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Peter Morici: The antitrust case against Facebook is bad economic policy

The Federal Trade Commission and 47 states are suing Facebook for allegedly squelching competition by acquiring startups, and seeking divestiture of Instagram and WhatsApp. The suits are without merit and bad economic policy. Facebook FB, -2.83% offers users a tool to create online bulletin boards where individuals, affinity groups and businesses can communicate personal news, collaborate, market products and …

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Coronavirus Update: U.S. coronavirus case tally climbs to 15 million from 14 million in just five days

• U.S. case tally climbs to 15 million from 14 million in five days • Birx and Fauci say Americans must stop gathering in large numbers • President-elect Joe Biden pledges to deliver 100 million vaccine shots in first 100 days in office • German Chancellor Angela Merkel pleads with …

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A grim test case on how progressive paid-leave and child-care policies fail to address the gap in men and women’s wages

The U.S. is the only highly-developed country without a federal paid parental leave law. This is especially critical as millions of American women face a coronavirus-induced recession that’s hit them especially hard, advocates for paid leave say. Shutdown orders and consumer anxiety have cut into the services sector, which also …

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The Wall Street Journal: Facebook prepared to limit posts in case of post-election strife

Facebook is tightening its rules on content concerning the U.S. presidential election next month. AFP/Getty Images Facebook Inc. teams have planned for the possibility of trying to calm election-related conflict in the U.S. by deploying internal tools designed for what it calls “at-risk” countries, according to people familiar with the matter. The …

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: What the Boeing subsidies case decision from the WTO means

Boeing Airplanes factory pictured in Everett, Washington state. Getty Images The World Trade Organization on Tuesday allowed the European Union to go ahead with tariffs on some $ 4 billion worth of U.S. goods, in retaliation for state subsidies extended to plane maker Boeing. The decision, which was expected, follows …

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Coronavirus update: Global case tally tops 35 million and doctors are alarmed that Trump’s Sunday jaunt put his security detail at risk

The number of confirmed cases of the coronavirus that causes COVID-19 climbed above 35 million on Monday, as doctors expressed alarm at President Donald Trump’s decision to leave his hospital bed to wave to supporters from a motorcade on Sunday, saying he has put all of the people in the …

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Coronavirus update: U.S. case tally at 4.72 million and New Jersey, Massachusetts and Connecticut see infections climb again

The U.S. case tally for the coronavirus illness COVID-19 rose by fewer than 50,000 on Monday for a second straight day, data aggregated by Johns Hopkins University showed, although cases were rising in some states that had seemed to get the spread under control earlier this year. The U.S. added …

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Coronavirus update: Pandemic will continue for some time, experts tell Congress as U.S. case tally nears 4.5 million

With close to 4.5 million Americans confirmed to have been infected with the coronavirus illness COVID-19, the pandemic will continue for some time, public health officials will tell Congress on Friday, underscoring the importance of following their recommendations on face masks, frequent hand washing and social distancing. “While it remains …

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Coronavirus update: U.S. case tally climbs above 3.8 million; President Trump appears to have changed his view on face masks

The number of confirmed cases of the coronavirus illness COVID-19 in the U.S. rose above 3.8 million on Tuesday, and President Donald Trump appeared to change his view of face masks in the face of falling poll numbers. Trump tweeted an image of himself wearing a mask with a message …

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