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Recent Editions
Risk Channel
North America
The U.S. Supreme Court ruled 8-1 in favor of the Federal Communications Commission (FCC), affirming its system for imposing fines on wireless carriers AT&T and Verizon. The ruling addressed whether the FCC's internal proceedings violated the companies' constitutional right to a jury trial. The FCC had fined AT&T $57m and Verizon nearly $47m for unlawfully selling customer location data without consent. The court's decision supports the FCC's authority to assess penalties, with Justice Department lawyers arguing that companies can challenge these assessments in court. The ruling follows a split among regional appellate courts regarding the legality of the FCC's procedures.
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Risk Channel
UK/Europe
Norwegian oil companies and labour unions have agreed to a wage deal that prevents strike action. Unions had said nearly 8% of Norwegian offshore oil and gas workers planned to strike if mediation had failed. A general annual pay increase of 42,000 Norwegian crowns ($4,493) was agreed, including offshore compensation and holiday allowance, officials said. "In addition, shift and night supplements will increase by NOK 5 and NOK 8 respectively. Adjustments have also been made to variable supplements, along with some technical changes to the agreements," Offshore Norway said.
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