Visa, Plaid call off merger
Visa and Plaid have canceled their merger negotiations after the U.S. federal government took steps to stop the deal on antitrust concerns. Reuters reported: Visa and financial technology company Plaid said on Tuesday that they would terminate their $5.3 billion merger agreement following a U.S. government lawsuit aimed at stopping the proposed transaction on antitrust […]
FTCWatch seeks senior Federal Trade Commission reporter
FTCWatch, a twice-monthly publication, is seeking a senior reporter to cover the U.S. Federal Trade Commission and related matters. This position involves working with a team of reporters to provide thoughtful, exclusive journalism for finance, investment and legal professionals. Familiarity with the US regulatory process, especially as it involves competition and consumer protection, is required. […]
Modern Healthcare seeks a political reporter in DC
Modern Healthcare, the pre-eminent source for healthcare business news, is seeking an experienced reporter to cover health care policy and politics. This position reports, writes and produces for all Modern Healthcare print and digital publications and is expected to generate other forms of editorial content including but not limited to blog posts, podcasts, video, webcasts […]
U.S. slams Walmart with opioid lawsuit
The Justice Department has filed a lawsuit against Walmart alleging the retail giant helped fuel the opioid crisis. The AP’s Anne D’Innocenzio and Michael Balsamo reported: The Justice Department sued Walmart on Tuesday, accusing it of fueling the nation’s opioid crisis by pressuring its pharmacies to fill even potentially suspicious prescriptions for the powerful painkillers. […]
Congress finally agrees on Covid relief bill
U.S. lawmakers have agreed to provide a $900-billion Covid-19 relief package to businesses and households. Barbara Sprunt from NPR reported: After months of partisan squabbling, congressional leaders have reached agreement on a nearly $900 billion COVID-19 relief package. “At long last, we have the bipartisan breakthrough the country has needed,” Senate Majority Leader Mitch McConnell, […]
States sue Google for monopoly practices
38 states have accused Google of abusing its market position to boost even further the domination of its search engine. Reuters’ Diane Bartz and Paresh Dave reported: Google faced its third major lawsuit in two months on Thursday as 38 U.S. states and territories accused the $1 trillion company of abusing its market power to […]
Regulators accuse Robinhood of manipulating rookie traders
Massachusetts regulators have accused trading app Robinhood of purposefully targeting and manipulating inexperienced traders. Alex Veiga and Stan Choe from the AP reported: Regulators in Massachusetts claim Robinhood Financial targets and manipulates inexperienced investors and has failed to prevent costly outages on its popular stock trading platform. In an administrative complaint filed Wednesday by Secretary […]
FDA panel clears way for Pfizer vaccine
An FDA advisory panel has endorsed the Pfizer Covid-19 vaccine, clearing the way for final approval by the authority. Thomas M. Burton and Jared S. Hopkins from the Wall Street Journal reported: A Food and Drug Administration advisory panel recommended approval of the Covid-19 vaccine developed by Pfizer Inc. and BioNTech SE, clearing the way […]
Federal government sues Facebook for monopoly
The U.S. federal government along with most states launched a twin anti-monopoly lawsuit against Facebook. CNN’s Brian Fung reported: Dozens of states and the federal government sued Facebook (FB) on Wednesday in twin antitrust lawsuits, alleging that the social media giant has abused its dominance in the digital marketplace and engaged in anticompetitive behavior. The […]
BusinessDen seeks a reporter to launch government beat
BusinessDen.com, Denver, Colorado’s homepage for daily business news, is searching for a motivated reporter with experience to join our newsroom in the Mile High City. You will build a new beat for our newsroom, focusing on local government in Denver and surrounding municipalities. Other outlets cover these areas, so the ideal candidate is someone who […]
