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...“This legislation is a clear violation of the First Amendment rights of TikTok’s 170mn American users,” he said in a memo to staff, according to people who saw it. “We’ll continue to fight.”...
...However, the bill was blocked by a federal judge in November before it was due to take effect on January 1. Montana is appealing against the decision....
...Crevoiserat: […] I’ll pick up the first part of that question in terms of the handbag category. This is an incredibly resilient and durable category....
...The US Federal Trade Commission has voted to ban non-compete agreements, taking aim at contracts that limit employees’ freedom to quit for a new job at a different employer....
...Robert Gordon’s The Rise and Fall of American Growth, which argued that the age of disruptive technology was over, came out around the same time....
...PBMs face increasing pressure from the Federal Trade Commission, the US antitrust regulator, and bipartisan legislation in the works aimed at encouraging the uptake of biosimilars....
...The Biosecure Act, introduced in the US Congress in January, would prohibit US companies receiving federal grant money from working with WuXi AppTec and any related entities....
...It has not been an ordinary year in the First State. About two-thirds of American companies are incorporated in Delaware, attracted to the small, mid-Atlantic state by its sophisticated legal system....
...Delta Air Lines last week raised the price of checking in a first bag from $30 to $35....
...Nonetheless, analysts have forecast bumper sales for the two drugs given the 7mn Americans and more than 50mn people worldwide suffering from Alzheimer’s....
...So a small decrease in reserve quantities could send banks scrambling for cash, and push the federal funds rate up....
...First, as I have argued in my pieces about Uber, is that stock-based compensation creates a strong bias in favour of stock buybacks....
...first-quarter earnings....
...Tesla reported a 9 per cent decline in first-quarter revenue, Spotify kicked off a more mature era for its business after years of freer spending, and the US Federal Trade Commission banned non-compete clauses...
...The Chamber of Commerce has been a vocal critic of the FTC’s move since it was first proposed in January 2023....
...“It’s clearly very important because this is the first one going to trial....
...The Biden campaign posted its first TikTok video on February 11, the day of the Super Bowl. It was viewed more than 10mn times....
...This shouldn’t be a shocking development, as Powell expressed concern about the potential downsides of the proposal when it was first released....
...The Wall Street Journal first reported the criminal probe and the existence of the grand jury on Wednesday. McKinsey and the DoJ declined to comment....
...(Nowadays, federal land surveying is dictated by a 500-page technical manual.)...
...Brazil and Mexico raised rates in the first half of 2021, while Chile, Colombia and Peru followed later that year. The US Federal Reserve and the European Central Bank did not raise rates until 2022....
...“Less oil and natural gas from federal lands means fewer jobs for Americans and, almost certainly, more money to the Middle East, Venezuela, Russia and Iran,” said Barrasso....
...Would-be homebuyers who have been dreaming of Federal Reserve rate cuts might need to dial down their hopes....
...Soumaya Keynes responds Hi Ed, First, I enjoyed your assessment that economists don’t know anything. Let’s keep expectations at that level, please....
...In fact, from the end of October through the first week of January, growth stocks and value stocks performed about equally well. Why has value kept pace up until recently?...
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