The FAA administrator's comments come on the eve of his visit to Boeing facilities outside Seattle, Washington. While there, he's scheduled to meet with Boeing executives and...Airlinesread more
CBS, CNN and other major media companies are starting to pull e-cigarette advertising off their airways, as the death toll from a mysterious vaping-related illness continues...Health and Scienceread more
Investors largely expected the FOMC to cut rates by a quarter point.The Fedread more
As the Fed was meeting to consider cutting interest rates, it lost control of the very benchmark rate that it manages.Market Insiderread more
For the past six years, Facebook has tried over and over to release a hardware product that consumers will want, and it has never succeeded.Technologyread more
AT&T is considering selling DirecTV, according to a report in the Wall Street Journal.Technologyread more
The Fed cut interest rates by a quarter point, but it also reaffirmed its rate cut was meant to serve as insurance for the economy.Market Insiderread more
President Barack Obama spoke at an event in San Francisco on Wednesday hosted by software company Splunk and addressed how tech can help solve problems.Technologyread more
Disney CEO Bob Iger writes in his autobiography that he believes he would have discussed combining Disney with Apple had Steve Jobs lived.Technologyread more
The Facebook CEO will talk to policymakers "about future internet regulation," according to a spokesperson.Technologyread more
Microsoft shares rose 1% after hours as it announced plans to raise its dividend and authorized as much as $40 billion to buy back shares.Technologyread more
President Donald Trump signed a short-term spending bill Friday to keep the federal government funded through Dec. 22.
The bill passed the House and Senate on Thursday.
White House press secretary Sarah Huckabee Sanders announced in a tweet that the bill had been signed.
The bill maintains current funding levels through Dec. 22 and funds the Children's Health Insurance Program (CHIP) through the end of the year.
With the short-term spending measure complete, Trump and congressional leaders are now free to move on to the far more contentious task of passing a longer-term spending bill before the 22nd.
The president met on Thursday with congressional leaders to begin talks on the longer-term bill, known as a continuing resolution. "We're here in the spirit of 'let's get it done,'" Senate Minority Leader Chuck Schumer, D-N.Y., said in the Oval Office.
What precisely an end-of-year spending package would contain is still a matter of fierce debate. Trump and congressional Republicans are demanding the elimination of caps on defense spending, while congressional Democrats want long-term CHIP funding.
Democrats are also insisting on a more permanent legislative fix to protect young immigrants who were brought to the country as children from deportation. Earlier this year, Trump canceled an Obama-era executive order that protected approximately 800,000 of these so-called Dreamers. But he gave Congress six months to legislate a solution to their status before the DACA protections, as they are known, expire in March.
Republicans in the House and the Senate will need Democratic votes in order to pass end-of-year spending bills, giving the Democratic minority far more leverage over the contents of this bill than they typically have over legislation.
Following Thursday's meeting at the White House, Sanders said that Trump and Republicans told Schumer and House Minority Leader Nancy Pelosi that "any negotiations on immigration should be held separately on a different track, and not as part of the government funding bill."
But while it's understandable that Republicans would like to pass the spending bill without having to address a red-hot political issue like immigration, as of Friday, Democrats were prepared to hold out for the DACA fix.
In exchange for a provision protecting Dreamers, congressional Democrats have signaled their openness to including a number of stricter border security measures in the bill.
The high-stakes negotiations are expected to continue right up until the Dec. 22 deadline.