Elon Musk and the U.S. Department of Transportation will "remake" U.S. airspace, Transportation secretary Sean Duffy said at an event on Wednesday.
Why it matters: The collision last week between an American Airlines passenger jet and a U.S. Army Black Hawk helicopter became the deadliest aviation disaster in the U.S. in more than 20 years, leading to renewed scrutiny of the country's overextended air traffic system.
President Trump is, as one analyst put it, "still reliably unreliable" on policy pursuits — and the herky jerkiness is giving companies whiplash in the early days of his second term.
Why it matters: Businesses prize certainty — so unpredictability can make it hard for them to plan.
Investigators continue combing through the wreckage of the small jet crash that rocked Northeast Philadelphia Friday night, leaving a gaping hole in the ground — and through the heart of residents still reeling from the tragedy.
All six passengers onboard and one driver on the ground died in the incident, according to city officials.
The executive branch will stop spending money on Politico subscriptions after paying millions of dollars to the news outlet last year, press secretary Karoline Leavitt said at a briefing Wednesday.
"I was made aware of the funding of USAID to media outlets, including Politico ... And I can confirm that the more than eight million taxpayer dollars that have gone to essentially subsidizing subscriptions to Politico on the American taxpayer's dime will no longer be happening," Leavitt said. "The DOGE team is working on canceling those payments now."
'This is a whole of government effort to ensure that we are going line by line when it comes to the federal government's books."
Why it matters: It's an easy political lever for the Trump administration to pull to undermine media without facing legal or regulatory hurdles.
Starbucks is set to serve its loyalty members a rare deal Monday — free coffee the day after the Super Bowl — despite recently reducing the number of discounts.
The big picture: The coffee giant has been promoting a "back to Starbucks" campaign to return to its roots to try to reverse a decline in foot traffic and sales.
Shares in private detention center operators — once a core "Trump trade" — are quickly falling as the administration explores options to house deportees and other inmates overseas.
Why it matters: Companies like GEO Group and CoreCivic were among the biggest beneficiaries of a Trump victory, as the promise of mass deportations signaled a possible spike in demand for detention facilities.
The U. S. Postal Service said Wednesday that it will continue to accept international mail and packages from China and Hong Kong, reversing a Tuesday announcement that it would halt the flow of inbound parcels from the areas.
The latest: The USPS in a statement Wednesday pointed to "new China tariffs," and said that it was working with Customs and Border Protection to implement an "efficient collection mechanism" for the taxes on imported goods.
Why it matters: The directive pauses most programs at the agency that leads foreign aid programs and means the vast majority of overseas workers will return home within days, per the announcement and an email sent to staff that was seen by Axios.
