The Federal Aviation Administration said Tuesday it was placing Southwest Airlines under a heightened safety review after a string of recent near-miss safety incidents involving the low-cost carrier. In a statement, the agency said it was increasing oversight of Southwest ‘to ensure it is complying with federal safety regulations.’ “Safety will drive the timeline,” the agency said. The development comes ...
LONDON — Boeing’s output of 737 Max planes is showing signs of improvement, the new head of its commercial unit said ahead of a major air show on Sunday, while admitting that the manufacturer has “disappointed” customers with delayed planes. Boeing is trying to get past several safety and manufacturing crises, including the midair door plug blow out in January, which have ...
Bissell is voluntarily recalling 3.2 million Steam Shot-style handheld steam cleaners after it received 183 reports of injuries, most of them minor burns. In a release on the Consumer Product Safety Commission’s website, Bissell said the affected products ‘can expel hot water or steam onto users while heating or during use, posing a burn hazard.’ The products are sold throughout ...
McDonald’s will extend its $5 value meal beyond its initial four-week window in most of its U.S. markets as the fast-food giant says the offer is driving traffic back to restaurants. In a memo to the U.S. system obtained by CNBC on Monday, executives wrote that nearly every business unit, encompassing 93% of its restaurants, voted to extend the promotion past ...
The S&P 500 rose Monday to notch its best day since June 5 as tech shares bounced on the heels of the worst weekly loss for the index since April. The benchmark climbed 1.08% to settle at 5,564.41 and clinch its best day since June 5, while the Nasdaq Composite advanced 1.58% to close at 18,007.57. The Dow Jones Industrial Average rose 127.91 points, or 0.32%, ...
A defamation suit against Fox News by a government official who served on a short-lived U.S. government media disinformation board was dismissed Monday by a federal judge. The lawsuit from Nina Jankowicz alleged that Fox News had defamed her on numerous occasions, leading to waves of online attacks and threats of violence after the formation of the Disinformation Governance Board, where she ...
Sales of previously owned homes dropped 5.4% in June compared with May, to 3.89 million units on a seasonally adjusted, annualized basis, according to the National Association of Realtors. Sales were also 5.4% lower than June of last year. This is the slowest sales pace since December. These are closed sales, so based on contracts signed mostly in April and ...
The Federal Trade Commission is launching an investigation into so-called “surveillance pricing,” seeking more information about how artificial intelligence is used to change pricing rapidly based on data about customer behavior and characteristics. The FTC says the practice allows companies to charge different customers, different prices. The agency is serving eight companies with a mandatory request for information — all ...
Delta canceled another 400 flights Tuesday as its troubles in the wake of the global CrowdStrike-Microsoft IT outage dragged on for the fifth consecutive day. The Atlanta-based carrier also saw more than 300 flights delayed Tuesday. The ongoing issues have prompted the U.S. Department of Transportation’s Office of Aviation Consumer Protection to open an inquiry into Delta, citing “the high ...
Delta Air Lines CEO Ed Bastian apologized and offered frequent flyer miles to travelers for thousands of flight cancellations as the carrier struggled to recover from Friday’s globe-spanning IT outage, disruptions that sparked criticism from Transportation Secretary Pete Buttigieg. The Atlanta-based airline canceled more than 4,600 flights from Friday through Sunday, more than any other airline, according to aviation data firm OAG. ...