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☆ He Was an Engineer. She Was a Nurse. Now They Work on Hospital Ships Together.
▼ + stars: | 2023-04-18 | by ( Julie Halpert | ) www.wsj.com time to read: 1 min

Richard and Susan Brewster in front of the Mercy Ship the Anastasis back in 1999 in South Africa. Richard Brewster and Susan Brewster spent their early careers working in very different fields, she as a nurse and he as an electrical engineer. But after retiring, they began to use their different skills together—working aboard hospital ships that bring medical care to countries where for many it is not readily available. Mr. Brewster, who is 84, spent 30 years helping design and supervise the construction of nuclear power plants. Ms. Brewster, who is 79, graduated from nursing school in 1965 and worked part time as a nurse until she retired in 2004.

☆ Rising sea levels may have forced the Vikings out of a successful settlement
▼ + stars: | 2023-04-18 | by ( Katie Hunt | ) edition.cnn.com time to read: +4 min

Why they abandoned a successful settlement is a mystery that historians never have been able to fully explain. The idea that sea levels would have been rising as temperatures fell is a little counterintuitive, according to the researchers. However, Earth’s oceans aren’t like a bathtub, and the study noted that changes in sea level don’t affect all areas equally. The Greenland Ice Sheet readvanced during Viking occupation of the eastern settlement and peaked in the Little Ice Age. That advance caused sea level rise near the ice margins because of the sinking of Earth’s crust, according to the study.

☆ Boeing has a delivery problem and it's not good for the airlines that rely on its planes
▼ + stars: | 2023-04-15 | by ( Taylor Rains | ) www.businessinsider.com time to read: +6 min

These include the MAX 7, MAX 8, and the MAX 8200, which is a high-capacity version of the MAX 8 variant. American has 42 MAX planes in its fleet and 88 on order. The carrier has 137 MAX planes in its fleet with firm orders for 417, plus another 147 as options. Though Boeing and its partners are still assessing the impact of the most recent delivery stoppage, delivery delays have become a serious trend for the planemaker. And, Boeing said despite its recent 787 delivery pause, it didn't "anticipate a change to our production and delivery outlook for the year."

☆ Boeing's 737 Max problem is the latest headache for airlines hungry for new planes
▼ + stars: | 2023-04-14 | by ( Leslie Josephs | ) www.cnbc.com time to read: +3 min

An aerial view of the engines and fuselage of an unpainted Boeing 737 MAX airplane parked in storage at King County International Airport-Boeing Field in Seattle, Washington, June 1, 2022. The problem is related to two of several brackets in the aft fuselage of some 737 Max planes, including the most popular model, the Max 8. Boeing has a backlog of 4,196 Max planes, according to a tally on its website. "Boeing contacted us regarding an issue with a supplier's manufacturing process that will affect the delivery of Boeing 737 MAX planes to Southwest," the company said in a statement Thursday. A worldwide grounding and production pause of the 737 Max followed two fatal crashes of the Max.

☆ Exclusive: Boeing targets 2025 for return to pre-crisis 737 MAX production rates -sources
▼ + stars: | 2023-04-10 | by ( Valerie Insinna | ) www.reuters.com time to read: +3 min

After increasing monthly MAX production rates to 38 in June, Boeing's current plans call for 42 MAXs a month by January 2024 and 47 by June 2024, the sources, who asked not to be identified, told Reuters. Boeing, which has not provided details of its production plans, declined to comment. The U.S. planemaker further pared back MAX rates during the COVID-19 pandemic. "Boeing doesn't really have plans to get beyond 52 (MAXs), nor is it likely to do so. Meanwhile, Merluzeau said 737 MAX production appears to be stabilizing as Boeing's hiring bears fruit.

[1/2] The statue of a scout stands in the entrance to Boy Scouts of America headquarters in Irving, Texas, February 5, 2013. More than a dozen insurers, including Liberty Mutual Insurance Company, have said the Boy Scouts' bankruptcy settlement puts them on the hook for paying "thousands of invalid and questionable claims." The Boy Scouts settlement, approved in bankruptcy court in September, was supported by 86% of abuse claimants and the Boy Scouts' two largest insurers. The Boy Scouts organization said Friday it would oppose any effort to delay bankruptcy exit. The Boy Scouts filed for bankruptcy in February 2020 after several U.S. states enacted laws allowing accusers to sue over decades-old abuse allegations.

☆ Boeing just sold hundreds of Dreamliners — now it just needs to figure out how to consistently deliver them
▼ + stars: | 2023-04-01 | by ( Taylor Rains | ) www.businessinsider.com time to read: +5 min

This is not the first time Boeing has had to stop 787 deliveries. Despite the latest pause, Boeing said it didn't "anticipate a change to our production and delivery outlook for the year." Henry Harteveldt, travel analyst and president of Atmosphere Research Group, told Insider the Boeing 787 is favorable due to its fuel efficiency, versatility, and passenger comfort. Boeing told Insider it will "continue to produce at a slow rate as we increase back to five per month." "In the case of the 787, you've got components coming in from many countries around the world," he told Insider.

March 28 (Reuters) - A U.S. judge on Tuesday affirmed the Boy Scouts of America's $2.46 billion settlement of decades of sex abuse claims, rejecting appeals by some of the group's insurers and abuse claimants. The Boy Scouts settlement, approved in bankruptcy court in September, was supported by 86% of abuse claimants and the Boy Scouts' two largest insurers. The Boy Scouts organization said it was "enormously grateful" to abuse survivors who spoke out about their experiences and who voted to support the settlement. The judge rejected insurers' appeals that argued the Boy Scouts organization colluded with abuse claimants to shift liability to insurers. The Boy Scouts also contributed additional insurance rights, which may be worth more than $4 billion, to the fund will pay abuse claims, according to Andrews' ruling.

March 24 (Reuters) - Financial sector headwinds are creating fresh openings for private equity investments in aerospace, as suppliers' need for capital to meet soaring demand for planes and parts risks further turbulence, executives said. He said he would not oppose a private equity investment, as long as he maintains control and the combination makes sense by lowering costs. Global private equity deals among companies with aerospace portfolios rose to 216 in 2022, more than double 2019's figure and the highest in over a decade, according to Refinitiv data. Permanent Equity wants to invest in repair stations and suppliers with large inventories of aerospace parts. In Canada, while bank loans remain accessible for small suppliers, rising rates have flattened real estate pricing.

[1/3] Theranos founder Elizabeth Holmes arrives to attend her fraud trial at federal court in San Jose, California, U.S., December 16, 2021. REUTERS/Peter DaSilva/File PhotoNEW YORK, March 23 (Reuters) - A key prosecution witness whose testimony helped convict Theranos founder Elizabeth Holmes of fraud sued Walt Disney Co (DIS.N) on Thursday over a recent Hulu miniseries that he says defamed him by portraying him as corrupt. Rosendorff said the character, Mark Roessler, covered up Theranos' fraud by ordering the destruction of damaging lab results, falsifying records and engaging in other dishonest and unethical conduct. "At the time of the trial, (Rosendorff) was considered a heroic whistle-blower, a witness who was instrumental in the jury’s verdict convicting Holmes," the filing said. The case is Rosendorff v Hulu LLC et al, New York State Supreme Court, New York County, No.

☆ Japan Airlines and Boeing reach deal for 21 737 MAX jets
▼ + stars: | 2023-03-23 | by ( ) www.reuters.com time to read: +2 min

REUTERS/Issei KatoMarch 23 (Reuters) - Japan Airlines (9201.T) has placed its first-ever order for the Boeing 737 MAX, announcing a plan on Thursday to buy 21 jets to replenish its narrowbody fleet. The JAL order ensures a foothold for the MAX with Japan's flagship carrier as Boeing strives to undermine Airbus's lead in the narrowbody market. "One problem that has hobbled the (737 MAX) program is that despite good orders, there haven't been as many high profile users. ANA and Boeing concluded the MAX deal in July. The Boeing 737-800 currently makes up the largest portion of JAL's narrowbody fleet, with the carrier owning 47 jets and leasing another 17 737s, according to JAL.

☆ Insiders were stepping up and buying this week at these regional banks and niche financials
▼ + stars: | 2023-03-17 | by ( Yun Li | ) www.cnbc.com time to read: +4 min

The banking crisis drove regional bank stocks sharply lower this week, but many insiders took advantage of the turmoil to scoop up shares of their own institutions in what may prove a vote of confidence. Shares of regional banks slumped as the collapse of Silicon Valley Bank left investors worried that other regional banks might face similar balance sheet issues, a possible mismatch between long-dated assets and short-dated liabilities. Regional banks had regained some ground Thursday in anticipation of a group of 11 banks stepping in to First Republic by depositing $30 billion for at least 120 days . Charles Schwab Notably, Charles Schwab CEO Walt Bettinger bought 50,000 shares Tuesday, worth nearly $3 million, for his personal account. Valley National Bancorp Ira Robbins (CEO) bought 5,000 shares Wednesday Jennifer Steans (Director) bought 150,000 shares Tuesday Eric Edelstein (Director) bought 20,000 shares Tuesday Melissa Schultz (Director) bought 15,000 shares Tuesday Jeffrey Wilks (Director) bought 8,000 shares Tuesday Marc Lenner (Director) bought 5,000 shares Tuesday Suresh Sani (Director) bought 5,000 shares Tuesday Valley National Bancorp saw a rush of insider buying this week, including purchases by its CEO and several directors.

U.S. forces in both countries combat Islamic State militants, who are also active from North Africa to Afghanistan. MASSIVE COSTSThe costs of U.S. involvement in Iraq and Syria are massive. "It was worth it because the decision was not simply: 'Does Saddam pose a WMD threat in 2003?'" IN THE GULF'Ryan Crocker, who served as U.S. ambassador in Iraq, said the 2003 invasion did not immediately undermine U.S. influence in the Gulf but the 2011 withdrawal helped push Arab states to start hedging their bets. Reporting By Arshad Mohammed and Jonathan Landay; Additional reporting by Idrees Ali; Editing by William MacleanOur Standards: The Thomson Reuters Trust Principles.

☆ 'Flamin' Hot' producer DeVon Franklin reveals why he tapped Eva Longoria to direct the film and why he's unfazed by questions over whether it's true to the origins of the fiery Cheetos flavor
▼ + stars: | 2023-03-13 | by ( Reed Alexander | ) www.businessinsider.com time to read: +11 min

The movie "Flamin' Hot" celebrates Mexican heritage and the invention of Flamin' Hot Cheetos. Impressed with the unlikely entrepreneur, Enrico gave it a try — and thus, Flamin' Hot Cheetos were born, and Montañez's career took off. "Flamin' Hot" stars actor Jesse Garcia as Richard Montañez. Eva Longoria directed the new film "Flamin' Hot." The LA Times article, amongst journalists and amongst this small group of people, may get some traction.

☆ With 'Flamin' Hot' movie set to premiere at SXSW, its producer tackles claims about the central character's role in creating the spicy Cheetos flavor and reveals how Eva Longoria won the director job
▼ + stars: | 2023-03-10 | by ( Reed Alexander | ) www.businessinsider.com time to read: +11 min

The movie "Flamin' Hot" celebrates Mexican heritage and the invention of Flamin' Hot Cheetos. An LA Times report raised doubt about the role of the film's protagonist, Richard Montañez, in creating the flavor. Impressed with the unlikely entrepreneur, Enrico gave it a try — and thus, Flamin' Hot Cheetos were born, and Montañez's career took off. Eva Longoria directed the new film "Flamin' Hot." The LA Times article, amongst journalists and amongst this small group of people, may get some traction.

HOUSTON, March 8 (Reuters) - Copper mining giants are scrambling to attract and retain workers, especially in the United States, amid rising global demand for the red metal for the green energy transition. While regulatory push back and water supply have been among the mining industry's historical challenges, access to talent has emerged as another worry. Workers are needed with skills to build and run mines producing lithium, nickel, copper and other metals to feed the green energy transition. We're just trying to make our work as attractive to people as we can," said Adkerson, who has run the company since 2003. Freeport peer Rio Tinto Ltd (RIO.AX)(RIO.L) has more than 4,000 employees in Utah, where the company runs the Kennecott copper mine.

☆ An Arizona Home Filled With Western and Native American-Inspired Art Asks $6.685 Million
▼ + stars: | 2023-02-18 | by ( Libertina Brandt | ) www.wsj.com time to read: 1 min

Be the first to know about the biggest and best luxury home sales and listings by signing up for our Mansion Deals email alert. Richard Adkerson has spent years filling his Arizona home with Western and Native American-inspired art, such as traditional wooden kachina dolls and paintings and sculptures by the likes of John Moyers and John Coleman.

☆ Did My 1967 Experiment Inspire China’s Spy Balloon?
▼ + stars: | 2023-02-18 | by ( Richard A. Muller | ) www.wsj.com time to read: 1 min

China accused the U.S. on Monday of having sent more than 10 large balloons into its airspace over the past few years. I might have been the first to do so—but it was long ago, and if I’m guilty, it was inadvertent. Like China’s balloon that sailed over the U.S. this year, mine was about 200 feet tall and flew at 65,000 feet. Mine was launched in 1967 and bore the name “HAPPE” on the container holding the craft’s data-collection instruments, known as its science package. Is it a coincidence that, according to the Journal, China named its balloon program, begun in the late 1960s or ’70s, the HAPI project?

The Codex Sassoon, dating from the late 9th or early 10th century, sold for $38.1 million at Sotheby’s in New York on Wednesday. It is believed to be the earliest and most complete Hebrew Bible. The Codex Sassoon fell short of its high estimate of $50 million, however. A rare findThe Codex Sassoon is believed to be the very first codex, or manuscript in book form, of the Hebrew Bible. Top image: A woman examines the centuries-old Hebrew Bible.

☆ World's oldest Hebrew Bible could fetch $50 million at auction
▼ + stars: | 2023-02-15 | by ( Robert Frank | ) www.cnbc.com time to read: +1 min

Images of the Codex Sassoon, which Sotheby's will auction in May. A Hebrew Bible that's more than 1,000 years old could sell for up to $50 million at auction this spring, which would make it the most valuable historical document ever auctioned. The sales estimate for the Bible is between $30 million to $50 million. In 2021, hedge fund billionaire Ken Griffin paid $43.2 million for a first edition copy of the U.S. Constitution at a Sotheby's auction. In 1994 Bill Gates paid $30.8 million for the Codex Leicester, a collection of scientific writings that contains drawings by Leonardo da Vinci.

☆ Why the IRS says to hold off filing your tax return if you received a relief check in 2022
▼ + stars: | 2023-02-08 | by ( Mike Winters | ) www.cnbc.com time to read: +2 min

The agency is clarifying whether these special state tax rebates should be taxed federally, an IRS spokesperson tells CNBC Make It. The IRS recommends that tax filers who qualified for relief checks wait until "additional guidance is available or consult with a reputable tax professional." The IRS also recommended that those who have already filed a 2022 tax return not file an amendment. Each state relief program is run differently, too, which adds to the confusion. However, the site also says that the "department cannot comment on any federal tax consequences of the rebates and relief payments."

Last month, he called on companies to hike pay at a level above inflation, with some already heeding the call. Last month, Japan recorded its biggest drop in earnings, once inflation is taken into account, in nearly a decade. A changing job marketExperts say Japan’s wages have also suffered because it lags in another metric: its productivity rate. Hideya Tokiyoshi, a teacher in Japan, told CNN he had barely seen his salary go up over the last 30 years. “If some of the biggest companies in Japan raise wages, many other firms will follow,” if only to stay competitive, said Yamaguchi.

For more than 40 years, Stephanie Seymour has relished being in front of a camera. She’s one of the inaugural ’90s-era supers, one of the rare models who appeared on both haute couture runways and Playboy covers, blazing a trail for others. “The original baby woman” is how fellow supermodel Naomi Campbell refers to Seymour, describing her ability to be both naive and sensual, an all-American pinup and a high-fashion muse. Having worked with the biggest names in photography, including Richard Avedon, Herb Ritts and Peter Lindbergh, Seymour has built her career by happily submitting to the gods of the photo shoot. Until this one.

[1/10] A Boeing E-4B "Doomsday Plane" military aircraft takes off at Joint Base Andrews, in Maryland, U.S., May 11, 2022. But it was in the seemingly endless rows at the back of the new jumbo that the 747 transformed travel. "This was THE airplane that introduced flying for the middle class in the U.S.," said Air France-KLM CEO Ben Smith. "Prior to the 747 your average family couldn't fly from the U.S. to Europe affordably," Smith told Reuters. Now, two previously delivered 747s are being fitted to replace U.S. presidential jets known globally as Air Force One.

☆ Nick Clegg led Meta's decision to reinstate Trump to Facebook and Instagram. Here's how the former UK deputy prime minister charmed his way into Mark Zuckerberg's inner circle.
▼ + stars: | 2023-01-26 | by ( Philip Webster | ) www.businessinsider.com time to read: +18 min

Nick Clegg has risen quickly to become one of Mark Zuckerberg's closest confidants at Meta. Clegg, a former UK deputy prime minister, led the decision to reinstate Donald Trump to Facebook. It was updated on February 16, 2022 following the news that Nick Clegg had been promoted to the role of President for Global Affairs. In a challenging economic climate, the Lib Dems and their Conservative coalition partners voted to raise tuition fees. Nick Clegg (left) and Chris Huhne appearing on the BBC's "The Andrew Marr Show" in October 2007.

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