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☆ Samsung Electronics' operating profit jumps 932.8% in first quarter, beats expectations
▼ + stars: | 2024-04-30 | by ( Sheila Chiang | In Sheilachiang | ) www.cnbc.com time to read: +4 min

Samsung Electronics Co. Galaxy S24 smartphones during a media preview event in Seoul, South Korea, on Monday, Jan. 15, 2024. Here are Samsung's first-quarter results versus LSEG estimates: Revenue: 71.92 trillion Korean won (about $52.3 billion), vs. 71.04 trillion Korean won71.92 trillion Korean won (about $52.3 billion), vs. 71.04 trillion Korean won Operating profit: 6.61 trillion Korean won, vs. 5.94 trillion Korean won Samsung's revenue for the quarter ending March jumped 12.81% from a year ago, while operating profit soared 932.8% in the same period. The figures were in line with the company's guidance earlier this month, where Samsung said operating profit in the January-March quarter likely rose to 6.6 trillion Korean won, up 931% from a year ago. The South Korean electronics giant saw record losses in 2023 as the industry reeled from a post-Covid slump in demand. Operating profit increased to KRW 6.61 trillion as the Memory Business returned to profit by addressing demand for high value-added products," Samsung Electronics said in a statement on Tuesday.

Persons: SeongJoon Cho, SK Kim, Kim, TSMC, Biden Organizations: Samsung Electronics Co, Samsung, Bloomberg, Getty, Samsung Electronics, Memory Business, SK, Daiwa, CNBC, Micron, Citi, —, Japan's Rapidus Corporation Locations: Seoul, South Korea, Korean, Taiwan, Texas, U.S, Asia

☆ Eight newspaper publishers sue Microsoft and OpenAI over copyright infringement
▼ + stars: | 2024-04-30 | by ( Jordan Novet | ) www.cnbc.com time to read: +3 min

Eight U.S. newspaper publishers filed suit against Microsoft and OpenAI in a New York federal court on Tuesday, claiming the technology companies reuse their articles without permission in generative artificial intelligence products and incorrectly attribute inaccurate information to them. The group of eight newspaper publishers takes issue with ChatGPT and Microsoft's Copilot assistant — available in the Windows operating system, the Bing search engine, and other products the software maker produces. The legal challenge comes four months after The New York Times sued OpenAI over copyright infringement in the ChatGPT chatbot that the startup released in late 2022. The New York Times case also touched on the matter of OpenAI models regurgitating information from its articles. Correction: This article has been updated to reflect the correct day the lawsuit against Microsoft and OpenAI was filed.

Persons: Sam Altman, Microsoft's, OpenAI, Axel Springer Organizations: Economic, U.S, Microsoft, Bing, Southern, of, New York Daily News, Chicago Tribune, Orlando Sentinel, Sun Sentinel, The Mercury, The Denver Post, Orange County Register, Pioneer Press of Minnesota, CNBC, New York Times, OpenAI's, Financial, Google Locations: Davos, Switzerland, New York, U.S, of New York, Florida, California, Orange

☆ World’s largest sovereign wealth fund says green backlash is a chance for it to 'phase in' — not out
▼ + stars: | 2024-04-29 | by ( Sam Meredith | In Samuelmeredith | ) www.cnbc.com time to read: +1 min

Norway's $1.6 trillion wealth fund added to its bets in the biggest technology companies last year after interest in artificial intelligence drove a surge in the sector. Norway's $1.6 trillion sovereign wealth fund says it will continue to advocate for investments based on environmental, social and governance (ESG) factors, brushing off the impact of a green political backlash. Analysts expect the outcome of this year's U.S. presidential election to determine whether the pushback against ESG investment strategies will have a deep and lasting effect. Nicolai Tangen, CEO of Norges Bank Investment Management (NBIM), told CNBC that the country's wealth fund continued to advocate for the ESG agenda. So that's important," Tangen told CNBC's "Squawk Box Europe" on April 23.

Persons: Nicolai Tangen, Tangen, CNBC's Organizations: Norges Bank Investment Management, Republican, Democratic, CNBC Locations: Oslo, Norway, United States, U.S

As the busy first-quarter earnings season moves along, several stocks still set to report could be due for big swings. First-quarter earnings have boosted stocks this week, as more than 77% of companies in the S & P 500 have exceeded analysts' expectations, according to FactSet. The S & P 500's year-over-year earnings growth for the first quarter is running at about 5.6%, according to Friday data from LSEG . The names on tap range from big-name AI plays Super Micro Computer and Amazon to health-care giants such as Moderna . Chipmakers Super Micro Computer and Advanced Micro Devices could also see some major moves this week, as they could rise or fall as much as 12.6% and 7.4%, respectively.

Persons: Curtis Nagle, Nagle, Samik Chatterjee, Goldman Sachs, Pinterest Organizations: Dow Jones, Computer, Moderna, CNBC Pro, Bank of America, TikTok, JPMorgan, Super Locations: chipmakers

☆ Supreme Court won't let former Trump aide Peter Navarro out of jail while he appeals sentence
▼ + stars: | 2024-04-29 | by ( Kevin Breuninger | ) www.cnbc.com time to read: +1 min

Former Donald Trump adviser Peter Navarro holds a press conference before turning himself into a federal prison on March 19, 2024, in Miami, Florida. The Supreme Court on Monday denied a request by Peter Navarro, a former advisor to ex-President Donald Trump, to get out of jail while he appeals his four-month sentence for defying a subpoena from the House committee that investigated the Jan. 6 Capitol riot. Navarro claimed that the doctrine of executive privilege shielded him from responding to the subpoena. But much of the information sought by the committee was not covered by executive privilege, and Trump did not assert executive privilege in the first place, noted U.S. Solicitor General Elizabeth Prelogar in a March filing to the Supreme Court.

Persons: Donald Trump, Peter Navarro, Neil Gorsuch, Navarro, Trump's, Joe Biden, Trump, Elizabeth Prelogar Organizations: U.S . Capitol, Supreme Locations: Miami , Florida, Miami, U.S

☆ Disgraced former Congressman George Santos says he's bringing his drag queen alter ego 'out of the closet' on Cameo
▼ + stars: | 2024-04-29 | by ( Joshua Zitser | ) www.businessinsider.com time to read: +4 min

George Santos will be making Cameo videos as his drag persona, Kitara Ravache, he said. After being expelled from Congress, Santos has used Cameo to earn money. AdvertisementDisgraced former Congressman George Santos announced on Monday that he is bringing his drag persona Kitara Ravache "out of the closet" for a limited time. AdvertisementRochard said that she had known Santos as a drag queen and that he'd competed in drag in a beauty pageant as Kitara Ravache in 2008. AdvertisementFollowing his expulsion from Congress, Santos turned to Cameo as a source of income.

Persons: George Santos, Kitara Ravache, Santos, —, Y'all, I've, Roch, "Ru Organizations: Congress, Service, New, Acc, e, eni Locations: y

☆ Misinformation has created an alternative world for some Americans
▼ + stars: | 2024-04-28 | by ( Zachary B. Wolf | ) edition.cnn.com time to read: +10 min

O’SULLIVAN: So much of mainstream American politics now is being infected and affected by what is happening on what was once considered the real fringes — fringe platforms, fringe personalities. O’SULLIVAN: A lot of people got kicked off the major social media platforms after January 6. Because major social media platforms like Facebook have these rules. But I think just overall, in 2016, all the guards were down when it came to social media. And then in 2020 there was a big crackdown from the social media platforms, which got a huge amount of blowback from conservatives.

Persons: CNN —, —, CNN’s Donie O’Sullivan, Trump, Anderson Cooper ”, Joe Biden didn’t, They’ve, they’ve, we’ve, Rachel Powell, “, O'Sullivan, It’s, Joe Black, Donald Trump, O’Sullivan, Black, Joe Biden, it’s, You’re, ”, Tim Alberta, Christiane Amanpour, Caleb Campbell, — he’s, You’ve, you’ve, Elon Musk, WOLF, There’s, she’ll, She’s Organizations: CNN, FBI, Pastors, Facebook, Twitter, Elon, Trump Locations: Colorado, Alberta, West Virginia, Trump

☆ Opinion: Winds of fate confront Trump
▼ + stars: | 2024-04-28 | by ( Richard Galant | ) edition.cnn.com time to read: +19 min

We’re looking back at the strongest, smartest opinion takes of the week from CNN and other outlets. To Trump’s delight, the top court’s session dimmed the chances the federal case will go to trial before the election. (Trump has denied the affairs with Daniels and McDougal and has pleaded not guilty to the hush money charges. Here’s why we should tune in anyway 04:27 - Source: CNNAs SE Cupp noted, “Trump and Biden debated twice in 2020. Chris Pizzello/Invision/APCNN anchor Victor Blackwell is a fervent Beyoncé fan but her foray into country music didn’t initially grab him.

Persons: CNN —, Yabushige, Yoshii, ”, “, Toranaga, Donald Trump’s, Trump, Stormy Daniels, Jack Smith, Steve Vladeck, Neil Gorsuch, ” Clay Jones, immunizing Trump, John Roberts, Roberts, ” Vladeck, Joey Jackson, David Pecker, Pecker’s “, Michael Cohen …, Norm Eisen, George T, Conway III, Jill Filipovic, Melania Trump, Melania, Daniels, McDougal, ” Bill Bramhall, Frida Ghitis, Jonathan Greenblatt, ” “, Rev, Serene Jones, Israel … ”, Julian Zelizer, …, Lyndon Johnson, Hubert Humphrey, Richard Daley, Richard Nixon, Fareed Zakaria, Ian Berlin, I’m, Bill Bramhall, Kara Alaimo, ” Alaimo, “ Trump, Biden, CNN’s Jake Tapper, ABC’s George Stephanopoulos, Chip Bok, Clarissa Wei, Mike Johnson, Sen, John Fetterman of, Johnson, Scott Jennings, it’s, Mark Hannah, “ Biden, ” Biden, Hannah, Deborah Carr, Gerry Turner, Theresa, ’ —, ” Carr, ” Don’t, Terri Gerstein, Hasan Merali, Tess Taylor, Jeff Yang, Dean Obeidallah, Joey Weatherford, Beyoncé, Chris Pizzello, Victor Blackwell, didn’t, ’, Carter, she’s, CNN FlashDocs, Duke Ellington, Sammy Miller, Billy Strayhorn, Ellington, Strayhorn, Michael Ochs, “ Ellington, — Organizations: CNN, Republican, Art Deco New, “, Trump, New, American Media, National Enquirer, Agency, Columbia University , Yale, Defamation League, Hillel, Columbia, Force, Union Theological Seminary, New York City Police Department, Columbia University, Twitter, Facebook, Democratic, Convention, Chicago police, Yale, Real Housewives, Syndicate, Theresa Nist, Nashville’s, Max, Michael Ochs Archives Locations: New York, Washington, Florida, Georgia, Israel, Israeli, Columbia, Gaza, Chicago, Vietnam, Taiwan, China, America, Taipei, ”, Ukraine, John Fetterman of Pennsylvania, Fetterman, Crimea, Los Angeles, Sugar, Harlem

Arm Ukraine With Fanfare and Israel in Secret? That package will pay for billions of dollars of arms flowing to Ukraine, Israel and other nations. As soon as the bill became law, the administration issued new announcements about weapons shipments to Ukraine, but not about transfers to Israel. Press releases about military aid for Ukraine and Israel Since both wars began, the U.S. government has issued at least 126 press statements or updates describing military aid sent to Ukraine and just three describing military aid sent to Israel. Information on maritime support sent to … Ukraine IsraelInformation on air-based weaponry and drones sent to … Ukraine IsraelThere is another distinction worth noting.

Persons: Biden, Jonathan Ernst, Antony Blinken, ”, Josh Paul, Israel —, Ukraine Israel “, Daniel C, it’s, Benjamin Netanyahu Organizations: Reuters, Israel Defense Forces, Israel . Press, U.S . Department of State, U.S . Department of State ; U.S . Department of Defense, Internet, State Department, Defense Department, State and Defense, Washington Post, Ukraine authorizations, Democratic Party, West Bank, White, New York, Facebook Locations: Israel, Ukraine, U.S, U.S . Department of State ;, Ukraine Israel, Gaza, American, Egypt, Russian, Rafah, Lebanon, Iran, Iranian, Syria, United States

☆ How a New Trial for Harvey Weinstein Could Again Test the Legal System
▼ + stars: | 2024-04-27 | by ( Jan Ransom | Hurubie Meko | ) www.nytimes.com time to read: +1 min

As one of Harvey Weinstein’s key accusers took the witness stand during his trial in New York, she broke down in tears, sobbing uncontrollably. Hyperventilating, the woman was ushered out and her piercing screams bellowed out from a back room. The episode was one of many tense moments in the highly publicized, weekslong trial of the former Hollywood titan in 2020. The appeals court ordered a new trial. But the original trial in 2020 against Mr. Weinstein was about much more than one man’s guilt.

Persons: Harvey Weinstein’s, Weinstein Organizations: New, Mr, Prosecutors Locations: New York, Manhattan

☆ 'Nobody's getting wealthy on Social Security,' lawmaker says. The November election may influence the program's future
▼ + stars: | 2024-04-27 | by ( Lorie Konish | ) www.cnbc.com time to read: +4 min

Protect Social Security!" In 1983, when the last major Social Security reforms were enacted, there were no benefit enhancements, Larson argued. Today, annual earnings of up to $168,600 are subject to a 6.2% payroll tax toward Social Security paid by both workers and employers. Larson's plan also calls for closing loopholes that allow wealthy taxpayers to avoid paying Social Security taxes on other income. Larson said the public is well aware that Social Security benefits are theirs and they've paid for them.

Persons: Kean, Dave Kotinsky, Larson, they've, John Larson, Conn, Mark Wilson, Nancy Altman, Drew Ferguson, Ferguson, Jodey Arrington, Charles Blahous, Blahous Organizations: Getty, hasn't, Social Security, Security, Social, Capitol, Democratic, Republican, Republican House, Republicans, George Mason University Locations: Bridgewater , New Jersey, Jan, Georgia, Texas

☆ Opinion | The Constitution Won’t Save Us From Trump
▼ + stars: | 2024-04-26 | by ( Aziz Rana | ) www.nytimes.com time to read: +2 min

On Thursday, the Supreme Court gathered to consider whether Donald Trump, as president, enjoyed immunity from prosecution for attempting to overturn the 2020 election. Even if the justices eventually rule against him, liberals should not celebrate the Constitution as our best bulwark against Mr. Trump. Each of these efforts has been motivated by a worthy desire to hold Mr. Trump accountable for his actions. It is not just that Mr. Trump would never have been president without the Electoral College. Think about why those previous efforts to use the Constitution to hold Mr. Trump accountable failed.

Persons: Donald Trump, Trump, —, Mike Pence Organizations: Supreme, Mr, Electoral Locations: Colorado

☆ Opinion | Trump’s Immunity Case Was Settled More Than 200 Years Ago
▼ + stars: | 2024-04-26 | by ( Jesse Wegman | ) www.nytimes.com time to read: +1 min

This is more or less what Justice Elena Kagan seemed to be wondering during the oral arguments in Donald Trump’s Jan. 6 immunity case at the Supreme Court on Thursday morning. “Wasn’t the whole point that the president was not a monarch and the president was not supposed to be above the law?” she asked. Like her, I had assumed those questions were answered decisively in the affirmative more than 200 years ago. But now, after almost three hours of circuitous debate and bizarre hypotheticals at the Supreme Court, I’m not so sure. And they tried to draw a distinction between official acts, for which a president might have immunity from prosecution, and private acts, for which no immunity would apply.

Persons: Elena Kagan, Donald Trump’s Jan, “, ”, I’m, Trump Organizations: Supreme

covers extremism and political violence for The Times, focusing on the criminal cases involving the Jan. 6 attack on the Capitol and against former President Donald J. Trump.

Persons: Donald J, Trump Organizations: The Times, Capitol

☆ The IPO reopening is real. Just look at Rubrik, the first unicorn to go public in months
▼ + stars: | 2024-04-25 | by ( Bob Pisani | ) www.cnbc.com time to read: +4 min

Last night data security firm Rubrik priced 23.5 million shares at $32, above the price talk of 23 million shares at $28-$31, raising $752 million. Rubrik is the first tech unicorn IPO since last fall. Marex Group, a UK-based financial services company known for its global clearing business, priced 15.4 million shares at $19, the midpoint of the price talk of $18-$21, raising $292 million. Loar Holdings, which makes aerospace and defense components, priced 11 million shares at $28, above the range of $24-$26, raising $308 million. All eyes on Rubrik Rubrik is an important test of the tech IPO market.

Persons: Matt Kennedy, Rubrik, Kennedy, Ingram, Del Organizations: Marex, Nasdaq, Loar Holdings, New York Stock Exchange, Viking Holdings, Arm Holdings, Renaissance Capital, UL, Astera Labs, Forge, Companies, Ingram Micro, Epic Locations: Del Monte

☆ Alphabet set to report first-quarter results after market close
▼ + stars: | 2024-04-25 | by ( Jennifer Elias | ) www.cnbc.com time to read: +4 min

Revenue: $78.59 billion, according to LSEG. : $7.72 billion, according to StreetAccount. Traffic acquisition costs (TAC): $12.74 billion, according to StreetAccount. Wall Street is expecting Alphabet to report a second straight quarter of year-over-year revenue growth in the low teens. CEO Sundar Pichai told employees in January that more job cuts were likely coming in 2024, though he didn't specify at the time which teams would be affected.

Persons: Sundar Pichai, Prabhakar Raghavan, Raghavan, Liz Reid, Meta, Mark Zuckerberg's, Ruth Porat Organizations: Google, TAC, OpenAI, Microsoft, CNBC Locations: Brussels, Belgium, LSEG, StreetAccount

☆ Opinion | You’ve Been Wronged. That Doesn’t Make You Right.
▼ + stars: | 2024-04-25 | by ( Pamela Paul | ) www.nytimes.com time to read: +1 min

No matter who you are or what your politics, whatever your ethnic origin, economic circumstance, family history or mental health status, chances are you have ample reason to be ticked off. If you’re on the left, you have been oppressed, denied, marginalized, silenced, erased, pained, underrepresented, underresourced, traumatized, harmed and hurt. If you’re on the right, you’ve been ignored, overlooked, demeaned, underestimated, shouted down, maligned, caricatured and despised; in Trumpspeak: wronged and betrayed. What was Jan. 6 at heart but a gigantic tantrum by those who felt they’d been cheated and would take back their due, by whatever means necessary? Nor has the urge to leverage powerlessness as a form of power felt quite so universal — more pervasive on the left, if considerably more threatening on the right.

Persons: you’ve, they’d, it’s

☆ A UK destroyer scored the Royal Navy's first missile kill since the Gulf War, when one of its warships pulled off another historic first
▼ + stars: | 2024-04-25 | by ( Jake Epstein | ) www.businessinsider.com time to read: +4 min

Read previewA UK warship on Wednesday shot down a ballistic missile fired by the Houthis in Yemen, marking the Royal Navy's first such kill since the Gulf War more than 30 years ago. AdvertisementA view shows HMS Diamond in the Red Sea on Operation Prosperity Guardian, in this handout image taken on January 6, 2024. Related storiesDuring the Gulf War, the Type 42 destroyer HMS Gloucester used Sea Dart missiles to destroy an Iraqi silkworm anti-ship missile that was targeting an American warship. That engagement marked the first time anti-air missiles successfully destroyed an enemy missile threat during a battle at sea. The HMS Diamond, a UK warship, responds to a Houthi attack on Jan. 9, 2023.

Persons: —, CENTCOM, Diamond, Chris Sellars, Handout, Grant Shapps Organizations: Service, Royal, Viper, Business, US Central Command, Prosperity, REUTERS, The Times, Royal Navy, UK Ministry of Defense, US Navy Locations: Yemen, Gulf, Aden, Gloucester, Iraqi, American, Gulf of Aden

☆ Southwest Quits Four Airports in Cost-Cutting Drive
▼ + stars: | 2024-04-25 | by ( J. Edward Moreno | More About J. Edward Moreno | ) www.nytimes.com time to read: +1 min

Southwest Airlines is ceasing operations at four airports, and reducing flights from others, in an effort to cut costs after its growth plans were curtailed by fewer than expected plane deliveries from Boeing. The airline, which flies only Boeing 737 planes, said on Thursday that delays from the embattled aircraft manufacturer were behind its struggles. Southwest reported a loss of $231 million for the first quarter, worse than analysts expected, sending its share price down 10 percent in early trading. To cut costs because of its curtailed growth plans, Southwest said it would cease operations at four airports from early August: Bellingham International Airport in Washington State, Cozumel International Airport, George Bush Intercontinental Airport in Houston, and Syracuse Hancock International Airport. It would also “significantly restructure” its flights from other airports, most notably by reducing flights at Hartsfield-Jackson Atlanta International Airport and Chicago O’Hare International Airport.

Persons: George Bush Organizations: Airlines, Boeing, Bellingham International Airport, Cozumel International Airport, George, George Bush Intercontinental Airport, Syracuse Hancock International, Hartsfield, Jackson Atlanta International Airport, Chicago O’Hare International, Max, Alaska Airlines Locations: Bellingham, Washington State, Cozumel, Houston

☆ Alphabet's earnings are coming up. Here’s what analysts are looking for
▼ + stars: | 2024-04-25 | by ( Pia Singh | ) www.cnbc.com time to read: +4 min

Google parent Alphabet is set to report earnings after the bell on Thursday, adding to the slate of Big Tech earnings this week. For the first quarter, analysts polled by LSEG are calling for earnings of $1.51 per share on revenue of $78.59 billion. What the Street expects to see: AI, Cloud growth, ad trends Beyond the headline figures, analysts are paying close attention to Alphabet's revenue from the Google Cloud business, YouTube ads and its traffic acquisition costs. The company's ad revenue of $65.52 billion came in lower than analysts' estimates of $65.94 billion, however, according to StreetAccount. With AI, Alphabet is working on both sides of the technology: the innovator and the investor.

Persons: LSEG, that's, Brent Thill, Thill, Maria Ripps, Prabhakar Raghavan, Gemini, Anthropic Organizations: Big Tech, Google, Meta, Jefferies, Capital, YouTube

covers extremism and political violence for The Times, focusing on the criminal cases involving the Jan. 6 attack on the Capitol and against former President Donald J. Trump.

Persons: Donald J, Trump Organizations: The Times, Capitol

☆ Microsoft says cloud AI demand is exceeding supply even after 79% surge in capital spending
▼ + stars: | 2024-04-25 | by ( Jordan Novet | ) www.cnbc.com time to read: +2 min

In its earnings report on Thursday, Microsoft said capital expenditures jumped 79% from a year earlier to $14 billion. "We do have demand that exceeds our supply by a bit," Microsoft CFO Amy Hood told analysts on the company's earnings call. During the fiscal third quarter, revenue in Microsoft's Azure cloud rose 31%, with 7 percentage points from AI. Microsoft intends "to scale to meet the growing demand signal for our cloud and AI products," she said. WATCH: Microsoft's capex increase for AI infrastructure is not a surprise, says Deepwater's Gene Munster

Persons: Amy Hood, Hood, Deepwater's Gene Munster Organizations: Microsoft, OpenAI, Nvidia, Amazon Web Services Locations: Bellevue , Washington

New York’s highest court on Thursday overturned the felony sex crimes conviction of the notorious Hollywood producer Harvey Weinstein, a staggering reversal of a bedrock case in the #MeToo era that prompted countless victims of sexual harassment and assault to come forward as accusers. In a bitterly contested 4-to-3 decision, the New York Court of Appeals found that the judge who had presided over Mr. Weinstein’s case deprived him of a fair trial in 2020 by allowing prosecutors to call witnesses who said Mr. Weinstein had assaulted them — but whose accusations were not the basis for any of the charges against him. Responding on Thursday, the Manhattan district attorney, Alvin L. Bragg, announced that he would seek to prosecute Mr. Weinstein again. “We will do everything in our power to retry this case, and remain steadfast in our commitment to survivors of sexual assault,” a spokeswoman for Mr. Bragg’s office said. The case was originally prosecuted by his predecessor, Cyrus R. Vance Jr.

Persons: Harvey Weinstein, Weinstein’s, Weinstein, Alvin L, Bragg, Mr, “, ”, Cyrus R, Vance Jr Organizations: Hollywood, New, Appeals, Mr Locations: Manhattan

☆ Boeing reports quarterly results before the bell. Here's what Wall Street expects
▼ + stars: | 2024-04-24 | by ( Leslie Josephs | ) www.cnbc.com time to read: +1 min

An aerial photo shows Boeing 737 Max airplanes parked on the tarmac at the Boeing Factory in Renton, Washington, on March 21, 2019. Here is what Wall Street expects for Boeing for the period that ended March 31, according to estimates from LSEG:Loss per share: $1.76 adjusted$1.76 adjusted Revenue: $16.23 billionBoeing has been hamstrung in ramping up production, especially of its best-selling 737 Max planes. After the door plug blew out on the Alaska Airlines Max 9 on Jan. 5, the Federal Aviation Administration has barred Boeing from increasing output. Questions abound for Boeing's lame duck CEO Dave Calhoun, who announced in March that he would step down by year-end. Among those questions: When will Boeing stabilize its production line and increase production of the 737 Max and other planes?

Persons: Dave Calhoun, Max Organizations: Boeing, Max, Boeing Factory, Alaska Airlines Max, Federal Aviation Administration, FAA Locations: Renton , Washington

☆ A complete timeline of Karlie Kloss and Taylor Swift's friendship
▼ + stars: | 2024-04-24 | by ( Claudia Willen | Callie Ahlgrim | ) www.businessinsider.com time to read: +40 min

Taylor Swift and Karlie Kloss became inseparable after meeting at the 2013 Victoria's Secret Fashion Show. AdvertisementThe friendship of Taylor Swift and Karlie Kloss dates back to 2013, when the musician and the supermodel met backstage at the Victoria's Secret Fashion Show. AdvertisementApril 2014: Kloss and Swift are spotted together in New York CityTaylor Swift and Karlie Kloss often spent time together in New York City. November 23, 2014: Swift brings Kloss as her date to the American Music AwardsTaylor Swift and Karlie Kloss at the 2014 AMAs. July 11, 2015: Kloss appears at another of Swift's concerts in New JerseyTaylor Swift's friends went to her concert in New Jersey.

Persons: Taylor Swift, Karlie Kloss, Kloss, —, Swift, didn't, Katy Perry, Scooter Braun, Karlie, Michael Kovac, Jamie McCarthy, Milk, Christina Tosi, Randy Brooke, we're BFFs, I'd, Raymond Hall, Kate Bosworth, Harry Josh, Charles James, Oscar de la, They're, Alo Ceballos, She's, Rolling, James Devaney, Ben Stiller, Quinlin, SoHo Taylor Swift, Jeff Kravitz, Dick Clark, Antonio de Moraes Barros Filho, WireImage Kloss, Lily Aldrige, Martha Hunt, taylor, it's, Taylor, Matty Healy, Marie Claire, Beyonce, Jay, Justin Timberlake, Sam Smith, Michael, r was, els, rais, hou, "I, ove, stor, ste, "(M, bro, K, Ma y, orr, "B, Perry, tim e, oe Jonas, maki, J ohn Shea, dow, deo, cele, Jo, hatta, lia, nce, e, hough, lor h, 2016:, Joh, Delilah, L orde, Conn, Loo, ned the photo,, y, as well, loss and Swift, Augu, rld, kee, mus, raun, cate, rau, hite, theo, abou, ody, ted in a, ike H, Derek Bl Organizations: Big, Service, Vogue, Twitter, Hollywood Life, Big Sur, daisies, Surrey, Costume, Metropolitan Museum of Art, Getty, Swift, Apple, New York Knicks, Garden, Chicago Bulls, Madison, American, New York City's, Yahoo, New, YouTube, the de, acc, Adv, ober, Wil, unc, ift, who's known Locations: Big Sur, Swift's New York, New York City, Big, Instagram, New York, Manhattan, brunching, SoHo, Madison, SoHo Taylor, June., ber

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