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FTC, HHS examining cause of generic drug shortages

by Anas Siddiqui
FTC, HHS examining cause of generic drug shortages

A variety of generic pills and capsules.  Nenov | Moment | Getty Images The Federal Trade Commission on Wednesday said it is examining the role that drug wholesalers and companies …

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Public utilities fall short on wildfire risk mitigation

by Anas Siddiqui
Public utilities fall short on wildfire risk mitigation

Five years and 2,500 miles apart, fires devastated thriving communities — and major U.S. utility companies stood at the center of the infernos. It’s a story increasingly familiar in the …

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New Senate bill aims to kill proposed SEC rule on AI conflicts of interest

by Vera Ward
New Senate bill aims to kill proposed SEC rule on AI conflicts of interest

WASHINGTON — A forthcoming rule from the Securities and Exchange Commission on the use of AI in finance is in the crosshairs of two Republican senators, who introduced a bill …

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FTC fines Kubota $2 million in largest ever ‘Made in the USA’ penalty

by Vera Ward
FTC fines Kubota  million in largest ever ‘Made in the USA’ penalty

Federal Trade Commission building Jeff Greenberg | Universal Images Group | Getty Images WASHINGTON — The Federal Trade Commission on Friday announced that it fined Kubota, one of the world’s …

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Tesla recalls nearly 200,000 vehicles in US over rearview camera bug

by Horatio Thompson
Tesla recalls nearly 200,000 vehicles in US over rearview camera bug

BURBANK, CALIFORNIA – JANUARY 16: Tesla electric cars are parked at a Tesla dealership on January 16, 2024 in Burbank, California. Carbon emissions fell by about 1.9 percent in 2023, …

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Johnson & Johnson to settle talc baby powder probe

by Akin Smith
Johnson & Johnson to settle talc baby powder probe

Containers of Johnson and Johnson baby powder are displayed on a Walgreens shelf on April 05, 2023 in San Anselmo, California. Justin Sullivan | Getty Images Johnson & Johnson has …

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DOJ to file antitrust case against Apple as soon as March: Report

by Edgar Davis
DOJ to file antitrust case against Apple as soon as March: Report

Apple CEO Tim Cook attends the first meeting of the American Workforce Policy Advisory Board with then-President Donald Trump in the State Dining Room of the White House in Washington, …

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Biden administration unveils proposed changes to big banks’ overdraft fees

by Vera Ward
Biden administration unveils proposed changes to big banks’ overdraft fees

The Consumer Financial Protection Bureau headquarters in Washington. Samuel Corum/Bloomberg via Getty Images WASHINGTON — The Consumer Financial Protection Bureau on Wednesday unveiled long-awaited changes to how the nation’s biggest …

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24 companies sign open letter saying Big Tech isn’t respecting EU DMA

by Edgar Davis
24 companies sign open letter saying Big Tech isn’t respecting EU DMA

The logos of Google, Apple, Facebook, Amazon and Microsoft displayed on a mobile phone with an EU flag shown in the background. Justin Tallis | AFP via Getty Images A …

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Morgan Stanley will pay millions settle SEC block trade probe

by Vera Ward
Morgan Stanley will pay millions settle SEC block trade probe

Pawan Passi, former equities executive at Morgan Stanley, arrives at court in New York, US, on Friday, Jan. 12, 2024. Alex Kent | Bloomberg | Getty Images Morgan Stanley has …

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