Boeing to settle $200 million fine for misleading investors on 737 MAX's safety

Sep 25, 2022 22:23 pm UTC| Law Economy Business

Boeing agreed to settle the $200 million penalty slapped by the US Securities and Exchange Commission fined Boeing for misleading assurances about the safety of the 737 MAX airplane deemed to be negligent violated the...

FTC reviewing Amazon's deal to buy iRobot for $1.7 billion

Sep 22, 2022 23:57 pm UTC| Business Economy Law Technology

The Federal Trade Commission is investigating Amazons $1.7 billion acquisition of iRobot, amid growing concerns about the companys market power. According to iRobot, it and Amazon received a request for additional...

NY judge allows foie gras sales to continue while ban is challenged in court

Sep 20, 2022 22:54 pm UTC| Law Life Economy Business

The Supreme Court of New York has allowed foie gras to remain on fine dining menus and in city shops while farmers await a ruling on their challenge of New York Citys ban filed earlier this year. A judge issued a...

All Queen Elizabeth issued royal warrants to food, drink brands now invalid

Sep 13, 2022 23:44 pm UTC| Law Economy Business

Companies have two years to either get their Royal Warrants renewed by King Charles III or else stop printing the Royal Arms symbol on their products. The British Royal Warrants are official acknowledgments that a...

Ex-China Eastern flight attendants from S. Korea win unfair dismissal case

Sep 10, 2022 22:16 pm UTC| Law Economy Business

Former China Eastern Airlines flight attendants from South Korea who were laid off before their expected employment regularization have won in a first-instance court trial. The Seoul Central District Court ruled in...

Front-pack nutrition info sought in US

Sep 08, 2022 23:42 pm UTC| Law Economy Business Health

A White House summit on nutrition and health to be held later this month will consider whether to mandate that nutritional information be made available on the front panel of food and beverage packages. Public health...

Kirin Beverage ordered to ensure correct labeling

Sep 07, 2022 23:42 pm UTC| Law Economy Business Life Health

Japans Consumer Affairs Agency ordered Kirin Beverage to prevent a recurrence of deceptive packaging for its juice product. Although its Tropicana melon taste juice product was labeled as 100 percent melon by Kirin...