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5 Signs That Augur the Fall of the Bull

A look at reliable indicators that the bear market is ascendant

(Newser) - After reaching a high in mid-July, the Dow has taken a sharp downturn. But how do you know when the bloom is off the rose? Here are Money magazine's five signs that usually precede a fall:
  1. Sudden surge in oil prices
  2. Treasury yields run up

Luxury Cars Flunk Damage Tests
Luxury Cars Flunk
Damage Tests

Luxury Cars Flunk Damage Tests

Weak bumpers, expensive parts drive up costs of repairing high-end vehicles

(Newser) - Luxury cars will rack up exorbitantly expensive damage after even low-speed impacts, a federal safety report says. Insurance Institute for Highway Safety numbers out today show that 11 high-end vehicles, including Mercedes-Benz, Audi, and Nissan models, have bumpers that are too weak and impact absorbers that don't extend far enough—...

Brake Failure, Pilot Panic in Brazilian Jet

Frantic cockpit transcripts point to mechanical error in crash that killed 200

(Newser) - Panicked pilots of a doomed Brazilian plane are heard struggling to control the aircraft speeding down a rain-slicked runway in transcripts  of a cockpit tape released yesterday. "Slow down! Turn, turn, turn!" screams the co-pilot. "I can't," says the pilot. "Oh my God! Oh my...

Pilots Killed at Two Air Shows
Pilots Killed at Two Air Shows

Pilots Killed at Two Air Shows

One collided with another plane, the other crashed doing loop-the-loop

(Newser) - A stunt pilot doing loop-the-loops at a Dayton air show was killed in a crash today, just a day after another pilot died in a Oshkosh, WI, air show. The stunt pilot  was flying one of two  S2S biplanes when he crashed at the end of the runway, before thousands...

Phoenix News Choppers Collide
Phoenix News Choppers Collide

Phoenix News Choppers Collide

(Newser) - Television reporters had to focus on their own yesterday, after a pair of news choppers from different stations collided over a Phoenix park, killing two pilots and two photographers. Both choppers were sending live footage of a police chase involving a stolen truck. "There was a huge boom,"...

Train Derails in Ukraine, Releasing Toxic Cloud

Accident evokes Chernobyl, but officials downplay danger

(Newser) - A freight train derailed in western Ukraine, releasing a toxic cloud of yellow phosphorus and igniting fears of another Chernobyl nuclear disaster, the AP reports. Twenty people were poisoned and hospitalized, and more than 800 were evacuated from their homes. Rescuers had to extinguish a fire that created a gas...

Taliban Shoots Down NATO Chinook
Taliban Shoots Down NATO Chinook

Taliban Shoots Down NATO Chinook

At least 7 dead in Afghan region still controlled by guerrillas

(Newser) - Taliban fighters shot down a NATO Chinook helicopter in Afghanistan yesterday, killing all 7 on board, including five Americans. Guerrillas then ambushed rescuers attempting to reach the crash. The attack occurred in Helmand Province, a region of Afghanistan known for opium poppy cultivation and a strong Taliban presence, according to...

Ex-Boxing Champ Dies in Crash
Ex-Boxing Champ Dies in Crash

Ex-Boxing Champ Dies in Crash

(Newser) - Diego "Chico" Corrales, a former boxing world champion, died last night in a Las Vegas motorcycle crash. Two years to the day before his death at 29, Corrales unified lightweight titles with a come-from-behind knockout of Jose Luis Castillo. "That fight with Jose Luis Castillo will be remembered...

Kenya Airways Flight Crashes in Cameroon

Dropped off the radar shortly after takeoff; 114 aboard

(Newser) - A Kenya Airways plane with 114 aboard has disappeared and is believed to have crashed in southern Cameroon. The Kenyan Standard reports that the plane sent out an automated distress signal five minutes after takeoff, and villagers near the suspected crash site say they heard an explosion.

In Pittsburgh, the Crash Lingers
In Pittsburgh,
the Crash Lingers

In Pittsburgh, the Crash Lingers

Injuries were not all to the Steelers' quarterback

(Newser) - Eleven months ago, Ben Roethlisberger was nearly killed in a motorcycle collision. Now, ESPN takes a look at the people who's lives were changed that day: the quarterback who wasn't wearing a helmet, the surgeon who became an overnight celebrity, the 62-year-old driver who failed to yield and learned...

Pilot Killed in S.C. Blue Angel Crash

First crash of elite Navy flyers since 1999

(Newser) - Navy Lt. Cmdr. Kevin Davis crashed his F/A-18 Hornet jet fighter today during an air show in Beaufort, SC where he and five other members of the Blue Angel demonstration team were flying. The crash took the pilot’s life and also injured eight people on the ground.

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