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CNN —As a flight attendant for over 28 years, I’ve had my fair share of bumpy rides. Heather Poole courtesy Heather PooleI’ve spent a lot of time telling them that I wouldn’t be a flight attendant if I felt flying were unsafe. Lately I’ve noticed flight attendants are quicker to stop the service when we begin to experience light turbulence. If you’re a fearful flier and have anxiety, let a flight attendant know, and we’ll go out of our way to check on you if things get bumpy. And once again, Ladies and Gentlemen, a reminder from your flight attendant: Keep your #@$%&!
Persons: Heather Poole, Read, I’ve, Heather Poole I’ve, I’m, I’d, haven’t, there’s, I’ll, Heather Poole What’s, they’ve, doesn’t, it’s, Buckle, we’ll Organizations: Passengers, CNN, Singapore Airlines, Gentlemen Locations: Rocky, New York, Los Angeles
The U.S. Department of Labor announced a settlement Thursday with Dollar General , requiring the retailer and its subsidiaries to pay $12 million in penalties and implement significant workplace safety improvements in its more than 19,000 stores nationwide. Gun violence has also been an issue for Dollar General stores: 49 people have been killed and 172 people have been injured at Dollar General stores by gun violence, according to 2023 data from nonprofit Gun Violence Archive. A repeat offender with the Department of Labor, Dollar General became the first company to be added to OSHA's "severe violators" of workplace safety rules list in 2023, after the agency expanded the reach of its safety enforcement program. The settlement with the Department of Labor also requires Dollar General to monitor outcomes of those efforts and provide quarterly reports to OSHA. CNBC has reached out to Dollar General for additional comment.
Persons: Health Douglas Parker Organizations: U.S . Department of Labor, Dollar, federal, Safety, Health Administration, Violence, Department of Labor, Occupational Safety, Health, Safety Operations Center, OSHA, CNBC Locations: Tennessee
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. In hopes of regaining compliance, CEO Jane Fraser bulked up a firm-wide initiative to overhaul the bank's technology. The head count for the so-called "Transformation" program has soared to 12,000 from some 3,000 since 2021, according to earnings reports. Citi's technology shortcomings are old news, according to Wells Fargo analyst Mike Mayo. Kathleen Martin, former interim data transformation chair, is suing the bank and Anand Selvakesari, the bank's chief operations officer who oversees Transformation.
Persons: , Jane Fraser bulked, Wells, Mike Mayo, Mayo, Fraser, We're, We've, Jane Fraser, SAUL LOEB, Janney Montgomery Scott, Timothy Coffey, Kathleen Martin, Anand Selvakesari, Martin, Selva, Hayley Cuccinello Organizations: Service, Citigroup, Citi, Business, Federal Reserve Board, Revlon, OCC, Citi —, Federal Reserve, Reuters Locations: Wells Fargo, United States, Selva, hcuccinello@businessinsider.com
Internal Revenue Service Commissioner Danny Werfel testifies before the House Appropriations Committee on Capitol Hill in Washington, May 7, 2024. The U.S. Department of the Treasury and the IRS on Thursday announced what they called a "major milestone" of collecting more than $1 billion in tax debt from high-income individuals over the past year. "The IRS has collected $1 billion from millionaires and shown that it can successfully launch strategic new initiatives and achieve the greatest return on investment," Treasury Secretary Janet Yellen told reporters during a press call. The infusion of IRS funding, enacted via the Inflation Reduction Act in 2022, still has its critics, however, particularly among congressional Republicans. "During the past decade, the IRS didn't have the resources or staffing to pursue high-income earners who our compliance team knew owed taxes," IRS Commissioner Danny Werfel said during the press call.
Persons: Danny Werfel, Janet Yellen, Biden Organizations: Revenue, Capitol, U.S . Department of, Treasury, IRS, Finance Locations: Washington
Read previewLegal challenges against student-debt relief efforts continue, making the fate of millions of borrowers all the more uncertain. When it comes to higher education, the ruling will impose more barriers on regulations that are particularly controversial, like efforts to forgive student debt. The Education Department is working on finalizing its second attempt at a broader debt relief plan, which it hopes to implement this fall. But striking down Chevron could pose even more barriers to debt relief and many higher education regulations borrowers rely on. After the Supreme Court's Chevron ruling, Sen. Bill Cassidy — top Republican on the Senate education committee — sent a letter to Education Sec.
Persons: , Chevron, Jon Fansmith, Fansmith, Joe Biden, haven't, It's, Neal Hutchens, Sen, Bill Cassidy —, Miguel Cardona, Cassidy, Hutchens Organizations: Service, Business, American Council, Education, Higher, Education Department, Chevron, of Educational Policy, University of Kentucky, Republican, Sec Locations: Chevron
He pours a bottle filled with a mixture of water and olive oil into the pants, and then with a few firm tugs on the waistband and a wiggle of the hips, he’s in. Koca is one of hundreds of wrestlers competing at this year’s Kirkpinar Oil Wrestling Festival in northwestern Turkey. The sport is similar to regular wrestling, except here, the competitors are covered head to toe in olive oil. Record breakerThe annual Kirkpinar Oil Wrestling Festival has been running for more than 600 years. Participants are doused in olive oil before taking part.
Persons: Cem Tekkesinoglu, Orhan Ghazi, , Abdullah Basar, ” Basar, , Mustafa Kemal Ataturk, Filiz, Ferda Demir, Koca, They’ve, , Hakan Mehmet Sahin, Basar, ‘ I’ve, ’ ”, I’ve, ” Akin, ” Guray Ervin, Tanem Zaman Organizations: CNN, Turkey CNN, Oil Wrestling, Anadolu Agency, Oil, Getty, Olympic, 663rd, “ Wrestling Locations: Edirne, Turkey, Koca, Anadolu, Republic of Turkey
Photographer Ramesh Shukla moved to Dubai in 1965. Sheikh Zayed and Sheikh Rashid watching a camel race in Sharjah, 1968. The next day, he returned to the racetrack and presented the photo to Sheikh Zayed, asking for his blessing — and it changed everything. Sheikh Zayed Bin Sultan Al Nahyan, the late emir of Abu Dhabi, signing the agreement to form the UAE’ on December 2, 1971. Ramesh ShuklaShukla's photos of the UAE's founding fathers (top) and Sheikh Zayed signing (bottom) are featured on the 50 dirham note.
Persons: CNN — “, ” Ramesh Shukla, Shukla, Ramesh Shukla, , , Sheikh Zayed, Sheikh Rashid, Sheikh Zayed Bin Sultan Al Nahyan, Sheikh Rashid bin Saeed Al Maktoum, Neel Shukla, Ramesh’s, , Tara, Neel, Ramesh, Ajman —, Ras, Khaimah, Neel —, ‘ Papa, ’ ” Organizations: CNN, United Arab Emirates, Ramesh, Emirates, United, UAE ’, Dubai Culture Locations: India, Dubai, Bombay, Mumbai, UAE, Sharjah, States, British, Arabian, Abu Dhabi, , Umm Al, United Arab, Ras Al, Emirates
Soaring over fences on horseback in Hangzhou, China, last October, Omar Al Marzouqi was jumping into history. Yet Al Marzouqi made it work – with a little help from his sister. Stephen Bartholomew/IPS/ShutterstockShowjumping has always a family affair for Al Marzouqi, who mounted his first pony at just three years old. Just 15 years old at the time, Al Marzouqi was comfortably the youngest rider in the field in Buenos Aires. For Al Marzouqi, continuing that lineage is a privilege.
Persons: Omar Al Marzouqi, Omar, Al Marzouqi, , , Stephen Bartholomew, Showjumping, Steve Guerdat, Ahlmann, I’m, Al, you’ve, ” Al Marzouqi, Helen Cruden, Ahmed Al Maktoum, Sergiu Toma, Al Marzouqi hasn’t, you’d Organizations: CNN, United Arab Emirates, Asian Games, Sorbonne University Abu Dhabi, Youth Olympics, Paris Olympics, UAE, Games, Athens Locations: Hangzhou, China, Abu Dhabi, UAE, Paris, West Sussex, Argentina, Buenos Aires, Montefalco, Italy, Rio
CNN —A United Airlines plane lost a wheel while taking off Monday from Los Angeles International Airport, officials said, marking the latest issue this year for the airline, which was already the focus of a safety review by federal aviation officials. The Boeing 757-200 that lost its wheel completed its planned flight to Denver, where it safely landed, United said. “The wheel has been recovered in Los Angeles, and we are investigating what caused this event,” the airline said in a statement. The incident comes months after another United Airlines flight lost a wheel while taking off from San Francisco International Airport, damaging several cars in a parking lot. The incident was one of at least a dozen involving United Airlines flights in March, according to a CNN analysis, prompting CEO Scott Kirby to send a safety message to customers.
Persons: , Scott Kirby, ” United, ” CNN’s Gregory Wallace, Samantha Delouya, Taylor Romine, Sara Smart Organizations: CNN, United Airlines, Los Angeles International Airport, Boeing, Pilots, LAX, bravo, Federal Aviation Administration, San Francisco International Airport, FAA, United, Locations: Denver, United, Tulsa , Oklahoma, Los Angeles, Osaka, Japan
Read previewTwo Democratic senators have called on Attorney General Merrick Garland to open a special counsel investigation into Clarence Thomas. This story is available exclusively to Business Insider subscribers. Presented with opportunities to resolve questions about his conduct, Justice Thomas has maintained a suspicious silence." AdvertisementA spokesperson for the Justice Department declined to comment on the letter when reached by Business Insider. Thomas has previously denied any wrongdoing, arguing gifts from Crow and others fall under a "personal hospitality exemption," meaning they don't require disclosure.
Persons: , General Merrick Garland, Clarence Thomas, Sheldon Whitehouse, Ron Wyden, Thomas, Harlan Crow, Mark Martin, Whitehouse, Thomas's, he'd, Crow Organizations: Service, Oregon, Supreme, Business, Judicial Conference, Wyden, Finance, Justice Department, Business Insider Locations: Sens, Rhode Island, Crow
CNBC Daily Open: Are markets overly optimistic?
  + stars: | 2024-07-09 | by ( Abid Ali | ) www.cnbc.com   time to read: +3 min
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., December 1, 2023. This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. While open to collaboration, Elliott plans to give shareholders a say in leadership changes if the board remains unresponsive. Despite selling $379 million worth of bitcoin in recent weeks, Germany's Federal Criminal Police Office still holds roughly 32,488 bitcoins — worth around $1.9 billion at today's prices.
Persons: Beryl, Elliott, Elliott Management, Bob Jordan, Gary Kelly, Corning, We've, Wendell Weeks, Max Organizations: New York Stock Exchange, CNBC, Nasdaq, Apple, Nvidia, Dow Jones, Treasury, Southwest Airlines, Police, Federal Criminal Police, Boeing, Wall Locations: New York City, U.S, Saxony, Texas
Last week, Bloomberg reported that federal prosecutors had offered Boeing the choice of either accepting the plea deal or risk facing trial. Under the plea deal, Boeing will have to pay a fine of $243.6 million. This is on top of the $243.6 million Boeing had already paid as part of the 2021 settlement it breached. Related storiesPaul Cassell, an attorney for 15 of the victims' families, told BI on Monday that he has filed an objection to the plea deal. "A judge can reject a plea deal that is not in the public interest, and this deceptive and generous deal is clearly not in the public interest."
Persons: , Paul Cassell, " Cassell Organizations: Service, Boeing, Justice Department, Business, Bloomberg, BI, Max, DOJ, Federal Aviation Administration, Company Locations: Indonesia, Ethiopia
Read previewBoeing has agreed to plead guilty to one count of fraud conspiracy, the Justice Department said in a Sunday court filing. In May, the Justice Department said Boeing failed to "design, implement, and enforce a compliance and ethics program." AdvertisementSunday's plea deal will see Boeing pay an additional $243.6 million — the same criminal penalty as in 2021. Advertisement"This sweetheart deal fails to recognize that because of Boeing's conspiracy, 346 people died," he said in a statement. Government contractsBy pleading guilty to fraud conspiracy, Boeing will have committed a felony — jeopardizing its government contracts.
Persons: , it's, Paul Cassell, Sunday's, Richard Blumenthal Organizations: Service, Boeing, Justice Department, DoJ, Business, Alaska Airlines, Street Journal, FBI
Boeing agreed on Sunday to plead guilty to a felony charge of conspiring to defraud the federal government over two fatal crashes of the 737 Max in 2018 and 2019, according to a late-night court filing. The company will be put on probation, supervised by the Federal District Court for the Northern District of Texas, for three years. As part of the probation, the Justice Department will appoint an independent compliance monitor who will make sure that safety measures are in place and followed, submitting annual reports to the government. The decision by Boeing to plead guilty is significant because the company has not been convicted of a federal felony in decades. In the filing, the department described the charge of conspiring to defraud the federal government as “the most serious readily provable offense.”
Persons: Max, , Organizations: Boeing, Federal, Court, Northern, Northern District of, Justice Locations: Northern District, Northern District of Texas
Shein logistics software is in beta testing with select supply chain customers, according to a person familiar with its plans. "Shein's software could provide unprecedented access to sensitive supply chain data, which the Chinese government could seize under its laws. This exposure poses a direct threat to U.S. supply chain integrity, making it vulnerable to exploitation and manipulation." Even with a headquarters based in Singapore, company supply chain data could be subject to seizure by the Chinese. Shein's fast rise to dominance Shein's dominance lies in the company's hyper-flexible supply chain, according to a recent report from supply chain intelligence firm Zero100.
Persons: Jade Gao, Shein, cybersecurity, Lee Kair, Kair, Dewardric McNeal, McNeal, Ram Ben Tzion, Ben Tzion, Department of Homeland Security's, Shein's, Srini Cherukuri, Chris Xu's, Zero100, Eric Fullerton, Project44 Organizations: Shein, Afp, Getty, Transportation Security Administration, U.S, Authentic Holdings, Simon Property Group, Longview Global, Obama administration's Department of Defense, CNBC, Standards Organization, Secretariat, IAF, Microsoft U.S, EU, Social, International, Uyghur Forced Labor, Department of Homeland, Border Patrol, New York, ITS Logistics, Logistics Locations: Guangzhou, China's Guangdong, Jade, China, U.S, Exiger, Shein, Asia, Singapore, Frankfurt, Germany, Xinjiang Province, Customs, York, United States
But they're knowingly violating New York City's new law banning most short-term rentals. To comply with the law, they would need to open up their personal living room and kitchen to their Airbnb guests. Less than a year into enforcement of the near-ban, it's not clear whether New York City is achieving this goal, but it has made hotel rooms more expensive. AdvertisementCrucial income after a layoffAfter the city rejected his application, Paul says he was "pissed off" and decided to find other ways to rent the basement out to short-term guests. AdvertisementHave you been impacted by New York City's short-term rental regulations?
Persons: Paul, they're, helpfully, Airbnbs, he's, He's, OSE, fining, , Airbnb, wouldn't Organizations: Service, Business, York, Queens, New York, city's, Special Enforcement, Facebook Locations: Astoria , Queens, Astoria, Asia, Europe, New York City, Irvine , California, New York, New
Read previewNate Anderson, the chief mind behind activist short-seller Hindenburg Research, has had an eventful past 18 months. AdvertisementDetailed below is the considerable back-and-forth that's taken place since Hindenburg's initial shot across the bow of Adani Group. It cited "numerous examples"of those companies funneling money through private companies owned by Adani, before cash was set to Adani's listed public companies. AdvertisementThe short-seller's investigation also found Adani's private and public companies to have "numerous" undisclosed transactions with other parties, the researchers found, which violates regulatory laws in India. Conflict over Hindenburg's short-selling arrangementIndian regulators have raised specific questions about the structure of Hindenburg's short bet on Adani Group.
Persons: , Nate Anderson, Gautam Adani, Hindenburg, it's, Anderson, Gautam, Hindenburg's, Adani, SEC —, Kingdon, who's, he's, Nikola, Carl Icahn Organizations: Service, Hindenburg, Business, Group, Adani, Adani Group, Hindenburg Research, The Securities, Exchange Board, SEC, Kingdon Capital Management, Regulators, Lordstown Motors, Icahn Enterprises, New York Times, Times, charlatans Locations: India, Manhattan, Adani, New York
The U.S. chips industry is expected face a shortage of 67,000 technicians, computer scientists and engineers by 2030, while the broader U.S. economy is set to have a gap of 1.4 million such workers, according to a 2023 study from the Semiconductor Industry Association. A wafer sorter inside the GlobalFoundries semiconductor manufacturing facility in Malta, New York, on June 18, 2024. The company creates chips for everyday products from electronics and phones to autos, in addition to components for space and defense. The GlobalFoundries semiconductor manufacturing facility in Malta, New York, on June 18, 2024. Morgan Woods, 28, started out in Malta, New York, at GlobalFoundries' fab facility as a technician in 2021.
Persons: Cindy Schultz, Lockheed Martin, Pradheepa Raman, Raman, Morgan Woods, Woods, GlobalFoundries Organizations: Semiconductor Industry Association, Deloitte, Bloomberg, Getty, General Motors, Lockheed, CNBC, Workers, GM, U.S Locations: U.S, Malta , New York, New York, Vermont
Termessos, Turkey CNN —Alexander the Great tried to conquer Termessos but failed. He reputedly called the city an “eagle’s nest.”Later, the Romans had more success in controlling the city. Barry Neild/CNNClimbing higher up the hillside on a rocky path sprouting with fragrant wild sage, there’s more evidence of how sophisticated life in Termessos would’ve been. Further up, the upper city walls give commanding views of the forest below and offer a good vantage point over anyone trying to sneak up for an invasion. In Termessos, the location is particularly significant, as it sits opposite a mountain that was once sacred to the city’s inhabitants.
Persons: Turkey CNN — Alexander the Great, Mount Güllük, Barry Neild, would’ve, , Önder Uğuz, he’s, Termessos, We’re, , Alexander the Great, Termessos would’ve Organizations: CNN, Turkey CNN, agora Locations: Termessos, Turkey, Antalya, That’s, Machu Picchu, Mount
AI-generated so-called deepfakes are only exacerbating the problem and making it easier than ever to spread disinformation and misinformation via social media. Social media companies are protected from civil liability under a US lawSocial media has largely gone unregulated since its birth nearly three decades ago. So what's been the struggle for the government to address the issue of disinformation and misinformation on social media head-on? Related storiesMcQuade proposed amending Section 230 in order to hold social media companies accountable under certain circumstances. Major social media companies have their own misinformation policiesMany major social media companies, including Meta, TikTok and X, have their own policies when it comes to tackling misinformation and disinformation.
Persons: , Barbara McQuade, McQuade, we've, what's, Gautaum Hans, Hans, there's, Donald Trump, Joe Biden, Biden, We've, abetted, Meta, Taylor Swift, Elon Musk Organizations: Service, United, Business, University of Michigan, US Department of Homeland Security, ABC News, Social, Communications, Big Tech, Cornell University, Republican, Democratic, US, Twitter, Google, Meta, Elon
Indian labor officials visited a Foxconn factory in the country's south this week and questioned executives about the company's hiring practices, Reuters reported. Narasaiah said Foxconn told the labor officials the factory employs 41,281 people, including 33,360 women. He added that the labor inspectors interviewed 40 married women inside the plant, who raised no concerns about discrimination. Foxconn HR sources and third-party hiring agents cited family duties, pregnancy and higher absenteeism as reasons for not hiring married women. The reporting also found that Taiwan-based Foxconn relaxes the practice of not hiring married women during high-production periods.
Persons: Foxconn, Narendra Modi's, Narasaiah Organizations: Reuters, Apple, government's Regional, Labour Locations: Chennai, Tamil Nadu, Taiwan
Yet, the system has also exacerbated the social divide between the haves and have-nots, who are confined to the largely abysmal state-run education system. That means entrance tests and examinations are a high-stakes juncture in a person's life. A half-hearted attempt at testing the country's education system in 2021 was aborted when the Covid-19 pandemic hit the country. The company, which offers services ranging from online tutorials to offline coaching, attracted billions of dollars from investors worldwide during the pandemic when online education services were in high demand. One of the companies it bought was an offline test preparation service called Aakash Education Services, which is still expected to IPO this year.
Persons: Firdous Nazir, NurPhoto, Cram, , Byju's Organizations: Youth Congress, Getty, Testing Agency, Reuters, FIFA, Aakash Education Services Locations: Jammu, Kashmir, India, Kota, Rajasthan, PISA, Kyrgyzstan, Turkish
Handpicked as leader by National Rally (RN) doyenne Marine Le Pen in an effort to purge the far-right party of its racist and antisemitic roots, Bardella has taken it closer to the gates of power than ever before. Whether the RN forms a government and Bardella becomes prime minister after the July 7 runoff is not clear. So, who is Bardella, and what might his party do in power? Le Pen and Bardella address a crowd of RN supporters in Paris, after Macron called a snap election, June 9, 2024. When the prime minister and president belong to different parties – in a rare arrangement known as “cohabitation” – things can grind to a halt.
Persons: CNN — Jordan, , Bardella, Emmanuel Macron’s, France’s, Denis, Le Pen, Le Pen’s, Louis Aliot, Le, Macron, Julien De Rosa, Freed, Jean, Marie Le Pen, Franco, Paris Anne Hidalgo, Luc Mélenchon, ” Bardella, Julien de Rosa, Gabriel Attal, ” Mujtaba Rahman, Mario Draghi, Giorgia Meloni, Benito Mussolini, Matteo Salvini, Vladimir Putin, Antonio Masiello, Hungary’s Viktor Orban –, Macron – Organizations: CNN, National Rally, National Assembly, Front, Sorbonne university, Getty, Macron’s Ensemble, Immigrants, Ministry of, Armed Forces, New Popular Front, EU, Eurasia Group, European Union Locations: Paris, France, Europe, Seine, Macron, AFP, Vichy, Spanish, Brussels, Italy, Ukraine, Kyiv, Russia
Atlantis, The Royal Atlantis, The Royal: The suites rooms are all connected via a mobile app, allowing guests to control their room's thermostat, lighting, and television remotely. Atlantis, The Royal Atlantis, The Royal: The triple-height library provides a secluded space to work, read or relax. Atlantis, The Royal Atlantis, The Royal: The entertainment room is kitted out with a 98-inch LED screen for a home cinema experience. Atlantis, The Royal Atlantis, The Royal: Every room has stunning views — including the marble-clad bathrooms. Atlantis, The Royal Atlantis, The Royal: Guests can enjoy designer amenities made by French fashion house Hermès, as well as bespoke gold toothbrushes, combs and brushes.
Persons: Masyaf, Dar Al Masyaf, Jumeirah Dar Al Masyaf, Villa, Abra, Lana, David, what’s, Jay Z, Louis Vuitton Organizations: CNN, Villa, Jumeirah Dar, Dar, cabanas, Atlantis, Imperial, Penthouse, Seasons Dubai, Four, Dubai, Suite, Jumeirah Burj, UAE dirhams, Royal Locations: Gold, Dubai, Dar Al, Jumeirah Dar Al, Arabian, Dorchester, Burj Khalifa, Jumeirah Burj Al, Arab
Opinion: Public schools are not Sunday schools
  + stars: | 2024-07-03 | by ( Opinion Amanda Tyler | ) edition.cnn.com   time to read: +6 min
CNN —It has been an especially active few weeks for news about religion in public schools. Public schools are not Sunday schools, and families should feel free to send their children to school without worrying about state officials interfering in their choices about religious instruction. These politically conservative state officials are seemingly making a show of testing the limits of government-sponsored religious instruction and exercise in public schools, emboldened by the US Supreme Court’s recent decisions. Like religious instruction in public schools, the public funding of religion undermines fundamental principles of religious freedom for all. By merging religious and political authority, taxpayer funding of religious schools threatens the rights of people of all faiths — and those of no faith.
Persons: Amanda Tyler, Jeff Landry, Ryan Walters, ” Amanda Tyler, Kennedy, Walters, beholden, ” Walters Organizations: Baptist, Religious Liberty, Christian Nationalism, CNN, Texas Education Agency, Louisiana Gov, US, Twitter, Oklahoma Supreme Court Locations: Louisiana, Oklahoma’s, Kennedy v, Bremerton, Kentucky, Texas , Louisiana, Oklahoma
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