5G Rollout Delayed Near Airports Over Aviation Safety Concerns
The Week In Review notes several US flight cancellations after AT&T and Verizon scaled back 5G rollout amid FAA and Boeing concerns. FCC set a buffer near 80 airports while international carriers shifted planes to avoid risk to instruments. Microsoft to buy Activision Blizzard for about 70 billion, aiming to boost games and metaverse efforts. deal may close in fiscal 2023.
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Home building picks up for third straight month
Construction of new U S homes rose for a third consecutive month in December to a 1.7 million unit annual rate. For 2021 total starts reached about 1.6 million, up 15.6 percent from 2020, as permits jumped 9.1 percent to 1.87 million. Builders sentiment remained solid with NAHB Wells Fargo index at 83 in January after 84 in December.
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