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Month: April 2025

Wall Street sees a big early gain of 4% vanish as uncertainty reigns about Trump’s tariffs

Wall Street sees a big early gain of 4% vanish as uncertainty reigns about Trump’s tariffs

By STAN CHOE, AP Business Writer

NEW YORK (AP) — The U.S. stock market is careening through a second straight day of stunning swings Tuesday as uncertainty continues to reign about what whether President Donald Trump will ease up on his trade war, which is scheduled to kick into a higher gear after midnight.

After roaring to an early gain of 4.1%, which put it on track for its best day in years, the S&P 500 quickly lost all of it within a few hours. It was virtually flat in afternoon trading after bouncing between modest gains and losses.

The Dow Jones Industrial Average was up 158 points, or 0.4%, after giving up most of its earlier surge of 1,460 points, while the Nasdaq composite was down 0.2%, as of 1:25 p.m. Eastern time.

Stocks globally had rallied earlier in the day, with indexes up 6% in Tokyo, 2.5% in Paris and 1.6% in Shanghai. But even after those jumps, analysts had been warning to expect more swings up and down for financial markets not only in the days ahead but also the hours. read more

Kids under 16 will no longer be allowed to livestream on Instagram without parental consent

Kids under 16 will no longer be allowed to livestream on Instagram without parental consent

LONDON (AP) — Instagram users under 16 won’t be able to livestream or unblur nudity in direct messages they’ve received without parental approval, owner Meta Platforms said Tuesday as it widened its safety measures for teenagers.

The social media company also said it was extending safeguards for users under 18 to Facebook and Messenger.

Meta launched its teen account program for Instagram in September to give parents more options to supervise their children’s online activity amid a growing backlash against how social media affects the lives of young people.

The latest changes will roll out first to users in the United States, Britain, Canada and Australia, before going out to global users in the following months.

Under the changes, teens under 16 are blocked from using Instagram Live unless parents give permission. They also need permission to “turn off our feature that blurs images containing suspected nudity” in direct messages, Meta said in a blog post.

In another major update, Meta said it’s extending the teen account safeguards to its Facebook and Messenger platforms, read more

Disney’s Animal Kingdom: Baby giraffe takes first look around savanna

Disney’s Animal Kingdom: Baby giraffe takes first look around savanna

Tucker, the newborn giraffe at Disney’s Animal Kingdom, has made his public debut on the theme park’s savanna, mingling with other creatures and having new experiences, including puddle splashing.

The calf, born Feb. 13, joined his mother and other giraffes for a first stroll Monday. Park visitors may spot him as they ride through the Kilimanjaro Safaris attraction at Walt Disney World. He’s the short one, relatively speaking, now standing at about 6 feet tall.

Day One was about exploration.

“We want him to see the whole savanna. We want him to see the barriers and everything,” said Jenn Hernandez, animal care manager. “I always laugh when they see elephants for the first time because it’s like watching TV for them. They’re like, ‘What is this?’”

Tucker, the baby Masai giraffe born at Disney's Animal Kingdom on Feb. 13, pokes his head out from behind a palm tree as he makes his debut in the park's Harambe Wildlife Reserve, with mom Mara and other members of the herd, Monday, April 7, 2025. Tucker is the first giraffe calf born at Walt Disney World since 2021. (Joe Burbank/Orlando Sentinel)
Tucker pokes his head out from behind a palm tree as he makes his public debut at Disney’s Animal Kingdom theme park. (Joe Burbank/Orlando Sentinel)

He’s also learning from other giraffes where their food is stashed and how to get back to the barn. After a bit of wandering, the group moved toward a gate on the edge of the savanna.

“This is actually something we do want to see … that he knows where to go back home,” Hernandez said. read more

Leesburg moratorium would stop residential rezoning, annexation until 2027

Leesburg moratorium would stop residential rezoning, annexation until 2027

Being on the doorstep of the nation’s largest and fastest-growing retirement community has made Leesburg a magnet for new residential development. But city leaders say it’s been too much of a good thing, and now they’re considering a pause on all residential rezonings and annexations in the city until 2027.

The City Council will vote April 14 on a moratorium that could halt even projects that were submitted ahead of the meeting, according to a report in GrowthSpotter. The moratorium would pause virtually all new residential projects from later this month until January 1, 2027, a period of over 20 months. It would not apply to land that is already designated for residential uses — only to projects that require a comprehensive plan amendment and rezoning.

As justification for the drastic measure, the city points to a surplus of 30,000 undeveloped, approved single-family residential lots within the city limits. Rather than promote more residential zoning, Leesburg hopes to spur more robust commercial offerings. read more

Pictures: MSC World America arrives to Miami

Pictures: MSC World America arrives to Miami

MIAMI BEACH — The MSC World America, the largest ship in the MSC Cruises fleet, arrived to Miami on Monday ahead of a christening ceremony this week.

The massive vessel sailed up into Government Cut just after sunrise into the turn basin and pulled alongside MSC’s new terminal at PortMiami.

The 22-deck, 6,762-passenger ship weighs 216,638 gross tons, making it just shy of Royal Caribbean’s Oasis-class vessels.

The ship will be christened Wednesday and begin year-round regular seven-night Eastern and Western Caribbean itineraries beginning Saturday.