10:00 a.m. Nov. 28, 2020
One pandemic, two different worlds in Georgia runoff racesAcross the grounds of a south Georgia courthouse, scores of masked and socially distanced voters bowed their heads in prayer for the 260,000-plus Americans who have died from the coronavirus.
10:18 a.m. Nov. 27, 2020
7 Questions for the Most Powerful Woman in Tech
The European Union’s competition commissioner is holding Big Tech to account. Her next act could include more than just fines.
2:14 p.m. Nov. 25, 2020
Trump pardons Michael Flynn, in parting shot at Russia probe President Donald Trump pardoned former national security adviser Michael Flynn on Wednesday, taking direct aim in the final days of his administration at a Russia investigation that he has long insisted was motivated by political bias.
5:00 a.m. Nov. 25, 2020
- By Tomi Kilgore
Intuit, Credit Karma reach deal with DOJ to help complete $7.1 billion mergerShares of Intuit Inc. rose 1.7% in morning trading, after the parent of TurboTax tax preparation software said it reached an agreement with the Department of Justice (DOJ) regarding its , in which the Credit Karma Tax business will be sold to Square Inc. to help assuage antitrust concerns. The is contingent on the closing of the Intuit-Credit Karma merger. As part of the deal with Square, Intuit and Credit Karma will committed to provide certain transition services. Square's stock rallied 3.0% in morning trading. "We are pleased to have cleared this necessary regulatory review with DOJ and appreciate their careful consideration of this transaction," said Intuit Chief Executive Sasan Goodarzi. "Consumers will continue to benefit from the Credit Karma Tax product as part of Square." Intuit shares have rallied 33.9% year to date, while Square's stock has rocketed 234.0% and the S&P 500 has gained 12.2%.
6:39 p.m. Nov. 24, 2020
- By Mike Murphy
Trump reportedly mulling pardon for Michael FlynnPresident Donald Trump is considering a pardon for former national security adviser Michael Flynn, according to multiple reports Tuesday night.
3:23 p.m. Nov. 24, 2020
- By Mike Murphy
Biden says immigration bill, overturning Trump's executive orders will be priorities in first 100 daysBiden tells NBC News on Tuesday he'll seek a bill that provides "a pathway to citizenship for over 11 million undocumented people in America."
1:53 p.m. Nov. 24, 2020
Republicans sue to block vote certification in WisconsinRepublicans filed a lawsuit Tuesday asking the Wisconsin Supreme Court to block certification of the presidential election results even as a recount over President-elect Joe Biden's win over President Donald Trump is ongoing.
3:41 a.m. Nov. 24, 2020
- By Chris Matthews
From climate change to free-trading apps, brace for an aggressive SEC under Biden, experts sayPresident-elect Joe Biden will have the opportunity to nominate a new chairperson of the Securities and Exchange Commission starting Jan. 20, and given the likelihood of congressional gridlock, the choice could be one of the most consequential decisions he makes for financial markets and the economy in the coming years.
6:08 a.m. Nov. 20, 2020
Federal judge blocks Trump administration attempt at new criminal disqualifiers to asylumA federal judge on Thursday blocked a Trump administration rule about to take effect that would have put up new roadblocks for asylum-seekers convicted of a variety of crimes.
10:55 a.m. Nov. 19, 2020
Already under pressure of a tight deadline, the Census Bureau says it found anomalies when processing dataThe director of the Census Bureau said Thursday that irregularities have been found during the numbers-crunching phase of the 2020 census, a development that jeopardizes the statistical agency’s ability to meet a year-end deadline for handing in numbers used for divvying up congressional seats.
3:54 a.m. Nov. 19, 2020
Trump, gaining no traction in court, aims to disrupt state vote certifications in next bid to block Biden's pathGetting nowhere in the courts, President Donald Trump's scattershot effort to overturn President-elect Joe Biden’s victory is shifting toward obscure election boards that certify the vote as Trump and his allies seek to upend the electoral process, sow chaos and perpetuate unsubstantiated doubts about the count.
1:15 p.m. Nov. 18, 2020
U.S. drops drug-trafficking charges against ex–Mexican general following diplomatic backlashU.S. prosecutors on Wednesday formally dropped a drug trafficking and money laundering case against a former Mexican defense secretary, a decision that came after Mexico threatened to cut off cooperation with U.S. authorities unless the general was sent home.
10:28 a.m. Nov. 18, 2020
Judge orders Trump administration to stop expelling children who cross borderA federal judge on Wednesday ordered the Trump administration to stop expelling immigrant children who cross the southern border alone, halting a policy that has resulted in thousands of rapid deportations of minors during the coronavirus pandemic.
2:25 a.m. Nov. 18, 2020
- By Emily Bary
Visa's fintech ambitions go beyond pending Plaid dealVisa Inc. has been described as a monopolist by the federal government because of its ambitions in next-generation financial technology, but the head of Visa's fintech business believes that Visa is a help to fintechs and other startups.
1:09 a.m. Nov. 18, 2020
Apple halves app store fee for smaller developersApple Inc. is halving the commission it charges smaller developers that sell software through its App Store, a partial concession in its battle with critics over how it wields power in its digital ecosystem.
2:52 p.m. Nov. 17, 2020
U.S. is dropping case against Mexico's former defense secretaryThe U.S. Justice Department is dropping its drug trafficking and money laundering case against former Mexican defense secretary Gen. Salvador Cienfuegos, Attorney General William Barr said Tuesday.
2:16 p.m. Nov. 17, 2020
Bankruptcy judge approves federal settlement with Purdue PharmaProposed settlements between the federal government and OxyContin maker Purdue Pharma and its owners cleared a major legal hurdle Tuesday when a bankruptcy judge said they could move ahead.
9:06 a.m. Nov. 17, 2020
- By Robert Schroeder
Here’s who could be in Joe Biden’s cabinet As former Vice President Joe Biden readies for his return to the White House, Washington is speculating furiously over whom he'll pick to head the Treasury Department, the State Department, the Pentagon and more.
7:42 a.m. Nov. 17, 2020
- By Nicole Lyn Pesce
Howard Stern says Trump TV would fail within a year ‘like all the other businesses’ The shock jock and former Trump friend also called on the sitting president to concede the election to BidenThe shock jock and former Trump friend also called on the sitting president to concede the election to Biden.
11:34 p.m. Nov. 14, 2020
- By Quentin Fottrell
Joe Biden’s pandemic plan: Restore Obamacare, mandatory masks, paid sick leave and free COVID-19 tests The President-elect said: ‘Dealing with the coronavirus pandemic is one of the most important battles our administration will face’The President-elect said: ‘Dealing with the coronavirus pandemic is one of the most important battles our administration will face.’
8:36 a.m. Nov. 14, 2020
Why U.S. Election Results and China Moves Bode Well for Tech
Wedbush’s Daniel Ives says a split Washington and an easing of tensions with Beijing will benefit Big Tech.
3:39 p.m. Nov. 13, 2020
Mary Barra on General Motors’ All-Electric Future
The CEO spoke about selling electric vehicles at various price points and the need to convince buyers that an EV was “all upside.” She did skirt the Nikola controversy, but suggested the dividend might return next year.
1:28 p.m. Nov. 13, 2020
Pandemic or Not, Visa Remains a Growth Stock Stalking Its Biggest Rival, Cash
The credit-card operator has been around since the Eisenhower years. But, despite reduced spending during the pandemic, it has seen greater adoption as consumer eschew cash. That should pay dividends after the crisis is over.
7:34 a.m. Nov. 13, 2020
Google is being targeted by these tech companies urging regulators to take action against its 'clear abuse of dominance'A collection of some of Google’s greatest critics—and rivals—have called on European antitrust regulators to take immediate and tough action against the tech giant’s search-engine practices, which they allege constitutes “abuse” of the company’s market dominance.
2:06 p.m. Nov. 12, 2020
Acosta showed 'poor judgment' but no misconduct in Epstein case, DOJ saysA Justice Department report has found former Labor Secretary Alex Acosta exercised “poor judgment” in handling an investigation into wealthy financier Jeffrey Epstein when he was a top federal prosecutor in Florida. But it also says that he did not engage in professional misconduct.
8:20 a.m. Nov. 12, 2020
Appeals court upholds Harvard's use of affirmative action policies, moves case one step closer to the Supreme CourtA federal appeals court on Thursday upheld a ruling clearing Harvard University of discrimination against Asian American applicants.
12:40 p.m. Nov. 11, 2020
New Yorker fires Jeffrey Toobin after Zoom incidentThe New Yorker has fired longtime staff writer Jeffrey Toobin after he reportedly exposed himself during a Zoom conference last month. He had already been on suspension and is also on leave from CNN, where he is chief legal analyst.
6:10 a.m. Nov. 11, 2020
- By Jon Swartz
Amazon's EU troubles could be warm-up act for more regulatory actions vs. Big TechThe path to more antitrust scrutiny is clear. Shortly after the EU’s announcement, Rep. David Cicilline, D-R.I., chairman of a House antitrust subcommittee, doubled-down on his committee’s vow to consider legislation regulating some of tech’s biggest players.
2:52 a.m. Nov. 11, 2020
Why the Stock Market Is Ignoring the Covid-19 Resurgence
Biden moving forward with transition plan despite challenges, Supreme Court hears argument against Affordable Care Act, U.K. erects barricades against “hostile” takeovers, and other news to start your day.
3:47 p.m. Nov. 10, 2020
Trump loyalists take top Pentagon positions after Esper's ousterA day after President Donald Trump fired Defense Secretary Mark Esper, three staunch loyalists to the president were named to top defense jobs. Among them was a former Fox News commentator who failed to get through Senate confirmation because of offensive remarks he made, including about Islam.
12:47 p.m. Nov. 10, 2020
What a Biden Presidency Means for the Merger Boom
The change in administrations comes as mergers have pretty much rebounded since going on pause earlier in 2020 due to the Covid-19 pandemic.
8:17 a.m. Nov. 10, 2020
- By Levi Sumagaysay
Uber's purchase of Postmates approved by U.S., with some conditionsUber Technologies Inc. disclosed Tuesday that it expects to complete its acquisition of Postmates Inc. by the end of the year after the Justice Department approved the deal with conditions.
5:13 a.m. Nov. 10, 2020
- By Brett Arends
DOJ charges 'Dr. Cash' with securities fraud — what investors need to know A guaranteed 12% return? Really?
6:18 p.m. Nov. 9, 2020
Barr authorizes federal voting probes despite scant evidence of fraudAttorney General William Barr has authorized federal prosecutors across the U.S. to pursue “substantial allegations” of voting irregularities, if they exist, before the 2020 presidential election is certified, despite no evidence of widespread fraud.
2:16 a.m. Nov. 9, 2020
- By Jacob Passy
What a Biden administration will mean for housing-finance reform The Trump administration has pursued the recapitalization of Fannie Mae and Freddie Mac, but a Biden administration will likely have different goalsThe Trump administration has pursued the recapitalization of Fannie Mae and Freddie Mac, but a Biden administration will likely have different goals.
9:05 p.m. Nov. 8, 2020
Julius Baer says it's reached deal over FIFA probeJulius Baer Gruppe AG said Monday that it has reached an agreement in principle with the U.S. Justice Department to settle a probe into its role in corruption events concerning world soccer federation FIFA.
11:52 a.m. Nov. 8, 2020
Turkey's finance minister, Erdogan's son-in-law, resigns postBerak Albayrak said on Instagram that he was stepping down from his post for health reasons and would spend more time with his family.
10:58 p.m. Nov. 7, 2020
- By Jillian Berman
This man earns $21,000 a year and owes $24,000 in student debt after his college closed. Why wasn't anyone held accountable?The Department of Education has the legal authority to hold executives and owners personally liable for taxpayer losses, but hasn't, a new report argues.
5:28 a.m. Nov. 7, 2020
- By Ciara Linnane
Why cinema will survive the coronavirus pandemic In the end, our emotional attachment to moviegoing will fuel a recovery from 2020’s coronavirus-driven slumpCinema will survive the 2020 pandemic, but the uncertain outlook will create casualties.
2:00 p.m. Nov. 5, 2020
Texas attorney general's affair tied to criminal allegationsTexas Attorney General Ken Paxton had an extramarital affair with a woman whom he later recommended for a job with the wealthy donor now at the center of criminal allegations against him, according to two people who said Paxton told them about the relationship.