The Trump administration has instructed the National Oceanic and Atmospheric Administration (NOAA) to prepare for the loss of another 1,000 workers, in addition to the 1,300 staff already let go, potentially hindering NOAA’s ability to provide lifesaving forecasts as hurricane season approaches. NOAA managers are required to propose layoffs and reorganizations to reduce staff by 1,000 people, following President Trump’s executive order for federal workforce reductions. The cuts have raised concerns among scientists and meteorologists, affecting NOAA’s ability to predict severe weather, monitor climate change, and oversee various environmental programs, with organizations urging Congress to oppose these actions.
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Is CrowdStrike a Buy a Year After the Big IT Outage?
CrowdStrike (NASDAQ: CRWD) faced significant challenges a year ago due to a faulty software update that caused a major IT outage, costing U.S. Fortune 500 companies over $5 billion. Despite this setback, the company has achieved double-digit revenue growth and maintained strong customer relationships, leading to a stock increase of over 50% since the incident. Want More Context? 🔎
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