lawmakers push to allow Wells Fargo victims to sue in court
U.S. Sen. Sherrod Brown and Rep. Brad Sherman introduced the Justice for Victims of Fraud Act to let Wells Fargo customers pursue court claims over unauthorized accounts. The bill seeks to override arbitration clauses that forced disputes into private arbitration, despite millions of unapproved accounts.
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Wells Fargo & Co
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Sherrod Brown
Cleveland
Brad Sherman
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Wells Fargo
Sherman
Los Angeles
Mike Feuer
Consumer Financial Protection Bureau
Office of the Comptroller of the Currency
Brown and
Consumers Union
California Reinvestment Coalition
NAACP
Congress
House
Senate
Utah
Jennifer Greeson Dunn
Times
Vince Chhabria
Brown
FCC questions AT&T and Verizon zero rating practices
The FCC sent letters to AT&T Verizon criticizing their zero rating of owned video apps on mobile data, arguing it harms competition and could raise prices for rivals like Hulu Netflix and DirecTV Now. The agency notes AT&T’s response does not ease concerns and cites potential monthly costs for providers to compete.
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New York
U.S
At&t
Verizon
Donald Trump
Federal Communications Commission
Netflix
FCC
Directv Now
Jon Wilkins
Panel urges swift cybersecurity upgrades for nation
The Presidential Commission on Enhancing National Cybersecurity released a 100 page report urging action within two to five years and within 100 days for some measures. It calls for an assistant to the president for cybersecurity and an international ambassador to lead global rules, plus moving security responsibility higher than individual users. The panel also proposes password replacement, training 100,000 new cyber workers by 2020, and a nutrition label for tech products.
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Donald Trump
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Ohio
United States
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City Board OF Health
C.R.C
Automaker seeks affordable autonomous mobility for cities
The executive discusses reducing ride costs by removing drivers through virtual driver systems and camera radar sensing. Ford cites its move toward lighter aluminum, eco initiatives, and mobility partnerships while stressing future profitability and consumer demand.
Airlines wage boom widens pay gap despite profits
U S airlines rode a profit surge after 9 11 with wages up to 81 000 for the average airline worker, a 38 percent lead over private sector jobs. Pilots secured a 30 percent raise over four years as wages rise unevenly across ranks and carriers.
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U.S
Airlines For America
United
Delta
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