Nov 28, 2023
US Senator says deal in works to resolve FAA pilot training dispute

By David Shepardson WASHINGTON (Reuters) -Republican Senator John Thune said on Tuesday a deal is in the works to resolve a months-long standoff over pilot training requirements that has stalled a major aviation reform bill. The U.S. House of Representatives…

Nov 28, 2023
Disney CEO Bob Iger says company is ready to start building

By Dawn Chmielewski (Reuters) -Walt Disney CEO Bob Iger told employees he faced a "myriad of challenges" upon returning to the company but he remained upbeat about its prospects. “I won't say that it was easy," Iger said in remarks…

Nov 27, 2023
US federal judge rules against Meta in privacy fight with FTC

WASHINGTON (Reuters) -Meta Platforms, which owns WhatsApp, Instagram and Facebook, lost the latest round of a court battle over privacy on Monday after a federal judge ruled a U.S. regulator can seek to reduce the amount of money the social…

Nov 27, 2023
EV battery startup ONE cuts workforce by 25%

(Reuters) - Our Next Energy (ONE) said on Monday it has cut around 25% of its workforce, or 128 employees, as the electric-vehicle battery startup deals with high borrowing costs and an uncertain economy. The company, founded by former Apple…

Nov 23, 2023
OpenAI’s new-look board as Altman returns

(Reuters) -ChatGPT-maker OpenAI on Tuesday said it reached an agreement for Sam Altman to return as CEO days after his ouster, and also agreed in principle to partly reconstitute the board of directors that had dismissed him. Bret Taylor, formerly…