Some Democrats in Congress call on FTC to block Albertsons-Kroger merger
A group of congressional Democrats wrote to the FTC calling for the agency to block the pending merger between Albertsons and Kroger over antitrust concerns.
Europe seals world's first set of rules regulating artificial intelligence
European Union officials have reached a provisional deal on the world's first comprehensive rules to regulate the use of artificial intelligence, paving the way for legal oversight.
FTC tries again to block Microsoft's acquisition of Activision
The FTC is trying to block Microsoft's acquisition of Activision Blizzard, the maker of the popular "Call of Duty" franchise, after a lower court allowed the deal to proceed.
Biden administration expected to delay menthol cigarette ban, possible anger from Black voters cited
The Biden administration is expected to again delay its long-awaited ban on menthol cigarettes, with officials citing political pressures leading into 2024.
Experts weigh in on strengths, weaknesses of Biden's AI executive order
President Biden's broad executive order on safety and testing of artificial intelligence systems has experts tracking how his administration develops and eventually implements rules.
Elizabeth Warren applauds FTC’s 'sandwich shop monopoly' probe of Subway acquisition
Sen. Elizabeth Warren praised the Federal Trade Commission's antitrust probe of Subway's sale to Roark Capital over concerns it could create a sandwich shop monopoly.
Nvidia revenue soars due to AI, but stock dips on trade restrictions
Nvidia announced major jumps in revenue and net income in its latest earnings report amid the artificial intelligence boom, but the impact of export controls could hit certain markets.
GOP hopeful Vivek Ramaswamy outlines crypto plan
Vivek Ramaswamy, a candidate for the 2024 Republican presidential nomination, provided an outline of his "Three Freedoms of Crypto" framework Thursday.
GM to halt production of Cruise driverless van
Detroit-based General Motors said it plans to temporarily halt production of its fully autonomous Cruise Origin van, days after the unit said it was pausing all driverless operations.
Internal emails show SEC coordinated climate disclosure rules with AI firm set to financially benefit
EXCLUSIVE: Newly-uncovered information and internal communications show a firm that makes software to report climate data was involved in crafting relevant federal regulations.
JPMorgan's Jamie Dimon warns business-friendly Texas over laws aimed at Wall Street firms
JPMorgan Chase CEO Jamie Dimon warned Texas it risks damaging its business-friendly image with laws aimed at punishing major Wall Street firms.
Biden admin abruptly delays major oil and gas lease sale mandated under Inflation Reduction Act
The Biden administration suddenly announced it would postpone a major oil and gas lease sale that it previously tried to cancel, but which the Inflation Reduction Act mandates.
Senate confirms first permanent FAA administrator in more than a year
The Senate confirmed Michael Whitaker as the new FAA administrator on Tuesday after the agency went more than 18 months without a Senate-confirmed leader.
Federal regulations cost small manufacturers $50K per employee
A report by the National Association of Manufacturers found that the annual regulatory cost per employee for manufacturers is more than double the economy-wide average.
Biden admin's new rule could put pinch on lobster fishermen while letting others off the hook: critics
New England lobstermen are pushing back against new federal rules that expand restricted waters which could cut their business by at least 25%.
Microsoft completes $69B Activision Blizzard acquisition
Microsoft completed its $69 billion acquisition of Activision Blizzard after clearing a series of regulators’ hurdles since the deal was first announced in January 2022.
GOP state AGs hit Biden Treasury 'net-zero financing' memo as backdoor regulation by 'green cabal'
Republican state AGs say Biden Treasury Dept. net-zero "principles" for private sector financing are “compulsion of the green cabal" that "fly in the face" of legal scrutiny.
Where do the GOP presidential candidates stand on energy policies?
Republican presidential hopefuls are set to square off in Simi Valley, California, on Wednesday against the backdrop of high energy prices that are hurting consumers.
Biden admin warns lenders there is ‘no special exemption’ for AI when denying credit
The Biden administration is warning lenders that they need to give specific reasons for taking negative action against borrowers, and cannot rely on artificial intelligence.
Intuit fires back at FTC judge who said company used 'deceptive advertising' for TurboTax
A Federal Trade Commission judge ruled against Intuit on Friday, finding the company engaged in deceptive advertising by offering customers "free" tax preparation with TurboTax.