Bloomberg Terminal 1 at New York’s John F Kennedy International Airport reopened with limited operations, two days after a power outage forced flight delays and diversions. Normal flight operations will resume as scheduled on Sunday, the Port Authority of New York and New Jersey said. “Necessary electrical repairs were completed in JFK Terminal 1 overnight and full power has …

Bloomberg The UK Treasury is expected to post the largest budget deficit for any January in at least 25 years, tying the hands of Chancellor Jeremy Hunt as he faces calls to cut taxes and boost public-sector pay. In normal times, January delivers a bumper surplus as workers and companies settle their tax bills. But this year, spending is being …

  Bloomberg SpaceX is facing a $175,000 fine from the Federal Aviation Administration (FAA) for failing to provide proper advance data about an August 2022 Starlink launch and its potential for collision with debris in orbit. “SpaceX was required to submit the data to the agency at least seven days prior to an attempted launch,” the FAA said in a …