Business
Delta and United call on Congress to immediately end government shutdown, pay air traffic controllers
A Delta Airlines plane takes off near the air traffic control tower at Ronald Reagan Washington National Airport (DCA) in Arlington, Virginia, US, on Tuesday, Oct. 28, 2025.
Samuel Corum | Bloomberg | Getty Images
Delta Air Lines and United Airlines called on Congress Thursday to reopen the U.S. government and pay air traffic controllers, with Delta urging senators to “immediately pass a clean continuing resolution.”
U.S. air traffic controllers missed their first full paychecks on Tuesday as the government shutdown drags on through a fourth week with no end in sight while Republican and Democratic senators remain at an impasse.
“Missed paychecks only increases the stress on these essential workers, many of whom are already working mandatory overtime to keep our skies safe and secure,” Delta said in a statement Thursday.
Delta CEO Ed Bastian had warned earlier this month that the airline could see impacts from a prolonged shutdown.
Vice President JD Vance and Transportation Secretary Sean Duffy hosted a roundtable at the White House Thursday afternoon with the lobby group Airlines for America, whose members include Delta, United, American Airlines and others.
United CEO Scott Kirby told reporters outside the White House that Congress should pass a clean continuing resolution, adding that the shutdown is putting stress on the economy.
United Airlines CEO Scott Kirby, joined by U.S. Vice President JD Vance and Transportation Secretary Sean Duffy, speaks to reporters outside the White House on Oct. 30, 2025 in Washington, D.C.
Kevin Dietsch | Getty Images News | Getty Images
Air traffic controllers and Transportation Security Administration officers are essential employees who are required to work through the shutdown even though they are not receiving regular paychecks.
The missed paychecks come as controllers grapple with a longstanding staffing shortage. There are 3,800 fewer fully certified controllers than the FAA’s target, according to Nick Daniels, president of the National Air Traffic Controllers Association.
“These additional distractions will compound the existing risks in an already strained system,” Daniels said in an opinion piece in The Hill on Tuesday.
“Every day the shutdown continues, the National Airspace System becomes less safe than it was the day before, as the controllers’ focus shifts from their critical safety tasks to their financial uncertainty,” he said.
The shutdown began on Oct. 1 after Senate Republicans and Democrats failed to reach an agreement to keep the government open.
Democratic senators are insisting that Republicans agree to extend enhanced Affordable Care Act health insurance subsidies before they will vote for funding to reopen the government.
The Congressional Budget Office estimated Wednesday that a four-week shutdown would cost the economy at least $7 billion by the end of 2026. A six-week shutdown would cost the economy $11 billion, and an eight-week shutdown would cost $14 billion, according to CBO estimates.
Flights have been delayed at several U.S. airports over the past month but the severe disruptions that preceded the end of the longest-ever shutdown, between late 2018 and early 2019, have not occurred.
— CNBC’s Leslie Josephs contributed to this report.
Business
Budget eases PF, ESI deduction rules for employers, allows relief for delayed deposits – The Times of India
In a move expected to bring relief to employers and reduce routine tax disallowances, the finance bill has proposed a key change to the treatment of employees’ provident fund (PF), ESI and similar contributions, allowing deductions even where there is a delay in deposit, provided the amount is deposited by the employer entity with the relevant welfare fund authorities before the due date of its Income-tax return.At present, employers can claim deduction for employees’ PF and ESI contributions only if the amounts are deposited within the strict timelines prescribed under the respective welfare laws. Even a minor delay permanently disqualifies the expense for tax purposes, a position that had been settled by the Supreme Court (SC) after years of litigationUnder the proposed amendment to Section 29 of the Income-tax Act, 2025, the definition of “due date” for claiming deduction of employees’ contributions is set to be aligned with the due date for filing the income-tax return by the employer entity.Explaining the shift, Deepak Joshi, a SC advocate said employers are currently held to a rigid standard. “The law, as interpreted by the SC, meant that if employee contributions were not deposited within the due date under the relevant welfare fund laws, no deduction was allowed — even if the payment was made before filing the income-tax return,” he said.“The proposed amendment substitutes the definition of ‘due date’ to mean the due date of filing the income-tax return. The positive impact is that even if there is a slight delay in depositing employees’ contributions, so long as the amount is deposited before the return-filing deadline, the employer will be allowed the deduction,” Joshi added. Experts view the move as part of the government’s broader effort to soften compliance rigidities and reduce avoidable litigation.
Business
Free baby bundles sent to newborn parents but some miss out
Baby boxes are being delivered to expectant families in some of Wales’ most deprived areas.
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Business
Investors suffer a big blow, Bitcoin price suddenly drops – SUCH TV
After the drop in gold price, Bitcoin price also fell.
Bitcoin fell below $77,000 in the global market, Bitcoin price fell by more than 13% in a week.
Bitcoin’s highest price in 6 months fell below $126,000, Bitcoin price has dropped by more than $49,000.
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