FAA moves toward easing restrictions
The government is moving toward easing restrictions on airline passengers using electronic devices to listen to music, play games, read books, watch movies and work during takeoffs and landings, but it could take a few months.
An industry-labor advisory committee was supposed to make recommendations next month to the Federal Aviation Administration on easing the restrictions. But the agency said in a statement Friday the deadline has been extended to September because committee members asked for extra time to finish assessing whether it’s safe to lift restrictions.
Price of oil falls
The price of oil slid again Friday on the prospect of a tighter supply of cash and slower growth in China.
U.S. benchmark crude fell $1.71, to $93.69 in New York.
Brent crude, which is used to price oil used by many U.S. refineries to make gasoline, fell $1.24 to $100.91.
The average retail price of gasoline fell a penny to $3.59 per gallon according to AAA, OPIS and Wright Express.