Legal & Regulatory

FTC Blocks Tempur Sealy's Acquisition of Mattress Firm Over Competition Concerns

FTC Blocks Tempur Sealy's Acquisition of Mattress Firm Over Competition Concerns

The Federal Trade Commission has voted to prevent mattress maker Tempur Sealy from acquiring retail chain Mattress Firm, citing concerns that the merger would stifle competition.


FDA Approves Eli Lilly's Alzheimer’s Drug Donanemab, Expanding US Treatment Options

The FDA has approved Eli Lilly’s Alzheimer’s drug donanemab, branded as Kisunla, for early symptomatic adults, providing a new treatment option for nearly 7 million Americans affected by the disease.

Fintech Bankruptcy Locks Out 100,000 Americans With $265 Million in Deposits

The collapse of Synapse has left over 100,000 Americans with $265 million in deposits frozen since May 11, exposing flaws in fintech's reliance on third-party banking partnerships and prompting urgent calls for resolution from lawmakers.

Joe Biden Rule Extending Overtime Protections to 1 Million More Workers Goes Into Effect: Are You Qualified?

One million American workers whose wages are below the median individual pay will now be eligible for overtime protections, according to President Joe Biden.


Latest News

Cannabis Businesses Fail to Win Lawsuit Challenging US Marijuana Ban
A federal judge has dismissed a lawsuit filed by several Massachusetts cannabis businesses seeking to challenge the existing federal prohibition on marijuana.
Joe Biden Administration Can’t Pause New LNG Export Approvals, Judge Rules
A federal judge in Louisiana has blocked the administration of President Joe Biden from pausing the approvals of liquefied natural gas (LNG) export applications.
Lab-Grown Meat Firm Upside Foods Cuts Jobs Due to Regulatory, Financial Woes
Upside Foods announced that they were letting go of 26 of its staff and restructuring its executive and leadership teams to delegate processes more directly to staff due to legislative, regulatory, and financial issues.
Kanye West Faces Legal Battle as Former Yeezy Employees Sue for Harassment and Discrimination
Kanye West, now known as Ye, and his Yeezy brand are facing a lawsuit filed by eight former employees alleging harassment and discrimination.
Student Loan Repayments Set to Decrease as Appeals Court Backs Biden's Plan
A federal appeals court has permitted the US Education Department to implement a plan reducing monthly student loan payments.
Silvergate Bank to Pay $63 Million to Settle State and Federal Probes After FTX Collapse
Silvergate Bank agreed to pay $63 million to settle state and federal investigations following the collapse of crypto exchange FTX.
Thames Water Maintenance Work
Thames Water, Britain's largest water supplier, faces investigation after approving a £150 million ($198 million) dividend despite losing £500 million in pledged funding and debts.
Meta to Remove Posts Targeting Jews as 'Zionists' Amid Policy Update
The European Commission alleged that Meta violated digital laws under the Digital Markets Act (DMA) with its subscription-based ad-free model, and $13.5 billion in fines could be imposed.
BRITAIN-POLITICS-GOVERNMENT-WEATHER-FLOODS-STORM
Activists and the Information Commissioner's Office criticized the Environment Agency of England for refusing to disclose potential conflicts of interest among its directors related to water companies.
SYDNEY, AUSTRALIA
Australia is the first country to implement the toughest anti-vaping laws, requiring a doctor's prescription to purchase nicotine vapes from pharmacies in limited flavors to curb nicotine use.
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