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☆ B-2 stealth bombers are back flying after the US Air Force grounded the fleet for 5 months in the wake of a fiery landing
▼ + stars: | 2023-05-23 | by ( Jake Epstein | ) www.businessinsider.com time to read: +5 min

An Air Force official told Insider that the pause was "precautionary," and was lifted on May 18 by Gen. Thomas Bussiere, commander of Air Force Global Strike Command. The B-2 Spirit approaches the boom of a McGuire Air Force Base, New Jersey KC-10A Extender during a Capstone orientation flight. Scott H. SpitzerThis incident marked the second time in 15 months that there was an emergency involving the B-2 at Whiteman Air Force Base. "We successfully accomplished all necessary actions to safely return to full flight operations with the B-2 fleet. Whiteman Air Force Base is the country's only operational base for the B-2, which was first unveiled in 1988.

☆ Carl Icahn's company stock falls as much as 20% after prosecutors seek financial information
▼ + stars: | 2023-05-10 | by ( Yun Li | ) www.cnbc.com time to read: +2 min

Regulators sought information a day after notable short seller Hindenburg Research took a short position against Icahn's company. The shares fell as much as 20% in morning trading, following a near 25% loss last week. Icahn Enterprises , Carl Icahn's conglomerate, saw its stock drop again Wednesday after a disclosure showed regulators are seeking information regarding its corporate governance. Headquartered in Sunny Isles Beach, Florida, Icahn Enterprises is a holding company that invests in a myriad of businesses including energy, automotive, food packaging, metals and real estate. Shares of Icahn Enterprises are now down more than 35% year to date.

☆ Icahn's investment firm sinks further, down 40% since Hindenburg attack
▼ + stars: | 2023-05-03 | by ( ) www.reuters.com time to read: +1 min

May 3 (Reuters) - Shares of activist investor Carl Icahn's investment firm lost nearly a fifth of their value on Wednesday, adding to a 20% decline a day earlier following short seller Hindenburg Research's scathing attack on the company. Icahn Enterprises LP's (IEP.O) shares hit an intraday low of $31.78 - their lowest in more than a decade. Hindenburg accused the company of over-valuing its holdings and relying on a "Ponzi-like" structure to pay dividends. But Hindenburg has taken on several high-profile targets in recent months, including India's Adani Group and Jack Dorsey-led Block Inc (SQ.N). Since its release on Tuesday, the report has wiped $7.5 billion off Icahn's fortune, leaving him with a net worth of $10.8 billion, according to Forbes.

☆ Icahn's investment firm sinks further, down 35% since Hindenburg attack
▼ + stars: | 2023-05-03 | by ( Niket Nishant | ) www.reuters.com time to read: +2 min

May 3 (Reuters) - Shares of activist investor Carl Icahn's investment firm lost nearly a fifth of their value on Wednesday, adding to a 20% decline a day earlier following short seller Hindenburg Research's scathing attack on the company. Icahn Enterprises LP's (IEP.O) shares hit an intraday low of $31.78 - their lowest in more than a decade. The stock has lost nearly 35% since the release of the report. Icahn owned about 85% of the investment firm, as of Feb. 22 this year. Since its release on Tuesday, the Hindenburg report has wiped $7.5 billion off Icahn's fortune, leaving him with a net worth of $10.8 billion, according to Forbes.

☆ Carl Icahn, Activist Investor, Becomes Target of Short Seller
▼ + stars: | 2023-05-03 | by ( Michael J. De La Merced | ) www.nytimes.com time to read: +1 min

Over nearly a half-century, Carl Icahn has shaken up Wall Street as a corporate raider and activist shareholder, making corporate titans bow down to his demands and change their business strategies. But on Tuesday, his publicly traded company, Icahn Enterprises, became a target of Hindenburg Research, the short seller firm that has made its name in recent years by taking on the Indian tycoon Gautam Adani and the Twitter co-founder Jack Dorsey. Hindenburg accused Icahn Enterprises of being overvalued. The company trades well above its net asset value, unlike similar financial vehicles run by William A. Ackman and Daniel S. Loeb. “Icahn has been using money taken in from new investors to pay out dividends to old investors,” Hindenburg wrote in a public report.

☆ Hindenburg Research goes after Carl Icahn in latest campaign for market-moving short seller
▼ + stars: | 2023-05-02 | by ( Yun Li | ) www.cnbc.com time to read: +1 min

Carl Icahn speaking at Delivering Alpha in New York on Sept. 13, 2016.Notable short seller Hindenburg Research is going after famed activist investor Carl Icahn. "Overall, we think Icahn, a legend of Wall Street, has made a classic mistake of taking on too much leverage in the face of sustained losses: a combination that rarely ends well," Hindenburg Research said in a note released Tuesday. Headquartered in Sunny Isles Beach, Florida, Icahn Enterprises is a holding company that involves in a myriad of businesses including energy, automotive, food packaging, metals and real estate. Hindenburg said it believes the high dividend yield is "unsupported" by the company's cash flow and investment performance. Shares of Icahn Enterprises are down 0.5% on the year as of Monday's close.

☆ The live volcano sitting below Santorini
▼ + stars: | 2023-04-26 | by ( Elinda Labropoulou | ) edition.cnn.com time to read: +11 min

CNN —Everywhere you look on Santorini, you’re reminded that you’re on a volcano. Few realize that beneath the hypnotic kaleidoscope of colors lies an active volcano. The East Mediterranean’s most active underwater, and potentially dangerous, volcano, Kolumbo, is five miles northeast of Santorini and part of the same volcanic system. They include a visit to the volcano of Nea Kameni: one of five islands that form the Santorini volcanic complex, and a national geological park in itself. A simmering volcanoTourists can take boat trips to Nea Kameni, home to an active volcano.

☆ There are more F-35s flying today than all other stealth aircraft combined
▼ + stars: | 2023-03-21 | by ( Alex Hollings | Sandboxx News | ) www.businessinsider.com time to read: +5 min

But with over 890 F-35s delivered, there are more of them flying than all other stealth aircraft. With more than 890 F-35s delivered to date, there are more of these advanced fighters flying for nations around the world today than all other stealth aircraft on the planet ... combined. Jerod Harris/Getty ImagesAlthough the world's first stealth aircraft to enter operational service, the F-117 Nighthawk, began flying four decades ago now, the number of different stealth platforms in service today remains relatively small. There are about twice as many F-35s today than all other stealth aircraft combinedBritish Royal Air Force F-35s and a US Air Force B-2 fly along the English coast near Dover. Here are the tallies of stealth aircraft in service today, from most to least:

☆ Carl Icahn says our economy is breaking because of inflation and poor corporate leadership
▼ + stars: | 2023-03-14 | by ( Yun Li | ) www.cnbc.com time to read: +1 min

Famed investor Carl Icahn believes the U.S. economy is in trouble because of poor corporate leadership and stubbornly high inflation. "The system is breaking down, and we absolutely have a major problem in our economy today," Icahn said on CNBC's "Closing Bell" Tuesday. Icahn has been a longtime activist investor and corporate raider, making profit from forcing changes to corporate policy. Meanwhile, Icahn said another major issue in the economy right now is surging inflation and the Federal Reserve has no choice but keep raising rates to squash it. The annual inflation rate is now at 6%, which will likely keeping the Fed on track for another interest rate hike next week, despite recent banking industry turmoil.

☆ Carl Icahn warned against trading stocks, railed against bad bosses, and revealed what drives him in a recent documentary. Here are his 12 best quotes.
▼ + stars: | 2023-03-11 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +5 min

Here are his 12 best quotes from a recent documentary titled "Icahn: The Restless Billionaire." The billionaire investor and Icahn Enterprises chairman also defended activist investing, and railed against bad bosses and overpaid executives, in "Icahn: The Restless Billionaire." Moreover, he revealed that he cares more about spotting golden opportunities than making money, and bemoaned America's enormous wealth gap. You're going against the trend. He just kept going and going until they killed him.

☆ M&G would be a tricky hop for kangaroo raider
▼ + stars: | 2023-03-02 | by ( Neil Unmack | ) www.reuters.com time to read: +3 min

LONDON, March 2 (Reuters Breakingviews) - M&G (MNG.L) would be a tricky hop for Macquarie (MQG.AX). The $48 billion Australian financial powerhouse may bid for the $6 billion UK insurer. The appeal is likely to be in the fund management group. Macquarie’s own asset management arm accounted for over 30% of net profit in the first half of its current financial year. Follow @Unmack1 on TwitterCONTEXT NEWSAustralian banking group Macquarie is considering a bid for UK insurance and asset management group M&G, Sky News reported on March 1.

☆ Amazon Studios is growing fast and spending big on shows like 'Citadel,' but insiders say unclear creative direction, leadership shifts, and tech bureaucracy threaten to drive away staff and talent
▼ + stars: | 2023-02-10 | by ( Lucia Moses | Elaine Low | ) www.businessinsider.com time to read: +20 min

The dust has been settling at Amazon Studios after a big reorg in the fall that solidified Jen Salke's power. Yet Amazon Studios faces major challenges. Amazon Studios' Head of Global Television Vernon Sanders told Insider that the goal is to deliver content with global cultural relevance. Amazon Prime VideoWhile spending on such big swings has soared, some insiders see far less budgetary support for underrepresented casts. "I do think people wonder what's the commitment to Amazon Studios," the current insider said.

☆ Activist Investor Nelson Peltz Steps Up Pressure on Disney Board
▼ + stars: | 2023-02-02 | by ( Robbie Whelan | Theo Francis | ) www.wsj.com time to read: +1 min

Activist investor Nelson Peltz escalated his criticism of the Walt Disney Co.’s board and advocated for the removal of director Michael B.G. Froman , blaming him for backing governance and compensation decisions that Mr. Peltz says have harmed the company. Disney said Thursday that it didn’t support Mr. Peltz or his son, Matthew, named as an alternate nominee for Mr. Peltz, joining its board. “Neither Mr. Peltz nor his son offer skills or experience additive to the Disney board that replace the decadeslong experience of Mr. Froman,” Disney said. Mr. Froman didn’t respond to a request for comment.

☆ US Air Force crews have revived a method to load bombers that hasn't been used in 30 years
▼ + stars: | 2023-02-01 | by ( David Cenciotti | The Aviationist | ) www.businessinsider.com time to read: +4 min

US Air Force weapons loaders at Dyess Air Force Base revived a capability unused for three decades. In January, airmen used a Launcher Load Frame to pre-load munitions that were then loaded on a B-1B bomber. download the app Email address By clicking ‘Sign up’, you agree to receive marketing emails from Insider as well as other partner offers and accept our Terms of Service and Privacy PolicyThe US Air Force has recently released some interesting photos showing the activity carried out a Dyess Air Force Base, Texas, earlier this month. A US Air Force weapons load crew member helps transport a Launcher Load Frame at Dyess Air Force Base on January 9. A Launcher Load Frame is raised into a B-1B at Dyess Air Force Base on January 9.

Jan 26 (Reuters) - U.S. defense contractor Northrop Grumman Corp (NOC.N) on Thursday forecast full-year sales above Wall Street estimates, as it benefits from strong demand for weapons from countries ramping up their defense spend. "We're raising our sales outlook for 2023 and expect to deliver strong multi-year cash flow growth," Northrop Grumman Chief Executive Kathy Warden said. Northrop, which produces the fuselage for the F/A-18 Super Hornet fighter jet, posted sales of about $10.03 billion for the quarter ended Dec. 31, ahead of analysts' average estimate of $9.66 billion. Sale in its defense unit, which makes integrated battle management systems, weapons systems, rose to $1.66 billion, from $1.38 billion. Overall adjusted net income stood at $7.50 per share, ahead of analysts' average estimate of $6.57 per share.

☆ 3 active-duty Marines who work in intelligence arrested over alleged participation in the January 6 riot
▼ + stars: | 2023-01-20 | by ( Konstantin Toropin | ) www.businessinsider.com time to read: +8 min

Three Marines were arrested Wednesday in relation to the US Capitol riot on January 6, 2021. All three Marines work in jobs connected to the intelligence community. All three Marines, who were arrested more than two years after the attack, work in jobs connected to the intelligence community. Records provided by the Marine Corps show that among his awards was a Navy and Marine Corps Commendation Medal, an unusual and prestigious medal for a junior Marine. However, the men are not the only members of the intelligence community to be arrested for their alleged part in the siege.

☆ Stellantis keeps feet on ground in air taxi punt
▼ + stars: | 2023-01-05 | by ( ) www.reuters.com time to read: +2 min

LONDON, Jan 5 (Reuters Breakingviews) - Pumping $150 million into a loss-making flying-car company looks like an odd use of money for a carmaker. Stellantis (STLA.MI) Chief Executive Carlos Tavares has plenty to worry about already, like a looming recession and growing competition from Chinese giants. Yet the auto group’s deal with $513 million Archer Aviation (ACHR.N) looks like a savvy bet. It also locks in secure funding at a time when public and venture capital investors are increasingly jittery. They do not reflect the views of Reuters News, which, under the Trust Principles, is committed to integrity, independence, and freedom from bias.

☆ 15 years after 'officially' retiring its first stealth jet, the US Air Force is looking for help to keep the F-117 flying for another decade
▼ + stars: | 2023-01-02 | by ( Michael Peck | ) www.businessinsider.com time to read: +6 min

The B-21 is expected to arrive 40 years after the US's first stealth aircraft, the F-117 Nighthawk. The F-117 was officially retired in 2008, but the Air Force is still putting the stealth jet to use. The US Air Force is now making plans to keep some of its Nighthawks flying until at least 2034. The Air Force currently has about 45 F-117s, more than 10 of which have been approved for transfer to museums, Air Force spokeswoman Ann Stefanek told Insider. A woman dances on a US Air Force F-117 downed west of Belgrade on March 28, 1999.

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe Air Force's new stealth bomberThe Northrop Grumman B-21 Raider is the Air Force's new stealth bomber. Slated to begin flight tests in 2023, the secretive aircraft was revealed to the public in December 2022. Capable of nuclear and conventional missions, the Air Force plans to use the B-21 to replace an aging bomber force over the coming decades.

☆ The B-21 Raider and the future of the Air Force bomber force
▼ + stars: | 2022-12-18 | by ( Brad Howard | ) www.cnbc.com time to read: +1 min

The Air Force needs some new bombers. The B-1B Lancer and B-2A Spirit are in the twilight of their careers, and the B-21 Raider, a new stealth bomber produced by Northrop Grumman aims to take over the role as the premier bomber for the United States. Digital design, focused requirements by the Air Force and previous experience by Northrop Grumman in fielding a stealthy flying wing are credited with why the program appears to be on track and on budget. "And that even goes back to the YB-49 jet when Jack Northrop actually created some of the first flying wings.' Watch the video above to find out more about the new high-tech stealth bomber slated to fly in 2023.

☆ What's the deal with the new B-21 bomber's weird windshield?
▼ + stars: | 2022-12-15 | by ( Alex Hollings | Sandboxx News | ) www.businessinsider.com time to read: +4 min

Few of the new B-21 bomber's features have gotten as much attention as its unusual windshield. What's the deal with the B-21 Raider's windscreens? US Air ForceThe B-21 Raider's unusual windscreen layout has been the subject of lots of discussions, but there has been very little in the way of formal statements regarding it. The unusual shape of the B-21 Raider's front two windscreens seems to prioritize visibility directly ahead and above the aircraft most of all. Glass windscreens and cockpits can have a pronounced effect on an aircraft's radar return.

☆ A B-2 stealth bomber's emergency landing sparked a fire and damaged the plane, but the crew walked away unharmed
▼ + stars: | 2022-12-12 | by ( Jake Epstein | ) www.businessinsider.com time to read: +3 min

A B-2 stealth bomber was damaged after making an emergency landing at a Missouri base on Saturday. "There was a fire associated with the aircraft after landing, and the base fire department extinguished the fire," the official added, noting that "there were no personnel injuries." Officials did not immediately release any additional information about the extent of the damage to the bomber, nor did they comment on what specifically caused both the emergency landing and the ensuing fire. On September 14, 2021 the left main landing gear collapsed on a B-2 bomber while it was landing, causing it to skid off the runway and rack up an estimated repair cost of over $10 million. The latest crash comes almost two weeks after the Air Force publicly unveiled its first new stealth bomber in decades, the B-21 Raider, at a facility in Palmdale, California earlier in this month.

☆ A sneaky photo taken the last time a stealth bomber was unveiled shows why some parts of the new B-21 are still under wraps
▼ + stars: | 2022-12-11 | by ( Michael Peck | ) www.businessinsider.com time to read: +8 min

On December 2, the US Air Force revealed its new stealth bomber, the B-21 Raider. That may have been an effort to avoid what happened the last time a stealth bomber was unveiled. One reason for that may be what happened the last time the Air Force unveiled a stealth bomber. Scott told Aviation Week in an article about the photo scoop published on the same day as the B-21's rollout. A US Air Force B-2 stealth bomber.

☆ Jennifer Lawrence sparks backlash by falsely claiming to be the first woman in the lead of an action movie
▼ + stars: | 2022-12-08 | by ( Julianne Mcshane | ) www.nbcnews.com time to read: +2 min

Jennifer Lawrence is sparking backlash after falsely claiming to be the first woman in the lead of an action movie. Jennifer Lawrence as Katniss Everdeen in "The Hunger Games." Others said while Lawrence's comment was technically incorrect, she accurately pointed to a larger issue of gender bias in Hollywood. "It is untrue that no one had ever put a woman in an action movie before Jennifer Lawrence in Hunger Games," Franklin Leonard, producer and founder of "The Black List," a platform for film and TV writers, said in a tweet. "It is absolutely true that Hollywood had and has a real bias against women driven action movies because of this ridiculous belief about who identifies with whom."

☆ Watch: German Police Stop QAnon-Inspired Terrorist Group Plotting Coup
▼ + stars: | 2022-12-07 | by ( Wall Street Journal | ) www.wsj.com time to read: 1 min

Watch: U.S. Unveils New Stealth Bomber B-21 Raider The Pentagon on Friday revealed the B-21 Raider, a long-range jet intended as a central element in Washington’s effort to keep China in check. The B-21 is the U.S. military’s first new bomber in more than 30 years. Photo: Frederic J. Brown/AFP/Getty Images

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