Facebook is under wider scrutiny for how it handles user data.
The FBI, Securities and Exchange Commission, and Federal Trade Commission have reportedly joined the Justice Department's investigation into the relationship between Facebook and data firm Cambridge Analytica.
The expanded probe, first reported by the [Washington Post](https://www.washingtonpost.com/technology/2018/07/02/federal-investigators-broaden-focus-facebooks-role-sharing-data-with-cambridge-analytica-examining-statements-tech-giant/?noredirect=on&utm_term=.4626644756e0), centers on why it took so long for the social media company to disclose the fact that Cambridge had gained access to information on tens of millions of users.
Facebook has said it learned back in 2015 that Cambridge was using data gleaned from its platform to create voter profiles of users, but it only made that revelation public this past March. And while the company said it changed its data policies years ago to prevent third parties from accessing private information, just last week it said as many as 61 app developers were able to get that information even after those changes were implemented.
Shares of Facebook, which have more than recovered from the initial Cambridge scandal and hit an all-time high last month, were down on the news.
FedEx decreased its full-year revenue forecast after reporting lower-than-expected quarterly profits in its latest results.
Cora is among dozens of young kids across the U.S. poisoned by lead linked to tainted pouches of the cinnamon-and-fruit puree
The IRS said Tuesday it is going to waive penalty fees for people who failed to pay back taxes that total less than $100,000 per year for tax years 2020 and 2021.
Rite Aid has been banned from using facial recognition technology for five years over allegations that a surveillance system it used incorrectly identified potential shoplifters, especially Black, Latino, Asian or female shoppers.
The union representing Southwest Airlines pilots says it reached a new contract agreement in principle with the airline following three years of negotiations.
U.S. Bank has been hit with a $36 million fine for freezing debit cards that distributed unemployment benefits during the pandemic.
Construction of new homes rose by double digits in November, according to data from the Commerce Department.
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Stocks opened lower after the opening bell and on track for its first decline in 10 days after a recent winning streak.
Tesla drivers in the U.S. were in more accidents than drivers of any other car brand this year, according to a study.
