WASHINGTON (Reuters) -The Federal Aviation Administration plans to propose changes to speed certification of new commercial airplanes, the Trump administration said in a notice on Thursday. The FAA said it plans to propose by December changes to modernize certain certification standards for transport category airplanes and propulsion systems. It said the effort will be deregulatory by reducing the number of...

WASHINGTON, Sept 4 (Reuters) - Nuclear power company Oklo ( OKLO ) said on Thursday it plans to design, build, and operate a plant in Tennessee to recycle nuclear waste as the first phase of a nuclear fuel center that will cost up to $1.68 billion. If successful, the fuel plant, which requires Nuclear Regulatory Commission approval, would be the...

Electric vehicle maker Lucid Group Inc ( LCID ) is trading lower on Thursday, hitting a new all-time low. Here’s what investors need to know. What To Know: The continued decline comes amid investor pessimism after the company’s 1-for-10 reverse stock split and lowered 2025 production guidance. The reverse split, which took effect earlier this week, was intended to boost...

Macy’s Inc shares are trading higher on Thursday after the retailer reported better-than-expected second-quarter earnings and raised its fiscal outlook. M stock is racing ahead of the pack. Get the inside scoop here. Net sales reached $4.81 billion for the quarter, down 2.5% year over year, beating the consensus of $4.76 billion. Company brass expected between $4.65 billion and $4.75 billion. Macy’s also raised its...