Senate scrambles to pass bill improving air safety and service for travelers as deadline nears
The Senate is scrambling to pass a $105 billion bill designed to improve air safety and improve customer service for air travelers before the law governing the Federal Aviation Administration expires at midnight on Friday.
Bank of England edges closer to rate cut, possibly in June, as it predicts below-target inflation
The Bank of England is keeping its main U.K. interest rate at a 16-year high of 5.25% though it gave a broad hint that a reduction could be on the cards as soon as June as inflation is forecast to fall below target.
Fiji's ex-leader, Frank Bainimarama, sentenced to prison for interfering in police investigation
Former Fijian Prime Minister Frank Bainimarama has been sentenced to a year in prison for interfering in a criminal investigation while leading the government of his South Pacific island nation.
Judge grills Apple exec about whether company is defying order to enable more iPhone payment options
A federal judge on Wednesday questioned whether Apple has set up a gauntlet of exasperating hurdles to discourage the use of alternative payment options in iPhone apps, despite a court order seeking to create more ways for consumers to pay for digital services.
EU reaches a tentative deal on Ukraine aid coming from profits of frozen Russian assets
European Union nations have reached a tentative breakthrough deal to provide Ukraine with billions in additional funds for arms and ammunitions coming from the profits raised from frozen Russian central bank assets held in the bloc.
Taylor Swift bill is signed into Minnesota law, boosting protections for online ticket buyers
People buying tickets online for concerts, sporting events and other live events in Minnesota will be guaranteed more transparency and protection under a so-called Taylor Swift bill signed into law Tuesday by Gov. Tim Walz.
FDIC report outlines 'misogynistic,' 'patriarchal' 'good ol' boys' workplace culture
An independent review of the Federal Deposit Insurance Corp.โs workplace culture describes an environment that fostered โhostile, abusive, unprofessional, or inappropriate conduct,โ and questions whether the agencyโs chairman is credible to lead the agency through a cultural transformation.
Disney's streaming business turns a profit in first financial report since challenge to Iger
The Walt Disney Co. moved to a loss in its second quarter, hampered by significantly higher restructuring and impairment charges, but its adjusted profit topped Wall Streetโs view and its streaming business was profitable.
The FAA investigates after Boeing says workers in South Carolina falsified 787 inspection records
The Federal Aviation Administration has opened an investigation into Boeing after the beleaguered company reported that workers at a South Carolina plant falsified inspection records on certain 787 planes.
Medicare and Social Security go-broke dates are pushed back in a 'measure of good news'
The go-broke dates for benefit programs Medicare and Social Security have been pushed back as an improving economy has contributed to changed projected depletion dates, according to the annual Social Security and Medicare trustees report.
Redfin agrees to pay $9.25 million to settle real estate broker commission lawsuits
Redfin has agreed to pay $9.25 million to settle federal lawsuits that claim U.S. homeowners were saddled with artificially inflated broker commissions when they sold their home as a result of longstanding real estate industry practices.
Pulitzer Prizes in journalism awarded to The New York Times, The Washington Post, AP and others
The New York Times and The Washington Post were awarded three Pulitzer Prizes apiece for work in 2023 that dealt with everything from the war in Gaza to gun violence, and The Associated Press won in the feature photography category for coverage of global migration to the U.S. The prestigious Pulitzer for public service was awarded Monday to ProPublica for reporting on the Supreme Court that revealed how billionaires wooed justices with gifts and travel.
Boeing locks out its private firefighters around Seattle over pay dispute
Boeing has locked out its private force of firefighters who protect its aircraft-manufacturing plants in the Seattle area and brought in replacements after the latest round of negotiations with the firefightersโ union failed to deliver an agreement on wages.
Trump Media's newly hired auditing firm was just busted by the SEC for 'massive fraud'
The Securities and Exchange Commission has charged the auditing firm hired by Trump Media and Technology Group just 37 days ago with โmassive fraudโ โ though not for any work it performed for former President Donald Trump's media company.
Google, Justice Department make final arguments about whether search engine is a monopoly
The government and Google are making their closing arguments in a high-stakes antitrust trial to a federal judge in Washington who must now decide whether the tech giantโs search engine constitutes an illegal monopoly.