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School cellphone bans take effect in some US states, as experts raise issues

Several U.S. states and school districts are heeding calls for stricter rules or even an outright ban on student cell phone use. Arizona is reportedly the latest state to try to limit use, with state lawmakers arguing that while districts can address the issue individually, broader legislation is needed. In April, Gov. Katie Hobbs vetoed […]

DOJ sues software firm, alleging pricing algorithm enables landlords to raise rents

The Department of Justice (DOJ) sued property management software company RealPage on Friday, alleging that the company’s pricing algorithms allow landlords to share sensitive pricing information and increase rents. The lawsuit, joined by attorneys general from North Carolina, California, Colorado, Connecticut, Minnesota, Oregon, Tennessee and Washington, alleges that RealPage violated antitrust laws by restricting competition […]

GOP leaders push House members to raise more cash to combat Harris enthusiasm

House Republican Campaign Chairman Richard Hudson (R-N.C.) urged lawmakers in a private conference call on Thursday to step up fundraising efforts and investments as Democratic enthusiasm grows following Vice President Harris’ announcement that she is running for president. Hudson’s plea, the Republican National Congressional Committee’s (NRCC) chairman, comes after the House Democratic Campaign Committee outraised […]

Jamie Dimon backs ‘Buffett Rule’ to raise taxes on millionaires

Billionaire banking executive Jamie Dimon has said he supports taxing the wealthy to pay down the national debt. The CEO of JPMorgan Chase said he supports the so-called “Buffett Rule,” which would require everyone making more than $1 million a year to pay a minimum effective tax rate of 30% on their income. Reducing the […]

JetBlue downgraded by S&P and Moody’s amid $3B debt raise

See what’s clicking on FoxBusiness.com Ratings agencies S&P and Moody’s downgraded JetBlue Airways after the airline announced plans to raise more than $3 billion in debt, much of it through its loyalty program, TrueBlue. The New York-based company’s shares plummeted 19%. JetBlue plans to raise $1.5 billion through a private offering of senior secured notes […]