Brian Fung
Dozens of states and the federal government sued Facebook 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.
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Thomas M. Burton and Jared S. Hopkins
The Food and Drug Administration said the first Covid-19 vaccine being considered for U.S. distribution “met the prescribed success criteria” in a clinical study, paving the way for the agency to green-light distribution as early as this weekend.
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Berkeley Lovelace Jr.
Pfizer had been submitting data on its vaccine with BioNtech on a “rolling basis” to the U.K., meaning regulators there were able to review the data in real time and do so until there was enough evidence to support a formal authorization.
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Alan Rappeport and Jeanna Smialek
For four years, Wall Street has benefited from the Trump administration’s push to loosen bank rules and weaken post-crisis financial regulations. President-elect Joseph R. Biden Jr. appears ready to shift things in the opposite direction, bringing back stricter oversight of the financial industry.
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John D. McKinnon
The Commerce Department said Thursday that it won’t enforce its order that would have effectively forced the Chinese-owned TikTok video-sharing app to shut down, citing a federal court ruling in Philadelphia.
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Kaia Hubbard
Rules that make up how states and their industries function aren’t equally distributed; some states are home to far more of those regulations than others, according to a recent report from the Mercatus Center at George Mason University.
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Mengqi Sun
Many financial institutions looking to offer banking services to the expanding number of legal cannabis growers and distributors in the U.S. are still limited by spotty regulations and expensive compliance efforts.
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John Berlau and Seth Carter
As U.S. manufacturers race to produce new vaccines, therapeutics and medical equipment to combat the pandemic, their efforts are impeded by a misguided decade-old government mandate enacted, ironically, for humanitarian purposes.
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Ryan Browne
Ripple, the $10 billion financial technology company best known for cryptocurrency XRP, is considering relocating its headquarters overseas due to frustration with the U.S. regulatory environment.
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Christian Britschgi
Prop H will make it easier for businesses to set up shop or readapt their space, all while preventing nosey neighbors from bringing everything to a halt.
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