Politics

Senators press Buttigieg to increase airline passenger compensation for canceled and delayed flights

CNN — Three Democratic senators urged the Department of Transportation on Wednesday to increase airline passengers’ compensation for canceled and delayed when the airline is at fault. The pressure campaign comes on the eve of Thanksgiving, as airlines prepare for near pre-pandemic levels of travel. In a letter to Transportation Secretary Pete Buttigieg, Democratic Sens. …

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New York governor signs law cracking down on bitcoin mining

These machines, known as mining rigs, work round the clock to find new units of cryptocurrency. Benjamin Hall | CNBC New York Gov. Kathy Hochul signed a law Tuesday banning certain bitcoin mining operations that run on carbon-based power sources. For the next two years, unless a proof-of-work mining company uses 100% renewable energy, it …

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Europe’s gas price cap leaves some nations dismayed

Commissioner for energy Kadri Simson is talking to media. EU countries are debating new steps to deal with the energy crisis. Thierry Monasse | Getty Images News | Getty Images Several EU member states are not happy with the bloc’s proposed cap on natural gas prices — at 275 euros per megawatt hour — which …

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The federal government just took another big swipe at illegal robocalls

Washington CNN Business — The federal government took another big swipe at illegal robocalls on Tuesday, as it moved to block a voice provider from the entire US phone network for the very first time. The order by the Federal Communications Commission targets Global UC, a company that claims to serve more than 200 businesses …

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Russian oil transport targeted due to Ukraine invasion

The Treasury Department issued new guidance Tuesday about policies on the maritime transport of Russian oil ahead of a planned price cap in early December. The guidance, which complements the UK’s newly-released policies, outlines how US service providers can continue carrying Russian seaborne oil that was loaded before Dec. 5, while complying with a strategic …

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Truth Social parent Trump Media’s merger with DWAC officially delayed

This illustration photo shows Donald Trump’s new social media app Truth Social’s logo on a smartphone in Los Angeles, February 21, 2022. Chris Delmas | AFP | Getty Images Digital World Acquisition Corp.., the blank check company that plans to take Trump Media and Technology Group and its Truth Social platform public, said Tuesday that …

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Biden grants PG&E $1.1 billion to keep Diablo Canyon nuclear plant open

Aerial view of the Diablo Canyon, the only operational nuclear plant left in California, due to be shutdown in 2024 despite safely producing nearly 15% of the state’s green electrical energy power, is viewed in these aerial photos taken on December 1, 2021, near Avila Beach, California. George Rose | Getty Images The Biden administration …

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Ohio’s Intel project triggers housing fears in tight market

COLUMBUS, Ohio (AP) — Intel’s announcement earlier this year of a $20 billion manufacturing operation thousands of jobs to rural Ohio were welcomed as an economic boon. But behind that enthusiasm lurked a pressing question. “Where are we putting everybody?” asked Melissa Humbert-Washington, vice president of programs and services at Homes for Families, which helps …

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Pfizer says omicron booster is better against new subvariants like BQ.1.1

A staff member draws up a syringe with the Comirnaty vaccine from Biontech and Pfizer adapted to the Omicron-BA.1 variant at the Mainz vaccination center. Sebastian Christoph Gollnow | dpa | Picture Alliance | Getty Images Pfizer said its omicron booster triggers a stronger immune response against a number of emerging Covid subvariants circulating in …

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White House on Taylor Swift Ticketmaster debacle: Capitalism needs competition

White House Press Secretary Karine Jean-Pierre answers questions during the daily press briefing at the White House in Washington, August 9, 2022. Evelyn Hockstein | Reuters White House Press Secretary Karine Jean-Pierre indicated that US President Joe Biden has little sympathy for Ticketmaster’s parent company LiveNation, which is reportedly facing an antitrust probe over the …

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