
Hancock Whitney Bank and FHLB Dallas Award $253K in Relief Funding to Rebuilding Together New Orleans
NEW ORLEANS--(BUSINESS WIRE)--Jun 9, 2023--
2023-06-10 06:53

China Gloom Fuels One of Worst Weeks of Year in Global Credit
Corporate bonds globally are on track for one of their worst weeks this year, hit by China’s escalating
2023-08-18 13:57

Biden hopes Su's role in dockworker deal can sway Democratic holdouts to confirm her as labor chief
The White House is hoping that Julie Su’s role in brokering a deal between West Coast dockworkers and shippers will provide fresh momentum for the Senate to act on her long-stalled nomination to be labor secretary
2023-06-16 05:47

Veteran Finance and Tech Executive with Track Record of Driving Transformational Change Joins Offerpad
CHANDLER, Ariz.--(BUSINESS WIRE)--Jul 6, 2023--
2023-07-06 18:48

Lee® Launches Its First Unisex Apparel Collaboration with Global Streetwear Brand, ROARINGWILD®
GREENSBORO, N.C.--(BUSINESS WIRE)--Sep 26, 2023--
2023-09-26 20:15

As cell-cultivated meat hits menus, investors see scaling as next hurdle
By Leah Douglas WASHINGTON Cell-cultivated meat companies could receive new investment since U.S. regulators cleared the product's sale
2023-07-20 18:24

BYD’s Growth Slows as China’s Auto Price War Takes a Toll
BYD Co. reported its weakest revenue growth in more than a year in a potential sign of the
2023-08-29 11:16

Chevron, Repsol Poised to Capitalize on Venezuelan Oil Opening
Venezuela has an opportunity to resuscitate the linchpin of its economy — oil — now that punishing US
2023-10-21 20:54

Amazon staff spied on women in bedrooms and bathrooms through Ring cameras, US officials say
An employee used Amazon’s Ring cameras to spy on female users in their bedrooms and bathrooms, according to US officials. Various staff members used the company’s smart home cameras – intended to allow people to watch their own homes when they are away – to watch people without their knowledge, according to the US Federal Trade Commission. Amazon settled for $5.8 million in this case, which said that one employee had watched 81 female customers and Ring employees through their cameras. The company has been hit by two substantial fines over violating users’ privacy. The other accused of breaching childrens’ rights by failing to delete Alexa recordings, even when requested by their parents, leading to a separate $25 million fine. The FTC is also probing Amazon.com’s $1.7 billion deal to buy iRobot Corp, which was announced in August 2022 in Amazon’s latest push into smart home devices, and has a separate antitrust probe underway into Amazon. Amazon, which purchased Ring in April 2018, pledged to make some changes in its practices. “While we disagree with the FTC’s claims regarding both Alexa and Ring, and deny violating the law, these settlements put these matters behind us,” Amazon.com said in a statement. The FTC said Ring gave employees unrestricted access to customers’ sensitive video data: “As a result of this dangerously overbroad access and lax attitude toward privacy and security, employees and third-party contractors were able to view, download, and transfer customers’ sensitive video data.” In one instance in 2017, an employee of Ring viewed videos made by at least 81 female customers and Ring employees using Ring products. “Undetected by Ring, the employee continued spying for months,” the FTC said. A colleague noticed the misconduct and the employee was eventually terminated, the FTC complaint said. In May 2018, an employee gave information about a customer’s recordings to the person’s ex-husband without consent, the complaint said. In another instance, an employee was found to have given Ring devices to people and then watched their videos without their knowledge, the FTC said. As part of the FTC agreement with Ring, which expires after 20 years, Ring is required to disclose to customers how much access to their data the company and its contractors have. In February 2019, Ring changed its policies so that most Ring employees or contractors could only access a customer’s private video with that person’s consent. FTC Commissioner Alvaro Bedoya told Reuters the settlements should send a message to tech companies that their need to collect data was not an excuse to break the law. “This is a very clear signal to them,” he said. The fines, totaling $30.8 million, represent a fraction of Amazon’s $3.2 billion first-quarter profit. In its complaint against Amazon.com filed in Washington state, the FTC said that it violated rules protecting children’s privacy and rules against deceiving consumers who used Alexa. For example, the FTC complaint says that Amazon told users it would delete voice transcripts and location information upon request, but then failed to do so. “The unlawfully retained voice recordings provided Amazon with a valuable database for training the Alexa algorithm to understand children, benefiting its bottom line at the expense of children’s privacy,” the FTC said. Additional reporting by agencies Read More Twitter’s head of trust and safety resigns from Elon Musk’s platform Mark Zuckerberg reveals new VR headset ahead of Apple AI chatbot taken down after it gives ‘harmful advice’ on eating disorders Twitter’s head of trust and safety resigns from Elon Musk’s platform Mark Zuckerberg reveals new VR headset ahead of Apple AI chatbot taken down after it gives ‘harmful advice’ on eating disorders
2023-06-02 14:15

Apple Offers Exit Ramp to Goldman for Troubled Card Accord
Goldman Sachs Group Inc., which has been trying to jettison its struggling credit card business, now has a
2023-11-29 08:59

Algoma Central Corporation fuels domestic product tanker business with $127-million newbuild investment in partnership with Irving Oil
ST. CATHARINES, Ontario--(BUSINESS WIRE)--Jun 19, 2023--
2023-06-19 19:22

Pantene’s Next Healthy Hair Ambassador is Here: Introducing Dara Reneé!
CINCINNATI--(BUSINESS WIRE)--Oct 23, 2023--
2023-10-23 21:55
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