Latest in Shares Drop Ftc
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Inmate shares experience battling LA wildfires
As the disastrous infernos destroy neighborhoods in Southern California, over 1,000 prisoners are working as “volunteer firefighters” to help extinguish the blazes.ABC News - 1h -
FTC sues PepsiCo, alleging price discrimination is raising costs for consumers
The Federal Trade Commission is suing PepsiCo for alleged price discrimination in the final days of the Biden administration.CNBC - 1h -
Nintendo Shares Slump as Switch 2 Announcement Underwhelms
The Japanese company’s much-anticipated successor to its Switch console disappointed investors with a lack of specifics and a design that feels more like an update than a reinvention.The Wall Street Journal - 11h -
The FTC Suing John Deere Is a Tipping Point for Right-to-Repair
After years of complaints about “unlawful” repairability policies, the FTC is suing tractor manufacturer Deere & Company. Repairability advocates are calling it a milestone for consumer rights.Wired - 1d -
British retail sales unexpectedly drop in December
Pound falls and gilts rally as investors bet on more interest rate cutsFinancial Times - 9h -
UK companies outpace US businesses in share buybacks
FTSE groups adopt practice that has drawn criticism from lawmakers but research suggests it could lift long-term share priceFinancial Times - 14h -
Snap shares drop as FTC refers MyAI chatbot complaint to the DOJ
Snap shares closed down 5% on Thursday after the Federal Trade Commission said it would refer a complaint against the company to the Department of Justice.CNBC - 19h -
Your car knows a lot about you. The FTC wants to make sure GM and other carmakers don’t take advantage.
U.S. regulators took aim at General Motors and its OnStar unit late Thursday, saying that they had taken their first-ever action related to connected-vehicle data.MarketWatch - 20h -
N.F.L. Insiders Share Their Predictions for the Divisional Round
The Bills host the Ravens in “the game of the year.”The New York Times - 20h -
John Deere Sued by FTC Over Equipment-Repair Practices
The lawsuit against the maker of John Deere tractors represents a final push in the Biden administration’s broader efforts to make repairs less costly for consumers.The New York Times - 1d -
FTC sues Deere, alleging equipment repair 'monopoly' raises costs for farmers
The Federal Trade Commission has filed a lawsuit against agricultural equipment giant Deere & Company, alleging it holds a monopoly on repair services.CNBC - 1d -
BioShock And Borderlands Veterans Drop First Look At Wartorn
Stray Kite Studios--an indie developer that includes veterans from BioShock, Borderlands, and Age of Empires--has debuted the first look at the company's inaugural original title Wartorn. As seen ...GameSpot - 1d -
How Nissan's profits dropped 90% in one year
Merging with rival Honda may be Nissan's best shot at survival. The Japanese automaker is struggling around the world, including the U.S. and China.CNBC - 2d -
Why a small drop in inflation matters to you
The marginal dip in UK inflation is unusually important and offers some respite to the chancellor.BBC News - 2d -
Top 3 drug insurers reaped billions as their drug middlemen inflated prices, FTC alleges
Regulators published their most detailed findings yet on how some of the nation’s largest companies profited from ‘excess’ prescription price hikes of 1,000% or more.NBC News - 2d -
Havertz's wife shares threats after Arsenal loss
The wife of Arsenal player Kai Havertz has shared abusive messages she received on social media after Arsenal lost to Manchester United in the FA Cup on Sunday.ESPN - 3d -
Porsche China deliveries drop 28% as competition intensifies
Fall comes as consumers in world’s largest car market increasingly opt for domestic brandsFinancial Times - 4d -
Kids Turn to a Mental-Health Chatbot to Share Their Anxieties
Part counselor and part friend, Troodi talks with children about their worries and fears. “Sometimes I forget she’s not a real person,” says one teen.The Wall Street Journal - 6d -
Lawmakers urge FTC to release newest report on pharmacy benefit managers
A bipartisan, bicameral group of lawmakers is calling on the Federal Trade Commission (FTC) to vote in favor of releasing an interim staff report on pharmacy benefit managers (PBM). Sens. Elizabeth ...The Hill - Jan. 10 -
Vodafone Sells Remaining 3% Share in Indus Towers
The telecomms group used the $326 million raised in proceeds to repay debt and increase its stake in India’s Vodafone Idea.The Wall Street Journal - Jan. 10 -
With Trump Arriving, Zelensky Urges Allies Not to ‘Drop the Ball’
In an impassioned address to officials from countries supporting Ukraine, Mr. Zelensky said “a new chapter” would be starting for Europe and the rest of the world, requiring even more cooperation.The New York Times - Jan. 9 -
Lloyds, Halifax and Bank of Scotland to share branches
The move is intended to make it easier for people to access banking services, but some warn it will lead to more branch closures.BBC News - Jan. 9 -
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Greggs shares drop on sales slowdown
UK bakery chain blames ‘subdued high street footfall’ for weaker earningsFinancial Times - Jan. 9 -
Trump shares inflammatory video with crude reference to Netanyahu
President-elect’s post featuring economist Jeffrey Sachs comes weeks after Israeli PM claims two had a ‘warm’ chat. Donald Trump has shared inflammatory video content calling Benjamin Netanyahu ...The Guardian - Jan. 9 -
Shares of California utility Edison International drop 10% as wildfires rage
The decline comes as multiple large fires are burning around Los Angeles, with strong winds making them difficult to contain.CNBC - Jan. 8 -
Shares of California utility Edison International drop more than 10% as wildfires rage
Fear and uncertainty surrounding the wildfires in California appear to be weighing on shares of Edison International, whose Southern California Edison is the power utility for the areas directly ...NBC News - Jan. 8 -
Oil companies pay record $5.6M settlement after FTC alleges illegal coordination
Three oil companies will pay a record penalty to settle allegations that they illegally coordinated before a merger between them was complete in 2021 and 2022, the federal government announced ...The Hill - Jan. 7 -
Meta looking for 'sweetheart deal' with Trump: FTC chair
Outgoing Federal Trade Commission (FTC) Chair Lina Khan suggested Tuesday that Meta and other companies facing antitrust lawsuits from the agency might be looking for “sweetheart deals” from the ...The Hill - Jan. 7 -
FTC Chair Khan hopes Amazon, Facebook won't get 'sweetheart deal' from Trump in antitrust cases
Lina Khan, who was tapped by President Joe Biden to lead the FTC, is set to be replaced by President-elect Donald Trump's pick Andrew Ferguson.CNBC - Jan. 7 -
FTC chair hopes Amazon, Facebook won't get 'sweetheart deal' from Trump in antitrust cases
Federal Trade Commission Chair Lina Khan said Tuesday she hopes the incoming Trump administration will not let Amazon and Facebook parent Meta off the hook from pending antitrust lawsuits by her ...NBC News - Jan. 7 -
Belichick shares on-brand reaction to Patriots firing Mayo
Former Patriots head coach Bill Belichick shared his reaction to the firing of his successor, Jerod Mayo, on Monday's "The Pat McAfee Show."Yahoo Sports - Jan. 6 -
The best ways to keep costs down as temperatures drop
A cold snap across the UK comes just as energy prices have risen, so here are a few tips to help you keep warm.BBC News - Jan. 3 -
Tesla shares slide after it reports first drop in annual deliveries
Tesla's fourth-quarter deliveries report follows a huge late-year rally in the stock that lifted its gain for 2024 to 63%.CNBC - Jan. 3 -
Boeing Shares Drop After South Korea Plane Crash
A widely used Boeing aircraft, the 737-800, was involved in Sunday’s crash-landing of a Jeju Air flight that killed 179 people.The New York Times - Jan. 3 -
How Congress dropped the ball on AI safety
After two years of congressional deliberation on artificial intelligence, we need more than careful analysis — we need decisive action.The Hill - Jan. 2 -
Tesla's annual sales drop for the first time in a decade
Tesla's increase in global sales in the fourth quarter was not enough to overcome a sluggish first half of the year.CBS News - Jan. 2 -
Display collapses on kids, families after balloon drop mishap in Peabody
Several children were hurt when a display collapsed during a New Year's Eve event for kids in Massachusetts.CBS News - Dec. 31