Author: KnowledgeHippo

Boeing agreed Sunday to plead guilty to a felony count of conspiracy to defraud the federal government over two deadly 737 Max crashes in 2018 and 2019, according to a late-night court hearing.In the settlement with the Justice Department, described in part in the court filing, Boeing also agreed to pay a $487.2 million fine — the maximum allowed by law — and invest at least $455 million over the next three years to strengthen compliance and security programs.The company will be placed on probation under the supervision of the Federal District Court for the Northern District of Texas for…

A Russian missile attack on Ukraine’s largest children’s hospital on Monday highlighted the growing number of deadly attacks on medical facilities, vehicles and workers in the country this year. It adds to data from the World Health Organization and suggests that more Ukrainians may be on track to be killed in such attacks this year than last year.Before the strike at the Ohmatdyt Children’s Hospital in Kyiv, the WHO recorded 18 deaths and 81 injuries from more than 175 attacks on healthcare infrastructure in Ukraine for the first half of 2024. The organization also recorded 44 attacks on medical vehicles…

A $1 billion gift from Michael Bloomberg to Johns Hopkins University, announced Monday, will allow most students at the university’s medical school to attend for free and also increase financial aid for other students in the university’s schools of nursing and public health and other graduate programs.Bloomberg Philanthropies, which oversees Mr. Bloomberg’s philanthropic efforts, said in a statement that the gift will ensure that “the most talented aspiring doctors representing the widest range of socioeconomic backgrounds have the opportunity to graduate debt-free” from the university.Beginning in the fall semester, Johns Hopkins will offer free tuition for medical students from families…

Boeing’s announcement on Sunday that it had agreed to plead guilty to federal criminal charges as part of a deal with the Justice Department was the culmination of a years-long crisis involving the company’s 737 Max plane.The settlement may help Boeing end a federal case stemming from two fatal 737 Max crashes in 2018 and 2019. But the settlement is not the final word in this saga and may have little impact on other problems , including questions about production quality that came to light when a panel exploded from a Max jet during a flight in January.Here’s what else…

Bruce Bastian, founder of WordPerfect Corporation, whose word processor was the favorite writing tool in the early days of personal computing—and who later, after coming out as gay, renounced his Mormon faith and funded LGBTQ causes— died June 16. at his home in Palm Springs, California. He was 76 years old.Michael Marriott, executive director of the BW Bastian Foundation, said the cause was complications from pulmonary fibrosis.Mr. Bastian was finishing a master’s degree at Brigham Young University in the late 1970s when he founded the company that became WordPerfect with Alan C. Ashton, his computer science professor and grandson of…

A Parkinson’s specialist from Walter Reed National Military Medical Center visited the White House eight times in eight months from last summer to spring, including at least once for a meeting with President Biden’s doctor, according to officials visitor logs;The expert, Dr. Kevin Cannard, is a neurologist who specializes in movement disorders and recently published a paper on Parkinson’s disease. The logs, released by the White House, document visits from July 2023 to March of this year. More recent visits, if any, will not be released until later under the White House’s voluntary disclosure policy.It was unclear whether Dr. Canard…

New charge for day trippers in Venice. Imminent ban on holiday rentals in Barcelona. Restrictions on the sale of alcohol in Mallorca. At a time when overrun European destinations are slapping tourists with restrictions and fees, Copenhagen is taking a different approach: rewarding visitors who act responsibly.Starting July 15, tourists who demonstrate climate-friendly travel behavior by participating in the city’s green initiatives — including biking, train travel and cleanup efforts — will have access to museum tours, kayak rentals, free meals and more .”We need to turn tourism from an environmental burden into a force for positive change,” said Mikkel…

France’s left-wing parties scored a surprise victory in national parliamentary elections on Sunday, denying the nationalist, anti-immigration National Rally party a majority in the lower house of parliament.But no party appeared on track to secure an outright majority, leaving one of Europe’s largest countries mired in deadlock or political instability.The results were compiled by The New York Times using data from the Interior Ministry and confirmed earlier predictions that no party or bloc would win a majority.Here are five excerpts from the election.Big Surprise No. 1There were two big surprises as France voted for a new Parliament in early elections,…

It may seem like a good time to get apartment buildings.For many owners it is. Rents have skyrocketed in recent years due to housing shortages across much of the country and a period of high inflation.However, a growing number of rental properties, especially in the South and South West, are experiencing financial distress. Only a few have stopped paying on their mortgages, but analysts worry that up to 20 percent of all apartment loans could be at risk of default.Although rents rose during the pandemic, the rise has stalled in recent months. In many areas of the country, rents are…

If the Biden administration had its way, a lot more electronic chips would be made in factories in, say, Texas or Arizona.They would then be shipped to partner countries, such as Costa Rica or Vietnam or Kenya, for final assembly and sent out into the world to power everything from refrigerators to supercomputers.These parts may not be the first things that come to mind when people think of semiconductors. But executives are trying to transform the global chip supply chain and are negotiating hard to do so.Key elements of the plan include foreign companies investing in chip manufacturing in the…