The Marked Chart Wire · Politics
Drone Spectrum
FCC opens additional cellular spectrum for drone use
The Federal Communications Commission has made more cellular spectrum available for drones to operate on.
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Marijuana Legalization
Cohen proposes federal bill to legalize cannabis
Rep. Steve Cohen introduced a plan to remove cannabis from federal drug schedules and restructure classification systems. The legislation would also speed up reviews for psychedelic research.
Toast
Federal and state regulators file suit against Toast
The FTC and state authorities are suing the restaurant technology firm, alleging it misled customers with undisclosed charges.
NYC Driver Law
Amazon, UBER, and Instacart sue New York City over driver deactivation law
The companies filed a lawsuit arguing the new regulation violates constitutional rights and restricts their ability to manage safety standards. The law, which requires just cause before removing drivers, is scheduled to take effect in January 2027.
Washington
FCC votes to ban Chinese labs from US electronics testing
The Federal Communications Commission voted to prohibit Chinese laboratories from testing US electronics, with the ban taking effect in December 2028.
Congress Trades
Rep. Kevin Hern discloses selling ASML, Seagate Technology and Texas Instruments shares
The filing, filed Oct 28, includes 3 trades in 3 stocks; the largest is a sale of $15,001 to $50,000 of ASML on Oct 23. Others include STX and TXN.
Tariffs
Audi advances $4 billion Georgia plant amid tariff talks
Audi is moving forward with a $4 billion assembly plant in Georgia that will produce 200,000 vehicles annually. The project follows reports that the Commerce Department is developing tariff exemptions for automakers committing to U.S. manufacturing by 2027.
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