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GRIP Extra: Cash app Dave in regulatory cross-hairs, Shell wins appeal
Other news includes obesity crisis in America, CFTC awards to whistleblowers, COP29 tensions and pension reforms in the UK.
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GRIP Extra – Meta fires staff, fossil fuel demand to peak by 2030
Also in the news this week faltering growth in China, cybercrime is now an transnational growth ‘industry’ in Southeast Asia and Citibank will train its staff to avoid future compliance problems.
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GRIP Extra – FTX customers get money back, Marriott must improve security
Also in the news this week TikTok is sued and Roblox targeted by short-sellers, while Chinese start-ups are playing catch-up on AI.
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Crypto wrap: Lawmakers v crypto, Trump does DeFi, bitcoin ATM scams and ETH troubles
Our pick of stories from the week in crypto.
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What can businesses expect after the US election? A few thoughts
With two months to go until America votes for its next President, we look at the potential implications for economic policy and regulation.
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FTC sues to prevent massive Kroger-Albertsons merger
The FTC claims the merger will impair competition and raise prices.
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DOJ sues RealPage for allegedly helping landlords collude to keep rents high
The DOJ is suing the company behind an extensively used software tool that helps landlords across the US set rental prices.
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US district court judge throws out FTC’s ban on noncompetes
A US judge says the FTC’s rule banning noncompetes – which was set to take effect on September 4 – was created “in excess of [the FTC’s] statutory authority.”