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October 8, 2025

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USA

‘That’s How Capitalism Works,’ Biden Says of SVB, Signature Bank Investors Who Lost Money in Failed Banks

President Joe Biden sought to assure customers of Silicon Valley Bank and Signature Bank on Monday that their money was safe — insured by the Deposit Insurance Fund — but said investors in the failed banks’ securities aren’t going to get the same gua…

March 13, 2023
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TSA issues additional cybersecurity rules for the aviation sector

The Transportation Security Administration (TSA) issued a new cybersecurity amendment to the security programs of certain TSA-regulated (airport and aircraft) operators in the aviation sector, following similar measures announced in October 2022 for pa…

March 13, 2023
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US Regulators Bail Out SVB Customers, Who Can Access All Their Money Monday

Breaking news from CNN:

Treasury Secretary Janet Yellen on Sunday instructed the Federal Deposit Insurance Corporation to guarantee Silicon Valley Bank customers will have access to all of their money starting Monday.

By guaranteeing all deposits &m…

March 13, 2023
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Congressman Reintroduces 32-Hour Workweek Law To ‘Increase the Happiness of Humankind’

An anonymous reader quotes a report from CNBC: Rep. Mark Takano, who represents California’s 39th district, has reintroduced his 32-hour Workweek Act to Congress, which, if passed, would officially reduce the standard definition of the workweek from 40…

March 11, 2023
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US Strengthens Tech Ties With India But Doesn’t Seek Decoupling From China, Raimondo Says

The U.S. government is not seeking to “decouple” from China, nor is it seeking “technological decoupling,” but Washington “would like to see India achieve its aspirations to play a larger role in the electronics supply chain,” U.S. Commerce Secretary G…

March 10, 2023
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House Votes To Declassify Info About Origins of COVID-19

The House voted unanimously on Friday to declassify U.S. intelligence information about the origins of COVID-19, a sweeping show of bipartisan support near the third anniversary of the start of the deadly pandemic. From a report: The 419-0 vote was fin…

March 10, 2023
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SVB Fails as FDIC Takes Over and Appoints a Receiver

Bloomberg News: Silicon Valley Bank was closed Friday by the California Department of Financial Protection and Innovation, with the Federal Deposit Insurance Corp. as receiver, the FDIC said in a statement. All insured depositors will have full access …

March 10, 2023
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US Air Force declares low-rate production for Grey Wolf helo

The U.S. Air Force has declared the MH-139A Grey Wolf helicopter ready for low-rate production, according to a Leonardo news release. “On March 3, U.S. Air Force reached a positive Milestone C decision, which commences the start to low-rate initi…

March 10, 2023
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Alleged seller of NetWire RAT arrested in Croatia

This week, as part of a global law enforcement operation, federal authorities in Los Angeles successfully confiscated www.worldwiredlabs.com, a domain utilized by cybercriminals to distribute the NetWire remote access trojan (RAT) allowed perpetrators …

March 10, 2023
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US Air Force targets first flight of new fighter-like drone in 2024

General Atomics Aeronautical Systems, Inc. (GA-ASI) and the U.S. Air Force are targeting the first flight of a new unmanned air-launched vehicle capable of employing air-to-air weapons next year, according to a company news release. As noted by the com…

March 9, 2023
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