The Justice Department has cracked down on one of the world’s largest cyber criminal groups; and Southwest’s holiday debacle has cost the company hundreds of millions in losses. These stories and more highlight your daily rundown for the afternoon of Thursday, Jan. 26, 2023.  Rep. Adam Schiff announces bid for Senate Democratic Rep. Adam Schiff…

The new SpaceX prototype rocket is getting closer to liftoff and could signal a breakthrough in space exploration. The massive, fully-reusable Starship rocket, which could have its first test flight in a few months, was developed to take people and cargo to the moon and Mars. Starship is also expected to be used to launch…

New FTX CEO testifies before Congress; EU imposes first green tariff on goods; and a vaccine combo that lowers cancer risk. These stories and more highlight the midday rundown, aimed straight down the middle, for Tuesday, Dec. 13, 2022. FTX CEO testimony “The FTX group’s collapse appears to stem from absolute concentration of control in…

The United States Army’s Black Hawk helicopter has been the workhorse of the service for decades, transporting troops to and around battlefields. Warfare is changing, however, and the Army needs a new workhorse. This week, the Army announced Bell Textron won the Army’s competition to develop the Future Long-Range Assault Aircraft. Bell’s V-280 Valor beat…

Space is now just a little more crowded. This week, both the United States and China launched rockets as competition between the two nations intensifies. SpaceX’s Falcon Heavy launched satellites Tuesday from the Kennedy Space Center in Florida. China launched a module to complete its space station. Most of the details around Falcon Heavy’s payload…

Tyson Foods, one of the world’s largest meat producers, announced it would relocate about 1,000 corporate positions from the Chicago area and South Dakota to its headquarters in Springdale, Arkansas. The relocation, announced Wednesday, is set to begin early next year. “The move will foster closer collaboration, enhance team member agility and enable faster decision…

Tensions between the United States and China show no signs of cooling off. President Biden reiterated that the U.S. would defend Taiwan during an interview on “60 Minutes.” The Department of Defense has also cut off sales of key aviation technology to Beijing, a potentially devastating blow to the Chinese. Straight Arrow News contributor Peter…

On Sept. 16, 2022, a special master has been assigned to review documents seized at Mar-a-Lago; China has announced sanctions on Boeing and Raytheon after the U.S. approved the sale of weapons to Taiwan; and President Joe Biden will meet with the families of Brittney Griner and Paul Whelan on Friday. Special master appointed to…

A record 70% of U.S. firms reported paying higher wages the first quarter of 2022, according to a survey by the National Association for Business Economics. The April result represents the highest share of respondents in the survey’s 40-year history. It’s also the seventh consecutive survey where the number of respondents reporting higher wages increased.…

There’s a saying making the rounds these days in Russian oligarch sanction news: “Freezing is easy, seizing is hard.” The U.S., E.U. and U.K. have all levied sanctions against some of Russian President Vladimir Putin’s closest and richest allies over the Ukraine invasion. “We’re joining with our European allies to find and seize their yachts,…