Government And Institutions

FAA approves database to help weed out bad pilots

According to the FAA, the database will keep a record of a pilot's employment history, training, qualifications and drug and alcohol records. It will also include FAA summaries of unsatisfactory pilot applications for new certificates or ratings. Air carriers will be required to review the information when considering a pilot for employment.

Colonial Pipeline hack prompts DHS to issue new cybersecurity regulations

"The Biden Administration is taking further action to better secure our nation’s critical infrastructure," a DHS spokesperson told FOX Business. "TSA, in close collaboration with CISA, is coordinating with companies in the pipeline sector to ensure they are taking all necessary steps to increase their resilience to cyber threats and secure their systems."

US proposes 15% minimum tax on global corporate profits

The U.S. Treasury Department said Thursday that it supports a global minimum corporate tax rate of at least 15% — below the 21% minimum it has been seeking to impose on the foreign profits of U.S.-based companies.

New problem for Boeing as FAA orders 737 Classic inspections

The Federal Aviation Administration (FAA) said on Friday it was requiring U.S. operators of 143 Boeing Co 737 Classic series airplanes to check for possible wire failures stemming from an investigation into an Indonesia crash in January.

SEC’s Gensler hunts for companies not ESG woke enough

FOX Business has learned that the Securities and Exchange Commission is launching a series of inquiries into whether corporations make proper disclosures involving so-called Environment, Social, Governance issues, known by the short-hand ESG.

Free offices with a view: 4 lighthouses, courtesy of feds

The General Services Administration says the U.S. Coast Guard has decided it no longer needs four of the nation's most picturesque lighthouses, and it's inviting certain types of organizations to take them over at no cost.