Billy Nolen, Archer Aviation chief safety officer and former FAA Acting Administrator, joins ‘Squawk Box’ to discuss the ongoing air traffic chaos at Newark Liberty International Airport, state of the aging U.S. aviation infrastructure and staffing shortages, what’s needed to modernize the air traffic control system, and more.
An airport control tower is seen at Newark Liberty International Airport, on May 6, 2025 in Newark, New Jersey. Andres Kudacki | Getty Images Air traffic controllers have been under strain for years, but a 90-second equipment failure last week exposed how decades of staffing shortages, underinvestment and patchwork solutions for those who guide planes […]
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Retailer Target is under pressure on multiple fronts: it’s facing pushback after rolling back its diversity, equity and inclusion initiatives; it’s fighting off stiffer competition from nimble competitors like Amazon; and the company has higher exposure to a decline in consumer spending amid inflation and tariff volatility than rivals like Walmart and Costco. Target’s decision […]
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CNBC’s Phil LeBeau reports on the latest news from the FAA. Source
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