Qualcomm CEO Cristiano Amon responds to a question during a keynote conversation at CES 2024, an annual consumer electronics trade show, in Las Vegas, Nevada, on Jan. 10, 2024. Steve Marcus | Reuters Qualcomm reported second-quarter earnings on Wednesday that surpassed Wall Street expectations, and provided a strong guide for the current quarter. Shares rose … Read more
A box of Ozempic and contents sit on a table in Dudley, North Tyneside, Britain, October 31, 2023. Lee Smith | Reuters The Federal Trade Commission on Tuesday said it is challenging hundreds of alleged “junk” patents held by pharmaceutical companies for 20 brand-name drugs, including Novo Nordisk’s blockbuster diabetes drugs Ozempic, Saxenda and Victoza. … Read more
WASHINGTON — When the Federal Trade Commission finalized a rule earlier this month banning non-compete clauses, the blowback was swift: Within 24 hours, the U.S. Chamber of Commerce led a handful of business groups to file a lawsuit seeking to block the ban. They argued that the FTC lacked the authority to impose it in … Read more
FTC Chairwoman Lina Khan testifies during a budget hearing of the House Energy and Commerce Subcommittee on Innovation, Data, and Commerce, April 18, 2023. Tom Williams | Cq-roll Call, Inc. | Getty Images The U.S. Chamber of Commerce and several other business groups on Wednesday sued the Federal Trade Commission in Texas federal court over … Read more
Federal Trade Commission Chair Lina Khan testifies before a House Judiciary Committee hearing on Oversight of the Federal Trade Commission, on Capitol Hill in Washington, D.C., July 13, 2023. Kevin Wurm | Reuters The Federal Trade Commission on Tuesday voted 3-2 for a nationwide ban against noncompete agreements, which companies use to prevent employees from … Read more
FTC Commissioner nominee Lina M. Khan testifies during a Senate Commerce, Science, and Transportation Committee hearing on the nomination of Former Senator Bill Nelson to be NASA administrator, on Capitol Hill in Washington, U.S., April 21, 2021. Graeme Jennings | Reuters The Republican-led House Oversight Committee is launching an investigation into President Joe Biden’s newly … Read more
Former New York Mayor Rudy Giuliani departs the U.S. District Courthouse after he was ordered to pay $148 million in his defamation case in Washington, U.S., December 15, 2023. Bonnie Cash | Reuters One of the largest donations to Rudy Giuliani’s legal defense fund is at the center of a new lawsuit that argues the … Read more
Procter & Gamble Co. Tide Pods brand laundry detergent. Daniel Acker | Bloomberg | Getty Images Over 8 million bags of liquid laundry detergent packets distributed in the U.S., including Tide and Gain, were recalled by Procter & Gamble Friday due to a “risk of serious injury” involving the product packaging. According to the Consumer Product Safety … Read more
Guest Jon Stewart on “The Late Show with Stephen Colbert” on June 17, 2019. CBS Photo Archive | CBS | Getty Images Comedian Jon Stewart said Apple asked him not to interview Federal Trade Commission Chair Lina Khan on a podcast while he was hosting his Apple TV+ show “The Problem With Jon Stewart.” His TV … Read more
A pedestrian passes an AT&T store in New York, U.S. Scott Mlyn | CNBC AT&T announced Saturday that it is investigating a two-week-old data breach that published millions of customers’ data on the dark web, a portion of the internet that can only be accessed using special software. The company has reset the passcodes of … Read more
