Anna's Daybreak News

_{Just facts, you think for yourself}

Monday, 5:17 AM

October 14, 2024

Good morning news friend! Keep up with the latest developments, staying connected to the fast-moving events shaping the world. 📰🌟

SpaceX's Starship Success

Yesterday, SpaceX’s 400-foot Starship rocket completed its fifth test flight successfully. Previous Starship test flights ended in failure.

Launched from Boca Chica, after a seven-minute ascent, the first-stage booster returned to the launch pad.

SpaceX's mechanical arms, called "chopsticks," caught the descending booster. This 232-foot stainless steel booster was gripped tightly. CEO Elon Musk celebrated, saying, “The tower has caught the rocket!!” 

Meanwhile, the upper part of the rocket reached 130 miles in space, traveling at speeds of 17,000 mph before landing safely in the Indian Ocean, where it sank as planned.

Source: Read More

Boeing Cuts 17,000 Jobs

The company plans to cut 17,000 jobs, about 10% of its workforce. This decision follows a strike by 33,000 workers that halted the production of its key jets.

Boeing expects to lose $5 billion in the third quarter. Analysts believe the strike is costing Boeing $1 billion each month.

The delay in the first deliveries of the 777X jet pushed its expected arrival to 2026. Boeing’s CEO, Kelly Ortberg, highlighted the need for structural changes to boost production quality and reduce costs.

Boeing also reported an additional $5 billion in new costs related to several commercial and defense programs.

Source: Read More

China’s Deflation 

China faces growing deflationary pressures. In September, consumer inflation eased to 0.4% year-on-year, down from 0.6% in August. This was below the expected 0.6% increase.

Producer prices dropped 2.8% year-on-year. The sharpest decline in six months. The previous month's decline was 1.8%, and analysts anticipated only a 2.5% drop.

Food prices did rise by 3.3%, but non-food prices fell by 0.2%. Analysts warn that industrial overcapacity and weak demand require attention. 

Finance Minister Lan Foan stated that more stimulus measures are forthcoming, but details remain unclear.

Source: Read More

US $2.2 Billion Arms Deals in the Middle East

The Biden administration approved a sale valued over $1 billion to Saudi Arabia. This includes Hellfire and Sidewinder missiles, along with artillery and ammunition.

The decision links to the ongoing conflict in Yemen. President Biden aims to pressure Saudi Arabia to end its war against Houthi rebels.

Additionally, the US proposed a $1.2 billion deal with the UAE. This package includes GMLRS guided-rocket systems and ATACMS missiles, along with training support.

RTX Corp. produces the Sidewinder missile, while Lockheed Martin makes the other arms.

Source: Read More

Unlocking Your DNA for $400

Nucleus Genomics, a startup, recently launched a service that analyzes your DNA. By using simple cheek swabs, customers receive reports on genetic variants, disease risks, and even traits like baldness.

Reports include polygenic risk scores for over 20 diseases and additional insights into longevity.

Sequencing your entire genome now costs $400, a drop from $10 million a couple of decades ago.

However, the accuracy of predictions remains uncertain. Current genome data lacks diversity, causing concerns about the reliability of risk scores.

Source: Read More

“Hatred is love with a typo somewhere in the computer code, correctable but hard to find”

Baked with love,

Anna Eisenberg ❤️