back for updates.
