The Biden administration has announced its official plans to address the issue of ballooning interest and alleviate the burden of student loan debt for borrowers.
Legal & Regulatory
Senate Hearings Grill Boeing Over Safety Concerns Following Midair Incident
Senate hearings scrutinized Boeing's safety culture and production quality after the midair incident. A CEO shakeup was announced, production curbs were imposed, and deliveries were halved.
Meta Wants Users to Pay for Their Privacy, Earning an Opposition From EU Privacy Watchdog
Meta's fee-based privacy model, facing opposition from the EU's privacy watchdog, prompts criticism for requiring users to pay for privacy protection, with advocacy groups calling for clarity on the issue.
Nestle Allegedly Adds Sugar, Honey to Baby-Food Products in Poorer Countries—Here's Why Parents Should Worry
Nestle is accused of adding sugar and honey to baby food products sold in poorer countries. Experts criticize the Swiss food firm for this.
FTC Eyes Lawsuit to Block the Merger of Two Top Fashion Companies Worth $8.5 Billion
The Federal Trade Commission (FTC) is reportedly gearing up to oppose Tapestry Inc.'s proposed $8.5 billion acquisition of Capri Holdings Ltd. Tapestry, known for brands like Coach and Kate Spade, aims to merge with Capri, which owns Michael Kors and Versace.
Latest News
The new tax increase raises the taxable portion of capital gains exceeding $250,000 Canadian (US$181,000) from half to two-thirds.
Meta CEO Mark Zuckerberg Cleared of Personal Liability in Child Addiction Lawsuits by Court Decision
Meta CEO Mark Zuckerberg cleared of personal liability in child addiction lawsuits. US District Judge dismisses claims, emphasizing the necessity of a "special relationship" for liability. Meta remains liable, and lawsuits are ongoing.
The bill aims to prevent gatekeeping by major platform operators like Apple and Google by restricting actions such as blocking third-party stores.
U.S. Treasury Secretary Janet Yellen announces forthcoming sanctions on Iran following its drone and missile attacks on Israel, using their oil exports to disrupt the country's destabilizing activities.
The US Department of Justice (DOJ) reportedly plans to sue Live Nation, the parent company of Ticketmaster, for federal antitrust violations.
President Joe Biden has refused to participate in the House impeachment inquiry. President Joe Biden has refused to participate in the House impeachment inquiry.
The FBI is investigating the March collapse of Baltimore's Francis Scott Key Bridge after local authorities found a fourth body.
The first auditor appointed by former President Donald Trump's social media company has reportedly resigned after just a brief tenure.
Today marks the last chance for certain Verizon customers to submit refund applications as part of a $100 million settlement resulting from a class-action lawsuit.
