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Social Security's 2032 deadline puts a 22% cut on the table — but Washington has way less room to negotiate than 1983

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Boomers actually do hold most of the wealth and power. So why do they call it 'whiny' to point that out?

Flight MH370 Disappeared More than 3 Years Ago. Now a New Search Is Underway

By
Jamie Ducharme
Jamie Ducharme
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By
Jamie Ducharme
Jamie Ducharme
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January 6, 2018, 3:20 PM ET
MH370 Day of Remembrance in Kuala Lumpur
KUALA LUMPUR, MALAYSIA - MARCH 04 : A Malaysian child holds a balloons and gets his face painted for the victims of the missing MH370 airplane in Kuala Lumpur, Malaysia on March 04, 2017, in commemoration of Malaysia Airlines Flight MH370, went missing after losing radio contact with Malaysian and Vietnamese air traffic control after leaving Kuala Lumpur International Airport on March 8. (Photo by Alexandra Radu/Anadolu Agency/Getty Images)Anadolu Agency/Getty Images

More than three years after it disappeared, a new search effort is underway for Malaysian Airlines flight MH370.

U.S. company Ocean Infinity dispatched a search vessel, the Seabed Constructor, from South Africa earlier this week, ABC reports. The ship will comb parts of the Indian Ocean for remains of the lost Boeing 777 aircraft, which mysteriously went missing with 239 people aboard during a March 2014 flight from Kuala Lumpur to Beijing.

The company stands to make $70 million if it finds the lost plane, the Daily Express reports. But on Saturday, Malaysian Transport Minister Liow Tiong Lai said the voyage is “no cure, no fee” — that is, Ocean Infinity will only profit from the mission if it’s successful, ABC reports.

That’s a tall order, and not only because previous searches — including the 1,046-day effort conducted by the Malaysian, Chinese and Australian governments immediately after the disappearance — have been fruitless. Due to ocean conditions, the Seabed Constructor only has until early April to cover a huge amount of territory, the Daily Express reports.

Nonetheless, Ocean Infinity is reportedly confident it can locate the wreckage using intelligence from the Australian Transport Safety Bureau and Boeing flight simulators, in conjunction with the vessel’s enhanced search equipment, according to the Daily Express. Inmarsat, a U.K. satellite company, is also involved in the mission, the paper adds.

Flight MH370’s disappearance has continued to stymie investigators in the years following the incident. As recently as October, Australian Transport Safety Bureau analysis determined that it is “almost inconceivable and certainly societally unacceptable…for the world not to know with certainty what became of the aircraft and those on board.”

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