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The U.S. government says the former Twitter's request to end oversight of its data privacy and security practices is “meritless” and owner Elon Musk should not be immune to testifying about the company since he has “first-hand knowledge” of the conduct being investigated. Political Cartoons View All 1154 ImagesThe FTC has been watching the company for years since Twitter agreed to a 2011 consent order alleging serious data security lapses. But the agency’s concerns spiked with the tumult that followed Elon Musk’s Oct. 27 takeover of the company. Twitter paid a $150 million penalty in May 2022, about five months before Musk’s takeover, for violating the 2011 consent order. An updated version established new procedures requiring the company to implement an enhanced privacy-protection program as well as beef up information security.

Persons: Elon Musk, Musk, Elon Musk’s, “, Andrew Sayler, Elon, ” Organizations: X Corp, Federal Trade Commission, FTC, U.S . Department of Justice, Twitter, ”

NEW YORK (AP) — New York City's pension funds and the state of Oregon sued Fox Corporation on Tuesday, alleging the company harmed investors by allowing Fox News to broadcast falsehoods about the 2020 election that exposed the network to defamation lawsuits. New York City's pension funds are long-term shareholders of Fox Corporation, with shares valued at $28.1 million as of the end of July. In a statement, Oregon Attorney General Ellen Rosenblum said the Fox breached its fiduciary duties by disregarding legal risks. “The directors’ choices exposed themselves and the company to liability and exposed their shareholders to significant risks," she said. “That is the crux of our lawsuit, and we look forward to making our case in court.”

Persons: ”, Brad Lander, Fox's, Donald Trump's, “, Democrat Joe Biden, Lachlan Murdoch, Ellen Rosenblum Organizations: —, Fox Corporation, Fox News, Voting Systems, Oregon, Dominion, Democrat, Fox Corp, Smartmatic, Fox Locations: York, Oregon, Delaware, New York City, Trump, Smartmatic USA

Visitor passes the Raytheon Technologies Corporation (RTX) logo at the 54th International Paris Air Show at Le Bourget Airport near Paris, France, June 22, 2023. In July, RTX said a rare powder metal defect could lead to the cracking of some engine components and called for accelerated inspections affecting 200 engines by mid-September. Repair work that CEO Greg Hayes had initially expected would take 60 days is now projected to last up to 300 days per engine. An average of 350 jets could be grounded per year through 2026, with as many as 650 jets sitting idle in the first half of 2024. Disclosing higher-than-expected gross costs of $6-7 billion for dealing with the problem, RTX said it expected an up to $3.5 billion pre-tax hit to profits over the next several years.

Persons: Benoit Tessier, Pratt & Whitney, RTX, Greg Hayes, Safran, Hayes, Germany's, Robert Stallard, Valerie Insinna, Abhijith, Tim Hepher, Arun Koyyur, Nick Zieminski, Grant McCool Organizations: Raytheon Technologies Corporation, International Paris Air, Le, REUTERS, Pratt &, RTX Corp, Airbus, Pratt, Raytheon, GE, CFM, Boeing, Aero, Germany's Lufthansa, AIRBUS, U.S, Spirit Airlines, JetBlue Airways, Hawaiian Airlines, Jefferies, Vertical Research Partners, Thomson Locations: Le Bourget, Paris, France, Clayville , New York, Washington, Bengaluru

☆ MTU sees billion-euro hit to earnings on turbofan woes
▼ + stars: | 2023-09-11 | by ( ) www.reuters.com time to read: +1 min

The MTU Aero Engines logo is displayed at the 54th International Paris Air Show at Le Bourget Airport near Paris, France, June 22, 2023. REUTERS/Benoit Tessier/File photo Acquire Licensing RightsSept 11 (Reuters) - Problems with the turbofan engines at U.S. partner Pratt & Whitney led MTU Aero Engines (MTXGn.DE) to issue a profit warning on Monday, with measures to rectify the issue expected to deal a billion-euro blow to the German company's earnings. MTU said an expanded inspection of the geared turbofan engines at Pratt & Whitney could result in a hit to revenue and reported EBIT of around 1 billion euros ($1.07 billion) in the current financial year. MTU has an 18% share in the geared turbofan engines, which power Airbus' (AIR.PA) A320neo family of aircraft. Earlier Monday, the U.S. company said it expected a financial burden of $3-3.5 billion as a result of the problems.

Persons: Benoit Tessier, Pratt, Pratt & Whitney, Anna Mackenzie, Rachel More, Friederike Heine, David Evans Organizations: International Paris Air, Le, REUTERS, Whitney, MTU Aero, Pratt &, Pratt & Whitney, RTX Corp, Airbus, U.S ., Thomson Locations: Le Bourget, Paris, France, U.S

Circuit Court of Appeals for a new ruling to prevent the "improper result" of allowing parts of the lower court order "to regain effect even after having been held invalid by this court." The plaintiffs allege that U.S. officials lobby social media platforms to suppress what the government considers to be misinformation, violating users' right to free speech under the U.S. Constitution's First Amendment. While the case was still at an early stage, Doughty issued a preliminary injunction banning a wide range of communications between a slew of officials and social media companies. The panel limited the injunction's reach to a smaller group of officials, including White House staff, the Centers for Disease Control and Prevention and the Federal Bureau of Investigation. It said that the 5th Circuit should either put the parts of Doughty's order that it reversed on hold, or finalize its order immediately.

Persons: Dado Ruvic, Joe Biden's, Terry Doughty, Doughty, Brendan Pierson, Alexia Garamfalvi, Aurora Ellis Organizations: REUTERS, Justice Department, U.S, Circuit, Appeals, Biden, Democrat, District, X Corp, White House, Centers for Disease Control, Federal Bureau of Investigation, Supreme, Thomson Locations: Louisiana, Missouri, Monroe , Louisiana, New York

☆ Elon Musk's X sues California over a law it claims is aimed at eliminating 'problematic' content
▼ + stars: | 2023-09-09 | by ( Jyoti Mann | ) www.businessinsider.com time to read: +2 min

X Corp is suing California over content moderation law, claiming freedom of speech infringement. It requires social media companies to say how they're tackling hate speech, harassment and extremism. X argued that the law pressures platforms to remove "constitutionally-protected" content. Social media companies routinely remove accounts and content that violate local laws and their own policies. It requires social media companies to publicly share their content moderation policies and report their enforcement data to the state attorney-general twice a year.

Persons: Elon, Bill, X, Gavin Newsom, Musk Organizations: X Corp, Service, Corp, Twitter, State, Social, Media, FBI Locations: California, Wall, Silicon

Elon Musk’s social media platform formerly known as Twitter has sued the state of California over a law requiring social media companies to publish their policies for removing offending material such as hate speech, misinformation and harassment. The first-of-its-kind legislation was signed into law a year ago by California Gov. The California law requires social media platforms to post their content moderation policies — which they already do — and twice a year submit a report to the state on how they address hate speech, racism, misinformation, foreign political interference and other issues. The company formed the council in 2016 to address hate speech, harassment, child exploitation, suicide, self-harm and other problems on the platform. The law's author, Democratic Assemblyman Jesse Gabriel, said it is a "a pure transparency measure that simply requires companies to be upfront about if and how they are moderating content.

Persons: Elon, Gavin Newsom, Robert Bonta, impermissibly, ”, Musk, Jesse Gabriel Organizations: Twitter, California Gov, X Corp, Musk, Trust, Safety Council Locations: California

'X' logo is seen on the top of the headquarters of the messaging platform X, formerly known as Twitter, in downtown San Francisco, California, U.S., July 30, 2023. REUTERS/Carlos Barria/File Photo Acquire Licensing RightsCompanies B2x Corp FollowTesla Inc FollowSept 8 (Reuters) - Elon Musk's X Corp sued California on Friday over a state law establishing new transparency rules for social media companies, requiring them to publish their policies for policing disinformation, harassment, hate speech and extremism. In a complaint filed in federal court in Sacramento, California, X said the law's "true intent" was to pressure social media companies into eliminating content the state found objectionable. AB 587 requires social media companies with at least $100 million of gross annual revenue to issue semiannual reports that describe their content moderation practices, and provide data on the numbers of objectionable posts and how they were addressed. Gavin Newsom, California's Democratic governor, signed the law last September, saying the state would not let social media be "weaponized" to spread hate and disinformation.

Persons: Carlos Barria, Elon, Bill, X, Musk, Rob Bonta, Gavin Newsom, A.J, Brown, Jonathan Stempel, David Gregorio, Aurora Ellis Organizations: REUTERS, Elon Musk's X Corp, Twitter, U.S, Defamation League, Center, SpaceX, Democratic, ADL, X Corp, Court, Eastern District of, Thomson Locations: San Francisco , California, U.S, California, Sacramento , California, Eastern District, Eastern District of California, New York

☆ Elon Musk’s X Corp. sues California AG over content moderation law
▼ + stars: | 2023-09-08 | by ( Clare Duffy | ) edition.cnn.com time to read: +4 min

New York CNN —Elon Musk’s X Corp., the parent company of the platform formerly known as Twitter, on Friday sued California’s attorney general over the state’s new content moderation law. The law requires social media companies to post their terms of service online and submit a semiannual report to the state attorney general outlining their content moderation policies and practices. It added that the law could place an “undue burden” on social media companies such as Musk’s X, which is headquartered in California. “California will not stand by as social media is weaponized to spread hate and disinformation that threaten our communities and foundational values as a country,” Newsom said in the statement. The law “‘compel[s]’ X Corp. to ‘speak a particular message,’ which necessarily ‘alters the content of’ its speech,’” in violation of its First Amendment rights, the company alleges in the complaint.

Persons: New York CNN — Elon, California’s, Gavin Newsom, Robert Bonta, impermissibly, General Bonta’s, ”, Newsom, ” Newsom, Jonathan Greenblatt, “ ‘, ’ Organizations: New, New York CNN, New York CNN — Elon Musk’s X Corp, California Gov, Court, California, X Corp, CNN, Anti, Defamation League, ADL, Corp Locations: New York, California, “ California

☆ ADL CEO says Elon Musk's insinuation to sue over defamation is merely a 'threat of a frivolous lawsuit'
▼ + stars: | 2023-09-06 | by ( Jonathan Vanian | ) www.cnbc.com time to read: +4 min

Elon Musk's recent comments insinuating that the real-time messaging service formerly known as Twitter could file a defamation lawsuit against the Anti-Defamation League is merely a "threat of a frivolous lawsuit," the nonprofit's CEO Jonathan Greenblatt said Tuesday. Musk said X, the company formerly known as Twitter, would have "no choice but to file a defamation lawsuit" if the ADL continues to allegedly pressure advertisers. X's attorneys alleged that the CCDH's studies were based upon "flawed methodologies" and caused advertisers to stop running promotional campaigns on the messaging service, thus damaging X's business. For instance, Nick Fuentes, a far-right livestreamer who has previously made antisemitic comments, urged his viewers to contribute to the #BanTheADL campaign. Watch: X Corp. CEO Yaccarino: We're keeping an eye on everything that Threads is doing.

Persons: Elon, Jonathan Greenblatt, Greenblatt, Musk, X, Linda Yaccarino, Nick Fuentes, Woods, Elon Musk, Andrew Torba, Alex Jones, Yaccarino Organizations: Anti, Defamation League, CNBC, Labor, ADL, Twitter, Digital, YouTube, X Corp Locations: Florida

The Labor Department's report showed the August unemployment rate rose to 3.8% while wage growth slowed. The most traded stock in the S&P 500 was Tesla Inc , with $32.6 billion worth of shares exchanged during the session. For the week, the S&P 500 rose 2.50%, the Dow added 1.43% and the Nasdaq climbed 3.25%. Advancing issues outnumbered falling ones within the S&P 500 (.AD.SPX) by a 2.1-to-one ratio. The S&P 500 posted 28 new highs and 20 new lows; the Nasdaq recorded 84 new highs and 90 new lows.

Persons: Keith Buchanan, Walt Disney, Brendan McDermid, Lululemon, Rosalind Brewer, Shristi Achar, Noel Randewich, Sruthi Shankar, Shounak Dasgupta, Richard Chang Organizations: Dell, Nasdaq, Dow, Disney, Charter Communications, Labor, Federal Reserve, GLOBALT Investments, ESPN, Charter's, Warner Bros Discovery, Paramount Global, Fox Corp, Tesla Inc, New York Stock Exchange, REUTERS, Dow Jones, Broadcom, Dell Technologies, Walgreens Boots Alliance, Thomson Locations: Atlanta, U.S, New York City, Bengaluru, Oakland , California

Spectrum is the second largest U.S. cable provider, serving 14.7 million homes across large markets such as New York and Los Angeles. Shares of Disney dropped 2.65% to a three-year low while Charter lost 3.4%. Warner Brothers Discovery Inc (WBD.O) fell 10%, Fox Corp (FOXA.O) shed 6%, Paramount Global (PARA.O) dropped 8%, while Comcast Corp (CMCSA.O), the largest U.S. cable provider, was down nearly 3%. Charter said Disney rejected its proposal for a new distribution deal that takes into account the rise of competing low-cost streaming services, which has fueled cord-cutting among its customers. The cable provider said it pays Disney $2.2 billion in annual programming costs, excluding advertising.

Persons: Brendan McDermid, Hogan, Disney, Dennis Dick, Chibuike Oguh, Amruta Khandeka, Khushi Singh, Michelle Price, Richard Chang Organizations: Walt Disney Company, New York Stock Exchange, REUTERS, Fox Corp, Warner Brothers Discovery Inc, Disney, Charter Communications, ESPN, ABC, Hollywood, Charter, Paramount Global, Comcast Corp, U.S, Riley, Triple D, Thomson Locations: New York, U.S, Los Angeles, Hollywood, Bengaluru

☆ Musk's X to collect biometric information and employment data
▼ + stars: | 2023-09-01 | by ( Ryan Browne | ) www.cnbc.com time to read: +3 min

In this photo illustration, the new Twitter logo rebranded as X (X Corp.) is seen on a smartphone and Elon Musk Twitter account with the new X logo on a pc screen. The X social media platform formerly known as Twitter will start collecting the biometric and employment information of its users, according to a Thursday update to the company's privacy policy. It is not clear how X plans to use the biometric information of users. X could theoretically collect biometric information from users through their photos or video, by requesting that they turn on their camera. Under Musk, X has sought to expand its reach beyond social media, messaging and audio content into areas such as financial services and recruitment.

Persons: X, Linda Yaccarino, EToro Organizations: X Corp, Elon, Twitter, Microsoft, CNBC, Bloomberg News, Musk, NBC Universal, Advertising, PayPal

☆ X, formerly Twitter, faces 2,200 arbitration cases and filing fees over $3 million
▼ + stars: | 2023-08-28 | by ( Lora Kolodny | ) www.cnbc.com time to read: +3 min

In this photo illustration, the new Twitter logo rebranded as X (X Corp.) is seen on a smartphone and Elon Musk Twitter account with the new X logo on a pc screen. X, the social network formerly known as Twitter, is facing 2,200 arbitration cases that ex-employees filed after Elon Musk took over the company, slashed headcount, and made other sweeping changes there. The filing fees alone for that volume of cases could amount to $3.5 million. The case is Chris Woodfield v. Twitter, X Corp. and Elon Musk (No. Since JAMS decided that this basic fee applies across the board to X's 2,200 arbitration cases, that would amount to around $3.5 million, with other fees possibly to follow.

Persons: Elon Musk, Chris Woodfield, Woodfield Organizations: X Corp, Elon, Twitter, CNBC, Musk's X Corp, Northern District of Locations: Delaware, Seattle, San Francisco federal, Northern District, Northern District of California

☆ NYT's Maggie Haberman says Trump gave a 'menacing' stare in his mugshot because he 'doesn't want to look weak'
▼ + stars: | 2023-08-27 | by ( John L. Dorman | ) www.businessinsider.com time to read: +3 min

Maggie Haberman said Trump made a "menacing" face in his mugshot to dispel any notion of weakness. "He doesn't want to look weak, and that's what that's about." Last week, Trump posted on X, the social media platform formerly known as Twitter, for the first time since January 2021. Tapper then asked Haberman if she could explain how Trump seeking to overturn his 2020 presidential loss in Georgia and pressing Gov. "And that has been how he has operated, for decade after decade after decade, through business failures, through bankruptcies of his casinos, through losses, through products failing, through divorces."

Persons: Maggie Haberman, Trump, Jake Tapper, Donald Trump, Haberman, Elon Musk, Tapper, Brian Kemp, Brad Raffensperger, didn't Organizations: Saturday, Service, York Times, Jail, CNN, Republican, Twitter, X Corp, Politico Locations: Wall, Silicon, Fulton, Atlanta, Georgia

☆ US FCC will release public comments on bid to deny Fox TV station license renewal
▼ + stars: | 2023-08-23 | by ( David Shepardson | ) www.reuters.com time to read: +2 min

A man walks past the logo of Fox Networks Group during the annual MIPCOM television programme market in Cannes, France, October 16, 2018. The FCC said it was opening a public docket allowing for release of comments and presentations, saying permitting broader participation will serve the public interest. A Fox Television spokesperson on Wednesday said the "petition to deny the license renewal of WTXF-TV is frivolous, completely without merit and asks the FCC to upend the First Amendment and long-standing FCC precedent." The FCC, an independent federal agency, does not license broadcast networks, but issues them to individual broadcast stations on a staggered basis for eight-year periods. Fox cited FCC Chair Jessica Rosenworcel's comments in 2017 opposing Trump's suggestion the FCC could revoke the broadcast license for Comcast's (CMCSA.O) NBC over coverage of his administration.

Persons: Eric Gaillard, Fox, Joe Biden, Donald Trump, Jessica Rosenworcel's, Rosenworcel, David Shepardson, Sonali Paul Organizations: Fox Networks Group, REUTERS, Rights, U.S . Federal Communications Commission, Fox Television Stations, The Media, Democracy, Fox, U.S . Capitol, FCC, Fox Corp, Dominion Voting Systems, Republican, Fox Television, FOX, Philadelphia, NBC, Thomson Locations: Cannes, France, Philadelphia, U.S

☆ Lachlan Murdoch pays over $800,000 in legal fees to Australian publisher after abandoning defamation suit
▼ + stars: | 2023-08-22 | by ( Liam Reilly | ) edition.cnn.com time to read: +3 min

CNN —Lachlan Murdoch, Fox Corporation’s chief executive, paid substantial legal fees to Private Media, which publishes the scrappy Australia-based news outlet Crikey, after abandoning his defamation lawsuit against the outlet. So, $1,306,739 Australian ($839,207.39 US) to cover Private Media’s legal costs, more than the $1.1 million Australian ($705,000 US) that had been sought by the outlet. Private Media, which had crowdfunded its legal defense against Murdoch, pledged to donate $588,735 Australian ($377,555 US) — all of the money it had raised — to the Alliance for Journalists’ Freedom. Will Hayward, the chief executive of Private Media, said he was “delighted” to be able to donate the funds. “This includes campaigning for a Media Freedom Act, supported by a voluntary membership that will recognize quality journalism.”

Persons: Lachlan Murdoch, Fox, John Churchill, Murdoch, Crikey, unindicted, ”, doesn’t, Donald Trump, “, “ Crikey, Mr Murdoch, Churchill, Will Hayward, ” Hayward, Peter Greste Organizations: CNN, Fox Corporation’s, Private Media, Capitol, Fox Corp ., Fox News, Dominion, Systems, Alliance for Journalists ’ Locations: Australia

☆ Teva to pay $225 million in fines and divest generic drug to resolve price-fixing charges
▼ + stars: | 2023-08-21 | by ( Annika Kim Constantino | ) www.cnbc.com time to read: +3 min

Drugmaker Teva Pharmaceuticals agreed to pay $225 million in criminal fines over five years and divest its version of a generic cholesterol drug to resolve charges related to price-fixing on that medication and other widely used treatments, the Department of Justice announced Monday. Teva, in a press release Monday, said it will pay $22.5 million each year from 2024 through 2027, and $135 million in 2028. Glenmark Pharmaceuticals will pay $30 million to resolve similar charges. Since 2020, the DOJ's antitrust division has charged five other pharmaceutical companies for participating in similar schemes affecting several generic drugs. Teva has also agreed to donate $50 million worth of two generic drugs affected by price-fixing to humanitarian organizations that provide medications to Americans in need.

Persons: Drugmaker, Teva, Jonathan Kanter, Glenmark, Apotex Organizations: Drugmaker Teva Pharmaceuticals, Department of Justice, Glenmark Pharmaceuticals, Antitrust Division, DOJ, Eastern District of Pennsylvania, Apotex Corp Locations: Eastern District

☆ Major brands are mostly ignoring Elon Musk's new X logo: 'How many people really know what "Follow us on X" means?'
▼ + stars: | 2023-08-21 | by ( Lara O'Reilly | ) www.businessinsider.com time to read: +3 min

Twitter became X last month, but major brands have been slow to adopt the new logo. It's been almost a month since Twitter rebranded to X, but most major brands haven't scrubbed the blue bird logo from their marketing yet. Other giant corporations like General Motors, American Express, Amazon, Comcast, and L'Oreal have continued to carry the old Twitter logo on their websites. X released a new brand toolkit with logo templates and other marketing assets for marketers to use earlier this month. Musk changed the company name of Twitter to X Corp. earlier this year and replaced Twitter's branding on July 24 .

Persons: Twitter, It's, Procter, Gamble —, Matt Boffey, Boffey, Marissa Mulvihill, Musk Organizations: Twitter, General Motors, American Express, Comcast, L'Oreal, IBM, X Corp, PayPal, Brand Finance, Design, Partners Locations: Amazon

☆ Australia to buy U.S. Tomahawk missiles to boost long-range strike capability
▼ + stars: | 2023-08-21 | by ( Renju Jose | ) www.reuters.com time to read: +2 min

Australia's Defence Minister Richard Marles attends a joint news conference with France's Foreign and Defence ministers at the Quai d'Orsay in Paris, France, January 30, 2023. REUTERS/Sarah Meyssonnier Acquire Licensing RightsSYDNEY, Aug 21 (Reuters) - Australia will spend A$1.3 billion ($833 million) to boost its long-range strike capabilities as it finalised on Monday a deal to buy more than 200 Tomahawk cruise missiles from the United States, part of a wide-ranging defence shake-up. Australia will be only one of three nations to have Tomahawks along with the U.S. and Britain, Defence Minister Richard Marles said. Earlier this year it agreed to work with the United States and Britain to develop a nuclear-powered submarine fleet. In addition to the Tomahawks, Australia would spend about A$431 million to purchase more than 60 advanced anti-radiation guided missiles from the United States, the defence minister said.

Persons: Richard Marles, Sarah Meyssonnier, Marles, ., Renju Jose, Stephen Coates Organizations: Australia's, France's Foreign, Quai d'Orsay, REUTERS, Rights, U.S, Defence, Defence Force, U.S . State Department, RTX Corp, Royal Australian, High, Artillery Rocket Systems, Thomson Locations: Paris, France, Australia, United States, Britain, Hobart, China, Sydney

☆ FAA issues requirement for GTF engine inspections to address high pressure turbine disk issue
▼ + stars: | 2023-08-18 | by ( ) www.reuters.com time to read: +1 min

Pratt & Whitney logo is pictured on the GTF engine at the 54th International Paris Air Show at Le Bourget Airport near Paris, France, June 20, 2023. REUTERS/Benoit Tessier Acquire Licensing RightsAug 18 (Reuters) - The Federal Aviation Administration will require some users of Pratt & Whitney's <RTX.> geared turbofan engine to conduct ultrasonic inspections of a key part within 30 days, the agency said in an airworthiniess directive published Friday. The new airworthiness directive codifies the regulator's response to the previously disclosed problem. RTX declined to comment on the directive. Reporting by Valerie InsinnaOur Standards: The Thomson Reuters Trust Principles.

Persons: Pratt, Whitney, Benoit Tessier, Pratt & Whitney, Valerie Insinna Organizations: International Paris Air, Le, REUTERS, Federal Aviation Administration, Pratt, Pratt &, RTX Corp, Airbus, Thomson Locations: Le Bourget, Paris, France

☆ US FAA issues 30-day inspection mandate for Pratt & Whitney GTF engines
▼ + stars: | 2023-08-18 | by ( ) www.reuters.com time to read: +2 min

Pratt & Whitney logo is pictured on the GTF engine at the 54th International Paris Air Show at Le Bourget Airport near Paris, France, June 20, 2023. Pratt & Whitney parent RTX Corp RTX.N announced in July that a "rare condition" in powdered metal meant 1,200 of more than 3,000 engines, built for the twin-engined Airbus (AIR.PA) A320neo between 2015 and 2021, have to be taken off and inspected for micro cracks. In an airworthiness directive published on Friday, the FAA requires an ultrasonic inspection of the first- and second-stage high-pressure turbine disks within 30 days. The FAA said the directive, which is effective immediately, affects 20 engines on U.S.-registered aircraft and 202 engines worldwide. Pratt & Whitney issued an instruction to operators on Aug. 4 to expedite inspections of the disks.

Persons: Pratt, Whitney, Benoit Tessier, Pratt & Whitney, RTX, Valerie Insinna, Matthew Lewis Organizations: International Paris Air, Le, REUTERS, Federal Aviation Administration, Pratt, Pratt &, RTX Corp RTX.N, FAA, Thomson Locations: Le Bourget, Paris, France, Washington

☆ Rupert Murdoch's new girlfriend always had a touch of glamour even as a research scientist in the 2000s, former colleague says
▼ + stars: | 2023-08-18 | by ( Marianne Guenot | ) www.businessinsider.com time to read: +4 min

A former colleague told Insider he was aware she had a glamorous lifestyle. Rupert Murdoch's new flame, 66-year-old former scientist Elena Zhukova, always had a touch of glamor about her, but didn't flaunt it when she worked in the lab, a former colleague told Insider. Lee Slice, who shared an office with Zhukova in UCLA in the 2000s, told Insider he "wasn't really surprised" to see the retired molecular biologist on Murdoch's arm. "That was sort of a circle she interacted with, as well as the scientific community," Slice told Insider. Zhukova took her work as a scientist seriouslySlice said that at work, Zhukova was a fairly private person and that her lifestyle was not really visible in the office.

Persons: Elena Zhukova, Ruper, Rupert Murdoch's, Lee Slice, wasn't, Zhukova, Rupert Murdoch, Ann Lesley Smith, Westwood, Alexander Zhukova, Slice, It's, Dasha, Roman Abramovich, Stavros Niarchos II, Stavros Niarchos Organizations: Morning, Zhukova, UCLA, Fox Corp, Guardian, National Institutes of Health, Playboy, Yorker, Baylor College of Medicine, University of California, Financial Times, Tatler, Chelsea FC, Dasha Locations: Bethesda, Westwood, Beverly Hills, Los Angeles, Moscow, Soviet Union, Houston, British, Russian

☆ Rupert Murdoch, 92, is dating again after breaking off his engagement to Ann Lesley Smith 4 months ago
▼ + stars: | 2023-08-17 | by ( Lloyd Lee | ) www.businessinsider.com time to read: +1 min

Media mogul Rupert Murdoch, 92, has a new girlfriend, Elena Zhukova. Murdoch met Zhukova at a family gathering hosted by one of his ex-wives, per The Guardian. Zhukova is a retired biologist and was previously married to Russian billionaire, Alexander Zhukov. Fox Corp. Chairman Rupert Murdoch is back on the dating scene again, four months after he called off an engagement with another woman. Earlier this year, Murdoch had announced plans to wed Ann Lesley Smith, a former conservative radio host.

Persons: Rupert Murdoch, Elena Zhukova, Murdoch, Zhukova, Alexander Zhukov, Wendi Deng, Ann Lesley Smith, Cindy Adams Organizations: Guardian, Fox Corp, Daily Mail, New York Locations: Russian

☆ Top Morningstar strategist tells investors to sell these 6 'overvalued' stocks — and names 5 to buy
▼ + stars: | 2023-08-16 | by ( Weizhen Tan | ) www.cnbc.com time to read: +3 min

Despite last week's selloff, the strong rally this year means U.S. markets are now trading at only a small discount compared with the start of the year, says top Morningstar strategist Dave Sekera. He named six such stocks: Nvidia , Tesla , Oracle , Netflix , Apple , and Eli Lilly . Stocks to buy Still, Sekera said, there are opportunities in some stocks that investors can get into. He names five that he likes and that are still trading at a discount to their fair value. American Tower : This REIT, which owns cell phone towers, is trading at a 18% discount, Morningstar said.

Persons: selloff, Dave Sekera, CNBC's, Sekera, Eli Lilly, Morningstar, Stocks Organizations: Nasdaq, Nvidia, Tesla, Oracle, Netflix, Apple, Tech, Microsoft, Cognizant, Morningstar, Morningstar . U.S . Bancorp, U.S, Bank, Jacobs Solutions, RTX Corp, Pratt & Whitney Locations: U.S, Morningstar .

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