Fatality Reported In ‘Chaotic’ West Point Military Vehicle Crash

At least one person was killed and several more were injured when a military vehicle carrying 20 cadets and three active duty soldiers overturned in West Point, New York, according to reports.

The U.S. Military Academy in West Point issued an alert after 8 a.m. confirming an “accident in the vicinity of the Camp Natural Bridge training site.” ABC News reported that at least one person was killed when a five-ton cargo truck ― called a light medium tactical vehicle ― overturned.

NBC New York reported that one cadet had been airlifted from the crash site, and as many as five others were transported to a hospital with minor injuries.

The cause of the crash wasn’t immediately clear.

West Point public affairs described the situation as “chaotic” to ABC.

The fatal crash comes on the 75th anniversary of D-Day, the Allied invasion of Normandy during World War II.

Apple Recalls Three-Prong Wall Plug Adapters

Technology giant Apple Inc. (AAPL) recalled three-prong wall plug adapters due to risk of electric shock. The wall plug is part of Apple AC world travel adapter kits.

The company noted that the three-prong wall plug can break and expose the metal portion of the adapter that might result in electric shock. There were six reports of electrical shock from the product, all outside U.S., but no reports of incidents or injuries from U.S. consumers.

Apple has sold 814 thousand units and 81 thousand were sold in Canada. The product was manufactured in China and imported by Apple.

The world travel kit, sold at Apple stores, home electronics stores as well as online site, contain both three-prong and two prong alternate current wall plug adapters that suit various electrical outlets across the globe.

Apple said it has redesigned the three-prong adapters and the new one comes with white and gray on the inside portion, while the recalled one was in white with no letters on the inside slot.

The U.S. Consumer Product Safety Commission said consumers can contact Apple at 800-275-2273 or can visit their website link at the bottom of the page.

In May, Investors Chose the Field Instead of High Yield

This article was originally published on ETFTrends.com.

The month of May no doubt elicited risk-off actions by investors as $19 billion went out of equity exchange-traded funds (ETFs) and into safe haven areas like fixed income. However, if the fixed income space was separated into high yield and the field, investors opted for the latter as high yield ETFs saw the most […]

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Firm to reapply for hotly contested natural gas pipeline

An Oklahoma company says it will reapply to build a hotly contested pipeline that would carry natural gas from Pennsylvania through New Jersey, and under a bay and the ocean to New York.

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Tulsa-based Williams Companies says it will reapply for key environmental permits that were rejected Wednesday night by New Jersey regulators.

The New Jersey Department of Environmental Protection rejected the permits without prejudice, meaning the company can reapply.

Thursday morning, the company said it would do that.

Williams says the pipeline is necessary to ensure adequate heating and energy for the New York region.

Environmentalists oppose it, saying it will damage Raritan Bay by stirring up tons of contaminated particles now resting on the bottom and covered by sand.

U.S. Treasury to sell $78 bln in notes, bonds

NEW YORK, June 6 (Reuters) – For details of the U.S. Treasury’s auction of 3-year, 10-year, 30-year securities next week, see:

3-year notes:

here

10-year reopened notes:

here

30-year reopened bonds: here

Axe body spray defends LGBTQ pride on Twitter

You may remember the scent of Axe from some middle school dances and awkward teenage dates, but the popular body spray and wash brand made waves online for something entirely different: The brand came out in defense of Pride and LGBTQ rights in a Twitter exchange that went viral Wednesday.

The body spray’s endorsement of LGBT rights comes after a Twitter joke that listed out possible candidates for Straight Pride parade floats, which was proposed to take place later this summer. A “giant AXE body spray” was first on the list.

“We’ll be at the parade that matters and this one isn’t it,” tweeted Axe in response to that tweet.

“Good to know you don’t support straight people. How very uninclusive and intolerant of you,” one Twitter user replied to Axe’s stand. “I’m glad, because I think @Axe smells like garbage.”

Gay rights are human rights but go off jill

The brand replied: “Gay rights are human rights but go off jill.”

Unilever, Axe’s parent company, announced last month that Axe will partner with the charity Anti-Violence Project at this year’s WorldPride, set to take place in New York City in honor of the 50th anniversary of the Stonewall riots. The Anti-Violence Project offers counseling and support to LGBT victims of hate crimes and violence.

Earlier this week, the notorious body spray announced that it teamed up with Microsoft for an Xbox-branded body wash, available only in Australia.

US trade deficit shrinks to $50.8 billion in April, but gap with China rises

US trade deficit shrinks to $50.8 billion in April, but gap with China rises.

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German factory orders rise in April in positive sign

German factory orders rose for the second month in a row during April, a positive sign for Europe's biggest economy at a time of global trade uncertainty.

The Federal Statistical Office said Thursday that industrial orders rose 0.3% in April over March, after adjusting for seasonal and calendar factors. It also revised March's increase to 0.8% from a preliminary 0.6%.

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However, on an annual basis, orders were down 5.3%, a clear indicator of the slowdown in global trade growth.

ING economist Carsten Brzeski said the report is overall good news, but that the "strong numbers only marginally offset the losses of the first months."

He said it will "still take a while" before Germany's important industrial sector returns as a powerful growth engine for the whole economy.