Business

Friday’s business headlines

INDIANAPOLIS (WISH) – Here’s a look at Friday’s business headlines.

Amazon

An European Union privacy regulator has proposed a fine of more than $425 million against Amazon.

The Wall Street Journal reports the fine would be linked to Amazon’s collection and use of personal data.

An Amazon spokesman declined to comment. The company has previously said the privacy of its customers is a priority and it complies with the law in all countries where it operates.

UPS

United Parcel Service is exploring a same-day delivery option.

The CEO said the company is testing the concept and didn’t offer other details. A UPS spokesman said the company doesn’t comment on its pilot program. The idea comes as the acceleration of e-commerce has pushed retailers to add more curbside and same-day delivery options.

TSA

The TSA is now consistently screening 1.5 million airline passengers a day now.

In fact, things are getting so busy the agency is asking for volunteers to help this summer.

As many as 131 of the country’s largest airports will reportedly experience labor shortages in June.

Tornado

Tornado season runs from April to June homes in affected areas need to protect against high winds and hail damage.

Standard homeowners insurance covers damage from wind and hail but doesn’t cover high winds.

Windstorm insurance cover high winds and it’s available as an add-on rider to your homeowners insurance.

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