Author: HotspotorlandoNews

Merger would create dominant carrier in Brazil’s domestic market Azul and Gol sign nonbinding memorandum for merger Regulatory approvals needed, including from antitrust regulator CADE SAO PAULO,  Azul and Gol (GOLL4.SA), opens new tab, two of Brazil’s largest airlines, are moving a step closer to a sweeping merger that would create a dominant carrier in Latin America’s No. 1 economy, a securities filing showed on Wednesday.

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Disappointment, denial and confusion flooded U.S. TikTok on Wednesday upon hearing the news that Chinese owner ByteDance planned to shut off the app for its 170 million U.S. users by Sunday, seemingly throwing in the towel on efforts to keep the popular video-sharing platform going. Users who have amassed followings and careers on the app hoped for months that TikTok would find a way to avoid a U.S. ban passed into law in 2023. But resignation and anger have begun to set in, with Jan. 19 just a few days away.

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President Lula signed a bill restricting the use of smartphones at school, following a global trend for such limitations. The move will impact students at elementary and high schools across the South American nation starting in February. It provides a legal framework to ensure students only use such devices in cases of emergency and danger, for educational purposes, or if they have disabilities and require them.

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The U.S. government posted an $87 billion budget deficit in December, reduced partly by a shift of benefit payments into November but capping a record $711 billion deficit for the first three months of the 2025 fiscal year, the U.S. Treasury Department said on Tuesday. The Treasury, releasing its final budget report before President-elect Donald Trump takes office next week, said that the $711 billion October-December deficit was $201 billion, or 39% higher, than the $510 billion deficit in the same period a year earlier as outlays grew sharply and revenues declined slightly.

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Trump nominee Pete Hegseth weathers Democrat grilling to emerge largely unscathed Hegseth’s past controversies raise concerns among lawmakers Trump’s nominee declines to rule out firing top general Confirmation would be by a very narrow margin Hegseth receives critical support from Republican Senator Joni Ernst Hegseth’s management experience questioned for Pentagon role WASHINGTON, Jan 14- President-elect Donald Trump’s pick to lead the Pentagon, Pete Hegseth, endured fierce Democratic grilling over everything from his inexperience, alleged drinking and his past opposition to women in combat to emerge largely unscathed among Republicans at his confirmation hearing on Tuesday. Hegseth, a former Fox News…

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Brazilian government said today: it is “seriously concerned” about Meta Platforms’ announced changes to its hate speech policy, adding it would hold a public hearing later this week to discuss the topic. Facebook owner Zuckerberg, already reduced curbs on discussions around contentious topics such as immigration and gender identity, while also scrapping its fact-checking program in the United States.

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