Boeing is set to cut 17,000 jobs, approximately 10% of its global workforce, amid ongoing financial struggles and a month-long strike by 33,000 West Coast workers. The company is also delaying the first deliveries of its 777X jet by a year and expects to record $5 billion in losses for the third quarter of 2024.

Boeing CEO Kelly Ortberg addressed employees, stating that the job cuts are necessary to align the company's workforce with its financial reality. This downsizing will affect executives, managers, and general employees alike, as Boeing grapples with production halts of key aircraft models such as the 737 MAX, 767, and 777, due to the strike.

The strike, which began on September 13, has severely impacted Boeing’s production, and the company has filed an unfair labor practice charge against the machinists union for failing to negotiate in good faith. The financial strain from the work stoppage has been significant, with ratings agency S&P estimating that it is costing Boeing $1 billion per month, threatening the company’s prized investment-grade credit rating.

In addition to the layoffs, Boeing has delayed the delivery of its 777X jet to 2026, citing development challenges, flight-test pauses, and the ongoing strike. The company has also announced the end of its 767 freighter program by 2027, although it will continue producing the KC-46A Tanker.

Boeing faces further scrutiny as it awaits a Texas court decision on its offer to plead guilty to fraud as part of a deal with the U.S. Department of Justice. The planemaker has agreed to pay a $487.2 million fine, improve safety measures, and face three years of court-supervised probation.

Despite these setbacks, Boeing is exploring options to raise up to $10 billion through stock sales and other equity-like securities to stabilize its finances. The company currently has about $60 billion in debt and posted cash flow losses of over $7 billion in the first half of 2024. Analysts believe Boeing needs to raise between $10 billion and $15 billion to maintain its credit rating, which is now hovering just above junk status.

NEW YORK
Change in Voter Registration by Party since 2020
49 of 62 counties shift Republican, including 4 of 5 NYC boroughs
Shifts diluted by Automatic Voter Registration registering more non-partisans
Of note, last update is from 7 months ago. This will likely be much redder in the update just before the election given current circumstances and may shift all but a few counties.
New York will definitely be moving substantially to the right this year.

In her final statement at the People's Court of Ho Chi Minh City, property tycoon Truong My Lan tearfully expressed regret over the consequences of her actions, acknowledging the profound impact they have had on tens of thousands of families. Facing a life sentence for multiple charges, including fraudulent asset appropriation and money laundering, Lan reflected on the personal and professional price she has paid, calling it "too high."

Lan, the chairwoman of Van Thinh Phat, highlighted her aspirations for her company, including plans to develop social housing, build international hospitals, and provide education for low-income students. These ambitions remain unfulfilled, which she attributed to what she described as her "destiny" and "career accident."

While Lan maintained that she never intended to defraud anyone, she acknowledged her mistakes and asked the court for leniency, hoping that her past contributions, particularly during the Covid-19 pandemic, would be recognized. She referenced her efforts in securing 50 million vaccine doses for Vietnam as part of her contributions to society.

Lan also argued that she should not be solely held responsible for the crimes, suggesting that the legal charges had split her into multiple "versions" of herself. She sought reduced sentences for her co-defendants, including her husband Eric Chu, her niece Truong Hue Van, and her sister-in-law Ngo Thanh Nha, all of whom were involved in the fraudulent activities.

The court is scheduled to reconvene on October 17 for sentencing. This is Lan's second trial this year, following a previous case in April where she was sentenced to death for embezzling VND 677 trillion from Saigon Commercial Bank (SCB). She has since appealed that verdict.

The conflict between Ukraine and Russia continues to escalate, particularly on the Kupiansk front. Russian forces launched a significant motorized attack aiming to breach Ukrainian defenses and capture key locations near the Oskil River. Despite their efforts, Ukrainian troops, bolstered by UAV reconnaissance, mounted a strong defense and successfully thwarted the Russian advance.

Two major Russian columns, totaling around fifty vehicles, faced fierce resistance. The 77th Air Mobile Brigade and the 92nd Mechanized Brigade executed coordinated strikes, utilizing precision-guided missiles and kamikaze drones, resulting in substantial Russian losses. Reports indicated that 97 Russian soldiers were killed and numerous vehicles destroyed.

As winter approaches, concerns grow about the impact of weather on military operations, prompting speculation about potential changes in Russian strategies. The ongoing battles highlight the importance of technology and tactical innovation in modern warfare, underscoring how these factors shape the conflict's trajectory.

Russian army wiped out from Ukraine map today: Ukrainians Trapped Russian Convoy!

A group of Russian motorcycle-riding troops attempted to reach and assault Ukrainian positions, but ending up being wiped out by the RYBAK unit of the 65th Mechanized Brigade near the village of Robotyne in the Zaporizhzhia region

The Rubak Unit: the Bane of the Russians



Bringing you all the latest daily news and updates, TVP World is Poland's first English-language channel where you can find world news as seen from the Polish perspective and the latest news from the CEE region. Follow us on Twitter, Facebook, Instagram.

Today, Chechen Warlord Ramzan Kadyrov announced he was the target of a Russian Assassination plot against his life. Kadyrov has announced a "Blood Feud" against several Russian lawmakers as tensions rise between Russia and Chechnya.

We also have video evidence of a MASSIVE Ukrainian drone strike on a crucial Russian airbase with major damage reported on Russia's military facilities. Also the oil depot fire in Crimea continues to burn for the fourth day as Russian firefighters fail to extinguish the fire.

We also get more evidence of North Korea's involvement in the Ukraine war as we receive reports that North Korean soldiers may be fighting both on the frontlines and in support roles to assist Russia's military. We also receive news from the Middle-East that Israel's war cabinet is meeting once again today to decide on how to respond to Iran's recent attack.

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Russia ATTEMPTS To Assassinate Chechen Ramzan Kadyrov; MAJOR Airbase Strike

According to the latest WWF Living Planet Index, wild populations of monitored animal species have seen a dramatic decline of over 70% in the last 50 years, with the loss being as high as 95% in biodiversity-rich regions like Latin America and the Caribbean. This report, tracking 35,000 populations of more than 5,000 species, highlights the accelerating damage caused by human activities, including habitat degradation, deforestation, overexploitation, invasive species, and climate change.

The report underscores that these declines are not only catastrophic for wildlife but also threaten the ecosystems vital for human survival. Experts warn of approaching tipping points that could cause irreversible harm, such as the deforestation of the Amazon turning it from a carbon sink into a carbon source, exacerbating climate change.

Freshwater species have seen the steepest population declines, followed by terrestrial and marine species. While some areas, like Europe and North America, have experienced slower declines thanks to conservation efforts and reintroduction programs (such as for the European bison), the global trend remains "incredibly concerning."

Despite these alarming statistics, the WWF emphasizes that all is not lost, pointing to international agreements, such as the 2022 UN pact to protect 30% of the planet by 2030, as steps toward reversing this trend. However, there is a growing concern that the goals set for 2030 could be missed without significant action.

Criticism has been raised about the WWF's methodology, with some scientists arguing that the decline may be overstated. However, WWF remains confident in the robustness of its data, supported by multiple indicators of ecosystem health.

Hurricane Milton, which has regained strength as a Category 5 storm, is causing widespread panic and preparation in Florida, especially around the Tampa Bay area. With sustained winds of 165 mph (265 kph), it poses a severe threat as it approaches landfall, expected Wednesday night. Florida authorities, including Governor Ron DeSantis, have mobilized extensive resources to clear debris and prepare the region for storm surges, high winds, and possible tornadoes. Over 5.9 million people in 11 counties are under mandatory evacuation orders, while many residents brace themselves, boarding up homes and securing essentials.

The storm's trajectory remains uncertain, but its impact will be devastating across central Florida. Residents are urged to evacuate locally, avoiding long-distance travel to reduce traffic and fuel shortages. Tampa Bay, in particular, has not seen a major hurricane since 1921, raising fears of unprecedented damage, especially from storm surges potentially as high as 15 feet. These surges could flood entire homes, prompting increasingly dire warnings from local officials like Tampa Mayor Jane Castor.

As Milton advances, its development reflects a concerning trend in stronger hurricanes fueled by climate change, following close on the heels of Hurricane Helene. While some residents have opted to "tough it out," others scramble to evacuate, with fuel lines growing and flights canceled. Federal and state authorities have positioned FEMA personnel and supplies to assist in the aftermath, but first responders will not be available during the height of the storm for those who remain behind.