A Houston-bound Boeing 787-9 Dreamliner, en route from Tokyo, was forced to divert to Seattle on Saturday morning after a passenger allegedly attempted to open an emergency exit door mid-flight. According to officials at Seattle-Tacoma International Airport, both passengers and flight crew intervened to restrain the individual, ensuring the safety of those onboard. The flight,…
Category: News
Masayoshi Son and Trump Back $300 Billion US-Japan Wealth Fund With Global Ambitions
Masayoshi Son, the influential billionaire behind SoftBank, is collaborating with the Trump administration to establish a massive US-Japan sovereign wealth fund. The fund, potentially worth hundreds of billions of dollars, aims to fuel investments in technology and infrastructure across the United States. The concept has already reached top-level discussions involving US Treasury Secretary Scott Bessent…
FAA’s Outdated Systems and Staffing Crisis Push U.S. Air Traffic Control to the Brink
In 2024, the FAA supervised nearly 16.8 million flights—over half a million more than the year before—yet it continues to rely on an air traffic control system from the early 1990s. Designed for a far less congested airspace and antiquated by today’s standards, this system struggles to cope with modern aviation demands. Despite increasing air…
Treasury Ends Penny Production in 2026 as Retailers Prepare for Gradual Cash Rounding
The U.S. Treasury Department has announced that it will begin phasing out production of the penny in early 2026, ending more than two centuries of minting the one-cent coin. Despite this move, the penny will remain legal tender and continue to be accepted at retailers across the country for the foreseeable future. This decision aligns…
House GOP Pushes Major Clean Energy Cuts as Senate Republicans Signal Willingness to Revise Rollbacks
House Republicans have passed a sweeping reconciliation bill that significantly rolls back clean energy tax credits established under the Inflation Reduction Act (IRA), sending a strong message to the clean energy sector. The legislation, passed early Thursday, includes aggressive changes that restrict tax benefits for renewable energy sources like wind and solar while offering support…
U.S. Mint Ends Penny Production as Coin Costs Soar and Paper Currency Proves More Efficient
The U.S. penny, long a staple of American currency, is approaching its end due to inefficiency and high production costs. Each penny costs approximately 3.69 cents to manufacture and distribute, nearly four times its face value. This cost has steadily risen, increasing by over 20% since the previous year. The U.S. Mint has responded to…
Trump Touts $14 Billion U.S. Steel–Nippon Deal Promising Jobs, Despite Security and Union Backlash
Former President Donald Trump revealed a significant partnership between U.S. Steel and Japan’s Nippon Steel, promising to bring $14 billion in investment and at least 70,000 jobs to the American economy. Trump made the announcement on TruthSocial, emphasizing that the investment will primarily occur over the next 14 months and that the headquarters of U.S.…
Trump Threatens 25 Percent Tariff on All Foreign-Made Smartphones, Targeting Apple and Rivals
Former President Donald Trump has escalated his pressure on global smartphone manufacturers by proposing a 25 percent tariff not just on Apple, but on all companies producing smartphones outside the United States. Following his post on Truth Social targeting Apple, Trump clarified in a White House press conference that the tariffs would also apply to…
EU Pushes Back as Trump Threatens 50% Tariff, Raising Fears of Global Trade War
The European Union has firmly responded to threats from former US President Donald Trump, who proposed a 50 percent tariff on all goods from the EU. The EU’s top trade official, Maros Sefcovic, stated that the bloc is committed to a fair and mutually beneficial trade agreement with the United States. Following talks with US…
Hinge Health Surges in NYSE Debut as Investors Back Digital Rehab Breakthrough
Hinge Health made a notable entrance onto the New York Stock Exchange, with its shares surging 23% above its initial public offering (IPO) price of $32, opening at $39.25. By the end of the day, the stock closed at $37.56, marking a 17% increase and pushing the company’s market capitalization beyond $3 billion. The IPO…