Author: elonmusk
WASHINGTON — Airbus announced it is taking an additional 300 million euros ($314 million) in charges on its space projects as it continues talks with two other European companies about combining their satellite businesses.Airbus said Feb. 20 it took the 300-million-euro charge in the fourth quarter of 2024 as it completed reviews of a final, unnamed program in its space portfolio. The company had hinted in late October that it could take additional charges on that program as it completed a comprehensive review.“We had to go through the program in detail, bottom up, to fully review what we had in…
Your support helps us to tell the storyFrom reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it’s investigating the financials of Elon Musk’s pro-Trump PAC or producing our latest documentary, ‘The A Word’, which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging.At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.The…
Boeing 737s on the ground in Renton, Washington.Leslie Josephs | CNBCPresident Donald Trump expressed frustration in recent days about the long wait for a pair of Boeing 747s that will serve as the new Air Force One planes.The planes are years behind schedule. Trump negotiated the $4 billion contract for the aircraft during his first term, and it isn’t clear whether they’ll be ready during his current one. Cost-overruns have totaled more than $2 billion to date. Trump advisor Elon Musk is working with Boeing in hopes of delivering the aircraft faster, the manufacturer’s chief executive Kelly Ortberg reiterated on…
President Donald Trump floated the idea of delivering 20% of savings from the Department of Government Efficiency (DOGE) directly to the American people on Wednesday.Trump said 20% of the savings could be delivered to U.S. citizens in personal checks to taxpaying households, while another 20% would be used to pay down the national debt. “There’s even under consideration a new concept where we give 20% of the DOGE savings to American citizens, and 20% goes to paying down debt, because the numbers are incredible,” Trump told reporters during an event in Miami Beach, Florida.Users on X, formerly Twitter, first pitched the…
A Tesla dealership was subjected to an apparent attack in Salem, Oregon. Early Wednesday, gunfire shattered windows at the Tesla location. This marks the second criminal strike against the Tesla store in a month, with the first incident being reported on January 20. Latest incident: Authorities rolled up to 2755 Mission St. S.E. just before 5 a.m. after receiving reports of busted windows at the Tesla Salem store, as per a report from the Salem Reporter. As per agency spokeswoman Angela Hedrick, the damage appears to have been caused by gunshots.“Officers found the damage to be from gunshots,” Hedrick noted, adding…
Este artículo también está disponible en español. On Tuesday, February 19, the Federal Reserve released their meeting minutes, revealing that central bankers are considering an end—or at least a significant slowdown—to quantitative tightening (QT). The document states: “Several participants suggest halting or slowing balance sheet reduction pending debt ceiling resolution.” These remarks have fueled optimism among Bitcoin experts who view the potential end of QT as a bullish signal. Many see it as a precursor to greater liquidity entering financial markets, a condition that has historically benefited risk assets like cryptocurrencies. The newly published minutes confirm that certain Fed officials…
MADISON, Wis. (AP) — A conservative nonprofit backed by billionaire Trump adviser Elon Musk is getting involved in a race that will determine the political direction of the highest court in one of the country’s most important presidential battleground states.The group Building America’s Future is spending $1.6 million on television ads in the Wisconsin Supreme Court race that started airing Thursday and will run for two weeks in the state’s five largest media markets. The spending comes after Musk posted a message last month on X, the social media platform he owns, drawing attention to the race and calling for…
Scott: DOGE’s spending cuts are helping ‘America win’ Sen. Tim Scott, R-S.C., joins ‘America’s Newsroom’ to discuss the impact of DOGE’s spending cuts, arguing President Donald Trump is keeping his campaign promises, and reacts to Sen. Chuck Schumer’s opposition to the budget resolution. FIRST ON FOX: A new initiative is tracking government agency spending in comparison to growth, and a conservative fiscal watchdog group has discovered what it deems to be an alarming trend. According to OpenTheBooks, staff levels at the Department of Education have decreased since 2000, but the agency’s spending grew by 749%. OpenTheBooks says the calculation is “even…
Your support helps us to tell the storyFrom reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it’s investigating the financials of Elon Musk’s pro-Trump PAC or producing our latest documentary, ‘The A Word’, which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging.At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.The…
HELSINKI — The spacecraft for China’s Tianwen-2 combined near-Earth asteroid sample return and comet rendezvous mission has arrived at Xichang spaceport for launch preparations.The Tianwen-2 spacecraft arrived at Xichang Satellite Launch Center in Sichuan province, southwest China, Feb. 20, according to a statement from the China National Space Administration (CNSA). CNSA stated vaguely that the launch is scheduled to be carried out in the first half of this year. The mission was previously stated by officials to launch around May 2025 on a Long March 3B rocket.Tianwen-2 will first target near-Earth asteroid Kamoʻoalewa (2016 HO3), considered a quasi-satellite of Earth due…