The Federal Aviation Administration said it would fine Boeing Co. $3.1 million for a series of safety violations that it uncovered over a space of several months between late 2023 and early last year. The violations included interference with safety officials’ independence and “hundreds of quality system violations” at Boeing’s factory in Renton, Washington and […]
Boeing Faces $3.1 Million in Fines for Safety Violations Read More »
Australia faces cascading climate risks, government report says
Australia faces cascading climate risks, government report says Read More »
Key Takeaways Starbucks CEO Brian Niccol made $95.8 million in 2024, while the median barista at the company made just $14,674, according to the AFL-CIO. The CEO-to-worker pay ratio of 6,666-to-1 is the largest among all S&P 500 companies. The overwhelming majority of Niccol’s compensation is in the form of stock awards, most of which are
Starbucks Faces Scrutiny as CEO’s Pay Is 6,666 Times That of the Median Barista Read More »
French prosecutors stepped up an investigation into Royal Philips NV for potentially causing danger to human health with breathing devices, tasking a magistrate with deeper probing powers to lead the case. Paris prosecutors said on Monday that the decision to pass on the case to an investigative magistrate was made in June. The investigation will
Philips Faces Deepened French Probe Over Sleep Apnea Device Safety Read More »
Envestnet (and former subsidiary Yodlee) erred in destroying evidence that might have boosted allegations in an ongoing lawsuit against the firm by a former fintech partner, according to a court order. According to the latest development in the case between FinancialApps vs. Envestnet and subsidiary Yodlee, a Delaware court appointee surmised that Envestnet didn’t preserve
Envestnet Faces Evidence Destruction Allegations Read More »