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American Airlines will pay a hefty price for what the Department of Transportation claims are “numerous serious violations of the laws” protecting passengers with disabilities.

The DOT hit the carrier with a fine of $50 million for the violations after an investigation into passenger complaints reported between 2019 and 2023, in which the transportation agency claimed American mishandled “thousands of wheelchairs by damaging them or delaying their return.”

The penalty represents 6% of the airline’s earnings last year, and is 25 times larger than the previous record fine against an airline for disability violations.

“The era of tolerating poor treatment of airline passengers with disabilities is over,” said Transportation Secretary Pete Buttigieg.

Photo by Justin Sullivan/Getty Images

Tesla reported its first year-over-year bottom line growth of 2024 in its robust third-quarter earnings, sending shares up more than 7% in limited trading. The electric vehicle giant ended a streak of four consecutive quarters of year-over-year profit declines, and noted it expects “slight growth” in vehicle deliveries this year.

MORE: Tesla CEO Elon Musk confirmed that the electric vehicle maker is not planning to release a $25,000 EV model, appearing to reverse comments he made six months ago when he denied a news report that said Tesla had canceled the so-called Model 2 program.

Boeing’s striking factory workers voted to reject the company’s latest contract offer on Wednesday night, a major blow to the plane maker, which reported a $6 billion quarterly loss earlier in the day. Jon Holden, local president of the International Association of Machinists and Aerospace Workers union, said negotiators will attempt to push Boeing more on issues including a 40% wage increase and the reinstatement of a pension plan, according to the Seattle Times.

AP Photo/Tony Avelar, File

Regulators ordered Apple and Goldman Sachs to pay more than $89 million in fines and refunds over failures stemming from the companies’ Apple Card partnership, and temporarily blocked Goldman from issuing new credit cards. According to the Consumer Financial Protection Bureau, Apple failed........

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