The fight over a bill targeting credit card fees pits payment companies against retailers (www.cnbc.com)
A bipartisan push in Washington to clamp down on credit card fees is pitting retailers like Walmart against network payment processors such as Visa.
How China is threatening U.S. GPS dominance with Beidou (www.cnbc.com)
archived archive.ph/4tkTO
U.S. FDA approves second over-the-counter opioid overdose reversal drug (www.cnbc.com)
The U.S. Food and Drug Administration has approved the prescription-free sale of the second opioid overdose reversal drug, its manufacturer Harm Reduction Therapeutics said on Friday.
IEA says coal use hit an all-time high last year — and global demand will persist near record levels (www.cnbc.com)
Does Elon Musk (or CEO Linda) know about FedNow? (www.cnbc.com)
The Federal Reserve has already launched a small test of near-instantaneous financial transactions. Every time they talk about payments as a future feature of X/Twitter, I wonder if they know that’s getting Sherlocked.
FTX lobbyist tried to buy Pacific island of Nauru to create a new superspecies, lawsuit says (www.cnbc.com)
FTX lobbyist tried to buy Pacific island of Nauru to create a new superspecies, lawsuit says (www.cnbc.com)
FTX lobbyist tried to buy Pacific island of Nauru to create a new superspecies, lawsuit says (www.cnbc.com)
Convicted Ponzi schemer granted clemency by Trump charged with new Ponzi scheme (www.cnbc.com)
Google restricting internet access to some employees to reduce cyberattack risk (www.cnbc.com)
The company will disable internet access on the select desktops, with the exception of internal web-based tools and Google -owned websites like Google Drive and Gmail. Some workers who need the internet to do their job will get exceptions, the company stated in materials....
Johnson & Johnson sues Biden administration over Medicare drug price negotiations (www.cnbc.com)
Johnson & Johnson sued the Biden administration over Medicare’s new powers to slash drug prices, making it the third pharmaceutical company to challenge the controversial provision of the Inflation Reduction Act.
Most outsourced coders in India will be gone in 2 years due to A.I., Stability AI boss predicts (www.cnbc.com)
Most outsourced coders in India will be gone in 2 years due to A.I., Stability AI boss predicts::Most outsourced programmers in India will see their jobs wiped out in the next year or two, Stability AI CEO Emad Mostaque said.
FDA approves AstraZeneca, Sanofi shot that protects infants and toddlers against RSV (www.cnbc.com)
Nirsevimab is the first shot approved by the FDA to protect all infants against RSV regardless of whether they are healthy or have a medical condition.
Ford cuts prices on its electric F-150 Lightning pickups by as much as $10,000 (www.cnbc.com)
The cheapest version of the Lightning will now start at about $50,000, a roughly $10,000 cut.
China reports second-quarter GDP miss, another record high in youth unemployment (www.cnbc.com)
The unemployment rate among young people ages 16 to 24 was 21.3% in June, a new record.
Microsoft and Sony sign deal to keep Activision’s Call of Duty on PlayStation (www.cnbc.com)
Microsoft and Sony sign deal to keep Activision’s Call of Duty on PlayStation::Microsoft and Sony have signed an agreement to keep Activision’s best-selling Call of Duty series available on PlayStation, after the conclusion of the deal.
Elon Musk says Twitter cash flow is negative due to ad revenue declines, ‘heavy debt’ (www.cnbc.com)
Insurance may not cover birth control drug Opill without prescription (www.cnbc.com)
United reaches preliminary, 4-year labor deal with pilots, with up to 40% raises (www.cnbc.com)
United Airlines and its pilots’ union have agreed to a preliminary labor deal that includes pay increases of as much as 40.2% over four years, ending months of tense negotiations and airport pickets. The deal makes United’s aviators the latest from a major airline to reach an agreement for higher wages amid the post-pandemic...