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Boeing takes $280 million hit on troubled Air Force One program
Boeing has recorded a $280 million charge on its programme to replace the US presidential Air Force One aircraft, contributing to a larger-than-expected quarterly loss. The setback highlights the financial and delivery risks Boeing faces on fixed-price government contracts while it works to improve its wider business performance. The company is building two 747-8 aircraft…
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Trump files Supreme Court petition to toss $83 million E Jean Carroll defamation judgment
Lawyers for Donald Trump filed a petition with the US Supreme Court on Tuesday seeking to overturn the $83.3 million (£65 million) defamation judgment awarded to writer E. Jean Carroll. The case stems from remarks Trump made about Carroll, a former magazine columnist who accused him of sexual assault, and the substantial award has drawn…
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Urgent warning to Aussies with a mortgage: Banks could owe you thousands
Australia’s corporate regulator has issued a warning that major banks may owe mortgage holders thousands of dollars due to errors involving offset accounts linked to home loans. The issue centres on banks incorrectly calculating interest or failing to properly apply offset balances, meaning affected customers could have been overcharged on their repayments without realising it.…
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Andy Burnham launches cross-party talks on social care – as Reform warn his ‘death tax’ plan could cost his own constituents £50,000 each
Prime Minister Andy Burnham is launching cross-party talks on reforming social care funding, inviting Conservative leader Kemi Badenoch and Liberal Democrat leader Sir Ed Davey to discuss the issue, while pointedly excluding Reform UK leader Nigel Farage. The move comes as Badenoch has already warned that the estimated £18 billion cost of reform should be…
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Burnham turns to Tories and Lib Dems for help on social care: ‘Help me fix this’
Andy Burnham has invited Conservative leader Kemi Badenoch and Liberal Democrat leader Sir Ed Davey to a Downing Street summit to seek cross-party agreement on fixing England’s social care system, framing it as a test of “problem-solving, not point-scoring” politics. The prime minister argues that decades of governments avoiding the issue have left carers struggling,…
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AI company employees petition US government for regulation
More than 1,100 employees at leading artificial intelligence companies, including OpenAI, Anthropic, Google and Meta, have signed a petition calling on the US government to help slow the pace of AI development. The letter, reported by Bloomberg, urges Washington to back an international effort to build the technical and governance tools needed to “deliberately pace”…
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Trump’s teleprompter operator who bet on speeches no longer working in the government
Gabriel Perez, President Donald Trump’s long-serving teleprompter operator, has been placed on unpaid administrative leave and will no longer work at the White House after allegations that he bet on the contents of Trump’s speeches. The case matters because it raises potential ethical and legal concerns over a government employee using access to non-public speech…
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Bibi schmoozes Trump Cabinet officials after meeting with the president… as GOP privately frets he could drag US into wider Iran war
Israeli Prime Minister Benjamin Netanyahu held talks with President Trump at the White House and went on to meet members of Trump’s Cabinet, amid reports that some Republicans are privately concerned he could pull the United States deeper into a wider conflict with Iran. The visit comes at a sensitive moment in US-Israel relations, with…
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SEE IT: Mark Kelly blames Trump’s agenda for boosting AOC as Dems presidential pick
Democratic Senator Mark Kelly of Arizona has attributed a surge in support for further-left figures such as Representative Alexandria Ocasio-Cortez to President Donald Trump’s policy agenda, arguing that Trump’s actions are pushing Democratic voters towards more socialist-leaning candidates. His remarks came after a new poll showed Ocasio-Cortez as the leading choice among Democrats for their…