Headline News from The Associated Press
AP Headline News - Jul 08 2024 18:00 (EDT)
18 news. I'm Ben Thomas. Working 2 million homes and businesses around Houston are without power. After barrel, now a tropical storm swept inland. Julie Walker has more on its impact. Harris County Constable Mark Herman says at least two people, a man and a woman in his area, are dead after trees fell on their homes. A 74 year old grandmother lost her life to a tree that had fallen into the house and basically cut the house in half. Crossing her fast rise in waters causing street flooding and water rescues near Houston. Rosenberg police captain, Suni Jugerta. She called and said she had water going in her vehicle and so they went out there in the high water vehicles that we have. She says there were several rescues. Dramatic video shows people in chest high water being pulled out. I'm Julie Walker. Record high temperatures in Oregon suspected in four deaths in Portland. It's under an excessive heat warning along with Washington State, Idaho, California, Nevada and Arizona. Parts of these coast as well as Alabama and Mississippi are under heat advisories. A barrage of Russian missiles blasted five cities across Ukraine today. Among the sites hit the Children's Hospital in Kyiv. Officials say at least 31 people killed. Several officials in the Mid-Eastern U.S. say the level of devastation from Israel's nine month offensive in the Gaza Strip appears to have helped push Hamas to soften its demands for a ceasefire. President Biden's standing firm against calls to drop his candidacy. In a two page letter to Congressional Democrats, the president says he declines to step aside and that it's instead time for the intraparty drama to end. Later in a phone interview with MSNBC's Morning Joe, the president said he's frustrated by calls from party officials to bow out, insisting average Democrats want him to stay in and he threw down the gauntlet, telling critics if they're serious, they should challenge him at next month's convention. Sager, Magani, Washington. This is AP News. Boeing's agreed to plead guilty to a criminal fraud charge stemming from two crashes of its 737 MAX jetliners that left 346 people dead. The deal still needs a judge's approval, small moves, but new highs on Wall Street. I'm Seth Zutel and this is the AP Market Support. Stocks waver to a mixed close, nudging the S&P 500 and the NASDAQ composite to more records. The S&P 500 inched up 1/10%, the NASDAQ composite rose 3/10%. The Dow Jones industrial average gave up an early gain and fell 31 points. That's about 1/10%. Specialty glassware maker Corning surged after raising its sales forecast. Traders are looking ahead to several earnings reports this week, including updates from Delta Airlines on Thursday and JP Morgan, Citigroup and Wells Fargo on Friday. Federal Reserve Chair Jerome Powell addresses Congress on Tuesday and Wednesday. Treasury yields were stable in the bond market. Seth Zutel, New York. And the TSA screened 3 million airline passengers yesterday, the most ever. I'm Ben Thomas, AP News. Thanks for listening. An official message from Medicare. A new law is helping me save more money on prescription drug costs. Maybe you can save too. With Medicare's extra help program, my premium is zero and my out-of-pocket costs are low. Who should apply? Single people making less than $23,000 a year or married couples who make less than $31,000 a year. Even if you don't think you qualify, it pays to find out. Go to ssa.gov/extrahelp. Paid for by the US Department of Health and Human Services. What's next? At Moss Adams, that question inspires us to help people and their businesses strategically define and claim their future. As one of America's leading accounting, consulting and wealth management firms, our collaborative approach creates solutions for your unique business needs. 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