Business

Boeing Fined $6.6 Million For Failing To Comply With FAA Rules

1 month ago   |   By Forbes

Both the embattled firm and the Federal Aviation Administration have faced significant scrutiny following the crashes involving Boeing's 737 MAX aircraft.
Read more ...

 

TikTok owner ByteDance to pay $92M in US privacy settlement

1 month ago   |   By Chron

SAN FRANCISCO - TikTok's Chinese parent company ByteDance has agreed to pay $92 million in a settlement to U.S. users who are part of a class-action lawsuit alleging that the video-sharing app failed to get their consent to collect data in violation of a strict Illinois privacy law.
The federal lawsuit alleged that TikTok broke the Illinois biometric privacy law, which allows suits against companies that harvest consumer data without consent, including via facial and fingerprint scanning. Illinois is the only state with a law that allows people to seek monetary damages for such...
Read more ...

 

Boeing will pay $6.6 million to settle FAA allegations

Boeing will pay $6.6 million to settle FAA allegations

1 month ago   |   By Stl Today

Federal regulators have imposed $5.4 million in civil penalties against Boeing for violating terms of a $12 million settlement in 2015, and the aircraft maker has agreed to pay another $1.21 million to settle two current enforcement cases.
Read more ...

 

TikTok To Pay $92 Million To Settle Class-Action Suit Over 'Theft' Of Personal Data

TikTok To Pay $92 Million To Settle Class-Action Suit Over 'Theft' Of Personal Data

1 month ago   |   By NPR

The proposed settlement applies to 89 million TikTok users in the U.S. whose personal data was allegedly tracked and sold to advertisers in violation of state and federal law.
Read more ...

 

Boeing will pay $6.6 million to settle FAA allegations

1 month ago   |   By Chron

Federal regulators have imposed $5.4 million in civil penalties against Boeing for violating terms of a $12 million settlement in 2015, and the aircraft maker has agreed to pay another $1.21 million to settle two current enforcement cases.
The Federal Aviation Administration said Thursday that Boeing managers failed to put adequate priority on living up to the earlier settlement and complying with FAA regulations.
Under terms of the previous settlement, Boeing can't appeal the new penalty, the FAA said.
This is merely the latest brush with regulators for Chicago-based Boeing. In January...
Read more ...

 


Search by Tags

   Business      Business      Aerospace & Defense      Aerospace-defense      Breaking      Breaking-news      Videos      Video      Data      Company      Companies      Action      Actions      Building      Advertising      Management  


NovoCure surges 65% to all-time high on upbeat review of its lung cancer...

NovoCure surges 65% to all-time high on upbeat review of its lung cancer treatment trial

Summary List Placement NovoCure Limited spiked as much as 65% on Tuesday to its highest since it listed in 2015 after the global oncology company gave an update on its phase... Read more ...

Cleveland Fed: Key Measures Show Small Uptick in Inflation in March

Cleveland Fed: Key Measures Show Small Uptick in Inflation in March

The Cleveland Fed released the median CPI and the trimmed-mean CPI this morning: According to the Federal Reserve Bank of Cleveland, the median Consumer Price Index rose 0.2%... Read more ...

'Fortnite' maker Epic Games is worth just shy of $30 billion after raising...

'Fortnite' maker Epic Games is worth just shy of $30 billion after raising another $1 billion in its latest funding round

Summary List Placement In less than a year, the company behind "Fortnite" has nearly doubled in value - from about $18 billion in July 2020 to nearly $30 billion in April... Read more ...

Gartner: PC sales in Q1 hit highest growth rate in 20 years

Gartner: PC sales in Q1 hit highest growth rate in 20 years

People and businesses are still buying PCs, with almost 70 million PCs shipped in Q1, Gartner said. Growth in PC shipments hit a 20-year high Read more ...

Obama says he 'grieves' with the family of Daunte Wright, makes call to...

Obama says he 'grieves' with the family of Daunte Wright, makes call to 'reimagine policing and public safety'

Summary List Placement Former President Barack Obama on Tuesday expressed grief at the police killing of a 20-year old Black man, Daunte Wright in Minnesota, while also calling... Read more ...

A sharp rise in bond yields is a bigger concern for fund managers than...

A sharp rise in bond yields is a bigger concern for fund managers than COVID-19 - and most believe crypto is in a bubble, but stocks aren't even close, BofA said

Summary List Placement Fund managers are now more worried about a so-called "taper tantrum" in the bond market than Covid-19 or inflation, according to a Bank of America global... Read more ...

The CEO of Informatica explains how its big cloud revitalization push is...

The CEO of Informatica explains how its big cloud revitalization push is rooted in its 28-year history, and Microsoft's cloud boss says it's a key partner

Summary List Placement When Informatica, a data warehousing company, was first founded in the early '90s, it was focused on data integration for companies running their... Read more ...

1Password expands into secrets management to help enterprises secure their...

1Password expands into secrets management to help enterprises secure their infrastructure

1Password is expanding into the "secrets" management space, helping developer teams across the enterprise safeguard their infrastructure. Read more ...

Central bank digital currencies do not threaten the existence of...

Central bank digital currencies do not threaten the existence of cryptocurrencies, Morgan Stanley says

Summary List Placement Morgan Stanley said cryptocurrencies will still exist even if central banks issue their own digital currencies. The bank said the uses and appeals of... Read more ...

The Latest: Spain PM says J&J vaccine benefits outweigh risk

The Latest: Spain PM says J&J vaccine benefits outweigh risk

MADRID - Spanish Prime Minister Pedro Sánchez says the benefits of taking the Johnson & Johnson vaccine are greater than the risks. Read more ...