Business

3179 Results / Page 322 of 354

Background
Newark airport hit with new delays, outage heard on air traffic control audio

Business

Newark airport hit with new delays, outage heard on air traffic control audio

The Federal Aviation Administration (FAA) has issued a ground delay for Newark Liberty International Airport in New Jersey due to staffing shortages, weather and construction."Our antiquated air traffic control system is affecting our workforce," an FAA statement said. "As Secretary Duffy has said, we must get the best safety technology in the hands of controllers as soon as possible.""The last administration didn’t lift a finger to fix it," U.S. Department […]

todayMay 6, 2025 2

Dr. Oz uncovers shocking Medicaid flaw that is costing US billions, warns people are ‘gaming’ the system

Business

Dr. Oz uncovers shocking Medicaid flaw that is costing US billions, warns people are ‘gaming’ the system

Trump-appointed Centers for Medicare & Medicaid Services (CMS) Administrator Dr. Mehmet Oz is spearheading a surprising shift in how Medicare and Medicaid are managed – one that he says could save the U.S. hundreds of billions of dollars.Appearing on "Mornings with Maria," the former television host and heart surgeon described what he called a "generational opportunity" to reform Medicaid.WAYS AND MEANS CHAIR: 'REPEAT VERIFICATION FOR PEOPLE WHO ARE ON MEDICAID […]

todayMay 6, 2025 16

Cisco, UPS, other companies adjusting workforce as they embrace AI: report

Business

Cisco, UPS, other companies adjusting workforce as they embrace AI: report

Some companies have been adjusting their workforce as they simultaneously embrace artificial intelligence and automation more, according to Forbes.The outlet reported over the weekend that Duolingo, UPS, Klarna, Cisco and Inuit are among some of the firms that have demonstrated that trend.Duolingo recently said it was striving to be "AI-first," with CEO Luis von Ahn outlining various measures that it will take to help accomplish that in a publicly available company-wide […]

todayMay 5, 2025 12

EV maker recalls over 27K vehicles over risk of rearview camera display malfunctioning

Business

EV maker recalls over 27K vehicles over risk of rearview camera display malfunctioning

Polestar is recalling more than 27,800 of its Polestar 2 electric vehicles in the U.S. over the risk that their rearview camera display might not show an image while backing up.The electric vehicle maker said in a report submitted to the National Highway Traffic Safety Administration (NHTSA) that the recalled 2021-2025 Polestar 2 vehicles may have "visualization issues" with their rearview camera display while in reverse and show a "Camera […]

todayMay 5, 2025 5

Newark air traffic controllers lost radar, radio communications with planes for over a minute, sparking chaos

Business

Newark air traffic controllers lost radar, radio communications with planes for over a minute, sparking chaos

A damning report has found that air traffic controllers briefly lost radar and radio signals while guiding planes to Newark Liberty International Airport in New Jersey last week.Bloomberg first reported on Monday that air traffic controllers lost signal for nearly 90 seconds on April 28, shortly before the airport suffered massive delays and flight cancellations.The air traffic controllers were working at the Federal Aviation Administration (FAA) operation in Philadelphia that […]

todayMay 5, 2025 4

Treasury Secretary Bessent tells investors Trump’s policies will deliver ‘golden age economy’

Business

Treasury Secretary Bessent tells investors Trump’s policies will deliver ‘golden age economy’

Treasury Secretary Scott Bessent on Monday said at an investor conference that President Donald Trump's policies will drive economic growth.Bessent delivered remarks at the Milken Institute Global Conference and participated in a question-and-answer session with Chairman Michael Milken, in which he touted the administration's progress in the more than three months since the inauguration."America deserves a golden age economy, so for the past 100 days, we've been preparing the soil," Bessent said. […]

todayMay 5, 2025 7

OpenAI backs off push to become for-profit company

Business

OpenAI backs off push to become for-profit company

OpenAI announced on Monday that the artificial intelligence (AI) giant is scuttling its plan to move the company away from a nonprofit structure to becoming a for-profit company.The ChatGPT-maker created a for-profit limited liability company (LLC), which it will now convert into a public benefit corporation that considers the interests of shareholders as well as OpenAI's mission. OpenAI's nonprofit will have operational control over the public benefit corporation and will […]

todayMay 5, 2025 7

Stablecoin bill, originally bipartisan, hits snag as Dems splinter

Business

Stablecoin bill, originally bipartisan, hits snag as Dems splinter

Sen. Bill Hagerty, R-Tenn., recently got the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act regulating stablecoin "hotlined" for a quicker Senate vote process, just as Democrats began raising both political and policy concerns about the legislation they previously supported."The GENIUS Act (Guiding and Establishing National Innovation for U.S. Stablecoins) creates a strong, forward-looking regulatory framework to modernize our payment systems and affirms the dominance of the U.S. […]

todayMay 5, 2025 4

Trump floats reopening Alcatraz – here’s how much revenue the notorious prison generates

Business

Trump floats reopening Alcatraz – here’s how much revenue the notorious prison generates

President Donald Trump on Sunday announced that he's directing federal agencies to reopen the prison at Alcatraz after rebuilding and expanding the prison that was shuttered over 60 years ago and currently serves as a museum and tourist destination in the San Francisco Bay Area.The maximum-security federal penitentiary at Alcatraz Island opened in 1934, located 1.25 miles from the coast, where it was thought to be escape-proof because of the San […]

todayMay 5, 2025 11