Duffy blasts Buttigieg over FAA failures, WWII air traffic control system, defends recent layoffs
WASHINGTON, D.C. — Transportation Secretary Sean Duffy criticized his predecessor, Pete Buttigieg, accusing him of failing to address the nation’s air traffic controller shortage and mismanaging the Department of Transportation. “Mayor Pete…
‘Uncle Sugar’: ‘Generous’ Spending During COVID Pandemic Led To Bank Failures, Bill Maher Says
‘Uncle Sugar’: ‘Generous’ Spending During COVID Pandemic Led To Bank Failures, Bill Maher Says Harold Hutchison on March 17, 2023 HBO host Bill Maher said Friday that the inflation stemming from massive…
Pacific Western Bank faced ‘elevated’ withdrawals after bank failures
(Reuters) – Pacific Western Bank, a unit of PacWest Bankcorp, said on Friday it had witnessed ‘elevated’ withdrawals following the collapses of Silicon Valley Bank and Signature Bank, but deposit movements had…
Fed, FDIC officials to testify on recent bank failures before House committee March 29
WASHINGTON (Reuters) – The top regulatory officials for the Federal Reserve and Federal Deposit Insurance Corporation will testify before a House panel on March 29 to discuss the recent failures of Silicon…
Fitch says APAC banks resilient to risks highlighted by U.S. bank failures
(Reuters) – Ratings agency Fitch said on Thursday that direct exposures to Silicon Valley Bank <SIVB.O> and Signature Bank among its portfolio of rated banks in the Asia-Pacific (APAC) region appear limited.…
‘We’ve Got Some Cleanup To Do’: Former FDIC Chair Says There Will ‘Probably’ Be More Bank Failures
‘We’ve Got Some Cleanup To Do’: Former FDIC Chair Says There Will ‘Probably’ Be More Bank Failures Harold Hutchison on March 15, 2023 A former chairman of the Federal Deposit Insurance Corporation…
Abbott Admin Is Taking Over Texas’ Largest School District Due To Repeated Academic Failures
Abbott Admin Is Taking Over Texas’ Largest School District Due To Repeated Academic Failures Reagan Reese on March 15, 2023 Republican Texas Gov. Greg Abbott’s administration is taking over the largest school…
Morgan Stanley, BlackRock funds among those exposed to regional bank failures
By David Randall NEW YORK (Reuters) – Mutual funds managed by Morgan Stanley, Fidelity, and BlackRock appear to be among the most exposed to the collapse of Silicon Valley Bank and Signature…
JENNY BETH MARTIN: House Republicans Are Making It Impossible For Biden To Hide His Border Failures
JENNY BETH MARTIN: House Republicans Are Making It Impossible For Biden To Hide His Border Failures Jenny Beth Martin on February 3, 2023 House Republicans, in the majority for the first time…
Lead set to shine on tight supplies, winter battery failures
By Eric Onstad LONDON (Reuters) – Lead is expected to outperform other metals over the coming months as cold weather is likely to force consumers to replace auto batteries and supplies tighten,…
SHEFFIELD: While Biden Blames Others For His Failures, America’s Economy Continues To Nosedive
SHEFFIELD: While Biden Blames Others For His Failures, America’s Economy Continues To Nosedive Carrie Sheffield on September 2, 2022 It’s official, America’s job market is slowing down, and we have President Joe…
JPMorgan fined $850,000 for alleged swap reporting failures
(Reuters) – JPMorgan Chase & Co will have to pay an $850,000 penalty to the U.S. Commodity Futures Trading Commission (CFTC) for allegedly failing to report certain foreign currency swaps, the regulator…
UK accounting watchdog fines PwC over Galliford Try, Kier audit failures
LONDON – The Financial Reporting Council has fined accounting firm PwC around 5 million pounds ($6.22 million) as part of a package of sanctions following an investigation into audit failures at construction…
UK audit shake-up targets big firms after spate of corporate failures
By Huw Jones LONDON – Britain set out sweeping reforms of big company audits on Tuesday after high-profile collapses at builder Carillion and retailer BHS in recent years hit thousands of jobs…
Analysis-For N.Korea’s missile programme, even failures can be sign of progress
By Josh Smith SEOUL – It is unclear if the apparent failure of a missile launch on Wednesday dealt a lasting blow to North Korea’s plans, but analysts say failures are an…
Joe Biden, White House Begin to Blame All Failures on “Putin Price Hike”
TRENTON, NJ – With gas prices soaring at the pump across New Jersey, you might be wondering why? The same goes with food, energy costs and the rising rate of inflation across…
U.S. FAA finalizes Boeing 777 safety directives after fan blade failures
By David Shepardson WASHINGTON – The Federal Aviation Administration (FAA) said on Wednesday it is finalizing three safety directives for some grounded Boeing 777 planes with Pratt & Whitney 4000 engines that…
Johnson vows changes after lockdown parties report condemns UK leadership failures
By William James, Kylie MacLellan and Elizabeth Piper LONDON -British Prime Minister Boris Johnson faced renewed calls to resign on Monday after a report found that alcohol-fuelled events at his offices and…
Illinois Sen. Dick Durbin Interrupts Testimony On Democrat Failures In Chicago
Samantha Renck on December 15, 2021 Democratic Illinois Sen. Dick Durbin interrupted Heritage Foundation legal fellow Amy Swearer during her opening statement at a recent hearing titled “Combating Gun Trafficking and Reducing…
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