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Flights at major US airports delayed after cable cut by construction workers

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A view of the tarmac at LaGuardia Airport in New York City

Hundreds of flights have been delayed at major airports in the US after construction workers accidentally cut a cable needed for air traffic control.

Ground stops and delays were issued on Monday afternoon for airports in New York, Pennsylvania, New Jersey and Massachusetts.

Hours later, US Transportation Secretary Sean Duffy said the cable had been repaired and airports would resume normal operations, though delays were still expected.

The major east coast disruption came ahead of the UN General Assembly (UNGA) in New York City on Tuesday, which is expected to be attended by scores of world leaders arriving into New York-area airports.

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That includes UK Prime Minister Andy Burnham, who managed to board his flight before the delays began and was expected to arrive on time.

The delays happened after the damaged cable impacted the Terminal Radar Approach Control system, which is used to guide planes during takeoff and landing, transport officials said.

New Jersey public transportation agency NJ Transit told CBS News, the BBC’s US partner, that its construction workers had accidentally severed the line and that markers had been wrongly placed at the digging site.

The BBC has reached out to NJ Transit for comment.

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Duffy earlier said the damage was caused by workers from Amtrak, the US national operator of intercity railroad service, who were doing the construction work. This “caused a telecom outage” which forced the Federal Aviation Administration (FAA) to ground flights, Duffy posted on X.

An Amtrak spokesperson said in a statement, reported by US media, that the incident involved a NJ Transit contractor. Telecommunications company Verizon, which owns the cable, also said it was not responsible.

The severed cable was actually a backup network, and the error was only discovered after the primary circuit failed, according to the head of the FAA, Bryan Bedford.

Newark Liberty International Airport in New Jersey – one of the three major airports that services New York City – was the most heavily impacted by today’s air traffic control disruptions, according to flight-tracking website FlightAware.

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It reported that 267 departing flights were delayed today, while a further 257 flights destined for Newark were also delayed.

John F Kennedy International Airport and LaGuardia Airport, both in New York, were also affected, as was Philadelphia International Airport.

One passenger, Douglas Tewnion, said he boarded a flight to New York from Edinburgh and that his plane had been diverted to Boston, Massachusetts instead.

He told the BBC that, two hours after his flight was due into New York, he and the other passengers were still “sitting on the same plane, on the tarmac at Boston with no information”.

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Though “everyone is in good spirits”, Tewnion said “it’s just a pain” to see two more hours waiting added onto a lengthy flight.

Additional reporting by Ione Wells

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Vietnam leader To Lam says positive negotiations with US on trade deal

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Vietnam leader To Lam says positive negotiations with US on trade deal

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Varmora Granito raises Rs 212 crore from anchor investors ahead of Rs 708 crore IPO

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Varmora Granito raises Rs 212 crore from anchor investors ahead of Rs 708 crore IPO
New Delhi: Varmora Granito on Monday raised ₹212.4 crore from anchor investors, including Goldman Sachs and ICICI Prudential Mutual Fund, a day ahead of the opening of its ₹708-crore IPO.

Read more: Landmark NSE IPO threatens to hollow out Dalal Street’s shadow market

The company allotted 1.43 crore equity shares to 17 funds at ₹148 apiece. Other participants included Bandhan Mutual Fund, India Acorn Fund, Turnaround Opportunities Fund, Motilal Oswal Mutual Fund, JM Financial Mutual Fund, Bharti AXA Life Insurance Company, Societe Generale and BNP Paribas Financial Markets.

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Robust Economic Foundations to Sustain Vietnam’s Lead in ASEAN Growth Rankings

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Thailand Business News

Maybank forecasts Vietnam’s GDP growth at 7.8% (2026) and 7.9% (2027), leading ASEAN. Growth driven by AI-related exports, foreign investment, and infrastructure spending. Maybank maintains VN-Index target of 2,000, citing FTSE upgrade, strong EPS growth, and resilient fundamentals despite global uncertainties, per Invest ASEAN 2026 findings.

Key Points

  • Maybank forecasts Vietnam’s GDP growth at 7.8% (2026) and 7.9% (2027), making it ASEAN’s fastest-growing economy, driven by electronics exports, FDI, and infrastructure spending.
  • Maybank keeps its VN-Index target at 2,000, expecting 13–16% EPS growth in 2026, supported by the FTSE emerging market upgrade and strong sector performance in banking, retail, and energy.
  • Other forecasts vary: AMRO cut 2026 GDP to 7.2%, OECD projects 6.5%, while UOB notes resilience despite rising energy costs and external pressures.

Vietnam’s Growth Outlook

Maybank forecasts Vietnam’s GDP growth at 7.8% in 2026 and 7.9% in 2027, positioning it as ASEAN’s fastest-growing major economy. This resilience persists despite global uncertainties.

Growth will be driven by AI-related electronics exports, strong foreign investment inflows, and continued infrastructure spending. The second half of 2026 outlook remains favorable, supported by higher-quality overseas funding, supply chain diversification, major infrastructure projects, and supportive fiscal and monetary policies—reinforcing Vietnam’s structural growth momentum amid a challenging global backdrop.

Earnings and Equity Market Outlook

Second-quarter market earnings are expected to slightly exceed expectations, with banks, retail, and energy sectors outperforming due to lower provisions, stronger electronics prices, and elevated oil prices. Real estate, steel, and air logistics should align with forecasts, while fertilisers and chemicals may underperform due to falling urea prices.

Maybank remains bullish on Vietnamese equities, maintaining a VN-Index target of 2,000, supported by 13–16% EPS growth in 2026. The upcoming FTSE emerging market upgrade in September is seen as a key catalyst, favoring infrastructure, energy, and financial sectors.

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Investor Engagement and Comparative Forecasts

The findings were unveiled at Invest ASEAN 2026, hosted by Maybank in Singapore, drawing 200 institutional investors managing $23 trillion in assets. Vietnam had the largest representation, with 14 companies spanning banking, tech, consumer, healthcare, and renewable energy sectors—highlighting strong investor interest in the country’s growth story. Maybank Investment Bank Vietnam’s CEO, Kim Thien Quang, emphasized Vietnam’s resilient economic appeal amid global complexity.

In contrast, other institutions offer more conservative estimates: AMRO revised its 2026 forecast down to 7.2%, the OECD projects 6.5% growth, and UOB notes resilience despite cost pressures from rising energy prices and external headwinds—suggesting cautious optimism across forecasts while affirming Vietnam’s continued economic strength.

Source : Strong fundamentals to keep Vietnam at the top of ASEAN growth rankings

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Simply Good Foods: Too Tasty To Ignore, Even With Its Problems (NASDAQ:SMPL)

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Cereal bar whole grain healthy eating sweet dessert fresh delicious gourmet food background on the table rustic food top view copy space keto and paleo diet vegan and vegetarian food

This article was written by

Daniel is an avid and active professional investor.
He runs Crude Value Insights, a value-oriented newsletter aimed at analyzing the cash flows and assessing the value of companies in the oil and gas space. His primary focus is on finding businesses that are trading at a significant discount to their intrinsic value by employing a combination of Benjamin Graham’s investment philosophy and a contrarian approach to the market and the securities therein. Learn more.

Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha’s Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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Tracking David Einhorn's Greenlight Capital Portfolio – Q2 2026 Update

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Tracking David Einhorn's Greenlight Capital Portfolio - Q4 2025 Update

Tracking David Einhorn's Greenlight Capital Portfolio – Q2 2026 Update

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Binance faces U.S. probe over potential Iran sanctions violations- Bloomberg

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Binance faces U.S. probe over potential Iran sanctions violations- Bloomberg

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A Long-Term Framework for Stronger Local Visibility

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A Long-Term Framework for Stronger Local Visibility

That route includes the query a customer uses, the page they land on, the information they see, and the way the business handles the lead. When those pieces are planned together, SEO becomes easier to measure and improve.

Decide Which Services Matter Most

Trust also affects priority services. A visitor may arrive from a perfectly targeted search and still leave if the page does not answer basic questions. Accurate contact details, clear service information, genuine proof, transparent next steps and a professional mobile experience all help reduce hesitation. Search marketing creates the opportunity to be considered; the website and follow-up process determine whether that opportunity becomes an enquiry.

Map Search Intent to the Right Pages

The next step with intent-to-page mapping should be proportionate to the evidence. If data is limited, use a controlled test rather than a major rebuild. If the pattern is repeated and costly, a larger change may be justified. This approach protects budget and learning at the same time. It also makes it easier to document decisions so future reviews start from facts instead of memory.

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For SEO, this discipline is particularly valuable because changes can take time to show their full effect. Pages should be improved with a clear purpose, then given enough time to collect meaningful evidence. Technical fixes, stronger service content, better internal linking and useful local information can reinforce one another when they are planned as a system rather than as isolated tasks.

Build Surrey Relevance Without Keyword Stuffing

A practical way to handle local Surrey relevance is to make the workflow visible. Write down the current position, the change being considered, the reason for that change and the result that would count as an improvement. This creates a clean before-and-after comparison. It also prevents teams from making several changes together and later guessing which one helped. The method is simple, but it creates much better learning over time.

Improve Service Pages Before Publishing More

Consistency is important when working on service-page optimisation. A useful review does not need to be complicated, but it should happen on a predictable schedule. Check the same core measures, note unusual changes and decide whether action is needed. This reduces reactive decisions based on a single good or bad day. It also helps the business distinguish a genuine trend from normal variation in search demand.

Keep Technical SEO Quietly Reliable

Trust also affects technical reliability. A visitor may arrive from a perfectly targeted search and still leave if the page does not answer basic questions. Accurate contact details, clear service information, genuine proof, transparent next steps and a professional mobile experience all help reduce hesitation. Search marketing creates the opportunity to be considered; the website and follow-up process determine whether that opportunity becomes an enquiry.

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Organic search also benefits from maintenance. A page that performed well a year ago may contain outdated information, weak calls to action or internal links that no longer reflect the site structure. Reviewing established pages can be more productive than publishing new content simply to increase volume. Quality and relevance should determine what stays, what is improved and what is consolidated.

Use Internal Links to Guide People and Crawlers

The next step with internal linking should be proportionate to the evidence. If data is limited, use a controlled test rather than a major rebuild. If the pattern is repeated and costly, a larger change may be justified. This approach protects budget and learning at the same time. It also makes it easier to document decisions so future reviews start from facts instead of memory.

Create Content Around Real Customer Questions

A practical way to handle customer-led content is to make the workflow visible. Write down the current position, the change being considered, the reason for that change and the result that would count as an improvement. This creates a clean before-and-after comparison. It also prevents teams from making several changes together and later guessing which one helped. The method is simple, but it creates much better learning over time.

Strengthen Local Trust and Business Signals

Consistency is important when working on local trust. A useful review does not need to be complicated, but it should happen on a predictable schedule. Check the same core measures, note unusual changes and decide whether action is needed. This reduces reactive decisions based on a single good or bad day. It also helps the business distinguish a genuine trend from normal variation in search demand.

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For SEO, this discipline is particularly valuable because changes can take time to show their full effect. Pages should be improved with a clear purpose, then given enough time to collect meaningful evidence. Technical fixes, stronger service content, better internal linking and useful local information can reinforce one another when they are planned as a system rather than as isolated tasks.

Measure Organic Leads by Quality

Trust also affects organic lead quality. A visitor may arrive from a perfectly targeted search and still leave if the page does not answer basic questions. Accurate contact details, clear service information, genuine proof, transparent next steps and a professional mobile experience all help reduce hesitation. Search marketing creates the opportunity to be considered; the website and follow-up process determine whether that opportunity becomes an enquiry.

Use Competitor Research to Spot Missed Topics

The next step with content gaps should be proportionate to the evidence. If data is limited, use a controlled test rather than a major rebuild. If the pattern is repeated and costly, a larger change may be justified. This approach protects budget and learning at the same time. It also makes it easier to document decisions so future reviews start from facts instead of memory.

Choose an SEO Partner With Clear Ownership

A practical way to handle agency ownership is to make the workflow visible. Write down the current position, the change being considered, the reason for that change and the result that would count as an improvement. This creates a clean before-and-after comparison. It also prevents teams from making several changes together and later guessing which one helped. The method is simple, but it creates much better learning over time.

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Organic search also benefits from maintenance. A page that performed well a year ago may contain outdated information, weak calls to action or internal links that no longer reflect the site structure. Reviewing established pages can be more productive than publishing new content simply to increase volume. Quality and relevance should determine what stays, what is improved and what is consolidated.

Compound Progress Through Regular Reviews

Consistency is important when working on compounding reviews. A useful review does not need to be complicated, but it should happen on a predictable schedule. Check the same core measures, note unusual changes and decide whether action is needed. This reduces reactive decisions based on a single good or bad day. It also helps the business distinguish a genuine trend from normal variation in search demand.

Choosing External Support

When a business reaches the point where external expertise would save time or improve consistency, it may review SEO agency Surrey and Optisearch alongside other suitable options. The comparison should be practical rather than promotional. Ask what is included, who owns each action, how performance is measured, which assets the client retains access to, and what happens when the data suggests the original plan needs to change.

Final Thoughts

No single optimisation creates a durable search programme on its own. Results usually improve because the business keeps strengthening the same fundamentals: relevance, clarity, measurement, trust and follow-up. A consistent review cycle helps teams see what is working, stop what is wasting effort, and invest more confidently in the areas that produce useful demand.

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What UK Founders Take On Each Year

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What UK Founders Take On Each Year

The item that matters most is Form 5472, an information return the IRS expects every year from a foreign-owned US company, even one that owes no US tax at all. Miss it and the stated penalty is 25,000 dollars. Almost everything else on the calendar is routine by comparison.

That imbalance is why so many British owners are caught out. Forming the company takes days and feels like the hard part. The obligation with real teeth arrives months later, sends no reminder, and sits in a set of IRS regulations most founders never read.

Why Form 5472 sits at the centre of the year

A US LLC with one owner is, by default, a disregarded entity for US federal tax purposes. It files no income tax return of its own, which is where the misunderstanding starts. Since the rules on foreign-owned disregarded entities were tightened, the IRS has required these companies to file a pro forma Form 1120 with Form 5472 attached, by the due date of that Form 1120, including extensions. For a company on the calendar year, that points to mid-April unless an extension is requested.

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Form 5472 does not calculate tax. It reports transactions between the company and its owner: capital introduced, money withdrawn, loans in either direction, payments for services. The IRS instructions are blunt about the consequences. The 25,000 dollar penalty applies to a return that is not filed when due, and a substantially incomplete return counts as not filed. The same penalty covers a failure to keep the records the regulations require.

Nothing about this resembles the UK experience. Companies House sends reminders, and HMRC letters arrive with dates on them. A US LLC owned from Manchester or Leeds gets no equivalent prompt. The founder has to own the date.

A year on the calendar

Formation month. The articles are filed with the chosen state, a registered agent is appointed to receive legal and official mail there, and a US business address is arranged. Wyoming is a common choice for owners abroad because it levies no state income tax and does not require members’ names in its articles of organization.

The weeks after formation. The company needs an Employer Identification Number. The IRS online application is only open when the responsible party has a Social Security Number or an ITIN and the principal place of business is in the US. Owners outside the US apply by phone, fax or post using Form SS-4 instead, which takes considerably longer. Start this immediately, because banks and payment platforms ask for the EIN letter before anything else.

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Throughout the year. Keep a ledger of every movement of money between you and the company. Each one is a potential Form 5472 entry, and reconstructing them in March from mixed accounts is where incomplete returns come from.

Spring. The pro forma Form 1120 and Form 5472 are due together. The IRS instructions give foreign-owned disregarded entities their own filing directions, including a dedicated mailing address, so check the current instructions each year rather than repeating last year’s routine.

Once a year, on the state’s schedule. The state annual report and the registered agent renewal both come round every year, on dates set by the state and the agent rather than by the IRS. They are modest, but a lapse can cost the company its good standing.

Whenever something changes. A new mailing address, a new business location or a new responsible party is reported to the IRS on Form 8822-B. A change of responsible party must be reported within 60 days.

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What changes on the UK side, and what does not

Owning a US LLC does not move anyone’s tax residence. A UK resident remains a UK resident, and how HMRC treats the LLC’s profits, together with any relief for tax paid elsewhere, is a question for an adviser who works across both systems. The answer is not automatic, and it depends on the facts of the business. What a founder can do is keep the US and UK records reconcilable from the first transaction, so that whoever prepares either return is working from the same numbers.

It also helps to be clear about what the US company is for. It earns its place when the customers, platforms or payment rails a business depends on are American. It adds cost and administration without much benefit when the revenue is British or European.

Who keeps the calendar

Entrepreneurial time is finite, and none of these tasks grows the business. Founders who enjoy administration keep the calendar themselves and use a tax preparer for the annual return. Many split the work: a US business formation service handles the state filing, registered agent, business address and the EIN application for owners without a Social Security Number, and an accountant with cross-border experience signs off the federal return. CORPBOLT is one provider that works this way for owners based outside the US, leaving the tax judgement with the tax professional where it belongs.

Whichever route you choose, write the dates down on the day the company is formed. The founders who get into difficulty are rarely the ones who misunderstood the rules. They are the ones who assumed a quiet inbox meant nothing was due.

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Novo Nordisk A/S (NOVO:CA) Analyst/Investor Day Transcript

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OneWater Marine Inc. (ONEW) Q1 2026 Earnings Call Transcript