Tag: Regulation and Deregulation of Industry

Regulators Have Doubts About Facebook Cryptocurrency. So Do Its Partners.

SAN FRANCISCO — One of the biggest selling points of Facebook’s ambitious plans for its new cryptocurrency, Libra, was that the social media company had 27 partners, including prominent outfits like Visa, Mastercard and Uber, helping out on the project. But some of those partners are approaching Libra warily. They signed nonbinding agreements to join […]

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How E-Commerce Sites Manipulate You Into Buying Things You May Not Want

When potential customers visit the online resale store ThredUp, messages on the screen regularly tell them just how much other users of the site are saving. “Alexandra from Anaheim just saved $222 on her order” says one message next to an image of a bright, multicolored dress. It’s a common technique on shopping websites, intended […]

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California Wildfire Fund Would Put Aside $21 Billion for Damage Claims

With the effects of climate change intensifying, California is under ever-greater siege from wildfires, often caused by the equipment that brings power to homes. One of the state’s utilities is already in bankruptcy largely because of the resulting liability claims. On Friday, Gov. Gavin Newsom laid out a proposal for helping to meet such claims […]

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Blue States Roll Out Aggressive Climate Strategies. Red States Keep to the Sidelines.

WASHINGTON — At a time when the country is already deeply fractured along partisan lines, individual states are starting to pursue vastly different policies on climate change with the potential to cement an economic and social divide for years to come. A growing number of blue states are adopting sweeping new climate laws — such […]

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To Take Down Big Tech, They First Need to Reinvent the Law

SAN FRANCISCO — When Americans fear the future, they turn to antitrust action. It happened in the 1890s, when the United States was rapidly moving from a farming economy to an industrialized one. It happened again in the late 1940s, when nuclear war seemed imminent. And it is happening now, as big technology companies work […]

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E.P.A. Finalizes Its Plan to Replace Obama-Era Climate Rules

WASHINGTON — The Trump administration on Wednesday finalized a package of new rules to replace the Clean Power Plan, former President Barack Obama’s signature effort to reduce planet-warming emissions from coal plants. The new measure, known as the Affordable Clean Energy rule, will very likely prompt a flurry of legal challenges from environmental groups that […]

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UNC Children’s Hospital Suspends Most Complex Heart Surgeries

North Carolina Children’s Hospital will suspend the most complex heart surgeries until state and federal regulators and a group of outside experts complete investigations into the Chapel Hill institution, according to a statement on Monday from the hospital. UNC Health Care, which runs the hospital and is affiliated with the University of North Carolina, also […]

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Rent Regulations in New York: How They’ll Affect Tenants and Landlords

Democratic lawmakers in New York harnessed their new powers on Tuesday to broker sweeping changes to rent laws in order to protect tenants in a state with some of the country’s most expensive housing markets. The regulations that lawmakers agreed upon would stretch beyond New York City to the entire state, allowing other municipalities to […]

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Landmark Deal Reached on Rent Protections for Tenants in N.Y.

Newly empowered Democratic leaders in Albany announced a landmark agreement on Tuesday to strengthen New York’s rent laws and tenant protections, seeking to address concern about housing costs that is helping drive the debate over inequality across the nation. The changes would abolish a rule that allows building owners to deregulate apartments, close a series […]

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A Judge Rules Against One Stem-Cell Clinic. There Are Hundreds of Them.

A judicial ruling this month that will stop questionable stem-cell treatments at a clinic in Florida is widely seen as a warning to a flourishing industry that has attracted huge numbers of patients, who pay thousands of dollars for unproven, risky procedures. But with little regulatory oversight for the hundreds of clinics operating these lucrative […]

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Risky Borrowing Is Making a Comeback, but Banks Are on the Sideline

A decade after reckless home lending nearly destroyed the financial system, the business of making risky loans is back. This time the money is bypassing the traditional, and heavily regulated, banking system and flowing through a growing network of businesses that stepped in to provide loans to parts of the economy that banks abandoned after […]

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A Tech Giant Hurt Your Business? Take a Number

SAN FRANCISCO — Oracle and the Handpulled Noodle would seem to have little in common. One is a multibillion-dollar software company in Silicon Valley with tens of thousands of employees all over the world. The other is a small Harlem spot that serves Chinese comfort food and is known for its tasty dumplings. But they […]

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An Overloaded Ferry Flipped and Drowned Hundreds of Schoolchildren. Could It Happen Again?

Searching for passengers from the Sewol on April 16, 2014.CreditThe Dong-a Ilbo, via Agence France-Presse — Getty Images The ferry being salvaged in 2017.CreditChoi Young-su/Yonhap, via Associated Press When things go wrong, those in power often promise to make it right. But do they? In this series, The Times is going back to the scene […]

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Americans Deserve Strong Privacy Laws

In the past year, Congress has been happy to drag tech C.E.O.s into hearings and question them about how they vacuum up and exploit personal information about their users. But so far those hearings haven’t amounted to much more than talk. Lawmakers have yet to do their job and rewrite the law to ensure that […]

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YouTube Is a Very Bad Judge and Jury

Charlie Warzel: It’s been a rough week for YouTube, even by tech backlash standards. Just this week the company has come under fire for creating a “digital playground” for pedophiles. Then, it attempted to purge extremist content from its site, only to accidentally delete a number of videos on Nazi history made by professors as […]

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Automakers Tell Trump His Pollution Rules Could Mean ‘Untenable’ Instability and Lower Profits

Want climate news in your inbox? Sign up here for Climate Fwd:, our email newsletter. WASHINGTON — Many of the world’s largest automakers joined together Thursday to tell President Trump that one of his most sweeping deregulatory efforts — his plan to weaken pollution standards for automobiles — threatens to hurt their profitability and produce […]

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Tech Giants Amass a Lobbying Army for an Epic Washington Battle

WASHINGTON — Faced with the growing possibility of antitrust actions and legislation to curb their power, four of the biggest technology companies are amassing an army of lobbyists as they prepare for what could be an epic fight over their futures. Initially slow to develop a presence in Washington, the tech giants — Amazon, Apple, […]

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Companies See Climate Change Hitting Their Bottom Lines in the Next 5 Years

WASHINGTON — Many of the world’s biggest companies, from Silicon Valley tech firms to large European banks, are bracing for the prospect that climate change could substantially affect their bottom lines within the next five years, according to a new analysis of corporate disclosures. Under pressure from shareholders and regulators, companies are increasingly disclosing the […]

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Dozens Arrested at State Capitol as Rent Debate Escalates

ALBANY — The conflict over New York City’s rent laws turned raucous on Tuesday as hundreds of tenant activists flooded the State Capitol, leading to scuffles and dozens of arrests. For months, activists have cast a looming rewrite of New York’s rent laws as a once-in-a-generation battle. The state law that regulates almost one million […]

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Stop Trying to Make Coal Great Again

Should rowboats be made out of plastic, wood or metal? Should restaurants feature red, white, blue or no tablecloths at all? What proportion of loafers, sneakers, high heels and regular shoes should the footwear industry offer us? For Republicans who favor free enterprise, the answer to all of these questions would be: Leave it to […]

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