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General Motors Jobs Touted by Trump Were in Works for Years

Posted on: January 17th, 2017 by ABC News No Comments

Bill Pugliano/Getty Images(NEW YORK) — Plans announced Tuesday by automotive giant General Motors to add or keep 7,000 American jobs and invest $1 billion in United States manufacturing — later touted by President-elect Donald Trump on Twitter as part of a “big jobs push back into the U.S.” — were actually “years in the making,” according to the company.

In a statement, GM said the investments will “cover multiple new vehicle, advanced technology and component projects,” culminating in 1,500 of the jobs, a combination of new and existing positions. The Detroit-based manufacturer said it also intends to shift some production work from Mexico back to the U.S.

The timing of the announcement raised suggestions that claims by Trump contributed to the company’s actions. Throughout his presidential campaign and ensuing transition, Trump made the collapse of American manufacturing and outsourcing of jobs — particularly to Mexico and China — a focal point of his platform and his administration’s plans.

Just two weeks ago, Trump criticized GM — whose brands include Chevrolet, Buick, GMC and Cadillac — on Twitter, writing that the company was “sending Mexican made model of Chevy Cruze to U.S. car dealers-tax free across border,” and threatened a tariff if it did not choose to make the cars in the U.S.

General Motors is sending Mexican made model of Chevy Cruze to U.S. car dealers-tax free across border. Make in U.S.A.or pay big border tax!

— Donald J. Trump (@realDonaldTrump) January 3, 2017

But a GM spokesperson said that “product development decisions are made well in advance” and that “[Tuesday’s] announcement is no different.”

When questioned what role Trump played in the development, the spokesperson added that “all of the decisions behind [Tuesday’s] announcement are good business decisions and they have been in the works for some time.”

Nevertheless, over two tweets this morning, Trump appeared to take credit for the action. “With all of the jobs I am bringing back into the U.S. (even before taking office), with all of the new auto plants coming back into our….. country and with the massive cost reductions I have negotiated on military purchases and more, I believe the people are seeing ‘big stuff,'” he wrote.

With all of the jobs I am bringing back into the U.S. (even before taking office), with all of the new auto plants coming back into our…..

— Donald J. Trump (@realDonaldTrump) January 17, 2017

country and with the massive cost reductions I have negotiated on military purchases and more, I believe the people are seeing "big stuff."

— Donald J. Trump (@realDonaldTrump) January 17, 2017

This afternoon, he specifically called attention to GM’s announcement in an additional tweet, writing, “Thank you to General Motors… for starting the big jobs push back into the U.S.!”

Thank you to General Motors and Walmart for starting the big jobs push back into the U.S.!

— Donald J. Trump (@realDonaldTrump) January 17, 2017

In reference to a Trump tweet from January 3, GM said that Tuesday’s “announcement has no bearing on the Cruze.” The company previously insinuated that the president-elect’s tweet was factually incorrect, saying it assembles the Cruze sedan in the United States for the domestic market and the hatchback version in Mexico for foreign markets.

Despite Trump’s previous criticism, domestic job creation and investment are not entirely new developments for the company. In the release, GM notes that it announced a previous $2.9 billion investment in 2016 and has put $21 billion into its domestic operations since 2009.

Further, in the last four years, the company has “created 25,000 jobs in the U.S.” and “added nearly $3 billion in annual wages and benefits to the U.S. economy,” according to their statement.

“As the U.S. manufacturing base increases its competitiveness, we are able to further increase our investment, resulting in more jobs for America and better results for our owners,” said GM Chairman and CEO Mary Barra in a press release. “The U.S. is our home market and we are committed to growth that is good for our employees, dealers, and suppliers and supports our continued effort to drive shareholder value.”

Back in December however, GM said it would reduce its workforce by 1,300 at a plant in Detroit come March 2017, and would temporarily cut production at additional U.S. factories in January.

Copyright © 2017, ABC Radio. All rights reserved.

General Motors Jobs Touted by Trump Were in Works for Years

Posted on: January 17th, 2017 by ABC News No Comments

Bill Pugliano/Getty Images(NEW YORK) — Plans announced Tuesday by automotive giant General Motors to add or keep 7,000 American jobs and invest $1 billion in United States manufacturing — later touted by President-elect Donald Trump on Twitter as part of a “big jobs push back into the U.S.” — were actually “years in the making,” according to the company.

In a statement, GM said the investments will “cover multiple new vehicle, advanced technology and component projects,” culminating in 1,500 of the jobs, a combination of new and existing positions. The Detroit-based manufacturer said it also intends to shift some production work from Mexico back to the U.S.

The timing of the announcement raised suggestions that claims by Trump contributed to the company’s actions. Throughout his presidential campaign and ensuing transition, Trump made the collapse of American manufacturing and outsourcing of jobs — particularly to Mexico and China — a focal point of his platform and his administration’s plans.

Just two weeks ago, Trump criticized GM — whose brands include Chevrolet, Buick, GMC and Cadillac — on Twitter, writing that the company was “sending Mexican made model of Chevy Cruze to U.S. car dealers-tax free across border,” and threatened a tariff if it did not choose to make the cars in the U.S.

General Motors is sending Mexican made model of Chevy Cruze to U.S. car dealers-tax free across border. Make in U.S.A.or pay big border tax!

— Donald J. Trump (@realDonaldTrump) January 3, 2017

But a GM spokesperson said that “product development decisions are made well in advance” and that “[Tuesday’s] announcement is no different.”

When questioned what role Trump played in the development, the spokesperson added that “all of the decisions behind [Tuesday’s] announcement are good business decisions and they have been in the works for some time.”

Nevertheless, over two tweets this morning, Trump appeared to take credit for the action. “With all of the jobs I am bringing back into the U.S. (even before taking office), with all of the new auto plants coming back into our….. country and with the massive cost reductions I have negotiated on military purchases and more, I believe the people are seeing ‘big stuff,'” he wrote.

With all of the jobs I am bringing back into the U.S. (even before taking office), with all of the new auto plants coming back into our…..

— Donald J. Trump (@realDonaldTrump) January 17, 2017

country and with the massive cost reductions I have negotiated on military purchases and more, I believe the people are seeing "big stuff."

— Donald J. Trump (@realDonaldTrump) January 17, 2017

This afternoon, he specifically called attention to GM’s announcement in an additional tweet, writing, “Thank you to General Motors… for starting the big jobs push back into the U.S.!”

Thank you to General Motors and Walmart for starting the big jobs push back into the U.S.!

— Donald J. Trump (@realDonaldTrump) January 17, 2017

In reference to a Trump tweet from January 3, GM said that Tuesday’s “announcement has no bearing on the Cruze.” The company previously insinuated that the president-elect’s tweet was factually incorrect, saying it assembles the Cruze sedan in the United States for the domestic market and the hatchback version in Mexico for foreign markets.

Despite Trump’s previous criticism, domestic job creation and investment are not entirely new developments for the company. In the release, GM notes that it announced a previous $2.9 billion investment in 2016 and has put $21 billion into its domestic operations since 2009.

Further, in the last four years, the company has “created 25,000 jobs in the U.S.” and “added nearly $3 billion in annual wages and benefits to the U.S. economy,” according to their statement.

“As the U.S. manufacturing base increases its competitiveness, we are able to further increase our investment, resulting in more jobs for America and better results for our owners,” said GM Chairman and CEO Mary Barra in a press release. “The U.S. is our home market and we are committed to growth that is good for our employees, dealers, and suppliers and supports our continued effort to drive shareholder value.”

Back in December however, GM said it would reduce its workforce by 1,300 at a plant in Detroit come March 2017, and would temporarily cut production at additional U.S. factories in January.

Copyright © 2017, ABC Radio. All rights reserved.

US Stocks Close Lower After Trump’s Dollar Comments

Posted on: January 17th, 2017 by ABC News No Comments

iStock/Thinkstock(NEW YORK) — Investors appear to be uneasy ahead of the inauguration of President-elect Donald Trump as stocks closed lower after the holiday weekend.

The Dow slid 58.96 (-0.30 percent) to finish at 19,826.77.

The Nasdaq gave up 35.39 (-0.63 percent) to close at 5,538.73, while the S&P 500 finished at 2,267.89, down 6.75 (-0.30 percent) from its open.

Crude oil prices, about $52.5 a barrel, gained under 1 percent.

Donald Trump: In an interview with the Wall Street Journal, Trump said the U.S. dollar is “too strong,” causing the dollar to slide about 1 percent Tuesday. The president-elect told WSJ that because China was keeping its yuan weaker, “companies can’t compete with [China] now because our currency is too strong. And it’s killing us.”

Winners and Losers: Wal-Mart Stores Inc soared 2 percent after announcing it would create about 10,000 jobs in the U.S.

Shares for Tiffany & Co. tumbled about 2.5 percent on news of lower sales, including a 14 percent decline at its flagship store on Fifth Avenue in New York, near Trump Tower. The luxury jeweler retailer attributed the loss “at least partly to post-election traffic disruptions.”

Copyright © 2017, ABC Radio. All rights reserved.

US Stocks Close Lower After Trump’s Dollar Comments

Posted on: January 17th, 2017 by ABC News No Comments

iStock/Thinkstock(NEW YORK) — Investors appear to be uneasy ahead of the inauguration of President-elect Donald Trump as stocks closed lower after the holiday weekend.

The Dow slid 58.96 (-0.30 percent) to finish at 19,826.77.

The Nasdaq gave up 35.39 (-0.63 percent) to close at 5,538.73, while the S&P 500 finished at 2,267.89, down 6.75 (-0.30 percent) from its open.

Crude oil prices, about $52.5 a barrel, gained under 1 percent.

Donald Trump: In an interview with the Wall Street Journal, Trump said the U.S. dollar is “too strong,” causing the dollar to slide about 1 percent Tuesday. The president-elect told WSJ that because China was keeping its yuan weaker, “companies can’t compete with [China] now because our currency is too strong. And it’s killing us.”

Winners and Losers: Wal-Mart Stores Inc soared 2 percent after announcing it would create about 10,000 jobs in the U.S.

Shares for Tiffany & Co. tumbled about 2.5 percent on news of lower sales, including a 14 percent decline at its flagship store on Fifth Avenue in New York, near Trump Tower. The luxury jeweler retailer attributed the loss “at least partly to post-election traffic disruptions.”

Copyright © 2017, ABC Radio. All rights reserved.

Boeing CEO Meets with Donald Trump

Posted on: January 17th, 2017 by ABC News No Comments

Spencer Platt/Getty Images(NEW YORK) — Boeing CEO and chairman Dennis Muilenburg says he had an “excellent conversation” with President-elect Donald Trump at Trump Tower in New York Tuesday.

Speaking to reporters following the meeting, Muilenburg said the two discussed ways to simplify requirements for Air Force One “to make a better plane at a lower cost.” He also praised the job Trump is doing to help U.S. business and manufacturing.

“I think Mr. Trump is doing a great job in engaging in business,” Muilenburg said. “We’re all on the same page here. Our objective is to provide the best capability for our country most affordably. We want to generate jobs in the U.S.”

He added, “I think Mr. Trump’s engagement with industry is going to help us grow manufacturing jobs in this country.”

Copyright © 2017, ABC Radio. All rights reserved.

Boeing CEO Meets with Donald Trump

Posted on: January 17th, 2017 by ABC News No Comments

Spencer Platt/Getty Images(NEW YORK) — Boeing CEO and chairman Dennis Muilenburg says he had an “excellent conversation” with President-elect Donald Trump at Trump Tower in New York Tuesday.

Speaking to reporters following the meeting, Muilenburg said the two discussed ways to simplify requirements for Air Force One “to make a better plane at a lower cost.” He also praised the job Trump is doing to help U.S. business and manufacturing.

“I think Mr. Trump is doing a great job in engaging in business,” Muilenburg said. “We’re all on the same page here. Our objective is to provide the best capability for our country most affordably. We want to generate jobs in the U.S.”

He added, “I think Mr. Trump’s engagement with industry is going to help us grow manufacturing jobs in this country.”

Copyright © 2017, ABC Radio. All rights reserved.

GM Investing $1B in US Manufacturing, Adding Nearly 7,000 Jobs

Posted on: January 17th, 2017 by ABC News No Comments

General Motors(DETROIT) — General Motors is investing another $1 billion in U.S. manufacturing operations, the automaker announced on Tuesday.

The investment covers “multiple new vehicle, advanced technology and component projects” and includes 1,500 new and retained jobs, GM said in a press release. Details about those jobs, however, won’t be revealed until later in the year.

The company said it will also create an additional 450 U.S. jobs as it begins insourcing axle production for its pickup trucks in Michigan, including work that had been previously done in Mexico.

“As the U.S. manufacturing base increases its competitiveness, we are able to further increase our investment, resulting in more jobs for America and better results for our owners,” GM CEO Mary Barra said in a statement. “The U.S. is our home market and we are committed to growth that is good for our employees, dealers, and suppliers and supports our continued effort to drive shareholder value.”

Barra added that insourcing IT jobs and streamlining engineering operations will add even more jobs in the U.S. over the next few years.

“We will continue our commitment to driving a more efficient business, as shown by our insourcing of more than 6,000 IT jobs that were formerly outside the U.S., streamlining our engineering operations from seven to three, with the core engineering center being in Warren, Michigan, and building on our momentum at GM Financial and in advanced technologies,” she said. “These moves, and others, are expected to result in more than 5,000 new jobs in the U.S. over the next few years.”

Copyright © 2017, ABC Radio. All rights reserved.

GM Investing $1B in US Manufacturing, Adding Nearly 7,000 Jobs

Posted on: January 17th, 2017 by ABC News No Comments

General Motors(DETROIT) — General Motors is investing another $1 billion in U.S. manufacturing operations, the automaker announced on Tuesday.

The investment covers “multiple new vehicle, advanced technology and component projects” and includes 1,500 new and retained jobs, GM said in a press release. Details about those jobs, however, won’t be revealed until later in the year.

The company said it will also create an additional 450 U.S. jobs as it begins insourcing axle production for its pickup trucks in Michigan, including work that had been previously done in Mexico.

“As the U.S. manufacturing base increases its competitiveness, we are able to further increase our investment, resulting in more jobs for America and better results for our owners,” GM CEO Mary Barra said in a statement. “The U.S. is our home market and we are committed to growth that is good for our employees, dealers, and suppliers and supports our continued effort to drive shareholder value.”

Barra added that insourcing IT jobs and streamlining engineering operations will add even more jobs in the U.S. over the next few years.

“We will continue our commitment to driving a more efficient business, as shown by our insourcing of more than 6,000 IT jobs that were formerly outside the U.S., streamlining our engineering operations from seven to three, with the core engineering center being in Warren, Michigan, and building on our momentum at GM Financial and in advanced technologies,” she said. “These moves, and others, are expected to result in more than 5,000 new jobs in the U.S. over the next few years.”

Copyright © 2017, ABC Radio. All rights reserved.

Walmart to Add 34,000 New Jobs

Posted on: January 17th, 2017 by ABC News No Comments

Walmart(WASHINGTON) — Continued expansion is expected to open up about 34,000 more job opportunities for Walmart, the retail giant announced Tuesday.

Fifty-nine new Walmart and Sam’s Club facilities, expansions and relocations will generate about 10,000 retail jobs, with another 24,000 construction jobs to come with building projects at new and existing locations.

“Walmart is investing to better serve customers,” Walmart executive vice president for corporate affairs Dan Bartlett said in a company statement Tuesday. “With a presence in thousands of communities and a vast supplier network, we know we play an important role in supporting and creating American jobs. Our 2017 plans to grow our business — and our support for innovation in the textile industry — will have a meaningful impact across the county.”

Walmart’s plans for expansion and remodeling are part of the retailer’s $6.8 billion capital investment in the U.S., set to take place over the coming fiscal year.

Copyright © 2017, ABC Radio. All rights reserved.

Walmart to Add 34,000 New Jobs

Posted on: January 17th, 2017 by ABC News No Comments

Walmart(WASHINGTON) — Continued expansion is expected to open up about 34,000 more job opportunities for Walmart, the retail giant announced Tuesday.

Fifty-nine new Walmart and Sam’s Club facilities, expansions and relocations will generate about 10,000 retail jobs, with another 24,000 construction jobs to come with building projects at new and existing locations.

“Walmart is investing to better serve customers,” Walmart executive vice president for corporate affairs Dan Bartlett said in a company statement Tuesday. “With a presence in thousands of communities and a vast supplier network, we know we play an important role in supporting and creating American jobs. Our 2017 plans to grow our business — and our support for innovation in the textile industry — will have a meaningful impact across the county.”

Walmart’s plans for expansion and remodeling are part of the retailer’s $6.8 billion capital investment in the U.S., set to take place over the coming fiscal year.

Copyright © 2017, ABC Radio. All rights reserved.

Eyewear Giant Luxottica, Owner of Ray-Ban, and Essilor Agree to Merge

Posted on: January 16th, 2017 by ABC News No Comments

Donald Bowers/WireImage for Luxottica via Getty Images(LONDON) — Italian eyewear giant Luxottica Group, which owns Ray-Ban, and French lens-maker Essilor have agreed to a massive merger.

Essilor would become the holding company in the deal and the two firms combined, under the new name of “EssilorLuxottica,” would be worth about $49 billion.

“The marriage between two key companies in their sectors will bring great benefits to the market, for employees and mainly for all our consumers,” Luxottica executive chairman Leonardo Del Vecchio said in a statement.

Luxottica is the world’s biggest maker of glasses. While owning Ray-Ban and Oakley, the eyewear designer’s licensed brands include Burberry, Coach, Michael Kors and Versace.

“By joining forces today, these two international players can now accelerate their global expansion to the benefit of customers, employees and shareholders as well as the industry as a whole,” Essilor CEO Hubert Sagnières said in a statement.

Copyright © 2017, ABC Radio. All rights reserved.

Eyewear Giant Luxottica, Owner of Ray-Ban, and Essilor Agree to Merge

Posted on: January 16th, 2017 by ABC News No Comments

Donald Bowers/WireImage for Luxottica via Getty Images(LONDON) — Italian eyewear giant Luxottica Group, which owns Ray-Ban, and French lens-maker Essilor have agreed to a massive merger.

Essilor would become the holding company in the deal and the two firms combined, under the new name of “EssilorLuxottica,” would be worth about $49 billion.

“The marriage between two key companies in their sectors will bring great benefits to the market, for employees and mainly for all our consumers,” Luxottica executive chairman Leonardo Del Vecchio said in a statement.

Luxottica is the world’s biggest maker of glasses. While owning Ray-Ban and Oakley, the eyewear designer’s licensed brands include Burberry, Coach, Michael Kors and Versace.

“By joining forces today, these two international players can now accelerate their global expansion to the benefit of customers, employees and shareholders as well as the industry as a whole,” Essilor CEO Hubert Sagnières said in a statement.

Copyright © 2017, ABC Radio. All rights reserved.

Ringling Bros. Pushes Back on Animal Rights Groups’ Claiming Circus Closing as a Win

Posted on: January 16th, 2017 by ABC News No Comments

iStock/Thinkstock(NEW YORK) — The owners of the famed Ringling Bros. and Barnum & Bailey Circus on Monday pushed back against the idea that animal rights protests influenced the company’s decision to end its circus performances in May of this year.

The family-run Feld Entertainment company that owns the 146-year-old circus billed as “the greatest show on Earth” said at a press conference Monday in Florida that animal rights groups should not claim the circus’ closing as a victory.

“This is not a win for animal rights activists,” Kenneth Feld, the company’s CEO said. “This is not a win for anyone.”

“Entertainment has changed,” Feld said of the reason for the closing. “The traditional family unit is different.”

The Ringling Bros. and Barnum & Bailey Circus has been a frequent target of activists claiming inhumane treatment of animals used in the shows.

People for the Ethical Treatment of Animals (PETA), the animal rights group that was among the loudest opponents of the circus, claimed a win this weekend in a press release titled, “It’s over for Ringling Bros. Circus.”

“After 36 years of PETA protests, which have awoken the world to the plight of animals in captivity, PETA heralds the end of what has been the saddest show on earth for wild animals, and asks all other animal circuses to follow suit, as this is a sign of changing times,” Ingrid Newkirk, president of People for the Ethical Treatment of Animals, wrote in a statement.

Wayne Pacelle, president and CEO of The Humane Society of the United States, also applauded the decision, saying, “I applaud their decision to move away from an institution grounded on inherently inhumane wild animal acts.”

Feld for his part said at the press conference that with the circus’ closing, animal rights groups “will need to find a new agenda for fundraising.”

His daughter, Juliette Feld, said the company saw a decline in sales over many years and a more precipitous drop after it announced in 2016 it would stop including elephant acts in performances.

The Felds said their focus now is on more than 400 workers who will be affected by the shutdown and that the company will provide “job placement, interview and resume preparation.”

The company also said it will work to ensure that animals used for the circus are placed in safe homes after the final performance.

“Our commitment to all of our animals is for our lifetime,” Juliette Feld said.

Feld Entertainment was founded nearly 50 years ago with the acquisition of Ringling Bros, according to a company statement. Kenneth Feld has a net worth of roughly $2.7 billion from the circus and entertainment business, according to the Forbes 400 list.

The circus will have its final performance on Long Island at Nassau Veterans Memorial Coliseum in Uniondale, New York, on May 21.

The Felds expressed hope that people would visit the circus one last time.

“There are tickets available for the remaining shows,” Kenneth Feld said.

Copyright © 2017, ABC Radio. All rights reserved.

Ringling Bros. Pushes Back on Animal Rights Groups’ Claiming Circus Closing as a Win

Posted on: January 16th, 2017 by ABC News No Comments

iStock/Thinkstock(NEW YORK) — The owners of the famed Ringling Bros. and Barnum & Bailey Circus on Monday pushed back against the idea that animal rights protests influenced the company’s decision to end its circus performances in May of this year.

The family-run Feld Entertainment company that owns the 146-year-old circus billed as “the greatest show on Earth” said at a press conference Monday in Florida that animal rights groups should not claim the circus’ closing as a victory.

“This is not a win for animal rights activists,” Kenneth Feld, the company’s CEO said. “This is not a win for anyone.”

“Entertainment has changed,” Feld said of the reason for the closing. “The traditional family unit is different.”

The Ringling Bros. and Barnum & Bailey Circus has been a frequent target of activists claiming inhumane treatment of animals used in the shows.

People for the Ethical Treatment of Animals (PETA), the animal rights group that was among the loudest opponents of the circus, claimed a win this weekend in a press release titled, “It’s over for Ringling Bros. Circus.”

“After 36 years of PETA protests, which have awoken the world to the plight of animals in captivity, PETA heralds the end of what has been the saddest show on earth for wild animals, and asks all other animal circuses to follow suit, as this is a sign of changing times,” Ingrid Newkirk, president of People for the Ethical Treatment of Animals, wrote in a statement.

Wayne Pacelle, president and CEO of The Humane Society of the United States, also applauded the decision, saying, “I applaud their decision to move away from an institution grounded on inherently inhumane wild animal acts.”

Feld for his part said at the press conference that with the circus’ closing, animal rights groups “will need to find a new agenda for fundraising.”

His daughter, Juliette Feld, said the company saw a decline in sales over many years and a more precipitous drop after it announced in 2016 it would stop including elephant acts in performances.

The Felds said their focus now is on more than 400 workers who will be affected by the shutdown and that the company will provide “job placement, interview and resume preparation.”

The company also said it will work to ensure that animals used for the circus are placed in safe homes after the final performance.

“Our commitment to all of our animals is for our lifetime,” Juliette Feld said.

Feld Entertainment was founded nearly 50 years ago with the acquisition of Ringling Bros, according to a company statement. Kenneth Feld has a net worth of roughly $2.7 billion from the circus and entertainment business, according to the Forbes 400 list.

The circus will have its final performance on Long Island at Nassau Veterans Memorial Coliseum in Uniondale, New York, on May 21.

The Felds expressed hope that people would visit the circus one last time.

“There are tickets available for the remaining shows,” Kenneth Feld said.

Copyright © 2017, ABC Radio. All rights reserved.

Ringling Bros. Says Circus Closing ‘Not a Win’ for Animal Rights Groups

Posted on: January 16th, 2017 by ABC News No Comments

iStock/Thinkstock(NEW YORK) — The owners of the famed Ringling Bros. and Barnum & Bailey Circus on Monday pushed back against the idea that animal rights protests influenced the company’s decision to end its circus performances in May of this year.

The family-run Feld Entertainment company that owns the 146-year-old circus billed as “the greatest show on Earth” said at a press conference Monday in Florida that animal rights groups should not claim the circus’ closing as a victory.

“This is not a win for animal rights activists,” Kenneth Feld, the company’s CEO said. “This is not a win for anyone.”

“Entertainment has changed,” Feld said of the reason for the closing. “The traditional family unit is different.”

The Ringling Bros. and Barnum & Bailey Circus has been a frequent target of activists claiming inhumane treatment of animals used in the shows.

People for the Ethical Treatment of Animals (PETA), the animal rights group that was among the loudest opponents of the circus, claimed a win this weekend in a press release titled, “It’s over for Ringling Bros. Circus.”

“After 36 years of PETA protests, which have awoken the world to the plight of animals in captivity, PETA heralds the end of what has been the saddest show on earth for wild animals, and asks all other animal circuses to follow suit, as this is a sign of changing times,” Ingrid Newkirk, president of People for the Ethical Treatment of Animals, wrote in a statement.

Wayne Pacelle, president and CEO of The Humane Society of the United States, also applauded the decision, saying, “I applaud their decision to move away from an institution grounded on inherently inhumane wild animal acts.”

Feld for his part said at the press conference that with the circus’ closing, animal rights groups “will need to find a new agenda for fundraising.”

His daughter, Juliette Feld, said the company saw a decline in sales over many years and a more precipitous drop after it announced in 2016 it would stop including elephant acts in performances.

The Felds said their focus now is on more than 400 workers who will be affected by the shutdown and that the company will provide “job placement, interview and resume preparation.”

The company also said it will work to ensure that animals used for the circus are placed in safe homes after the final performance.

“Our commitment to all of our animals is for our lifetime,” Juliette Feld said.

Feld Entertainment was founded nearly 50 years ago with the acquisition of Ringling Bros, according to a company statement. Kenneth Feld has a net worth of roughly $2.7 billion from the circus and entertainment business, according to the Forbes 400 list.

The circus will have its final performance on Long Island at Nassau Veterans Memorial Coliseum in Uniondale, New York, on May 21.

The Felds expressed hope that people would visit the circus one last time.

“There are tickets available for the remaining shows,” Kenneth Feld said.

Copyright © 2017, ABC Radio. All rights reserved.

Ringling Bros. Says Circus Closing ‘Not a Win’ for Animal Rights Groups

Posted on: January 16th, 2017 by ABC News No Comments

iStock/Thinkstock(NEW YORK) — The owners of the famed Ringling Bros. and Barnum & Bailey Circus on Monday pushed back against the idea that animal rights protests influenced the company’s decision to end its circus performances in May of this year.

The family-run Feld Entertainment company that owns the 146-year-old circus billed as “the greatest show on Earth” said at a press conference Monday in Florida that animal rights groups should not claim the circus’ closing as a victory.

“This is not a win for animal rights activists,” Kenneth Feld, the company’s CEO said. “This is not a win for anyone.”

“Entertainment has changed,” Feld said of the reason for the closing. “The traditional family unit is different.”

The Ringling Bros. and Barnum & Bailey Circus has been a frequent target of activists claiming inhumane treatment of animals used in the shows.

People for the Ethical Treatment of Animals (PETA), the animal rights group that was among the loudest opponents of the circus, claimed a win this weekend in a press release titled, “It’s over for Ringling Bros. Circus.”

“After 36 years of PETA protests, which have awoken the world to the plight of animals in captivity, PETA heralds the end of what has been the saddest show on earth for wild animals, and asks all other animal circuses to follow suit, as this is a sign of changing times,” Ingrid Newkirk, president of People for the Ethical Treatment of Animals, wrote in a statement.

Wayne Pacelle, president and CEO of The Humane Society of the United States, also applauded the decision, saying, “I applaud their decision to move away from an institution grounded on inherently inhumane wild animal acts.”

Feld for his part said at the press conference that with the circus’ closing, animal rights groups “will need to find a new agenda for fundraising.”

His daughter, Juliette Feld, said the company saw a decline in sales over many years and a more precipitous drop after it announced in 2016 it would stop including elephant acts in performances.

The Felds said their focus now is on more than 400 workers who will be affected by the shutdown and that the company will provide “job placement, interview and resume preparation.”

The company also said it will work to ensure that animals used for the circus are placed in safe homes after the final performance.

“Our commitment to all of our animals is for our lifetime,” Juliette Feld said.

Feld Entertainment was founded nearly 50 years ago with the acquisition of Ringling Bros, according to a company statement. Kenneth Feld has a net worth of roughly $2.7 billion from the circus and entertainment business, according to the Forbes 400 list.

The circus will have its final performance on Long Island at Nassau Veterans Memorial Coliseum in Uniondale, New York, on May 21.

The Felds expressed hope that people would visit the circus one last time.

“There are tickets available for the remaining shows,” Kenneth Feld said.

Copyright © 2017, ABC Radio. All rights reserved.

Wireless Carriers Boost Network Capacity in Washington, DC for Trump Inauguration

Posted on: January 16th, 2017 by ABC News No Comments

iStock/Thinkstock(WASHINGTON) — Ahead of the presidential inauguration this weekend, wireless carriers are bringing in the reinforcements as they expect to see a flood of smartphone activity in Washington, D.C.

Mobile service providers, including Verizon, are bringing in their most advanced mobile cellular antennas, called RETs, or remote electrical tilt antennas. The high-powered COWs — cells on wheels — will help to boost the data capacity in the Washington, D.C. area by 400 percent or more.

A million people or more are expected to pour into the nation’s capital for the inauguration Friday.

ABC Breaking News | Latest News Videos

Copyright © 2017, ABC Radio. All rights reserved.

Wireless Carriers Boost Network Capacity in Washington, DC for Trump Inauguration

Posted on: January 16th, 2017 by ABC News No Comments

iStock/Thinkstock(WASHINGTON) — Ahead of the presidential inauguration this weekend, wireless carriers are bringing in the reinforcements as they expect to see a flood of smartphone activity in Washington, D.C.

Mobile service providers, including Verizon, are bringing in their most advanced mobile cellular antennas, called RETs, or remote electrical tilt antennas. The high-powered COWs — cells on wheels — will help to boost the data capacity in the Washington, D.C. area by 400 percent or more.

A million people or more are expected to pour into the nation’s capital for the inauguration Friday.

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Copyright © 2017, ABC Radio. All rights reserved.

Oxfam Report Shows Gap Between Super Rich and Poor

Posted on: January 16th, 2017 by ABC News No Comments

iStock/Thinkstock(DAVOS, Switzerland) — You may have already known that the world’s richest people were very, very rich. But did you know just how rich?

A new report from Oxfam released Monday at an annual gathering of the World Economic Forum in Davos, Switzerland shows that the eight richest men own as much wealth as 3.6 billion people — or half the population of the entire world.

“Inequality is definitely getting worse in a lot of countries and you’re seeing the super rich, in particular, move away from the rest of society,” says Oxfam’s Max Lawson.

Among the list of the richest men are Berkshire Hathaway CEO Warren Buffett, Amazon CEO Jeff Bezos, former New York City Mayor Michael Bloomberg, Facebook CEO Mark Zuckerberg and the world’s richest man, Bill Gates.

“One thing Oxfam is calling on is for the world’s billionaires to do the right thing and not the wrong thing,” Lawson says. “And what they could do, is what Bill Gates has called on them to do, which is to pay their taxes. Many, many billionaires pay hardly any tax, using tax havens to hide their money away.”

Copyright © 2017, ABC Radio. All rights reserved.

Oxfam Report Shows Gap Between Super Rich and Poor

Posted on: January 16th, 2017 by ABC News No Comments

iStock/Thinkstock(DAVOS, Switzerland) — You may have already known that the world’s richest people were very, very rich. But did you know just how rich?

A new report from Oxfam released Monday at an annual gathering of the World Economic Forum in Davos, Switzerland shows that the eight richest men own as much wealth as 3.6 billion people — or half the population of the entire world.

“Inequality is definitely getting worse in a lot of countries and you’re seeing the super rich, in particular, move away from the rest of society,” says Oxfam’s Max Lawson.

Among the list of the richest men are Berkshire Hathaway CEO Warren Buffett, Amazon CEO Jeff Bezos, former New York City Mayor Michael Bloomberg, Facebook CEO Mark Zuckerberg and the world’s richest man, Bill Gates.

“One thing Oxfam is calling on is for the world’s billionaires to do the right thing and not the wrong thing,” Lawson says. “And what they could do, is what Bill Gates has called on them to do, which is to pay their taxes. Many, many billionaires pay hardly any tax, using tax havens to hide their money away.”

Copyright © 2017, ABC Radio. All rights reserved.

New Study Ranks Dentist as Best Job of 2017

Posted on: January 16th, 2017 by ABC News No Comments

iStock/Thinkstock(NEW YORK) — If you’re looking for a good job with a six-figure salary and a fractional unemployment rate, a new survey suggests you go into health care.

Dentist was ranked the top job in US News and World Report’s study, with a median salary of over $152,000.

In fact, four of the top five jobs were in health care. Nurse practitioner and physician assistant were second and third, respectively, with salaries of just under $100,000. Orthodontist came in fifth place, at $187,000.

Also making as much as orthodontists are OB-GYNs and oral surgeons, who rank ninth and tenth, respectively.

Completing the top 10 are statisticians in fourth place, averaging $80,000, and computer analysts in eighth with $85,000.

Copyright © 2017, ABC Radio. All rights reserved.

New Study Ranks Dentist as Best Job of 2017

Posted on: January 16th, 2017 by ABC News No Comments

iStock/Thinkstock(NEW YORK) — If you’re looking for a good job with a six-figure salary and a fractional unemployment rate, a new survey suggests you go into health care.

Dentist was ranked the top job in US News and World Report’s study, with a median salary of over $152,000.

In fact, four of the top five jobs were in health care. Nurse practitioner and physician assistant were second and third, respectively, with salaries of just under $100,000. Orthodontist came in fifth place, at $187,000.

Also making as much as orthodontists are OB-GYNs and oral surgeons, who rank ninth and tenth, respectively.

Completing the top 10 are statisticians in fourth place, averaging $80,000, and computer analysts in eighth with $85,000.

Copyright © 2017, ABC Radio. All rights reserved.

Trump Team May Move Press Briefing Room Out of White House: Reince Priebus

Posted on: January 15th, 2017 by ABC News No Comments

Win McNamee/Getty Images(WASHINGTON) — President-elect Donald Trump’s team is considering moving the press briefing room out of the White House’s West Wing, according to Trump’s incoming chief of staff, Reince Priebus.

When asked about an Esquire magazine report that the incoming administration plans to move the press room out of the West Wing to the Old Executive Office Building next door, Priebus told ABC’s George Stephanopoulos on This Week, “The one thing that we discussed was whether or not we want to do conferences in the [Executive Office Building].”

“Which, by the way, is the White House,” Priebus added. “So no one is moving out of the White House. That is the White House, where you can fit four times the amount of people in the press conference, allowing more press, more press coverage from all over the country to have those press conferences. That’s what we’re talking about.”

The news of a possible change in venue for White House press corps briefings comes after a very contentious first press conference by the president-elect last week.

“I know some of the folks in the press are uptight about this and I understand,” Priebus said on “This Week.” “The only thing that’s been discussed is whether or not the initial press conferences are going to be in that small press room. For the people listening to this that don’t know this, the press room that people see on TV is very, very tiny — 49 people fit in that press room.”

“We had like 500 or 600 folks at the press conference last week so we started thinking, ‘Man alive, if we can have more people involved than less people involved, that would be a good thing’ — that’s what this is about, George,” Priebus said.

Priebus added that the change in venue would allow for more press coverage and greater access by journalists. Incoming White House press secretary Sean Spicer gave a statement to ABC News following the report in Esquire.

“While no decisions have been made, there is enormous interest in covering Donald Trump and his agenda to improve the lives of every American,” Spicer’s statement said. “The current briefing room only has 49 seats so we have looked at rooms within the White House to conduct briefings that have additional capacity to accommodate members of media including talk radio, bloggers and others.”

Meanwhile, the president of the White House Correspondents Association, an organization of journalists who cover the White House and president, said he plans to meet with Trump’s incoming press secretary on the issue.

In a statement to the media, association President Jeff Mason said he is seeking “clarity” about reports that the press-briefing room may be moved.

Mason also made it clear that the association’s preference is to keep the press room where it is.

“The briefing room is open now to all reporters who request access. We support that and always will. The WHCA will fight to keep the briefing room and West Wing access to senior administration officials open. We object strenuously to any move that would shield the president and his advisers from the scrutiny of an on-site White House press corps,” the statement concluded.

Copyright © 2017, ABC Radio. All rights reserved.

Trump Team May Move Press Briefing Room Out of White House: Reince Priebus

Posted on: January 15th, 2017 by ABC News No Comments

Win McNamee/Getty Images(WASHINGTON) — President-elect Donald Trump’s team is considering moving the press briefing room out of the White House’s West Wing, according to Trump’s incoming chief of staff, Reince Priebus.

When asked about an Esquire magazine report that the incoming administration plans to move the press room out of the West Wing to the Old Executive Office Building next door, Priebus told ABC’s George Stephanopoulos on This Week, “The one thing that we discussed was whether or not we want to do conferences in the [Executive Office Building].”

“Which, by the way, is the White House,” Priebus added. “So no one is moving out of the White House. That is the White House, where you can fit four times the amount of people in the press conference, allowing more press, more press coverage from all over the country to have those press conferences. That’s what we’re talking about.”

The news of a possible change in venue for White House press corps briefings comes after a very contentious first press conference by the president-elect last week.

“I know some of the folks in the press are uptight about this and I understand,” Priebus said on “This Week.” “The only thing that’s been discussed is whether or not the initial press conferences are going to be in that small press room. For the people listening to this that don’t know this, the press room that people see on TV is very, very tiny — 49 people fit in that press room.”

“We had like 500 or 600 folks at the press conference last week so we started thinking, ‘Man alive, if we can have more people involved than less people involved, that would be a good thing’ — that’s what this is about, George,” Priebus said.

Priebus added that the change in venue would allow for more press coverage and greater access by journalists. Incoming White House press secretary Sean Spicer gave a statement to ABC News following the report in Esquire.

“While no decisions have been made, there is enormous interest in covering Donald Trump and his agenda to improve the lives of every American,” Spicer’s statement said. “The current briefing room only has 49 seats so we have looked at rooms within the White House to conduct briefings that have additional capacity to accommodate members of media including talk radio, bloggers and others.”

Meanwhile, the president of the White House Correspondents Association, an organization of journalists who cover the White House and president, said he plans to meet with Trump’s incoming press secretary on the issue.

In a statement to the media, association President Jeff Mason said he is seeking “clarity” about reports that the press-briefing room may be moved.

Mason also made it clear that the association’s preference is to keep the press room where it is.

“The briefing room is open now to all reporters who request access. We support that and always will. The WHCA will fight to keep the briefing room and West Wing access to senior administration officials open. We object strenuously to any move that would shield the president and his advisers from the scrutiny of an on-site White House press corps,” the statement concluded.

Copyright © 2017, ABC Radio. All rights reserved.

Animal Rights Groups, Celebrities React to Shuttering of Ringling Bros. Circus

Posted on: January 15th, 2017 by ABC News No Comments

Michael S. Williamson/The Washington Post via Getty Images(NEW YORK) —  Reaction to Saturday’s announcement that Ringling Bros. and Barnum Circus will cease operations in May has been mixed: Animals rights groups lauded the move, while celebrities and the general public had a mixed reaction.

The parent company of the circus, Feld Entertainment, said in a statement, “The decision to end the circus tours was made as a result of high costs coupled with a decline in ticket sales, making the circus an unsustainable business for the company. Following the transition of the elephants off the circus [last year], the company saw a decline in ticket sales greater than could have been anticipated.”

Ingrid Newkirk, president of People for the Ethical Treatment of Animals, a longtime opponent of the circus, said in a statement she welcomed its closure: “After 36 years of PETA protests, which have awoken the world to the plight of animals in captivity, PETA heralds the end [of the circus] and asks all other animal circuses to follow suit, as this is a sign of changing times.”

The Humane Society of the United States’ president and CEO, Wayne Pacelle, said, “I applaud their decision to move away from an institution grounded on inherently inhumane wild animal acts.”

And The Humane League, a national farm animal protection nonprofit, tweeted, “The Ringling Brothers circus is shutting down after 146 years! Massive victory for animals!”

Actress Pamela Anderson tweeted, “IT’S OVER!” and linked to PETA’s statement on her blog.

IT’S OVER! https://t.co/JL0j61VoP9

— Pamela Anderson (@pamfoundation) January 15, 2017

Basketball great Shaquille O’Neal was less enthused about the announcement, sharing his feelings on Twitter.

Comedian Jay Mohr also wasn’t keen on the circus’ shutdown, but offered a humorous take on the move, tweeting, “Ringling Brothers shutting down isn’t a “Massive victory for the animals”. It’s a shame. Now where’s an elephant go to get a nice hat?”

Mohr followed up with another tweet, writing, “2017 just took a dark turn. Ringling Brothers Circus closes leaving 2,500 unemployed clowns just roaming the streets.”

Former “Real Housewives of Miami” star and “Dancing With The Stars” contestant, model Joanna Krupa, expressed satisfaction about the announcement, tweeting, “The best news ever ! Thank god and all the animal lovers and groups who fought day and night for these angels!”

Iconic “Star Trek” actor George Takei took the opportunity to express his disdain for president-elect Donald Trump, tweeting, “After 146 yrs, Ringling Bros will close ‘Greatest Show on Earth.’ That title now goes to the daily s***show coming from the President-elect.”

 And while Trump has yet to comment about the circus’ shuttering, he previously tweeted that he was unhappy about the circus’ decision to remove elephants from its shows, ending years of tricks and synchronized dances.

In March 2015 he tweeted, “Ringling Brothers is phasing out their elephants. I,for one, will never go again. They probably used the animal rights stuff to reduce costs”

Ringling Brothers is phasing out their elephants. I,for one, will never go again. They probably used the animal rights stuff to reduce costs

— Donald J. Trump (@realDonaldTrump) March 5, 2015

And then in January 2016, Trump tweeted, “.@RinglingBros is retiring their elephants– the circus will never be the same.”

.@RinglingBros is retiring their elephants– the circus will never be the same.

— Donald J. Trump (@realDonaldTrump) January 11, 2016

Ringling Bros.’ two circus units will conclude their tours with their final shows in Providence, R.I., on May 7, and at the Nassau Veterans Memorial Coliseum in Uniondale, N.Y., on May 21.

Copyright © 2017, ABC Radio. All rights reserved.

Animal Rights Groups, Celebrities React to Shuttering of Ringling Bros. Circus

Posted on: January 15th, 2017 by ABC News No Comments

Michael S. Williamson/The Washington Post via Getty Images(NEW YORK) —  Reaction to Saturday’s announcement that Ringling Bros. and Barnum Circus will cease operations in May has been mixed: Animals rights groups lauded the move, while celebrities and the general public had a mixed reaction.

The parent company of the circus, Feld Entertainment, said in a statement, “The decision to end the circus tours was made as a result of high costs coupled with a decline in ticket sales, making the circus an unsustainable business for the company. Following the transition of the elephants off the circus [last year], the company saw a decline in ticket sales greater than could have been anticipated.”

Ingrid Newkirk, president of People for the Ethical Treatment of Animals, a longtime opponent of the circus, said in a statement she welcomed its closure: “After 36 years of PETA protests, which have awoken the world to the plight of animals in captivity, PETA heralds the end [of the circus] and asks all other animal circuses to follow suit, as this is a sign of changing times.”

The Humane Society of the United States’ president and CEO, Wayne Pacelle, said, “I applaud their decision to move away from an institution grounded on inherently inhumane wild animal acts.”

And The Humane League, a national farm animal protection nonprofit, tweeted, “The Ringling Brothers circus is shutting down after 146 years! Massive victory for animals!”

Actress Pamela Anderson tweeted, “IT’S OVER!” and linked to PETA’s statement on her blog.

IT’S OVER! https://t.co/JL0j61VoP9

— Pamela Anderson (@pamfoundation) January 15, 2017

Basketball great Shaquille O’Neal was less enthused about the announcement, sharing his feelings on Twitter.

Comedian Jay Mohr also wasn’t keen on the circus’ shutdown, but offered a humorous take on the move, tweeting, “Ringling Brothers shutting down isn’t a “Massive victory for the animals”. It’s a shame. Now where’s an elephant go to get a nice hat?”

Mohr followed up with another tweet, writing, “2017 just took a dark turn. Ringling Brothers Circus closes leaving 2,500 unemployed clowns just roaming the streets.”

Former “Real Housewives of Miami” star and “Dancing With The Stars” contestant, model Joanna Krupa, expressed satisfaction about the announcement, tweeting, “The best news ever ! Thank god and all the animal lovers and groups who fought day and night for these angels!”

Iconic “Star Trek” actor George Takei took the opportunity to express his disdain for president-elect Donald Trump, tweeting, “After 146 yrs, Ringling Bros will close ‘Greatest Show on Earth.’ That title now goes to the daily s***show coming from the President-elect.”

 And while Trump has yet to comment about the circus’ shuttering, he previously tweeted that he was unhappy about the circus’ decision to remove elephants from its shows, ending years of tricks and synchronized dances.

In March 2015 he tweeted, “Ringling Brothers is phasing out their elephants. I,for one, will never go again. They probably used the animal rights stuff to reduce costs”

Ringling Brothers is phasing out their elephants. I,for one, will never go again. They probably used the animal rights stuff to reduce costs

— Donald J. Trump (@realDonaldTrump) March 5, 2015

And then in January 2016, Trump tweeted, “.@RinglingBros is retiring their elephants– the circus will never be the same.”

.@RinglingBros is retiring their elephants– the circus will never be the same.

— Donald J. Trump (@realDonaldTrump) January 11, 2016

Ringling Bros.’ two circus units will conclude their tours with their final shows in Providence, R.I., on May 7, and at the Nassau Veterans Memorial Coliseum in Uniondale, N.Y., on May 21.

Copyright © 2017, ABC Radio. All rights reserved.

Ringling Bros. and Barnum & Bailey Circus to Close After 146 Years

Posted on: January 14th, 2017 by ABC News No Comments

David A. Walega/FilmMagic via Getty Images(NEW YORK) — The iconic 146-year-old Ringling Bros. and Barnum & Bailey Circus will hold its final performances in May as “The Greatest Show on Earth” comes to an end.

Feld Entertainment, the parent company of the circus, confirmed the show’s closing to ABC News in a statement citing a decline in ticket sales along with the high cost of touring, particularly after elephants were removed from performances.

“We are grateful to the hundreds of millions of fans who have experienced Ringling Bros. over the years,” Feld Entertainment chairman and CEO Kenneth Feld said in a statement. “Between now and May, we will give them one last chance to experience the joy and wonder of Ringling Bros.”

The news comes after Kristen Michelle Wilson made history this week as the first woman ringmaster to run the show at Ringling Bros.

The entertainment company will hold a press conference on Monday to discuss the circus’ closing. The final performances of the two circus units will be at Dunkin’ Donuts Center in Providence, Rhode Island, on May 7, and at Nassau Veterans Memorial Coliseum in Uniondale, N.Y., on May 21.

Copyright © 2017, ABC Radio. All rights reserved.

Ringling Bros. and Barnum & Bailey Circus to Close After 146 Years

Posted on: January 14th, 2017 by ABC News No Comments

David A. Walega/FilmMagic via Getty Images(NEW YORK) — The iconic 146-year-old Ringling Bros. and Barnum & Bailey Circus will hold its final performances in May as “The Greatest Show on Earth” comes to an end.

Feld Entertainment, the parent company of the circus, confirmed the show’s closing to ABC News in a statement citing a decline in ticket sales along with the high cost of touring, particularly after elephants were removed from performances.

“We are grateful to the hundreds of millions of fans who have experienced Ringling Bros. over the years,” Feld Entertainment chairman and CEO Kenneth Feld said in a statement. “Between now and May, we will give them one last chance to experience the joy and wonder of Ringling Bros.”

The news comes after Kristen Michelle Wilson made history this week as the first woman ringmaster to run the show at Ringling Bros.

The entertainment company will hold a press conference on Monday to discuss the circus’ closing. The final performances of the two circus units will be at Dunkin’ Donuts Center in Providence, Rhode Island, on May 7, and at Nassau Veterans Memorial Coliseum in Uniondale, N.Y., on May 21.

Copyright © 2017, ABC Radio. All rights reserved.

SpaceX Returns to Flight with Successful Falcon 9 Launch

Posted on: January 14th, 2017 by ABC News No Comments

US Launch Report(LOMPOC, Calif.) — SpaceX’s Falcon 9 returned to flight, launching successfully from Vandenberg Air Force Base in California Saturday, just four and a half months after a fiery explosion destroyed Facebook’s AMOS-6 satellite.

An investigation conducted by SpaceX (with assists from the Air Force, NASA, and the National Transportation Safety Board) concluded that the September 1 explosion was likely caused by a failure of a pressurized second-stage tank.

The company, which is run by billionaire Elon Musk, vowed to change the fueling procedures to prevent the incident from recurring, and the FAA granted a launch license.

The launch on Saturday delivered 10 Iridium satellites to low-earth orbit for use in mobile communications.

After separation, the rocket’s first stage landed on the droneship “Just Read the Instructions,” stationed in the Pacific Ocean.

SpaceX nailed a similar droneship landing back in April. Returning the first stage to earth enables the company to reuse the rocket, drastically reducing the cost of launch.

Musk has said his ultimate goal is to start a colony on Mars by reducing the cost of a one-way trip from $10 billion per person to just $200,000.

Copyright © 2017, ABC Radio. All rights reserved.

SpaceX Returns to Flight with Successful Falcon 9 Launch

Posted on: January 14th, 2017 by ABC News No Comments

US Launch Report(LOMPOC, Calif.) — SpaceX’s Falcon 9 returned to flight, launching successfully from Vandenberg Air Force Base in California Saturday, just four and a half months after a fiery explosion destroyed Facebook’s AMOS-6 satellite.

An investigation conducted by SpaceX (with assists from the Air Force, NASA, and the National Transportation Safety Board) concluded that the September 1 explosion was likely caused by a failure of a pressurized second-stage tank.

The company, which is run by billionaire Elon Musk, vowed to change the fueling procedures to prevent the incident from recurring, and the FAA granted a launch license.

The launch on Saturday delivered 10 Iridium satellites to low-earth orbit for use in mobile communications.

After separation, the rocket’s first stage landed on the droneship “Just Read the Instructions,” stationed in the Pacific Ocean.

SpaceX nailed a similar droneship landing back in April. Returning the first stage to earth enables the company to reuse the rocket, drastically reducing the cost of launch.

Musk has said his ultimate goal is to start a colony on Mars by reducing the cost of a one-way trip from $10 billion per person to just $200,000.

Copyright © 2017, ABC Radio. All rights reserved.