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☆ Top New York official asks Best Buy about its commitment to LGBTQ groups after conservative pressure
▼ + stars: | 2024-05-02 | by ( Matt Lavietes | Brooke Sopelsa | ) www.cnbc.com time to read: +8 min

The New York state comptroller sent a letter to Best Buy last week questioning whether the company changed its commitment to inclusivity and supporting LGBTQ groups. The comptroller's office manages the state's $207 billion public pension fund, which has invested in Best Buy. He also denied that the NCPPR pressured Best Buy to stop supporting LGBTQ groups in general. "This contentious and vast disagreement between radical gender theory activists and the general public has nothing to do with Best Buy selling electronics." Peck did not ask Best Buy to stop its donations to the HRC, saying in the email, "We understand that it's unrealistic for Best Buy to leave HRC in the near future because of their political clout."

Persons: Thomas DiNapoli, Corie, Barry, J, Patrick Doyle, DiNapoli, Scott Shepard, Shepard, Trevor, Carly Charlson, Charlson, Eric Bloem, Bloem, Ethan Peck, Peck, Marina Rizzo, hadn't, Rizzo Organizations: NBC News, Securities, Exchange Commission, National Center for Public Policy Research, Best, NBC, NCPPR's Free Enterprise, SAGE, GLAAD, Human Rights, SEC, NCPPR's Free Enterprise Institute, HRC, PRIDE Locations: York, States

☆ A Boeing engineer turned whistleblower says the planemaker needs ground all its 787 Dreamliners
▼ + stars: | 2024-04-17 | by ( Pete Syme | ) www.businessinsider.com time to read: +1 min

Whistleblower Sam Salehpour's concerns about the Boeing 787 and 777 were first made public last week. Salehpour, a quality engineer, told NBC on Tuesday he believes all 787 Dreamliners should be grounded. AdvertisementA Boeing whistleblower told NBC he believes all 787 Dreamliners should be grounded in an interview that aired Tuesday. It was Sam Salehpour's first on-camera interview since his allegations were made public last week. He says that parts of the Boeing 787 and 777 were misaligned during production, posing safety threats.

Persons: Sam Salehpour's, wouldn't, —, Sam Salehpour Organizations: Boeing, NBC, Service, Business

☆ Boeing whistleblower said the company threatened him and other engineers to keep quiet about safety concerns
▼ + stars: | 2024-04-17 | by ( Taylor Rains | ) www.businessinsider.com time to read: +5 min

Read previewA veteran Boeing engineer told a panel of lawmakers that he received verbal and physical threats for voicing safety concerns to the company. In a Senate hearing on Wednesday, Sam Salehpour, a veteran Boeing employee turned whistleblower, said the company repeatedly ignored his reports of safety lapses during the production of at least 1,400 widebody airplanes. Salehpour said a Boeing quality manager told him not to document concerns or notify experts of the gaps he said exist on the fuselage of hundreds of Boeing 787 Dreamliners. Salehpour — who said he still has his job thanks to whistleblower-protection laws — told lawmakers that has has also received threats against his physical safety. He told lawmakers that although he has "no proof" of where or who the nail came from, he believes it happened at work.

Persons: —, Sam Salehpour, Salehpour, Salehpour —, Sen, Richard Blumenthal, Drew Angerer, Taylor Rains Organizations: Service, Boeing, Business, Getty, BI, Alaska Airlines, FAA Locations: AFP, Boeing's Washington

☆ Moving Away From a Big City Can Seriously Damage Your Career
▼ + stars: | 2024-04-15 | by ( Aki Ito | ) www.businessinsider.com time to read: +8 min

Moving away from a major city, Moretti found, can be terrible for your career. The market for WFH jobs has cratered, putting everyone who moved away from big cities at risk. Those who moved away from big cities effectively gave up their career insurance. In a big city, you also run into people who work for other companies in your industry — on the bus, at the bar, in line at the deli. "The benefits of being a big city," Moretti tells me, "have been underappreciated" during the pandemic.

Persons: I've, —, We've, Enrico Moretti, Moretti, Des Moines, they'll, they're overqualified, That's, Madison Hoff, Aki Ito Organizations: Franciscan, Census, University of California, Business Locations: New York, Los Angeles, San Francisco, Seattle, America's, Berkeley, Paris, Des, Iowa, California, Sacramento, Bay

☆ Another Boeing whistleblower has come forward, this time alleging safety lapses on the 777 and 787 widebodies
▼ + stars: | 2024-04-09 | by ( Taylor Rains | ) www.businessinsider.com time to read: +5 min

A whistleblower has come forward with allegations about the safety of at least 1,400 Boeing planes. He said production shortcuts have led to misaligned fuselages on Boeing 777 and Boeing 787 jets. AdvertisementAnother Boeing whistleblower has come forward with concerns over one of the planemaker's family of passenger jetliners, pointing to safety concerns in at least 1,400 widebody airplanes. He noted his concerns about the 787 and 777 airplanes were backed by Boeing data but that his complaints were ignored. "This analysis has validated that these issues do not present any safety concerns, and the aircraft will maintain its service life over several decades."

Persons: misaligned, —, Sam Salehpour, Salehpour, Max, I'm Organizations: Boeing, Service, New York Times, FAA, BI, Times, Alaska Airlines

☆ Buy these stocks with overly conservative expectations ahead of earnings, Jefferies says
▼ + stars: | 2024-04-08 | by ( Lisa Kailai Han | ) www.cnbc.com time to read: +3 min

First-quarter reporting season is kicking off later this week, and investors should also be attuned to companies boosting their forecasts as they report, Jefferies found. "As a result, we believe there could be outsized opportunity with respect to stocks poised for shifts to full-year outlooks and subsequent estimate upgrades & downgrades." Jefferies shared 23 companies that have a history of larger-than-typical bumps or higher-than-normal conviction that should see upward estimate revisions once they report their results. Jefferies also listed GE Aerospace as a company with upward revision potential. "High incremental margins from a largely fixed cost base should result in even more impressive long-term EBITDA upside."

Persons: Jefferies, bode, CYBR, Joseph Gallo, Sheila Kahyaoglu, John Colantuoni Organizations: GE Aerospace, GE, YTD GE, CFM Locations: Zillow

☆ Opinion | Who Would Want to Go to a College Like This?
▼ + stars: | 2024-03-28 | by ( Tressie Mcmillan Cottom | ) www.nytimes.com time to read: +3 min

The bill is similar to Florida’s ban on diversity, equity and inclusion initiatives in public colleges, which was signed into law last May. This political theater lifts up a caricature of college, one on which coddled minds are seduced into liberal ideas. If states become hostile to students’ values, those students could choose to go elsewhere or to forgo college altogether. Part of a larger survey about students’ experiences of higher education, the report left me with one major takeaway: The national debate about so-called woke campuses does not reflect what most college students care about. They underscore how unhinged our national debate over higher education has become and how misaligned Republican-led public higher education systems are with the bulk of college students.

Persons: “, haven’t Organizations: Higher Education, Republican, Bills, Public, Lumina Foundation, Gallup Locations: Florida, Alabama

☆ If you're in a life rut, you may need a friendship reshuffle. Here's how to do it.
▼ + stars: | 2024-03-28 | by ( Julia Pugachevsky | ) www.businessinsider.com time to read: +4 min

A psychologist shared why a friendship reshuffle can be better than breaking up or quiet quitting. A reshuffle keeps a friend in your life while allowing you to branch out and focus on new people. Luckily, there's another, less permanent option for needing some space: a friendship reshuffle. Kirmayer shared how to reinvigorate your social life with a reshuffle — and leave room for later reconnection. Stay in touch in smaller waysAs you encounter various life changes, you may need a reshuffle to avoid becoming overwhelmed.

Persons: —, there's, Miriam Kirmayer, Kirmayer, Rebalance, you've, You've Organizations: Service

☆ 6 of the biggest mistakes to avoid during job interviews, from a hiring manager
▼ + stars: | 2024-03-25 | by ( Maya Wald | ) www.businessinsider.com time to read: +7 min

Courtesy of Maya WaldHere are the six most common mistakes I've noticed during interviews, and what you can do to avoid them. As a hiring manager, encountering candidates who haven't taken the time to understand the organization's mission and goals is not only disheartening but painfully obvious. As a hiring manager, I don't need an hourlong explanation of every role and project you've been a part of. As a hiring manager, encountering candidates who have no questions, or only surface-level questions, can signal a lack of genuine interest or preparation. As a hiring manager, I pay close attention to these cues to gauge a candidate's professionalism and demeanor.

Persons: Maya Wald, —, I've, Wald, you've, doesn't Organizations: Service

☆ Kate’s doctored photo raises concerns about tools that let everyone easily edit images
▼ + stars: | 2024-03-11 | by ( Brian Fung | Samantha Murphy Kelly | ) edition.cnn.com time to read: +6 min

Although celebrities have altered photos with editing tools for years, images taken of the royal family have a historical importance and are expected to be authentic. The use of image editing to present a false narrative goes back almost to the dawn of photography itself. Image tools with generative AI will allow so much more than photo manipulation because people will be able to create images from completely new scenarios. As AI images hit the mainstream, it will open up more discussions around transparency and the need to regulate usage so news outlets and the public can better spot AI-generated and augmented images, he said. Although AI image watermarks already being implemented on certain platforms, mandating that will be a challenge, Hayden said.

Persons: Catherine , Princess of Wales, Wales, Kate, ”, Princess of, Prince Louis, Prince George, Princess Charlotte, Princess, Google’s, Ramesh Raskar, who’s, Raskar, Reece Hayden, Hayden Organizations: CNN, Kensington Palace, Agence France, Presse, Reuters, Associated Press, Adobe, Google, MIT Media, Apple, Facebook, ABI Research Locations: Princess of Wales, Kensington

☆ A photo editor says it's 'astonishing' Kensington Palace released the recent image of Kate Middleton
▼ + stars: | 2024-03-11 | by ( Shubhangi Goel | ) www.businessinsider.com time to read: +4 min

Kensington Palace released the image of Middleton and her children — Prince George, Princess Charlotte, and Prince Louis — on Sunday, writing that the photo was taken by Price William. Kensington Palace previously announced that Middleton underwent a planned abdominal surgery in January. AdvertisementOne photo editor who dissected the image told Business Insider he was surprised the photo was released in the first place. "It's astonishing that Kensington Palace released it, and even more bewildering that the wires distributed it," said Patrick Witty. Kensington Palace did not immediately respond to a request for comment from Business Insider.

Persons: —, Kate Middleton, Middleton, — Prince George , Princess Charlotte, Prince Louis —, Price William, Patrick, Vivek Prakash, Prakash Organizations: Service, Palace, Business, The New York Times, Geographic, Google, Reuters, Agence France, Presse, Associated Press, Getty Images Locations: Kensington

☆ Kate’s photo should have quelled the rumors. Editing it has done exactly the opposite
▼ + stars: | 2024-03-11 | by ( Lauren Said-Moorhouse | Max Foster | ) edition.cnn.com time to read: +7 min

The photograph was released by Kensington Palace early Sunday on the couple’s official social media accounts, to mark Mother’s Day in the United Kingdom. I hope everyone celebrating had a very happy Mother’s Day,” she wrote before ending her post with a “C” for Catherine. This year’s Mother’s Day photograph was also the first proper sighting of the princess since Christmas Day. Questions about the Mother’s Day image first emerged on social media. In the past, the family’s amateur photographs have been well received when posted on social media.

Persons: Catherine, Princess of Wales, Kate, Prince George , Princess Charlotte, Prince Louis, –, Prince William, ”, Princess of, Prince George, Princess Charlotte, Princess, Wales, Catherine , Princess of Wales, They’ve, they’ve, William Organizations: London CNN, Kensington Palace, CNN, Associated Press, Daily Telegraph, Daily Mail, CNN’s Royal, Westminster Abbey Locations: Kensington, United Kingdom, Princess of Wales, Windsor, Adelaide

☆ Starbucks founder Howard Schultz says company is at an 'inflection point'
▼ + stars: | 2024-03-02 | by ( Ana Altchek | ) www.businessinsider.com time to read: +3 min

Read previewHoward Schultz wants Starbucks to go on a soul-searching journey. AdvertisementSchultz wrote in the letter titled "The Soul of a Brand" that Starbucks is at an "inflection point." The way to do so is for the brand to return to its core values and rediscover its "soul." Schultz said leadership should address Starbucks' systemic issues and come back to the brand's core values, Schultz said. The founder and former CEO of Starbucks faced criticism for his anti-union mentality.

Persons: —, Howard Schultz, Schultz, Gen Z Organizations: Service, Business, Starbucks

☆ Meet a millennial DINK who feels like an outlier in a child-centric world
▼ + stars: | 2024-03-02 | by ( Juliana Kaplan | ) www.businessinsider.com time to read: +7 min

None of that was true for her, but today she is part of a double-income, no-kids — or DINK — couple. AdvertisementWhile Michelle and her spouse's parents have been supportive, the couple still feels the weight of a culture that's oriented around having kids. There's also a familiar refrain — one that many DINKs come up against — that it's a selfish decision to forego having kids. AdvertisementShe thinks that being a DINK, and opting into it as a lifestyle choice, needs to be more normalized. Are you a DINK or someone grappling with the realities of a child-centric world?

Persons: Michelle, DINK, —, Michelle didn't, DINK —, They've, She's, it's, Zachary P, Neal, Jennifer Watling Neal, childfree, There's, they're Organizations: Service Locations: DINKs, North Carolina, Europe, Orlando, NerdWallet

☆ A Climate Wall of Shame Would Offer a Global Warming History - The New York Times
▼ + stars: | 2024-02-23 | by ( Nate Loewentheil | ) www.nytimes.com time to read: +1 min

Here is a proposal for the environmental movement: Pool philanthropic funds for a day, buy a small plot of land in Washington, D.C., and put up a tall marble wall to serve as a climate memorial. Carve on this memorial the names of public figures actively denying the existence of climate change. The problem with climate change is the disconnect between action and impact. But with climate change, cause and effect are at a vast distance. For them, there can be immediate political and economic benefits to avowed ignorance, and by the time the waters rise, their deeds and words will be forgotten.

Organizations: Washington , D.C Locations: Washington ,, America

Australian computer scientist Craig Wright entered the witness box at the High Court and testified he was the man behind “Satoshi Nakamoto,” the pseudonym that has masked the identity of the creator of bitcoin. The trial started on Monday and is expected to last a month, before a judge rules at a later date. The ruling will affect three pending lawsuits that Wright has filed based on his claim to having the intellectual property rights to bitcoin. Wright appears to have never done so, despite vowing to prove that he's the owner of the fortune. In the London trial, Hough repeatedly sparred with Wright over the authenticity of documents that he said support his claims.

Persons: Craig Wright, “ Satoshi Nakamoto, bitcoin, Wright, he’s, “, Satoshi, Jonathan Hough, ”, “ Wright, Tominaga Nakamoto, Satoshi David, J.P, Morgan, Anthony Grabiner, hadn't, Wright’s, ” Grabiner, David Kleiman, Hough Organizations: High, Alliance Locations: London, Australian, Florida

☆ Death of Fringe Friendships: Making Gen Z Sad, Hurting Job Prospects
▼ + stars: | 2024-02-01 | by ( Juliana Kaplan | ) www.businessinsider.com time to read: +16 min

One of the biggest reasons for our shrinking social circles is the loss of fringe friends — casual friends that you enjoy seeing occasionally. These relationships might seem trivial or inconsequential, but experts and research indicate that fringe friends are vital. But now these fringe friend groups are disappearing, and we're all worse off for it. AdvertisementGlimmers of hope for Gen ZThe decline in fringe friends has also created a generational divide when it comes to who's doing well socially. There's no real solution to the loss of fringe friends.

Persons: Nikol Moses, Moses, Gen, would've, That's, —, Gen Zers, It's, Juliana Horowitz, Daniel Cox, Cox, what's, he'd, we've, Danielle Bayard Jackson, Long, Evan Paul Cudworth, Cudworth, Anna Goldfarb, I've, he's, Pew's Horowitz, Jackson, she'd, Goldfarb, it's, — Moses Organizations: Brisbane —, IRL, Pew Research Center, Gallup, Pew, American Survey, Survey, Survey Center, American Enterprise Institute, bodega, Federal Reserve Bank of Philadelphia, Facebook, Social, DMs, Pew Research, American Locations: Melbourne, Brisbane, Brooklyn, New York

☆ The investing world reacts to death of Berkshire legend Charlie Munger
▼ + stars: | 2023-11-28 | by ( Pia Singh | ) www.cnbc.com time to read: +4 min

Several investors mourned the passing of famed investor Charlie Munger, vice chairman of Warren Buffett's Berkshire Hathaway , on Tuesday. "So sad to hear the news of the passing of Charlie Munger," El-Erian wrote. Mario Gabelli, chairman and CEO of Connecticut-based GAMCO Investors, wrote on Twitter: "Charlie Munger ….a titan has passed …all will miss Charlie." "Charlie Munger helped build an American institution, and through his wisdom and insights, inspired a generation of leaders. "Charlie Munger was a brilliant attorney," Annandale Capital chairman George Seay said Tuesday evening on Yahoo Finance.

Persons: Charlie Munger, Warren Buffett's Berkshire Hathaway, Berkshire Hathaway, Buffett, Munger, Ariel Investments, Charles Bobrinskoy, Mohamed El, PIMCO, Erian, Mario Gabelli, Charlie Munger …, Charlie, Tim Cook, Cook, Stephanie Link, Hightower, Whitney Tilson, Tilson, George Seay, Wesley Chan, Chan, —, Christina Cheddar Berk, Brian Evans, Alex Harring Organizations: Warren, Allianz, Twitter, Apple, Berkshire, Hightower Advisors, Berkshire Hathaway, CNBC, Yahoo Finance, Daily, Costco Locations: Munger, Connecticut, Berkshire, American, California, Annandale, FPV

☆ The stainless steel body of Tesla's Cybertruck is reportedly leading to issues with gaps in between the panels
▼ + stars: | 2023-11-27 | by ( Grace Kay | ) www.businessinsider.com time to read: +4 min

The Cybertruck's stainless steel body has made it difficult to align its panels, WSJ reported. The stainless steel has been difficult to shape into panels without gaps or alignment issues, the publication said, citing individuals who had worked on the Cybertruck. The Journal said the stainless steel is made in "coils that resemble giant rolls of toilet paper." The billionaire has said the vehicle's stainless steel body will be bulletproof and even comes with an option for fixed bulletproof windows. Munro has also pointed out that the thick stainless steel body has several perks for owners.

Persons: Elon Musk, Tesla, —, Javier Verdura, Musk, you've, Giorgetto Giugiaro, Electrek, Sandy Munro, Munro Organizations: EV, Elon, Service, Street, DeLorean

Sam Altman, CEO of OpenAI, attends the Asia-Pacific Economic Cooperation (APEC) CEO Summit in San Francisco, California, U.S. November 16, 2023. "Sam and OpenAI were the catalyst that showed the world what AI tech is capable of," Jannsen said. Silicon Valley's high-profile startup CEO firings typically involve wrongdoing, rather than just philosophical differences about where the company is headed. "Sam Altman is a hero of mine," former Google CEO and investor Eric Schmidt said in an X post. — CNBC's Lora Kolodny contributed to this report WATCH: OpenAI says Sam Altman exiting as CEO because 'board no longer has confidence.'

Persons: Sam Altman, Carlos Barria, OpenAI, Steve Jobs, Altman, —, Jobs, U.S . Altman, Mark Zuckerberg, Jeff Bezos, Elon Musk, Greg Brockman, Brockman, Ron Conway, Greg, Brian Chesky, Matt Schlicht, Schlicht, Sam, Ryan Jannsen, Jannsen, Patrick Moorhead, They're, Moorhead, Josh Wolfe, Wolfe, he'd, Eric Schmidt, Tom Williams, Airbnb's Chesky, what's, Chesky, Satya Nadella, Zachary Lipton, Carnegie Mellon's Lipton, Lipton, — CNBC's Lora Kolodny Organizations: Economic Cooperation, Reuters, ChatGPT, Apple, U.S ., Amazon, Tesla, Microsoft, Tiger, Sequoia Capital, CNBC, Google, Lux Capital, Cq, Inc, Getty, Carnegie Mellon University, Industry Locations: Asia, San Francisco , California, U.S, Silicon Valley, OpenAI, what's, —

☆ Climate change: Countries’ emissions plans put the world ‘wildly off track’ to contain heating, UN assessment shows
▼ + stars: | 2023-11-14 | by ( Laura Paddison | ) edition.cnn.com time to read: +4 min

This reveals a stark gap between the course nations are charting and what science says is needed to avert the most catastrophic impacts of climate change. The hurricane’s intensification — a phenomenon linked to climate change — was among the fastest forecasters had ever seen. It found that if all long-term strategies were implemented on time, these countries’ emissions could be roughly 63% lower in 2050 compared to 2019. “COP28 is our time to change that.”At COP28, countries will complete the global stocktake exercise, where they assess progress on climate action. The process is intended to feed into the next round of more ambitious national climate action plans due to be submitted to the UN in 2025.

Persons: —, ”, Simon Stiell, General António Guterres, Quetzalli, ” Stiell, “ Organizations: CNN, UN, United Nations, Reuters Locations: Paris, Hurricane, Acapulco, Mexico, Dubai, “, COP28

Lt. Gen. Richard Clark was hired last week to become the CFP's second executive director, replacing the retiring Bill Hancock. Mistrust and misaligned priorities among the conference commissioners who manage the CFP — triggered by realignment — along with leadership turnover in some leagues, snarled the expansion process. The next big item on the table for the College Football Playoff is negotiating a new television deal. The playoff is a small part of the changes coming to major college football. Sign up here___AP college football: https://apnews.com/hub/ap-top-25-college-football-poll and https://apnews.com/hub/college-football

Persons: Richard Clark, Bill Hancock, Clark, “, they’ve, Hancock, ” Clark, ” Hancock, Mark Keenum, Keenum, Ralph D, Russo, ___ Organizations: Air Force Academy, Air Force, CFP, Mississippi State, College Football Playoff, ESPN, College, Big, Southeastern Conference, Atlantic Coast Conference, AP Locations: Mississippi

In 1980, there were 24 private equity firms, according to Prequin, which tracks alternative assets; by 2022, there were around 5,000 private equity firms controlling some 18,000 companies. Among the industries where private equity sank deep roots was health care. Thin margins have forced many nursing homes to shrink their nursing staff, leaving them ill prepared when the pandemic hit. One New Jersey analysis found that facilities owned by private equity had a higher rate of Covid-19 deaths and cases than nursing homes not owned by private equity. Fewer than 20 percent of all nursing homes meet a recently proposed minimum staffing level, according to a Kaiser Family Foundation estimate.

Persons: equity’s, Sabrina T, Howell, Mark Parkinson, Ms, ” Organizations: Healthcare Private Equity Association, New York University, Genesis Healthcare, Formation Capital, Kaiser Family, American Health Care Association Locations: Jersey, New Hampshire

☆ UPenn donors were furious about the Palestine Writes Literature Festival. What about it made them pull their funds?
▼ + stars: | 2023-10-25 | by ( Ramishah Maruf | ) edition.cnn.com time to read: +20 min

Gottheimer criticized UPenn for including Waters and Hill as festival speakers in a letter posted the day after the University released its statement. “Situating those individual Palestinians and our allies in league with actual antisemites is wholly irresponsible and dangerous.”At the festival, speakers acknowledged the allegations of antisemitism and denied them. It said they were notified 48 hours before the event Waters wished to show up in person, but that would have required additional security unavailable at short notice. ‘Felt like home’Planning the Palestine Writes Literature Festival took endless hours, according to Abulhawa. Susan Abulhawa, a Palestinian-American writer and human rights activist, speaks at a 2014 Palestine Festival of Literature event at Qasr al Qassem on June 4, 2014 in Beit Wazan, near Nablus, West Bank.

Persons: Liz Magill, Magill, Penn, Roger Waters, Pink Floyd, Rogers, “, Anne Frank, ”, Waters, Andreas Arnold, demagogue, ” Waters, Tala, Fahmawi, Josh Gottheimer, Marc Lamont Hill, Gottheimer, UPenn, ” Hill, Hill, Susan Abulhawa, Amer Zahr, Abulhawa, Ronald Lauder, Marc Rowan, Rowan, Scott Bok, ” Abulhawa, Dalia Al, Ahmad, Palestine — Ibrahim Nasrallah, Elias Khoury, Mahmoud Shukair, Habayeb, Salman Abu Sitta, Mahmoud Darwish, it’s, ” Dalia Al, Viet Thanh Nguyen, Pulitzer, Gary Younge, Nguyen, Younge, Israel, Bernard Schwartz, 92NY, ” Nguyen, ‘, Rob Stothard, ” UPenn, David Magerman, Cliff Asness, Lauder, Dick Wolf, Jon Huntsman, Elizabeth Magill, John Jackson , Jr, ” Rowan, Ed Rendell Organizations: New, New York CNN, The University, Ivy League, CNN, Defamation League, ADL Philadelphia, Jewish Federation of Greater, Pink, US State Department, ADL, Democratic New Jersey Rep, University, Apollo Global Management, ” CNN, The Daily, UN, Assembly, Jewish Chronicle, New York, New York City Jewish, New York Times, Palestine, Palestinian, Facebook, West Bank, Student, Daily Pennsylvanian, Penn, Twitter, Venture, Law, Renaissance Technologies, University of Pennsylvania, CNBC Locations: New York, UPenn, Philadelphia, Israel, Jewish Federation of Greater Philadelphia, Magill, Germany, Nazi, Frankfurt, “ Palestine, Palestine, The, Europe, Canada, British, New, New York City, Palestinian, American, Qasr, Qassem, Beit Wazan, Nablus, West

☆ Every single one of Amtrak's shiny new Acela trains has a manufacturing defect, audit says
▼ + stars: | 2023-10-04 | by ( Hannah Towey | ) www.businessinsider.com time to read: +3 min

All of Amtrak's new Acela trains produced so far have manufacturing defects. AdvertisementAdvertisementAmtrak's new Acela trains could be delayed yet again, according to a new government audit of the $2.1 billion project. Amtrak's Inspector General found manufacturing defects in all 12 of the trainsets and 22 café cars produced so far. Scott Olson/Getty ImagesAmtrak's new high-speed Acela trains, which will have nearly 25% more seats than their predecessor and operate at top speeds of 160 mph, were originally scheduled to launch service in Spring 2021. Amtrak says data provided by Alstom shows the trains are on track for initial revenue launch in 2024.

Persons: General's, —, it's, Scott Olson, General, Laura Mason Organizations: Service, Alstom, Amtrak, Liberty, FRA Locations: Hornell , New York

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