Kicking off the Trump administration’s international peace conference in Bahrain Tuesday, US President Donald Trump’s son-in-law and senior adviser Jared Kushner said his plan for the Middle East was “the opportunity of the century” for the Palestinians but their acceptance was a precondition to peace. “Agreeing on an economic pathway forward is a necessary precondition […]
Who Is Attending U.S.-Led Bahrain Summit on Israeli-Palestinian Conflict…
Peace to Prosperity: The Economic Plan – A New Vision for the Palestinian People (PDF)…
How Israel Already Controls More Than Half of the West Bank…
Supreme Court Refuses to Hear Challenge to Trump’s Steel Tariffs…
The U.S. Supreme Court refused to question President Donald Trump’s imposition of more than $4 billion in steel tariffs, turning away an appeal that challenged his use of national security as the legal justification for his trade agenda. The appeal by a steel industry trade group and two of its members contended that the provision […]
DOJ Secures Jurisdiction for Potential Apple Investigation…
The Department of Justice (DOJ) will take the lead in any future investigation of Apple’s market power, as regulators move toward a wider review of Silicon Valley’s antitrust concerns, Reuters reported on Monday. The Justice Department and the Federal Trade Commission (FTC), the two agencies tasked with antitrust enforcement, reached an agreement in recent weeks […]
Facebook, Google Regulatory Woes Erode $137 Billion From FANGs…
A wave of antitrust probe headlines on Facebook Inc. and Google parent Alphabet Inc. just yanked about $137 billion from FANG stocks’ market values. Some $41 billion evaporated from Facebook on Monday as a person familiar with the matter said the U.S. Federal Trade Commission will oversee antitrust scrutiny into whether the firm’s practices harm […]
FTS Secures Authority to Open Antitrust Probe Into Facebook…
The Federal Trade Commission will be in charge of any antitrust investigations into Facebook, according to a new report in the Wall Street Journal Monday. It’s part of an arrangement that permits the Justice Department to investigate Google while handing over Facebook and Amazon to the FTC. On Friday, reports surfaced that the Justice Department […]
Trump Declares War on Silicon Valley: DoJ Launches Google Anti-Monopoly Probe…
Once shielded by the logic of Silicon Valley’s relentless churn of innovation – which dictated that no reigning tech empire could rule for long before going the way of Yahoo and AOL – tech giants like Facebook, Amazon and Google have been subjected to intensifying anti-trust pressure – Elizabeth Warren’s “Break up Big Tech”s billboard […]
California High-Speed Rail Authority Sues Trump Administration Over Terminating Grant…
California’s high-speed rail agency announced Tuesday it is suing the U.S. Department of Transportation and its senior officials over the Trump administration’s decision to terminate a $929-million grant for the state’s beleaguered bullet train. In a 20-page complaint filed in U.S. District Court, the state effectively accuses the administration of playing politics with a decision […]