Alexa

Writing off more of that 3-martini lunch is causing a stir

WASHINGTON (AP) — Stuffed into the new emergency relief package is a morsel that President Donald Trump has long had on the buffet of his economic wish list: restoring full tax breaks for restaurant b...

Fed finds big US banks in solid shape; keeps dividend limits

WASHINGTON (AP) — The Federal Reserve said Friday that the 33 largest U.S. banks are in strong shape despite the pandemic’s economic shock. The banks have ample capital cushions gird...

States making bold new legal claims in 2 Google lawsuits

WASHINGTON (AP) — As a wave of antitrust actions surges against Google and Facebook, states in two lawsuits are stretching beyond the cases made by federal competition enforcers to level bold new clai...

US, states crack down on scams bilking desperate Americans

WASHINGTON (AP) — Federal and state authorities say they are cracking down on a wave of illegal schemes that have proliferated during the pandemic and prey upon the desperation of people who have lost...

Watchdog raises possible Kushner link to $700M rescue loan

WASHINGTON (AP) — A congressional monitor of federal pandemic aid is raising the possibility of a link between President Donald Trump's son-in-law, Jared Kushner, and a $700 million relief loan to a s...

US antitrust siege of tech widens with lawsuits vs Facebook

WASHINGTON (AP) — The giant tech companies whose services are woven into the fabric of social life are now the targets of a widening assault by government competition enforcers. Regulators filed landm...

US govt, states bring antitrust action against Facebook

WASHINGTON (AP) — Federal regulators on Wednesday sued Facebook, seeking forced divestment of its Instagram and WhatsApp messaging services. In a separate case, 48 states and districts accused the com...

Senate OKs Trump pick for FCC, adding hurdle to Biden plans

WASHINGTON (AP) — The Senate has narrowly approved President Donald Trump’s lame-duck nominee to become a member of the Federal Communications Commission, setting up the agency for a stretch of partis...

For Big Tech, Biden brings a new era but no ease in scrutiny

WASHINGTON (AP) — The Obama-Biden administration was a charmed era for America's tech companies — a moment when they were lionized as innovators, hailed as job creators and largely left alone. ...

Facebook, Twitter CEOs facing questions on election measures

WASHINGTON (AP) — A Senate panel is calling on the CEOs of Facebook and Twitter to defend their handling of disinformation in the contest between President Donald Trump and Democrat Joe Biden. But the...

Facebook, Twitter CEOs to be pressed on election handling

WASHINGTON (AP) — The CEOs of Facebook and Twitter are being summoned before Congress to defend their handling of disinformation in the 2020 presidential election, even as lawmakers questioning them a...

3 social media CEOs face grilling by GOP senators on bias

WASHINGTON (AP) — The CEOs of Twitter, Facebook and Google are facing a grilling by Republican senators making unfounded allegations that the tech giants show anti-conservative bias. ...

Social media CEOs to face grilling from Republican senators

WASHINGTON (AP) — Less than a week before Election Day, the CEOs of Twitter, Facebook and Google are set to face a grilling by Republican senators who accuse the tech giants of anti-conservative bias....

Facebook, Twitter CEOs ordered to testify by GOP senators

WASHINGTON (AP) — The GOP push against Facebook and Twitter accelerated Thursday after Republican senators threatened the CEOs of the social media companies with subpoenas to force them to address acc...

U.S. antitrust case against Google mirrors Microsoft battle

WASHINGTON (AP) — The Trump administration's legal assault on Google actually feels like a blast from the past. The U.S. Justice Department filed an equally high-profile case against...