November 13, 20240 Comments

FAA bans U.S.-Haiti flights for 30 days

Spirit Airlines airplanes at Fort Lauderdale-Hollywood International Airport (FLL) in Fort Lauderdale, Florida, US. Eva Marie Uzcategui | Bloomberg | Getty Images The Federal Aviation Administration on Tuesday banned U.S. civilian flights to and from Haiti for 30 days after a Spirit Airlines airplane was struck by gunfire trying to land in Port-au-Prince a day earlier. The FAA’s ban also prohibits U.S. flights from traveling under 10,000 feet in Haiti’s

Read More
November 13, 20240 Comments

AirTag users will soon be able to share location with airlines

LaGuardia Airport named Best U.S. Airport by Forbes Travel Guide LaGuardia Airport named Best U.S. Airport by Forbes Travel Guide 00:27 Apple is rolling out a new feature designed to make it easier for passengers — and airlines — to retrieve misplaced bags. The new function, called Share Item Location, is available as part of the public beta of iOS 18.2, and is coming soon to iPhone X and newer

Read More
November 13, 20240 Comments

Japan is ramping up efforts to revive its once dominant chip industry

Japan is looking to revitalize its semiconductor industry. The Japanese government has unlocked billions of dollars in subsidies for its domestic chip sector. Thicha Studio | Istock | Getty Images Japan has announced a new plan to revitalize the country’s semiconductor and artificial intelligence industries as it works to regain its chip leadership. The proposal will provide support worth 10 trillion yen ($65 billion) or more by fiscal 2030, Prime

Read More
November 13, 20240 Comments

Dollar, bitcoin slow momentum as markets eye US inflation By Reuters

By Brigid Riley TOKYO (Reuters) -The U.S. dollar held below a 6-1/2-month peak against major peers and bitcoin edged further off record highs on Wednesday as markets hit pause on so-called Trump trades ahead of key U.S. inflation data later in the day. The dollar is reaping the benefits of Republican Donald Trump’s victory in the U.S. presidential election last week, sitting not far from Tuesday’s high of 106.17, its

Read More
November 13, 20240 Comments

Exclusive-Chinese giant CATL pushes beyond batteries into power grids, EV platforms By Reuters

NINGDE, China (Reuters) – Robin Zeng, the billionaire founder of CATL, aims to reinvent the world’s largest battery maker as a green-energy provider and to slash the cost of developing electric vehicles, upending the economics of the industry that has powered its growth. Zeng told Reuters in an interview that he expects the business of developing and managing “zero carbon” electric grids could be “ten times” larger than supplying electric-vehicle

Read More
November 13, 20240 Comments

down to $87k as Trump rally cools, Doge falls from 3-yr high By Investing.com

Investing.com– Bitcoin fell from record highs on Wednesday, retreating as optimism over a Donald Trump presidency now appeared to be cooling, with focus turning to upcoming U.S. inflation data for more cues.  Major meme token Dogecoin also retreated on Wednesday after a stellar run-up to three-year highs in recent sessions, as traders locked-in profits after Trump confirmed Elon Musk and Vivek Ramaswamy will lead the Department of Government Efficiency (DOGE).

Read More
November 13, 20240 Comments

Bitcoin Rally Cools After Jump of About 30% Since Trump Victory

(Bloomberg) — A surge in Bitcoin has paused as traders assess the remaining market impact of President-elect Donald Trump’s rhetorical support for crypto. Most Read from Bloomberg The digital asset is up about 30% in the wake of Trump’s Nov. 5 election victory, hitting a record of $89,968 on Tuesday, based on data compiled by Bloomberg. The token fell back to $86,550 as of 6:30 a.m. Wednesday in London. Trump

Read More
November 13, 20240 Comments

Dogecoin briefly surges 20% after Trump announces a Department of Government Efficiency — DOGE

Dogecoin shot higher on Tuesday night, extending its postelection surge after President-elect Donald Trump formally announced the creation of the Department of Government Efficiency, which he referred to as “DOGE” in his statement. Tesla CEO Elon Musk and Vivek Ramaswamy, former Republican presidential candidate and Strive Asset Management co-founder, will lead the department, Trump said in a statement. Together, they “will pave the way for my Administration to dismantle Government

Read More
November 13, 20240 Comments

Government to order review of prosecutions

The government is set to order an independent review of rail fare prosecutions and enforcement by train companies following reports of disproportionate action against passengers by revenue protection teams. The BBC understands that Transport Secretary Louise Haigh will ask the Office for Rail and Road to look at how fare evasion is dealt with. Train operators have a number of tools to deal with passengers who have underpaid or not

Read More