Tag Archives: Admin

Southwest stock sinks after mass flight cancellations, scrutiny from Biden admin

Southwest stock sinks after mass flight cancellations, scrutiny from Biden admin

Shares of Southwest (LUV) sank as much as 6% on Tuesday after the airline canceled thousands of flights, leaving passengers stranded at airports and drawing scrutiny from federal officials. Southwest had canceled more than 2,590 flights on Tuesday as of 2:30 p.m. ET, or about 63% of its scheduled flights, according to tracker FlightAware. The disruption exacerbates a meltdown that began over the holiday weekend and saw 2,900 flights canceled on Monday. The U.S. Transportation Department (USDOT)… Source link

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Exclusive: Trump admin slams China’s Huawei, halting shipments from Intel, others

By Karen Freifeld and Alexandra Alper NEW YORK/WASHINGTON (Reuters) – The Trump administration notified Huawei suppliers, including chipmaker Intel, that it is revoking certain licenses to sell to the Chinese company and intends to reject dozens of other applications to supply the telecommunications firm, people familiar with the matter told Reuters. The action – likely the last against Huawei Technologies under Republican President Donald Trump – is the latest in a long-running effort to… Source link

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Cuomo Threatens to Sue Trump Admin. to Ensure Vaccine Is Distributed to ‘Black and Brown Communities’

New York Governor Andrew Cuomo on Sunday threatened to sue the Trump administration if it does not change its coronavirus vaccine distribution plan to allow for more equitable delivery among “black and brown communities” hardest-hit by the virus. “The Trump administration is designing the distribution plan, and their plan basically has private health care companies administer the vaccines,” Cuomo said in a speech at Manhattan’s Riverside Church. “The president talks about CVS and… Source link

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