The U.S. Coast Guard says it rescued one survivor of a helicopter crash near a bay in southeast Alaska and is searching for three others. The agency says the 14-year-old survivor of the Friday crash showed signs of mild hypothermia but is in good condition, the Anchorage Daily News reported . The crash happened near…
Tesla CEO Elon Musk, company settle fraud suit for $40M
Tesla and its CEO Elon Musk have agreed to pay a total of $40 million and make a series of concessions to settle a government lawsuit alleging Musk duped investors with misleading statements about a proposed buyout of the company. The settlement allows Musk to remain CEO of the electric car company but requires him…
White House press briefings fade amid Kavanaugh crisis
The last press briefing from Sarah Huckabee Sanders took place on Sept. 10. | Chip Somodevilla/Getty Images White House Press secretary Sarah Huckabee Sanders has become more likely to take her case to television hosts than the White House press corps. By ANNIE KARNI 09/28/2018 05:17 PM EDT Press Secretary Sarah Huckabee Sanders responded to…
Sex abuse scandal: Pope seeks prayers to fight ‘devil’
Interested in Pope Francis? Add Pope Francis as an interest to stay up to date on the latest Pope Francis news, video, and analysis from ABC News. Pope Francis asked Saturday for daily prayers to protect the Catholic Church from what he says are "attacks by the devil," in his latest response to the clerical…
The Fed could be hiking the U.S. into a recession, warns Peter Boockvar
The Fed built up $4.5 trillion in bonds and other securities during its quantitative easing program which began nearly a decade ago.The dual approach of hiking rates while reducing asset holdings tightens monetary conditions at a faster pace than a change to the fed funds rate alone. Next month, the Fed will increase its reductions…