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Congressional Democrats urge U.S. to block Capital One-Discover deal – The Washington Post

Thirteen leading Democratic members of Congress on Sunday called on the Biden administration to reject the proposed merger of Capital One and Discover Financial Services, saying the merger would reduce banking and credit card options for customers and create expensive It warned that fees could be imposed. Lawmakers led by Sen. Elizabeth Warren (D-Mass.) also […]

‘I Have National Security Concerns’ About EVs — ‘Probably’ Need to Do More to Block Chinese EVs

In an interview aired Friday on CNBC’s “Closing Bell: Overtime,” Commerce Secretary Gina Raimondo said further steps “probably” need to be taken to prevent Chinese-made electric vehicles from flooding the market. “There are national security concerns,” he said. Electric car. “ asked co-host Morgan Brennan. saying China’s low-cost EVs will become an “survival issue” in […]

Crypto projects have received over $90 billion in all-time funding – The Block

According to The Block Research, the record total investment in cryptocurrencies and blockchain-related companies exceeded $90 billion. According to the same report, more than 50 deals have been completed so far this month, raising more than $90 billion in project funding. Block research datawhich has been tracking capital flows into the relatively new sector since […]

H&R Block used deceptive ads, deleted tax data: FTC

The Federal Trade Commission announced Friday that it had filed a complaint. H&R Block accused of deceptive marketing Online tax preparation software is free, but for many consumers it is not. The FTC also alleged that the company removed consumers’ tax data and required them to contact customer service when downgrading to a more affordable […]

US regulators grant Native American tribes authority to block hydopower projects

Federal regulators have given Native American tribes more power to block hydroelectric projects on their lands. The Federal Energy Regulatory Commission previously allowed developers to proceed even if tribes objected, but now tribes can immediately veto proposals. A spokesperson for the Navajo Nation’s Office of the President said the policy change recognizes and respects tribal […]

Zimbabwe VP says government will block LGBTQ scholarship initiative

Zimbabwe’s powerful vice president says his government will block university scholarships for LGBTQ+ youth, a move human rights groups described on Friday as perpetuating homophobic practices in the African country. The state university scholarships, aimed at people aged 18 to 35, are sponsored by GALZ, a membership organization for LGBTQ+ people in Zimbabwe. The association […]