Mifepristone, the first of two drugs in medication abortions, previously had to be dispensed only by clinics, doctors or a few mail-order pharmacies. Now, if local drugstores or chains like CVS agree to certain rules, they can provide it.
Category: Regulation and Deregulation of Industry
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Legal Use of Hallucinogenic Mushrooms Begins in Oregon
On Jan. 1, Oregon became the first state to allow adult use of psilocybin “magic” mushrooms. Licensed guides will likely determine whether the program is a success.
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The Downsides of Using ‘Buy Now, Pay Later’
Shoppers can quickly get approved for the services, but regulators are concerned that the loans lack important protections.
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Crypto Mogul Sam Bankman-Fried’s ‘Epic’ Legal Battle
The disgraced crypto entrpreneur was freed on $250 million bond, but is due back in court in early January on federal fraud charges.
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Microsoft Gambles on ‘Nice Guy’ Strategy to Close Activision Megadeal
Federal regulators have sued to block the $69 billion acquisition, but the company has settled on a path forward and is preparing to force the issue.
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Wells Fargo to Pay $3.7 Billion Over Consumer Banking Violations
The Consumer Financial Protection Bureau cited improper overdraft fees, account freezes, auto repossessions and misapplied home loan payments that have harmed millions of consumers since 2011.
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Amazon and E.U. Reach Deal to End Antitrust Investigation
The online retail giant avoided a major fine but agreed to changes that have long been sought by merchants who depend on Amazon to reach customers.
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Clean Energy Quest Pits Google Against Utilities
Google says it can’t meet its goals for renewable power unless state-regulated utilities, particularly in the Southeast, give way to market competition.
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GM Unit’s Self-Driving Taxis Are Subject of US Safety Investigation
The National Highway Traffic Safety Administration is looking into unexpected braking by cars operated by Cruise, a part of General Motors.
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Can a Federally Funded ‘Netflix Model’ Fix the Broken Market for Antibiotics?
Shortages and drug-resistant germs have renewed attention on a $6 billion proposal in Congress that would reconfigure the way antimicrobial drugs are developed and sold.
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A Traditional Exchange? FTX Was Anything But.
FTX called itself an exchange. But it was vastly different from stock exchanges, which are highly regulated and barred from engaging in many of the activities FTX pursued.