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Busiest US airports face flight reductions because of government shutdown
Posted onWatch: “There will be frustration” – Transport secretary outlines reduction in air traffic US Transportation Secretary Sean Duffy has warned that air travel capacity will be cut by up to 10% at 40 major airports over the coming days, if the government shutdown continues. The decision, which is expected to affect domestic flights only, was…
Walmart chief Doug McMillon retiring after more than a decade
Posted onWalmart chief executive Doug McMillon will retire from his post in January, handing over the reins to a longtime deputy. The 59-year-old is stepping down after more than a decade at the helm of the world’s largest retailer, a period when it successfully expanded its online operations, while scaling back riskier international units. He will…
Rachel Reeves warns of harder choices to come as she hints at tax rises
Posted onBecky MortonPolitical reporter Reeves: I will take no risk on public finances Rachel Reeves has said the government is facing difficult choices, as she promised she would not take risks with the public finances. In her speech at Labour’s annual party conference in Liverpool, the chancellor pledged to keep “taxes, inflation and interest rates as…
Keir Starmer criticises South East Water as 24,000 homes affected
Posted onStuart Maisner, Hsin-Yi Loand Daniel Sexton,South East Getty Images People have been advised to boil tap water before drinking Water misery has returned for about 24,000 households in Kent and East Sussex with a water firm saying they do not expect supplies to be restored to all affected customers until midday on Thursday. South East…
Cashing in on SpaceX: Every chance I get, Ill sell a little more
Posted onAndre Lavoie joined SpaceX in 2009 as an engineer, designing the pressure tanks that help power its rocket. He was paid partly in stock – a common trade-off at start-ups as a hiring incentive. Some 17 years on, those 200,000 shares he was given are worth about $23m (£17m) – and the 63-year-old says he’s…
