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New accountability report finds NASA has been paying Boeing huge bonuses for failing -

New accountability report finds NASA has been paying Boeing huge bonuses for failingBetween its various ongoing Mars missions, orbiters studying asteroids and other planets, and a Moon trip on the horizon, NASA spends a lot of money. Boeing, which has contracts with NASA to build the rocket for its Space Launch System (SLS) is a big recipient of that cash, and a new government accountability report reveals that NASA has not only been paying more and more despite Boeing falling way behind on its deadlines, it's actually also been paying the company bonuses for its performance. As Ars Technica explains, the new government report is somewhat troubling, especially when you consider that the SLS program has now fallen well behind schedule. The Space Launch System has been in the works since the early 2010s and is designed to give NASA the power it needs to launch missions to the Moon and Mars. For starters, NASA just wants it to send an empty Orion spacecraft around the Moon, but those plans have had to be delayed since the rocket simply won't be ready in time. NASA has apparently been fudging the numbers a bit with regards to how much the whole program is going to cost, and while the agency already acknowledged cost overruns totaling around a billion dollars, the reality is even worse: > While NASA acknowledges about $1 billion in cost growth for the SLS program, it is understated. This is because NASA shifted some planned SLS scope to future missions but did not reduce the program’s cost baseline accordingly. When GAO reduced the baseline to account for the reduced scope, the cost growth is about $1.8 billion.Oof. On top of that, the report reveals that NASA has been paying Boeing what amounts to performance bonuses for its role in the program. Audits of the company's performance on the SLS rocket have received several positive ratings from NASA assessors, leading to "award fees" of $271 million to be paid to the company. > NASA paid over $200 million in award fees from 2014-2018 related to contractor performance on the SLS stages and Orion spacecraft contracts. But the programs continue to fall behind schedule and overrun costs.Lovely.


Wed, 19 Jun 2019 16:43:30 -0400

Meghan McCain hurls harsh words at Joy Behar on 'The View' but it doesn't affect friendship -

Meghan McCain hurls harsh words at Joy Behar on 'The View' but it doesn't affect friendship"... Women can debate on TV in a spirited way without it being personal," Meghan McCain said after directing an expletive at "View" co-host Joy Behar.


Wed, 19 Jun 2019 16:40:58 -0400

Dell, HP, Intel and Microsoft Join Forces to Oppose Trump Tariff -

Dell, HP, Intel and Microsoft Join Forces to Oppose Trump Tariff(Bloomberg) -- Dell Technologies Inc., HP Inc., Intel Corp. and Microsoft Corp. are joining forces to oppose President Donald Trump’s proposed tariffs on laptop computers and tablets among $300 billion in Chinese goods targeted for duties.The companies submitted joint comments opposing the tariff escalation, saying it would hurt consumer products and industry, while failing to address China’s trade practices. The tariffs are poised to hit during the peak holiday and back-to-school sales period, they said.“The tariffs will harm U.S. technology leaders, hindering their ability to innovate and compete in a global marketplace,” the companies said in comments posted online.Dell, HP, and Microsoft said they account for about half of the notebooks and detachable tablets sold in the U.S. Prices for laptops and tablets will increase by at least 19% -- about $120 for the average retail price of a laptop -- if the proposed tariffs are implemented, according to a study released this week by the Consumer Technology Association.The companies said they spent a collective $35 billion on research and development in 2018 alone, and tariff costs would divert resources from innovation while providing “a windfall” to manufacturers based outside the U.S. that are less dependent on American sales.The Trump administration is considering public comments on the proposed duties and hearing testimony from more than 300 U.S. companies and trade groups through June 25. The tariffs could be imposed after a rebuttal period ends July 2.The U.S. and China said their presidents will meet in Japan next week to relaunch trade talks after a month-long stalemate.To contact the reporter on this story: Mark Niquette in Columbus at mniquette@bloomberg.netTo contact the editors responsible for this story: Sara Forden at sforden@bloomberg.net, Sarah McGregor, Robert JamesonFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.


Wed, 19 Jun 2019 16:00:00 -0400

Biden under fire for recalling 'civility' with racist senators -

Biden under fire for recalling 'civility' with racist senatorsJoe Biden drew condemnation Wednesday from fellow Democratic presidential contenders and demands for an apology after he defended his old-fashioned political style by recalling the "civility" with which he treated two segregationist US senators. Speaking at a New York fundraiser Tuesday, the ex-vice president and frontrunner for the Democratic nomination told donors that fixing America's "broken" political system would require working across the political aisle to reach consensus with lawmakers with opposing positions, even unrepentant bigots. Biden, who spent more than three decades in the US Senate, named late senators James Eastland of Mississippi and Herman Talmadge of Georgia, both Democrats who fiercely opposed desegregation, as opponents who were in his own party when he entered the chamber in 1973.


Wed, 19 Jun 2019 15:44:41 -0400

As Gulf tensions rise, Israel's Netanyahu warns 'enemies' -

As Gulf tensions rise, Israel's Netanyahu warns 'enemies'With tensions rising between Israel's ally the US and its archfoe Iran, Prime Minister Benjamin Netanyahu warned the Jewish state's enemies not to test it Wednesday, his office said. "I hear our neighbours from the north, south and east threatening our destruction," Netanyahu said in a statement released by his office after he observed a large-scale military excercise in the north of the country. "I say to our enemies: The Israeli army has very great destructive power.


Wed, 19 Jun 2019 12:50:20 -0400


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