Latest Industry regulation News

FILE - In this March 6, 2020, file photo, Cathay Pacific Airways aircrafts line up on the tarmac at the Hong Kong International Airport. Hong Kong airline Cathay Pacific Airways on Wednesday, Oct. 21, 2020, said it would cut 8,500 jobs and shut down its regional airline unit in a corporate restructuring, as it grapples with the plunge in air travel due to the pandemic. (AP Photo/Kin Cheung)

Cathay Pacific cuts 8,500 jobs, shutters regional airline

Oct. 21, 2020 3:11 AM EDT

HONG KONG (AP) — Hong Kong airline Cathay Pacific Airways said Wednesday it would cut 8,500 jobs and shut a regional airline as it grapples with the plunge in air travel due to the pandemic. About 5,300 employees based in Hong Kong and another 600 elsewhere will likely lose their jobs, and 2,600 unfilled...

This undated photo released by Emirates News Agency, WAM, shows Ibrahim al-Abed, the founder of the state-run news agency.  Ibrahim al-Abed, a pioneering media figure as the oil-rich nation grew into a regional power, has died. He was 78.  (WAM via AP)

Founder of UAE state-run WAM news agency dies at 78

Oct. 21, 2020 1:00 AM EDT

DUBAI, United Arab Emirates (AP) — Ibrahim al-Abed, the founder of the United Arab Emirates' state-run WAM news agency and a pioneering media figure as the oil-rich nation grew into a regional power, died Tuesday. He was 78. Al-Abed long served as the head of the country's National Media Council, a...

FILE - This undated file photo provided by Robert Brown Public Relations shows Greg Lindberg. Lindberg has started serving a federal prison sentence for corruption-related convictions and was in custody Tuesday, Oct. 20, 2020, at a minimum-security prison in Montgomery, Alabama, according to Scott Taylor, a spokesman for the Federal Bureau of Prisons. (Robert Brown Public Relations/Greg Lindberg via AP, File)

N.C. insurance magnate begins serving federal prison term

Oct. 20, 2020 7:21 PM EDT

RALEIGH, N.C. (AP) — A North Carolina insurance magnate and prolific political donor has started serving a federal prison sentence for corruption-related convictions. Greg E. Lindberg was in custody on Tuesday at a minimum-security prison in Montgomery, Alabama, according to Scott Taylor, a spokesman for...

President Donald Trump speaks during a campaign rally at Southern Wisconsin Regional Airport, Saturday, Oct. 17, 2020, in Janesville, Wis. (AP Photo/Andy Manis)

AP FACT CHECK: Trump's falsehoods on virus, taxes and Bidens

Oct. 20, 2020 6:40 PM EDT

WASHINGTON (AP) — Back fully campaigning after COVID-19 sidelined him, President Donald Trump returned to familiar form, spreading a litany of falsehoods. Over the weekend, he asserted yet again the virus was “rounding the corner” when it isn't, misrepresented Democratic rival Joe Biden's...

FILE - In this Sept. 24, 2019, file photo a sign is shown on a Google building at their campus in Mountain View, Calif.  The Justice Department is expected to file a lawsuit Tuesday alleging that Google has been abusing its online dominance in online search to stifle competition and harm consumers. The litigation marks the government’s most significant act to protect competition since its groundbreaking case against Microsoft more than 20 years ago. The suit could be an opening salvo ahead of other major government antitrust actions, given ongoing investigations of major tech companies including Apple, Amazon and Facebook at both the Justice Department and the Federal Trade Commission.  (AP Photo/Jeff Chiu, File)

Justice Dept. files landmark antitrust case against Google

Oct. 20, 2020 6:15 PM EDT

WASHINGTON (AP) — The Justice Department on Tuesday sued Google for abusing its dominance in online search and advertising — the government’s most significant attempt to protect competition since its groundbreaking case against Microsoft more than 20 years ago. And it could just be an opening...

Sen. Gary Peters, D-Mich., speaks during an event for Democratic presidential candidate former Vice President Joe Biden at Michigan State Fairgrounds in Novi, Mich., Friday, Oct. 16, 2020. (AP Photo/Carolyn Kaster)

Obama boosts Peters' reelection bid in Michigan Senate ad

Oct. 20, 2020 5:34 PM EDT

LANSING, Mich. (AP) — Former President Barack Obama gives a boost to Gary Peters of Michigan in a new ad released Tuesday by the Democratic senator's reelection campaign. The 30-second spot shows Obama lauding his “friend” Peters, who is facing a challenge from Republican John James. Peters...

FILE - In this Sept. 24, 2019, file photo, a woman walks below a Google sign on the campus in Mountain View, Calif. Google is in the crosshairs of U.S. antitrust regulators who accuse it of wrongdoing similar to charges Microsoft faced 22 years ago, when Google was starting out in a Silicon Valley garage. How Google grew from its idealistic roots into what regulators describe as a cutthroat behemoth is a story shaped by unbridled ambition, savvy decision making, technology’s networking effects, lax regulatory oversight and the pressure to pump up profits. (AP Photo/Jeff Chiu, File)

How Google evolved from 'cuddly' startup to antitrust target

Oct. 20, 2020 5:21 PM EDT

SAN RAMON, Calif. (AP) — In Google's infancy, co-founders Larry Page and Sergey Brin reviled Microsoft as a technological bully that ruthlessly abused its dominance of the personal computer software market to choke off competition that could spawn better products. Their disdain for Microsoft spurred Google...

FILE - In this Feb. 4, 2014, file photo, Connecticut head coach Geno Auriemma shares a light moment with his bench with associate head basketball coach Chris Dailey, left, and assistant coaches Shea Ralph, second from right, and Marisa Moseley during the second half of UConn's 102-41 victory over SMU in an NCAA college basketball game in Storrs, Conn. The University of Connecticut has agreed to pay a total of just under $250,000 to seven women, including four members of Geno Auriemma's 2014 women's basketball coaching staff, after the U.S. Labor Department found they had been underpaid when compared with men in similar positions.  (AP Photo/Fred Beckham, File)

Labor Dept: Women basketball coaches at UConn were underpaid

Oct. 20, 2020 2:30 PM EDT

STORRS, Conn. (AP) — The University of Connecticut has agreed to pay a total of just under $250,000 to seven women, including four members of Geno Auriemma's 2014 women's basketball coaching staff, after the U.S. Labor Department found they had been underpaid when compared with men in similar positions. A...

Regulators report 12,180-gallon oil spill near Watford City

Oct. 20, 2020 2:01 PM EDT

WATFORD CITY, N.D. (AP) — North Dakota regulators say an equipment failure at a well near Watford City led to the release of about 12,180 gallons of oil. The state’s Oil and Gas Division said it was notified of the spill on Sunday at the Newfield Production Co. well located about 5 miles west of...

Indonesians take to the streets to protest new labor law

Oct. 20, 2020 7:14 AM EDT

JAKARTA, Indonesia (AP) — Protests against Indonesia's new jobs law were held in cities across the country on Tuesday, with demonstrators calling on the president to revoke the legislation they say will erode labor rights and weaken environmental protections. More than 1,000 students and workers gathered...