Business
DOT freezes flight cuts as disruptions ease and end to shutdown is in sight
The FAA Air Traffic Control tower at LaGuardia Airport (LGA) in the Queens borough of New York, US, on Friday, Nov. 7, 2025.
Michael Nagle | Bloomberg | Getty Images
The Department of Transportation late Wednesday froze flight cuts it imposed less than a week ago as air travel disruptions eased across the U.S. ahead of a House vote on a funding bill that could end the longest federal government shutdown in history.
The House on Wednesday night cleared a procedural hurdle required before a vote could begin on a funding bill that would keep the government open through January. President Donald Trump would sign the bill on Wednesday, the White House said.
On Wednesday, 816 U.S. departures were canceled, 3.5% of airlines’ schedule, the lowest rate and number of cancellations since last Thursday, according to aviation data firm Cirium.
The shutdown again put air travel in the spotlight and heightened strains on air traffic controllers, who have been required to work without receiving their regularly scheduled paychecks. The DOT said Wednesday night in a statement that there was a “rapid decline” in callouts from controllers in the last two days.
Trump administration officials on Friday started requiring airlines to trim their schedules, citing safety risks and additional strain on controllers. The required cancellations rose from 4% of domestic flights at U.S. airports to 6% on Tuesday, blaming increased strain on air traffic controllers. They would have increased to 10% by Friday, but DOT froze the increases on Wednesday night.
But the cuts weren’t enough to avoid further disruptions that were worsened by widespread staffing shortages and bad weather, leading to an influx of cancellations and delays last weekend.
Delta Air Lines CEO Ed Bastian said Wednesday on CNBC’s “Squawk on the Street” that the shutdown will have a financial impact on the carrier but it wouldn’t come close to wiping out the airline’s profits. He warned that he thinks there will be another shutdown at some point and said air traffic controllers should be paid if that happens.
U.S. airline shares were up broadly on Wednesday before the House vote.
Thin air traffic controller staffing has been on the rise during the shutdown that started Oct. 1, leading to thousands of flights being slowed or altogether canceled and disrupting travel plans of 5 million passengers, according to Airlines for America, an industry group that represents the largest U.S. carriers. Some air traffic controllers were forced to take second jobs to make ends meet, the controllers’ union and government officials have said.
Transportation Secretary Sean Duffy and major airlines this week warned that air travel won’t immediately snap back to normal even after the shutdown.
“We’re going to wait to see the data on our end before we take out the restrictions in travel but it depends on controllers coming back to work,” Duffy said at a news conference at Chicago O’Hare International Airport on Tuesday.
Business
BrewDog owners say craft beer company could be sold off
Craft beer brand BrewDog could be sold off after the company started the process to find new investors.
The Scottish beer brand recently announced plans to close all of its distilling brands, meaning it would no longer produce any of its spirits, including Duo Rum, Abstrakt Vodka, and Lonewolf Gin, at its distillery in Ellon, Aberdeenshire.
The company, which was founded in 2007, said it made the decision to focus on its beer brands, including the highly-popular Punk IPA, Elvis Juice, and Hazy Jane.
Now, in a statement, a spokesperson for BrewDog said the company had appointed Alix Partners to “support a structured and competitive process to evaluate the next phase of investment for the business.”
The statement said: “As with many businesses operating in a challenging economic climate and facing sustained macro headwinds, we regularly review our options with a focus on the long-term strength and sustainability of the company.
“Following a year of decisive action in 2025, which saw a focus on costs and operating efficiencies, we have appointed AlixPartners to support a structured and competitive process to evaluate the next phase of investment for the business. This is a deliberate and disciplined step with a focus on strengthening the long-term future of the BrewDog brand and its operations.”
Although no decisions have been made, a sale is under consideration.
In a statment BrewDog added: “BrewDog remains a global pioneer in craft beer: a world-class consumer brand, the No.1 independent brewer in the UK, and with a highly engaged global community. We believe that this combination will attract substantial interest, though no final decisions have been made.”
According to reports by Sky News, AlixPartners had begun sounding out prospective buyers in the last few days.
The company, which has 72 bars worldwide and four breweries in Scotland, the US, Australia, and Germany, said its breweries, bars, and venues will continue to operate as normal. It employs 1400 people across the organisation.
BrewDog’s founders James Watt and Martin Dickie are the company’s major shareholders alongside private equity company TSG, which invested £213 million in 2017, making it a 21 per cent shareholder.
In 2024, the beer brand grossed £357 million in sales, and it is a major independent brewer with 4 per cent market share in the UK grocery market.
Business
Craft beer brewer BrewDog could be broken up as sale process begins
Beermaker BrewDog could be broken up after consultants were called in to help look for new investors.
The Scotland-based brewer, which makes craft beer such as Punk IPA and Elvis Juice, has appointed consultants AlixPartners to oversee a sale process.
Last month, BrewDog announced it was closing its distilling brands, sparking concerns for jobs at its facility in Ellon, Aberdeenshire.
The company, which was founded in 2007, said it made the decision to focus on its beer products.
No decision has been made in respect of the sale process.
A spokesperson for BrewDog said: “As with many businesses operating in a challenging economic climate and facing sustained macro headwinds, we regularly review our options with a focus on the long-term strength and sustainability of the company.
“Following a year of decisive action in 2025, which saw a focus on costs and operating efficiencies, we have appointed AlixPartners to support a structured and competitive process to evaluate the next phase of investment for the business.
“This is a deliberate and disciplined step with a focus on strengthening the long-term future of the BrewDog brand and its operations.
“BrewDog remains a global pioneer in craft beer: a world-class consumer brand, the number one independent brewer in the UK and with a highly engaged global community.
“We believe that this combination will attract substantial interest, though no final decisions have been made.
“Our breweries, bars, and venues continue to operate as normal. We will not comment on any further speculation.”
Brewdog operates 72 bars around the world as well as four breweries.
Business
‘Better to abolish RERA’: Supreme court says law helping defaulting builders
New Delhi: The Supreme Court has raised serious concerns over how real estate regulatory authorities are functioning across the country. Taking a sharp view, the top court said it may be “better to abolish” these bodies, suggesting they have failed to protect homebuyers and instead appear to benefit defaulting builders. The court added that states should reconsider the very need for such authorities if they are not serving their intended purpose.
A Bench led by Chief Justice of India Surya Kant and Justice Joymalya Bagchi said states should rethink the original purpose behind introducing RERA. The court observed that instead of protecting homebuyers, the law appears to be helping defaulting builders and not serving its intended role.
Expressing strong concern, CJI Surya Kant said states should reflect on the purpose for which RERA was created. He suggested the institution is failing to serve homebuyers and instead appears to benefit defaulting builders. “All states should now think of the people for whom the institution of RERA was created. Except facilitating builders in default, it is not doing anything else. Better to just abolish this institution,” CJI Kant said, quoted by Bar and Bench.
Last year, the High Court had stayed the state government’s decision to shift the RERA office, pointing out that the move was taken “without even identifying an alternative office location”. The court also noted that transferring 18 outsourced employees to other boards and corporations, as requested, “would render the functioning of Rera defunct”.
The Supreme Court, however, set aside the High Court’s order and allowed the state government to shift the RERA office to Dharamshala. It also permitted the relocation of the appellate tribunal to the same location. “With a view to ensure that persons affected by Rera orders are not inconvenienced, the principal appellate is also moved to Dharamshala,” the apex court said.
What Is RERA And Why It Matters
RERA, introduced in 2016, was aimed at addressing project delays, improving transparency and safeguarding homebuyers’ interests. Earlier, each state and union territory operated its own RERA website. However, in September 2025, the Ministry of Housing and Urban Affairs launched a unified RERA portal that brings together data from across states and UTs on a single platform.
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