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☆ Trump cancels North Carolina rally due to storm
▼ + stars: | 2024-04-21 | by ( ) www.cnbc.com time to read: +1 min

U.S. Republican presidential candidate Donald Trump abruptly canceled a campaign rally in North Carolina on Saturday because of an incoming storm, telling the crowd he was "devastated" and promising to return to the battleground state soon. The event was due to occur after the first week of Trump's historic criminal trial in New York stemming from a hush-money payment to a porn star. Both the Biden and Trump campaigns have set their sights on winning North Carolina, one of six or seven swing states that will likely determine the outcome in November. Trump narrowly won the state in 2020 over Biden. Biden and Vice President Kamala Harris traveled to North Carolina to campaign last month.

Persons: Donald Trump, Trump, I'm, Joe Biden, Biden, Kamala Harris Organizations: U.S, Manhattan Criminal, New York City . U.S, Republican, Democratic, Biden, Trump, North Carolina Locations: New York City ., North Carolina, Wilmington, New York, Washington , Georgia, Florida, York

☆ This US couple spent a year exploring the world with their young family
▼ + stars: | 2024-04-20 | by ( Tamara Hardingham-Gill | ) edition.cnn.com time to read: +12 min

CNN —When Margaret Bensfield Sullivan envisioned the type of family who might jet off for a year to explore the world together, she had a very specific image in her head. According to Sullivan, she and her husband had never traveled with their kids before their big trip. “We loved to travel as a couple,” Sullivan explains, recalling how they visited countries like Thailand, Cambodia, Argentina and Turkey together before starting their family. They won’t remember anything.”However, Sullivan explains that a work trip to Tanzania in 2017 completely changed her perspective. ‘Following the sun’When it came to planning their route, the Sullivan family decided to “follow the sun.” Margaret Bensfield SullivanOnce they’d made up their minds, the couple spent seven or eight months “working out the logistics” and winding their lives in New York down.

Persons: Margaret Bensfield Sullivan, Sullivan, ” Sullivan, Teddy, Willa, James, “, ‘, ”, they’d, “ It’s, they’ve, didn’t, you’re, shouldn’t, Lucia, we’re Organizations: CNN, CNN Travel, Sullivans, Sun Locations: New York, Thailand, Cambodia, Argentina, Turkey, Tanzania, South America, Africa, East, Europe, Asia, Australia, New Zealand, Mongolia, Vietnam, Indonesia, “, Mexico, Guatemala, Italy, Greece, Grenada, Barbados, Dominica, St

☆ China's latest supersonic spy drone looks a lot like the Lockheed D-21 that crashed there in 1971
▼ + stars: | 2024-04-20 | by ( Benjamin Brimelow | ) www.businessinsider.com time to read: +11 min

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 week that life in Dubai ground to a halt
▼ + stars: | 2024-04-20 | by ( Abbas Allawati | Abbas Al Lawati | ) edition.cnn.com time to read: +9 min

The United Arab Emirates, of which Dubai is part, saw the heaviest rainfall in at least 75 years, with more than a year’s worth of precipitation in 24 hours. Abandoned vehicles on a flooded highway after a rainstorm in Dubai, United Arab Emirates on Wednesday. People stand as flood water caused by heavy rains covers the stairs of a residential building, in Dubai, United Arab Emirates on Wednesday. A man walks in flood water caused by heavy rains, with the Burj Khalifa tower visible in the background, in Dubai, United Arab Emirates, April 17, 2024. Residents move their belongings on a kayak at a flooded residential complex following heavy rainfall, in Dubai, United Arab Emirates on Thursday.

Persons: hadn’t, Christopher Pike, ”, Sofie, Sheikh, Avinash Babur, Amr Alfiky, Babur, Amr Alfiky Amr Alfiky, Ali Salem, “, wasn’t Organizations: UAE CNN, United, United Arab Emirates, Bloomberg, Getty, Dubai Marina, CNN, “, Dubai “, REUTERS, Reuters, . Schools Locations: Dubai, UAE, United Arab Emirates, Ras Al, Khaimah, Persian, United Arab, Western, lockdowns, freezers, United States, China, Burj Khalifa, Jumeirah

☆ Inside the world of flying cars, or eVTOLs, which are moving closer to reality
▼ + stars: | 2024-04-19 | by ( Arjun Kharpal | ) www.cnbc.com time to read: +6 min

Source: Alef AeronauticsWhat if flying around in an electric vehicle is a key part of the way you travel in the future? EVTOLs, or electric vertical take-off and landing vehicles, popularly known as flying cars or air taxis, are being developed by firms in the U.S. to Europe and Asia. Four of the most common eVTOLsAn eVTOL aircraft can take off and land vertically. From the technologies they use to take off and land to the fact they're electric, eVTOLs are trying to distinguish themselves from helicopters. While some wealthy individuals may own their electric aircraft, they will more likely be operated in fleets by an operator, as is the case with airlines.

Persons: Lilium, Jim Dukhovny, Tim Draper, EHang Organizations: Aeronautics, JPMorgan, CNBC Tech, Aviation, European Union Aviation Safety Agency, Federal Aviation Administration, Civil Aviation Administration of China, eVTOLs, Alef Aeronautics Alef Aeronautics, Alef Aeronautics, SpaceX, Theranos Locations: U.S, Europe, Asia, —, eVTOLs, United States, China, Munich, Germany, Spain

☆ Gaza Is Biden’s War Now - The New York Times
▼ + stars: | 2024-04-19 | by ( Nicholas Kristof | ) www.nytimes.com time to read: +1 min

Darfur and Gaza are very different, of course, but I recall the senator’s compassion and urgency — and I wonder, where has that Joe Biden gone? Gaza has become the albatross around Biden’s neck. Consider just one example of America’s fingerprints on this war under Biden’s leadership. The International Rescue Committee says that the near-fatal strike was caused by a 1,000-pound American-made bomb, dropped from an American-made F-16 fighter jet. And when an American-made aircraft drops an American-made bomb on an American aid group in an American-supported war, how can that not come back to Biden?

Persons: Joe Biden, George W, Bush, Biden, Benjamin Netanyahu’s Organizations: International Rescue, Committee Locations: Darfur, China, Gaza, Iran, Lebanon, United States, American

☆ Drone startup Zipline hits 1 million deliveries, looks to restaurants as it continues to grow
▼ + stars: | 2024-04-19 | by ( Kate Rogers | ) www.cnbc.com time to read: +3 min

Autonomous delivery drone startup Zipline said Friday that it hit its 1 millionth delivery to customers and that it's eyeing restaurant partnerships in its next phase of growth. The San Francisco-based startup designs, builds and operates autonomous delivery drones, working with clients that range from more than 4,700 hospitals including the Cleveland Clinic to major brands such as Walmart and GNC. The company said its zero-emission drones have now flown more than 70 million autonomous commercial miles across four continents and delivered more than 10 million products. The push into restaurant partnerships marks an "obvious transition" he said, due to the continuing growth in interest in instant food delivery. Zipline deliveries for some Panera locations in Seattle are expected to begin next year, the Panera franchisee's chief operating officer Ron Bellamy told CNBC.

Persons: It's, Keller Rinaudo Cliffton, Rinaudo Cliffton, Ron Bellamy, I'm, Bellamy Organizations: Cleveland Clinic, Walmart, Sequoia Capital, a16z, Google Ventures, CNBC, Memorial Hermann Health Locations: San Francisco, Ghana, Seattle, Houston, Detroit

☆ The US military is keeping it secret who won the real-world dogfight between a human pilot and an AI flying an F-16 fighter jet
▼ + stars: | 2024-04-19 | by ( Chris Panella | ) www.businessinsider.com time to read: +6 min

The US military won't say who won the dogfight between an AI-controlled F-16 and a human fighter pilot. Back in 2020, AI smoked a seasoned Air Force F-16 pilot 5-0 in simulated dogfights. The AI-controlled fighter jet, called the X-62A Variable Stability In-flight Simulator Test Aircraft, is a modified version of an F-16. Back in August 2020, AI won a simulated dogfight against a human operator 5-0. #AI successfully pilots fighter jet ✈️.#ICYMI @deptofdefense artificial intelligence agents successfully pilot a fighter jet making AI history!

Persons: they'd, —, Ryan Hefron, James Valpiani, Luke, Hefron, Valpiani, @officialafmc, hsfgaw0kVx —, we've Organizations: Air Force, Service, DARPA, Edwards Air Force Base, US Defense, Research Projects Agency, US Air Force, Falcons, 62nd Fighter Squadron, Luke Air Force Base, Key West, US Navy, hsfgaw0kVx — Edwards Air Force Base Locations: California, Ariz, Florida, Fla, @afresearchlab, @EdwardsAFB

☆ An Air New Zealand passenger was left with a broken leg in the air for over 6 hours after severe turbulence
▼ + stars: | 2024-04-19 | by ( Pete Syme | ) www.businessinsider.com time to read: +3 min

A man suffered a broken leg due to severe turbulence on an Air New Zealand flight. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementA 47-year-old man had to endure six-and-a-half hours in the air with a broken leg after severe turbulence on a flight, the New Zealand Herald reported. Niko, a German who's been living in Bali for 13 years, was flying with Air New Zealand from Indonesia to Auckland on Tuesday. Related storiesA friend who picked Niko up from Auckland Airport told the Herald: "His leg pretty much snapped in half."

Persons: —, Niko, Sasha Organizations: Air, Zealand, Service, New Zealand Herald, Air New, Boeing, Auckland Airport, Herald, Business Locations: Indonesia, Auckland, Bali, Air New Zealand, Zealand

☆ Video shows the moment a man shone a laser pointer at an aircraft, risking 'catastrophic consequences,' and leading to a prison sentence
▼ + stars: | 2024-04-19 | by ( Pete Syme | ) www.businessinsider.com time to read: +2 min

Andrew Wilson admitted to shining a laser at aircraft in two incidents back in 2022. Wilson was sentenced to four months in prison last Thursday. AdvertisementA 53-year-old man was sentenced to four months in prison after shining a laser at a passenger jet. Jason Marshalsea, the police officer in charge of the case, said: "Shining a laser beam at an aircraft is dangerous and irresponsible and could result in catastrophic consequences." AdvertisementIncidents involving lasers and planes have been on the rise in recent years, despite pleas from authorities for people to stop shining lasers at aircraft.

Persons: Andrew Wilson, Wilson, —, VCeFFXnIUG, Jason Marshalsea Organizations: Service, Airbus, Bristol Airport, Taunton Crown, Sky, Federal Aviation Administration, Delta Air Lines Locations: Somerset, England, Martock , Somerset, Taunton, New York, Mexican

☆ China's newest aircraft carrier was spotted with aircraft mock-ups hinting at what its future air wing could look like
▼ + stars: | 2024-04-18 | by ( Chris Panella | ) www.businessinsider.com time to read: +5 min

New images posted to social media show China's third and newest aircraft carrier hosting aircraft mock-ups. AdvertisementChina's newest aircraft carrier appears to be sporting mock-ups of warplanes, according to new images posted to social media by a long-time China watcher. The pictures also show the Fujian's catapult system, designed to launch aircraft much like the US Navy's aircraft carriers. CHINESE AIRCRAFT CARRIER, JIANGNAN SHIPYARDS, CHINA, JUNE 18, 2022: Maxar satellite imagery close up view of CV 18 Fujian Aircraft Carrier, Shanghai, China. Take a close look at China's third aircraft carrier #Fujian, which was launched in Shanghai on Friday.

Persons: —, Andreas Rupprecht, @QwaSkkn2447, Kitty Hawk, Matthew P, Funaiole, Joseph S, Bermudez Jr, Brian Hart Organizations: Service, People's Liberation Army Navy, Fujian, 10J, Ford, Department of Defense, China, Fujian Aircraft Carrier, Global Times, Center for Strategic, International Studies Locations: Fujian, China, Shanghai, Fujian “, Liaoning, Shandong, JIANGNAN, CHINA, China's, Taiwan

☆ I compared a $180 luxury bus to a $46 coach bus, and the expensive option was almost better than flying first-class
▼ + stars: | 2024-04-18 | by ( Elizabeth Blasi | ) www.businessinsider.com time to read: +1 min

I rode on a $180 luxury bus and a $46 standard coach bus from New York City to Washington, DC. The regular bus got me from point A to point B, but there weren't many amenities. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementAs somebody who frequently travels between New York City and Washington, DC, I'm thankful for the many transportation options available. As a true travel nerd, I had to see just how different this $180 bus service was from a traditional $46 FlixBus coach offering.

Persons: — Organizations: Service Locations: New York City, Washington

☆ A Boeing engineer turned whistleblower says the planemaker needs ground all its 787 Dreamliners
▼ + stars: | 2024-04-17 | by ( Pete Syme | ) www.businessinsider.com time to read: +1 min

Whistleblower Sam Salehpour's concerns about the Boeing 787 and 777 were first made public last week. Salehpour, a quality engineer, told NBC on Tuesday he believes all 787 Dreamliners should be grounded. AdvertisementA Boeing whistleblower told NBC he believes all 787 Dreamliners should be grounded in an interview that aired Tuesday. It was Sam Salehpour's first on-camera interview since his allegations were made public last week. He says that parts of the Boeing 787 and 777 were misaligned during production, posing safety threats.

Persons: Sam Salehpour's, wouldn't, —, Sam Salehpour Organizations: Boeing, NBC, Service, Business

☆ Boeing's fleet of 8 corporate jets spent some 4,500 hours in the sky flying company executives last year, data shows
▼ + stars: | 2024-04-17 | by ( Taylor Rains | ) www.businessinsider.com time to read: +5 min

Boeing's corporate planes collectively flew about 4,500 hours across some 1,800 flights last year, according to data from the aviation-tracking website JetSpy. Jet Edge InternationalThe fleet's top airports include Chicago International Airport, Washington Dulles International Airport, and Boeing Field King County International Airport — all located near Boeing's corporate offices and factories. AdvertisementThe locations of Boeing's corporate fleet on April 12, according to JetSpy data. For instance, JetSpy data shows aerospace company Lockheed Martin collectively flew its five private jets for about 2,700 hours in 2023. AdvertisementBoeing wrote in the filing that its CEO "is required to use company aircraft for all business and personal travel for security reasons."

Persons: —, Dave Calhoun, Calhoun, Brian West, Lockheed Martin, Taylor Swift, Elon Musk, Max, messier Organizations: Service, Business, Boeing Business Jets, Canadian, Bombardier, Challenger, Jet Edge, Chicago International Airport, Washington, International Airport, Boeing Field King County International, Airport, Lebanon Municipal Airport, Wall Street Journal, Boeing, Lockheed, PepsiCo, Costco, Alaska Airlines, Calhoun . Locations: Westchester, New York, Lebanon, New Hampshire, South Carolina, New Canaan , Connecticut, American

☆ Bangladesh’s soaring prices get thousands playing ‘hunger games’ for food
▼ + stars: | 2024-04-17 | by ( Akanksha Sharma | ) edition.cnn.com time to read: +5 min

They’re playing to win every day staples like rice, oil, sugar, lentils and other items that soaring inflation has put beyond their reach. Courtesy Omar Sunny Somrat/SS Food ChallengeThe combination of colorful games and the feel-good factor of nobody going home empty-handed has given Somrat a genuine hit. Courtesy Omar Sunny Somrat/SS Food ChallengeBy 2021, he began organizing contests for village kids competing in games and winning prizes like home appliances. A year later, though, he stumbled onto the winning formula when food prices soared and the Bangladeshi currency, the taka, depreciated in value against the US dollar. Between 2022 and 2023, food prices in Bangladesh jumped by 9%, the highest average rate in 12 years, according to the country’s Bureau of Statistics.

Persons: Mohammad Abdur Rouf, can’t, I’d, Omar Sunny Somrat Abdur —, —, Omar Sunny Somrat, They’re, “ It’s, ” Somrat, Somrat, ”, taka, Munir Uz Zaman, Ruchir Desai, Desai, Asma Khatun Organizations: CNN, SS, SS Food, Bank, YouTube, Facebook, greenback, country’s, Statistics, Getty, Asia Frontier Investments, International Monetary Fund Locations: Chapra, Bangladesh, Ukraine, Banwarinagar, Pabna, Purandarpur, Pabna District, Dhaka, AFP

☆ Russia is expected to grow faster than all advanced economies this year
▼ + stars: | 2024-04-17 | by ( Holly Ellyatt | ) www.cnbc.com time to read: +3 min

Bloomberg | Bloomberg | Getty ImagesRussia's economy is expected to grow faster than all advanced economies this year, according to the International Monetary Fund. The prediction will be galling for Western nations which have sought to economically isolate and punish Russia for its 2022 invasion of Ukraine. In short, Russia has adapted to a "new normal" as its economy has been put on a war footing. The Washington-based IMF includes the U.S., U.K., the euro area's largest economies, Canada and Japan as advanced economies. "If you look at Russia, today, production goes up, [for the] military, [and] consumption goes down.

Persons: Vladimir Putin, Uralvagonzavod, Ramil Sitdikov, Kristalina Georgieva, CNBC's Dan Murphy, Georgieva, Elvira Nabiullina, Andrey Rudakov Organizations: Evraz Consolidated, Siberian Metallurgical, Bloomberg, Getty, International Monetary Fund, U.S, Sputnik, Afp, IMF, TU, CNBC, World Governments, Bank of Russia, Duma Locations: Evraz Consolidated West, Novokuznetsk, Russia, Germany, France, Ukraine, India, China, Russian, Urals, Nizhny Tagil, Washington, Canada, Japan, Europe, Asia, Kazan, Dubai, Soviet Union, Russia's

☆ The US and Israeli defeat of Iranian missiles is a big boost for its strained regional alliance
▼ + stars: | 2024-04-17 | by ( Paul Iddon | ) www.businessinsider.com time to read: +6 min

That's a boost for the regional air defense network the US wants. AdvertisementThe United States shot down more of the incoming Iranian drones than Israel and played a central role in the "multinational air defense operation" consisting of British, French, and Jordanian air forces. An anti-missile system operates after Iran launched drones and missiles towards Israel, as seen from Ashkelon, Israel on April 14, 2024. "Russia will seek to offset the US success in backing Israel by looking to buttress Iran's defense with advanced Russian systems such as the Su-35," Heras said. There were also reports last year indicating Iran also seeks the advanced Russian S-400 air defense missile system.

Persons: —, Biden, Jordan, MEAD, Nicholas Heras, Amir Cohen, Heras, Nadimi, Alexander Zemlianichenko, Su Organizations: Service, Biden, East Air Defense, UAE —, New Lines Institute, United Arab Emirates, REUTERS, Washington Institute for Near East, Islamic Revolutionary Guard Corps, AP Locations: Israel, Russia, Iran, Ukraine, Britain, France, Saudi Arabia, States, Jordanian, Israeli, Mar, Ashkelon, United States, Tehran, Russian, Syria, Moscow, Su

☆ Geopolitical strife is roiling Wall Street. Here’s what investors are watching
▼ + stars: | 2024-04-16 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +7 min

Those what-ifs could further roil gas and oil prices. But if there’s further conflict, he said, “you’d see a much higher premium for oil prices. If there’s a de-escalation of tensions between Israel and Iran, they said, oil prices should come down over the next few weeks. But if there’s an escalation in conflict, they expect that oil prices could jump to more than $100 per barrel, they wrote in a note Monday. Retail sales rose 0.7% in March from the prior month, a slower pace than February’s upwardly revised 0.9% gain, the Commerce Department reported Monday.

Persons: New York CNN —, JPMorgan Chase, Jamie Dimon, ” Dimon, Jerome Powell, We’ll, Christine Lagarde, Andrew Bailey, Dave Sekera, Israel doesn’t, ”, “, Moody’s, there’s, Chris Isidore, Pete Muntean, Sam Salehpour, Read, Bryan Mena, Claire Tassin Organizations: CNN Business, Bell, New York CNN, Dow, JPMorgan, International Monetary Fund, IMF, Bank, Bank of Canada, Seven, European Central Bank, Bank of England, Morningstar, Nvidia, AMD, Wall Street Journal, Federal Reserve Bank of New, Boeing, Federal Aviation Administration, Alaska Airlines, Commerce Department, Morning, Amazon Locations: New York, Russia, Ukraine, China, United States, Washington ,, Iran, Israel, Federal Reserve Bank of New York

☆ America's F-35 stealth fighters are going to be flying less as costs soar, watchdog finds
▼ + stars: | 2024-04-16 | by ( Jake Epstein | ) www.businessinsider.com time to read: +4 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Theodore BerganThe Pentagon's planned future use of the F-35, as well as the stealth aircraft's overall availability over the past few years, have both decreased. The GAO said it has consistently found that the F-35 fleet is not meeting availability and performance goals, even as projected costs for the program go up. The Pentagon "has pursued cost savings efforts and continues to look for new ways to reduce costs," the GAO explained in its report. However, it cautioned, "officials generally agree that these efforts are not likely to fundamentally change the estimated costs to operate the aircraft."

Persons: —, Theodore Bergan, Duncan Bevan, Lockheed Martin Organizations: Service, Pentagon, Office, Business, Department of Defense, Navy, Air Force, Marine Corps, Marine Corps Air, US Marine Corps, Staff, GAO, Force, US Central Command, US Air Force, Lockheed Locations: Point , North Carolina, Israel, Iranian

☆ Returning samples from Mars will require a new plan, NASA says
▼ + stars: | 2024-04-15 | by ( Ashley Strickland | ) edition.cnn.com time to read: +7 min

CNN —NASA is seeking innovative methods that could help retrieve samples collected by the Perseverance rover on Mars in the future. The original design for the Mars Sample Return program, a partnership between NASA and the European Space Agency, was a complex one. Reviews of the program have recommended that the Mars Sample return should not cost more than $5 billion to $7 billion, Nelson said. “Mars Sample Return will be one of the most complex missions NASA has ever undertaken. “We are operating from the premise that this is an important national objective that we return the samples,” Nelson said.

Persons: NASA's, Bill Nelson, Nicky Fox, Nelson, “, ” Nelson, ”, Noble, Emissivity, won’t, It’s, Fox, ” Fox Organizations: CNN, NASA, European Space Agency, JPL, Caltech, Budget, Science, VERITAS, Imaging, Radio Science, Fox, Jet Propulsion Laboratory, Mars Locations: Mars, Pasadena , California

☆ A Surprising Shadow Was Created by the Total Solar Eclipse
▼ + stars: | 2024-04-15 | by ( Chloe Rose Stuart-Ulin | ) www.nytimes.com time to read: +1 min

Viewers of last week’s solar eclipse were treated to stunning celestial phenomena up and down the event’s path during totality. The first was an unusually sharp shadow caused by a passing airplane just after the total eclipse concluded. The plane passing over Montreal during the partial phase of the eclipse left a typical contrail in its wake. In this case, the sharpness of the shadows was explained by the eclipse. Eclipse” for his knowledge of the events.

Persons: ”, Fred Espenak, “ Mr Locations: Montreal

☆ Iran practiced blowing up an Israeli F-35 base with ballistic missiles just weeks before attacking the real thing
▼ + stars: | 2024-04-15 | by ( Jake Epstein | ) www.businessinsider.com time to read: +5 min

Read previewJust weeks before Iran launched an unprecedented attack on Israel, it practiced blowing up an Israeli airbase housing F-35 fighter jets with ballistic missiles. Iran and its proxy militias attacked Israel on Saturday with more than 300 one-way attack drones, cruise missiles, and ballistic missiles. Iran made no secret of its intention to attack an Israeli F-35 base prior to Saturday's barrage. It claimed that the IRGC "successfully" hit the mock targets with "Emad" and "Qadr" ballistic missiles that had modified structures and improved warheads. Both missiles are variants of Iran's Shahab-3 medium-range ballistic missile, according to the Center for Strategic and International Studies think tank.

Persons: —, Daniel Hagari, Benjamin Netanyahu, Morteza Nikoubazl, Shahab, Coningham Organizations: Service, Business, Israel Defense Forces, Israeli, Force, Nevatim Airbase, AF, Islamic Revolutionary Guard Corps, Tasnim News Agency, Quds, Getty Images, Center for Strategic, International Studies, Royal United Services Institute, Israeli Air Force Locations: Iran, Israel, Nevatim, Israeli, Palmachim, Tel Aviv, Tehran, Jerusalem, Iranian, Syria

☆ Boeing Defends Safety of 787 Dreamliner After Whistle-Blower’s Claims
▼ + stars: | 2024-04-15 | by ( Mark Walker | Niraj Chokshi | ) www.nytimes.com time to read: +1 min

Boeing sought on Monday to reassure the public of the safety of its 787 Dreamliner plane days before a whistle-blower is scheduled to testify before Congress about his concerns regarding the jet’s structural integrity. The presentation came just under a week after The New York Times reported the allegations by the whistle-blower, Sam Salehpour, who works as a quality engineer at Boeing and is set to testify before a Senate panel on Wednesday. Mr. Salehpour said that sections of the fuselage of the Dreamliner, a wide-body plane that makes extensive use of composite materials, were not properly fastened together and that the plane could suffer structural failure over time as a result. The Federal Aviation Administration is investigating his allegations. Mr. Salehpour’s claims instantly created another public-relations problem for Boeing, which has been facing intense scrutiny over its manufacturing practices after a panel came off a 737 Max during an Alaska Airlines flight in January.

Persons: Sam Salehpour, Salehpour, Salehpour’s Organizations: Boeing, New York Times, Federal Aviation Administration, Alaska Airlines Locations: North Charleston, S.C

☆ Boeing defends its planes’ safety ahead of whistleblower hearing
▼ + stars: | 2024-04-15 | by ( Chris Isidore | Pete Muntean | ) edition.cnn.com time to read: +4 min

New York CNN —Boeing on Monday scrambled to address safety and quality concerns about its planes ahead of a whistleblower hearing in the Senate on Wednesday. Salehpour is set to be the key witness at a Wednesday hearing of the Senate permanent subcommittee on investigations. That has sparked investigations and allegations that some Boeing employees felt reluctant to raise questions about the safety of the planes they are building or inspecting for fear of retaliation. The average 787 does 600 flights a year, according to Chisholm, and the tests Boeing put the planes through simulated 165,000 flights. Boeing and the Federal Aviation Administration have admitted that some of the planes did have problems with the gaps between parts of the fuselages that were wider than the standards set by Boeing.

Persons: Sam Salehpour, Salehpour, —, “ We’re, ”, Lisa Fahl, Steve Chisholm, Chisholm, we’re, Fahl Organizations: New, New York CNN, Boeing, Federal Aviation Administration, Alaska Airlines, Boeing Commercial Airplanes Locations: New York, Alaska

☆ JPMorgan upgrades Lockheed Martin, says 'under-owned' defense stocks may find a bid in this 'dangerous' world
▼ + stars: | 2024-04-15 | by ( Brian Evans | ) www.cnbc.com time to read: +2 min

JPMorgan says Iran's drone attack on Israel over the weekend can drive a near-term surge in Lockheed Martin stock. LMT YTD mountain Lockheed Martin stock. "What we can say is that it's a dangerous world and while that is not a sufficient condition for Defense stocks to outperform, it is a potential source of support, especially when they are under-owned." The analyst added that Lockheed Martin and the array of defense stocks could benefit from a small increase to the defense budget last month, forecasting some supplemental spending for Ukraine, Israel and Taiwan. Lockheed Martin stock has lagged the broader market so far in 2024, falling less than 1% through Friday.

Persons: Seth Seifman, Seifman, Lockheed Martin, — CNBC's Michael Bloom Organizations: JPMorgan, Lockheed Locations: Israel, Lockheed Martin, Ukraine, Taiwan

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