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Tag: Transportation

  • Pilot sues Southwest after colleague exposes himself

    Pilot sues Southwest after colleague exposes himself

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    FORT LAUDERDALE, Fla. — A Southwest Airlines pilot is suing the company, her union and a former colleague who pleaded guilty last year to dead-bolting the cockpit door during a flight and stripping naked in front of her.

    Christine Janning alleges that Southwest retaliated by grounding her after she reported Michael Haak to the company and the FBI, that it kept him employed despite an alleged history of sexual misconduct and that managers disparaged her in memos.

    She also alleges that the Southwest Airlines Pilots Association conspired with the airline and refused to support her. She is suing Haak for sexual assault. He pleaded guilty last year to a federal misdemeanor charge of committing a lewd, indecent or obscene act and was sentenced to probation.

    Haak’s attorney, Michael Salnick, said Wednesday that his client disrobed only after Janning encouraged him to, never did anything else and that there were no previous incidents. Southwest said it supported Janning and that it would “vigorously defend” itself against the lawsuit. The union did not respond to a phone call seeking comment.

    The Associated Press doesn’t normally identify people who say they are victims of sex crimes, but Janning through her attorney agreed to the use of her name.

    According to the lawsuit filed last week in Orange County, Florida, Janning had never met Haak before August 2020, when she was his co-pilot on a flight from Philadelphia to Orlando. She says Haak, a 27-year veteran of the airline, had used his seniority rights the previous day to bump another pilot who had been scheduled to command the flight. Janning believes that’s because he saw a woman was the scheduled co-pilot.

    Janning said that when they reached cruising altitude, Haak told her this was his final flight and there was something he wanted to do before retirement.

    She said he bolted the door so no flight attendant could enter. He then put the plane on autopilot, stripped off his clothes, began watching pornography on his laptop and committed a lewd act for 30 minutes while taking photos and videos of himself.

    Salnick said it was Janning who asked Haak if there was anything he wanted to do before retiring. When he replied he wanted to fly naked, she told him to go ahead and then made sexual advances after he disrobed, Salnick said. He said Haak rejected those and adamantly denied a lewd act occurred.

    At his sentencing hearing last year, Haak called the incident “a consensual prank” that got out of hand.

    Janning’s attorney, Frank Podesta, denied she encouraged Haak or made any advances.

    Janning said in the lawsuit that she was “horrified,” but she kept flying the plane while taking photos “to create a record.” The plane landed safely.

    And that wasn’t Haak’s final flight — he flew for three more weeks.

    Meanwhile, Janning didn’t report the incident to a Southwest employee relations investigator until three months later. She said she waited because her boss had disparaged her to a male colleague previously. She said she asked the investigator not to inform her boss, but she did.

    Janning says she was soon told that because Haak had retired, the airline’s investigation was closed. Janning then went to the FBI, which charged Haak. She alleges Southwest had sent Haak to a Montreal sexual harassment counseling center after a 2008 incident involving a flight attendant.

    Salnick says this incident never happened and Haak was never sent to a counseling center.

    “This person will do and say whatever is necessary to obtain a financial windfall. I feel sorry for her,” Salnick said.

    Janning said as retaliation for the FBI report, she was grounded for more than three months, costing her part of her salary. She was then required to take “unnecessary” flight simulator training before she could work again.

    She also said that on the day she was grounded, the airline stranded her in Denver and the FBI had to book her a United Airlines flight so she could return home to Florida. She said a Southwest manager sent a memo to more than 25 employees “that made baseless allegations” about her flying competency.

    Southwest denied Janning’s allegations, saying “we immediately supported (Janning) by cooperating with the appropriate outside agencies as they investigated.”

    “Our corporate Culture is built upon treating others with mutual respect and dignity, and the events alleged in this situation are inconsistent with the behavior that we require of our Employees,” the statement read.

    Janning said that when she contacted the union, its leaders did nothing to help her but did write a letter to Haak’s judge during his misdemeanor case saying he had a “spotless” record.

    No hearings have been scheduled.

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  • Coca-Cola Honors Stevens Transport With Asset Carrier of the Year Award

    Coca-Cola Honors Stevens Transport With Asset Carrier of the Year Award

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    Stevens Transport honored with prestigious Coca-Cola Asset Carrier of the Year award.

    Press Release


    Oct 4, 2022

    Stevens Transport, one of North America’s premier multi-modal, temperature-controlled truckload carriers, announced that Coca-Cola Company, the world’s largest beverage company with over 500 sparkling and still brands, has recognized their outstanding performance by honoring them with their prestigious Asset Carrier of the Year Award.

    On Aug. 24, 2022, Todd Aaron, Vice Chairman, and Robert Solimani, Vice President of Stevens Transport, proudly accepted the Coca-Cola Asset Carrier of the Year Award in Atlanta, Georgia, for providing unparalleled service in 2021 during a time of unprecedented freight demand attributed to the global supply chain pandemic. Although this is the third time Coca-Cola has recognized Stevens Transport as their top-performing logistics partner, the 2021 – 2022 cycle offered challenges that required a greater element of service not seen in prior years as Coca-Cola products were essential to millions of Americans during a challenging economic setting.

    “Coca-Cola has been a key strategic business partner of Stevens Transport for over a decade,” stated Todd Aaron. “This recognition required nothing short of a herculean effort and commitment to our much-valued Coca-Cola partnership. In addition, I want to specifically acknowledge the effective sales and procurement strategy that was implemented by the dedicated team led by Robert Solimani. We could not have won this award without their unwavering efforts to support this key partnership,” he added.

    “In a challenging market, execution and proactive communication separated Stevens from the pack,” stated Robert Solimani. Above all, Todd and Robert acknowledge their best-in-class driving force that brought their vision of service excellence to fruition. Stevens Transport proudly accepts this prestigious award, and world-class service to its partners will remain the #1 business priority.

    ###

    About Stevens Transport

    Stevens Transport is the largest refrigerated trucking company in Texas and North America’s premier multi-modal, temperature-controlled transportation and logistics company. The specialized nature of time-sensitive truckload shipments gives Stevens Transport a unique advantage in the supply chain marketplace as a logistics leader valued by a wide range of Fortune 500 ® customers. Beyond capacity-driven operations, Stevens Transport injects an unmatched integrity into a corporate business model that reflects more than 40 years of consistent growth and success. To learn more about Stevens, visit www.stevenstransport.com or find them Facebook at https://www.facebook.com/StevensTransport and Twitter at https://twitter.com/Drive4Stevens

    Source: Stevens Transport

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  • Tesla’s Deliveries Missed the Mark. Why Analysts Aren’t Worried.

    Tesla’s Deliveries Missed the Mark. Why Analysts Aren’t Worried.

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    Tesla


    stock dropped on Monday after the electric-vehicle company disclosed delivery figures that fell short of Wall Street forecasts, but at least some analysts see reason for optimism.

    On Sunday,


    Tesla


    (ticker: TSLA) reported that it delivered 343,830 cars and produced 365,923 in the third quarter. The deliveries were a jump compared with the 254,695 vehicles


    Tesla


    handed over to customers in the second quarter, but still below Wall Street estimates. The company said that deliveries have historically been skewed toward the end of each quarter, and that as “production volumes continue to grow, it is becoming increasingly challenging to secure vehicle transportation capacity and at a reasonable cost during these peak logistics weeks.”

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  • Crash of small plane into house investigated; 3 dead

    Crash of small plane into house investigated; 3 dead

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    HERMANTOWN, Minn. — Federal investigators hope to determine what caused a single-engine plane to crash into a house in northern Minnesota, killing three on board and narrowly missing two people asleep in the house.

    Officials say the Cessna 172 Skyhawk went down shortly before midnight Saturday in Hermantown minutes after departing from Duluth International Airport.

    Authorities on Sunday identified the victims as passengers Alyssa Schmidt, 32, of St. Paul, her brother Matthew Schmidt, 31, of Burnsville, and the pilot, Tyler Fretland, 32, of Burnsville.

    Jason Hoffman told Minnesota Public Radio that he and his wife had been asleep on the second floor of their home when they were jolted by what sounded like an explosion. The plane tore through the roof above their bed, he said.

    “We couldn’t hardly see each other through all the insulation dust. I was able to grab a flashlight next to the bed and the first thing I saw was an airplane wheel sitting at the end of our bed,” Hoffman said. “That’s when we looked out and noticed the entire back half our our house was gone.”

    Hoffman said the wreckage of the plane wound up wedged between his truck and the garage.

    The Hermantown Police Department was notified by the control tower at the Duluth airport after the small airplane had left radar and was believed to have crashed. The control tower advised the last location on radar was 1 to 1 1/2 miles south of the airport.

    The Federal Aviation Administration and National Transportation Safety Board will investigate.

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  • Indonesian recalls stinging tear gas in deadly soccer melee

    Indonesian recalls stinging tear gas in deadly soccer melee

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    MALANG, Indonesia — Dicky Kurniawan felt the sharp sting in his eyes as Indonesian police fired tear gas into the stadium.

    From his seat near an exit, he said he watched the melee unfold Saturday night as angry fans poured into the field to demand answers after host Arema FC of East Java’s Malang city lost to Persebaya Surabaya, its first defeat ever on its home turf. The mob threw bottles and other objects, and the violence spread outside the stadium, where police cars were overturned and torched.

    Kurniawan, 22, was shocked when police fired tear gas at spectators in the stands. As the stinging gas spread through the stadium, Kurniawan grabbed his girlfriend and — like everyone else — dashed to the exits.

    The mass rush led to a stampede that killed nearly three dozen people almost instantly. The death toll reached 125 and hundreds more were injured in one of the world’s deadliest tragedies at a sporting event. More than 40,000 spectators were at the match, all Arema fans because the organizer had banned Persebaya Surabaya supporters due to Indonesia’s history of violent soccer rivalries.

    “The chaos was on the field, but they fired the tear gas into the stadium stands,” Kurniawan said as he described the tragedy from his hospital bed. He received bruises on his face but said he was fortunate to survive.

    “Now I am done watching soccer in the stadium,” Kurniawan said.

    In the bed next to Kurniawan, teenager Farel Panji also had a lucky escape.

    Panji, 16, had just left his seat to go to the exit when the tear gas came. As people ran past him to get to the exit, Panji said he got pushed down by the crowd and collapsed.

    “I fainted for a while. When I woke up, I was still in the stadium seating area,” Panji said. He got home safely and was taken to the hospital the next day. Wearing an Arema jersey, Panji said Saturday’s incident did not stop him from loving the club.

    Malang’s Dr. Saiful Anwar General Hospital, one of several used to treat victims, was filled Sunday with grieving relatives waiting to identify bodies in the morgue or for information about their loves ones.

    Police say 323 people were injured in the crush, with some still in critical condition. At least 17 children were among the dead and seven other children are being treated at hospitals, according to the Ministry of Women’s Empowerment and Child Protection.

    Arema’s Chilean coach, Javier Roca, led the players and other officials in paying respect to the dead in a ceremony Monday.

    Wearing black shirts, the team gathered at the statue of a lion head outside Kanjuruhan Stadium. Dozens of Arema supporters also attended, and started to cry when the players poured rose petals around the statue and prayed together.

    “We came here as a team, asking forgiveness from the families impacted by this tragedy, those who lost their loves ones or the ones who are still being treated in the hospital,” Roca said.

    He said soccer violence must stop.

    “We feel like we got a punishment,” he said. “One match result is not worth paying with the lives of people, let alone more than 100 people.”

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  • Phone alerts responders after car hits tree, killing all 6

    Phone alerts responders after car hits tree, killing all 6

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    LINCOLN, Neb. — A passenger’s cellphone automatically alerted responders after a car hit a tree early Sunday in a Nebraska crash that killed all six of its young occupants, authorities said.

    Five men in the Honda Accord died at the scene of the crash around 2:15 a.m. in Lincoln, about 3 miles east of the state Capitol, police said. A 24-year-old woman died later at a hospital where she was taken in critical condition.

    The five men who died included the 22-year-old driver. The other victims were one 21-year-old, one 23-year-old and two 22-year-olds.

    Police said the cause of the crash remains under investigation, and they said the crash was reported by an iPhone that detected the impact and called responders automatically when the phone’s owner didn’t respond.

    “This is the worst crash in Lincoln in recent memory,” Lincoln Police Assistant Chief Michon Morrow said. “We’ve been trying to think of another accident this bad and we haven’t come up with anything.”

    Investigators hadn’t been able to find any witnesses to the crash by Sunday afternoon, which could make it harder to determine what happened.

    “The cause of this accident is going to take us some time to pin down,” Morrow said. “We are looking at all possibilities, including alcohol, speed or distracted driving.”

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  • 3 die when plane hits Minnesota home, but 2 in house unhurt

    3 die when plane hits Minnesota home, but 2 in house unhurt

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    HERMANTOWN, Minn. — Three people aboard a small airplane died when it crashed into a house near a northern Minnesota airport, but the two people sleeping inside the home — and their cat — were unhurt.

    Hermantown Police said the Cessna 172 plane crashed into the second floor of the home just south of the Duluth airport late Saturday, before coming to rest in the backyard.

    Jason Hoffman told Minnesota Public Radio that he and his wife had been asleep for just over an hour before the plane tore through the roof above their bed.

    “We couldn’t hardly see each other through all the insulation dust. I was able to grab a flashlight next to the bed and the first thing I saw was an airplane wheel sitting at the end of our bed,” Hoffman said. “That’s when we looked out and noticed the entire back half our our house was gone.”

    Hoffman said the wreckage of the plane wound up wedged between his truck and the garage.

    The three people aboard the plane who died included two men from Burnsville and a woman from St. Paul. They were all in their 30s but weren’t immediately identified.

    The Federal Aviation Administration and National Transportation Safety Board will investigate the crash.

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  • Feds vow major aid for Hurricane Ian victims amid rescues

    Feds vow major aid for Hurricane Ian victims amid rescues

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    FORT MYERS, Fla. — With the death toll from Hurricane Ian rising and hundreds of thousands of people without power in Florida and the Carolinas, U.S. officials vowed Sunday to unleash an unprecedented amount of federal disaster aid as crews scrambled to rescue people still trapped by floodwaters.

    Days after Ian tore through central Florida, carving a deadly path of destruction into the Carolinas, water levels continued to rise in some flooded areas, inundating homes and streets that were passable just a day or two earlier.

    With branches strewn across the grounds of St. Hillary’s Episcopal Church in Ft. Myers, the Rev. Charles Cannon recognized the immense loss during his Sunday sermon but also gave thanks for what remained. That included the church’s stained-glass windows and steeple.

    “People think they have lost everything, but you haven’t lost everything if you haven’t lost yourself,” he said.

    Deanne Criswell, administrator of the Federal Emergency Management Agency, said the federal government was ready to help in a huge way, focusing first on victims in Florida, which took the brunt of one of the strongest storms to make landfall in the United States. President Joe Biden and first lady Jill Biden plan to visit the state on Wednesday.

    Flooded roadways and washed-out bridges to barrier islands left many people isolated amid limited cellphone service and a lack of basic amenities such as water, electricity and the internet. And officials warned that the situation in many areas isn’t expected to improve for several days because all of the rain that fell has nowhere to go since waterways are overflowing.

    Nearly 850,000 homes and businesses were still without electricity Sunday, down from a peak of 2.67 million.

    Criswell told “Fox News Sunday” that the federal government began to arrange the “largest amount of search and rescue assets that I think we’ve ever put in place before” to supplement Florida’s resources.

    Even so, recovery will take time, said Criswell, who visited the state on Friday and Saturday to assess the damage and talk to survivors. She cautioned that dangers remain.

    “We worry a lot about the direct impacts from the storm itself as it is making landfall, but we see so many more injuries and sometimes more fatalities after the storm,” Criswell said. “People need to stay vigilant right now. Standing water brings with it all kinds of hazards — it has debris, it could have power lines, it could have hazards in there that you just don’t know about.”

    At least 54 people have been confirmed dead: 47 in Florida, four in North Carolina and three in Cuba. The weakened storm drifted north on Sunday and was expected to dump rain on parts of Virginia, West Virginia, Maryland and southern Pennsylvania, according to the National Hurricane Center, which warned of the potential for flash-flooding.

    More than 1,000 people have been rescued from flooded areas along Florida’s southwestern coast alone, Daniel Hokanson, a four-star general and head of the National Guard, told The Associated Press.

    In rural Seminole County, north of Orlando, residents donned waders, boots and bug spray to paddle to their flooded homes on Sunday.

    Ben Bertat found 4 inches (10 centimeters) of water in his house by Lake Harney after kayaking there.

    “I think it’s going to get worse because all of this water has to get to the lake” said Bertat, pointing to the water flooding a nearby road. “With ground saturation, all this swamp is full and it just can’t take any more water. It doesn’t look like it’s getting any lower.”

    Gabriel Madling kayaked through several feet of water on his street, delivering sandbags to stave off water that had crept to his doorstep.

    “My home is close to underwater,” Madling said. “Right now, I’m just going to sandbag as much as I can and hope and pray.”

    Florida Gov. Ron DeSantis said Saturday that multibillionaire businessman Elon Musk was providing some 120 Starlink satellites to “help bridge some of the communication issues.” Starlink, a satellite-based internet system created by Musk’s SpaceX, will provide high-speed connectivity.

    The bridge to Pine Island, the largest barrier island off Florida’s Gulf Coast, was destroyed by the storm, leaving it accessible only by boat or air. Some flew out by helicopter.

    An aerial photo of the Mad Hatter Restaurant on nearby Sanibel Island that was posted on social media shows a mostly vacant patch of sand where the restaurant used to be. The staff is safe, according to a message on the restaurant’s Facebook page.

    “The Mad Hatter Restaurant, unfortunately, is out at sea right now,” the Facebook page reads. “The best news from this devastating scene is that there is still land for us to rebuild.”

    Fort Myers Mayor Kevin Anderson on Sunday defended Lee County officials from accusations that they had been slow in ordering evacuations on Tuesday ahead of the storm, a day later than some other counties in the area did.

    “Warnings for hurricane season start in June. So there’s a degree of personal responsibility here. I think the county acted appropriately. The thing is, a certain percentage of people will not heed the warnings regardless,” Anderson said on the CBS show “Face the Nation.”

    Elsewhere, power remained knocked out to at least half of South Carolina’s Pawleys Island, a beach community roughly 75 miles (115 kilometers) up the coast from Charleston.

    In North Carolina, the storm downed trees and power lines. Two of the four deaths in the state were from storm-related vehicle crashes, and the others involved a man who drowned when his truck plunged into a swamp and another killed by carbon monoxide poisoning from a generator in a garage.

    ———

    Associated Press reporters Rebecca Santana in Ft. Myers, and Brendan Farrington and Anthony Izaguirre in Tallahassee contributed to this report.

    ———

    For more AP coverage of Hurricane Ian: https://apnews.com/hub/hurricanes

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  • FBI: Jetliner evacuated in Albuquerque after security threat

    FBI: Jetliner evacuated in Albuquerque after security threat

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    ALBUQUERQUE, N.M. — An American Airlines flight from Texas to New Mexico was evacuated Sunday after landing at the Albuquerque airport because of a security threat, authorities said.

    All 179 people aboard Flight 928 from Dallas-Fort Worth were taken off the jet in the morning at Albuquerque International Sunport and were bused to the terminal, airport officials said. No injuries were reported.

    FBI officials in Albuquerque did not disclose the nature of the security threat but said that the matter was being investigated and that no other information was available.

    American Airlines passengers flying out of the airport were expected to see flight delays while the episode is investigated, airport officials said.

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  • 2 hurt when helicopter crashes in yard of California home

    2 hurt when helicopter crashes in yard of California home

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    FRESNO, Calif. — A helicopter spun out of control and crashed in the front yard of a home in central California, hurting a pilot and passenger, authorities said.

    The helicopter clipped the edge of the house and sheared off the top of a palm tree before crashing and coming to rest on its side in southeast Fresno around 10 a.m. Saturday, said police Lt. Charlie Chamalbide.

    Two men aboard, the 47-year-old pilot and a 33-year-old passenger, were hospitalized with minor injuries, Chamalbide said. Nobody on the ground was hurt.

    The aircraft was a surveying helicopter on a test run, the lieutenant said. He did not have information about who owned it or who the occupants were working for.

    “They heard a pop and then they started losing altitude — that’s as far as we know,” Chamalbide told reporters.

    Neicy Miramontes told the Fresno Bee that her 9-year-old son, Ezekiel Carranco, was walking to a friend’s house when he saw the helicopter in trouble.

    “All of a sudden he looks up and sees the helicopter spinning and after that he heard a loud boom,” she said.

    The National Transportation Safety Board was investigating.

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  • Malaysia aims to add US flights after safety rating boost

    Malaysia aims to add US flights after safety rating boost

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    KUALA LUMPUR, Malaysia — The U.S. Federal Aviation Administration has upgraded Malaysia’s air safety rating to Category 1, allowing the country’s carriers to expand flights to the United States after a three-year hiatus, Transport Minister Wee Ka Siong said Saturday.

    Wee said the move will bolster tourism and economic growth in Malaysia, which opened up from pandemic shutdowns in April.

    “With the return to Category 1, our airlines can now mount new flights to the U.S. and have code sharing with American carriers. There is no more barrier now,” said Wee, who was in Montreal for an ICAO assembly. “This is good news after the COVID-19 pandemic.”

    Riad Asmat, CEO of low-cost carrier AirAsia Malaysia, said it was a “very good start.” He said AirAsia, currently the only Malaysian carrier that flies to the United States — from Kuala Lumpur to Honolulu — will seek opportunities to expand in the U.S.

    The FAA lowered Malaysia’s rating in November 2019 to Category 2 due to non-compliance with safety standards. The FAA identified deficiencies in areas including technical expertise, record keeping and inspection procedures.

    Under the FAA system, countries are listed either as Category 1, which meets International Civil Aviation Organization standards, or Category 2, which doesn’t meet standards.

    Wee told an online news conference that the downgrade prompted Malaysia to restructure its Civil Aviation Authority and make various efforts to strengthen its aviation workforce, documentation processes and inspection methods to ensure effective safety oversight.

    He said the FAA was satisfied the issues identified in 2019 had been rectified, but found 29 new problems in its December assessment. Those issues were swiftly rectified in the first half this year, he said, and the FAA has restored Malaysia’s Category 1 rating.

    Malaysia Airlines CEO Izham Ismail said the national carrier will resume flight plans with its partners, especially American Airlines, but didn’t elaborate.

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  • 5 more bodies recovered from Puget Sound floatplane crash

    5 more bodies recovered from Puget Sound floatplane crash

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    SEATTLE — The bodies of six of the 10 victims in a floatplane crash in Washington state’s Puget Sound have been recovered and five have been identified, officials said Friday.

    Island County Emergency Management deputy director Eric Brooks confirmed Friday that four additional victims had been identified, The Seattle Times reported. Gabby Hanna of Seattle, whose body was found shortly after the Labor Day weekend crash near Whidbey Island, was previously identified.

    Officials were still working to identify the sixth victim. Brooks didn’t give the names of the identified victims and said the coroner would be meeting with victims’ families.

    Officials have also been investigating whether human remains that washed ashore at Dungeness Spit near Sequim, Washington, nearly two weeks after the crash is the seventh victim. The autopsy was delayed because the human remains had to be transferred out of Clallam County to a forensic pathologist in Thurston County, according to Clallam County Deputy Coroner Nathan Millett.

    About 80% of the plane, including the engine, has been recovered using remotely operated vessels, National Transportation Safety Board Chair Jennifer Homendy said Thursday. Crews began recovery efforts Tuesday, using a Navy barge anchored near the crash site.

    The de Havilland DHC-3 Otter was headed from Friday Harbor to the Seattle suburb of Renton on Sept. 4 before plummeting into the water.

    Determining the probable cause of the crash could take up to two years, officials have said.

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  • These 20 stocks in the S&P 500 tumbled between 20% and 30% in September

    These 20 stocks in the S&P 500 tumbled between 20% and 30% in September

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    Stocks declined again on Friday, closing out September with large losses across the board as the rally from the June lows partway through August faded into memory.

    The S&P 500
    SPX,
    -1.51%

    fell 1.5% on Friday. The benchmark index slumped 9.3% for September, leading to a 2022 loss of 24.8%. The Dow Jones Industrial Average
    DJIA,
    -1.71%

    gave up 1.7% on Friday, for a September decline of 8.8%. The Dow has now fallen 20.9% for 2022. The Nasdaq Composite Index
    COMP,
    -1.51%

    pulled back 1.5% on Friday for a September drop of 10.5% and a year-to-date plunge of 32.4%. (All price changes in this article exclude dividends.)

    Below is a list of stocks in the S&P 500 that fell the most during September.

    It was the worst September performance for U.S. stocks since 2008, according to Dow Jones Market Data. William Watts looked back to see what poor performance during September may portend for October.

    Real estate leads the sector bloodbath

    All sectors of the S&P 500 were down during September, including five that fell by double digits:

    S&P 500 sector

    Sept. 30 price change

    September price change

    2022 price change

    Real Estate

    1.0%

    -13.6%

    -30.4%

    Communication Services

    -1.7%

    -12.2%

    -39.4%

    Information Technology

    -1.9%

    -12.0%

    -31.9%

    Utilities

    -2.0%

    -11.5%

    -8.6%

    Industrials

    -1.3%

    -10.6%

    -21.7%

    Energy

    -0.9%

    -9.7%

    30.7%

    Materials

    -0.3%

    -9.6%

    -24.9%

    Consumer Staples

    -1.8%

    -8.3%

    -13.5%

    Consumer Discretionary

    -1.8%

    -8.1%

    -30.3%

    Financials

    -1.1%

    -7.9%

    -22.4%

    Health Care

    -1.4%

    -2.7%

    -14.1%

    S&P 500

    -1.5%

    -9.3%

    -24.8%

    Source: FactSet

    Worst performers in the S&P 500 in September
    Company

    Ticker

    Sept. 30 price change

    September price change

    2022 price change

    Decline from 52-week intraday high

    Date of 52-week intraday high

    FedEx Corp.

    FDX,
    -2.52%
    -2.5%

    -29.6%

    -42.6%

    -44.4%

    01/05/2022

    V.F. Corp.

    VFC,
    -2.73%
    -2.7%

    -27.8%

    -59.2%

    -62.1%

    11/16/2021

    Lumen Technologies Inc.

    LUMN,
    -1.36%
    -1.4%

    -26.9%

    -42.0%

    -49.8%

    11/05/2021

    Ford Motor Co.

    F,
    -2.35%
    -2.4%

    -26.5%

    -46.1%

    -56.7%

    01/13/2022

    Charter Communications Inc. Class A

    CHTR,
    -2.96%
    -3.0%

    -26.5%

    -53.5%

    -59.8%

    10/07/2021

    Adobe Inc.

    ADBE,
    -1.10%
    -1.1%

    -26.3%

    -51.5%

    -60.7%

    11/22/2021

    Carnival Corp.

    CCL,
    -23.25%
    -23.3%

    -25.7%

    -65.1%

    -73.5%

    10/01/2021

    CarMax Inc.

    KMX,
    +1.32%
    1.3%

    -25.4%

    -49.3%

    -57.7%

    11/08/2021

    Advanced Micro Devices Inc.

    AMD,
    -1.22%
    -1.2%

    -25.3%

    -56.0%

    -61.5%

    11/30/2021

    Caesars Entertainment Inc.

    CZR,
    -0.49%
    -0.5%

    -25.2%

    -65.5%

    -73.1%

    10/01/2021

    Boeing Co.

    BA,
    -3.39%
    -3.4%

    -24.4%

    -39.9%

    -48.2%

    11/15/2021

    WestRock Co.

    WRK,
    -1.56%
    -1.6%

    -23.9%

    -30.4%

    -43.6%

    05/05/2022

    International Paper Co.

    IP,
    -1.22%
    -1.2%

    -23.8%

    -32.5%

    -44.0%

    10/13/2021

    Western Digital Corp.

    WDC,
    +1.15%
    1.1%

    -23.0%

    -50.1%

    -53.1%

    01/05/2022

    Newell Brands Inc.

    NWL,
    -0.57%
    -0.6%

    -22.2%

    -36.4%

    -47.5%

    02/16/2022

    Eastman Chemical Co.

    EMN,
    +0.34%
    0.3%

    -21.9%

    -41.2%

    -45.1%

    01/19/2022

    Nike Inc. Class B

    NKE,
    -12.81%
    -12.8%

    -21.9%

    -50.1%

    -53.6%

    11/05/2021

    Seagate Technology Holdings PLC

    STX,
    -2.11%
    -2.1%

    -20.5%

    -52.9%

    -54.8%

    01/05/2022

    PVH Corp.

    PVH,
    -3.55%
    -3.6%

    -20.4%

    -58.0%

    -64.3%

    11/05/2021

    Dish Network Corp. Class A

    DISH,
    -2.19%
    -2.2%

    -20.3%

    -57.4%

    -70.1%

    10/04/2021

    Source: FactSet

    Click on the tickers for more about each company, including developments that led to their share-price declines.

    Click here for Tomi Kilgore’s detailed guide to the wealth of information for free on the MarketWatch quote page.

    FedEx Corp.
    FDX,
    -2.52%

    tops the list because of investors’ harsh reaction to the company’s sales and profit warning on Sept. 16. Claudia Assis and Greg Robb explained the implications of FedEx’s warning for the broad economy.

    Shares of Carnival Corp.
    CCL,
    -23.25%

    fell 23% on Friday (for a September decline of 26%) after the cruise giant again reported sales and earnings below what analysts had expected, even though it reported increasing its capacity usage to 92%.

    Nike Inc.
    NKE,
    -12.81%

    was down 13% on Friday for a September decline of 22%, after the company warned that discounting to clear inventory would continue to affect its earnings performance. Here’s how analysts reacted.

    Adobe Inc.
    ADBE,
    -1.10%

    made the list because of investors’ doubt about its dilutive $20 billion deal to acquire Figma.

    The bulk of CarMax’s
    KMX,
    +1.32%

    drop for the month came on Sept. 29, after the used-car dealer missed sales and earnings estimates and indicated that consumers were beginning to resist high prices.

    Don’t miss: Dividend yields on preferred stocks have soared. This is how to pick the best ones for your portfolio.

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  • Sailor found not guilty of setting fire that destroyed ship

    Sailor found not guilty of setting fire that destroyed ship

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    SAN DIEGO — A Navy judge ruled Friday that a sailor was not guilty of setting a fire that destroyed the USS Bonhomme Richard in San Diego in 2020.

    The ruling came after a nine-day trial at Naval Base San Diego. Ryan Sawyer Mays, who had been charged with arson and the willful hazarding of a ship, let out a deep breath, put both hands on the defense table, broke into sobs and began hugging supporters.

    “Seaman Recruit Mays was found not guilty on the charges of willful hazarding of a vessel and aggravated arson. The Navy is committed to upholding the principles of due process and a fair trial,” said Lt. Samuel R. Boyle, spokesman for U.S. 3rd Fleet.

    Prosecutors accused then-19-year-old Mays of igniting cardboard boxes in a lower vehicle storage area to drive home an earlier text to his division officer that the ship was so cluttered with contractors’ stuff it was “hazardous as (expletive).” They contended that Mays was angry and vengeful about failing to become a Navy SEAL and being assigned to deck duty and ignited the ship to send a message.

    There is no physical evidence, however, tying Mays to the fire on the ship, which was docked and undergoing maintenance at that time.

    Outside the courtroom building at Naval Base San Diego, Mays read a brief statement to reporters and declined to answer questions. He did not address his plans.

    “I can say that the past two years have been the hardest two years of my entire life, as a young man,” he said. “I’ve lost time with friends. I’ve lost friends. I’ve lost time with family and my entire Navy career was ruined. I am looking forward to starting over.”

    The prosecution acknowledged that a Navy report last year concluded the fire that destroyed the $1.2 billion amphibious assault ship was preventable and unacceptable and that there were lapses in training, coordination, communications, fire preparedness, equipment maintenance and overall command and control. The failure to extinguish or contain the fire led to temperatures exceeding 1,200 degrees (649 Celsius) in some areas, melting sections of the ship into molten metal that flowed into other parts of the ship.

    More than 20 senior officers and sailor were disciplined in connection with the incident.

    Defense lawyers argued the trial exposed a shoddy probe by government investigators who rushed to judgment and failed to collect evidence showing that the culprit also could have been lithium ion batteries or a sparking forklift instead of arson.

    The prosecution said that investigators found no scientific data to back the theory that batteries or a forklift malfunction sparked the inferno, while testimony from fellow shipmates bolstered the case against Mays along with his own words when he was being escorted in handcuffs and blurted out, according to the sailor escorting him to the brig: “It had to be done. I did it.”

    The defense said Mays, known for being flippant, was being sarcastic after denying doing it more than 150 times during 10 hours of questioning by investigators.

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  • Live Updates: Florida officials fear death toll will rise

    Live Updates: Florida officials fear death toll will rise

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    The Latest on Hurricane Ian:

    Officials in Florida fear the death toll from Hurricane Ian could rise substantially, given the wide swath of the state swamped by the storm.

    After making landfall with some of the highest windspeeds for a hurricane over U.S. territory, the storm flooded areas on both of Florida’s coasts, tore homes from their slabs, demolished beachfront businesses and left more than 2 million people without power. At least nine people have been confirmed dead in the U.S.

    Florida Division of Emergency Management Director Kevin Guthrie said responders have focused so far on “hasty” searches, aimed at emergency rescues and initial assessments, which will be followed by two additional waves of searches.

    He said Friday that the initial responders might detect deaths without confirming them.

    ———

    KEY DEVELOPMENTS:

    — Hurricane Ian heads for Carolinas after pounding Florida

    — In Ian’s wake, worried families crowdsource rescue efforts

    — Woman braves Hurricane Ian flood to check on stranger’s mom

    — After Ian, the effects in southwest Florida are everywhere

    — At a Florida trailer park, survivors speak of Ian’s wrath

    — Find more AP coverage here: https://apnews.com/hub/hurricanes

    ———

    OTHER DEVELOPMENTS:

    CHARLESTON S.C. — Charleston County emergency services were suspended Friday as officials prepared for Hurricane Ian to make landfall on South Carolina’s coast.

    In a tweet, officials said they were pausing response efforts “due to current wind conditions” and would resume service “as soon as it is safe to do so.”

    Charleston police were also restricting access to the city’s Battery area, a spot at the tip of the peninsula that is home to many multi million-dollar, historic homes.

    ———

    TAMPA, Fla. — The Tampa Bay Lightning and team owner Jeff Vinik are donating $2 million toward Hurricane Ian relief efforts.

    The NHL team announced Friday that $1 million each will be donated by the Tampa Bay Lightning Foundation and the Vinik Family Foundation.

    “This is a tragic situation for many families and communities across the state of Florida, but especially so in the southwest region of the state,” Vinik said in a statement released by the team. “In times like these the most important thing we can do is support one another, and we hope this donation will help families recover and rebuild in the months to come.”

    Ian made landfall Wednesday on Florida’s Gulf Coast, south of the Tampa Bay area. The Lightning postponed two home preseason games and moved the club’s training camp to Nashville, Tennessee during the storm.

    ———

    CHARLESTON S.C. — Many areas on Charleston’s downtown peninsula were underwater midday Friday and officials reported widespread power outages across the historic city as Hurricane Ian approached.

    Officials said power had been knocked out across the city as high winds and sheets of rain whipped trees and power lines pending Ian’s expected landfall just up the South Carolina coast.

    The storm’s expected landfall coincided with high tide, a circumstance that was forecast to lead to widespread roadway blockages.

    City officials were out early Friday, clearing storm drains and pumping water away from the historic Battery area along the city’s southern tip, into Charleston Harbor.

    ———

    FORT MYERS, Fla. — Thousands of residents of long-term care facilities in Florida remained displaced by Hurricane Ian.

    Kristen Knapp of the Florida Health Care Association says about 47 nursing homes and 115 assisted living facilities have been evacuated as of Friday, with around 8,000 residents among them.

    While structural damage and flooding were reported at facilities across the storm’s path, Knapp said there have been no reports yet of serious injuries or deaths among those homes’ residents.

    Steve Bahmer of Leading Age Florida, which represents non-profit long-term care facilities, offered a similar assessment, with reports of minor damage, broken windows, downed trees and flooding. He said one facility was hit by a tornado but residents have been able to remain there.

    At least seven people were confirmed dead in Florida — a number that’s likely to increase as officials confirm more deaths and continue searching for people.

    ———

    CHARLESTON, S.C. — The main airport in Charleston, South Carolina, has closed ahead of the expected arrival of Hurricane Ian.

    Officials with the Charleston International Airport said Friday they had shuttered the airport, where airlines had already canceled dozens of fights, and winds reached 40 mph.

    The airport will remained closed until 6 a.m. Saturday.

    South Carolina Gov. Henry McMaster planned a briefing at 12:30 p.m. Friday. Under a federal disaster declaration approved by President Joe Biden, federal emergency aid has been made available to supplement South Carolina’s state, tribal and local response efforts pertaining to the storm, which was expected to make landfall in the state later Friday.

    ———

    CHARLESTON, S.C. — Strong winds were blowing early Friday morning in Charleston, South Carolina, with powerful gusts bending tree branches and sending sprays of the steadily falling rain sideways as Hurricane Ian approached.

    Streets were largely empty, an ordinarily packed morning commute silenced by the advancing storm. Flash flood warnings were posted, with up to 8 inches (20 centimeters) of rain forecast for the Charleston area, and high tide expected just before noon, a circumstance that often floods the downtown peninsula on its own with even moderate rainfall.

    ———

    ST. AUGUSTINE, Fla. — The Florida Highway Patrol says a 37-year-old man and a 30-year-old woman died Thursday afternoon when their car hydroplaned and overturned in a water-filled ditch in north Florida amid Hurricane Ian’s impact on the state.

    An incident report says the driver apparently lost control of the vehicle, which went onto the grassy shoulder before submerging in a water-filled ditch along Cracker Swamp Road in Putnam County, which is southwest of St. Augustine. The area was inundated with rain as Hurricane Ian passed through the state Thursday.

    At least six people were confirmed dead in Florida.

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  • Toyota CEO doubles down on EV strategy amid criticism it’s not moving fast enough

    Toyota CEO doubles down on EV strategy amid criticism it’s not moving fast enough

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    A Toyota bZ4X on display at the New York Auto Show, April 13, 2022.

    Scott Mlyn | CNBC

    LAS VEGAS – Toyota Motor is standing by its electric vehicle strategy, including hybrids like the Prius, following criticism by some investors and environmentalist groups that the company is transitioning too slowly to EVs.

    Toyota CEO Akio Toyoda, who has built a corporate strategy around the idea that EVs aren’t the only solution for automakers to reach carbon neutrality, said Thursday the company will move forward with plans to offer an array of so-called electrified vehicles for the foreseeable future – ranging from hybrids and plug-ins to all-electric and hydrogen electric vehicles.

    “Everything is going to be up to the customers to decide,” he said through a translator during a small media roundtable, a day after addressing the company’s Toyota dealers at their annual conference in Las Vegas.

    Toyoda addressed the need to convince skeptics of the company’s strategy, including government officials focusing regulations on all-electric battery vehicles, saying the automaker will “present the hard facts” about consumer adoption and the entire environmental impact of producing EVs compared with hybrid electrified vehicles.

    Since the Prius launched in 1997, Toyota says it has sold more than 20 million electrified vehicles worldwide. The company says those sales have avoided 160 million tons of CO2 emissions, which is the equivalent to the impact of 5.5 million all-electric battery vehicles.

    Toyoda’s remarks echoed comments he made to thousands of Toyota dealers and employees on Wednesday, saying the company will play “with all the cards in the deck” and offer a wide-array of vehicles for all customers.

    Read more about electric vehicles from CNBC Pro

    “That’s our strategy and we’re sticking to it,” Toyoda, who has described himself as a “car guy or car nerd,” said in a recording of the remarks shown to reporters.

    Toyoda doubled down on company expectations that all-electric vehicle adoption will “take longer to become mainstream” than many think. He said it will be “difficult” to fulfill recent regulations that call for banning traditional vehicles with internal combustion engines by 2035, like California and New York have said they will adopt.

    Toyota executives, while increasing investments in all-electric vehicles, have argued such cars and trucks are one solution, not the solution, to meet tightening global emissions standards and achieve carbon neutrality. Toyota continues to invest in alternative solutions as well as hybrid vehicles such as the Prius, which combine EV technology with traditional internal combustion engines.

    The company has said its strategy is justified, as not all areas of the world will adopt EVs at the same pace due to the high cost of the vehicles as well as a lack of infrastructure.

    Toyota’s strategy has been criticized by environmental groups such as the Sierra Club and Greenpeace, which has ranked the Japanese automaker at the bottom of its auto-industry decarbonization ranking the past two years.

    Toyota plans to invest roughly $70 billion in electrified vehicles, including $35 billion in all-electric battery technologies over the nine years. It plans to offer about 70 electrified models globally by 2025.

    Toyota plans to sell about 3.5 million all-electric vehicles annually by 2030, which would only be around a third of its current annual sales.

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  • White House Announces $8 Billion to Combat Hunger in the U.S.

    White House Announces $8 Billion to Combat Hunger in the U.S.

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    Sept. 29, 2022 — The Biden administration has announced $8 billion in public and private commitments toward fighting hunger and improving nutrition in the United States.

    “This goal is within our reach,” President Biden said Wednesday during the first White House summit on hunger in 50 years. “In America, no child should go to bed hungry. No parent should die of disease that can be prevented.”

    The White House Conference on Hunger, Nutrition and Health comes as food costs are rising, supply chain issues remain from the pandemic, and food-related ailments continue. The administration announced a “bold goal” of ending hunger by 2030 and increasing healthy eating and physical activity.

    Among the key proposals:

    • Expand free school meals to 9 million more children by 2032
    • Allow more people to get food stamps
    • Help with transportation for people who don’t live near grocery stores and farmers markets
    • Increase money for nutrition programs helping seniors
    • Reduce food waste, since a third of all food in the United States goes to waste, the White House says.

    Many of the efforts need congressional approval. Biden can take some action through executive order.

    The Washington Post reported, “The pervasiveness of diet-related diseases creates broader problems for the country, White House officials said, hampering military readiness, workforce productivity, academic achievement and mental health.”

    The newspaper also reported that the U. S. Department of Agriculture says that 10.2% of U.S. households were “food insecure” in 2021. That means they didn’t have enough food to meet everyone’s needs.

    CNN said that more than 100 organizations have committed to help pay for Biden’s initiatives, including hospitals, health care associations, tech companies, philanthropies, and the food industry. 

    At least $2.5 billion will go to start-up companies focused on finding solutions to hunger and food insecurity, according to the White House. 

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  • US woman appears via videolink in UK in fatal accident case

    US woman appears via videolink in UK in fatal accident case

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    LONDON — An American woman who fled the U.K. claiming diplomatic immunity after she was involved in a fatal traffic accident has appeared in a British court via videolink — an apparent breakthrough in the long-deadlocked case.

    Anne Sacoolas, 45, was accompanied by her lawyer during the 6-minute hearing Thursday at Westminster Magistrates Court in London, speaking only to confirm her name. The court granted her unconditional bail and scheduled the next hearing for Oct. 27.

    Sacoolas was charged with causing death by dangerous driving after an August 2019 accident in which 19-year-old Harry Dunn was killed when his motorcycle collided with a car outside RAF Croughton, an air base in eastern England that is used by U.S. forces.

    Sacoolas and her husband, who had been a U.S. intelligence officer at the air base, returned to America days after the accident. The U.S. government invoked diplomatic immunity on her behalf, prompting an outcry in Britain.

    Dunn’s family has met with politicians in the U.K. and the U.S. to demand that Sacoolas face justice in a British court. But American authorities rejected Britain’s extradition request.

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  • Garrett back with Browns, cited for speeding following crash

    Garrett back with Browns, cited for speeding following crash

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    BEREA, Ohio — Cleveland Browns All-Pro Myles Garrett returned to the team’s headquarters Thursday after crashing his car earlier this week when police said he lost control while speeding on a rural road after practice.

    Garrett veered his Porsche off the hilly road near his home a few hours after practice Monday, flipping the vehicle and hitting a fire hydrant. The defensive end suffered a sprained shoulder, strained biceps and had several cuts and bruises from the wreck.

    On Thursday, the Ohio State Highway Patrol cited Garrett for speeding, saying he was going 65 mph in a 45 mph zone.

    According to the accident report, Garrett, who had a female passenger in his car, told an officer he was accelerating up a hill when he saw a vehicle coming in the opposite direction but didn’t make any type of swerving maneuvers to avoid a crash.

    The officer said Garrett couldn’t exactly recall how he went off the road.

    A witness at the scene told the highway patrol “they came over the hill flyin’, went airborne, took the fire hydrant out and rolled three times.”

    Garrett and his 23-year-old passenger were taken to Akron General Hospital for emergency care. The highway patrol said the passenger suffered a minor head injury. They were both released a few hours later.

    Garrett has a history of speeding. He was ticketed on consecutive days in Medina County last year for driving 120 mph. In the second case, he paid a ticket in which the speed was amended to 99 mph in a 70 mph zone.

    Garrett has not yet been ruled out of Sunday’s game at Atlanta. Coach Kevin Stefanski said Garrett would be evaluated by team doctors before he practices or plays. The Browns (2-1) are missing several defensive starters due to injuries as they ready for the Falcons (1-2).

    On Wednesday, Stefanski and several of Garrett’s teammates offered gratitude and relief he was not more seriously injured.

    “Something like that happens, it’s just scary for anybody,” safety John Johnson III said. “But I heard he had his seatbelt on. I don’t know if that helped out or not, but that was good. I’m just glad he came out of there clean.”

    The No. 1 overall pick in 2017, Garrett needs one sack to pass Clay Matthews (62) for the team’s career record.

    The Browns, who had an extended break after beating the Pittsburgh Steelers last Thursday, are dealing with rash of injuries to their defense. Along with Garrett, end Jadeveon Clowney (ankle), cornerback Denzel Ward (back, ribs), linebacker Jeremiah Owusu-Koramoah (groin) and tackle Taven Bryan (hamstring) were also sidelined.

    ———

    More AP NFL: https://apnews.com/hub/nfl and https://twitter.com/AP—NFL

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  • Police: 2 killed, 10 injured in three-car crash in Texas

    Police: 2 killed, 10 injured in three-car crash in Texas

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    UVALDE, TEXAS — A road accident in Texas Wednesday evening killed two people and left 10 injured, police said.

    Authorities in Uvalde said the accident occurred around 6:30 p.m. on Highway 90 near the downtown area of Uvalde, KSAT-TV reported.

    Border Patrol agents reportedly saw a black truck speeding on the highway before crashing into an 18-wheeler and another vehicle.

    The dead and injured were in the passenger truck, said police, who closed the intersection while the Department of Public Safety began an investigation.

    Uvalde was the site of a school shooting on May 24 at Robb Elementary School where a gunman killed two teachers and 19 students with an AR-15-style rifle inside a fourth grade classroom.

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