U.S. 6th Circuit Court Rules FCC Cannot Enforce Net Neutrality

U.S. 6th Circuit Court Rules FCC Cannot Enforce Net Neutrality

The U.S. 6th Circuit Court of Appeals issued a landmark ruling on Thursday, declaring that the Federal Communications Commission (FCC) lacks the authority to regulate internet providers as public utilities. This decision effectively blocks the reinstatement of net neutrality rules, a policy initially introduced during the Obama administration. Background on Net Neutrality Net neutrality ensures…

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Rivian Automotive Shares Surge After Surpassing Production Estimates

Rivian Automotive Shares Surge After Surpassing Production Estimates

Rivian Automotive (RIVN) shares soared by 23% on Friday, reaching their highest level in five months. The rally followed the electric vehicle (EV) maker’s announcement that its full-year production exceeded revised estimates and that a production issue affecting its output had been resolved. 2024 Production Figures The Illinois-based manufacturer reported that it built 49,476 vehicles…

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Joe Biden to Award Presidential Medal of Freedom to 19 Influential Figures

President Biden Blocks Nippon Steel’s $14 Billion Takeover of U.S. Steel Over National Security Concerns

In a significant and controversial move, President Joe Biden announced on Friday his decision to block the $14 billion acquisition of U.S. Steel by Nippon Steel, a Japanese company. Citing national security concerns, the president emphasized the importance of keeping the iconic Pennsylvania-based steel producer under domestic ownership. National Security Takes Precedence U.S. Steel, a…

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Bigg Boss 18 Week 13 Eviction and Highlights: Drama, Nominations, and Guest Appearances

Bigg Boss 18 Week 13 Eviction and Highlights: Drama, Nominations, and Guest Appearances

Week 13 of Bigg Boss 18 was packed with high-voltage drama, emotional confrontations, and intense nomination battles. From family members entering the house to unexpected twists in the nomination task, here’s a detailed breakdown of the week’s key happenings. Confrontations in the House Nominations for Eviction (Week 13) The following contestants were nominated for eviction…

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Alcohol Stocks Drop After Surgeon General Calls for Cancer Warning Labels

Alcohol Stocks Drop After Surgeon General Calls for Cancer Warning Labels

Shares of major alcohol companies saw a decline on Friday, with Constellation Brands—the producer of popular beers like Corona and Modelo—losing approximately $450 million in market value. The drop came after U.S. Surgeon General Vivek Murthy urged Congress to update warning labels on alcoholic beverages to include cancer risks, sparking widespread investor concerns. Key Points…

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