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Fed Sees Faster Time Frame for Rate Hikes as Inflation Rises

AP News Radio

00:43 sec | 14 hrs ago

Fed Sees Faster Time Frame for Rate Hikes as Inflation Rises

"The federal reserve is sending a new signal on interest rates fed policymakers are forecasting they'll raise the central bank's benchmark short term rate twice by late twenty twenty three that's sooner than previous forecasts which signaled no hike likely before twenty twenty four the fed's low interest rate policies have helped fuel a swift rebound from the recession brought on by the corona virus pandemic they've also coincided with rising inflation the central bank boosted its forecast for inflation to three point four percent by the end of this year in a statement following its latest policy meeting the fed also says it expects the corona virus pandemic will have a diminishing affect on the economy as vaccinations increase and Thomas Washington

FED Central Bank Thomas Washington
Southwest Airlines Flights Thrown Into Disarray by Technical Problems

WTOP 24 Hour News

00:40 sec | 1 d ago

Southwest Airlines Flights Thrown Into Disarray by Technical Problems

"Airlines, an airline spokesman says planes are back in the air. After a roughly one hour ground stop. This afternoon, the FAA grounded flights because of problems with the airlines computer system. Southwest cancel at least 500 flights with another 1500 flights They've all told Half the flights were affected Be Wi Marshall was most impacted in our area, according to flight, aware almost 160 flights delayed and over 50 cancel compared with a handful at Reagan National and Dulles, the airline also at a similar tech glitch last night, but a spokesperson says it does not appear the airline was hacked. The Southern Baptist

Southwest Cancel Wi Marshall FAA Airlines Reagan National Dulles Southern Baptist
The Biden Administration Has Canceled $500 Million in Debt for Scammed Students

The Ross Kaminsky Show

00:21 sec | 17 hrs ago

The Biden Administration Has Canceled $500 Million in Debt for Scammed Students

"Thousands of students who took classes at a college chain that went out of business in 2016 are now having their student debt erased. Biden administration has approved loan forgiveness claims for about 18,000 former students at I T T Technical Institute that clears more than a half billion dollars in debt. The school shut down after making exaggerated claims about former students finding

Biden Administration
Jared Kushner Lands Book Deal With HarperCollins Imprint Broadside

Mark Levin

00:35 sec | 1 d ago

Jared Kushner Lands Book Deal With HarperCollins Imprint Broadside

"Administration will roll off the presses next year. Jared Kushner, the son in law of former President Donald Trump, and one of his top advisers, has a new book deal. Broadside Books, a conservative imprint of HarperCollins publishers, says the book will come out in early 2022. Kushner has been working on the memoir, currently Untitled and is expected to write about everything from the Middle East to criminal justice reform to the administration's handling of the pandemic. Financial terms have not been disclosed. Jason Walker

Jared Kushner Donald Trump Kushner Middle East Jason Walker
US Home Construction up a Moderate 3.6% in May

AP News Radio

00:39 sec | 17 hrs ago

US Home Construction up a Moderate 3.6% in May

"Could the housing industry B. N. for a slowdown home construction increased a modest three point six percent in may as builders had to contend with soaring lumber prices that have made homes more expensive construction fell by twenty two percent in the northeast but was up in every other region of the country the commerce department says applications for building permits which are considered indications of activity ahead drop by three percent in may housing it's been a standout sector since the pandemic hit but many economists think the surge in homebuilding and sales may begin to slow my camp in Washington

Commerce Department Washington
Kamala Harris Announces $1.25 Billion for Community Lenders

The Afternoon News with Kitty O'Neal

00:28 sec | 1 d ago

Kamala Harris Announces $1.25 Billion for Community Lenders

"From Covid. 19. But many small businesses are still struggling. The White House says. Help is on the way Additional banks have not always seen are understood the vision of women's small business owners. Small business owners of color Small business owners who serve low income community Vice President Harris announcing one and a quarter billion dollars in funding to community lenders. The money is from the 2020 stimulus. Former President Trump signed into law almost

Vice President Harris White House Former President Trump
US Seeks to Fine Air Canada $25.5 Million Over Slow Ticket Refunds

Fresh Air

00:26 sec | 1 d ago

US Seeks to Fine Air Canada $25.5 Million Over Slow Ticket Refunds

"Refunds to customers whose flights were cancelled by the coronavirus pandemic. US. Government says it's looking to fine Air Canada more than $25 million The Transportation Department announcing dates received more than 6000 consumer complaints about the airlines since March of last year. Department says consumers were supposed to get refunds within 20 days, but in some cases have been waiting 5 to 3 or 13 months to get their money from the airline.

Transportation Department Air Canada United States
Biogen's New Alzheimer's Drug Is a Medicare Budget Buster

The KFBK Morning News

01:55 min | 17 hrs ago

Biogen's New Alzheimer's Drug Is a Medicare Budget Buster

"New drug for Alzheimer's comes with rather controversial approval, and now we're learning a huge price tag. The drug is called Adele Adele home, I should say adult film. It was approved by the FDA last week. It's $56,000 per year for a supply. Medicare copays could reach $11,000. The Alzheimer's Association's sharply criticized the manufacturer, Biogen for that price tag. You're about to hear from Paul Seagirt. He is with PCs advisers there in Northern California firm. They help businesses manage health care costs, And he says, This is a perfect example of what is wrong with how we approve and distribute drugs. We've got great health care how we pay for? It's crazy. This is a perfect example. You've got a $56,000 drug that the FDA is just approved. Three of the scientists who were on the review panel That made a recommendation to the FDA have resigned because of the 11 in November, 10 said. No, I'm recommending to approve it and one said, I don't know. And yet they still approved a drug that Has, you know, really hasn't shown itself to be effective. They're going to build $56,000. A year for each person that's on this drug. It's incredible. The FDA advisory board gave the thumbs down to this drug. Yet it got approved by the agency. The question is why It's a great question, and unfortunately, I There's a lot of financial drivers that drive our whole system. I'm a free market person. I'm not against that. But we've a lot. We're approving this thing and then saying we're going to allow them to do a nine year confirmatory trial. Which in those nine years if they do end up confirming that it is not Very effective or not that effective or not at all, effective. We're gonna have spent hundreds of billions of dollars at that time frame. We're

Adele Adele FDA Alzheimer's Association Paul Seagirt Biogen Alzheimer Northern California
U.S. Supreme Court Revives LinkedIn Bid to Shield Personal Data

Techmeme Ride Home

02:07 min | 1 d ago

U.S. Supreme Court Revives LinkedIn Bid to Shield Personal Data

"The. Us supreme court has thrown out a lower court ruling that had allowed a third party scraping of linked in users public profiles. The dispute will now go back to the federal appeals court from which it came quoting reuters. The us supreme court on monday gave microsoft's linked in another chance to try to stop rival high q. Labs from harvesting personal data from the professional networking platforms public. Profiles a practice. That lincoln contends threatens the privacy of its users the justices threw out a lower court ruling that had barred linked in from denying high q. Access to the information that linked in members had made publicly available at issue is whether companies can use a federal anti hacking law called the computer fraud and abuse act which prohibits accessing a computer without authorization to block competitors from harvesting or scraping vast amounts of customer data from public facing parts of a website. The justices sent the dispute back to the san francisco based ninth. Us circuit court of appeals to reconsider in light of their june fourth ruling that limited the type of conduct that can be criminally prosecuted under the same law. In that case the justices found that a person can not be guilty of violating that law if they misuse information on a computer that they have permission to access for its part. Hike uses the data for products at analyze employee skills or alert employers when they could be looking for a new job. It said lincoln the threat around the same time. Lincoln announced a similar service to hike. Cues it sued in federal court accusing lincoln of anticompetitive conduct and a federal judge in two thousand seventeen granted its request for a preliminary injunction against linked in explaining its stance. Haiku has said. Public data must remain public and innovation on the internet should not be stifled by anti-competitive hoarding of public data. By a small group of powerful companies the ninth circuit in two thousand nineteen blocked linked in from cutting off haiku while the litigation continued ruling that the law at issue likely does not apply in situations in which no authorisation is needed to access the data that users have made publicly available and

Federal Appeals Court Us Supreme Court Lincoln Reuters Microsoft San Francisco
Retail Sales Drop as Spending Habits Shift

Here & Now

00:46 sec | 1 d ago

Retail Sales Drop as Spending Habits Shift

"Spending fell last month, with the Commerce Department reporting retail sales were down 1.3%. NPR's David Gura has more Retail sales for May were lower than many economists expected. Though the number for April was revised up, a shift is underway. People in the United States are buying fewer things and spending more on services, including travel and hotels, as more people get vaccinated and the economy opens up. Other factors at play reflected in today's report. Supply chain disruptions have continued to make it difficult to get furniture and electronics. There's more demand for cars than there is supply. By now, Many people have spent their stimulus checks or they've used them to pay down debt or put them in savings. David Gura, NPR NEWS New

David Gura Commerce Department Npr News United States
Record Rise in US Wholesale Prices Over the Past Year

AP News Radio

00:48 sec | 1 d ago

Record Rise in US Wholesale Prices Over the Past Year

"A record increase in wholesale prices over the past twelve months as the economy emerges from pandemic lockdowns and pushes inflation higher the labor department says wholesale prices have jumped six point six percent in the past year that's the largest twelve month increase our records going back to twenty ten in may wholesale prices driven by rising food costs increased eight tenths of one percent core inflation is up five point three percent over the past year that's the largest increase on records going back to twenty fourteen analysts say the big jump in wholesale prices following the five percent gain in consumer prices that was announced last week underscores the current upward movement in inflation my camp in Washington

Labor Department Washington
S&P 500, Nasdaq Finish at Record Highs to Kick off Week

BBC World Service

00:37 sec | 2 d ago

S&P 500, Nasdaq Finish at Record Highs to Kick off Week

"Records on Monday ahead of a two day meeting of the Federal Reserve. NPR's David Gura has more. The NASDAQ closed up nearly three quarters of a percentage point, setting a record high and the S and P posted a modest gain. But that was still enough to set its third record in a row. Tech stocks did particularly well. Wall Street is starting to feel better about the economy. The jobs market is improving. There's also growing confidence. Inflation could prove temporary, which is what the Federal Reserve has been saying all along. The central bank kicks off a meeting Tuesday, and Fed Chairman Jerome Powell will take questions from reporters on Wednesday. David Gura

David Gura Federal Reserve NPR Jerome Powell
Energy Milestone: Florida Utility Topples Last Coal Chimney

AP News Radio

00:41 sec | 14 hrs ago

Energy Milestone: Florida Utility Topples Last Coal Chimney

"A demolition in Florida highlights how one utility is taking call off the menu spectators cheered as Florida power and light the largest electric utility in Florida imploded the towering chimney of the Indiantown cogeneration plant Martin County the company's last coal plant in Florida the four hundred ninety five foot stack raised a cloud of dust as it fell on its side in one piece a spokesman bill or law says the demolition is a sign of things to come it is a milestone it is another marker that we're saying we've now ended cold here in the state of Florida the company says it'll tear down the rest of the plant later this year and put in a solar energy facility I'm Jennifer king

Florida Indiantown Martin County Jennifer King
TSA Plagued by Staff Shortages, Security Delays Expected

WTOP 24 Hour News

00:37 sec | 1 d ago

TSA Plagued by Staff Shortages, Security Delays Expected

"The T S a is desperate for workers to and it's getting tough to meet the growing demands that many of the nation's airports the T S. A is projecting staff shortages at more than 100 of the nation's airports. Some have dozens of positions unfilled as more and more people crowd in for summer travel with the pandemic easing. The Washington Post reports. The T S a administrator is asking office employees to volunteer at airports for more than a month. They could do non screening duties. At Charlotte's airport, For example, some airlines are recommending people get to the airport 2 to 3 hours before their scheduled flight because of security delays.

The Washington Post Charlotte
Lina Khan, Prominent Big Tech Critic, Will Lead the FTC

Marketplace

00:54 sec | 1 d ago

Lina Khan, Prominent Big Tech Critic, Will Lead the FTC

"Federal Trade Commission. As NPR's Bobby Allyn tells us, Khan becomes the agency's top enforcer after getting bipartisan support for her nomination from Congress. Lina Khan is a 32 year old Columbia law school professor who rose to prominence after writing on how decades old antitrust laws are capable of policing tech companies like Amazon. Her approached, adored by progressives, and some on the right has been dubbed hipster antitrust since it Bucks tradition. Most legal cases focus on whether a company's practices are raising prices for consumers but can argue that it doesn't matter if companies like Amazon are in fact making prices cheaper, She says the company uses press The Tory tactics to lock in its dominance and limit choice. Con is expected to be a guiding force on the FTC as it reviews acquisitions by companies like Google, Facebook and Amazon. That's Bobby Allyn reporting. This is NPR.

Bobby Allyn Lina Khan FTC Columbia Law School NPR Khan Amazon Congress Bucks Google Facebook
Apple Struggles in Push to Make Health Its Greatest Legacy

Daily Tech Headlines

00:33 sec | 17 hrs ago

Apple Struggles in Push to Make Health Its Greatest Legacy

"The wall street journal sources say apple launched a primary care medical project in two thousand sixteen named casper aimed at offering primary healthcare at its own clinics staffed by apple employed doctors. The company plan to combine this with continuous health monitoring three personalized health service using the apple. Watch testing the service at employee. Health clinics and planning to franchise the model to health systems. If did it showed. It could improve health care and lower costs. Company is still reportedly working on the project. Though some of the assertions in the report used incomplete outdated and inaccurate

Apple The Wall Street Journal Casper
US Lawmakers Drop Antitrust Hammer on Apple, Amazon, Google and Facebook

The 3:59

00:57 sec | 2 d ago

US Lawmakers Drop Antitrust Hammer on Apple, Amazon, Google and Facebook

"A group of us house. Representatives introduced five bills targeting. The likes of amazon apple Google what are these bills. Actually do or spell out right well collectively they really do represent some of the most substantial if passed would be the most substantial change to the basic principles of a straw of antitrust law in the us In generations you know most of the main legislation that we have dictating things like monopolies what defines a monopoly force to prevent monopolies from forming their over century old and so collectively. They represent a bipartisan. You know as you said. Nobody seems to agree on anything in washington at this stage of our history but republican democrat The out agree that from their perspective. Big tech is too big

Amazon Apple Google United States Washington
Here’s Why Amazon Keeps Moving Its Annual Prime Day

Behind the Numbers: eMarketer Podcast

01:05 min | 1 d ago

Here’s Why Amazon Keeps Moving Its Annual Prime Day

"The reasoning behind. Why amazon keeps moving prime day around. Where does that actually do for them. Yeah i think it's super interesting. I mean what other company or retailer has moved this national holiday around then everyone follows suit but the reality is amazon uses prime day like upon they move it around based on what they need to their goals in their needs so last year they moved ikee said to october and it was really to pulled in forward so that it was you know we we're experiencing supply chain issues. They wanted to make sure that that concentrated five days. Where there's this high deal holiday. They didn't have this like backup and their warehouses. So you know. They used this prime day to pull for demand october this year. My feeling is and i have no insider knowledge. But you know they're coming to q. Two last year when the pandemic started that was when everything shut down everything drove ecommerce. And so you know really think. That amazon is polling hugh to i mean. It's not by coincidence that it's almost the last week in june berry end of q. Where they're gonna pull all those sales in to that quarter.

Amazon Hugh
GM, Wabtec to Develop Hydrogen Powered Locomotives

Orlando's News at Noon

00:26 sec | 16 hrs ago

GM, Wabtec to Develop Hydrogen Powered Locomotives

"General Motors and Web Tech Corporation teaming up to develop and commercialize the automakers, lithium battery technology and hydrogen fuel cell systems. Two freight trains, GM President Mark Reuss, So says in a statement. The rail networks are critical to the automakers ability to serve its customers, and the plan will help their vision of a world with zero emissions. Web Tech already has a prototype locomotive powered by batteries. Have not disclosed the financial

Web Tech Corporation Mark Reuss General Motors GM
European Union Considering Adding the U.S. to its Safe Travel List

The Gee and Ursula Show

00:32 sec | 15 hrs ago

European Union Considering Adding the U.S. to its Safe Travel List

"Still cannot travel to most of Europe, but that could soon change, says correspondent CAMI McCormick. The European Union is recommending that country start lifting restrictions on tourists from the US It's already considering removing the U. S from the list of countries where non essential travel is advised against the EU is also adopted a digital vaccination. Certification program. The U. S has not so that could still complicated he traveled this summer. Still, some European countries have already started allowing American visitors

Cami Mccormick EU Europe U. United States
U.S. And EU Reach Deal to End Airbus-Boeing Trade Dispute

WTOP 24 Hour News

00:28 sec | 1 d ago

U.S. And EU Reach Deal to End Airbus-Boeing Trade Dispute

"Meantime, a resolution today to a long standing irritant between the US and EU, The United States and the European Union have reached a deal to end a dispute over government subsidies to rival planemaker's Boeing and Airbus. The deal faces out billions of dollars in punitive tariffs as well over five years, the U. S trade representative says. Setting aside this issue allows the allies now allies now to jointly focused on their common

EU Planemaker United States Airbus Boeing U.
U.S. Fight Against Chinese 5G Efforts Goes Global

WSJ Tech News Briefing

01:44 min | 2 d ago

U.S. Fight Against Chinese 5G Efforts Goes Global

"As next generation five g networks or rolled out the. Us government has been ramping up restrictions on chinese made telecom equipment from companies like alway z. T. and it's been working to convince other countries to follow suit and now washington is rolling out various incentives to try and get more governments on board for more on this. I'm joined by reporter stu wu. He's been following things. Hey do things for being here. Thanks for having me. So let's just bring listeners up to speed here why the. Us been so focused on getting countries to cut chinese telecom gear out of their systems and what if their tactics look like so far so a few years ago. A chinese company that a lot of people haven't heard of called hallway became the biggest maker of the cellular equipment in the world. That's a staff you need to make your cell phones work. Connect to the internet to make calls and they were worried that this company was behold into the chinese government. If the chinese government asked him to spy or conduct a cyber attack the us government and said why would have no choice but these are now always says are independent of beijing. The us government didn't believe that so about three years ago what washington started to do was they went to allies like the u k like germany like india. And they said. Don't use away if you do so your cellular networks are going to be prone to spying by the chinese government or other bad actors. There's going to be risk for your national security. There's risks for your military forces. The issue was the. Us can do anything except say. Don't do this. this is bad for your cybersecurity and the only forgotten. Use the stick and care analogy the only thing they had were sticks and they said. Hey germany hey. Uk if you allow hallway into your country. We're not going to share military intelligence with you and that was the only tool they really

Us Government Stu Wu Chinese Government Washington Beijing Germany United States India UK
The Path Forward for Tesla

Tesla Daily: Tesla News & Analysis

01:35 min | 1 d ago

The Path Forward for Tesla

"It will start off here with the morgan stanley note. They have maintained their price targets. Nine hundred dollars per share maintain their overweight reading and adam jonas's giving us an update here on his five thoughts on the path forward for tesla. I think there's an interesting insight year related to their conversations with institutional investors which is something. I'm always keeping an eye on for from analyst updates because we just don't really get much of that insight oftentimes and i think it's pretty helpful for understanding sentiment and how it is perceived right now how it's evolving over time so jonas kicks off the note by saying quote. Let's begin with a healthy dose of intellectual honesty on the starting point for the stock and our opinion even bullshit should admit that the reason the stock price during the second half twenty twenty while perhaps deserved principle was packed into a highly concentrated timeframe combined that with the institutional inertial forces accompanying the s. and p. five hundred inclusion and the recipe was in hindsight classic. Blow off the top. The stock had the better part of five years worth of performance packed into about five months nearly halfway through the year shares of significantly underperformed about the broader market as well as broader technology and automotive peers and quote so out. Pretty much agree with that. I think there's not much in there that you could really disagree with. Obviously we saw huge run and tesla stock. That can't persist forever. Unfortunately there's always going to be periods of time where the stock is really doing much. I talked about this. I don't know a couple of weeks back. Giving the example of some shares. I bought in twenty thirteen. It being worth less in two thousand nineteen six years later now. Of course today there were significantly more and in hindsight there should have been worth more than twenty nineteen than they were. But that's just how the markets work sometimes. That's why i'm a long term investor. That's the old adage of time in the market is more important. Been timing the market.

Adam Jonas Tesla Morgan Stanley Jonas
People Return to Restaurants, Stores and Hotels---but Not the Office

Mark and Melynda

00:48 sec | 1 d ago

People Return to Restaurants, Stores and Hotels---but Not the Office

Workers Push Back Against Hospitals Requiring COVID-19 Vaccines

Morning News with Manda Factor and Gregg Hersholt

01:15 min | 1 d ago

Workers Push Back Against Hospitals Requiring COVID-19 Vaccines

"More Americans head back to the office. There's a growing debate over employers demanding that their workers be vaccinated Reporter Atra El Nashar takes a closer look at the issue issues of public health and personal choice playing out in the workplace. It's really only the beginning. Jennifer Bridges, a nurse at Houston Methodist, reacting to a judge's dismissal of a lawsuit representing her in 116 of her coworkers who object to the hospitals requirement they be vaccinated for Covid 19. U. S District Judge Lynn Hughes writes, the hospital is trying to do their business of saving lives without giving them the Covid 19 virus, and Bridges can choose to not take the vaccine. But if she does, she will simply need to work somewhere else, and we are going to be appealing this and taking this up. But Eric Feldman, a professor of medical ethics and health policy at University of Pennsylvania, says bridges argument and others like it. Are likely to keep failing in court. People absolutely have the right to say no. And the employers, in most cases absolutely have the right to say that this probably isn't the right workplace for you. I think this is going to become a state law issue. Employment attorney, Stephanie wrapped, Ali says some employers are avoiding the issue by continuing remote work. It may alleviate company concerns about requiring a

Atra El Nashar Jennifer Bridges Houston Methodist Judge Lynn Hughes Eric Feldman University Of Pennsylvania Stephanie ALI
Lebanon Currency Drops to New Low as Financial Meltdown Deepens

UN News

01:15 min | 2 d ago

Lebanon Currency Drops to New Low as Financial Meltdown Deepens

"Some three hundred million dollars is needed to cover the critical needs of one and a half million lebanese people. And four hundred thousand migrant workers for the next eight months. A top and aid officials said on monday launching the appeal amid galloping hyper inflation and the growing impoverishment of the country's workers deputy special coordinator at resident and humanitarian coordinator for lebanon netter rushdie told journalists that thousands of lebanese falling into poverty. The country is in the middle of a phase of hyper inflation eroding. The value of the national currency be breaks purchasing power and what remains of their trust in their leaders and institutions over the last two years the price of food and beverages has increased my six hundred and seventy percent missed washed. Said shops have also shot no longer. Wanting to exchange their stocks were devalued currency and unemployment is increasing exponentially the un aid officials cited the disastrous impact of the beirut port explosions in august last year as a key reason for the deterioration other contributing factors were the impact of the ongoing syrian crisis and lebanon's political deadlock that have fueled protests and blocked any possibility of meaningful reform and recovery. She said

Netter Rushdie Lebanon Beirut Port UN
Australia Has Reached a Free Trade Deal With Britain

BBC World Service

00:52 sec | 2 d ago

Australia Has Reached a Free Trade Deal With Britain

"Downing Street officials have told the BBC that Britain and Australia have agreed the broad terms of trade agreement during a meeting in London between their two prime ministers. Full details are expected later on Tuesday, Nicholas walked reports. Since Brexit. All the UK's trade deals have been based largely on the use existing arrangements with other countries. But now the government has negotiated its first trade deal from scratch. It is likely to see the reduction or removal of tariffs on a range of UK exports to Australia. In return, Australia has secured tariff free access for its lamb and beef exports to Britain. The sticking point on that was the phasing in of the new arrangements amid fears that U K Hill farmers could struggle to compete with large scale Australian

Australia Britain BBC Nicholas UK London Government
Amazon's Luna Controller on Sale for $49, an All-Time Low

Geek News Central

01:01 min | 2 d ago

Amazon's Luna Controller on Sale for $49, an All-Time Low

"Amazon is going to open up luna cloud gaming prime members between june twenty first and the twenty second so The lunatic game services offering no invite access on prime day during that time prime subscribers in most of the us able to start a seven day luna trial and get now get discounts on the controller and fire tv bundle to access luna currently. You must request imitation or owners supported. Fire tv device if available on windows and mac. Pc's fire tv iphone and ipad the web and unsupported android device. It costs it. Costs five ninety nine a month and includes resident evil. Seven control tacoma res- infant and metro exits. Amazon is discounting the dedicated linda controller by thirty percent reducing it to forty nine dollars from lists of seventy on top of that its offering fire tv stick four k and loonie controlled fire tv gaming bundle for seventy four dollars suggest a heads up of that were

Amazon Tacoma United States Linda
Americans Admit Orchestrating Ex-Nissan Chief's Escape From Japan

WBZ Afternoon News

00:35 sec | 2 d ago

Americans Admit Orchestrating Ex-Nissan Chief's Escape From Japan

"Boston's NewsRadio in Tokyo today, the trial began for two Massachusetts men accused of helping a former Nissan boss get out of the country. U. S Special Forces veteran Michael Taylor and his 28 year old son, Peter, admitted they helped former Nissan chief Carlos Gone, escaped the country as he awaited trial. In 2019 prosecutors that their court proceeding alleged they smuggled gone onto a jet to Lebanon, hiding him in a box labeled musical equipment. If convicted on the charges they face up to three years in prison. Gohn has denied any wrongdoing. He's accused of

Nissan Carlos Gone Michael Taylor Tokyo Boston Massachusetts Peter Lebanon Gohn
Apple Plans Faster Watch, Future Temperature and Glucose Sensors

Techmeme Ride Home

01:59 min | 2 d ago

Apple Plans Faster Watch, Future Temperature and Glucose Sensors

"A mark gurman and debbie. Woo apple scoop monday. Their sources say apple is planning to launch a faster. Watch with improve connectivity and screen later this year which okay. That's probably to be expected. There always improving things like connectivity and screens but also what if we got new model types say an entry level and extreme sports model beginning next year quoting bloomberg the cupertino california-based tech giant is planning to refresh the line this year with a model likely dubbed the apple. Watch series seven. By adding a faster processor improved wireless connectivity an updated screen. According to people with knowledge of the plans next year the company plans to update the main apple watch alongside a successor for the lower end apple watch s e and a new version targeting extreme sports athletes apple had previously aim to put a body temperature sensor in this year's model. But that is now more likely to be included in the update. The blood sugar sensor which would help diabetics monitor their glucose levels is unlikely to be ready for commercial launch for several more years for this year's model apple has tested thinner display borders and a new lamb technique that brings the display closer to the front cover. The new watch is likely to be slightly thicker overall but not in a way. That's noticeable to the user. The model will include updated ultra wideband functionality. The same underlying technology in the apple airtags item finder at its developer conference in early. June apple previewed the upcoming watch. Os eight software update. That will the device unlock door and hotel rooms. The extreme sports model described by some inside apple as either explorer or adventure addition was in development for release as early as this year but is now more likely to launch in two thousand twenty two that new model would help apple compete with rugged offerings from players like garmin and casio computer and quote.

Apple Mark Gurman Debbie Bloomberg California Garmin Casio
8 Royal Caribbean Crew Members Test Positive for COVID-19

South Florida's First News with Jimmy Cefalo

00:29 sec | 20 hrs ago

8 Royal Caribbean Crew Members Test Positive for COVID-19

"Another 700 Royal Caribbean cruise lines, delaying the launch of its newest ship after several crew members tested positive for coronavirus. The debut of the Odyssey of the Seas will have to wait after eight crew members tested positive for Covid 19, all 1400 crew members got there. Shots June 4th but aren't considered fully vaccinated until June. 18th six of the infected had no symptoms to had mild symptoms. The company will cancel four sailings of the Odyssey. Postponing the ships launched from Fort

Royal Caribbean Fort
Biden Says He Needs More Time Regarding Steel and Aluminum Tariffs

Morning Edition

00:48 sec | 2 d ago

Biden Says He Needs More Time Regarding Steel and Aluminum Tariffs

"Group of Seven summit to rebuild relations with allies as an extraordinary success. But as NPR's record owners reports, the president declined to explain. He told reporters that everyone at that table understood quote the seriousness and challenges that we're up against. And that democracies need to step up and deliver for the rest of the world by the next goes to NATO in Brussels, where he will give full throated US support for the alliance. But he is also expected to hear concerns from European leaders about why he has not lifted trump era tariffs on steel and aluminum. He told reporters, who asked about those concerns that he needed more time. Franco Ordonez

NPR Nato Brussels United States Franco Ordonez
Republican Governors in 25 States End Jobless Aid Early

NPR's Business Story of the Day

02:01 min | 2 d ago

Republican Governors in 25 States End Jobless Aid Early

"More than three hundred thousand people lost their pandemic unemployment benefits this weekend. Many more will see their benefits cut in the coming weeks. Republican governors in twenty five states have decided to in jobless aid ahead schedule in an effort to push people back to work for unemployed workers in eight states. This is the last week they'll receive an extra three hundred dollars in federal aid. Npr's scott horsely joins us now to talk about it. Hi scott good morning sarah. So congress had authorized these extra three hundred dollars a week payments until early september. Why are some states cutting them off earlier than that. Some employers have complained that the enhanced benefits that congress put in place during the pandemic are making it harder for them to attract workers. They're effectively having to compete with those benefits And in some cases that means having to pay more than there used to or than they'd like to three hundred dollars a week in supplemental benefits amounts to about seven fifty an hour for a full-time worker and that argument from employers has resonated with a lot of republican governors especially after a disappointing april when the country added. Just two hundred. Seventy eight thousand jobs barely. A quarter of what was expected Job gains in may were significantly stronger but still not as strong as a lot of people were expecting so by taking away. This federal safety net program republican governors think. They might encourage more people to take jobs that otherwise they wouldn't especially in lower paying industries like restaurants. And what can we say about how that is likely to work out. What does this mean for the affected workers. Well obviously for many people. It's going to be a hardship. The extra jobless aid has been a critical lifeline for millions of people helping to pay the rent and keep food on the table for some of the loss of eight might actually pushed him into the job market. Keep in mind though. There are other factors at play. A vaccination levels have been rising a lot of people still are not protected against the corona virus. So they might be wary of going back to work especially job with lots of face to face contact a lot of parents out there also caring for children who may not have the usual access to in person schooling right now or other kinds of

Scott Horsely Congress NPR Sarah Scott
Philips Recalls Ventilators and Sleep Apnea CPAP Machines

Papa and Lund

00:38 sec | 2 d ago

Philips Recalls Ventilators and Sleep Apnea CPAP Machines

"The devices contain a phone part that might degrade and become toxic. Emitting small particles that irritate airways. Ventilators in the age of Covid, of course, carry significant importance. But 80% of the re Kabul focus on CPAP machines used to help people with sleep apnea. Two thirds of the CPAP machine sales are in the U. S. In between three and four million of the devices will be recalled. Phillips says up to now they have no reports of deaths related to the issue. This has been to protect your assets with David Hollander. Business and Technology

Kabul Sleep Apnea U. Phillips David Hollander
Lordstown Motors Leaders Resign as E-Truck Maker Sputters

Guy Gordon

00:41 sec | 2 d ago

Lordstown Motors Leaders Resign as E-Truck Maker Sputters

"Vehicle maker Lordstown Motors. Foxes Jenny Casa Sola has that story to top executives of electric truck maker Lordstown Motors have resigned CEO Steve Burns and finance chief Julio Rodriguez a route after an update from a board committee questioning how it reported truck preorders, the committee was established to investigate and investors questions about its preorder reservations. And progress towards starting production of its electric truck. Lordstown is looking for a new CEO. But for now it's board chair will run the company, it recently said it needs to come up with more cash or it might not be able to continue through the end of the year. GeneCo's Sola Fox

Lordstown Motors Jenny Casa Sola Steve Burns Julio Rodriguez Lordstown Geneco Sola Fox