Author: IA PressRoom

© Reuters. By David Shepardson WASHINGTON (Reuters) – U.S. Transportation Deputy Secretary Polly Trottenberg is taking over as acting head of the Federal Aviation Administration, the department said on Thursday. President Joe Biden also plans to name Katie Thomson, the FAA’s chief of staff, as deputy administrator, replacing Bradley Mims. Trottenberg’s appointment is effective immediately. She replaces Billy Nolen, who has been acting head of the FAA since April 2022. Nolen announced in April that he would resign after a new administrator was nominated. In March, Denver International Airport CEO Phil Washington withdrew his nomination to serve as FAA administrator…

Lawyers argued in favor of redrawing New York’s congressional map Thursday before a state appeals court. A victory for the plaintiffs in the Democrat-backed suit may mean reinstating a brutal gerrymander that was struck down last year.Should Democrats attempt to reinstate their original map, up to seven Republican representatives — including Michael Lawler, Nicole Malliotakis and George Santos — could face near-unwinnable battles for re-election.Republicans have slammed the suit as an attempted partisan power-grab. “[The plaintiffs’] goal here, if they win, would be to put this case back in the backrooms of Albany and in D.C., so they can gerrymander the…

New York City is considering a bill that would address a top issue for its tens of thousands of ride-hailing drivers: getting kicked off apps like Uber and Lyft. The bill, sponsored by City Councilman Shekar Krishnan and introduced Thursday, would establish an appeal process for driver deactivations that would involve the city. If passed, the bill would require Uber Technologies Inc. UBER, +3.26% and Lyft Inc. LYFT, +2.91% to give 14 days notice before removing drivers, and, within five days, to disclose by writing the allegations against drivers. Drivers, who would also gain the right to “progressive discipline,” would…

The Department of Justice reportedly indicted former President Donald Trump in the Mar-a-Lago records case. It’s the first time a former president has been charged with a federal crime. Trump is expected to appear in federal court in Miami next Tuesday. Loading Something is loading. Thanks for signing up! Access your favorite topics in a personalized feed while you’re on the go. download the app The Justice Department brought an indictment against Donald Trump on Thursday over the former president’s hoarding of government records, according to the New York Times, citing multiple people familiar with the matter.The precise charges weren’t…

When costs run to billions of dollars, small tweaks mean big savings. This year, both Meta and Alphabet decided to eke out the lifespan of their servers. Meta raised their estimated useful life cycle from four years to five. Alphabet from four years to six. With little more than a keystroke, both companies lifted operating income. Companies are looking for ways to cut costs. Meta revenues fell 1 per cent last year. Alphabet reported its slowest pace of revenue growth since 2009. Changing the length of server use allows companies to extend the time over which they are expensed. Meta reported…

© Reuters. FILE PHOTO: A man walks in front the Central bank headquarters building in Brasilia, Brazil October 4, 2021. REUTERS/Adriano Machado BRASILIA (Reuters) – President Luiz Inacio Lula da Silva’s first nominees for top positions in Brazil’s central bank will not be involved in the upcoming interest rate decision on June 21 because their names will not be submitted for necessary approval by the Senate until the following week. The Senate’s Economic Affairs Committee announced on Wednesday that it would vote on June 27 on the nomination of Gabriel Galipolo, the executive secretary of the Finance Ministry, for the…

© Reuters. A view shows a store selling products of computer manufacturer Acer in Moscow, Russia, June 7, 2023. REUTERS/Stringer (Adds Acer stock identifier) By Filipp Lebedev and Gleb Stolyarov (Reuters) – Taiwan-based computer manufacturer Acer supplied at least $70.4 million worth of computer hardware to Russia between April 8, 2022 and March 31, 2023, according to customs data seen by Reuters, after saying it would suspend its business there. While not illegal, Acer’s actions contrast with those of key Western rivals such as Dell and HP (NYSE:) which ceased shipments in February and April 2022, respectively, following Moscow’s full-scale…

CNN  —  President Joe Biden will appoint a new federal coordinator to address the increase in book bans enacted across different states – part of a slew of new actions that he announced on Thursday aimed at protecting the LGBTQ+ community. Biden announced the actions during a news conference with British Prime Minister Rishi Sunak. He was originally set to host what White House Domestic Policy Adviser Neera Tanden called “the largest Pride celebration in White House history.” The celebration on the South Lawn, which was set for Thursday but was postponed until Saturday due to air quality issues caused…

Sientra stock rockets ~75% after hours on FDA approval for tissue expander

Ukraine is firing an artillery shell that lays mines built to destroy tanks. The US has sent Ukraine over 10,000 of these rounds along with the 155mm howitzers that fire them.  These mine-laying artillery shells are designed to force desperate choices. Loading Something is loading. Thanks for signing up! Access your favorite topics in a personalized feed while you’re on the go. download the app The Russian troops defending the front lines against Ukraine’s advance are discovering a danger lurking behind them, and it’s one that threatens to make their positions more precarious.The danger comes from an artillery round being…