Tesla shares surge on Trump’s regulatory plan for self-driving cars: report
Tesla shares rose 7.2% on Monday after reports that President-elect Donald Trump plans to speed up the regulatory process for self-driving cars. President Trump's transition team aims to make the federal framework for fully autonomous vehicles a top priority for the Department of Transportation, sources said. told Bloomberg. A streamlined regulatory system would greatly benefit […]
Eco-Activists May Have Inadvertently Gutted One Of Their Favorite Regulatory Systems
Environmentalists sued the federal government to stop activities they disliked, but a shocking ruling Tuesday by a federal appeals court weakens a regulatory system that has long served them well. There may be consequences. The U.S. Court of Appeals for the DC Circuit issued the following decision: Marine Audubon Society vs. Federal Aviation Administration (FAA) […]
Capri terminates Tapestry merger citing regulatory hurdles
See what's being clicked on FoxBusiness.com. The luxury fashion brand merger between Capri and Tapestry has officially been called off, the companies announced Thursday. abandon the merger This is because regulatory approval is unlikely. The proposed $8.5 billion merger was first announced in August 2023 but has faced scrutiny from the government. Federal Trade Commission […]
The harms caused by the Biden administration’s regulatory overreach
In the current political debate over critical national issues such as whether people should eat their pets, the most fundamental debate between Kamala Harris and Donald Trump, and indeed between Democrats and Republicans more broadly, is A discussion of one of the differences has been forgotten. The difference is regulatory. At least with the exception […]
Alaska Airlines and Hawaiian Airlines merger clears regulatory hurdle, will now be reviewed by Department of Transportation
A flight attendant attempts to clean up a flooded bathroom that let water into the cabin on an Alaska Airlines flight from Hawaii to Alaska (Photo by Dustin Parker/Facebook) Alaska Airlines and Hawaiian Airlines are one step closer to merging, according to statements released Monday. In a statement on its website, Alaska Airlines said the […]
Bank Regulatory Agencies Considering ‘Additional Steps’ to Govern Bank-FinTech Arrangements – PYMNTS.com
Three federal banking regulators said on Thursday they are considering “additional measures” to help banks effectively manage the risks associated with bank-fintech partnerships. The authorities: Joint statement Investigate banks’ third-party deposit agreements; Request Information About collaboration between banks and fintech. of Federal Reserve Board, Federal Deposit Insurance Corporation (FDIC) and Office of the Comptroller of […]
Albertsons and Kroger agree to pause merger amid legal, regulatory challenges
The FTC’s competition chief speaks on “The Claman Countdown” about the lawsuit to block the Kroger-Albertsons merger. Kroger and Albertsons The two companies agreed on Thursday to temporarily halt their proposed $25 billion merger while regulators take legal action to block the deal. The two companies Merger Pending The lawsuit filed by Colorado is proceeding. […]
Supreme Court upends regulatory challenges
Business and Economics Full text Boeing to buy supplier Spirit AeroSystems for $4.7 billion Boeing said Monday it plans to buy Spirit AeroSystems, a supplier it spun off from a subsidiary decades ago, in an all-stock deal for $4.7 billion. Full text Biden to extend overtime protections to 1 million workers President Biden has extended […]
Supreme Court extends regulatory statute of limitations clock in ‘swipe fees’ ruling
The Supreme Court made it easier to challenge federal regulations by ruling Monday that the six-year limitations period under the Administrative Procedure Act doesn’t start running until a plaintiff is harmed by a regulation. In an ideologically aligned 6-3 decision, the court’s conservative majority ruled that the statute of limitations does not start to run […]
Supreme Court Overturns Ruling Federal Agencies Relied On to Create Regulatory Gun Control
The Supreme Court of the United States (SCOTUS) on Friday Chevron v. National Resources Defense Council (1984) is a case that federal agencies have relied on to enact gun control laws. The American Gun Owners Association celebrated the 6-3 decision. Chevron’s tribute was rejected! https://t.co/qePkOMOmpA — American Gun Owners Association (@GunOwners) June 28, 2024 Chief […]