Facebook must be broken up, the US government says in a groundbreaking lawsuit

Brian Fung

December 10, 2020

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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FDA Says Pfizer-BioNTech Vaccine Is Safe, Effective

Thomas M. Burton and Jared S. Hopkins

December 8, 2020

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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Why Pfizer’s Covid vaccine has been authorized in the UK but not the U.S. yet

Berkeley Lovelace Jr.

December 3, 2020

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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Biden’s Transition Teams Suggest Tougher Wall Street Oversight

Alan Rappeport and Jeanna Smialek

November 17, 2020

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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Commerce Department Announces Stay of TikTok Shutdown Order

John D. McKinnon

November 12, 2020

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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The 10 most and least heavily regulated states

Kaia Hubbard

November 3, 2020

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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Banks navigate hazy regulations to serve cannabis businesses

Mengqi Sun

October 29, 2020

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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Dodd-Frank undermines the fight against Covid

John Berlau and Seth Carter

October 28, 2020

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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$10 billion crypto firm Ripple considers relocating to London over U.S. regulation

Ryan Browne

October 23, 2020

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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San Francisco Voters Will Have a Chance To Undo Regulations Strangling Small Businesses

Christian Britschgi

October 22, 2020

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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