Government Regulation

FAA Issues Inspection Order for Boeing 737 Engines

The U.S. Federal Aviation Administration (FAA) on Friday issued an emergency airworthiness directive requiring all airlines to inspect the fan blades on certain engines like the one that blew up ...
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Wells Fargo Settles Federal Claims for $1 Billion

The Consumer Financial Protection Bureau (CFPB) announced Friday morning that it had settled federal claims against Wells Fargo & Co. (NYSE: WFC) related to risk management and improper charges to ...
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ZTE Claims US Threatens Its Survival

China's ZTE consumer electronics company says the fact that the United States blocks exports of key components for its smartphones could bring it to its knees. It is an outrageous ...
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6 Most Important Things in Business Today

Troubled Mattel Inc. (NYSE: MAT) has another new CEO. According to The Wall Street Journal: Mattel Inc. Chief Executive Margo Georgiadis is leaving the toy maker after about a year ...
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T-Mobile’s Ministry of Dirty Tricks

The U.S. Federal Communications Commission (FCC) on Monday fined T-Mobile USA Inc. (NASDAQ: TMUS) $40 million as part of a consent decree between the agency and the company over T-Mobile's ...
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6 Most Important Things in Business Today

Facebook Inc. (NASDAQ: FB) CEO Mark Zuckerberg would not say if he is willing to support regulation of the company he founded as he testified before Congress. According to Reuters: ...
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Facebook’s Coming Death Cross Chart Pattern May Overshadow Diminishing Fundamentals

Facebook Inc. (NASDAQ: FB) was looking all set to have a great 2018. Its shares were rising in January, and analysts kept lifting price targets. Then came the market sell-off ...
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Approval for Bayer, Monsanto Merger Could Plow US Farmers Under

The $60-billion deal that allows Bayer to acquire Monsanto Co. (NYSE: MON) reportedly received antitrust approval late Monday from the U.S. Justice Department after the two companies agreed to dispose ...
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Ford Recalls 350,000 F-150s, Expeditions for Roll Away Issue

Ford Motor Co. (NYSE: F) on Friday announced a recall of about 350,000 2018 model year F-150 pickups and Expedition sport utility vehicles to repair a problem with the 10-speed ...
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Ford Escape SUV Scores ‘Poor’ in Safety Test

The Insurance Institute for Highway Safety (IIHS) on Wednesday reported the result of recent crash tests conducted on seven small sport utility vehicles. Of the seven, five were rated "good," ...
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Boeing’s Direct Exposure to China Trade War May Be Overblown

Shares of the Boeing Co. (NYSE: BA) were hit hard on Wednesday as retaliatory tariff announcements from China are set to include aircraft, along with the other real-economy items that ...
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Exxon Loses Court Fight to Block Investigation Into Climate Statements

A federal judge in New York on Friday dismissed a case launched by Exxon Mobil Corp. (NYSE: XOM) seeking to block investigations by the states of New York and Massachusetts ...
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Tesla Responds to Latest Fatal Crash

A Tesla Inc. (NASDAQ: TSLA) Model X crashed on Highway 101 near Mountain View, California, on Friday, March 23, killing the driver. At the time of the crash, the vehicle's ...
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10 Companies That Would Love It If President Trump Goes After Amazon

Is it possible that the high and mighty Amazon.com Inc. (NASDAQ: AMZN) might have finally become so big and powerful that politicians actually go after the company where it hurts ...
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FTC Now Investigating Facebook Privacy Practices

Facebook Inc. (NASDAQ: FB) shares dropped by more than 6% early Monday following an announcement from the U.S. Federal Trade Commission (FTC) that the agency has opened a "non-public investigation" ...
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