Top EU official denies softer approach to Big Tech, cites 'very clear legal basis' for regulation

• EU Competition Chief Denies Reassessment of Big Tech Probes

  The European Commission’s new chief competition enforcer pushed back against concerns that the regulator might weaken its efforts to curb Big Tech companies in the bloc ahead of U.S. ...
  
  The Wall Street Journal - 23h

• Trump selects private equity CEO Pulte as top housing regulator

  Politico - 1d
• 

  EU Competition Regulator Conditionally Clears Synopsys' $35 Billion Ansys Deal

  The commission said that the companies’ offer to sell two business units to a rival fully addresses its concerns.
  
  The Wall Street Journal - 6d
• 

  Fed officials saw need for ‘careful approach’ to future rate cuts

  Minutes from December meeting show policymakers are concerned about US inflation risks
  
  Financial Times - Jan. 8

• Meta goes ‘MAGA’: Facebook adjusts fact-checking approach as Zuckerberg touts ‘free expression’ and cites ‘cultural tipping point’

  “We’re going to work with President[-elect] Trump to push back on governments around the world that are going after American companies and pushing to censor more,” Meta CEO Mark Zuckerberg said.
  
  MarketWatch - Jan. 7

• Wall Street notches another win as Fed's Barr clears the way for gentler banking regulator

  With Barr's resignation, a more precise image of incoming bank deregulation is forming.
  
  CNBC - Jan. 7
• 

  Michael Barr to step down as Fed’s top Wall Street regulator

  US central bank’s vice-chair for supervision will leave his role in February but stay on as a governor
  
  Financial Times - Jan. 6

• EU’s energy fixation has left water crisis unchecked, top official warns

  Environment commissioner Jessika Roswall says bloc must urgently address water shortages affecting business
  
  Financial Times - Jan. 3

• There’s a big problem with trying to replace Johnson — no clear alternates

  Three potential alternate speaker candidates have come up in conversations among holdouts. But they don’t have the needed votes to become speaker, either.
  
  Politico - Jan. 2

More from CNBC

• Supreme Court upholds TikTok ban, but Trump might offer lifeline

  Although President-elect Donald Trump could choose to not enforce the law, it's unclear whether third-party internet service providers will support the app.
  
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• Trump and China's Xi discuss TikTok, trade, fentanyl, president-elect says

  President-elect Donald Trump said he spoke on the phone with Chinese President Xi Jinping about TikTok, fentanyl, trade and more.
  
  CNBC - 1h

• Democrats push for inaugural oversight as Trump committee rakes in cash

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• Bumble founder Whitney Wolfe Herd to return as CEO

  Bumble founder Whitney Wolfe Herd is returning to the company as CEO in mid-March.
  
  CNBC - 1h

• Ozempic is in the next round of Medicare drug price negotiations. See the full list of 15 medications

  The talks around drugs including Novo Nordisk's Wegovy, GSK's Trelegy Ellipta, and Pfizer's Xtandi will set Medicare prices that go into effect in 2027.
  
  CNBC - 2h

More in Business

• Looking for winning airline stocks this year? BofA says to avoid Southwest and JetBlue.

  Carriers with greater exposure to premium travel will fare better this year, analysts say.
  
  MarketWatch - 4m

• Bitcoin gains as Trump reportedly plans crypto executive order

  Bitcoin rejoined the crypto rally amid reports that President-elect Donald Trump could release an executive order on crypto as soon as day 1.
  
  CNBC - 5m

• Supreme Court upholds law that could ban TikTok. Here’s why the app probably won’t go away soon.

  The U.S. Supreme Court has upheld a bipartisan law that aims to ban TikTok beginning on Sunday if the video-sharing app continues to be controlled by its Chinese parent company, ByteDance Ltd.
  
  MarketWatch - 7m

• Dozens of flights diverted, delayed after FAA warned of SpaceX rocket debris

  Dozens of flights turned back to their original airport or were delayed after the FAA warned about debris from the latest SpaceX rocket launch.
  
  CNBC - 15m
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  Gilts set for best week since July after run of poor economic data

  Investors increase bets the Bank of England will be more aggressive in cutting rates as FTSE 100 hits record high
  
  Financial Times - 16m