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☆ Janet Yellen didn't name Trump in her big speech, but her fears of his anti-regulation stance loomed large
▼ + stars: | 2024-09-26 | by ( Alice Tecotzky | ) www.businessinsider.com time to read: +4 min

Read previewSpeaking at the US Treasury Market Conference on Thursday, Treasury Secretary Janet Yellen referenced her predecessors — and their mistakes — often. This story is available exclusively to Business Insider subscribers. "In January 2021, I stepped into a Treasury Department whose focus on financial stability had all but disappeared," she said. "Put simply, we were without crucial tools to identify and help respond to risks to financial stability," she said. Related storiesThere's nothing indicating that a second Trump administration would bring a different attitude toward regulation than his first.

Persons: —, Janet Yellen, Donald Trump, Yellen, Trump's, Trump, Steven Mnuchin, Jon Hilsenrath, Kamala Harris Organizations: Service, US Treasury Market Conference, Business, Treasury Department, Federal Reserve, Securities, Exchange, Politico, Trump, Wall Street Locations: Basel III, mull

☆ Boeing union members are angry they lost their pension plan. They’re not likely to get it back
▼ + stars: | 2024-09-22 | by ( Chris Isidore | ) edition.cnn.com time to read: +9 min

Now unions are pushing back, demanding the return of traditional pension plans their members lost in past concession deals. First, a traditional pension plan that pays retirees, or their survivors, a fixed amount of money every month until they die, known as a defined benefit plan. Far less than 1% have only a traditional pension plan. The loss of the traditional pension plan at Boeing 10 years ago is one of the issues driving the strike this year. But the deck is stacked against that kind of reopening of a pension plan at Boeing, even with “pension or bust” signs on the current picket lines.

Persons: International Association of Machinists, Jon Holden, haven’t, Stellantis, John Lawler, Craig Copeland, Lindsey Wasson, unamimously, “, ”, Brian Bryant, Bryant, “ They’re, they’ve, Copeland, they’ll Organizations: New, New York CNN, Boeing, Employers, International Association of, IAM, United Auto Workers, General Motors, Ford, UAW, ”, Research, CNN, Pension, Guaranty Corp, Federal Deposit Insurance Corp, IBM, “ Locations: New York

Here's a full list of the winner's from Sunday night's 76th Primetime Emmy Awards, so far. Supporting actress in a limited or anthology series:WINNER: Jessica Gunning, “Baby Reindeer”Dakota Fanning, “Ripley”Lily Gladstone, “Under The Bridge”Aja Naomi King, “Lessons In Chemistry”Diane Lane, “Feud: Capote vs. The Swans”Nava Mau, “Baby Reindeer”Kali Reis, “True Detective: Night Country”Outstanding reality competition program:WINNER: “The Traitors”“The Amazing Race”“RuPaul’s Drag Race”“Top Chef”“The Voice”Outstanding lead actress in a comedy seriesWINNER: Jean Smart, “Hacks”Quinta Brunson, “Abbott Elementary”Ayo Edebiri, “The Bear”Selena Gomez, “Only Murders in the Building”Maya Rudolph, “Loot”Kristen Wiig, “Palm Royale”Supporting actress in a drama series:WINNER: Elizabeth Debicki, “The Crown Netflix”Christine Baranski, “The Gilded Age”Nicole Beharie, “The Morning Show”Greta Lee, “The Morning Show”Lesley Manville, “The Crown”Karen Pittman, “The Morning Show”Holland Taylor, “The Morning Show”Supporting actress in a comedy series:WINNER: Liza Colón-Zayas, “The Bear”Carol Burnett, “Palm Royale”Hannah Einbinder, “Hacks”Janelle James, “Abbott Elementary”Sheryl Lee Ralph, “Abbott Elementary”Meryl Streep, “Only Murders In The Building”Outstanding lead actor in a comedy series:WINNER: Jeremy Allen White, “The Bear”Matt Berry, “What We Do in the Shadows”Larry David, “Curb Your Enthusiasm”Steve Martin, “Only Murders in the Building”Martin Short, “Only Murders in the Building”D’Pharaoh Woon-A-Tai, “Reservation Dogs”Supporting actor in a drama series:WINNER: Billy Crudup, “The Morning Show”Tadanobu Asano, “Shōgun”Mark Duplass, “The Morning Show”Jon Hamm, “The Morning Show”Takehiro Hira, “Shōgun”Jack Lowden, “Slow Horses”Jonathan Pryce, “The Crown”Supporting actor in a comedy seriesWINNER: Ebon Moss-Bachrach, “The Bear”Lionel Boyce, “The Bear”Paul W. Downs, “Hacks”Paul Rudd, “Only Murders In The Building”Tyler James Williams, “Abbott Elementary”Bowen Yang, “Saturday Night Live”

Persons: Jessica Gunning, Dakota Fanning, “ Ripley, Lily Gladstone, Aja Naomi King, Diane Lane, Nava, Kali Reis, “, ”, Jean Smart, ” Quinta Brunson, “ Abbott, Selena Gomez, Maya Rudolph, ” Kristen Wiig, Elizabeth Debicki, Netflix ” Christine Baranski, Nicole Beharie, Greta Lee, Lesley Manville, Karen Pittman, Holland Taylor, Liza Colón, Zayas, Carol Burnett, Hannah Einbinder, ” Janelle James, ” Sheryl Lee Ralph, Meryl Streep, Jeremy Allen White, Matt Berry, Larry David, Steve Martin, Martin, D’Pharaoh Woon, Billy Crudup, Tadanobu Asano, “ Shōgun, Mark Duplass, Jon Hamm, Takehiro Hira, Jack Lowden, Jonathan Pryce, Ebon Moss, Bachrach, Lionel Boyce, Paul, ” Paul Rudd, ” Tyler James Williams, ” Bowen Yang Organizations: Netflix Locations: “

☆ What this Boeing strike is really all about
▼ + stars: | 2024-09-14 | by ( Allison Morrow | Chris Isidore | ) edition.cnn.com time to read: +6 min

New York CNN —At the heart of the Boeing strike that began Friday is a story about what happens when penny-pinching executives lose the plot and it falls to workers to get everyone back on track. If Boeing were any other business — and not a too-big-fail half of a global duopoly — it almost certainly would have declared bankruptcy. Years of pent-up resentment over Boeing’s mismanagement, combined with pandemic-era inflation and a resurgent labor movement, made this strike inevitable. Ahead of the strike, Ortberg urged workers not to strike while acknowledging their anger over nearly two decades of past contracts that downsized their retirement and health care benefits. Almost exactly one year ago, the United Auto Workers union won historic guarantees from the Big Three automakers after a seven-week strike.

Persons: —, ”, Richard Aboulafia, James McNerney, Aboulafia, Kelly Ortberg, missteps, Ortberg, Jon Holden, “, — who’ve, Dave Calhoun’s, Holden, haven’t, ” Holden, Sharon Block Organizations: New, New York CNN, Boeing, SpaceX, International Association of Machinists, United Auto Workers, Big, UAW, hardball, Harvard Law School’s Center for Labor Locations: New York, January’s, Renton , Washington, Seattle, Virginia, South Carolina, Washington, United States

☆ Here's what the Boeing strike might mean for flyers
▼ + stars: | 2024-09-13 | by ( Rob Wile | ) www.cnbc.com time to read: +3 min

Boeing workers went on strike Friday, the latest disturbance in what has proven a devastating year for the American aircraft manufacturer. Southwest had sharply brought down its delivery target for Boeing aircraft earlier this year. A United spokesperson said the carrier was working with Boeing to understand what the impact to the airline's delivery schedule might be. "There will probably be very little direct impact on consumers as a result of the Boeing strike," Harteveldt told NBC News. The previous Boeing machinists strike, in 2008, lasted nearly two months; however, in a note to clients, Bank of America analyst Ronald Epstein said the latest one could prove as short as a week.

Persons: Jon Holden, Henry Harteveldt, Harteveldt, Ronald Epstein, Boeing's Organizations: Aerospace Machinists, Boeing, Alaska Airlines, Southwest Airlines, International Association of Machinists, Aerospace Workers, Southwest, United, Atmosphere Research, NBC, Bank of America, FAA, Dow Locations: Seattle , Washington, U.S, Southwest, United, Renton , Washington

☆ Over 30,000 Boeing workers are preparing to strike after rejecting a new labor contract
▼ + stars: | 2024-09-13 | by ( Shubhangi Goel | ) www.businessinsider.com time to read: +3 min

Read previewOver 30,000 Boeing workers, or about 20% of the company's employees, are preparing to strike on Friday after rejecting a new labor contract. Workers in Washington and Oregon voted against an agreement that Boeing and the labor union for machinists and aerospace workers proposed on Sunday. The vote was the first full contract vote in 16 years. The tentative labor contract, which included a pay increase over four years, was touted as another win for the beleaguered company. The proposal left workers unsatisfied, Jon Holden, president of the IAM's district 751 and lead negotiator on the Boeing contract, told Reuters on Monday.

Persons: —, Max, Kelly Ortberg, Ortberg, TD Cowen, Jon Holden, Holden Organizations: Service, Workers, Boeing, Business, International Association of Machinists, Aerospace Workers, IAM, Reuters Locations: Washington, Oregon, Boeing's, North America, Pacific Northwest, California, Renton , Washington, Seattle, IAM's

☆ Boeing strike 2024: IAM union members set to strike early Friday after vote against proposed deal
▼ + stars: | 2024-09-13 | by ( Chris Isidore | Vanessa Yurkevich | ) edition.cnn.com time to read: +6 min

New York CNN —Union members at Boeing overwhelmingly rejected a proposed a four-year contract with the troubled aircraft manufacturer, authorizing the first strike at the company in 16 years, said the International Association of Machinist (IAM) union. It also increased job security for union members, because Boeing promised to build its next commercial jet, which has yet to be announced, at a unionized plant. But 95% of members of the IAM union voted against the deal. In a separate vote 96% voted to authorize a strike, easily clearing the two-thirds threshold needed to approve a walkout. Boeing has nearly 150,000 US employees, including the 33,000 IAM union members.

Persons: ”, Jon Holden, Kelly Ortberg, “, Max, Holden, we’ve Organizations: New, New York CNN — Union, Boeing, International Association of, IAM, Alaska Airlines, Federal Aviation Administration, US Justice Department Locations: New York, Alaska

☆ Chad McQueen, ‘Karate Kid’ star and son of Steve McQueen, dead at 63
▼ + stars: | 2024-09-13 | by ( Lianne Kolirin | ) edition.cnn.com time to read: +3 min

CNN —Actor Chad McQueen, son of Hollywood legend Steve McQueen, has died at age 63. McQueen starred as Dutch opposite lead actor Ralph Macchio in the "Karate Kid" movies. Actor Steve McQueen relaxes with his daughter Terry and his son Chad as he stars in the movie "Le Mans" in Le Mans, France on June 24, 1971 . Posting on X, Hurwitz described McQueen as a “Karate Kid legend,” adding: “Unfortunately, Chad was unable to join us when it came time to shoot. He kicked ass.”He added: “The fandom mourns a Karate Kid legend today.

Persons: Chad McQueen, Steve McQueen, McQueen, Ralph Macchio’s, Arthur H, Barens, Jeanie Galbraith, Chase, Madison, Ralph Macchio, ” McQueen, Steven R, McQueen –, “, ” Chad McQueen, Steve McQueen ”, Terry, Chad, Henri, ”, McQueen’s, you’re, Jon Hurwitz, “ Cobra Kai, Hurwitz Organizations: CNN, Dutch, Associated Press, Columbia Pictures, AP, Le, Netflix Locations: Le Mans, France, Mexico, Madison

☆ Boeing workers overwhelmingly reject contract, prepare to strike
▼ + stars: | 2024-09-13 | by ( Leslie Josephs | ) www.cnbc.com time to read: +1 min

Boeing Co. workers and supporters hold signs outside the Aerospace Machinists Union District 751 Hall ahead of a vote on the union contract in Renton, Washington, US, on Thursday, Sept. 12, 2024. More than 30,000 Boeing workers were set to strike Friday, halting production of most of the company's aircraft after staff overwhelmingly rejected a new labor contract. Workers in the Seattle area and in Oregon voted 94.6% against a tentative agreement that Boeing and the International Association of Machinists and Aerospace Workers unveiled Sunday. They voted 96% to strike, far more than the two-thirds vote required for a work stoppage. He characterized it as an "unfair labor practice strike," alleging that factory workers had experienced "discriminatory conduct, coercive questioning, unlawful surveillance and we had unlawful promise of benefits."

Persons: Jon Holden, Boeing didn't Organizations: Boeing Co, Aerospace Machinists, Boeing, Workers, International Association of Machinists, Aerospace Workers Locations: Renton , Washington, US, Seattle, Oregon

☆ Boeing faces strike threat as workers vote on new contract
▼ + stars: | 2024-09-12 | by ( Leslie Josephs | ) www.cnbc.com time to read: +2 min

Boeing workers are voting on a new labor contract on Thursday, setting up the potential for a crippling strike if staff members decide to reject the deal just as the plane maker is trying to ramp up its production. "I know the reaction to our tentative agreement with the IAM has been passionate," he wrote in his staff note. The union, which represents about 33,000 Boeing factory workers in the Seattle area and in Oregon had sought some 40% pay raises from Boeing. But the 25% increase would be in line with the United Auto Workers' deal last year that followed strikes at Ford , General Motors and Chrysler parent Stellantis. If approved, the Boeing deal would follow a series of union-negotiated pay increases across industries ranging from Hollywood to airlines.

Persons: Kelly Ortberg, Jon Holden Organizations: Boeing, International Association of Machinists, Aerospace Workers, IAM, United Auto Workers, Ford, General Motors, Chrysler Locations: Seattle, Renton , Washington, Everett , Washington, Ortberg, Oregon, Hollywood

☆ Boeing faces strike threat as union members vote on tentative labor deal today
▼ + stars: | 2024-09-12 | by ( Chris Isidore | Vanessa Yurkevich | ) edition.cnn.com time to read: +7 min

Among other benefits increases, the contract would increase union members’ pay by last least 25% over four years. Union members have launched a series of protests this week outside of Boeing plants and may ultimately reject the new contract union leaders negotiated with Boeing management. The deal will be officially approved if more than 50% of the members vote in favor of the tentative agreement. That would prevent a strike, no matter how many workers vote to strike. If just more than a third of members vote against a strike, then the contract takes effect, no matter the results of the ratification vote.

Persons: we’ve, Kelly Ortberg, Jon Holden, ” Holden, Ortberg, “, ”, Holden Organizations: New, New York CNN —, Boeing, Union, Alaska Airlines, International Association of Machinists, IAM, The Seattle Times, CNN Locations: New York, Oregon, Seattle, What’s, Washington

☆ Why some Boeing employees aren't happy with a proposed 25% pay increase over 4 years
▼ + stars: | 2024-09-10 | by ( Lian Kit Wee | ) www.businessinsider.com time to read: +1 min

Boeing's new tentative labor contract offers a 25% increase to Seattle employees over four years. Some union members are unsatisfied with the new contract, which falls short of their ask: a 40% pay rise. Go to newsletter preferences Thanks for signing up! AdvertisementBoeing's new tentative labor contract, which includes a pay increase over four years, has been touted as another win for the beleaguered company. The company's tentative contract, proposed on Sunday, would increase its workers' general wages by 25% over the length of the four-year contract.

Persons: —, Jon Holden Organizations: Seattle, Employees, Service, Boeing, Reuters, Business Locations: IAM's, Seattle

Tracking Attacks in the First Harris-Trump DebateThe New York Times will be tracking speaking time during the only scheduled debate between Vice President Kamala Harris and former President Donald J. Trump. We will break it down by topic and measure how much time the candidates spend attacking each other. Harris Waiting for data ... Trump Waiting for data ... It is also the first debate since President Biden exited the race after his disastrous showing with Mr. Trump in June. 0:53How tonight’s attacks compare with previous debatesPercentage of time the candidates spend attacking each other’s policies and character.

Persons: Harris, Kamala Harris, Donald J, Trump, Biden Organizations: New York Times, Trump Time, Siena College, Mr, Energy Locations: Russia, Ukraine, Israel

☆ Boeing reaches deal with union to avoid strike
▼ + stars: | 2024-09-08 | by ( Chris Isidore | ) edition.cnn.com time to read: +5 min

New York CNN —Boeing and the Machinists union, which represents 33,000 of its employees on the West Coast, have reached a tentative deal that could avoid a strike that had been set to start this Friday. Before it will take effect, the deal would need the approval of the rank-and-file union members who build commercial jets. But leadership of the union praised the tentative deal and said it achieved the union’s goals. The deal represents Boeing’s biggest pay raise for union members. The deal also includes increased job security for union members with a promise to build the next new airplane at one of the union-represented plants in the Puget Sound region.

Persons: “, “ We’ve, ” Stephanie Pope, Max, ” Jon Holden, Brandon Bryant, Dave Calhoun, ” Calhoun, “ We’re, we’re, ”, Kelly Ortberg Organizations: New, New York CNN, Boeing, International Association of Machinists, Aerospace Workers, Boeing’s, Puget, Boeing Boeing, Alaska Airlines, UPS, General Motors, Ford, Union, ” Company Locations: New York, West Coast, South Carolina, Seattle, Portland , Oregon

☆ Everyone wants to live in a Nancy Meyers home, but it won't happen overnight
▼ + stars: | 2024-08-13 | by ( Samantha Grindell | ) www.businessinsider.com time to read: +9 min

The quote encapsulates the role homes play in all of Nancy Meyers' films, from "Something's Gotta Give" to "The Parent Trap." AdvertisementThe homes in Nancy Meyers' movies feel true to lifeAs of Monday, there were over 8,000 videos on TikTok with #nancymeyersaesthetic. Diane Keaton in the Nancy Meyers movie "Something's Gotta Give." AdvertisementFor instance, some people fixate on the kitchens in Meyers' movies, ogling over the massive islands or farmhouse sinks they feature. Camille Alexandra InteriorsHutman said to remember that you don't need to spend a fortune to find furniture that reflects the Meyers aesthetic today.

Persons: —, George Banks, Steve Martin, George, Nancy Meyers, Meyers, Sarah Horton's, Horton, Erica Barry's, Iris, Sarah Horton, Sarah Horton Camille Meza, Ruiz, Camille Alexandra Interiors, Meza, Jon Hutman, Hutman, Ariana Madix, Katie Maloney's, Diane Keaton, Erica Barry, Harry Sanborn, Lily, Camille Meza, Camille Alexandra Interiors Hutman Organizations: Service, Business, Warner Bros . Pictures, Columbia, Facebook Locations: California, Nancy, Newport Beach , California

Grant Holloway of the U.S. had won three straight world championships in the event, but it was his narrow loss at the Tokyo Olympics that motivated him ahead of this final. Redemption came in the form of an excellent start, and he fended off late challenges to win gold.

Persons: Grant Holloway Organizations: Tokyo

☆ Disney is hoping for a box office rebound built on sequels, prequels and pixie dust
▼ + stars: | 2024-08-10 | by ( Sarah Whitten | ) www.cnbc.com time to read: +8 min

Yet, the company's post-pandemic box office was also beset by executive decisions to increase content production to pad its fledgling streaming service Disney+. As the company seeks to rebuild its reputation and recapture magic at the box office, it is relying heavily on existing, and beloved, franchises. Revisiting old favoritesHeading into D23, Disney had two major box office successes under its belt from two major franchises. Its latest Pixar film, "Inside Out 2," is now the highest-grossing animated film of all time, topping $1.5 billion at the global box office. Robert Downey Jr. speaks onstage during the Marvel Studios Panel in Hall H at SDCC in San Diego, California on July 27, 2024.

Persons: Bob Iger, Araya Doheny, Iger, —, Auli'i Cravalho, Dwayne Johnson, Disney, Elio, Adrian Molina, Zoe Saldana, Jon Hamm, Bobby Moynihan, Mando, Grogu, Cassian Andor, Jude Law, jettison, Thanos, Kevin Feige, San Diego Comic Con, Robert Downey Jr, Doom, Jesse Grant Organizations: Walt Disney Company, Disney Entertainment, Getty, Honda Center, Disney, Disney's, Pixar, Walt Disney Studios, Lucasfilm, stormtroopers, ATs, Galactic, Star, Marvel, Marvel Studios, San Diego Comic Locations: Anaheim , California, Hollywood, SDCC, San Diego , California

☆ Boeing's new outsider CEO Ortberg takes the helm, this time from the factory floor
▼ + stars: | 2024-08-08 | by ( Leslie Josephs | ) www.nbcnews.com time to read: +8 min

Aerospace veteran Robert “Kelly” Ortberg becomes Boeing’s new CEO on Thursday with a singular mission: restoring the reputation of a U.S. manufacturing icon. Boeing's new CEO, Robert "Kelly" Ortberg. Ortberg’s Day 1 activity is walking the floor of Boeing’s factory in Renton, Washington, where it builds its bestselling but problematic 737 Max. The airline’s CEO hinted at the big feat Ortberg has ahead of him. “We look forward to working with Kelly Ortberg in his efforts to return Boeing to its place as the leading American aerospace company,” CEO Bob Jordan said in a written statement.

Persons: Robert “ Kelly ” Ortberg, Robert " Kelly, Ortberg, ”, Rockwell Collins, Richard Aboulafia, ” Ortberg, Boeing’s, Butch Wilmore, Suni Williams, Ron Epstein, “, isn’t, ” Jon Holden, Dave Calhoun, Calhoun, Dennis Muilenburg, Max, Chicago —, Kelly Ortberg, Bob Jordan, —, Michael Sheetz Organizations: Boeing, AFP, Getty, Ortberg’s, National Transportation, Air Force One, NASA, SpaceX, International Space, Airbus, Bank of America, International Association of Machinists, Aerospace Workers, Arlington , Virginia —, ”, Southwest Airlines Locations: U.S, Renton , Washington, Portland , Oregon, “, Washington state, Oregon, Arlington , Virginia, Chicago, Seattle, American

With only days to consider a range of contenders, Ms. Harris and her team were inundated with unsolicited advice — much of it public — about whom she should pick. Andy Beshear of Kentucky, who has also been vetted by the Harris team, appeared at a Harris campaign fund-raiser in Chicago. Mr. Biden was at home in Wilmington, Del., over the weekend while Ms. Harris interviewed prospective running mates in Washington. A White House spokesman did not immediately respond to a request for comment about whether he had spoken to Ms. Harris as she finished her deliberations. Once she chooses, Ms. Harris will spend much of the next week with her running mate.

Persons: Kamala Harris, Harris, Barack Obama, Harris’s, —, Josh Shapiro, Tim Walz, Donna Brazile, “, you’re, Brazile, Paul, Caroline Yang, Obama, Shapiro, Nancy Pelosi, Walz, Pelosi, I’m, Nancy, Gerry Connolly, Ms, there’s, Kamala, it’s, Andy Beshear, Biden, Rachel Wisniewski, . Walz, Mark Kelly, Jen O’Malley Dillon, Sheila Nix, Tony West, Cedric Richmond, Eric H, Holder Jr, Dana Remus, Theodore Schleifer, Nicholas Nehamas, Christina Morales Organizations: Democratic Party, Democratic, Pennsylvania, Democratic National Committee, The New York Times, CNN, Democrat, White Locations: Atlanta, Philadelphia, Gaza, Minnesota, St, Virginia, Minneapolis, Kentucky, Chicago, Washington, Arizona, Wilmington, Del, San Francisco

Mr. Shapiro has said his views have evolved in the years since writing an opinion essay critical of Palestinians when he was a college student. Mr. Shapiro, 51, has embraced his Jewish identity and been one of the Democratic Party’s staunchest defenders of Israel at a moment when the party is splintered over the war in Gaza. “Something I wrote when I was 20, is that what you’re talking about?” Mr. Shapiro told a reporter who asked him about it. He has also not shied away from criticizing college administrators over their response to campus antisemitism, including at the University of Pennsylvania. If Ms. Harris chooses Mr. Shapiro to be her running mate, he will become only the second Jewish vice-presidential nominee on a major-party ticket.

Persons: Josh Shapiro, Shapiro, Kamala Harris, ”, “, ” Mr, Mr, ” Ahmet Tekelioglu, Shapiro’s, Manuel Bonder, Harris, Joseph I, Lieberman, Al Gore, Jon Hurdle, Katie Glueck Organizations: Democratic Party’s, University of Rochester, Campus Times, Israel, Israeli Army, Cheyney University of Pennsylvania, Philadelphia Inquirer, Islamic, University of Pennsylvania, Jewish Locations: Horsham, Pa, Pennsylvania, Israel, Gaza, New York, United States, “, Philadelphia, Connecticut

Amid talk of the Olympic pool being “slow” because of its relatively shallow depth, China’s Pan Zhanle is the only swimmer so far to set a world record. He beat the rest of the field by more than a second, wide margins for a sprint event. Race is shown at 4x speed.

Persons: Zhanle

☆ RIMPAC: US Air Force B-2 bomber used in exercise to sink surface ship with low-cost bomb
▼ + stars: | 2024-07-27 | by ( Brad Lendon | ) edition.cnn.com time to read: +9 min

Earlier this month, the US and allies practiced taking out a large surface ship with long-range weapons, including, for the first time, a US Air Force B-2 bomber. It showed the US military can use one of its most survivable weapons platforms, the B-2 Spirit stealth bomber, to sink a major surface ship with a low-cost guided bomb. The Air Force says its stealthy characteristics allow it to penetrate heavily defended areas and also fly with a small chance of being detected by radar at high altitudes. Mating it up with relatively cheap and demonstrably effective precision-guided bombs with warheads of up to 2,000 pounds could give the Air Force bombers the “anti-ship lethality” of a submarine-launched torpedo without the liabilities of a submarine, according to a US Air Force website. The Air Force first tested QUICKSINK in 2022, when an F-15 fighter jet released a GBU-31 Joint Direct Attack Munition (JDAM) that destroyed a full-scale surface target in the Gulf of Mexico, according to an Air Force statement.

Persons: ”, Seleena Muhammad, QUICKSINK, Carl Schuster, ” Schuster, Jon Husman, Alessio Patalano, Mark Hammond, Australia’s, “, LSIS Daniel Goodman, USS Fitzgerald, John Wade, RIMPAC, John Bradford, ” Bradford, Zhongping Organizations: South Korea CNN, US Air Force, US, Air Force, Munitions, Royal Air Force, U.S . Air Force, Navy, Air Force Research, Liberation Army Navy, PLAN, US Pacific Command Joint Intelligence Center, U.S . Navy, King’s College, US Navy, Ship, 3rd Fleet, Royal Australian Navy, Naval, Australia, Royal Australian, Kongsberg Defence & Aerospace, US Navy destroyer, US Marine Corps, Task Force, Foreign Relations International Affairs, Times, PLA Navy, Global Times, ” Global Times Locations: Seoul, South Korea, Kauai, China, Tarawa, England, U.S, Gulf of Mexico, Pacific, Taiwan, Philippines, Japan, London, Oahu, Hawaii, Norwegian, USS Dubuque, ‘, Malaysia, Netherlands, China China, Asia, Taiwan Strait, South China

☆ Harris' Wall Street allies strategize on private call, Rubin, Lasry, Wolf among them
▼ + stars: | 2024-07-24 | by ( Brian Schwartz | ) www.cnbc.com time to read: +1 min

U.S. Vice President and Democratic presidential candidate Kamala Harris arrives to boards Air Force Two at Joint Base Andrews in Maryland, U.S. on July 24, 2024. Vice President Kamala Harris' allies on Wall Street huddled on a private Zoom call Wednesday to strategize how to defeat former President Donald Trump, according to people familiar with the matter. The call featured dozens of major financiers backing Harris, and lasted over an hour. Those who spoke to CNBC did so anonymously in order to speak freely about private matters. "We need to raise a ton of money," said someone on the call, describing the first portion of the conversation.

Persons: Kamala Harris, Donald Trump, Harris, Marc Lasry, Blair Effron, Ray McGuire, Robert Rubin, Tony Coles, Paul, Weiss, Brad Karp, Robert Wolf, Brian Mathis, Jon Henes, Joe Biden, Rufus Gifford Organizations: Democratic, Air Force, Joint Base Andrews, Avenue Capital, Centerview Partners, Lazard, C, Advisory, CNBC Locations: Maryland, U.S

☆ Elon Musk praises the first prime minister of Singapore as 'brilliant' in response to a glowing blog post about the country's airport
▼ + stars: | 2024-07-19 | by ( Aditi Bharade | ) www.businessinsider.com time to read: +5 min

Read previewElon Musk said that Singapore's first prime minister, touted as the country's founding father, was a "brilliant" man. Mack wrote about Lee's efforts in conceiving Singapore's Changi Airport, which has been named the world's best airport 12 times by London-based research firm Skytrax. Singapore's award-winning Changi Airport. John Seaton Callahan/Getty ImagesBefore Singapore's Changi Airport became operational in 1981, the island state had a small commercial airport located inland on the east side of Singapore, called Paya Lebar Airport. The country's largest public universities, National University of Singapore and Nanyang Technological University, ranked 8th and 15th, respectively, in the 2025 QS top universities rankings.

Persons: —, Elon Musk, George Mack, Lee Kuan, Mack, d1C60XIvNA — Elon, Musk, Lee, Singapore's, John Seaton Callahan, Skytrax, Martin Puddy, Liu Thai Ker, Jon Hicks, it's Organizations: Service, SpaceX, Business, Changi, Changi Airport, Singapore's Changi, Airport, Changi Airport's, Business Times, The New York Times, Financial, Singapore Crowds, Getty, National University of Singapore, Nanyang Technological University, QS, Cornell, Princeton, Yale Locations: London, Singapore, Paya, Changi, Southeast Asia, Malaysia, Asia, Hong Kong, Singapore's Orchard

TuesdaySeveral Senate candidates and House leaders joined Mr. Trump in the box over the course of Tuesday night. Eric Trump Donald J. Trump Senator J.D. Mr. Trump responded with applause, flanked by Mr. Vance and Representative Steve Scalise of Louisiana, the House majority leader. Walt Nauta, Trump’s valet Vanessa Trump Massad Boulos Ronan Anthony Villency Linda McMahon, business executive Kimberly Guilfoyle Kai Trump Eric Trump Lara Trump Michael Boulos Issac Perlmutter Laura Perlmutter Donald Trump Jr. Usha Vance Donald J. Trump Gov. Vance, Ohio Melania Trump Eric Trump Donald Trump Jr. Photo by Hiroko Masuike/The New York Times

Persons: Hiroko Masuike, Donald J, Trump’s, Trump, J.D, Vance of, Byron Donalds of, Katie Britt, Ala, Sarah Boulos, Ronan Anthony Villency, Massad Boulos, Tiffany’s, David Sacks, Donald Trump Jr, Kimberly Guilfoyle Eric Trump Lara Trump Tiffany Trump Michael Boulos, Tiffany's, Tucker Carlson, Byron Donalds, Ohio Mike Johnson, Kelly Johnson, Mike Johnson’s, Trump Sarah Boulos, Kimberly’s, Eric Trump Donald Trump Jr, Kimberly Guilfoyle Lara Trump Tiffany Trump Michael Boulos, Ohio Tucker Carlson, Trump Mike Johnson, Eric Trump, Lara Trump, Kimberly Guilfoyle, Tiffany Trump, Michael Boulos, Donald Trump , Jr, Vance, Mike Johnson, Massad, Ken Paxton, Markwayne Mullin, Okla, Marsha Blackburn, Ronny Jackson, Rick Scott, Brian Mast, Anna Paulina Luna, Matt Gaetz, Marjorie Taylor Greene, Cory Mills, Sarah Huckabee Sanders, Ark, Eric Trump Donald J, Tom Emmer, Elise Stefanik, Tiffany Trump Michael Boulos Eric Trump Donald J, Steve Scalise, Kyle Yunaska, Lara Trump’s, Robert Luke Yunaska, Michael Boulos Tiffany Trump Eric Trump Linda Ann Sykes, Lee Zeldin, Jim Banks, Eric Schmitt, Haiyun Jiang, Glenn Youngkin, Marco Rubio, Callista Gingrich, Newt Gingrich, Mary Miller, Dale Strong, Nicole Malliotakis, Lisa McClain, Callista Gingrich Amber Rose, Troy Nehls, Troy Nehls , Texas Ronan Anthony Villency Mike Johnson Isaac Perlmutter, Laura Perlmutter, Lauren Boebert, Jeanette Rubio, Marco Rubio’s, Greg Abbott, Monica De La, Monica De La Cruz , Texas Newt Gingrich, Todd Heisler, Vance’s, Usha Vance, Doug Burgum, Kai Trump, Trump's, ” Walt Nauta, Jason Smith, Mo, Boris Epshteyn, Ronan Anthony Villency Kai Trump Vanessa Trump, Kimberly Guilfoyle Linda McMahon, Lara Trump Usha Vance Eric Trump Michae, Laura Perlmutter Issac Perlmutter Donald J, Mike Johnson Gov, Texas Bev Vance, Walt Nauta, Vanessa Trump Massad Boulos Ronan Anthony Villency Linda McMahon, Kimberly Guilfoyle Kai Trump Eric Trump Lara Trump Michael Boulos Issac Perlmutter Laura Perlmutter Donald Trump Jr, Usha Vance Donald J, Mike Johnson Bev Vance, Jamie Kelter Davis, Ivanka, Jared Kushner, Melania, Ronan Anthony Villency Steve Witkoff, Dan Bongino, Kai Trump Laura Olaya, Tiffany Trump Michael, Vanessa Trump Jared Kushner Ivanka Trump, Hulk’s, Hulk Hogan Kimberly Guilfoyle Lara Trump Usha Vance, Vance , Ohio Melania Trump Eric Trump Donald Trump Jr Organizations: New York Times, Republican, Convention, Fox News, Trump, New York, House, Mr, Republicans, Rep, Michael, Tiffany Trump Gov, Texas Rep, Trump Rep, Gov, Republican National Committee, Ill, Monica De La Cruz , Texas Gov, Trump Gov, The New York, The New York Times, Daily Locations: Trump’s, Vance of Ohio, Byron Donalds of Florida, Fla, Vance, Ohio, Ala, Ken Paxton , Texas, Tenn, Texas, Ga, Vance , Ohio, Minn, N.Y, Massad, Louisiana, Bird , Iowa, La, Ind, Mo, Virginia, Marco Rubio of Florida, Mich, Troy Nehls , Texas, Colo, Monica De La Cruz , Texas, Va . Rep, North Dakota

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