Category: Companies

‘Callous Disregard’: Amazon Not Providing Care to Injured Employees, Claims Regulator

An investigation by the U.S. Occupational Safety and Health Administration (OSHA) has determined that ecommerce behemoth Amazon allegedly failed to ensure employees received adequate medical treatment for traumatic and chronic injuries. OSHA identified six employees who suffered from head injuries as well as four workers who suffered from back injuries who did not receive timely,…


Fox Can’t Replace Tucker Carlson: Victor Davis Hanson

Fox News executives miscalculated in their sudden decision to oust the network’s most popular prime-time host, Tucker Carlson, according to Victor Davis Hanson, a historian and senior fellow at the Hoover Institution. “One of the messages the Murdochs are not quite understanding [is] that when you take away somebody who had a greater potential elsewhere…


American Airlines Pilots Vote ‘Overwhelmingly’ to Authorize Strike

The union that represent American Airline pilots announced Monday that its members approved a walkout ahead of the busy summer travel season, with nearly all of the participating pilots voting in favor of a strike. The Allied Pilots Association (APA), which represents 15,000 American Airlines pilots, said in a statement on May 1 that its members…


JPMorgan to Buy First Republic, After Regulators Seize Beleagued Bank

First Republic Bank has been seized by the Federal Deposit Insurance Corporation (FDIC), which announced on Monday morning that the beleaguered bank will be bought by JPMorgan Chase. California financial regulators on Monday ordered First Republic Bank closed, with the FDIC appointed as receiver. “To protect depositors, the FDIC is entering into a purchase and…


JPMorgan Buys First Republic, After Regulators Seize Beleaguered Bank

First Republic Bank has been seized by the Federal Deposit Insurance Corporation (FDIC), which announced on Monday morning that the beleaguered bank is being bought by JPMorgan Chase. California financial regulators on Monday ordered First Republic Bank closed, with the FDIC appointed as receiver. “To protect depositors, the FDIC is entering into a purchase and…


Third-Party Report on TikTok Security Omits Key Details: Cyber Expert

A report commissioned by Chinese social media giant TikTok supposed to dampen its security issues has been criticised by cybersecurity firm Internet 2.0. Robert Potter, head of the firm, said the third-party report, compiled by Prof. Nigel Phair missed vital details. “Certain data access points, such as clipboard access, advertisement ID, and biometric data, have been…


General Mills Issues Flour Recall After Salmonella Discovery

MINNEAPOLIS, Minn.—General Mills has issued a nationwide recall of its bleached and unbleached flour after discovering salmonella during a sampling of a 5-pound (2.3-kilogram) bag. The company is recalling 2-, 5-, and 10-pound (0.9-, 2.3-, and 4.5-kilogram) bags of its Gold Medal Unbleached and Bleached All Purpose Flour with a “better if used by” date…


US Government Scrambling to Find Solution to Rescue First Republic Bank

U.S. regulators asked large banks to submit their takeover bids for First Republic Bank (NYSE: FRC) over the weekend, in an effort to rescue the troubled bank. The Federal Deposit Insurance Corp. (FDIC) reportedly held an auction, asking multiple banks to solicit bids for FRC before an afternoon deadline on April 30. As of press time, no…


Influencer Posts Found to Be 81 Percent Misleading, Australian Regulator Says

A new report by the competition regulator reveals that many Australian social media influencers’ posts have been found to be potentially misleading. The Australian Competition and Consumer Commission (ACCC) noted in its March 2023 Digital Platforms Services Inquiry report (pdf), released on April 28, that a range of potentially harmful practices occurred to consumers and…


Toyota-Affiliate Daihatsu Rigged Safety Test for 88,000 Cars

TOKYO—Toyota Motor Corp. affiliate Daihatsu rigged part of the door in side-collision safety tests carried out for some 88,000 small cars, most of which were sold under the Toyota brand, the companies said on Friday. They said the door trim on the affected vehicles had been modified with a “notch” to minimize the risk in…