|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
 QUOTE OF THE DAY  |
|
|
"Do we still have enough money to remodel the kitchen?" – A woman after being gifted a ticket to space by her husband. Priorities.
|
|
|
|
|
|
|
|
|
|
|
This complaint
The Story
A Boeing engineer claims that while the 737 Max planes were in development, the company rejected a proposed safety system as a way to cut costs.
I'm going to need some background.
In the past year, two Boeing planes – both 737 Max 8s – were involved in deadly crashes, killing a total of 346 people. The company – and both crashes – are still under investigation. But investigators believe a single feature pushed both planes into nose dives.
And this safety system would have changed that?
This engineer thinks it could have. He filed an internal ethics complaint that the gov has access to as part of its investigation. In the meantime, Boeing 737 Max planes have been grounded – costing the company billions as it tries to get the go-ahead from the FAA to get them in the air again.
theSkimm
It's still not clear how the gov's criminal investigation into Boeing will end. But all of this could have major implications for Boeing, the US economy, and flight safety in general.
|
|
|
|
|
|
|
|
Airbus
The Story
The US just got the go-ahead to impose tariffs on some EU goods.
I'm going to need some background.
Boeing (the US's leading plane maker) and Airbus (Europe's leading plane maker) are – surprise – competitors. For years, the US and the EU have accused each other of giving illegal subsidies to their respective companies. The World Trade Organization (WTO) has found shady behavior on both sides. Yesterday, the WTO said the US is entitled to tariff the EU on $7.5 billion in goods – reportedly the equivalent of what Boeing lost per year because of these subsidies.
Oh, I smell a trade war.
The EU says it wants to avoid that. But the US already has a list of EU goods it plans to impose tariffs on, including French wine, Scotch whisky, German coffee, Italian cheese, and – surprise – Airbus orders.
theSkimm
All of this could escalate when the WTO is expected to rule on the US's alleged subsidies to Boeing next year, leaving the door open for the EU to potentially impose retaliatory tariffs. Meaning, more than a year after a shaky trade truce with the EU, we could be on the eve of a new trade war.
$: What's money got to do with it? Here's how trade wars can affect your wallet.
|
|
|
|
|
|
|
|
|
|
Who's a man with a plan…
Boris Johnson. Yesterday, the British prime minister proposed a new plan for the UK's very messy break up with the EU. One of the biggest issues facing Brexit has been figuring out what to do with the border between Northern Ireland (part of the UK) and Ireland (part of the EU). It's an area with a violent history. Johnson's new plan would keep Northern Ireland tied to EU trade rules on food and other goods. But there would still need to be some sort of customs check, and it's not clear where that would happen. Johnson assured it would be away from the border. The EU says the proposal represents "progress." The question now is what negotiations might look like.
-
Take two: Johnson wants to suspend Parliament, again. ICYMI, the first time he tried to get Parliament to take some PTO, the UK's Supreme Court called it "unlawful, void and of no effect." Now, he's dusting himself off and trying again – this time he's cutting down his ask from five weeks to a few days.
|
|
|
|
|
|
|
|
What's saying 'it's business, it's business time'...
Vice Media. Yesterday, it said it bought female-focused Refinery29. The goal is to expand Vice's audience, up its revenue, and help it compete with the Googles and Facebooks of the world. Oh, and the deal is estimated at about $400 million...so add that to Vice's Money Diary.
TripAdvisor. The travel site says it will no longer be selling tickets to places that breed or import captive whales and dolphins (think: SeaWorld). It's the latest update to the company's 2016 animal welfare policy. Be (Trip)Advised.
|
|
|
|
|
|
|
|
Who's receiving 'get well soon' cards…
Sen. Bernie Sanders (I-VT). The presidential candidate was hospitalized this week and treated for a blocked artery. His campaign events are canceled until further notice.
|
|
|
|
|
|
|
|
Who's channeling Lizzo's 'if I'm shinin', everybody gonna shine'…
Melinda Gates. Yesterday, the billionaire philanthropist announced her plan to spend $1 billion over the next 10 years to help promote gender equality and expand women's influence in the US.
Skimm More: We chatted with Melinda Gates about career tips, Comic Sans, and more. Watch here.
|
|
|
|
|
|
|
|
What you'll be excited to shout out again…
UNO.
|
|
|
|
|
|
|
|
|
|
|
|
What to expect when you're expecting? Less money in your bank account. Because little ones require big plans (and lots of $$$). Same goes for babies of the furry variety. Lucky for you, we have tips on what to think about if you're planning on one or two becoming three or four. Read all about it.
|
|
|
|
|
|
|
|
|
For when you need a new outfit like yesterday…
How does tomorrow sound. Verishop has luxe fashion, home and beauty products that come with free one-day shipping. Plus free returns and exchanges. Psst…Skimm'rs get 15% off. Start shopping.*
For when winter is coming…
Be prepared. This company has coats and jackets that blend function and style, so you can stay warm and look good doing it. PS: there are lots of fits and colors to choose from. Bundle up.*
For when you know what you're doing every weekend this month...
Way to plan ahead. This online estate planning company can help you think even further. They offer trusts, wills and guardianships. And if you're not sure where to start, they'll ask a few questions to figure out what's right for you. Learn more.*
|
|
|
*PS This is a sponsored post.
|
|
|
|
|
|
|
|
|
|
Spotlight on…Kirsten W (AK). She recently finished sailing across the Pacific Ocean from Honolulu, Hawaii, to Vancouver, Canada. And Madison N (CA). She's starting her first professional live theatre job since moving to Los Angeles.
(Some) Birthdays…Ronnie Pollidoro (NY), Dale Gray (NY), Alex Mussiett (GA), Hannah Moody (TX), Shelley Krantz (CA), Jessica Brady (VA), Caroline Daines (MT), Natasha Mascarenhas (NJ), Molly Hansen (NC), Caroline Saltonstall (MA), Courtney Hoppe (NC), Megan Terjesen (NC), Stephanie Lucas (NC)
*Paging all members of theSkimm. Reach out here for a chance to be featured.
|
|
|
theSkimm50 West 23rd Street, Suite 5B; New York, NY, 10010, United States Update Profile
