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Car-dependent California seeks to follow New York’s lead and save public transit

SACRAMENTO, Calif. (AP) — California’s transit agencies are asking Democrats who control the state’s government to rescue them like Democrats in New York recently did. It’s proving to be a much tougher sell in California. The nation’s most populous state is far more automobile-reliant than much of the Northeast. The state is projected to have a $31.5 billion budget deficit. Democratic Gov. Gavin Newsom has also proposed slashing another $2 billion from transit infrastructure funding to help balance the books. Bay Area Rapid Transit has warned they could be forced to stop running after 9 p.m. and on weekends without additional funding.

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Erdogan’s new central bank chief signals hope for Turkey’s economic turnaround

ANKARA, Turkey (AP) — Turkey’s president has appointed a former U.S.-based bank executive to head the central bank. The appointment Friday is sending the strongest signal yet that Recep Tayyip Erdogan might pivot from his unusual economic policies that many blame for a worsening cost-of-living crisis. The 41-year-old Erkan is Princeton-educated and will become the first woman to lead the Turkish central bank. Erdogan won a third presidential term last month as the country grapples with high inflation that’s made it difficult for people to afford food and housing. He also has named a respected former banker as finance minister. Both appointments indicate the possibility that Erdogan may abandon policies on interest rates that run counter to traditional economic thinking.

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Stock market today: Wall Street drifts higher, marking 4th winning week for S&P 500

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Lawmakers propose to weaken Obama rule requiring airlines to advertise full airfare price

WASHINGTON (AP) — Congress will consider rolling back an Obama-era rule that requires airlines to show the total cost of a ticket when advertising fares. Republicans and Democrats on the House Transportation Committee proposed Friday to let airlines exclude taxes and fees from advertised fares, as long as the full price is available by clicking a hyperlink or through some other way. That’s in a bill to reauthorize the Federal Aviation Administration for five more years. The bill would also make it slightly easier to become an airline pilot by increasing the amount of training that can be done in simulators instead of flying a plane.

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Speaker McCarthy eyes new commission to tackle nation’s debt, but many Democrats are wary

WASHINGTON (AP) — House Speaker Kevin McCarthy is studying history and considering the appointment of a mix of lawmakers and business leaders to a new commission to tackle the nation’s soaring debt. McCarthy is fresh off his biggest political victory since becoming speaker. He got the White House to agree to a debt limit suspension that also contained some $1.5 trillion in deficit savings. Now, he’s studying whether to ask CEOs who have streamlined business operations to work with lawmakers. He says, “I think that combination would work well, but right now I’m spending a lot of time on how to put that together.” A Democratic senator calls the effort a “prescription for trouble.”

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Biden picks longtime transportation official as acting head of the FAA

WASHINGTON (AP) — The Federal Aviation Administration has another acting leader at the controls. The White House said Thursday that President Joe Biden picked longtime government official Polly Trottenberg to run the FAA. She replaces another acting administrator, Billy Nolen, who announced in April that he would leave soon. Trottenberg held a high-ranking job in the Transportation Department in the Obama administration. Most recently, she has been deputy to Transportation Secretary Pete Buttigieg. Before that, she headed the New York City Transportation Department and worked on Capitol Hill as a Senate staffer. The FAA has been without a permanent administrator for more than a year.

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Los Angeles county DA’s office quits Twitter due to barrage of ‘vicious’ homophobic attacks

LOS ANGELES (AP) — The Los Angeles county district attorney’s office has left Twitter due to barrage of what the office called vicious homophobic attacks. The account that went by the handle @LADAOffice no longer exists on Twitter. The office said Thursday that comments on Twitter ranged from homophobic and transphobic slurs to sexually explicit and graphic images. It added that they remained visible in replies to the account more than 24 hours after they were reported to Twitter. Multiple advocacy groups say attacks on LGBTQ+ users have increased substantially since Elon Musk took over the company last fall.

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Ford to bring Mustang back to Le Mans under company rebranding

LE MANS, France (AP) — Ford has planned a return to the 24 Hours of Le Mans with its iconic Mustang muscle car next year under a massive rebranding of Ford Performance that is aimed at bringing the automotive manufacturer “into the racing business.” The new Mustang Dark Horse-based race car was unveiled at Le Mans. Mustang will enter the GT3 category next year with at least two cars in both IMSA and the World Endurance Championship. The project is part of an overall rebranding of Ford Performance that was done by renowned motorsports designer Troy Lee and is aimed at making Ford a lifestyle brand with a sporting mindset.

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