Stock market  update: Dow drops 1190 points, S&P 500 sees fastest correction in history

Stock Market Rout Deepens on Virus Worries; Indexes Lose 4% Yisrael Price

The Dow Jones Industrial Average sank nearly 1,200 points Thursday, deepening a weeklong global market rout caused by worries that the coronavirus outbreak will wreak havoc on the global economy. Bond…

National

S. Korea Says Flight Attendant Infected With Virus Worked Los Angeles RouteHamodia

A Korean Air flight attendant who worked on flights between Seoul and Los Angeles subsequently tested positive for the coronavirus, South Korea’s disease control agency and sources said on Thursday.…

Trump Campaign Sues New York Times for Defamation Over PutinHamodia

The campaign to reelect President Donald Trump sued The New York Times for defamation Wednesday, saying it was responsible for an essay by a former executive editor for the newspaper…

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World

U.K. Court Blocks Heathrow Airport Expansion Over Climate ConcernsHamodia

Heathrow Airport’s plans to increase capacity of Europe’s biggest travel hub by over 50% were stalled Thursday when a British court said the government failed to consider its commitment to…

Lebanon Begins ‘Historic’ Offshore Oil Drilling Amid CrisisHamodia

Lebanon’s president Thursday inaugurated the Mediterranean country’s first offshore exploratory drilling for oil and gas, calling it a “historic day” for the cash-strapped country. Michel Aoun spoke aboard the drill…

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Regional

Man Who Sued NYC Twice Over Stop and Frisk Settles for $10KHamodia

A man who has twice sued the New York Police Department over stop-and-frisk practices has settled with the city for $10,000. David Ourlicht, 32, initially sued the department in 2008,…

Driver in Fatal I-80 School Bus Crash Sentenced to 10 YearsHamodia

The driver of a school bus who veered across Interstate 80 in New Jersey after missing an exit and crashed into a dump truck, killing a teacher and a student…

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Politics

FOCUS: Sanders Often Focuses on Positive Elements of Authoritarian GovernmentsJM Rieger

Sen. Bernie Sanders was unequivocal during the Democratic debate Tuesday. “I have opposed authoritarianism all over the world,” the senator from Vermont and 2020 Democratic presidential candidate said. “. .…

Pelosi Urges Democratic Unity Amid Sanders’ Campaign SurgeHamodia

Speaker Nancy Pelosi on Wednesday urged party unity amid Bernie Sanders’ surge in the presidential race, even as House Democrats worry about a volatile election season that could put a…

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Business

U.S. Mortgage Rates Decline; 30-Year Loan at 3.45%Hamodia

U.S. long-term mortgage rates declined this week as growing concern over the economic impact of China’s viral outbreak spurred a steep downturn in global stock markets. Mortgage buyer Freddie Mac…

Markets Shudder Again on Virus Fears, Extending Recent RoutHamodia

Stocks are falling sharply on Wall Street as investors continue to flee risky assets as countries take increasingly drastic measures to contain the coronavirus outbreak and as more big-name companies…

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Health, Science & Technology

Rescued California Sea Lions Now at Hawaii Aquatic ParkHamodia

Two sea lions rescued off the coast of California are making their debut at a new home in a Hawaii aquatic park. The sea lions, named Niblet and Brawler, are…

A Faulty CDC Coronavirus Test Delays Monitoring of Disease’s SpreadHamodia

Problems with a government-created coronavirus test has limited the U.S. capacity to rapidly increase testing, just as the outbreak has entered a worrisome new phase in countries around the world.…

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