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The Latest Breaking News from FTC

US Clears ExxonMobil Deal, Bars Pioneer Ex-chief From Board

US antitrust authorities cleared ExxonMobil's acquisition of Pioneer Natural Resources under the condition that the shale producer's former CEO be barred from the company's board, regulators announced Thursday.

International Business Times

Amazon, Target and other retailers pull weighted infant sleepwear over safety fears

Federal regulators, medical experts and safe-sleep advocates have warned of the potential danger of weighted infant sleepwear, but manufacturers say their products have helped millions of families.

WEKU

US Lawmaker Investigates FTC's Role In Blocking Amazon Irobot Merger

US lawmaker investigates FTC's role in blocking potential Amazon-iRobot merger, raising concerns about market competition and regulatory oversight.

Top News

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FCC, FTC Ink Agreement to Cooperate on Net Neutrality Enforcement

Following the restoration of net neutrality rules, the two agencies will coordinate their enforcement efforts

TV Tech

Ring cameras used to spy on you—is it safe to use smart devices?

Ring camera users get a multi-million settlement—but why do we keep inviting surveillance into our homes? Here's what you need to know when it comes to nosy IoT devices.

TechRadar

Razer ordered to pay $1.1 million in refunds over its Zephyr RGB mask N95 claims

Razer has been ordered to refund its users $1.1 million after claiming its Zephyr masks were N95 quality when they were not.

TechRadar

America just banned non-compete clauses. Australia should follow suit

‘If lousy businesses can’t retain staff with subpar wages and conditions, they deserve to suffer the consequences. Let’s let employees vote with their feet.’

Crikey

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FTC's Ban On Noncompete Agreements Faces Legal Challenges

FTC's new Noncompete Clause Rule bans noncompete agreements to enhance job market competition.

Top News

Amazon-owned Ring pays out over $5.6 million over security breaches

117,004 consumers who purchased a Ring doorbell will receive compensation after their private data was hacked

Digital Camera World

Some Ring camera owners are eligible for refunds — Here are the applicable models

The FTC is sending $5.6 million in refunds to Ring customers as part of video privacy settlement.

The Street

US Chamber Of Commerce Sues FTC Over Noncompete Ban

Legal challenges emerge against FTC's noncompete ban, raising questions on regulatory authority.

Top News

Businesses want to make it harder for workers to quit

Businesses aren’t going down without a fight after lawmakers made progress in granting employees a widely debated freedom in the workplace.

The Street

FTC Issues $5.6 Million Refunds To Amazon Ring Camera Buyers Over Privacy Concerns

Recipients of the refunds will receive payments via PayPal, with amounts varying between $150.00 and $47.70, depending on factors such as the type of Ring device owned and the timeframe of account usage.

International Business Times

Capri Holdings: May 17 $35 Unusually Active Call Option Is a No-Brainer

One stock stood above all others in Wednesday’s unusual options activity. Capri Holdings’ May 17 $35 call had a Vol/OI ratio of 526.92, almost three times the next-highest ratio. Whoever was buying yesterday was right on the money. Here’s why.

Barchart

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PC Gamer

US game devs celebrate as non-compete clauses, previously deemed 'a trash way to keep the talent', face a ban from the FTC—which would free up movement across the AAA industry

"There are going to be SO MANY new indie games from AAA devs if this goes through."

Top News

Federal Government Takes Actions To Benefit American Workers

FTC bans noncompete agreements, Biden's overtime rule expands eligibility, facing challenges.

International Business Times UK

Sugar Baby Gets 9 Years In Jail For Scamming $1M From Men And Selling How-to Manuals

Mai Watanabe used the money she scammed out of three men to make large payments at male host clubs in the Kabukicho district in Tokyo.

Reason

Another Illegal Power Grab From the FTC

Banning noncompete agreements goes well beyond the FTC's legal authority.

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GamesRadar

Game devs rejoice as FTC approves ban on non-compete clauses: "There are going to be SO MANY new indie games from AAA devs"

New and existing non-competes will become unenforceable for most workers in the United States

Salon

FTC bans noncompete clauses

The U.S. Chamber of Commerce has suggested it plans to file a lawsuit over the change

WEKU

No more noncompetes, FTC says; Tenessee bill would allow teachers to carry guns

The Federal Trade Comission voted yesterday to ban nearly all noncompete agreements. Tenessee's lawmakers have passed a bill allowing teachers to carry guns on campus.

Salon

New tech risks health care price fixing

Khan is regarded as one of the most aggressive antitrust regulators in recent U.S. history

Axios

New ban on noncompetes could have big impact on health care

Sizable shares of doctors and nurses face employer restrictions on switching jobs.

Top News

Williams-Sonoma Fined By FTC For 'Made In USA' Claims

Williams-Sonoma fined by FTC for misleading 'Made in USA' claims, emphasizing the importance of accurate product labeling.

Top News

FTC Bans Noncompete Agreements, Impacting Millions Of US Workers

FTC bans for-profit US employers from requiring noncompete agreements, impacting millions of workers. President Biden supports workers' freedom to choose e...

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