financetom
Business
financetom
/
Business
/
US Senate committee votes to advance aviation safety bill
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
US Senate committee votes to advance aviation safety bill
Oct 21, 2025 8:23 AM

WASHINGTON, Oct 21 (Reuters) - The U.S. Senate Commerce

Committee on Tuesday voted to approve aviation safety

legislation after a fatal January collision involving an

American Airlines ( AAL ) regional jet and an Army helicopter

that killed 67 people spurred calls for reform.

The bill requires aircraft operators to equip their fleets

with an advanced aircraft-tracking technology known as ADS-B by

the end of 2031 and other significant safety reforms, including

boosting oversight of mixed jet and helicopter traffic and

flight routes near commercial service airports. The Army Black

Hawk in the fatal crash was not using ADS-B at the time of the

crash.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Schumer asks DOJ to investigate FTC claim oil exec colluded with OPEC
Schumer asks DOJ to investigate FTC claim oil exec colluded with OPEC
May 30, 2024
WASHINGTON, May 30 (Reuters) - U.S. Senate Majority Leader Chuck Schumer and 22 other Democratic Senators on Thursday asked the Attorney General to investigate allegations of collusion and price fixing between the oil industry and the Organization of the Petroleum Exporting Countries (OPEC). Earlier in May, the Federal Trade Commission gave the go-ahead to Exxon Mobil's ( XOM ) $60...
Euronet Acquires MEPS ATM Terminals From Malaysia's National Payments Network
Euronet Acquires MEPS ATM Terminals From Malaysia's National Payments Network
May 30, 2024
10:12 AM EDT, 05/30/2024 (MT Newswires) -- Euronet Worldwide ( EEFT ) said Thursday it has closed the acquisition of the Malaysian Electronic Payment System ATM terminals of Malaysia's national payments network and central financial infrastructure, Payments Network Malaysia or PayNet. The company said the integration of about 800 ATM terminals into its existing independent ATM network makes it the...
Bill Holdings to Repurchase $234.5 Million of Convertible Senior Notes Due 2025
Bill Holdings to Repurchase $234.5 Million of Convertible Senior Notes Due 2025
May 30, 2024
10:12 AM EDT, 05/30/2024 (MT Newswires) -- Bill Holdings ( BILL ) said Thursday that it has agreed to repurchase about $234.5 million of its outstanding 0.0% convertible senior notes due 2025. The repurchases are expected to close Tuesday, with aggregate cash repurchase price of about $221.7 million. After the repurchases close, Bill said it plans to cancel the repurchased...
Major tech firms develop AI networking standard but without major player Nvidia
Major tech firms develop AI networking standard but without major player Nvidia
May 30, 2024
May 30 (Reuters) - Major tech firms, including Meta , Microsoft ( MSFT ), Advanced Micro Devices ( AMD ) and Broadcom ( AVGO ), said on Thursday they have developed a new industry standard for networking in AI data centers, the latest effort to break the dominance of market leader Nvidia ( NVDA ). The Ultra Accelerator Link, is...
Copyright 2023-2026 - www.financetom.com All Rights Reserved