Legal & Regulatory

American Airlines Offers $4.2 Billion in Pay Increase for Flight Attendants to Avoid Strike

American Airlines agreed to allot $4.2 billion worth in pay and benefits to its flight attendants after agreeing on a tentative deal.


Journalists of Australian Newspapers Begin Strike vs. Nine Network Hours Before Paris Olympics

Hundreds of newspaper journalists of Australian commercial media outlet Nine began its nationwide five-day strike to oppose a pay offer from company management while the media firm is set to broadcast..

SpaceX Reveals Cause of Recent Falcon 9 Flight Failure, Looks to Return to Flight by July 27

SpaceX said that it identified and fixed the problem that caused a failure in its Falcon 9 rocket in a launch earlier this month after announcing it has filed a mishap report to the FAA...

Uber, Lyft Drivers Remain as Contractors After California Supreme Court Upheld Proposition 22

Under Prop 22, drivers for Uber and Lyft are not entitled to benefits such as overtime pay and paid sick leave...


Latest News

Big European Banks to Report Q2 Earnings This Week
The largest banks in Europe, such as Santander, BNP Paribas, and Deutsche Bank, are set to report their earnings for the second quarter of 2024 this week following the announcement from the European C
Biden Quits White House Race: Here’s Some Possible Impacts for the Stock Market, Interest Rates
GoBankingRates provided several immediate impacts that would affect Wall Street and other financial institutions following US President Joe Biden’s decision to stand down from the race to the White Ho
Family Business in Hong Kong Under Fire for Repackaging Tofu in Poor Hygiene Conditions
Hong Kong company known for its fermented Tofu, Liu Ma Kee, faces backlash after it was revealed that they imported and repackaged tofu under unsanitary conditions, contrary to its claims of producing
Over 3.3 Million Bissell Steam Cleaners Recalled Due to Burn Hazard After Injury Reports
Bissell has recalled 3.3 million Steam Shot Handheld Steam Cleaners in North America due to a burn risk, following over 150 injury reports linked to the defect.
Boeing Plans Major Overhaul to Rebuild Trust Following 737 Max Crashes That Cost Them $30 Billion
Boeing, facing severe financial and reputational damage from the 737 Max crashes, is implementing a comprehensive recovery plan involving better safety measures, workforce training, and buying back it
Stellantis Recalls Over 24,000 Minivans Over Battery Fire Risk; Owners Advised to Park Outdoors
Stellantis recalls over 24,000 plug-in hybrid minivans due to a potential battery fire risk, advising owners to park outdoors and avoid charging. At the same time, they investigate a defect linked to
ECB’s Interest Rates Remain Unchanged But May See Cuts in September
The European Central Bank announced that it would keep interest rates unchanged but may change by the next quarter.
European Commission President Ursula von der Leyen Re-Elected to Second Term
The European Commission has re-elected its president, Ursula von der Leyen, for another five-year term. The continent is facing crises ranging from the war in Ukraine to climate change to migration to
Google Faces Italian Antitrust Investigation for Misleading User Consent Practices
Italy's antitrust agency is investigating Google and its parent company, Alphabet, over alleged unfair practices in how they obtain user consent for combining personal data across services like YouTub
China Investigates 16 Companies for Illegally Testing Job Seekers with Pregnancy Tests
Investigations are underway into Chinese companies accused of conducting illegal pregnancy tests on job applicants, which contradicts national efforts to address low birth rates.
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