Government Regulation

Demands Rise for Hyundai, Kia Recall Due to Engine Fires

The first complaint the National Highway Traffic Safety Administration (NHTSA) received related to apparently spontaneous engine fires in certain Hyundai and Kia vehicles came in July of 2010. Since then ...
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Is Tesla’s Model 3 the Safest Car Ever?

Last month, the National Highway Traffic Safety Administration (NHTSA) issued its overall safety rating for the Tesla Inc. (NASDAQ: TSLA) Model 3. Like its older siblings, the Model S and ...
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California Law Would Make Companies Have Just One Female Director

California's legislature has passed a bill, which Governor Jerry Brown will sign, that requires each company based in the state to have at least one female director in the near ...
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Twitter Worst-Performing S&P 500 Stock in Q3

As the third quarter drew to a close, Twitter Inc. (NYSE: TWTR) posted the worst performance of stocks that are part of the S&P 500 index. Its shares fell 35% ...
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Kentucky Bourbon Supply at Near-Record Level, Awaiting Impact of Tariffs

The state of Kentucky makes about 95% of the world's supply of bourbon. Right now the state has nearly two barrels in aging inventory for every one of its 4.4 ...
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Will Smaller Seats Hurt Airline Profits?

The U.S. House of Representatives has mandated that the Federal Aviation Administration set minimum sizes for seats on commercial aircraft. The bill in which the program is included goes to ...
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6 Most Important Things in Business Today

The European Central Bank posted an analysis of the economic effects of a trade war. According to MarketWatch: The U.S. economy could shrink by about 2% in the first year ...
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Can Internet Regulation Stop Bots and Trolls?

In the issue dated October 1, 2018, New Yorker writer Jane Mayer discusses a new book by Kathleen Hall Jamieson, a professor of communications at the University of Pennsylvania, in ...
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A Google Breakup Could Be Like Old AT&T

Could Google parent Alphabet Inc (NASDAQ: GOOG) be broken into pieces? Could Facebook Inc (NASDAQ: FB) suffer a similar fate? A look back at the history of tech and telecom ...
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Tesla Confirms DOJ Probe into Musk Comments

Last month, Tesla Inc. (NASDAQ: TSLA) CEO Elon Musk tweeted that he had "funding secured" to take the electric car maker private. The stock jumped 10% within minutes. Tuesday morning, ...
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10 Years Later, Many Deep Scars From the Financial Crisis Remain

It has been about 10 years since the collapse of Lehman Brothers and since the forced buyout of Bear Stearns. The financial crisis turned into the Great Recession, and many ...
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Government Slows Sprint Merger With T-Mobile

The merger between the third and fourth largest U.S. wireless carriers seems to be a lock. With nothing to stand in their way, managements of Sprint Corp. (NYSE: S) and ...
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Tech Takes Its Turn as Washington’s Big Target

The federal government has targeted major industries since at least the early 1900s when Teddy Roosevelt went up against J.P. Morgan Sr. Other huge battles between the United States and ...
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SEC Rejects Bitcoin ETFs for Inability to Prevent Fraud and Manipulation

The U.S. Securities and Exchange Commission (SEC) late Wednesday rejected nine different applications from firms seeking approval to create bitcoin-based exchange-traded funds (ETFs). This marks the second time in less ...
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US Energy Department to Sell 11 Million Barrels from Strategic Reserve

The U.S. Department of Energy on Monday announced that it would accept bids until 2:00 p.m. August 28 for 11 million barrels of sour crude oil to be sold from ...
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