As a real estate meltdown ripples through the economy, small businesses and workers are owed hundreds of billions of dollars, and new projects have dried up.
Category: Regulation and Deregulation of Industry
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Thailand’s Marijuana Business Is Growing Despite Regulatory Risks
The country’s legal marijuana business — a rarity in Asia — is struggling with oversupply, illegal imports and regulatory ambiguity. Investors are piling in anyway.
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The U.S. Regulates Cars, Radio and TV. When Will It Regulate A.I.?
Congress has tended to be slow to respond to revolutionary technologies.
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Hawaiian Electric Was Warned of System Fragility Before Maui Wildfire
The utility knew it needed to upgrade its equipment but did not make changes that could have reduced risks of fires, energy experts said.
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Country Garden: Why Its Financial Crisis Poses a Risk to China
Country Garden was China’s biggest real estate developer. Now it is staring down default, facing billions of dollars in losses and $200 billion in unpaid bills.
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A.O.C. Thinks the U.S. Deserves Better Sunscreen
For years, American consumers have had to look abroad if they want the latest in sunscreen innovations. Some, including Rep. Alexandria Ocasio-Cortez, think it’s time to revisit F.D.A. approval procedures.
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Freight Railroads Seek Changes to Federal Safety Program Before Joining It
After the derailment in East Palestine, Ohio, the nation’s major freight railroads agreed to join a federal program for workers to report safety issues. But first, they want it to be overhauled.
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Driverless Taxis Can Expand San Francisco Services, Regulators Say
Autonomous Cruise and Waymo cars have been buzzing around the city for some time, and now can offer paid rides throughout it around the clock.
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U.S. Judge Strikes Down F.D.A. Regulation of Premium Cigars
Hand-rolled, specialty cigars should not be subject to the broader F.D.A. regulatory rules over tobacco use, a federal judge ruled.
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San Francisco Officials Hesitant to Expand Driverless Car Services
Local officials are worried that state regulators are too eager about a plan by the companies Cruise and Waymo to offer round-the-clock driverless taxi services.
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Banks Fined $549 Million Over Use of WhatsApp and Other Messaging Apps
The penalties add to nearly $2 billion in record-keeping fines last year for the improper policing of employee communications on private messaging services.