The cases could significantly affect the power and responsibilities of social media platforms.
Category: Regulation and Deregulation of Industry
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Regulators Announce Changes to Nursing Home Rating System
The New York Times – Business:The federal agency that oversees nursing homes has tightened rules around the use of powerful antipsychotic drugs.
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How the Netherlands Is Taming Big Tech
The New York Times – Business:Dutch privacy negotiators have spurred major changes at Google, Microsoft and Zoom, using a landmark European data protection law as a lever.
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From Disciplinarian to Cheerleader: Why China Is Changing Its Tone on Business
The New York Times – Business:With the economy in a fragile state, Chinese officials are starting to use more business-friendly language, and also to back their words with action.
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R.J. Reynolds Pivots to New Cigarette Pitches as Flavor Ban Takes Effect
The New York Times – Business:Now that California’s tobacco prohibitions are in place, some Camel and Newport items are billed as newly “fresh” or “crisp” non-menthol versions.
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SEC Fines Steve Easterbrook, McDonald’s Ex-CEO
The New York Times – Business:The Securities and Exchange Commission fined Steve Easterbrook for lack of disclosure about the circumstances behind his firing in 2019.
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Southwest’s Meltdown Could Cost It Up to $800 Million
The New York Times – Travel:The airline has not said how much it might have to spend to reimburse customers and upgrade its technology systems.
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U.S. Moves to Bar Noncompete Agreements in Labor Contracts
The New York Times – Business:A sweeping proposal by the Federal Trade Commission would block companies from limiting their employees’ ability to work for a rival.
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Coinbase Reaches $100 Million Settlement With New York Regulators
The New York Times – Business:The U.S. crypto exchange will pay a $50 million fine for letting customers open accounts with few background checks and spend $50 million to improve compliance.
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Why Are Energy Prices So High? Some Experts Blame Deregulation.
The New York Times – Business:California and the 34 other states that have deregulated all or parts of their electricity system tend to have higher rates than the rest of the country.
