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Key antitrust lawmaker frustrated with Google's Fitbit deal

Lawmakers pressed top U.S. antitrust enforcers on their probes of tech giants Alphabet’s Google, Facebook, Amazon and Apple on Wednesday, with the chair of a House subcommittee expressing frustration over the companies’ continued acquisitions. In a hearing of the House Judiciary Committee’s antitrust subcommittee, Makan Delrahim, the head of the Justice Department’s antitrust division, said his investigative staff was focused on understanding how personalized advertising transactions work. …read more […]

Healthcare

Hoth Therapeutics (NASDAQ: HOTH) Initiates Preclinical Study Including Topical Form of Aprepitant for Dermatological Treatment Relating to Side Effects of Cancer Medication

NEW YORK, Nov. 14, 2019 — Hoth Therapeutics, Inc. (NASDAQ: HOTH) (“HOTH” or the “Company”), a biopharmaceutical company focused on developing new generation therapies for dermatological disorders such as atopic dermatitis, chronic wounds, psoriasis and acne, […]

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California Governor Newsom Is Fielding More PG&E Takeover Calls

(Bloomberg) — For California Governor Gavin Newsom, sitting back and watching PG&E Corp.’s bankruptcy run its course is no longer an option.The mayors of 22 cities are pressing him to turn the embattled power giant into a customer-owned cooperative. San Francisco, the city he once served as mayor, wants to take over the company’s local poles and wires. And on Wednesday, a board member of a statewide consumer group sent Newsom a proposal that would have the state run PG&E like a massive municipal utility.The proposals reflect a groundswell of anger against PG&E following years of deadly wildfires sparked by …read more […]

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UPDATE 2-ProPetro confirms U.S. SEC probe, accounting weaknesses

Oilfield services firm ProPetro Holding Corp on Wednesday said a board investigation had uncovered material weaknesses in its financial controls and an undisclosed related-party transaction with its former chief accountant. The Midland, Texas-based company also confirmed Reuters’ report last month that the U.S. Securities and Exchange Commission had opened an investigation in its financial disclosures and reporting. ProPetro provided the first snapshot of its business since disclosing the departure of its chief accounting officer and the demotion of two top officials amid an internal investigation into its financial accounting and disclosures. …read more […]