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Booking.com executive said company ‘not viable’ without advertising on Google

Booking.com executive said company ‘not viable’ without advertising on Google

by Casey He | Oct 11, 2023 | Business, Featured

WASHINGTON – The head of marketing at Booking.com, the online travel agency, testified in federal court in Washington on Wednesday about Google’s dominance in the search engine and paid search markets – and how companies like his heavily depend on it. This bench...
Supreme Court takes to high seas in a case over denied insurance claim for damaged yacht

Supreme Court takes to high seas in a case over denied insurance claim for damaged yacht

by Pavan Acharya | Oct 10, 2023 | Business, Featured

WASHINGTON — The Supreme Court on Tuesday took up a rare case involving maritime law that could increase state or policyholder power over the federal law that historically governs maritime disputes. Maritime insurance contracts are governed by federal admiralty law,...
Supreme Court hears case that pits whistleblower rights against the scope of corporate power

Supreme Court hears case that pits whistleblower rights against the scope of corporate power

by Julian Andreone | Oct 10, 2023 | Business, Featured

WASHINGTON — The Supreme Court heard oral arguments Tuesday in a case that is being closely followed by corporations and whistleblower rights groups across the country. It will determine whether whistleblowers must prove an employer acted with a “retaliatory intent”...
FedNow is still FedLater: Banks are slow to adopt a faster payment service

FedNow is still FedLater: Banks are slow to adopt a faster payment service

by Matthew Vega | Oct 10, 2023 | Business, Featured

WASHINGTON — When American consumers deposit checks, they often wonder why it can take days to access their money even with all the modern technology that should be able to verify and transfer funds quickly. The Federal Reserve has introduced a new system to fix this,...
Biden’s antitrust enforcers are fighting to protect consumers, businesses from monopoly powers

Biden’s antitrust enforcers are fighting to protect consumers, businesses from monopoly powers

by Cate Bikales | Oct 6, 2023 | Business, Featured, Topics

WASHINGTON — She has been called a deal killer, an anti-capitalist and even a giant slayer. But as one of the Biden administration’s main antitrust enforcers, Lina Khan, chair of the Federal Trade Commission (FTC), said her main goal is to protect free and fair...
Supreme Court weighs on standing of disability advocates to bring forth lawsuits

Supreme Court weighs on standing of disability advocates to bring forth lawsuits

by Jessica Ma | Oct 4, 2023 | Business, Featured

WASHINGTON — The Supreme Court mulled over the question of standing on Wednesday — whether under the Americans with Disabilities Act, individuals can sue places of accommodation for lacking disability accessibility information, even if they don’t intend to stay.  The...
Senate Foreign Relations Committee discusses ways to combat Chinese investment tactics and corruption abroad

Senate Foreign Relations Committee discusses ways to combat Chinese investment tactics and corruption abroad

by Julian Andreone | Oct 4, 2023 | Business, Featured, National Security

WASHINGTON — The Senate Foreign Relations Committee met Wednesday to evaluate the potential reauthorization of the Better Utilization of Investments Leading to Development (BUILD) Act.  The BUILD Act, introduced in 2018 by Sen. Bob Corker, R-Tenn., and co-authored by...
Supreme Court could decide the future of consumer protection agency

Supreme Court could decide the future of consumer protection agency

by Matthew Vega | Oct 3, 2023 | Business, Featured

WASHINGTON — The Supreme Court heard oral arguments in Consumer Finance Protection Bureau (CFPB) v. Community Financial Services Agency of America (CFSA) on Tuesday, in a crucial case at the crossroads of Congress’s ability to fund government agencies and the...
Top election officials, experts call for stronger AI rules to safeguard elections

Top election officials, experts call for stronger AI rules to safeguard elections

by Casey He | Sep 28, 2023 | Business, Featured

WASHINGTON — Election experts, including a former head of the Federal Election Commission, warned members of Congress on Wednesday of the dangers of AI-generated content in elections.  Trevor Potter, a Republican who chaired the FEC under President Bill Clinton, said...
‘Raise revenue or cut benefits’: Budget Committee members debate future sources of Medicare funding

‘Raise revenue or cut benefits’: Budget Committee members debate future sources of Medicare funding

by Kristen Axtman | Sep 27, 2023 | Business, Featured

WASHINGTON – Sen. Sheldon Whitehouse (D-R.I.), chairman of the Senate Budget Committee, advocated for a bill he introduced in April that would fund Medicare for decades to come, according to an estimate released last week from the Centers for Medicare and Medicaid...
Yellen assures lawmakers that banking system is ‘sound’ while pledging collaboration with Congress on budget

Yellen assures lawmakers that banking system is ‘sound’ while pledging collaboration with Congress on budget

by Ishmael Bonsu | Mar 16, 2023 | Business, Featured

WASHINGTON – Treasury Secretary Janet Yellen on Thursday offered reassurances to lawmakers and the American public, pledging that the “banking system remains sound” as concerns over the stability of the U.S. financial system continue to mount. The recent decision to...
Sanders presses ahead with labor rights at hearing after showdown with Starbucks CEO

Sanders presses ahead with labor rights at hearing after showdown with Starbucks CEO

by Ishmael Bonsu | Mar 8, 2023 | Business, Featured, Topics

WASHINGTON –  Sen. Bernie Sanders (I-Vt.) kept up the pressure on attacking corporate interference to unionization on Wednesday, a day after he secured the voluntary cooperation of Starbucks CEO Howard Schultz to testify before a Senate committee. Sanders, chair of...
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