Flight delays climbed over the weekend amid an FAA staffing squeeze, and more disruptions are expected as air traffic controllers miss their first full paycheck Tuesday. Transportation Secretary Sean Duffy said controllers are “wearing thin” and acknowledged a spike in sick calls, with nearly two dozen staffing shortfalls Saturday across...
Paramount Skydance will cut about 1,000 U.S. jobs Wednesday, Oct. 29, the first wave in a plan that could eliminate roughly 2,000 U.S. roles, with more layoffs expected internationally. The freshly merged company, led by chairman and CEO David Ellison, is pursuing cost reductions of up to $2 billion. President...
On Monday, Day 27 of the government shutdown, roughly 3,370 U.S. flights were delayed and 118 flights into or out of the country were canceled, FlightAware reported. The slowdowns followed weekend backups, with more than 8,700 Sunday delays as air traffic controller shortages deepen. Transportation Secretary Sean Duffy said controllers...
Stocks climbed toward fresh records Monday as Wall Street braced for a crowded week. The S&P 500 rose 1%, the Dow added 248 points, and the Nasdaq gained 1.7%, extending Friday’s highs. Optimism grew ahead of a U.S.-China leaders meeting and the Federal Reserve’s rate decision, with traders largely expecting...
John Dickerson will leave CBS News at year’s end, heightening uncertainty around the revamped CBS Evening News he co-anchors with Maurice DuBois and a streaming-only follow-up. In a social post, he thanked colleagues and viewers, saying he will miss them. CBS News President Tom Cibrowski said Dickerson decided to step...
Nothing teased its upcoming Phone 3a Lite with a three-second X video and set an Oct. 29 launch at 9 a.m. ET/1 p.m. GMT, hinting at a lower-priced take on last year’s 3a line and showing a blinking LED in the corner. But fan anger is focused elsewhere: the latest...
Huntington Bancshares will acquire Cadence Bank in an all-stock deal worth $7.4 billion, creating a top-ten bank with $276 billion in assets and $220 billion in deposits. Cadence holders will receive 2.475 Huntington shares per share, valuing the offer at $39.77. The bank raised its medium-term ROTCE target to 18%–19%...
After eight trips to Washington, Ryosei Akazawa secured a deal that swapped lower‑than‑threatened U.S. tariffs for a $550 billion Japanese fund to finance American projects chosen at President Trump’s direction, with profits largely flowing to the United States. Three months on, both governments are still sorting how to invest the...
US stock futures rose Sunday after US and Chinese representatives agreed on a trade-deal framework that could avert tariffs up to 157%, while investors bet on a rate cut. Dow, S&P 500 and Nasdaq futures gained 0.65%, 0.74% and 0.92%. The Dow closed above 47,000 Friday after CPI showed inflation...
Treasury Secretary Scott Bessett said he has “felt pain” from China’s halt on U.S. soybeans, telling ABC’s This Week, “I’m actually a soybean farmer.” He said two days of talks produced a “substantial framework” he believes will ease growers’ worries, ahead of President Donald Trump’s meeting with China’s Xi Jinping...
