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Inadequate Inspections Contributed to Jet-Engine Failure
Business

Inadequate Inspections Contributed to Jet-Engine Failure

A Pratt & Whitney engine broke down during a United flight to Honolulu in February 2021, showering a Colorado town with metal. Source link

Britain's John Lewis has lost its soul, says Mary Portas By Reuters
Stock Market

SEC fines Cantor Fitzgerald over repeated failure to identify large traders By Reuters

© Reuters. FILE PHOTO: People exit the headquarters of the U.S. Securities and Exchange Commission (SEC) in Washington, D.C., U.S., May 12, 2021. REUTERS/Andrew Kelly/File

Amazon faces labor complaint over failure to bargain with union By Reuters
Stock Market

Amazon faces labor complaint over failure to bargain with union By Reuters

© Reuters. The Amazon logo is displayed on a sign outside the company’s LDJ5 sortation center, as employees begin voting to unionize a second warehouse

Individuals behind Bespoke Markets Group get prison terms
Finances

Merrill Lynch to pay $6M to settle SEC charges for failure to file Suspicious Activity Reports

The Securities and Exchange Commission (SEC) today announced charges against Merrill Lynch, Pierce, Fenner & Smith Incorporated and its parent company BAC North America Holding

Finances

Fed official tells lawmakers many to blame for Silicon Valley Bank failure By Reuters

© Reuters. FILE PHOTO: SVB (Silicon Valley Bank) logo and decreasing stock graph are seen in this illustration taken March 19, 2023. REUTERS/Dado Ruvic/Illustration By

Fed Official Calls Silicon Valley Bank Failure a ‘Textbook Case of Mismanagement’
Business

Fed Official Calls Silicon Valley Bank Failure a ‘Textbook Case of Mismanagement’

Markets Financial Regulation Michael Barr, the Federal Reserve’s vice chairman for supervision, says the bank didn’t manage its risks Source link

Fed Official Calls Silicon Valley Bank Failure a ‘Textbook Case of Mismanagement’
Finances

Fed Official Calls Silicon Valley Bank Failure a ‘Textbook Case of Mismanagement’

Markets Financial Regulation Michael Barr, the Federal Reserve’s vice chairman for supervision, says the bank didn’t manage its risks Source link

Finances

SF Fed bank’s Daly not responsible for SVB failure -former SF Fed chair By Reuters

2/2 © Reuters. FILE PHOTO: An employee holds the door open at the Silicon Valley Bank branch office in downtown San Francisco, California, U.S., March