Trump’s Weird New Rant About Robert E. Lee Contains A Baffling 3-Word Claim
Former President Donald Trump released a new statement on Wednesday praising Robert E. Lee, even as a statue of the Confederate general was taken down in Richmond, Virginia.
Trump said Lee is considered “the greatest strategist of them all,” a notion that is very much in dispute.
Trump, who has often come down on the side of the Confederacy, also declared that Lee would have singlehandedly won the Civil War, “except for Gettysburg.”
Trump’s critics on Twitter found that exception both bizarre and hilarious:
Moderna shares rise after company reveals single-shot vaccine booster for Covid and flu
Moderna said Thursday it's developing a single dose vaccine that combines boosters against Covid and the flu. Shares jumped 5% after the announcement.
"Today we are announcing the first step in our novel respiratory vaccine program with the development of a single dose vaccine that combines a booster against COVID-19 and a booster against flu," CEO Stéphane Bancel said in a statement Thursday. "We are making progress on enrolling patients in our rare disease programs, and we are fully enrolled in our personalized cancer vaccine trial. We believe this is just the beginning of a new age of information-based medicines."
Bancel previously said the company hoped to have a booster shot that would combine protection against both viruses.
— CNBC's Kevin Stankiewicz contributed reporting
This is a developing story. Check back for updates.
Byrna Expects Rise In Q3 Sales; Raises FY21 Revenue Guidance
Byrna Technologies Inc. (BYRN), a technology company specializing in personal, military, and law enforcement security devices, said on Thursday that it expects over 100 percent rise in its revenue for the third quarter of the current fiscal, driven primarily by higher e-commerce and physical sales. Owing to a strong demand, the firm has also raised its guidance for the fiscal year 2021.
The Andover-based hardware company expects revenue of $8.7 million for the August quarter, compared to $4.2 million, reported for the thirteen-week period ended in August 2020.
Following a rise in sales, Byrna has raised its revenue guidance for the fiscal year 2021 to the range of $40 – $42 million, against its previous projection range of $38 – $41 million.
Analysts, on average, expect the firm to report third-quarter revenue of $7.49 million, and annual revenue of $37.38 million.
Airlines lower forecasts, blaming rising Covid cases for weaker travel demand
- United, American and Southwest were among airlines that lowered financial estimates.
- The carriers warned bookings slowed amid the spread of the delta variant of Covid-19.
Several U.S. airlines on Thursday lowered their financial forecasts, citing weaker bookings amid a rise in Covid-19 cases in recent weeks.
United Airlines said weaker revenue will mean adjusted pre-tax losses in the third and fourth quarters of this year. The Chicago-based carrier in July said it expected to post pre-tax profits for that period. It plans to further trim capacity this year because of weaker demand.
American Airlines said its third-quarter sales will likely be down by as much as 28% compared with the same quarter of 2019.The company had previously forecast a 20% drop in revenue. American on Thursday also said it expects deeper negative profit margins. Southwest Airlines said it is also logging weaker bookings and higher cancellation rates.
Air travel generally falls in late summer as schools reopen, but airline executives in recent weeks have warned that the fast-spreading delta variant has exacerbated the drop in demand.
Covid cases and further delays for companies' plans to return to offices has cast doubts on business travel demand, a lucrative segment of air travel that usually picks up in the fall.
Blade Air Mobility To Acquire Trinity Air Medical – Quick Facts
Blade Air Mobility, Inc. (BLDE) has agreed to acquire Trinity Air Medical, a multi-modal organ logistics and transportation company. Blade will purchase 100% of the capital stock of Trinity for an upfront purchase price of approximately $23 million and potential additional contingent consideration.
“We expect the combination of Trinity’s substantial flight volume with Blade’s fast-growing MediMobility business to create the largest dedicated organ air transport company in the United States and enable us to secure more dedicated aircraft, resulting in better availability and pricing for the hospitals we collectively serve,” said Will Heyburn, Blade’s CFO.
Seth Bacon and Scott Wunsch will become CEO and COO of Blade MediMobility, respectively, and have agreed to five-year non-competition agreements.
Sean Spicer Throws A Hissy Fit On Newsmax After Jen Psaki’s Dig
Former White House press secretary Sean Spicer had a mini-tantrum on his Newsmax show Wednesday after current White House press secretary Jen Psaki suggested he was appointed to a Naval Academy board for political reasons. (Watch the clip below.)
President Joe Biden ousted Spicer, former Donald Trump adviser Kellyanne Conway and other late-term Trump appointees to military academy boards earlier in the day. All were asked to resign or face dismissal.
“I will let others evaluate whether they think Kellyanne Conway and Sean Spicer and others were qualified, or not political, to serve on these boards,” Psaki said. “But the president’s qualification requirements are not your party registration. They are whether you’re qualified to serve and whether you are aligned with the values of this administration.”
Spicer, responding in a fit of pique, accused Psaki of violating a “tradition” that press secretaries don’t comment on each other. “Don’t you DARE ever minimize or question my service to this nation! You got it?” Spicer said.
Spicer, who was a public affairs officer in the Navy and joined the Navy’s Reserve in 1999, might have missed Psaki’s mention of “whether you are aligned with the values of this administration.”
Earlier, Spicer defiantly proclaimed he would not resign and would join a lawsuit resisting his ouster.