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☆ A bumper crop of art is hitting the New York auction market. Will Trump help?
▼ + stars: | 2024-11-19 | by ( Auzinea Bacon | John Towfighi | ) edition.cnn.com time to read: +6 min

Art on the auction blockA little more than half of Phillips, Christie’s and Sotheby’s sales — which will carry the three aforementioned art pieces — were based in New York, where 34 of the top 50 auction lots were sold in 2023, according to an Art Basel and UBS Art Market Report. Christie’s is auctioning 689 lots this week as part of the November art auctions. But Todd Levin of Levin Art Group was skeptical that tax cuts would do much for the art market. Interest ratesAnother drag on the art market over the last few years: high interest rates. A signal for what’s to comeNew York’s art auctions in the spring and fall could be a sign of things to come for the global art market, according to Woodham.

Persons: Maurizio Cattelan’s, ”, Andy Warhol’s “, Rene Magritte’s “, Sotheby’s, Phillips, Merrill Lynch, Donald Trump, Alex Glauber, ” Glauber, Christie’s, René Magritte, Marc Porter, Hiroko Masuike, Trump, bode, Todd Levin, “ It’s, Doug Woodham, —, Fernando Botero's, Kena Batancur, Glauber, Amy Whitaker, ’, ” Whitaker Organizations: New, New York CNN, Andy Warhol’s “ New York Skyscrapers, of, Christie’s, Association of Professional Art Advisors, CNN, Art Basel, UBS Art, New York Times, UBS Survey, Global, Trump White, Levin Art, Federal Reserve, Trump, NYU Steinhardt Locations: New York, Belgian, Christie’s Americas, Woodham, AFP, Miami

☆ New regulations push electric ‘air taxis’ closer to reality, FAA says
▼ + stars: | 2024-10-22 | by ( Pete Muntean | ) edition.cnn.com time to read: +2 min

CNN —The Federal Aviation Administration has published new rules that it calls “the final piece of the puzzle” toward allowing half-helicopter, half-airplane, electric “air taxis” to start whizzing through the skies. “For the last 80 years, we’ve had two types – rotor and fixed wing,” Whitaker said. “We now have a third type.”Known as electric vertical takeoff and landing aircraft, or eVTOLs, the FAA now recognizes the designs as falling under its newly created powered lift category. Joby hopes to bring its aircraft to market by 2025, but it has yet to be certified by the FAA to carry paying passengers. “Delivering the rules ahead of schedule is testament to the dedication, coordination and hard work of the rulemaking team.”

Persons: “, Mike Whitaker, we’ve, ” Whitaker, Joby, ”, Joby’s Organizations: CNN, Federal Aviation Administration, FAA, National Business Aviation Association, Joby Aviation Locations: Las Vegas, California, U.S

☆ SpaceX gets green light for fifth Starship test flight
▼ + stars: | 2024-10-12 | by ( Jackie Wattles | ) edition.cnn.com time to read: +8 min

CNN —Federal regulators granted SpaceX its long-awaited license to move forward with a fifth uncrewed test launch of Starship, the most powerful rocket system ever constructed. The FAA had been expected to hand down a license for this test launch weeks ago. SpaceX has also publicly denied reports that the company violated wastewater regulations with the deluge system, which SpaceX says uses potable water. Notably, the company launched a 2020 test flight of a prototype rocket, called Starship SN8, without obtaining prior approval from the FAA for a public safety waiver. At one point in 2023, for example, he said that he did not blame the FAA for holding up Starship launches.

Persons: “, Artemis, Elon Musk, ”, Mike Whitaker, Whitaker, SpaceX’s, ” Whitaker, Patrick T, Fallon, SpaceX, didn’t, Biden, Donald Trump —, Whitaker “, ” Musk, Jose Luis Magana, Kevin Kiley, they’re Organizations: CNN, SpaceX, US Federal Aviation Administration, NASA, FAA, ”, Super, Getty, Texas Commission, Environmental, Environmental Protection Agency, Committee, Transportation, Aviation, US, Infrastructure, Republican Locations: Boca Chica , Texas, Texas, AFP, California

☆ Boeing 737 Max: FAA says workers pressured to put speed over quality
▼ + stars: | 2024-09-25 | by ( Pete Muntean | ) edition.cnn.com time to read: +3 min

Washington CNN —Boeing factory workers felt pressured to prioritize production speed over quality and said they did not receive enough training to properly perform their jobs, according to the results of a special investigation by the Federal Aviation Administration (FAA) published Wednesday. In January, a door plug blew off a 737 Max operated by Alaska Airlines shortly after takeoff. One of the more egregious examples, according to the audit, was a Boeing mechanic who used an improvised measuring device to check gaps between components. But there is still much work to be done on fixing Boeing’s safety culture, he said. “I think the safety culture change is going to be a long-term project,” Whitaker said.

Persons: Max, Mike Whitaker, ”, Whitaker, “, ” Whitaker Organizations: Washington CNN — Boeing, Federal Aviation Administration, Alaska Airlines, Boeing, Senate, Investigations, FAA, CNN, House Locations: Renton, Washington

☆ After a string of safety issues, Boeing is about to release a plan to fix its quality problems
▼ + stars: | 2024-05-29 | by ( Gregory Wallace | ) edition.cnn.com time to read: +5 min

Washington CNN —Boeing is expected to release a plan this week to fix its endless string of safety issues that have been under federal investigation following a midflight fuselage blowout in January. Since then, the FAA and Boeing have met multiple times about the company’s progress and the plan’s scope. FAA Administrator Mike Whitaker said last week he sees the plan as only the “beginning” of a process for Boeing. Boeing later agreed to financial penalties and a deferred prosecution agreement to settle a criminal charge of defrauding US regulators. Its marching orders for the plan include addressing the audit and expert panel findings and explaining how it will integrate safety and quality assurance policies into practice.

Persons: Mike Whitaker, “ It’s, ” Whitaker, Max, Dave Calhoun, David Ryder, Whitaker, AeroSystems, Brian West, “ We’re, we’ll Organizations: Washington CNN, Boeing, Aviation Administration, FAA, ABC, Air Force, Alaska Airlines, Transportation Safety, Department of Justice, CNN, Employees, “ Locations: Portland , Oregon, Wichita , Kansas, Renton , Washington

☆ Wall Street is about to see its biggest trading change in years
▼ + stars: | 2024-05-24 | by ( Krystal Hur | ) edition.cnn.com time to read: +6 min

New York CNN —Buying or selling a stock is about to get a lot snappier starting next Tuesday. But that doesn’t mean it’ll get smoother, at least right away — and some financial firms are preparing to handle any possible bumpiness. Clearinghouses, which sit between buyers and sellers, collect margins from traders as evidence that they can afford to make the transaction. Baird has had a T+1 committee in place since last summer to ensure such hiccups don’t happen, Lee said. “The existing two-day period to settle trades exposes investors and the industry to unnecessary risk and is ripe for change,” Robinhood CEO Vlad Tenev said in a February 2021 release.

Persons: “, That’s, ” Gary Gensler, ”, Rich Lee, Baird, Lee, Reddit, Vlad Tenev, Max, Gregory Wallace, Brian West, Mike Whitaker, ” “, ” Whitaker, Read, Meta, that’s, Clare Duffy, Patrick Collison, Nat Friedman, Tobi Lütke, Charlie Songhurst, White, OpenAI Organizations: CNN Business, Bell, New York CNN, Securities and Exchange Commission, Employees, GameStop, AMC Entertainment, AMC, Robinhood, Investors, Boeing, FAA, Federal Aviation Administration, Wolfe Research, ABC, Microsoft, Meta Locations: New York, OpenAI

☆ Boeing on track to meet FAA deadline to present quality control fixes
▼ + stars: | 2024-05-23 | by ( Gregory Wallace | ) edition.cnn.com time to read: +2 min

CNN —Boeing will present its plan to fix quality problems with its assembly line to US regulators next week, the company said Thursday. The FAA said it audited the production line at Boeing and its key 737 Max supplier and found “multiple instances where the companies allegedly failed to comply with manufacturing quality control requirements.” It gave Boeing 90 days to present a plan — and that deadline is next week. Boeing chief financial officer Brian West said Thursday that Boeing and the FAA have had “lots of dialogue” including two check-ins during the preparation of the plan. “Our objective is to make sure the mechanic is fully prepared to do the work as intended,” West said. “We have frustrated and disappointed our customers because of some of the production supply chain issues that we’re up against,” West said.

Persons: Max, Brian West, ”, “, Mike Whitaker, ” “, ” Whitaker, West, ” West, AeroSystems Organizations: CNN, Boeing, Federal Aviation Administration, FAA, Wolfe Research, ABC News, ”, Airbus

☆ Opinion: Why memes about Mommy and wine are no joke
▼ + stars: | 2024-04-24 | by ( Kara Alaimo | ) edition.cnn.com time to read: +6 min

Editor’s note: Kara Alaimo, an associate professor of communication at Fairleigh Dickinson University, writes about issues affecting women and social media. At work, women on average earn just 84 cents for every dollar earned by men and are up against endless stereotypes about why they’re not leadership material. “Anyone who’s been on social media in the last ten years has seen the memes: ‘Mommy needs wine.’ ‘I wine because my kids whine.’ You can buy infant onesies that say ‘I’m the reason mommy drinks’ on Amazon,” Yvonne points out. It requires social structures such as an adequate childcare system and resources for women who need to leave abusive homes. We all also need to stop sharing jokes and memes that suggest it’s humorous for people of any gender to deal with the stresses they’re up against by imbibing carcinogens.

Persons: Kara Alaimo, Kara, Celeste Yvonne, it’s, Yvonne, they’re, who’s, ” Yvonne, —, I’ve, Holly Whitaker, Carol Lee Flinders, ” Whitaker Organizations: Fairleigh Dickinson University, Women, Press, Facebook, CNN, JAMA, Pew Research Center, US Centers for Disease Control Locations: United States

☆ Boeing is in big trouble
▼ + stars: | 2024-03-12 | by ( David Goldman | ) edition.cnn.com time to read: +4 min

LATAM called it a “technical event.” Boeing said it’s working to gather more information. Between lawsuits, potential fines and lost business, Boeing could lose billions more dollars from the blowout. In February, pilots on a United Airlines 737 Max reported that the flight controls jammed as the plane landed in Newark. The FAA is allowing the planes to continue flying and Boeing said the problem does not pose an immediate safety risk. And the FAA said Boeing’s safety and quality problems extend beyond its inability to produce paperwork.

Persons: CNN —, LATAM, it’s, Max, Mike Whitaker, ” Whitaker, Whitaker, “, ” Boeing’s, It’s, CNN’s Colin McCullough, Greg Wallace Organizations: CNN, Boeing, Alaska Airlines, United Airlines, The National Transportation Safety, Federal Aviation Administration, FAA, NTSB Locations: Australia, New Zealand, Newark

☆ Here’s why a SCOTUS ruling on social media rules matters to so many people
▼ + stars: | 2024-02-27 | by ( Brian Fung | ) edition.cnn.com time to read: +8 min

It’s obvious enough that the legislation would affect those social media giants, who are challenging the laws’ constitutionality through industry trade associations. But in scrutinizing the laws’ scope and First Amendment impacts, justices from both sides of the ideological spectrum worried Monday that the legislation’s effects could spill far beyond major social media platforms. “We’re talking about the classic social media platforms, but it looks to me like it could cover Uber. Social media applications are seen on an iPhone in this photo illustration taken on 10 November, 2023 in Warsaw, Poland. (Photo by ANDREW CABALLERO-REYNOLDS / AFP) (Photo by ANDREW CABALLERO-REYNOLDS/AFP via Getty Images) Andrew Caballero-Reynolds/AFP/Getty ImagesThat law permits social media users to try to sue platforms for violations.

Persons: CNN — Uber, —, Henry Whitaker, “, ”, Amy Coney Barrett, Sonia Sotomayor, Whitaker, Jaap Arriens, ” Whitaker, Sotomayor, Ketanji Brown Jackson, “ I’m, ” Jackson, Uber, Aaron Nielson, Barrett, ” Sotomayor, ” Nielson, ” Chris Marchese, ANDREW CABALLERO, REYNOLDS, Andrew Caballero, Reynolds, Neilson, ” Barrett, you’ve, Elena Kagan, you’re, Kagan Organizations: CNN, Facebook, YouTube, Web, LinkedIn, NetChoice Litigation, AFP, Getty, Texans, PayPal Locations: Texas, Florida, Warsaw, Poland, ” Texas, ”, Washington , DC, AFP, El Paso

☆ We’re about to get investigators’ first report on the Alaska Airlines flight whose door plug blew off
▼ + stars: | 2024-02-06 | by ( Pete Muntean | ) edition.cnn.com time to read: +2 min

CNN —The National Transportation Safety Board will release its preliminary report Tuesday on last month’s blowout of a part of an Alaska Airlines Boeing 737 Max 9 flight, NTSB spokesman Eric Weiss told CNN. On a January 5 Alaska flight 1282, the door plug blew off the side of the plane. The door plug fills a space in the fuselage that can otherwise contain an emergency exit door when plane seats are arranged a certain way. CNN has reported that NTSB investigators have been closely scrutinizing the door plug and whether crucial bolts that hold it in place were properly installed when the incident occurred. Meanwhile, the head of the Federal Aviation Administration will tell House lawmakers Tuesday that his agency is “closely scrutinizing” Boeing after last month’s door plug blowout.

Persons: Eric Weiss, Mike Whitaker, Whitaker, “, ” Whitaker, ” Organizations: CNN, Transportation, Alaska Airlines Boeing, Max, Federal Aviation Administration, Boeing, NTSB, FAA Locations: Alaska, United States, Renton , Washington

☆ FAA keeps Boeing’s 737 Max 9 grounded as it reviews inspections and data
▼ + stars: | 2024-01-12 | by ( Pete Muntean | ) edition.cnn.com time to read: +6 min

CNN —The Federal Aviation Administration said on Friday that after reviewing Boeing’s instructions for inspecting grounded 737 Max 9 planes, it has decided to seek more information before allowing the plan to proceed. One hundred and seventy-one of the planes remain grounded in the United States as airlines Alaska and United await updated emergency inspection guidance from the FAA. The FAA said it plans to collect data from the inspection of 40 of the planes using Boeing’s procedures before deciding whether the process will work for the rest of the grounded planes. It’s unclear whether the 40 planes will come from the Alaska Airlines fleet or the United Airlines fleet – the two airlines that fly this model of aircraft – or both. The agency’s latest move comes as the FAA also plans to audit the Boeing 737 Max 9 production line and its suppliers, with a focus on ensuring quality control.

Persons: “, Mike Whitaker, ”, Whitaker, ” Whitaker, David Calhoun, “ We’re, ” Calhoun, Dave Calhoun, Calhoun, ” Jennifer Homendy, CNN’s Poppy Harlow Organizations: CNN, Federal Aviation Administration, FAA, Boeing, Max, Alaska Airlines, United, United Airlines, Wednesday, CNBC Locations: United States, Alaska, ”, Indonesia, Ethiopia

Students nationally are holding people in power accountable, said Jackie Alexander, incoming president of the College Media Association and director of student media at the University of Alabama-Birmingham. With growing reports of student journalists being doxxed, ostracized on campus and otherwise harassed, the College Media Association is looking into ways to help them, Alexander said. “I've never seen a better front page,” veteran editor and Columbia Journalism School professor Bill Grueskin said on social media. “So many people think of student journalists as students first,” Martin said. “But in a lot of ways student journalists are just journalists.

Persons: Stanford, “ I've, —, “, ”, Theo Baker, Marc Tessier, Lavigne, George Polk, Polk, Pat Fitzgerald, Jackie Alexander, ” Alexander, ” Charles Whitaker, ” Whitaker, Tessier, Levigne, it's, He's, ” Baker, he's, Peter Baker, Susan Glasser, Alexander, Martin, lowkey, Joe Biden, Bill Grueskin, ” Martin, Raul Reis, ” Reis, ” There's, Whitaker, there's, aren't Organizations: Northwestern University's, Stanford University, Columbia Daily Spectator, Harvard Crimson, Harvard, Foreign, Initiative, College Media Association, University of Alabama, Medill, Daily Northwestern, Stanford, The New York Times, The, University of North, Columbia Journalism, UNC, Trump, The University of Texas, Austin Locations: New York, Birmingham, University of North Carolina, North Carolina, Chapel Hill, Manhattan, Morningside Heights, West Harlem, Texas

NEW YORK (AP) — In a new study, Black Americans expressed broad concerns about how they are depicted in the news media, with majorities saying they see racist or negative depictions and a lack of effort to cover broad segments of their community. Political Cartoons View All 1182 Images“There's a feeling that Black Americans are often depicted as perpetrators or victims of crime, and there are no nuances in the coverage,” Whitaker said. For example, 46% of Republicans and 44% of Democrats say that news coverage largely stereotyped Black people, Pew said. While 57% of those in lower income levels said news coverage about Black people was more negative than it was about other groups. Prince said there was notable progress, post-Floyd, in the hiring of Black journalists into leadership roles in the media.

Persons: George Floyd's, Pew, “ It's, ”, Charles Whitaker, ” Whitaker, “, Richard Prince, Prince, he's, Katerina Eva Matsa, Matsa, Whitaker, Medill, “ We're, Floyd Organizations: Pew Research Center, Medill, Northwestern University, Blacks, Black Democrats, Republicans, Pew, Northwestern Locations: New

NEW YORK (AP) — The iconic stopwatch won't be reset, but for six episodes this fall, “60 Minutes” will become 90 minutes. Political Cartoons View All 1154 ImagesMore than a half century in, “60 Minutes” remains the most popular show in television news. “60 Minutes” has almost completely turned over its correspondent corps since its glory years, with Lesley Stahl remaining as the elder stateswoman. It's almost a defiant normalcy.”Besides Whitaker, Stahl, Vega and Pelley, the current “60 Minutes” correspondent team includes Sharyn Alfonsi, Anderson Cooper and Jon Wertheim. “I think Morley would be proud of this show.”

Persons: “, Bill Owens, George Cheeks, Owens, ”, Bill Whitaker, That's, Lesley Stahl, Cecilia Vega, ” Owens, Vega, Whitaker, Scott Pelley —, Edward R, Murrow, ” Whitaker, Stahl, Alfonsi, Anderson Cooper, Jon Wertheim, Pelley, Morley Organizations: CBS, NFL, Hollywood, Nielsen, ABC, U.S ., “ Locations: Coast, Isle of, Poland, Russia, Ukraine, Russian, Europe, U.S

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