Regulations Archives - Page 35 of 193

2 minute read

Microsoft Could Face Justice Department, FTC Probes Over Investment In ChatGPT Parent OpenAI

January 19, 4:24 PM

The Department of Justice and Federal Trade Commission both want to pursue an investigation into Microsoft's partnership with OpenAI, which had delayed a potential case.

MSFT

2 minute read

GE Aerospace To Assist Investigation Into Boeing 747 ‘Engine Failure’ After Midflight Fire

By Neil Dennis

January 19, 3:51 PM

GE providing assistance with investigations into Boeing 747 engine malfunction. Atlas Air and FAA also investigating. Boeing's reputation takes another hit.

ALK

2 minute read

Amazon’s AWS Sets Sight on Japan Expansion With $15.5B Investment, Announces John Felton as New CFO

By Anusuya Lahiri

January 19, 11:45 AM

Amazon's AWS to Invest $15.5 Billion in Japan for Data Centers, Aiming to Capitalize on AI Growth. This massive investment, spanning from 2023 to 2027, seeks to enhance AWS's capabilities in a key Asian market, outstripping its planned investments in India.

AMZN

2 minute read

Why Is Nvidia Stock Trading Higher Friday?

By Anusuya Lahiri

January 19, 9:22 AM

Nvidia and AMD stocks rally following Taiwan Semiconductor's impressive quarterly results and positive 2024 outlook. TSMC's reported revenue of $19.62 billion and expected low to mid-20% growth in FY24 boost semiconductor market confidence.

AMD

2 minute read

Why Is IRobot Stock Trading Tumbling Friday?

By Anusuya Lahiri

January 19, 8:32 AM

iRobot Corp's stock tumbles amid reports of the European Union's likely rejection of its merger with Amazon. The anticipated decision, which contradicts the UK CMA's approval, could significantly impact the robotic vacuum cleaner market and Amazon's expansion plans.

ADBE

3 minute read

What’s Going On With Alibaba and Other Chinese Stocks Friday?

By Anusuya Lahiri

January 19, 8:06 AM

Alibaba Group and Hong Kong stocks continue a downward trend, marking the worst start to a year since 2016. Alibaba's stock dropped 1.3%, reflecting broader market concerns over China's economic outlook. The Hang Seng Index fell 0.9%, hitting its lowest since October 2022, amidst weakening investor confidence in Chinese markets.

BABA

2 minute read

Boeing 737 MAX 9 Incident: FAA Chief Emphasizes Miss On Manufacturing Part And Not On Design

By Vandana Singh

January 18, 1:25 PM

FAA completes inspections on 40 Boeing 737 MAX 9 jets after cabin panel blowout incident. NTSB and FAA update senators on investigation. Ongoing audit reveals production issues at Boeing.

ALK

3 minute read

Financial Crime Weekly: SEC Unravels Microcap Pump-And-Dump; $16M Penalty Ordered On Medsis Securities Fraud

By Neil Dennis

January 18, 12:48 PM

Fraudsters entice retail investors into penny stock scam by creating appearance of active trade

CYLC

2 minute read

Medicare Patients Alert! Biden Administration Finalizes Rule to Streamline Health Insurance Prior Authorization

By Vandana Singh

January 18, 11:23 AM

Biden Administration's rule for health information exchange and prior authorization processes in government-backed insurance plans. Streamlined procedures, reduced wait times, and estimated $15 billion savings by 2026.

2 minute read

Intel Gains Ground in EU Antitrust Case with Court Backing Against Billion-Euro Fine

By Anusuya Lahiri

January 18, 10:49 AM

Intel Gains Upper Hand in EU Antitrust Case: Advocate General Laila Medina's opinion supports Intel's victory, stating lack of proof of market abuse. This aligns with a 2022 ruling that overturned a European Commission decision accusing Intel of unfair practices against AMD.

AAPL