New York Times

Why China's Growing Debt Load Worries the World
New York Times
Workers at a steel factory in Dalian, China. As China's stunning economic performance over recent decades has become difficult to sustain, the country has used debt to fuel growth. Credit China Daily/Reuters. Moody's Investors Service downgraded its
Why China may be headed for a massive bank bailoutBusiness Insider
China's Bill Will Have to Be PaidBloomberg
Can investors afford to shrug off China's credit downgrade?MarketWatch
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CNBC

Asian markets mostly higher after Fed minutes; oil prices up ahead of OPEC meeting
CNBC
Markets were mostly higher on Thursday after U.S. Federal Reserve May meeting minutes indicated an unwinding of its balance sheet likely towards year-end and as investors look ahead to an OPEC gathering widely expected to extend output cuts.
Asia shares race to two-year high as Fed signals no rush to tightenReuters
Morning News Call – India, May 25Business Insider
Fed Sounds Cautious Note but Doesn't Deter Forecast of Rate IncreaseNew York Times
Seeking Alpha –New York Daily News –Bloomberg –Omaha World-Herald
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DefenseNews.com

Boeing to build hypersonic spaceplane
DefenseNews.com
The Defense Advanced Research Projects Agency.selected Boeing to design its Experimental Spaceplane, or XS-1, a new class of hypersonic aircraft that would can launch to low Earth orbit in days, rather than months or years, the agency announced …
Boeing, DARPA to build prototype spaceplaneBusiness Insider
DARPA selects Boeing for spaceplane projectSpaceNews
Boeing and DARPA are developing an experimental spaceplane with Aerojet Rocketdyne engines (Video)Puget Sound Business Journal (Seattle)
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Los Angeles Times

TSA is taking a closer look at LAX passengers' electronic devices
Los Angeles Times
The Transportation Security Administration has been quietly testing a new screening procedure that more closely examines electronic devices in carry-on bags at LAX and nine other airports. Under the test screening process, passengers passing through
TSA to tighten screening of electronics at select airportsCNBC
The TSA is testing new ways to make airport security even worseThe Verge
TSA may ask you to unpack tablets and cluttered carry-on bagsEngadget
WTVD-TV –KTLA –Mashable –WCVB Boston
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Bloomberg

Former Ford CEO Mark Fields Could Walk Away With $57.5 Million
Bloomberg
Former Ford Motor Co. Chief Executive Officer Mark Fields, ousted by the board after the automaker's stock declined 37 percent on his watch, could walk away with about $57.5 million in compensation. The largest portion of the ex-CEO's payout is in
Howes: Team Hackett must target clarity, complacencyThe Detroit News
Why an office furniture CEO got the top job at one of America's biggest automakersWashington Post
The US auto industry is under assault from fake newsBusiness Insider
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Los Angeles Times

Slaughterhouses and sawmills had better safety records than Tesla, but the company says it's improving
Los Angeles Times
Elon Musk is moving as fast as he can to replace human workers with robots, but right now he's dealing with some serious flesh-and-blood issues. Tesla Motors Inc., the electric car company he runs, is under fire for its record on workplace safety.
A new report slams Tesla working conditions, claims employees have suffered twice as many serious injuriesBusiness Insider
Labor Group Says Tesla Plant's Worker Injury Rate Tops Industry AverageForbes
Injury rates at Tesla's auto factory were 31 percent higher than the industry average, report findsThe Verge
SFGate –Phys.Org –CNET –MarketWatch
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CNBC

Bitcoin surges to record above $2500, bringing 2017 gain to more than 150%
CNBC
The latest move higher followed an announcement from the Digital Currency Group that encouraged investors about the future of bitcoin. The digital currency's more than 150 percent surge this year is far more than traditional safety assets. Evelyn Cheng
Cryptocurrency Mania Goes Beyond BitcoinBloomberg
Bitcoin just scaled another recordBusiness Insider
If you'd bought $1000 of Bitcoin in 2010, you'd be worth $35MArs Technica
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Reuters

Sterling slips after Manchester blast, euro steady, stocks advance
Reuters
An ambulance drives away from the Manchester Arena, where U.S. singer Ariana Grande had been performing, in Manchester. REUTERS/Andrew Yates. By Nichola Saminather | SINGAPORE. SINGAPORE Sterling slipped on Tuesday after a suspected …
The Australian dollar continues to climb against the greenbackBusiness Insider
Forex – Yen gains on safe-haven demand after deadly blast at ManchesterNasdaq
Pound sags vs yen after Manchester blast, euro at six-month highsNew York Daily News

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San Francisco Chronicle

Disruptive passenger in Trump cap delays Shanghai flight
San Francisco Chronicle
FILE – In this July 8, 2015, file photo, United Airlines planes are seen on the tarmac at the George Bush Intercontinental Airport in Houston. United Airlines says a disruptive passenger on a flight from Shanghai to New Jersey was asked to get off
United Flight Makes Unscheduled Stop at SFO Due to Unruly Passenger | NBC Bay AreaNBC Bay Area

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CNNMoney

Panicked student loan borrower: 'I've changed my life based on their promise'
CNNMoney
More than 400,000 people have planned their careers and financial futures around the Public Service Loan Forgiveness program. With the promise of debt forgiveness after 10 years of payments, the government program has allowed some people to return to …
Beware offers of student loan debt reliefKSDK
Budget Seeks End to Subsidized Student Loans, ForgivenessU.S. News & World Report
Former ITT Tech students got promise of help, then silenceIndianapolis Star

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