By David Shepardson WASHINGTON (Reuters) -Personnel from Elon Musk’s government downsizing team DOGE will make additional visits to Federal Aviation Administration facilities as they assist in efforts to modernize U.S. national airspace, the acting head of the agency said on Wednesday. Acting FAA Administrator Chris Rocheleau said the DOGE team — which visited the Air…
By Ross Kerber (Reuters) – New policies from the top U.S. securities regulator hand corporate boards more power over investors in ways that could curtail investor-initiated reform efforts on everything from climate policy to director contests, experts say. Since last month when U.S. President Donald Trump named Mark Uyeda acting chair of the Securities and…
(Reuters) – A federal judge on Tuesday ordered a Democrat who served as the chair of a U.S. agency that hears appeals by federal government employees when they are fired or disciplined to be temporarily reinstated after Republican U.S. President Donald Trump fired her. U.S. District Judge Rudolph Contreras in Washington issued a temporary restraining…
HONG KONG (Reuters) – The Hong Kong shares of Baidu plunged on Monday, wiping $2.4 billion off its market value, after the founder of the Chinese search engine giant was not spotted at a rare meeting between President Xi Jinping and corporate leaders. Xi hosted a symposium in Beijing with the country’s top tycoons, including…
By Tom Hals WILMINGTON, Delaware (Reuters) – A U.S. judge has scheduled a rare holiday court hearing on Monday, in a case brought by Democratic state attorneys general seeking to protect major federal agencies from Elon Musk’s government cost-cutting team known as DOGE. U.S. District Judge Tanya Chutkan in Washington, D.C., on Sunday called the…
By Katie Paul and Harshita Mary Varghese (Reuters) -Meta Platforms is establishing a new division within its Reality Labs unit to develop AI-powered humanoid robots that can assist with physical tasks, according to an internal company memo viewed by Reuters on Friday. Facebook parent Meta is entering the competitive field of humanoid robotics, joining rivals…
By Tom Hals WILMINGTON, Delaware (Reuters) – Two federal judges will consider on Friday whether Elon Musk’s government cost-cutting team known as DOGE will have access to Treasury Department payment systems and potentially sensitive data at U.S. health, consumer protection and labor agencies. Musk’s team has swept through government agencies since Republican Donald Trump became…
By Rich McKay (Reuters) – At least 24 cases of measles have been reported in an outbreak in Gaines County, Texas, state officials said, warning that more cases of the highly contagious disease were likely to surface. None of the infected people in the community, about 90 miles southwest of Lubbock, Texas, and near the…
By Nathan Layne (Reuters) -Gavin Kliger, one of the top staffers working with Elon Musk in his efforts to overhaul the federal government, arrived at the Internal Revenue Service on Thursday to examine the agency’s operations, according to two people familiar with the matter. Kliger was meeting with senior executives at the tax-collecting agency, marking…
By Mike Stone, Fanny Potkin and Wen-Yee Lee WASHINGTON/SINGAPORE/TAIPEI (Reuters) -The White House is seeking to renegotiate U.S. CHIPS and Science Act awards and has signaled delays to some upcoming semiconductor disbursements, two sources familiar with the matter told Reuters. The people, along with a third source, said the new administration is reviewing the projects…
