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On Wednesday, DOJ officials in the antitrust division filed their proposal for remedies in the case. The DOJ wants Judge Mehta to force Google to sell its Chrome browser. Officials from the Department of Justice, in a Wednesday filing, urged District Judge Amit Mehta to force Google to sell its Chrome browser. AdvertisementMehta will consider the DOJ's proposal before he makes a final ruling regarding remedies in this case. "But if Google is able to control the company that buys Chrome, the impact of selling the business would be minimal.
Persons: Amit Mehta, Judge Mehta, Mehta, Lee, Anne Mulholland, Eric Chaffee, it's, Peter Cohan, Neil Chilson, Chilson, Joe Biden's, Donald Trump, Trump, Biden, Cohan, Chafee Organizations: Google, DOJ, Department of Justice, Apple, Business, Bloomberg, Case Western Reserve University, Babson College, FTC, Chrome, Case
AdvertisementA bipartisan US congressional commission urges a "Manhattan Project" for AI to outpace China. Trump has previously called China the "primary threat" in the AI race. AdvertisementThe Manhattan Project was a secret program led by the US government during World War II to develop the world's first atomic bombs. Advertisement"We have to take the lead over China, China is the primary threat," he added. OpenAI also cited the Manhattan Project in its blueprint as one of the US's "iconic infrastructure projects that moved the country forward."
Persons: Trump, Donald Trump, Logan, Joe Biden's, OpenAI, Yoshua, Max Tegmark Organizations: China, China Economic, Security, Commission, General Intelligence, US Treasury Department, Business, Manhattan Project, Life Institute, MIT, Guardian, Elon Locations: China, US, Washington
Delta Air Lines CEO Ed Bastian said the Trump administration's approach to regulation could be a "breath of fresh air." Speaking to reporters ahead of Delta's investor day, Bastian noted that President-elect Donald Trump campaigned saying he would take a "fresh look" at regulation and bureaucracy. "We have to invest in this industry," American Airlines CEO Robert Isom said at the Skift Aviation Forum in Dallas last week. In an interview last week, Sun Country Airlines CEO Jude Bricker said: "We just need stability and resources at the DOT." Industry members and analysts also expect the incoming administration to be more open to mergers and consolidation.
Persons: Ed Bastian, Bastian, Donald Trump, Pete Buttigieg, Trump, Sean Duffy, Duffy didn't, Robert Isom, Jude Bricker, Joe Biden's Organizations: Delta Air Lines Inc, Delta Air, Trump, U.S . Department of Transportation, Delta, Fox Business, U.S, Federal Aviation Administration, American Airlines, Skift Aviation, Sun Country Airlines, Industry, Alaska Airlines, Hawaiian Airlines, Biden's Justice, Spirit Airlines, JetBlue Airways, JetBlue Locations: New York, Dallas, U.S
Changes to Russia's nuclear doctrine have been drawn up and will be formalized as necessary, the Kremlin said on Tuesday, signaling again Moscow's concern over the latest U.S. decision on missile strikes from Ukraine. The Kremlin called on Monday the reported decision by President Joe Biden's administration to allow Ukraine to fire American missiles deep into Russia reckless and it warned that Moscow will respond. Russia calls its war in Ukraine a special military operation, while Kyiv and its Western allies call it an unprovoked, imperialistic land grab. Western analysts have called the changes an escalation in Moscow's attempts to dissuade the West from expanding its military aid to Ukraine. The war in Ukraine has triggered the worst crisis in Moscow's relations with the West since the 1962 Cuban Missile Crisis.
Persons: Vladimir Putin, Dmitry Peskov, Joe Biden's, Volodymyr Zelenskyy, Putin, Peskov Organizations: Security, Kremlin, TASS, NATO, Reuters, Cuban Missile, Washington Locations: Constantine, Strelna, Saint Petersburg, Russia, Ukraine, Moscow, United States, The U.S, Korean, Washington, Kyiv
Gold gains 1% as dollar rally stalls
  + stars: | 2024-11-18 | by ( ) www.cnbc.com   time to read: +2 min
Gold prices rose on Monday after last week's sharp declines, as a rally in the dollar paused, while market participants awaited comments from Federal Reserve officials this week for more clues on the U.S. interest rate path. Gold prices rose on Monday after last week's sharp declines, as a rally in the dollar paused, while market participants awaited comments from Federal Reserve officials this week for more clues on the U.S. interest rate path. Spot gold firmed 1% to $2,587.49 per ounce by 0150 GMT, after falling to its worst week in more than three years on Friday. "Gold prices are due for a slight recovery following recent bout of hefty sell-offs and we may expect some drift higher with some rollover in the dollar," said IG market strategist Yeap Jun Rong. This has not been fully priced in by markets yet, so any need for recalibration may still pose an obstacle for gold."
Persons: Yeap Jun Rong, Joe Biden's Organizations: Federal Reserve, Fed, Strong U.S Locations: U.S, Ukraine, Russia
Oil prices edge higher after Russia-Ukraine tensions escalate
  + stars: | 2024-11-18 | by ( ) www.cnbc.com   time to read: +2 min
Crude oil storage tanks are seen from above at the Cushing oil hub, in Cushing, Oklahoma, March 24, 2016. Oil prices edged up on Monday after fighting between Russia and Ukraine intensified over the weekend, although concerns about fuel demand in China, the world's second-largest consumer, and forecasts of a global oil surplus weighed on markets. Russia unleashed its largest air strike on Ukraine in almost three months on Sunday, causing severe damage to Ukraine's power system. Investors also fretted over the pace and extent of interest rate cuts by the U.S. Federal Reserve that has created uncertainty in global financial markets. In the U.S., the number of operating oil rigs fell by one to 478 last week, the lowest since the week to July 19, Baker Hughes data showed.
Persons: Joe Biden's, Biden, Tony Sycamore, Brent, WTI, Baker Hughes Organizations: Brent, U.S, West Texas, IG, International Energy Agency, U.S . Federal Reserve Locations: Cushing , Oklahoma, Russia, Ukraine, China, Kursk, U.S
Biden allows Ukraine to use U.S. arms to strike inside Russia
  + stars: | 2024-11-17 | by ( ) www.cnbc.com   time to read: +4 min
Ukraine plans to conduct its first long-range attacks in the coming days, the sources said, without revealing details due to operational security concerns. Russia has warned that it would see a move to loosen the limits on Ukraine's use of U.S. weapons as a major escalation. Some congressional Republicans had urged Biden to loosen the rules on how Ukraine can use U.S.-provided weapons. Russia is advancing at its fastest rate since 2022 despite taking heavy losses, and Ukraine said it had clashed with some of those North Korean troops deployed to Kursk. Despite Zelenskiy's pleas, the White House had been reluctant to allow U.S.-supplied weapons to be used to strike targets deep inside Russia for fear this could escalate the conflict.
Persons: Joe Biden, Volodymyr Zelenskyy, Joe Biden's, Donald Trump, Trump, Richard Grenell, Grenell, Biden, Zelenskiy, Alex Plitsas, Radoslaw Sikorski, Putin, Sikorski Organizations: U.S, State Department, Trump, Biden, Korean, Atlantic Council, Bradley Fighting Vehicles, Abrams Tanks, White Locations: Ukraine, Kyiv, Russia, Korean, Washington, Ukrainian, U.S, Kursk, HIMARS
AdvertisementUkraine released a video showing an attack on a Russian armored convoy. The brigade said a Leopard 2 tank and other weaponry destroyed tanks and other vehicles. New video footage released by Ukraine shows a Leopard 2 tank attacking a column of armored Russian vehicles. The crew of the Leopard tank smash a column of Russian armored vehicles to pieces. According to the New Voice of Ukraine, the 33rd brigade is fighting in the major hotspot of Kurakhove, in Ukraine's Donetsk Oblast.
Persons: hasn't, zFsDVqOipR, 🐈🇺 Organizations: Ukraine's, Mechanized Brigade, 33rd Brigade Locations: Ukraine, Russian, Russia, Kherson
AdvertisementDonald Trump's cabinet choices suggest a skeptical direction of travel on Ukraine policy. Advertisement'Losing your allowance'The comments suggest that Trump would find little opposition if he moved to cut US aid to Ukraine. Ukraine's president, Volodymyr Zelenskyy, has said that US aid being cut would lead to Ukraine losing the war. Trump's son, Don Jr. — an influential figure albeit with no official role — seemed to relish the idea of Ukraine losing its funding. Trump's callIt remains to be seen how influential any of Trump's picks would be in shaping policy.
Persons: Donald Trump's, Trump, Donald Trump, hasn't, Ukraine —, Marco Rubio, Joe Biden's, Trump's, Vladimir Putin, Pete Hegseth, Shawn Ryan, Putin, Alfons Cabrera, Mike Waltz, Biden, Tulsi Gabbard, Volodymyr Zelenskyy, Don Jr, , Alexander Libman, Mark Cancian, Mylovanov Organizations: Ukraine, State, Defense, NBC News, Pentagon, Fox News, Getty, National Intelligence, Free University of Berlin, Marine Corps, Kyiv School of Economics, Economist Locations: Ukraine, Kyiv, America, Russia, Florida, Afghanistan, Iraq, Polish, Ukrainian, Russian, Kramatorsk, Donetsk Region, Europe
AdvertisementSome venture capitalists expect US President Donald Trump to dial back regulation, potentially making it easier to develop new technologies and do business in Silicon Valley. Related VideoWhile many in Silicon Valley dislike Trump, many VCs and startup founders crave more freedom to pursue riskier new technologies unburdened by regulation. E-acc," referring to the recent Silicon Valley movement that wants technological advancements in AI to move as fast as possible, without any guardrails. Regulation has held Silicon Valley back in recent yearsVCs during Biden's presidency have complained about how tough it's been to get deals done. AdvertisementVCs anticipate an innovation boomAmerica is a country of entrepreneurs, and that's especially true in Silicon Valley.
Persons: , Donald Trump, Elon, Ben Narasin, we've, Trump, Musk, cheekily, Vance, Augustus Doricko, Kamala Harris, Aaron Levie, Harris, Mark Pincus, Biden's, Louis Lehot, Foley, Lardner, Lina Khan —, it's, Biden, JD Vance, Khan, Mason Angel, who's, he's, Narasin, Ben Thompson, Rainmaker's Doricko, Angel Organizations: Service, Elon, Venture, White, Department of Government, Zynga, acc, Google, Microsoft, Nvidia, Federal Trade Commission, Department of Justice, Trump, Republican, Big Tech, FTC, SpaceX, Space Force Locations: Silicon Valley, Silicon
Nancy Pelosi told the NYT that Biden's actions made it "almost impossible" to have a primary. She joins the chorus of Democrats blaming Biden for Harris' loss on Tuesday. AdvertisementRep. Nancy Pelosi is blaming President Joe Biden in part for President-elect Donald Trump's victory on Wednesday. In an interview with the New York Times, Pelosi implied Biden should have dropped his presidential bid earlier and made time for an open primary. "Had the president gotten out sooner, there may have been other candidates in the race," Pelosi told the Times on Thursday.
Persons: Nancy Pelosi, Biden, Harris, Pelosi, , Joe Biden, Donald Trump's, Kamala Harris, couldn't, Pelosi didn't Organizations: Service, New York Times, Times, Democratic National Convention Locations: California
Kamala Harris is the Democratic presidential candidate for the upcoming 2024 election on Tuesday. Harris has a history as a district attorney, attorney general, and US senator. AdvertisementElection Day is on Tuesday, a moment that Democratic candidate Kamala Harris has been gearing up for since her nomination this summer. However, long before she served as vice president in President Joe Biden's administration, Harris had a political career as the district attorney of San Francisco and later as the attorney general of California. Here's a look at Kamala Harris' political career, in photos.
Persons: Kamala Harris, Harris, , Joe Biden's, Biden Organizations: Democratic, Service, Democratic National Convention Locations: San Francisco, California
North Korea fighting alongside Russia would be a serious escalation to the Ukraine war. Experts criticized a lack of decisive Western strategy in countering the threat. AdvertisementWestern allies have options to react to the threat of North Korean troops in Russia, but are hamstrung by fears of escalation, military experts told Business Insider. The fact that now a serious escalation looks possible thanks to North Korea is an indication of the failure of that policy, Hunter told BI. Western states are likely to have been quietly hoping that China might step in diplomatically and dissuade North Korea, Hunter said.
Persons: , Mark Rutte, Volodymyr Zelenskyy, Patrick Bury, Kim Jong Un, Edward Hunter Christie, Hunter, Richard Fontaine, It's, Jens Stoltenberg, Gabrielius Landsbergis, Emmanuel Macron, Landsbergis, Germany's Chancellor, Olaf Scholz, Ann Marie Dailey, Joe Biden's, Western Europe —, Biden, Dailey, we're Organizations: NATO, Service, Pentagon, UN, Politico, UK's University of Bath, Finnish Institute of International Affairs, Center, New, New American Security, Bloomberg, Biden, RAND Locations: Korea, Russia, Ukraine, Kursk, Europe, New American, Norway, Western, Congress, Poland, Russian, South Korea, Western Europe, North Korea, China
The Supreme Court is visible on July 29, 2024 in Washington, DC. In an op-ed in The Washington Post, U.S. President Joe Biden laid out his proposed reforms to the Supreme Court including 18 year term limits for Supreme Court Justices and a new code of ethics for the court ahead of a speech tonight at the Lyndon B. Johnson Presidential Library in Austin, Texas. Lawyers for Democratic President Joe Biden's administration had urged the Supreme Court to turn away the appeal, arguing that the plaintiffs lacked the required legal standing to sue the agency and that their claims are foreclosed by Supreme Court precedent. The current Supreme Court, with a 6-3 conservative majority, has taken an expansive view of presidential powers in recent years and has shown skepticism toward broad authority for federal agencies. This case gives the conservative justices a chance to rein in or depart from Humphrey's Executor.
Persons: Joe Biden, Lyndon, Joe Biden's, Jeremy Kernodle, Donald Trump, Kernodle's, Franklin Roosevelt's, Ted Cruz, Darrell Issa Organizations: Washington Post, Supreme, Johnson Presidential, The U.S, Consumers, Research, U.S . Consumer Product Safety Commission, Consumers ' Research, Democratic, Republican, Circuit, Appeals, U.S . Federal Trade Commission, Republican U.S Locations: Washington , DC, Washington, Washington Post , U.S, Austin , Texas, The, Texas, United States of America, New Orleans, United States
Host Bret Baier pressed Harris on a survey in which respondents said the US was on the wrong track. Harris touted her economic plans and said her presidency wouldn't be a continuation of Joe Biden's. AdvertisementKamala Harris faced off with Fox News host Bret Baier on Wednesday — and things got tense quickly. Harris said Trump's economic plan would "ignite inflation" and lead to a recession by the middle of next year. Related storiesBaier, who hosts "Special Report with Bret Baier," again cited the poll and pushed Harris to explain how she'd be different from Biden.
Persons: Kamala Harris, Bret Baier, Harris, wouldn't, Joe Biden's, , Baier, Donald Trump, he'd, what's, Joe Biden, I'm, Harris didn't, Trump Organizations: Fox News, Service, Biden, Marquette Law, Trump, Republicans Locations: Mexico
Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . "This is definitely a different agenda than previous presidents," Rebecca Allensworth, an antitrust expert at Vanderbilt University, told Business Insider. AdvertisementHere are some of the biggest companies Khan and Biden have targeted. "I think there's a reason why they have one big monopolization case, at least, against each of the four major American tech companies," Allensworth told BI.
Persons: Joe Biden's, Biden, , Joe Biden, Rebecca Allensworth, Kamala Harris, Lina Khan, Khan, Rafael Henrique, Merrick Garland, Alain Jocard, Sundar Pichai, Justin Sullivan, Jeff Bezos, EMMANUEL DUNAND, WhatsApp, Allensworth, it's Organizations: Google, Apple, Meta, Microsoft, Service, Vanderbilt University, Big Tech, Federal Trade Commission, Nvidia, OpenAI, Department of Justice, The New York Times, FTC, Getty, Justice Department, Nation Entertainment, Prosecutors, DOJ, The, Department, Amazon, Tech, JetBlue, Spirit Airlines, Albertsons Companies Locations: OpenAI
Hurricane Helene has devastated communities in North Carolina. "There was a crowd of about 100, 200 students sitting in the middle of a Walmart in the tech department trying to call our parents," Nelson told Business Insider. AdvertisementAbby Nelson, a WCU student, had to huddle in a Walmart to call her parents after Hurricane Helene hit. AdvertisementAshley Wahlers and Asa Hoffman left UNC Asheville after Hurricane Helene hit the campus. Courtesy of Aly AndrewsRecovery efforts for Hurricane Helene continue.
Persons: Helene, , Abby Nelson, Nelson, Nelson wasn't, Hurricane Helene, they're, That's, I'm, it's, Asa Hoffman, Ashley Wahlers, Hoffman, Wahlers, he's, he'll, she's, Aly Andrews, Andrews, Joe Biden's, Patrick Curry, Curry Organizations: North Carolina . College, Service, West Carolina University's, Walmart, Business, North, University of North, University of North Carolina Asheville, UNC Asheville, DoorDash, FEMA Locations: North Carolina, West Carolina, Illinois, University of North Carolina, Asheville, Chapel Hill, Hurricane, Yancey County
Millions of student-loan borrowers have faced legal whiplash over the past 24 hours. A Missouri judge blocked Biden from carrying out his broader debt relief plan just hours after receiving the case. The ruling came before the Education Department had even published the final rule for the debt relief. That's because the lawsuit argued the relief would hurt the revenue of student-loan company MOHELA, which is based in Missouri. Advertisement"The Department of Education is extremely disappointed by this ruling," a department spokesperson told Business Insider.
Persons: Biden, , It's, Joe Biden's, Matthew Schelp, Donald Trump, Schelp, Biden's, hasn't, servicers, Andrew Bailey, Sen, Elizabeth Warren, Trump Organizations: Education Department, Service, GOP, MOHELA, Department, Department of Education, Republican, of, Higher, Missouri, else's Ivy League Locations: Missouri, Georgia, Eastern, of Missouri
The September jobs report came in stronger than expected, with 254,000 jobs added. AdvertisementThe latest jobs report might be just what Vice President Kamala Harris needs. The latest jobs report could change that — taking away some of former President Donald Trump's ammunition to hammer Harris on the economy. AdvertisementRecent days have included not only a stellar jobs report but also the end for now of the dockworkers' strike at East Coast ports. "With today's report, we've created 16 million jobs, unemployment remains low, and wages are growing faster than prices," the statement said.
Persons: Kamala Harris, Trump, Harris, Biden, , Joe Biden, Donald Trump's, Matt Colyar, Colyar, Pew, leaners, they're, we've, Labor Julie Su, We've, we're Organizations: Service, Moody's, University of Michigan's, Consumers, Pew Research Center, Democratic, Republican, The New York Times, Siena College, Pew Research, Labor Locations: East Coast
Tim Walz took the stage in their first and only debate on Tuesday. Tim Walz in the pair's only debate of their vice presidential campaigns. AdvertisementAccording to polling, Vance has become one of the least-liked vice presidential candidates in history. The vice presidential debate is likely the last major debate of the campaign, as the presidential nominees haven't agreed to a second appearance after their September 10 face-off. "Vance's casual use of 'Tim' when addressing Walz subtly diminished Walz's authority, creating an impression of informality that worked in Vance's favor," Bui said.
Persons: Sen, JD Vance, Tim Walz, Vance, , Ohio, Walz, Benjamin Radd, backtrack, Trumper, Radd, Crystal Bui, George Floyd's, Bui, Harris, Kamala Harris, Joe Biden's, haven't, Tim, Susan McWilliams Barndt, McWilliams Barndt, I'm Organizations: Gov, Service, Minnesota Gov, UCLA, UCLA Burkle Center for International Relations, Democratic, Spotlight Communications, Trump, Pomona College, Business Locations: Minnesota, Vance's
Dockworkers walked off the job at East and Gulf Coast ports from Maine to Texas on Tuesday morning. The strike is set to disrupt major imports one month before the US election. Rerouting items to the West Coast will cost businesses time and money. Advertisement"Since these are ports on the East Coast, the folks who have suppliers in Europe will be hit," Yamartino said. AdvertisementBut if the strike lasts longer than a few weeks, Pacula said he expects the federal government to get involved, regardless of the election implications.
Persons: Dockworkers, , Hurricane Helene, Consumers aren't, Brian Pacula, Pacula, Michael Yamartino, Yamartino, Joe Biden's, Joe Biden, Taft, Hartley Organizations: Service, International Longshoremen's Association, US Maritime Alliance, Associated Press, Conference Board, CBS News, Consumers, West, Longshoreman's Association, Retail Industry, Association Locations: East, Gulf Coast, Maine, Texas, West, Asheville , North Carolina, West Monroe, Europe, East Coast
Trump and Harris have different reasons to try to attract the crypto community — donors, voters, the fact that the former president likes anyone who flatters him, etc. All of Trump's courting of the crypto industry is possible because Democrats left open an opportunity for him to pounce. In September, he unveiled his own crypto venture, World Liberty Financial. The crypto industry doesn't mind the attention it's getting from policymakers. What Harris or Trump will actually do on crypto is unclear, but that's not really the point right now.
Persons: cryptocurrency, Crypto, Sen, Katie Porter, Jamaal Bowman, Sherrod Brown's, Bernie Moreno, Donald Trump, Kamala Harris, Trump, Harris, Marc Andreessen, Ben Horowitz, Andreessen Horowitz, Cameron, Tyler Winklevoss, He's, Adam Kovacevich, Joe Biden's, Gary Gensler, Lina Khan, Biden, Sheila Warren, Brian Hughes, Elizabeth Warren, Jon Tester, Bernie Sanders, Barron, it's, Robert Weissman, he's, She's, Chuck Schumer, Jared Polis of, Anthony Scaramucci, Mark Cuban, Ron Conway, Sherrod Brown, Kamala, she's, Rachael Horwitz, " Horwitz, Harris hasn't, Molly White, Horwitz, It's, There's, Weissman, Dan Cassino, Khan, Warren, that's, Emily Stewart Organizations: Democratic, Sherrod Brown's Republican, Gemini, Facebook, Trump, GOP, Republican, of, Democrats, Securities and Exchange, Federal Trade Commission, Crypto, Innovation, Liberty Financial, Public Citizen, Financial Times, Politico, Gov, Jared Polis of Colorado, Wall Street, Haun Ventures, Fairleigh Dickinson University, Capitol Hill, SEC, FTC, Chamber, Business Locations: Ohio, Wisconsin, Nashville, United States, Silicon Valley, That's, California, New York, America, bitcoin, Washington
Trump and Harris have different reasons to try to attract the crypto community — donors, voters, the fact that the former president likes anyone who flatters him, etc. All of Trump's courting of the crypto industry is possible because Democrats left open an opportunity for him to pounce. Related storiesWhile Molly White, a crypto researcher and critic, described Harris' recent statements about crypto as "middle of the road," she said she thought the crypto industry was "definitely taking an optimistic view." The crypto industry doesn't mind the attention it's getting from policymakers. What Harris or Trump will actually do on crypto is unclear, but that's not really the point right now.
Persons: cryptocurrency, Crypto, Sen, Katie Porter, Jamaal Bowman, Sherrod Brown's, Bernie Moreno, Donald Trump, Kamala Harris, Trump, Harris, Marc Andreessen, Ben Horowitz, Andreessen Horowitz, Cameron, Tyler Winklevoss, He's, Adam Kovacevich, Joe Biden's, Gary Gensler, Lina Khan, Biden, Sheila Warren, Brian Hughes, Elizabeth Warren, Jon Tester, Bernie Sanders, Barron, it's, Robert Weissman, he's, She's, Chuck Schumer, Jared Polis of, Anthony Scaramucci, Mark Cuban, Ron Conway, Sherrod Brown, Kamala, she's, Rachael Horwitz, " Horwitz, Harris hasn't, Molly White, Horwitz, It's, There's, Weissman, Dan Cassino, Khan, Warren, that's, Emily Stewart Organizations: Democratic, Sherrod Brown's Republican, Gemini, Facebook, Trump, GOP, Republican, of, Democrats, Securities and Exchange, Federal Trade Commission, Crypto, Innovation, Liberty Financial, Public Citizen, Financial Times, Politico, Gov, Jared Polis of Colorado, Wall Street, Haun Ventures, Fairleigh Dickinson University, Capitol Hill, SEC, FTC, Chamber, Business Locations: Ohio, Wisconsin, Nashville, United States, Silicon Valley, That's, California, New York, America, bitcoin, Washington
The U.S. Justice Department on Tuesday sued Visa , the world's biggest payments network, saying it propped up an illegal monopoly over debit payments by imposing "exclusionary" agreements on partners and smothering upstart firms. "Merchants and banks pass along those costs to consumers, either by raising prices or reducing quality or service," Garland said. "As a result, Visa's unlawful conduct affects not just the price of one thing – but the price of nearly everything." "These agreements penalize Visa's customers who route transactions to a different debit network or alternative payment system." 4 behind Visa, MasterCard and American Express .
Persons: Merrick Garland, Garland, Joe Biden's, Discover's Organizations: U.S . Justice, Visa, DOJ, MasterCard, fintech, Plaid, Mastercard, Federal Trade Commission, Consumer Financial, Bureau, Capital, Discover Financial, American Express Locations: New York, U.S
Then Iranian Deputy Foreign Minister Abbas Araqchi speaks over the Iran nuclear deal during a press conference in Tehran, Ian on August 9, 2015Iran is ready to start nuclear negotiations on the sidelines of the U.N. General Assembly in New York if "other parties are willing," Foreign Minister Abbas Araqchi said on Monday in a video published on his Telegram channel. Indirect talks between Washington and Tehran to revive the deal have stalled. Iran is still formally part of the deal but has scaled back commitments to honour it due to U.S. sanctions reimposed on the Islamic Republic. We will focus our efforts on starting a new round of talks regarding the nuclear pact," Araqchi said. U.S. President Joe Biden's administration has said the United States is not ready to resume nuclear talks with Iran.
Persons: Abbas Araqchi, Ian, Donald Trump, Araqchi, Antony Blinken, Trump, Joe Biden's Organizations: General Assembly, U.S, Hamas Locations: Iran, Tehran, New York, U.S, Washington, Islamic Republic, Switzerland, Iranian, Israel, Ukraine, United States
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