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☆ Delta CEO called last week's FAA outage 'unacceptable' and said the agency needs more funding
▼ + stars: | 2023-01-17 | by ( Taylor Rains | ) www.businessinsider.com time to read: +3 min

Air traffic was temporarily halted last week after an FAA system, known as Notice to Air Missions, crashed. Over 10,000 flights were delayed, but Delta Air Lines CEO Ed Bastian said he doesn't blame the agency. Senate Majority Leader Chuck Schumer is pushing to confirm President Joe Biden's pick for FAA Administrator. In a separate interview, American Airlines CEO Rob Isom told CNBC that there needs to be more investment in FAA technology. "With recent events, including airline troubles and last week's tech problem, this agency needs a leader confirmed by the Senate immediately."

☆ Trump called E. Jean Carroll's lawyer a 'political operative' and 'a disgrace' during a contentious deposition, and threatened to sue her
▼ + stars: | 2023-01-13 | by ( Ashley Collman | ) www.businessinsider.com time to read: +4 min

Portions of Trump's deposition in E. Jean Carroll's defamation suit were unsealed Friday. In it, he attacks Carroll's attorney, Roberta Kaplan, threatening to sue her personally. At another point in the deposition Trump referred to Kaplan as being friends with "Cuomo." Carroll's deposition currently has a trial date set for April 10, but it's unclear if it will make it that far. Carroll initially wasn't able to sue Trump for the alleged assault, because the statute of limitations had expired.

☆ Oil rises on demand optimism as China borders reopen
▼ + stars: | 2023-01-09 | by ( Jeslyn Lerh | ) www.reuters.com time to read: +3 min

Companies Baker Hughes Co FollowSINGAPORE, Jan 9 (Reuters) - Oil prices climbed on Monday as the borders reopened in China, the world's top crude importer, boosting the outlook for fuel demand growth and offsetting global recession concerns. Brent crude futures were up $1.49, or 1.9%, at $80.06 a barrel as of 0745 GMT, while U.S. West Texas Intermediate crude rose $1.43, or 1.9%, to $75.20. Those concerns are reflected in the market structure for the benchmark oil futures. ,"Oil prices have likely ticked up on increased confidence on China's reopening, but fears of recession in the wider global market remains. This uncertainty will likely lead to swings in oil prices in the near-term," said Serena Huang, Vortexa's head of APAC analysis.

Companies Baker Hughes Co FollowSINGAPORE, Jan 9 (Reuters) - Oil prices climbed on Monday as the borders reopened in China, the world's top crude importer, boosting the outlook for fuel demand growth and offsetting global recession concerns. Brent crude futures rose 90 cents, or 1.2%, to $79.47 a barrel at 0520 GMT, while U.S. West Texas Intermediate crude was up 90 cents, or 1.2%, at $74.67. Despite the gains in oil on Monday, concerns remain that the massive flow of Chinese travellers may cause another surge in COVID infections. Those concerns are reflected in the market structure for the benchmark oil futures. Energy futures for crude oil, refined products and natural gas have plummeted in the New Year as traders have reconsidered near-term worries over cold weather and fears of supply shortages and dumped contracts.

☆ Has inflation finally peaked?
▼ + stars: | 2023-01-08 | by ( Paul R. La Monica | ) edition.cnn.com time to read: +6 min

But for investors, consumers and the Federal Reserve, inflation remains a major economic concern, just as it was in 2022. The hope is that inflation pressures will cool even more dramatically as the year progresses. We believe inflation peaked in June,” said Nancy Tengler, CEO and chief investment officer with Laffer Tengler Investments, in a report. Inflation impact on the Fed and housingWhat’s more, lower levels of inflation should allow the Fed to keep slowing its pace of interest rate hikes. But if inflation pressures continue to abate – and the Fed acknowledges that by pulling back on rate hikes – then the housing market may rebound.

☆ Virginia school district where 6-year-old allegedly shot teacher has had three school-related shootings in 17 months
▼ + stars: | 2023-01-07 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Mirna-Alsharif-Byline-Jm.Jpg | Mirna Alsharif | ) www.nbcnews.com time to read: +5 min

The Virginia school district where a 6-year-old allegedly intentionally shot a teacher on Friday has had three instances of gun violence on district property in the past 17 months. Newport News Public Schools consists of 26,500 students, and includes three early childhood centers, 24 elementary schools, seven middle schools and five high schools, according to the district's website. Newport News Public Schools Superintendent George Parker III did not immediately respond to requests for comment. Hanan Daoud, who also has children within the school district, agrees. Daoud told NBC News she recalled feeling "paralyzed" after hearing that there had been a shooting in the school district on Friday.

☆ NHL roundup: Connor McDavid hits milestone in Oilers' win
▼ + stars: | 2023-01-06 | by ( ) www.reuters.com time to read: +7 min

Barzal is on a career-best, five-game goal streak, and he has six goals and two assists during that span. Vancouver goaltender Collin Delia made 30 saves, while Elias Pettersson, Oliver Ekman-Larsson and Ilya Mikheyev each collected two assists. Ty Smith also scored for Pittsburgh, which lost its sixth straight game, just one off matching its longest losing streak of the season. Nicolas Aube-Kubel, Martin Fehervary and Garnet Hathaway also scored, Dylan Strome had three assists, and Darcy Kuemper made 25 saves. Washington has won a franchise-record seven straight road games and is 7-0-2 in its past nine games overall and 12-2-3 in its past 17.

☆ Six-year-old boy shoots and gravely wounds teacher in Virginia school
▼ + stars: | 2023-01-06 | by ( Daniel Trotta | ) www.reuters.com time to read: +2 min

Jan 6 (Reuters) - A 6-year-old boy shot and wounded a teacher on Friday at Richneck Elementary School in Newport News, Virginia, police said, prompting consternation from local officials who vowed to find answers and prevent such an event from happening again. The injury to the teacher, a woman in her 30s, was considered life-threatening, though she had shown some improvement in the hospital, Police Chief Steve Drew told reporters. Students were reunited with their parents under a school escort, Drew said. In the same news conference, schools superintendent George Parker lamented educators' inability to keep guns out of school, saying he was "shocked" and "disheartened". Parker said all school campuses are equipped for random metal detector searches but they were not deployed at Richneck Elementary on Friday.

New York CNN —New York City public schools will ban students and teachers from using ChatGPT, a powerful new AI chatbot tool, on the district’s networks and devices, an official confirmed to CNN on Thursday. “Due to concerns about negative impacts on student learning, and concerns regarding the safety and accuracy of content, access to ChatGPT is restricted on New York City Public Schools’ networks and devices,” Jenna Lyle, the deputy press secretary for the New York public schools, said in a statement. New York City appears to be the first major school district to crack down on ChatGPT, barely a month after the tool first launched. While there are genuine concerns about how ChatGPT could be used, it’s unclear how widely adopted it is among students. But many educators fear students will use the tool to cheat on assignments.

☆ NHL roundup: Alex Tuch, Sabres knock off Bruins in OT
▼ + stars: | 2023-01-01 | by ( ) www.reuters.com time to read: +9 min

Ukko-Pekka Luukkonen made 37 saves for Buffalo, facing 11 shots in the second period and 19 more in the third. Nic Dowd had a goal and an assist, while Dylan Strome, Anthony Mantha and Garnet Hathaway also scored. Emil Bemstrom and Kirill Marchenko also scored for the Blue Jackets in the comeback victory over the NHL's last-place team. They netted goals three times in the second, including Alex Killorn's go-ahead breakaway goal for a 4-3 lead. Stamkos scored his 498th career goal and had an assist, and Brayden Point notched a goal and a helper.

☆ NHL roundup: Connor McDavid extends point streak to 16 in Oilers' win
▼ + stars: | 2022-12-28 | by ( ) www.reuters.com time to read: +6 min

December 28 - Connor McDavid scored the winning goal in the third period to run his point-scoring streak to 16 games and lead the visiting Edmonton Oilers to an entertaining 2-1 victory over the Calgary Flames on Tuesday. Ilya Sorokin made 20 saves as the Islanders won their second straight -- their first winning streak since a four-game run Nov. 21-26. Los Angeles goalie Pheonix Copley made 23 saves to extend his personal win streak to five games. New York lost for the second time in three games following a seven-game winning streak. Evan Rodrigues and Mikko Rantanen also scored while Alexandar Georgiev made 27 saves for the Avalanche, whose four-game winning streak ended.

☆ EV startup Canoo claims former execs joined the company just so they could steal its secrets — and launch a rival automaker
▼ + stars: | 2022-12-27 | by ( Alexa St. John | ) www.businessinsider.com time to read: +5 min

Electric vehicle maker Canoo is suing some of its former employees who launched a rival company. Canoo claims the employees used Canoo trade secrets and IP for their new startup, Harbinger. Harbinger, a Los Angeles-based EV-maker that launched in September, is led by a team of former Canoo, Faraday Future, and QuantumScape executives. A Canoo spokesperson told Insider in a statement Tuesday that, "As this lawsuit demonstrates, we take the protection of our IP seriously." Several former Canoo employees have announced plans to join Harbinger on LinkedIn in recent months.

☆ These twins started companies together and other cofounders can learn a lot from them about rivalries, comparisons and being close to your business partner
▼ + stars: | 2022-12-18 | by ( Ryan Hogg | ) www.businessinsider.com time to read: +12 min

Having a business partner you are personally close to can be a huge benefit, they said. Torsten Pieper, an academic at UNC Charlotte, told Insider that twins having distinct roles in a business can be beneficial. Research from the Institute for Family Business showed companies that promote themselves as family-run can gain greater trust and are better placed to attract talent. Phan said family businesses inherently care about their communities, because their identity is often attached to the community where they work. As long as we're together, that's greatAll the twins said their businesses have changed the nature of their relationships.

☆ An influx of natural disasters and rising storm-recovery costs means Americans will have to pay pricier utility bills for decades
▼ + stars: | 2022-12-11 | by ( Jordan Hart | ) www.businessinsider.com time to read: +2 min

Utility bills are costing Americans more than ever, thanks to natural disasters rocking power grids. Companies have taken on billions in debt to strengthen their grids against storms, according to WSJ. One in six US households are behind on their utility bills, the National Energy Assistance Directors' Association reported. According to a November release from the National Energy Assistance Directors' Association, one in six households in the US are behind on their utility bills. The families owe a total of $16.1 billion as of August 2022, an $8 billion increase from December 2019.

☆ Why aluminum plants in the U.S. are far more polluting than some of their counterparts abroad
▼ + stars: | 2022-12-06 | by ( Phil Mckenna | Inside Climate News | ) www.nbcnews.com time to read: +15 min

A plant worker uses a crane to lift a cask of molten aluminum a Century Aluminum Company plant in Hawesville, Ky. in 2017. Of the five remaining facilities, only the Century Aluminum Sebree plant in Robards, which employs 625 workers, and a smaller Alcoa plant in Massena, New York, run at full capacity. Phillip McKenna/NBC NewsSteinsen, of Century Aluminum, said the company has no plans to shut down its Sebree facility in Robards. In 2015, when the U.S. aluminum production was in steep decline, the EPA ended its industry partnership. In 2019, 7,510 metric tons of PFCs were emitted from global aluminum production, according to a study published last year in the Journal of Geophysical Research — Atmospheres.

☆ Some students are graduating college with 'unmanageable' debt — but it's not their fault, a government watchdog finds
▼ + stars: | 2022-12-06 | by ( Ayelet Sheffey | ) www.businessinsider.com time to read: +5 min

Specifically, 91% of colleges are understating the net price, which can mislead students into taking on more debt. Current federal law does not require colleges to follow standards when presenting financial aid packages. Not counting student loans in the total cost could present a misleading picture of how expensive a degree would be, pushing students further into debt. "Colleges that estimate the net price by subtracting student loans from the cost of attendance do not present the full net price because students generally must repay their student loans eventually," the report said. "Additionally, subtracting student loans in the net price estimate presents loans as the default method for paying for college, potentially encouraging students to borrow more than they otherwise would."

☆ More Foreclosures, Easier Mortgages Would Help Fix America's Housing Market
▼ + stars: | 2022-12-03 | by ( James Rodriguez | ) www.businessinsider.com time to read: +15 min

These standards are based on factors including the borrower's financial stability and the state of the housing market and economy. Finding the right size for the credit box is much easier said than done. A tidal wave of foreclosures followed, plunging the US housing market — and the global economy — into chaos. Even just stabilizing the credit box over time could also help smooth out some of the boom-and-bust cycles that have come to define the housing market. "If we do not address this intrinsic cyclicality, the housing market will continue to experience boom-bust cycles, leaving destruction in their wake," the paper said.

☆ Manhunt underway after couple killed at Massachusetts home in apparent targeted attack, officials say
▼ + stars: | 2022-12-02 | by ( Chantal Da Silva | Chantal Da Silva Is A Breaking News Editor For Nbc News Digital Based In London. | ) www.nbcnews.com time to read: +2 min

A manhunt is underway in Massachusetts after a married couple were stabbed and “bludgeoned to death in their home” in Marshfield, a town about 30 miles southeast of Boston, officials said Wednesday. "Keeley was acquainted with the Mattsons," Cruz said of the 27-year-old, who officials said also goes by the nickname "Crispy." The Massachusetts State Police Detective Unit assigned to the Plymouth County District Attorney's Office launched an investigation into the incident after being contacted by the Marshfield Police Department. Detectives developed probable cause and identified Keeley as a person of interest in the double homicide, the district attorney’s office said. The State Office of the Chief Medical Examiner is investigating the cause and manner of the victims' deaths.

Formal organizations like the Oath Keepers no longer define the American right-wing landscape. If Biden’s election was illegitimate, the Oath Keepers were ready to defend Trump’s legitimate one. And indeed, the trial has revealed the brazenness of the Oath Keepers, as well as some profound shifts happening in the American right. The evidence of a seditious conspiracy introduced in the Oath Keepers’ trial was damning, yet obvious. While certainly more polished, some of Masters’ talking points would not be out of place at an Oath Keepers meeting.

☆ The wild history of Volkswagen: From Nazi Germany to hippie vans to one of Elon Musk's top electric vehicle rivals
▼ + stars: | 2022-11-29 | by ( Hannah Towey | ) www.businessinsider.com time to read: 1 min

Following Tesla CEO Elon Musk's acquisition of Twitter, actress Alyssa Milano said she traded in her Tesla for an all-electric Volkswagen due to the rise in hate speech on the social media platform, renewing discussion on VW's third reich past. Alyssa Milano says she has traded in her Tesla for a Volkswagen, while challenging advertisers to address "hate and white supremacy" on Twitter. Phillip Faraone//Taylor Hill/Getty Images

☆ Eric Fleishman, celebrity fitness trainer, dead at 53
▼ + stars: | 2022-11-29 | by ( Toyin Owoseje | ) edition.cnn.com time to read: +1 min

CNN —Celebrity personal trainer Eric Fleishman has died at the age of 53. The fitness personality, known as “Eric the Trainer,” died suddenly at his home in Glendale, California on Thanksgiving, his family announced Sunday in a post shared on his verified Instagram page. “We are heartbroken to share that Eric Phillip Fleishman passed away unexpectedly on the morning of November 24, 2022. Fleishman made a name for himself by training a slew of celebrity clients. Eric made such an impact on my life and I don’t think he even knew it.

☆ Elon Musk claims Apple has threatened to remove the Twitter app
▼ + stars: | 2022-11-28 | by ( Kif Leswing | ) www.cnbc.com time to read: +3 min

Twitter owner Elon Musk claimed on Monday in a series of tweets that Apple had threatened to remove the Twitter app from the App Store as part of its app review moderation process. "Apple has also threatened to withhold Twitter from its App Store, but won't tell us why," Musk tweeted. Apple's App Store is the only way to distribute software to iPhones. If the Twitter app were pulled, the social network would lose one of its main distribution platforms, although the service is available for the web. In addition, Apple requires iPhone app makers to pay between 15% and 30% of any digital goods sold through their apps.

☆ 3 steps that would help 'cure the disease' of the student-debt crisis after Biden's one-time relief, according to experts
▼ + stars: | 2022-11-24 | by ( Ayelet Sheffey | ) www.businessinsider.com time to read: +9 min

"We really need to figure out a way to cure the disease and fix the problem," Levine said. "The rising cost of college can put valuable options out of reach for students who need them the most. Grants, when based on financial need, are a key step toward a more equitable system." Biden noted his plan was a "one-time" relief measure and borrowers would not see another broad loan forgiveness action during his term. While its implications are significant — the relief would wipe out the entire balances for 20 million borrowers — it's currently blocked.

“Embryo adoption is not a legal ‘adoption’ at all, at least in the sense of a traditional adoption which occurs after birth,” the National Embryo Donation Center says. Risks of multiplesSoutheastern Fertility, which partners with National Embryo Donation Center, thawed the embryos February 28. There’s about an 80% survival rate when thawing frozen embryos, experts say. I have to have them all.”Philip and Rachel Ridgeway had twins born from embryos that were frozen for about 30 years. Studies have found that 25% to 40% of frozen embryo transfers result in a live birth.

☆ Trump portrayed as a 'loser' by 2024 rivals courting his big donors at Las Vegas conference, report says
▼ + stars: | 2022-11-19 | by ( Joshua Zitser | ) www.businessinsider.com time to read: +4 min

Potential rivals for the 2024 GOP nomination wooed donors at the Republican Jewish Coalition's meeting. Donald Trump, who announced his 2024 run this week, is not attending the Las Vegas gathering in person. Former US Secretary of State Mike Pompeo speaks during a Republican Jewish Coalition Annual Leadership Meeting in Las Vegas, Nevada on November 18, 2022. WADE VANDERVORT/AFP via Getty ImagesChristie, another potential presidential prospect, reportedly highlighted Trump's political failures while dining with wealthy donors, AP reported. AP noted that big donors in attendance do not appear enthusiastic about backing Trump in 2024.

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