Author: IA PressRoom

WASHINGTON, D.C. – APRIL 24, 2018: An American Airlines Boeing 737 passenger plane taxis from a … [+] gate to the runway at Ronald Reagan Washington National Airport in Washington, D.C. (Photo by Robert Alexander/Getty Images)Getty Images A pilot has sued American Airlines, Fidelity Investments, and others alleging that they violated ERISA by offering 401(k) plans that include environmental, social, and governance factors. If successful, it would open the door to a wave of litigation seeking to reclaim losses from ESG decisions. Environmental, social, and governance, or ESG, is a type of investing where factors beyond strictly financial matters are…

© Reuters. FILE PHOTO-An employee of a supermarket named Akidai works at a store in Tokyo, Japan January 20, 2023. REUTERS/Issei Kato By Kantaro Komiya and Kaori Kaneko TOKYO (Reuters) – Japan’s wages rose in April as major companies lifted pay at the fastest pace in three decades following increased worker demands for salaries to keep up with inflation, government data showed on Tuesday. The April wage data provides an early glimpse of the effects of the spring labour negotiations, or “shunto”, and comes as Bank of Japan Governor Kazuo Ueda says an end to easy policy would depend on…

During the first year of Russia’s war in Ukraine, the Biden administration fretted constantly that if Kyiv hit back inside Russian borders, President Vladimir V. Putin would retaliate against not only Ukraine, but also possibly NATO and the West.But those fears have ebbed. As Ukraine’s counteroffensive edges closer, a series of bold attacks in Russia, from a swarm of drone attacks in Moscow to the shelling of towns in the Belgorod region bordering Ukraine and an incursion into the country using American-made armored vehicles, have been greeted by the Biden administration with the diplomatic equivalent of a shrug.“It’s not like we’re…

A previous version of this story included an incorrect company name. The company is Desktop Metal Inc. The battle for control of polymer 3-D printing company Stratasys Ltd. took yet another turn on Friday when 3D Systems Corp. entered the fray with an offer it says offers superior value to the company’s plan to combine with Desktop Metal Inc. Rock Hill, S.C.-based 3D Systems DDD, -0.97% said its cash-and-stock offer of $7.50 in cash and 1.2507 in newly issued shares is equal to about $25 per Stratasys SSYS, +1.23% share. Upon completion, Stratasys shareholders would own 40% of the combined…

Rep. George Santos has asked a judge to keep the names of the people who guaranteed his half-million-dollar bond a secret. The embattled congressman said outing them would make them targets for job loss, violence, and death threats Santos said he’d rather forfeit his bond and go to jail than reveal his suretors’ identities. Loading Something is loading. Thanks for signing up! Access your favorite topics in a personalized feed while you’re on the go. download the app Rep. George Santos has begged a judge not to reveal the names of the anonymous people who agreed to pony up a…

© Reuters. FILE PHOTO: A view shows a Microsoft logo at Microsoft offices in Issy-les-Moulineaux near Paris, France, January 25, 2023. REUTERS/Gonzalo Fuentes By Kanishka Singh WASHINGTON (Reuters) -Microsoft will pay $20 million to settle U.S. Federal Trade Commission (FTC) charges that the tech company illegally collected personal information from children without their parents’ consent, the FTC said on Monday. The company had been charged with violating the U.S. Children’s Online Privacy Protection Act (COPPA) by collecting personal information from children who signed up to its Xbox gaming system without notifying their parents or obtaining their parents’ consent, and by…

© Reuters. FILE PHOTO: An aerial view shows containers and cargo vessels at the Qingdao port in Shandong province, China May 9, 2022. China Daily via REUTERS/File Photo By Muyu Xu SINGAPORE (Reuters) -Ports in China’s Shandong province are demanding more detailed information about oil tankers that are more than 15 years old that call at their terminals, sources with knowledge of the matter said, potentially delaying the unloading of crude shipments in the world’s biggest oil importer. Last week, the maritime safety administrations at Qingdao and Rizhao, which covers the oil terminals at the port of Lanshan, notified shipping…

The U.S. Securities and Exchange Commission announced today that it has filed charges against Binance, the world’s largest cryptocurrency exchange, for violating federal securities laws.The SEC alleges that Binance mismanaged billions of dollars of client funds and deceived regulators and investors.How might this affect the selection of the best cryptos to buy now?According to a document published on the SEC’s website, the agency is accusing Binance and its CEO Changpeng Zhao of covertly transferring funds to a company owned by Zhao.”Zhao and Binance were well aware of the regulations but deliberately chose to ignore them, putting their clients and investors…

U.S. Immigration and Customs Enforcement (ICE) Deputy Director Tae D. Johnson will be retiring from federal law enforcement duties at the end of the month, after over 30 years of serving the country.Johnson’s announcement comes less than a week after U.S. Border Patrol Chief Raul Ortiz announced he, too, had decided to retire. US Acting Director of the US Immigration and Customs Enforcement, Tae Johnson, speaks about Operation Dark HunTor, a joint criminal opioid and darknet enforcement operation, during a press conference at the US Department of Justice in Washington, DC, on October 26, 2021.  (Photo by ROBERTO SCHMIDT/AFP via…

DNY59 U.S. President Joe Biden on Saturday signed a bill to suspend the debt ceiling into 2025, averting the country’s first ever default. One of the provisions of the legislation was the end of the suspension of federal student loan repayments. In light of this provision, U.S. consumers with student loans will likely disproportionately reduce spending on soft goods versus other categories as they shift funds to pay down debt, UBS analyst Jay Sole said in a research note on Sunday. Moreover, these consumers prefer brands over private label and specialty retailers over discounters, Sole added. Sole named the following…