Reuters USA

By David Shepardson WASHINGTON (Reuters) -A group of more than 120 U.S. lawmakers told the Federal Aviation Administration’s (FAA) its computer outage on Wednesday that disrupted 11,000 flights was “completely unacceptable” and demanded the agency explain how it will avoid future incidents. House Transportation Committee Chair Sam Graves and the top Democrat on the panel …

U.S. lawmakers call FAA outage ‘unacceptable,’ demand a fix Read More »

By Marco Aquino LIMA (Reuters) -Peru’s attorney general has launched 11 inquiries to identify those responsible for more than three dozen mostly civilian deaths during some of the country’s most violent social protests in years, her office said on Friday, as some of the president’s top Cabinet members announced their resignation. The ouster of leftist …

Peru’s chief prosecutor launches probes into protest deaths amid Cabinet shakeup Read More »

By Brendan Pierson (Reuters) – The U.S. Supreme Court on Friday agreed to consider reviving two lawsuits accusing pharmacy operators of overbilling government health insurance programs for prescription drugs, a dispute that could have broad implications for whistleblowers and the government’s ability to go after fraud. The key question in both cases is whether companies …

U.S. Supreme Court to weigh key standard in whistleblower fraud cases Read More »

LIMA (Reuters) – Peru’s economy likely grew slightly less than 2.9% last year, a senior central bank official said on Friday, suggesting that the South American country’s economy expanded less than previously forecast, due in part to an explosion of social unrest that began in December. Adrian Armas, head of the bank’s economic studies unit, …

Peru 2022 growth likely hindered by protests, says central bank official Read More »

By Matt Tracy (Reuters) – U.S. fintech companies that lend to consumers with impaired credit scores face a tough year as rising defaults and interest rates limit the companies’ access to cost-effective debt financing. “We expect profitability to be depressed for many firms and funding conditions to remain challenging, as increased funding costs brought on …

Tough road ahead for U.S. fintech lenders as default risk rises Read More »

By Ted Hesson WASHINGTON (Reuters) – The Biden administration will speed up the deportation relief process for immigrants in the United States illegally who witness or experience labor abuses, the U.S. Department of Homeland Security (DHS) said on Friday. The streamlined process, outlined in a new webpage, aims to encourage immigrants to cooperate with law …

Biden to expedite deportation relief for migrants caught up in labor abuses Read More »