Government And Institutions

Nikola discloses grand jury subpoenas from DOJ

Nikola Corp and its founder Trevor Milton received grand jury subpoenas from the U.S. Department of Justice in September in connection to allegations of fraud by short-seller Hindenburg, the electric-truck maker said in a regulatory filing late on Monday.

Boeing faces possible new FAA enforcement action over alleged regulatory lapses

The Federal Aviation Administration’s move to lift the MAX fleet’s grounding, expected to be promptly followed by regulators in Canada, Brazil, Europe and elsewhere, follows extensive delays and public debate that roiled the industry and plunged Boeing into its biggest financial crisis prior to the pandemic.

Grocery store purchase limits are back

Major grocery store chains are imposing another round of purchasing restrictions on essential grocery store items as a COVID-19 cases continue to reach new records. 

Biogen's Alzheimer's drug hits detour and puts FDA approval in doubt

A panel of outside advisers to the U.S. Food and Drug Administration on Friday voted that a potential Alzheimer’s treatment from Biogen Inc has not been proven to slow progression of the disease, a sharp rebuke to agency staff that earlier this week praised the drug.

Justice Department files long-awaited antitrust suit against Google

The Justice Department filed an antitrust lawsuit Tuesday alleging that Google engaged in anticompetitive conduct to preserve monopolies in search and search-advertising that form the cornerstones of its vast conglomerate, according to senior Justice officials.

Biden election win could decide fate of Consumer Financial Protection Bureau

WASHINGTON - A decade-long Republican campaign to weaken the U.S. consumer watchdog’s independence is set to backfire if Democrat Joe Biden wins the presidential election, by handing him the power to swiftly replace the agency’s director with a consumer champion, nearly a dozen lawyers, lobbyists and policy experts said.