Trump signals openness to cutting China tariffs to 80%.
President Donald Trump proposed reducing tariffs on Chinese imports to 80% in a bid to ease trade tensions ahead of high-level talks today between US and Chinese officials in Switzerland. The talks mark the first major meeting between the two countries since the trade war began. Tariffs have surged to 145% on US goods from China and 125% on Chinese goods from the US, impacting markets and consumer prices.
Former Supreme Court Justice David Souter dies at age 85.
The retired Supreme Court justice, appointed by President George HW Bush in 1990, passed away Thursday at his home in New Hampshire. Though initially expected to be a conservative voice, Souter became known for his liberal stances on issues like abortion and civil rights. He also dissented in the 2000 Bush v. Gore decision, which ended the Florida recount and secured George W. Bush's presidential victory.
Newark Airport goes dark for second time Friday morning.
Early Friday morning, radar screens at Newark Liberty International Airport in New Jersey went dark for about 90 seconds due to a telecommunications outage at a Philadelphia facility overseeing its airspace. The brief outage is the second such incident in two weeks and came a day after the Department of Transportation announced a multibillion-dollar modernization plan.
Two men convicted of cutting down iconic Sycamore Gap tree.
Daniel Graham and Adam Carruthers were found guilty Friday of criminal damage for felling the Sycamore Gap tree in northern England in 2023. The roughly 150-year-old tree previously stood symmetrically in a dip between two hills (see photos) alongside a portion of Hadrian's Wall, a 73-mile stone barrier built by Roman Emperor Hadrian about 1,900 years ago to protect the empire's northwest frontier. Sentencing is July 15.
Lyft sees shares rise 28% after increasing its share buyback plan.
Lyft's shares popped a day after the rideshare company beat first-quarter estimates, reporting $1.45B in revenue. It also expanded its share buyback plan (see overview) to $750M. Additionally, Lyft reported strong rider growth in smaller US cities and international expansion through its FreeNow acquisition have contributed to a record number of bookings.
FDA approves first at-home alternative to the Pap smear.
The Food and Drug Administration on Friday approved an at-home cervical cancer screening tool called the Teal Wand, which allows women ages 25 to 65 to self-collect samples to test for HPV—the virus responsible for most cervical cancers. The alternative to traditional Pap smears aims to make screening easier, especially for those who find in-office exams uncomfortable or inaccessible.
SOURCE: 1440 NEWS
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