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X files federal antitrust suit against GARM, WFA, CVS Health,

X files federal antitrust suit against GARM, WFA, CVS Health,

By Krystal Scanlon  •  August 6, 2024  • Ivy Liu Elon Musk, the controversial owner of ad-funded platform X, has followed through on his threat to sue a global alliance of advertisers over alleged antitrust activity. His company filed the federal lawsuit today in the U.S. District Court for the Northern District of Texas against

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US Federal Reserve Blocks Plans to Subject US Banks to

US Federal Reserve Blocks Plans to Subject US Banks to

According to Bloomberg, the US Federal Reserve is thwarting the European Central Bank’s (ECB) plan to require banks to focus on addressing climate risks. The ECB proposals seek to make climate risks a pillar of the global rules governing the banking industry. The rules also mandate that banks report the strategies they are using to