McKinsey to pay $573 mln to settle claims for involvement in opioid crisis
Consultancy McKinsey has agreed with states to pay $573 million to settle claims it helped pharmaceutical companies market opioid painkillers. Reuters’ Nate Raymond reported: Consulting firm McKinsey & Co has agreed to pay at least $573 million to resolve claims by 40-plus U.S. states related to its role in the opioid epidemic and advice it […]
Robinhood, brokerages spark outrage as it limits trading in certain stocks
Robinhood, along with other online brokerages, has restricted trading in the stocks of GameStop, AMC and a new other companies that became targets of the WallStreetBets trading offensive on Reddit. The AP’s Alex Veiga reported: Robinhood and other retail brokerages took steps to tamp down the speculative frenzy surrounding companies such as GameStop, but the […]
Google threatens search engine shutdown in Australia
Google has threatened to exclude Australia from its search engine coverage if the local parliament passes a bill that would make the Big Tech major pay for news content. CNN’s Michelle Toh reported: Google says it will shut down its search engine in Australia if a controversial bill designed to benefit the news media becomes […]
Politico names eight to White House team
Politico editor in chief Carrie Budoff Brown sent out the following announcement on Wednesday: Hi all — POLITICO is proud to announce our dynamic new White House team — which will be led by Sam Stein, who picked a helluva first few weeks to dive right in, and Emily Cadei, who skillfully led our transition coverage and […]
FT names Politi its DC bureau chief
Financial Times announced Tuesday the appointment of James Politi as Washington bureau chief. Politi has served as the FT’s world trade editor since 2018, leading coverage of international trade, globalization, and multilateral economic institutions from Washington, where he is also the deputy bureau chief. Additionally, he is a contributor to Trade Secrets, the FT’s daily […]
Ballhaus joining WSJ’s investigations team
Rebecca Ballhaus, a reporter covering the White House for The Wall Street Journal, is joining the newspaper’s investigations team. She will focus on government-related stories. Ballhaus has been covering the White House and money in politics. During the 2016 election, she covered campaign finance in the presidential race. She was one of the reporters who […]
Biden proposes $1.9-trillion pandemic relief plan
President-elect Joe Biden has unveiled a pandemic relief plan worth a total $1.9 trillion, to include more stimulus checks and unemployment benefits. VOA News reported: U.S. President-elect Joe Biden unveiled a coronavirus response plan Thursday evening, emphasizing the urgency of passing legislation to help Americans through the pandemic and the economic crisis it has wrought. […]
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 […]
