Morning Business Report: Congress considers air traffic controller pay bill as Nvidia beats earnings and stocks rebound

A new bill in Congress aims to ensure air traffic controllers receive pay during any future government shutdowns.

(LILAMAX)- A new bill in Congress aims to ensure air traffic controllers receive pay during any future government shutdowns. Lawmakers introduced the legislation ahead of a Senate subcommittee hearing scheduled for Wednesday, where officials will examine the impact of the recent 43-day shutdown on aviation. Some in Washington argue that the absence of air traffic controllers on the job was a key factor in ending the stalemate and pushing lawmakers back to work.

In corporate news, Nvidia delivered another strong performance, beating both earnings and revenue forecasts. The company’s chips power leading artificial intelligence systems and remain essential to developing new AI models and technology.

Stocks closed higher, snapping a recent losing streak. Meanwhile, the federal government canceled the scheduled release of the October jobs report, citing a lack of reliable data collected during the shutdown.

On Capitol Hill, the House Administration Committee is set to consider a proposed stock trading ban for lawmakers and their immediate families. A bipartisan group introduced the Restore Trust in Congress Act in September, combining several past proposals aimed at limiting congressional stock activity after years of unsuccessful reform efforts.

Monster Energy also made headlines after announcing a new “female-focused” energy drink brand set to launch in 2026. CEO Hilton Schlosberg introduced the line, called FLRT, which will feature zero-sugar options. The announcement has already sparked mixed reactions from consumers and industry watchers.