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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Grocery delivery service Instacart is expanding into restaurant takeout, it said in a press release Tuesday. Instacart is partnering with Uber Eats, the restaurant delivery service app, for the new line of business, according to the release. It said in upcoming weeks, its customers “nationwide will be able to use the Instacart app to order…

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FDIC Chair Martin Gruenberg apologized to his staff Tuesday after an investigation by a law firm confirmed a report that sexual misconduct, lewd behavior and retaliatory administrative practices were rampant at the federal banking regulator. “To anyone who experienced sexual harassment or other misconduct at the FDIC, I again want to express how very sorry…

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The online trading platform Robinhood is bracing for a potential lawsuit or administrative order from the Securities and Exchange Commission (SEC) over its cryptocurrency offerings. In a recent regulatory filing, the platform revealed that Robinhood Crypto, its digital currency trading operation, received a “Wells Notice” from the SEC — a formal warning of a pending…

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The Federal Aviation Administration (FAA) is examining the Boeing 787 Dreamliner after the company disclosed potential employee misconduct in relation to essential production tests. According to the FAA, the company notified them voluntarily in April that they may have failed to carry out required inspections…