FTC sues largest Christian university in US for deceptive advertising
Biden's Federal Trade Commission on Friday filed a lawsuit against Grand Canyon University, alleging the school used deceptive advertising and illegal telemarketing practices.
SEC holds calls with spot bitcoin ETF hopefuls as possible approval nears
News of the calls has fueled speculation among some industry participants that the agency could be gearing up to approve applications before the end of the year, instead of January.
SEC could make crypto history in new year with first spot bitcoin ETF approval
About a dozen companies, including BlackRock and Fidelity, have applied for a spot bitcoin ETF, or one that is valued off the real-time price of the digital asset.
Apple halting sales of Series 9, Ultra 2 smartwatch over patent dispute
Apple announced Monday that it will pause sales of its Apple Watch Series 9 and Ultra 2 smartwatches amid a patent infringement dispute with medical technology firm Masimo.
Social Security Administration burdens seniors with push for clawbacks, lawmakers say
House lawmakers are demanding answers amid a report that Social Security benefits are overpaid to more than 2 million Americans annually, who are then contacted for repayment.
Biden administration snoops around big banks to assess climate risk plans for investments and loans
The Biden administration has conducted a "discovery review" of more than two dozen large banks with assets totalling over $100 billion to determine their plans to manage climate risk.
Starbucks accused by NLRB of union busting for closing 23 stores
That National Labor Relations Board accused Starbucks of closing 23 locations last year as a way to shut down union activity and is trying to force the coffee giant to reopen them.
Amazon, Walmart and Target stop selling certain water beads
Major retailers have stopped selling certain water beads and revised their policies around the product after federal safety regulators cautioned that they could pose risks.
Meathead Movers sued over age discrimination after touting 'student-athlete' workers
The Equal Employment Opportunity Commission is suing a moving company called Meathead Movers over alleged age discrimination in its hiring and marketing practices.
FTC tries again to block Microsoft's acquisition of Activision
The FTC is trying to block Microsoft's acquisition of Activision Blizzard, the maker of the popular "Call of Duty" franchise, after a lower court allowed the deal to proceed.
IRS issues warning about emerging tax season scams
The Internal Revenue Service is warning taxpayers and tax professional to look out for suspicious emails and text messages that could be from fraudsters as tax filing season nears.
Commerce secretary to crack down on Nvidia AI chips redesigned to get around trade curbs
Secretary of Commerce Gina Raimondo is putting leading AI chipmakers like Nvidia on notice that redesigning high-end AI chips to get around trade restrictions will be restricted
IRS move could carry hefty cost for some taxpayers
The IRS is raising the interest penalty for underpayment of estimated taxes, with taxpayers who are self-employed or work as independent contractors urged to be vigilant.
Experts weigh in on strengths, weaknesses of Biden's AI executive order
President Biden's broad executive order on safety and testing of artificial intelligence systems has experts tracking how his administration develops and eventually implements rules.
Novo Nordisk takes legal action against pharmacies selling drugs claiming to contain semgaglutide
Novo Nordisk announced Thursday that it is pursuing legal action against two compounding pharmacies for allegedly selling compounded drugs that claim to contain semaglutide.
Biden administration proposes to require lead pipes to be replaced within 10 years
The Environmental Protection Agency on Thursday proposed new regulations to strengthen rules against lead contamination in drinking water and replace lead pipes nationwide.
Pentagon fails annual audit for 6th year in a row
The DOD failed an annual audit of its assets for the sixth year in a row, officials announced this week. A Pentagon spokesperson said that the organization is "learning."
FDIC cancels planned board meeting after WSJ reports of toxic workplace
The FDIC board called off a scheduled meeting to complete a plan to reimburse a federal deposit insurance fund for billions in losses tied to the collapse of two large banks in March.
American multimillionaire couple funds Marxist group coordinating anti-Israel protests
A left-wing activist group called The People's Forum organizing protests against Israel is primarily funded by a multimillionaire tech mogul and his wife, who co-founded Code Pink.
FAA panel warns that current safety levels are 'unsustainable'
The FAA's National Airspace System Safety Review Team warned Wednesday that there are several challenges making the current safety levels within the aviation system "unsustainable."



















