Category: Regulation and Deregulation of Industry

What’s Behind a $10 Chicken Over Rice From a Cart? An $18,000 Permit.

Blame rising costs, shrunken crowds and a black-market permit trade. Chicken over rice costs $10 at the Halal Plates, a cart in Lower Manhattan, up from $6 prepandemic.
Developers Pan Apple’s New Plan for App Store in Europe

To comply with European regulations, Apple has proposed reducing its commission on app sales while adding new fees and hurdles.
Tech CEOs Got Grilled, but New Rules Are Still a Question

Tech leaders faced a grilling in the Senate, and one offered an apology. But skeptics fear little will change this time.
Will Lawmakers Really Act to Protect Children Online? Some Say Yes.

After senators grilled the leaders of Meta, TikTok, X and others, there may be momentum to pass rules to safeguard the internet’s youngest users, some said.
Biogen Abandons Its Controversial Alzheimer’s Drug Aduhelm

The pharmaceutical company will give up its ownership rights to the drug and stop a clinical trial that had been aimed at confirming whether it works.
Unlikely Allies Want to Bar JBS, the Brazilian Beef Giant, From U.S. Stock Markets

Environmentalists and American meat producers alike are asking regulators to keep JBS, the world’s biggest meatpacker, off the New York Stock Exchange.
Boeing Faces Tricky Balance Between Safety and Financial Performance

The company is under pressure to show regulators and customers that it takes safety seriously and to reassure investors about its financial outlook.
After China Evergrande, Real Estate Crisis ‘Has Not Touched Bottom’

The forced liquidation of China Evergrande epitomizes the sector’s struggles: Nationwide, sales are down and millions of homes have been paid for but not delivered.
Amazon Scraps Deal to Buy Maker of Roomba Amid Regulatory Scrutiny

Amazon walked away from the $1.7 billion acquisition of iRobot as it faces questions from regulators in the European Union and United States.
Since the East Palestine, Ohio, Train Derailment, Accidents Have Risen

The total number of accidents for the top five freight railroads increased, and Congress still hasn’t passed legislation to prevent similar disasters.
The Key Issues for Business in a Likely Trump-Biden Rematch

Clean energy investments, trade policy and more than one kind of uncertainty could be on the line.
The Key Issues for Business in a Likely Trump-Biden Rematch

Clean energy investments, trade policy and more than one kind of uncertainty could be on the line.