Is GE Up Off the Ropes?
It's pretty hard to deny that General Electric Co. (NYSE: GE) stockholders suffered a bloodbath on Thursday. The company's shares had dropped 11% by the closing bell, following a scathing ...Read Full Story »
Government Regulation
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Whistleblower Sends GE Shares to the Doghouse
General Electric Co. (NYSE: GE) is having a bad day. The stock traded down nearly 14% early Thursday following a report from whistleblower Harry Markopoulos, the guy who brought down ...Read Full Story »
United Airlines Wants Its Pilots to Stay Sober Longer
We all know the dangers of driving when we’ve been drinking. Just imagine how perilous flying an airplane under those circumstances would be -- for the passengers and crew as ...Read Full Story »
America’s Unsafe Medical Products
The U.S. Food and Drug Administration (FDA) has issued five new safety alerts since the end of July, four related to product recalls and an update to previously issued alerts ...Read Full Story »
Americans Want the Minimum Age to Buy Tobacco Raised
In many states, people under 21 years old can buy tobacco products. Most Americans don't approve of this and want the age barrier to be above 21. This, in turn, ...Read Full Story »
America’s Unsafe Medical Products
The U.S. Food and Drug Administration (FDA) has issued six new safety alerts since mid-July, four related to product recalls and two safety communications, one of which is related to ...Read Full Story »
Could Amazon Lose the Pentagon JEDI Project?
New Secretary of Defense Mike Esper apparently wanted to start his term by making some noise. He accomplished that on Thursday by announcing a review of the bidding for a ...Read Full Story »
What’s the Difference Between Well Water and City Water?
Drinking water has become an increasingly larger issue as more cases of severe contamination make their way into the news. The most pronounced example of this is the Flint water ...Read Full Story »
Freddie Mac Sees More Home Buying, but There’s a Catch
Freddie Mac, a government-run corporation that buys home mortgages and packages them into mortgage-backed securities, said Tuesday in its monthly forecast on the mortgage market that low mortgage loan rates, ...Read Full Story »
Automakers Choose California Over Trump
Last Thursday, four automakers struck a deal with the state of California maintaining stricter fuel-economy and emissions standards than those proposed by the Trump administration. The companies involved in the ...Read Full Story »
Does $5 Billion Fine Cause Facebook Any Pain?
The U.S. Federal Trade Commission (FTC) on Wednesday announced that it has settled charges against social media giant Facebook Inc. (NASDAQ: FB) related to the user privacy rights violations. The ...Read Full Story »
Equifax Strikes a $671 Million Deal Over 2017 Data Breach
Investigations by 48 states; Puerto Rico; Washington, D.C.; the Federal Trade Commission; the Consumer Financial Protection Bureau; and the New York Department of Financial Services into the 2017 data breach ...Read Full Story »
If Washington Breaks Up Amazon, It May Look Like This
Management from Amazon, Google and Facebook have been called to Washington this week. The primary reason is for Congress to probe whether they are too powerful in their current states. ...Read Full Story »
Many Top Pharma & Biotechs Rise as Drug Price Disclosure Thrown Out
While the public wants more pharmaceuticals and biotech advancements to treat the endless number of ailments or to extend their lives, there is a simultaneous push to make drugs more ...Read Full Story »
What the Judge Did and Didn’t Say in the Drug Price Ruling
The U.S. Department of Health and Human Services (HHS) in May published a final rule that required drug makers to show the price of drugs costing more than $35 a ...Read Full Story »
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