Death Of Hollywood In Two Charts

Iranian officials are in negotiations with members of the Gulf Cooperation Council (GCC) about creating a system to charge fees for ships transiting the Strait of Hormuz.  According to the Wall Street Journal, Iran is seeking to impose a toll on vessels entering and exiting the Persian Gulf similar to how Turkey taxes ships transiting […]

Max'd Out Again: FAA Proposes Inspections For Hundreds Of Boeing 737 Planes Over Seat Installations Authored by Naveen Athrappully via The Epoch Times, The Federal Aviation Administration (FAA) is proposing an inspection of hundreds of seats installed in Boeing 737 Max aircraft due to safety concerns. The FAA proposed adopting a new airworthiness directive for three 737 Max models—737-8, 737-9, and 737-8200, the agency said in a notice published in the Federal Register on July 27. An airworthiness directive is a legally enforceable regulation issued by the FAA to correct what it deems...

Elon Musk Reaches $1.5 Million Settlement With SEC Over Twitter Stake Authored by Aldgra Fredly via The Epoch Times, Tech billionaire Elon Musk on May 4 agreed to pay $1.5 million to resolve a Securities and Exchange Commission (SEC) lawsuit alleging he violated securities laws over the delayed disclosure of his Twitter stake. A filing dated May 4 states that Musk’s revocable trust will pay a civil penalty of $1.5 million to the commission as part of the settlement, subject to approval by the court. According to the filing, once the proposed settlement...