Government

The coronavirus pandemic has yet to be firmly tucked into the history books even as a new health threat emerges: monkeypox, a rare infectious virus that has suddenly become more prevalent in Europe and is now being detected in North America. Should people be concerned that a new health crisis is...

Although California Governor Gavin Newsom’s proposal of eliminating cannabis cultivation taxes has received a lot of support, it also has its detractors. The measure has triggered criticism due to the rise of the retail excise tax on marijuana. The project aims to reduce tax pressure on licit...

A Microsoft Corp (NASDAQ: MSFT) search engine has made it more challenging in North America to look up politically sensitive people for China, the Wall Street Journal reports. Citizen Lab consistently found that Bing censored politically sensitive Chinese names. Bing’s...

A bipartisan group of senators led by Utah Republican Mike Lee introduced legislation targeting conflicts of interest in the advertising technology industry, the Wall Street Journal reports. The legislation could force Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL) Google to break up...

U.S. labor board prosecutors look to accuse Amazon.com Inc (NASDAQ: AMZN) of threatening staff against unionizing, proposing paying them minimum wage, and punishing an employee for seeking a paid Juneteenth holiday, Bloomberg reports. The National Labor Relations Board will file a...

Gas prices are high, energy stocks are all over the map, there’s a push to move to electric vehicles, and of course, a push against it.  Where does that leave us? Historically, progress is undefeated. While electric transportation has its shortcomings, it’s hard to see a future...

The Delaware House of Representatives spurned a bill to legalize and regulate marijuana sales on Thursday, reported Marijuana Moment. HB 372, which would set up a specific regulatory framework for the recreational cannabis market got 23 votes in support and 15 against. The bill did not...

Blackstone Inc's (NYSE: BX) $6.3 billion buyout of Crown Resorts Ltd (OTC: CWLDY) got delayed pending regulatory approval despite positive shareholder approval, Reuters reports. Gambling regulators in New South Wales, Victoria, and Western Australia found the Crown unfit to...

Danone SA (OTC: DANOY) has stepped up shipments of infant formula from Europe to address a shortage in the U.S., analysis of ocean cargo data by U.S. customs data and shipping consultancy Ocean Audit for Reuters shows. Danone is the world's second-biggest baby milk formula maker...

Microsoft Corp's (NASDAQ: MSFT) pitch to Brussels directly addressed competition worries with a clear geopolitical purpose prompted by recent complaints from smaller European cloud companies, the Financial Times reports.  Microsoft laid out a series of "principles"...

Rhode Island Senate & House Committees Send Cannabis Legalization Bill To Full Chambers Rhode Island lawmakers gave the green light to a bill to decriminalize, regulate and tax adult recreational cannabis use, sending it to the full Senate and House for consideration. Both chambers scheduled a...

The U.S. National Institutes of Health and Pfizer Inc (NYSE: PFE) are discussing testing a longer course of COVID-19 antiviral treatment Paxlovid, required to prevent reinfections, White House Chief Medical Officer Anthony Fauci said. "We're going to be planning what...

Deutsche Bank AG (NYSE: DB) is among several investment banks included in a comprehensive industry-wide U.S. regulatory probe, Bloomberg reports. The investigation determines the degree of employee reliance on private communication channels like Meta Platforms Inc (NASDAQ: FB)...

The FDA approved the intravenous (IV) formulation of SIGA Technologies Inc's (NASDAQ: SIGA) TPOXX for smallpox. The oral formulation of TPOXX (tecovirimat) is approved in the US, Canada, and Europe to treat smallpox.  The European approval also includes the treatment...

Former GameStop Corp (NYSE: GME) employee Trevon Mack prosecuted the video game retail company in a proposed class-action lawsuit for allegedly violating New York Labor Law, the Polygon reports. Mack and his lawyer asserted that GameStop workers qualify as “manual laborers,”...