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On February 11, two Democratic governors—Wes Moore of Maryland and Jared Polis of Colorado—announced that they had been removed from invitations to a White House dinner. The dinner was part of the National Governors Associations winter meeting, a bipartisan organization of 50 governors from across the country, originally scheduled to take place in Washington, D.C., from February 19-21. White House Press Secretary Levitt defended the event, stating, "This is the peoples house, and its the presidents house, so he can invite whoever he wants to the White House for dinners and events." The annual governors gathering is a rare bipartisan event in Washington, D.C., but Trumps decision to exclude Democrats from certain events has thrown the meeting into disarray. The National Governors Association stated that it will not assist in holding formal meetings at the presidential residence unless all governors are invited. On Tuesday, 18 Democratic governors also announced they would boycott dinners with Trump.February 11 – A Boeing (BA.N) executive stated at a conference north of Seattle that Boeing plans to increase monthly production of its core 737 family of aircraft to 63 aircraft within the next few years. Katie Ringgold, Boeings 737 program manager, said Tuesday at the Pacific Northwest Airlines Conference that the company has installed tooling to support the new 737 final assembly line in a traditional wide-body aircraft factory and is recruiting mechanics and engineers, preparing to begin production by mid-year. She indicated that production of the narrow-body aircraft should increase by approximately 15% over the next 18 months. Maintaining a steady recovery in 737 production is crucial for Boeing to turn around its financial situation and repay its debts; the aircraft is a key source of revenue for Boeing.Sources say Total Energy has acquired 100% ownership of the Zeeland refinery, which was previously co-owned by Russias Lukoil.According to Punchbowl: U.S. Treasury Secretary Bessent has postponed his meeting with Republican finance lawmakers.Boeing executives: Boeing 737 MAX suppliers should prepare for a 15% rate increase within the next 18 months.

Twitter Shares Fall as Musk's $44 Billion Take-Private Deal Faces "Serious Danger"

Charlie Brooks

Jul 08, 2022 11:08


During Thursday's after-hours trade, it was reported that Twitter's $44 billion take-private plan with Elon Musk is in "serious danger" as a result of Musk's decision to pull back fundraising efforts owing to continuous worries over spam accounts.


After-hours trading for Twitter Inc (NYSE:TWTR) declined by more than 3 percent following the news.d


According to unnamed sources cited by the Washington Post, Musk and his team suspended fundraising efforts for the acquisition after concluding that Twitter's data on spam accounts are unverifiable.


Twitter has stated that it deletes over 1 million spam accounts everyday and believes that bot accounts account for less than 5% of its user base. In an attempt to allay Musk's concerns, the social media behemoth has recently disclosed a plethora of data, but Musk's team remains skeptical and believes "they do not have enough information to analyze Twitter's financial prospects," according to a report citing sources.