Next-generation US jet fighter program may get hit by budget woes
The U.S. Air Force's ambitious next-generation fighter jet program, envisioned as a revolutionary leap in technology, could become less ambitious as budget pressure, competing priorities and changing goals compel a rethink, defense officials and industry executives said.
Initially conceived as a "family of systems" centered around a sixth-generation fighter jet, the Next Generation Air Dominance (NGAD) program is meant to replace the F-22 Raptor and give the United States the most powerful weaponry in the sky well into the mid-21st century.
About 3,000 migrants travel in caravans to US border, undeterred by crackdown
About3,000peoplecarryingbags,waterandsmall children trod through intense heat along a highway in southern Mexico on Tuesday, traveling in two groups aiming to reach the U.S. border.
Over the past week migrants have launched two caravans - large groups of people walking together - bound for the United States. In the past such caravans have stirred intense debate in the United States, where immigration is likely to be a key topic ahead of the Nov. 5 presidential election.
"Whoever is (in charge of the U.S. government), we will continue the fight to be there," said Leivi Galvna, a migrant from Honduras. "We have to fight for our dream."
As they walked, the group shouted phrases like "yes we can," while pushing worn-out strollers.
FAA, union agree on new rest rules for air-traffic controllers
The U.S. Federal Aviation Administration said on Wednesday it had struck a deal with an employee union to ensure that air-traffic controllers receive additional rest as the agency deals with a staffing shortage.
Under current rules, controllers handling active airplanes must get an eight- or nine-hour break between shifts in most instances.
TheFAAsaidcontrollerswillreceive10 hoursoffduty between shifts and 12 hours off before and after midnight shifts when the new rules take effect with 2025 schedules to be negotiated under the deal with the National Air Traffic Controllers Association. Controllers will have limits on the number of consecutive overtime assignments.
US economy regains speed in second quarter; price pressures easing
The U.S. economy grew faster than expected in the second quarter amid solid gains in consumer spending and business investment, but inflation pressures subsided, leaving intact expectations of a September interest rate cut from the Federal Reserve.
Growth last quarter also received a boost from inventory building as well as increased government spending, the Commerce Department's advance report on second-quarter gross domestic product on Thursday showed. The housing market recovery, however, regressed and wasasmalldragonthe economy.Thetradedeficit widened further, subtracting from GDP growth.
The report dispelled concerns that the economic expansion was in danger of an abrupt end, which had been stoked by a lackluster performance in the first quarter and in April.
Microsoft's LinkedIn settles lawsuit claiming it overcharged advertisers
LinkedIn agreed to pay $6.625 million to settle a proposed class action accusing the Microsoft (MSFT.O), opens new tab unit of overcharging advertisers by inflating how many people watched video ads on its platform.
A preliminary settlement was filed late Thursday in San Jose, California federal court, and requires approval by U.S. Magistrate Judge Susan van Keulen in San Jose, California.
LinkedIn deniedwrongdoing.It also agreedtousereasonable effortsfortwoyearsto hireanoutsideauditor to review its ad metrics.
Souce:
https://www.reuters.com/legal/microsofts-linkedin-settles-lawsuit-claiming-itovercharged-advertisers-2024-07-26/