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☆ A US Air Force spy plane built in 1962 had to make an emergency landing in Qatar. It's the latest in a string of incidents for the ancient fleet of aircraft.
▼ + stars: | 2023-09-15 | by ( Taylor Rains | ) www.businessinsider.com time to read: +7 min

A US Air Force spy plane flying for the 55th Wing made an emergency landing in Qatar on Monday. The US Air Force did not immediately respond to Insider's request for comment. It eventually joined the 55th Wing at Offutt Air Force Base outside of Omaha in 1981 and is still flying more than 40 years later. The Air Force stands behind its incident-prone fleetThe Air Force says it plans to make upgrades to its RC-135 fleet, expecting the planes to fly for another 20 to 30 years. "I have complete confidence in flying this aircraft," 55th Wing vice commander Col. David Berg told the World-Herald in 2018.

Persons: it's, —, Michael Andrews, Steve Lynes, Qatar —, Heather Wilson, Wilson, Frank Strickler, Al Udeid, We've, Todd Feeback, John Rauch, David Berg Organizations: US Air Force, Wing, Service, Boeing, OMAHA, Air Force, Soaring, KC, US Air Forces Central Command, Herald, Offutt Air Force Base, Air, FAA, American Airlines, Al Udeid, Base, Kansas City Star, Tribune, Getty, Air Force Safety Center Locations: Qatar, Wall, Silicon, Bahrain, Nebraska, Omaha, England, Greece, Japan, Persian

☆ Roy Lichtenstein and Irving Blum: They Go Way Back
▼ + stars: | 2023-09-04 | by ( Robin Pogrebin | More About Robin Pogrebin | ) www.nytimes.com time to read: +1 min

“Irving made it possible for us to buy that work of art, pure and simple,” said Glenn D. Lowry, MoMA’s longtime director. Born Dec. 1, 1930, in New York, where his father owned furniture stores, Blum moved to Phoenix when he was 10. Blum met the collectors who came to visit galleries in the area. Blum came back with a painting by Josef Albers — a pioneer of color in abstract art — and he was on his way. Then in 1956 the gallerist David Herbert took Blum to meet Ellsworth Kelly.

Persons: “ Irving, ”, Glenn D, Lowry, MoMA’s, Warhol, ” Blum, Ellsworth Kelly’s, Frank Stella’s “, Blum, Hans Knoll, Betty Parsons, Sidney Janis, Eleanor Ward, Martha Jackson —, “, Sam Kootz, Florence Knoll, Josef Albers —, David Herbert, Ellsworth Kelly Organizations: Museum of Contemporary Art, Air Force Locations: Frank Stella’s “ Ctesiphon, Los Angeles, New York, Phoenix, Tucson, German, Knoll, Midtown Manhattan, Connecticut

☆ Brice Marden, Who Rejuvenated Painting in the 1960s, Dies at 84
▼ + stars: | 2023-08-10 | by ( William Grimes | ) www.nytimes.com time to read: +2 min

While in Boston, he became immersed in the city’s folk music scene and married Pauline Baez, the older sister of the singer Joan Baez. In addition to Helen Marden, his second wife, he is survived by a son from his first marriage, Nicholas; two daughters from his second marriage, Mirabelle and Melia Marden; a younger sister, Mary Carroll Marden; and two grandchildren. After receiving a master’s degree in fine arts in 1963, Mr. Marden moved to New York. His first monochromatic panels were exhibited in 1964 at Swarthmore College and, soon after that, at the Bykert Gallery. And this was my way of thinking, well, there are things that haven’t been done,” he told Mr. Cooper of the National Gallery.

Persons: Pauline Baez, Joan Baez, Helen Marden, Nicholas, Mirabelle, Melia Marden, Mary Carroll Marden, Michael, Marden, Nancy Graves, Chuck Close, Richard Serra, Frank Stella, “, ”, Harry Cooper, Robert Indiana, Jasper Johns, Robert Rauschenberg, Cooper Organizations: Yale, Yale University School of Art, National Gallery of Art, Mr, Chiron Press, Jewish Museum, Swarthmore College, “ Locations: Boston, Norfolk, Conn, Washington, New York

☆ Powerful right-wing radicals are testing democratic checks and balance in both Israel and the US
▼ + stars: | 2023-07-25 | by ( Stephen Collinson | ) edition.cnn.com time to read: +10 min

CNN —White House criticism of Israel after its right-wing coalition embarked on a plan to target judicial power is bringing a new kind of turbulence to one of America’s oldest friendships. It shows that Israel, like the United States, is experiencing an era of right-wing politicians seeking to aggressively flex power and test enshrined democratic constraints. The drama is likely to further worsen the long-standing but increasingly brittle relationship between President Joe Biden and Netanyahu. Yet there is deep concern in the White House about the implications of any successful attempt to subvert checks and balances in Israel. And Netanyahu appeared to align himself politically with Trump while he was in the White House.

Persons: CNN —, Israel, Biden, Benjamin Netanyahu’s, Joe Biden, Netanyahu, Donald Trump, Biden’s, ”, shockwaves, Jordan, –, Martin Indyk, “, ” Indyk, Lynda Kinkade, hasn’t, Thomas Friedman, ” Biden’s, Karine Jean, Pierre, Isaac Herzog, ” Aaron David Miller, Isa Soares, don’t, Mitch McConnell, “ Mr, Obama, Trump, Mike Pence, Hugh Hewitt, Ron DeSantis, “ Biden, Pramila Jayapal, didn’t Organizations: CNN, –, White House, Trump, Republicans, Democratic, House, West Bank, Biden, CNN International, “, New York Times, Republican, Israel, -, Republican Party, Netanyahu’s Likud Party, Florida Gov, Congressional, Democrat Locations: Iran, Israel, United States, Washington, Tel Aviv, Jerusalem, Florida

MediaNews Group | The Riverside Press-Enterprise via Getty ImagesOf the many acts that can get an Amazon merchant kicked off the site, few are as devastating as selling stolen goods. But suspended sellers, who spent years building their businesses on Amazon, told CNBC they had no idea they were selling stolen products. In an email to CNBC, Amazon said it's working with authorities and doesn't comment "on matters that are the subject of active law enforcement investigations." Tracing the stolen goods supply chainIn tracing the supply chain for suspended sellers, some patterns started to emerge. "Chances are stolen goods or similar ASINs/serial numbers are being bled in to every supply line," the employee wrote.

Persons: Levoit humidifiers, Frank —, Frank, Kenzo Sobrie, Dyson, blenders, they'd, Joe Quinlivan, Sellers, they've, Chris McCabe, Ricky Sala, what's, Sala, he'd, Tien Ngo, Ngo, Stride, Daniel Acker, ASINs, Armen Babayan, illicitly, Babayan, KZ, Juniper, couldn't, Cameron Webb, Kevin Cole, didn't, He's, Sobrie Organizations: MediaNews, Riverside Press, Enterprise, Getty, Amazon, CNBC, Retailers, LG, KZ International, California, Patrol, KZ, CHP, Amazon.com Inc, Amazon Robotics, Bloomberg, Oregon Prep Center, Facebook, FBI, Washington State Office, Ngo Wholesale Distributors, Ngo, Co, Wholesale, Los, Juniper Holdings, Telegram Locations: Eastvale , California, KZ's, Huntington Beach , California, Westborough , Massachusetts, Los Angeles, Miami, The Miami, New York, Washington, Santa Fe Springs, Los Angeles County, Garden Grove, Orange County, California, Huntington Beach, California , Florida, New Jersey

☆ ‘Frank Stewart’s Nexus: An American Photographer’s Journey, 1960s to the Present’ Review: Visual Music
▼ + stars: | 2023-07-04 | by ( William Meyers | ) www.wsj.com time to read: 1 min

What to Watch: The 15 Best New Movies and TV Shows From AprilThis copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/frank-stewarts-nexus-an-american-photographers-journey-1960s-to-the-present-review-visual-music-22dda449

Persons: Dow Jones

☆ Exclusive: Lockheed raises concerns over L3Harris-Aerojet deal
▼ + stars: | 2023-06-20 | by ( Valerie Insinna | ) www.reuters.com time to read: +2 min

PARIS, June 20 (Reuters) - Lockheed Martin (LMT.N) has raised concerns with the U.S. Defense Department and Federal Trade Commission (FTC) about L3Harris's (LHX.N) acquisition of Aerojet Rocketdyne (AJRD.N), Lockheed's chief operating officer said on Tuesday. Frank St John told Reuters that Lockheed, Aerojet's biggest customer, wanted L3Harris to ensure access to rocket motors, fair pricing and IP protections, adding it had received "little response" from L3Harris over its concerns. If L3Harris continues to be unresponsive, Lockheed wants the Defense Department or FTC to put in place a mechanism to guarantee access to technology, St John said. L3Harris, Aerojet Rocketdyne, the FTC and Defense Department did not immediately respond to emailed requests for comment. Lockheed had previously attempted to buy Aerojet in a $4.4 billion deal, but walked away from the acquisition in February 2022 after the FTC sued to block the deal, citing concerns that Lockheed could hinder competitors' fair access to Aerojet products.

Persons: Lockheed Martin, Aerojet, Frank St John, L3Harris, we've, St John, Aerojet Rocketdyne, Lockheed's, Greg Hayes, Chris Calio, Valerie Insinna, Mark Potter Organizations: Lockheed, U.S . Defense Department, Federal Trade Commission, Reuters, Paris, Defense Department, FTC, Aerojet, Thomson Locations: L3Harris, Ukraine

☆ Lockheed Martin COO on the growth in defense spending and the outlook on deliveries
▼ + stars: | 2023-06-20 | 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 EmailLockheed Martin COO on the growth in defense spending and the outlook on deliveriesLockheed Martin COO Frank St. John joins CNBC's Phil Lebeau live from the Paris Air Show to discuss the defense spending environment and the outlook for the company.

Persons: Lockheed Martin, Martin, Frank St, John, Phil Lebeau Organizations: Lockheed, Paris Air

☆ In Richard Ford’s New Novel, One More Trip for Old Times’ Sake
▼ + stars: | 2023-06-05 | by ( Dwight Garner | ) www.nytimes.com time to read: +2 min

In “The Sportswriter,” the first novel in this series, Frank started out as a sensitive young literary man who had published a book of stories. Though the Bascombe novels are set mostly in New Jersey’s wealthier suburbs, they are, oddly, road novels. Springsteen went from “Darkness on the Edge of Town” to “Letter to You.” Holy moly. Ford went from “Independence Day” and “The Lay of the Land” to “Let Me Be Frank With You” and “Be Mine.” Good Lord. The Bascombe novels are road novels, as well, because they are set during holidays, when families are in flux.

Persons: ”, Frank, Ford, yank, John Updike, Roth, Nathan Zuckerman, Angstrom, Bruce Springsteen —, Springsteen Organizations: Toyota Locations: New Jersey

☆ Just what is phygital art, and why is Dubai going big on it?
▼ + stars: | 2023-05-29 | by ( Mark Tutton | ) edition.cnn.com time to read: +8 min

CNN —“Phygital art” may not be the most elegant phrase in the English language, but it is generating a buzz in certain circles. The Art Dubai international fair has a digital component exploring new media and technology trends, including phygital works. Separately, Christie's hosted its Art + Tech Summit at Art Dubai this year. Pablo del Val: Phygital works of art can also be NFTs, but a phygital work of art doesn’t necessarily need to be an NFT. Cedric Ribeiro/Getty Images Europe/Getty Images for Art DubaiWhy is phygital art important to you?

☆ Job Market Is Expected to Show More Cooling in April
▼ + stars: | 2023-05-05 | by ( Lydia Depillis | ) www.nytimes.com time to read: +2 min

“We expect a more negative and profound effect of interest rates on the labor market in the second half of the year,” said Frank Steemers, a senior economist at the Conference Board. But job postings have been receding quickly, and the rate at which workers quit their jobs is almost back down to where it stood in 2019. The outplacement firm Challenger, Gray & Christmas reported Thursday that employers had announced job cuts totaling about 337,000 positions this year, concentrated in retail and the technology industry. If a wider economic downturn sets in, job reductions will probably look different than they have in previous recessions. Mr. Steemers recently constructed an index estimating the risk of job losses across various industries.

☆ Disney has a ‘strong case’ against DeSantis over his ‘retaliatory campaign,’ First Amendment experts say
▼ + stars: | 2023-04-27 | by ( Oliver Darcy | ) edition.cnn.com time to read: +4 min

CNN —Disney just cast Ron DeSantis as the villain in a story of good versus evil. DeSantis responded to the lawsuit by issuing a statement through his communications director, Taryn Fenske. “It’s a serious First Amendment case,” Floyd Abrams, the renowned First Amendment attorney of Pentagon Papers fame, told me. The truth is that characterizing Disney as a creepy company that aims to morally bankrupt kids has become a mainstream position in GOP media circles. DeSantis knows this — which is why he was happy to pick this battle with the company.

☆ 3 industries with the greatest risk of layoffs—and 4 that are probably secure
▼ + stars: | 2023-04-14 | by ( Jennifer Liu | ) www.cnbc.com time to read: +2 min

Information services jobs, ranging from software engineers to recruiters for tech talent, are most at-risk of layoffs in a potential recession because headcount grew so quickly during the pandemic, fueled by shifts in consumer behaviors that required businesses to move everything online, says Frank Steemers, a senior economist with The Conference Board. High-growth tech companies are also more sensitive to interest rate hikes that have happened for the better part of a year now. However, while tech layoffs are taking up headlines, Steemers says these workers are getting rehired quickly across other sectors like health care and business, so they're not being captured by unemployment figures. Jobs in transportation and warehousing, construction, repairs, personal and other services are at risk of being cut because customer demand for e-commerce has slowed now that buying and experiencing things in-person is back on the table. People are also shopping less due to high inflation, high interest rates on debt and high job insecurity with layoff headlines in the news.

☆ Opinion: Texas judge’s stunning ruling caps extraordinary week
▼ + stars: | 2023-04-09 | by ( ) edition.cnn.com time to read: +17 min

We’re looking back at the strongest, smartest opinion takes of the week from CNN and other outlets. Tennessee legislators targeted three members of the state House for joining a gun control protest in the chamber, expelling two young Black men while failing to oust a 60-year-old White woman. (He gave the Biden administration a week to appeal the ruling before it goes into effect. Thus, the week that began with Trump facing a judge in Manhattan ended with a Trump-appointed judge overturning more than two decades of medical practice. “They go far too fast to be safe on the sidewalk” and aren’t right for bike lanes or roads either.

☆ After gaining control of our reporter's phone, a hacker ripped her off for $10,000. She set out to find them.
▼ + stars: | 2023-04-08 | by ( Hallam Bullock | ) www.businessinsider.com time to read: +4 min

You can see pictures of the massive meatball here — but I warn you, it looks exactly how you would expect. Now, before the scientists start serving up Dinosaur DNA, let's take a look at the top tech stories this week. Once the hacker had control of Hartmans' phone, they didn't waste any time. Earlier this month, the Wall Street Journal reported that Elon Musk plans to build a town named "Snailbrook" — but he isn't the only billionaire creating their own utopia. Some of Lee's friends and colleagues, including Elon Musk, have lambasted the "violent crime in SF."

[1/2] A "now hiring" sign is displayed outside Taylor Party and Equipment Rentals in Somerville, Massachusetts, U.S., September 1, 2022. Economists polled by Reuters expect a gain of 239,000 jobs in March, with hourly wages rising at a 4.3% annual rate and the unemployment rate remaining at 3.6%, a level seen less than 20% of the time since World War Two. Unemployment is still at a very low level," Boston Fed President Susan Collins said in an interview with Reuters last week. How "slack" in the labor market links to lower inflation may depend on where job growth slows, and over what timeline. "The services sector, in particular, has contributed substantially to recent inflation, reflecting ongoing imbalances in labor markets where supply remains impaired and demand remains robust," they wrote.

☆ Hacker Stole My Phone, Credit Card, Identity. I Set Out to Find Them.
▼ + stars: | 2023-04-02 | by ( Avery Hartmans | ) www.businessinsider.com time to read: +22 min

They left the Verizon store and went to a nearby Apple store, where they used my Chase credit card to spend $6,370. And two, because a physical credit card had been used to make the purchases, even though I was still in possession of my card. Typically, when your credit card is about to expire, as mine was, the bank sends you a new card a few weeks ahead of time. All told, the gang allegedly stole hundreds of identities and defrauded retailers and credit card companies of $1.3 million. Whoever hacked my identity, it makes sense that they started with my credit card.

☆ Panic over the rise of AI is hitting a fever pitch
▼ + stars: | 2023-04-02 | by ( Matt Turner | Dave Smith | ) www.businessinsider.com time to read: +4 min

On the agenda today:But first: The panic over the AI boom hit a new peak this week. A prominent AI researcher went further, saying six months wasn't long enough, and "we need to shut it all down." But those fears also make sense against the backdrop of a shaky economy and a distrust of Big Tech. Goldman Sachs has forecast that AI systems could impact 300 million full-time jobs. AI has been described as the next transformational technology, on a par with the creation of the internet or the television.

☆ Fox bosses ‘shut down’ fact checking with 2020 conspiracies, Dominion lawyer says
▼ + stars: | 2023-03-21 | by ( Marshall Cohen | ) edition.cnn.com time to read: +11 min

Dominion is suing Fox News over the right-wing channel’s airing of false claims of election fraud around the 2020 presidential election. Fox News argued that Dominion should instead rely on the “lengthy depositions” that these witnesses already gave. It claims Dominion hasn’t shown anything strong enough to overcome the high bar that the First Amendment provides, protecting good-faith journalists from speech-chilling defamation lawsuits. Dominion lawyer Rodney Smolla said its high-stakes defamation case against Fox News will protect the public discourse and hold accountable people who deliberately lied about the 2020 election. “They endorsed,” Murdoch said, referring to Fox hosts Sean Hannity, Jeanine Pirro, Maria Bartiromo, and former host Lou Dobbs.

The hundreds of pages of new documents include previously unreleased excerpts from key depositions, including Fox Corporation chairman Rupert Murdoch, and are part of Dominion’s defamation lawsuit against Fox News. The transcript was part of a trove of text messages, emails, and other material from Fox News executives and on-air personalities that were made public Tuesday as part of Dominion’s $1.6 billion defamation lawsuit against the right-wing channel. “Do you believe that Dominion was engaged in a massive and coordinated effort to steal the 2020 presidential election?” Murdoch was asked by Dominion lawyers. The hundreds of pages of new documents that came out Tuesday include previously unreleased excerpts from key depositions, including Murdoch, and are part of Dominion’s defamation lawsuit against Fox News. Fox News has not only vigorously denied the claims, it has insisted it is “proud” of its 2020 election coverage.

☆ The world's ultra-rich lost about $14 trillion of their wealth in 2022, Knight Frank study shows
▼ + stars: | 2023-03-01 | by ( Huileng Tan | ) www.businessinsider.com time to read: +3 min

The world's ultra-rich lost 13.6%, or $13.8 trillion, of their wealth in 2022, per a Knight Frank report. Just four in 10 ultra-wealthy people saw their wealth rise in 2022, the report says. Just four in 10 ultra-wealthy people saw a boost to their wealth in 2022, but the "overwhelming trend" was negative, Knight Frank said in the report. In 2022, the ultra-rich in Europe experienced the largest decline in wealth with a drop of 17%, followed by Australiasia with 11%, and the Americas by 10%, according to Knight Frank. According to Knight Frank, the ultra-rich parked 32% of their total wealth in their residential properties.

☆ Rupert Murdoch acknowledged that Fox News hosts endorsed false stolen election claims
▼ + stars: | 2023-02-27 | by ( Oliver Darcy | ) edition.cnn.com time to read: +5 min

New York CNN —Rupert Murdoch, the chairman of Fox Corporation, acknowledged in a deposition taken by Dominion Voting Systems that some Fox News hosts endorsed false claims that the 2020 election was stolen. Murdoch’s remarks were made public in a legal filing as part of Dominion’s $1.6 billion lawsuit against Fox News. In his deposition, Murdoch rejected that the right-wing talk network as an entity endorsed former President Donald Trump’s election lies. “Some of our commentators were endorsing it,,” Murdoch said, according to the filing, when asked about the talk hosts’ on-air positions about the election. Top legal experts told CNN after last week’s filing that Dominion’s legal position appeared strong.

☆ ‘It’s a major blow’: Dominion has uncovered ‘smoking gun’ evidence in case against Fox News, legal experts say
▼ + stars: | 2023-02-23 | by ( Oliver Darcy | ) edition.cnn.com time to read: +4 min

While the legal experts cautioned that they would like to see Fox News’ formal legal response to the filing, they all indicated in no uncertain terms that the evidence compiled in Dominion’s legal filing represents a serious threat to the channel. On one occasion, Carlson demanded that Fox News White House correspondent Jacqui Heinrich be fired after she fact-checked a Trump tweet pushing election fraud claims. Tushnet said that in all of her years practicing and teaching law, she had never seen such damning evidence collected in the pre-trial phase of a defamation suit. “Donald Trump seems to be very good at generating unprecedented situations.”David Korzenik, an attorney who teaches First Amendment law and represents a number of media organizations, said that the filing showed Dominion’s case against Fox News has serious teeth. “Their motion for summary judgment takes an extreme and unsupported view of defamation law and rests on an accounting of the facts that has no basis in the record.”But the attorneys said Dominion’s filing showed it had built a powerful case against Fox.

☆ News outlets raced to publish Trump’s lawsuit against Woodward. Experts say the suit ‘has no legal merit whatsoever’
▼ + stars: | 2023-01-31 | by ( Oliver Darcy | ) edition.cnn.com time to read: +5 min

Trump this week filed a $50 million lawsuit against the Pulitzer Prize-winning journalist, alleging that when Woodward published audio of their interviews in his audiobook it breached his rights by constituting copyright violations. Most legal experts CNN contacted on Tuesday quickly dismissed Trump’s lawsuit against Woodward as meritless. But instead of major outlets pausing to gather this much-needed context after Trump filed his suit against Woodward, most newsrooms simply published stories echoing his complaint. Judge Donald Middlebrooks pointed to Trump’s “pattern of misusing the courts to serve political purposes” as he took note of several other failed lawsuits Trump has brought in recent years. It is also dismaying given the larger discussion among the press over the years about not succumbing hook, line, and sinker for Trump’s stunts.

☆ How Charlie Javice's Frank Sale to JP Morgan Wound up in Allegations of Fraud
▼ + stars: | 2023-01-21 | by ( Katherine Long | Jack Newsham | ) www.businessinsider.com time to read: +21 min

Her financial aid startup, Frank, was featured in the New York Times, CNBC and Wall Street Journal. After leaving the University of Pennsylvania's Wharton business school, Javice traded on her reputation, bolstered by glowing profiles, as a successful entrepreneur. In a 2018 interview with Insider, Javice claimed Frank secured an average of $28,000 for its users, and was helping students get "thousands off their tuition." "Charlie's first company fizzled after 18 months, so after losing all her investors' money, she convinced every one of them to fund her next company, Frank." At Frank, Javice admitted she sometimes painted a more positive picture of the company's health than was supported by the facts.

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