Public backs air travel as safe despite maintenance doubts
AP-NORC poll finds about 70 percent of U.S. adults view air travel as very or somewhat safe, though only around 20 percent are confident planes are properly maintained or free of structural faults. The study notes Alaska Airlines 737 incident and ongoing Boeing and FAA concerns.
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Associated Press-Norc Center For Public Affairs Research
Alaska Airlines
Oregon
Boeing
Federal Aviation Administration
Margaret Burke
Pensacola
Florida
Burke
California
Stocks push S&P 500 above 5000 as tech leads gains
U S stocks climbed on Friday with the S&P 500 closing at 5,026.61 after a 0.6 percent gain, its 10th record in less than a month. Nasdaq jumped 1.2 percent near its all time high while Dow dipped 0.1 percent. Nvidia Microsoft Amazon powered gains. PepsiCo and Expedia lagged on softer profits and forecast. Cloudflare surged 19.5 percent on strong results and a record renewal. Ariane Gorin announced as Expedia CEO in May. Take-Two fell 8.7 percent on weaker profit and dimmer forecast.
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Associated Press
IRS IG finds system leaks as 19 contractors kept access
A Treasury TIGTA report says the IRS did not suspend 19 contractors with unfavorable background checks, leaving access to sensitive systems. Four contractors were terminated. others resubmitted paperwork and received favorable checks. Authorities stress no taxpayer data were compromised.
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IRS Inspector General
IRS
Treasury Department
Inspector General For Tax Administration
Daniel Werfel
Associated Press
TIGTA
Charles Edward Littlejohn
Washington, D.C
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Littlejohn
New York Times
ProPublica
Trump
Jason Smith
House
Ways and Means Committee
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Inspector General
Biden targets chip growth with 5 billion center plan
The National Semiconductor Technology Center will be funded under the CHIPS Act to spur US research and training for advanced chips. Commerce Secretary Raimondo says AI and supply security drive demand and a series of funding announcements will follow. About 375,000 workers earn an average 82,830 in chip production.
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Washington
Biden Administration
National Semiconductor Technology Center
Chips and Science Act
United States
White House
Taiwan
Gina Raimondo
Raimondo
Labor Department
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