Michael Robbins

Money Moves

Applauded the deal

Japan will put up as much as $21 billion for two chip factories in Malta, New York, with GlobalFoundries as the operator. The first plant is due to start production in 2029 and would add about 900,000 wafers of annual capacity.

Updated Oct 25

Rule Changes

As of May 2026: Leading industry advocacy on Part 108 rule

For nearly a decade, every U.S. commercial drone operator wanting to fly beyond a pilot's line of sight needed an individual FAA waiver — a slow, bespoke process that capped the industry at small pilot programs. On August 7, 2025, the FAA proposed Part 108: a new, standardized framework for routine beyond-visual-line-of-sight (BVLOS) operations replacing individual waivers. In January 2026, the FAA reopened the comment period for 14 days (closing February 11, 2026) to refine the rule before finalizing it in March 2026.

Updated May 29