Amazon met with startups about investing, then launched competing products
DefinedCrowd's Chief Executive Daniela Braga is one of more than two dozen entrepreneurs, investors and deal advisers who said Amazon appeared to use the investment and deal-making process to help develop competing products.
Salmonella outbreak infects 125 Americans in the last month: CDC
The U.S. Centers for Disease Control announced it has discovered an outbreak strain of Salmonella Newport, which has resulted in 125 cases throughout 15 states as of Tuesday afternoon.
Coronavirus outbreak at Iowa pork plant larger than state reported
The discrepancy adds to mounting questions that the state health department faces about its handling of public information during the pandemic.
Coronavirus PPP loans saved millions of jobs, new study finds
The SBA has disbursed $518 billion in aid to date, meaning that each job supported by PPP money cost about $224,000, the researchers estimated.
US EPA to propose first-ever airplane emissions standards, sources say
Aircraft account for 12% of all U.S. transportation greenhouse gas emissions and 3% of total such U.S. emissions
Pharma execs deny cutting corners in vaccine development, praise FDA for not lowering standards
Pharma execs said during a Tuesday briefing that pressure to develop a vaccine quickly will not result in lower regulatory standards.
Lockheed Martin boost sales forecast as Pentagon amps up contract awards
Defense contractors continued to operate relatively unscathed through the stay-at-home orders due to the COVID-19 pandemic after being deemed essential businesses.
US sanctions Chinese companies over Muslim abuse complaints
China said Tuesday it would take unspecified “necessary measures" after the U.S. government imposed trade sanctions on 11 companies.
House Democrats press US Postal Service on plans to delay mail
A determination to avoid crowds will also mean that voting by mail will be more popular this November
Nationals say Fauci will throw ceremonial first pitch on Opening Day
Fauci will be on hand when the Nationals begin their season against the New York Yankees.
FDA warns companies selling unauthorized e-cigarettes, vape juice
The focus on teen use of e-cigarettes has fallen by the wayside of late.
Coronavirus loans went to big companies first
Since the launch of the government's emergency lending program for small businesses on April 3, data shows a disproportionate distribution, favoring larger companies.
NY bar offers 'Cuomo chips' to satisfy gov's rule on alcohol sales
Harvey’s Restaurant and Bar in Saratoga Springs added the quick snack to comply with the governor’s latest edict on coronavirus safety, which was issued on Thursday and didn't explicitly say that chips weren't enough to satisfy the requirement.
Firms with troubled pasts got millions in PPP small-business aid
The government pushed to quickly lend more than $650 billion to businesses of all sorts based on an honor system that took companies’ claims at face value and offered the promise of loan forgiveness.
Trump prepared to cut more regulations: Wilbur Ross
Quicker approval times would be critical as the administration has reportedly been weighing a $1 trillion infrastructure plan.
What is a pyramid scheme?
The Federal Trade Commission describes it as a scam in which people within the pyramid are more likely to profit off the purchases or payments each recruit is required to make than they are off the sale of the actual product or venture being sold.
Cruises banned through September over coronavirus spread, CDC says
The CDC announced Thursday that cruise ships won’t be allowed to sail in U.S. jurisdictions until at least Oct. 1.
Barr says US now overly reliant on Chinese goods, services
Barr also accused hackers linked to the Chinese government of targeting American universities and businesses.
Mail delays likely as new postal boss pushes cost-cutting
Postal service officials have warned they will run out of money by the end of September without help from Congress
Are police in America militarized?
Some heavy-handed tactics by police during protests over the death of George Floyd have put the militarization of police back in the spotlight.