By David Shepardson and Eric M. Johnson WASHINGTON (Reuters) -The U.S. Federal Aviation Administration (FAA) on Tuesday said it would perform final inspections on new Boeing 787 Dreamliner aircraft, and will not allow the planemaker to self-certify the jets. The U.S. aviation regulator said it notified Boeing of the decision that it will retain the…
SACRAMENTO, Calif. (AP) — Two California Democratic lawmakers took separate aim Tuesday at pandemic disinformation they argue receives a broad audience and misplaced credibility through social media platforms — rejecting concerns that their legislation might carry free speech or business privacy considerations. Sen. Richard Pan’s proposal, which still is being finalized, would require online platforms…
Airbnb reported a $55 million profit for the fourth quarter, reversing a huge loss a year earlier, as its revenue soared above pre-pandemic levels. The San Francisco-based short-term-stay company said bookings surged in small and towns and rural areas, and improved even in urban areas, which were hit hardest earlier in the pandemic. Airbnb hosts…
(Reuters) – Meta Platforms Inc said on Tuesday it had closed its acquisition of Kustomer, a U.S. customer service startup, after winning conditional EU antitrust approval for the deal last month. The purchase was first announced in November 2020 but got delayed due to regulatory scrutiny including a full-scale investigation from the European Commission. The…
SAO PAULO (Reuters) – Brazilian planemaker Embraer SA said on Tuesday that American Airlines has placed a firm order for three new E175 aircraft, which will be operated by its Envoy Air subsidiary. According to Embraer, the deal was valued at $160.2 million and will be included in the company’s 2021 fourth-quarter backlog. The deliveries…
Hope Nankunda is fighting to keep young Ugandan girls in school and away from marriages until after they turn 18. It’s a calling that began for Nankunda as a teacher, when she found herself spending more time counseling her students than engaging in classroom instruction. “They share about the challenges in their communities, in their…
By Mayela Armas CARACAS (Reuters) – The Venezuelan central bank’s gold reserves dropped seven tonnes last year to a new 50-year low, according to financial statements published by the bank on Tuesday. The quantity of gold bars at the bank’s vaults in Caracas fell to an equivalent of 79 tonnes, down from 86 tonnes equivalent…
By David French and Laura Sanicola (Reuters) – EP Energy is exploring a sale of oil-producing acreage in Utah it hopes will avert a challenge from a U.S. antitrust regulator to its agreed $1.5 billion takeover by private equity firm EnCap Investments LP, people familiar with the matter said. The Federal Trade Commission (FTC) has…
By David Morgan, Pete Schroeder and Lindsay Dunsmuir (Reuters) -The head of the U.S. Senate Banking Committee on Tuesday delayed a vote on President Joe Biden’s five nominees to the Federal Reserve, including Chair Jerome Powell, after Republicans staged a boycott over objections to Sarah Bloom Raskin, the White House’s pick to be the central…
Federal safety regulators say they will retain power to approve Boeing 787 airliners for flight rather than return that authority to the aircraft maker, which hasn’t been able to deliver any new Dreamliner planes since last May because of production flaws. The Federal Aviation Administration said it told Boeing of its decision Tuesday. The FAA…
