Latest in EU Commission fines Teva $500 million for trying to stop rival's multiple sclerosis drug
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EU Commission fines Teva $500M for trying to stop rival's multiple sclerosis drug
The European Commission has fined Israeli generic drugmaker Teva more than 460 million euros ($500 million) for improperly seeking to protect the patent for its multiple sclerosis drug and for ...World - ABC News - October 31 -
EU Commission fines Teva $500 million for trying to stop rival's multiple sclerosis drug
The European Commission has fined Israeli generic drugmaker Teva more than 460 million euros ($500 million) for improperly seeking to protect the patent for its multiple sclerosis drug and for ...Health - ABC News - October 31 -
Teva Fined Around $500 Million Over MS Drug Competition Concerns
The European Union fined Israel’s Teva Pharmaceutical 462.6 million euros, saying it abused its market position in a way that might have delayed competitors from entering the multiple sclerosis ...Business - The Wall Street Journal - October 31 -
EU fines world’s largest generic drugmaker Teva for hindering competition
European Commission says company abused ‘dominant position’ to ‘artificially’ extend patent protection of MS medicine CopaxoneBusiness - Financial Times - October 31 -
Meta Fined $843 Million by EU Over Marketplace Ads Platform
The European Commission said the company tied its classified-ads platform to its flagship social network, undermining competition.Tech - The Wall Street Journal - November 14 -
EU fines Facebook parent Meta nearly 800 million euros over 'abusive' Marketplace practices
EU fines Facebook parent Meta nearly 800 million euros over 'abusive' Marketplace practicesTech - ABC News - November 14 -
EU slaps Meta with a nearly 800 million euro fine for engaging in 'abusive' Marketplace practices
European Union regulators hit Facebook parent Meta with a fine of nearly 800 million euros on Thursday for what it calls “abusive practices” involving its Marketplace online classified ads businessWorld - ABC News - November 14 -
EU fines Meta over $840 million for ‘abusive practices’ favoring Facebook Marketplace
Meta received a fine of over $840 million on Wednesday for breaching the European Union’s antitrust rules as it relates to market domination after three years of legal proceedings. The ...Politics - The Hill - 5 days ago -
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Tencent to Invest $500 Million in Cloud Infrastructure in Indonesia
Tencent Holdings plans to set up its third internet data center in Indonesia, as the Chinese tech giant furthers its partnership with GoTo Group and Alibaba Group.Business - The Wall Street Journal - November 11 -
Chancellor and BoE governor call for UK to rebuild ties with EU
Reeves and Bailey highlight damage from Brexit amid concern about Trump’s plan to impose tariffs on trading partnersBusiness - Financial Times - November 14 -
Britain’s bold plan to create super funds
The case for consolidating the UK’s sprawling pension arsenal is strongBusiness - Financial Times - November 14 -
EU Commission chief urges North Macedonia's political parties to cooperate on accession push
European Commission President Ursula von der Leyen has told North Macedonia it needs to make progress on constitutional changes if it's to advance its bid to join the European UnionWorld - ABC News - October 24 -
EU leader praises Serbia for its advances in EU membership bid despite growing Russian influence
European Commission President Ursula von der Leyen on has praised the Serbian president for meeting her and other European Union leaders instead of attending a Russia-organized summit of developing ...World - ABC News - October 25 -
Georgia must change course to open EU membership talks, says European Commission
Western powers call for investigation into Georgian Dream party election win amid reports of voter intimidation and fraud. The European Commission has said it will not recommend opening EU ...World - The Guardian - October 30 -
U.S. protectionism could undermine modest growth forecast for eurozone, says EU Commission
The economy of the European Union is headed for only modest growth in coming months as consumers regain some of the purchasing power they lost to inflation, the bloc's executive commission said FridayWorld - ABC News - 6 days ago -
Delta Sues Crowdstrike Over Outage That Cost $500 Million
Delta Air Lines filed the suit against CrowdStrike in Georgia after its outage disrupted travel plans for 1.3 million customers.Business - Inc. - October 27 -
Disney to Pay More Than $500 Million to Air the Grammys
The music industry’s marquee awards show will leave CBS after 2026, ending a decadeslong run.Business - The Wall Street Journal - October 30 -
Intel wins lengthy EU legal battle over £880m competition fine
Chipmaker disputed 2009 decision that it abused its market position in case dating back two decades. The US chipmaker Intel has won a long-running battle to quash a fine of more than €1bn imposed ...World - The Guardian - October 24 -
EU slaps Meta with nearly 800M euro fine for 'abusive' Marketplace practices
European Union regulators hit Facebook parent Meta with a fine of nearly 800 million euros on Thursday for what it calls “abusive practices” involving its Marketplace online classified ads businessTech - ABC News - November 14 -
The Maker of Ozempic Is Trying to Block Compounded Versions of Its Blockbuster Drug
Novo Nordisk has asked the FDA to block production of compounded copies of Ozempic, arguing that it’s too difficult to do safely. It’s the latest escalation in a brewing war between pharmaceutical ...Tech - Wired - October 23 -
X rival Bluesky gains 1.25 million users following U.S. election
Bluesky has gained over 1.25 million new users in the past week, indicating some social media users are changing their habits following the U.S. election.Business - CNBC - November 14 -
Europe could try to stop — or get around — damaging Trump tariffs
Donald Trump's U.S. election win has left Europe scrabbling to work out how it will be able to contain — or counter — probable tariffs on its exports to the U.S.Business - CNBC - November 11 -
EU has to stop ‘lecturing’ developing world, says top official
Charles Michel says partner countries taking part in Putin’s Brics summit ‘want to send a message’World - Financial Times - October 25 -
Temu Faces EU Probe Over Failure to Stop Illegal Sales
The European Commission, the EU’s executive arm, said it had opened formal proceedings against the Chinese e-commerce platform to assess whether it may have breached Europe’s digital services ...Business - The Wall Street Journal - October 31 -
Big 12 fines Utah AD Mark Harlan $40K for criticizing officials after loss to rival BYU
The Utah AD was incensed over a controversial fourth-down holding call, but apologized SundaySports - CBS Sports - November 11 -
American to pay $50 million fine for its treatment of disabled passengers
Airlines must be accountable for their treatment of passengers with disabilities, Transportation Secretary Pete Buttigieg said.Top stories - CBS News - October 23 -
American Airlines Fined $50 Million for Treatment of Disabled Travelers Using Wheelchairs
The Transportation Department issued the fine after an investigation revealed “cases of unsafe physical assistance that at times resulted in injuries and undignified treatment of wheelchair users.”Top stories - The New York Times - October 23 -
American Airlines Fined $50 Million Over Treatment of Passengers With Disabilities
The carrier said its mishandling rate for wheelchairs and scooters has dropped by 20% in recent years as it invests in new equipment and practices.Business - The Wall Street Journal - October 23 -
LinkedIn fined $335 million over digital advertising in Europe
LinkedIn on Thursday was hit with a fine of €310 million ($335 million) over its use of targeted advertising.Business - MarketWatch - October 24 -
Meta Fined $15 Million in South Korea for Illegal User Data Collection
The country’s privacy watchdog said Meta amassed sensitive information by analyzing users’ likes and the ads they opened.Business - Inc. - November 5 -
Meta Fined $840 Million in Europe for Boosting Marketplace Unfairly
Meta said it would appeal the decision by the European Union, which said the company had abused its dominance in social networking to strengthen its shopping and classified ads service.Business - The New York Times - November 14 -
ECB split over report showing big EU banks’ capital requirements lower than US rivals
Officials say US rules would increase minimum capital levels by double-digit percentage for biggest EU banksWorld - Financial Times - 3 days ago -
Bristol Myers Squibb’s stock soars after rival AbbVie reports disappointing schizophrenia-drug trial
Bristol Myers Squibb Co. shares surged 12.5% Monday after rival AbbVie Inc. reported disappointing results from the trial of a new schizophrenia drug.Business - MarketWatch - November 11 -
AbbVie’s disappointing schizophrenia drug trial bodes well for rival Bristol Myers, analysts say
AbbVie’s “pain” is Bristol Myers Squibb’s “gain,” says Truist Securities analyst Srikripa Devarakonda.Business - MarketWatch - November 12 -
Ravens' Jackson and the NFL's top-ranked offense fail to stop AFC North rival Steelers -- again
Lamar Jackson and the Baltimore Ravens still haven’t figured out how to beat the Pittsburgh SteelersSports - ABC News - 3 days ago -
Beirut Hospital Evacuates After Israel Accuses Hezbollah of Stashing $500 Million Underneath
When Israeli military officials said that Hezbollah had stashed $500 million in gold and cash under a Beirut medical center, there was a scramble to evacuate the facility, and now a debate is ...World - The Wall Street Journal - October 23 -
Black Ops 6 Had A Record-Setting Debut, As Franchise Passes 500 Million Units Sold
Call of Duty: Black Ops 6 launched on October 25 and it had an enormous, record-setting debut. The game had the "biggest" three-day opening weekend in franchise history when looking at total number ...Tech - GameSpot - October 31