Tagged: Government and regulatory coverage

Justice Department launches probe into Nikola

The Department of Justice has launched an investigation into electric car maker Nikola on allegations for misleading investors. The Wall Street Journal’s Ben Foldy reported: The Justice Department has joined U.S. securities regulators in...

Another million file jobless claims

More than a million Americans filed for unemployment benefits last week in the latest sign that economic recovery remains elusive. CNN’s Anneken Tappe reported: Another 1 million American workers filed for first-time unemployment benefits...

U.S. expands sanctions on Huawei

Washington has slapped further sanctions on Chinese electronics maker Huawei. Josh Horwitz and Hyunjoo Jin reported the news for Reuters: Ramped-up U.S. restrictions on Huawei are likely to cut off the Chinese smartphone maker’s...

Trump slaps ban on TikTok, WeChat

President Trump has issued a ban on U.S. transactions with ByteDance, the Chinese owner of app TikTok, and Tencent, owner of WeChat. David Shepardson and Alexandra Alper reported the news for Reuters: U.S. President...

Big Tech bosses face Congress scrutiny

The heads of the four largest tech companies in the world will today answer questions in a Congress hearing on possible anti-competitive practices. David Shepardson and Nandita Bose reported the news for Reuters: The...

UK bans Huawei tech from 5G network

The UK government has ordered mobile companies to stop buying 5G equipment from China’s Huawei and remove any existing Huawei equipment from the network. Leo Kelion reported the news for the BBC: The UK’s...

SABEW asks feds to release PPP recipients

The Society for Advancing Business Editing and Writing sent out the following statement on Monday: As the Paycheck Protection Program wraps up on Tuesday and as Americans prepare to celebrate Independence Day, SABEW highlights...