In a bombshell that the world’s most-popular motorsport could do without, US Congress is taking on F1. Accused of ‘cartel-like behaviour’ in locking Andretti-Cadillac out of the sport. New revelations have come to light this week. Specifically, while the FIA green-lit American racing icon Michael Andretti’s bid to field an eleventh team in 2025, the … Read more
A Senate subcommittee has summoned Boeing CEO David Calhoun to testify about the company’s jetliners in an inquiry prompted by new safety-related charges from a whistleblower. The panel said it will hold a hearing next week featuring a Boeing quality engineer, Sam Salehpour, who is expected to detail safety concerns involving the manufacture and assembly … Read more
The U.S. House’s chief administrative office did not immediately respond to a Reuters request for comment. Updated: March 30, 2024 12:26 PM IST By Reuters President Joe Biden. (AP Photo/Evan Vucci) Washington, DC: The US House of Representatives has set a strict ban on congressional staffers’ use of Microsoft’s Copilot generative AI assistant, Axios reported … Read more
The U.S. Congress early on Saturday overwhelmingly passed a $1.2 trillion budget bill, keeping the government funded through a fiscal year that began six months ago and sending it to President Joe Biden to sign into law and avert a partial shutdown. The vote on passage was 74-24. Key federal agencies including the departments of … Read more
The Cofa deals were originally meant to be passed as part of the federal budget in October, when the new fiscal year began. The House of Representatives passed the bill 339-85 on Wednesday. It now heads to President Joe Biden for his signing into law. 01:48 US pledges support to Pacific Islands, rivalling China’s influence … Read more
Washington: Congress passed another short-term spending measure Thursday that would keep one set of federal agencies operating through March 8 and another set through March 22, avoiding a shutdown for parts of the federal government that would otherwise kick in Saturday. The bill now goes to President Joe Biden to be signed into law. The … Read more
US senator Tom Cotton repeatedly asked TikTok’s Singaporean chief Shou Zi Chew about his ties with China and if he had ever belonged to the Chinese Communist party during a hearing over alleged online harms to children. It was the first appearance by Chew before lawmakers in the US since March, when the Chinese-owned short … Read more
In economic forecasts published alongside the last Fed decision, policymakers indicated that they expect as many as three quarter percentage-point rate cuts this year – although they did not indicate when they might begin. Grocery items at a supermarket in Chicago, Illinois. The Fed’s favoured measure of inflation has dipped below 3 per cent. Photo: … Read more
