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Hollywood actors' union asks members to authorize possible strike
Hollywood actors' union asks members to authorize possible strike
By Lisa Richwine LOS ANGELES The board of Hollywood's actors union asked members on Thursday to give negotiators
2023-05-19 03:49
Pentagon accounting error could give Ukraine extra $3bn in US weapons
Pentagon accounting error could give Ukraine extra $3bn in US weapons
A massive accounting error by the US Defense Department could allow an extra $3bn in American-made weapons to be delivered to Ukraine’s defence forces in the coming months. Two senior American officials told Reuters on Thursday that the Pentagon had overestimated the value of ammunition, missiles and other military materiel that has already been sent to Kyiv, leaving a $3bn deficit between what was believed to have been delivered and what was actually delivered to arm Ukrainian forces in their fight against Russian invaders. “We’ve discovered inconsistencies in how we value the equipment that we’ve given,” said one of the officials, who added that Congress will soon be officially notified of the bookkeeping screw-up. One defence official also said it’s still possible that the amount by which the US has overvalued the aid packages it has already delivered could grow beyond the current $3bn estimate. The Pentagon officials who spoke to Reuters said the overvaluation was introduced into the process for assigning values to weapons being shipped to Ukraine when the Defense Department erroneously calculated totals using the estimated cost to replace the weapons that were being provided from existing US stockpiles. Instead, the Pentagon should have assigned monetary values based on the original cost of the weapons, minus value subtracted to account for depreciation in the years between the original purchase date and when they were taken out of the US inventory to be sent to Ukraine. The updated — and presumably lower — value of the defence aid packages that have already been provided to the Ukrainian government could give the Biden administration more time before it must ask Congress to authorise additional aid for Kyiv. To date, the Ukrainian government has benefited from approximately $21bn in American defence aid, including High Mobility Artillery Rocket System (HIMARS) launchers, Javelin anti-tank weapons and two Patriot surface-to-air missile batteries. Read More Ukraine war – live: Putin launches day-long barrage on Bakhmut but Kyiv ‘repels all’ Ukraine repels Russian forces in Bakhmut after overnight strikes on Kyiv
2023-05-19 03:48
10 Things to Remember About Memorial Day
10 Things to Remember About Memorial Day
Memorial Day arose from the tragedy of the Civil War. It's a time to remember the people who sacrificed their lives for their country.
2023-05-19 03:47
McCarthy and Schumer optimistic about the state of debt talks
McCarthy and Schumer optimistic about the state of debt talks
Two days after his second recent meeting in the Oval Office to discuss raising the debt ceiling, House Speaker Kevin McCarthy sounded positive about the direction of debt limit talks, telling CNN he sees how they can get to a deal and that he wants a bill on the floor next week.
2023-05-19 03:28
2023 NBA Mock Draft 8.0: Spurs win Wembanyama sweepstakes
2023 NBA Mock Draft 8.0: Spurs win Wembanyama sweepstakes
The San Antonio Spurs were big winners on lottery night; our latest NBA Mock Draft goes through Victor Wembanyama's presumed new home and every first-round pick.The 2023 NBA draft order is set after the lottery gods once again blessed the San Antonio Spurs with the No. 1 overall pick and a ...
2023-05-19 03:28
Why the Supreme Court tiptoeing past a key social media shield helps Big Tech
Why the Supreme Court tiptoeing past a key social media shield helps Big Tech
Google, Twitter, Facebook and other tech companies fueled by social media have dodged a legal threat that could have blown a huge hole in their business models
2023-05-19 03:28
U.S. Supreme Court dismisses dispute over Title 42 border expulsions
U.S. Supreme Court dismisses dispute over Title 42 border expulsions
By Andrew Chung The U.S. Supreme Court on Thursday dismissed a case in which Republicans sought to keep
2023-05-19 03:27
Mexico Halts Steepest-Ever Series of Interest Rate Hikes as Inflation Slows
Mexico Halts Steepest-Ever Series of Interest Rate Hikes as Inflation Slows
Mexico halted its steepest-ever series of interest rate rises and promised to keep them stable for an extended
2023-05-19 03:27
Disney scraps $867m Florida plan amid Ron DeSantis feud
Disney scraps $867m Florida plan amid Ron DeSantis feud
The company makes the decision amid an escalating legal battle with Florida Governor Ron DeSantis.
2023-05-19 03:22
Robert F. Kennedy Jr. picks former Rep. Dennis Kucinich as his campaign manager
Robert F. Kennedy Jr. picks former Rep. Dennis Kucinich as his campaign manager
Democratic presidential candidate Robert F. Kennedy Jr. has selected former Ohio Rep. Dennis Kucinich as his campaign manager.
2023-05-19 03:17
Canada proposes new bail bill despite lack of supporting data, minister says
Canada proposes new bail bill despite lack of supporting data, minister says
(Fixes typo in last paragraph) By Anna Mehler Paperny TORONTO Canada's government has introduced a bill seeking to
2023-05-19 02:59
Disney is scrapping plans for a new Florida campus
Disney is scrapping plans for a new Florida campus
Disney is scrapping plans to build a new campus that would have brought thousands of employees to Florida, citing "changing business conditions," according to a memo provided by a Disney spokesperson.
2023-05-19 02:54
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