Air Taxis Inch Closer to 2025 Takeoff After Long Awaited FAA Rule Passes

Air Taxis Inch Closer to 2025 Takeoff After Long-Awaited FAA Rule Passes

The regulator’s specifications for air taxi operation allayed startups’ fears that its newly minted aircraft category created wouldn’t jibe with their designs.

Business - Inc. - October 23

FAA rule creates 'operating environment' for 'air taxis'

The Federal Aviation Administration issued the final rule for air taxis and other electric-powered aircraft on Tuesday, calling the regulations the "final piece in the puzzle" to introducing these ...

Politics - The Hill - October 23

Mortgage rates inch closer to 7% after Fed rate cut and Trump’s win

Mortgage applications rose 0.5% in the past week, the Mortgage Bankers Association said.

Business - MarketWatch - November 13

After 43 Years, McDonald’s Just Made a Long-Awaited Announcement

McDonald’s has finally given up the game. At least there’s no pretending anymore.

Business - Inc. - 12 hours ago

Air taxi firm Lilium's shares plunge 61% after company says main subsidiaries will file for insolvency

Shares of Lilium tanked Thursday after the air taxi firm said in a filing that its two main subsidiaries plan on filing for insolvency in the coming days.

Business - CNBC - October 24

Republicans retake control of US Senate

Republicans gain three seats, guaranteeing them at least 52 out of 100 in the new upper chamber.

GOP inches closer to retaining House majority

Control of the House has yet to be determined, as a number of critical races remain too close to call, leaving lawmakers — and voters — waiting to see which party will hold the majority next year. ...

Politics - The Hill - November 9

Middle East awaits Iran’s move after Israeli air strikes shake Tehran

With each escalation, the spectre of all-out war looms ever larger

Business - Financial Times - October 27

10,000 North Korean troops in Russia, inching closer to fight in Ukraine: Pentagon

North Korea has sent about 10,000 troops to train in Russia with the expectation they’ll be sent to fight in Ukraine within “the next several weeks,” the Pentagon said Monday. “We believe that the ...

Politics - The Hill - October 28

Warriors inch closer to NBA history with 3-point barrage vs. Pelicans

The Golden State Warriors' 3-point barrage against the New Orleans Pelicans on Tuesday inched them closer to NBA history.

Sports - Yahoo Sports - October 30

GOP Rep. Valadao holds Central Valley, California, swing seat

The seat was a top target for Democrats, who were hoping to finally clinch the district.

Politics - Politico - November 12

Republicans inch closer to formally locking up House majority

Politics - Politico - November 11

Archer Aviation Brings Electric Air Taxis to Japan in Deal with Japan Airlines

World - Yahoo News - November 7

Airplane returns to airport after takeoff after hitting a bird, catching on fire

The plane, bound for the Chinese city of Shenzhen with 249 passengers and 16 crew members, landed safely after dumping fuel over the sea.

Israel targeted military sites in long-awaited counterstrike on Iran

In a statement, Israel Defense Forces said that "in response to months of continuous attacks," it conducted "precise strikes on military targets in Iran."

UK’s long-awaited Budget Day arrives

Plus, tech, pharma and oil lead the earnings run, Bank of Japan makes a rate call and Britain’s opposition party picks a new leader

World - Financial Times - October 27

American Airlines flight avoids Hawaii mountain in 'expedited climb' after takeoff

An American Airlines flight departing Hawaii was hastily ordered to make an “expedited climb” to avoid crashing into mountainous terrain on Wednesday.

China to offer Taliban tariff-free trade as it inches closer to isolated resource-rich regime

China will offer the Taliban tariff-free access to its vast construction, energy and consumer sectors, Beijing’s envoy to Afghanistan said on Thursday.

Bitcoin rises 3% after topping $73,000 for the first time since March

Bitcoin has struggled to reclaim the $70,000 level this year after reaching a record of $73,797.68 in March.

Business - CNBC - October 29

FAA bans flights to Haiti after aircraft struck by bullets

The Federal Aviation Administration issued an order on Tuesday prohibiting US flights below 10,000 feet over Haiti for the next 30 days after several planes were struck by gunfire amid gang ...

Politics - The Hill - November 13

Bulls' Ball returns: 'Just trying to give good minutes'

Bulls guard Lonzo Ball checked into Wednesday night's game with 6:14 left in the first quarter to mark his first official NBA game since January 2022.

Sports - ESPN - October 24

China’s lawmakers gather to approve long-awaited fiscal stimulus

Local governments have been weighed down by trillions of dollars of debt

World - Financial Times - November 4

Gaetz resigns from Congress — possibly skirting long-awaited Ethics report

His resignation came the same day Donald Trump nominated him to be attorney general, but some Republicans think he had other motivations.

Politics - Politico - November 13

Lilium was once a promising 'air taxi' startup worth billions. Now it's on the brink of insolvency

German aerospace startup Lilium faces insolvency if it doesn't raise emergency funding from the state government for the southeastern state of Bavaria.

Business - CNBC - October 23

A crumbling system of trade rules awaits Trump’s wrecking ball

The new administration confronts a WTO already undermined by long-standing US disapproval

World - Financial Times - November 14

Qantas plane makes emergency landing due to engine failure soon after takeoff

A Qantas plane made an emergency landing after returning to Sydney Airport in Australia shortly after taking off after an engine failed, the airline said.

'Incalculable' bill awaits Spain after historic floods

World - Yahoo News - November 5

Excessive drinking inches higher after pandemic increase: Research

Excessive drinking continued increasing in 2022, after rising during the worst of the COVID-19 pandemic, according to a new study that was released on Tuesday. The study, published in the Annals ...

Politics - The Hill - November 12

FAA bans US flights to Haiti for 30 days after planes struck by gunfire

Flights into and out of Port-au-Prince, Haiti, were suspended by Spirit and JetBlue after planes were struck by gunfire.

FAA bans U.S.-Haiti flights for 30 days after flights struck by gunfire

A Spirit Airlines plane was struck by gunfire as it was trying to land at Port-au-Prince airport.

Business - CNBC - November 12

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