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The Latest Breaking News from FTC

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

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

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US Chamber Of Commerce Sues FTC Over Noncompete Ban

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

Top News

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

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."

PC Gamer

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Federal Government Takes Actions To Benefit American Workers

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

Top News

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.

International Business Times UK

Another Illegal Power Grab From the FTC

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

Reason

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

GamesRadar

FTC bans noncompete clauses

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

Salon

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.

WEKU

New tech risks health care price fixing

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

Salon

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Fortune

Lina Khan's noncompete ban is on firmer ground than her past overreach

The FTC ban could transform the U.S. business environment—if it can survive a court challenge.

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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Axios

The FTC just voted to ban noncompete agreements used by employers

Noncompetes were once mainly for executives, but they’ve spread to lower-wage positions.

WEKU

U.S. bans noncompete agreements for nearly all jobs

The Federal Trade Commission has voted to ban employment agreements that typically prevent workers from leaving their companies for competitors, or starting competing businesses of their own.

Salon

Is the Kroger-Albertsons merger back on?

The FTC sued to block the $25 billion merger between two of the country’s largest supermarket chains

Reason

Politicians Helped Kill Amazon's Roomba Deal

Did Elizabeth Warren help cause hundreds of layoffs in Massachusetts?

WEKU

After 26,000 public comments, FTC to vote on rule banning noncompete agreements

The Federal Trade Commission will vote Tuesday on whether to issue a final rule banning noncompete agreements. The Biden administration has argued that noncompetes harm workers and stifle competition.

Axios

Dana Mattioli's "The Everything War" describes how Amazon causes price inflation online

It's an in-depth account of the Seattle company's rise from scrappy underdog to a massive conglomerate.

International Business Times UK

6 Reasons Why Your Credit Score Dropped Even If You Pay On Time

Factors like cosigning loans, closing old credit card accounts, high credit utilization, and errors in your credit profile can reduce your credit score.

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