RENTON, Wash. — Cash-strapped Boeing is facing mounting costs from an ongoing machinist strike as workers push for higher pay. A failure to get a deal done could be even more expensive. In the shadow of a factory outside Seattle where Boeing makes its best-selling planes, picketing Boeing machinists told CNBC they have saved up money and have taken or are considering taking side ...
During a recent event celebrating Foot Locker’s 50th anniversary in New York City, it was hard to imagine that the legacy sneaker chain was appearing on bankruptcy watch lists as recently as March. Grammy-nominated rapper Coi Leray was there to celebrate the company with a special performance of her hit song “Players” as influencers, journalists and handpicked members of the company’s revamped ...
The Federal Trade Commission said Friday that it is suing three drug middlemen, accusing them of inflating insulin prices. The FTC accused the ‘Big Three’ pharmacy benefit managers (PBMs) — UnitedHealth Group’s Optum Rx, CVS Health’s Caremark and Cigna’s Express Scripts — of ‘engaging in anticompetitive and unfair rebating practices that have artificially inflated the list price of insulin drugs, ...
The former top security head of the U.S. Central Command (CENTCOM) warned on Thursday that U.S. bases in the Middle East could become overwhelmed by Iranian missile fire. Retired Gen. Kenneth ‘Frank’ McKenzie, now a Hertog senior fellow with the Jewish Institute for National Security of America (JINSA), is sounding the alarm in a report this week that argued U.S. bases ...
Our divided nation is dividing families. Robert F. Kennedy Jr.’s family – even his wife – are appalled at his support of former President Trump, and Tim Walz’s brother, Jeff Walz, has declared that his brother’s progressive ideology is the reason he hasn’t talked to him in eight years. The emotional loss of family and friends damages our mental health; the divisiveness among colleagues can poison the workplace. This ...
White House national security spokesman John Kirby deemed the leader of Hamas, Yahya Sinwar, ‘the major obstacle’ to achieving a cease-fire deal in recent weeks. During an appearance on ‘Fox News Sunday,’ Kirby responded to The Wall Street Journal’s reporting that senior U.S. officials who hoped for months for a cease-fire and hostage release deal now do not expect Israel ...
Former Secretary of State Hillary Clinton celebrated her nearly 50-year marriage to former President Bill Clinton despite ‘dark periods’ throughout their relationship. ‘I’ve said this for many years, nobody really knows what happens in a marriage except the two people in it. And every marriage I’m aware of has ups and downs – not public, hopefully for everyone else – ...
Johnson unveils new plan to avoid shutdown amid tension in GOP, scraps Trump-backed election measure
Speaker Mike Johnson, R-La., is unveiling a new plan for avoiding a partial government shutdown on Sunday after a House GOP rebellion derailed a more conservative measure last week. House leaders are aiming for a vote this week on a short-term extension of the current year’s government funding levels, called a continuing resolution (CR), to give congressional negotiators more time ...
The U.S. government will be funded for another three months, thanks to a bipartisan funding agreement reached on Sunday that avoids a government shutdown. The agreement maintains funding until Dec. 20, with the House likely to vote on the bill as early as Wednesday. The development was announced in a press release by Senate Majority Leader Chuck Schumer, D-N.Y. ‘Over ...
Hezbollah fired more than 100 rockets into northern Israel on Sunday in response to a series of Israeli airstrikes on southern Lebanon, pushing both sides closer to the brink of full-scale war. The Israel Defense Forces (IDF) airstrikes targeting Iranian-backed Hezbollah terrorists in Lebanon killed dozens, including one of the group’s top commanders, Ibrahim Akil. Hezbollah’s deputy leader, Naim ...