$90 Million Fine: How Apple And Goldman’s ‘Consumer-Friendly’ Credit Card Move Backfired

Oct 25 2024

Goldman learned a lot of expensive lessons with the Apple Card, which is why they want out of the consumer credit card business. But the Apple Card was a clear money-loser to everyone except Goldman even before it launched. And now they know that offering consumer-friendly features gets you in trouble with the consumer regulator, too.

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American Airlines Saves Life of American Idol Contestant’s Mother In High Stakes Mid-Flight Diversion: ‘My Mom Shouldn’t Be Here’

Oct 25 2024

Season 17 American Idol contestant Dimitrius Graham sang “You’ll Be In My Heart” by Phil Collins when he was eliminated in that show’s Top 10. American Airlines is now in Graham’s heart, after CPR was performed on his mother and the plane’s captain wound up diverting the flight – saving her life.

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Safety Or Politics? Judge Grills DOJ on How DEI Will Drive Choice Of Monitor For Boeing 737 MAX Plea Deal

Oct 25 2024

U.S. District Judge Reed O’Connor has introduced a fresh twist to Boeing’s high-stakes plea deal with the Department of Justice, a resolution set to address the company’s role in two fatal 737 MAX crashes in 2018 and 2019. Central to the judge’s focus is a brief reference to diversity, equity, and inclusion in the DOJ’s plan to appoint an independent compliance monitor.

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‘My Ice Cream’s Too Cold!’ JetBlue Passenger Sues Over ‘Rock Hard’ Treat That Broke Her Tooth

Oct 25 2024

A JetBlue passenger is suing the airline, claiming she suffered severe injuries from a “dangerously cold” ice cream sandwich served during an August 20 flight from New York JFK to Paris. Karla Quinonez of New Jersey alleges in a lawsuit filed on October 22 that the frozen treat was so hard that it fractured one of her teeth..

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Decades Of Government-Fueled Airline Consolidation And Policy Failures: Now They’re Scrambling To Investigate The Wide-Ranging Crisis

Oct 24 2024

The U.S. Departments of Justice and Transportation have launched a wide-ranging probe of consolidation and anti-competitive conduct in air travel. What they will come to learn is that the federal government has fostered consolidation, and has made it nearly impossible to have competition in aviation as a matter of policy for decades.

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