AFN NEWS”
Thursday, May 13, 2021
1) From ABC News, I’m Daria Albinger. Need to fill your car? You may be out of luck, especially if you live in the Southeast, East or mid-Atlantic states, a lot of stations are closed with the Colonial Pipeline. A major supplier to the region shut down for days, but President Biden says that may not be the case for much longer. “I think you’re gonna hear some good news in the next 24 hours, and I think we’ll be getting that under control.” Colonial says it began the process to resume operations on the pipeline about an hour ago.
2) The CDC signing off on the FDA’s decision to allow 12-to-15-year-olds to get Covid-19 vaccine. “At the CDC, the motion passes. That’s a step allowing 12-to-15-year-old Americans to get a Pfizer vaccine. Moderna and Johnson & Johnson likely to follow soon. The White House saying the government will make it easier for those pre and early teens to get their first shots at home and the second somewhere else if they are away to camp. Andy Field, ABC News, Washington.”
3) The White House says President Biden is still hoping to broker peace deal to end the latest fighting between Israel and Hamas. Dozens are dead in the worst outbreak since 2014 war with no resolution in fight.
4) The FAA is headed to the scene of a midair collision in Colorado. The two planes hit in midair about four miles north of Centennial Airport in Arapahoe County. One pilot of a Key Lime Air twine-engine plane reporting any at the problem, the audio from LiveATC.net. “Tower, Key Lime 970 declaring an emergency.” Once on the ground it was clear a huge chunk of the back of that plane is missing apparently taken out in the midair collision with a small Cirrus plane that was seen falling from the sky with a parachute out. Incredibly nobody was injured. Everybody walked away fine. Alex Stone, ABC News.”
5) Wall Street on track for its worst week in six months. A surprising jump in inflation last month, since stocks into a tailspin with the Dow falling more than 600 points. You’re listening to ABC News.
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I’m Charles Payne, and this is the Fox
Business Report.
Stocks ended sharply lower on inflation
concerns after fresh data showed the sharp increasing consumer prices for
April, which rose 4.2% year over year, marking the biggest annual increase in
nearly 13 years while prices rose 8/10 of a percent from the previous month. The
report has investors weighing the possibility that the Fed may have to change
course for interest rates. The Dow falling 682 points for one of its worst days
since last October, the Nasdaq falling 358, S&P 500 down 89. // And share
of Domino’s Pizza ended slightly higher after activist investor Bill
Ackman’s hedge fund Pershing Square revealed a 6% stake in the pizza
chain. // And shares of bankrupt Hertz Global Holdings surged 55% after
the car-rental company unveiled a plan to help it exit Chapter-11 that would
benefit shareholders.
That’s your Fox Business Report. I’m Hilarie Barsky, invested in you.
