Facebook to create privacy panel, pay $5 billion to US to settle allegations

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Facebook to create privacy panel, pay $5 billion to US to settle allegations

WASHINGTON (Reuters) – The Federal Trade Commission is set to announce on Wednesday that Facebook Inc (FB.O) has agreed to a sweeping settlement of significant allegations it mishandled user privacy and pay $5 billion, two people briefed on the …
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Coca-Cola leaves Plastics Industry Association as it aims to reduce its consumption of plastic

‘We withdrew earlier this year as a result of positions the organization was taking that were not fully consistent with our commitments and goals,’ a Coca-Cola spokeswoman said. KENZO TRIBOUILLARD/AFP/GettyImages. By …
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The Mysterious Chinese-State Oil Trader Sanctioned by the US

She declined to comment when reached by Bloomberg on Tuesday. The company's website appears not to work. Nobody answered calls to the main
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BA loses legal action against pilot strikes

British Airways has lost its legal attempt to block planned strikes by pilots, which could take place next month and disrupt the travel plans of hundreds of thousands of passengers. The pilots union, Balpa, can now call strike dates with two weeks’ notice.
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UK Oil Tankers Flee Persian Gulf as Tensions Rise Over Hormuz

… tankers — sailing under the flag of the United Kingdom, the Isle of Man, or Gibraltar, according to tanker tracking data compiled by Bloomberg.
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