Industry

The U.S. Department of Transportation recently made significant amendments to the Transportation Infrastructure Finance and Innovation Act (TIFIA) program. These changes, outlined in the 2021 Infrastructure Investment and Jobs Act (IIJA), aim to provide clarity on interest rates for longer-term loans and expand eligibility criteria for projects. The TIFIA program, established in 1998, plays a
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The recent development in contract talks between American Airlines and the Association of Professional Flight Attendants has brought to light the ongoing struggle for fair wages. Despite CEO Robert Isom’s proposal to immediately raise pay by 17%, the union representing American Airlines flight attendants rejected the offer. This decision has potentially brought the threat of
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Boeing CEO Dave Calhoun is set to testify before a Senate panel on June 18th in response to whistleblower allegations and concerns about quality control within the aircraft manufacturing company. Senator Richard Blumenthal, chairman of the Senate Permanent Subcommittee on Investigations, expressed the importance of Calhoun’s testimony in addressing Boeing’s failures and rebuilding public trust
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Michael Saylor, known for his role as the cofounder of MicroStrategy and a strong supporter of Bitcoin, has been actively sharing his thoughts on the future of cryptocurrency through a series of daily tweets. Recently, one of his tweets coincided with Bitcoin’s price surpassing the $71,000 mark, reflecting the growing interest in digital currencies. Saylor
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The recent surge in account hacks targeting Binance users has raised significant concerns about the security measures employed by the platform. Wu Blockchain reported on multiple cases where users lost millions of dollars due to hackers exploiting hijacked cookies to bypass password and two-factor authentication verification. These incidents, such as the case of Chinese user
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Paramount Global’s current leadership, consisting of CBS CEO George Cheeks, Paramount Media Networks CEO Chris McCarthy, and Paramount Pictures CEO Brian Robbins, recently unveiled a plan at the company’s annual shareholder meeting. This plan outlines strategic priorities, which include exploring joint venture opportunities in the streaming industry with other media companies, cutting costs by $500
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