United Airlines CEO Says He Sought Merger Talks with American Airlines
United Airlines CEO Scott Kirby confirmed he approached American Airlines about a potential merger, but the talks were declined amid competition concerns
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Elon Musk Sues OpenAI, Hits Sam Altman over Profit Shift
Elon Musk’s lawsuit accuses OpenAI and Sam Altman of abandoning their nonprofit mission as the AI firm grew into a lucrative enterprise
California Billionaire Tax Initiative Qualifies for November Ballot
A proposed one-time 5% tax on billionaires in California will appear on the November ballot after organizers submitted over 1.5 million signatures
Hundreds of Google Employees Urge CEO to Reject AI Work for Pentagon
Google AI workers call on CEO Sundar Pichai to halt efforts to adapt their technology for classified Pentagon projects over ethical and reputational concerns
FTC Bars MLM Leaders from Making False Earnings Claims
The Federal Trade Commission has taken action against senior MLM participants who misled recruits about potential income, enforcing restrictions to prevent deceptive earnings representations
Insider Trading Allegations Raise Concerns Over Prediction Markets
Prediction markets face scrutiny after revelations of insider betting by a soldier and politicians, prompting calls for tighter regulation in the U.S
Senator Tillis to Back Kevin Warsh’s Fed Chair Nomination
Senator Thom Tillis will support Kevin Warsh’s nomination for Federal Reserve chair after the Justice Department ended its investigation into Jerome Powell
FTC Takes Action Against False “Made in USA” Product Claims
The FTC announced enforcement actions against three companies for misleading advertising and labeling products as “Made in the USA” when they contained imported components
Maine Governor Vetoes Bill to Ban New Data Centers Amid Rising Energy Costs
Maine's governor vetoed legislation that sought to prohibit new data centers, as concerns rise over their impact on local energy bills for residents
FTC Bars Forever Living from Making False Earnings Claims
The FTC has ordered Forever Living and its executives to stop deceptive claims that misled participants about their potential income from the multilevel marketing…