Overcharging Batteries Eyed in Boeing 787 Mishaps

(WASHINGTON) — It’s likely that burning lithium ion batteries on two Boeing 787 Dreamliners were caused by overcharging, aviation safety and battery experts said Friday, pointing to developments in the investigation of the Boeing incidents as well as a battery fire in a business jet more than a year ago. An investigator in Japan, where […]

HSBC to Pay $249M to Settle Foreclosure-Abuse Case

(WASHINGTON) — British bank HSBC will pay $249 million to settle federal complaints that its U.S. division wrongfully foreclosed on homeowners who should have been allowed to stay in their homes. The agreement with the Federal Reserve and the Office of the Comptroller of the Currency is similar to deals with 12 other banks that […]

Dish Meddles With Sprint-Softbank Merger

Dish Network has asked the U.S. Federal Communications Commission to pause its review of Softbank’s proposed $20.1 billion acquisition of Sprint while the two companies battle over their bids to buy Clearwire. Dish contended in a filing this week that the FCC’s review of Softbank’s acquisition is “unripe for consideration” since full ownership of Clearwire […]

‘Developer Bob’ and His Illicit Work-Around: What’s Wrong with Outsourcing Your Job to China?

9hngfvnnnnwu4ehne4uj3muj hjukll.;ftgbrdes Consider that last, er, paragraph a failed experiment in outsourcing. Inspired by news accounts of an American software engineer, identified only as Developer Bob, who secretly outsourced his job to China so he could spend his days surfing Reddit and looking at cat videos, I decided to try a clever cat-related labor-saving ploy […]