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Monday, November 18, 2024

Spirit Airlines filed for bankruptcy protection Monday, as mounting losses, unaffordable debt, increased competition for bargain-seeking airline passengers and the inability to merge with other airlines left it little choice. The airline said it will continue to operate as it restructures its debt. read more


Thursday, October 17, 2024

SACRAMENTO, California " Phillips 66 announced Wednesday that it will close its Los Angeles oil refinery next year, citing "long-term uncertainty" two days after Gov. Gavin Newsom signed a law clearing the way for new regulations on the state's refiners. The closure would knock out about 8 percent of refining capacity in a state that barely produces enough of its special-blend gasoline to meet demand from its 31 million gas-powered vehicles. read more


At the time, I was unaware of a full dossier with additional allegations, which led some to accuse the New York Times of withholding that information from me. However, the article clearly stated that it was my "initial reaction" to those allegations, not a complete analysis. Today, I reviewed the complete dossier prepared by Dr. Stefan Weber, whom I have covered before. I also performed a peer review of one of his papers in 2018. With this new information, while I believe the case is more serious than I commented to the New York Times, the overarching points remain. While there are problems with this work, the pattern points to sloppy writing habits, not a malicious intent to defraud. Is it problematic? Yes. But it's also not the wholesale fraud that many have claimed it to be. It sits somewhere between what the two sides want it to be. read more


Sunday, October 13, 2024

From posts about the presidential election to posts about Hurricane Helene and Federal Emergency Management Agency misinformation, the CCC found them substantial enough to block the Air Force's plan to give SpaceX permission to launch up to 50 rockets a year from the Vandenberg Air Force Base in Santa Barbara County. "Elon Musk is hopping about the country, spewing and tweeting political falsehoods and attacking FEMA while claiming his desire to help the hurricane victims with free Starlink access to the internet," Commissioner Gretchen Newsom said at the meeting in San Diego.


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