The Father-Son Duo Revolutionizing Homebuilding

Paolo and Galiano Tiramani founded BOXABL with a disruptive idea: bring factory efficiency to homebuilding. Today, new homes can roll off their assembly lines in ~4 hours - with 700+ built already. Now, they're prepping for Phase 2, combining modules into larger homes and apartments.

Fighter jet landing on USS Harry S. Truman aircraft carrier goes overboard, forcing pilots to eject

JON GAMBRELL
May 07, 2025

DUBAI, United Arab Emirates (AP) -- An F/A-18 fighter jet landing on the USS Harry S. Truman aircraft carrier in the Red Sea went overboard, forcing its two pilots to eject, a defense official told The Associated Press on Wednesday.

The incident Tuesday marks the latest mishap to mar the deployment of the Truman, which has been essential in the airstrike campaign by the United States against Yemen's Houthi rebels.

On Tuesday, U.S. President Donald Trump and Oman's foreign minister both said that a ceasefire had been reached with the Houthis, who would no longer target ships in the Red Sea corridor -- something not immediately acknowledged by the rebels.

Meanwhile, the Houthis continue to assess the damage after daytime Israeli airstrikes targeted Yemen's rebel-held capital of Sanaa.

Landing goes wrong on carrier

The F/A-18 Super Hornet landed on the Truman after a flight, but "the arrestment failed," said the official, who spoke on condition of anonymity because they weren't authorized to speak publicly about the incident now under investigation.

"Arrestment" refers to the hook system used by aircraft landing on carriers, which catches steel wire ropes on the flight deck. It remains unclear what part of the system failed.

The two pilots on board were later rescued by a helicopter and suffered minor injuries in the incident, the official added. No one on the flight deck was hurt.

CNN first reported on the incident.

Tuesday's incident was the latest to see the Navy lose an F/A-18, which cost about $60 million. In April, another F/A-18 fighter jet slipped off the hangar deck of the Truman and fell into the Red Sea. The crew members who were in the pilot seat of the Super Hornet and on the small towing tractor both jumped away.

In December, the guided-missile cruiser USS Gettysburg mistakenly shot down an F/A-18 after ships earlier shot down multiple Houthi drones and an anti-ship cruise missile launched by the rebels. Both aviators in that incident also survived.

And in February, the Truman collided with a merchant vessel near Port Said, Egypt.

The Truman, based out of Norfolk, Virginia, has seen its deployment extended multiple times amid the Houthi airstrike campaign. It had been joined recently by the USS Carl Vinson aircraft carrier operating out of the Arabian Sea.

Rebels survey Sanaa's devastated airport

The Israeli attack on Tuesday that targeted Sanaa International Airport devastated the airfield. Khaled al-Shaif, the head of the airport, told the Houthis' al-Masirah satellite news channel that the Israeli strike destroyed the airport's terminal and left craters in its runway.

At least six passenger planes were struck, including three belonging to Yemenia Airways, the country's flag-carrying airline, he said. That leaves the airline with only one functional aircraft, which was spared only because it had left earlier in the day on a flight to Amman, Jordan. He put overall damage there at $500 million.

With the damage, the airport was now out of service, al-Shaif said.

Houthi attacks on shipping

The Houthis had been waging persistent missile and drone attacks against commercial and military ships in the region in what the group's leadership has described as an effort to end Israel's offensive against Hamas in the Gaza Strip.

From November 2023 until January 2025, the Houthis targeted more than 100 merchant vessels with missiles and drones, sinking two of them and killing four sailors. That has greatly reduced the flow of trade through the Red Sea corridor, which typically sees $1 trillion of goods move through it annually.

The Houthis paused attacks in a self-imposed ceasefire until the U.S. launched a broad assault against the rebels in mid-March.

Continue Reading...

Popular

Trump Supports Arrest Of California Governor Gavin Newsom As US Deploys 700 Marines To Los Angeles

700 Marines deployed to LA in response to protests against Trump's immigration policies. CA files lawsuit, Newsom calls it a serious breach of state sovereignty. The President supported the arrest of California's governor.

Elon Musk's Bombshell About Donald Trump in Epstein Docs: Here's the Truth Behind the Claim

Elon Musk's claim regarding President Trump's connection to the undisclosed Jeffrey Epstein files has ignited a political uproar.

Gold Just Hit Another Record. This Junior Could Be Next. - Ad

This copper junior was the smallest company invited to a top global mining conference. With nearly 1B pounds CuEq and 50,000m of funded drilling, this story won't stay quiet for long.

Why This Stock Tripled In The Last 3 Months

Investors have gobbled up this transformation story. The company's shares have tripled over the last three months.

A Better Hedge Than Gold? - Ad

While the whole world is piling into gold as a hedge... White House documents reveal Trump is betting big on a completely under-the-radar resource. This little-known resource is minting 1,600 millionaires every single day... And investors have a rare opportunity to take advantage before everyone else catches on.

Trump's 'Numbskull' Insult Comes Back To Bite—In Record Time

Oil prices surged after Israel's airstrikes on Iran, reigniting inflation fears and complicating Trump's push for rate cuts. Powell's caution now seems more justified.

Why BlackRock is Hoarding 6X More Bitcoin Than Miners Produce - Ad

A Bitcoin supply shock is building. Institutions and ETFs are buying faster than miners can keep up - creating a shortage most investors haven't noticed. If Bitcoin hits $300K, altcoins could explode 1,000%+. We wrote Crypto Revolution to help you prepare.

Warren Buffett Makes Over $2.2 Million A Day From This Stock

Warren Buffett's Berkshire Hathaway is set to earn $816 million in Coca-Cola dividends in 2025.

How high will Bitcoin go in 2025? - Ad

A new coin is emerging in the crypto bull market. Investing now could be like buying Bitcoin in 2013. Before it took off. Or scooping up Ethereum in 2017.. before it soared.

JPMorgan, Bank of America, and TD Bank Warn of Data Breaches Impacting Customer Information, Is Your Account Safe?

Several customers' critical information has been compromised, leading to data breach alerts issued by JPMorgan Chase, Bank of America, and TD Bank.

Must-See: Elon's New "Space" Device - Ad

Tech legend Jeff Brown predicts this "space technology" will be Elon Musk's next trillion-dollar business, and it will make a lot of people rich. This could be the biggest internet innovation since the first web browser Netscape kicked off the internet boom in the late 1990s.

Embed-Chart-China-Critical Minerals, ADVISORY

CHINA-CRITICAL MINERALS — Chart. This AP digital embed chart shows the share of several critical minerals dominated by China in global supply chains. China has spent decades building the world’s main industrial chain for mining and processing such materials, which are used in many industries such as electronics, advanced manufacturing, defense and health care. This chart is current as of June 10, 2025, and will not update. Source: IEA.

How To Build a Home in Nearly 4 Hours - Ad

The U.S. is short 2.3M homes, making affordable, efficient housing critical. BOXABL brought assembly lines to construction, building homes in hours, not months. With 700+ built and one of America's largest homebuilders as an investor and partner, they're growing fast.

Southwest's New Battery Policy In Spotlight After A Smoking Battery Charger Diverts Flight

A Southwest Airlines flight diverted to South Carolina after a passenger's battery pack started smoking days after new portable charger policy

Study finds little agreement between Republicans and Democrats on media sources they trust

A new survey that probes the level of trust Democrats and Republicans have for finds the business-oriented publications Forbes and The Wall Street Journal share an unusual distinction: They're the only two of 30 news sources that sympathizers for both parties told the Pew Research Center they're more likely to trust than distrust.

Former Zillow Execs Target $1.3T Market - Ad

One co-founded Zillow. The other sold his company to Zillow for $120M. Now they're transforming a $1.3T market via co-ownership. Pacaso's already earned $110M+ in gross profit and reserved the Nasdaq ticker PCSO.

Lambda Legal, a nonprofit supporting LGBTQ+ rights, exceeded fundraising goal by $105M

NEW YORK (AP) — The nonprofit legal aid group Lambda Legal, which advocates for LGBTQ+ rights, has raised $285 million at a time when have again intensified

ABC's Terry Moran is suspended following his social media post calling Trump and Miller haters

NEW YORK (AP) — ABC News has suspended correspondent Terry Moran for calling Trump administration deputy chief of staff a “world class hater” in a since-deleted social media post.

How to Hack a $1.3T Market - Ad

Forget concrete. The new foundation for real estate success is digital, and Pacaso leads the way. Their tech unlocks a $1.3T real estate market. They've already earned $110M+ in gross profits in their operating history and reserved the Nasdaq ticker PCSO.

Cathie Wood Dumps $1.8 Million In Coinbase Stock As Bitcoin Nears $110K All-Time High

On Monday, Cathie Wood-led Ark Invest made a notable move by selling shares of Coinbase Global Inc. (NASDAQ:COIN) across its ETFs.

Truck units of Toyota and Daimler reach merger deal, first announced two years ago

TOKYO (AP) — The truck divisions of Japan’s Toyota and Daimler of Germany have agreed to merge to form “a new strong Japanese truck powerhouse” to work together in vehicle development, procurement and production.

Is Elon's Empire Crumbling? - Ad

Jeff Brown - the legend who called Tesla and Nvidia early - says Elon is about to launch a $25T AI revolution. This isn't another chatbot. It's real-world AI that could 14X the impact of ChatGPT. But after July 23rd, it may be too late.

What's Going On With MasterCard Shares Today?

Mastercard inc. (NYSE: MA) shares are trading lower Friday after a report revealed that major retailers like Walmart and Amazon are exploring the creation of their own stablecoins.

Death toll in Indian plane crash climbs to 270 as search teams find more bodies

AHMEDABAD, India (AP) — Search and recovery teams continued scouring the site of one of India’s worst aviation disasters for a third day after the Air India flight fell from the sky and killed at least 270 people in Gujarat state, officials said Saturday.

The Father-Son Duo Revolutionizing Homebuilding - Ad

Paolo and Galiano Tiramani founded BOXABL with a disruptive idea: bring factory efficiency to homebuilding. Today, new homes can roll off their assembly lines in ~4 hours - with 700+ built already. Now, they're prepping for Phase 2, combining modules into larger homes and apartments.

MongoDB Is Poised To 'Emerge As A Winner In The AI Revolution': Analysts

Shares of MongoDB rallied in early trading on Thursday, after the company Wednesday reported upbeat fiscal first-quarter results.

Musk vs. Trump: Tesla Slashes Cybertruck Prices After Feud Heats Up, Here's How Much You Need To Pay for It Now

In the wake of the public disagreement between Elon Musk and President Trump, Tesla has declared significant price reductions for its Cybertruck model.

Gold Just Hit Another Record. This Junior Could Be Next. - Ad

This copper junior was the smallest company invited to a top global mining conference. With nearly 1B pounds CuEq and 50,000m of funded drilling, this story won't stay quiet for long.

Gen Z Feels Judged For Their Money Decisions And Half Faults Schools For Budget Blowups, Finds Poll

Gen Z struggles with money as 2/3 face criticism for spending and 50% blame schools. Parents help but long-term prospects look good for wealthiest generation ever.

Inflation data threatened by government hiring freeze as tariffs loom

WASHINGTON (AP) — The Labor Department has cut back on the inflation data it collects because of the Trump administration's , raising concerns among economists about the quality of the inflation figures just as they are being closely watched for the impact of tariffs.

A Better Hedge Than Gold? - Ad

While the whole world is piling into gold as a hedge... White House documents reveal Trump is betting big on a completely under-the-radar resource. This little-known resource is minting 1,600 millionaires every single day... And investors have a rare opportunity to take advantage before everyone else catches on.

AMD Acquires Another Company To Expand AI Arsenal

AMD acquired Brium, a team of AI experts, to enhance its open-source software ecosystem for optimized AI solutions. Financial terms undisclosed.

Circle's Flagship Stablecoin USDC Set For Rapid Growth, Analyst Says Regulatory Climate Key

Circle stock surges as analyst initiates coverage with Buy rating and $235 price target, predicting growth in stablecoin adoption, stablecoin market cap, and Circle's revenue and EPS by 2026.

Why BlackRock is Hoarding 6X More Bitcoin Than Miners Produce - Ad

A Bitcoin supply shock is building. Institutions and ETFs are buying faster than miners can keep up - creating a shortage most investors haven't noticed. If Bitcoin hits $300K, altcoins could explode 1,000%+. We wrote Crypto Revolution to help you prepare.

What's Going On With Carvana Shares Today?

Carvana Inc. (NYSE: CVNA) shares are trading lower Friday following a wave of bearish options activity and a significant insider sale.

Trending Now

Information, charts or examples are for illustration and educational purposes only and not for individualized investment management This message contains commercial elements, such as advertising. We only send these offers to those who have opted in to our newsletter. Past performance is not indicative of future results. For these reasons we strongly suggest trading in a DEMO/Simulated account. The information provided by us is for educational and informational purposes only. We make no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended and have not determined if the statements and opinions of the advertiser are accurate, correct or truthful. If you use, act upon or make decisions in reliance on information contained or any external source linked within it, you do so at your own peril and agree to hold us, our officers, directors, shareholders, affiliates and agents without fault.

Copyright activatrade.ca
Privacy Policy | Terms of Service