Businessman pleads guilty in Houston court in PDVSA bribery case

A Miami man pleaded guilty in a federal court in Houston on Wednesday for his role in a foreign bribery scheme involving Venezuelan state-owned oil company PDSVA and its Houston-based subsidiary Citgo Petroleum, the U.S. Department of Justice announced Wednesday afternoon.

Jose Manuel Gonzalez Testino, 48, a dual citizen of the U.S. and Venezuela, pleaded guilty to one count of conspiracy to violate the Foreign Corrupt Practices Act, one count of violating the Foreign Corrupt Practices Act and one count of failing to report foreign bank accounts, according to the Justice Department. read more »

Kansas doctor to pay near $6M settlement for false billings

Federal prosecutors say a Wichita cardiologist has agreed to pay $5.8 million to settle claims that he and his medical group improperly billed federal health care programs for medically unnecessary cardiac stent procedures.

The Justice Department said in a news release Thursday that Joseph Galichia and his medical group, Galichia Medical Group, also agreed to be banned for three years from participation in any federal health care program, such as Medicaid and Medicare. read more »

Boeing admits it 'fell short' on safety alert for 737

Boeing has admitted it "fell short" when it failed to implement a safety alert system on the 737 Max.

The aircraft was grounded globally in March after two crashes within months.

Boeing boss Dennis Muilenburg said a mistake had been made in the software for a cockpit warning light called an "angle-of-attack (AOA) disagree alert".

He said: "We clearly fell short and the implementation of this angle-of-attack disagree alert was a mistake, right, we did not implement it properly." read more »