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Yahoo FinanceUS businesses 'on fairly strong legal ground' to mandate vaccine proof for customers: Law professor
Don’t be surprised if private businesses from employers to event venues close their doors to those who cannot provide a “vaccine passport” or proof they’ve been inoculated from COVID-19, University of Pennsylvania law professor Eric Feldman told Yahoo Finance Live.
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FTC fires back at Facebook, calling it an illegal 'personal social networking' monopoly
The Federal Trade Commission (FTC) on Wednesday fired back at Facebook’s (FB) bid to dismiss the regulator’s lawsuit seeking to break up the social media giant, as Big Tech continues to face scrutiny from the government.
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White House won't support 'vaccine passports' — Here's why they'd be hard to pull off in US
The White House affirmed Tuesday that the Biden administration has no intention of requiring Americans to carry documentation to prove their COVID-19 vaccination status.
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New York in 'unique position' as it competes with New Jersey for marijuana dollars
New York’s legalization of recreational marijuana last week paves the way for its cannabis market to develop into the second largest in the nation, and it has two key advantages over its neighbor, New Jersey.
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Rapper Ice Cube accuses Robinhood of trademark infringement in act of 'transparent retribution'
Stock trading platform Robinhood has a new legal opponent in rapper Ice Cube. The artist filed a federal lawsuit in California Wednesday accusing the company of damaging his reputation by using his image to promote its products, without his consent.
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Google, Facebook, Twitter CEOs accused of cashing in at kids’ expense in heated hearing
Things got personal Thursday during a virtual Congressional hearing to elicit testimony about misinformation online from three of the world's most powerful CEOs, with lawmakers demanding to know what concerns Facebook’s CEO Mark Zuckerberg, and Alphabet’s CEO Sundar Pichai, had about social media’s impact on their own children.
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Sallie Krawcheck: 'Not too big a surprise' that financial products are built for men
Sallie Krawcheck said male-dominated financial products help perpetuate the yawning wealth and earning gaps in the U.S.
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Facebook's Mark Zuckerberg on misinformation: 'There will always be things we miss'
Facebook (FB) CEO Mark Zuckerberg plans to tell House lawmakers on Thursday that he hopes Congress will take on "thoughtful reform" of Section 230 of the Communications Decency Act.
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Section 230 likely to take center stage at Big Tech hearing: 'Everyone's looking for something to blame'
The CEOs of Facebook (FB), Google (GOOG, GOOGL), and Twitter (TWTR), will appear before Congress again Thursday to answer lawmakers’ questions about the spread of disinformation and misinformation on their platforms.
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Square’s Cash App vulnerable to hackers, customers claim: 'They're completely ghosting you'
Without warning, hackers drained every dollar of cash, stock, or bitcoin out of accounts linked to Cash App, Square's (SQ)’s popular payments platform, six of its customers told Yahoo Finance.
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Why it would be ‘surprising’ for Facebook to get antitrust suits dismissed
Facebook is calling on a federal judge to toss out a pair of antitrust suits filed by the FTC and 48 attorneys general. But legal experts say it's not going to happen.
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'Why should our industry suffer?' Wine importer applauds US-EU tariff ceasefire
The European Union and U.S. on Friday temporarily halted tariffs on array of products including luggage, alcohol, produce in a boon for U.S. businesses that rely on revenue from these imports.
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Why 'vaccine passports' could be complicated to pull off in the US
While international governments are rolling out credentialing systems designed for their citizens to prove they’ve been inoculated against COVID-19, the concept of a government-mandated “vaccine passport” could be a non-starter in the U.S., due to legal and, perhaps more so, pragmatic barriers.
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Labor Department expands jobless aid for those forced to choose 'your money or your health'
Workers whose states denied them unemployment aid during the COVID-19 pandemic may be able to retroactively access benefits back to February 2, 2020, according to a new Labor Department rule issued Thursday.
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Governments need more money to fight Google antitrust cases, lawyer tells Congress
The power of Big Tech to tamp down potential business rivals stretches all the way into the courtroom, one witness told lawmakers Thursday during testimony before the House Judiciary Subcommittee on Antitrust. John Thorne, a partner with the law firm Kellogg, Hansen, Todd, Figel & Fredrick, testified that the Justice Department (DOJ) and state prosecutors lack the resources necessary to effectively enforce their antitrust laws and cases now pending against Google.
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Twitter's Jack Dorsey sued by shareholder over his dual role as Square CEO
Twitter (TWTR) CEO Jack Dorsey is facing a shareholder derivative lawsuit alleging that he breached his fiduciary duties to the company by giving advertisers broad access to Twitter users’ private data, and by violating the company’s own privacy policy.
- Yahoo Finance
Crypto price surge invites a torrent of crypto crime
Bitcoin soared past $50,000 per coin for the first time on Tuesday, and three days later its market cap surpassed $1 trillion. And as the prices of these digital assets increase, so does the temptation to heist cryptocurrency.
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Citadel CEO: 'We had no role in Robinhood’s decision to limit trading in GameStop'
Skeptics of the role that Citadel played in the GameStop (GME) trading frenzy can expect the hedge fund’s CEO, Kenneth Griffin, to flatly deny that the firm had any role in Robinhood’s decisions to halt trading of the stock.
- Yahoo Finance
Employer perks for COVID-19 vaccinated workers could draw legal challenges
A growing number of companies have dangled legally untested bargains, from extra compensation to paid time off, to entice employees to get the coronavirus vaccine.
- Yahoo Finance
Clover Health calls Hindenburg attack a desperate attempt to position itself as a 'white knight'
Clover Health Investments (CLOV) on Friday responded to an attack from Hindenburg Research claiming the tech-focused healthcare company concealed key information from investors, including an active Justice Department investigation.
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