Category: news
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Southwest Airlines tells staff ‘difficult decisions’ are ahead in push to boost profits
Southwest Airlines has warned employees that it will have to make “difficult decisions” ahead to boost profits as the carrier faces pressure from activist Elliott Investment Management, which has sought leadership changes at the company. Southwest over the summer announced a host of major changes to its more than 50-year-old business model to drum up revenue. It plans to…
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Vance preps for VP debate with help from his wife, advisers and a Minnesota stand-in for Walz
Rep. Tom Emmer, R-Minn., will play Minnesota Gov. Tim Walz in Sen. JD Vance’s final vice presidential debate rehearsals, a source directly involved with the preparations told NBC News. Those final sessions will cap more than a month of work to ready Vance, an Ohio Republican, for next week’s face-off with Walz in New York.…
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‘I can last as long as it takes’
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…
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Minneapolis Fed President Kashkari sees a slower pace of rate cuts ahead
Minneapolis Federal Reserve President Neel Kashkari said Monday that he expects policymakers to dial down the pace of interest rate cuts after last week’s half percentage point reduction. “I think after 50 basis points, we’re still in a net tight position,” Kashkari said in a CNBC “Squawk Box” interview. “So I was comfortable taking a…
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In ‘Brilliant Minds,’ Zachary Quinto gets to play the hero
Zachary Quinto has always relished the opportunity to play villains, having starred as a brain-eating serial killer in “Heroes,” a deranged doctor in “American Horror Story: Asylum” and a child kidnapper in “NOS4A2.” But in the new NBC medical drama “Brilliant Minds,” which premieres Monday, the Emmy-nominated actor, who broke out as Spock in “Star…
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Book censorship slows but remains stubbornly high in 2024, American Library Association says
Two reports released Monday provide a mixed but compelling outlook on the wave of book removals and challenges as the annual Banned Books Week begins for schools, stores and libraries nationwide. The American Library Association found a substantial drop in 2024 so far in complaints about books stocked in public, school and academic libraries, and…
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Trump Media plummets 10% as post-lockup selloff picks up steam
Shares of Trump Media sank Monday to their lowest price since 2021, days after majority owner Donald Trump and other company insiders got the green light to start selling their stakes in the Truth Social operator. The stock, which appears as DJT on the Nasdaq, closed more than 10% lower in a frenzied trading session, settling at $12.15 per share and notching the company’s sixth straight…
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Adoption fraud was widespread for many South Koreans adopted into Western countries, AP finds
SEOUL, South Korea — As the plane descended into Seoul, Robert Calabretta swaddled himself in a blanket, his knees tucked into his chest like a baby in the womb. A single tear ran down his cheek. The 34-year-old felt like a newborn — he was about to meet his parents for the first time since…
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Key Nebraska Republican opposes changing how the state awards electoral votes, blocking Trump push
A Nebraska Republican state lawmaker said Monday that he remains opposed to switching how the state allocates its electoral votes, effectively blocking a bid by President Donald Trump and his allies to change the system in search of an extra electoral vote this fall. Trump allies have pushed for a special legislative session intended for…
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Banned political ads found on TikTok weeks ahead of 2024 election
TikTok has banned all political advertising on the app since 2019, but that hasn’t stopped advertisers from running what appear to be paid political messages on the platform. NBC News found 52 videos on the platform tagged with either a “Paid Partnership” label, #ad or #sponsored that have received up to hundreds of thousands views…