Federal Trade Commission is investigating ExxonMobil's $60B deal to acquire a Texas oil company
Security filings show the Federal Trade Commission is investigating ExxonMobil’s $60 billion deal to acquire a Texas oil company, potentially one the largest energy industry mergers in two decades.
Open Society Foundations commit $50M to women and youth groups' work on democracy
The major philanthropy, Open Society Foundations, said Tuesday it will commit $50 million to increase civic engagement among women and youth over the next three years as part of its strategy to support democracy in the U.S. Alex Soros, chair of the Open Society Foundations and son of its founder billionaire investor George Soros, said in a statement that the advocacy of women and young people is essential to stopping the advancement of authoritarianism.
Tokyo Olympics sullied by bid-rigging, bribery trials more than 2 years after the Games closed
The bid-rigging trial around the Tokyo Olympics is playing out in a Japanese courtroom — more than two years after the Games closed — with advertising giant Dentsu and five other companies facing criminal charges.
GM's Cruise robotaxi service faces fine in alleged cover-up of San Francisco accident's severity
California regulators are alleging a San Francisco robotaxi service owned by General Motors covered up the severity of an accident involving one of its driverless cars, raising the specter they may add a fine to the recent suspension of its California license.
US agency to watch unrecalled Takata inflators after one blows apart, injuring a driver in Chicago
U.S. auto safety regulators say they are monitoring data from a group of mostly unrecalled Takata air bag inflators after one of them exploded in a BMW and hurled metal fragments that seriously injured a driver in Chicago.
Pilots flying tourists over national parks face new rules. None are stricter than at Mount Rushmore
Fewer airplanes and helicopters will be flying tourists over Mount Rushmore and other national monuments and parks as new regulations take effect that are intended to protect the serenity of some of the nation’s most beloved natural areas.
The Supreme Court wrestles with OxyContin maker's bankruptcy deal, with billions of dollars at stake
The Supreme Court is wrestling with a nationwide settlement with OxyContin maker Purdue Pharma that would shield members of the Sackler family who own the company from civil lawsuits over the toll of opioids.
Teen girls are being victimized by deepfake nudes. One family is pushing for more protections
A mother and her 14-year-old daughter are advocating for better protections for victims after AI-generated nude images of the teen and other female classmates were circulated at a high school in New Jersey.
Chicago and other northern US cities scramble to house migrants with coldest weather just ahead
Chicago is scrambling to house hundreds of asylum-seekers who are still sheltering on sidewalks, at police stations and at the city’s busiest airport as the cold weather sets in and with winter just around the corner.
X says Walmart pulled ads in October, weeks before Media Matters hate speech report and Musk rant
Walmart is the latest company to publicly join the growing flock of major advertisers to pull spending from X, Elon Musk’s beleaguered social media company, amid concerns about hate speech — as well as reaching a sizeable audience on the platform.
Facebook parent Meta sues the FTC claiming ‘unconstitutional authority’ in child privacy case
The parent company of Instagram and Facebook has sued the Federal Trade Commission in an attempt to stop the agency from reopening a 2020 privacy settlement with the company that would prohibit it from profiting from data it collects on users under 18.
Cristiano Ronaldo faces $1B class-action lawsuit for promoting for Binance NFTs
Portuguese soccer star Cristiano Ronaldo has been hit with a billion dollar class-action lawsuit over his role in promoting cryptocurrency-related “non-fungible tokens,” or NFTs, issued by the beleaguered cryptocurrency exchange Binance.
Total GivingTuesday donations were flat this year, but 10% fewer people participated in the day
The nonprofit organization GivingTuesday estimates that donors gave $3.1 billion this year on what has become one of the most important fundraising dates for U.S. nonprofits, the Tuesday after Thanksgiving.
Indiana judge dismisses state's lawsuit against TikTok that alleged child safety, privacy concerns
An Indiana county judge has dismissed a state lawsuit filed against TikTok that had accused the app of deceiving its users about the level of inappropriate content for children on its platform and the security of consumers’ personal information.
Buffett's Berkshire Hathaway says Haslams offered bribes to inflate Pilot truck stops earnings
Warren Buffett’s Berkshire Hathaway says the billionaire Haslam family tried to bribe at least 15 executives at the Pilot truck stop chain with millions of dollars to get them to inflate the company’s profits this year because that would force Berkshire to pay more for the Haslams’ remaining 20% stake in the company.
Memphis couple to remove references to Michael Oher being adopted as part of legal battle
A lawyer for the Memphis couple who took in former NFL player Michael Oher when he was in high school says references to Oher being their adopted son will be removed from the couple’s websites and public speaking materials as part of their legal battle over Oher’s finances.
GM says it can handle rising labor costs as it announces huge share buyback and dividend increase
Clearly frustrated with its languishing share price, General Motors is announcing a massive stock buyback plan, raised its dividend and told investors it can absorb increased labor costs from a six-week autoworkers strike.
Emirati-designated COP28 leader forcefully denies report UAE wanted to seek oil deals in summit
The Emirati president-designate for the upcoming United Nations COP28 climate talks has forcefully denied a report alleging his nation planned to use the summit to strike oil and gas deals, a day before the summit was due to begin.
Australia apologizes for thalidomide tragedy as some survivors listen in the Parliament gallery
Survivors of the harmful morning sickness drug thalidomide were in the public gallery when Australia’s Parliament made a national apology for what was described as one of the darkest chapters in Australia’s medical history.