Posts by Liam Redmond
Airbus keeps No.1 planemaker spot but raises new concern on engine supplies
[PARIS] Airbus deliveries rose 4 per cent last year to reach 793 aircraft, the European planemaker said on Monday, leaving it on course to remain the world’s largest planemaker despite recent industrial snags and a new question mark over engine supplies. Airbus warned of a “continued complex and dynamic operating environment” as it posted deliveries edging past its…
Read MoreTeen charged in fatal NYC stabbing of 17-year-old boy had just been cut loose without bail in gang assault case: DA
One of the teens charged in the deadly stabbing of a 17-year-old boy on a Queens street was out on “supervised release” in a separate gang assault case at the time of the fatal daytime ambush, The Post has learned. Derek Trejo, 18, was cut loose by Judge Jennifer Tubridy just two months before he…
Read MoreFitch Ratings says Fed independence is key factor for US sovereign rating
[NEW YORK] Fitch Ratings said on Monday it views the Federal Reserve’s independence as a key supporting factor for its AA+ US sovereign rating. The credit rating agency will continue to monitor evolution of governance, including “institutional checks and balances,” as well as the performance of the Fed in delivering low and stable inflation in…
Read MoreSupertankers sailing to pick up Venezuelan oil for China make U-turns, ship data shows
[HOUSTON] Two China-flagged supertankers that were sailing to Venezuela to pick up debt-paying crude cargoes made U-turns and were headed back to Asia, LSEG shipping data showed on Monday, a sign that the US-blocked South American country might not be directly exporting oil to its main buyer any time soon. Following the US announcement last week of…
Read MoreTrump administration probe of Fed’s Powell sparks pushback
Former Fed chairs join former government economic policy leaders from both political parties in raising alarm [WASHINGTON] The Trump administration’s decision to open a criminal investigation into US Federal Reserve chair Jerome Powell drew condemnation from former Fed chiefs and a chorus of criticism from key members of Trump’s Republican Party on Monday (Jan 12),…
Read MoreOil prices settle at 7-week high on worries about Iran exports
[NEW YORK] Oil prices climbed and settled at seven-week highs on Monday on worries that Iran’s exports could decline as the sanctioned Opec member cracks down on anti-government demonstrations. Limiting price gains were expectations that supplies could rise from Venezuela, another sanctioned member of the Organization of the Petroleum Exporting Countries. Brent futures rose 53 cents,…
Read MoreMeta plans to cut 10% of jobs at company’s Reality Labs division
[SAN FRANCISCO] Meta Platforms plans to cut 10 per cent of jobs in the company’s Reality Labs division, part of a broader strategy to shift money away from some virtual reality products and into other artificial intelligence (AI) wearables. The cuts are expected this week, according to a source familiar with the company’s plans who…
Read More49ers receiver pokes fun at wild theory surrounding team injuries
Kendrick Bourne is certainly aware of the wild injury theory that’s currently surrounding his 49ers team. Just after San Francisco beat the Eagles, 23-19, in their playoff opener on Sunday at Lincoln Financial Field, Bourne was asked at his locker about George Kittle’s Achilles and other ailments the Niners sustained in their hard-fought win. And,…
Read MoreSuspect in Mississippi synagogue arson attack chose target over its ‘Jewish ties’: FBI
JACKSON, Miss. — A suspect in an arson fire at a historic Mississippi synagogue admitted to targeting the house of worship because of its “Jewish ties” and was turned in to authorities by his father who had observed burn marks on his son’s ankles, hands and face, the FBI said Monday. Stephen Pittman was charged with maliciously…
Read MoreSuspect ID’d in U-Haul track attack on anti-Iranian regime protest that injured 2
LOS ANGELES — The madman who smashed a U-Haul truck through a crowd of Iranian-American anti-regime protesters, injuring two, has been identified as Calor Madansecht. Investigators said a motive is still under investigation. The suspect sat calmly in the truck as onlookers screamed and mobbed the truck. ABC7 Cops say he plowed the vehicle —…
Read MoreWhat Emotionally Mature Founders Do When Everything Feels Uncertain
There is a specific kind of uncertainty that only founders experience. Not the hypothetical kind, but the lived version where the runway is shrinking, customers are quiet, and every decision feels like it might be the wrong one. You refresh your bank balance more than your inbox. You wonder if everyone else has figured something…
Read MoreTrump warns ‘we’re screwed’ if Supreme Court rules against emergency tariffs
WASHINGTON — President Trump declared Monday that the US would be “screwed” if the Supreme Court rules against his reciprocal tariff policies — arguing the feds would have “pay back” billions in revenue collected over the past year. “[I]f the Supreme Court rules against the United States of America on this National Security bonanza, WE’RE…
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