Facing implacable opposition and a Sept. 30 deadline to pass a bill to repeal and replace large chunks of the Affordable Care Act, the Republican leadership in the Senate has decided not to vote on a measure that seemed destined to come up short of passage. [More]
not gonna happen
The Acting Chairman Of The FTC Does Not Want Your Bank Info
While you may be flattered to receive an email that’s purportedly from Maureen Ohlhausen, the acting chairman of the Federal Trade Commission, we’ve got to break it to you: She isn’t going to email you, and even if she did, she would definitely not ask you for your bank account information. [More]
Debut Of Previously Unreleased Prince EP Blocked By Court Order
Songs that Prince recorded a decade before his untimely passing were slated to be released on April 21, the first anniversary of the artist’s death. However, a federal judge has barred these songs from being made public, at least temporarily, while it considers a dispute between Prince’s estate and the co-producer of that EP. [More]
Chinese Entertainment Company Won’t Be Buying Dick Clark Productions After All
Chinese entertainment giant Dalian Wanda will be keeping $1 billion in its pocket after a proposed deal to purchase Dick Clark productions fell through. [More]
Fiat Chrysler Still Pining Away For A Merger Marriage With GM
Fiat Chrysler’s one-sided love affair with General Motors goes back nearly two years, when CEO Sergio Marchionne declared he wanted to hug the rival carmaker so hard they just became one. Despite this, GM has resisted any notion of a merger deal, and no matter how many times GM swipes left on FCA’s Tinder profile, FCA keeps holding out hope for wedded bliss. [More]
Federal Judge Blocks $37 Billion Merger Of Aetna & Humana
Six months after the U.S. Department of Justice and attorneys general from eight states and the District of Columbia sued to stop the merger of insurance giants Aetna and Humana, the federal judge in the case has blocked the deal from moving forward. [More]
Mylan Execs Decline To Testify At Senate EpiPen Hearing On $465M Settlement
Mylan CEO Heather Bresch has already made one trip to Capitol Hill to answer questions regarding the skyrocketing price of the emergency epinephrine injectors, but it looks like the company won’t be making a repeat outing to talk with lawmakers. [More]
Neiman Marcus CEO Denies Reports She’s Stepping Down
There have been several rumors circulating in the retail world recently when it comes to Neiman Marcus: the company is looking for a buyer, or that Karen Katz, the retailer’s top executive, is headed for the exit. However, Katz has publicly declared that, contrary to the whispers, she’s not going anywhere. [More]
Bill Requiring Security Backdoors On Phones & Other Devices Appears To Be DOA
Last month, Senators Diane Feinstein of California and Richard Burr of North Carolina were set to bring forth legislation that would end the debate on whether companies like Apple should help law enforcement unlock users’ devices, by requiring them to do so. In spite of the bipartisan, high-level sponsorship and the spotlight of the disputes between Apple and the Justice Department, it looks like this controversial legislation may never even be formally introduced. [More]
Uber Won’t Allow Drivers To Discriminate Against Gay Passengers Even If A State Law Allows It
Even as lawmakers in Oklahoma sign off on a ridesharing service bill that removes protections for gay and transgender passengers, Uber has made it clear that changes to state laws will not alter its anti-discrimination policy. [More]
Report: The Next Apple TV Won’t Allow For 4K Video Streaming
Just because something is new, doesn’t necessarily always mean it’ll have the newest technology — perhaps because it’s because that technology still needs to prove itself or there’s really not a need for it yet. That appears to be the reason behind Apple’s reported decision not to have its new Apple TV support 4K streaming video. [More]
Sprint Gives Up Dream Of Wedded Bliss With T-Mobile, Gives CEO Dan Hesse The Boot
Ever since Japan-based SoftBank took control of Sprint, the company has been standing outside of T-Mobile’s window with a boom box held over its head, trying to woo the magenta-hued wireless company by claiming that the only way they could both survive is if they were together forever as one. But that all came to an end yesterday, when Sprint’s arms got sore, as the company decided to pack up its boom box and went home alone. [More]
Scam Alert: Sorry, The President Will Not Be Paying Your Electric Bill
The summer heat wave is blasting people across the country, but don’t let your fried brain trick you into believing a new scam spreading across the country. For example, Dayton Power & Light in Ohio says customers have been calling in to report a trickster who’s telling people President Obama will pay their utility bills as part of a bailout plan. [More]
FDA: High Fructose Corn Syrup Isn't "Corn Sugar"
Dealing what is surely a mighty blow to those in the corn industry hoping to improve the image of high fructose corn syrup, the Food and Drug Administration has denied the Corn Refiners Association’s petition to rename HFCS as “corn sugar.” [More]