Amazon is accused of enrolling consumers into Prime without consent and making it hard to cancel
The Federal Trade Commission is suing Amazon for what it calls a years-long effort to enroll consumers without consent into its Prime program and making it difficult for them to cancel their subscriptions
2023-06-21 23:51
AI is a 'moment of revolution,' top Democrat says in urging swift action on regulations
Senate Majority Leader Chuck Schumer says the development of artificial intelligence is a “moment of revolution” that requires swift action from the government
2023-06-21 23:25
Biden administration moves to restore endangered species protections dropped by Trump
The Biden administration has proposed new rules for protecting imperiled plants and animals as officials move to reverse changes under former President Donald Trump that weakened application of the Endangered Species Act
2023-06-21 23:23
US boosts biofuel mandates over next 3 years, but biofuel groups feel shortchanged
By Stephanie Kelly and Jarrett Renshaw (Reuters) -The Biden administration on Wednesday increased the amount of biofuels that oil refiners
2023-06-21 23:20
US approves chicken made from cultivated cells, the nation's first "lab-grown" meat
Chicken grown from animal cells, not from slaughtered birds, can now be sold in the U.S. The Agriculture Department issued approvals Wednesday to California firms Upside Foods and Good Meat to sell the products, known as “lab-grown” or “cultivated” meat
2023-06-21 23:15
Fed's Powell: More rate hikes are likely this year to fight still-high inflation
With inflation in the United States still too high, most Federal Reserve officials expect to raise interest rates further this year, Chair Jerome Powell said in prepared testimony to be delivered to a House committee
2023-06-21 22:56
Amazon duped millions of consumers into enrolling in Prime, US FTC says
By David Shepardson WASHINGTON (Reuters) -The U.S. Federal Trade Commission filed suit against Amazon.com Inc on Wednesday, accusing the retailer
2023-06-21 22:52
FTC accuses Amazon of enrolling consumers into Prime without consent and making it hard to cancel
The Federal Trade Commission sued Amazon on Wednesday for what it called a years-long effort to enroll consumers without consent into its Prime program and making it difficult for them to cancel their subscriptions
2023-06-21 22:48
IRS reduces tax return backlog by 80% and is doing better job answering the phone
The IRS has processed tens of millions of tax returns faster this year compared with years past, and getting through to customer service on the phone is slowly improving
2023-06-21 22:22
Wall St set to open lower as Powell doubles down on inflation fight
By Shubham Batra and Johann M Cherian (Reuters) -Wall Street's main indexes were set to open lower on Wednesday as
2023-06-21 21:26
European Union countries agree on a new package of sanctions against Russia over the war in Ukraine
European Union countries have agreed on a new package of sanctions against Russia for its war against Ukraine
2023-06-21 21:22
UK's stubborn inflation fails to fall, turning up heat on BoE
By David Milliken and William Schomberg LONDON (Reuters) -British inflation defied predictions of a slowdown and held at 8.7% in
2023-06-21 21:21