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The Joint Program Office declined to comment to Military.com regarding the restriction. A spokesperson for the Marine Corps could not provide details on the restriction but said efforts are underway to return the aircraft to full operations. Pedro Caballero, a spokesperson for the Marine Corps, told Military.com when asked whether the restrictions applied to its roughly 350 Ospreys, the vast majority of the military's fleet. US Marine Corps MV-22B Ospreys take off at Port Darwin in Australia. An MV-22B Osprey conducts an external lift with US Marines during helicopter support team training at Marine Corps Air Station in Miramar, California.
Persons: , Military.com, Beth Teach, Cpl, Juan Torres, Capt, Pedro Caballero, Caballero, Colton Martin Lt, Rebecca Heyse, Amelia Kang, Brian Taylor, Taylor, Juan Paz Taylor Organizations: Service, Force, Marine Corps, Ospreys, Business, Navy, Naval Air Forces, Office, Naval Air Systems Command, Royal Australian Air Force Base, US Marine Corps, Corps, Port Darwin, Air Force Special Operations Command, Greyhound, House Armed Services, US Marines, Marine Corps Air, Services, Aviation, Air Force, Marines, Program Office, Marine, US Air National Guard, Staff Locations: Japan, Port, Australia, Miramar , California, Darwin, Washington ,, Lemonnier, Djibouti
That was the promise of Cerner, the medical-records company Oracle bought in 2021 for $28.3 billion — Oracle's biggest acquisition. At the time, Cerner managed the electronic health records for a quarter of all American hospitals, including those run by the Pentagon and the Department of Veterans Affairs. Larry EllisonCerner's electronic records, in short, were a deadly disaster for the VA. Never mind the futuristic, AI-driven healthcare system Ellison envisioned. In 2015, it beat out Epic, its main competitor, for a $4.3 billion contract to handle electronic health records for the Defense Department. It had agreed to process tens of millions of crucial medical records, but it couldn't handle the subsequent deluge of data.
Persons: Larry Ellison's, Ellison, Cerner, I'm, Larry Ellison, Neal Patterson, Cerner's, Patterson, Ellison's, they're, David Shulkin, Margaret Albaugh, Cerner couldn't, Charlie Bourg, , Larry, Marc Benioff, Ellison protégé, Mike Wilson, David Agus, oncologist, Agus, he'd, Steve Jobs, Sensei, We've, Georges De Keerle, Cerner —, hadn't, Mike Sicilia, Sicilia, Oracle, Anthony Jones Jr, Jones, Donald Remy, didn't, Seema Verma, Neil Evans, Sara Vaezy, Ed Meagher, haven't, Charlie Monroe —, it's, Charlie Bourg —, Bourg, Charlie Monroe, Monroe, Cathy McMorris Rodgers, grandkids, We're, there's Organizations: Oracle's, Oracle, Pentagon, Department of Veterans Affairs, Cerner, RAND Corporation, RAND, Big Tech, GE, Siemens, Cerner Corporation, Defense Department, Department of Defense, Business, Spokane, Ellison Institute of Technology, Microsoft, Agency, Health, Amazon, Veterans ' Affairs, Oracle Health, Navy, Columbus VA, BI, Life Sciences, Intermountain Health, UPMC, DOD, Seabees Locations: Las Vegas, antiaging, Silicon Valley, Spokane , Washington, Cerner, VistA, Bourg, Washington, Sicilia, Ohio, Columbus, Providence, Spokane, Monroe, CloudWorld
CNN —A man acquitted last year on charges linked to a 2020 plot to kidnap Michigan Gov. Gretchen Whitmer is now looking to unseat an incumbent county sheriff. Eric Molitor has filed to run in the Republican primary this August against Trent Taylor, the sheriff of deep-red Wexford County in Northern Michigan. Taylor told CNN he believes he’s constitutionally obligated to enforce the state’s laws and that it would be “reckless” not to do so, as Molitor has said he would. Molitor told CNN his experience opened his eyes to flaws in the justice system.
Persons: Gretchen Whitmer, Eric Molitor, Trent Taylor, , Taylor, , Molitor, Whitmer, he’s, ” Taylor, ” Molitor, we’ve, Dan Pfannes, Pfannes, MAGA, Donald Trump’s “, Trump, Michele Lundgren, Dana Nessel, ’ ”, CNN’s Lauren del Valle, Veronica Stracqualursi, Josh Campbell, Michelle Watson Organizations: CNN, Michigan, Republican, Democrat, Michigan State University, Northern, Capitol, Michigan House, Democrats, The Michigan Sheriffs ’ Association, Michigan Democratic Party, MAGA Republican, Michigan Republicans won’t, Republican Party Locations: Wexford County, Northern Michigan, Cadillac , Michigan, Michigan, Wexford
The federal IOU is now at $34.5 trillion, or about $11 trillion higher than where it stood in March 2020. Concern over such eye-popping numbers had been largely confined to partisan rancor on Capitol Hill as well as from watchdogs like the Committee for a Responsible Federal Budget. Uncharted territory for debt and deficitsIndeed, the CBO numbers are ominous, as they outline the likely path of debt and deficits. Surging budget deficits have been driving the debt, and the CBO only expects that to get worse. "The huge obvious problem is that the U.S. federal debt is now on a completely unsustainable long-term trajectory," analysts at Wolfe Research said in a recent note.
Persons: Greenlee Beal, Jerome Powell, Powell, Jamie Dimon, Ray Dalio, hasn't, Wolfe Organizations: U.S, Capitol, Wall, CBO, Union, JPMorgan Chase, Sky News, Bridgewater Associates, Financial Times, Treasury Department, Wolfe Research, U.S ., Federal Reserve Locations: Washington , U.S, Washington, Amsterdam, London, America, U.S
ETA helicopter carrying President Ebrahim Raisi crashed on Sunday, according to Iran’s state media and the country’s mission to the United Nations, but has yet to be found by search-and-rescue workers because of heavy fog. State media has yet to report on casualties or confirm the whereabouts or condition of the president. A delegation of ministers traveled with him in a convoy of three helicopters, state media reported, adding that the two other aircraft had reached their destinations. Here are the latest developments: The government canceled a planned cabinet meeting and instead convened an emergency meeting with the country’s crisis management committee, state media reported. Iran’s law stipulates that if the president dies, power is transferred to the first vice president and that an election must be called within six months.
Persons: Ebrahim Raisi, Hossein Amir Abdollahian, IRNA, , ” Ahmad Vahidi, Raisi, Mohammad Mokhber Organizations: United Nations Locations: Western Azerbaijan, Iran
Bruce Nordstrom, who along with three other members of the Nordstrom family transformed a small chain of Pacific Northwest shoe stores into an international fashion retail giant with more than 150 locations worldwide, died on Saturday at his home in Seattle. His death was confirmed by a company spokeswoman. As a grandson of John W. Nordstrom, the company’s Swedish immigrant founder, Mr. Nordstrom was part of the third generation of the family to run the company jointly, sharing power and making decisions by consensus, an unusual but successful Nordstrom tradition that continues to this day. He shared leadership with his cousins John N. Nordstrom and Jim Nordstrom, who were brothers, and Jack McMillan, who was married to their cousin Loyal Nordstrom. Management by committee is considered a business school formula for disaster, but the Nordstrom family, starting with Bruce’s father, Everett, and Everett’s brothers Elmer and Lloyd, decided that they could be more effective as co-leaders of the company, which was founded in 1901 in Seattle.
Persons: Bruce Nordstrom, Nordstrom, John W, John N, Jim Nordstrom, Jack McMillan, Loyal Nordstrom, Bruce’s, Everett, Elmer, Lloyd Organizations: Management Locations: Pacific Northwest, Seattle, Swedish
CNN spoke to 10 students and four faculty members at Morehouse College who had differing opinions on Biden speaking at their school. Jalen Silas Burch, a 19-year-old freshman, told CNN that he feels the president’s speech is a move to “pander” to Black male voters. Biden and Harris previously spoke at Morehouse College in 2022 as part of a major voting rights push with legislation stalled on Capitol Hill. Student volunteers assisting with the graduation ceremony at Morehouse College are also required this year to undergo a virtual de-escalation training with the Morehouse College Police Department before the graduation ceremony, according to an email obtained by CNN. “The number one conversation going on is that this graduation is not for President Biden.
Persons: Joe Biden, Biden, “ There’s, , Colin Royal, Kamala Harris, Morehouse, Cedric Richmond, , Jalen Silas Burch, Calvin Bell, ” Morehouse, ” Michael Henry, Noah Collier, David A, Thomas, Steve Benjamin, Benjamin, Eddie Glaude, Harris, Stephane Dunn, , ” Dunn, CNN’s Kayla Tausche, Victor Blackwell Organizations: Atlanta CNN, Morehouse College, Morehouse, Hamas, Maroon Tiger, Biden, Democratic, CNN, Morehouse College Democrats, Morehouse College ”, Israel, , The Atlanta University Center Student Intercommunal, Biden’s Cabinet, ” Morehouse, , White, Princeton, American Studies, Capitol, South Carolina State University, Howard University, Tennessee State, Secret, Student, Morehouse College Police Department Locations: Washington, Atlanta, Gaza, Georgia, Israel, Morehouse’s
Various labor market indicators are also showing growing weakness in the economy, he said. Societe GeneraleNational Federation of Independent Business data shows further labor market weakness is likely to come, as small business hiring plans continue to fall. Both stats would suggest a rising unemployment rate going forward. In the meantime, the labor market has consistently proven resilient despite high interest rates, and stocks have enjoyed an eye-popping rally to new highs. Some also argue that labor market data points like the rising unemployment rate have to be shown with context.
Persons: , Albert Edwards, didn't, Edwards, aren't, we'll, Societe Generale Edwards, Bob Elliott, groupthink Edwards, Alan Greenspan Organizations: Service, Societe Generale, Wall, Business, Societe Generale National Federation of Independent Business, ING, Generale, Unlimited Partners, Bridgewater Associates, of Labor Statistics, Tech
CNN —Alice Stewart, a veteran political adviser and CNN political commentator who worked on several GOP presidential campaigns, has died. Law enforcement officials told CNN that Stewart’s body was found outdoors in the Bellevue neighborhood in northern Virginia early Saturday morning. She went on to serve as the communications director in then-Arkansas Gov. Most recently, Stewart was the communications director for Texas Sen. Ted Cruz’s 2016 GOP campaign. David S. HollowaySpeaking about her role as a commentator for the network, Stewart told Harvard Political Review in 2020 that she brings “a perspective that I think CNN appreciates.”“My position at CNN is to be a conservative voice yet an independent thinker,” Stewart said.
Persons: Alice Stewart, “ Alice, ” Mark Thompson, , ” Stewart, Stewart, Mike Huckabee’s, Michele Bachmann, Pennsylvania Sen, Rick Santorum, Texas Sen, Ted Cruz’s, Wolf Blitzer, , ” Blitzer, Jessica Dean, ” Suzanne Malveaux, Charles Blow, David S, “ I’m, Trumper, Maria Cardona, she’s, ” Cardona, Alice, Credit Union Cherry, CNN’s Kayla Gallagher Organizations: CNN, Harvard International, Arkansas Gov, Minnesota, Texas, GOP, CNN Grill, Convention, Harvard, Trump, “ CNN, Institute of Politics, Harvard University’s Kennedy School, TCS New York City Marathon, Credit Union, Credit Union Cherry Blossom Locations: Bellevue, Virginia, Atlanta, Georgia, Rock , Arkansas, Pennsylvania, Charlotte , North Carolina
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewRep. Lauren Boebert made headlines with her show of support at former President Donald Trump's hush-money trial on Thursday, but has been conspicuously absent for her own son's court appearances, according to multiple reports. During the April hearing, Boebert was in Congress voting against the passage of the Sea Turtle Rescue Assistance and Rehabilitation Act, records show. Records show that the day before the May hearing, Boebert spoke in a House debate. Showing up to support Trump in court has become something of a pilgrimage for many GOP figures in recent weeks.
Persons: , Lauren Boebert, Donald Trump's, President Trump, Boebert, Stormy Daniels, Boebert's, Tyler, Tyler Boebert, He's, didn't Organizations: Service, Colorado congresswoman, Freedom Caucus, Business, Trump, Rescue Assistance, Rehabilitation, Daily Mail, Daily, The New York Times Locations: Manhattan, Denver, Colorado
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFinal Trades: Alphabet, Honeywell, Prudential and Hercules CapitalThe Investment Committee gives you their top stocks to watch for the second half.
Organizations: Honeywell, Prudential, Hercules, Investment
FLiRT variants are offshoots of the JN.1 variant — all part of the broader Omicron family — that caused this winter’s wave. The mutations of the FLiRT variants make increased transmissibility — and a possible summer wave — a real threat. “We learned from the laboratories that FLiRT variants appeared, so far, to be as transmissible as the other Omicron subvariants, which means they’re really quite contagious. As of May 1, the requirement for all hospitals to report Covid-19 data to the federal government has expired. While the FLiRT variants pose some risk this summer, experts remain focused on what might happen in the fall.
Persons: CNN —, , Andy Pekosz, “ We’ve, William Schaffner, ” Schaffner, it’s, ” Pekosz, , Dr, Sanjay Gupta, we’ve Organizations: CNN, US Centers for Disease Control, Data, Johns Hopkins Bloomberg School of Public Health, Vanderbilt University, Schaffner’s Vanderbilt University Medical Center, CDC, JAMA, CNN Health, JN, US Food Locations: United States, Covid
The Ugly Effect of Physical Insults
  + stars: | 2024-05-17 | by ( Vanessa Friedman | ) www.nytimes.com   time to read: +1 min
Debates can get, well, ugly in Congress, but rarely do they descend to the level of physical taunts. Yet that is exactly what happened on Thursday during a meeting of the House Oversight Committee. During a discussion about whether Attorney General Merrick B. Garland should be held in contempt of Congress, Representative Marjorie Taylor Greene, a Republican from Georgia, told Representative Jasmine Crockett, a Democrat from Texas, “I think your fake eyelashes are messing up what you’re reading.”Representative Alexandria Ocasio-Cortez, a Democrat from New York whose own signature red lipstick has become something of an online lighting rod, then leaped to Ms. Crockett’s defense. “How dare you attack the physical appearance of another person,” she said. Further name-calling ensued, culminating in Ms. Crockett’s covertly returning the insult by asking the chair, James R. Comer, “If someone on this committee then starts talking about somebody’s bleach blond, bad-built butch body, that would not be engaging in personalities, correct?” (That description being a not-entirely-implicit reference to Ms.
Persons: Merrick B, Garland, Marjorie Taylor Greene, Jasmine Crockett, , Alexandria Ocasio, , Crockett’s, James R, Comer, Greene Organizations: Republican, Locations: Georgia, Texas, Cortez, New York
Opinion | When ‘Stop the Steal’ Becomes Your Motto
  + stars: | 2024-05-17 | by ( Jamelle Bouie | ) www.nytimes.com   time to read: +1 min
There is a good chance that Donald Trump’s polling lead in the 2024 presidential election is more fragile than it looks. The most immediate problem for him is the fact that he’s on trial in a criminal case. There is also the issue of the campaign itself, which is a smaller affair than his 2020 effort, with fewer resources. Trump could very well hold his lead through the summer and into the fall but still fail to turn stated preferences into actual votes. What looks solid in the numbers could turn out to be ephemeral in the final tallies.
Persons: Donald Trump’s, Trump, G.O.P, Organizations: Trump, Republican National Committee, Washington Post Locations: Arizona, Georgia, Michigan
On Friday, the former president will be back, speaking at a fund-raising dinner for the Minnesota Republican Party in St. Paul that is open only to paying guests and invited media. Whether the visit is a feint to draw Democratic dollars to the state or a true effort to expand the electoral map, only the Trump campaign knows. The Trump campaign believes it can capitalize on — or foment — a backlash to the leftward march of the Twin Cities and still-fresh memories of the unrest after the killing of George Floyd. “We have a real opportunity to expand the map here,” Chris LaCivita, a senior Trump campaign adviser, told The Associated Press ahead of Mr. Trump’s visit. In an interview with a conservative radio station in March, Mr. Trump falsely claimed he won Minnesota in 2020.
Persons: Donald J, Trump, Hillary Clinton, Paul, , Angie Craig, Richard M, Nixon, Trump’s, Clinton, Biden, , Pete Stauber, Donald Trump, Dean Phillips, Phillips, Mr, Jack Rendulich, Collin Peterson, Rick Nolan, Stauber, Tim Walz, George Floyd, Ilhan Omar, Floyd’s, Chris LaCivita, Jim Manley, Barack Obama, Tim Pawlenty, Minnesota’s Organizations: Minnesota Republican Party, Trump, Republican, Republicans, Democratic, , Democrat, Mr, Associated, Agriculture, Democratic Socialists of America, City Council, Democrats, Twin, Alpha, Associated Press, North, North Carolina, Midwest, Minnesota Locations: Minnesota, St, Minneapolis, Paul, ” Minnesota, Northeast Minnesota, Twin Cities, Democratic, City, Gaza, North Carolina, Illinois
Alito said that a neighbor had posted a sign saying “F**k Trump” near a school bus stop and then a sign attacking his wife, Martha-Ann Alito. The upside-down flag was a symbol for former President Donald Trump’s supporters who falsely claimed widespread fraud in the presidential election. A spokeswoman for the Supreme Court has not respond to CNN’s requests for comment. “Flying an upside-down American flag — a symbol of the so-called ‘Stop the Steal’ movement — clearly creates the appearance of bias,” Durbin said in a statement. Renewed calls for ethics reformThe Supreme Court is weighing major cases this term tied to the 2020 election and the attack on the Capitol.
Persons: Samuel Alito, Alito, Martha, Ann Alito, Fox, Donald Trump’s, Tim Walz, “ I’m, Joe Biden’s, , , “ It’s, Trump, Hank Johnson, Clarence Thomas, ” MAGA, Thomas, ” Johnson, ” Sen, Dick Durbin, ” Durbin, Sen, Tom Cotton, Carolina Sen, Lindsey Graham, Jack Smith’s, John Roberts, Sheldon Whitehouse, ” Whitehouse, Roe, Wade, Renee Knake Jefferson, ” Jefferson Organizations: CNN, Fox News, Trump, Democratic, Capitol, Minnesota Gov, New York Times, Times, Gadsden, Georgia Democrat, Committee, Illinois Democrat, Republicans, Arkansas Republican, Republican, Congress, Supreme, Rhode, Rhode Island Democrat, , University of Houston Law Center Locations: Minnesota, Alexandria , Virginia, Washington, DC, Georgia, House, Arkansas, , Carolina, Rhode Island
Associate Justice Samuel Alito poses during a group photo of the Justices at the Supreme Court in Washington, April 23, 2021. The chair of the Senate Judiciary Committee on Friday urged Supreme Court Justice Samuel Alito to recuse himself from considering cases related to the 2020 election, including the question of former President Donald Trump's immunity from criminal prosecution, because of controversy over an upside-down U.S. flag that flew outside Alito's home after the election. "Flying an upside-down American flag — a symbol of the so-called 'Stop the Steal' movement — clearly creates the appearance of bias," said Durbin, the Illinois Democrat who heads the Judiciary Committee. "Justice Alito should recuse himself immediately from cases related to the 2020 election and the January 6th insurrection, including the question of the former President's immunity in U.S. v. Donald Trump, which the Supreme Court is currently considering," Durbin said in a statement. "The Court is in an ethical crisis of its own making, and Justice Alito and the rest of the Court should be doing everything in their power to regain public trust."
Persons: Samuel Alito, Donald Trump's, Sen, Dick Durbin, Alito, Durbin, Donald Trump, Justice Alito Organizations: New York Times, Illinois Democrat, Committee Locations: Washington, Virginia
CNN —Democratic Rep. Jasmine Crockett criticized Republican Rep. Marjorie Taylor Greene, calling her “racist,” following a tense House Oversight markup Thursday evening that quickly devolved into personal attacks. Speaking to reporters on Friday about the incident, Crockett said, “That’s all it is, it is racism. After a series of votes in response to Greene’s explosive rhetoric, Crockett made a dig that appeared to be directed at the Republican. Crockett said on Friday that Greene is unserious and does not respect the process. The top Democrat on the committee, Rep. Jamie Raskin, said that House Republicans’ behavior “brought disgrace to the whole institution,” criticizing Greene’s conduct in the hearing.
Persons: Jasmine Crockett, Marjorie Taylor Greene, General Merrick Garland, Joe Biden’s, Robert Hur, Greene, ” Greene, Crockett, , can’t “, Judge Juan Merchan, Donald Trump, Alexandria Ocasio, Cortez, “ I’m, ” Crockett, doesn’t, we’re, MAGA, , I’m, Tim Burchett, butch, , Jamie Raskin, Greene’s Organizations: CNN — Democratic, Republican, Georgia Republican, CNN, Republicans, Trump, Democrats, Democratic, New York Democrat, Democrat Locations: Georgia, New York, Texas, Alexandria
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTrade Tracker: The Investment Committee details their latest portfolio movesKevin Simpson and Steve Weiss explain their latest trades in Amgen, Duke Energy and Caterpillar.
Persons: Kevin Simpson, Steve Weiss Organizations: Duke Energy, Caterpillar Locations: Amgen
It’s just the latest sign that the pilgrimage to Trump’s criminal trial in New York has become a new litmus test for Trump loyalty inside the GOP ahead of November. Then, the GOP members joined Trump in his motorcade – including the Republican candidate challenging GOP Rep. Bob Good, who has tried to cozy up to Trump after initially endorsing Florida Gov. President, we’ve got your back,” GOP Rep. Andy Ogles said outside the courthouse. Gaetz along with Boebert and GOP Rep. Anna Paulina Luna, who were all in New York on Thursday, missed the vote. GOP Rep. Marjorie Taylor Greene sparked outrage when she went after Democratic Rep. Jasmine Crockett’s appearance and Democratic Rep. Alexandria Ocasio-Cortez’s intelligence, with the committee meeting devolving into a heated sparring match.
Persons: Donald Trump, Trump’s, Trump, GOP Sen, Rick Scott of, Mike Johnson – who’s, “ There’s, It’s, it’s, Johnson, Lauren Boebert, Ralph Norman of, , Doug Burgum, Ohio Sen, J.D, Vance, Rick Scott, Vivek, Ramaswamy, Todd Blanche, Sen, We’ve, Eric, Bob Good, Ron DeSantis –, “ Mr, we’ve, Andy Ogles, ” Norman, , Matt Gaetz, Stormy Daniels, Andrew Kelly, Reuters Legislating, Merrick Garland, Joe BIden’s, Robert Hur –, Andy Biggs, Biden, Anna Paulina Luna, Marjorie Taylor Greene, Jasmine Crockett’s, devolving, haven’t, “ Greene, johnny, suzy, latelys, Greene –, , Boebert, Greene, “ Lauren Boebert, ” Boebert Organizations: CNN, Trump, he’s, GOP, Republicans, , North Dakota Gov, Manhattan Criminal, Caucus, Capitol, White House, Republican, Florida Gov, US Capitol Police, U.S, Reuters, Judiciary, Democratic Rep Locations: Manhattan, New York, Rick Scott of Florida, Colorado, Ralph Norman of South Carolina, Ohio, New York City, Trump, U.S, Capitol Hill, Israel, Gaza, Gaetz, Alexandria
Exchange of insults at House committee hearing
  + stars: | 2024-05-17 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailExchange of insults at House committee hearingA House Oversight and Accountability Committee meeting on Thursday night descended into chaos.
Even by the rock-bottom standards of the 118th Congress, Thursday night’s three-hour voting session of the House Oversight Committee was perhaps a new low. The members of the Republican-led committee gathered after 8 p.m. in a Capitol Hill hearing room ready for a fight — some members of the audience were even said to have brought alcoholic beverages to enjoy the show. Back in Washington, lawmakers were ostensibly meeting for the most serious and somber of reasons: to debate whether to hold a cabinet official in contempt of Congress. Who better to instigate the chaos than Representative Marjorie Taylor Greene, the right-wing Georgia Republican best known for her penchant for incendiary statements and stunts? Her first target was Representative Jasmine Crockett, the Democrat from Texas who frequently takes on Ms. Greene in the committee.
Persons: Donald J, Trump, Merrick B, Garland —, James Comer of, Marjorie Taylor Greene, Jasmine Crockett, Greene Organizations: 118th, Republican, Republicans, Georgia Republican, Democrat Locations: Manhattan, Washington, James Comer of Kentucky, Texas
Beaten-down clean energy stocks have rallied this week. The iShares Global Clean Energy exchange-traded fund, which tracks sectors from renewable electricity to semiconductors to solar energy, has gained roughly 3%. Plug Power shares have climbed 33%, Enphase Energy shares have gained 8% and NextEra Energy shares have added 4%. Some investors warn that though the tariffs could continue boosting clean energy stocks, the recent rally isn’t driven by just improving fundamentals. Damaging hacks expose the weak underbelly of America’s health care systemA pair of recent ransomware attacks crippled computer systems at two major American health care firms, disrupting patient care and exposing fundamental weaknesses in the US health care system’s defenses against hackers, reports my colleague Sean Lyngaas.
Persons: New York CNN — It’s, Joe Biden, CNN’s Kayla Tausche, , Steve Sosnick, Roaring Kitty, Keith Gill, Dow, Nicole Goodkind, stoking, Gary Pzegeo, ” Read, Sean Lyngaas, cybersecurity, ” Joshua Corman, Sen, Ron Wyden Organizations: CNN Business, Bell, New York CNN, Clean Energy, Enphase Energy, NextEra Energy, Biden, Federal Reserve, Interactive Brokers, CNN, GameStop, AMC Entertainment, Roaring, Dow Jones Industrial, Nasdaq, Markets, Bureau of Labor Statistics, CIBC Private Wealth, “ Industry, Oregon Democrat Locations: New York, China
The bill says the FAA Administrator will decide within 60 days whether to mandate minimum seat dimensions on planes for safety reasons. Senate Commerce Committee Chair Maria Cantwell said: "Plane manufacturers will see more safety inspectors on factory floors and tougher safety standards from the FAA." "The bipartisan Federal Aviation Administration reauthorization is a big win for travelers, the aviation workforce, and our economy. It will expand critical protections for air travelers, strengthen safety standards, and support pilots, flight attendants, and air traffic controllers," Biden said in a statement. AdvertisementHe added: "Passengers shouldn't have to jump through endless hoops just to get the refunds that they are owed, and corporations shouldn't rip off hardworking Americans through hidden junk fees."
Persons: , Joe Biden, Maria Cantwell, Biden Organizations: Service, Federal Aviation Administration, National Transportation Safety Board, Business, FAA, Alaska Airlines
New York CNN —Shareholders of embattled airplane maker Boeing approved a pay package of nearly $33 million for outgoing CEO Dave Calhoun at the company’s annual general meeting on Friday. That’s the highest package ever paid to the company’s CEO and a 45% increase from the $22.6 million he received for 2022. The vast majority of the bump comes from a giant stock bonus granted on top of his more-than-a-million-dollar salary. Calhoun, who has led Boeing since 2020, announced in March that he will leave the company by the end of the year. The shareholder vote on Friday was made to approve Calhoun’s 2023 pay package.
Persons: Dave Calhoun, Calhoun, Max, , Steve Mollenkopf, “ It’s, , Mollenkopf Organizations: New, New York CNN —, Boeing, Alaska Airlines Locations: New York,
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