top of page
Long-time Chief Executive Officer Ben Silbermann of Pinterest would step down, handing over the reins of the social media platform to Google...

Stock Market

Google executive to take over as a new CEO of Pinterest

Top accounting firm Ernst & Young has been slammed with a record $100 million fine from the US government...

Stock Market

Accounting firm gets 100 million fine for faulty regulations

The Indian rupee slipped into a fresh low today and extended losses against the US dollar.


The rupee tumbled to a new low against the dollar in the midst of an increase in crude oil price

Wall Street saw a sharp fall at its closing in a broad sell-off. Consumers' worries over recession have sparked up...

Stock Market

Wall Street Lose Balance after recession strikes growth fear among consumers’

Soaring inflation may be pushing the US economy into a deep recession. Last week's 0.75% interest rate hike by the Federal Reserve...

Stock Market

Inflation ringing the recession bell - Mohammed Shaheen

Stock Markets

2 Feb 2022

American Airline Firm Cautions about 5G Disruption Possibly Lasting for Years to Come

The Index Today

Airlines for America, an organization representing major commercial and cargo airlines in the U.S., has contended that the 5G wireless issue can possibly take years to be fully addressed and resolved as it continues to drive a wedge between the airline and wireless sectors of the country.

Nick Calio, Airlines for America Head, is set to submit a written testimony to a House Transportation and Infrastructure subcommittee about how the recently launched 5G wireless service impedes operations onboard. Airlines for America represents major U.S. aviation companies including United Airlines, American Airlines, and FedEx among others.

According to Reuters’ review of Calio’s testimony, which has not been made public yet, "It will likely take years, not days or weeks, to fully and permanently mitigate the interference issues caused by deployment of 5G in the C-band."

This comes after prominent telecommunication firms AT&T and Verizon agreed to postpone installing wireless towers near select airports following complaints by various airline companies and the Federal Aviation Administration (FAA) who warned against the possible disruption it could cause.

Clay pottery with table linens
bottom of page