... s well as federal privacy regulation. “We are a nation with a tradition of reining in monopolies, no matter how well-intentioned the leaders of these companies may be. Mark’s power is unprecedented an ...More
EJ Insight2019-05-10
... d for the Federal Trade Commission, working with the Justice Department, to force Facebook to undo its purchases of Instagram in 2012 and WhatsApp in 2014. He said the three could become separate publ ...More
EJ Insight2019-05-10
... ning that federal authorities had alleged “fraudulent income conduct” by the funds’ sponsor. “We now believe that it is more likely than not that the income tax benefits that we recognized are not val ...More
EJ Insight2019-05-09
... nces, the Federal Reserve Bank of Richmond estimates that by targeting women, non-college educated workers, and rural Americans, the US could add more than 18 million people to the workforce. For exam ...More
EJ Insight2019-05-08
Two US senators criticized reported plans for a Federal Trade Commission settlement with Facebook Inc. for misuse of consumers’ personal data, saying that the company's top officials must be held pers ...More
EJ Insight2019-05-07
... US$7,500 federal tax credit for Tesla buyers by half, a decline that hurt first-quarter deliveries. Musk also has been distracted by a public feud with US regulators. Shares in the company have dropp ...More
EJ Insight2019-05-03
... below the federal level, governments’ ability to support productive investments is severely limited. Philanthropists are making some high-profile contributions, including through various foundations, ...More
EJ Insight2019-05-02
... waiting a federal judge’s decision in a US Federal Trade Commission lawsuit alleging antitrust violations that mirrored Apple’s claims. The outcome remains unclear after Apple, the major source of wi ...More
EJ Insight2019-05-02
The US Federal Reserve held interest rates steady and signaled little appetite to adjust them any time soon, taking heart in continued job gains and economic growth and the likelihood that weak inflat ...More
EJ Insight2019-05-02
One of US President Donald Trump’s two intended nominees to fill vacancies on the US Federal Reserve Board of Governors – Herman Cain – has now withdrawn. Trump’s other potential pick, Stephen Moore, ...More
EJ Insight2019-04-29
... Manhattan federal court, lays out in more detail exactly what kinds of statements must be reviewed. The agreement lifts a cloud that has hung over Musk as Tesla tries to ramp up production of its most ...More
EJ Insight2019-04-29
... uded a US Federal Trade Commission (FTC) investigation into whether Facebook violated a 2011 agreement over user privacy. Some companies pulled their ads off the social network and users tweeted #Dele ...More
EJ Insight2019-04-26
... g. The US Federal Trade Commission has been investigating revelations that Facebook inappropriately shared information belonging to 87 million of its users with the now-defunct British political consu ...More
EJ Insight2019-04-25
... s. The US Federal Bureau of Investigation and military were also supporting the investigation into possible foreign connections, the US ambassador to Sri Lanka, Alaina Teplitz, told reporters. “If you ...More
EJ Insight2019-04-25
... asked the federal government on April 3 to ban TikTok, and prohibit media from broadcasting any content created on the app, citing reports of pornography and inappropriate content being circulated via ...More
EJ Insight2019-04-23
... a higher federal minimum wage. Amazon is now the world’s second most valuable listed firm behind Apple. Its founder Jeff Bezos remains the world’s richest man even after a costly divorce. Meanwhile, ...More
EJ Insight2019-04-23
... cases to federal prosecutors concerning the president’s business activities and fundraising for his inauguration in 2017. Between those pending cases and others alleging abuse of presidential power f ...More
EJ Insight2019-04-23
... , and the Federal Reserve’s signals that it would continue to raise interest rates and pursue quantitative tightening. But since this past January, markets have rallied, so much so that some senior as ...More
EJ Insight2019-04-23
... r Eastern Federal University, likely to host part of the summit, with workers installing North Korean and Russian flags. After the diplomatic failure at the Hanoi summit, Kim is likely looking to prov ...More
EJ Insight2019-04-23
