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Three people are dead and several more are critically injured after a bus returning from a church summer camp overturned outside Indianapolis. NBC's Lester Holt reports.
By Tracy Jarrett, NBC News
Three people are dead and several more are critically injured after a bus returning from a church summer camp overturned in Indianapolis, officials said.
Thirty-seven passengers were on the bus when it overturned, entrapping five people, the Indianapolis Fire Department said on its Twitter feed. A large diesel spill resulted and HazMat crews responded to the scene, they said.
Six passengers were treated and released on the scene.
An Indiana Fire Department spokesman said 28 passengers were taken to area hospitals: 10 to?Riley Hospital for Children; one to Wishard Memorial Hospital; nine to?Indiana University Methodist Hospital; two to St. Vincent Pharma Center; and six to Community North Hospital.?
WTHR
The passengers were reported to be from the Colonial Hills Baptist Church, which is in Indianapolis, according to its website.
"Please be in prayer for our church family as we look to the Lord for grace during the teen bus accident today," the church said in a statement posted on Facebook. "Details will be released at a later time, but prayers are our greatest need right now."
Three injured passengers were taken to St. Vincent Pharma Center in Indianapolis, spokesman Johnny Smith confirmed to NBC News.
All patients have been transported from the scene, the Indianapolis Fire Department said on its Twitter feed.
WTHR
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Rosa Golijan / NBC News
A Samsung Galaxy S4, right, with the older Galaxy S3 behind it.
The second quarter of 2013 brought more good news for Samsung but less so for Apple, at least as far as smartphone sales go. But the year isn't over yet ? in fact, the toughest fight is yet to come.
Tracking firm IDC's numbers on global smartphone shipments for April through June show huge growth: about 238 million units were shipped, an increase of more than 50 percent over the same period last year.
Samsung continues its domination, shipping about 72 million devices, many of those from its flagship Galaxy S line of phones. The series has sold in record numbers around the world, owing to a huge list of futuristic features and top-of-the-line hardware. That said, Juniper Research reports that demand for the highest-end phones has slackened as budget buyers make the switch to Android and go for more inexpensive handsets.
Apple, despite selling 20 percent more iPhones this quarter (about 31 million) than in 2012's Q2, actually sold fewer of them than it did in the first three months of this year. This had the effect of making the company's share of the smartphone market drop, from 18 percent in March to 14 percent now.
Juniper Research suggests this is because Apple issued a rare confirmation that it is announcing "amazing new products" this fall, among which is likely to be a new iPhone and potentially a wearable "iWatch" device.
Motorola, which hasn't figured in smartphone sales essentially since its 2011 merger with Google, is also preparing for what may be its biggest launch ever: the assembled-in-the-U.S. Moto X. The much-leaked mid-range Android phone is widely expected to move quite a few units.
So while Samsung and a few others have their big products for the year already in the wild, Apple and Motorola are just getting started, especially as they gear up for the all-important holiday season.
The smaller (and once mighty) phone makers have had mixed success: Nokia posted moderate growth, though it, too, has big plans for later this year. LG, Lenovo, ZTE, and other Asian manufacturers have seen their modest numbers go up, but they're still bit players. And BlackBerry (as it is now known, rather than Research In Motion) appears to have disappointed again, despite its BB10 devices receiving a warm critical welcome.
We'll keep an eye on the news and numbers; the real battle for dominance will be at the end of 2013, not the beginning.
Devin Coldewey is a contributing writer for NBC News Digital. His personal website is coldewey.cc.
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ISTANBUL (Reuters) - Turkish Prime Minister Tayyip Erdogan on Friday threatened to sue the Times of London for publishing an open letter by a group of celebrities, academics and others criticizing his handling of anti-government protests.
Sean Penn, Susan Sarandon and Ben Kingsley were among those who signed the letter that accused Erdogan's government this week of "dictatorial rule" and of causing the deaths of five protesters who died after clashes with police.
"The press wants to throw mud to see if it sticks. The Times is renting out its own pages for money," Erdogan told reporters in comments broadcast live by NTV channel. "This is the Times' failing. We will pursue legal channels regarding the Times."
Protesters demanded Erdogan resign as they staged the country's fiercest anti-government demonstrations in decades in Istanbul, Ankara and other major cities beginning in late May.
Many accused Erdogan of adopting an authoritarian tilt or greater religious conservatism after his Islamist-rooted AK Party won the last three elections, increasing its share of the vote each time.
Erdogan has dismissed the protesters as "looters" and "terrorists" and accused foreign governments and media outlets of stoking the civil disturbances.
Erdogan said the signatories of the letter, taken out as an full-page advertisement in the Times, had "rented out their thoughts" and did not genuinely support democracy.
"If they truly believed in democracy, they couldn't have displayed such a lack of character to call the leader of a party that won 50 percent of the vote a dictator," Erdogan said.
The letter also accused Erdogan of undermining the principles of a free press for jailing dozens of journalists in recent years.
The Times had no immediate comment on Erdogan's remarks.
(Reporting by Ayla Jean Yackley in Istanbul and Peter Griffiths in London; Editing by Sonya Hepinstall)
Source: http://news.yahoo.com/turkeys-erdogan-threatens-sue-times-publishing-critical-letter-210758133.html
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Jadeveon Clowney did not break any NCAA rules or accept any impermissible benefits from Jay-Z when he spoke to him recently about possibly joining Roc Nation Sports after the upcoming college football season. At least, that's what the University of South Carolina found out when they conducted a quick investigation into Clowney's relationship with Jay-Z after reports emerged earlier this week about Roc Nation Sports' interest in signing Clowney in 2014. Late yesterday, they put out this handwritten note to clear Clowney of any wrongdoing and to point out that his contact with Jay-Z did not violate any NCAA rules:
It's a little weird that USC Athletic Director Steve Fink made the announcement through a note. It's also a little weird that USC sped through the investigation process in less than a week. But at least they looked into it themselves rather than allowing the NCAA to get involved right away. And if nothing else, that should help Clowney stay eligible for the 2013 college football season. Stay tuned to see if the NCAA decides to get involved in the investigation at some point in the near future.
RELATED: The 50 Most Brutal Hits in NFL History
[via ESPN]
Source: http://www.complex.com/sports/2013/07/jadeveon-clowney-did-not-violate-ncaa-rules-jay-z
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Trader David O'Day. left, works with specialist Mark Fitzgerald on the floor of the New York Stock Exchange Monday, July 22, 2013. Chinese stocks fell Wednesday July 24, 2013 after a survey showed the country's manufacturing fell to its lowest point in nearly a year, though other Asian markets bounced back to finish higher after the report. (AP Photo/Richard Drew)
Trader David O'Day. left, works with specialist Mark Fitzgerald on the floor of the New York Stock Exchange Monday, July 22, 2013. Chinese stocks fell Wednesday July 24, 2013 after a survey showed the country's manufacturing fell to its lowest point in nearly a year, though other Asian markets bounced back to finish higher after the report. (AP Photo/Richard Drew)
NEW YORK (AP) ? A gloomy outlook from Caterpillar, the world's largest construction equipment company, tugged the stock market lower in midday trading Wednesday.
Caterpillar said its earnings fell 43 percent in the second quarter as China's economy slowed and commodity prices sank. The company also warned of slowing revenue and profit, and its stock dropped $1.37, or 1.6 percent, to $84.16.
Apple led a rise in technology stocks after it beat analysts' estimates for quarterly earnings and revenue. The company reported late Tuesday that it shipped more iPhones in the latest quarter and also announced plans to introduce new products in the fall. Apple jumped $20.60, or 5 percent, to $439.65.
Outside of technology stocks, the broader market edged down. Utilities led eight of the 10 industry groups in the S&P 500 lower.
Shortly after noon, the Dow Jones industrial average was down 31 points, or 0.2 percent, to 15,535.
The Standard & Poor's 500 index was down four points, or 0.2 percent, at 1,688. The technology-heavy Nasdaq composite index climbed 16 points, or 0.5 percent, to 3,596.
Despite some high-profile earnings misses, the overall picture for corporate profits has looked good for the second quarter. More than six out of every 10 companies have turned in earnings that beat Wall Street's estimates, according to S&P Capital IQ.
"Yes, they're beating expectations, but expectations are so low," said Brad McMillan, chief investment officer at Commonwealth Financial. Outside of banks, earnings don't look so good, he said. "You can't call this a blowout quarter so far."
Analysts forecast that second-quarter earnings for companies in the S&P 500 increased 3.9 percent over the same period last year. But they expect revenue to shrink 0.7 percent.
Among other stocks making big moves, AT&T fell 82 cents, or 2.3 percent, to $34.98. AT&T's profits fell in the latest quarter as costs surged. The company's coffers were drained by smartphone sales, which it subsidizes in the hope of making money back over the life of two-year contracts.
In Europe, a broad gauge of economic activity reached the highest level since January 2012, sending stock markets in Germany and France higher. Financial information company Markit said Wednesday that its monthly purchasing managers' index for the countries that use the euro currency increased for the fourth month running.
France's CAC 40 rose 1 percent and Germany's DAX rose 0.8 percent.
The report out of Europe pushed prices for U.S. government bonds down and their yields up. The yield on the 10-year Treasury note rose to 2.58 percent from 2.51 percent late Tuesday.
Signs of economic strength usually lead traders to sell Treasurys, considered one of the safest places in the world to park cash.
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