US Imposes Over $2 Million Penalties Against Some Airlines, Securing $1 Billion in Refunds

US Imposes Over $2 Million Penalties Against Some Airlines, Securing $1 Billion in Refunds

The US DOT fined three airlines over $2 million and ordered them to repay customers for COVID-19-canceled flights.


IATA Warns About More Expensive Airfare—But, What Causes Plane Ticket Prices To Increase?

The IATA warns people about more expensive airfare. Here's what Director-General Willie Walsh explained.

Microsoft President Claims Few AI Deepfakes Target EU Elections, But Says They Shouldn't Declare Victory Yet

Microsoft President Brad Smith said that only a few AI deepfakes target EU elections. But this shouldn't be celebrated as a victory yet.

FDA Recall Notice: Fresh Start Produce Sales Recalls Cucumbers Contaminated With Salmonella

FDA posted a recall notice confirming the mass recall of Fresh Start Produce Sales cucumbers, which could be contaminated with salmonella.


Latest News

FRANCE-US-MUSIC-TAYLOR SWIFT
Spotify announced a price increase for its US premium plans to boost profitability and invest in new features, with individual plans rising from $10.99 to $11.99 monthly.
Keith Gill, aka "Roaring Kitty," seemed to be holding $116 million in GameStop, enabling its share price to double.
SPAIN-TELECOM-TECHNOLOGY
AMD CEO Lisa Su introduced new AI chips during Computex tech conference in Taiwan. This photograph shows a AMD logo at the Mobile World Congress (MWC), the telecom industry's biggest annual gathering, in Barcelona on February 27, 2023(Photo : PAU BARRENA/AFP via Getty Images) AMD unveiled new artificial intelligence (AI) processors on Monday, June 3, in an effort to dominate the competitive market.
OPEC+ Prolongs Most of Its Deep Oil Output Cuts Until 2025
OPEC+ has decided to prolong most of its extensive oil production cuts until 2025. OPEC+ has decided to prolong most of its extensive oil production cuts until 2025.
Nvidia Unveils Next-Gen AI Chip 'Rubin' Ahead of Computex Tech Conference in Taipei
Nvidia introduced its latest AI chip platform, "Rubin," on the eve of the Computex technology conference in Taiwan.
Shein to File 50 Billion Pound London IPO Prospectus as Early as This Week
Fast fashion giant Shein is reportedly gearing up to submit a prospectus to Britain's Financial Conduct Authority as it aims for approval for a potential IPO in London.
Emirates Chief Says Singapore Airlines Turbulence Incident a 'Lesson' to Aviation Industry
Emirates president Tim Clark said that the recent turbulence incident involving a Singapore Airlines Boeing 777-300ER flying from London to Singapore served as a lesson for the aviation industry as a whole.
Executive Editor of the Washington Post Sally Buzbee
Sally Buzbee resigned as executive editor of the Washington Post after three years at the publication.
Riyadh Air to Announce Partnership Deal with Major ASEAN Airline This Week
Several people anonymously told Bloomberg that Riyadh Air would be announcing an agreement with a major Southeast Asian carrier in the coming days.
Tesla Rival Electric Carmaker Lucid Lays Off Hundreds of Employees After raising $1 Billion
Lucid Group Inc. has recently made the decision to reduce its workforce by 400 employees by the end of the year.
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