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The "American Dream" is declining, Snap exceeds revenue expectations, and more news.


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U.S. aviation regulators are leaning toward allowing in-flight calls on planes. The transportation department may take years to make the decision, though.

Has far exceeded revenue expectations for 2016, The Information reports. The company had "set a high bar" of $300 million, and has far exceeded that — and set a goal of $1 billion for 2017.

Barely half of today's 30 year olds have the earning power their parents did at their age, a steep decline in a metric researchers have decided to call the "American Dream." In 1970, 92% did and now the number is 51%.

Wells Fargo
Has created a four-person committee to internally investigate its sales scandal, Reuters reports. The bank has also enlisted a law firm and its HR committee to aid in the investigation.

"If I can inspire young people to dedicate themselves to the good of mankind, I've accomplished something.”
John Glenn, 1921 - 2016

Daily Top Headlines:
Animation: Lucy Clinch
Script: Katie Carroll, Isabelle Roughol
Art: Jacqueline Zaccor
Producer: Florencia Iriondo

Published in: News & Politics
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