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Adriana Kugler to step down from Fed board

Federal Reserve Governor Adriana Kugler announced on Friday that she would resign from the Central Bank Board on 8 August. Kugler, who was appointed to the Fed Board by former President Biden and confirmed in 2023, will leave the bank six months before the end of his term in January 2026. The Fed Board consists…

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Joby, L3Harris partner on hybrid defense craft

An electric air taxi by Joby Aviation sits at the Downtown Manhattan Heliport in New York City, Nov. 12, 2023. Roselle Chen | Reuters Joby Aviation and defense contracting giant L3Harris announced a partnership Friday to develop a next-generation military craft that can be piloted or fly autonomously. The partnership brings together Joby’s hybrid vertical…

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