
NPR's top editor Edith Chapin to step down
The news comes a week after the Republican-controlled U.S. House of Representatives passed a $9 billion funding cut to public media and foreign aid.
This includes $1.1 billion for the Corporation for Public Broadcasting (CPB), which distributes funding to news outlets NPR and PBS.
The Trump administration has accused, opens new tab NPR and PBS of bias against conservative viewpoints.
Chapin, who joined NPR in 2012 after 25 years at CNN, will remain head of newsroom operations while NPR searches for a new editorial leadership.
Under her leadership, NPR's news division expanded its investigative reporting and deepened its international and national coverage, the company said.
NPR is a nonprofit media organization that boasts a weekly audience of 43 million across its platforms and has 953,000 weekly app users, according to its website.
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Reuters
28 minutes ago
- Reuters
Tesla says it started building initial versions of an affordable car; posts a steep sales decline
July 23 (Reuters) - Tesla(TSLA.O), opens new tab said on Wednesday it has built initial versions of an affordable car, a move likely meant to stem the steep decline in sales the company has experienced in markets across the world. Elon Musk's electric vehicle maker posted the worst quarterly sales decline in more than a decade and profit that missed Wall Street targets, but its profit margin on making cars was better than many feared. Tesla shares were down 2.6% in after-hours trading. Tesla said it expects volume production of the long-promised cheaper vehicle in the second half of this year, raising hopes it will rekindle demand as it battles rising competition from cheaper EVs, especially in China, and a persistent backlash against Musk's far-right political views. Tesla Chief Financial Officer Vaibhav Taneja said on a call with investors that production of the cheaper car would ramp up next quarter, slower than initially expected, and the company did not provide an update on its full-year deliveries forecast. "Tesla's disappointing results aren't surprising given the rocky road it's traveled recently," said Emarketer analyst Jacob Bourne. "A truly affordable model will hit the bullseye in terms of boosting sales if Tesla can effectively position it right without detracting from its higher-priced models." The second straight quarterly revenue drop, with a 12% fall, comes despite rolling out a refreshed version of its best-selling Model Y SUV that investors had hoped would help revive demand. A 51% dive in sales of automotive regulatory credits, which other automakers who have difficulty complying with government emissions rules buy from Tesla, also hurt revenue and profit. Revenue fell to $22.5 billion for the April-June quarter from $25.50 billion a year earlier. Analysts on average were expecting revenue of $22.74 billion, according to data compiled by LSEG. Adjusted profit per share of 40 cents lagged the consensus of 43 cents per share. The automotive gross margin, which excludes regulatory credits, was 14.96%, above Wall Street estimates, helped in part by lower cost per vehicle. Tesla global deliveries dropped 13.5% in the second quarter, which was below Wall Street targets. Tesla had said in April it would start producing the more affordable model by the end of the first half and sources had told Reuters the vehicle, a stripped-down version of its Model Y SUV, would be delayed by at least months. Tesla on Wednesday did not disclose any details on the model, how many units it had made, or how it would be priced. The company said it continued to expect volume production of its custom-built robotaxi - called the Cybercab - and Semi truck in 2026. Much of the company's trillion-dollar valuation hangs on its bet on its robotaxi service - a small trial of which was started in Austin, Texas, last month with about a dozen Model Y SUVs - and on its development of humanoid robots. Investors are concerned about whether Musk will be able to devote enough time and attention to Tesla after he locked horns with President Donald Trump by forming a new political party this month. He had promised weeks earlier that he would cut back on government work and focus on his companies. A series of high-profile executive exits, including a longtime Musk confidant who oversaw sales and manufacturing in North America and Europe, is also adding to the concerns.


The Independent
28 minutes ago
- The Independent
Pentagon watchdog told Hegseth's leaked Signal chat info came from email classified ‘secret'
Information sent by Defense Secretary Pete Hegseth on the commercial messaging app Signal to senior officials and a journalist came from a classified email labeled 'SECRET,' the Pentagon 's watchdog has been informed. The classified message was also headed as 'NOFORN' – meaning that it was not to be seen by foreign nationals – according to several people familiar with the matter, who spoke to The Washington Post. The incident, described by critics as a significant security breach and which has become known as Signalgate in the media, occurred in March of this year. Hegseth is accused of sharing details of imminent U.S. military operations in Yemen with a group chat, which included cabinet members such as Vice President JD Vance, Secretary of State Marco Rubio and, unwittingly, the editor-in-chief of The Atlantic, Jeffrey Goldberg. Goldberg was added by mistake by National Security Advisor Mike Waltz, who has since resigned his post. The reporting that the information Hegseth is accused of sharing on the chat came from a file marked 'SECRET/NOFORN' is at odds with the stance taken by the Trump administration in the aftermath of the incident, that no classified information was divulged. Signalgate is now being investigated by the Defense Department inspector general's office at the request of both Republican and Democratic members of the Senate Armed Services Committee. According to The Post, the strike plans were shared in a classified email to more than a dozen defense officials by General Michael Kurilla, Commander of the United States Central Command, who is in charge of U.S. military operations in the Middle East. The Independent has not separately verified The Post's reporting. The sources cited by the outlet said Kurilla had sent the message over a classified system, the Secret Internet Protocol Router Network, or SIPRNet, per government regulations. In a statement shared with The Independent, chief Pentagon spokesperson Sean Parnell said: "This Signal narrative is so old and worn out, it's starting to resemble Joe Biden's mental state.' 'The Department stands behind its previous statements: no classified information was shared via Signal. As we've said repeatedly, nobody was texting war plans and the success of the Department's recent operations –from Operation Rough Rider to Operation Midnight Hammer--are proof that our operational security and discipline are top notch,' the Pentagon spokesperson said. White House Deputy Press Secretary Anna Kelly added, 'Information related to this successful mission is not classified, and the Houthis have since agreed to a ceasefire. 'This Administration has proven that it can carry out missions with precision and certainty, as evidenced by the successful operations that obliterated Iran's nuclear facilities and killed terrorists. 'It's shameful that the Washington Post continues to publish unverified articles based on alleged emails they haven't personally reviewed in an effort to undermine a successful military operation and resurrect a non-issue that no one has cared about for months.' At a House Armed Services Committee hearing in June, Hegseth did not respond to questions about whether the information he shared had come from classified systems. 'Classifications of any information in an ongoing operation that was successful are not things that would be disclosed in a public forum,' he said.


The Independent
28 minutes ago
- The Independent
Philly cheesesteak maker challenged by the ever-rising cost of beef
Ken Silver knows beef because he knows Philly cheesesteak. He hopes that a summer spike in how much he pays for his restaurant's main product doesn't cause heartburn for him or his customers. Silver, president of Jim's South St. in Philadelphia, said the price of beef from his supplier now is about $1 more per pound than it was a year ago. And that is on top of a roughly 50% increase when he reopened in 2024 after a fire — 'crazy,' as he put it. U.S. beef prices have been steadily rising over the past 20 years because the supply of cattle remains tight while beef remains popular. 'Our strategy right now is just absorbing the price and hoping that we see a reduction after the summer months are over, the grilling season and all the rest,' Silver said Wednesday. He said a cheesesteak sandwich at Jim's South St. costs $13.49, up from $11.49 in 2022, when the popular eatery was forced to close for nearly two years because of a fire. Cheesesteaks typically are made with thinly sliced beef, cheese and onions, though other toppings are possible, too. For consumers, the average price of a pound of ground beef rose to $6.12 in June, up nearly 12% from a year ago, according to U.S. government data. The average price of all uncooked beef steaks rose 8% to $11.49 per pound. 'We've taken a hit, profitability-wise, just to maintain what our customers would expect to get when they come to us: a reasonably priced cheesesteak of the best quality they can find," Silver said. If supply costs don't ease, Silver said he might have to raise menu prices or declare a market price, which fluctuates and is commonly associated with seafood. 'I really hate to do that,' said Silver, whose father started the business in 1976. A customer, Bryan Williams, suggested a price hike wouldn't discourage him from placing an order. 'That's just how things are going lately,' he said. 'There's really nothing that they can do about it.' ___ White reported from Detroit.