Colonial Pipeline hack prompts DHS to issue new cybersecurity regulations
"The Biden Administration is taking further action to better secure our nation’s critical infrastructure," a DHS spokesperson told FOX Business. "TSA, in close collaboration with CISA, is coordinating with companies in the pipeline sector to ensure they are taking all necessary steps to increase their resilience to cyber threats and secure their systems."
Federal Reserve to step up research, public engagement on digital currencies
Federal Reserve Governor Lael Brainard says the research effort is driven by the growing role of digital private money, the migration to digital payments, the plans for the use of foreign CBDCs in cross-border payments, and concerns about financial exclusion.
Inside the Simon & Schuster blowup over its Mike Pence book deal
A petition demanded that the company scrap the Pence memoir, part of a two-book deal, and refrain from making any deals with members of the Trump administration.
US proposes 15% minimum tax on global corporate profits
The U.S. Treasury Department said Thursday that it supports a global minimum corporate tax rate of at least 15% — below the 21% minimum it has been seeking to impose on the foreign profits of U.S.-based companies.
Federal labor agency cheered Biden's firing of Trump appointee, hiring of new attorney: 'a REFRESHING change'
National Labor Relations Board lawyers and employees cheered the Biden administration's Inauguration Day firing of former NLRB General Counsel Peter Robb, a Trump appointee, documents show. Peter Ohr was appointed to the role.
Airline passenger faces $52,500 fine for allegedly trying to open cockpit door, assaulting flight attendant
While on that Dec. 23 Delta Air Lines flight from Honolulu, Hawaii, to Seattle, the passenger "repeatedly refused to comply with crew members’ instructions."
New problem for Boeing as FAA orders 737 Classic inspections
The Federal Aviation Administration (FAA) said on Friday it was requiring U.S. operators of 143 Boeing Co 737 Classic series airplanes to check for possible wire failures stemming from an investigation into an Indonesia crash in January.
SEC’s Gensler hunts for companies not ESG woke enough
FOX Business has learned that the Securities and Exchange Commission is launching a series of inquiries into whether corporations make proper disclosures involving so-called Environment, Social, Governance issues, known by the short-hand ESG.
Need a credit card or auto loan? Banks are making them easier to get
Credit cards, auto, and other personal loans are becoming easier to get as banks loosen standards more than a year into the pandemic.
Free offices with a view: 4 lighthouses, courtesy of feds
The General Services Administration says the U.S. Coast Guard has decided it no longer needs four of the nation's most picturesque lighthouses, and it's inviting certain types of organizations to take them over at no cost.
State Street agrees to pay $115 million criminal fine for customer overcharges
State Street Corp agreed to pay a $115 million criminal penalty and enter a deferred prosecution agreement to resolve charges it defrauded customers by secretly overcharging them for expenses, the U.S. Department of Justice said on Thursday.
Alibaba logs higher quarterly sales but posts loss on antitrust fine
Chinese e-commerce giant Alibaba Group Holding Ltd. posted revenue growth on stronger retail and cloud-computing results in the latest quarter, but a large fine levied by the Chinese government dragged the company to a quarterly loss.
Government warning to gas hoarders: Don't put gasoline in plastic bags
The U.S. Consumer Product Safety Commission says consumers should follow the gas canister manufacturer's instructions for storing and transporting gasoline as Americans respond to gas shortages
FAA issues penalties to allegedly disruptive airline passengers
The passengers are facing thousands of dollars in fines after allegedly disobeying "cabin crew instructions" and disregarding "various federal regulations" such as wearing a face mask, the FAA said.
Big Tech, semiconductors team up to lobby US government on chip production funding
Big Tech and top chipmakers have formed a new lobbying group that is seeking government chip manufacturing subsidies.
Masks and gowns: Schools suit up for first prom season since 2019
Prom season is back for the first time since the pandemic hit a year ago, but the night will look much different than in years past.
As Chinese rocket barrels toward Earth, FAA working with NORAD on potential impact to commercial air travel
The Federal Aviation Administration is working with the North American Aerospace Defense Command to track any impact the Chinese rocket hurtling uncontrolled toward Earth might have on commercial air travel, the agency told FOX Business.
Theranos founder Elizabeth Holmes' trial: Defense, prosecution spar over what should be included
Holmes, who is pregnant, is scheduled to face trial in August 2021 on 11 counts for alleged crimes committed surrounding her health care tech startup, Theranos.
Biden picks Richard Cordray, ex-consumer watchdog, to manage federal student aid
The U.S. Department of Education announced that former Democratic nominee for Ohio governor, Richard Cordray, will be chief operating officer of federal student aid.
19 states ask Supreme Court to limit EPA authority in order to protect jobs
Nineteen states are asking the U.S. Supreme Court to limit the Environment Protection Agency's authority to protect energy jobs.