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☆ Lockheed wins U.S. missile defense contract worth $17 billion, sources tell Reuters
▼ + stars: | 2024-04-15 | by ( ) www.cnbc.com time to read: +3 min

Lockheed Martin has been awarded a $17 billion contract to develop the next generation of interceptors that would guard the United States against an intercontinental ballistic missile attack, two industry sources briefed on the matter told Reuters. Both Lockheed and the Missile Defense Agency declined to comment. The sources did not indicate the length of the contract, but the first interceptor is expected to be operational in 2028. The NGI is currently in its technology development phase and will transition to its product development phase in May, according to written testimony submitted by the head of the Missile Defense Agency, Lieutenant General Heath Collins, last week. The United States then decided to restart the contract process to gather bids on designing the whole interceptor including the "kill vehicle."

Persons: Lockheed Martin, Walter E, General Heath Collins, Collins, Northrop Grumman Organizations: Lockheed, Astronautical, Washington Convention Center, Reuters, Army, Attack Reconnaissance Aircraft, U.S . Missile Defense Agency, Defense, Missile Defense Agency, Pentagon, Boeing Locations: Washington , DC, United States, North Korea, Iran, U.S

☆ Meet the Disney heirs rallying behind Bob Iger
▼ + stars: | 2024-03-03 | by ( Jordan Hart | ) www.businessinsider.com time to read: +5 min

Roy O. Disney's grandchildrenRoy O. Disney had one son with his wife Edna Francis — Roy E. Disney, a long time Walt Disney Company executive. Roy P. DisneyRoy P. Disney told NYT that activist investors "must be defeated." AdvertisementIn a 2010 interview, Roy P. Disney said he worked as an investor based in California. Joe Scarnici/Stringer/Getty ImagesWalter Elias Disney MillerWalter Miller is the co-founder of the Walt Disney Family Museum, which opened its doors in 2009. Tamara Diane MillerTamara Miller spent four years as the President of the board of directors of the Walt Disney Family Museum.

Persons: —, Roy, Walt Disney, Bob Iger, Nelson Peltz, Walt, Roy O, Disney, Edna Francis — Roy E, Roy E, Patricia Ann Dailey, Roy P, Disney Roy, George Pimentel, WireImage, Disney's, hasn't, Abigail Disney Abigail Disney, Ralph Orlowski, Burda Media Abigail Disney, she's, Abigail, Susan Disney, Susan Lord, Phillip Faraone, Tim Disney Tim Disney, Stefanie Keenan, Tim Disney, Diane Disney Miller, Sharon Disney, Diane Miller's, Ron Miller, Jennifer Goff, Tammy Miller, Joanna Miller, Walter Miller, Joe Scarnici, Stringer, Walter Elias Disney Miller Walter Miller, Joanna Sharon Miller Joanna Miller, grandpa, Joanna, Jim, Tamara Diane Miller Tamara Miller, Tamara Miller, Jennifer Miller, Goff Jennifer Miller, Goff Organizations: Service, Disney, Business, Walt Disney Company, Getty, New York Times, Burda Media, Yale, Stanford, Mouse, Bel, Harvard University, California Institute of, Arts, Walt Disney Productions, Walt Disney Family Museum, Jim Hill Media, Walt Disney Family Locations: California, Munich, Germany, Columbia, Los Angeles

☆ Marlon Brando's one-of-a-kind Rolex has been sold for more than $5 million — or has it?
▼ + stars: | 2023-12-03 | by ( Lloyd Lee | ) www.businessinsider.com time to read: +4 min

Marlon Brando's Rolex GMT-Master was recently sold at Christie's for more than $5 million. Brando's Rolex, which features unique customizations, was sold at Christie's auction house in November for more than $5 million. On November 6, 113 watches from his collection, including the Rolex GMT-Master, were auctioned off for more than $42 million. You can do anything you want to it and it will keep on going," Brando Fischer recalled her father telling her, according to the report. Brando Fischer later gifted the watch to her husband as a wedding present, which would be hidden in their home for years until it was auctioned.

Persons: Marlon Brando's, Brando, —, Marlon Brando, Francis Ford, Mohammed Zaman, Zaman, Denis Balibouse, Petra Brando Fischer, Brando Fischer, I'm, Walter E, Kurtz, Petra Organizations: Rolex, Service, Bloomberg, Oscar, Best, New York Times, Phillips, Brown University, Times Locations: Omani, Geneva, Vietnam

☆ US to evict Gabon, Niger, Uganda and Central African Republic from trade program
▼ + stars: | 2023-10-30 | by ( ) www.reuters.com time to read: +2 min

REUTERS/Ken Cedeno Acquire Licensing RightsWASHINGTON, Oct 30 (Reuters) - U.S. President Joe Biden said on Monday that he intends to end the participation of Gabon, Niger, Uganda and the Central African Republic in the African Growth and Opportunity Act (AGOA) trade program. Biden said he was taking the step because of "gross violations" of internationally recognized human rights by the Central African Republic and Uganda. He also cited Niger and Gabon's failure to establish or make continual progress toward the protection of political pluralism and the rule of law. "Despite intensive engagement between the United States and the Central African Republic, Gabon, Niger, and Uganda, these countries have failed to address United States concerns about their non-compliance with the AGOA eligibility criteria," Biden said in a letter to the speaker of the U.S. House of Representatives. Biden said he intends to terminate the designation of these countries as beneficiary sub-Saharan African countries under the AGOA, effective Jan. 1, 2024.

Persons: Janet Yellen, Joe Biden, Antony Blinken, Walter E, Ken Cedeno, Biden, Jasper Ward, Matthew Lewis Organizations: Africa, Food Security, Food Systems, Washington Convention Center, Washington , D.C, REUTERS, Rights, Central African, U.S . House, Representatives, Thomson Locations: Washington ,, Gabon, Niger, Uganda, Central African Republic, United States, U.S, Washington

☆ Biden officials set $3 bln bank deposit, procurement goals to boost minority firms
▼ + stars: | 2023-10-25 | by ( David Lawder | ) www.reuters.com time to read: +3 min

U.S. Vice President Kamala Harris delivers remarks during the Congressional Black Caucus Foundation Phoenix Awards Dinner at the Walter E. Washington Convention Center in Washington, U.S., September 23, 2023. REUTERS/Elizabeth Frantz/File Photo Acquire Licensing RightsWASHINGTON, Oct 25 (Reuters) - The Biden administration on Wednesday urged big companies to deposit another $2 billion into U.S. community lenders to boost loans to minority and underserved businesses, and asked them to devote 15% of their procurement budgets to such firms. Alphabet Inc's Google (GOOGL.O) will commit to spending at least $1 billion annually with "diverse-owned suppliers" in the United States, the Treasury said. The Treasury had previously invested nearly $9 billion into Community Development Financial Institutions (CDFIs) and minority-owned banking firms to make more capital available to minority firms. "In order for these minority owned banks and CDFIs to lend that money, they need deposits," Deputy Treasury Secretary Wally Adeyemo told reporters.

Persons: Kamala Harris, Walter E, Elizabeth Frantz, Biden, Harris, Wally Adeyemo, David Lawder, Sonali Paul Organizations: Congressional Black Caucus Foundation, Washington Convention Center, REUTERS, Rights, Wednesday, Micron Technology, Air Products, Xcel Energy, Treasury Department, Treasury, Freedman's Bank, Community Development Financial, Management, Internal Revenue Service, Thomson Locations: Washington , U.S, United States

☆ The Moral Duty to Destroy Hamas
▼ + stars: | 2023-10-12 | by ( Walter E. Block | Alan G. Futerman | ) www.wsj.com time to read: 1 min

Wonder Land: For Hamas in Israel and Putin in Ukraine, killing the innocent is now part of the plan. Images: AP/Zuma Press Composite: Mark KellyA mob of Islamist Arabs incited by Jew-hatred entered the town and killed as many Jews as they could find. They went door to door, broke into the homes of their victims, and slaughtered innocent men, women and children. These gangs raped, mutilated and tortured them while screaming “Kill the Jews!”

Persons: Putin, Mark Kelly A Organizations: Zuma Locations: Israel, Ukraine

☆ Biden to deliver speech on democracy, legacy of Sen. John McCain in Arizona
▼ + stars: | 2023-09-28 | by ( Emma Kinery | ) www.cnbc.com time to read: +2 min

President Joe Biden is set to deliver a speech Thursday in Phoenix, Arizona, on the state of democracy and to honor his late friend, Republican Sen. John McCain. It is the fourth such speech on democracy Biden has made during his presidency, the first of which was delivered on the first anniversary of the Jan. 6, 2021, Capitol riot. Biden is set to say that McCain was representative of the old guard of Republicans and was willing to put his country over his party. The friendship continued after McCain lost the 2008 presidential contest to Barack Obama, whose vice president was Biden. "Not every Republican — not even the majority of Republicans — adhere to the extremist MAGA ideology," Biden plans to say.

Persons: Joe Biden, Walter E, Republican Sen, John McCain, Biden, MAGA, Donald Trump, McCain, Barack Obama, Republican —, Republicans —, I've Organizations: Congressional Black Caucus Foundation, Washington Convention Center, Washington , D.C, Republican, Capitol, Arizona State University, McCain Institute, American, McCain, Democratic, White, House, Trump, Senate, Republicans, Republican Party, American Democracy, GOP House Locations: Washington ,, Phoenix , Arizona, America, New York, California

Ahead of a White House welcome for the leaders, Biden announced U.S. diplomatic recognition of two more Pacific islands nations, the Cook Islands and Niue. The White House said this year it would focus on priorities including climate change, economic growth, sustainable development, public health and countering illegal fishing. In Baltimore on Sunday, Pacific island leaders visited a Coast Guard cutter in the harbor and were briefed on combating illegal fishing by the Commandant of the Coast Guard, an official said. The White House in 2022 said the U.S. would invest more than $810 million in expanded programs to aid the Pacific islands. She added that Pacific island countries "welcome the U.S. re-engagement with the region, but don't want geopolitical tussles to result in an escalation of militarization."

Persons: Joe Biden, Walter E, Elizabeth Frantz, Biden, Manasseh Sogavare, Washington, Sogavare, Meg Keen, Sato Kilman, Kilman, Ishmael Kalsakau, David Brunnstrom, Trevor Hunnicutt, Kirsty Needham, Don Durfee, Grant McCool Organizations: Congressional Black Caucus Foundation, Washington Convention Center, REUTERS, Rights, Pacific, NFL, White, U.S ., Niue, Sunday, Coast Guard, Sunday's National Football League, Baltimore Ravens, Indianapolis Colts, Solomon, Biden, Australia's Lowy Institute, USAID, Vanuatu, Reuters, Thomson Locations: Washington , U.S, Washington, Cook Islands, Niue, The U.S, Papua New Guinea, U.S, Asia, Cook, Baltimore, Pacific, China, Beijing, Congress, Australia, Vanuatu, Fiji, Kiribati, Hawaii, Palau, Micronesia, Marshall, Sydney

☆ Biden says Republicans should live up to budget deal
▼ + stars: | 2023-09-24 | by ( ) www.reuters.com time to read: +1 min

U.S. President Joe Biden delivers remarks during the Congressional Black Caucus Foundation Phoenix Awards Dinner at the Walter E. Washington Convention Center in Washington, U.S., September 23, 2023. REUTERS/Elizabeth Frantz Acquire Licensing RightsWASHINGTON, Sept 23 (Reuters) - U.S. President Joe Biden on Saturday rebuked what he called "extreme Republicans", saying the party's lawmakers needed to take immediate steps to prevent a government shutdown ahead of a Sept. 30 deadline. "Now a small group of extreme Republicans don't want to live up to the deal," he said. Biden also cast his 2024 campaign against likely Republican challenger former President Donald Trump as a battle against political extremism. "I wish I could say our threat to democracy ended with our victory in 2020 but it didn't," Biden said.

Persons: Joe Biden, Walter E, Elizabeth Frantz, Biden, Donald Trump, Trevor Hunnicut, Joel Schectman, William Mallard, Jamie Freed Organizations: Congressional Black Caucus Foundation, Washington Convention Center, REUTERS, Rights, Republican, Republicans, America, Thomson Locations: Washington , U.S

☆ Gen Z vs. Millennials: What a new study reveals about mental health concerns
▼ + stars: | 2023-09-14 | by ( Catherine E. Shoichet | ) edition.cnn.com time to read: +5 min

CNN —A smaller share of Gen Z is thriving compared to millennials at the same age, and members of Gen Z are far less likely to describe their mental health as “excellent,” according to a new study. The study, released Thursday, aims to reflect the voices of Gen Z on key issues the generation faces. According to the study, both millennials and members of Gen X “report far lower mental health ratings” today than they did a decade ago. “This generation may be more tuned in to recognizing issues with their mental health than older generations,” psychologist Walter Evans said. Another characteristic of Gen Z: optimismThe picture members of Gen Z paint of their lives is far from bleak.

Persons: Gen, ”, Gen Z, millennials, Gen X, Walter Evans, Pollsters, they’ll, Z’s “ Organizations: CNN, Gallup, Walton Family Foundation, Pew Research, US Centers for Disease Control, Prevention, American Psychological Association, Gen Locations: U.S

☆ Zeynep Tufekci on ‘Breaking Bad’ - The New York Times
▼ + stars: | 2023-06-20 | by ( Zeynep Tufekci | ) www.nytimes.com time to read: +4 min

The TV drama “Breaking Bad” does an exceptional job of capturing America’s other exceptionalisms. So Walter turns to yet another American institution that stands out among the nation’s peers: a vast and violent drug trade. Walter worries about his family’s future — especially that of his son, Walt Jr., who has cerebral palsy. But Walter Jr. is talented: In an episode that aired one year before the crowdfunding site GoFundMe was founded, Walt Jr. designs a website to solicit donations to help pay for his dad’s cancer treatment. 1 cause of bankruptcy in the United States.

Persons: topick, Alexis de Tocqueville, Barack Obama, “, Ronald Reagan, Walter White, Walter, —, Walt Jr, Walter Jr, Walt, Jr, ”, don’t Organizations: Caltech, National Rifle Association Locations: America, United States, GoFundMe, Covid

☆ CEOs are balancing economic uncertainty with the need to innovate and invest in the future
▼ + stars: | 2023-04-24 | by ( Josée Rose | ) www.businessinsider.com time to read: +6 min

About 75% of C-suite execs are worried about macro uncertainty, BCG's CEO Outlook survey found. Walter told Insider that all companies need to trim costs smartly so they can reinvest in growth, particularly in digital and in mergers. "One being, there's macro uncertainty, and we need to adjust our cost base in order to take a defensive posture against that macro uncertainty. "Two is: We need to continue to innovate and grow because if we don't, we're not going to succeed as a company. Most C-suite leaders understand that amid difficult decisions like layoffs or reorganizations, companies still need to invest in their employees.

☆ Jason David Frank, 'Power Rangers' star, dies at 49
▼ + stars: | 2022-11-20 | by ( Becca Wood | ) www.nbcnews.com time to read: +1 min

Former “Power Rangers” star Jason David Frank has died, his manager confirmed. Frank was best known for his role as Tommy Oliver in the “Mighty Morphin Power Rangers” television series, which ran for three seasons from 1993 to 1996. Though he began as the popular Green Ranger, Frank’s character transformed into the White Ranger, Red Zeo, and Red Turbo Ranger before returning as the Black Dino Thunder Ranger in 2004. The actor has also starred in both “Mighty Morphin Power Rangers the Movie” in 1995 and “Turbo: A Power Rangers Movie” in 1997. Walter Emanuel Jones, the original Black Ranger, took to Instagram to remember his former co-star, sharing a picture of the “Power Rangers” squad on the red carpet.

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