Big Tech Bill Approved by Senate Panel despite Pushback from Silicon Valley
The U.S. Senate Judiciary Committee has voted to pass a major bill placing limits on Big Tech, despite pushback from Silicon Valley lobbyists.
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US and UK in Talks to Resolve Dispute over Steel and Aluminum Tariffs
Officials from the United States and the United Kingdom have entered into joint talks in an effort to resolve the trade dispute over tariffs on U.S. steel and aluminum.
Djokovic Owns 80% Stake in Biotech Company Developing Non-Vaccine Covid Treatment, Report Shows
Tennis star Novak Djokovic and his wife own an 80 percent stake in a biotech company that is developing a non-vaccine treatment for COVID-19, according to a new report.
CEOs of Multiple Major US Airlines Warn 5G Could Ground Planes
Multiple CEOs from several major U.S. airlines have warned that 5G technology could cause huge disruptions to air travel by grounding planes.
FAA Sets New Rules for Some Boeing 787 Landings Near 5G Service
Federal safety officials have released new sets of rules for some Boeing 787 planes landing in areas that have 5G service. The Federal Aviation Administration (FAA) is directing operators of some Boeing planes to adopt extra procedures when landing on wet or snowy runways near impending 5G service. According to the FAA, the new rules … Read more
Insurance Companies Hit With $44 Billion in Losses during Pandemic
Insurance companies across America have been hit with $44 billion in losses during the pandemic.
Weekly Unemployment Claims Soar, Indicating Omicron Hit to Jobs Recovery
The number of weekly unemployment claims for American workers has spiked, indicating that the recent Omicron surge has hit the U.S. jobs recovery hard.
Bitcoin Outflows over $100 Million for January First Week, Crypto Market over $200M
During the first week of the year, cryptocurrencies suffered a total outflow of value equivalent to $207 million, according to a report by digital assets hedge fund CoinShares.
Novartis Seeks Emergency Use FDA Approval for New Covid Therapy
Swiss pharmaceutical corporation Novartis has announced that positive data from a clinical trial of COVID-19 therapeutic drug ensovibep has prompted the firm to seek emergency use approval from the United States Food and Drug Administration (FDA).
European Central Bank Policymakers Surprised by Record High Inflation
Policymakers at the European Central Bank (ECB) say they are surprised by Europe’s inflation rate soaring to a record high last month.