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The Spokesman-Review Newspaper
Spokane, Washington  Est. May 19, 1883

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Amazon’s Bezos, Jassy deleted chats amid FTC antitrust probe

Top Amazon.com Inc. executives including founder Jeff Bezos and Chief Executive Officer Andy Jassy destroyed text messages discussing business, the Federal Trade Commission alleged, erasing evidence the agency could have used in its antitrust case against the retail giant.

News >  Business

U.S. solar companies, imperiled by price collapse, demand protection

Several of the biggest American solar manufacturing companies are demanding aggressive action against cheap imports, arguing in a petition filed Wednesday with the Commerce Department that firms in four Asian countries are illegally flooding the U.S. market with Chinese-subsidized panels.
News >  Business

FTC chief says tech advancements risk health care price fixing

New technologies are making it easier for companies to fix prices and discriminate against individual consumers, the Biden administration’s top consumer watchdog said Tuesday. Algorithms make it possible for companies to fix prices without explicitly coordinating with one another, posing a new test for regulators policing the market, said Lina Khan, chair of the Federal Trade Commission, ...
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Tesla stock in ‘no man’s land’ after 43% rout ahead of earnings

Elon Musk is known to challenge the status quo - and that’s exactly what Tesla Inc.’s investors are worried about right now. The company’s shares are weathering the longest rout since late 2022, tumbling nearly 19% over the past seven days, amid doubts about its business strategy as sales of electric vehicles slump.
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FTC to issue non-compete ban as Chamber lawsuit looms

The US Federal Trade Commission is poised to vote Tuesday to adopt a near-total ban on non-compete provisions that prohibit workers from switching jobs within an industry, a rule the Chamber of Commerce vowed to immediately challenge in court.