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Jennifer Homendy, Chair of the National Transportation Safety Board, speaks during investigative hearing, into the blowout of a left mid exit door plug on a Boeing 737-9 MAX during Alaska Airlines Flight 1282 flight on January 5, 2024, at the National Transportation Safety Board headquarters in Washington D.C. United States on August 6, 2024. (Photo by Bryan Olin Dozier/Anadolu via Getty Images)A Boeing safety executive told a federal safety hearing on Tuesday that the company is working on design changes to avoid a repeat of the near catastrophic blowout of a door plug from a practically new 737 Max 9 at the start of the year. The National Transportation Safety Board — the body in charge of aviation accident investigations in the U.S. — released more than 3,000 pages of documents ahead its full two-day hearing about Flight 1282, including interviews with employees at Boeing and its beleaguered fuselage maker Spirit AeroSystems , some of which pointed to rework. "I just want a word of caution here, this is not a PR campaign for Boeing," NTSB Chair Jennifer Homendy said. Bolts that were meant to hold the door in place weren't attached, according to preliminary investigation results.
Persons: Jennifer Homendy, Bryan Olin Dozier, , Jan, weren't, Elizabeth Lund, Lund Organizations: National Transportation Safety Board, Boeing, Alaska Airlines, National Transportation Safety, Washington D.C, Anadolu, Getty, National Transportation Locations: Washington, United States, U.S
Read previewBritish Airways released its newest in-flight safety video in late July, styled as a classic British period drama, along the lines of "Bridgerton" and "Pride and Prejudice." It includes over 40 British Airways staff and was filmed in grand country houses across the UK. Courtesy of British Airways. However, the video does have drawbacks. Courtesy of British Airways.
Persons: , Sharon Maguire, Bridget Jones, Darcy, Shem Malmquist, Guy Gratton, Business Insider's Taylor Rains, Rowan Atkinson's Mr, Bean, Gordon Ramsay Organizations: Service, British Airways, British Airways staff, Business, YouTube, The Daily Telegraph, Singapore Airlines, Aviation Safety, Aviation, Cranfield University, Allegiant Air, Virgin America Locations: British, London
Russia maintains air superiority over Ukraine and the F-16s offer a significant improvement in Kyiv’s weaponry. “Now is a new chapter in the Ukrainian Air Force. We have done a lot to ensure that the Ukrainian Air Force switches to a new standard of aviation - Western combat aircraft,” he said. More F-16 jets are expected to arrive in Ukraine and “many of our men are currently studying and training,” Zelensky said. The US committed to approving the transfer of F-16 fighter jets to Ukraine in August last year, after months of lobbying by Kyiv.
Persons: Volodymyr Zelensky, ” Zelensky, , , Zelensky, Valentyn Ogirenko Organizations: CNN, country’s Air Force, Russian, Ukrainian Air Force, Western, Ukrainian Air Forces, Reuters Locations: Ukraine, Russia, Kyiv, Denmark, Netherlands, United States, Ukrainian
Read previewThe usual orders battle between Airbus and Boeing played second fiddle to supply-chain issues at last week's Farnborough Airshow. AdvertisementLast month, Airbus reduced its delivery targets, citing supply chain issues, which saw its stock drop as much as 11%. The day before the show, Guillaume Faury, the Airbus CEO, told the media the planemaker was having "important discussions" with some key suppliers as it was facing "a bit of an unexpected challenge." Frustrations with the supply chain were evident among airline bosses speaking at a summit on the first day of the airshow. AdvertisementWith gray skies for much of the week, the weather seemed to reflect the downturn for Airbus and Boeing.
Persons: , Joshua Ng, Guillaume Faury, Luis Gallego, Ng, Dave Calhoun, Stephanie Pope, Kelly Ortberg, Rockwell Collins, Sir Keir Starmer Organizations: Service, Airbus, Boeing, Farnborough, November's Dubai, Alton Aviation Consultancy, Business, International Airlines Group, British Airways, Aer Lingus, Alaska Airlines, Current, Defense, NATO Locations: Paris, Farnborough, Ukraine, Gaza
Read previewA Southwest Airlines flight that was diverted after a dangerously low descent was likely down to "pure human error," aviation experts said. A Southwest flight came dangerously close to the Courtney Campbell Causeway in Tampa. A dangerous patternIt's not the first time a Southwest flight has descended to a dangerously low altitude. In June the FAA said it was investigating a Southwest flight that dropped to 525 feet when it was 9 miles from landing in Oklahoma City. The FAA is also looking into another Southwest flight that descended to 400 feet above the ocean off the coast of Kauai, Hawaii, in April.
Persons: , Max, Richard Curran, Mark Stephens, Curran, Courtney Campbell, Sridip Kumar Mishra, Stephens, Nancy Allen, it's, Robert Katz, Katz Organizations: Service, Airlines, Boeing, Business, Air Traffic Control, TV, Fox, Aviation Administration, Aviation Management, City University of London, Delta Air Lines, aj Airbus, Tampa Bay Times, Tampa International Airport, FAA Locations: Columbus , Ohio, Tampa , Florida, Fort Lauderdale, Tampa, Tampa Bay, Oklahoma City, Kauai, Hawaii, Southwest
It also came in above the high end of management's guidance. But here's the root of Thursday's selling: Honeywell downwardly revised its full-year guidance for segment margin, earnings per share, and cash flow guidance. The changes are tied to the inclusion of previously closed and announced acquisitions, as well as a slower-than expected-rebound for short-cycle businesses. Unfortunately, despite some "pockets of short-cycle strength," other short-cycle businesses "are not accelerating as much as we had hoped," CFO Greg Lewis said on the call. But here's the root of Thursday's selling: Honeywell downwardly revised its full-year guidance for segment margin, earnings per share, and cash flow guidance.
Persons: Honeywell downwardly, Greg Lewis, Vimal, Lewis, abate, Jim Cramer's, Jim Cramer, Jim, Daniel Barry Organizations: Honeywell, Revenue, LSEG, Emerson, Aerospace Technologies, Management, Aerospace, Automation, Carrier's, Solutions, CAES Systems Holdings, Air Products, Industrial Automation, Energy, Sustainability Solutions, CNBC, Bloomberg, Getty Locations: UOP, Morristown , New Jersey
This story is available exclusively to Business Insider subscribers. The best Delta customers can hope for is a refund. AdvertisementCompensation policies for cancellations and delays are in the fine print of contracts between airlines and customers buying tickets. For airline customers in the US, Green recommended keeping receipts for tickets, cabs to connecting flights, and other expenses that Delta may reimburse for rebooked flights. Ordinary airline customers, he said, ought to consult their travel insurance policies.
Persons: , They're, Pete Buttigieg, Mary Schiavo, Schiavo, Motley Rice, Justin T, Green, Mark Dombroff, Fox Rothschild, CrowdStrike, Buttigieg, Delta Organizations: Service, Business, Federal Aviation Administration, US Department of Transportation, Transportation, Falcon, Microsoft, Department of, Airlines, Kreindler LLP, Fox, of Transportation's, of Aviation, Protection, Delta Locations: FlightAware, Federal, Europe, Delta
DOT investigating Delta over IT outage chaos
  + stars: | 2024-07-23 | by ( Justine Fisher | ) www.cnbc.com   time to read: +2 min
Delta Airlines passengers line up for agent assistance at Hartsfield-Jackson Atlanta International Airport on July 22, 2024 in Atlanta, Georgia. The U.S. Department of Transportation's Office of Aviation Consumer Protection is investigating Delta Air Lines over chaos sparked by last week's global IT outage, according to a statement. The DOT cited widespread flight disruptions and customer service failures in which Delta did not uphold commitments to its passengers, it said. On Tuesday, 12% of Delta flights were canceled and 13% were delayed as of mid-morning, according to FlightAware, with some passengers still stranded in airports even days after the outage. The DOT penalized the airline $140 million, a sum 30 times larger than any previous consumer protection violations penalty from the department.
Persons: Pete Buttigieg, Ed Bastian, Rahul Samant, Bastian Organizations: Delta Airlines, Hartsfield, Jackson Atlanta International Airport, The U.S . Department of Transportation's, of Aviation, Protection, Delta Air Lines, Delta, Microsoft, Social, Southwest Airlines Locations: Atlanta , Georgia, The, Atlanta and Minneapolis
Editor’s Note: Sign up for Unlocking the World, CNN Travel’s weekly newsletter. Homage to fromageMuseums are a highlight of any visit to Paris: The Louvre! Oui – joining the ranks of Paris museums is one devoted to glorious delights of cheese. That’s very close to Notre Dame (see video) so visitors to the cheese museum can easily stop by the famed cathedral to see the progress of its restoration after its devastating fire five years ago. Entry to the museum is €20 (about $21.75 US) for adults and children 5-11 visit for half price.
Persons: There’s, Louis en, there’s, , we’ve, James Beard, Bacchus, Asia’s Organizations: CNN, Paris, Olympics, rue Saint, Notre Dame, Aviation, CNN Travel, Airlines, intel, Airbus, CNN CNN Travel Locations: France, Paris, Louis en l’Île, Portland, Maine, Portland , Maine, , Florence
One of the special honoree awards is the Pat Tillman Award for Service, which recognizes "a person with a strong connection to sports who has served others in a way that echoes the legacy" of Pat Tillman. AdvertisementESPN and the Pat Tillman Foundation selected Prince Harry to win the award for 2024 because of his work with the Invictus Games. Some thought Prince Harry didn't deserve the Pat Tillman AwardThe Invictus Games are a worldwide sporting competition for injured veterans. AdvertisementMary does not work for the Pat Tillman Foundation or play a role in deciding who wins the annual award. Despite the controversy, ESPN and the Pat Tillman Foundation stood by their decision, as the organizations shared in a statement with Business Insider ahead of the ESPYs.
Persons: , Prince Harry, Pat Tillman, Pat, Duke, Duchess of, Prince Harry didn't, Harry, Mary Tillman, Chris Jackson, Mary, Duke of Sussex, Meghan Markle, Pat's, Marie Tillman Shenton, Princess Diana, Evan Nierman, Banyan, Nierman, Meghan, Serena Williams, Williams, Kevin Mazur, Neirman, Yaroslav Sabitov, Misan Harriman, Kate Middleton, Prince William, Taylor, William, Prince, Wales, It's, approachability Organizations: Service, Dolby Theatre, Business, Arizona Cardinals, NFL, Army, NPR, ESPN, Pat Tillman Foundation, Invictus, British Armed Forces, Invictus Games, Games, Daily, Getty, Aviation, Tillman Foundation, Invictus Games Foundation, PR, Netflix, Spotify, European Locations: Los Angeles, Afghanistan, Duchess of Sussex, Nigeria, Kensington, England
To rate each state's infrastructure, we look at roads, bridges, ports and airports. New in 2024, we evaluate so-called site readiness programs set up in many states to link companies with shovel-ready sites. The Economic Development Partnership of Alabama offers one of the more robust site readiness programs in the nation. Roads, bridges, and broadband are also in excellent shape in Tennessee. A respectable 24% of the state's power comes from renewable energy, putting it in the top half of states.
Persons: Pete Buttigieg, Buttigieg, Gary Hershorn, Brad Lander, Kathy Hochul, Luke Sharrett, Liam Kennedy, Chicago —, Carl Sandburg, Minnesotans, Tim Walz, Nathan Howard, — Virginia, Caitlin O'Hara, Elijah Nouvelage Organizations: Infrastructure Law, CNBC, Law, Business, Empire, Hudson, Corbis, Census, Gov, Indiana, CSX Corp, Bloomberg, Getty, Crossroads of America, U.S . Surface Transportation, Hoosier State, of Energy, Street Foundation, Economic Development, Alabama, Tennessee Downtown, Istock, Volunteer State, Energy Department, Illinois Metra, Chicago, Railroads, Census Bureau, Surface Transportation, Traffic, Midway, Chicago Department of Aviation, Lincoln, Minnesota, Jimkruger, Minnesota's Department of Economic, The Utah Department of Transportation, Beehive State, Planners, Virginia, Amazon.com Inc, , Washington Post, Georgia Passengers, Hartsfield, Jackson Atlanta International Airport Locations: States, York, Manhattan, New York City, New York, Ohio, Clarksville , Indiana, U.S, Indiana, Alabama, Trinity , Alabama, Yellowhammer State, Tennessee Downtown Nashville , Tennessee, Tennessee, Illinois, Chicago, Rudybalasko, Texas, Minneapolis , Minnesota, Mississippi, Minneapolis, Utah, Salt Lake City, Beehive, Farmington, Ashburn , Virginia, Northern Virginia, Arizona, Phoenix , Arizona, Atlanta , Georgia
It's been an eventful few months for the XQ-67A and the Air Force's efforts to create a fleet of low-cost, high-tech autonomy-capable aircraft that can network with and support manned fighters in the air. Air Force Research Laboratory/DVIDsThe new angles highlighted in the short video underscore the unique design of this prospective fighter jet teammate. The Air Force plans to fast-track production of the first 100 collaborative combat aircraft, delivering them to the fleet by 2029. AdvertisementThe Air Force hopes CCA won't just augment or modernize air warfare — but transform it entirely. Air Force Research Laboratory/DVIDsCCA, the paper's authors write, could help disrupt China's preferred way of fighting and deny the country an assured victory, if employed correctly to multiply capabilities.
Persons: Atomics Gray, It's, Atomics, Mike Atwood, Kratos, Frank Kendall, China's Organizations: Service, US Air Force, Atomics Aeronautical Systems, Air, Air Force, ASI, USAF, Air Force Research, and Space Forces Magazine, Cessna, CCA, Atomics, Marine Corps, Collaborative, Attritable Aircraft Technologies, The Air Force, Force, Mitchell Institute for Aerospace Studies Locations: Atomics Gray Butte, Palmdale , CA, OBSS, China
The other is clear air turbulence, which was involved in the Singapore Airlines incident. As the name implies, clear air turbulence is hard to anticipate since it isn't associated with clouds. It said that over a typical point, the most severe type of clear air turbulence increased by 55% between 1979 and 2020. The increasing difference in energy between the two layers means more energy goes into the jet stream, Gratton said. "Therefore crossing the Atlantic, climate change is making encounters with clear air turbulence more likely and more severe," he added.
Persons: , Guy Gratton, It's, Gratton, you've Organizations: Service, Singapore Airlines, Boeing, Passengers, Business, Emirates, Cranfield University, University of Reading Locations: Bangkok, Singapore, Europe
The NTSB said Boeing "blatantly violated" rules about investigations. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementBoeing has apologized after the National Transportation Safety Board said it "blatantly violated" rules about investigations. The director of the NTSB's office of aviation safety sent a scathing letter to Boeing CEO Dave Calhoun on Thursday. This story is available exclusively to Business Insider subscribers.
Persons: , Dave Calhoun Organizations: NTSB, Boeing, Alaska Airlines, DoJ, Service, National Transportation Safety Board, Business
Here's a rapid-fire update on all 33 stocks in Jim Cramer's Charitable Trust, the portfolio we use for the CNBC Investing Club. Best Buy : Jim said Best Buy's pullback in recent days has created a buying opportunity in the electronics retailer. Salesforce : The stock has in recent weeks clawed back some of its post-earnings plunge , even before Thursday's 6% surge. Wynn Resorts : Wynn is another stock in the portfolio that, it's become increasingly clear, trades based on its exposure to China. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.
Persons: Jim Cramer's, Jim, Wall, Abbott, Johnson, We're, haven't, it's, Walt Disney, Estee Lauder, levered, Eli Lilly, Lilly, Morgan Stanley, Goldman Sachs, OpenAI, Jensen Huang, Nikesh Arora's, Stanley Black, Decker, TJX, We've, Wells, Charlie Scharf poaches, Wynn, Jim Cramer, Michael M Organizations: Jim Cramer's Charitable Trust, CNBC, Club, Apple, Abbott Laboratories, Prime, Web, Broadcom, VMWare, Costco Wholesale, Costco, Coterra Energy, DuPont, Walt, Disney, Nvidia, Ford Motor, Ford, Blue, Motors, GE Healthcare, GE, Management, Honeywell, Linde, Microsoft, Palo Alto Networks, Procter & Gamble, Constellation Brands, Modelo, Corona, Fed, TJX, JPMorgan, Wynn Resorts, Wynn, Jim Cramer's Charitable, Traders, New York Stock Exchange, Santiago, Getty Locations: China, Covid, Dover, Eaton, Palo Alto, U.S, Wells Fargo, Las Vegas
Four South Korean F-4 fighter jets fly in formation on May 8, 2024, during a commemorative final flight of the aircraft. That test would come a few weeks before the F-4 flight at a South Korean Air Force medical facility south of Seoul. Lendon in the back seat of a South Korean F-4 Phantom flying over southern South Korea on May 8, 2024. South Korean Air Force F-4s flying in formation with two KF-21 fighter jet prototypes over southern South Korea on May 8, 2024. A total of 120 are expected to be delivered to the South Korean Air Force by 2030, and the jet is expected to be exportable.
Persons: Douglas, Lendon, , didn’t, I’m, It’s, Neil Armstrong, John Glenn, I’d, don’t, South Korea Brad Lendon, Daegu –, vomited, , , wouldn’t Organizations: South Korea CNN —, South Korean Air Force, US Navy, CNN, US Navy Blue Angels, US Air Force Thunderbirds, hometown Cleveland National Air, South, McDonnell, US, Korean, Wright, Daegu Air Base, Daegu, General, KF, Korean Air Force, South Korean Air Force Korea Aerospace Industries, Phantoms, Boeing, South Korean Airforce, Suwon Air Base Locations: Suwon, South Korea, Midway, Japan, Vietnam, North Korea, Seoul, Greece, Turkey, Iran, Daegu, Ohio, Korean, South Korean
Not coincidentally, the discussion comes as the US Air Force hints that it may drop its plan for a sixth-generation fighter, a piloted air superiority fighter that will operate with drones. But experts consider the idea of a next-generation Russian fighter to be sheer fantasy at a time when it's struggling to operate its fifth-generation stealth fighters. AdvertisementDiscussing cutting-edge aircraft seems almost surreal for Russia, whose air force has enough problems using its current warplanes in Ukraine. Russia's fifth-generation fighter, the Su-57, has been conspicuous by its absence in Ukraine. In November 2023, a senior Russian aviation official said that no decision had been made as to whether a sixth-generation fighter would be manned or unmanned.
Persons: it's, Pavel Luzin, Evgeny Fedosov, Russia's, , Russia wasn't, Sergei Korotkov, Fedosov, Michael Peck Organizations: Service, US Air Force, State Research Institute of Aviation Systems, TASS, America, Army, United Aircraft Corporation, Moscow Institute, Defense, Foreign Policy, Rutgers Univ, Twitter, LinkedIn Locations: Ukraine, Russian, Russia, Ukrainian, China, Forbes
Meet the hobbyists who collect barf bags
  + stars: | 2024-06-19 | by ( Aj Willingham | ) edition.cnn.com   time to read: +12 min
CNN —“I collect barf bags” is not a complete sentence. “I collect barf bags because they’re pretty neat.”“I collect barf bags, and I’m not the only one.”Of the eight billion people on the planet, the number of serious barf bag collectors is just north of 100, according to notable members of their ranks. The ineffable whyWhen Steve Silberburg started collecting barf bags around 1981, he thought he would be the only one. People were indeed amused, but it had an unintended side effect: Classmates started bringing Silberburg other barf bags to add to his collection. “We don’t want anybody to get ahead of us, you know.”“It makes a good litmus test, telling people you collect barf bags,” Silberburg says.
Persons: CNN —, I’m, Dramamine —, Steve Silberburg, , ” Silberburg, Silberburg, Eli Cox, “ It’s, that’s, Cox, , Bob Grove, Bruce Kelly, Grove, Bob Grove's tastefully, Dramamine Bruce Kelly, Grove’s, “ I’ve, ” Kelly, Kelly, somebody’s, it’s, Bruce Kelly's, Gilmore Schjeldahl, Louis, ” Bruce Kelly, Organizations: CNN, Maine, Finn Aviation, TWA Locations: , New York City, Boston, San Francisco, Austin , Texas, San Diego, Tijuana, Burma, Myanmar, American, North Dakotan, Finnish, Omaha, St, England, Japan, Europe
"More and more people will realize that this [Global Access Solutions] was a good acquisition," Jim Cramer said Monday. To revive its lagging stock, management must also figure out which businesses are better on their own — kind of like the split announced last month by fellow Club stock DuPont . Honeywell stock has dropped 4.6% year-to-date. Smaller units have struggled like Building Automation, where management hopes to get a lift from Global Access Solutions. The Global Access Solutions deal, which was his biggest move to date, closed in the month of his first anniversary as chief exec.
Persons: Carrier, Jim Cramer, RTX, Jim, Vimal Kapur, Jim Cramer's, Michael Nagle Organizations: Honeywell, Club, DuPont, Solutions, Wall Street, Honeywell's Aerospace Technologies, DD, CNBC, Honeywell International Inc, New York Stock Exchange, Bloomberg, Getty Locations: New York
Welcome to the future of aviation – at least according to the 2024 Crystal Cabin Awards. Courtesy QantasCaroline Oxley, who works for the Crystal Cabin Award Association, tells CNN Travel this year’s finalists share a “more democratic approach” to improving the passenger experience. This year’s winner of the “sustainable cabin category” was Diehl Aviation for their “ECO Sidewall” – a greener take on an airplane wall. The winners of this year’s Crystal Cabin AwardsWinner Cabin Concepts: Factorydesign, Coop. Qantas Airways Ltd “The Wellbeing Zone”Winner IFEC and Digital Services: Thales Avionics “FlytEdge”Winner Sustainable Cabin: Diehl Aviation “ECO Sidewall”University winners: Tongji University, Coop.
Persons: whittling, Diehl, Qantas Caroline Oxley, Oxley, AirPRO, DesignBüro Stühmer, Scholz, intriguingly, Crystal, BermudAir, theCUBE, Dupont “ Organizations: CNN, Germany CNN, Aircraft, Diehl Aviation, Qantas, Accenture, Schroth Safety, , Tongji University, University of Sao, Embraer, Sao Paolo, University of Virginia Tech, Boeing, Collins Aerospace, Wheelchair, Safety, Coop, Qantas Airways Ltd, Digital Services, Thales Avionics “ FlytEdge, Aviation, Sidewall ” University Locations: Hamburg, Germany, Sydney, London, New York, Shanghai, University of Sao Paulo, Brazil, Coop
CNN —Bette Nash, holder of the Guinness World Record for longest-serving flight attendant, has died at the age of 88, according to statements from American Airlines and the Association of Professional Flight Attendants. “She started in 1957 and held the Guinness World Record for longest-serving flight attendant. Fly high, Bette.”The Association of Professional Flight Attendants (APFA), the union representing flight attendants in the United States, posted its own tribute to Nash on Facebook. She started in 1957 and held the Guinness World Record for longest-serving flight attendant. CNN Bette Nash (third from left) — "I wanted to be a flight attendant from the time I got on the first airplane," says Nash.
Persons: Bette Nash, , Bette, Nash, , pic.twitter.com, Boston Logan, CNN Bette Nash, Guinness, Dina Rudick, Organizations: CNN, Guinness, American Airlines, Association of Professional, Airlines, Professional, Facebook, Eastern Airlines, Reagan Washington National, Reagan National, TWA, CNN Technological, Canadian Colonial Airways, Hulton, , ABC News, Boston Globe Locations: United States, Washington ,, Reagan, Washington
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHoneywell CEO: We 'absolutely' see demand for energy transition with our customersVimal Kapur, Honeywell CEO, joins 'Closing Bell Overtime' to talk the state of the global economy, the green energy transition, the future of aviation and more.
Persons: Vimal Kapur Organizations: Honeywell
Honeywell shares are under pressure Thursday, despite the industrial conglomerate exceeding expectations for first-quarter sales and earnings. The culprits: Softer guidance for the current quarter and some uncertainty about a recovery in some of its key businesses. Honeywell Why we own it: Honeywell is a provider of industrial technology solutions to companies in various industries. Building automation was down year over year as growth in the longer-cycle solutions business was offset by continued weakness in the shorter-cycle products business. Honeywell International Inc. signage is displayed on a monitor on the floor of the New York Stock Exchange (NYSE) in New York.
Persons: it's, Jim Cramer's, Jim Cramer, Jim, Michael Nagle Organizations: Honeywell, Revenue, Emerson, Aerospace, CNBC, Honeywell International Inc, New York Stock Exchange, Bloomberg, Getty Locations: management's, UOP, New York
The aircraft, shaped like a dart and painted black, was a D-21 supersonic reconnaissance drone. Ultimately unsuccessful, the drone would be relegated to the annals of aviation history if not for the appearance of a strikingly similar Chinese drone unveiled at a recent military parade. AdvertisementThis is what we know about the high-flying Chinese spy drone and the D-21 upon which it could be based. High altitude, high speedLockheed's solution was to create an unmanned high-altitude high-speed reconnaissance aircraft with similar capabilities as the A-12, but much smaller. A WZ-8 reconnaissance drone is on display at the 13th China International Aviation and Aerospace Exhibition on September 28, 2021 in Zhuhai, China.
Persons: , Francis Gary Powers, Dwight Eisenhower, Marquardt, Bill, Ray Torrick, Chen Xiao, Benjamin Brimelow Organizations: Service, Air Force, 4200th Support Squadron, Andersen Air Force Base, Business, Lockheed Corporation, Soviet, White House, CIA, Central Intelligence Agency, Lockheed's, Works, Redesignated, Navy, US Air Force, Chinese Aviation Museum, Davis, Monthan Air Force Base, 13th China International Aviation, Aerospace, US National Geospatial - Intelligence Agency, 29th Air Regiment, People's Liberation Army Air Force's 10th Bomber, Global Affairs, Fletcher School of Law, Diplomacy, Modern, Institute Locations: Guam, China, Soviet Union, Soviet, Yunnan, Beijing, Tucson , Arizona, United States, Zhuhai, People's Republic of China, Liuan, Korean, Taiwan, Pacific, West
The Nasdaq sank 2% on Friday as Netflix dropped nearly 11% post-earnings and Club stock Nvidia fell 10%, entering bear market territory but still up more than 50% in 2024. Following a much stronger-than-expected March retail sales report last month, fresh economic data and six Club stock earnings will take center stage in the week ahead. While lower rates may help stock multiples, that is not a sustainable path to higher equity prices over time. Earnings : The latest quarterly reporting season is starting to ramp into high gear with six Club names set to report next week. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.
Persons: Dow, Jerome Powell, Jim Cramer, Mark, Meta, Bing, Ford, Vimal, Lockheed Martin, Clark, Philip Morris, Sherwin, Williams, Baker Hughes, Lam, Northrop, Dr Pepper, CARR, Edwards Lifesciences, Jim Cramer's, Jim, Michael M Organizations: Nasdaq, Netflix, Nvidia, Dow Jones, Federal, Fed, Hamas, Gross, Google, Reality Labs, General Motors, Honeywell, Microsoft, Verizon Communications, Albertsons Companies, SAP, Cadence Design Systems, United Parcel Service, General Electric, GE, PepsiCo, Lockheed, Spotify Technology, RTX Corporation, JetBlue Airways, Halliburton, HAL, Philip Morris International, Quest Diagnostics, Texas Instruments, Seagate Technology, Mattel, Veralto Corporation, Boeing, General Dynamics, Boston, Hilton, Fisher, Otis Worldwide, IBM, Grill, Viking Therapeutics, Lam Research, Whirlpool, WM, Honeywell International, Royal Caribbean Cruises, American Airlines, Altria, Newmont, Caterpillar, Southwest Airlines, Myers Squibb, AstraZeneca, Mobileye, Northrop Grumman, CNBC, Comcast, Merck, Dow Inc, Carrier Global, Union Pacific, Intel, Western, Mobile, L3Harris Technologies, Exxon Mobil, Chevron, Colgate, Palmolive, HCA Healthcare, Charter Communications, Newell Brands, Jim Cramer's Charitable, Traders, New York Stock Exchange, Santiago, Getty Locations: Israel, Iran, Ukraine, destocking, China, Cleveland, Freeport, McMoRan, Kimberly, Masco, Bristol, New York City
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