Court of Appeals Revitalizes Texas Law Targeting Social Media Companies

A Texas law banning major social media companies from removing political speech was the first of its kind, enacted Wednesday, raising complex questions about how to follow rules for major web platforms. The law, which applies to social media platforms with 50 million or more monthly active users in the United States, was passed last …

Why Aren’t US Oil Companies Starting to Save Europe?

“The model has completely changed,” he said. Oil executives also argue that they spend a lot of money on new oil and gas production, but inflation undermines their efforts. According to RBN Energy, a Houston-based research firm, exploration and production spending will increase more than 20 percent this year, but about two-thirds of that increase …

Biden Administration, which has its eyes on Russia, Requests Reports from Companies

“Many of the real details will need to be worked through during the rulemaking process,” said Christopher D. Roberti, senior vice president of cyber, intelligence and supply chain security policy at the US Chamber of Commerce. The law requires the cybersecurity agency to work with companies as it sets the rules, so business leaders will …

Loan Companies Will Remove Stains From Paid Medical Debts

Equifax, Experian and TransUnion, giant credit reporting firms that each keep files on nearly 200 million Americans, said Friday they will soon erase the credit blemishes created by some medical debt. The changes, including removing black marks for people who pay off debt after they go to collections, have been applauded by consumer advocates, reflecting …

Climate Groups Want Democrats to Confront Oil Companies over Gas

Other Democrats, particularly Representative Parag Khanna and Senator Sheldon Whitehouse, proposed a tax on the “unexpected profits” of energy companies. According to Garin’s poll, the idea is popular even among Republicans, with 73 percent saying they support it. When asked about the concept, a White House official made no commitment, but said, “We’re not going …

Chinese companies helping Russia could be closed, trade

On Tuesday, commerce minister Gina Raimondo issued a stern warning to Chinese companies that may oppose US export restrictions to Russia, saying the US will cut off the American equipment and software they need to make their products. In an interview with The New York Times, Raimondo said the Biden administration could “basically shut down” …