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The US needs to assemble its own naval coalition, retired US Navy Adm. James Stavridis said. This, he said, is necessary if the US wants to match up to China's growing naval fleet. Stavridis said the US could bring in its treaty allies like Japan, South Korea, and the Philippines. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementThe US needs to build a coalition of allies if it hopes to stand a chance against China's fast-growing navy, says retired US Navy Adm. James Stavridis.
Persons: James Stavridis, Stavridis, , outnumbers Organizations: US, Service, Bloomberg, Business Locations: Japan, South Korea, Philippines, China's, NATO, South
Read previewA whistleblower who accused a Boeing supplier of ignoring manufacturing defects on the 737 Max died on Tuesday. Former Spirit AeroSystems employee Joshua Dean, 45, died after contracting a sudden illness, The Seattle Times reported on Wednesday. This sudden loss is stunning news here and for his loved ones," Joe Buccino, a spokesperson for Spirit, told The Seattle Times. Dawn soap is, however, documented under the Federal Aviation Administration's standards as a viable factory tool, Spirit told The Times. AdvertisementDean's lawyer, Brian Knowles, told The Seattle Times that he did not want to speculate about the timing and circumstances of Dean's death.
Persons: , Max, Joshua Dean, Dean's, Carol Parsons, Dean, Parsons, intubated, Josh Dean's, Joe Buccino, John Barnett, Barnett, Brian Knowles, Knowles, Dave Calhoun, AeroSystems Organizations: Service, Seattle Times, Business, Spirit, New York Times, Federal Aviation, Times, Wall Street, Boeing, BI Locations: Charleston
Rep. Lauren Boebert went to George Washington University on Wednesday. The Colorado Republican sparred with pro-Palestinian protesters at the university. AdvertisementRep. Lauren Boebert's attempt to engage with pro-Palestinian protesters at George Washington University on Wednesday didn't go very well. Boebert visited the college campus with her fellow GOP politicians, James Comer, Byron Donalds, and Anna Paulina Luna. VIDEO: Cong @laurenboebert attempts to rip down Palestinian flag that was draped over George Washington statue on the GWU campus.
Persons: Lauren Boebert, fondling, , Lauren Boebert's, Boebert, James Comer, Byron Donalds, Anna Paulina Luna, , 😂😂 Organizations: George Washington University, Wednesday, The Colorado Republican, Protesters, Service, Colorado Republican, GOP
Google employees who were fired for protesting the company's work with Israel have gone to the NLRB. AdvertisementGoogle workers who were fired for protesting against the company's cloud contract with the Israeli government filed a complaint with the National Labor Relations Board on Monday. Last month, Google said that it fired 28 employees for staging in-office protests in New York City and Sunnyvale, California. But Google told BI last month that the company's work was not directed at highly sensitive or classified military projects relevant to weapons or intelligence services. AdvertisementThe ongoing dispute between Google and some of its employees highlights companies' tricky balance between their business interests and their workers' desire for self-expression.
Persons: , Nimbus, Rob Munoz Organizations: Google, Service, National Labor Relations Board, Business, NLRB, BI, Amazon, Protesters, Washington Post, Nimbus, Post Locations: Israel, New York City, Sunnyvale , California, Gaza
Donald Trump feels his lead defense lawyer hasn't been aggressive enough, per The New York Times. Trump is currently facing his first criminal trial in Manhattan. AdvertisementFormer President Donald Trump thinks the lawyer representing him in his hush-money trial isn't combative enough, The New York Times reported on Tuesday. Todd Blanche, an ex-federal prosecutor turned white-collar defense lawyer, is currently representing Trump as his lead lawyer. Trump had once praised Blanche, saying that he was an intelligent and good lawyer, The Times said in a report on April 4.
Persons: Donald Trump, hasn't, Trump, , he's, Stormy Daniels, Todd Blanche, Blanche Organizations: New York Times, Service, Trump, Times, Business Locations: Manhattan
Starbucks CEO Laxman Narasimhan said the coffee chain's customers were growing more cautious. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. AdvertisementUS consumers are becoming more prudent with their spending, executives at Amazon and Starbucks said on Tuesday. "A challenging macro environment including rising interest rates and elevated costs continues to create volatile consumer confidence levels and put pressure on consumer spending," Borden said then. Representatives for Amazon and Starbucks didn't immediately respond to requests for comment from BI sent outside regular business hours.
Persons: Brian Olsavsky, Laxman Narasimhan, , Olsavsky, Narasimhan, Ian Borden, Borden Organizations: Starbucks, Service, Amazon, Bank of America, BI
No questions were taken and the call ended with the Mission: Impossible theme being played on loop. The company announced the departure of its president and CEO Bob Bakish before the call. AdvertisementParamount executives didn't take any questions during the company's earnings call on Monday, and ended up blasting the Mission: Impossible theme music on loop to their investors instead. The entertainment studio's first quarterly earnings call of the year took place after Paramount announced the ouster of its president and CEO Bob Bakish. The earnings call ran for only 8 minutes and 50 seconds, and the executives in attendance weren't open to taking questions.
Persons: Bob Bakish, , didn't, Bakish, George Cheeks, Chris McCarthy, Brian Robbins, Jaime Morris, Anna Nicolaou, Matthew Belloni, Alex Stedman, Shari Redstone, David Ellison's Skydance, David Ellison, Larry Ellison, There's, Paramount didn't Organizations: Paramount, Service, — CBS, Showtime, MTV Entertainment, Paramount Pictures, Nickelodeon Nickelodeon, Financial Times, Netflix, David Ellison's Skydance Media, Oracle, BI
Taylor Swift is topping the charts with "The Tortured Poets Department." AdvertisementTaylor Swift has been turning heads with the chart-topping success of her latest album, "The Tortured Poets Department" — and she can count Elon Musk as a fan of the new tracks. Musk said of Swift's album in an X post on Monday. — Elon Musk (@elonmusk) April 29, 2024This post isn't the first time Musk has weighed in on Swift's success. I speak from experience lol," Musk told Swift in an X post.
Persons: Taylor Swift, Elon Musk, , Swift, Swift didn't, Elon, Musk Organizations: Poets Department, Service, Department, Billboard, BI Locations: Paris
The date, Elon Musk says, was chosen partly because it is a "lucky number in China." AdvertisementTesla CEO Elon Musk might've been hoping for some much-needed good fortune when he picked the robotaxi's projected August 8 launch date. "I did partly pick it because 8/8 is a lucky number in China!" The date, Musk added, was also chosen because it is the birthday of his triplets. Musk fathered the triplets — Kai, Saxon, and Damian — with his first wife, Justine Musk.
Persons: Tesla, Elon Musk, , Elon Musk might've, Michel de Guilhermier, Musk, — Kai, Damian —, Justine Musk Organizations: Service Locations: China
Read previewA former top lieutenant at Elon Musk's Twitter says she's working for Mark Zuckerberg at Meta now. AdvertisementBesides lauding "the exceptional quality of the people" working at Meta, Crawford said she was attracted by Zuckerberg's "vision and intensity." Crawford's latest career move could be an indicator of big moves Zuckerberg may be making in his bid to vanquish Musk's X. "I do plan to keep using both X and Threads," she said in an email to BI on Monday. Representatives for Meta and X didn't immediately respond to requests for comment from BI sent outside regular business hours.
Persons: , Mark Zuckerberg, I've, Esther Crawford, Crawford, he's, Zuckerberg, Elon Musk's, Elon, Musk's, hasn't, X didn't Organizations: Service, Elon, Twitter, Meta, Business, BI
The layoffs at Tesla aren't over yet, says Tesla CEO Elon Musk. On Monday, he announced the departure of two senior executives and the axing of their divisions. Tesla, Musk said, needs to be "absolutely hard core about headcount and cost reduction." download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementTesla CEO Elon Musk says the EV giant is not done with laying people off.
Persons: Elon Musk, Musk, , — Tesla's, Rebecca Tinucci, Daniel Ho — Organizations: Tesla, Service, The, Business Locations: Tinucci's
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
Chinese leader Xi Jinping oversees the inauguration of the Information Support Force of the People's Liberation Army at a ceremony in Beijing on April 19, 2024. The Information Support Force will be led by top generals from the now-defunct SSF. These functions will now be supervised at his level and not through the Strategic Support Force, which served as a middleman,” Wuthnow said. Though US intelligence officials said the balloon was part of an extensive surveillance program run by the Chinese military, Xi may not have been aware of the mission. Chinese leader Xi Jinping has scrapped the People's Liberation Army's Strategic Support Force, a branch he founded in 2015.
Persons: Xi Jinping, Xi, , Wu Qian, SSF, Bi Yi, Li Wei, Ju Qiansheng, Joel Wuthnow, ” Wuthnow, Joe Biden, didn’t, Xinhua News Agency James Char, Char Organizations: Hong Kong CNN, Strategic Support Force, Support Force, PLA, China’s Defense, Aerospace Force, Cyberspace Force, Central Military Commission, Logistic Support Force, Information, Force, People's Liberation Army, Xinhua News, Information Support Force, Xinhua, Pentagon, National Defense University, Aerospace Systems Department, Network System Department, Xinhua News Agency, Rajaratnam, of International Studies, SSF’s Aerospace Systems Department, , Communist Party, Taiwan Locations: China, Hong Kong, Beijing, Washington, United States, Singapore, Ukraine, Taiwan Strait, Taiwan
Advertisement"We have lawsuits in 81 states right now," Trump told Bolling. "Maybe there are 81 states in the future and she's a time traveler," an X user named Mike Freeman said in a post. AdvertisementLate-night host Jimmy Kimmel couldn't resist mocking Lara Trump either when he referenced the moment in his monologue on Wednesday night. "In 81 states! Last week, she fired back when a viewer questioned her intellect on her podcast, "The Right View with Lara Trump."
Persons: , Lara Trump, — who's, Donald Trump's, Eric —, we're, Eric Bolling, Jocelyn Benson, Trump, Bolling, 3vZ8mRYvgE —, Mike Freeman, Jimmy Kimmel, they're, Kimmel, Donald Trump, Michael Whatley, Lara, MAGA, hasn't, Lara Trump's Organizations: Service, Republican National, RNC, Business, South Virginia ., North, North Carolina GOP Locations: Tennessee, . West Dakota, South Virginia, South Virginia . Indiana, North Carolina
Southwest Airlines and American Airlines posted losses in the first quarter of 2024. On Thursday, Southwest Airlines and American Airlines reported losses in their quarterly earnings call. Southwest Airlines CEO Bob Jordan told CNBC the decision to cease flights had "nothing to do" with Boeing's aircraft delivery delays. AdvertisementRepresentatives for Southwest Airlines and American Airlines didn't immediately respond to a request for comment from BI sent outside regular business hours. "Near term, yes, we are in a tough moment," Boeing CEO Dave Calhoun said in a letter to employees on the same day.
Persons: It's, Bob Jordan, , George Bush, Jordan, Robert Isom, I've, Isom, Isom's, Brian West, Dave Calhoun Organizations: Boeing, Airlines, Southwest Airlines, American Airlines, Southwest, Service, , — Bellingham International, Cozumel International Airport, George, George Bush Intercontinental Airport, Syracuse Hancock International, CNBC, American, Bank of America Global Industrials Conference . West, BI, Max, Wednesday Locations: — Bellingham, Cozumel, Southwest, Oregon, California
Read previewThe accountant hired to audit former President Donald Trump's social media company seemed to have a lot of trouble spelling his name, the Financial Times reported on Wednesday. But others, like Blake F Borgers and Ben F Vonesh, were entirely different names. Representatives for BF Borgers and Trump Media & Technology Group did not immediately respond to a request for comment from BI sent outside regular business hours. In November, Borgers' firm was also removed from the American Institute of Certified Public Accountants' peer review program. Trump Media shares had initially soared when it went public, only to crash by nearly 40% in a matter of weeks.
Persons: , Donald Trump's, Ben F Borgers, Ben F Brogers, Ben F orgers, Blake F Borgers, Ben F Vonesh, Borgers, Brown, WithumSmith, Trump, Forbes, Jean Carroll, he's, Stormy Daniels Organizations: Service, Financial Times, Public Company, Business, BF Borgers, Trump Media & Technology Group, BI, Bloomberg, American Institute of Certified Public Accountants, Trump, Trump Media, New Locations: New York, Manhattan, Mar
But Matty Healy says he hasn't "really listened to that much of it." AdvertisementTaylor Swift's "The Tortured Poets Department" may have broken multiple streaming records, but Matty Healy says he hasn't "really listened" to the album yet. I haven't really listened to that much of it, but I'm sure it's good," Healy said of the album. Healy's response may surprise some, considering how fans have speculated that he is the subject of several songs on Swift's album. On Wednesday, streaming giant Spotify said that Swift's album had become the platform's "most streamed album in a single week," surpassing a billion streams since its release on Friday.
Persons: Taylor Swift's, Matty Healy, Healy, , Taylor, Swift, Joe Alwyn, Travis Kelce, would've, Swift didn't Organizations: Poets Department, Service, Department, Kansas City Chiefs, GQ, Spotify, BI
A South Korean woman lost $50,000 after falling in love with a fake Elon Musk. The Musk impersonator befriended her on Instagram, where he told her he "contacts fans randomly." Fake Musk then claimed he could make the woman rich by helping her invest her money. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementA South Korean woman says she lost $50,000 to a con artist who was posing as Elon Musk.
Persons: Elon, , Elon Musk, Musk Organizations: Service, South, KBS, Korea, Business Locations: Korean, South Korean
Elon Musk doesn't think Tesla should be viewed as just another auto company. Musk told investors on Tuesday that Tesla's Optimus robots are its most valuable asset. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementTesla's Optimus robots could become the company's most valuable asset, says the company's CEO Elon Musk. "As I've said before, I think Optimus will be more valuable than everything else combined," Musk said in an earnings call on Tuesday.
Persons: Elon, Tesla, Musk, , Elon Musk, I've, you've Organizations: Optimus, Service
Daniel Ek said Spotify underestimated the impact of laying off 1,500 people in December. "It took us some time to find our footing," Ek told investors in an earnings call. AdvertisementLaying off 1,500 people in December ended up creating a "significant challenge" for Spotify, the company's CEO Daniel Ek said on Tuesday. "Although there's no question that it was the right strategic decision, it did disrupt our day-to-day operations more than we anticipated," Ek told investors in an earnings call. The layoffs, Ek said in December, were necessary as the company needed to become "relentlessly resourceful."
Persons: Daniel Ek, Ek, , Taylor, Swift, Mark Zuckerberg, Neal Freyman, Toby Howell, Zuckerberg Organizations: Service, Spotify, Poets Department, Brew Daily, BI
A US defense official downplayed the threat of China's new Xi'an H-20 bomber. AdvertisementChina's new bomber, the Xi'an H-20, is intended to rival America's new stealth bomber, but a US defense official told reporters on Monday it's "not really" a concern. A B-2 Spirit takes off for Red Flag-Nellis 24-1 training at Nellis Air Force Base on Jan. 16. A former US Air Force commander said previously that it wasn't "anything to lose a lot of sleep over." The Pentagon unveiled a new stealth bomber in 2022 that is currently in production and will eventually replace B-1 and B-2 fleets.
Persons: , it's, William Lewis, It's, Wang Wei, David Swanson, Northrop Grumman Organizations: Service, Breaking Defense, Flag, Nellis, Nellis Air Force Base, US Air Force, Liberation Army Air Force, Hong, Hong Kong Commercial Daily, China Aviation Industry Corporation, Northrop, Air Force, United States Air, REUTERS, Pentagon Locations: Xi'an, Jan, China, Hong Kong, Palmdale , California, U.S
Read previewTesla, eager to hold on to its market share in China, is amping up its price war against its Chinese rivals amid declining sales. In China, Tesla has reduced the price of its Model 3, S, X, and Y by 14,000 yuan, or $1,930. The Model Y now costs 249,900 yuan — yet another cut from its January price of 299,900 yuan. Related storiesTesla CEO Elon Musk defended his company's pricing strategy on Sunday, writing on X that "Tesla prices must change frequently in order to match production with demand." In fact, Musk went so far as to frame his Chinese rivals as an existential threat to all automakers.
Persons: , Tesla, Li, BYD, Elon Musk, Musk Organizations: Service, Business, Li Auto, BI Locations: China
Margarita Simonyan, RT's editor-in-chief, called MTG a blond, fur-wearing "beauty." NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. AdvertisementRep. Marjorie Taylor Greene has just won herself some new admirers. The GOP congresswoman was painted in glowing terms during a broadcast on Russian state television on Sunday. "Marjorie Taylor Greene, you've just shown is a beauty.
Persons: Margarita Simonyan, Simonyan, Greene, , Marjorie Taylor Greene, you've Organizations: Georgia Republican, Ukraine, Service, GOP, RT
My dad still remembers the anxiety that engulfed the island when the United States cut off diplomatic recognition of Taiwan in favor of the People’s Republic of China in 1979. My parents considered America a safe haven and wanted me to grow up with all its comforts. Of course, comparing the United States and Taiwan this way without acknowledging the nuanced socio-political contexts can be misleading. Clarissa WeiThe biggest shift, then, has been how the people of Taiwan perceive the United States. The United States, on the flip side, is the 131st.
Persons: Clarissa Wei Editor’s, Clarissa Wei, , , Annabelle Chih, there’s, Tyrone Siu, Donald Trump, Joe Biden, “ Wei, Ting Yen, I’m, nodded, Billy H.C, Kwok, It’s, Republican —, Xi Jinping, “ Trump Organizations: Taipei CNN, CNN, America, Metro, Trump, Taiwan, Franklin & Marshall College, 131st, San Francisco Bay Area, China’s Communist Party, Republican Locations: Taiwanese American, Taipei, Taiwan, China, United States, People’s Republic of China, America, Los Angeles, Taiwanese, Kaohsiung, San Francisco Bay
Elon Musk wanted Tesla to reduce its workforce by one-fifth, Bloomberg reported. Musk wanted the layoffs to match the drop in quarterly vehicle deliveries. Tesla delivered 386,810 cars in the first quarter of 2024, a 20.1% drop from the last quarter. The reduction, Musk reasoned, should match the reduction in vehicle deliveries between the fourth quarter of 2023 and the first quarter of 2024, per Bloomberg. Earlier this month, Tesla said it delivered 386,810 cars in the first quarter of 2024, a 20.1% drop from the previous quarter.
Persons: Elon Musk, Tesla, Musk, Organizations: Bloomberg, Service
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