Business
FAA proposes noise rules to lift ban on supersonic flights over US
Boom Supersonic CEO Blake Scholl joins Varney & Co. to discuss the House passing a bill to permit supersonic passenger flights over the US. He explains their boomless technology and private funding, aiming for passenger flights by end of decade.
The Department of Transportation on Tuesday announced that regulators are moving toward enabling civilian supersonic flights over the continental U.S., which have been banned for decades due to sonic booms.
The Federal Aviation Administration (FAA) proposed a rule that sets a noise-based certification standard for supersonic aircraft and signaled that it will propose another rule later this year covering landing and takeoff noise standards for supersonic aircraft.
Taken together, the FAA’s regulatory moves will give guidance to aircraft manufacturers so they can finalize designs and bring civilian aircraft capable of flying at supersonic speeds into service for travelers.
“Restoring supersonic flight over land isn’t just about speed, it’s about unleashing American innovation and ushering in a Golden Age of Travel,” said Transportation Secretary Sean Duffy.
FASTER-THAN-SOUND PASSENGER FLIGHTS COULD SOON RETURN TO US SKIES AFTER KEY HOUSE VOTE

Transportation Secretary Sean Duffy announced the proposed rules to enable supersonic civilian flights over the U.S. (Reuters/Brian Snyder)
“Thanks to President Trump’s leadership, we are working at lightning speed to safely enable the next quantum leap in aviation technology and deliver an exciting new way to fly to the American flying public,” Duffy added.
The FAA is planning to finalize both rules by mid-2027.
Supersonic flights travel at speeds at or above Mach 1, flying at about 770 miles per hour or more. By contrast, commercial airliners generally fly between 550 and 600 miles per hour, giving supersonic aircraft a speed edge that can reduce travel times.
NASA ASTRONAUTS COULD SOON WEAR PRADA AS LUXURY LABEL UNVEILS NEW GEAR FOR ARTEMIS IV

The FAA aims to finalize the rules by mid-2027. (Justin Sullivan/Getty Images)
Civilian flights in the U.S. have been prohibited from operating at speeds above Mach 1 over land in the U.S. under an FAA rule meant to protect the public from the impact of sonic booms, which can present noise issues at ground-level and may damage windows.
Technological advancements have led to a new flight technique called Mach cutoff, which the FAA explained uses the aircraft design, atmospheric conditions, speed and altitude to work together to make the sonic boom bend and refract up into the atmosphere – significantly reducing the ground-level impact in the process.
US IS ‘AHEAD’ OF CHINA IN SUPERSONIC JET AIRCRAFT, SAYS BOOM SUPERSONIC CEO

The Concorde was a commercial airliner capable of supersonic flight, though it was phased out of service in 2003. (STF/AFP via Getty Images)
“Advances in aerospace engineering, materials science, noise reduction, and new operational concepts will eliminate the old sonic boom,” said FAA Administrator Bryan Bedford. “This means we can ultimately repeal the ban from the 1970s on supersonic flight over U.S. territory while minimizing noise impacts to residents in communities along the route and near airports.”
While the newly proposed regulations would apply to domestic supersonic flights, the FAA is also working with its regulatory counterparts from around the world to develop frameworks that could enable supersonic aircraft to serve international flights.
GET FOX BUSINESS ON THE GO BY CLICKING HERE
A year ago, President Donald Trump signed an executive order that called for the FAA to secure safety aviation agreements with foreign aviation regulators to allow for the safe international operation of supersonic aircraft.
Business
8 ETF Winners in the ‘Pay Me Now’ Trade
8 ETF Winners in the ‘Pay Me Now’ Trade
Business
lastminute.com N.V. 2026 Q2 – Results – Earnings Call Presentation (OTCMKTS:LSMNF) 2026-08-01
Seeking Alpha’s transcripts team is responsible for the development of all of our transcript-related projects. We currently publish thousands of quarterly earnings calls per quarter on our site and are continuing to grow and expand our coverage. The purpose of this profile is to allow us to share with our readers new transcript-related developments. Thanks, SA Transcripts Team
Business
Six Indian cos among BusinessWeek’s top 100 Infotech firms
NEW DELHI: Notwithstanding the turmoil in global economic environment, as many as six Indian firms, including Reliance Comm and Bharti Airtel, have been named among top 100 best-performing infotech companies in the world by a US magazine BusinessWeek.
The BusinessWeek’s latest annual list ‘The Infotech 100’, which ranks the firms on the basis of shareholder return, return on equity, total revenues and revenue growth, has ranked telecom major Bharti Airtel at the 21st position followed by Reddington India (55th) and RCom (66th).
The list is topped by US firms –Amazon.com and Apple– who have taken the top two spots this year. However, the magazine said in an accompanying report that “the dominance of US companies is in decline, the country has 33 companies among the IT 100 this year, down from 43 in 2007.”
Other Indian firms on the list, includes — Azim Premji-led Wipro at the 74th position, Satyam at 91 rank and HCL Technologies has been ranked at the 95th position among the list of 100 firms.
South African telecom firm MTN Group, which is in exclusive talks with Anil Ambani Group flagship firm Reliance Communications, has been ranked at the 12th position in the global list even ahead of global IT giants IBM and Microsoft, which are at 13th and 23rd ranks in the list, respectively.
Besides, the other fast emerging country China also has six companies among the top 100 Infotech companies in the world.
The magazine has compiled the information for the list by sorting through the financial results of 30,500 publicly traded companies and has ranked the technology players on four criteria –shareholder return, return on equity, total revenues and revenue growth.
The companies leading the list are those with the lowest aggregate ranking.
The companies which qualified had to have revenues of at least 300 million dollar then the collection of about 800 companies was divided into eight industry categories, such as software and semiconductors.
“Companies whose stock price has dropped more than 75 per cent, whose sales shrank, or where other developments raised questions about future performance were eliminated from contention.
“We also dropped some phone companies whose monopoly or near-monopoly power gives them an unfair advantage over competitors,” the magazine added.
Business
Treasury Warns Banks It Might Intervene in Dollar-Yen Exchange Rate
The U.S. Treasury Department has informed banks that it might make currency trades on Friday to support the Japanese yen and strengthen its exchange rate against the dollar, according to a person familiar with the matter.
The message was delivered by the Treasury to major banks on Friday via the New York Fed, which acts as the Treasury’s agent for trades in financial markets. Some banks were told to have executable trades ready to exchange Japanese yen for euros, according to people familiar with the matter. The U.S. holds some of its foreign-currency reserves in euros.
Copyright ©2026 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Business
Chip Stocks Are on Pace for Worst Month Since 2008
Chip stocks are on track for their worst monthly performance in nearly two decades.
The Philadelphia Semiconductor Index, or SOX, was up 2% on Friday, extending Thursday’s tech-dominated relief rally.
However, Friday’s gains were far from enough to offset what’s been a tough month for the semi group. In fact, the SOX is on track for its worst monthly performance since 2008, according to Dow Jones Market Data.
Business
Wait for more signals before turning positive
Therefore, immediate rallies would be interpreted as corrective in nature until the medium-term technical parameters turn positive. The recent upmove in the Sensex since the low of 12514 pts has been very sharp. The upside gap of July 23, 2008 had created a bullish ���Island Reversal Gap��� on the daily charts between 14510 pts and 14519 pts.
Normally, the implications of this on the medium-term outlook would be very positive, especially since the ���Island��� comprised of 22 trading sessions. When a stock indicates an uptrend, trades above the gap which occurs, then gaps back down and trades below the initial price, an island reversal has occurred.
However, the Sensex has since run into a strong resistance zone between 15026 pts and 15390 pts. The monthly mid-point of June 2008 is at 15026 pts. The 50% retracement level of the fall from the May 2008 peak (17735 pts) is at 15124 pts. The positive implications of the bullish ���Island Reversal Gap��� would thus get negated if the Sensex has a daily close below 14104 pts (the close on July 22, 2008). The Sensex is then expected to have an initial downside of 13513 pts, the 61.8% Fibonacci retracement level of the recent rise from 12514 pts to 15130 pts.
If the bearish ���Island reversal gap��� of 14484-14568 pts is immediately filled and the Sensex manages to decisively overhaul the resistances between 15130 pts and 15390 pts, the ongoing upmove would continue. The Sensex may then test higher levels between 16618 pts and 16860 pts.
The 78.6% Fibonacci retracement level of the fall from the May 2008 peak is at 16618 pts while 16860 pts is the 50% retracement level of the entire fall from the January 2008 peak. Hence, one would await further confirmation before turning positive on the medium-term outlook.
(The author is VP of technical research at Darashaw)
Business
Jardine Cycle & Carriage Limited 2026 Q2 – Results – Earnings Call Presentation (OTCMKTS:JCYGY) 2026-08-01
Seeking Alpha’s transcripts team is responsible for the development of all of our transcript-related projects. We currently publish thousands of quarterly earnings calls per quarter on our site and are continuing to grow and expand our coverage. The purpose of this profile is to allow us to share with our readers new transcript-related developments. Thanks, SA Transcripts Team
Business
Capital One says it closed Trump Organization’s accounts after anti-money laundering probe

Capital One says it closed Trump Organization’s accounts after anti-money laundering probe
Business
Cenovus Energy Inc. 2026 Q2 – Results – Earnings Call Presentation (TSX:CVE:CA) 2026-08-01
Seeking Alpha’s transcripts team is responsible for the development of all of our transcript-related projects. We currently publish thousands of quarterly earnings calls per quarter on our site and are continuing to grow and expand our coverage. The purpose of this profile is to allow us to share with our readers new transcript-related developments. Thanks, SA Transcripts Team
Business
Fluence Corporation Limited 2026 Q2 – Results – Earnings Call Presentation (OTCMKTS:EMFGF) 2026-08-01
Seeking Alpha’s transcripts team is responsible for the development of all of our transcript-related projects. We currently publish thousands of quarterly earnings calls per quarter on our site and are continuing to grow and expand our coverage. The purpose of this profile is to allow us to share with our readers new transcript-related developments. Thanks, SA Transcripts Team
-
Sports6 days agoCommonwealth Games boxing: Jadumani Singh seals dominant 5-0 win over Pakistan’s Sumama Rehman to enter quarter-finals | Commonwealth Games News
-
Business3 days agoWhy Trees Belong on the Risk Register
-
Fashion1 day agoWeekend Open Thread: Wit & Wisdom
-
Tech6 days agoIntel is reversing course and bringing hyper-threading back to its server chips
-
Politics1 day agoMeta enters AI-training agreement with far-right ‘propaganda rag’ Newsmax
-
Politics6 days agoLuke Littler dismantles Gerwyn Price to retain title in Blackpool
-
Crypto World9 hours agoMicroStrategy Post-Earnings CLARITY Act Push Could Add New Catalyst for Its Stock
-
Politics5 days agoThe Part of the Electric Transition Nobody Wants to Discuss
-
Entertainment4 days ago‘Stargate’ Creator’s New Sci-Fi Series Returns for Season 3 Tomorrow
-
News Videos6 days agoBITCOIN JUST ENTERED THIS CRITICAL ZONE…
-
Business4 days agoMajor shareholder moves on Canyon
-
Crypto World7 days agoXRP Ledger adds $2.6B as RWA inflows rank second
-
Politics6 days agoSpain sweeps the board at 2026 World Cup with individual awards
-
News Videos3 days agoBitcoin Enters the 3rd Stage of the Bear Market
-
Crypto World18 hours agoXRP Ledger v3.3.0 brings five institutional features
-
Entertainment7 days agoSara Gilson Killed By Husband After Viral “Pedophile” TikTok Video
-
Crypto World4 days agoKraken Enables Retail Access to Jersey Mike’s IPO via Tokenized Shares
-
Tech5 days agoNew macOS Sequoia & Sonoma security updates for older Macs
-
News Videos4 days agoClaude: Build Financial Dashboards in Minutes (2026)
-
Sports2 days agoSeema Kaliramna Wins Discus Throw Bronze, Takes India’s CWG Medals Tally To 17

You must be logged in to post a comment Login