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Global stocks are mostly on the rise after the United States and China took small steps toward cooling trade tensions between each other.China announced Wednesday that it would 189

For the second time in less than six months, a brand-new Boeing aircraft has crashed just minutes into a flight.All 157 people on board the Ethiopian Airlines flight from Addis Ababa that crashed on Sunday morning have died, the airline has confirmed.The tragedy follows the Lion Air flight that went down over the Java Sea in late October, killing all 189 people on board.There is no suggestion yet as to what caused the latest disaster, and no evidence that the two incidents are linked in causality.What is known, however, is that both flights took place on the Boeing 737 MAX 8 -- a new model recently unveiled to great fanfare by the US aviation giant, that saw its first flight less than two years ago."It's highly suspicious," said Mary Schiavo, a CNN aviation analyst and the former Inspector General of the U.S. Transportation Department. "Here we have a brand-new aircraft that's gone down twice in a year. That rings alarm bells in the aviation industry, because that just doesn't happen."Adding to concerns are some similarities between the two flights. Both were operated by well-known airlines with strong safety records -- but the Lion Air flight went down 13 minutes after take off, while Sunday's Ethiopian Airlines flight crashed just six minutes into its journey.And while the Ethiopian Airlines did not see the wild fluctuations in altitude that the Lion Air flight saw, it did dip and then regain altitude before it crashed."The similarities with Lion Air are too great not to be concerned," Schiavo said.Data from flight recorders awaitedAt the root of October's Lion Air crash was a new safety system installed in the MAX 8 plane, known as the Maneuvering Characteristics Augmentation System (MCAS), that automatically pulls the plane's nose down if data suggests it is at risk.In that flight, the system was responding to faulty data that suggested the nose was tilted at a higher angle than it was, indicating the plane was at risk of stalling.The pilots subsequently engaged in a futile tug-of-war with the plane's automatic systems, trying to reverse a nosedive that should not be triggered so soon after takeoff. Boeing has argued that pilots should have identified the system was in operation, and turned it off."All pilots should have been trained on that function after Lion Air," Schiavo added. "Boeing did something very unusual for any manufacturer -- it sent out an emergency bulletin and told all airlines to make sure they trained the pilots in the shut-off procedure.""This is one of the things that should never be happening after takeoff," Schiavo said.It is too early for conclusions to be drawn as to whether the same issue occurred on the Ethiopian Airlines flight -- but a clue could come sooner rather than later."We will not get a final determination for two or three years, but we will get information from the flight recorders -- which I'm guessing will be fairly easy to retrieve -- in a matter of weeks," said CNN anchor Richard Quest, who specializes in aviation."At the moment, it seems a coincidence" that both disasters occurred on the same aircraft, Quest said. "But I'm guaranteeing to you that the authorities will be examining just how close a coincidence, and whether there are common circumstances between the two," he said."Two brand new planes have crashed from two respected airlines," Quest added. "Ethiopian is a very, very well-run airline. There is no safety issue on Ethiopian Airlines."Possible repercussions for Boeing If investigators do uncover a similar cause of the two accidents, the repercussions for Boeing could be dramatic."The Lion Air flight was a big deal for Boeing, but they managed to overcome it," Schiavo says. "They put out the emergency warning about training, and the industry went on. With the second one, I don't think everybody's going to forget."The MAX 8 could be grounded if a link is found -- either by the company itself, or by governments, though the former is more likely to come first, Schiavo says. "The voluntary basis is always the better way to go -- but it will be expensive for Boeing."Airlines with MAX 8 aircraft in their fleet -- and those with outstanding MAX 8 orders -- are likely to be watching developments closely in the coming days and weeks.According to 4284

Former Pro Bowl running back Clinton Portis and other retired NFL players have been charged by a federal grand jury with defrauding the NFL's retiree health care benefits plan for more than million, according to two indictments unsealed Thursday."Ten former NFL players allegedly committed a brazen, multi-million dollar fraud on a health care plan meant to help their former teammates and other retired players pay legitimate, out-of-pocket medical expenses," Assistant Attorney General Brian Benczkowski said in a statement.The former NFL players allegedly submitted fraudulent health care claims seeking to be reimbursed for expensive medical equipment that was never purchased, typically about ,000 to ,000 per claim, court records show.The equipment included hyperbaric oxygen chambers, ultrasound machines designed for a doctor's office to conduct women's health examinations, and electromagnetic therapy devices made for horses, prosecutors said.In addition, some defendants personally profited by receiving reimbursements from the plan or by recruiting other retired players to participate in the scheme in exchange for kickbacks and bribes, the indictments say. The claims relied on fabricated invoices, prescriptions and letters of medical necessity, prosecutors said.The scheme, which lasted from June 2017 to December 2018, led to over .9 million in false and fraudulent claims, of which the plan paid out more than .4 million, prosecutors said in a news release.CNN is reaching out to the NFL and the named players for comment. The NFL and the NFL Players' Association were aware of the charges before Thursday's news conference, Benczkowski said.Cigna alerted feds to potential fraud, prosecutor saysHealth insurance company Cigna flagged anomalies in the types of claims being filed and referred the fraud to federal investigators, Benczkowski said Thursday during a news conference.Four former players were arrested and six agreed to turn themselves in, he said.The defendants include:Portis, the former Washington Redskins and Denver Broncos running back;Robert McCune, a former linebacker with the Redskins;John Eubanks, a former cornerback with the Redskins;Tamarick Vanover, a former Kansas City Chiefs wide receiver;Ceandris "C.C." Brown, a former Houston Texans safety;James Butler, a former New York Giants and St. Louis Rams safety;Fredrick Bennett, a former Houston Texans defensive back;Etric Pruitt, a former defensive back for the Atlanta Falcons and Seattle Seahawks;Carlos Rogers, a former Redskins and San Francisco 49ers cornerback;and Correll Buckhalter, a former Philadelphia Eagles running back.In addition, the government plans to file criminal informations charging Joseph Horn, the former New Orleans Saints wide receiver, and Donald "Reche" Caldwell, the former San Diego Chargers and New England Patriots wide receiver, according to the news release.More than 20 FBI field offices across the country participated in the investigation, from Miami to New Jersey to Los Angeles, prosecutors said.The health care benefits plan was established as part of the 2006 collective bargaining agreement between the NFL and the NFL Players' Association. 3205

If the rest of the National Basketball Association regular season is canceled, players might be seeing fewer zero's on their upcoming paychecks. 156

House Speaker Nancy Pelosi on Monday called for Labor Secretary Alexander Acosta to resign over his handling more than a decade ago of a plea deal for multi-millionaire Jeffrey Epstein, who was recently charged with allegedly having operated a sex trafficking ring in which he sexually abused dozens of underage girls."(Secretary Acosta) must step down. As US Attorney, he engaged in an unconscionable agreement w/ Jeffrey Epstein kept secret from courageous, young victims preventing them from seeking justice. This was known by @POTUS when he appointed him to the cabinet. #AcostaResign," Pelosi, a California Democrat, wrote in a 645