Boeing reports 29 bn loss in Q2 biggest quarterly loss ever

first_imgNew York: Boeing reported a second-quarter loss of 2.9 billion Wednesday as the grounding of 737 MAX following two deadly crashes continues to weigh on the company. The loss, the biggest ever in a single quarter for the aerospace giant, follows last week’s announcement that Boeing would set aside 4.9 billion after taxes to compensate airlines for canceled flights and the delay in plane deliveries. Revenues tumbled 35.1 percent to 15.8 billion, reflecting the hit from a halt to deliveries of the 737 MAX, a top-selling plane. Also Read – Thermal coal import may surpass 200 MT this fiscalBoeing also pushed back the timeframe for first flights of the 777X, a new long-haul plane under development. It pointed to problems with the 777X engine, which is being built by General Electric. The 737 MAX has been grounded since mid-March following the second of two crashes that together claimed 346 lives. Boeing is developing a software fix to address a problem with a flight handling system that was linked to both crashes. “Disciplined development and testing is underway and we will submit the final software package to the FAA once we have satisfied all of their certification requirements,” Boeing said. Boeing has said it is targeting early in the fourth quarter to win approval from regulators. The company, which has pulled its full-year profit forecast due to uncertainty about the MAX, boosted dividend payments in the second quarter. Compared with last year, Boeing spent 1.2 billion in dividends, up 20 percent from the year-ago period. Shares fell 0.8 percent to 369.84 in pre-market trading.last_img read more

NCAA vote may allow studentathletes in ads

Active Ohio State student-athletes have never been allowed to appear in corporate advertisements. That will change for the Buckeyes and all Division I student-athletes if the NCAA Division I Athletic Council passes proposed legislation, which would allow game clips of current players to appear in advertisements. The council is expected to vote today at the NCAA convention in San Antonio. The relationship between the corporation and the university would have to be clearly stated. For example, Nike Inc., which outfits OSU’s athletic teams, could use highlights from this football season in its ads as long as it included something like “a proud corporate sponsor of Ohio State athletics,” said Michael Rogers, NCAA Amateurism Cabinet chairman. The cabinet is in charge of drafting the proposed legislation to alter current standards of amateurism, but it is not the only council involved. “This is a highly collaborative process,” Rogers said. “You try to get all of the stakeholders involved.” In doing so, he said, the cabinet reviewed proposed legislation from previous years along with feedback from university presidents and input from student-athlete advisory committees. “I know the issue but I’m just going to have to think about that,” OSU President E. Gordon Gee said in an interview with The Lantern. “I’m not a corporate guy. I’m an old- school guy. I don’t believe in playoffs or anything. Anything that is a slippery slope toward professionalization I have to be very careful about.” Despite the reduced restriction on the use of student-athletes’ images, many limitations will remain. “Direct endorsement is clearly prohibited, (and) then there are some other limits and … consents that have to be obtained,” Rogers said. “The last thing we are trying to do is exploit student-athletes.” Others argue that the new legislation will do just that. Big Ten Commissioner Jim Delany firmly opposes the legislation and told The Chronicle of Higher Education it was “the essence of exploitation.” Rogers said he understands his committee’s decision will be controversial. With “something like this you are never going to come up with a piece of legislation that everyone thinks is perfect,” he said. “What you try to do is strike the right balance.” If the athletic council feels that balance has been struck and passes the legislation, it will move on to the Division I Board of Directors for final approval. The committee can also choose to defeat the rule change or send it back to NCAA members for further review. If that is the case, Rogers said he expects his committee to be responsive. “I’ll be interested to see what they say and respond accordingly,” he said. “If we need to retool it or tamper it in some fashion, we can certainly do that.” The OSU compliance office did not respond to multiple requests for comment on its stance on the legislation. read more

Ohio State mens hockey splits weekend series with Michigan State

Sophomore defenseman Drew Brevig (4) and senior forward Chad Niddery (19) line up for a faceoff during a game against Michigan State on Nov. 21 at the Schottenstein Center. OSU won, 3-0. Credit: Kelly Roderick / For The LanternThe Ohio State men’s hockey team played a desperate brand of hockey for the entirety of its game against Michigan State on Friday night. The effort was much needed as the Buckeyes (4-7-1, 1-1-0) had dropped four of their past five games before their 3-0 win against the Spartans in Columbus.“I thought we worked hard again tonight,” OSU coach Steve Rohlik said. “I tip my cap to our guys … we challenged them to get a little bit better and I think (they) did that as a team.”Pace was the difference maker in the Buckeyes’ second conference game of the season as they hounded the Spartans (4-7-0, 1-1-0) for the first two periods, holding a 20-18 shot advantage through 40 minutes. OSU then preserved its lead during the third.After failing to capitalize on second-chance opportunities in a 2-1 loss to Michigan State on Thursday, OSU opened the first period of Friday’s game with an increased offensive zone pressure and attempts on Spartans’ junior goaltender Jake Hildebrand.The difference in gameplay was noticeable within the first 10 seconds of the game when Buckeye senior forward Nick Oddo won the opening face off and directed the puck on Hildebrand to create an early net scramble.OSU found its scoring mojo in the second period after a delayed goal call gave senior forward Matt Johnson his third goal of the season and put the Buckeyes ahead, 1-0.The on-ice officials didn’t originally see the puck enter the net, but the referees reviewed the play during the next stoppage and indicated the puck had crossed the goal line.Johnson’s goal was counted a minute after he scored and was a product of the NCAA’s offseason rule changes that allow officials to determine the legitimacy of goals on plays that preceded the last whistle.OSU used its momentum from Johnson’s goal on the man-advantage five minutes later when sophomore forward Nick Schilkey redirected a shot from the blue line past Hildebrand for the team’s second goal.“It’s something that’s certainly a focal point for us,” Rohlik said of the power play. “At the end of the night, again, special teams are the key.”The Buckeyes continued to dictate the pace of the game when senior forward Darik Angeli made it 3-0 after an odd-man rush at the 3:14 mark of the third period.OSU sophomore goalie Matt Tomkins helped prevent the Spartans’ pushback, making 29 saves en route to his first collegiate shutout.“My focus was just to keep the guys in the game and make those big saves when I had to,” Tomkins said. “They played excellent in front of me.”The Spartans finished zero-for-three on the man advantage and were unable to capitalize on three power plays in the third period.“We did a lot of good things,” Johnson said of the Buckeyes’ penalty kill. “We got in lanes and did a pretty good job of pushing them down, holding them in the corners and taking away a lot of shooting lanes.”OSU is next set to play Western Michigan in the Shillelagh Tournament in South Bend, Ind., on Friday. read more

‘Game of Thrones’ Season 8 Premiere Sets New Guinness World Record

first_img ‘Game of Thrones’ Targaryen Prequel Series Is Reportedly Coming to HBO‘Game of Thrones’ Star Kit Harington Joins Marvel’s &#… Stay on target Game of Thrones is in its last season, however, the show is climbing the ranks when it comes to global demand: On the day of the series’ Season 8 premiere, the global demand exceeded the global premiere demand of every other TV show, for any season across all platforms and markets under measurement.Parrot Analytics, a firm that focuses on global audience demand measurement, collaborated with Guinness World Records to chart Game of Thrones Season 8 premiere’s demand and officially declared it as the most in-demand TV premiere, Deadline reported.Who will take the Iron Throne? Millions couldn’t wait to find out as @GameOfThrones comes to the final season https://t.co/ytVqQso5mY— GuinnessWorldRecords (@GWR) May 3, 2019The firm’s methodology claims to leverage real-time, platform-agnostic, and global TV demand measurements. Parrot Analytics and Guinness World Records analyzed global demand for all series openers from April 2015 to April 14, 2019, the date of the Game of Thrones Season 8 premiere, to calculate the ranking.“Game of Thrones amassed a per capita global audience demand of 25.46 on 14th of April 2019, its Season 8 premiere day. Compared to its per capita global demand of 24.74 on the day of its Season 7 premiere, the latest and final season has premiered 2.9 percent higher globally,” Samuel Stadler, VP of marketing at Parrot Analytics, told Deadline in a press statement. “Premiere day demand has been particularly strong in the United States, United Kingdom, and France.”Game of Thrones Season 8, Episode 1, which highlighted Winterfell preparing for a battle with the Night King’s Army, generated millions of viewers, said a Guinness World Records press release. HBO confirmed that 17.4 million people streamed the episode on their subscription TV services, and their HBO GO and HBO NOW streaming apps, within 24 hours of the Season 8 premiere.“It comes as no surprise. Game of Thrones has its fans tightly clenched in its dragon-like grip, and excitement for this final series has seen phenomenal engagement across every platform,” Craig Glenday, editor-in-chief at Guinness World Records, said in the press release. “It has broken records since it first aired – for its viewership figures, Emmy wins, and even its status as the most pirated TV show! It looks like it’s going to continue breaking records right up to the final, undoubtedly devastating episode.”More on Geek.com:First Look: ‘Game of Thrones’ Season 8, Episode 4 Photos‘Game of Thrones’ Season 8, Episode 4 Preview: One Last War to WinEmilia Clarke: Next ‘Game of Thrones’ Fight Will Be Bigger Than Winterfelllast_img read more

Orphaned Otter Dies After Eating Human Food at Tennessee Park

first_img“As a reminder, feeding the animals at Bays Mountain Park is strictly prohibited for exactly this reason. Human food is often intolerable and, in this case, even harmful to our animals,” Bays Mountain Park & Planetarium wrote on Facebook. “Please follow all posted park rules, including the signs that say not to feed the animals.” Stay on target Otto, an orphaned otter, has died after guests threw human food into his enclosure at a Tennessee park.On Thursday, Bays Mountain Park & Planetarium in Kingsport, Tennessee, announced that it was transporting Otto to an animal hospital after he accidentally ate food that was thrown into his enclosure, USA Today reported. According to Bays Mountain Park & Planetarium’s Facebook post, Otto’s body couldn’t digest the food the guests gave him and unfortunately, he fell ill and passed away from the incident. Watch: Dolphin Leaps Feet Away From Unsuspecting SurferWatch: Deep-Sea Octopus ‘Billows Like a Circus Tent’ In 2017, Otto first joined the park as a 9-month-old baby after he stayed at a rehabilitation facility in North Carolina. The North Carolina-based center looked after Otto and his sister after their parents died in a flood.“Otto was beloved by park staff and guests alike,” Bays Mountain Park & Planetarium said in the post. “A cheerful creature, he could often be found swimming or playing with toys in his pool, even when it was snowing outside.”More on Geek.com:Charlie, the Oldest Living Southern Sea Otter, Dies at Age 22Massive, 11-Foot Alligator ‘Breaks Into Home’ at 3 A.M. in FloridaRare, Venomous Snake Hitches a Ride on Couple’s Kayak Paddlelast_img read more

Amazon to Showcase Small Businesses in UK Pop-Up Shops

first_imgStay on target Amazon is opening 10 brick-and-mortar shops across the UK in an effort to promote small businesses.The tech titan partnered with Enterprise Nation, Direct Line for Business, and Square to launch a new program aimed at boosting small-brand growth, in-store and online.A year-long pilot will enable more than 100 small- and medium-sized enterprises (SMEs) to sell directly on the high street via Clicks and Mortar pop-ups.The first location opened today on St. Mary’s Gate in central Manchester, with more coming soon to the Midlands, Yorkshire, and across South East England, as well as Scotland and Wales.Each store will stock a range of brands—everything from homeware, health, and beauty products to food, drink, and electronics. That includes foldable Swifty Scooters for adults, leather Torro Cases for electronic devices, and Altr for Men skincare products.“The up-and-coming brands have all built successful online businesses and now want to explore physical retail for the first time,” according to a company press release.Amazon is not usually associated with small biz owners. In fact, it’s often treated as a big bad—a giant carelessly stomping on anything in its path.But the firm has been working with independent sellers for nearly 20 years, boasting tens of thousands of UK-based small businesses trading their goods on Amazon’s global sites.“Small businesses are one of our most important customer groups, and we’re thrilled to work with Enterprise Nation to design a comprehensive package to help entrepreneurs across the UK grow their businesses, both in-store and online,” Doug Gurr, UK Country Manager for Amazon, said in a statement.With that in mind, the company announced a new £1 million ($1.3 million) fund to train 150-plus workers through a mix of in-work, online, and classroom coaching.The so-called “apprenticeships” last 15 to 18 months, and are open exclusively to any brand-owning SME registered in England that currently sells on Amazon and has a turnover of less than £1 million.“From giving up-and-coming online British brands the chance to experience physical retail, to funding the training of full-time apprenticeships and helping to increase SME exports,” Gurr said, “Amazon is committed to supporting the growth of small businesses—helping them boost the economy and create jobs across the UK.”More on Geek.com:Amazon’s Automatic Packing Machines Could Replace 1,300 JobsAmazon Key Now Delivers to Ford, Lincoln VehiclesDrunk Shoppers Blow $48B Annually—Mostly on Amazon Amazon Employees Join Sept. 20 Global Climate WalkoutGeek Pick: Amazon Smart Plug Puts Alexa in Your Walls last_img read more

Watch: Water Is Being Ejected From the Moon During Meteor Showers

first_imgStay on target Rare Harvest Moon Will Light Up Night Sky on Friday the 13thIndia Finds Lost Vikram Lander on Moon’s Surface It might be “raining” on the Moon: Scientists found that water is being released from the Moon during meteor showers, infusing the lunar atmosphere with a temporary water vapor.Researchers from NASA and the Johns Hopkins University Applied Physics Laboratory in Maryland reported that meteoroid strikes were ejecting water from the Moon, thanks to data collected by NASA’s Lunar Atmosphere and Dust Environment Explorer (LADEE), a robotic mission that circled the Moon to collect information on the composition of the lunar atmosphere, said a NASA press release.Previously, models hypothesized that meteoroid strikes could eject water from the Moon in vapor form, however scientists hadn’t observed this occurrence until LADEE’s mission. Detected by LADEE, the newly-identified meteoroid streams took place on Jan. 9, April 2, April 5, and April 9 in 2014. The researchers, who published their findings in the journal Nature Geoscience, explored how these meteoroid strikes could help determine the origin of water on the Moon and how much of it exists on the lunar surface.“The Moon doesn’t have significant amounts of H2O or OH [hydroxyl – a more reactive relative of water] in its atmosphere most of the time,” Richard Elphic, the LADEE project scientist at NASA’s Ames Research Center in California’s Silicon Valley, said in the press release. “But when the Moon passed through one of these meteoroid streams, enough vapor was ejected for us to detect it. And then, when the event was over, the H2O or OH went away.”LADEE, which orbited the Moon from October 2013 to April 2014, sensed the vapor with its Neutral Mass Spectrometer. The mission gathered data on the composition and structure of the Moon’s atmosphere, or more specifically, the “exosphere,” a thin envelope of gases that circle the Moon.An infographic on the lunar water cycle based on LADEE’s new observations. (Photo Credit: NASA Goddard / Mehdi Benna / Jay Friedlander)Here’s how meteoroid showers could release water on the Moon: Meteoroids have to penetrate at least three inches below the lunar surface to eject water and under this dry top layer is a thin transition layer, followed by a hydrated layer, where water molecules might cling to tiny bits of soil and rock. Since the lunar surface has fluffy materials, meteoroids can easily pierce the lunar surface to release some vapor and with each meteoroid impact, a small shock of waves releases water from the surrounding space. So when meteoroids hit the lunar surface, the freed water will enter the exosphere, move through it, and then roughly two-thirds of vapor heads to space, while roughly one-third lands back on the Moon’s surface.It’s raining … on the Moon?! Scientists have discovered that water is being released on the lunar surface during meteor showers. Get more details: https://t.co/wgtXyXnjMA pic.twitter.com/iK28nAlGiR— NASA (@NASA) June 7, 2019Using the measurements of water in the exosphere, the researchers determined that the hydrated layer has a water concentration of roughly 200 to 500 parts per million and this concentration is less wet than the driest terrestrial soil. The researchers believe that some of the water has to generate from the Moon, since the mass of the water being ejected is greater than the water mass within the meteoroids striking the Moon. With these findings, scientists can better understand the history of lunar water and how it might impact future missions to the Moon.More on Geek.com:Watch: NASA Picks First Companies to Send Experiments to the MoonNASA Spots Beresheet Impact Site on MoonNASA Orbiter Snaps ‘Jawbreaker’ Candy Martian Full Moon Picturelast_img read more

‘Forza Horizon 4’s’ Lego DLC Makes Us Want More Wacky Racers

first_img Watch: Marvel and Square Enix’s ‘Avengers’ Gameplay Still Creeps Us OutPlay These E3 2019 Video Games Right Now Breaking from years of tradition now, Microsoft didn’t announce Forza 8 at its E3 press conference this year. Typically, the company alternates between announcing mainline Forza serious sim racing games and the more open-world arcade experiences of Forza Horizon. Seeing as last year gave us Forza Horizon 4, we figured this year would be Forza 8’s turn. At this point they’re probably just saving it as a launch title for the next-gen Xbox Project Scarlett releasing next holiday alongside Halo Infinite.However, we did sort of get a new Forza announcement for this year. Previously Microsoft has wheeled out actual sports cars on stage to celebrate their presence in the game. But this time the car was a bit more… blocky. Yes, Microsoft brought out a racecar made of Legos to celebrate the Lego Speed Champions DLC for Forza Horizon 4.Take a look!How awesome is that? As cool as the consistently enjoyable normal Lego games are (including the upcoming Lego Star Wars: The Skywalker Saga) they’re never exactly visual stunners. So seeing the gorgeous Forza engine render racers and tracks made of out blocks so tangible you want to reach out and touch them just rules. The $20 expansion features new challenges, bricks to find, and Lego renditions of McLaren, Ferrari, and Mini Cooper cars to add to your collection.And really, this just makes us wish that racing games were wackier in general. Forza Horizon 3 also got some toy-based DLC with its Hot Wheels expansion. But as fun as that was at the time, I couldn’t shake the nagging feeling that it was more for nostalgic adults than actual kids? For as open and accessible as Forza Horizon is compared to regular Forza, the spin-off still has a foot firmly in that hardcore sim racing world, to its detriment. It’s just a little bit too fiddly and realistic to be as ridiculous and relaxing as I want from an open world racing game. I want a more unrestrained arcade experience, Burnout Paradise basically.If you include stuff like Mario Kart and Team Sonic Racing and Crash Team Racing, there are plenty of racing games that don’t adhere to the rules of our world and its roads. But seeing Lego cars in Forza makes me wish these kinds of experiences weren’t limited to modest kart racing games. There’s no reason why our AAA racing games shouldn’t be absurd, too. Everything can be awesome.The Lego Speed Champions DLC for Forza Horizon 4 launches June 13. For more on E3 2019 watch these trailers. Stay on targetlast_img read more

Original plans for “Tough Enough” on the WWE Network

first_imgFacebook WWE Pitches Crazy Superstar Shake-up Changes Videos Articles Pinterest Former Tough Enough winner Matt Cappotelli passes away due to brain cancer at age 38 A new season of “Tough Enough” that was planned to be featured on the WWE Network has become what was described as a “victim of budget cuts” according to a report by Dave Meltzer. WWE had originally planned to produce a new season on the network to begin filming in July and the entire show was called off when the budget was heavily cut back.Source: The Wrestling Observer NewsletterRecommended videosPowered by AnyClipWWE Rescheduling San Jose NXTVideo Player is loading.Play VideoPauseUnmuteDuration 0:38/Current Time 0:04Loaded: 100.00%0:04Remaining Time -0:34 FullscreenUp NextThis is a modal window.Beginning of dialog window. Escape will cancel and close the window.TextColorWhiteBlackRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentBackgroundColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentTransparentWindowColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyTransparentSemi-TransparentOpaqueFont Size50%75%100%125%150%175%200%300%400%Text Edge StyleNoneRaisedDepressedUniformDropshadowFont FamilyProportional Sans-SerifMonospace Sans-SerifProportional SerifMonospace SerifCasualScriptSmall CapsReset restore all settings to the default valuesDoneClose Modal DialogEnd of dialog window.Replay the list Now Playing Up Next WhatsApp Adam Martin RELATED ARTICLESMORE FROM AUTHOR Seth Rollins Defends WWE On Two Separate Occasions WWE Rescheduling San Jose NXT Now Playing Up Nextcenter_img Now Playing Up Next Google+ Triple H Bully Ray Calls Out Ring Of Honor Fan On Twitter Now Playing Up Next Twitter Roman Reigns is in Remission Carmella filmed this week for future WWE project, Raven on Sonya Deville impersonating him The wrestling industry reacts to the passing of former OVW star Matt Cappotelli on Friday Now Playing Up Nextlast_img read more

Attorneys for CM Punk send letter to WWE per new report

first_imgFacebook Google+ Will CM Punk Ever Fight In The UFC Again? WhatsApp Pinterest The Miz Joe Rogan Says Floyd Mayweather Should Fight CM Punk in MMA Debut Now Playing Up Next Here’s Who CM Punk Might Fight At UFC 225 Chris Jericho on being disappointed with his WrestleMania 18 main event match Kane Now Playing Up Next CM Punk & AJ Lee Join Horror Movie Videos Articlescenter_img CM Punk to appear at Starrcast III, Scheduled for interview and meet-and-greet Now Playing Up Next Twitter Now Playing Up Next Attorneys representing former WWE star Phil “CM Punk” Brooks sent a 22 page letter to WWE regarding royalties and the use of his likeness in the new WWE 2K15 video game according to a report by Dave Meltzer. The belief is that WWE stopped sending Punk royalty money claiming breach of contract when he walked out on the company back in January.Source: The Wrestling Observer NewsletterRecommended videosPowered by AnyClipCM Punk & AJ Lee Join Horror MovieVideo Player is loading.Play VideoPauseUnmuteDuration 0:27/Current Time 0:01Loaded: 100.00%0:01Remaining Time -0:26 FullscreenUp NextThis is a modal window.Beginning of dialog window. Escape will cancel and close the window.TextColorWhiteBlackRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentBackgroundColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentTransparentWindowColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyTransparentSemi-TransparentOpaqueFont Size50%75%100%125%150%175%200%300%400%Text Edge StyleNoneRaisedDepressedUniformDropshadowFont FamilyProportional Sans-SerifMonospace Sans-SerifProportional SerifMonospace SerifCasualScriptSmall CapsReset restore all settings to the default valuesDoneClose Modal DialogEnd of dialog window.Replay the list Did CM Punk Make A Secret Return To Wrestling? Videos Articles Videos Articles Adam Martin RELATED ARTICLESMORE FROM AUTHOR Now Playing Up Next The Young Bucks on CM Punk coming to AEW, Cody’s chairshot, nearly signing with WWE Laura Vandervoortlast_img read more