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☆ Jacksonville Jaguars win on 10th appearance in London, beating Atlanta Falcons as 2023 NFL International Series kicks off
▼ + stars: | 2023-10-01 | by ( Ben Morse | ) edition.cnn.com time to read: +5 min

CNN —The Jacksonville Jaguars won on its 10th game in London, beating the Atlanta Falcons 23-7 at Wembley Stadium on Sunday as the 2023 NFL International Series kicked off. Sunday’s game is the first of five international games the NFL has implemented as part of their ever-expanding International Series. Sunday’s game was the Jaguars’ 10th in London – the most of any team in the NFL. The Falcons struggled to create any meaningful offense during the first half, with Ridder compiling a second quarter to forget. Kirby Lee/USA Today Network/ReutersHowever, things improved shortly after halftime for the Falcons with Ridder finding London for a short touchdown pass to give Atlanta renewed hope.

Persons: Calvin Ridley, Trevor Lawrence, Desmond Ridder –, Ridder, Drake London, London’s, Lawrence, “, Let’s, ” Ridley, Kirsty Wigglesworth, Shahid Khan, Ridley –, Williams, Roy Robertson, Harris, Josh Allen, Travon Walker, Kirby Lee, Bijan Robinson, elusiveness, Brandon McManus, it’s Organizations: CNN, The Jacksonville Jaguars, Atlanta Falcons, Wembley, Falcons, Jaguars, NFL, Tottenham Hotspur, Buffalo Bills, Baltimore Ravens, Tennessee Titans, Frankfurt, Miami Dolphins, Kansas City Chiefs, Indianapolis Colts, New England Patriots, –, ESPN, Jacksonville, Florida, Premier League team Fulham, Ridder, USA, Network, Reuters, London, Atlanta Locations: London, Germany, Georgia

☆ NYC and its suburbs won't build new housing, so New Yorkers are flooding into Jersey City and driving up prices
▼ + stars: | 2023-09-30 | by ( Eliza Relman | Noah Sheidlower | ) www.businessinsider.com time to read: +9 min

But prices are shooting up in Jersey City as its neighbors refuse to build. AdvertisementAdvertisementNew Yorkers have been taking notice of Jersey City real estate for years, and its popularity as an alternative to the ever-less-affordable housing market in the city is growing. Between 2010 and 2018, Hudson County, which includes Jersey City, built housing at more than twice the rate that New York City did. New housing in Jersey City is overwhelmingly market rate rather than being explicitly built as affordable housing for lower- and middle-income residents. "The issues facing Jersey City tenants are multifaceted, but the primary concern is to guarantee housing stability."

Persons: —, Steven Fulop, Alex Armlovich, Armlovich, Noah Sheidlower, Amy Klein, Klein, Isaac Jiménez, It's, Goldman Sachs, Abdul Rehman Khan, Jiménez, Fulop, That's, Rich Boggiano, Khan Organizations: Apple, Service, Jersey, Jersey City, New, Niskanen, realtors, Big Apple, Research, Jersey City . Financial, Seton Hall Law's Center for Social Justice Locations: Jersey City, The North Jersey, Jersey, Hudson County, York City, New York, North New Jersey, Newark, Elizabeth, Manhattan, Brooklyn, New York City, Hudson, New York City , Westchester, Long, New Jersey

Quetta, Pakistan CNN —At least 52 people were killed and dozens more wounded in what authorities believe was a suicide attack at a religious procession in southwest Pakistan Friday. Local police told CNN two explosions had occurred at the mosque in Hangu, causing its roof to collapse and potentially trapping worshipers inside. People gather outside the Mastung hospital, following the deadly attack, on September 29, 2023. One of the attackers then detonated an explosive close to the mosque’s entrance, while the other detonated one inside the building, local police officer Saaleh Muhammad told CNN. Muhammad told CNN that while most worshipers fled during the shootings, some had remained inside as the mosque’s roof collapsed.

Persons: Prophet Mohammed, Jan Achakzai, Shaheed Nawab Ghous Bakhsh, Atta Ul Munim, Abdul Rasheed, Ul Munim, Achakzai, Anwar, Haq Kakar, Arshad Butt, Saaleh Muhammad, Muhammad Organizations: Pakistan CNN —, CNN, Local, Reuters, ” Police Locations: Quetta, Pakistan, Mastung, restive Balochistan, Balochistan, Pakistan’s, Peshawar City, Khyber Pakhtunkhwa, Hangu, Karachi

☆ In Suing Amazon, FTC’s Lina Khan Turns Her Earlier Pricing Argument on Its Head
▼ + stars: | 2023-09-28 | by ( Dave Michaels | ) www.wsj.com time to read: 1 min

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/tech/in-suing-amazon-ftcs-lina-khan-turns-her-earlier-pricing-argument-on-its-head-e45b91e9

Persons: Dow Jones, lina

☆ Lina Khan Once Went Big Against Amazon. As FTC Chair, She Changed Tack.
▼ + stars: | 2023-09-28 | by ( Dave Michaels | ) www.wsj.com time to read: 1 min

Persons: Dow Jones, lina

☆ Meet the families who are ditching America to travel abroad as digital nomads
▼ + stars: | 2023-09-28 | by ( Simone Stolzoff | ) www.businessinsider.com time to read: +16 min

At just shy of 400,000 inhabitants, Sintra is also big enough to absorb the 25 Boundless families without the expats dominating all the local haunts. At school, kids are fed organic meals made by a local chef. After school, kids from different families entertained themselves in the cobblestone streets and parks under light adult supervision. But despite some early success, Boundless Education, like the organization itself, is still very much a startup. On my last night in Sintra, the Boundless families gathered together at Praia de Maçãs, a beach 20 minutes from downtown.

Persons: Shirly, Erez Weinstein, Shirly Weinstein, Ella, Mauro Repacci, Simone Stolzoff, Edward, Jessica, —, Rekha Magon, I've, Repacci, Marcos Carvalho, Rolf E, Carvalho, Lona Alia, Alia, Elina Zois, it's, Andreas Wil Gerdes, Penguin Random Organizations: Khan Academy, Green School, Nordic Baccalaureate, North America, Penguin Locations: United States, Israel, Atlanta, Chiang Mai, Thailand, Portugal, Indonesia, Italy, Greece, Bali, Dominican Republic, Sintra , Portugal, Lisbon, Sintra, Ohio, Seattle, Italy's Tuscany, Montreal, Costa Rica, Europe, Southeast Asia, North, Praia, Maçãs, America, San Francisco

☆ European castles, private chefs, and a startup school: These families are ditching the US to live the American dream abroad
▼ + stars: | 2023-09-28 | by ( Simone Stolzoff | ) www.businessinsider.com time to read: +16 min

☆ Five takeaways from the FTC's 172-page antitrust lawsuit against Amazon
▼ + stars: | 2023-09-28 | by ( Brian Fung | ) edition.cnn.com time to read: +10 min

Washington CNN —An antitrust lawsuit from 17 states and the Federal Trade Commission this week against Amazon represents the US government’s biggest regulatory challenge yet against the e-commerce juggernaut. The landmark case targets Amazon’s retail platform, alleging that it’s harmed shoppers and sellers alike on a massive scale. Here are five of the biggest highlights and takeaways from the plaintiffs’ 172-page lawsuit. Just this month, the FTC added three Amazon officials to a separate consumer protection case dealing with Amazon Prime. Instead, the plaintiffs have to show that Amazon is part of a well-defined geographic and economic market that it dominates.

Persons: Lina Khan, Amazon, David Zapolsky, ” Khan, Khan, Douglas Farrar, ” Farrar, superstores, ” What’s, Jeff Bezos, “, ” Organizations: Washington CNN, Federal Trade Commission, Amazon, US, Walmart, Target, eBay, Amazon Music, Bloomberg News, CNN, Amazon Prime, FTC Locations: Seattle, United States

☆ Lina Khan Has a Weak Case Against Amazon
▼ + stars: | 2023-09-27 | by ( The Editorial Board | ) www.wsj.com time to read: 1 min

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/lina-khan-federal-trade-commission-amazon-case-e2cce1c5

Persons: Dow Jones, lina

☆ FTC Chair Lina Khan: Amazon lawsuit is about protecting free and fair competition
▼ + stars: | 2023-09-27 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFTC Chair Lina Khan: Amazon lawsuit is about protecting free and fair competitionFTC Chair Lina Khan joins 'Squawk Box' to discuss the Federal Trade Commission's antitrust lawsuit against Amazon, accusing the company of illegally using market power to raise prices and exclude competition, the antitrust landscape, and more.

Persons: Lina Khan Organizations: Trade, Amazon

☆ Amazon has a poor man’s monopoly
▼ + stars: | 2023-09-27 | by ( Lauren Silva Laughlin | ) www.reuters.com time to read: +3 min

The $1.3 trillion retailer run by Andy Jassy was sued on Tuesday by the U.S. Federal Trade Commission for alleged anticompetitive practices. She rose to prominence after publishing a paper in the Yale Law Journal in 2017 titled “Amazon’s Antitrust Paradox,” which painted the e-commerce giant as a sprawling monopoly that has gone unchecked by traditional antitrust policing. But Chinese competitors like Shein and Temu, which have different cost structures, are starting to encroach on Amazon’s market. It's possible that Khan and the FTC can nail Amazon in court for behaviors that in the past have given it an exclusive edge. Follow @thereallsl on XCONTEXT NEWSThe U.S. Federal Trade Commission filed an antitrust lawsuit against Amazon.com on Tuesday, asking the court to consider forcing the online retailer to sell assets.

Persons: Andy Jassy, Lina Khan, EBITDA, Walmart’s, hasn’t, Khan, Jonathan Guilford, Sharon Lam Organizations: Reuters, U.S . Federal Trade Commission, Yale Law, Investors, Walmart, Foods, Amazon.com, Alphabet's Google, Thomson Locations: Arkansas, It’s

☆ FTC Chair Lina Khan: We only bring cases when we believe there's a law violation
▼ + stars: | 2023-09-27 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFTC Chair Lina Khan: We only bring cases when we believe there's a law violationFTC Chair Lina Khan joins 'Squawk Box' to discuss the Federal Trade Commission's antitrust lawsuit against Amazon, accusing the company of illegally using market power to raise prices and exclude competition, the antitrust landscape, and more.

Persons: Lina Khan Organizations: Trade, Amazon

The U.S. consumer agency, which enforces federal antitrust law, and 17 states filed their lawsuit against Amazon in Seattle federal court on Tuesday, asking a U.S. judge to consider an injunction and other penalties to combat alleged unlawful conduct. The FTC's lawsuit is related to but broader than a series of private consumer cases filed in recent years against Amazon that are pending in the same U.S. federal court. The private antitrust cases offer an early window into some of the legal arguments Amazon could be expected to make to challenge the FTC's lawsuit. Generally speaking, U.S. judges are "wary of using antitrust law to punish low-pricing behavior," said antitrust scholar Sean Sullivan of the University of Iowa's law school. Sullivan said it is not always a clear line between "good low pricing" — based on market competition — and "bad low pricing" that helps a company acquire or maintain market power.

Persons: Mike Segar, David Balto, Diane Hazel, Foley, Lardner, Hazel, Tom Cotter, David Zapolsky, Zapolsky, Lina Khan, Ricardo Martinez, Martinez, George W, Bush, Sean Sullivan, Sullivan, Mike Scarcella, Leigh Jones Organizations: REUTERS, U.S . Federal Trade, Amazon.com, Amazon, Reuters, FTC, U.S, University of Minnesota Law School, District, University of, Thomson Locations: Manhattan, New York City, U.S, Seattle, Washington, Mt, Rainier

FTC Chairwoman Lina Khan testifies during a budget hearing of the House Energy and Commerce Subcommittee on Innovation, Data, and Commerce, April 18, 2023. Khan pointed to scale on Wednesday as a way Amazon leverages its power to dampen competition. Khan also explained the FTC's decision to define the market Amazon has monopolized as the online superstore. "We've had a whole set of antitrust cases that have succeeded when defining a market as the superstore market." This complaint applies that idea to the online world, Khan said, adding that there are functions that only an online superstore can serve through the "depth and breadth" of offerings.

Persons: Lina Khan, Khan, CNBC's Andrew Ross Sorkin, it's, We've Organizations: House Energy, Commerce, Amazon, Federal Trade, FTC, Yale, Intelligence Locations: U.S

☆ Lina Khan vs. Amazon - The New York Times
▼ + stars: | 2023-09-27 | by ( Cory Doctorow | ) www.nytimes.com time to read: +1 min

The Federal Trade Commission’s chair, Lina Khan, has brought her long-awaited, audacious case against Amazon, signaling the Biden administration’s determination to restore an approach to competition law that has been in decline since the Carter administration. But Amazon is precisely the kind of company that Congress had in mind in enacting America’s many antitrust laws. The robber barons of that era hijacked the economy and politics, but they also faced the constraints of empires grounded in physical goods. Today’s tech barons at huge platforms like Amazon, Google and Meta can deploy anticompetitive, deceptive and unfair tactics with the agility and speed of a digital system. And Amazon is the apex predator of our platform era.

Persons: Lina Khan, Carter Organizations: Federal Trade, Google, Amazon

☆ An OpenAI staffer who had 'personal, emotional' conversations with ChatGPT has sparked a massive debate about using AI chatbots for therapy
▼ + stars: | 2023-09-27 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +5 min

On Tuesday, Lilian Weng, head of safety systems at OpenAI, wrote on X that she "just had a quite emotional, personal conversation" with ChatGPT in voice mode. Try it especially if you usually just use it as a productivity tool," Weng wrote. AdvertisementAdvertisementJust had a quite emotional, personal conversation w/ ChatGPT in voice mode, talking about stress, work-life balance. OpenAI and Weng did not immediately respond to Insider's request for comment made outside of normal working hours. Mehtab Khan, fellow at Harvard University's Berkman Klein Center for Internet & Society, described Weng's post as "a dangerous characterization of an AI tool, and also yet another example of anthropomorphizing AI without thinking about how existing rules apply/don't apply."

Persons: it's, —, OpenAI, Lilian Weng, Weng, 9S97LPvBoS — Lilian Weng, Greg Brockman, chatbots, Gebru, Eliza, Joseph Weizenbaum, ELIZA chatbot, Eliza wasn't, Tom Insel, Margaret Mitchell, OpenAI's Weng, Khan, Harvard University's Berkman Klein Organizations: Service, MIT, Google, Harvard, Harvard University's Berkman Klein Center, Internet & Society Locations: OpenAI

☆ Jeff Bezos' net worth slumped by $5 billion in a single day after the FTC sued Amazon
▼ + stars: | 2023-09-27 | by ( Joseph Wilkins | ) www.businessinsider.com time to read: +3 min

Amazon founder Jeff Bezos saw his personal fortune drop by $5 billion on Tuesday. Bezos' net worth has still jumped by over $40 billion this year to around $150 billion. AdvertisementAdvertisementJeff Bezos saw a hefty $5 billion wiped from his personal fortune in a single day, after the Federal Trade Commission filed a lawsuit against Amazon. Despite the eye-watering drop, Bezos's net worth remains up $43 billion this year at $150 billion thanks to Amazon's stock price rally, according to the Bloomberg Billionaires Index. Nine of the 10 billionaires who have added the most to their net wealth are from the tech sector.

Persons: Jeff Bezos, —, Ford, Bezos, Lina Khan Organizations: FTC, Amazon, Service, Federal Trade Commission, Bloomberg

Energy Security Minister Claire Coutinho said that Rosebank would be less emissions-intensive compared with older oil and gas developments because they were designed with mitigations in place. Environmental campaigners had urged the government to halt development of Rosebank, saying it contravened the plan for a net-zero economy. Uplift, a campaign group opposed to Rosebank, said Britain would struggle to benefit from Rosebank as most of the oil would be processed abroad. "By approving Rosebank, Rishi Sunak has confirmed he couldn't care less about climate change," Uplift executive director Tessa Khan said. The North Sea Transition Authority, the UK regulator, said it had taken Rosebank's emissions into account in relation to Britain's climate plan.

Persons: Rishi Sunak, Claire Coutinho, Sunak, Caroline Lucas, Rosebank, Tessa Khan, Sarah Young, William James, Ron Bousso, Kate Holton, Jane Merriman Organizations: Energy, Environmental, Green Party, Labour Party, Ithaca Energy, Ithaca Energy's, Transition, Thomson Locations: Ithaca, Britain, Oslo, Rosebank, Equinor

It's a long way from the Wembley mudfest in 2007 when the New York Giants beat the Miami Dolphins 13-10 in the first London game. The league said the NFL Academy's TikTok channel has the highest engagement of its channels on the the popular video-sharing app. The NFL won't overtake the Premier League for popularity in Britain but it says it has 14 million fans with 3 million deemed “avid” fans. Results of a survey by media consulting firm Altman Solon indicate good consumer trends for the NFL in Britain. The Jags' game on Oct. 8 against the Buffalo Bills at Tottenham will be run by the league.

Persons: It's, ”, Henry Hodgson, —, ” Hodgson, Altman Solon, Matt Del Percio, Maria Gigante, Shad Khan, Daniel Levy, Tottenham —, ” “, Clint Black, “, ” Gigante Organizations: Tottenham Hotspur, Jacksonville Jaguars, Atlanta Falcons, Wembley, Buffalo Bills, Tottenham —, New York Giants, Miami Dolphins, Britain . League, Sky Sports, BBC, ITV, London, NFL, Premier League, Jaguars, Tottenham, Houston Texans, EverBank, Denver Broncos, Premier League soccer, Fulham, English Football Association, Jacksonville Locations: Germany, Spain, Europe, Britain, London, Ireland, JAGS, Jacksonville, U.S

☆ Rosebank: Britain approves huge, controversial oil and gas field in the North Sea
▼ + stars: | 2023-09-27 | by ( Laura Paddison | ) edition.cnn.com time to read: +3 min

CNN —The British government approved the development of a huge oil and gas field in the North Sea Wednesday, sealing its commitment to keep producing fossil fuels for decades to come. “We have today approved the Rosebank Field Development Plan which allows the owners to proceed with their project,” said a spokesperson for oil and gas regulator the North Sea Transition Authority in a statement. The spokesperson added the decision had been made “taking net zero considerations into account throughout the project’s lifecycle.” Net zero is where the world removes at least as much planet-heating pollution as it emits. UK Prime Minister Rishi Sunak recently said he wanted to “max out” oil and gas developments in the North Sea and issue hundreds of new licenses. “Even when we’ve reached net zero in 2050, a quarter of our energy needs will come from oil and gas.

Persons: “, ”, Rishi Sunak, Sunak, we’ve, ” Sunak, Tessa Khan, Lyndsay Walsh, Rosebank, Claire Coutinho Organizations: CNN, Transition, International Energy Agency, Oxfam, Shell Locations: Shetland, Scotland, Norwegian, North, Rosebank

☆ Shopify invests in wholesale platform Faire
▼ + stars: | 2023-09-27 | by ( ) www.reuters.com time to read: +2 min

REUTERS/Chris Wattie/File Photo Acquire Licensing RightsLONDON, Sept 27 (Reuters) - E-commerce giant Shopify (SHOP.TO) is investing in wholesale platform Faire, the companies said on Wednesday, in a global deal that would see the start-up adopt Shopify technology for its clients. Faire, founded in 2017 and valued at $12.59 billion, would become the recommended wholesale marketplace for Shopify merchants. Shopify's director of product Aneeqa Khan said the partnership would make it easy for Shopify merchants to find wholesale buyers, and enable retailers to source from Faire's network of brands. Faire said the most popular search filter on its platform is "Not on Amazon", as retailers look to source less widely available products. For Shopify, which sells tools to create and manage online store-fronts, this is the latest in a series of deals.

Persons: Chris Wattie, Shopify, Aneeqa Khan, Max Rhodes, Rhodes, Helen Reid Organizations: REUTERS, New York Stock Exchange, aURORA, Thomson Locations: Ottawa , Ontario, Canada, United States, Europe

☆ Net Zero Is Still Possible, but Clean Energy Spending Must Go Faster
▼ + stars: | 2023-09-26 | by ( Yusuf Khan | ) www.wsj.com time to read: +5 min

At least $4.5 trillion a year in clean-energy investments will be needed by the start of the 2030s to reach net zero by 2050, the IEA said. “We have the tools needed to go much faster,” the report said. It estimates that 80% of the emissions reduction needed by 2030 can come from increasing renewable generation, energy efficiency and electrification, as well as from cutting methane emissions. The new report comes as policies toward green energy globally are at a crossroads, with politicians balancing green ambitions with energy security and a cost-of-living squeeze. “Without efforts to reduce methane emissions from fossil fuel supply, global energy sector CO2 emissions would need to reach net zero by around 2045,” the report said.

Persons: Ajit Solanki, “, Yusuf Khan Organizations: Press, International Energy Agency, IEA, Business Locations: Surendranagar, Gujarat, India, Paris, Ukraine, China

☆ UPS to hire 100,000 holiday workers with Teamsters pay bump
▼ + stars: | 2023-09-26 | by ( Melina Khan | ) www.cnbc.com time to read: +1 min

UPS plans to hire more than 100,000 seasonal workers again this year to support the holiday shipping rush, the company announced Tuesday in a press release. As a result of a contract agreement with the Teamsters union that was ratified in August, seasonal workers' pay will start between $21 and $23 per hour, depending on the position. The Teamsters deal with UPS comes as workers from pilots to aerospace manufacturing employees have pushed for and won higher pay. Nearly 80% of the company's seasonal positions do not require an interview, UPS said in the release. The carrier hired the same number of seasonal workers in 2022.

Persons: they'll, Nando Cesarone Organizations: Teamsters, UPS

The Federal Trade Commission has filed its long-anticipated antitrust lawsuit against Amazon . In a sweeping complaint unveiled Tuesday, the FTC and attorneys general from 17 states accused Amazon of wielding its "monopoly power" to inflate prices, degrade quality for shoppers and unlawfully exclude rivals, thereby undermining competition. David Zapolsky, Amazon's general counsel and senior vice president of global public policy, said in a statement that the FTC's complaint is "wrong on the facts and the law." The lawsuit is a major milestone for FTC Chair Lina Khan, who rose to prominence for her 2017 Yale Law Journal note, "Amazon's Antitrust Paradox." Through her work at the FTC, Khan has sought to reset that framework and push the boundaries of antitrust law through risky legal battles.

Persons: Andy Jassy, David Zapolsky, Amazon's, Zapolsky, Lina Khan, Khan Organizations: New York Times DealBook, Jazz At Lincoln Center, Federal Trade Commission, Amazon, FTC, Yale Locations: New York City

☆ Amazon is facing a lawsuit from the FTC and 17 US states. They say it's stifling competition and keeping prices high.
▼ + stars: | 2023-09-26 | by ( Associated Press | ) www.businessinsider.com time to read: +6 min

Amazon is facing an antitrust lawsuit from the Federal Trade Commission and 17 states. The suit claims Amazon is leveraging its power to inflate prices and overcharge small sellers. The FTC has been gathering evidence for months to show how Amazon disadvantages sellers. Some of the agency's allegations in the Amazon case mirrors those made in a separate lawsuit last year by the state of California. The federal complaint follows other actions the FTC has taken against Amazon in the past few months.

Persons: —, biasing, Lina Khan, Khan, FTC's Khan Organizations: Federal Trade Commission, FTC, Service, Court, Western, of, Amazon, Institute for Local, Essentials . Booksellers, of Justice, Big Tech, Yale, District of Columbia, Amazon Prime Locations: of Washington, California

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