US airline industry lobbying group chief retiring at end of year
By David Shepardson WASHINGTON (Reuters) – The long-time head of the trade group Airlines for America who helped U.S. airlines win $54 billion in federal COVID relief funds will retire at the end of the year. Nick Calio, a former aide to
RedNote gains popularity as TikTok ban looms in the U.S.
Investing.com — As the proposed U.S. ban on the popular social media app TikTok approaches, Chinese social media app RedNote has seen a surge in new users. The app, known as Xiaohongshu in China, has been attracting American and Chinese
Meta to lay off 5% of ‘lowest performers’, plans to hire for impacted roles
(Reuters) – Meta Platforms (NASDAQ:META) will trim about 5% of its “lowest performers” and plans to hire for the impacted roles this year, a company spokesperson said on Tuesday. CEO Mark Zuckerberg has also warned employees about more such job cuts
Biden administration to revoke Cuba’s terrorism sponsor designation
Investing.com — The Biden administration is anticipated to life the U.S. designation of Cuba as a state sponsor of terrorism on Tuesday, as reported by the Associated Press. The White House National Security Council officials have not commented on this
Biopharma industry eyes 2025 bounceback, grapples with uncertainty over Trump return
By Deena Beasley SAN FRANCISCO (Reuters) – The biopharmaceutical industry is aiming for a 2025 reversal of last year’s slump in investor returns but remains wary over what President-elect Donald Trump’s priorities might be on hot button issues such as drug