Debt Advisor Referral Fees Banned by Regulator
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The AI ecosystem is complex and dynamic: Its regulation should acknowledge that
We cannot presume that existing regulatory efforts looking backwards are either sufficient or a substitute for this bigger and more complex endeavor, which necessarily must be forward-looking, for a future that is inherently uncertain.The Hill - Politics -
How Abrupt U-Turns Are Defining U.S. Environmental Regulations
The polarization of politics means that rules are imposed, gutted and restored with each election. Experts say that’s bad for the economy.The New York Times - Top stories -
Online retailer Shein is latest to face strict European Union digital regulations
Online fast-fashion retailer Shein must face the European Union’s strictest level of digital regulationsABC News - Tech -
Tesla Autopilot feature was involved in 13 fatal crashes, US regulator says
Federal transportation agency finds Tesla’s claims about feature don’t match their findings and opens second investigation. US auto-safety regulators said on Friday that their investigation into Tesla’s Autopilot had identified at least 13 fatal ...The Guardian - World - Tesla -
Fulton Financial acquires Republic First Bank after first U.S. bank failure of 2024
After struggling under the weight of higher interest rates, Republic First Bancorp on Friday found another regional lender willing to rescue it: fellow Pennsylvania-based bank Fulton Financial Corp.MarketWatch - Business -
Net neutrality restored as FCC votes to regulate internet providers
The Federal Trade Commission has voted to restore rules to prevent broadband internet providers such as Comcast and AT&T from favoring some sites and apps over others — for instance, by slowing or blocking certain content or by offering higher ...ABC News - Tech -
Regulator Investigates Ford's Hands-Free Driving System After Fatal Crashes
The NHTSA said the incidents involved Ford’s BlueCruise system on Mach-E vehicles that collided with stationary vehicles on highways.The Wall Street Journal - Business -
Online retailer Shein is latest to face strict European Union digital regulations
Online fast-fashion retailer Shein must face the European Union’s strictest level of digital regulationsABC News - Tech -
Anne Heche's 'insolvent' estate cannot settle debts, actor's son claims in legal docs
Homer Laffoon, Anne Heche's son and the executor of her estate, said in legal documents that his mother's estate is 'not in a condition to be closed.'Los Angeles Times - Entertainment -
Anne Heche’s son says her estate cannot pay its debt of over $6 million
Anne Heche’s son said her estate is unable to pay its debts following her 2022 death after the fiery crash of her car into a Los Angeles home.NBC News - Top stories -
As Meta’s stock slides, investors are flocking to its bonds and other Magnificent Seven debt
As Meta Platform Inc.’s stock suffers a bruising 13% rout on Thursday, investors are flocking to its bonds, which are seeing the most net buying of any of the so-called Magnificent Seven companies.MarketWatch - Business -
Here's how much credit card debt the average American has (and how to pay it off)
The average American is currently facing a hefty amount of credit card debt — but there are several ways to tackle it.CBS News - Top stories -
Anne Heche's 'insolvent' estate cannot settle debts, actor's son claims in legal docs
Homer Laffoon, Anne Heche's son and the executor of her estate, said in legal documents that his mother's estate is 'not in a condition to be closed.'Los Angeles Times - Entertainment -
IRS free tax filing pilot processed more than 140,000 returns, saved consumers $5.6 million in prep fees
This season, the IRS Direct File pilot helped more than 140,000 million taxpayers file taxes for free and saved $5.6 million in tax prep fees.CNBC - Business -
Venice's new city entrance fee shows a world hitting its overtourism tipping point
Tourists in Venice far outnumber residents who fear the 'Disney-fication" of the Italian city. A day-trip fee added last week did not go over well as a fix.CNBC - Business -
Blackstone struck a deal to acquire restaurant franchiser Tropical Smoothie Cafe from Levine Leichtman Capital for nearly $2 billion, including debt.
Blackstone struck a deal to acquire restaurant franchiser Tropical Smoothie Cafe from Levine Leichtman Capital for nearly $2 billion, including debt.The Wall Street Journal - World -
As more borrowers qualify for student loan forgiveness, incoming college freshmen are set to rack up $37,000 in new debt, report finds
Most families take out student loans to cover the rising cost of college. A new report found that incoming freshmen may have $37,000 in debt by graduation.CNBC - Business -
Potential TikTok ban signed into law
President Biden signed into law a foreign aid bill that also includes a provision that could ban TikTok. ByteDance, the Chinese company that owns the popular social media platform, will have to sell it within a certain period of time in order to ...CBS News - Top stories - Tiktok -
TikTok creator on impact of potential ban
Lisa Guerrera is the founder of New York City-based skincare beauty startup Experiment. She joined CBS News to talk about how TikTok has impacted her business and what a nationwide ban would mean for her and other entrepreneurs and content ...CBS News - Top stories - Tiktok -
These are the countries where TikTok is already banned
TikTok is banned in a handful of countries and not allowed on government-issued devices in a number of othersABC News - Tech - Tiktok -
Biden Delays Ban on Menthol Cigarettes
The proposal had been years in the making, in an effort to curb death rates of Black smokers targeted by Big Tobacco. In an election year, the president’s worries about support among Black voters may have influenced the postponement.The New York Times - Business - Joe Biden -
Biden Delays Ban on Menthol Cigarettes
The proposal had been years in the making, in an effort to curb death rates of Black smokers targeted by Big Tobacco. In an election year, the president’s worries about support among Black voters may have influenced the postponement.The New York Times - Top stories - Joe Biden -
These are the countries where TikTok is already banned
TikTok is banned in a handful of countries and not allowed on government-issued devices in a number of othersABC News - Top stories - Tiktok -
These are the countries where TikTok is already banned
TikTok is banned in a handful of countries and not allowed on government-issued devices in a number of othersABC News - Tech - Tiktok -
Biden Delays Ban on Menthol Cigarettes
The proposal had been years in the making, in an effort to curb death rates of Black smokers targeted by Big Tobacco. In an election year, the president’s worries about support among Black voters may have influenced the postponement.The New York Times - Business - Joe Biden -
Connecticut Senate passes wide-ranging bill to regulate AI. But its fate remains uncertain
The Connecticut Senate has passed one of the first major legislative proposals in the U.S. to rein in bias in artificial intelligence decision-making and protect people from harmABC News - Tech -
Federal regulator finds Tesla Autopilot has 'critical safety gap' linked to hundreds of collisions
Federal authorities say a “critical safety gap” in Tesla’s Autopilot system contributed to at least 467 collisions, 13 resulting in fatalities and “many others” resulting in serious injuries.NBC News - Top stories - Tesla -
Federal regulator finds Tesla Autopilot has 'critical safety gap' linked to hundreds of collisions
Federal authorities say a "critical safety gap" in Tesla's Autopilot system contributed to at least 467 collisions, 13 resulting in fatalities.CNBC - Business - Tesla -
U.S. Regulators Tie Tesla's Autopilot to More Than a Dozen Fatalities, Hundreds of Crashes
The NHTSA launched a new probe into the adequacy of a two-million vehicle recall in December, after discovering more crashes linked to the controversial technology.The Wall Street Journal - Business -
Regulators seized troubled Philadelphia bank Republic First Bancorp and sold it to fellow regional lender Fulton Financial.
Regulators seized troubled Philadelphia bank Republic First Bancorp and sold it to fellow regional lender Fulton Financial.The Wall Street Journal - World -
Regulators close Philadelphia-based Republic First Bank, first US bank failure this year
Regulators have closed Republic First Bank, a regional lender operating in Pennsylvania, New Jersey and New YorkABC News - Top stories -
Connecticut Senate passes wide-ranging bill to regulate AI. But its fate remains uncertain
The Connecticut Senate has passed one of the first major legislative proposals in the U.S. to rein in bias in artificial intelligence decision-making and protect people from harmABC News - Tech -
‘I racked up $45,000 in credit-card debt doing home repairs’: Should I refinance my $1.5 million house — or take out a personal loan to pay it off?
“We live in a very strong housing market in Los Angeles so we’re not worried about it losing value.”MarketWatch - Business -
On TikTok, Potential Ban of App Leads to Resignation and Frustration
While Congress says the social app is a security threat, critics of the law targeting it say it shows how out of step lawmakers are with young people.The New York Times - Tech -
On TikTok, Potential Ban of App Leads to Resignation and Frustration
While Congress says the social app is a security threat, critics of the law targeting it say it shows how out of step lawmakers are with young people.The New York Times - Top stories -
What’s next for TikTok after Biden approves ban
Video app vows legal battle to prevent effort to separate it from Chinese parentFinancial Times - Business - Joe Biden -
Arizona House Votes to Repeal 1864 Abortion Ban
The almost-complete ban on abortions in the state could go into effect as soon as June 8 if the State Legislature does not repeal it, the state’s attorney general said.The New York Times - Top stories - Abortion -
Arizona House Votes to Repeal Abortion Ban
The state Senate will vote on the measure next week, and several Republicans have signaled they would join Democrats to support it, giving it a good chance of passage. Democratic Gov. Katie Hobbs has said she would sign a repeal.The Wall Street Journal - World - Abortion -
Arizona House votes to repeal 1864 abortion ban
It was the third attempt to take up repealing the near-total ban, which was recently resurrected by a state court.BBC News - Top stories - Abortion -
Business groups sue FTC over noncompete ban
Presented by BP — {beacon} Business & Economy Business & Economy PRESENTED BY view The Big Story Business groups sue to block FTC's noncompete ban The Federal Trade Commission's (FTC) decision to ban noncompete agreements is being met with ...The Hill - Politics