Done Global executives were arrested for orchestrating a $100 million scheme to illegally distribute over 40 million Adderall pills and other addictive drugs.
Legal & Regulatory
Meta Halts EU AI Model Rollout Amid Privacy Concerns, Regulatory Pressure
Meta Platforms has postponed the European launch of its AI models after the Irish privacy regulator advised against using data from Facebook and Instagram users.
Novo Nordisk CEO to Testify Before Senate After Sanders' Subpoena Threat Over Drug Pricing
Novo Nordisk CEO Lars Fruergaard Jørgensen will testify before the Senate following Sen. Bernie Sanders' threat to subpoena the company over the pricing of diabetes drug Ozempic and obesity drug Wegovy.
Boeing Admits Fake Documentation for Titanium Parts, FAA Begins Inquiry
The FAA has opened an investigation into Boeing over concerns that counterfeit titanium, verified with fake documentation, may have been installed in some of their planes, potentially affecting structural integrity.
Boeing and Airbus Allegedly Used 'Counterfeit' Titanium, FAA Investigation Reveals
Boeing and Airbus are under FAA investigation over allegations of using counterfeit titanium that risks the safety and integrity of critical components.
Latest News
Neuroelectrics seeks FDA approval for its noninvasive head cap that uses mild electrical currents to treat brain diseases, potentially transforming care for epilepsy, depression, and Alzheimer’s.
Tyson Foods has suspended its Chief Financial Officer, John R. Tyson, following his arrest on charges including intoxicated driving.
Emirates has been fined $1.8 million by the US for conducting flights over restricted regions, while JetBlue Airways was permitted to sell seats on these flights under a code-sharing agreement, sparking scrutiny and regulatory review.
The Norwegian Consumer Council has filed a complaint against Meta over its plans to use the images and posts of users on Facebook and Instagram to train artificial intelligence (AI) models.
Waymo recalled 672 autonomous cars after one hit into a utility pole in Phoenix, Arizona. A Waymo autonomous self-driving Jaguar electric vehicle sits parked at an EVgo charging station in Los Angeles, California, on May 15, 2024.
California lawmakers rejected Governor Newsom's request to allocate an additional $400 million for PG&E in the state budget, continuing a political standoff.
A federal judge in Brooklyn indicated that she will likely reject the $30 billion settlement between Visa, Mastercard, and retailers aimed at capping credit card swipe fees.
An audit revealed that the FDA took over 15 months to act on a whistleblower complaint about conditions at an Abbott Nutrition factory.
The United States (US) has returned $156 million to Malaysia, which was recovered from assets seized in investigations into a global corruption scheme involving the 1Malaysia Development Berhad (1MDB) state fund.
