WASHINGTON (Reuters) – The Federal Aviation Administration said on Monday it is reversing a four-year-old decision to rename pilot messages and reinstating the prior “Notice to Airmen” term. In December 2021, the FAA under President Joe Biden renamed the messages “Notices to Air Missions,” commonly known as NOTAMs, saying it was “inclusive of all aviators…
By Foo Yun Chee BRUSSELS (Reuters) – Microsoft has offered to widen the price differential between its Office product sold with its chat and video app Teams and its software sold without the app in a bid to avert a possible EU antitrust fine, according to three sources. The move by the U.S. tech giant…
By Katie Paul NEW YORK (Reuters) – Facebook owner Meta Platforms plans to carry out its expected company-wide layoffs next week while pushing ahead with the expedited hiring of machine learning engineers, it told staffers in internal memos seen by Reuters on Friday. Notices will go out to employees losing their jobs starting at 5…
By Joey Roulette, Marisa Taylor and Aram Roston WASHINGTON, (Reuters) – President Donald Trump’s nominee as Air Force Secretary, currently a top official at the national spy satellite agency, arranged a multibillion-dollar contract solicitation in a way that favored Elon Musk’s SpaceX, according to seven people familiar with the contract. Changes to the requirements for…
(Reuters) -Bank of America Corp increased the compensation for Chief Executive Officer Brian Moynihan by roughly 21% to $35 million for 2024, the lender said in a filing on Friday. That compares with Moynihan’s pay of $29 million in 2023. Last month, the lender’s fourth-quarter profit beat expectations as its traders benefited from a flurry…
(Reuters) – Trump Media and Technology Group said on Thursday it has applied to trademark six investment products that track bitcoin and the U.S. manufacturing and energy sectors. The trademarks include Truth.Fi Bitcoin Plus ETF, Truth.Fi Made in America ETF, and Truth.Fi U.S. Energy Independence ETF. Trump Media and Technology Group (TMTG) is yet to…
By Georgina McCartney and Arathy Somasekhar HOUSTON (Reuters) – U.S. refiner Delek has the option to run more light, sweet crude oil if it is economical to do so, CEO Avigal Soreq said on Thursday, amid tariff uncertainty threatening supplies of heavy sour grades from Canada and Mexico. U.S. President Donald Trump on Saturday announced…
WASHINGTON (Reuters) -Agents working for billionaire Elon Musk have accessed highly restricted government records on millions of federal employees maintained by the Office of Personnel Management, the Washington Post reported on Thursday, citing four U.S. officials with knowledge of the developments. The records accessed by Musk’s Department of Government Efficiency (DOGE) included Treasury and State…
By Steve Holland and Nandita Bose WASHINGTON (Reuters) -U.S. President Donald Trump will meet with the CEOs of U.S. Steel and FedEx on Thursday, White House officials said. Nippon Steel’s bid to acquire U.S. Steel was blocked last month by then-President Joe Biden, citing national security concerns. U.S. Steel CEO David Burritt has appealed to…
WASHINGTON (Reuters) – U.S. Defense Secretary Pete Hegseth said on Wednesday that the Pentagon was prepared to look at all options when it came to Gaza, a day after President Donald Trump said that he would like the U.S. to take control of and redevelop the Gaza Strip. “I would just say, on the question…
