Tennessee Volkswagen employees overwhelmingly vote to join United Auto Workers union
apnews.com/article/volkswagen-union-vote-united-auto-workers-chattanooga-51544590d8a06efddfa2f6ac7db00fbe
Quick Glance: Historic Step: Volkswagen Workers in Tennessee Vote to Join Union
- Employees at a Volkswagen factory in Chattanooga, Tennessee, have decided to join the United Auto Workers union.
- This vote marks a significant milestone for the UAW's efforts to support nonunion factories.
- The decision has led to upcoming bargaining between Volkswagen and the union.
- The new UAW President Shawn Fain, backed by President Joe Biden, has previously led successful strikes against major automakers in Detroit resulting in lucrative new contracts.
Volkswagen workers vote to unionize in major win for organised labour: The United Autoworkers Union took a risk in a Republican - and often anti-union - part of ...
bbc.com/news/business-68861396
Warner Bros. Discovery Lost Money Last Year. Its CEO Got a $50 Million Payday.: Much of Chief Executive David Zaslav’s compensation was tied to free cash flow ...
on.wsj.com/3W7qRhs
Quick Glance: GOP's Financial Woes Resolved?
- After positive fundraising headlines for Donald Trump and the Republican National Committee (RNC), it seems the campaign is back on track, but the expenses for success were immense.
- While the Trump-RNC Joint Fundraising Committee, 'Trump 47 Victory', raised millions of dollars, only a fraction of it went towards political activities, exacerbating the financial crisis of the RNC.
- In comparison, the Biden-DNC committee, 'Biden Victory', was able to more effectively redirect funds and financially support Democratic parties in the states.
- A decision by the Federal Election Commission allowed the RNC to use funds from their 'legal' account for campaign advertising, temporarily easing the party's financial crisis but with long-term implications for both parties.
The Ministry of Ungentlemanly Warfare | Rotten Tomatoes: Based upon recently declassified files of the British War Department and inspired by true events ...
rottentomatoes.com/m/the_ministry_of_ungentlemanly_warfare
Quick Glance: The Secret Organization in World War II | Rotten Tomatoes
- An action-packed comedy reveals the formation of the first special forces unit in World War II based on secret files and true events.
- Under the leadership of Prime Minister Winston Churchill and author Ian Fleming, the secret combat group was established to combat the Nazis using unconventional methods, to change the course of the war, and to lay the groundwork for modern special forces.
- The director presents a blend of suspense and spectacle, although some critics criticize the lack of historical details and character development.
- Despite criticism of the portrayal as pure Hollywood entertainment, the film is deemed entertaining and action-packed, immersing audiences in a fascinating story.
‘You’re Never Too Busy For Your Banker’: How Italy’s ’Ndrangheta Mafia Allegedly Infiltrated Canadian Banks - OCCRP
occrp.org/en/investigations/youre-never-too-busy-for-your-banker-how-italys-ndrangheta-mafia-allegedly-infiltrated-canadian-banks
Quick Glance: How Italy’s 'Ndrangheta Mafia Allegedly Infiltrated Canadian Banks
- A Canadian faction of the 'Ndrangheta allegedly had close relationships with employees at two major Canadian banks to facilitate their financial activities.
- Angelo Figliomeni, the suspected mob boss, was at the center of the investigation, indicating that bankers were involved in the money laundering process of the group.
- The investigation revealed that the 'Ndrangheta organization generated income through illegal activities such as gambling and loan sharking, which were used for money laundering by bankers like Martino.
- Police seized assets worth millions of dollars and closed around 500 accounts at the implicated banks. Charges against Figliomeni and his co-defendants were dropped due to procedural errors.
Apple pulls WhatsApp and Threads from App Store on Beijing's orders: Apple says it has removed Meta’s WhatsApp messaging app and its Threads social media app ...
abcnews.go.com/Business/wireStory/apple-pulls-whatsapp-threads-app-store-beijings-orders-109425756
Quick Glance: Apple removes WhatsApp and Threads in China
- Apple removes Meta-owned apps under Chinese government pressure.
- Apps delisted due to 'national security concerns'.
- Chinese users now unable to download Western social media apps.
- Apple faces declining iPhone sales in China despite branding efforts.
JPMorgan warns of need for ‘reality check’ on phasing out fossil fuels: US bank says higher interest rates, inflation and global conflict have dented outlook for ...
ft.com/content/352b38a7-f298-4b54-adc2-f4cc1b17444b
Quick Glance: JPMorgan warns of Need for 'Reality Check' on Phasing out Fossil Fuels
- JPMorgan warns of setbacks in transitioning to renewable energy due to higher interest rates, inflation, and global conflicts.
- Investment in renewable energy currently offers subpar returns, potentially leading to social unrest.
- JPMorgan forecasts increasing demand for oil and gas until 2030, highlighting challenges in transitioning to renewable energy.
- Wood Mackenzie warns of the impact of higher interest rates on transitioning to a global net-zero economy, especially for renewables and nuclear power.
After a visit to Kiev: Habeck calls for more weapons for Ukraine: Robert Habeck had to go to an air raid shelter three times during his visit to Ukraine ...
spiegel.de/politik/deutschland/vizekanzler-robert-habeck-fordert-mehr-waffen-fuer-die-ukraine-a-9715c285-6a13-41c1-90f6-fa07388d85c3
Quick Glance: Habeck's Visit to Ukraine: Solidarity and Support
- Robert Habeck visits Ukraine to show German solidarity and promise support.
- Ukraine is in a war fighting for freedom and European values.
- Habeck brings business representatives to promote investments and boost arms production.
- Germany supports Ukraine with a Patriot air defense system and financial aid for the energy sector.
How France Is Fighting ‘Shrinkflation’: Merchants will be required to put signs in front of all products that have been reduced in size without a corresponding ...
nytimes.com/2024/04/19/business/france-economy-food-prices-shrinkflation.html
BoU issues new rules for mobile money transactions : Bank of Uganda has directed that customers carrying transactions involving Shs1m or more must first verify ...
monitor.co.ug/uganda/business/finance/bou-issues-new-rules-for-mobile-money-transactions--4596110
USC Cancels Graduation Keynote By Filmmaker Amid Controversy Over Decision To Drop Student's Speech
huffpost.com/entry/usc-speech-canceled_n_662317bbe4b0bf7f013849d6
Quick Glance: USC Cancels Filmmaker's Graduation Keynote Amid Controversy
- The University of Southern California canceled filmmaker Jon M. Chu's keynote speech just days after disallowing the student valedictorian from speaking.
- The private university in Los Angeles announced the cancelation of valedictorian Asna Tabassum's speech at the May 10 ceremony due to safety concerns.
- The university's decision was praised by pro-Israel organizations but condemned by free speech groups and the Council on American-Islamic Relations.
- University officials are now 'redesigning' the entire commencement program.
Judge in Trump case orders media not to report where potential jurors work: The judge in Donald Trump's hush money trial has ordered the media not to report ...
apnews.com/article/trump-hush-money-trial-media-jurors-anonymity-f858be6648fa2df7d2ab69efd30a524c
Quick Glance: Twelve Jurors Seated in Trump's Hush Money Trial
- A jury of 12 individuals was empaneled on Thursday in the landmark hush money trial of former President Donald Trump, bringing the proceedings closer to opening arguments and the commencement of weeks filled with compelling testimonies.
- The upcoming trial is anticipated to present unfavorable testimonies regarding Trump's personal life pre-presidency, including accusations of manipulating business records to suppress narratives in the final days of the 2016 election surrounding his intimate relationships.
- Central to the trial is a payment of $130,000 made by Cohen just before the 2016 election to adult film actress Stormy Daniels, aimed at preventing her allegations of a sexual encounter with Trump from being publicized in the campaign's final stretch.
- The selection of the jury holds paramount significance in any criminal proceeding, particularly so when the accused is a former president and the presumed Republican candidate. Potential jurors have undergone extensive scrutiny concerning their online presence, personal backgrounds, and political stances as legal representatives and the judge meticulously scrutinize for partialities that could compromise their impartiality.
Record value for financial assets: German private households are richer than ever
n-tv.de/wirtschaft/Deutsche-Privathaushalte-sind-so-reich-wie-nie-article24882901.html
Quick Glance: Record: Germans Hold 7716 Billion Euros in Wealth
- German private individuals hold a net wealth of 7716 billion euros.
- Stocks and investment funds saw significant gains in the last quarter.
- Cash and bank deposits remain the largest component of wealth.
- Household net wealth increases by 244 billion euros to 5560 billion euros.
Quality problems and sales decline: The disenchantment of Elon Musk and Tesla: Elon Musk is currently toppling his own monument. He is cutting at least 14 ...
kleinezeitung.at/wirtschaft/18379748/die-entzauberung-von-elon-musk-und-tesla
Tesla Will Recall Cybertruck in Latest Setback: A federal auto safety agency said the accelerator pedal on the pickup truck, sales of which began in late 2023 ...
nytimes.com/2024/04/19/business/tesla-cybertruck-recall.html
Quick Glance: Tesla Cybertrucks Recall Issued
- Tesla responds to defective accelerator pedals in nearly 3,900 Cybertruck pickups causing unintended acceleration.
- The recall involves Cybertruck vehicles manufactured between November 2023 and April 2024.
- An unauthorized use of soap during the accelerator pedal assembly likely led to the defect.
- Tesla voluntarily recalled the vehicles on April 12 due to two customer complaints.
"Facts over claims, Truth over sensationalism," #Doordarshan said while unveiling the new logo in a social media post.
Read more: scroll.in/latest/1066815/saffronisation-of-doordarshan-after-dd-news-unveils-new-logo-social-media-users-express-alarm
I-70 and I-71 construction around Columbus to extend into the 2030s, according to ODOT
dispatch.com/story/news/traffic/2024/04/19/i-70-and-i-71-construction-to-extend-into-the-2030s-according-to-odot/73341994007/
US imposes sanctions on two groups for fundraising for Israeli extremists in West Bank
cnn.com/2024/04/19/politics/us-west-bank-sanctions/
Israel attacks Iran, sources say, drones reported over Isfahan: Israel has attacked Iran, three people familiar with the matter said, as Iranian state media ...
reut.rs/3W5QoYf
Hungary's Orban tells EU top officials their time is up: The European Union's top officials must be replaced as they do not deserve another chance after the ...
reuters.com/world/europe/get-your-hat-leave-hungarys-orban-tells-eu-top-officials-2024-04-19/
Brave New Ukraine: How the World’s Most Besieged Democracy Is Adjusting to Permanent War
foreignaffairs.com/ukraine/brave-new-ukraine
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Law enforcement officers broke up a protest at New York's Columbia University, arresting over 100 pro-Palestinian demonstrators who had occupied a campus lawn ... Show more www.reuters.com/world/us/over-100-pro-palestinian-protesters-arrested-new-yorks-columbia-campus-2024-04-19/
Quick Glance: Over 100 Pro-Palestinian Protesters Arrested at Columbia Campus
- Columbia President Shafik authorized the arrest of over 100 pro-Palestinian protesters on the campus.
- Protests were against Israel's actions in Gaza.
- Demonstrators violated school rules by holding unauthorized protests.
- Protests demanded a permanent ceasefire in Gaza and university divestment.
Take your seat because Taylor Swift’s “Tortured Poets Department” meeting has officially been called into session.
The Grammy-winner has released her highly ... Show more edition.cnn.com/2024/04/18/entertainment/album-review-taylor-swift-reaction/index.html
The Five Futures of Russia: And How America Can Prepare for Whatever Comes Next: And how America can prepare for whatever comes next.
foreignaffairs.com/russian-federation/five-futures-russia-stephen-kotkin
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Israel has carried out a strike inside Iran, US official tells CNN, as explosions reported near military base
cnn.com/2024/04/18/middleeast/isfahan-iran-explosion-intl-hnk/
Quick Glance: US imposes new sanctions on Iran's drone program
- The United States imposed new sanctions Thursday on sixteen people and two entities associated with Iran’s drone program to punish Tehran for the weekend's attack on Israel.
- The sanctions target executives of an engine manufacturer supplying Iran’s Shahad-131 drones, companies servicing the engines, and individuals providing the drones to Iranian proxy forces in the Middle East.
- Coordinated with European allies, the new sanctions aim to disrupt Iran's missile and drone program and isolate the country globally.
- President Joe Biden emphasized the US commitment to holding Iran accountable, utilizing economic tools to counter Iran's activities, as stated by Treasury Secretary Janet Yellen.
Tesla shares tumble below $150 per share, giving up all gains made over the past year
apnews.com/article/tesla-stock-elon-musk-electric-vehicles-a58609b126ba5f5b7655f6049ecb27f1
Quick Glance: Tesla Shares Plummet Below $150, Erasing Year's Gains
- Tesla's stock tumbled below $150 per share, erasing all gains made in the past year, reflecting falling sales and deep discounts to attract buyers.
- Shares of Tesla have fallen by 12.4% this week and over 39% this year, accompanied by a global staff reduction of 10% amounting to around 14,000 jobs.
- Tesla's stock hit an all-time high in November 2021 but sales plummeted last quarter due to increased competition and failed price cuts to bolster demand.
- Anticipated lower first-quarter earnings for Tesla raise concerns about potential catalysts to reverse the stock decline amidst uncertainties surrounding the release of a new affordable electric vehicle and strategic shifts within the company.
UK freezes London property linked to Putin ally after ICIJ report - ICIJ: Since Russia invaded Ukraine in 2022, the U.K. government has faced criticism for ...
icij.org/investigations/pandora-papers/uk-freezes-london-property-linked-to-putin-ally-after-icij-report/
Quick Glance: UK Reacts to ICIJ Report on London Property of Putin Ally
- The UK government froze the multimillion-dollar London property roughly a week after the International Consortium of Investigative Journalists unveiled its connection to Igor Komarov and its seemingly untouched status by sanctions against the high-ranking Kremlin official.
- In February, the ongoing relationship between Komarov and the prime central London townhouse on Herbert Crescent, purchased for over $16.5 million through a British Virgin Islands-based shell company he previously managed, was highlighted.
- An update was made on April 5 regarding the Companies House records for Wastom, aligning with the ROE filings.
Massive airstrikes on Dnipro: Sharma: "Zelensky's tone has changed": While Economics Minister Habeck visits Ukraine, numerous Russian missiles hit the city of ...
n-tv.de/mediathek/videos/politik/Sharma-Selenskyjs-Ton-hat-sich-veraendert-article24885896.html
Benja, a baby southern white rhino frolics around its 21-acre paddock in the spring sunshine alongside its mother, Jaseera, at Whipsnade Zoo, north of London ... Show more
From 2025 you will probably pay hundreds of euros more for your health insurance: The health insurance companies expect the additional contribution to rise ...
focus.de/finanzen/versicherungen/krankenversicherung/groesster-beitragssprung-aller-zeiten-ab-2024-zahlen-sie-wohl-hunderte-euro-mehr-fuer-ihre-krankenkasse_id_259859862.html
Google fired 28 employees after some staffers staged protests against the tech giant’s business ties to the Israeli government reut.rs/3VXRPbc
Mark Zuckerberg net worth overtakes Elon Musk's for world's 3rd-richest: Musk and Zuckerberg have been at odds with each other in the past, with both agreeing to ...
businessinsider.com/mark-zuckerberg-elon-musk-net-worth-comparison-3rd-richest-person-2024-4
Google fires 28 employees after protest against cloud contract with Israel : Google has fired 28 employees who were involved in protests over the tech company’s ...
apnews.com/article/google-israel-protest-8c0ff2d46e19b90bdc49ffe6ec4ae274
Ubuntu outperforms Windows 11 on the Framework Laptop 16 with Ryzen 7 7840HS: Phoronix tested two versions of Ubuntu Linux against Windows 11 on the latest ...
tomshardware.com/laptops/ubuntu-outperforms-windows-11-on-the-framework-laptop-16-with-ryzen-7-7840hs
Elective surgery wait times almost double in 20 years as patients wait longer in emergency
abc.net.au/news/2024-04-19/elective-surgery-wait-times-almost-double-in-20-years/103742480
Exclusive: Northrop Grumman working with Musk's SpaceX on U.S. spy satellite system
reuters.com/business/aerospace-defense/northrop-grumman-working-with-musks-spacex-us-spy-satellite-system-2024-04-18/
Trump operation asks Republicans who use him for fundraising to share the haul: Donald Trump's campaign operation is requesting that Republican candidates and ...
nbcnews.com/politics/2024-election/trump-operation-asks-republicans-use-fundraising-share-haul-rcna148272
Quick Glance: Trump campaign seeks share of candidates' donations
- The Trump campaign asks Republican candidates using his name and image in fundraising appeals to give at least 5 percent of the proceeds to the campaign.
- The purpose of the 5 percent request is to prevent 'scammers' from misusing Trump's brand and affecting his fundraising efforts.
- Trump is struggling to catch up to Biden's fundraising and aims to boost his campaign account with the help of donors.
- The campaign warns of consequences for vendors and requests compliance with guidelines to avoid suspension of business relationships.
Musk’s next big payday matters more than his last: Yesterday’s paycheck is a poor guarantee of good work tomorrow. Electric-car maker Tesla is asking investors ...
reuters.com/legal/transactional/musks-next-big-payday-matters-more-than-his-last-2024-04-17/
The LASSIE project is preparing for a time when people and robots explore space together.
Learn more about how the #space economy can improve life on #Earth ... Show more www.weforum.org/agenda/2024/04/space-economy-technology-invest-rocket-opportunity/
Slow clean power generation growth hits Texas power sector: Maguire: Drops in power generation from wind farms, hydro dams and nuclear reactors has forced the ...
reuters.com/sustainability/climate-energy/slow-clean-power-generation-growth-hits-texas-power-sector-maguire-2024-04-17/
Trump tempts the court to find him in contempt: Intentional or not, the former president might wind up in serious trouble.
washingtonpost.com/opinions/2024/04/18/trump-contempt-merchan-trial-hush-money-new-york/
Toobin: Trump social media post ‘clearly’ violated gag order: Legal analyst Jeffrey Toobin said Wednesday that former President Trump’s recent social media post ...
trib.al/RxopTrs
Seth MacFarlane Foundation Teams With Martin Scorsese’s Film Foundation To Restore Its First-Ever Collection Of Animated Pics
deadline.com/2024/04/seth-macfarlane-martin-scorsese-animation-restoration-1235888528/
Quick Glance: Seth MacFarlane & Martin Scorsese Restore Vintage Animated Shorts
- Seth MacFarlane & Martin Scorsese join forces to restore vintage animated shorts, with some set to premiere at the TCM Classic Film Festival.
- Family Guy creator Seth MacFarlane and Goodfellas director Martin Scorsese have teamed up to fund the restoration of historically significant animated shorts from the 1920s to 1940s.
- The restored animated shorts mainly come from Max and Dave Fleischer, best known for their work on Superman, Popeye the Sailor, Betty Boop, and Koko the Clown. Funded by the Seth MacFarlane Foundation, the restorations used unique original pre-print elements and/or print sources, mostly nitrate, held at UCLA Film & Television Archive.
- Martin Scorsese is a strong advocate for restoring forgotten films and emphasizes the importance of preserving cinematic heritage. Some of these restored shorts will premiere at the 2024 TCM Classic Film Festival, with Seth MacFarlane providing a personal introduction.
Iran oil exports hit 6-year high as west prepares sanctions: Surge in crude sales to China exposes limits of US and EU attempts to rein in Islamic republic
ft.com/content/00bb5653-e9aa-4af1-8f9e-705137947b32
Quick Glance: Iran's Oil Exports Thrive Amid Rising Tensions
- Iran is exporting more oil than in the past six years, providing the economy with a $35 billion annual boost, as western countries consider tightening sanctions in response to the attack on Israel.
- The US and the EU are preparing new sanctions on the Islamic republic to deter conflict escalation with Israel, facing challenges due to Iran's successful circumvention of sanctions, especially with China being its primary customer.
- Iran has found ways to bypass sanctions, shielded from western pressure as its main oil exports go to China. Tensions have escalated since the Hamas attack on Israel, driving oil prices up by over 15%, while US efforts to sanction individual tankers carrying Iranian oil have had minimal impact so far.
- Mounting Republican pressure urges the Biden administration to take tougher action on Iran's oil sales, with criticism over perceived leniency on existing measures. Despite US strategic oil reserves being released to stabilize prices, concerns remain over the administration's stance on enforcing sanctions similar to the previous Trump administration.
Boston Dynamics, the robotics company that has been a social media sensation, is retiring its hydraulic powered robot, but that’s not quite the end for the ... Show more
Quick Glance: Boston Dynamics' New Fully Electric Atlas Robot
- Boston Dynamics has retired its hydraulic Atlas robots after 11 years and introduced a new fully electric version, marking a significant evolution in the company's product lineup.
- The electric Atlas offers enhanced strength, range of motion, and versatile applications across various industries, starting with automotive manufacturing for parent company Hyundai.
- Boston Dynamics has had a tumultuous history, from its founding as a promising research-focused startup to multiple acquisitions, but now seems to be focusing more on commercial applications.
- The launch of the electric Atlas not only signifies a milestone in robotics but also provides a glimpse into the future where humanoid robots are poised to play an increasingly integral role in the industry.
Martin Scorsese to revive Frank Sinatra biopic with Leonardo DiCaprio: The director is planning to return to his long-delayed project with Jennifer Lawrence ...
theguardian.com/film/2024/apr/18/martin-scorsese-to-revive-frank-sinatra-biopic-with-leonardo-dicaprio
Quick Glance: Scorsese Plans Sinatra Biopic with DiCaprio and Lawrence; Spielberg Plots UFO Film
- Martin Scorsese is planning a Sinatra biopic with Leonardo DiCaprio and Jennifer Lawrence. Tina Sinatra's approval is pending.
- 'A Life of Jesus' is scheduled to film in Italy, Egypt, and Israel this year. Steven Spielberg is working on a UFO film.
- Andrew Garfield and Miles Teller are being considered for 'A Life of Jesus'. Spielberg opts for a UFO film over Bullitt.
- David Koepp will pen the script for Spielberg's UFO film. The psychological components will be significant post 'Fabelmans'.
Biden endorses House aid package for Israel, Ukraine: House Speaker Mike Johnson is forging ahead toward a vote later this week on a package of Ukraine funding ...
apnews.com/article/ukraine-aid-house-speaker-f08102e171dcac2d66d513980d828d49
Quick Glance: Ukraine, Israel Aid Bill Advances in House
- The House has advanced a foreign aid package of $95 billion for Ukraine, Israel, Taiwan, and humanitarian support with rare bipartisan support.
- Speaker Mike Johnson implemented a strategy to secure support for wartime funding, especially for Ukraine in its battle against Russia.
- President Joe Biden and even Republican presumptive presidential nominee Donald Trump have endorsed the speaker's efforts.
- To pass each bill, complex bipartisan coalitions need to be formed by Johnson due to his slim Republican majority in the House, relying on Democratic support.
America’s debt problem is storing up trouble for the rest of the world: The high and rising level of US government debt risks driving up borrowing costs around ...
cnn.com/2024/04/17/economy/america-debt-interest-rates/
Quick Glance: IMF Warns of Fiscal Deficits in US and China
- The IMF has warned the US that its massive fiscal deficits have stoked inflation and pose “significant risks” for the global economy.
- Concerns were also raised about Chinese government debt, with the country projected to have a deficit of 7.6 per cent in 2025, more than double the average for other emerging markets.
- In addition to the US and China, the fund named two more countries that “critically need to take policy action to address fundamental imbalances between spending and revenues”.
- The IMF noted that “large and sudden increases” in US borrowing costs typically lead to surges in government bond yields globally and exchange rate turbulence in emerging markets and developing economies.
Revealed: Tory MP allegedly demanded campaign cash to pay ‘bad people’: Mark Menzies, MP for Fylde, used thousands of pounds raised by donors for private ...
thetimes.co.uk/article/tory-mp-mark-menzies-under-investigation-campaign-funds-bhksggpwl
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Boeing whistleblower: ‘They are putting out defective airplanes’: Boeing’s already battered reputation took another hit at two Senate committee hearings ...
cnn.com/2024/04/17/business/boeing-whistleblower-safety-hearing/
Quick Glance: Boeing Whistleblower Calls for Grounding of All 787 Dreamliners
- Boeing quality engineer Sam Salehpour is urging the planemaker to ground all 787 Dreamliners worldwide, citing potential structural issues.
- Salehpour alleges that Boeing took shortcuts during the construction of the 787 and 777 jets, compromising aircraft safety.
- After raising internal concerns with Boeing, Salehpour claims he faced retaliation and witnessed unsafe assembly practices in another program.
- Boeing defends the 787 Dreamliner's quality, while the FAA investigates Salehpour's claims, emphasizing the importance of aircraft safety.
Why Tesla wants to give Elon Musk $55 billion pay package: Tesla says Elon Musk's pay package is a "matter of fundamental fairness and respect to our CEO."
businessinsider.com/why-tesla-wants-give-elon-musk-billion-pay-package-2024-4
Quick Glance: Why Tesla Wants Approval for Elon Musk's $55 Billion Compensation Package
- Tesla is seeking shareholder approval for Elon Musk's compensation package, which was previously rejected by a judge.
- The company asserts that implementing the plan is crucial for Tesla's future growth.
- Elon Musk will be rewarded with stock options that become available when Tesla achieves specific financial objectives.
IMF says outlook for world economy is brighter but still modest by historical standards
pbs.org/newshour/economy/imf-says-outlook-for-world-economy-is-brighter-but-still-modest-by-historical-standards
Quick Glance: IMF upgrades global growth forecast despite risks
- The International Monetary Fund slightly raised its global growth forecast on Tuesday, noting that the economy had proven 'surprisingly resilient' despite inflationary pressures and monetary policy shifts.
- IMF's chief economist, Pierre-Olivier Gourinchas, indicated that the global economy is heading for a 'soft landing,' with risks to the outlook now broadly balanced.
- While advanced economies are expected to lead the growth, dim prospects in China and other major emerging markets could impact global trade partners, according to the report.
- Despite Tuesday's brighter outlook, global growth remains low compared to historical standards, partly due to weak productivity growth and increasing geopolitical fragmentation.
Inflation in U.K. Slows to 3.2%, Lowest in More Than 2 Years: As the economy cools, pressure is building on the Bank of England to cut interest rates.
nytimes.com/2024/04/17/business/uk-inflation-economy-interest-rates.html
Quick Glance: Powell Warns of Lack of Progress on Inflation
- Federal Reserve Chair Jerome Powell emphasized that the U.S. economy, while otherwise strong, has not seen a return of inflation to the central bank's target.
- Powell mentioned that the current policy should remain in place as inflation has not declined quickly enough and there has been no further progress towards the 2% goal.
- Since July 2023, the Fed has maintained its benchmark interest rate in a target range between 5.25% and 5.5%, the result of 11 consecutive rate hikes.
- Financial markets have had to adjust their expectations for rate cuts this year as inflation has been higher than expected, and the Fed's policy continues to be dependent on data.
Joe Biden takes his first jab at Donald Trump over hush-money trial: With the slightest of jabs Wednesday, President Joe Biden publicly acknowledged former ...
usatoday.com/story/news/politics/elections/2024/04/17/biden-jabs-trump-over-hush-money-trial/73354008007/
Quick Glance: Joe Biden Calls for Significant Increase in Tariffs on Chinese Steel
- US President Joe Biden is pushing for an increase in tariffs on Chinese steel and aluminium to strengthen union support in the swing state of Pennsylvania.
- During a meeting with United Steelworkers union members in Pittsburgh, Biden calls on trade representative Katherine Tai to raise the tariffs from the current average of 7.5 percent.
- The main focus of the measures is to combat China's new export surge and the ongoing price pressure that makes it difficult for American steel companies to compete.
- The Biden administration's decision to increase tariffs is expected to impact recent efforts by Washington and Beijing to stabilize relations.
Tesla seeks to award Elon Musk $56bn pay package: The deal, if approved by shareholders and judges, would be the largest in corporate America.
bbc.com/news/articles/cqqndqndpq5o
India election 2024: Hindu nationalism is mainstream thanks to 10 years of PM Modi
apnews.com/article/india-election-narendra-modi-hindu-nationalism-rss-79c30c8ae750a9c037d86b9e2c1b640c
Yellen calls Republican delays in approving Ukraine aid inexcusable: U.S. Treasury Secretary Janet Yellen on Wednesday underscored the Biden administration's ...
reut.rs/3xGLYwS
Heavy rains in UAE: No cloud seeding done, confirms Met Office: NCM meteorologist urges people not to fall for articles, videos spreading misinformation
gulfnews.com/uae/weather/heavy-rains-in-uae-no-cloud-seeding-done-confirms-met-office-1.1713373843670
Quick Glance: Cloud Seeding and the Record-Breaking Rains in Dubai
- Record-breaking rainfall in the UAE has caused widespread flooding.
- Experts speculate that cloud seeding may have contributed to this unprecedented weather event.
- Cloud seeding is a technique where special salt flares are burned in clouds to stimulate rain.
- While cloud seeding is practiced in many countries, some scientists remain cautious about its long-term impacts.
Brazil seeks to weaken fiscal targets it set only a year ago: Leftist administration of Luiz Inácio Lula da Silva wants greater flexibility on budget surplus ...
ft.com/content/14e6a4d4-8be7-46cf-bb51-8445b0e85dc1
Quick Glance: Brazil Moves to Relax Fiscal Targets Set a Year Ago
- The leftist administration of Luiz Inácio Lula da Silva wants more flexibility on budget surplus goals
- Brazilian President Luiz Inácio Lula da Silva’s government is seeking to loosen its own budget targets as investor concerns rise about the risk of fiscal slippage in Latin America’s largest economy
- Ministers intend to balance the budget next year, replacing the previous goal for income to exceed outgoings by 0.5 per cent of gross domestic product
- Analysts warn that the current deficit targets are unrealistic and likely to be tweaked, prompting investors to express concerns about Brazil’s economic approach under Lula
Naira gains at official market amidst depleting reserve: Market data published on the FMDQ website on Wednesday indicated that the naira closed at N1,072 ...
premiumtimesng.com/news/top-news/687032-naira-gains-at-official-market-amidst-depleting-reserve.html
Wall Street wants answers from Elon Musk on Tesla's Model 2 car: Elon Musk has kept investors hanging since he issued cryptic social posts following an exclusive ...
reuters.com/business/autos-transportation/wall-street-wants-answers-musk-teslas-affordable-car-2024-04-17/
Hugh Grant says he got 'enormous sum' to settle suit against The Sun tabloid: Hugh Grant says he received “an enormous sum of money” to settle a lawsuit accusing ...
abcnews.go.com/Entertainment/wireStory/hugh-grant-enormous-sum-settle-suit-alleging-illegal-109343525
Do you know Herbert Kickl? Of course you know him. But what do you really know about the FPÖ leader? The new season of our investigative podcast starts on ... Show more www.profil.at/ angebote.profil.at/
BREAKING: The US Federal Aviation Administration issued a ground stop advisory for all Alaska Airlines' mainline and subcarrier flights and that flights for ...
reut.rs/3UmTQN0
Temporary workers initially affected: Tesla separates from 300 employees in Germany
n-tv.de/wirtschaft/Tesla-trennt-sich-von-300-Mitarbeitern-in-Deutschland-article24882129.html
Martin Scorsese Hopes to Resurrect Sinatra Biopic with Leonardo DiCaprio and Jennifer Lawrence; Steven Spielberg Plots UFO Film
thefilmstage.com/martin-scorsese-hopes-to-resurrect-sinatra-biopic-with-leonardo-dicaprio-and-jennifer-lawrence-steven-spielberg-plots-ufo-film/
NPR Editor Who Wrote Critical Essay On Company Resigns After Being Suspended: A National Public Radio editor who wrote a critical essay saying that his company ...
huffpost.com/entry/media-npr-editor_n_6620fe1de4b07db21fd66578
Quick Glance: NPR Suspends Senior Editor Following Critical Substack Analysis
- Senior business editor Uri Berliner at NPR was suspended due to critical remarks about the broadcaster.
- Berliner faced a five-day suspension after releasing an analysis claiming NPR's coverage was influenced by liberal bias.
- NPR accused Berliner of breaching company policies by publishing his work outside the organization without approval.
- Following the essay's release, NPR employees lost confidence in Berliner, and the network's new CEO came under scrutiny from conservative activists.
Fee for platform X: Musk: new users should pay: Anyone who sets up a new account on X will have to pay in future. Elon Musk wants to beat annoying bots with a ...
zdf.de/nachrichten/wirtschaft/unternehmen/musk-x-gebuehr-100.html
Quick Glance: Musk Plans Fee for New X Users
- Elon Musk intends to charge new users of X in the initial months to curb the activity of automated bot accounts.
- The fee is set to be waived after three months to allow free posting.
- Tests in New Zealand and the Philippines raised skepticism about the effectiveness of the fee as a countermeasure against bots.
- Declining revenues at X post-rebranding and Twitter acquisition, along with a negative brand perception by companies, are impacting the service's business.
HECS debt expected to grow more than 4pc as high indexation continues: HECS-HELP debts are forecast to rise between 4.2 and 4.8 per cent this year ...
abc.net.au/news/2024-04-18/hecs-debt-indexation-high-university-student-fee-payments-grow/103733440
Elon Musk's wealth crashes $160 billion from peak amid Tesla troubles: Tesla stock has tanked by more than 60% since late 2021, slashing Elon Musk's fortune from ...
businessinsider.com/elon-musk-net-worth-tesla-stock-ev-billionaires-wealth-layoffs-2024-4
Raid on suspicion of black money at AfD Lower Saxony: The public prosecutor's office in Hanover is investigating the deputy head of the AfD in Lower Saxony ...
tagesschau.de/inland/innenpolitik/razzia-afd-niedersachsen-100.html
'I’m in pieces' - Israeli hostage's agony over husband held in Gaza by Hamas: Aviva Siegel tells the BBC of the brutal conditions she, Keith and others faced in ...
bbc.com/news/world-middle-east-68835646
Israel’s chief says it will respond to Iran’s missile strike: Israel’s military chief says that Israel will respond to Iran’s missile strike over the weekend. Lt ...
apnews.com/article/mideast-tensions-israel-iran-drone-attack-aec3627b0b19b42dcafc89a7408dc296
How to tell if your child is well enough to go to school or is in fact sick: Mild headache? School. Severe headache? Home. Don't know how to read your ...
thespinoff.co.nz/politics/18-04-2024/how-to-tell-if-your-child-is-well-enough-to-go-to-school-or-is-in-fact-sick
"Gender pay gap" in basketball: super-talented Caitlin Clark's salary causes outrage
spiegel.de/sport/basketball/gender-pay-gap-im-basketball-gehalt-von-caitlin-clark-sorgt-fuer-empoerung-a-0e06030e-1af4-4720-a5b1-6e9887e6180f
Tesla is planning to lay off 10% of its workers after dismal 1Q sales, multiple news outlets report
apnews.com/article/tesla-layoff-workforce-sales-decline-ee35abc216b5aeb222068500b916ef14
Elon Musk is feuding with Brazil’s powerful Supreme Court: The court has become the de facto regulator of social media in the country
economist.com/the-americas/2024/04/14/elon-musk-is-feuding-with-brazils-powerful-supreme-court
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Quick Glance: Elon Musk's Clash with Brazil's Supreme Court
- Serial entrepreneur Elon Musk has been publicly criticizing Alexandre de Moraes, one of Brazil's Supreme Court judges, for the past week.
- The dispute revolves around X, a social media company owned by Mr. Musk, which announced on April 6th that a Brazilian court had ordered it to block a set of 'popular' accounts or face hefty fines.
- Mr. Moraes then initiated an inquiry against Mr. Musk for obstruction of justice, leading Mr. Musk to claim that censorship in Brazil is worse than in any other country where the platform operates.
- The row highlights the power of Brazil's Supreme Court and the debate on regulating social media without harming freedom of speech, which is a crucial battleground in Brazil.
Treasury Secretary Janet Yellen is warning Iran that the U.S. "will not hesitate" to impose new sanctions in response to Iran's "unprecedented ... Show more abcnews.go.com/Site/fullpage/page-unavailable-61369435
Quick Glance: Yellen warns of further sanctions in response to Iran's increasing activities
- Treasury Secretary Janet Yellen warned of potential global economic damage from rising tensions in the Middle East and pledged that the U.S. and its allies won't hesitate to use their sanctions powers to address Iran's 'malign and destabilizing activity' in the region.
- The fast-rising tensions between Iran and Israel and the potential implications of escalation on the global economy are at the forefront of the spring meetings of the International Monetary Fund and World Bank.
- Yellen announced additional sanctions actions against Iran in the coming days and expressed support for liquidating roughly $300 billion in frozen Russian Central Bank assets for Ukraine's reconstruction.
- Another major focus of this year's meetings will be Chinese industrial policy, which Yellen believes poses a threat to U.S. jobs and the global economy. She plans to meet with Chinese counterparts to identify potential areas of cooperation and address concerns.
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