Safety experts said the East Palestine derailment might not have happened had Norfolk Southern placed sensors closer together. The federal government doesn’t require or regulate their use.
Category: Regulation and Deregulation of Industry
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Rail Heat Sensors, Under Scrutiny in Ohio Crash, Face Few Regulations
The New York Times – Business: -
Regulators Put More Pressure on Binance, the Crypto Giant
The New York Times – Business:Binance, the world’s biggest cryptocurrency exchange, faces a fresh wave of scrutiny from regulators and lawmakers.
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You’re Now a ‘Manager.’ Forget About Overtime Pay.
The New York Times – Business:New evidence shows that many employers are mislabeling rank-and-file workers as managers to avoid paying them overtime.
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As A.I. Booms, Lawmakers Struggle to Understand the Technology
The New York Times – Business:Tech innovations are again racing ahead of Washington’s ability to regulate them, lawmakers and A.I. experts said.
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After Ohio Train Derailment, Senators Propose Rail Safety Bill
The New York Times – Business:Weeks after a train carrying hazardous materials derailed outside East Palestine, Ohio, a bipartisan group of lawmakers has proposed that the Transportation Department impose stricter rules.
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Senator Elizabeth Warren Criticizes Medigap Sales Incentives in New Report
The New York Times – Business:Senator Elizabeth Warren has issued a report urging oversight of insurance brokers who are being offered financial incentives to push more expensive plans.
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Biden Nominates Julie Su as U.S. Labor Secretary
The New York Times – Business:President Biden’s choice to lead the Labor Department is the deputy to the incumbent, Martin J. Walsh, who is leaving the administration.
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Lawmakers Propose Legislation to Tighten Rail Safety Regulations
The New York Times – Business:The train that derailed in Ohio was exempt from some federal safety requirements because it was not carrying enough hazardous material to be considered “high hazard.” Lawmakers want to lower the threshold.
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Supreme Court to Take Up Case on Fate of Consumer Watchdog
The New York Times – Business:A decision against the bureau could cast doubt on every rule and enforcement action the Consumer Financial Protection Bureau has taken.
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JetBlue and Spirit Unions Split on Airlines’ Merger
The New York Times – Travel:Flight attendant unions at the two carriers are pushing in opposite directions as federal officials decide whether and on what terms to allow the deal.
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Labor Board Curbs Gag Rules in Severance Agreements
The New York Times – Business:The National Labor Relations Board said severance pacts requiring confidentiality and nondisparagement violated a law on collective worker activity.
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Big Soda’s Alcohol Drinks Worry Health Experts
The New York Times – Business:PepsiCo and Coca-Cola enter hard soda markets, causing concerns among regulators and researchers.