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News Brief: 

FAA News
 

Latest Top (5) News


Join FAA's Child Safety Education Effort

May 18-Check out the FAA's new child safety website and information toolkit.

  • FAA News Release
  • Secretary LaHood's Fast Lane Blog
  • Child Safety Website



Fri, 18 May 2012 12:31:48 EST


News and Updates - Join FAA's Child Safety Education Effort

May 18-Check out the FAA's new child safety website and information toolkit.

  • FAA News Release
  • Secretary LaHood's Fast Lane Blog
  • Child Safety Website



Fri, 18 May 2012 12:31:48 EST


FAA Offers Tips on Child Safety
  • FAA Press Release
  • Secretary LaHood's Fast Lane
  • Child Safety Website


Thu, 17 May 2012 09:51:12 EST


News and Updates - FAA Offers Tips on Child Safety
  • FAA Press Release
  • Secretary LaHood's Fast Lane
  • Child Safety Website


Thu, 17 May 2012 09:51:12 EST


Press Release - FAA Proposes $395,850 Civil Penalty Against US Airways

NEW YORK-The Federal Aviation Administration (FAA) is proposing a $395,850 civil penalty against US Airways Inc., of Tempe, Ariz., for allegedly violating U.S. Department of Transportation Hazardous Materials Regulations.

The FAA conducted a periodic dangerous goods inspection of US Airways' facilities at Hartford's Bradley International Airport (BDL), May 10-18, 2010. As a result of the inspection, the FAA alleges the airline committed various violations between Feb. 26 and May 12, 2010. The alleged violations involve 12 flights to or from BDL.

In one instance, the Transportation Security Administration discovered, while inspecting passenger checked baggage, that US Airways had accepted an undeclared shipment containing ten disposable cigarette lighters filled with flammable gas. The FAA alleged the airline failed to notify the FAA of this discrepancy.

In another instance, US Airways offered an improperly packaged shipment containing wet cell batteries filled with alkali, a corrosive, for transportation by air on a US Airways passenger-carrying flight.

The FAA also alleged the airline failed to provide pilots with the required "accurate and legible written information" regarding 23 shipments of hazardous materials it accepted for transportation by air.

US Airways has 30 days from the receipt of the FAA's enforcement letter to respond to the agency.



Thu, 17 May 2012 00:00:00 EST
 
Money News
 

Latest Top (5) News


Nasdaq 'embarrassed' over Facebook trading issues - Reports
The chief executive of Nasdaq OMX said he was "embarrassed" after technical glitches caused Facebook's widely-anticipated IPO to be delayed Friday, according to several news reports.

Sun, 20 May 2012 20:20:19 EDT


Stocks: Storm clouds continue to gather over Greece
Facebook is finally public, but that won't solve Greece's problems.

Sun, 20 May 2012 15:16:07 EDT


Ex-Goldman director Rajat Gupta set for insider trading trial
Rajat Gupta was once a board member at Goldman Sachs and managing director of consulting giant McKinsey & Co. Now, he's the biggest target yet in the government's sprawling insider trading crackdown.

Sun, 20 May 2012 08:15:14 EDT


GM won't advertise in the 2013 Super Bowl
General Motors will not advertise during this year's Super Bowl game, the automaker said Friday.

Fri, 18 May 2012 17:55:36 EDT


Postal Service's next deadline: Aug. 1
The next deadline facing Congress to save the U.S. Postal Service is Aug. 1. That's when the agency won't have enough money to make a $5.5 billion payment to a retirement fund mandated by law.

Fri, 18 May 2012 17:29:33 EDT
 
Business News
 

Latest Top (5) News


Global markets on edge over Greece despite G8 pledge
TOKYO (Reuters) - Markets remained cautious on Monday despite world leaders calling for Greece to stay in the euro zone and for Europe to balance austerity with growth, with investors unwilling to take risks before Greek elections next month.



Sun, 20 May 2012 20:02:59 -0400


Facebook stock seen facing crucial week after modest debut
NEW YORK (Reuters) - Newly issued shares in Facebook Inc may have a hard time in the coming week if lead underwriter Morgan Stanley stops supporting the stock and managers lower down in the IPO book who were hoping for an early surge decide to get out before going underwater.



Sun, 20 May 2012 19:58:08 -0400


G8 growth talk leaves wary markets awaiting action
(Reuters) - A pledge by leaders of industrialized nations to help the troubled world economy is unlikely to herald quick new action by Europe on its debt crisis, meaning more uncertainty for nervous financial markets.



Sun, 20 May 2012 19:48:17 -0400


Apple, Samsung CEOs set for court talks
SAN FRANCISCO (Reuters) - The chief executives of Apple Inc and Samsung Electronics Co Ltd are used to running the show at their global tech empires, but they will be in for a different experience when they arrive at a San Francisco federal courthouse on Monday.



Sun, 20 May 2012 17:53:40 -0400


Facebook shares could fall below IPO price: Barron's
(Reuters) - Shares in social media company Facebook Inc could fall below the initial public offering price of $38, Barron's wrote in its May 21 edition.



Sun, 20 May 2012 12:19:53 -0400
 
Technology News
 

Latest Top (5) News


Apple, Samsung CEOs set for court talks
SAN FRANCISCO (Reuters) - The chief executives of Apple Inc and Samsung Electronics Co Ltd are used to running the show at their global tech empires, but they will be in for a different experience when they arrive at a San Francisco federal courthouse on Monday.


Sun, 20 May 2012 17:53:40 -0400


Samsung's mobile chief says has options to settle war with Apple
SEOUL (Reuters) - Samsung Electronics' mobile division chief JK Shin said on Sunday the South Korean technology giant was still seeking to resolve differences in its international patent war with Apple Inc..


Sun, 20 May 2012 04:05:15 -0400


Google says it has China's approval for Motorola deal
(Reuters) - Google said on Saturday that Chinese authorities have approved its $12.5 billion purchase of Motorola Mobility Holdings, the last regulatory hurdle to a deal that would allow the world's No. 1 Internet search engine to develop its own line of smart phones.


Sat, 19 May 2012 21:23:01 -0400


Historic Facebook debut falls flat
SAN FRANCISCO (Reuters) - The historic initial public offering of Facebook Inc did not go as planned on Friday, as the social networking company's sky-high valuation combined with trading glitches left the stock languishing near its offering price at the market close.


Fri, 18 May 2012 20:53:38 -0400


U.S. says will bar some Motorola Mobility phones
WASHINGTON (Reuters) - Some Motorola Mobility smartphones infringe on a Microsoft patent and will be barred from importation to the United States, a U.S. trade panel said on Friday.


Fri, 18 May 2012 19:17:54 -0400
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