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Snap shares drop as FTC refers MyAI chatbot complaint to the DOJ
Snap shares closed down 5% on Thursday after the Federal Trade Commission said it would refer a complaint against the company to the Department of Justice.
FTC sues PepsiCo, alleging price discrimination is raising costs for consumers
The Federal Trade Commission is suing PepsiCo for alleged price discrimination in the final days of the Biden administration.
FTC refers Snap complaint alleging its chatbot harms young users
In a rare move, the FTC issued a statement that revealed it referred a complaint against Snap to the DOJ, alleging an AI-powered chatbot is harmful to users.
Apartment giant Greystar facing FTC lawsuit over misleading rental fees
The suit accuses the company of falsely advertising rental prices by failing to inform renters of numerous mandatory fees.
Los Angeles wildfires devour thousands of homes, death toll rises to 10
Wildfires menacing Los Angeles have killed at least 10 people and devoured nearly 10,000 structures, with five fires burning into a third night, as dry desert winds fanning the flames again gathered strength.
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US Watchdog Resolves Antitrust Concerns Over Chevron's Hess Takeover
The US Federal Trade Commission (FTC) has finalised a consent order that resolves antitrust concerns surrounding US oil giant Chevron's acquisition of oil producer Hess, reported German news agency dpa.
Los Angeles Fire Chief Faces Calls for Resignation
As a disastrous fire continues to burn on the city’s west side, some are calling Chief Kristin Crowley to account: Why wasn’t the city better prepared?
The Schall Law Firm Invites Shareholders With Losses To Join An Inquiry Into Dave Inc. For Securities Law Violations
LOS ANGELES, CA / ACCESS Newswire / January 16, 2025 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is