Tag Archives: policy

By Anirudh Saligrama (Reuters) – Disney World near Orlando, Florida, operated by Walt Disney Co, has put its COVID-19 vaccination mandate on hold, a spokesperson said on Saturday. The move comes amid the Biden administration’s workplace COVID-19 vaccine rule, which requires businesses with at least 100 employees to require staff get vaccinated against COVID-19 or be tested weekly and wear a face covering at work. Local TV station Fox 35 was first to report the news, citing a cast member at the… Source link

A 3D printed Google logo is placed on the Apple Macbook in this illustration taken April 12, 2020. REUTERS/Dado Ruvic Tech companies said rule reducing reviews undermines patent system Court says PTO decisions on instituting review can’t be appealed (Reuters) – A federal judge in California tossed a lawsuit brought by big tech companies including Apple and Google over a U.S. Patent and Trademark Office policy that reduced the number of patent disputes it considers. U.S. Supreme Court precedent… Source link

When will the Federal Reserve start pulling back on its extraordinary monetary stimulus? That’s the major question that Fed watchers hope to get an answer for later this afternoon, when the Federal Open Market Committee releases its updated policy decision.  Chatter has been building within the central bank over slowing the pace of its asset purchases. Since the depths of the COVID-19 pandemic, the Fed has been absorbing about $120 billion a month in U.S. Treasuries and agency mortgage-backed… Source link

The UK’s more expansive, post-Brexit role in digital regulation continues to be felt today via a policy change by Google which has announced that it will, in the near future, only run ads for financial products and services when the advertiser in question has been verified by the financial watchdog, the FCA. The Google Ads Financial Products and Services policy will be updated from August 30, per Google, which specifies that it will start enforcing the new policy from September 6 —… Source link

UnitedHealthcare (UNH) announced this week it would start rejecting claims for non-emergency visits to the emergency room starting July 1. The move has been met with stark criticism from patient advocacy groups and health experts who worry the move will discourage people from seeking care when they need it. But the health industry has long worried about the excessive cost of over-reliance on the ER. “The emergency door is the most expensive entrance into the hospital, any hospital,” health… Source link

Bitcoin’s price has fallen to its lowest point in over a week as traders stare down prospects of shifting U.S. monetary policy and continued tightening of regulation of cryptocurrencies in China. At 20:00 UTC on Monday, the price of the world’s foremost crypto began declining from around $35,466 to a low of $33,221. Prices were up slightly on the hour, and one bitcoin was changing hands for roughly $33,793 at the time of publication. The move marked the largest single daily loss for the… Source link

(Adds quote)    By Tony Munroe and David Stanway    BEIJING, May 31 (Reuters) – Married Chinese couples may have up to three children, China announced on Monday, in a major shift from the existing limit of two after recent data showed a dramatic decline in births in the world’s most populous country.    Beijing scrapped its decades-old one-child policy in 2016, replacing it with a two-child limit to try and stave off risks to its economy from a rapidly aging population. But that failed… Source link

Google expects its future lies in a hybrid work model under which some 60 percent of Googlers will spend a few days per week in the office, 20 percent will work in new office locations and another 20 percent will work from home. The Mountain View, Calif.-based technology giant’s more flexible stance on remote work was announced as the company shared CEO Sundar Pichai’s vision for its post-coronavirus-pandemic hybrid workplace with employees. Google’s latest hybrid work model is… Source link

Bloomberg SoftBank Nears End of $23 Billion Buyback, Imperiling Rally (Bloomberg) — Masayoshi Son has run almost all the way through $23 billion allocated to buy back SoftBank Group Corp. shares, raising concerns that his stock’s bull run will end without rapid intervention.The Tokyo-based company purchased more than $20 billion worth of its own shares over the past year through March, according to SoftBank filings, an unprecedented effort that more than doubled the value of the stock. Now,… Source link

President Joe Biden’s first 100 days in office have been dominated by government spending proposals. On Friday, Biden unveiled his $1.5 trillion “skinny budget” – a precursor to the full annual budget. It comes on top of his $1.9 trillion COVID-relief package and his $2.3 trillion infrastructure proposal. Tyler Goodspeed, former acting chairman of the Council of Economic Advisers under former President Trump, told Yahoo Finance Live all that spending is not prudent at a time when the… Source link