Category Archives: WPTF News

ACC is moving its women’s basketball tournament from Greensboro to the Atlanta area in 2026

ACC is moving its women’s basketball tournament from Greensboro to the Atlanta area in 2026

CHARLOTTE, N.C. (AP) — The Atlantic Coast Conference women’s basketball tournament will move from its longtime home in North Carolina to the Atlanta area in 2026. The tournament will be held at the 13,000-seat Gas South Arena in Duluth, Georgia, which is about 30 miles northeast of downtown Atlanta. The decision to move the event followed an extensive bid process and evaluation by coaches and administrators. The tournament has been played in Greensboro, North Carolina, for 25 of the past 26 seasons.… Continue Reading

Dow drops 1,600 as US stocks lead worldwide sell-off after Trump’s tariffs cause a COVID-like shock

Dow drops 1,600 as US stocks lead worldwide sell-off after Trump’s tariffs cause a COVID-like shock

NEW YORK (AP) — Financial markets around the world reeled following President Donald Trump’s latest and most severe set of tariffs, and the U.S. stock market took the worst of it. The S&P 500 fell 4.8% Thursday, more than other major stock markets. The Dow Jones Industrial Average dropped 1,679 points, and the Nasdaq composite sank 6%. Little was spared as fear flared globally about the potentially toxic mix of weakening economic growth and higher inflation that tariffs can create. Everything from crude oil to Big Tech stocks to the value of the U.S. dollar against other currencies fell. Even gold pulled lower.… Continue Reading

Myanmar earthquake death toll rises to 3,145 as more bodies found

Myanmar earthquake death toll rises to 3,145 as more bodies found

BANGKOK (AP) — The death toll from the earthquake that hit Myanmar nearly a week ago has risen to 3,145 as search and rescue teams find more bodies. State television reported Thursday that the information minister also said that another 4,589 people were injured and 221 are missing. The 7.7 magnitude quake on March 28 had an epicenter near Myanmar’s second-largest city of Mandalay. It brought down thousands of buildings, buckled roads and destroyed bridges. Local media reports of casualties have been much higher than the official figures. The numbers could rise sharply as more details come in.… Continue Reading

Rare greenhouse gas law in NC could get pulled back by GOP legislators

Rare greenhouse gas law in NC could get pulled back by GOP legislators

RALEIGH, N.C. (AP) — North Carolina enacted a rare energy law in the South in 2021 that directed power plant emissions be sharply reduced. But now the state’s GOP-controlled legislature is seeking to repeal a key element in that law. The Senate wants to do away with the requirement to take “all reasonable steps to achieve” reducing carbon dioxide output 70% from 2005 levels by 2030. Bill sponsors say regulators have already delayed the deadline as the law allows and the change would help Duke Energy assemble less expensive power sources now. Bill critics say the interim goal is useful to meet a 2050 carbon neutrality standard that still would be in place.… Continue Reading

Trump announces sweeping new tariffs to promote US manufacturing, risking inflation and trade wars

Trump announces sweeping new tariffs to promote US manufacturing, risking inflation and trade wars

WASHINGTON (AP) — President Donald Trump is imposing a 10% baseline tax on imports from all countries and even higher tariff rates on dozens of nations that run trade surpluses with the United States. It threatens to upend much of the architecture of the global economy and trigger broader trade wars. Trump is declaring a national economic emergency to launch the tariffs, which are expected to produce hundreds of billions in annual revenues. He has promised that factory jobs will return back to the United States as a result of the taxes, but his policies risk a sudden economic slowdown as consumers and businesses could face sharp price hikes on autos, clothes and other goods.… Continue Reading

North Carolina Senate Republicans pick Lee as next majority leader

North Carolina Senate Republicans pick Lee as next majority leader

RALEIGH, N.C. (AP) — The next majority leader of the North Carolina Senate is a top budget-writer who has managed to keep his Senate seat by winning close swing district races. A news release says the Senate Republican Caucus elected Sen. Michael Lee of New Hanover County as majority leader by acclamation on Tuesday. He succeeds outgoing Sen. Paul Newton, who resigned from the Senate last week for a university job. The majority leader is considered a chief lieutenant to the chamber’s No. 1 leader, GOP Senate President Pro Tempore Phil Berger. Lee was first appointed to the Senate in 2014, lost his seat in 2018 but won it back in 2020.… Continue Reading

States sue Trump administration for rescinding billions in health funding

States sue Trump administration for rescinding billions in health funding

Attorneys general and other officials from 23 states and the District of Columbia are suing the Trump administration for its decision to claw back $11 billion that went to public health departments for COVID-19 efforts and addiction and mental health programs. The lawsuit was filed in federal court in Rhode Island on Tuesday. The lawsuit says not paying the rest of the federal money will have a devastating effect on public health. Local and state public health departments are still assessing the impact of the loss of funds.… Continue Reading

Val Kilmer, ‘Top Gun’ and Batman star with an intense approach, dies at 65

Val Kilmer, ‘Top Gun’ and Batman star with an intense approach, dies at 65

LOS ANGELES (AP) — Val Kilmer has died at age 65. The versatile actor played flying ace Iceman opposite Tom Cruise in “Top Gun,” Batman in “Batman Forever” and singer Jim Morrison in the biopic “The Doors.” Kilmer’s daughter says he died Tuesday in Los Angeles from pneumonia. He had been diagnosed with throat cancer in 2014. The Los Angeles-born Kilmer studied acting at the elite Juilliard School and had his big break in the 1985 spy spoof “Top Secret.” He was sometimes regarded as a difficult presence on film sets but said in his memoir that he always put the art first.… Continue Reading

Stock market today: More swerves hit Wall Street as Trump’s “Liberation Day” nears

Stock market today: More swerves hit Wall Street as Trump’s “Liberation Day” nears

NEW YORK (AP) — U.S. stocks swerved through another shaky day of trading, with uncertainty still high about just what President Donald Trump will announce about tariffs on his “Liberation Day.” The S&P 500 rose 0.4% Tuesday after roaring back from an early drop of 1%. The Dow Jones Industrial Average edged down by less than 0.1% after likewise pinging between gains and losses, while the Nasdaq composite added 0.9%. Treasury yields dropped in the bond market after a report said U.S. manufacturing contracted last month. Markets have been shaky in the run-up to Wednesday, when Trump will announce a sweeping set of tariffs.… Continue Reading

Tennessee Valley Authority, the nation’s largest public utility, appoints a new CEO

Tennessee Valley Authority, the nation’s largest public utility, appoints a new CEO

NASHVILLE, Tenn. (AP) — The Tennessee Valley Authority has promoted one of its top executives to CEO as President Donald Trump has begun turning his attention back to the nation’s largest public utility. The utility announced Monday that its board picked Moul as president and chief executive. He replaces Jeff Lyash, who is retiring. Moul has served as TVA’s executive vice president and chief operating officer since 2021. He starts in the new role April 9. The move comes days after Trump removed one of the TVA board members appointed under then-President Joe Biden. Tennessee’s two Republican U.S. senators have criticized the board, saying it’s bogging down a proposed small modular nuclear reactor.… Continue Reading

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