The FCC's decision is receiving a lot of backlash after repealing the net neutrality regulations. Doug Chin, Attorney General of Hawaii, joined us to share why he and 22 other state attorney generals filed a lawsuit to block the move.
Chin weighs in on what he thinks the Trump administration is ignoring with the repeal of net neutrality. The argument from Hawaii is that the rollback is “arbitrary and capricious” and goes against longstanding policy of the FCC. He says the big issue for Hawaii is they depend on internet for information since they are geographically isolated. In terms of free flow of information, he doesn’t believe it reflects the American way.
The attorney general also discusses the impact of marijuana regulations. He says the big issue is that most banks are not willing to accept money because of federal regulations preventing them from taking on the risk. This results in a cash-only grey market that makes the industry difficult to regulate, says Chin.
Workers at a number of pharmacy chains nationwide were planning a walkout Monday and going through Wednesday.
President Joe Biden on Monday will sign a sweeping executive order to guide the development of artificial intelligence — requiring industry to develop safety and security standards, introducing new consumer protections and giving federal agencies an extensive to-do list to oversee the rapidly progressing technology.
Beauty tips from Allure Magazine.
A new study finds where millennials live can affect how well they can do.
Apple's latest keynote event will be live-streamed on its website, YouTube and Apple TV At 8 p.m ET.
McDonald's reported better-than-expected profit and sales in the third quarter.
President Joe Biden signed a wide-ranging executive order on artificial intelligence in the U.S.
Stocks jumped in Monday's early session after a slew of earnings and other news events that saw the market attempt to make a positive finish to a rough month. Investors also braced for a rate decision from the Federal Reserve as well as the latest jobs report this week.
Cocoa prices are trading at 44-year highs and global sugar prices are at 12-year highs.
Big Business This Week is a guided tour through the biggest market stories of the week, from winning stocks to brutal dips to the facts and forecasts generating buzz on Wall Street.
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