Boeing to lay off about 2,000 white-collar jobs in finance and HR

Boeing to lay off about 2,000 white-collar jobs in finance and HR

At the end of last month, on the same day that Boeing touted plans to hire 10,000 people this year, senior leadership convened virtual meetings internally to break bad news to nonunion staff in human resources and finance. Despite the...
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Florida’s Gov. DeSantis Declares Financial War On ‘Woke’ Universities

Florida’s Gov. DeSantis Declares Financial War On ‘Woke’ Universities

Florida Gov. Ron DeSantis threw down the gauntlet on fixing higher education on Jan. 31, vowing to eliminate all funding for Diversity, Equity, Inclusion (DEI), and Critical Race Theory (CRT) throughout the state. Public universities should not be in the...
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Australia Procures UH-60M Black Hawk Helicopters, Replacing MRH-90 Taipan

Australia Procures UH-60M Black Hawk Helicopters, Replacing MRH-90 Taipan

The acquisition will be made as part of the Project LAND 4507-1 of the Australian Army, and would be done through US Foreign Military Sales (US FMS) program. The deliveries of the Black Hawk helicopters are expected to start later...
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Boeing Tumbles On Unexpected Q4 Loss

Boeing Tumbles On Unexpected Q4 Loss

Boeing reported an unexpected loss to end 2022 as the planemaker grappled continued to grapple with high costs that threaten to slow further its already moribund recovery. The aerospace giant reported an adjusted EPS loss of $1.75 in the fourth...
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China Becomes World’s Biggest LNG Buyer

China Becomes World’s Biggest LNG Buyer

China is rapidly becoming the world’s most dominant force in liquefied natural gas, with Chinese buyers accounting for 40% of recent long-term LNG contracts among global players, according to Nikkei Asia. Take Chinese energy giant Sinopec Group, which ...
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FAA secretly widened the EKG parameter range for pilots so they wouldn’t be grounded

FAA secretly widened the EKG parameter range for pilots so they wouldn’t be grounded

FAA loosening its EKG range for pilots while offering no explanation as to why to the public. In the October 2022 version of the FAA Guide for Aviation Medical Examiners, the FAA quietly widened the EKG parameters beyond the normal...
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Jordan bought 12 Block 70 F-16s from Lockheed Martin

Jordan bought 12 Block 70 F-16s from Lockheed Martin

The US State Department approved the deal in February, saying the planes and associated equipment would cost some $4.21 billion. The Royal Jordanian Air Force (RJAF) Command has signed a deal to buy 12 Block 70 F-16 fighter jets from...
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Pentagon Drops COVID-19 Vaccine Mandate For Troops

Pentagon Drops COVID-19 Vaccine Mandate For Troops

More than 8,400 troops were forced out of the military for refusing the dangerous jab. After football players, basketball players and sports commentators drop like bowling pins every day on live TV watch, Department of Defense (Pentagon) announced on Tuesday.....
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FDA approves controversial new Alzheimer’s drug

FDA approves controversial new Alzheimer’s drug

The US Food and Drug Administration (FDA) on Friday approved a highly anticipated new drug designed to slow cognitive decline in patients in mild and early stages of Alzheimer’s disease. The FDA approval of the drug, Leqembi, also known as lecanemab, comes...
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Russia Close To Legalizing International Trade In Bitcoin, Crypto

Russia Close To Legalizing International Trade In Bitcoin, Crypto

Russia’s Congressional finance committee chairman, Anatoly Aksakov, said the country is moving to greenlight international trade in cryptocurrency within the next month, according to a report by national news agency TASS. “In January, we want to legali...
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Musk Will Resign As Twitter CEO After ‘Finding Someone Foolish Enough To Take Job’

Musk Will Resign As Twitter CEO After ‘Finding Someone Foolish Enough To Take Job’

Elon Musk tweeted Tuesday night that he would step down from the CEO role at Twitter Inc. after finding a successor. This comes two days after he asked users whether he should step down — most respondents answered “Yes.” “I will...
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Fresh Missile Barrage Leaves Cities Across Ukraine Without Power Or Water

Fresh Missile Barrage Leaves Cities Across Ukraine Without Power Or Water

Russia launches at least 76 missiles at critical infrastructure. Commander of Ukraine’s Armed Forces Gen. Valeriy Zaluzhnyi tallied that Russia launched 76 missiles at critical infrastructure throughout the country. He then claimed that national air defen...
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President Joe Biden announced a $36 billion bail-out of financially troubled pension plans

President Joe Biden announced a $36 billion bail-out of financially troubled pension plans

Pension funds need an annual profit of 6 to 7% to function. And how do you achieve that when government bonds have yielded 0 to 2% p.a. for the past 11 years? Yeah, using a government bail-out! The funds are...
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Boeing to rollout final 747 jumbo jet from Everett factory

Boeing to rollout final 747 jumbo jet from Everett factory

After more than half a century in production, the last example of Boeing’s 747 ‘Jumbo Jet,’ the iconic airliner that brought long-range wide-body air travel to the world, has rolled off the production line. With the closure of the production...
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US Approves $3.75B Sale of Abrams Tanks to Poland

US Approves $3.75B Sale of Abrams Tanks to Poland

The US government on Tuesday announced the approval of a $3.75 billion sale of 116 Abrams tanks and other equipment to Poland. “The proposed sale will improve Poland’s capability to meet current and future threats by providing a credible force that i...
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