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Goldman Sachs is warning clients of a summer correction in the stock market as economic growth slows down and political risks rise. The S & P 500 is up about 16% year to date, just 2% off its record high. Goldman said it sees increasing risk of a correction. Typically, a correction is defined as a 10% drawdown from a recent high in the S & P 500 and a bear market equals to a 20% pullback. The S & P 500 is currently off 2% from its recent high.
Persons: Goldman Sachs, Christian Mueller, Goldman, Goldman doesn't, pare Organizations: Dow
CNN —The highly infectious polio virus has been found in sewage samples in Gaza, putting thousands of Palestinians at risk of contracting a disease that can cause paralysis. Gaza’s Ministry of Health and the World Health Organization (WHO) both said they had carried out tests and found samples of the virus in sewage water. “Poliovirus type 2 (VDPV2) had been identified at six locations in sewage samples collected on 23 June from Khan Younis and Deir al Balah,” WHO said Friday. The Palestinian Ministry of Health in Gaza called for practices to improve hygiene and safety. Meanwhile, hospitals in central Gaza said more than 20 people were killed after two Israeli air strikes on houses in the Nuseirat area.
Persons: Khan Younis, Deir al Balah, Tedros Adhanom Ghebreyesus, ” Tedros Organizations: CNN, Ministry of Health, World Health Organization, WHO, United Nations, UNICEF, Hamas, Palestinian Ministry of Health, Israel Defense Forces Locations: Gaza
Read previewA draft budget approved by Germany's government shows the country is planning to halve its military aid to Ukraine next year. The draft budget slashes the amount promised to Ukraine to $4.35 billion in 2025, compared to the roughly $8.14 billion it is receiving this year, Reuters reported. There are fears that Trump will scale back or even totally halt US aid to Ukraine. Germany is the second-biggest donor country by volume of military aid to Ukraine and is Europe's biggest economy. As such, the draft budget is a "moral hazard" for the country, Loss said.
Persons: , Christian Lindner, Lindner, Rafael Loss, Donald Trump, Mary, Trump, he's, MAGA, JD Vance, there's, Olaf Scholz, Scholz Organizations: Service, Reuters, German, Business, European Council, Foreign Relations, Ukraine, Politico, Trump Loss, NATO Locations: Ukraine, Germany, Berlin, Europe
To reread "Hillbilly Elegy" now, as I did this week, is to feel a sense of disorientation. JD Vance the author sounds a lot different than JD Vance the politician. Personally, I first read "Hillbilly Elegy" in college, in an earnest if somewhat contrived attempt to better understand communities unlike mine. On stage, he recounted a story that also appears in "Hillbilly Elegy," where Mamaw bluntly threatens violence against one of Vance's friends. There are hints of this in "Hillbilly Elegy" as well: He served as a public affairs Marine, where he was trained in the art of media relations, including "how stay on message."
Persons: JD Vance, It's, Vance, Donald Trump's, Trumper, Trump, I've, who's, Vance didn't, JD, Alex Wong, Mamaw, Mom, Brett Kavanaugh, there's, New York Times's Ross Douthat, There's, he's, Usha, Mike Johnson, Kamil Krzacynski, — Vance Organizations: Service, Republican, audience's, Democratic, Capitol Hill, Republican National Convention, Supreme, New, GOP, Marine, Yale Law School, Getty Locations: Ohio, Middletown , Ohio, Appalachia, Middletown, Washington, New York, Ukraine, AFP
“Together we will make our allies share in the burden of securing world peace,” he said at the Republican National Convention in Milwaukee. “I think whoever wins the US race… it will be more America first,” Belgium’s Prime Minister Alexander De Croo told CNN. Europe needs to take care of its defense more.”Danish Prime Minister Mette Frederiksen argues Europe stepping up its commitment to its own security has nothing to do with the US. “We have to be more capable of defending ourselves, with a more and more aggressive Russia, not only when it comes to Ukraine,” she told CNN. Preserving European unity is critical to a long-lasting peace, he said.
Persons: JD Vance, , Vance, Donald Trump, Alexander De Croo, ” Finland’s, Alexander Stubb, , Sen, Will Lanzoni, Mette Frederiksen, Keir Starmer, Viktor Orban, Vladimir Putin, ” Orban, Ursula von der Leyen, Volodymyr Zelensky, Organizations: CNN, Republican, Republican National Convention, Munich, NATO, Trump, European Commission, EU, Ukraine Locations: Blenheim, Milwaukee, Ohio, Ukraine, Oxfordshire, Europe, States, Danish, Russia, Hungarian, Moscow, Ukrainian
Reuters —Germany plans to halve its military aid to Ukraine next year, despite concerns that US support for Kyiv could potentially diminish if Republican candidate Donald Trump returns to the White House. German aid to Ukraine will be cut to €4 billion ($4.35 billion) in 2025 from around €8 billion in 2024, according to a draft of the 2025 budget seen by Reuters. Germany has faced criticism for repeatedly missing a NATO target of spending 2% of its economic output on defense. Days after Russia’s 2022 invasion of Ukraine, Chancellor Olaf Scholz announced a “Zeitenwende” – German for historic turning point - with a €100 billion special fund to bring the military up to speed. The defense budget is set to receive a meagre €1.3 billion more than in 2024, far below the €6.7 billion requested by Pistorius.
Persons: Donald Trump, Christian Lindner, Trump, JD Vance, Olaf Scholz, Kay Nietfeld, Chancellor Olaf Scholz, Boris Pistorius, Pistorius . Scholz, Zelensky, John MacDougall, , , Ingo Gaedechens Organizations: Reuters, House, Group, German, Washington, Ukraine, Trump, NATO, Social Democrats, Greens, Defense, Getty, CDU Locations: Germany, Ukraine, , Europe, United States, Russia, Irpin, Kyiv, Berlin
Germany to slash military aid budget in blow to Ukraine
  + stars: | 2024-07-18 | by ( Sophie Kiderlin | In | ) www.cnbc.com   time to read: +3 min
Around 5.4 billion euros had been allocated to the fund in 2023, the budget outline shows. In recent years, large amounts of this section of the German budget has been allocated to support Ukraine following Russia's attack of the country. It also noted that Germany would continue to support Ukraine for as long as needed, in collaboration with its allies. The government had planned to re-allocate unused emergency debt, which was taken on during the Covid-19 pandemic, to its future spending plans. The German parliament will debate the draft budget when it returns from its summer break in September before it is finalized later in the year.
Persons: Christian Lindner, Donald Trump's, Sen, JD Vance, Olaf Scholz Organizations: Ukraine, CNBC, Reuters, Trump, Trump's, Military, NATO Locations: Germany, Ukraine, Russia
But there’s a small, powerful sect of Silicon Valley billionaires who are carving a path for the maybe-Trumpers and the MAGA-curious in the tech world. David Sacks, the billionaire tech investor, co-hosted a fundraiser last month at his San Francisco home and spoke at the Republican National Convention on Monday. In the last election cycle, the few Trump backers that existed in the Valley largely kept their support under the radar. Their numbers are still small, but they’re no longer hiding, and their wallets are open. And, as Kovacevich notes, just because there are a few big names turning toward Trump, “they’re not speaking for everybody.”“In fact, most of the big company CEOs aren’t terribly involved in partisan politics,” Kovacevich says.
Persons: CNN Business ’, Hillary Clinton, Joe Biden, MAGA, Elon Musk, Trump, David Sacks, San Francisco, Doug Leone, Palantir, Joe Lonsdale, what’s, Adam Kovacevich, , , Biden, Lina Khan, Joe Biden’s, Gary Gensler, who’s, Marc Andreessen, Ben Horowitz, Trump’s, hasn’t, they’ve, Reid Hoffman, Eric Schmidt, aren’t, ” Kovacevich, “ They’re Organizations: CNN Business, New York CNN, Silicon, Wall Street, Trump, America PAC, San, Republican National Convention, Sequoia Capital, Biden, of, Financial Times, SEC, Big Tech, LinkedIn, Google Locations: New York, Silicon
Read previewUkraine is operating a small fleet of US-made Abrams tanks, combat-proven vehicles that were built to destroy Russian armor. Another sophisticated Russian tank is the T-80BVM, which according to Oryx has suffered at least 150 losses. Russian Defense Ministry Press Service via APZakon did not specify on T-90 variants when he compared the American-made Abrams to Russian armor. M1A1 Abrams tanks needed for training Ukrainian soldiers await offloading in Grafenwoehr, Germany. "We do need Abrams tanks, we do need people, and first of all, we do need dynamic protection," Zakon said, adding that "we need them as much as possible."
Persons: , Abrams, Ukraine hasn't, YASUYOSHI CHIBA, Vladimir Putin, Gian Gentile, RAND's, it's, Zakon, Volodymyr Zelenskyy, Christian Carrillo, Rinat Organizations: Service, Business, Kyiv, YASUYOSHI, Getty, Mechanized Brigade, Russia, Oryx, Russian Defense Ministry Press Service, AP Zakon, RAND's Arroyo Center, US Army, Ukrainian, US, Spc, Rinat Akhmetov's Locations: Ukraine, Ukrainian, Soviet, Russian, Kharkiv, AFP, Russia, Moscow, Grafenwoehr, Germany
For the last eight years, President Trump has given everything he has to fight for the people of our country. And then President Trump flew to Milwaukee and got back to work. A leader who rejects Joe Biden and Kamala Harris’s Green New Scam and fights to bring back our great American factories. President Trump represents America’s last best hope to restore what — if lost — may never be found again. And every single day for the next four years, when I walk into that White House to help President Trump, I will be doing it for you.
Persons: Vance, Trump, Donald Trump, Corey Comperatore, Don, Eric squirmed, I’ve, Joe Biden, Joe, , Donald J, Biden, Mamaw, , We’ve, who’s, Kamala Harris’s, , I’m, Usha, Ewan who’s, Vivek who’s, America’s, It’ll, Trump’s, Mamaw couldn’t, That’s, Kamala Harris, he’s, Joe Biden’s, ” We’re, “ Honey, it’s, that’s Organizations: Michigan, America, United States Senate, Republican Party of, NAFTA, China, United States Marines, Fi, The Ohio State University, I’m, Ohio State, Yale Law School, Trump, Mirabel, Social Security, Iraq, Washington, Workers, Chinese Communist Party, ISIS, United, Republican Party Locations: Milwaukee, Ohio, America, Pennsylvania, United States of America, Middletown , Ohio, Washington, Mexico, Iraq, Michigan, New York City, American, Afghanistan, Wisconsin, China, U.S.A, Eastern Kentucky, Appalachia, Ohio , Pennsylvania, that’s Kentucky, United States, Kentucky, Michigan , Wisconsin , Pennsylvania
For the last eight years, President Trump has given everything he has to fight for the people of our country. And then President Trump flew to Milwaukee and got back to work. A leader who rejects Joe Biden and Kamala Harris’s Green New Scam and fights to bring back our great American factories. President Trump represents America’s last best hope to restore what — if lost — may never be found again. And every single day for the next four years, when I walk into that White House to help President Trump, I will be doing it for you.
Persons: Vance, Trump, Donald Trump, Corey Comperatore, Don, Eric squirmed, I’ve, Joe Biden, Joe, , Donald J, Biden, Mamaw, , We’ve, who’s, Kamala Harris’s, , I’m, Usha, Ewan who’s, Vivek who’s, America’s, It’ll, Trump’s, Mamaw couldn’t, That’s, Kamala Harris, he’s, Joe Biden’s, ” We’re, “ Honey, it’s, that’s Organizations: Michigan, America, United States Senate, Republican Party of, NAFTA, China, United States Marines, Fi, The Ohio State University, I’m, Ohio State, Yale Law School, Trump, Mirabel, Social Security, Iraq, Washington, Workers, Chinese Communist Party, ISIS, United, Republican Party Locations: Milwaukee, Ohio, America, Pennsylvania, United States of America, Middletown , Ohio, Washington, Mexico, Iraq, Michigan, New York City, American, Afghanistan, Wisconsin, China, U.S.A, Eastern Kentucky, Appalachia, Ohio , Pennsylvania, that’s Kentucky, United States, Kentucky, Michigan , Wisconsin , Pennsylvania
CNN —Ursula von der Leyen has been reelected to a second five-year term as president of the European Commission after a vote by EU lawmakers, as the continent’s mainstream seeks to reassert itself in the face of a resurgent far right. After a secret ballot, von der Leyen was reelected with 401 votes in favor and 284 against. Addressing the parliament before the lunchtime vote, von der Leyen said the next five years of her term “will define Europe’s place in the world for the next five decades. Von der Leyen was reelected after 401 EU lawmakers voted in favor of her presidency. Johannes Simon/Getty ImagesEarlier Thursday, von der Leyen published a 31-page policy proposal, setting out her priorities if she won a second term.
Persons: Ursula von der Leyen, von der Leyen, Von der Leyen, ” Von der, Angela Merkel, Emmanuel Macron –, Von der, Johannes Simon, Getty, ” Von der Leyen, Donald Trump, Viktor Orban’s, Vladimir Putin, Organizations: CNN, European Commission, EU, European Defense Union ”, European People’s Party, EPP, Socialist, Green, European Defense Union, Ukraine, Covid Locations: Strasbourg, France, Ukraine, Brussels, Europe, United States, Hungarian, Moscow
In today's big story, Amazon wants to stop employees skirting in-office mandates by tracking their hours spent in the office . The big storyPunching the clockGetty Images; Jenny Chang-Rodriguez/BIAt Amazon, coffee is for closers people who spend at least 2 hours in the office. AdvertisementBusiness Insider's Eugene Kim has a report on Amazon monitoring the hours its corporate employees spend in the office . Amazon and its employees have been in an ongoing battle over its return-to-office mandate, which was first announced early last year. AdvertisementFor Amazon employees, the RTO mandates have been shrouded in mystery and confusion.
Persons: , you've, Jenny Chang, Rodriguez, Eugene Kim, it's, Eugene, they've, Justin Sullivan, Getty, Dell, Polly Thompson, Lizzie Reed, Goldman Sachs, Mark McQueen, Elizabeth Reed, Donald Trump's, Fundstrat's Tom Lee, Russell, Deena So'Oteh, Greg Warnock, Warnock, Elon Musk, Tesla, Stephen Pasterino, Rachel Katzman's, Jennifer Aniston, Johnson, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, Annie Smith, Amanda Yen Organizations: Service, Denver Airport, Business, Amazon, Foods, Dell, Computer, Workers, Goldman, Walmart, Treasury, Netflix, SpaceX, Lone Star State, Northeast, BI, Olympic, United Airlines, Johnson Locations: it's, Corporate America, Utah, California, Texas, Paris, Seine, New York, London
Vance of Ohio to be his running mate is the latest example of the former president’s willingness to flout political convention. But then Mr. Trump has never been a traditional candidate. The last time Mr. Trump named a running mate, he had more pressing concerns. Mr. Trump selected Mike Pence, who had close ties to evangelical Christian voters and had served 12 years in Congress, to allay their fears. The idea was that he could help Mr. Trump deal with insiders and power brokers.
Persons: Donald Trump’s, J.D, Vance of, Vance doesn’t, Trump, Vance, Hillary Clinton, Mike Pence, Pence Organizations: Republicans, Christian Locations: Washington, Vance of Ohio, , Midwestern
Read previewFormer President Donald Trump's veepstakes concluded with him choosing Sen. JD Vance of Ohio as his running mate. AdvertisementInstead, Trump has chosen a mini-me and a populist protégé, flipping the script on a common political practice he seemed to subscribe to in 2016. Balancing the ticketPresident Joe Biden's selection of Vice President Kamala Harris is a notable example of balancing the ticket. Even Trump, in selecting former Vice President Mike Pence, appeared to be trying to balance the 2016 ticket. But this time, instead of seeking balance, Trump chose a candidate in his own image, doubling down on the MAGA brand with a loyalist.
Persons: , Donald Trump's veepstakes, Sen, JD Vance, Ohio, Trump, Joe Biden's, Kamala Harris, Biden, Harris, Barack Obama's, Mike Pence, Trump's, MAGA, Vance, they're, Trumpism Organizations: Service, Business, Israel, Trump, Ohio, Democratic Locations: Ukraine, China, Appalachia, Ohio
“It hurt,” says Muse, the executive pastor of Hayes Barton Baptist Church in Raleigh, North Carolina. Nikki Hardeman, of Atlanta, an advocacy director for Baptist Women in Ministry, left, Meredith Stone, executive director of Baptist Women in Ministry, center, and Christa Brown, an advocate for survivors of sexual abuse and a supporter of the Baptist Women in Ministry, protest outside the venue of a Southern Baptist Convention annual meeting on June 11, 2024, in Indianapolis. Some Southern Baptist leaders, for example, say they do not oppose women running for political office. And yet millions of women still give their time and money to church groups that won’t allow them to lead men. Meredith Stone, executive director of Baptist Women in Ministry, a group that works with the SBC and other Baptist groups.
Persons: Kristen Muse, Muse, Paul, Timothy, , Hayes Barton, , , Clint Pressley, Nikki Hardeman, Meredith Stone, Christa Brown, Doug McSchooler, Albert Mohler Jr, Kamala Harris, Shelby Tauber, ” Muse, Christ, Mary Kassian, Beth Allison Barr, Barr, Jesus, Pope Francis, lectors, Beth Moore, Terry Wyatt, Moore, Infants, ” Barr, it’s, they’re, Rick Warren, Peter Smith, that’s, she’s, Rabbi Nachman, Rosh Hashana, Sergei Supinsky, don’t, , Bishop Teresa Jefferson, Jay Reeves, Deborah, Lydia, Priscilla, Dorcas, Mary Magdalene, Mary, Luke, hasn’t, John Blake Organizations: CNN, National Public Radio, Southern Baptist Convention, Hayes Barton Baptist Church, SBC, Baptist Women, Ministry, Southern Baptist, Southern Baptist Theological Seminary, Roman Catholic Church, of God, Reuters, complementarianism, Children, Baylor University, Research, Saddleback Church, Saddleback, Getty, Christian Methodist Episcopal, Moody Temple CME Church, Jefferson Locations: manila, Raleigh , North Carolina, Atlanta, Indianapolis, Indiana, Dallas , Texas, Nashville , Tennessee, Texas, Saddleback, Southern California, New Orleans, Uman, Ukraine, AFP, Raleigh, Moody, Fairfield , Alabama, Israel
Read previewThis as-told-to essay is based on a conversation with Michelle Clifford, a 33-year-old sales manager from California who is moving to Celina, Texas, in July. Celina's population surged 26.6% from July 2022 to July 2023, making it the fastest-growing city in the US. There were a lot of things that I liked about Texas, and my job also had an office in Frisco. In Texas, rent is cheaper and we can experience country livingWe moved to Prosper, a town north of Dallas, in February. We were drawn to Celina because we have friends from California who moved here and college friends who are natives.
Persons: , Michelle Clifford, TCU — Texas Christian University —, Prosper, Clifford, California I've, I'm, Clifford's, Celina doesn't Organizations: Service, Business, TCU — Texas Christian University Locations: California, Celina , Texas, Celina's, Orange County, Austin, Texas, Bay, He's, Southern California, San Diego, San Francisco, Oceanside , California, Frisco, Prosper, Dallas, Oceanside, Celina, Preston, America
A 27-year-old single mother from Valencia, Alvarez left Venezuela in 2017 when her son Gabriel was only one. We are all abroad: uncles, aunts, cousins… only my mom and my dad, and one of my brothers remain in Venezuela,” Alvarez told CNN. Alvarez and many other migrants in Bogota, think similarly: “Maduro can only win the election if he steals it. Gaby Oraa/ReutersWhat it means for AmericaIt’s the fate of migrants like Alvarez and millions of others like her that are making this such a closely watched election. Dib estimates that up to two million more migrants could be on the move by next year.
Persons: Barrio Hugo Chavez, Maria Alvarez, Alvarez, Gabriel, haven’t, … I’ve, , ” Alvarez, , , Christian Monterrosa, Nicolas Maduro, Edmundo Gonzalez, Maduro, Maria Corina Machado, Gonzalez, Laura Dib, I’d, Endel Gonzalez, Gaby Oraa, Joe Biden, Jose Raul Mulino, Brandon Bell, Biden, Jorge Rodriguez, Washington, ” Dib, there’s Organizations: CNN, Barrio, United Nations, Venezuela –, Getty, US State Department, Venezuelan, Carter Center, UN, Washington Office, Latin America, US Customs, Border Patrol, Democratic, Migrants, State Department Locations: Venezuela, Bogota, Colombia, Municipal, Valencia, Brazil, Ecuador, Chile, El Paso , Texas, Ciudad Juarez , Chihuahua, Mexico, AFP, Washington, Caracas, Maduro, Maracaibo, Carabobo State, United States, Panama, Central America, Northern Mexico, Peru, Rio Grande, China, Russia, Iran, Trump
Shannen Doherty died Saturday, at 53, after a long battle with cancer. Doherty appeared as Jenny, a pigtail-wearing girl whose father dies, throughout the ninth and final season of the show, and in subsequent “Little House” TV movies. ‘Heathers’The first sign of Doherty’s star power came with the release of “Heathers,” the pitch-black comedy directed by Michael Lehmann and written by Daniel Waters. When the lead Heather, Heather Chandler (Kim Walker), is murdered by a new kid in school, J.D. (Christian Slater) — a death that is passed off as a suicide with help from Veronica —Doherty’s Heather sees a path to power.
Persons: Shannen Doherty, Brenda Walsh, , , Doherty, ” Doherty, Jenny Wilder, Melissa Gilbert’s Laura Ingalls Wilder, Almanzo Wilder, Dean Butler, Jenny, Peacock, , , Michael Lehmann, Daniel Waters, Heather Duke, Veronica Sawyer, Winona Ryder, Heather, Heather Chandler, Kim Walker, Christian Slater, Veronica — Doherty’s Heather Organizations: West Beverly Hills High School Locations: “ Beverly Hills, , , Beverly Hills
A photograph of President Donald Trump raising his fist in defiance after he was shot at his rally in Pennsylvania on Saturday has already become the most iconic image of his reelection among Republicans. Donald Trump Jr. posted the image on X with the caption, "He'll never stop fighting to Save America." Related storiesFlorida Senator Marco Rubio shared both of their posts, before sharing the photo again with the caption, "God protected President Trump." Former Republican presidential candidate Vivek Ramaswamy echoed his sentiments, sharing the photo with a similar caption: "Grateful to President Trump for his sacrifice. "We learned one very important thing tonight — President Donald Trump is willing to die for this country.
Persons: Donald Trump, Evan Vucci, Donald Trump Jr, He'll, Eric Trump, Marco Rubio, Trump, Vivek Ramaswamy, Candace Owens, Donald J Trump, Blake Masters, Shakeel Jahangir, Willing, Benny Johnson, Elon Musk, Joe Biden, Kamala Harris Organizations: Republicans, Associated Press, Trump, Secret Service, Business, Save, America, Republican, Conservative, Venture, Christians Union, America Christian, Democratic Locations: Pennsylvania, Florida, United States
But Nickens only stayed in Texas for two years before returning to California because she missed the weather and access to nature. I moved from the Inland Empire to Orange County in 2016 after my daughter graduated from high school. I really didn't want to be left behind. I didn't realize how much I really loved being outside until I moved to Texas. I really, really missed the beach.
Persons: , Heather Nickens, Nickens, I'm, Dallas, Abbott, I've Organizations: Service, Business, Labor, Angels Locations: Orange County , California, Dallas, Texas, California, Houston, Inland, Orange County, Austin, Galveston
CNN —“Sorry/Not Sorry,” in theaters Friday, revisits the 2017 comedy-world firestorm involving five women’s accounts of sexual misconduct by comedian Louis C.K. only to be shut down; and Abby Schachner, a comic and writer who went public with her account of C.K. Then it was followed by C.K.’s Grammy-winning 2022 album “Sincerely Louis C.K.,” in which he joked about the behavior as a sexual hangup rather than abuse. “There are dozens of Russell Brands,” was the headline of one Guardian piece on female comics. I want a world where female comics have a workplace where they feel they’ll be supported — and, more importantly, employed — if they speak out about abuse.
Persons: Sara Stewart, CNN —, Louis C.K, ” Sara Stewart Todd Thompson, Caroline Suh, Cara Mones, Jen Kirkman, Megan Koester, Abby Schachner, Rolling, Suh, C.K, , it’s, Tig Notaro, Timm Sharp, Stephanie Allyne, Notaro, she’d, haven’t, they’re, , Dave Chappelle, Olivia Cathcart, Maria Bamford, Bamford, Russell Brand, Brand, Organizations: CNN, New York Times, C.K, Toronto, Hollywood, New York, Paste Magazine, Russell Brands Locations: Pennsylvania, Mississippi
Read preview"Fly Me to the Moon," Scarlett Johansson and Channing Tatum's new romantic comedy-drama about faking the moon landing, is fictional but draws on some true historical events. The White House eventually tasks Kelly with filming a fake moon landing in case the real one fails. Apollo 11 spaceship launch director Cole Davis (Tatum) opposes Kelly's plan, believing it will discredit NASA's efforts. This storyline leans into the conspiracy theory that NASA faked the US moon landing in 1969. But there's no evidence to suggests NASA or any network tried to fake the moon landing.
Persons: , Scarlett Johansson, Channing Tatum's, Kelly Jones, Johansson, Kelly, Cole Davis, Tatum, NASA's, Bill Kaysing, Greg Berlanti, Berlanti, Neil Armstrong, Buzz Aldrin, Michael Collins, Cole, Nick Dillenburg, Christian Zuber, Colin Woodell, Ed White, Roger Chaffee, Gus Grissom, Nikita Khrushchev, Yuri Gargarin, Henry Smalls, Ray Romano, Dan McFadden, Sony Pictures Kelly didn't, David Meerman Scott, Richard Jurek's, Armstrong's Organizations: Service, Business, NASA, Hollywood, Entertainment, Sony Pictures, Television, Sony Pictures NASA's Locations: USSR, Cape Kennedy, Florida, Christian, Vietnam
Keir Starmer, Britain’s newest leader, wants to force lawmakers in the country’s upper chamber to step down at the same age. Does this mean he thinks octogenarians like President Joe Biden should step back from politics? Starmer said the talks were “a really good opportunity” for him to “speak to the president about the special relationship” between their two countries. He said Biden “deserves credit” for presiding over a summit that Ukrainian President Volodymyr Zelensky has called a success. “I took over the Labour Party four and a half years ago.
Persons: Winston Churchill, Keir Starmer, Joe Biden, ” Starmer, CNN’s Jake Tapper, Starmer, King Charles III, Biden, , Tapper, , Biden “, Volodymyr Zelensky, Putin, Kamala Harris “, Trump ”, We’ve, Emmanuel Macron, David Lammy, Lammy, Donald Trump –, CNN Tacking, Britain’s, Jeremy Corbyn, We’d, ’ ” Starmer, , we’ve, ’ ” Organizations: CNN, it’s, NATO, Conservative Party, Labour, Trump, BBC, Labour Party, Conservative, European Union Locations: America, Washington, United Kingdom, Ukraine, Russia, Britain, NATO
Airbus launches cost cuts to 'save 2024' after output woes
  + stars: | 2024-07-12 | by ( ) www.cnbc.com   time to read: +1 min
An Airbus A350-1000 aircraft flies above a mosque during the 2023 Dubai Airshow at Dubai World Central - Al-Maktoum International Airport on November 14, 2023. PARIS, July 12 (Reuters) — Airbus has launched a program of cost cuts and a freeze on overall headcount to shore up performance at its core planemaking business in 2024 and beyond, weeks after being forced to cut targets for jet production, industry sources said. An Airbus spokesperson declined to comment on internal memos but confirmed the existence of a performance-improvement plan. In the memo, Scherer predicted that Boeing's ongoing corporate and industrial crisis would force Airbus' main rival to "radically change for the better," the sources said. He also drew attention to the steady rise of China as a competitor with strong state backing and a big domestic market.
Persons: Christian Scherer, Scherer Organizations: Airbus, Maktoum International Airport, Boeing Locations: Dubai, Al, Maktoum, PARIS, China
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