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CNBC Cancels The News With Shepard Smith After Only 2 Years

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CNBC Cancels The News With Shepard Smith

CNBC is sacking former Fox Newscaster Shepard Smith eliminating his nightly program after two years, citing a desire by the network’s new president to focus on the network’s core strength of business reporting.

Shepard Smith will make his final broadcast later this month. He did not respond immediately.

Smith joined CNBC after abruptly leaving Fox News Channel in 2019 when he established a general interest news show that aired weeknights at 7 p.m.

According to CNBC, Smith’s show had the richest viewership of any nighttime program on cable news, which is generally a significant selling point.

However, there needed to be more viewers.

According to Nielsen, his show has averaged 222,000 views this year, a little decrease from 2021. “The News with Shepard Smith” had 280,000 views in the last three months of 2020.

In comparison, Fox News’s Jesse Watters drew 3.4 million viewers in the same time slot on Tuesday, while MSNBC’s Joy Reid had 1.3 million.

Shepard Smith was recruited to CNBC by former CEO Mark Hoffman. KC Sullivan, who took over for Mark Hoffman in September, revealed Smith’s departure in a note to staffers on Thursday.

Sullivan added, “I feel we must prioritize and focus on our fundamental strengths of business news and personal finance.”

He stated that a business news show would debut around the same time next year but provided no further details.

“At a time when misinformation and distortion are pervasive, ‘The News’ succeeded in providing audiences with the clearest knowledge of the truth,” remarked CNBC’s CEO.

Smith started at Fox News Channel from its debut in 1996 until 2019, when he resigned after an altercation with Tucker Carlson, Fox’s ascendant opinion show.

He had helmed a 7 p.m. show on Fox for numerous years, but it had been shifted to an afternoon spot.

 

Shepard Smith joined FOX News Channel in 1996 as one of its first personnel and was noted for covering nearly all significant issues as both a correspondent and an anchor.

Shepard Smith departed Fox News for the same reasons that countless others leave their professions daily.

According to the reports, Smith didn’t feel properly supported by his superiors, he had an ethical problem with the network’s direction and integrity, and he couldn’t take it any longer and did all he could in the post.

Shep Smith announced his retirement from Fox News in his final episode, saying, “Even in our currently polarized nation, it’s my goal that the facts will win the day, that the truth will always matter, that journalism and journalists will thrive.”

While Smith’s ratings were rather strong, they were still lower than those of his opinionated colleagues such as Tucker Carlson, Sean Hannity, and Laura Ingraham.

Source: AP, VOR News

Geoff Thomas is a seasoned staff writer at VORNews, a reputable online publication. With his sharp writing skills and deep understanding of SEO, he consistently delivers high-quality, engaging content that resonates with readers. Thomas' articles are well-researched, informative, and written in a clear, concise style that keeps audiences hooked. His ability to craft compelling narratives while seamlessly incorporating relevant keywords has made him a valuable asset to the VORNews team.

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Canada’s RCMP Charge 3 Indian Men Over Sikh Leaders Murder

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Canada’s Royal Canadian Mounted Police (RCMP)  have charged three Indian men with the murder of Sikh separatist leader Hardeep Singh Nijjar last year, saying they were looking into whether the suspects had any ties to the Indian government.

Nijjar, 45, was killed in June outside a Sikh temple in Surrey, a Vancouver suburb with a sizable Sikh community. A few months later, Canadian Prime Minister Justin Trudeau alleged Indian government participation, sparking a diplomatic crisis with New Delhi.

The Royal Canadian Mounted Police identified the three individuals as Karanpreet Singh, 28, Kamalpreet Singh, 22, and Karan Brar, 22.

“We’re investigating their ties, if any, to the Indian government,” said Mandeep Mooker, an RCMP superintendent, during a televised press conference. The Indian mission in Ottawa did not reply to calls for comment from Reuters.

Nijjar was a Canadian citizen who campaigned for Khalistan, an autonomous Sikh country formed out of India.

The presence of Sikh separatist groups in Canada has long irritated New Delhi, which has dubbed Nijjar a “terrorist”.

Last Monday, the White House expressed worry over the apparent involvement of the Indian intelligence service in murder plans in Canada and the United States.

The RCMP claimed they coordinated with US law enforcement authorities, but did not provide any other information, and warned that more detentions might be forthcoming.

“The probe does not end here. We are aware that others may have been involved in this homicide, and we are committed to discovering and arresting each of these individuals,” said assistant RCMP commissioner David Teboul.

Canada-India Ties Strained

The three Indian nationals were arrested in Edmonton, Alberta, on Friday, according to police. They will arrive in British Columbia on Monday.

Trudeau revealed in September that Canadian officials were looking into accusations linking Indian government agents to the murder. New Delhi dismissed Trudeau’s allegation as ludicrous.

“We welcome the arrests, but this raises a lot of new questions,” said Balpreet Singh, legal counsel and spokeswoman for the Canada-based World Sikh Organization advocacy group.

“Those who have been arrested are part of a hit squad but it’s clear that they were directed,” he added in a telephone interview.

Canada had pressed India to participate with its probe. Last November, US authorities said that an Indian government officer orchestrated the plot to assassinate Gurpatwant Singh Pannun, a Sikh separatist and dual citizen of the United States and Canada.

“While today’s action… is a step forward, it only scratches the surface,” Pannun said in a statement, calling for action to “dismantle the networks that enable and perpetuate such crimes against Canadians on Canadian soil”.

Trudeau’s Presence at Separatist Sikh Rally Enrages India: Getty Images

India Angered Over Trudeau

Meanwhile, analysts say Prime Minister Justin Trudeau‘s move shown “no appreciation of Indian concerns in Canada,” with the apparently ill-advised travel expected to discourage New Delhi from improving relations with Ottawa.

Relations between the two sides have deteriorated in recent months as a result of allegations by Trudeau’s administration that Indian intelligence agents were involved in the 2023 murder of Canadian citizen and Sikh separatist leader Hardeep Singh Nijjar.

Nijjar was involved in the 1980s and early 1990s Khalistan movement, which sought to establish an independent Sikh nation in northern India’s Punjab state. Today, the activists are largely from the Punjabi overseas diaspora, many of whom have migrated in the North American country. India has often complained to Canada about the actions of Sikh hardliners.

According to The Times of India, Indian intelligence officials were particularly concerned about the presence of “Modi Wanted” posters purportedly placed at the Toronto rally by the secessionist group Sikhs For Justice (SFJ) in retaliation to Nijjar’s murder.

While New Delhi has frequently criticized Trudeau for failing to rein in Khalistani separatists and engaging in “vote bank politics” with the Punjabi diaspora, experts disagreed on whether the government overreacted in order to acquire votes in the ongoing Indian elections.

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Good News: The Worst Could Be Over For Gas Prices This Spring

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ABC - VOR News Image

Israel and Iran have engaged in open conflict. Ukrainian drones have routinely targeted Russian oil refineries. And OPEC continues to restrict oil production.

These frightening occurrences sparked concerns about $4 gas, harming the US economy and exacerbating inflation.

However, this has not occurred, at least yet. Gas prices in the United States have stopped growing and dropped temporarily recently.

The national average was $3.66 per gallon on Monday, down from $3.68 a week ago, according to AAA.

There is growing anticipation that gas prices will peak in the spring, if not the entire year.

Patrick De Haan, head of petroleum analysis at GasBuddy, predicts that drivers will find relief at the pump in the coming weeks.

“I’m hoping the worst is behind us,” De Haan told CNN. Unless something drastic happens, there are increasing odds the national average has hit the projected spring peak.”

Tom Kloza, worldwide head of energy analysis at the Oil Price Information Service, believes gas prices will fall in the coming weeks.

“Most of the worries from the year’s first half have been resolved. “I think we’re safe until hurricane season,” Kloza remarked.

‘Could have been far worse.’

Of course, none of this implies that gas costs are cheap. They were lower in April 2021 and spring 2020, when Covid-19 kept many Americans off the roadways.

National – VOR News Image

The Worst Could Be Over For Gas Prices This Spring

Nonetheless, a springtime peak of less than $3.70 a gallon would be a win for consumers, considering the real risk of significantly higher gas costs.

“It could have been much worse,” said Andy Lipow, owner of the consultancy firm Lipow Oil Associates.

According to AAA, drivers in just seven US states pay $4 or more per gallon for gas. All those states are in the Western part of the country, followed by California, where the average is $5.40 per gallon, up from $4.88 last year.

The national average is nowhere near the record increase above $5 per gallon in June 2022.

“It seems evident that this will not be a record-setting year. “Filling your tank will feel much more normal this year,” said De Haan.

Economic and political ramifications.

Officials in Washington would most certainly breathe a sigh of relief.

Rising gasoline costs earlier this year led to lower-than-expected inflation readings, casting uncertainty on when the Federal Reserve will be able to decrease interest rates.

A rise in petrol prices is the last thing President Joe Biden wants as he works to persuade voters of his economic message before November. According to a new CNN poll, Biden’s support rating for the economy is 34%, and for inflation, it is even lower (29%).

The Biden administration backed off plans to buy crude oil for the US Strategic Petroleum Reserve, an emergency oil stockpile, earlier this month, adding to White House concerns over petrol costs.

Global – VOR News Image

Some economists expect gas prices to rise further.

Lipow believes the national average will reach $3.75 per gallon this year.

Still, that would be lower than last year’s top of $3.88 per gallon in September.

“I’m not expecting a spike in gasoline prices,” Lipow added.

There are several reasons why gas prices are now holding steady.

First, oil prices have stopped rising. On April 12, US crude oil nearly reached $88 per barrel as investors braced for Iran’s reprisal against Israel over a suspected attack on an Iranian diplomatic complex in Syria.

However, oil prices fell when Israel and its allies effectively averted the reprisal. For now, fears of a larger confrontation in the Middle East have subsided, albeit this might alter quickly. US crude fell below $83 a barrel on Monday.

There are other seasonal aspects to consider.

The transition to more expensive summer-grade gasoline at US refineries is now complete. Similarly, the reopening of refineries that had been closed for normal maintenance has aided gasoline supplies.

Record-breaking US crude output continues to increase the oil supply. All of that US oil, headed by the Permian Basin in West Texas and New Mexico, is countering OPEC+’s production cuts, which Saudi Arabia and Russia lead.

Meanwhile, gasoline demand has remained relatively low despite other indications that American consumers are spending rapidly.

USA TODAY – VOR News Image

The Worst Could Be Over For Gas Prices This Spring

The hurricane season looms.

Gas prices are at risk of reaching a double peak. That’s what happened last year, when gas prices peaked in April, fell, and then returned late in the summer as excessive heat hampered US refineries.

“Weather can wreak havoc,” said Kloza, an OPIS analyst.

A major hurricane that destroys oil facilities along the US Gulf Coast is the greater risk.

Forecasters warn that the hurricane season (which normally begins on June 1) will be extremely active. Colorado State University predicts more hurricanes and named storms than ever before.

“Hurricane season is the next major hurdle,” Kloza stated.

SOURCE – (CNN)

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An AI-Controlled Fighter Jet Took The Air Force Leader For 1st Historic Ride. What That Means For War

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AP - VOR News Image

Edwards Air Force Base, California:

With the midday sun shining, an experimental orange and white F-16 fighter jet took off with the thunderous roar that is a trademark of US airpower. However, the aerial fight that followed was unlike any other: this F-16 was commanded by artificial intelligence rather than a human pilot. Air Force Secretary Frank Kendall was riding in the front seat.

AI is one of the most significant improvements in military aviation since the advent of stealth in the early 1990s, and the Air Force has avidly pursued it. Even though the technology has yet to completely mature, the service intends to deploy an AI-enabled fleet of over 1,000 unmanned warplanes, the first of which will be operational by 2028.

AP – VOR News Image

An AI-Controlled Fighter Jet Took The Air Force Leader For A Historic Ride. What That Means For War

It was fitting that the dogfight took place at Edwards Air Force Base, a massive desert complex where Chuck Yeager broke the sound barrier, and the military has developed its most secret aeronautical technologies. Inside classified simulators and buildings with layers of surveillance protection, a new breed of test pilots is teaching AI bots to fly in combat. Kendall came here to witness AI fly in real time and express public confidence in its future role in air warfare.

“Not having it presents a security concern. “At this point, we have to have it,” Kendall told The Associated Press after landing. The Associated Press and NBC were allowed permission to see the secret flight on the condition that it be disclosed when it was completed due to operational security concerns.

Kendall was flown in lightning-fast maneuvers at almost 550 miles per hour by the AI-controlled F-16 Vista, which exerted five times the force of gravity on his body. It nearly collided with a second human-piloted F-16 as the two aircraft raced within 1,000 feet of one other, turning and looping to drive their opponent into vulnerable positions.

Kendall grinned as he climbed out of the cockpit at the end of the hour-long flight. He stated that he had seen enough throughout his flight to trust this still-learning AI with the decision to unleash weapons.

That proposition is met with strong hostility. Arms control specialists and humanitarian groups are profoundly afraid that AI will one day be able to drop bombs that kill people without human intervention, and they are calling for tighter controls on its usage.

“There are widespread and serious concerns about ceding life-and-death decisions to sensors and software,” the International Committee of the Red Cross has cautioned. Self-propelled weapons “are an immediate cause of concern and demand an urgent, international political response.”

The military’s transition to AI-powered aircraft is motivated by security, cost, and strategic capability. If the United States and China engage in battle, today’s Air Force fleet of pricey, manned fighters will be vulnerable due to advances in electronic warfare, space, and air defense systems. China’s air force is on track to outnumber the United States and is also developing a fleet of flying unmanned weapons.

Future war scenarios involve swarms of American unmanned aircraft offering an advance attack on enemy defenses, allowing the US to infiltrate airspace without putting pilot lives at risk. However, money plays a role in the transition. The Air Force is still dealing with production delays and cost overruns on the F-35 Joint Strike Fighter, expected to cost $1.7 trillion.

AP – VOR News Image

An AI-Controlled Fighter Jet Took The Air Force Leader For A Historic Ride. What That Means For War

Kendall believes that smaller, cheaper AI-controlled unmanned jets are the way forward.Vista’s military operators claim that no other country in the world has an AI jet like it, in which the software first learns from millions of data points in a simulator before testing its conclusions during actual flights. The real-world performance data is then fed into the simulator, where the AI processes it to learn further.

China possesses AI, but there is no evidence that it has developed a mechanism to conduct experiments outside a simulator. According to Vista’s test pilots, some lessons can only be taught in the air, similar to a junior officer learning tactics for the first time.“It’s all guesswork,” chief test pilot Bill Gray remarked until you fly. “And the longer it takes you to figure that out, the longer it takes before you have useful systems.”

Vista conducted its first AI-controlled battle in September 2023, with only roughly two dozen similar flights after that. However, the computers learn so swiftly with each battle that certain AI versions tested on Vista outperform human pilots in air-to-air combat.

AP – VOR News Image

An AI-Controlled Fighter Jet Took The Air Force Leader For A Historic Ride. What That Means For War

The pilots at this base know that they may be educating their successors or defining a future structure in which fewer of them are required.

However, they also state that they would only want to be in the air against an adversary with AI-controlled aircraft if the United States had its own fleet.

“We need to keep running. Kendall remarked, “And we have to run fast.”

SOURCE – (AP)

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