Federal Reserve Vice Chairman for Supervision Randal Quarles told a banking conference the Fed should consider easing rules for some US banks with more than $250 billion in assets rather than lumping them in with global systemically important banks. "We have a unique opportunity to further tailor our supervision and regulation framework for large banks," Quarles said.
Four former Delta Air Lines employees who worked in the Seattle-Tacoma International Airport have filed a lawsuit against Delta, claiming they were fired in May 2017 for speaking Korean at work. The four say other workers who spoke non-English languages were not punished.
Media specialist Erick Hanson created a media club in his library to help students learn how to create -- and not just consume -- content. The club, run by students and funded by grants they secured, has taught them the challenges of creating a compelling narrative and how to transition an idea if it fails, among other lessons.
A bipartisan group of 150 lawmakers, officials of several foreign governments and a trade group representing major automakers criticized President Donald Trump's proposal to impose a levy of as much as 25% on imported cars and automotive parts. US Commerce Secretary Wilbur Ross said it is too early to say whether Trump's proposal will be put into effect.
Taco Bell has begun hosting hiring parties to recruit employees in a tight labor market and fulfill its goal of adding 100,000 staffers by 2022. Applicants play games, get free food, participate in on-site interviews and have the opportunity to win gift cards as signing bonuses.
Value-based care models could reduce health care costs, industry experts told a Senate Health, Education, Labor and Pensions Committee hearing. David Lansky of the Pacific Business Group on Health said value-based models have had positive results but employers are worried the industry has been slow to make the transition and, faced with mixed incentives, will stay with a traditional fee-for-service model.
Budweiser won the World Cup on Twitter, with 637,925 mentions throughout the tournament, with Adidas, Coca-Cola, Nike and Apple rounding out the five most-mentioned brands globally. Budweiser's campaign, "Light Up the World Cup," included a Man of the Match Twitter voting tool, a Snapchat Lens activated by noise and GIPHY stickers for Instagram and messaging platforms.
Costco's decision to stop serving Polish hot dogs at its food courts in favor of healthier menu items has drawn opposition, and two online petitions to bring the dogs back have garnered about 25,000 signatures. Costco kept its best-selling regular hot dog on the menu, and rival Sam's Club recently brought back its Polish hot dog nationwide.
The personal information of more than 6,460 US military and security personnel was put at risk by fitness app Polar, per De Correspondent and Bellingcat. Names, activities and locations of personnel were easily accessible until recently, giving hackers access to activity maps that showed where users worked and lived.
Novartis officials say they are freezing any increases in drug prices this year, making the announcement a week after Pfizer agreed to freeze prices. Company officials said they will work with governments and stakeholders in developing and giving access to medications.
Rep. Mike Coffman, R-Colo., is vocalizing his support for a resolution under the Congressional Review Act that would undo the repeal of net neutrality regulations, becoming the first Republican to back the measure. Coffman says that while he would prefer a legislative solution, "the CRA is better than nothing."
What caused the collapse of the Space Building, a 27-story reinforced concrete framed building in Medellín, Colombia? Find out in a new paper in ASCE's Journal of Performance of Constructed Facilities. Read the case study free for a limited time from the ASCE Library.
Airbus has missed delivery deadlines, which has hurt its cash flow while upsetting relationships with customers. Meanwhile, supplier delays and increased demand are keeping Boeing on alert, though it says it will not miss deadlines.
A history-minded Brooklyn design and development group blended tradition with contemporary flair in its refurbishment of the 12-room Brentwood Hotel across the road from the Saratoga Race Course in New York. "This one clearly wasn't architecturally significant, in the sense that it was a run-down motel, but its proximity to the country's oldest sporting venue, Saratoga Race Course, seemed irreplaceable," Studio Tack partner Jou-Yie Chou said.