Elon Musk Likely To Be Blocked By Twitter Deal Regulators

Former antitrust officials said on Monday that regulators could review Elon Musk’s Twitter purchase, but are unlikely to file a lawsuit to block it. Bill Baer, ​​who headed the Justice Department’s antitrust division during the Obama administration, said that enforcement would “seem hard to see if there’s a risk to competition and consumers.” The massive …

Regulators Examining Tesla over ‘Ghost Braking’ Reports

The federal government’s main auto safety regulator has launched a preliminary investigation into the sudden braking of Tesla cars equipped with an advanced driver assistance system the company calls Autopilot. The National Highway Traffic Safety Administration said in a statement. document published online He said Tesla acted in response to 354 consumer complaints over the …

Regulators aim to rewrite rules for major mergers.

WASHINGTON — Senior federal antitrust officials on Tuesday announced that they are reviewing how they have approved mergers and acquisitions in a broad effort to strengthen enforcement and stem the volatility of corporate consolidation, particularly in high-tech. Federal Trade Commission chair Lina Khan and Justice Department antitrust head Jonathan Kanter said they wanted to rewrite …

California regulators fined PG&E $125 million for the 2019 fire.

Regulators in California said Thursday they had fined Pacific Gas & Electric $125 million for its role in causing the gas. Kincade feverIn 2019, it injured four people and destroyed hundreds of buildings. As part of an agreement with the regulator, the California Public Utilities Commission, the company will pay the state $40 million and …

Global regulators are raising capital requirements for the three big banks.

The Financial Stability Board has increased the capital requirements of three banks deemed systemically important (BNP Paribas, Goldman Sachs and JPMorgan Chase) as part of its annual review of the measures it has identified to try to prevent another global financial crisis. The board, a board led by central bankers and other government officials from …

Colorado Governor Says He’s ‘Frustrated’ With Federal Regulators

as federal regulators consider request to extend eligibility Three states from Pfizer-BioNTech’s all-adult coronavirus vaccine boosters decided to expand access on their own last week. Colorado, New Mexico and California They allow adults to seek boosters, provided that individuals have passed the second dose of the Pfizer-BioNTech or Moderna vaccine for at least six months, …

Regulators Want to Restrict Stablecoins

seeking stability Financial regulators urged lawmakers to act quickly on legislation to address increased risk of stablecoins. This type of cryptocurrency, seemingly backed one-on-one by a stable asset like the dollar, is becoming more practical as a vehicle for trading and transactions – booming with around $130 billion currently in circulation. Stablecoin issuers like Tether …

Regulators Ask Congress to Create New Rules for Cryptocurrencies

WASHINGTON — Federal regulators urgently need more than Congress to properly regulate stablecoins, a fast-growing type of cryptocurrency they’ve warned could lead to bank leaks, consumer abuse and payment confusion unless lawmakers act quickly, according to a report released Monday. They say they need power. by the Department of the Treasury. As cryptocurrencies explode in …

Father of Murdered Reporter Asks Regulators to Investigate Facebook

In a complaint filed Tuesday, the father of a murdered journalist urged federal regulators to get Facebook to change its content policies and accused it of failing to remove images of his daughter’s murder from its platforms. Journalist Alison Parker’s father, Andy Parker, said at a press conference: News Conference On Tuesday, he said the …

Cryptocurrency Regulators Rush To Create First Big Rules

WASHINGTON — After years of being sidelined as cryptocurrency transformed from a digital curiosity to a digital curiosity a volatile but widely adopted innovation, Federal regulators are racing to address potential risks to consumers and financial markets. Their concerns have only grown as new and established firms alike are trying to find ways to profit …

Two Top FDA Vaccine Regulators Set to Split at a Crucial Time

The FDA is also expected to soon address the question of whether to allow emergency coronavirus vaccines for children under the age of 12. Last week, the agency fully approved the Pfizer-BioNTech vaccine for people aged 16 and over, a key decision that has spurred a range of vaccine mandates at companies, universities, hospitals and …