Boeing reported significant operating cash flow losses of $3.5 billion in its fourth quarter due to the effects of the IAM work stoppage, workforce reductions, and changes to its defense business. The company also expects a GAAP loss per share of $5.46 for the quarter, compared to an estimated loss of $1.32 on Bloomberg. Boeing … Read more
In a surprise vote, Costco shareholders approved the company’s current diversity, equity, and inclusion (DEI) initiatives despite opposition from NCPPR, which proposed auditing Costco’s risk of maintaining these policies. The Trump administration has significantly rolled back DEI efforts across federal agencies and private companies, with major retailers like Amazon, Walmart, and Target halting their programs. … Read more
** Costco Wholesale shareholders have overwhelmingly rejected a proposal urging the company to reassess its diversity, equity, and inclusion (DEI) initiatives. This decision came after President Trump’s executive order aimed at dismantling DEI nationwide. The proposal, submitted by a conservative think tank, argued that maintaining Costco’s DEI efforts poses significant legal risks due to a … Read more
** The Centers for Medicare and Medicaid Services (CMS) has filed an appeal over a decision by UnitedHealthcare to lower its Medicare Advantage star ratings due to a secret shopper phone call. In November 2024, CMS ruled the use of this call in determining UnitedHealthcare’s score, which led to a 5-star rating being reduced to … Read more
The U.S. securities regulator has opened the door for major Wall Street banks to include cryptocurrency in their investment portfolios, marking a significant step toward greater diversification within the financial industry. This decision could help institutions manage risk and potentially reduce tax burdens by allowing crypto assets to be treated as traditional investments. For those … Read more
Firefly Aerospace’s Blue Ghost moon lander launched on a SpaceX Falcon 9 rocket in January, aiming to study Earth from space. The lander will circle Earth for two weeks before heading to the moon via an engine burn that raises its orbit. On Jan. 24, it took photos of Earth as it prepared for its … Read more
The Bears Banter Podcast has dropped an exciting interview featuring Rick Smith, agent of Ben Johnson, who shared his decision-making process. The discussion delves into how Johnson chose the Chicago Bears over the Raiders, the GM alignment issues raised, and Kevin Warren’s role in the hiring process. Don’t miss this must-watch podcast on YouTube or … Read more
Mel Gibson’s *Flight Risk* is a small-plane thriller with a mix of promise and pitfalls. Based on a true story involving a U.S. Marshal escorting a mob witness, the film pairs director Gibson, known for works like *Braveheart* and *Apocalypto*, but his recent output has been uneven. At 25% on Rotten Tomatoes, the film struggles … Read more
The Global Fight League (GFL) is gearing up for its highly anticipated MMA debut on April 19th. The promotion has announced that six teams will compete, each with a roster of top fighters selected during a three-hour draft earlier this month. Fighters like Tyron Woodley and Gegard Mousasi were among the first picks, setting the … Read more
Astronomers have uncovered fast-repeating radio bursts (FRBs) from a distant “dead” galaxy that shouldn’t produce such signals. The bursts, which last milliseconds, were linked to young magnetized neutron stars when they form but are puzzling because the galaxy in question lacks this activity. Researchers used advanced telescopes, including CHIME and Gemini, to pinpoint the source … Read more