Lockheed Martin CEO tells Trump the cost of F-35 will be 'significantly' lower
Lockheed Martin Chief Executive Marillyn Hewson met with President-elect Trump in New York, Jan. 13. Hewson said she told him, "we are close to a deal that will bring the cost down significantly from the previous lot of aircraft to the next lot of aircraft." (The Washington Post) Emerging from a meeting with President-elect Donald Trump at Trump Tower in New York on Friday, Lockheed Martin chief executive Marillyn Hewson told reporters that the Bethesda, Md.-based defense giant is close ..>> view originalTrump's CEO Meetings Raise Ethics Questions
Green equated the meetings to a 2016 campaign controversy: Bill Clinton's conversation with Attorney General Loretta Lynch on the Phoenix airport tarmac at a time when the Justice Department was looking into Hillary Clinton's use of a private email server. "If the conversation is private, it will raise questions and suspicions," Green said.Part of the challenge is not knowing what was precisely said at the meetings."We don't know really what they were discussing, what Trump's response was to th..>> view originalIt's OK to Love Banks Again
It only took a decade but it's officially OK to fall for U.S. banks again. Consumers feel good. Business leaders feel good. And interest rates are finally not zero -- in fact, they may get an extra lift from President-elect Donald Trump, should his policies boost economic growth as everyone seems to be expecting. The impact was tangible in fourth-quarter results released Friday by JPMorgan Chase & Co., Bank of America Corp. and Wells Fargo & Co., validating the industry's post-presidential elec..>> view originalCalifornia's bullet train plans? Not so fast
Good morning. It is Saturday, Jan. 14. Here’s what you don’t want to miss this weekend:TOP STORIES Bullet train woes: More troubling news about California’s bullet train. The project could cost taxpayers 50% more than estimated — as much as $3.6 billion more. And that’s just for the first 118 miles through the Central Valley, which was supposed to be the easiest part of the route between Los Angeles and San Francisco. A federal document outlines far-reaching management problems: significant de..>> view originalGoodbye, American Apparel
It’s finally over for American Apparel, the trendy turned-scandal plagued clothing brand whose first store opened in 1997. On Thursday, a bankruptcy court in Delaware approved an $88 million sale of the brand’s intellectual property and manufacturing equipment to Gildan, a Canadian apparel company that focuses on wholesale. Gildan will pay an additional $15 million to acquire American Apparel’s purchase orders and inventory, effectively giving the buyer all the tools it needs to launch a new c..>> view originalWeekend Roundup: Davos Elites Look To China's Global Role As America Steps Back
A new rift in world affairs appears to be opening up: a division between pro-globalization Asia, with China in the lead, and the transatlantic nations that have turned against globalization. “President Xi’s appearance at the World Economic Forum in Davos next week,” I write in a blog post this week, “comes at both an auspicious and inauspicious moment. It is an auspicious moment because President-elect Donald Trump has all but announced America’s withdrawal from the world it has largely made o..>> view originalLady Liberty is 'modeled after our society's continued evolution.' In this new coin, she is black.
(Photo courtesy of the U.S. Mint) On one side of the new $100 gold coin from the U.S. Mint is the image of an eagle in flight, “with eyes toward opportunity and a determination to attain it,†a news release on the coin states. On the other side, there is the depiction of Liberty. And this time, she is an African-American woman. “Lady Liberty, as depicted in coinage throughout the years, is modeled after our society’s continued evolution,†Elisa Basnight, U.S. Mint chief of staff, s..>> view originalStudy: Millennials really are making less than their parents did
January 13, 2017 —Generations of Americans have lived by the principle that if you work hard and educate your children, the future will be better than today. It’s the foundation of the American Dream. But is that dream slipping out of reach?The future isn’t looking bright for America’s most educated generation. Using Federal Reserve data to compare 25- to 34-year-olds in 2013 with their counterparts from 1989, the advocacy group Young Invincibles found that, after adjusting for inflation, Mille..>> view originalDon's Johns a Name Not Quite Right for This Inauguration Day
WASHINGTON — It's the great port-a-potty cover-up for President-elect Donald Trump's inauguration.Workers preparing for the inauguration Jan. 20 have taped over the name of the company — "Don's Johns" — that has long supplied portable restrooms for major outdoor events in the nation's capital.Virginia-based Don's Johns calls itself the Washington area's top provider of portable toilet rentals. But the name apparently strikes too close to home for organizers of the inauguration of Donald John T..>> view original
Saturday, January 14, 2017
Lockheed Martin CEO tells Trump the cost of F-35 will be 'significantly' lower and other top stories.
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