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The plane, a Boeing 737 Max 8, was flying at an altitude of 34,000 feet from Phoenix to Oakland, Calif., around 8 a.m. Pacific time on May 25 when the flight crew members said they experienced what is known as a Dutch roll, the N.T.S.B. A Dutch roll is “a coupled oscillation” that creates simultaneous side-to-side and rocking motions, producing a figure-8 effect. The phenomenon is believed to have been named by an aeronautical engineer who compared it to a traditional ice skating technique made popular in the Netherlands. If unaddressed, the wobbling can become more exaggerated, creating a dangerous feedback loop. “It’s a weird movement of the airplane, an oscillation that, if not dampened or stopped, could continue to get worse and worse,” said Jeff Guzzetti, a former accident investigator for the F.A.A.
Persons: , Jeff Guzzetti, Organizations: Southwest Airlines, Federal Aviation Administration, National Transportation Safety Board, Boeing Locations: Phoenix, Oakland, Calif, Netherlands
How Tesla Shareholders Upheld Elon Musk’s Sky-High PayTesla shareholders on Thursday voted to reaffirm a roughly $48 billion compensation package for Elon Musk, which was originally approved in 2018 and was nullified by a judge early this year. Mr. Musk’s pay package helped him become one of the richest people in the world. Thursday’s vote arose from a court case in Delaware, where the company is incorporated, that voided Mr. Musk’s pay package. California Public Employees’ Retirement System, or CalPERS, the largest pension fund in the United States, also opposed the pay package. The debate about Mr. Musk’s compensation raised questions about the limits of executive compensation and the accountability of Silicon Valley billionaires whose wealth gives them vast influence.
Persons: Elon Musk, Elon, Kimbal, Tesla, Musk, Eli Lilly, Nvidia Berkshire Hathaway Apple Tesla, Bernstein Organizations: Tesla, Elon, Sky, The New York, Mr, Norges Bank Investment Management, California Public, Broadcom, Chase Amazon, Nvidia Berkshire, The New York Times, Silicon, SpaceX, Fortune Locations: Delaware, United States, Texas, Austin
Fatherhood is good for dads. Here’s why
  + stars: | 2024-06-14 | by ( Elissa Strauss | )   time to read: +9 min
CNN —Many arguments about why dads should do more parenting focus on why that would be good for their wives or partners and kids. Simon & SchusterBut with their kids, dads have a chance to explore all these sides and more, often away from the scrutiny of the public eye. Dads really are doing more careIt may not always feel like fathers are doing more parenting, but they are. One cross-national study found that dads spent an average of 16 minutes a day caring for their kids in 1965. Also, dads find parenting “extremely important to their identity,” and enjoyable and rewarding nearly identically as often moms do.
Persons: It’s, Elissa Strauss, Simon, Schuster, ” Matt Englar, Carlson, Eric Gardner, Gardner, ” Gardner, ” Stephanie Coontz, , Brad Harrington, Harrington, they’re, , Caregiving, Brian Anderson, David Bullman, Bullman, I’m, , ” Elissa Strauss Organizations: CNN, Center for Boys, California State University, Fullerton, US Army, Boston College Center for Work, American Psychological Association, Others Locations: Colorado Springs
“I believe he’ll be a pro-life president in the future also.”Many senior Trump administration alumni and allies are now mapping out and drafting policy options for a second Trump term. A second Trump term would also put back in place and expand restrictions on Title X grants – federal funds for public and nonprofit groups that provide family planning. Resurrecting these actions in a second Trump would almost entirely be up to the discretion of whomever he appoints to lead the relevant federal agencies. With Roe v. Wade’s protections erased, anti-abortion activists would like a second Trump administration to push harder than it did before – especially in restricting access to mifepristone. Abortion rights advocates worry he could play an outsize role shaping abortion restrictions in a potential second Trump administration.
Persons: Donald Trump’s, Ronald Reagan, , Roe, Wade, Dobbs, Trump, ” Trump, , Trump –, Joe Biden’s, Kellyanne Conway, ’ ”, Mary Ziegler, Davis, Roger Severino, Trump’s, Reagan, Biden, ” Julie Lewis, Ziegler, David S, Cohen, Comstock, Skye Perryman, ” Mark Lee Dickson, Donald J, ” Dickson, “ He’s, Jonathan Mitchell, Mitchell Organizations: CNN, Trump, New, Capitol, “ Republicans, Democratic, Republican, Fox, Heritage Foundation, Biden’s, Department, University of California, Trump Health, Human Services, HHS, Food and Drug Administration, DOJ, UC Davis, Food, FDA, ” Drexel University, White, Justice Department, Democracy, Department of Justice, Cities, mifepristone, Time Locations: New York, Florida, Arizona, Mexico, Texas, America, United States, Colorado
Bump stocks allow a shooter to convert a semi-automatic rifle into a weapon that can fire at a rate of hundreds of rounds a minute. The federal rule made possession of a bump stock a crime punishable by up to 10 years in prison. Both the Trump and Biden administrations, as well as gun control groups, said the way bump stocks work mean they qualify as machine guns. Trump described bump stocks at the time as converting “legal weapons into illegal machines.”ATF estimated that as many as 520,000 bump stocks were sold between 2010 and 2018. “Without this ongoing manual input, a semiautomatic rifle with a bump stock will not fire multiple shots.
Persons: Donald Trump, Clarence Thomas, Sonia Sotomayor, Trump, ” Thomas, Michael Cargill, Sotomayor, , ” Sotomayor, Sandy Hook, Capone, Al Capone, John Dillinger, Justice Brett Kavanaugh, ensnare, you’re, ” Kavanaugh, Biden, “ That’s, Thomas Organizations: CNN, Supreme, Trump, Biden, Alcohol, Tobacco, Firearms, Explosives, ATF, Democratic, Republican, Court, US, Justice Department, Cargill, National Rifle Association Locations: Las Vegas, Texas, New York
How should traders invest in a higher-for-longer rate environment? Before the Bell: What do higher-for-longer rates mean for the stock market? What I find interesting and actually kind of invigorating is the resilience of the US economy in the face of these expected higher-for-longer rates. There will be some sectors that higher-for-longer rates will impact. And so we can see consumer durables slowing down or suffering a little bit in this higher-for-longer rate environment.
Persons: Price, Bell, Wylie Tollette, we’ve, We’ve, Jeanne Sahadi, isn’t, , , , ” Read, iPhones Organizations: CNN Business, Bell, New York CNN, Federal Reserve, Consumer, Franklin Templeton Investment Solutions, Big Tech, Energy, Gallup, Global, , Apple, Microsoft, Nvidia Locations: New York, “ State, United States
A Boeing 737 Max has been out of service since May 25. The Southwest Airlines jet encountered a rare stability problem called a Dutch roll. AdvertisementA Boeing 737 Max has been out of service for 20 days as officials investigate an in-flight incident. The Southwest Airlines jet was flying from Phoenix to Oakland on May 25 when it ran into a rare but potentially serious problem. The video below shows an aircraft (not the Southwest 737 Max) experiencing a Dutch roll:Luckily, in the Southwest incident, pilots regained control of the 737 Max.
Persons: Max, Organizations: Boeing, Southwest Airlines, Service, Federal Aviation Administration, Business, Pilots, Southwest, Max, FAA, Alaska Airlines Locations: Phoenix, Oakland, Dutch, Everett , Washington, Southwest
CNN —Federal authorities and Boeing are trying to figure out why a 737 Max 8 experienced a rare, unsafe back-and-forth roll during flight. There were no injuries onboard Southwest Airlines flight 746 on May 25, according to the airline and a preliminary report by the FAA. It is unclear if the damaged unit led to or was a result of the roll. The plane has not flown since landing in Oakland, California after the incident, except to move it to a Boeing facility in Washington state. Southwest told CNN it referred the incident to the FAA and National Transportation Safety Board and is participating in and supporting the investigation.
Organizations: CNN, Federal, Boeing, Max, Federal Aviation Administration, Southwest Airlines, FAA, Southwest, National Transportation Safety Board, NTSB, Authorities Locations: Oakland , California, Washington, Dutch
Disney | PixarDisney is looking to bring a little joy to theaters with its upcoming release of Pixar's "Inside Out 2." For comparison, 2019's "Toy Story 4" generated $12 million on its Thursday previews and snared $120.9 million for its opening weekend. Only a rare few films would extend beyond that date — usually massive franchise films or blockbuster hits. "Ninety-day windows were always going to be unsustainable," said Jeff Kaufman, senior vice president of film and marketing at Malco Theaters. Box office experts are looking to "Inside Out 2" as a barometer for the health of Pixar and its future.
Persons: Disney, Jeff Kaufman, Daniel Loria, Loria, There's, Scarlet Johannson, Sean Gamble, Luca Organizations: Disney, Pixar Disney, Warner Bros, Pixar, Universal, Malco, Box Office Company, Studios, Hollywood, Lionsgate, Universal —, Paramount, Sony, Fox, Searchlight —, Marvel, Walt Disney Animation Locations: United States, Canada, North America, U.S
Trump is now 78 years old. “Just remember what I’m telling you: 78 is not old,” Trump asserted to a New York Post gossip columnist almost two years ago. “This is a degraded version of an already horrible person,” Emhoff said in reference to Trump’s Vegas speech. The Biden campaign called Trump “feeble” on social media when the former president ended a post-meeting news conference after five minutes without taking questions. But the observations about Trump’s age and mental state are not just coming from inside the Biden campaign.
Persons: Donald Trump, , , ” Trump, Ivanna, Joe Biden, Biden, , J.B, Pritzker, deferments, They’re, Trump, , Nikki Haley, Nancy Pelosi, Barack Obama, Haley, Ron DeSantis, Trump “, ” DeSantis, can’t, I’m, pounced, Doug Emhoff, ” Emhoff, Taylor Swift, Pelosi’s, Steven Cheung, Biden “, ” Cheung, Alyssa Farah Griffin, ” Griffin, Trump’s, Jonathan Turley, ” Turley, ” CNN’s Edward, Isaac Dovere, Ariel Edwards, Levy, Kristen Holmes, Annie Grayer, Melanie Zanona, Lauren Fox, Kit Maher Organizations: CNN, Las, New, New York Post, Trump, White, , Wisconsin Democratic, South Carolina Gov, Republican, GOP, Florida Gov, Congressional Republicans, Wisconsin Republicans, Biden, House, George Washington University Law School Locations: New York, ” Illinois, Wisconsin, Vietnam, Florida, Washington, Milwaukee
Guests posing for a group photo at the "Let's Go the Extra Mile" hospitality campaign launch ceremony at the Central Government Office in Hong Kong on June 3, 2024. In response, the Hong Kong government launched a campaign – titled "Let's Go the Extra Mile" – encouraging frontline staff and members of the public to demonstrate good hospitality and "reinforce Hong Kong's brand as the best tourism destination." Hong Kong's currency is pegged to the U.S. dollar, which has helped the city's status as an international financial center. "Both have become equal problems for Hong Kong," he said. While the city's borders were closed during the pandemic, nearby Shenzhen continued to develop into a top-tier Chinese city, Lee said.
Persons: Long, John Lee, Hong Kongers, Allan Zeman, Lan, Kwai, Zeman, mainlanders, Simon Lee Siu, Lee Organizations: Central Government Office, Nurphoto, Getty, Hong, Lan Kwai Fong Group, U.S ., U.S, Sports, Tourism Bureau, HK, Pacific Institute of Business, Chinese University of Hong, Shenzhen Locations: Hong Kong, Shenzhen, Hong, Japan, Asia, Chinese University of Hong Kong
Major League Baseball said Friday night it has disciplined umpire Pat Hoberg for violating the league’s gambling rules, and that he is being held out of games during this season while an appeal is considered. Multiple players have been punished for gambling violations, including Tucupita Marcano, who got a lifetime ban for betting on baseball. Now, an umpire has been punished, with Hoberg becoming the only known umpire in recent history to have been disciplined for a matter related to gambling. “During this year’s Spring Training, Major League Baseball commenced an investigation regarding a potential violation of MLB’s sports betting policies by Umpire Pat Hoberg,” MLB said in a statement. AdvertisementThe most severe is that anyone found to have gambled on a baseball game they are directly tied to — “any baseball game in connection with which the bettor has a duty to perform,” as the rules formally put it — is to be banned permanently from the game.
Persons: Pat Hoberg, Tucupita Marcano, Shohei, Ippei Mizuhara, Hoberg, Glen Caplin, , ” Hoberg, “ Mr, Rob Manfred, David Fletcher, Mizuhara, Tim Donaghy, Steph Chambers Organizations: Major League Baseball, MLB, ESPN, Major League Baseball Umpires, Hoberg, North, Supreme, Baseball Locations: U.S
Trump’s Anti-Vaccine Problem
  + stars: | 2024-06-14 | by ( Jess Bidgood | )   time to read: +1 min
Former President Donald Trump’s chaotic and denial-filled response to the Covid-19 pandemic turned off independent voters and arguably cost him the 2020 presidential election. Four years later, a different aspect of his handling of the pandemic has emerged as a sensitive subject with another slice of the electorate: his own die-hard supporters. The vaccines, a scientific breakthrough, have been given to 270 million Americans and are estimated to have saved millions of lives. “I’m not real thrilled with the accelerated rollout of the vaccine,” said Amaris Angell, the owner of a recently shuttered food truck business, who went to see Trump in Las Vegas on Sunday. “He still seems to be proud of himself for that.”
Persons: Donald Trump’s, Trump, “ I’m, , Amaris Angell, Organizations: Trump Locations: Las Vegas
The Conversation —In September 2023, several people came down with dengue fever in Paris, France. Aedes has spread considerably further than in 2016, and the number of dengue cases worldwide has increased dramatically in the same period. For the Paris Olympics to become a super-spreader event, several factors must overlap. Most dengue cases are asymptomatic. At the Rio Carnival this year, a dengue outbreak just days before the event led to a public health emergency being called, but the event wasn’t cancelled.
Persons: Mary ”, Mary Mallon, Dr, Sanjay Gupta Organizations: CNN, Tokyo Olympics, Paris Olympics, Olympics, CNN Health Locations: Paris, France, Europe, COVID, Hunan Province, China, Peru, Brazil, Africa, Aedes
The rhythms of South Florida’s rainy season used to be somewhat predictable, with hot, humid days leading to midafternoon thunderstorms and then clear skies. Sometimes a downpour would ruin the evening commute; sometimes it would start and end in the few minutes it took to leave your desk and walk to the car. The pounding rain came weeks after the region experienced a stretch of rainless days that were extremely hot, with the heat index last month reaching a record high of 112 degrees. Florida’s sticky, bug-ridden storm season has always been more about endurance than enjoyment, even for those who savor the relative quiet. But staggering from oppressive heat to oppressive rain has robbed residents and businesses of a sense of routine that at least made this time of year a little more manageable.
Locations: Florida
Now, a new study that looked at 5 million stars in the Milky Way galaxy suggests that seven candidates could potentially be hosting Dyson spheres — a finding that’s attracting scrutiny and alternate theories. If Dyson spheres really exist, what could they be used for? “Freeman Dyson said that we should dismantle Jupiter — the whole planet (for the raw materials).”That supercolossal scale probably means that Dyson spheres, if they exist at all, are very rare. “However, contamination by circumstellar debris disks, which mimic Dyson Sphere infrared signatures, remains a concern,” he added in an email. However, he added, the radiation fingerprint of the seven Dyson sphere candidates might be explained by natural phenomena as well.
Persons: Freeman Dyson, , Dyson, Olaf Stapledon’s, George Dyson, , Freeman J, couldn’t, Matías Suazo, Suazo, , Webb, that’s, Gabriella Contardo, NASA’s James Webb, ” Suazo, “ Freeman Dyson, Jason Wright, James Webb, , Leslie Surginer, ” George Dyson, Tomotsugu Goto, Zaza Osmanov, ” Osmanov, George Organizations: CNN, Institute of, , , AP, Dyson, SETI Institute, Fermi, Accelerator Laboratory, Fermilab, Royal Astronomical Society, Uppsala University, NASA, Survey, JPL, ESA, European Space Agency, Micron, Sky Survey, University of Massachusetts, Jet Propulsion Laboratory, International School, Studies, Telescope, Penn State University, James Webb Space Telescope, William Press, Computer Science, University of Texas, Tsing Hua, SETI, of Physics, Free University of Tbilisi Locations: British, Princeton , New Jersey, Sweden, Trieste, Italy, Austin, Tsing Hua University, Taiwan, Georgia
"Bridgerton" season three wrapped up Penelope and Colin's love story — but its finale set up a revelatory future for Francesca Bridgerton that's a major divergence from the books. For those who have been praying for one of the Bridgerton siblings to get a queer storyline, season three delivered. Francesca Bridgerton marries John Stirling in the season three finale of "Bridgerton." Emma Naomi as Alice Mondrich and Martins Imhangbe as Will Mondrich in "Bridgerton" season three. Brownell told Glamour that despite the change from Michael to Michaela, she still plans to "honor" the book on television.
Persons: , Penelope, Francesca Bridgerton that's, Benedict Bridgerton, Lady Tilley Arnold, Francesca, John Stirling, Earl of Kilmartin, Penelope Featherington's, Michaela Stirling, Masali Baduza, Michaela, Michael, John's, Francesca's, He's, John, Francesca Bridgerton, Liam Daniel, Jess Brownell, Glamour, " Brownell, Benedict befriends, Henry Granville, who's, Granville, Benedict, Queen Charlotte, queen's footmen, Reynolds, Sam Clemmett, Freddie Dennis, Brimsley, Young Reynolds, Nick Wall, Hugh Sachs, Brownell, Francesca miscarries, he's, congrats, Kent, Lady Kent's, Emma Naomi, Alice Mondrich, Martins Imhangbe, Will Mondrich, Netflix Michaela, sequester, she'll, it's heartening Organizations: Service, Business, Netflix Locations: London, Queen, England, India, John's
The results of the Tesla shareholder vote on Elon Musk's pay package will be announced Thursday. And if the pay package does eventually get approved, it's hard to know exactly how much it will be worth when Musk, who is worth $198 billion, per Bloomberg, actually exercises the options. Musk's pay package was worth $2.3 billion when it was granted to him in 2018, though its value has sky-rocketed as the stock ballooned and the various tranches of options vested. "When you start seeing someone making a couple hundred million — $250 million, $220 million — it seems that's when questions and media coverage starts to happen," Schloetzer said. AdvertisementTo put Musk's pay package into perspective, we compared it to those of other CEOs.
Persons: Musk, Tesla, Jason Schloetzer, it's, hasn't, Schloetzer Organizations: Service, Elon, Barclays, Kering, Business, Georgetown University's McDonough School of Business, Bloomberg Locations: Delaware, Iceland, Paraguay
Sony Pictures Entertainment is acquiring Alamo Drafthouse Cinema and will manage its 35 locations, a rare example of a traditional Hollywood studio’s owning a theater chain. The deal, announced Wednesday, followed the Justice Department’s decision in 2020 to rescind the so-called Paramount consent decrees — movie distribution rules dating to 1949 that forced the largest Hollywood studios to sell off their theater holdings. Those rules were intended to prevent studios from controlling the film business, from creation to exhibition. In recent years, Netflix, the leading streaming company, has bought theaters to show films. Alamo, the seventh-largest theater chain in North America, operates theaters in 25 metro areas across the United States and has invested in distinctive programming and food offerings in an attempt to lure in moviegoers away from major multiplexes.
Persons: Department’s, Makan Delrahim, Organizations: Sony Pictures Entertainment, Alamo, Hollywood, Netflix Locations: North America, United States
Read previewCéline Dion says the symptoms of her stiff-person syndrome can be easily triggered by almost anything, including laughter. Walking wobbly," Dion told Kotb. Related storiesThe "My Heart Will Go On" singer first announced that she had been diagnosed with stiff-person syndrome in December 2022. There is no cure for stiff-person syndrome, but there are ways for patients to manage their condition , including through medication and therapy. AdvertisementIn April, Dion told Vogue France that she goes to therapy five days a week and trains "like an athlete" as part of her treatment plan.
Persons: , Dion, Hoda Kotb, Kotb, Irene Taylor Brodsky, Celine Dion, Taylor, cramp, Brodsky, Céline Dion Organizations: Service, NBC, Business, National Institute of Neurological Disorders, Organization for Rare Disorders, Vogue France
The firm upgraded the ingredients maker to buy from neutral but lowered its price target to $48 per share from $50. "Though these items might not help earnings until 2025, we believe visibility surrounding them could improve in coming months and send the share price higher," he added. Lovallo has a $198 price target for Lennar, reflecting 30.1% in upside. Analyst Raimo Lenschow upgraded the marketing automation stock to overweight from equal weight and upped his price target by $4 to $29. Singlehurst raised her price target to $58 from $54.20, but the new forecast implies nearly 2% downside from Tuesday's close.
Persons: Goldman Sachs, Thomas Palmer, — Brian Evans, Edward Jones, Logan Purk, — Jesse Pound, John Lovallo, Lovallo, — Alex Harring, Oppenheimer, Colin Rusch, Rusch, Alex Bradley, Alex Harring, Raimo Lenschow, Lenschow, Wells, Steven Cahall, Wedbush, Michael Pachter, Pachter, Keith Gill, Piper Sandler, Valvoline Piper Sandler, Peter Keith, Keith, VVV's algo, hasn't, Will Gaertner, Gaertner, Morgan Stanley, Mark Murphy, Keith Weiss, Brent Bracelin, Louise Singlehurst, Singlehurst, Fred Imbert Organizations: CNBC, Analysts, Citi, Diamond Green Diesel, AMD, Devices, Nvidia, UBS, Lennar, KB, Barclays, Wells Fargo, Paramount, GameStop, Products, LSEG, Google, AI, JPMorgan, Oracle Locations: California, Tuesday's, VVV, reaccelerate, ORCL
Mining firm Rare Earths Norway says it has discovered Europe's largest proven deposit of highly prized rare earth elements, potentially reflecting a watershed moment for both the Nordic country and the broader region. One of the few deposits not owned or controlled by China, the discovery of continental Europe's largest rare earths deposit is considered a welcome boost in Europe's bid to break China's rare earths dominance. Alf Reistad, CEO of Rare Earths Norway, told CNBC that the discovery at Fen represents a "great milestone" for the company. "It is important to state that there is absolutely no extraction of rare earth elements in Europe today," Reistad said via videoconference on Monday. Rare Earths Norway said the rare earths deposit in Telemark, roughly 210 kilometers (130 miles) southwest of Oslo, is likely to underscore Norway's position as an integral part of Europe's rare earth and critical raw material value chain.
Persons: Alf Reistad, Reistad Organizations: Tech Co, Mining, Nordic, Rare, Norway, CNBC Locations: Mongolia, Baotou, Inner Mongolia, China, Norway, Sweden, Europe, videoconference, Telemark, Oslo
Raspberry Pi, which makes tiny single-board computers priced its shares at 280 pence apiece. The Raspberry Pi offering comprises 45.9 million ordinary shares sold by the company's existing majority shareholder, Raspberry Pi Mid Co Limited, a wholly owned subsidiary of the Raspberry Pi Foundation. It also includes 2.13 million ordinary shares sold by other shareholders, along with 11.23 million freshly issued shares. If there is more demand, a so-called overallotement option will allow the Raspberry Pi Foundation to issue another 4.6 million shares. In 2023, Raspberry Pi posted revenues of $265.8 million, up 41% year-on-year from 2022.
Persons: Raspberry, Eben Upton, Raspberry Pi Organizations: London bourse, Sony, Sony Semiconductor Solutions, Sony Corporation, Pi, LSE, Retail, Co, Pi Foundation Locations: Europe, U.S, British
Rent fell on a year-over-year basis for the 10th month in a row. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementAlthough rent continues to fall across the US, substantial cost savings are rare — especially after accounting for stubbornly high inflation. This story is available exclusively to Business Insider subscribers.
Persons: Organizations: Service, Business
Voters in North Dakota approved a ballot measure that sets a maximum age for representing the state in Congress, The Associated Press said on Tuesday. Experts said they believed North Dakota was the first state to impose such a requirement on members of Congress, though they said the measure is likely to be challenged in court. The ballot measure, to amend the North Dakota Constitution, bars congressional candidates who would turn 81 or older by the end of the year before their term ends from being eligible for office. The measure provided a rare glimpse into how one state’s voters think about age at a time when questions over the effectiveness of older political leaders have been part of the national conversation. The campaign in North Dakota to pass an age limit on the state’s members of Congress began as many Americans have debated whether age ought to be a factor in this year’s presidential contest.
Persons: Biden, Donald J, Trump Organizations: Associated Press, Dakota Constitution Locations: North Dakota, Congress, Dakota
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