Spanish banking giant Banco Santander is continuing its expansion into the US market. Its partnership with Verizon is set to open new horizons for the bank, allowing it to offer additional financial services and products to customers. According to the Wall Street Journal, this collaboration marks a significant milestone in the bank’s strategy for developing its digital offerings.
U.S. Transportation Secretary Sean Duffy has expressed concerns about the pace at which Verizon is executing its 15-year, $2.4 billion contract with the Federal Aviation Administration (FAA). This contract aims to enhance air traffic management systems, but its implementation has been slower than anticipated.
The Federal Aviation Administration (FAA) is reportedly close to terminating a $2.4 billion contract previously awarded to Verizon $VZ. According to The Washington Post, the FAA plans to assign the critical project of overhauling its communication systems to Starlink, a company owned by Elon Musk. This potential shift could redefine the landscape of aviation communication infrastructure in the United States.