Business

FAA Says Electronics During Takeoff and Landing Are Not a Safety Risk

FAA Says Electronics During Takeoff and Landing Are Not a Safety Risk
With the blessing of an influential advisory panel, federal regulators are closer to letting airline passengers use their smartphones, tablets, e-readers and other electronic gadgets during takeoffs and landings.
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Qualcomm Exec Indicted on Insider Trading Charges, Illegally Made $250k in Profits

Qualcomm Exec Indicted on Insider Trading Charges, Illegally Made $250k in Profits
A former senior executive at Qualcomm Inc. made nearly $250,000 in illegal profits from using inside information to buy stock in the wireless technology company and an acquisition target before major public announcements, according to an indictment unsealed Monday. Jing Wang was charged with insider trading, money laundering, conspiracy, obstruction of official proceedings and aggravated identity theft. He voluntarily surrendered at FBI offices Monday and pleaded not guilty at an initial court appearance.
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Elliot Spagat
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Six Weeks of 'Inactivity' Enough for Banks to Seize a Person's Funds

Six Weeks of 'Inactivity' Enough for Banks to Seize a Person's Funds
It only takes six weeks without a deposit or withdrawal —accrued interest doesn't count — before the federal government and its fourth branch (the banks) can seize a person's funds. This is a practice that is unfairly targeting the elderly and children. At this point, is there any bullying from the banks that could be considered surprising?
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'Monsanto Law' Would Make Chile's Food Sovereignty 'Dependent on Big Corporations'

'Monsanto Law' Would Make Chile's Food Sovereignty 'Dependent on Big Corporations'
Protesters filled the streets of over 10 cities in Chile on Saturday to march against what has been dubbed 'Monsanto Law,' a measure critics say risks the country's food sovereignty while putting seeds in the hands of a few multi-national corporations.
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Despite Posting Records for Earnings and Revenue, Cisco Laying Off 4,000 Workers

Despite Posting Records for Earnings and Revenue, Cisco Laying Off 4,000 Workers
Cisco's earnings and revenue grew in the latest quarter as demand for its computer networking equipment increased. But CEO John Chambers called the global economy "challenging and inconsistent" and the company said it is cutting about 4,000 jobs, or about 5 percent of its work force.
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Maybe Coors Light Doesn't Have 'The World’s Most Refreshing Can' After All

Maybe Coors Light Doesn't Have 'The World’s Most Refreshing Can' After All
Are you on your way to the liquor store to pick up a six-pack of Coors Light because you saw an ad boasting how their cans lock in "Frost Brewed Taste?" Then it might be time to reconsider your decision.
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Airline Execs Pushing Merger Caught Bragging About Profiting From Limited Competition

Airline Execs Pushing Merger Caught Bragging About Profiting From Limited Competition
Throughout the 56-page lawsuit filed Tuesday, Department of Justice lawyers quote internal emails, investor presentations and public comments by the two airlines' top executives noting how past mergers have allowed the industry to raise fares and given passengers no choice but to put up with ever-increasing fees for checking a bag or changing flights.
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AL Commerce Department Bilks Education Trust Fund for PR Website

AL Commerce Department Bilks Education Trust Fund for PR Website
A small state entity that few even know exists has become a cash cow for a Birmingham PR firm. Using funding from the Education Trust Fund, Alabama's Department of Commerce signed a no-bid contract for $99,000 to get itself a new Web site - that uses WordPress.
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'Alarming' New Study: 'Ubiquitous' Food Industry Influence on Food Safety Policy

'Alarming' New Study: 'Ubiquitous' Food Industry Influence on Food Safety Policy
In another sign of undue corporate influence, a new study has found widespread conflicts of interest by the people deciding whether food additives are determined to be "generally recognized as safe" (GRAS) over the past 15 years.
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Bank Steals All of Woman's Possessions, Won't Replace Them

Bank Steals All of Woman's Possessions, Won't Replace Them
Katie Barnett of MacArthur, Ohio, returned from her vacation to find her home broken into and all of her belongings gone. It turns out First National Bank in Wellston are the one's who broke into her house and took her belongings . . . after they foreclosed on her house instead of the house across of the street. The bank now refuses to replace what they took and the police won't press charges.
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