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 […]
ProPublica hires Bedi to cover government agencies
ProPublica announced that Neil Bedi is joining its Washington, D.C., newsroom as a reporter covering federal government agencies. He starts Feb. 1. Bedi comes to ProPublica from the Tampa Bay Times, where he was an investigative reporter and developer, and brings a unique skill set to his journalism. A graduate of the University of California, […]
Talking Biz News Today — Nov. 4, 2020
Some of Wednesday’s top business news stories: Associated Press Cruise industry throws in the towel on 2020, looks to 2021, by Matt Ott Virus hospitalizations surge as pandemic shadows US election, by Alexandra Olson CNN ‘Surreal.’ Reporters share what it was like to cover the Trump and Biden campaigns, by Brian Stelter Waymo pulls self-driving […]
Reporter Rozen to cover White House for Bloomberg Industry Group
Courtney Rozen, a transportation reporter at Bloomberg Industry Group, covering federal transportation policy on Capitol Hill and the U.S. Department of Transportation, will now be covering the White House beginning in a few weeks. Prior to joining Bloomberg, Rozen has worked as an education desk intern at NPR and has also served as an intern […]
