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Transcript: Lockheed Martin CEO Jim Taiclet on “Face the Nation,” May 8, 2022

The following is a transcript of an interview with Jim Taiclet, the president and CEO of Lockheed Martin, that aired Sunday, May 8, 2022, on “Face the Nation.” MARGARET BRENNAN: We now turn to Jim Taiclet, the CEO of defense giant Lockheed Martin, which makes some of the weapons the US …

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Is a recession next after the U.S. economy shrank in the first quarter of 2022?

Americans are increasingly worried about the economy, with about 6 in 10 concerned that a major recession is “right around the corner,” according to a recent survey from AllianzLife. The reasons for their anxiety are clear: Economic activity shrank in the first three months of the year, inflation is at a 40-year …

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Mississippi set to become last U.S. state with an equal pay law

Mississippi will become the final state with a law requiring equal pay for equal work by women and men. The law will become effective on July 1.  A 1963 federal law requires equal pay for equal work, but Mississippi has the only state without its own law since Alabama enacted …

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Emmett Till’s relatives want prosecution of woman who accused teen of improper advances before his 1955 lynching

Stymied in their calls for a renewed investigation into the killing of Emmett Till, relatives and activists are advocating another possible path toward accountability in Mississippi: A kidnapping prosecution against the woman who set off the lynching by accusing the Black Chicago teen of improper advances in 1955. Carolyn Bryant …

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Former Maryland Mayor Andrew Bradshaw avoids prison in revenge porn case

A former Maryland mayor who admitted to posting nude photos of his ex-girlfriend on Reddit will not have to spend time behind bars under a plea deal announced by the state prosecutor’s office on Monday. Former Cambridge Mayor Andrew Bradshaw pleaded guilty to five counts of distributing revenge porn online …

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What is Musk really doing with his $43 billion offer to buy Twitter?

Mercurial billionaire Elon Musk now says he wants to buy Twitter outright, taking it private to restore its commitment to what he terms “free speech.” But his $43 billion offer, which fell flat with investors and raised the board’s hackles, bring up as many questions as it answers. Among them: …

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Gas prices are providing some relief after hitting their March peak

Motorists are feeling less pain at the pump amid a slide in gas prices from their record highs in March. With the U.S. and other nations unleashing more oil from emergency supplies, it’s possible that the per-gallon price could continue its decline, experts say. After hitting a record $4.33 on …

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NY Attorney General wants Donald Trump held in contempt, fined $10,000 per day

New York’s attorney general asked a state judge Thursday to issue an order of contempt against former President Donald Trump, claiming he has failed to comply with a previous ruling requiring him to turn over documents by March 31 as part of an investigation into his company’s financial practices. The …

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Ivy League acceptance rates drop to new low. They’re not alone.

The Ivies have always been hard to get into, but the pandemic has made gaining entry into the schools even tougher. With many U.S. colleges opting to make SAT or ACT scores optional over the past two years, the number of applications has jumped, leading to record low acceptance rates. …

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Jury gets case of 4 charged in plot to kidnap Michigan Governor Gretchen Whitmer

The case of four men accused of plotting to kidnap Michigan Governor Gretchen Whitmer in 2020 is in the hands of the jury Friday, following the end of closing arguments. Adam Fox, Barry Croft Jr., Daniel Harris and Brandon Caserta are charged with conspiracy in the case, in which two …

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