Business

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A record number of Americans are expected to travel by car this Memorial Day weekend, and airports could be busier than they’ve been since 2005, according to a forecast released Monday by AAA. The auto club anticipates 43.8 million people will travel 50 miles or more from home over the holiday weekend, surpassing pre-pandemic levels.…

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Prime Minister Srettha Thavisin wants to upgrade Hua Hin airport, to accommodate more and international flights, and to change its name to “Petch Hua Hin”. During his inspection trip to…

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The top Democrat on the House Financial Services Committee criticized an independent investigation of sexual harassment and misconduct at the Federal Deposit Insurance Corp. (FDIC), stating that it unfairly targets the agency’s current Democratic leader without focusing enough on his Republican predecessors. In a Thursday statement, Rep. Maxine Waters (D-Calif.) acknowledged the cultural issues at the FDIC,…

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Credit card and airline rewards are very popular among Americans, but Biden administration officials are concerned that aggressive marketing practices and the dominance of large players in the industry may be harming competition and consumers. The Consumer Financial Protection Bureau (CFPB) and the Department of Transportation questioned industry executives and consumer advocates during a joint hearing Thursday…

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A previous quality inspector at Boeing’s main parts maker said on Wednesday that he felt forced to conceal flaws discovered in airline parts, increasing the focus on the company’s quality management for its 737 planes. Santiago Paredes spent more than ten years inspecting parts at Spirit Aerosystems, Boeing’s primary parts producer. He shared with CBS News and the BBC that…