As stated in paragraph 6 in General Terms of Auction for Treasury bonds, the Government Debt Management offered the equivalent of 10% of the nominal value sold in the auction 17. May, at the price of accepted bids.
Series | RIKB 27 0415 |
ISIN | IS0000036291 |
Additional issuance (nominal) | 0 |
Total outstanding (nominal) | 24,852,000,000 |
STORY: Boeing has found more quality problems on its jets. Reuters sources say the issues this time concern its 787 widebody planes. They say the aerospace giant has found hundreds of incorrectly tightened fasteners on some undelivered aircraft. The sources say the problem was discovered at plant in South Carolina, with the fasteners found to have been tightened from the wrong end. There is no immediate concern about flight safety, but one source says Boeing is trying to understand how the problem arose - and how much work it must do to remedy the issue.The company confirmed the checks to Reuters, and said there would be no impact on deliveries. Even so, it’s another concern for investors after a series of quality control issues at the company. Some of its big-selling 737 MAX jets were grounded for a time earlier this year after a midair blowout on one of the planes. The Federal Aviation Administration has blocked a plan to raise output of the model, while Boeing takes steps to ensure manufacturing quality. Regulators said they were aware of the new concerns regarding the 787, and would work with the company to determine appropriate action. Boeing shares are down around 30% this year amid all the problems.
A CCO who caught an employee secretly working a second job shares why he decided to fire them and why he thinks overemployment is "unethical."
It should have been a matchup for the ages. In the red corner, a disgraced former elected official who is currently facing criminal charges and a $148 million ruling against him in a defamation case. In the blue corner, the son of a sitting American president who’s just made history by being found guilty for lying about his illegal drug use when buying a gun.But the head-to-head battle of two of the most ignominious figures in American political life is no longer happening. Hunter Biden has agre
Asda is outsourcing more than a hundred staff to an Indian-based supplier in a move that has raised fears of job cuts, as the supermarket’s private equity owner strives to cut costs.
STORY: Elon Musk has won shareholder approval for his $56 billion pay package at Tesla. That’s a record sum in U.S. corporate history. The result of the shareholder vote was announced at the automaker’s annual general meeting in Austin, Texas. Though Musk had signaled his confidence hours earlier, posting on X that he was winning by a wide margin. The result does not mean he gets his money immediately, however. Musk still has to resolve a lawsuit over the pay package in a Delaware court. It was a judge there who first voided the payout, saying Tesla’s board had been “beholden” to the billionaire. Boston College Law School Professor Brian Quinn says there’s still a long road ahead for Musk: "What he really should be saying is, ‘I now have a piece of evidence that I can put before a judge to say that the judge should reinstate my stock option package’. This vote is\ not binding on the court. The stock option package as it currently stands has been voided. And they'll be litigating in the Delaware courts for the next few months to see if it can, if that will stand as is.”Quinn says Tesla will have to show that it was not coerced or improperly influenced by Musk. Some also expect fresh lawsuits to be filed, potentially dragging out the dispute for months more. However, shareholders will hope the vote keeps Musk focused on Tesla. In January, he had threatened to build AI and robotics products at his other companies if he didn’t get his way.On Thursday, shareholders also approved a plan to move Tesla’s legal home from Delaware to Texas. And they re-elected two board members: Musk’s brother Kimbal, and James Murdoch, son of media mogul Rupert Murdoch.
A recent flurry of forecasts offers us a range of different views on what’s happening to the global demand for, and use of, crude oil. One thing seems to be clear, however: the chances of net zero carbon emissions in the near term – ie, by 2050 – are basically zero.
Crown Prince Mohammed bin Salman is luring British lawyers to work on Saudi Arabia’s megaprojects with lavish perks such as free housing and the promise to pay their children’s private school fees.
The FAA accused Heather Wells of hitting a flight attendant and trying to open the cabin door before she was restrained with duct tape over her mouth.
Tesla shareholders on Thursday voted overwhelmingly in favor of restoring Musk's 10-year pay plan, valued by the company in April at $44.9 billion. It was worth more early in the year, but Tesla's stock value has fallen about 25% since then. The all-stock package, approved by the board and shareholders in 2018, rewards Musk for hitting milestones that include raising Tesla's market value, pretax income and revenue.
My wife is 76, born in 1948. She retired at full retirement age and currently collects $1,076 per month. I will be retiring and start collecting at 70 this year (I was born in 1954). When I collect $4,000+ per month does her monthly payment go up to spousal benefit automatically or does it have […] The post When I Claim My $4,000 Social Security, Will My Wife Automatically Get a Spousal Benefit? appeared first on SmartReads by SmartAsset.
It comes just after the billionaire dropped his own lawsuit against ChatGPT maker OpenAI of which he was an original investor.
The assault took place in the area of Grange Parade, Billericay at around 3.20pm on Tuesday
Potential class action could include 12,000 employees against Cupertino tech giant
The pandemic may have released us from the tyranny of the five-day-a-week office schedule. But the grip of America’s busy-work culture is proving harder to shake.
Are you part of the ‘achievement society’? Coined by Korean German philosopher Byung-Chul Han in his book The Burnout Society, which explores contemporary capitalist culture, being part of an achievement society manifests itself as an internal pressure to achieve, do more and be more by working more. The ‘work hard, play hard’ mindset has been…
The oil industry may have a reckoning on the horizon. According to a new report from the International Energy Agency, the world is headed towards a ludicrous surplus in oil supply that could see prices tumble and the industry's position falter — a forecast in no small part attributed to the growth in renewables. This […]
BMW's all-electric Mini made in China is set to be hit by the highest EV tariff of 38.1% under the EU's provisional plans, a source familiar with the matter said on Friday, a potential terminal blow for the mid-range car's sales prospects. Mass production of the roughly 35,000-euro ($37,345) vehicle, produced by a BMW and China's Great Wall Motor Co Ltd joint venture, began late last year - shortly after the EU launched its probe. With production still in early days, the JV was unable to fulfil the European Commission's survey to the level of detail required to be classed as a company cooperating with the investigation, the source said, declining to be named because discussions are private.
Recent college graduates are struggling to find work. Some could come to question the value of their college degree.
Dr Belinda Clarke, director of Agri-TechE, has been made an OBE for services to agri-technologies and farming in King Charles' birthday honours list.
Wall Street bank Wells Fargo has fired more than a dozen employees for allegedly faking being at their keyboards, as financial firms crack down on non-compliance among hybrid workers.
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