‘You will see mass chaos. You will see mass flight delays. You’ll see mass cancellations’: Transportation Secretary desperate for shutdown to end

Recent reports indicate a significant increase in flight delays across the US, primarily attributed to a rise in absences among air traffic controllers. This situation is concerning as it not only disrupts travel plans for countless passengers but also highlights ongoing challenges within the aviation sector. With air travel demand rebounding, the strain on air traffic management could lead to further complications if not addressed promptly.

The Transportation Secretary has stated that he does not intend to dismiss air traffic controllers who fail to report for work during the ongoing shutdown. This decision comes as the FAA grapples with a significant shortage of approximately 3,000 controllers, which has been a persistent issue. The situation is critical as it highlights the challenges faced by the aviation industry and the potential impact on air travel safety and efficiency.

Molson Coors has reported a loss in the latest quarter, highlighting the challenges faced by the beer industry due to shifting consumer preferences and ongoing macroeconomic pressures.

Capital One has announced a quarterly dividend of $0.80 on its common stock, reflecting the company's strong financial performance and commitment to returning value to its shareholders.

Viavi Solutions director Barnes has sold $931,000 worth of stock, a move that has caught the attention of investors. This transaction reflects ongoing activities within the company and may influence market perceptions.

McNab Paul, the Executive Vice President of Viavi Solutions, has sold $219,000 worth of stock in the company. This transaction is part of his regular financial management and does not indicate any significant changes within the company.

Transportation Secretary Sean Duffy warns of impending chaos in air travel due to a potential shutdown, highlighting that while many air traffic controllers can handle missing one paycheck, two could lead to serious issues.

California voters are gearing up to decide on a crucial redistricting plan that could shape the future of Congress. Lanhee Chen from the Hoover Institution highlighted how Governor Gavin Newsom has effectively garnered support from the Democratic party for this initiative. If Proposition 50 passes, it may significantly influence the upcoming midterm elections.