Elizabeth Warren applauds FTC’s 'sandwich shop monopoly' probe of Subway acquisition
Sen. Elizabeth Warren praised the Federal Trade Commission's antitrust probe of Subway's sale to Roark Capital over concerns it could create a sandwich shop monopoly.
Nvidia revenue soars due to AI, but stock dips on trade restrictions
Nvidia announced major jumps in revenue and net income in its latest earnings report amid the artificial intelligence boom, but the impact of export controls could hit certain markets.
GOP hopeful Vivek Ramaswamy outlines crypto plan
Vivek Ramaswamy, a candidate for the 2024 Republican presidential nomination, provided an outline of his "Three Freedoms of Crypto" framework Thursday.
GM to halt production of Cruise driverless van
Detroit-based General Motors said it plans to temporarily halt production of its fully autonomous Cruise Origin van, days after the unit said it was pausing all driverless operations.
Internal emails show SEC coordinated climate disclosure rules with AI firm set to financially benefit
EXCLUSIVE: Newly-uncovered information and internal communications show a firm that makes software to report climate data was involved in crafting relevant federal regulations.
JPMorgan's Jamie Dimon warns business-friendly Texas over laws aimed at Wall Street firms
JPMorgan Chase CEO Jamie Dimon warned Texas it risks damaging its business-friendly image with laws aimed at punishing major Wall Street firms.
Biden admin abruptly delays major oil and gas lease sale mandated under Inflation Reduction Act
The Biden administration suddenly announced it would postpone a major oil and gas lease sale that it previously tried to cancel, but which the Inflation Reduction Act mandates.
Senate confirms first permanent FAA administrator in more than a year
The Senate confirmed Michael Whitaker as the new FAA administrator on Tuesday after the agency went more than 18 months without a Senate-confirmed leader.
Federal regulations cost small manufacturers $50K per employee
A report by the National Association of Manufacturers found that the annual regulatory cost per employee for manufacturers is more than double the economy-wide average.
Biden admin's new rule could put pinch on lobster fishermen while letting others off the hook: critics
New England lobstermen are pushing back against new federal rules that expand restricted waters which could cut their business by at least 25%.
Microsoft completes $69B Activision Blizzard acquisition
Microsoft completed its $69 billion acquisition of Activision Blizzard after clearing a series of regulators’ hurdles since the deal was first announced in January 2022.
GOP state AGs hit Biden Treasury 'net-zero financing' memo as backdoor regulation by 'green cabal'
Republican state AGs say Biden Treasury Dept. net-zero "principles" for private sector financing are “compulsion of the green cabal" that "fly in the face" of legal scrutiny.
Where do the GOP presidential candidates stand on energy policies?
Republican presidential hopefuls are set to square off in Simi Valley, California, on Wednesday against the backdrop of high energy prices that are hurting consumers.
Biden admin warns lenders there is ‘no special exemption’ for AI when denying credit
The Biden administration is warning lenders that they need to give specific reasons for taking negative action against borrowers, and cannot rely on artificial intelligence.
Intuit fires back at FTC judge who said company used 'deceptive advertising' for TurboTax
A Federal Trade Commission judge ruled against Intuit on Friday, finding the company engaged in deceptive advertising by offering customers "free" tax preparation with TurboTax.
Amazon, Apple, Microsoft, other big tech firms designated ‘gatekeepers’ by EU
Gatekeepers will be required to make their messaging apps interoperate with competitors, allowing users to decide which apps to pre-install on their devices.
Embracing AI means we must mitigate risk to firms, industries, consumers and society
Artificial intelligence is becoming increasingly common in America and around the world. But embracing AI means we must mitigate risk to firms, industries, consumers and society.
Labor Day 2023: Here's a principled way for workers 'to make their own choices'
For Labor Day 2023, here's a principled plan for workers 'to make their own choices.' It will help create an era of strong families, stable jobs and soaring incomes.
Regulators propose changes to ‘living wills’ and debt rules for big banks in wake of crisis
Federal financial regulators proposed new rules for large banks that aren't classified as systemically important related to their long-term debt holdings and their "living wills."
Rise of AI tools and lack of rules a ‘ticking time bomb’ for communications crises
Artificial intelligence tools are being deployed more widely in a variety of contexts, bringing both benefits and potential public relations risks at times when AI goes awry.