Apple shares were down over $1.70 in Tuesday afternoon trading after markets learned that a $50 iTunes gift card being offered by NYCAviation for photos of Steve Jobs' Gulfstream landing in New York would not be purchased.
The US Federal Aviation Administration and National Aeronautics and Space Administration have reached a landmark agreement that will allow the two agencies to set regulations for the burgeoning commercial space industry.
U.S. Federal Aviation Administration Administrator Randy Babbitt took a leave of absence on Monday afternoon after police revealed he was arrested for drunk driving over the weekend.