Boeing might sell billions worth of new stock as it runs short on cash:
The plane maker, facing a costly machinists strike, is reportedly looking to raise $10 ...
qz.com/boeing-new-stock-sale-cash-billions-machinists-strike-1851661615
Story Details
| Last Updated | Oct 02 |
| Total Articles | 6 |
Striking Boeing workers urge CEO to "truly engage" after loss of health coverage
wionews.com/business-economy/striking-boeing-workers-urge-ceo-to-truly-engage-after-loss-of-health-coverage-763872
Striking Boeing union asks CEO to 'truly engage' after workers' health coverage cut
reuters.com/business/aerospace-defense/striking-boeing-union-appeals-ceo-after-workers-health-coverage-cut-2024-10-01/
AeroTime Oct 02
Boeing cancels health insurance, IAM union calls it ‘error’: The union representing striking Boeing workers has said executives have “made an error” after the US ...
aerotime.aero/articles/boeing-cancels-health-insurance-iam-union-calls-it-error
Striking Boeing union presses CEO to 'truly engage' after workers' health coverage cut
reut.rs/4dAulxU
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Striking Boeing workers urge CEO to "truly engage" after loss of health coverage
wionews.com/business-economy/striking-boeing-workers-urge-ceo-to-truly-engage-after-loss-of-health-coverage-763872
Striking Boeing union asks CEO to 'truly engage' after workers' health coverage cut
reuters.com/business/aerospace-defense/striking-boeing-union-appeals-ceo-after-workers-health-coverage-cut-2024-10-01/
AeroTime Oct 02
Boeing cancels health insurance, IAM union calls it ‘error’: The union representing striking Boeing workers has said executives have “made an error” after the US ...
aerotime.aero/articles/boeing-cancels-health-insurance-iam-union-calls-it-error
Striking Boeing union presses CEO to 'truly engage' after workers' health coverage cut
reut.rs/4dAulxU
Dockworkers' union to suspend strike until Jan. 15, source says: The union representing 45,000 striking U.S. dockworkers at East and Gulf coast ports has reached ...
apnews.com/article/longshoremen-strike-ports-dockworkers-agreement-86fac07d1189e11ca4816b2cbf37affb
Quick Glance: Dockworkers' Union Halts Strike for Contract Negotiations
- The union representing 45,000 striking U.S. dockworkers has suspended a three-day strike until January 15 to allow for contract negotiations.
- A tentative agreement on wage increases has been reached, with port offers rising from 50% to 62% over six years.
- The strike began after the contract expired, with demands for a ban on automation at ports causing tensions.
- Panic buying of essential goods like toilet paper and water has occurred in Metro Detroit, with concerns about potential shortages of perishable foods in the coming days.
Short-lived port strike drove some to 'panic buy' at Richmond stores: So the strike might be over. Wonder how hard it is to return paper towels?
richmond.com/news/local/business/richmond-hoarding-toilet-paper-towels-grocery-aldi-kroger-loongshoreman-strike-dock/article_22d20028-81bb-11ef-929c-dfcc1eb81a29.html
Quick Glance: Shopping Frenzy in Richmond Due to Dockworker Strike
- Richmond experienced a surge in toilet paper and paper towel purchases triggered by an East Coast dockworker strike that was temporarily suspended.
- Concerns about potential supply shortages and price increases led consumers to stock up, despite 85% of U.S. paper demand being met by domestic suppliers.
- Stores like Aldi and Whole Foods reported stable supplies, while others like Walmart and Food Lion faced significant shortages.
- With a tentative agreement reached until January 15, the panic buying appears to be unwarranted.
Central Beirut hit as Israel vows ‘very strong’ response to Iran: Israel’s war cabinet is weighing its response after Iran launched its largest-ever attack on ...
cnn.com/world/live-news/israel-iran-attack-war-lebanon-10-03-24-intl-hnk/
Quick Glance: Israel Launches Major Assault on Beirut, Impacts Border Access
- Israeli airstrikes on southern Beirut resulted in significant explosions and destruction, with reports indicating 11 consecutive attacks took place.
- The Israeli military stated it eliminated a senior Hezbollah communications chief, while fighting along the Lebanon-Syria border caused a massive exodus of civilians.
- UNHCR warned that most shelters in Lebanon are full, leaving tens of thousands to sleep outdoors in worsening winter conditions.
- Regional tensions are escalating further, especially following a significant Iranian missile attack on Israel and the U.S. response to the situation.
Musk sending Starlink terminals to storm-ravaged North Carolina: SpaceX CEO Elon Musk said Tuesday the aerospace company is sending more Starlink terminals to ...
trib.al/xkI9cDa
Quick Glance: Starlink: Internet and Politics After Hurricane Helene
- Starlink, the satellite internet service from SpaceX, is being deployed in southern Appalachia affected by Hurricane Helene to establish critical internet connections.
- The Biden administration plans to deploy Starlink devices, while Elon Musk has stated that costs will be waived in the impacted areas.
- The political aspect is highlighted by Musk's interaction with Donald Trump, raising questions about the effectiveness of FEMA's response.
- Musk has previously politicized the provision of Starlink services in conflicts, creating tensions in Ukraine and Taiwan.
Mark Zuckerberg joins exclusive $300 billion club, is second-richest person in world
9news.com.au/world/mark-zuckerberg-joins-exclusive-300-billion-club-is-second-richest-person-in-world/8027dc36-4cc0-400a-bb21-9fbe422f33de
Quick Glance: Zuckerberg Overtakes Bezos as Second Richest
- Mark Zuckerberg has surpassed Jeff Bezos to become the second richest person in the world with a net worth of $206 billion.
- Elon Musk remains the richest with $256 billion, while Meta, founded by Zuckerberg, boasts a market capitalization of $1.255 trillion.
- Meta's stock surged by 23% following strong sales results for Q2 2024, marking Zuckerberg's return to the top 10 richest individuals.
- Forecasts suggest Zuckerberg could achieve trillionaire status by 2030 if he maintains his current growth rate of 35.8%.
Hezbollah loses contact with senior leader Hashem Safieddine: Sources: Hashem Safieddine was reportedly inside Hezbollah’s underground intelligence headquarters ...
aljazeera.com/news/2024/10/5/hezbollah-loses-contact-with-senior-leader-hashem-safieddine-sources
Daily Sabah Oct 05
New Turkish combat drone Anka-3 makes public debut at Teknofest: Türkiye's first flying-wing, deep-strike drone made its public debut at Türkiye's ...
dailysabah.com/business/defense/new-turkish-combat-drone-anka-3-makes-public-debut-at-teknofest
Quick Glance: Turkish Combat Drone Anka-3 Unveiled at Teknofest
- The Anka-3, Turkey's first flying-wing drone, was unveiled at Teknofest.
- Developed by Turkish Aerospace Industries, it features low radar visibility and high speed.
- With a maximum takeoff weight of 6,500 kilograms, the Anka-3 is designed for various missions including reconnaissance and surveillance.
- The event highlights Turkey's growing ambitions in technology and defense.
At least 21 killed in Israeli strike on Gaza mosque - News | Khaleej Times: Israel said that it had targeted 'Hamas terrorists' who were operating inside the ...
khaleejtimes.com/world/mena/at-least-21-killed-in-israeli-strike-on-gaza-mosque
OpenAI CEO: We may have AI superintelligence in “a few thousand days”: Altman says "deep learning worked" and will lead to "massive prosperity."
arstechnica.com/information-technology/2024/09/ai-superintelligence-looms-in-sam-altmans-new-essay-on-the-intelligence-age/
Trump appears before large crowd at site of assassination attempt in Pennsylvania
straitstimes.com/world/united-states/trump-appears-before-large-crowd-at-site-of-assassination-attempt-in-pennsylvania
Quick Glance: Trump and Musk: Return to the Scene
- Donald Trump returned to Pennsylvania after an assassination attempt to campaign.
- Elon Musk supported Trump, highlighting the importance of the upcoming election on November 5.
- Trump and his vice-presidential candidate J.D. Vance discussed the incident, with Vance calling it a 'miracle' that Trump survived.
- Trump held a moment of silence for the attack victim and stated that their movement is stronger than ever.
Biden says Israel shouldn’t strike Iranian nuclear sites, but US officials recognize it has a right to respond to attack
cnn.com/2024/10/02/politics/biden-israel-iran-response/
Quick Glance: Iran's Threatened Response to Potential Israeli Attacks
- Iran has warned the US through Qatar that a new Israeli attack would provoke an "unconventional response."
- The Iranian message emphasizes a desire to avoid regional war but insists Israel must be deterred.
- The recent tensions stem from Iran's missile strike on Israel in retaliation for Israeli actions in Gaza and Lebanon.
- Iran indicates it will no longer remain passive and threatens "tough consequences" for any further aggression.
Lufthansa CEO Spohr Calls His Airline The “Problem Child” Of The Group, Aims For Turnaround
loyaltylobby.com/2024/10/03/lufthansa-ceo-spohr-calls-his-airline-the-problem-child-of-the-group-aims-for-turnaround/
How might Israel respond to Iran’s missile attacks?: All options are on the table as Israel is expected to launch a retaliatory attack on strategic Iranian ...
aljazeera.com/news/2024/10/3/how-might-israel-respond-to-irans-missile-attacks
Inside the bro-ification of Mark Zuckerberg : Mark Zuckerberg has remade his image from a dorky, democracy-destroying CEO into a cool, athletic AI visionary in ...
washingtonpost.com/technology/2024/10/04/mark-zuckerberg-transformation-meta-ceo-facebook/
Quick Glance: Zuckerberg: The New Cool CEO of Meta
- Mark Zuckerberg is reinventing his image, attracting attention from younger tech generations.
- His new style and podcast appearances have transformed him from a nerdy CEO into a confident leader.
- Meta's decision to open source its AI models has gained Zuckerberg additional respect within the industry.
- Despite distancing himself from political donations, he has shifted his rhetoric to the right, criticizing the Biden administration.
SpaceX launches rescue mission for stranded NASA astronauts: SpaceX has launched a rescue mission for the two stuck astronauts at the International Space Station ...
apnews.com/article/spacex-launch-boeing-nasa-stuck-astronauts-e179d0dc6c77d224278fd0430148ff8b
Quick Glance: Crew-9 Mission Brings Starliner Astronauts Closer to Home
- Astronaut Nick Hague and cosmonaut Aleksandr Gorbunov arrived at the International Space Station aboard a SpaceX Dragon capsule to relieve Crew-8 and facilitate the return of Starliner astronauts.
- The Crew-9 mission launched successfully, although a problem with the Falcon 9 rocket has led to a temporary suspension of its launches.
- The Starliner astronauts, who could not return due to technical issues, are expected to fly home in February 2024.
- NASA aims to advance preparations for future lunar missions under its Artemis program with the Crew-9 mission.
Israel strikes Lebanon as region braces for response to Iran: Israel’s war cabinet is weighing its response after Iran launched its largest-ever attack on the ...
edition.cnn.com/world/live-news/israel-iran-attack-war-lebanon-10-04-24-intl-hnk/index.html
IDF orders evacuation of northern Gaza: Israel's Lebanon operation continues as leaders consider their response to Iran's long-range attack on Tuesday ...
abcnews.go.com/US/live-updates/israel-gaza-lebanon-updates-idf-confirms-new-attacks/
Mark Zuckerberg joins exclusive $200 billion club, closes in on third-richest person in world
cnn.com/2024/09/28/business/zuckerberg-200-billion-richest-meta/
Quick Glance: Zuckerberg Approaches Title of Third-Richest Individual
- Mark Zuckerberg's wealth surged by $73.4 billion in 2024, reaching $201 billion.
- He is now the fourth richest person globally, joining the exclusive $200 billion club.
- Meta shares have risen nearly 64% this year, hitting a record high of $568.31.
- Zuckerberg announced that Meta AI is on track to become the world's most used assistant.
Tesla has to fix another issue with the Cybertruck: The Cybertruck has been recalled for the fifth time since its launch in November, this time to fix an issue ...
digitaltrends.com/cars/tesla-has-to-fix-another-issue-with-the-cybertruck/
Notes From Poland Oct 01
Polish airline LOT apologises to disabled BBC journalist forced to crawl to toilet
notesfrompoland.com/2024/10/01/polish-airline-lot-apologises-to-disabled-bbc-journalist-forced-to-crawl-to-toilet/
Quick Glance: LOT Airlines Apologizes to Disabled BBC Journalist
- Poland's national airline, LOT, apologized to a BBC journalist who had to crawl on the floor during a flight due to the absence of onboard wheelchairs.
- Frank Gardner, who has used a wheelchair since a 2004 shooting, highlighted the discriminatory nature of the airline's policy on social media.
- LOT stated that while wheelchairs are available on long-haul flights, they are currently not on short-haul flights and are working on solutions.
- The airline expressed regret for the discomfort caused and reaffirmed its commitment to ensuring accessibility for all passengers.
Trump falsely claims he was endorsed by JPMorgan CEO Jamie Dimon: Former President Donald Trump on Friday falsely claimed in a social media post that he had been ...
nbcnews.com/politics/2024-election/trump-falsely-claims-was-endorsed-jpmorgan-ceo-jamie-dimon-rcna174087
Quick Glance: Trump Falsely Claims Endorsement from Jamie Dimon
- Donald Trump claimed on Truth Social that he received an endorsement from Jamie Dimon, CEO of JPMorgan Chase, which Dimon promptly denied.
- A spokesperson for Dimon confirmed that he has not endorsed anyone.
- When asked about the post, Trump stated he knew nothing about it.
- Despite the false claim, the post remained visible on Trump's platform for over three hours.
Latest in WordPress war: Automattic says it wanted 8% cut of WP Engine revenue: Trademark royalties is one way to force support of open source, we guess
theregister.com/2024/10/02/automattic_wp_engine_wordpress_license/
Aston Villa shock Bayern in Champions League, thanks to Duran's superb late strike
straitstimes.com/sport/football/aston-villa-shock-bayern-in-champions-league-thanks-to-durans-superb-late-strike
Quick Glance: Aston Villa Shocks Bayern in Champions League
- Aston Villa defeated Bayern Munich 1-0, ending their Champions League unbeaten streak since 2017.
- This victory signifies a turning point for Villa, which has risen from relegation battles to the Premier League's top four under Unai Emery.
- Jhon Duran scored the crucial goal, while Emiliano Martinez made two vital saves to secure the win.
- The atmosphere at Villa Park was electrifying, and the players are determined to continue their success in the Champions League.
'Everybody Wants to Be First': Nvidia CEO Says Demand for Its Blackwell AI Chip Is 'Insane'
entrepreneur.com/business-news/nvidia-ceo-jensen-huang-demand-for-blackwell-ai-is-insane/480833
UniCredit-Commerzbank Deal Could Create Value, Intesa CEO Says: Intesa Sanpaolo Chief Executive Officer Carlo Messina said a takeover of Commerzbank AG by ...
bloomberg.com/news/articles/2024-10-03/unicredit-commerzbank-deal-could-create-value-intesa-ceo-says
Dockworkers go on strike for first time in decades causing concern for holiday supply chain stoppages
pbs.org/newshour/nation/dockworkers-go-on-strike-for-first-time-in-decades-causing-concern-for-holiday-supply-chain-stoppages
Wccftech Oct 04
NVIDIA’s Blackwell Now In “Full-Force” Production ; Jensen Says That The Demand Is …
wccftech.com/nvidias-blackwell-now-full-production-jensen-demand-is-insane/
West Asia crisis: Israel should strike Iran's nuclear facilities, says Trump
wionews.com/world/west-asia-crisis-israel-should-strike-irans-nuclear-facilities-says-trump-764656
Quick Glance: Trump Calls for Israeli Strikes on Iran's Nuclear Sites
- Donald Trump stated that Israel should target Iran's nuclear facilities following a recent missile attack from the country.
- He criticized President Biden for opposing strikes on Iranian nuclear sites.
- Trump emphasized the dangers of nuclear weapons and the need for preparedness.
- Democratic leaders suspect Israeli Prime Minister Netanyahu may be attempting to influence U.S. politics by avoiding peace negotiations.
184 passengers and crew evacuated as Ryanair Boeing plane catches fire on runway in Italy
ctvnews.ca/world/184-passengers-and-crew-evacuated-as-ryanair-boeing-plane-catches-fire-on-runway-in-italy-1.7061545
Stellantis CEO Carlos Tavares Mulls Exiting After Contract Ends in Early 2026: In his first public comments since Stellantis NV confirmed it had started ...
bloomberg.com/news/articles/2024-10-03/stellantis-ceo-mulls-exiting-after-contract-ends-in-early-2026
Quick Glance: Stellantis CEO Tavares Contemplates Retirement in 2026
- Carlos Tavares, Stellantis CEO, commented on the possibility of retirement in 2026 during his visit to the Sochaux plant.
- He stated he would honor his contract until January 2026, while discussions for his successor have begun.
- Tavares believes his remaining tenure is sufficient to address challenges following a recent earnings warning.
- He highlighted positive trends, including a recovery in US market share and strong sales of the 3008 and 5008 models.
The Drive Oct 01
AMG CEO Thinks Customers Buy Its Cars for Tech, Not V8s: “Customers who came to the brand because of the V8 did not come because they just wanted to have a big ...
thedrive.com/news/amg-ceo-thinks-customers-buy-its-cars-for-tech-not-v8s
23andMe is on the brink. What happens to all its DNA data?: The once-hot Silicon Valley startup has seen its stock’s value decline 99% and is struggling to ...
npr.org/2024/10/03/g-s1-25795/23andme-data-genetic-dna-privacy
23andMe is on the brink. What happens to all its DNA data?: The once-hot Silicon Valley startup has seen its stock’s value decline 99% and is struggling to ...
npr.org/2024/10/03/g-s1-25795/23andme-data-genetic-dna-privacy
Striking Boeing union presses CEO to 'truly engage' after workers' health coverage cut
reut.rs/4dAulxU
Musk says his companies are looking to invest in Argentina: Elon Musk, the CEO of Tesla and SpaceX, said in an X post on Tuesday that his companies are looking ...
reuters.com/business/musk-says-his-companies-are-looking-invest-argentina-2024-09-24/
Israeli air strike on northern Lebanon kills Hamas commander and his family: Israel also launches more attacks on Beirut’s southern suburbs and says it targeted ...
aljazeera.com/news/2024/10/5/israeli-air-strike-on-northern-lebanon-kills-hamas-commander-and-his-family
Israel-Iran latest: Key road used to flee Lebanon 'significantly bombed' - as Israel and tells more than 30 towns to evacuate
news.sky.com/story/israel-iran-war-hezbollah-lebanon-latest-sky-news-live-12978800
Quick Glance: Israel Strikes Beirut, Evacuations Ordered in South Lebanon
- Israel has launched fresh airstrikes on Beirut, particularly in the Bashoura area, and ordered immediate evacuations from over 20 towns in southern Lebanon.
- The Israeli military claimed to have targeted Hezbollah's intelligence headquarters, resulting in numerous casualties, including civilians and Hezbollah personnel.
- In retaliation, Hezbollah conducted rocket attacks on Israeli military positions, claiming successful strikes against Israeli forces.
- The situation is worsening, with the WHO noting difficulties in delivering medical supplies to the injured in Lebanon.
Blackstone CEO sees a continuing 'golden' moment for private credit: NEW YORK -- Private credit continues to enjoy a "golden" moment after the recent ...
asia.nikkei.com/Editor-s-Picks/Interview/Blackstone-CEO-sees-a-continuing-golden-moment-for-private-credit
Biden: I don't know if Netanyahu is trying to sway US election: Some Democrats accuse Israel's PM of holding off on agreeing a Gaza ceasefire deal for political ...
bbc.com/news/articles/cje3zl0dq2ko
“Why We Need Medicare for All”: Boeing Cuts Off Health Coverage to 33,000 Striking Workers
democracynow.org/2024/10/4/headlines/why_we_need_medicare_for_all_boeing_cuts_off_health_coverage_to_33_000_striking_workers
Dockworkers on East and Gulf Coast to return to work after reaching agreement on wages
nbcnews.com/business/business-news/dockworkers-union-reach-tentative-agreement-wages-suspend-strike-talks-rcna173963
Boeing makes ‘best and final offer’ to striking machinists: The company said its new offer is contingent on striking union workers ratifying the contract by late ...
oregonlive.com/business/2024/09/boeing-makes-best-and-final-offer-to-striking-machinists.html
Quick Glance: Boeing and Union Meet to Resolve Ongoing Strike
- Boeing and union negotiators are set to meet again to address the two-week strike that has significantly disrupted aircraft production.
- The International Association of Machinists and Aerospace Workers is demanding a 40% pay increase and the reinstatement of a defined benefit pension plan.
- Boeing's latest offer includes a 30% pay rise over four years, which the union rejected as insufficient.
- The strike has further impacted the production of the 737 MAX model, leading to delivery delays for customers including Ryanair.
Lebanon hospitals close as Israeli strikes hit health facilities: The World Health Organisation says at least 37 facilities have shut and dozens of medical staff ...
bbc.com/news/articles/c30lj9m300vo
At least 18 killed in massive Israeli strike on Tulkarm in occupied West Bank: At least 18 people have been killed by an Israeli strike on the Tulkarm refugee ...
middleeasteye.net/news/least-over-dozen-killed-massive-strike-tulkarm-occupied-west-bank
Quick Glance: Deadly Airstrike in Tulkarem: 18 Casualties Reported
- An Israeli airstrike on the Tulkarem refugee camp in the West Bank resulted in at least 18 fatalities.
- The Israeli military stated that the attack was coordinated with Shin Bet, targeting the head of Hamas's infrastructure.
- Footage revealed significant destruction in the camp, with rescue efforts underway for the injured.
- A spokesman for President Abbas condemned the strike as a 'heinous crime' and highlighted the escalating violence against Palestinians.
AeroTime Oct 01
NTSB: 40 non-US carriers may be flying 737s with faulty part: In a letter to the FAA, the NTSB chair has suggested that at least 40 non-US operators could be ...
aerotime.aero/articles/ntsb-jennifer-homendy-letter-faa-actuator
Nvidia CEO and execs cash in on $1.8 billion worth of Nvidia stock — largest stock sale in chipmaker's recent history
tomshardware.com/tech-industry/nvidia-ceo-and-execs-cash-in-on-usd1-8-billion-worth-of-nvidia-stock-largest-stock-sale-in-chipmakers-recent-history
For This Boeing Family, the Job Is the Same. The Payoff Isn’t: Working at the jet maker gave the Merwins a middle-class life near Seattle, but they say “the ...
wsj.com/business/airlines/middle-class-boeing-jobs-union-seattle-360c39ed
SpaceX capsule docks at ISS to collect stranded astronauts: The craft will return Butch Wilmore and Suni Williams - stranded since June - to Earth.
bbc.com/news/articles/clylvz1ppdmo
Italian prosecutors accuse 7 people, 2 firms over flawed Boeing plane parts: Italian prosecutors on Saturday accused seven people and two sub-contractors of ...
reuters.com/business/aerospace-defense/italian-prosecutors-accuse-7-people-2-firms-over-flawed-boeing-plane-parts-2024-10-05/
Quick Glance: Accusations Against Seven for Defective Boeing Parts
- Italian prosecutors have accused seven individuals and two subcontractors of fraud and safety violations.
- The investigation began in 2021 after Boeing reported defective parts for the 787 Dreamliner from an Italian supplier.
- Two subcontractors allegedly used inferior materials, compromising the structural integrity of the aircraft components.
- The accused will have the opportunity to present new evidence before a decision is made on a potential trial.
Wccftech Oct 01
CD Projekt CEO Recognizes the Company’s Immaculate Reputation May Be Gone Forever After Cyberpunk …
wccftech.com/cd-projekt-ceo-recognizes-the-companys-immaculate-reputation-may-be-gone-forever-after-cyberpunk-2077/
Top Hezbollah commander killed in Israeli strike on Beirut - two security sources
reuters.com/world/middle-east/top-hezbollah-commander-killed-israeli-strike-beirut-two-security-sources-2024-09-20/
Iran says its allies 'will not back down' in war with Israel: Iran's supreme leader has vowed in a rare address that his allies around the region would keep ...
rnz.co.nz/news/world/529886/iran-says-its-allies-will-not-back-down-in-war-with-israel
Quick Glance: Khamenei Calls for Unity Against Israel
- Iran and its regional allies will not back down against Israel and are calling for unity among Muslim nations.
- Khamenei described the attack on Israel as legitimate and a response to the killings of key Hezbollah and Hamas figures.
- The sermon was delivered in a tense political climate and marked Khamenei's first public address in over four years.
- He emphasized that Israel is the common enemy and urged Muslim nations to collaborate to prevent the threat of regional war.
Boeing Stock Is Slipping. A Share Offering Is Coming, Says a Report.: Aerospace firm Boeing is weighing a $10 billion equity raise, Bloomberg reported ...
barrons.com/articles/boeing-stock-offering-wall-street-874832b7
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Nomura CEO Kentaro Okuda apologizes in his first public appearance following allegations that an employee manipulated the bond futures market
www.bloomberg.com: Nomura Holdings Inc. Chief Executive Officer Kentaro Okuda apologized in his first public appearance following allegations that an employee ...
bloomberg.com/news/articles/2024-10-02/nomura-ceo-apologizes-after-probe-into-bond-market-manipulation
Boeing might sell billions worth of new stock as it runs short on cash: The plane maker, facing a costly machinists strike, is reportedly looking to raise $10 ...
qz.com/boeing-new-stock-sale-cash-billions-machinists-strike-1851661615
US warships and planes strike Houthi targets in Yemen: Large explosions were heard in some of Yemen's largest cities, including the capital Sanaa.
bbc.com/news/articles/cx2ld3wxeyqo
AeroTime Sep 27
NTSB ‘uncertain’ number of 737s flying with impaired part: The NTSB has issued an urgent safety recommendation following an incident in February 2024 ...
aerotime.aero/articles/ntsb-urgent-safety-recommendation-pedal-jammed-boeing
Quick Glance: Urgent Safety Warning Issued for Boeing 737 MAX
- The National Transportation Safety Board has issued urgent safety recommendations for certain Boeing 737s, including the 737 MAX, warning that critical flight controls may jam.
- An investigation revealed that an actuator attached to the rudder on some 737 NG and 737 MAX planes could fail, following a February incident where United Airlines MAX 8 pilots reported stuck rudder pedals.
- The NTSB is urging Boeing to develop an alternative solution and inform pilots about the issue, while the FAA is monitoring the situation closely.
- Boeing has faced numerous challenges over the years, including two fatal crashes of the 737 Max that led to a 20-month grounding of the aircraft and significant financial repercussions.
Boeing’s space and defense chief exits in new CEO’s first executive move: Boeing said on Friday the head of its troubled space and defense unit is leaving the ...
reuters.com/business/aerospace-defense/boeing-defense-head-ted-colbert-leave-2024-09-20/
Netanyahu: Israel changing ‘balance of power in north,’ has ‘duty’ to strike back at Iran and ‘will do so’
timesofisrael.com/liveblog_entry/netanyahu-israel-changing-balance-of-power-in-north-has-duty-to-strike-back-at-iran/
Ukrainian Long-Range Drones Torch Another Oil Storage Site Deep in Russia: The night before drones pounded a military airfield nearby in the industrial Voronezh ...
kyivpost.com/post/40029
Quick Glance: Ukrainian Drone Strikes Target Russian Energy Facilities
- Ukrainian long-range drones targeted the Annanefteprodukt refinery near Voronezh, igniting a fuel storage site.
- Local authorities claimed all drones were intercepted, but social media footage contradicted this, showing significant explosions.
- Another drone strike was reported at an oil depot in the Perm region, indicating a resumption of attacks on Russian energy infrastructure.
- President Zelensky highlighted the urgent need to increase long-range drone production to effectively damage Russia's military capabilities.
October surprises are piling up, but a toss-up race seems impervious to shocks: October surprises are coming at a dizzying pace. But the question is whether ...
cnn.com/2024/10/03/politics/october-surprises-trump-harris-analysis/
Quick Glance: Trump Labels Everything as Election Interference
- Donald Trump continues to claim without evidence that the 2020 election was stolen, now warning of rigging in the 2024 election.
- His campaign has cited numerous activities as election interference, yet provided no concrete evidence of fraud or illegal manipulation.
- Trump has also accused the Secret Service and Google of interfering in the election while making baseless allegations against Democrats.
- Despite his repeated assertions, there is no credible evidence of illegal influence affecting the upcoming election.
Stranded Astronauts Set to Come Home After SpaceX Capsule With Extra Seats Reaches ISS
time.com/7026608/stranded-astronauts-spacex-rescue-iss/
Boeing Said to Weigh Raising at Least $10 Billion Selling Stock: Boeing Co. is considering raising at least $10 billion by selling new stock ...
bloomberg.com/news/articles/2024-10-01/boeing-said-to-weigh-raising-at-least-10-billion-selling-stock
Nvidia CEO Jensen Huang says nuclear energy would be "wonderful" to power its data centers
neowin.net/news/nvidia-ceo-jensen-huang-says-nuclear-energy-would-be-wonderful-to-power-its-data-centers/
Quick Glance: Jensen Huang: AI Will Offset Energy Consumption
- Nvidia CEO Jensen Huang asserts that AI's advantages will ultimately counterbalance its significant energy consumption.
- He emphasizes that increased electricity use will be offset by substantial efficiency gains in energy distribution and generation.
- Huang expresses skepticism regarding extreme energy consumption projections and calls for a clearer understanding of actual energy needs.
- He views the rise of AI as a new industrial revolution linked closely to energy consumption and human prosperity.
Progress is reported between ports and dockworkers with strike looming: Dockworkers at ports from Maine to Texas have started walking picket lines in a strike ...
apnews.com/article/port-strike-ila-dockworkers-begins-e5468e760f46a64e4322d1702beb1f72
Tropical Storm Milton forms in Gulf of Mexico, expected to strike Florida as hurricane
scrippsnews.com/weather/gulf-of-mexico-disturbance-92l-could-become-a-tropical-storm-this-weekend
Quick Glance: Storm Milton Threatens Florida as Hurricane
- Tropical Storm Milton is projected to become a major hurricane in three days, targeting Florida's already storm-damaged west coast.
- The National Hurricane Center warned of life-threatening hazards as the storm is likely to reach hurricane status in less than 36 hours.
- Governor Ron DeSantis declared a state of emergency for 35 counties, including Pinellas County, due to expected storm surge and wind impacts starting Tuesday evening.
- Forecasts indicate heavy rainfall and potential flooding in the coming days, with residents urged to prepare for the storm.
IDF confirms death of Hamas de facto PM, other officials in Gaza airstrike several months ago
timesofisrael.com/liveblog_entry/idf-announces-death-of-hamas-de-facto-pm-in-gaza-airstrike-several-months-ago/
Boeing, striking union to return to negotiations on Monday: Boeing's and its largest union said on Friday that contract talks will resume on Oct. 7 ...
reuters.com/business/aerospace-defense/boeing-striking-union-negotiators-return-table-oct-7-2024-10-04/
ETH Zurich spinoff Voliro’s flying robots save lives, but don’t tell its CEO: We have only touched the surface of what drones can do and how ubiquitous they will ...
techcrunch.com/2024/10/03/eth-zurich-spinoff-voliros-flying-robots-save-lives-but-dont-tell-its-ceo/
Wccftech Oct 02
Epic CEO: Our Company Is Now Financially Sound; Gamers Gravitate Towards Live Service Multiplayer
wccftech.com/epic-ceo-our-company-is-now-financially-sound-gamers-gravitate-towards-live-service-multiplayer/
Quick Glance: Epic Games Achieves Financial Stability After Layoffs
- Epic Games has regained financial stability after laying off 830 employees.
- Tim Sweeney reported that the company successfully rebuilt over the past year, with Fortnite and the Epic Games Store hitting record user activity.
- Fortnite reached 110 million monthly active users during the holidays, while the Epic Games Store recorded 70 million monthly active users.
- Despite financial successes, Epic continues to face legal challenges that have cost the company over $1 billion.
The port strike could strand Boeing and Airbus parts: Facilities in South Carolina and Alabama get their parts from struck ports
qz.com/port-strike-boeing-airbus-ila-dockworkers-1851663122
Israel will ‘continue to strike powerfully in Mideast’ tonight, says IDF spokesman
timesofisrael.com/liveblog_entry/israel-will-continue-to-strike-powerfully-in-mideast-tonight-says-idf-spokesman/
Amazon could cut 14,000 managers and save $3 billion: analysts: Amazon CEO Andy Jassy wants to change the ratio of individual contributors to managers ...
businessinsider.com/amazon-could-cut-managers-save-3-billion-analysts-2024-10
How to help Hurricane Helene victims: Millions across the southeastern United States are reeling after Hurricane Helene roared ashore overnight ...
cnn.com/us/how-to-help-helene-storm-victims-iyw/
Microsoft’s AI Boss Wants Copilot to Bring ‘Emotional Support’ to Windows and Office
wired.com/story/mustafa-suleyman-interview-microsoft-ai-ceo-copilot/
Cult of Mac Oct 03
Today in Apple history: CEO Michael Spindler denies Apple is a ‘lame duck’: On October 3, 1994, BusinessWeek published a profile of Apple as it struggled under ...
cultofmac.com/apple-history/michael-spindler-apple-not-lame-duck
Striking Machinists find little to like in new Boeing offer, won’t vote on it: Boeing substantially raised its contract offer to the Machinists union Monday ...
st.news/3zsmSmE
‘That’s not manly’: Chechen warlord claims Elon Musk disabled his Tesla: “How could you do that, Elon?” asks Ramzan Kadyrov, saying the tech billionaire remotely ...
politico.eu/article/chechnyas-strongman-leader-accuses-elon-musk-disabling-bricking-his-tesla/
Quick Glance: Kadyrow Slams Musk Over Cybertruck Shutdown
- Ramsan Kadyrow, the Chechen leader, harshly criticized Elon Musk for allegedly shutting down a gifted Cybertruck.
- Kadyrow expressed his discontent on Telegram, calling Musk's actions unmanly and rude.
- Musk denied the claims, labeling the assertion that he gifted Kadyrow the Cybertruck as a lie.
- The Cybertruck has been in production since 2023, but its availability in Germany remains uncertain.
Bose Reinvented Itself Just in Time. Now Comes the Tricky Part: The audio brand might be ticking close to retirement age, but the innovators behind this private ...
wired.com/story/bose-reinvented-itself-just-in-time-now-comes-the-tricky-part/
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