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US FAA hits Boeing 737 MAX production for quality control issues

By David Shepardson WASHINGTON (Reuters) -The Federal Aviation Administration said the agency\'s 737 MAX production audit into Boeing (NYSE:BA) and supplier Spirit AeroSystems (NYSE:SPR) found multiple instances where the companies allegedly failed to comply with manufacturing quality control requirements. The FAA also said it found \"non-compliance issues in Boeing’s manufacturing process control, parts handling and...

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Philip Morris backs women entrepreneurs with $5 million investment

STAMFORD, Conn. - Philip Morris International (NYSE: NYSE:PM) has announced a partnership with the Women\'s Business Development Council (WBDC) to support female economic empowerment in Connecticut. The tobacco giant will invest $5 million over five years in the WBDC\'s Women\'s Economic Empowerment Initiative (WEEI), starting January 2025. The initiative aims to eliminate barriers to women\'s...

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Hacker forum post claims UnitedHealth paid $22 million ransom in bid to recover data

By Raphael Satter WASHINGTON (Reuters) - A post on a hacker forum popular with cybercriminals has claimed UnitedHealth Group (NYSE:UNH) paid $22 million in a bid to recover access to data and systems encrypted by the \"Blackcat\" ransomware gang, according to two researchers. Neither UnitedHealth nor the hackers involved have commented on the alleged ransom...

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