Economy of the United States
Sofia Airport Reports Strong Growth of Passengers
The passengers who have passed via Sofia Airport in March 2017 exceeded 500,000, marking a 52% growth on 2016, the airport announced, quoted by BNR.
Travelers using regular international lines grew 53% and those using domestic lines were 60% up.
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United Airlines won't use police to remove passengers, says CEO
The chief executive of United Airlines said the carrier will no longer ask police to remove passengers from full flights after the uproar over a man who was dragged off a plane by airport officers in Chicago, adding that he would not resign.
Bezos is selling $1 billion of Amazon stock a year to fund rocket venture
Amazon.com founder Jeff Bezos said on Wednesday he is selling about $1 billion worth of the internet retailer’s stock annually to fund his Blue Origin rocket company, which aims to launch paying passengers on 11-minute space rides starting next year.
Tesla now 2nd largest US automaker as competitors' sales falter
Tesla on April 3 became the second-largest US car maker in terms of market capitalization, displacing Ford, whose sales lagged amid concerns about the ability of the US market to keep growing.
Investment in infrastructure projects constantly shrinks
The tender process and the implementation of major infrastructure projects are suffering from considerable delays in Greece due to the financial crisis, according to a study on the course of the construction sector by PricewaterhouseCoopers (PwC).
Boeing, Turkey's TAI strengthen partnership with contract extension for 787 Dreamliner
Boeing and Turkish Aerospace Industries have announced a contract extension to produce the Elevator for the 787 Dreamliner.
The agreement between Boeing and TAI extends TAI production of a crucial flight control component of 787, according to a statement issued on March 30.
US Congress repeals internet privacy law
The US House of Representatives voted on Tuesday to repeal an Obama-era law that demanded ISPs have permission to share personal information – including location data. This means that US internet providers will no longer need consent from users to share their browsing history with private companies in the market.
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A businessman was taken from his house on gun-point last night
US Fed raises interest rates by 25 points
For the second time in three months, the Federal Reserve increased its benchmark interest rate a quarter point amid rising confidence that the economy is poised for more robust growth.
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Defense spending by European NATO allies inches up in 2016
Defense spending by European NATO states inched up in 2016 compared to the previous year, data by the military alliance showed on March 13, but still remained below a 2 percent target.
Turkey also raised its defense spending slightly from 2015 to 2016, but its spending fell in comparison to 2009, while also being below a spending target of 2 percent.