
Massive fire in Jacksonville airport's parking garage, over 30 flights delayed
A massive fire broke out in the parking garage of Florida's Jacksonville International Airport on Friday, prompting the authorities to close the facility, The Mirror reported."Due to a fire in the Hourly Garage, the airport is currently closed. JFRD is on-site working the issue. JSO has blocked inbound and outbound road access to the airport. Additional details will be forthcoming soon," the airport authorities posted on X.advertisementVideo of the incident showed a massive blaze that broke out in the multistory parking garage, engulfing several cars parked inside the facility.The cause of the fire was not immediately known. Jacksonville Fire and Rescue crews swung into action and launched an operation to douse the blaze.As a result of the fire and the subsequent closure of the airport, over 30 flights were delayed, the report added. There were no reports of any injuries or casualties in the incident.Meanwhile, several passengers hoping to fly to their destinations on time, made their resentment known with posts on social media."Walking out of Jacksonville Airport and the parking structure is on fire. Tires exploding, but people thought bombs are going off. No bombs just tires," an X user wrote.advertisementJust a month ago, a Delta Air Lines flight was evacuated at Orlando International Airport when one of its engines caught fire. The aircraft, Flight 1213, was preparing to depart from the gate at about 11:15 am on April 21 when the fire began, as reported by the Federal Aviation Administration (FAA).The plane, an Airbus A330, was en route to Hartsfield-Jackson Atlanta International Airport with 282 passengers, 10 flight crew members, and 2 pilots aboard.

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Time of India
3 days ago
- Time of India
Meet Mark Walter: Billionaire investor poised to take control of the iconic LA Lakers sold for $10 billion
Billionaire investor Mark Walter is set to become the new majority owner of the Los Angeles Lakers in a record-breaking $10 billion deal. This is the highest valuation ever for a sports team. Even after the sale, Jeanie Buss will continue as the team's governor, keeping some leadership with the Buss family. Mark Walter is already the main owner of the Los Angeles Dodgers baseball team. He will get the controlling ownership of the Lakers by buying most shares from the Buss family. The Lakers' $10 billion valuation is the biggest in NBA and professional sports history. This huge value partly comes after the Lakers made a big trade for star player Luka Doncic recently. Walter was born in Cedar Rapids, Iowa. He studied at Creighton University and Northwestern. In 2000, Walter co-founded Guggenheim Partners, a private financial services company, as per the report by The Mirror. Guggenheim Partners now manages over $325 billion in assets. Walter is CEO of Guggenheim Partners. Guggenheim works in many fields like asset management, insurance, merchant banking, and more. Investment Walter's investment empire is controlled through TWG Global, a company he co-chairs with Thomas Tull. TWG Global invests in sports, technology, artificial intelligence, finance, insurance, and real estate. TWG recently committed $2.5 billion with Abu Dhabi's Mubadala Capital for a $40 billion AI investment fund, according to the report by The Mirror. Live Events Walter already owns 20% of the Lakers through TWG Global. He is also the owner of the WNBA's Los Angeles Sparks. Walter holds a 12.7% stake in Chelsea Football Club in England's Premier League. He owns part of the Professional Women's Hockey League. Walter has invested in motorsports, including the Cadillac Formula 1 team with Andretti Global and Spire Motorsports. Spire Motorsports plans to start racing in 2026. His estimated net worth is between $6 billion and $12 billion, depending on how his companies are valued, as reported by The Mirror. Sports and tech Walter has invested in insurance firms such as Group 1001 and Delaware Life. He also holds shares in public companies like Carvana. With this Lakers deal, he will shift from being a minority owner to becoming the majority owner. This change could speed up big decisions and changes in the Lakers franchise. Despite the change in ownership, Jeanie Buss will continue to be the team governor. NBA legend Magic Johnson, who owns 2.3% of the Dodgers, publicly supports Walter's new role. Magic Johnson said on social media, "Mark Walter is the best choice and will be the best caretaker of the Laker brand," according to The Mirror. He praised Walter for winning 2 World Series titles and 11 division titles with the Dodgers in 12 years. Magic said Lakers fans should be very happy because Walter is focused on winning and doing things the right way. He also said Jeanie Buss sold to Walter because they both are competitive, caring, and prefer to work quietly behind the scenes. Magic Johnson said he is very excited for Lakers fans worldwide. This deal is not just about money; it shows Walter wants to reshape global sports. Walter's record shows he is willing to invest big money, innovate, and build top teams in many industries. The Lakers' future under Walter's majority ownership will likely follow his bold and ambitious style, as stated by The Mirror. FAQs Q1. Who is buying the LA Lakers ? Billionaire Mark Walter is buying the majority stake in the LA Lakers at a $10 billion valuation. Q2. Will Jeanie Buss still run the Lakers? Yes, Jeanie Buss will remain the team governor even after Mark Walter becomes majority owner. Economic Times WhatsApp channel )


India Today
16-05-2025
- India Today
Massive fire in Jacksonville airport's parking garage, over 30 flights delayed
A massive fire broke out in the parking garage of Florida's Jacksonville International Airport on Friday, prompting the authorities to close the facility, The Mirror reported."Due to a fire in the Hourly Garage, the airport is currently closed. JFRD is on-site working the issue. JSO has blocked inbound and outbound road access to the airport. Additional details will be forthcoming soon," the airport authorities posted on of the incident showed a massive blaze that broke out in the multistory parking garage, engulfing several cars parked inside the cause of the fire was not immediately known. Jacksonville Fire and Rescue crews swung into action and launched an operation to douse the a result of the fire and the subsequent closure of the airport, over 30 flights were delayed, the report added. There were no reports of any injuries or casualties in the several passengers hoping to fly to their destinations on time, made their resentment known with posts on social media."Walking out of Jacksonville Airport and the parking structure is on fire. Tires exploding, but people thought bombs are going off. No bombs just tires," an X user a month ago, a Delta Air Lines flight was evacuated at Orlando International Airport when one of its engines caught fire. The aircraft, Flight 1213, was preparing to depart from the gate at about 11:15 am on April 21 when the fire began, as reported by the Federal Aviation Administration (FAA).The plane, an Airbus A330, was en route to Hartsfield-Jackson Atlanta International Airport with 282 passengers, 10 flight crew members, and 2 pilots aboard.


Economic Times
12-05-2025
- Economic Times
Christian Horner, iconic Principal of the Red Bull Racing team, on the verge of being sacked; here's who could replace him
Christian Horner faces scrutiny at Red Bull Racing. The team's performance in 2025 raises questions about his leadership. Oliver Oakes and Franz Tost are potential replacements. Reports conflict on Horner's job security. Julien Simon-Chautemps suggests Horner's departure wouldn't be surprising. The situation remains fluid in the fast-paced world of Formula 1. Tired of too many ads? Remove Ads Disappointing 2025 Season Sparks Christian Horner's Exit Talks Potential Replacement Candidates Conflicting Reports on Horner's Status Tired of too many ads? Remove Ads Experienced Voices Weigh In FAQs With nearly two decades at the top of Red Bull Racing Christian Horner 's future as team principal is now on the line, as per a after guiding the team to several world championships and presiding over the ascension of Max Verstappen , Red Bull's poor start to the 2025 Formula 1 season has put Horner in the spotlight, according to The may be ousted as soon as this weekend's Emilia Romagna Grand Prix at Imola, reported German outlet two candidates are already lined up to replace him, as per the report. One of the candidates is former Alpine principal Oliver Oakes , who left the team last week after just nine months in charge, as per The Mirror. Another potential contender is Franz Tost , who served as chief of Alpha Taura, now known as Racing Bulls, for three years between 2020 and 2023, according to the according to a Mail Sport report, Horner's position is not currently under ex-F1 race engineer Julien Simon-Chautemps said he wouldn't be surprised if Horner was removed from his position, reported The Mirror. He said, "Nothing is impossible," adding, "He's the longest-standing team principal in the pit lane at the moment. But last year, it was very difficult for him. He was in a very dangerous situation," quoted The also mentioned, "It wouldn't surprise me if Horner left. Formula 1 is a fast-moving environment, and a lot can happen very quickly. We'll have to wait and see," as quoted in the Bull's poor performance in the 2025 season has led to growing pressure on Horner's leadership, as per The Oakes and Franz Tost are two names reportedly being considered.