
Delta flight forced to make emergency landing on remote island
The Airbus A330, operating as Delta Flight 127, was headed from Madrid to New York's John F. Kennedy International Airport on Sunday when it made an emergency landing at Lajes Airport on Terceira Island.
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The island is in the Azores, which is an autonomous region of Portugal consisting of nine volcanic islands.
'As safety comes before all else at Delta, the flight crew followed procedures to divert to Lajes, Azores (TER) after indication of a mechanical issue with an engine,' Delta said in a statement to FOX Business. 'The flight landed safely, and we sincerely apologize to our customers for their experience and delay in their travels.'
There were 282 passengers and 13 crew members on board, all of whom deplaned at the airport in Terceira.
Passengers and crew were given accommodations overnight in area hotels and were provided meals.
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Passengers were placed on another plane the following day, which arrived in New York late Monday evening.
4 The Airbus A330 was headed from Madrid to New York's John F. Kennedy International Airport on Sunday when it made an emergency landing.
NurPhoto via Getty Images
4 There were 282 passengers and 13 crew members on board, all of whom deplaned at the airport in Terceira.
Andreia – stock.adobe.com
4 Passengers were placed on another plane the following day, which arrived in New York late Monday evening.
Valter – stock.adobe.com
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The carrier's maintenance technicians are in the midst of conducting work on the aircraft.
Delta is also reaching out to affected customers directly to apologize for the experience and offer compensation.
The incident comes amid heightened scrutiny of the aviation industry, which has experienced several close calls and crashes since the beginning of 2025.
4 Transportation Secretary Sean Duffy said that aviation is still the 'safest mode of transportation in the country.'
Aaron Schwartz – Pool via CNP / MEGA
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By mid-February, there had already been four major incidents.
Still, Transportation Secretary Sean Duffy said in an interview with FOX Business that aviation is still the 'safest mode of transportation in the country.'
'You can't travel anywhere safer than on an airplane,' Duffy said in an interview. 'We're working our hearts out to make sure everything is safe, more air traffic controllers and we have a better air traffic control system, new investments, and again it's going to take us time to undo what wasn't done over the last four years.'
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To date, PEP's initiatives to turn around the snacking business have disappointed with tracked channel trends remaining under pressure, and with more time elapsing from shelf resets and price portioning and pack size adjustments (to lower absolute price points), if the company doesn't begin to show signs of improving trends near term (i.e., getting less bad against easing comparisons) there could be a need for more meaningful investment." The maker of Nutella and Ferrero Rocher, Ferrero, is reportedly close to finalizing a deal to acquire WK Kellogg Co. (KLG) for a roughly $3 billion dollar price tag, per the WSJ. The stock soared in after-hours trading following the report, up over 50%. As of Wednesday's market close, the company had a market cap of roughly $1.5 billion. The cereal maker, behind brands like Froot Loops and Frosted Flakes, has been under pressure lately as consumers crave less breakfast food. Over the course of four weeks, ending June 29, cereal category sales fell 1.8% "in line with the trend from recent months," Stifel analyst Matthew Smith wrote in a note to clients. For WK Kellogg in particular, dollar sales were down 5.7% in that same time frame. It could get even worse when compared to the highs of the pandemic, per Smith. He said that "cereal sales had been running down -1.5% or so, we believe the volumes are likely to continue to move towards the historical decline rate." "The category is holding in and it's shifting ... we will shift with it," CEO Gary Pilnick told investors on its recent earnings call, "as consumers are looking for value, they're looking for health and wellness... No matter what the combination is, the cereal category is a tremendous destination for those consumers." WK Kellogg did not respond to a request for comment. 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Yahoo Finance UK's LaToya Harding reports: The FTSE 100 (^FTSE) hit a new all-time high on Thursday morning, while European stocks also advanced. The German Dax (^GDAXI) also touched a record, as traders shrugged off the threat of Donald Trump's escalating trade wars. The US president confirmed overnight that a 50% copper tariff will come into place on 1 August, and announced a 50% tariff on goods from Brazil. ... The Brazilian Real weakened by 2.29% against the US dollar on the back of the news, its biggest decline since 4 April, but mining stocks rallied in London, signalling that investors are not concerned about the new tariffs. ... Read more on UK and Europe markets here. Here are some top stocks trending on Yahoo Finance in premarket trading: Freeport-McMoRan (FCX) shares rose over 3% before the bell on Thursday after President Trump said he would impose 50% tariffs on copper. Southern Copper Corporation (SCCO) stock was also up almost 4% in premarket trading following Trump's announcement that he would hit copper imports with a 50% tariff. Ultragenyx Pharmaceutical Inc. (RARE) stock surged over 20% after announcing that the US FDA had granted Breakthrough Therapy Designation for GTX-102 as a treatment for Angelman syndrome. Dollar Tree (DLTR) rose 2% before the bell following the news that that its board authorized a $2.5 billion share buyback plan. Some analyst calls that caught my eye this morning as the Street preps for yet another earnings season. Advanced Micro Devices (AMD) HSBC analyst Ryan Mellor drops an upgrade on AMD (AMD) to Buy. Says Mellor: "Turning bullish on new product pipeline. We now believe there could be significant upside to FY26 estimated AI revenue as our revised forecast of USD15.1 billion is now 57% above consensus forecasts of USD9.6 billion driven by a higher-than-expected pricing premium of its recent MI350 series launch. We are also encouraged by its MI400 rack architecture (to be launched in 2026) but it remains too early to quantify. Hence, we now expect that upside to FY26 estimated AI revenue will lead to higher re-rating to AMD that is not fully priced in by the market despite the 14% share price rally post its AI day event (12 June). PepsiCo (PEP) JP Morgan analyst Andrea Teixeira is cautious on PepsiCo (PEP) going into its July 17 earnings report. Says Teixeira"We believe expectations are for another soft quarter for PEP as consumption trends in the U.S. deteriorated in the quarter for both PFNA and PBNA segments, while International should remain relatively solid with some puts and takes. We don't envision a substantial change to underlying guidance at this point following the cut to EPS with 1Q25 and a low enough bar for OSG, although USD softening could provide some relief to reported results. To date, PEP's initiatives to turn around the snacking business have disappointed with tracked channel trends remaining under pressure, and with more time elapsing from shelf resets and price portioning and pack size adjustments (to lower absolute price points), if the company doesn't begin to show signs of improving trends near term (i.e., getting less bad against easing comparisons) there could be a need for more meaningful investment." The maker of Nutella and Ferrero Rocher, Ferrero, is reportedly close to finalizing a deal to acquire WK Kellogg Co. (KLG) for a roughly $3 billion dollar price tag, per the WSJ. The stock soared in after-hours trading following the report, up over 50%. As of Wednesday's market close, the company had a market cap of roughly $1.5 billion. The cereal maker, behind brands like Froot Loops and Frosted Flakes, has been under pressure lately as consumers crave less breakfast food. Over the course of four weeks, ending June 29, cereal category sales fell 1.8% "in line with the trend from recent months," Stifel analyst Matthew Smith wrote in a note to clients. For WK Kellogg in particular, dollar sales were down 5.7% in that same time frame. It could get even worse when compared to the highs of the pandemic, per Smith. He said that "cereal sales had been running down -1.5% or so, we believe the volumes are likely to continue to move towards the historical decline rate." "The category is holding in and it's shifting ... we will shift with it," CEO Gary Pilnick told investors on its recent earnings call, "as consumers are looking for value, they're looking for health and wellness... No matter what the combination is, the cereal category is a tremendous destination for those consumers." WK Kellogg did not respond to a request for comment.