Latest news with #InternationalCES
UPI
3 days ago
- Business
- UPI
Trump order seeks to boost U.S. drone industry
The DJI Zenmuse XT drone with aerial thermal imaging camera is displayed at the at the 2016 International CES, a trade show of consumer electronics, in Las Vegas. File Photo by Molly Riley/UPI | License Photo June 7 (UPI) -- President Donald Trump is taking aim at drone technology from two directions -- boost the U.S. industry and crack down on malicious activity. Trump on Friday signed executive orders on efforts to spur U.S. production relevant to drone technology, increase U.S. drone security and regulation efforts, and an unleated one to promote design and eventual use of commercial supersonic aircraft. "Unmanned aircraft systems, otherwise known as drones, offer the potential to enhance public safety as well as cement America's leadership in global innovation," an executive order titled Restoring American Airspace Sovereignty read. "But criminals, terrorists, and hostile foreign actors have intensified their weaponization of these technologies, creating new and serious threats to our homeland. Another order, titled Unleashing American Drone Dominance, declares that "building a strong and secure domestic drone sector is vital to reducing reliance on foreign sources, strengthening critical supply chains and ensuring that the benefits of this technology are delivered to the American people." There are more than a million registered drones in the United States, according to the FAA with more than 400,000 commercial drones and more than 350,000 for recreational use. In a press release, the Commercial Drone Alliance said it has "believed that innovation and security are two sides of the same coin. Outdated regulations have long impeded technological innovation and hindered transparency in our airspace." Lisa Ellman, chief executive of the Commercial Drone Alliance, also lauded the executive orders for aiming at both innovation and security simultaneously. "We fully support the long-overdue steps taken by the Trump administration in these Executive Orders -- establishing a framework to scale safe and secure drone operations while enhancing drone security and airspace transparency -- to modernize our domestic drone policy and assure American aviation leadership into the next century of flight," she said in the release. Drone dangers Trump has warned that drones have been used to smuggle drugs across borders, and could threaten large public gatherings, such as the 2026 World Cup and the 2028 Summer Olympics, both in the United States. "It is the policy of the United States to ensure control over our national airspace and to protect the public, critical infrastructure, mass gathering events, and military and sensitive government installations and operations from threats posed by the careless or unlawful use of UAS," the security related order reads. Chinese-made drones from companies like DJI or Autel are not outright banned, but the Federal Acquisition Security Council has been called on to "publish a Covered Foreign Entity List ... identifying companies that pose supply chain risks." In 2022, the U.S. Treasury added DJI and seven other companies to its Chinese Military-Industrial Complex list, which indicates some level of national security concern. The includes a ban on U.S.-based companies exporting technology to them. The majority of drones are estimated to be built in China, The New York Times reported. The Justice Department and FAA were told to enforce civil and criminal penalties for drone operators who violate laws or airspace restrictions. There will be grants for state and local law enforcement to access drone-detection and tracking equipment. The Federal Aviation Administration requires all drones weighing more than 0.55 of a pound to be registered, in addition to restricting how high they can be flown without authorization. The Justice Department and FAA were told to more robustly enforce civil and criminal penalties for drone operators who violate laws or airspace restrictions. Grant programs are planned for state and local law enforcement to access drone-detection and tracking equipment., the order also indicates Drone industry growth In his first term, Trump sought to increase the use of drones and Commerce Secretary Howard Lutnick has been directed to promote exports of U.S.-made drones, in addition to federal agencies being ordered to prioritize purchases of them. "The United States must accelerate the safe commercialization of drone technologies and fully integrate UAS into the National Airspace System," the order reads. "The time has come to accelerate testing and to enable routine drone operations, scale up domestic production, and expand the export of trusted, American-manufactured drone technologies to global markets." The order directs the FAA to allow commercial users and public safety officials not to fly drones beyond their range of sight, meaning that a user must be able to see the drone they are operating. "Building a strong and secure domestic drone sector is vital to reducing reliance on foreign sources, strengthening critical supply chains, and ensuring that the benefits of this technology are delivered to the American people," the order says. Secretary of Transportation Sean Duffy was directed to initiate artificial intelligence tools to assist in and expedite the review of a UAS waiver application, and the Transportation Department was told to develop an Electric Vertical Takeoff and Landing Pilot Program to accelerate the deployment of safe and lawful eVTOL operations in the United States. Supersonic flight An additional executive order titled "Leading the World in Supersonic Flight" seeks to promise planes that travel at supersonic speeds, which are greater than the speed of sound at approximately 768 mph at sea level, or Mach 1. "The United States stands at the threshold of a bold new chapter in aerospace innovation," the order reads. "For more than 50 years, outdated and overly restrictive regulations have grounded the promise of supersonic flight over land, stifling American ingenuity, weakening our global competitiveness, and ceding leadership to foreign adversaries." The order noted that "advances in aerospace engineering, materials science, and noise reduction now make supersonic flight not just possible, but safe, sustainable, and commercially viable." The order repeals regulations prohibiting cross-country supersonic flights, which for decades have precluded nonmilitary air travel over land at faster-than-sound speeds. The Concorde was manufactured from 1965 to 1979, but are no longer flown by airlines, however, Boom Supersonic and NASA are currently developing new supersonic passenger jets.
UPI
5 days ago
- Business
- UPI
Procter & Gamble reorganization to cut 7,000 jobs over two years
Procter & Gamble said Thursday it plans to cut 7,000 jobs, about 15% of its workforce, over two years. The company said it's part of a plan to accelerate growth. The Opte, an at-home precision skincare solution, seen during a Proctor and Gamble press conference at the 2020 International CES, in Las Vegas. File Photo by James Atoa/UPI | License Photo June 5 (UPI) -- Procter & Gamble said Thursday it plans to cut 7,000 jobs as part of a plan it said aims to accelerate growth. The company said the cuts will take place over the next two years and represent 15% of its non-manufacturing workforce. "In Fiscal 2026, we'll begin a 2-year effort to accelerate P&G's growth and value creation. These changes across our portfolio, supply chain and organization are designed to unlock significant opportunities for stronger delivery of P&G's integrated growth strategy," the company said in a statement. Procter & Gamble said the workers losing their jobs will be "managed with support and respect, and in line with our principles and values and local laws." The workforce reduction is part of similar actions across U.S. industries amid tariff turmoil, fierce competition and consumer spending changes. Companies are spending less, slowing hiring and sending layoff notices," Andrew Challenger, senior vice president of Challenger, Gray & Christmas, said in an emailed statement to CBS News. According to Challenger, job cuts are 47% higher now than a year ago. According to Procter & Gamble, fiscal year 2024 was the eighth straight year of 2% or better earnings per share growth. "Through the first three quarters of the 2025 fiscal year, P&G delivered +3% Core EPS growth -- at the mid-point of 2-to-4% guidance range for the fiscal year," the company statement said. Procter & Gamble also said over the first three fiscal quarters of 2025 $13 billion was returned to shareholders through dividends and share repurchases. In addition to the layoffs, Procter & Gamble said changes it is implementing are focused on its portfolio, supply chain and organization design. This will include ending some "categories, brands and product forms in individual markets" that could include some brand divestitures. The Procter & Gamble supply chain will also be re-sized and re-located in an effort to " drive efficiencies, faster innovation, cost reduction and even more reliable and resilient supply." There will also be changes in what Procter & Gamble said are "accountable organization design," including making roles broader, making teams smaller while leveraging digitization and automation. As Procter & Gamble reorganizes to deliver higher profits for shareholders, workers will be impacted by the job cuts and changing responsibilities within the company. Procter & Gamble said taken together, these changes are "intended to widen P&G's margin of advantage in superiority leading to growth and value creation."
Newsweek
24-04-2025
- Entertainment
- Newsweek
'Stone Cold' Steve Austin Rejected Embarrassing Pitch By Logan Paul
Based on facts, either observed and verified firsthand by the reporter, or reported and verified from knowledgeable sources. Newsweek AI is in beta. Translations may contain inaccuracies—please refer to the original content. There was a real chance WWE fans would see the forces of "Stone Cold" Steve Austin and Logan Paul come together for an unlikely cause. Fortunately, Austin turned down the idea for an image that would've burned into the brains of wrestling fans forever. Paul's dedication to promoting his PRIME hydration brand is well-known, and he even extended a substantial offer to Austin to further its reach. During an episode of his Impaulsive podcast, Paul revealed that he and his team proposed a lucrative deal to the Texas Rattlesnake, aiming to have him don the PRIME bottle costume. "We offered Steve a million dollars to be in the Prime bottle. He didn't do it. Oh, he's not the guy. I don't care what number it is—he's not getting in that bottle," Paul stated, highlighting the attempt to integrate Austin into PRIME's marketing strategy. Given that Austin's WWE appearances are infrequent, the prospect of seeing him in the blue bottle costume, previously worn by figures like KSI and IShowSpeed, was a long shot. Paul acknowledged the potential fan backlash, suggesting, "I don't think he even considered it for a second. The WWE Universe would kill him. Imagine it—he face-revealed the Prime bottle." Despite the initial rejection, Paul remains somewhat optimistic, hinting at the possibility of Austin sporting the costume "maybe one year" down the line. For now, however, it seems unlikely that the wrestling icon will trade his signature Steveweisers for a bottle of Paul's beverage. LAS VEGAS, NV - JANUARY 08: Actor and WWE personality "Stone Cold" Steve Austin appears at a news conference announcing the WWE Network at the 2014 International CES at the Encore Theater at Wynn Las... LAS VEGAS, NV - JANUARY 08: Actor and WWE personality "Stone Cold" Steve Austin appears at a news conference announcing the WWE Network at the 2014 International CES at the Encore Theater at Wynn Las Vegas on January 8, 2014 in Las Vegas, Nevada. The network will launch on February 24, 2014 as the first-ever 24/7 streaming network, offering both scheduled programs and video on demand. The USD 9.99 per month subscription will include access to all 12 live WWE pay-per-view events each year. CES, the world's largest annual consumer technology trade show, runs through January 10 and is expected to feature 3,200 exhibitors showing off their latest products and services to about 150,000 attendees. MoreAt WrestleMania 41, which spanned two nights, Austin and Paul were involved in separate segments on Night Two. Austin's appearance was characteristically chaotic. He made his entrance on an ATV to announce the night's attendance, but the entrance was smooth. After multiple attempts to navigate the ramp, he eventually made it to the ring, only to crash the ATV into the barricade, nearly hitting a fan. More news: WWE News: Steve Austin Reveals Real-Life Vince McMahon Confrontation Despite the mishap, Austin announced the attendance figures for the night and the entire WrestleMania weekend. Paul also played a significant role in a singles match against AJ Styles, emerging victorious in this contest. Beyond this recent event, Austin's career's historical context is worth noting. The rivalry between Austin and Vince McMahon is a cornerstone of WWE history. Their tumultuous relationship defined the Attitude Era, a period of immense success for WWE, during which it surpassed WCW in popularity during the late 1990s. Austin's rebellious character and his constant defiance of McMahon's authority captivated audiences and produced many memorable moments, including the beer truck and Zamboni incidents, as well as the destruction of McMahon's Corvette. More WWE News: For more on WWE, head to Newsweek Sports.
