FAA will streamline rules to expedite drone permits

Federal aviation officials, battered by complaints that bureaucratic hurdles are preventing industry from realizing the economic benefits of drones, announced Tuesday they are streamlining rules to expedite permits to fly small, commercial unmanned aircraft.

The Federal Aviation Administration made the announcement an hour before a congressional hearing at which an Amazon.com executive complained that the agency took too long to approve a request to flight test a delivery drone. The model of drone was already obsolete when the request was finally granted last week.

Drone industry officials have complained that FAA’s restrictions on testing are forcing U.S. companies to do their testing overseas and giving foreign competitors a leg up.

“We don’t test it anymore. We’ve moved on to more advanced designs that we already are testing abroad,” said Paul Misener, Amazon’s vice president for global public policy at a hearing of the Senate Commerce, Science and Technology’s aviation subcommittee.

Amazon submitted a new request to the FAA last Friday – the day after the previous request was granted – for permission to test fly a more advanced drone, Misener said.

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Toys ‘R’ Us to make stores engaging places for kids

Toys “R” Us Inc., following years of losing ground to online rivals and discount chains, plans to revamp its stores to be places where kids come to play.

The company, which was taken private almost a decade ago by Bain Capital Partners, KKR & Co. and Vornado Realty Trust, will open a new prototype store this year, Chief Executive Officer Antonio Urcelay said at an event on Tuesday in New York. The goal is to eventually make all of its locations more engaging places for children than Wal-Mart Stores or Target, he said in an interview.

The company will add more technology for kids to interact with, and additional floor space will be devoted to play areas.


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