3rdPartyFeeds

Congress Pushes Back on Amazon, Facebook in Antitrust Dispute

Three U.S. senators and a House member told (AMZN) and (FB) to abandon their efforts to disqualify Federal Trade Commission Chair Lina Khan from involvement with the commission’s antitrust activities related to the two businesses. The FTC has initiated antitrust litigation against Facebook (ticker: FB), seeking to separate Instagram and WhatsApp from the company and accusing it of operating a monopoly business. Facebook scored a significant victory when a federal judge agreed to dismiss the suit but gave the FTC a chance to refile its argument. Read More...

Bloomberg

BlackRock and Wells Fargo Delay Return to Office on Delta Concerns

(Bloomberg) — BlackRock Inc. and Wells Fargo & Co. are pushing their return-to-office plans back a month to early October, citing rising Covid-19 rates across the U.S.BlackRock is allowing workers to choose whether or not to come into U.S. offices through Oct. 1, according to a memo. Wells Fargo, with almost 260,000 employees, will now begin bringing back staffers who have been working remotely starting Oct. 4 rather than Sept. 7, as previously announced, according to an internal memo Thursday

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