Investments and Business

Boeing in trouble again for sharing details of plane crash investigation

Boeing in trouble again for sharing details of plane crash investigation

More news - News 24 hours Boeing is facing renewed criticism after the revelation of a January crash involving a 737 Max plane. During a factory tour, a Boeing executive revealed details about the missing bolts that led to a panel coming loose in mid-flight. The information sharing has angered the National Transportation Safety Board (NTSB), which called it a “blatant violation” of its own investigation rules. The NTSB is investigating the crash and says Boeing is not allowed to discuss details or speculate about the cause. As punishment, they will limit Boeing’s access to investigation information and prevent them…
Read More
EU targets Microsoft Teams bundling, saying it stifles competition

EU targets Microsoft Teams bundling, saying it stifles competition

More news - News 24 hours The European Union (EU) accuses Microsoft of foul play after regulators accused the tech giant of unfairly bundling its popular Teams video conferencing software with its Office suite. This practice, the EU says, gives Teams an unfair advantage over competitors like Zoom and Slack. The issue centers on how Microsoft packages Teams within its Office 365 and Microsoft 365 subscriptions, which include programs like Word, Excel, and Outlook. Regulators believe this bundling essentially forces companies to adopt Teams if they want Microsoft's other widely used programs. This, they argue, harms competition by limiting customer…
Read More
Passenger restrained with duct tape during flight risks a fine

Passenger restrained with duct tape during flight risks a fine

Related media - News 24 hours An American Airlines passenger who kicked and spit at flight attendants and passengers and attempted to open the cabin door before being secured to his seat with duct tape is being sued by the Federal Aviation Administration for $81,950 , the largest fine ever issued by the agency for unruly behavior. behavior. The passenger, Heather Wells, 34, of San Antonio, was traveling first class from Dallas-Fort Worth International Airport in Texas to Charlotte Douglas International Airport in Charlotte, North Carolina, on July 7, 2021, when About an hour into the flight she ordered a…
Read More
Biden proposes eliminating medical debt from credit reports

Biden proposes eliminating medical debt from credit reports

Related media - Recent news That has changed significantly in recent years, as the three national credit reporting agencies – TransUnion, Equifax and Experian – have eliminated much of that debt from credit reports. In the last two years, they stopped reporting debts less than $500 and debts less than a year in collections. According to a recent study by the Urban Institute, these changes have erased medical debt from the credit reports of millions of Americans. The percentage of Americans with unpaid healthcare bills on their credit reports dropped from 12% in August 2022 to 5% in August 2023.…
Read More
Amazon fined nearly  million over warehouse labor quotas

Amazon fined nearly $6 million over warehouse labor quotas

More news - Recent news An Amazon spokesperson said in a statement that the company is appealing the sanctions and denied that the company used "fixed quotas." Spokeswoman Maureen Lynch Vogel said that “individual performance is evaluated over an extended period of time, compared to the performance of the entire site team” and that workers can “review their performance whenever they wish.” . California law also prohibits quotas that interfere with employees' ability to take mandatory breaks or use the bathroom, or that prevent employers from following state health and safety laws. Experts said the law was among the first…
Read More