WASHINGTON—Boeing said on Tuesday it is slowing deliveries of its 787 Dreamliner after the company discovered a new production flaw, but expressed optimism that it can still deliver 70-80 of the widebody jets this year as planned. The problem, which does not pose a flight safety concern, involves a fitting for the 787’s horizontal stabilizer…
New 787 Dreamliner Issue Could Slow Delivery of 90 Jets in Boeing’s Inventory
Recalled Pillows Linked to 10 Infant Deaths Still Being Sold on Facebook Marketplace, US Agency Says
WASHINGTON—Federal safety regulators are urging consumers to stop using baby pillows that have been linked to 10 infant deaths but are still being sold on Facebook Marketplace, despite being recalled two years ago. The U.S. Consumer Product Safety Commission (CPSC) said Tuesday that Boppy Newborn Loungers are no longer legally for sale but it has…
Republicans Warn of Blackouts Under Toughest-Ever ‘Green’ Power Plant Standards
June 6, 2023
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Republicans warned the toughest-ever standards for power plant emissions may imperil Americans’ power. “We’re starting down a path to severe grid reliability challenges throughout the country,” said Rep. Bill Johnson (R-Ohio) during the June 6 hearing. He highlighted a recent report from the nation’s largest electric grid operator, PJM Interconnection, warning of the potential for…
UnitedHealth Offers Over $3 Billion for Home Health Firm Amedisys
UnitedHealth Group on Monday made a surprise $3.26 billion all-cash offer to acquire Amedisys Inc., pitting itself against another healthcare company set to buy the home health and hospice care firm. Interest in the home health sector has jumped since the pandemic as patients and caregivers increasingly prefer accessing medical services from the safety of…
GM to Invest More Than $1 Billion in 2 Flint, Michigan, Plants
FLINT, Michigan—General Motors plans to invest more than $1 billion in two Flint, Michigan, manufacturing plants for the production of the next-generation internal combustion engine heavy-duty trucks. Gerald Johnson, executive vice president, Global Manufacturing and Sustainability, said Monday that the company will build internal combustion vehicles throughout this decade, in addition to making electric vehicles….
Crude Oil Prices to Rise in 2023, 2024 Amid Tighter Supplies: EIA
Crude oil prices will be higher in 2023 and 2024 as global supplies become tighter, the U.S. Energy Information Administration (EIA) predicted in its latest Short-Term Energy Outlook (STEO). The EIA forecasts that the average spot price for Brent, the international benchmark for global oil prices, will be $79.54 per barrel this year, up 1.1…
Tucker Carlson Launches New Twitter Show Weeks After Leaving Fox
June 6, 2023
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Former Fox News host Tucker Carlson released the first episode of his new show on Twitter on Tuesday night, delving into the mysterious destruction of a dam in Ukraine. “As of today, we have come to Twitter, which we hope will be the short wave radio under the blankets,” Carlson stated toward the end of…
Merck Sues Biden Administration Over ‘Sham’ Drug Price Negotiation Program
Merck & Co. filed a lawsuit against the U.S. government on June 6, saying that Medicare’s new program, established under the Inflation Reduction Act (IRA), is a “sham” that violates the First and Fifth Amendments of the U.S. Constitution. President Joe Biden signed the IRA into law in August of last year, allowing Medicare to…
[PREMIERING 7:30PM ET] David Stockman: Debt Default, the ‘Doomsday Budget Machine,’ and Failed Fiscal Restraint Explained
June 6, 2023
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“For capitalism to work, you have to have effectively functioning, solid capital markets. And in order to do that, you need savings—real savings, not money printed by a central bank, but real savings from businesses and households,” says David Stockman, who served as budget director for President Ronald Reagan. “Back then, the public debt was 30-40…
[PREMIERING NOW] David Stockman: Debt Default, the ‘Doomsday Budget Machine,’ and Failed Fiscal Restraint Explained
June 6, 2023
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American Thought LeadersbidenBusiness & MarketsBusinesses in COVID-19CCP VirusCompaniesDavid Stockmandebt ceilingdebt crisisDebt Limit BillDemocratsDonald Trumpeconomic policieseconomyEpochTVExecutive BranchFederal Reservehigh inflationHouse Majority Leader Kevin McCarthyinflationinterest ratesLive VideosMarketsMedia & Big Techpersonal financePolicies & ImpactsPoliticspublic debtRepublicansUSUS NewsVideo
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American Thought LeadersbidenBusiness & MarketsBusinesses in COVID-19CCP VirusCompaniesDavid Stockmandebt ceilingdebt crisisDebt Limit BillDemocratsDonald Trumpeconomic policiesEconomyEpochTVExecutive BranchFederal Reservehigh inflationHouse Majority Leader Kevin McCarthyinflationinterest ratesLive VideosMarketsMedia & Big Techpersonal financePolicies & ImpactsPoliticspublic debtRepublicansUSUS NewsVideo
“For capitalism to work, you have to have effectively functioning, solid capital markets. And in order to do that, you need savings—real savings, not money printed by a central bank, but real savings from businesses and households,” says David Stockman, who served as budget director for President Ronald Reagan. “Back then, the public debt was 30-40…
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