Category: faults
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US Senate committee faults Boeing safety practices, FAA oversight By Reuters
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By David Shepardson WASHINGTON (Reuters) – A U.S. Senate panel investigating Boeing Co’s safety culture on Wednesday criticized the planemaker’s quality practices and Federal Aviation Administration oversight, citing documents obtained in an ongoing probe. The Senate Permanent Subcommittee on Investigations, which is holding a hearing Wednesday with FAA Administrator Mike…
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UK Payment Regulator Faults Visa and Mastercard for Fee Hikes
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The UK’s payments regulator has raised concerns about sharp increases in fees charged by Visa and MasterCard to retailers, highlighting a lack of competitiveness in the payment card market, Reuters reported. Despite the significant increase in fees, there is little evidence that these costs have led to improved services. Consequently,…
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UK Payment Regulator Faults Visa and Mastercard for Fee Hikes
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The UK’s payments regulator has raised concerns about sharp increases in fees charged by Visa and MasterCard to retailers, highlighting a lack of competitiveness in the payment card market, Reuters reported. Despite the significant increase in fees, there is little evidence that these costs have led to improved services. Consequently,…