Category: Regulation and Deregulation of Industry

Senator Elizabeth Warren Criticizes Medigap Sales Incentives in New Report

The New York Times – Business:
Senator Elizabeth Warren has issued a report urging oversight of insurance brokers who are being offered financial incentives to push more expensive plans.
Biden Nominates Julie Su as U.S. Labor Secretary

The New York Times – Business:
President Biden’s choice to lead the Labor Department is the deputy to the incumbent, Martin J. Walsh, who is leaving the administration.
Lawmakers Propose Legislation to Tighten Rail Safety Regulations

The New York Times – Business:
The train that derailed in Ohio was exempt from some federal safety requirements because it was not carrying enough hazardous material to be considered “high hazard.” Lawmakers want to lower the threshold.
Supreme Court to Take Up Case on Fate of Consumer Watchdog

The New York Times – Business:
A decision against the bureau could cast doubt on every rule and enforcement action the Consumer Financial Protection Bureau has taken.
JetBlue and Spirit Unions Split on Airlines’ Merger

The New York Times – Travel:
Flight attendant unions at the two carriers are pushing in opposite directions as federal officials decide whether and on what terms to allow the deal.
Labor Board Curbs Gag Rules in Severance Agreements

The New York Times – Business:
The National Labor Relations Board said severance pacts requiring confidentiality and nondisparagement violated a law on collective worker activity.
Big Soda’s Alcohol Drinks Worry Health Experts

The New York Times – Business:
PepsiCo and Coca-Cola enter hard soda markets, causing concerns among regulators and researchers.
Government Cracks Down on Crypto Industry With Flurry of Actions

The New York Times – Business:
State and federal agencies have levied fines, brought new cases and issued policy statements to rein in freewheeling practices in recent weeks.
Norfolk Southern’s Profits and Accident Rates Rose Before Ohio Derailment

The New York Times – Business:
Safety experts say a focus on financial returns may be partly to blame for derailments and accidents like the one in Ohio.
Biden Labor Secretary to Depart to Run N.H.L. Players Union

The New York Times – Sports:
Martin J. Walsh, a former mayor of Boston, was regarded as an unusually visible labor secretary.
Tesla to Recall 362,000 Cars With Its ‘Full Self-Driving’ System

The New York Times – Business:
A federal auto safety agency said the technology can cause crashes, but said the company was unaware of any deaths of injuries caused by the flaws.
Carmakers Are Pushing Autonomous Tech. This Engineer Wants Limits.

The New York Times – Business:
Missy Cummings, who spent more than a year at the federal auto safety agency, said that drivers were putting too much trust in systems like Tesla’s Autopilot and that regulators needed to restrict their use.