-
In an executive cease and desist order, the Trump administration is cutting off taxpayer dollars that fund “critical race theory” and “white privilege” training of federal employees. In an executive cease and desist order, the Trump administration is cutting off taxpayer dollars that fund “critical race theory” and “white privilege” training of federal employees that …
-
The Federal Trade Commission questioned Facebook CEO Mark Zuckerberg this week as part of its antitrust investigation into the social-media titan, reports say. Zuckerberg testified remotely over two days during an FTC investigative hearing, Politico reported Thursday. The agency could reportedly use his under-oath testimony to build a case against Facebook’s potential anti-competitive practices. “We …
-
John Melendez, who became known as Stuttering John as a longtime sidekick to radio and television host Howard Stern, has sued SiriusXM for using his name, likeness and voice without permission on channels dedicated to Stern. Melendez, who left Stern’s radio show after more than 15 years in 2004 and became the announcer for NBC’s …
-
A federal judge on Monday blocked the Trump administration from enforcing a new rule that would have rolled back Obama-era sex discrimination protections for transgender people in health care. The rule, finalized in mid-June, was set to go into effect on Tuesday. The United States District Court in Brooklyn issued an injunction temporarily blocking the …
-
Americans likely won’t have to pay for a coronavirus vaccine once researchers have one ready, according to reports. The US government plans to pick up the tab for the hundreds of millions of vaccine doses that pharmaceutical firms are racing to produce, the Wall Street Journal reported. The feds are also reportedly talking with insurance …
-
American Airlines is planning to drop flights to up to 30 smaller US cities if a federal requirement to continue those flights expires at the end of next month, an airline official familiar with the matter said Thursday. American agreed to keep serving those smaller cities as a condition of receiving $5.8 billion in federal …
-
Kodak’s stock price plummeted early Monday after the Trump administration slammed the brakes on a loan deal to help the company launch a pharmaceuticals business. Shares in the former photography giant tumbled 38.2 percent to $9.20 by 7:50 a.m. after the US International Development Finance Corporation put the $765 million loan on ice amid probes …
-
The Securities and Exchange Commission is probing Kodak’s handling of material information about the startup pharmaceutical business it’s launching with the help of Uncle Sam. According to the Wall Street Journal, the regulator is examining whether Kodak jumped the gun on a July 28 announcement that it had received a $765 million federal loan to …
-
Twitter revealed this week that it expects to pay as much as $250 million in fines over allegations that it improperly used customers’ private data to target ads. The San Francisco-based company said Monday that it received a draft complaint from the Federal Trade Commission on July 28 that accused it of using users’ email …
-
Locking the country down “really hard” for a period of several weeks could save the economy from long-term pain, the president of the Minneapolis Federal Reserve Bank said Sunday. In an interview with CBS’ “Face the Nation,” Neel Kashkari said that the only way to have “a real robust economic recovery” is to quash the …