FAA says SpaceX must implement 63 corrective actions before next Starship launch
SpaceX received a slew of corrective actions from the Federal Aviation Administration that it must carry out in order to conduct future launches of its Starship.
Gun safe company hit with backlash for providing FBI with code to customer's safe
Popular gun safe company Liberty Safe is facing backlash after the company admitted to sharing a customer's safe password with law enforcement; it has since changed its policies.
House Republicans investigating SBA over alleged misappropriation of COVID funds
The House Small Business Committee is investigating the Small Business Administration after an SBA inspector general's report found the agency misappropriated COVID funds.
FAA invests $121M for airport modifications to reduce risk of runway incursions
The Federal Aviation Administration said it invested over $121 million in grants for modifications to airports with the goal of reducing the risk of close calls.
DOJ files lawsuit accusing SpaceX of hiring discrimination against refugees, asylum recipients
The Department of Justice has filed an employment discrimination lawsuit against SpaceX alleging that the company unlawfully excluded refugees and asylum recipients in its hiring decisions.
Dollar Tree, Family Dollar to pay $1.34 million in OSHA settlement
Dollar Tree Inc. has agreed to a settlement with the Occupational Safety and Health Administration that comes with work safety-related requirements and fines totaling over $1 million.
US SEC votes on overhaul for $20T private fund industry
The SEC's five-member panel will vote on the changes, proposed last year, aimed at increasing transparency, fairness and accountability in the $20.4 trillion private funds industry.
FAA holds runway safety meetings at major airports nationwide after multiple close calls
The Federal Aviation Administration plans to meet with airport officials at 90 major airports through September as part of its ongoing effort to prevent close calls.
Need your passport expedited? There are options but they'll cost you
Given the high demand for passports, U.S. travelers planning global adventures should start now: Current U.S. passport processing times are 10-13 weeks. Expedited plans will cost extra.
UBS agrees to $1.4 billion settlement with DOJ over 2008 financial crisis claims
Swiss bank UBS has agreed to pay more than $1.4 billion in a settlement with the U.S. Department of Justice over alleged misconduct leading up to the 2008 financial crisis.
Airlines can keep flying reduced schedules to NYC, Washington through October, FAA says
The FAA is letting airlines continue to operate slimmer schedules at major New York City and Washington-area airports due to ongoing air traffic controller staffing shortages.
Federal deficit hit $1.6 trillion in first 10 months of FY23, more than double last year's shortfall
The nonpartisan Congressional Budget Office's latest budget review found the federal deficit more than doubled to $1.6 trillion in the first 10 months of FY2023 compared to a year ago.
Amazon to meet with FTC officials ahead of expected antitrust complaint
The commission has been examining Amazon practices including whether it favors its own products over competitors’ on its platforms and how it treats outside sellers on Amazon.com.
Auto warranty robocaller hit with nearly $300M fine from FCC
The FCC hit the enterprise with the 'record-breaking' penalty of $299,997,000 for auto warranty scam robocalls made in 2021, the agency said in a Thursday press release
US regulators investigate 280K Tesla models for steering issue: 'Serious safety hazard'
The National Highway Traffic Safety Administration (NHTSA) has opened an investigation into reported issues with the power steering on Tesla Model 3 and Model Y vehicles.
IRS says new paperless processing initiative will allow for faster refunds
The Internal Revenue Service has launched a plan for allowing taxpayers the ability to file more returns and correspond with the agency digitally in a push to go paperless.
Fitch downgrades US' long-term ratings from 'AAA' to 'AA+'
Fitch Ratings said Tuesday it has downgraded the United States' long-term foreign-currency issuer default rating to "AA+" from "AAA," drawing pushback from Treasury Secretary Yellen.
Extraterrestrial AI can contribute to 'quantum leap' in technological advancements, Harvard physicist says
Harvard Physicist Avi Loeb discusses the impact extraterrestrial data could have on the evolution of artificial intelligence and why the government should be transparent
Chicago considers controversial tax hike on property sales over $1M to fund homeless housing
Chicago's City Council is considering raising the tax rate on real estate for properties worth more than $1 million to fund housing units for homeless people.
Biden admin plans first-ever heat wave 'Hazard Alert' for workers
The White House on Thursday announced a first-ever "Hazard Alert" for heat as record-breaking temperatures sweep across the U.S., putting workers at risk for heat-related injury or death.