Google’s Hidden Monopoly

The absence of stringent regulation has allowed the search giant to dominate the powerful market for online advertising. Here’s how to fix it.

#advertising-and-marketing, #alphabet-inc, #antitrust-laws-and-competition-issues, #computers-and-the-internet, #conflicts-of-interest, #doubleclick-inc, #gensler-gary-s, #google-inc, #jayapal-pramila, #law-and-legislation, #online-advertising, #regulation-and-deregulation-of-industry, #securities-and-exchange-commission, #texas

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High Hopes for Johnson & Johnson’s Covid Vaccine Have Fizzled in the U.S.

Production problems and a brief pause on its use kept the one-dose vaccine from becoming the game changer that health officials across the country believed it would be.

#coronavirus-2019-ncov, #drugs-pharmaceuticals, #emergent-biosolutions-inc, #factories-and-manufacturing, #gorsky-alex, #johnsonjohnson, #regulation-and-deregulation-of-industry, #rural-areas, #shutdowns-institutional, #states-us, #vaccination-and-immunization

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How Should We Handle Ransom Payments to Hackers? Very Carefully.

Efforts to reclaim extorted money must go hand in-hand with regulations on insurers.

#computer-security, #extortion-and-blackmail, #insurance, #regulation-and-deregulation-of-industry

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Is This the Big Tech Breakup We’ve Been Waiting For?

Representative David Cicilline’s bipartisan package takes aim at tech companies and would be the biggest antitrust reform in decades. But is it too little, too fragmented and way too late?

#antitrust-laws-and-competition-issues, #audio-neutral-informative, #computers-and-the-internet, #law-and-legislation, #mergers-acquisitions-and-divestitures, #regulation-and-deregulation-of-industry, #social-media, #united-states, #united-states-politics-and-government

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Texas Power Grid, Strained Last Winter, Now Faces an Early Heat Wave

Regulators have asked residents to start conserving energy after demand hit a June record just one week into the month.

#electric-light-and-power, #electric-reliability-council-of-texas, #global-warming, #greenhouse-gas-emissions, #power-failures-and-blackouts, #regulation-and-deregulation-of-industry, #texas, #weather

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Lina Khan Named F.T.C. Chair by Biden

Ms. Khan, who first attracted notice as a critic of Amazon, was confirmed by the Senate as a commissioner on the agency on Tuesday.

#amazon-com-inc, #antitrust-laws-and-competition-issues, #apple-inc, #facebook-inc, #federal-trade-commission, #google-inc, #khan-lina, #regulation-and-deregulation-of-industry, #united-states-politics-and-government

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F.D.A. Tells Johnson & Johnson That60 Million Vaccine Doses Cannot Be Used

The agency has not decided whether to allow a troubled vaccine factory in Baltimore to reopen.

#coronavirus-2019-ncov, #drugs-pharmaceuticals, #emergent-biosolutions-inc, #food-and-drug-administration, #johnsonjohnson, #regulation-and-deregulation-of-industry, #united-states-politics-and-government, #vaccination-and-immunization

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German Parliament Backs ‘Milestone’ Gender Quota for Company Boards

The legislation requires many public companies in Germany to have at least one woman on the supervisory board.

#boards-of-directors, #germany, #legislatures-and-parliaments, #regulation-and-deregulation-of-industry, #women-and-girls

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Lawmakers, Taking Aim at Big Tech, Push Sweeping Overhaul of Antitrust

A bipartisan group of House members introduced five bills that take direct aim at Amazon, Apple, Facebook and Google.

#amazon-com-inc, #antitrust-laws-and-competition-issues, #apple-inc, #computers-and-the-internet, #facebook-inc, #federal-trade-commission, #google-inc, #law-and-legislation, #regulation-and-deregulation-of-industry

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Keystone XL Pipeline Project Is Canceled

The embattled project to carry oil from Canada to Nebraska had been on life support since President Biden’s first day in office and stalled by legal battles for years before that.

#350-org, #biden-joseph-r-jr, #enbridge-inc, #energy-transfer-partners-lp, #global-warming, #indigenous-people, #keystone-pipeline-system, #nebraska, #obama-barack, #oil-petroleum-and-gasoline, #pipelines, #politics-and-government, #regulation-and-deregulation-of-industry, #republican-party, #tc-energy-corp, #trump-donald-j

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Uber and Lyft Ramp Up Efforts to Shield Business Model

Gig economy companies are backing state laws in New York and elsewhere that would cement drivers’ status as contractors in exchange for a union.

#car-pooling-and-ride-sharing, #collective-bargaining, #freelancing-self-employment-and-independent-contracting, #labor-and-jobs, #law-and-legislation, #lyft-inc, #new-york-state, #organized-labor, #regulation-and-deregulation-of-industry, #uber-technologies-inc, #wages-and-salaries

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How China’s Tencent Avoided an Antitrust Push, For Now.

Tencent’s popularity may help it avoid trouble with Beijing. But its vast power could still squelch innovation in the world’s largest online market.

#antitrust-laws-and-competition-issues, #beijing-bytedance-technology-co-ltd, #china, #computers-and-the-internet, #e-commerce, #entrepreneurship, #fines-penalties, #instant-messaging, #meituan, #mobile-applications, #politics-and-government, #regulation-and-deregulation-of-industry, #social-media, #tencent-holdings-ltd, #venture-capital

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Apple’s Fortnite Trial Ends With Pointed Questions and a Toast to Popeyes

A decision over the antitrust suit filed by Epic Games, and the future of the $100 billion market for iPhone apps, is now in the hands of a federal judge.

#antitrust-laws-and-competition-issues, #apple-inc, #computer-and-video-games, #cook-timothy-d, #decisions-and-verdicts, #epic-games, #games, #gonzalez-rogers-yvonne-1965, #iphone, #mobile-applications, #prices-fares-fees-and-rates, #regulation-and-deregulation-of-industry, #sweeney-tim-1970

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Pakistan’s Private Vaccinations Draw Criticism

An inoculation push, plagued with limited supplies and red tape, makes doses available to those who can pay for them. In a country with a struggling economy, most can’t.

#cansino-biologics, #china-national-pharmaceutical-group-corp-sinopharm, #coronavirus-2019-ncov, #drugs-pharmaceuticals, #hospitals, #income-inequality, #international-trade-and-world-market, #pakistan, #politics-and-government, #prices-fares-fees-and-rates, #regulation-and-deregulation-of-industry, #vaccination-and-immunization

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Yes, Pot Is Legal. But It’s Also in Short Supply.

Cannabis corporations are rushing to meet what is expected to be a “tidal wave” of demand in New York and New Jersey.

#hemp, #law-and-legislation, #marijuana, #medical-marijuana, #mid-orange-correctional-facility, #new-jersey, #new-york-state, #regulation-and-deregulation-of-industry, #warwick-ny

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Yes, Pot Is Legal. But It’s Also in Short Supply in NY and NJ

Cannabis corporations are rushing to meet what is expected to be a “tidal wave” of demand in New York and New Jersey.

#hemp, #law-and-legislation, #marijuana, #medical-marijuana, #mid-orange-correctional-facility, #new-jersey, #new-york-state, #regulation-and-deregulation-of-industry, #warwick-ny

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A Glimpse of a Future With True Shareholder Democracy

Big stock funds own increasingly large chunks of publicly traded companies, leaving fund shareholders without a vote on corporate governance. But there’s a better way.

#as-you-sow, #boards-of-directors, #coates-john-c-iv, #conflicts-of-interest, #gensler-gary-s, #mutual-funds, #regulation-and-deregulation-of-industry, #securities-and-exchange-commission, #shareholder-rights-and-activism

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Once Tech’s Favorite Economist, Now a Thorn in Its Side

Paul Romer’s call for government activism, particularly toward the big tech companies, reflects “a profound change in my thinking.”

#antitrust-laws-and-competition-issues, #computers-and-the-internet, #corporate-taxes, #economics-theory-and-philosophy, #facebook-inc, #online-advertising, #regulation-and-deregulation-of-industry, #romer-paul-m, #united-states-economy, #united-states-politics-and-government

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Why Are Tech Companies Pretending to Be Governments?

The decision-making theatrics of Amazon, Facebook and other tech companies underscore the need for government to play a larger role.

#amazon-com-inc, #computers-and-the-internet, #facebook-inc, #regulation-and-deregulation-of-industry, #relocation-of-business, #social-media, #the-end-of-the-myth-from-the-frontier-to-the-border-wall-in-the-mind-of-america-book, #uber-technologies-inc

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Archegos and the Huge Family Funds that Could Sink the Economy

Regulators have shockingly little insight into the inner workings of funds like Archegos. Here’s how to fix that.

#banking-and-financial-institutions, #derivatives-financial-instruments, #dodd-frank-wall-street-reform-and-consumer-protection-act-2010, #federal-reserve-system, #hwang-bill, #regulation-and-deregulation-of-industry

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China’s Biggest ‘Bad Bank’ Tests Beijing’s Resolve on Financial Reform

Chinese regulators say they want to clean up the country’s financial system, but a state-owned conglomerate may ultimately get in the way.

#banking-and-financial-institutions, #china, #china-huarong-asset-management-co, #credit-and-debt, #economic-conditions-and-trends, #foreign-investments, #regulation-and-deregulation-of-industry, #stocks-and-bonds

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As Congress Dithers, States Step In to Set Rules for the Internet

Virginia, Florida, Arkansas and Maryland are among dozens of states that have introduced bills to curtail the power of Amazon, Google, Facebook and Twitter.

#computers-and-the-internet, #consumer-protection, #corporate-taxes, #data-mining-and-database-marketing, #e-commerce, #law-and-legislation, #lobbying-and-lobbyists, #politics-and-government, #privacy, #regulation-and-deregulation-of-industry, #social-media, #state-legislatures, #states-us

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Biden Administration to Repeal Trump Rule Aimed at Curbing E.P.A.’s Power

The cost-benefit rule limited the way the E.P.A. could justify clean air regulations. Its repeal will take effect within 30 days.

#air-pollution, #environmental-protection-agency, #global-warming, #greenhouse-gas-emissions, #regan-michael-s-1976, #regulation-and-deregulation-of-industry, #trump-donald-j

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As Scrutiny of Cryptocurrency Grows, the Industry Turns to K Street

Companies behind digital currencies are rushing to hire well-connected lobbyists, lawyers and consultants as the battle over how to regulate them intensifies.

#banking-and-financial-institutions, #biden-joseph-r-jr, #binance, #bitcoin-currency, #blockchain-technology, #coinbase-inc, #conflicts-of-interest, #lobbying-and-lobbyists, #regulation-and-deregulation-of-industry, #ripple-labs-inc, #securities-and-exchange-commission, #trump-donald-j, #united-states-politics-and-government, #virtual-currency

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E-Commerce Mega-Warehouses, a Smog Source, Face New Pollution Rule

A plan aimed at the nation’s largest cluster of warehouses is designed to spur electrification of pollution-spewing diesel trucks and could set a template for restrictions elsewhere.

#air-pollution, #amazon-com-inc, #california, #e-commerce, #electric-and-hybrid-vehicles, #environment, #freight-cargo, #fuel-efficiency, #fuel-emissions-transportation, #global-warming, #greenhouse-gas-emissions, #long-beach-calif, #regulation-and-deregulation-of-industry

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S.E.C. Chair Gensler Emphasizes Transparency in Markets

In a hearing focused on the frenzied trading of GameStop stock, the new S.E.C. chairman suggests more disclosure is needed.

#archegos-capital-management-llc, #banking-and-financial-institutions, #gamestop-corporation, #gensler-gary-s, #house-committee-on-financial-services, #house-financial-services-committee, #regulation-and-deregulation-of-industry, #robinhood-financial-llc, #securities-and-commodities-violations, #securities-and-exchange-commission, #stocks-and-bonds

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Nick Clegg Steers Facebook’s Trump Decision

Nick Clegg, a former deputy prime minister, has shaped the company’s handling of Donald Trump at every turn.

#clegg-nick, #computers-and-the-internet, #corporate-social-responsibility, #facebook-inc, #freedom-of-speech-and-expression, #oversight-board-facebook, #regulation-and-deregulation-of-industry, #trump-donald-j, #zuckerberg-mark-e

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Facebook Oversight Board Set to Rule on Trump Ban

The panel of about 20 people, including academics and political leaders, will decide whether the company’s ban of former President Donald J. Trump will remain in effect.

#computers-and-the-internet, #facebook-inc, #freedom-of-speech-and-expression, #regulation-and-deregulation-of-industry, #social-media, #trump-donald-j, #zuckerberg-mark-e

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‘A Land Grab’ for a Piece of New York’s Marijuana Business

Cannabis companies and brokers are rushing into what could be a $4.2 billion industry, but for all the excitement, there are significant challenges.

#cannabis-foods-and-products, #cresco-labs, #marijuana, #medical-marijuana, #real-estate-commercial, #real-estate-brokers, #regulation-and-deregulation-of-industry, #renting-and-leasing-real-estate

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E.P.A. to Announce Sharp Limits on Powerful Greenhouse Gases

The Biden administration is moving quickly to limit hydrofluorocarbons, the Earth-warming chemicals used in air-conditioning and refrigeration.

#air-conditioning, #air-pollution, #environment, #global-warming, #greenhouse-gas-emissions, #regulation-and-deregulation-of-industry, #united-states-politics-and-government

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The Internet’s ‘Dark Patterns’ Need to Be Regulated

Regulators should crack down on “dark patterns,” widespread digital practices designed to deceive consumers.

#computers-and-the-internet, #consumer-protection, #regulation-and-deregulation-of-industry

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Apple’s App Store Draws E.U. Antitrust Charge

By forcing app developers to use its payment system and comply with other rules, regulators said Apple broke European Union competition laws.

#advertising-and-marketing, #antitrust-laws-and-competition-issues, #apple-inc, #e-commerce, #europe, #european-commission, #european-union, #mobile-applications, #mobile-commerce-and-payments, #regulation-and-deregulation-of-industry, #software, #vestager-margrethe

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Shake-Up at Covid Vaccine Manufacturer That Tossed Millions of Doses

Emergent BioSolutions’ C.E.O. announced several executive changes but vigorously defended the company, which is on track for record revenues.

#astrazeneca-plc, #coronavirus-2019-ncov, #drugs-pharmaceuticals, #emergent-biosolutions-inc, #factories-and-manufacturing, #government-contracts-and-procurement, #johnsonjohnson, #regulation-and-deregulation-of-industry, #vaccination-and-immunization

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‘A Perfect Positive Storm’: Bonkers Dollars for Big Tech

The dictionary doesn’t have enough superlatives to describe what’s happening to the five biggest technology companies, raising uncomfortable questions for their C.E.O.s.

#amazon-com-inc, #apple-inc, #company-reports, #computers-and-the-internet, #coronavirus-2019-ncov, #data-mining-and-database-marketing, #e-commerce, #facebook-inc, #google-inc, #microsoft-corp, #recession-and-depression, #regulation-and-deregulation-of-industry, #social-media, #stocks-and-bonds, #united-states-economy

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China’s Internet Antitrust Push Leads to Corporate Clashes

Internet companies are using the threat of government action as a cudgel against rivals. That could make the Communist Party the ultimate arbiter over the industry.

#alibaba-group-holding-ltd, #antitrust-laws-and-competition-issues, #baidu-inc, #china, #douyin-bytedance, #e-commerce, #mobile-applications, #regulation-and-deregulation-of-industry, #tencent-holdings-ltd, #tiktok-bytedance, #weibo-corporation

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Ron DeSantis Does Disease

Face it, Florida runs the universe.

#centers-for-disease-control-and-prevention, #coronavirus-2019-ncov, #cruises, #desantis-ron, #florida, #regulation-and-deregulation-of-industry, #ships-and-shipping, #united-states-politics-and-government

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Chipotle Is Sued by New York City Over Scheduling Practices

The city seeks $150 million in relief for employees, accusing the fast-food giant of “complete disregard” of a law governing workweeks.

#chipotle-mexican-grill-inc, #fast-food-industry, #labor-and-jobs, #new-york-city, #regulation-and-deregulation-of-industry, #suits-and-litigation-civil, #working-hours, #workplace-hazards-and-violations

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China and the Fall of Jack Ma’s Ant Group

Chinese regulators have a message for the finance sector: Tread carefully.

#banking-and-financial-institutions, #china, #economic-conditions-and-trends, #regulation-and-deregulation-of-industry, #xi-jinping

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Senate to Reinstate Obama-Era Controls on Climate-Warming Methane

Senate Democrats on Wednesday will use a once-obscure law to resurrect Obama-era regulations on methane that the Trump administration had wiped away.

#biden-joseph-r-jr, #environmental-protection-agency, #global-warming, #greenhouse-gas-emissions, #methane, #natural-gas, #oil-petroleum-and-gasoline, #regulation-and-deregulation-of-industry, #trump-donald-j, #united-states-politics-and-government

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Health Care in the U.S., as Seen From Abroad

We asked eight people around the world what they thought. It didn’t go well.

#health-insurance-and-managed-care, #regulation-and-deregulation-of-industry, #united-states

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Book Review: ‘Antitrust,’ by Amy Klobuchar

Klobuchar’s “Antitrust” looks at the history of policy toward trusts and monopolies, and calls for revitalized efforts to bring economic titans under control.

#antitrust-laws-and-competition-issues, #antitrust-taking-on-monopoly-power-from-the-gilded-age-to-the-digital-age-book, #books-and-literature, #klobuchar-amy, #regulation-and-deregulation-of-industry, #roosevelt-theodore, #united-states-politics-and-government, #wilson-woodrow

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Biden’s Bet on a Climate Transition Carries Big Risks

The president’s plans to cut emissions in half by 2030 relies heavily on a government effort to steer the development of new industries, but business leaders are fretting over the rapid timeline.

#american-jobs-plan-2021, #electric-and-hybrid-vehicles, #global-warming, #greenhouse-gas-emissions, #oil-petroleum-and-gasoline, #regulation-and-deregulation-of-industry, #solar-energy, #united-states-economy, #united-states-politics-and-government

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Money Market Funds Melted in Pandemic Panic. Now They’re Under Scrutiny.

In March 2020, the Federal Reserve had to step in to save the mutual funds, which seem safe until there’s a crisis. Regulation may be coming.

#banking-and-financial-institutions, #commercial-paper-finance, #coronavirus-2019-ncov, #federal-reserve-system, #financial-stability-oversight-council, #money-market-mutual-funds, #mutual-funds, #presidential-election-of-2020, #regulation-and-deregulation-of-industry, #securities-and-exchange-commission, #yellen-janet-l

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Biden Wants to Slash Emissions. Success Would Mean a Very Different America.

Hitting the targets could require a rapid shift to electric vehicles, the expansion of forests nationwide, development of complex new carbon-capture technology and many other changes, researchers said.

#biden-joseph-r-jr, #carbon-dioxide, #global-warming, #greenhouse-gas-emissions, #regulation-and-deregulation-of-industry, #united-states-economy, #united-states-politics-and-government

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Jack Ma Shows Why China’s Tycoons Keep Quiet

High-profile business leaders have been detained, sidelined or silenced as the Communist Party moves forcefully to keep companies in line. Today, the best strategy is to lie low.

#alibaba-group-holding-ltd, #alipay, #ant-financial-services-group, #china, #clark-duncan-author, #e-commerce, #entrepreneurship, #hangzhou-china, #ma-jack, #regulation-and-deregulation-of-industry, #tencent-holdings-ltd, #xi-jinping

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A Global Tipping Point for Reining In Tech Has Arrived

Never before have so many countries, including China, moved with such vigor at the same time to limit the power of a single industry.

#alibaba-group-holding-ltd, #amazon-com-inc, #ant-financial-services-group, #antitrust-laws-and-competition-issues, #apple-inc, #artificial-intelligence, #australia, #baidu-inc, #beijing-bytedance-technology-co-ltd, #censorship, #china, #computers-and-the-internet, #data-mining-and-database-marketing, #e-commerce, #europe, #european-commission, #facebook-inc, #law-and-legislation, #lobbying-and-lobbyists, #mobile-applications, #mobile-commerce-and-payments, #politics-and-government, #privacy, #regulation-and-deregulation-of-industry, #rumors-and-misinformation, #search-engines, #social-media, #united-states

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The Science of Climate Change Explained

Definitive answers to the big questions.

#agriculture-and-farming, #air-pollution, #content-type-service, #global-warming, #greenhouse-gas-emissions, #intergovernmental-panel-on-climate-change, #national-aeronautics-and-space-administration, #oil-petroleum-and-gasoline, #regulation-and-deregulation-of-industry, #research, #science-and-technology, #sustainable-living, #united-nations-framework-convention-on-climate-change, #wildfires

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Don’t Fear Cryptocurrencies. Manage Them.

The idea that regulation chills activity in new markets is intuitive, but not always accurate. Sometimes the opposite is true.

#bitcoin-currency, #coinbase-inc, #regulation-and-deregulation-of-industry, #united-states-politics-and-government, #virtual-currency

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How Worried Should You Be About the J&J Vaccine and Blood Clots?

Out of an “abundance of caution,” the F.D.A. is advising doctors to pause the Johnson & Johnson vaccine while it investigates extremely rare blood clots.

#astrazeneca-plc, #blood, #blood-clots, #centers-for-disease-control-and-prevention, #coronavirus-2019-ncov, #food-and-drug-administration, #johnsonjohnson, #regulation-and-deregulation-of-industry, #vaccination-and-immunization

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Archegos Left a Sparse Paper Trail for a $10 Billion Firm

In its eight-year history, the family office that managed the fortune of Bill Hwang never publicly disclosed any stock ownership. Securities lawyers said that was highly unusual.

#archegos-capital-management-llc, #banking-and-financial-institutions, #derivatives-financial-instruments, #hwang-bill, #regulation-and-deregulation-of-industry, #securities-and-exchange-commission

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