Cruise Recalls Driverless Vehicles Over Software Issue
Cruise, the self-driving vehicle unit of General Motors, has issued a voluntary software recall after California regulators suspended the company’s...
Regulatory Bodies
Microsoft’s Court Win Puts U.K. Regulator in Challenging Spot Over Activision Deal
Britain’s antitrust watchdog, the only major regulator preventing the deal from closing, says it is ready to consider a new...
Shipping Regulator to Steer Clear of Stricter Rules on Carbon Emissions
The lack of consensus on a timeline to cut greenhouse-gas emissions puts investments in green-energy transition projects at risk. Source...
Microsoft’s $75 Billion Activision Blizzard Deal Gets EU Approval
The decision comes weeks after the U.K. regulator rejected the agreement, saying it would crimp competition in the country’s gaming...
Biden to Nominate Philip Jefferson for Fed’s No. 2 Job
The president will also tap economist Adriana Kugler for a Fed board seat. If confirmed, she would be the first...
Fed Says It Failed to Act on Problems That Led to Silicon Valley Bank Collapse
Michael Barr, the Fed’s vice chair for supervision, said supervisors didn’t fully appreciate the extent of the vulnerabilities as SVB...
Fed Raised Concerns About SVB’s Risk Management in 2019
The central bank issued numerous warnings to SVB, suggesting the bank’s problems were on the radar of its primary federal...
Canadian Pacific’s Merger With Kansas City Southern Is Approved
BusinessSurface Transportation Board paves way for $28 billion deal, the biggest rail merger in two decades Source link
Didi Wins Approval to Restart New User Registration for Ride-Hailing Service
TechMove comes a year and a half after ride-hailing giant was targeted in a cybersecurity probe by Chinese authorities Source...
FCC Set to Gain More Power Over Prison Phone Call Rates
The federal regulator will have more power to tackle what it has called excessive charges for inmates making in-state phone...
Qatar Airways Says Airbus Exerted Influence Over Regulator in Paint Dispute
The airline made the accusation to a London court as part of a case in which it claims that surface-paint...
Microsoft’s Activision Deal Draws Further Scrutiny From U.K. Watchdog
The U.K.’s competition regulator said it would escalate its investigation into whether Microsoft Corp.’s MSFT 0.09% planned acquisition of Activision...
Google Loses Most of Appeal of EU Android Decision
BRUSSELS— Alphabet Inc.’s GOOG -5.86% Google lost most of its appeal to overturn the largest antitrust fine it has so...
Illumina-Grail Deal Blocked by EU’s Antitrust Regulator
BRUSSELS—The European Union blocked Illumina Inc.’s acquisition of Grail Inc., just days after the American life-sciences company won its case...
Fed Nominee Michael Barr Supports Rewriting Lending Rules, Cautious on Capital Requirements
WASHINGTON— Michael Barr, President Biden’s pick to become the government’s most influential bank regulator, told senators that he supports a...
WSJ News Exclusive | China Plans Reprieve for Tech Giants, Including Delaying New Rules, as Economy Slows
SINGAPORE—China is preparing to hit pause on its monthslong campaign against technology companies, according to people familiar with the matter,...
EU Regulator Cautions Twitter on Content Moderation
A top European Union regulator cautioned that social-media giant Twitter Inc. TWTR -3.91% will need to follow the bloc’s new...
Former Treasury Official Michael Barr Is Frontrunner for Top Fed Banking Regulator
WASHINGTON—Michael Barr, a former Treasury Department official, is the White House’s leading candidate to serve as the Federal Reserve’s top...
Sen. Joe Manchin Signals Opposition to Sarah Bloom Raskin for Fed Post
WASHINGTON—A key Democrat came out against Sarah Bloom Raskin’s nomination to become the Federal Reserve’s top banking regulator, likely dashing...
Google-Facebook Ad Deal Is Investigated by EU, U.K.
The European Union and the U.K. opened formal antitrust investigations into whether Alphabet Inc.’s GOOG -0.88% Google and Facebook FB...
