Top

Category: Regulations


Aerospace & Defense, Industry Focus Areas, Regulations

Boeing Had Too Much Sway in Vetting Own Jets, FAA Was Told

March 18, 2019

Via: Industry Week

FAA employees warned as early as seven years ago that Boeing Co. had too much sway over safety approvals of new aircraft, prompting an investigation by Department of Transportation auditors who confirmed the agency hadn’t done enough to “hold Boeing […]


Regulations

VW, Winterkorn sued by SEC for ‘fraud’ over diesel emissions

March 15, 2019

Via: Automotive News

WASHINGTON — The Securities and Exchange Commission sued Volkswagen Group and its former CEO Martin Winterkorn over the automaker’s diesel-emissions scandal, accusing the company of perpetrating a “massive fraud” on U.S. investors. The SEC said in its civil complaint filed […]


Industry Focus Areas, Medical, Regulations

Aerie wins FDA nod for second glaucoma drug

March 14, 2019

Via: Mass Device

Aerie Pharmaceuticals (NSDQ:AERI) said this week that the FDA approved the company’s once-daily eye drop Rocklatan for the treatment of elevated intraocular pressure in people with open-angle glaucoma or ocular hypertension. The Durham, N.C.-based company’s product is a fixed-dose combination […]


Regulations

China customs lifts suspension on Tesla Model 3 imports

March 14, 2019

Via: Reuters

BEIJING (Reuters) – China’s customs authority has lifted its suspension on imports of Tesla’s Model 3, an official in the authority’s news department told Reuters on Thursday. “We can confirm that the warning notice on Tesla has been canceled,” said […]


Industry Focus Areas, Motorized Vehicle, Regulations

FCA to recall 862,520 vehicles that don’t meet U.S. emissions standards

March 13, 2019

Via: Automotive News

The EPA said Fiat Chrysler Automobiles will recall 862,520 gasoline-powered vehicles in the United States that do not meet U.S. emissions standards. The recall was prompted by in-use emissions investigations conducted by the EPA and testing conducted by FCA as […]


Regulations

Musk hires new lawyer to defend SEC case

March 1, 2019

Via: Automotive News

Elon Musk has turned to former Enron Corp. prosecutor John C. Hueston to fend off the Securities and Exchange Commission’s bid to punish him for allegedly violating a court order that he can’t tweet material information about Tesla Inc. without […]


Regulations

U.S. Steel wins tax breaks from one of America’s poorest cities

February 8, 2019

Via: Reuters

When the firm started losing business to cheap Asian imports in the 1970s, waves of layoffs followed as Gary became a haven of blight, crime and lost population. Last year, the city harbored hopes for a revival after President Donald […]


Energy, Industry Focus Areas, Regulations

New Mexico governor moves to limit methane emissions, combat climate change

January 30, 2019

Via: Reuters

The New Mexico Energy, Minerals and Natural Resources Department and Environment Department were directed to enact methane emission reduction “rules as soon as practicable,” the executive order said. Lujan Grisham, a recently-elected Democrat, campaigned on the promise of tightening environmental […]


Regulations

China’s industry ministry says Huawei indictments are ‘unfair, immoral’

January 29, 2019

Via: Reuters

BEIJING (Reuters) – The U.S. government’s indictments against Huawei Technologies Co Ltd are unfair and immoral, a spokesman for China’s industry and information technology ministry said on Tuesday. The U.S. Justice Department charged Huawei and its chief financial officer, Meng […]


Regulations

GE Didn’t Deliver on Jobs. Now, France Wants Up to $60 Million

January 15, 2019

Via: Industry Week

Four years ago, General Electric Co. (IW 500/6) made a commitment to win France’s approval to buy Alstom SA’s energy business: It would create jobs or pay a hefty fine. The Boston-based company pledged it would add 1,000 positions in […]