Peloton Interactive Inc. said on Wednesday the U.S. consumer safety regulator’s staff intends to recommend the agency that civil monetary penalties should be imposed on the fitness equipment maker over its recall of treadmills last year. The fitness equipment maker, …
NEW YORK (AP) — Walmart filed a motion on Monday to dismiss a Federal Trade Commission lawsuit that accuses the nation’s largest retailer of allowing its money-transfer services to be used by scam artists. The motion calls the FTC’s June …
WASHINGTON — U.S. lawmakers are expected to vote Monday to approve landmark reforms on how the government certifies new airplanes are safe in the wake of two fatal Boeing 737 MAX crashes, according to a summary made public Monday. The …
Boeing Co. has slowed deliveries of its 787 Dreamliner as crews check for a new manufacturing flaw involving gaps in the horizontal stabilizer, the small wing in the aircraft tail. The company also is inspecting newly built Dreamliners for slight …
Bristol-Myers Squibb Co. and Sanofi fought back against an $8 billion lawsuit filed by Hawaii over marketing of their blockbuster blood-thinning drug Plavix, arguing in a counter-suit that the state is trampling on their free-speech rights by demanding unnecessary warning …
In 2015, Congress passed the Federal Civil Penalties Inflation Adjustment Act Improvements Act to advance the effectiveness of civil monetary penalties and to maintain their deterrent effect. The new law directs agencies to adjust their penalties for inflation each year …
Emerson College and Suffolk Construction Co. Inc. will pay $500,000 in civil penalties to settle allegations that they failed to thoroughly test a Boston building for asbestos before converting it into a student dormitory. Attorney General Martha Coakley’s office says …